Showing 1-10 of 109 results
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BAAC pledges to solidify its financial status
Business, Wichit Chantanusornsiri, Published on 05/03/2024
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has committed to solidifying its financial status, aiming to provide continued support to farmers and cap its non-performing loans (NPLs) at 4% this year.
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Government ready to bear part of Covid-19 payout
Business, Wichit Chantanusornsiri, Published on 21/12/2023
» The government will bear some of the burden for the payment of claims from Covid-19 policyholders, says Deputy Finance Minister Julapun Amornvivat.
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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.
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BAAC expects 85% of farmers to join debt plan
Business, Wichit Chantanusornsiri, Published on 02/11/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) anticipates roughly 85% of the 2 million eligible farmers will participate in the government's debt suspension programme, says president Chatchai Sirilai.
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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.
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Defining the goals of zero-based budgets
Business, Wichit Chantanusornsiri, Published on 07/06/2023
» Zero-based budgeting (ZBB) is one of the policies included in the 23-point memorandum of understanding signed by leaders of eight political parties seeking to form a new coalition government following the general election.
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Govt mulls ways to keep State Oil Fund from sinking
News, Wichit Chantanusornsiri, Published on 06/07/2022
» The Energy Ministry is considering ways to boost the State Oil Fund, which is more than 100 billion baht in debt, a well-placed source revealed on Tuesday.
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GIF rejigs borrowing rules for major liquidity boost
Business, Wichit Chantanusornsiri, Published on 19/05/2022
» The General Insurance Fund (GIF) has revised regulations to allow it to borrow more to increase liquidity in case the Office of the Insurance Commission (OIC) shuts down more insurance companies in the future, says permanent finance secretary Krisada Chinavicharana.
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GIF seeking loan to handle claims
Business, Wichit Chantanusornsiri, Published on 05/04/2022
» The General Insurance Fund (GIF) is seeking a loan from Government Savings Bank in order to pay Covid-19 claims to policyholders of shuttered non-life insurance companies, says a source at the Finance Ministry who requested anonymity.
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Bond issue to fund recovery
News, Wichit Chantanusornsiri, Published on 30/12/2021
» The Public Debt Management Office (PDMO) plans to sell new savings bonds totalling 30 billion baht next month, to raise funds for government policies aimed at relieving the economic and social impact of Covid-19.
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