Showing 1-10 of 88 results
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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.
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Srettha eager to be pitchman to woo investors
Business, Wichit Chantanusornsiri, Published on 05/10/2023
» Prime Minister Srettha Thavisin insists he will take on the role of a salesman to attract foreign investors to Thailand.
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Bid to stop debt turning sour
Business, Wichit Chantanusornsiri, Published on 01/08/2023
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has revealed it has around 300 billion baht in debt which requires close monitoring in order to prevent bad debt, said president Chatchai Sirilai.
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Arkhom expects selective stimulus
Business, Wichit Chantanusornsiri, Published on 20/10/2022
» The projected year-end stimulus packages will not be blanket schemes, but rather will focus on targeted groups, says Finance Minister Arkhom Termpittayapaisith.
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BAAC cites pandemic as NPLs reach 6.6%
Business, Wichit Chantanusornsiri, Published on 07/04/2022
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) saw a surge in non-performing loans (NPLs) to almost 7% in its last accounting year as a result of the pandemic and natural disasters, says bank president Tanaratt Ngamvalairatt.
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Ministry preps B200bn for new relief measure
Business, Wichit Chantanusornsiri, Published on 12/01/2021
» The Finance Ministry is preparing to inject financial aid worth around 200 billion baht to combat deteriorating economic conditions during the prolonged Covid-19 crisis.
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BAAC aims for coverage of 45.7m rai
Business, Wichit Chantanusornsiri, Published on 29/04/2020
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) aims for up to 45.7 million rai of rice farmland to be covered by crop insurance for the 2020 season, a high-ranking BAAC official says.
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GSB: Startups continue bleeding confidence in Q3
Business, Wichit Chantanusornsiri, Published on 10/12/2019
» Startup entrepreneurs' confidence has continued to fall, dipping to 51.85 for the third quarter because of the faltering economy, cautious consumer spending and intensified competition, according to a Government Savings Bank (GSB) survey.
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Two top-up machines to receive BAAC deposits
Business, Wichit Chantanusornsiri, Published on 18/09/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has appointed two top-up machine operators -- Forth Smart Service (FSMART) and Sabuy Technology -- as banking agents to receive deposits and distribute Kaset Yung Yeen savings certificates.
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BAAC sees weak demand from farmers
Business, Wichit Chantanusornsiri, Published on 03/09/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is facing tepid loan demand, with a meagre 4.17 billion baht in loans extended for the three months through June.
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