Showing 1 - 10 of 42
Deputy puts 2024 inflation at 1.5%
Business, Wichit Chantanusornsiri, Published on 29/11/2023
» Economic risk factors for 2024 including natural disasters and government stimulus measures are expected to affect the Thai inflation rate, says Deputy Finance Minister Krisada Chinavicharana.
Bid to stop debt turning sour
Business, Wichit Chantanusornsiri, Published on 01/08/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has revealed it has around 300 billion baht in debt which requires close monitoring in order to prevent bad debt, said president Chatchai Sirilai.
Call to provide insurance for high-value fruit
Business, Wichit Chantanusornsiri, Published on 21/07/2023
» Finance Minister Arkhom Termpittayapaisith proposed the Office of Insurance Commission (OIC) consider the issuance of insurance for high-value fruits such as durian, mangoes, oranges and bananas to boost the confidence of farmers.
Arkhom coy on diesel excise tax cut
Business, Wichit Chantanusornsiri, Published on 30/05/2023
» Finance Minister Arkhom Termpittayapaisith has refused to take a stance on whether the diesel excise tax cut needs to be extended, saying it depends on global oil prices.
BAAC cites pandemic as NPLs reach 6.6%
Business, Wichit Chantanusornsiri, Published on 07/04/2022
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) saw a surge in non-performing loans (NPLs) to almost 7% in its last accounting year as a result of the pandemic and natural disasters, says bank president Tanaratt Ngamvalairatt.
Ministry eager to soothe oil misery
Business, Wichit Chantanusornsiri, Published on 12/02/2022
» The Finance Ministry is considering using the remaining funds from the 500 billion baht in borrowing under the second emergency loan decree to ease the impact of high oil prices on the cost of living, says Finance Minister Arkhom Termpittayapaisith.
BAAC to back farming-related startups
Business, Wichit Chantanusornsiri, Published on 22/10/2021
» Bank for Agriculture and Agricultural Cooperatives (BAAC) will invest in promising startups in the farming sector, especially those which have boosted farmers' income, said the bank's executive vice-president Narong Khuntiviriyakul.
State promises B300bn 'enough' to fight outbreak
Business, Wichit Chantanusornsiri, Published on 17/04/2021
» The government has insisted it has at least 300 billion baht available in funds to fight a fresh Covid-19 outbreak.
Provident fund contribution delay continues
Business, Wichit Chantanusornsiri, Published on 12/01/2021
» The Finance Ministry has allowed employers and employees to extend halting or delaying provident fund contributions for another six months amid the recent Covid-19 outbreak in Thailand.
BAAC readies trio of loan schemes worth B170bn
Business, Wichit Chantanusornsiri, Published on 10/06/2020
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is preparing three low-interest loan schemes worth a combined 170 billion baht to rehabilitate an agricultural sector battered by the coronavirus crisis.