SMEs extended tax loan guarantees

The government yesterday approved the Small Business Credit Guarantee Corporation (SBCG) to provide loan guarantees for small and medium-sized enterprises for tax payments.

THB5billion approved to help exporters

The Council of Economic Ministers agreed to inject an additional budget of THB5bn to the Export-Import Bank of Thailand to reduce risks and extend insurance of exporters

Thailand to borrow EUR6bn to boost economy

The Thai Finance Minister has announced that he will seek Cabinet approval for a plan to borrow €6bn from domestic and international lending agencies in an attempt to stimulate the Thai economy

60bn liquidity boost for SMEs

Prime Minister Abhisit Vejjajiva has instructed the Finance Ministry to seek THB60bn (EUR132m) of loans to boost financial liquidity for small and medium-sized enterprises

Kbank to focus on SME lending

Kasikornbank plans to shift its focus toward SMEs due to lower overall risk, according to executive vice-president Pakorn Partanapat