Six state banks announce lending rate cut

Responding to the Thai Bankers Association’s announcement yesterday, of a cut in the minimum retail rate (MRR) for creditworthy customers of 0.25% for six months, six state banks announced today…

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Easy loans for teachers more a bane than blessing?

Hundreds of thousands of teachers in Thailand, both working and retired, are suffering under severe debt. At the last count, some 900,000 teachers had incurred a total of 1.4 trillion…

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Thai cabinet endorses third phase of “One Million Home” project

The Thai cabinet approved the third phase of the Government Housing Bank’s (GHB) “One Million Home” project today (Tuesday), estimated to be worth about 20 billion baht. According to Finance…

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