Showing 1-10 of 22 results
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Asset firm proposed for bad debt
Business, Wichit Chantanusornsiri, Published on 21/10/2023
» Deputy Finance Minister Krisada Chinavicharana has proposed a response to high levels of household debt: establishing an asset management company (AMC) for efficient management of bad debt.
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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.
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Student fund extends loan lifespan
Business, Wichit Chantanusornsiri, Published on 23/07/2021
» The Finance Ministry's Student Loans Fund has offered a relief measure to borrowers, extending the debt repayment period to up to 30 years from the current 15 years to ease their burden during the prolonged pandemic, says fund manager Chainarong Kajchapanan.
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Second co-payment phase shaping up
Business, Wichit Chantanusornsiri, Published on 24/11/2020
» The second phase of the co-payment scheme, where the government subsidises 50% of food and goods purchased at small shops, will cover as many people as possible, says a senior Finance Ministry official.
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Public debt seen hitting 57% of GDP
Business, Wichit Chantanusornsiri, Published on 03/10/2020
» The ratio of public debt to GDP in the next five years should not exceed the 60% ceiling even if taking into account the 1-trillion-baht loan decree, though the estimate excludes the probability of additional loans, says a senior finance official.
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Fiscal 2021 disbursement faces one-month delay
Business, Wichit Chantanusornsiri, Published on 16/09/2020
» Disbursement of fiscal 2021 budget is expected to be deferred by only a month and will not affect public investment, says finance permanent secretary Prasong Poontaneat.
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SME soft loan conditions may be relaxed for better access
Business, Wichit Chantanusornsiri, Published on 18/08/2020
» The new economic team is preparing to amend the soft loan conditions for small and medium-sized enterprises (SMEs) to enable greater loan access and sustain jobs.
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GSB readies B100bn for small firms
Business, Wichit Chantanusornsiri, Published on 14/07/2020
» State-run Government Savings Bank (GSB) is prepared to offer a fresh batch of soft loans worth 100 billion baht to help virus-ravaged small business operators in the tourism and service sectors keep their employees on payroll.
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Recovery stimulus coming together
Business, Wichit Chantanusornsiri, Published on 02/06/2020
» The Finance Ministry is gearing up to launch both financial and non-financial measures aimed at revitalising the economy once the pandemic is under control.
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Agency raises tax issue
Business, Wichit Chantanusornsiri, Published on 11/06/2019
» The Revenue Department is calling on the new government to seek measures to compensate foregone tax revenue if populist campaign promises of lower taxes are realised.
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