Showing 1-10 of 39 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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Another payment stream for retirees
Business, Wichit Chantanusornsiri, Published on 30/10/2023
» The global population has increased rapidly in the last 30 years, while two-thirds of people older than age 60 are in developing countries, especially in Asia.
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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.
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Ministry clarifies farmer loan programme
Business, Wichit Chantanusornsiri, Published on 28/09/2023
» Farmers who have non-performing loans (NPLs) at the Bank for Agriculture and Agricultural Cooperatives (BAAC) can enter the debt suspension programme without going through debt restructuring to return to good debtor status, says secretary to the finance minister Paopoom Rojanasakul.
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Incentives for farmers forgoing debt scheme
Business, Wichit Chantanusornsiri, Published on 25/09/2023
» The Finance Ministry is planning to offer incentives to farmers choosing not to enter the debt suspension programme aimed at reducing the government's fiscal burden, according to a ministry source who requested anonymity.
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Segment of SMEs to receive debt relief
Business, Wichit Chantanusornsiri, Published on 20/09/2023
» The Finance Ministry plans to suspend debt payments for one year for small and medium-sized enterprises (SMEs) categorised as Bank of Thailand account status code 21, says Deputy Finance Minister Julapun Amornvivat.
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SMEs facing ‘unusual’ trouble to get debt relief
Wichit Chantanusornsiri, Published on 19/09/2023
» The Ministry of Finance plans to suspend debt payments for one year for certain small and medium-sized enterprises (SMEs) that faced unusual circumstances because of the pandemic.
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Debt relief likely ahead for farmers
Business, Wichit Chantanusornsiri, Published on 11/09/2023
» The Finance Ministry plans to roll out rescue measures by suspending debt payments for a period of three years for small-scale farmers and small and medium-sized enterprises (SMEs) for loan amounts not exceeding 1 million baht, according to a ministry source who requested anonymity.
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Feathering the nest egg
Business, Wichit Chantanusornsiri, Published on 14/03/2022
» The Fiscal Policy Office (FPO) will continue to push for a national pension fund law to ensure employees in the formal system have sufficient savings for retirement, says director-general Pornchai Thiraveja.
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GH Bank to extend aid measures to next year
Business, Wichit Chantanusornsiri, Published on 24/11/2021
» Government Housing Bank (GH Bank) plans to continue to provide assistance measures to its pandemic-hit customers next year under the guidelines of the Bank of Thailand (BoT), said senior executive vice-president Pongsak Kumnuansiri.
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