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Search Result for “informal loan”

Showing 1 - 10 of 72

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THAILAND

Bolstering Thai Economy: Key Recommendations for Government

Published on 21/02/2024

» The Vice Chairmen of the Federation of Thai Industries (FTI), Mr. Montri Mahaplerkpong and Mr. Apichit Prasoprat, reported a notable increase in the Thailand Industry Sentiment Index (TISI) for January 2024, rising to 90.6 from 88.8 in December 2023. This upswing in TISI can be attributed to various contributing factors.

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THAILAND

Srettha touts debt initiative's success

News, Mongkol Bangprapa, Published on 13/02/2024

» The government has managed to bring down the total amount of informal debts by 670 million baht in just two months, solving 102,000 out of 140,000 cases reported to authorities as part of the push to reduce the household debt burden.

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THAILAND

Manager of lending firm arrested for stealing customers' money

Surachai Piragsa, Published on 31/01/2024

» BURI RAM: The manager of a lending company has been arrested for stealing almost 200,000 baht from its customers' accounts.

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THAILAND

Govt 'solves' 233 cases of informal debt: PM

News, Post Reporters, Published on 24/12/2023

» The government claims it has solved the informal debts of 233 registered debtors while Prime Minister Srettha Thavisin on Saturday went to observe a debt-solving model in Nan.

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THAILAND

Govt needs a backup plan: Pita

News, Aekarach Sattaburuth, Published on 16/12/2023

» Pita Limjaroenrat, advisory chairman of Move Forward Party (MFP), suggested the government develop another plan to stimulate the economy if the 10,000-baht digital wallet handout scheme cannot be implemented.

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THAILAND

Over 80,000 sign up for debt relief scheme

Post Reporters, Published on 10/12/2023

» More than 82,000 people have signed up to the government's initiative to help distressed debtors service their obligations to informal lenders since the scheme was launched nine days ago.

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THAILAND

How to bring 'slave master' lenders to heel

Published on 10/12/2023

» The scale of Thailand's informal debt has captured the government's attention, prompting it to declare the matter a national agenda issue and roll out a nationwide programme for debtors to register for help.

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THAILAND

Almost 40,000 loan shark debtors seek govt help

Post Reporters, Published on 03/12/2023

» The Interior Ministry has registered 37,579 people seeking government help to pay off debts exceeding 1.5 billion baht to loan sharks nationwide.

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THAILAND

PM calls time on illegal loan sharks

News, Post Reporters, Published on 29/11/2023

» Prime Minister Srettha Thavisin has declared tackling loan sharks and the problems they cause a national priority, and likened the situation some of their victims find themselves in to a form of modern-day slavery.

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THAILAND

MFP delays decision on leading opposition

Aekarach Sattaburuth, Published on 06/09/2023

» The Move Forward Party (MFP) will await the Constitutional Court's ruling on the eligibility of party leader Pita Limjaroenrat for the role of prime minister before deciding whether to lead the opposition, it said yesterday.