Published: Aug 04, 2021
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has urged the government to lift the public debt ceiling from 60 per cent of GDP to 65-70 per cent in order to expand Covid-19 recovery measures.
Published: Nov 03, 2020
The Cabinet approved raising the ceiling for government soft loans from Bt20 million to Bt100 million. The Government Savings Bank (GSB) will apply annual interest of 0.01 per cent to banks who offer the loans to tourism businesses. The two-year loans are being offered by commercial banks at annual interest of 2 per cent.
Published: Oct 29, 2020
Many more small and medium-sized enterprises (SMEs) will be able to access the Bank of Thailand (BOT)’s soft loan scheme after the Thai Credit Guarantee Corporation (TCG) agreed to provide loan guarantees, said BOT assistant governor Jaturong Jantarangs on Thursday.
Published: Jul 05, 2019
The Bank for Agriculture and Agricultural Cooperatives (BAAC) will provide soft loans worth Bt6 billion over the next three years for farmers to buy sugar cane harvesting machines to prevent pre-harvest burning of their plantations, a deputy BAAC general manager said.