Government Housing Bank’s special loans fully subscribed in 36 seconds

The Government Housing Bank’s (GHB) special low interest housing loans, worth 450 million baht in total, were fully subscribed in just 36 seconds, according to the state-run bank. The special…

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Education ministry takes steps to address teacher debt problem

The Ministry of Education has been working with teacher’s savings cooperatives and other officials across the country to resolve hefty debts, totalling about 1.4 trillion baht, incurred by about 900,000…

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Thai cabinet approves ฿20bn loan to reduce diesel prices

Thailand’s cabinet today (Tuesday) approved a 20 billion baht loan, from the State Oil Fund, to maintain diesel prices at no more than 30 baht per litre for 4 months….

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Thai Airways hopes to return to operational profit in two years

Struggling national flag carrier Thai Airways International expects to make a profit in 2024 if the government’s policy of reopening Thailand to foreign arrivals proceeds smoothly, said Piyasvasti Amranand, chairman…

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File photo

Thai Airways seeks new capital to resume operations after rehabilitation plan approval

Financially-strapped Thai Airways International (THAI) is seeking 50 billion Baht worth of capital from both the government and private financial institutions to boost its liquidity, so the struggling airline will…

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Anudith Nakornthap / Photo from Pheu Thai Party’s Facebook

Opposition wants more time to debate 1.9 trillion baht loan decrees

The Opposition has voiced objection to the duration of the three-day parliamentary debate on the Government’s three executive decrees, to seek 1.9 trillion baht in loans, claiming that they need…

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Courtesy: NBT

Thai cabinet announces 1.6 trillion baht third economic stimulus package

Thailand’s cabinet has approved a third economic package, estimated to cost about 10% of the country’s GDP, or 1.6 trillion baht, to help those who did not benefit from the…

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