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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Industrial sector confidence index for June lowest in 12 months

The industrial confidence index for June has fallen again for the third consecutive month, to the lowest point of 80.7 in 12 months and from 82.3 in May, according to…

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Banks told by central bank to extend debt repayment for SMEs until year end

The Bank of Thailand has instructed commercial banks to extend, until the end of the year, debt repayment periods for small and medium-sized enterprises, to help them cope with the…

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A policeman on motorcycle patrols along closed entertainment and tourist businesses in Bangkok on April 8, 2021 while Thailand remains closed to international tourists due to the Covid-19 coronavirus for over a year. (Photo by Mladen ANTONOV / AFP)

About 20,000 SMEs close in first quarter of this year due to COVID-19

About 20,000 small and medium sized enterprises (SMEs), mostly in the tourism sector, closed down during the first quarter of this year, due to the impacts of the COVID-19 pandemic….

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Thailand Tourism
This photograph taken on December 19, 2020 shows longtail boats moored at a beach on Koh Lipe island in the Andaman Sea. (Photo by Mladen ANTONOV / AFP)

Thailand’s GSB to extend low-interest loans to help tourism-related SMEs

The state-owned Government Savings Bank (GSB) has set aside a 10 billion baht fund for lending to small and medium-sized entrepreneurs engaged in tourism and tourism-related businesses, to help them…

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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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Thai PM assures MPs of clear guidelines on how to spend one trillion baht loan

Thailand’s Prime Minister Prayut Chan-o-cha today (Thursday) assured members of parliament that the Government has put in place clear guidelines, in accordance with budgeting law, on how to make use…

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Cr.@prayutofficial

PM reaches out to Thailand’s 20 richest people for help

Thailand’s Prime Minister Prayut Chan-o-cha has appealed to Thailand’s 20 richest people for help by asking them to join the Government in steering the country through the crisis caused by…

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Thai government warned 10 million may lose their jobs in next three months

As many as ten million workers in Thailand may lose their jobs in the next three months, if the COVID-19 pandemic drags on and if the Government does not provide…

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