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Search Result for “borrowing”

Showing 1 - 9 of 9

THAILAND

State Railway of Thailand given B18-billion lifeline

Mongkol Bangprapa, Published on 04/11/2025

» The cabinet has approved a Ministry of Transport proposal to allow the State Railway of Thailand (SRT) to borrow 18 billion baht in the 2026 fiscal year to cover operating expenses amid continuing financial losses.

THAILAND

PM denies mass withdrawal of funds from Bank for Agriculture and Agricultural Cooperatives

News, Mongkol Bangprapa, Published on 13/04/2024

» Prime Minister Srettha Thavisin denied rumours that people had begun withdrawing money from the Bank for Agriculture and Agricultural Cooperatives (BAAC) following news the government plans to borrow 172.3 billion baht from the bank to partially finance its 500-billion-baht digital wallet handout scheme.

THAILAND

Srettha responds to 'lame duck' budget bill jibe

News, Mongkol Bangprapa, Published on 05/01/2024

» Prime Minister Srettha Thavisin on Thursday defended the 3.48-trillion-baht budget bill for the 2024 fiscal year, saying every part of the government's spending plan was supported with a clear reason.

BUSINESS

Economic recovery in motion

News, Mongkol Bangprapa, Published on 08/10/2021

» Thailand's plan to attract 1 million quality tourists by the first quarter of next year is to serve as a key blueprint to drive the economic recovery after almost two years of being hit by the coronavirus pandemic.

THAILAND

Political awards that are 'Tu' cute

News, Mongkol Bangprapa, Published on 29/12/2020

» The government has been dubbed "very goo" as opposed to "very good" over its massive borrowing to relieve the disastrous impact of Covid-19.

THAILAND

South makes its case for rescue deal

News, Mongkol Bangprapa, Published on 31/10/2020

» Business representatives in the South will next week ask the cabinet to approve a 100-billion-baht budget to revive the region's tourism industry.

BUSINESS

Predee tapped for cabinet role

News, Mongkol Bangprapa, Published on 18/07/2020

» Prime Minister Prayut Chan-o-cha has confirmed that he has approached banker Predee Daochai to join a new cabinet lineup.

BUSINESS

B1.4bn loan for Myanmar power grids

News, Mongkol Bangprapa, Published on 15/07/2020

» A concessional loan worth 1.45 billion baht to help Myanmar improve its electricity system has been approved by the government, according to an official.

THAILAND

Relief cash only covers a month

News, Mongkol Bangprapa, Published on 16/04/2020

» Prime Minister Prayut Chan-o-cha has stressed the government has yet to finalise the period for its 5,000-baht cash handout scheme to those affected by Covid-19, as the existing fund only covers one month.