"loan"

The Bank of Thailand (BOT) is testing three peer-to-peer (P2P) lending platforms under its regulatory sandbox and believes they should go into operation in the beginning of 2022.

Government Savings Bank (GSB) is offering emergency loans for people hit by flooding from storm Dianmu.

The Foundation for Consumers on Monday urged the National Broadcasting and Telecommunications Commission (NBTC) to check and punish telecommunication companies that allow online gambling and loan websites to lure consumers to use their service.

The State Fiscal Policy Committee on Monday approved raising Thailand’s public debt ceiling from 60 per cent to 70 per cent of GDP.

The first three days of registrations saw 34,926 people apply for Government Housing Bank (GHB) low-interest loans under phase 2 of the “1 Million Houses” programme, said GHB president Chatchai Sirilai on Monday.

Pico finance operators have given out 553,974 loans totalling THB12.69 billion, or an average of THB22,921 per account, the Fiscal Policy Office (FPO) reported on Tuesday.

More people are offering large trees as collateral for loans, as encouraged by a 2018 goverment regulation, Mallika Boonmeetrakul Mahasuk, adviser to the Minister of Commerce, said.

The Bank of Thailand said THB66.898 billion had been disbursed under the latest loan rehabilitation project, as of July 5, with approvals given to 21,929 people who received assistance, with a limit of THB3.1 million per person.

The Cabinet has earmarked 2 billion baht to help restaurants affected by regulations restricting patrons from dining on the premises.

Prime Minister Prayut Chan-o-cha will hold talks with the Thai Chamber of Commerce on Wednesday (June 23) in a bid to boost liquidity for SMEs struggling to stay afloat during the pandemic.

In a bid to boost the liquidity of small food businesses suffering from the Covid-19 fallout, five financial institutions are offering loans to operators that have registered with the Department of Business Development.

The Thai Chamber of Commerce (TCC) said it had discussed its “Connect the Dots” plan to revitalise the economy in 99 days with Energy Minister and Deputy PM Supattanapong Punmeechaow and come up with three strategies to boost business.