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Search Result for “drought”

Showing 41 - 50 of 92

BUSINESS

GSB loan scheme to aid working poor

Business, Wichit Chantanusornsiri, Published on 21/06/2016

» The Government Savings Bank (GSB) is set to offer up to 5 billion baht in loans to help those earning 15,000 or less a month.

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OPINION

Thai governments are failing our farmers

News, Wichit Chantanusornsiri, Published on 30/06/2016

» Just like its predecessors, the Prayut Chan-o-cha government has over the past years injected large sums of cash into the rural economy, channelling a total of 143 billion baht through different forms of funds and soft loans. More recently, the cabinet on June 21 decided to revitalise the rural economy with another 45 billion baht in the form of aid schemes, subsidies and soft loans, in an attempt to assist farmers who are feeling the pinch of the worst drought in a decade and sagging prices of farm products.

BUSINESS

Grassroots people wary of economy

Business, Wichit Chantanusornsiri, Published on 19/05/2016

» Grassroots people have confidence in their spending ability but weak sentiment about income, savings, job security, debt repayment and economic conditions, according to a survey.

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BUSINESS

BAAC targets 10% loan growth in farming drive

Business, Wichit Chantanusornsiri, Published on 30/04/2016

» The state-run Bank for Agriculture and Agricultural Cooperatives (BAAC) aims for lending growth of 10% this financial year, focusing on loans to small and medium-sized enterprises (SMEs) and farmers who shift to less thirsty crops.

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BUSINESS

BAAC allows B100bn for SME loans

Business, Wichit Chantanusornsiri, Published on 24/03/2016

» The state-backed Bank for Agriculture and Agricultural Cooperatives (BAAC) aims to extend 100 billion baht in loans a year from now through 2018 to small and medium-sized farms, which it targets to account for 30% of its portfolio.

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BUSINESS

Turning crisis into opportunity

Business, Wichit Chantanusornsiri, Published on 18/04/2016

» The Central region, where vast expanses of green paddy fields normally turn golden brown for harvest in November, has long been known as the nation's breadbasket. Facing the worst drought in a decade, however, the soil is now cracked and baked under the scorching sun.

BUSINESS

More help on way for farm sector

Business, Wichit Chantanusornsiri, Published on 08/03/2016

» The government will introduce a new stimulus package aimed at spurring the grassroots economy and cushioning the impact of the drought on the farm sector.

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BUSINESS

Panel eyes binding insurance

Business, Wichit Chantanusornsiri, Published on 10/03/2016

» The government's reform steering committee on the economy has proposed a law to make crop insurance mandatory to shield farmers from the impact of natural disasters and secure their income.

BUSINESS

BAAC: Drought hits loans

Business, Wichit Chantanusornsiri, Published on 09/03/2016

» The state-controlled Bank for Agriculture and Agricultural Cooperatives (BAAC) estimates that its loans for rice cultivation in the coming financial year will be 15-20 billion baht lower than this year due to oversupply and the drought.

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BUSINESS

Stimulus stuck in slow lane

Business, Wichit Chantanusornsiri, Published on 08/02/2016

» Deputy Prime Minister Somkid Jatusripitak's appointment at the economic helm late last August was followed by rapid-fire launches of stimulus measures to revive the slowing economy.