Krung Thai and Government Savings banks offer ฿5Bn loan to Oil Fuel Fund

Two state-run banks, Krung Thai and Government Savings, have offered to extend loans, amounting to 5 billion baht, to the debt-ridden Oil Fuel Fund, to ease its current liquidity problems….

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Thailand’s teachers accumulate combined debts of ฿1.4 trillion

Over 900,000 teachers, or 80% of all teachers in Thailand, owe a combined total of about 1.4 trillion baht, with teacher savings cooperatives being the biggest creditors, accounting for 890…

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Thailand’s Finance Ministry to roll out ฿114 billion in soft loans to assist SMEs

The Cabinet approved the Finance Ministry’s proposal today to roll out about 114 billion baht in soft loans and credit guarantees, to help small and medium-sized enterprises (SMEs), as well…

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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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