Private credit has become one of the fastest-growing segments of global finance, raising an important question in Thailand: Will private credit compete with banks or strengthen the financial system by complementing them? While headlines sometimes portray the two as rivals, global experience points to a different reality. Banks remain the backbone of national credit systems, while private credit has emerged as a specialised partner that can step in with capital during periods when banks — due to regulatory limits, risk-control requirements or slower approval cycles — are unable to provide full financing.…

Private credit is rewriting the rules of corporate finance. What was once a niche alternative has become the preferred source of fast, flexible capital for companies facing complex or time-critical need-filling gaps that traditional lenders, constrained by regulation and risk limits, cannot immediately serve. Yet beneath the speed, flexibility and certainty that defines private credit lies an intricate, highly disciplined system. Private credit is, at its core, a structuring business — built on contractual architecture, comprehensive due diligence, rigorous risk management and deep alignment between borrower and lender. Understanding this architecture is…

Private credit has quickly expanded from a niche strategy into a core allocation for global investors. The asset class offers stable income, negotiated protection and senior ranking in a borrower’s capital structure. But as private credit becomes more widely adopted in Thailand, one message is critical: this is not a risk-free investment. Its resilience depends on discipline, structuring strength and the expertise of those who underwrite, monitor and manage each deal. Before investors participate in this fast-growing market, they must understand the key risks that define private credit and how professionals mitigate…

Global demand for private credit continues to accelerate, supported by long-term commitments from pension funds, insurers, sovereign wealth funds and the world’s wealthiest families. This momentum is not a short-term reaction to high interest rates, but a reflection of deeper structural changes in global capital markets. As interest in private credit in Thailand grows, understanding the true drivers of demand is increasingly important for investors, corporate borrowers and policymakers. A structural shift became clearer in mid-2024, when major central banks, including the US Federal Reserve and the European Central Bank, began easing…

Private credit has rapidly expanded into a US$2.3-trillion global industry, raising questions about whether this growth represents genuine financial strength or early signs of a bubble. At the same time, interest in private credit in Thailand has increased significantly as companies search for new ways to access capital while traditional funding channels become increasingly restrictive. Although it may appear relatively new to some market participants, private credit has been part of global financing for decades. At its core, private credit refers to lending provided by investment funds rather than banks. These lenders…

The global healthcare sector is undergoing a profound transformation, one shaped by demographic pressures, rapid technological breakthroughs and shifting economic power centres. As populations age, chronic diseases proliferate and patients demand more personalised care, governments and investors alike are recalibrating priorities. At the core of this shift are precision medicine, longevity science and artificial intelligence (AI)-powered diagnostics; a group of megatrends redefining what healthcare means. It is no longer just about treating illness, but rather extending healthy lifespans, enabling proactive wellness and harnessing data to predict problems before they emerge. Precision medicine…