Showing 1 - 10 of 237
BAAC union queries lending capacity
Wichit Chantanusornsiri, Published on 18/04/2024
» The labour union of the Bank for Agriculture and Agricultural Cooperatives (BAAC) is seeking legal opinions about whether the government can borrow from the state-owned bank to support its costly digital wallet handout.
Srettha sets timeline for new state policies
Business, Wichit Chantanusornsiri, Published on 24/11/2023
» Prime Minister Srettha Thavisin has set a schedule for pressing economic issues related to agriculture, industry, and debt problems, including both formal loans and loan sharks.
New approach needed for farm debt
Business, Wichit Chantanusornsiri, Published on 02/10/2023
» The debt suspension scheme for farmers fails to address the root cause of the debt problem, says Somporn Isvilanonda, a senior academic at the Knowledge Network Institute of Thailand.
Srettha backs vehicle supply chain
Business, Wichit Chantanusornsiri, Published on 30/09/2023
» Prime Minister Srettha Thavisin reaffirmed to the Japanese government that the Thai government will continue to support the production of internal combustion engine (ICE) vehicles for the next 10-15 years to ensure a smooth transition to electric vehicles (EVs).
Arkhom urges BAAC to rejig farmer debt
Business, Wichit Chantanusornsiri, Published on 26/06/2023
» Finance Minister Arkhom Termpittayapaisith has asked the Bank for Agriculture and Agricultural Cooperatives (BAAC) to restructure farmers' debts to reduce non-performing loans (NPLs) to 3-4% for this accounting year from nearly 8% year-on-year.
BAAC set for 2% farm loan growth
Business, Wichit Chantanusornsiri, Published on 03/05/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) expects its loans to farmers in fiscal 2023 to expand by 2% from the previous year, says executive vice-president Paisan Hongtong.
Agencies seek B76bn for farmers
Business, Wichit Chantanusornsiri, Published on 10/11/2021
» The Finance Ministry will discuss with the Budget Bureau to seek a 76-billion-baht budget to support rice farmers under the farmers' income guarantee scheme, said Finance Minister Arkhom Termpittayapaisith.
BAAC sparks up cannabis farming loan scheme
Business, Wichit Chantanusornsiri, Published on 25/09/2021
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has started offering loans this month to plant cannabis for community enterprises and agricultural cooperatives after parts of the plant were taken off the narcotics list.
BAAC approves B100bn for rice farmers
Business, Wichit Chantanusornsiri, Published on 26/02/2021
» The government has injected capital worth more than 100 billion baht to help ease farmers' plight for the 2020-2021 harvest season, says the Bank for Agriculture and Agricultural Cooperatives (BAAC).
Leaden farm prices may tip extended debt moratorium
Business, Wichit Chantanusornsiri, Published on 19/10/2020
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) may have to extend the debt moratorium period because of the Covid-19 crisis and unimproved farm product prices, says a Finance Ministry source.