By Reuters and published by CNA THE cabinet today (August 16) approved a law to guarantee up to 150 billion baht in loans for the state oil fund to support energy prices as the government fights inflation, according to a government source and local media reports. The measure still has to be examined by
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Brutal debt collectors slash man’s head over small loan
A MAN who borrowed 5,000 baht from a loan shark for a female friend who had to repay it with 20 percent interest at 250 baht a day for 24 days was slashed on his head twice by debt collectors after she missed two instalments, TV Channel 7 said today (Mar. 13) The unidentified
Read moreWisanu warns of House dissolution if emergency loan not approved
DEPUTY Prime Minister Wisanu Krua-ngam today (May 27) said the dissolution of the House of Representatives is a viable option if the additional 500 billion baht loan to tackle the spread of Covid-19 and solve economic and social issues is not approved by majority of the MPs, Sanook.com said this afternoon. In answering reporters’ questions
Read moreNew emergency loan to tackle new wave, maintain country’s fluidity
THE government has detailed that the new set of emergency loans will help Thailand maintain its financial fluidity in dealing with the unstable Covid-19 situation, while upholding the national and general public’s interests, NNT said today (May 25). The government passed a new Emergency Decree permitting the Ministry of Finance to seek an additional 500
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