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BANGKOK, 18 September 2015 (NNT) – Thai banks and financial institutions are set to provide low-interest soft loans for SME entrepreneurs with a budget of 100 billion baht. The President and CEO of the Government Savings Bank (GSB) Chatchai Payuhanaveechai has said that 19 banks and financial institutes in Thailand will
Read More A recent study has found that more than 90 per cent of Thai labourers are heavily in debt, with some having to borrow just to pay for day-to-day living. The survey was conducted by the University of the Thai Chamber of Commerce between the 17th and 21st April. 1,200 labourers were
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PHUKET: Police are still not sure whether missing Russian expat Alexei Slabinskiy is still alive, but more details of the nightmare emerged this morning (March 21) at a meeting at Kamala police station. Pol Maj Gen Witsanu Muangpraesri, Deputy Commissioner of Police Region 8, chaired the meeting, which heard that Mr
Read More BANGKOK, 21 January 2014 (NNT) - The Election Commission (EC) has announced that it has no power to consider changes made to the rice support program's finances, saying it is the responsibility of the government to decide on the matter. EC Secretary-General Phuchong Nutrawong said the EC meeting on Tuesday agreed
Read More The DSI and Pattaya police worked together to arrest a 25 year-old Russian male. He reportedly lent out money to Thai people at extremely high interest rates. Read more: pattayadailynews.com
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SONGKHLA, 20 May 2013 (NNT) - Hat Yai police have arrested 16 members of the "V8 Gang", which allegedly lends people money with extremely high interest rates. Victims and witnesses are being sought in a bid to acquire more information on the gang. Authorities from the Songkhla Provincial Police and the
Read More A 68-year-old Sri Racha resident stabbed a loan collector repeatedly in a rage, after the collector made threats about repaying an illegal loan that the resident said he did not make. Police arrested the assailant and are waiting to question the stabbing victim recovering in the hospital. Read more: Pattayadailynews.com
Read More The Supreme Court's Criminal Division for Holders of Political Positions on Wednesday accepted a state bank loan case involving ousted prime minister Thaksin Shinawatra and 26 others for alleged malfeasance. Thaksin and 26 accomplices have been accused of collaborating with state-owned Krung Thai Bank’s executives to approve a Bt9.9 billion loan
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