Showing 1 - 10 of 16
Call for measures to halt surge in bad debt
Business, Wichit Chantanusornsiri, Published on 10/06/2025
» The National Economic and Social Development Council (NESDC) wants to improve the conditions for debt restructuring to prevent special mention (SM) loans from deteriorating into non-performing loans (NPLs), after a noticeable increase in the former in last year's fourth quarter.
Social Security Fund dips by B17.6bn
Business, Wichit Chantanusornsiri, Published on 11/07/2023
» In 2022, the Social Security Fund (SSF) declined by more than 17.6 billion baht, the first drop in five years, as a result of decreased market capitalisation (mark to market) and reduced contributions to alleviate the financial burden of subscribers during the pandemic, says a Finance Ministry source who requested anonymity.
GSB set to launch digital loans in effort to lower rates
Business, Wichit Chantanusornsiri, Published on 04/04/2023
» Government Savings Bank (GSB) is set to launch a non-bank business to offer digital personal loans and digital nano-finance services in the third quarter of this year, with a view to pushing down interest rates in the market for both services by 5%, said president Vitai Ratanakorn.
Latest loan guarantees aimed at SMEs
Business, Wichit Chantanusornsiri, Published on 11/03/2023
» State-owned Thai Credit Guarantee Corporation (TCG) plans to launch Portfolio Guarantee Scheme 10 (PGS10) later this month, aiming to help small and medium-sized enterprises (SMEs) access loan guarantees on a lower cost basis.
State NSF offerings to rise by B2bn
Business, Wichit Chantanusornsiri, Published on 27/01/2023
» The government is expected to spend between 1.8 billion and 2 billion baht per year on higher contributions to National Savings Fund (NSF) members, says Finance Minister Arkhom Termpittayapaisith.
Welfare bump on the cards
Business, Wichit Chantanusornsiri, Published on 16/01/2023
» The Finance Ministry is considering increasing the value of state welfare card subsidies in response to rising living costs, says a ministry source who requested anonymity.
State mulls higher NSF contributions
Business, Wichit Chantanusornsiri, Published on 29/09/2022
» The Finance Ministry is considering a higher government contribution to the National Savings Fund (NSF) in order to increase retirees' income, says Arkhom Termpittayapaisith.
Ministry delineates plan to fine-tune NSF
Business, Wichit Chantanusornsiri, Published on 25/04/2022
» The Finance Ministry aims to raise the monthly pension payment for freelancers who are members of the National Savings Fund (NSF) to 10,000 baht to encourage them to become fund members, says minister Arkhom Termpittayapaisith.
Finance Ministry seeks cash handout approval
Business, Wichit Chantanusornsiri, Published on 19/01/2021
» The Finance Ministry will seek the cabinet's approval on using the remaining 300-billion-baht sum of the 1-trillion-baht emergency loan decree to fund the 3,500-baht money transfer relief scheme for two months for nearly 40 million people.
Informal workers need accounts for handouts
Business, Wichit Chantanusornsiri, Published on 14/01/2021
» Informal workers must have monetary deposits in a bank account to be eligible for the 3,500-baht financial relief available for a two-month period, says a Finance Ministry source.