Financial help rolled out for flood-affected customers of Thailand’s state-run banks

State-run banks have rolled out financial measures to help private individuals and businesses affected the current flooding, according to Pornchai Theeravet, director of the Finance Ministry’s Fiscal Policy Office. The…

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Thai backhoe and truck owners seek debt moratorium from Finance Ministry

Owners of six-wheel trucks and backhoe excavators are seeking help from the Finance Ministry, by negotiating with commercial banks or other financial institutes, to freeze their debt and interest payments…

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GSB to help 750,000 financially-troubled debtors with debt moratoria

Thailand’s state-owned Government Savings Bank (GSB) will help ease financial the burden for more than 750,000 mostly small debtors, through debt a moratorium scheme, said GSB Director Withai Rattanakorn today…

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Thai banks offer 2-month debt moratorium for SMEs hit by semi-lockdown

Small and medium-sized businesses in areas of Thailand under semi-lockdown and control measures will be granted a debt and interest moratorium for July and August, as part of a new…

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BAAC offers 1 year debt moratorium to 3.3 million farmers and farmer’s groups

Thailand’s state-run Bank of Agriculture and Agricultural Co-operatives (BAAC) has agreed to grant a one-year debt moratorium to 3.3 million farmers, farmer’s groups, agricultural cooperatives and village funds from April….

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Facebook photo of Uttama Savanayana

Government rolls out three new economic stimulus packages

In yet another attempt to boost the economic growth rate, from Q3’s 2.4%, the cabinet today rolled out three new stimulus packages to ease a backlog of 270,000 unsold condominium…

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Teachers demand a moratorium to their debts to GSB for six months

About 450,000 teachers who are members of the funeral welfare fund for teachers have vowed to stop reimbursing the Government Savings Bank for debts they owe to the bank starting…

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