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Search Result for “liquidity crisis”

Showing 1 - 10 of 16

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THAILAND

Counsel sought on Bank for Agriculture and Agricultural Cooperatives loan

News, Phusadee Arunmas, Published on 24/04/2024

» The government has agreed to ask the Council of State, its legal arm, to interpret whether the Bank for Agriculture and Agricultural Cooperatives (BAAC) can legitimately allow the government to borrow 172.3 billion baht to finance its digital wallet handout scheme partially.

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GENERAL

Bank of Thailand urged to cut rates as smaller firms continue to suffer

Business, Phusadee Arunmas, Published on 30/01/2024

» Thailand's economic situation is worse than expected and the Bank of Thailand (BoT) is being urged to cut interest rates on commercial bank loans to reduce the burden of small and medium-sized enterprises (SMEs).

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GENERAL

Call for new poverty agency

Business, Phusadee Arunmas, Published on 23/10/2023

» A national agency dedicated to addressing poverty should be established, according to the Program Management Unit on Area-Based Development (PMUA) under the Higher Education, Science, Research and Innovation Ministry.

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BUSINESS

Thais urged to monitor rates

Business, Phusadee Arunmas, Published on 17/03/2023

» Thai exporters and importers are being advised to closely monitor the exchange rate and develop appropriate strategies to cope with the impact of short-term foreign exchange fluctuations.

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BUSINESS

Survey: 40% of SMEs face high risk of closure

Business, Phusadee Arunmas, Published on 27/11/2021

» As many as 40% of small and medium-sized enterprises (SMEs) face a high risk of closure because of tight liquidity and higher operation costs, according to the latest study by the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Office warns SMEs of tougher competition

Business, Phusadee Arunmas, Published on 04/09/2021

» The Office of Trade Competition Commission (OTCC) has sounded the alarm on escalating risks of trade competition, especially for small and medium-sized enterprises (SMEs) reeling from the Covid-19 crisis.

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BUSINESS

Consumer confidence index plunges to new low

Business, Phusadee Arunmas, Published on 09/07/2021

» Consumer and business sentiment fell to record lows in June as sectors fret about rising Covid-19 infections and fatalities.

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BUSINESS

Commerce Ministry unveils new loan matching scheme

Business, Phusadee Arunmas, Published on 08/07/2021

» The Commerce Ministry yesterday launched a loan matching scheme for export-orientated small and medium-sized enterprises (SMEs) which are facing tight liquidity because of the Covid-19 pandemic.

BUSINESS

TCC, central bank discuss SMEs' woes

Business, Phusadee Arunmas, Published on 11/05/2021

» The Thai Chamber of Commerce (TCC) on Monday talked with the Bank of Thailand on the possibility to allow small and medium-sized enterprises to place purchase orders or invoices as loan collateral, a move that will enable SMEs to gain easier access to funds that will help alleviate their tight liquidity.

BUSINESS

September consumers less confident

Business, Phusadee Arunmas, Published on 09/10/2020

» Consumer sentiment fell for the first time in five months in September, as people remained concerned about political instability, the slow economic recovery and higher unemployment as a result of the pandemic.