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‘Illegal loans void, do not repay them’: Cambodian Minister
FRIDAY, FEBRUARY 14, 2025
Minister of Interior Sar Sokha has instructed all interior ministry officials, as well as grassroots officials, to refrain from interfering with staff transfers. He also suggested that citizens stop repaying loans from illegal online lenders.
Cambodia rejects Reuters claim that Chinese loans ‘frozen’
MONDAY, DECEMBER 16, 2024
Days after a Reuters report suggested that China, as Cambodia’s “top creditor”, had stopped providing loans to the Kingdom, a senior official from the Ministry of Economy and Finance dismissed the claims as “misleading and ridiculous”.
No quick loans on offer, online ad is a scam, says GSB
FRIDAY, NOVEMBER 29, 2024
Online advertisement promising quick loans with just the use of the applicant’s national ID an outright fake even though it has GSB’s official logo, say authorities
Stricter loans, rising debts drive Thai vehicle sales to historic low
FRIDAY, NOVEMBER 29, 2024
Though Thailand’s auto market is dropping, industry leaders are hopeful that government measures and growing interest in hybrid vehicles will bolster sales
Cabinet to mull huge property stimulus package
MONDAY, NOVEMBER 04, 2024
Measures include low interest loans and easing borrowing rules for homebuyers
Finance Ministry eyes new projects to stimulate property market
THURSDAY, OCTOBER 17, 2024
Ministry eyes 55 billion baht to fund special loans for low-income persons wanting to buy or build new homes, or repair their existing property
Finance Ministry restructuring credit guarantee to help SMEs access loans
SATURDAY, JUNE 22, 2024
The Ministry of Finance would propose the establishment of a new public organisation aimed at restructuring financial support for credit guarantees with the objective of facilitating greater access to loans for small and medium-sized enterprises (SMEs), Deputy Minister of Finance Phaophum Rojanasakul said.
865 billion baht loan needed to stimulate economic growth
THURSDAY, JUNE 20, 2024
Finance Minister makes the case for increased borrowing in fiscal 2025 but assures House of Representatives fiscal discipline will be maintained
Govt looks at cutting duration of credit blacklist
THURSDAY, MAY 30, 2024
Shortening the credit blacklist will help people settle their debts sooner and apply for new legal loans
Govt lowers interest to help millions repay their student loans
SATURDAY, MARCH 30, 2024
The government has been rolling out measures to solve the debt problem of the Student Loan Fund (SLF), including reducing the interest rate and the fine for defaulting to help 3.5 million borrowers pay back their loans, government spokesperson Chai Wacharonke said on Saturday.
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