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Search Result for “$8 billion”

Showing 31 - 40 of 939

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GENERAL

GSB told to ease up on informal debtors

Business, Wichit Chantanusornsiri, Published on 19/02/2024

» The Finance Ministry has ordered the Government Savings Bank (GSB) to consider relaxing conditions for informal debtors, says Deputy Finance Minister Krisada Chinavicharana.

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GENERAL

Thai Credit Guarantee Corporation sets B115.6bn loan guarantee target

Business, Wichit Chantanusornsiri, Published on 15/02/2024

» Thai Credit Guarantee Corporation (TCG) has set a loan guarantee target of 115.6 billion baht for this year, up from 95 billion last year, while aiming to reduce the non-performing credit guarantees (NPGs) of 12,000 small and medium-sized enterprises (SMEs), says general manager Sittikorn Direksoonthorn.

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GENERAL

BAAC unveils scheme for carbon credits

Business, Wichit Chantanusornsiri, Published on 12/02/2024

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to purchase 510,000 tonnes of carbon credits within five years, says president Chatchai Sirilai.

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GENERAL

Small and Medium Enterprise Development Bank of Thailand predicts 28% loan growth

Business, Wichit Chantanusornsiri, Published on 10/02/2024

» The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) set a loan target of 90 billion baht this year, up by 28% from 2023, while non-performing loans (NPLs) tallied only 8%, the lowest in 22 years, says president Nartnaree Rathapat.

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GENERAL

Call to increase government pawnshop lending limits

Business, Wichit Chantanusornsiri, Published on 03/02/2024

» The State Enterprise Policy Office (Sepo) is preparing to increase the pawn limit as state-run pawnshops expand and gold prices rise, says director-general Tibordee Wattanakul.

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GENERAL

GH Bank targets 3% loan growth

Business, Wichit Chantanusornsiri, Published on 31/01/2024

» Government Housing Bank (GH Bank) aims to expand loans by 3% this year, higher than last year's target, in line with the country's economic expansion, says president Kamonpop Veerapala.

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GENERAL

Government again says economy in crisis

Business, Wichit Chantanusornsiri, Published on 30/01/2024

» The government has the authority to interpret the current economy as being in a crisis, an important criterion for the issuance of the 500-billion-baht loan bill to finance its digital wallet handout scheme, says Deputy Finance Minister Julapun Amornvivat.

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GENERAL

Call to revamp procurement rules

Business, Wichit Chantanusornsiri, Published on 23/01/2024

» The Finance Ministry has ordered the Comptroller General's Department to amend procurement regulations in order to expedite the disbursement of the fiscal 2024 budget which could be delayed by 7-8 months, says Deputy Finance Minister Krisada Chinavicharana.

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MOTORING

EV imports expected to reach 175,000 in two years

Wichit Chantanusornsiri, Published on 22/01/2024

» The Excise Department estimates electric vehicle (EV) imports will reach 175,000 units within two years, says director-general Ekniti Nitithanprapas.

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GENERAL

Total premiums expected to reach B1tn by 2026

Business, Wichit Chantanusornsiri, Published on 18/01/2024

» The Office of the Insurance Commission (OIC) says the insurance sector expanded by 4.5% recently, with total insurance premiums expected to reach 1 trillion baht in 2026, up from 800-900 billion baht at present, according to secretary-general Chuchatr Pramoolpol.