Showing 1 - 10 of 80
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.
Office announces export rebound thanks to farm items
Business, Wichit Chantanusornsiri, Published on 30/11/2023
» The Fiscal Policy Office reports the export sector signalled a recovery following a third consecutive month of expansion, says director-general Pornchai Thiraveja.
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.
Justifying the digital wallet scheme
Business, Wichit Chantanusornsiri, Published on 16/11/2023
» The 10,000-baht digital wallet scheme is considered the flagship policy of the Pheu Thai-led coalition given its prominence in the election campaign.
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).
Excise eager to close booze tax loopholes
Business, Wichit Chantanusornsiri, Published on 14/08/2023
» The Excise Department plans to restructure the excise tax on liquor and beer to close loopholes, says director-general Ekniti Nitithanprapas.
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.
Exim Bank promotes risk hedging amid choppy seas
Business, Wichit Chantanusornsiri, Published on 09/06/2023
» The lingering effects of the pandemic and the Russia-Ukraine war could exacerbate the risk of non-payment for goods, says Rak Vorrakitpokatorn, president of the Export-Import (Exim) Bank of Thailand.
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.