
Those whose houses have been damaged can ask for loans with an interest rate of only 2 per cent per annum for five years but they have to provide collateral, said Woravit Chailimpamontri, president of the bank. Each borrower can get a loan of as much as 100 per cent of the appraisal price, but not more than Bt1 million, he said. Low-interest mortgages and other products would be also offered, he said.
MoU on telecoms
The Information and Communications Technology Ministry and the National Broadcasting and Telecommunications Commission yesterday signed a memorandum of understanding to pave way for their future collaboration in telecom sector development and to fund broadband Internet service for public to serve government policy.
Meanwhile, ICT Minister Anudith Nakornthap has confirmed that the ministry will launch free Wi-Fi service in 20,000 spots nationwide as part of government policy. It is expected to be officially launched in the new year.
He added that the service had already been launched on a trial basis in 14 provinces.