News

BoT and Ministry look to tweaking soft loans for SME aid

The Finance Ministry and the Bank of Thailand are set to discuss amending the soft loan royal decree soon in a bid to provide greater financial relief coverage for small and medium-sized enterprises (SMEs).The idea of amending this royal decree stems from the intent of ...

Wichit Chantanusornsiri

Govt plans B100bn soft loans to help tourism, services

The government plans 100 billion baht of new soft loans to help small-and medium-sized enterprises (SMEs) in the tourist and services sector hit by the coronavirus pandemic, the finance minister said on Monday.The loans will offer more relaxed conditions than the central bank’s 500-billion baht ...

Govt plans B50bn fund for small firms hit by pandemic

The government will seek cabinet approval next week for a 50 billion baht fund to help small businesses affected by the coronavirus outbreak, Somkid Jatusripitak said on Monday.The fund will provide soft loans to those firms that have no access to funding, the deputy prime ...

Central bank tweaks B500bn soft loan scheme for SMEs

The Bank of Thailand is fine-tuning the process of offering 500 billion baht in soft loans with an aim to provide virus-hit small and medium-sized enterprises (SMEs) with better access.The central bank has talked with banks about tweaking the scrutiny process to give SMEs easier ...

Somruedi Banchongduang

Finance Ministry readies phase 3 of virus welfare

The Finance Ministry is preparing the third phase of the government’s Covid-19 relief package to support people, small-and-medium enterprises and financial institutions as the country grapples with the virus crisis.Finance Minister Uttama Savanayana said on Monday the third-phase package will be larger than the first- ...

Wichit Chantanusornsiri

Finance Ministry earmarks B100bn for tourism

The Finance Ministry is preparing to offer 100 billion baht in soft loans as a lifeline to coronavirus-ravaged tourism operators as part of new relief measures that will seek the cabinet’s approval by early March.The soft loans, sponsored by the Government Savings Bank (GSB), will ...

Wichit Chantanusornsiri

Japanese backing pledged for EEC

The Japan Bank for International Co-operation (JBIC) has promised to provide soft loans to investors setting up businesses in the Eastern Economic Corridor (EEC) and is ready to back investment in a high-speed link between three airports that underpins the flagship economic zone.Keep reading ...

Wichit Chaitrong

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