Showing 1 - 8 of 8
Ministry aims to purge bad loans from bureau blacklist
Business, Wichit Chantanusornsiri, Published on 17/06/2024
» The Finance Ministry plans to hold talks with the Bank of Thailand and National Credit Bureau (NCB) about ways to reduce non-performing loans (NPLs) resulting from the impact of the pandemic, known as Code 21 debtors, in a bid to remove them from the bureau's blacklist sooner so they can access credit.
Carbon levy slated for 2025
Business, Wichit Chantanusornsiri, Published on 05/06/2024
» The Excise Department is scheduled to impose a carbon tax by 2025.
Minister unveils effort to shrink credit blacklist
Business, Wichit Chantanusornsiri, Published on 30/05/2024
» Finance Minister Pichai Chunhavajira has pitched shortening the duration for bad debtors to remain on the National Credit Bureau's blacklist, allowing them to access new borrowing opportunities sooner.
Ministry readies debt restructuring measures
Business, Wichit Chantanusornsiri, Published on 29/05/2024
» The Finance Ministry looks set to implement debt restructuring measures for individuals to help increase their disposable income.
B50bn in credit guarantees for SMEs
Business, Wichit Chantanusornsiri, Published on 29/05/2024
» The Finance Ministry is preparing a credit guarantee fund worth 50 billion baht to help small and medium-sized enterprises (SMEs) access credit.
Call for action on real estate loans
Business, Wichit Chantanusornsiri, Published on 28/05/2024
» The National Economic and Social Development Council (NESDC), the state planning unit, has urged financial institutions to adopt proactive policies in restructuring real estate loans following a sharp rise in the rate of non-performing loans (NPLs) for this type of credit.
Government Savings Bank, Bangkok Commercial Asset to set up joint venture
Business, Wichit Chantanusornsiri, Published on 15/05/2024
» The Finance Ministry expects Government Savings Bank (GSB) and Bangkok Commercial Asset Management Plc (BAM) to establish a joint venture asset management company (AMC) next month.
Central bank urged to take FIDF debt burden
Business, Wichit Chantanusornsiri, Published on 11/05/2024
» A proposal by a Finance Ministry official to shift the debt burden responsibility of the Financial Institutions Development Fund (FIDF) to the Bank of Thailand (BoT) has been put forward, as the central bank is already responsible for repaying both the principal and interest of the debt.