Showing 1 - 10 of 29
New state credit scoring set to cut rates
Business, Wichit Chantanusornsiri, Published on 22/09/2025
» The Finance Ministry plans to launch Ari Score, a new credit scoring system for the public expected to help individuals gain greater access to loans at lower interest rates.
Geographical reach of pico-finance businesses to be expanded
Business, Wichit Chantanusornsiri, Published on 23/07/2025
» The Finance Ministry is in the process of revising its ministerial announcement to expand the geographical scope of the pico-finance business to better serve small-scale borrowers and draw informal lenders into the formal financial system.
Ministry rebuffs reports of returned pico-finance licences
Business, Wichit Chantanusornsiri, Published on 16/06/2025
» The Finance Ministry has dismissed reports suggesting a growing number of business operators are returning their pico-finance licences due to an increase in non-performing loans (NPLs).
Back from the past
Postbag, Published on 29/12/2024
» Re: "Decision on Kittiratt as Bank of Thailand chair not yet final", (BP, Dec 27) & "Kittiratt defends rice scheme: IMF triggers another round of criticisms", (Business, Nov 14, 2013).
Pico-finance gives 4m people access to credit worth B40bn
Business, Wichit Chantanusornsiri, Published on 05/04/2024
» Pico-finance, employed by the Finance Ministry to broaden formal financing channels for low-income earners and informal workers, has effectively facilitated access to credit tallying nearly 40 billion baht for more than 4 million individuals.
Digging out of debt
Business, Wichit Chantanusornsiri, Published on 28/12/2023
» Prime Minister Srettha Thavisin has declared dealing with informal debt and the problems it creates a national priority, likening the situation to a form of modern-day slavery.
Ministry sees key role for smaller lenders
Business, Wichit Chantanusornsiri, Published on 26/12/2023
» Nano-finance and pico-finance loans worth 70 billion baht in total are among the measures being deployed to counter informal debt problems, says Fiscal Policy Office director-general Pornchai Thiraveja.
Asian shares rally on upbeat data from China
Business, Published on 16/09/2023
» RECAP: Asian stocks rose strongly on Friday, extending a global equity rally, after better-than-expected Chinese economic data added to the optimism that tightening campaigns by major central banks were almost over.
Pico-finance reform on the cards
Business, Wichit Chantanusornsiri, Published on 12/09/2023
» The Finance Ministry is preparing to update a ministry notification regarding the operation of pico-finance businesses to offer greater consumer protection, says Fiscal Policy Office (FPO) deputy director-general Sumalee Satitchaichareon.
Pico-finance reform on the cards
Published on 11/09/2023
» The Finance Ministry is preparing to update a ministry notification regarding the operation of pico-finance businesses to offer greater consumer protection, says Fiscal Policy Office (FPO) deputy director-general Sumalee Satitchaichareon.