Showing 1 - 10 of 12
B310bn farm rehab scheme to begin
Business, Wichit Chantanusornsiri, Published on 25/06/2020
» An agricultural rehabilitation scheme worth 310 billion baht is set to begin this month, helping 2 million people who lost jobs and returned to their home provinces, says Deputy Prime Minister Somkid Jatusripitak.
Economic rehab plan en route
Business, Wichit Chantanusornsiri, Published on 09/05/2020
» A 400-billion-baht borrowing plan intended for economic and social rehabilitation after the pandemic to strengthen the domestic economy will be added to the cabinet's agenda next week, with the first batch expected to be doled out later this month.
BAAC aims for B100bn in new loans
Business, Wichit Chantanusornsiri, Published on 03/02/2020
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) will aim for 100 billion baht in new lending during its next financial year.
B5bn for economic tree loans
Business, Wichit Chantanusornsiri, Published on 27/09/2019
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to provide low-interest loans worth 5 billion baht for the purpose of planting economic trees to farmers and rural communities.
BAAC lines up B120bn in new savings lotteries
Business, Wichit Chantanusornsiri, Published on 03/05/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to launch savings lotteries worth 120 billion baht this year to refinance retiring ones, its senior officer says.
FPO wavers on deadline for IFRS 9
Business, Wichit Chantanusornsiri, Published on 20/02/2019
» The Fiscal Policy Office (FPO) has proposed that the Finance Ministry push back a mandatory effective date for specialised financial institutions (SFIs) to adopt International Financial Reporting Standard 9 (IFRS 9), currently scheduled for next January.
Incentive to spur tree growth
Business, Wichit Chantanusornsiri, Published on 28/12/2018
» The Revenue Department wants to let individual and corporate taxpayers deduct expenses incurred from planting high-value trees from their income tax to comply with the government's push to raise the number of such trees to 1 billion in the next decade.
Tree bank loan amount rises
Business, Wichit Chantanusornsiri, Published on 29/08/2018
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has raised the maximum loan amount under its tree bank scheme to 80% of collateral value from 50% to attract more people to grow high-value trees.
Fears of Chinese putting squeeze on durian market
Business, Wichit Chantanusornsiri, Published on 05/07/2018
» China's growing thirst for the king of fruits has built Thai durian farmers' wealth in recent years, but the dominance of Chinese traders has made dealers nervous about the possibility of price collusion.
BAAC runs risk of bad loan surge
Business, Wichit Chantanusornsiri, Published on 03/07/2018
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is at risk of seeing its bad loan ratio surge to as much as 6% if it fails to restructure its special mention loans, worth 30 billion baht.