Teachers threatening to stop repaying loans from the Government Savings Bank are risking bankruptcy and disqualification from government service, deputy justice permanent secretary Tawatchai Thaikyo warned on Tuesday.
He was responding to the announcement by leaders of a network of professional teachers’ organisations meeting in Maha Sarakham on Saturday that their 450,000 members would stop paying off debts to the state-owned bank next month in protest at increasing interest rates.
Full story: Bangkok Post
The main purpose of Thailand News is to offer our readers all news from the most popular and trusted newspapers in Thailand & Asia in one place.
Get breaking news and the latest news headlines from Bangkok, Phuket, Pattaya, Chiang Mai, Northern Thailand, Isan, the insurgency-plagued South and Asia.