Post by account_disabled on Dec 27, 2023 9:21:00 GMT
Mr. Kananat Muennu, spokesman for the Ministry of Tourism and Sports. Revealed that due to the COVID-19 outbreak situation, it has had a huge impact on tourism-related businesses. from the cancellation of the reservation Entrepreneurs have to bear a heavy burden. Because there is no income coming in but there are regular expenses. Both employee wages and business loan debt It may lead to the need for operators to give employees unpaid breaks, layoffs, and eventually liquidate the business. If the situation is dire for a long time, on February 4, 2020, the Cabinet resolved to approve monetary and fiscal measures to alleviate the impact on the business sector in 2020 proposed by the Ministry of Finance, consisting of: Financial measures 1) Credit measures 1.1) Pracharath Sang Thai SME Loan Project of Government Savings Bank The remaining credit line is 40,000 million baht, with an interest rate of 4 percent per year in the first 2 years. The maximum loan period is 7 years, with the schedule to pay the loan guarantee fee on behalf of small and medium enterprises (SMEs) for a period of 4 years. 1.2) Loan project to enhance the community economy (Local Economy Loan) of the Small and Medium Enterprise Development Bank of Thailand (SME), remaining credit line 15,000 million baht, interest rate starting at 3 percent per year over 3 years. First, the credit limit per individual is not more than 5 million baht.
The maximum loan period is not more than 7 years (the maximum principal repayment grace period is not more than 1 year). 1.3) Krungthai SME Loan Project of Krungthai Bank Public Company Limited (Krungthai Bank), remaining credit line 55,000 million baht, interest rate starting at 4 percent per year, maximum credit limit per customer 3 times the collateral. The maximum loan term is not more than 7 years, with the schedule to pay the loan guarantee fee on behalf of SMEs for a period of 4 years. 1.4) Transformation Loan project to strengthen (Soft Loan to modify machinery, Phase 2) of Government Savings Bank. The remaining credit limit is 15,000 million baht, with the Government Savings Bank charging interest to commercial banks and specialized WhatsApp Number List financial institutions participating in the project at the rate of 0.1 percent per year, and commercial banks and specialized financial institutions participating in the project charging interest to SMEs at the rate of 4 percent per year, maximum credit limit per person. 50 million baht, maximum loan period of 7 years (maximum principal repayment grace period of not more than 1 year) 2) Measures to extend the time for repaying debts and fees 2.1) Government Savings Bank has measures to extend the repayment period to 2 times the remaining period according to the contract. Maximum period not exceeding 5 years for debtors who are tour operators. 2.2) SME Bank has a measure to suspend principal repayment for long-term loans with a remaining credit line of not more than 5 million baht for a period of 6 months. They must have a good history of repayment for at least 6 months before.
the date of joining the project and must Do not have debt that does not generate income. (Non-performing Loan : NPL) for SMEs affected by the economic situation. and has been affected by the spread of the Covid-19 virus. 2.3) The Bank for Agriculture and Agricultural Cooperatives (BAAC) has measures to allow debt repayment installments for no more than 12 months at a time, for no more than 5 consecutive times, or you can request debt restructuring and extend the debt repayment period for no more than 5 consecutive months. 20 years for farmers, entrepreneurs, community enterprises, farmer groups, agricultural cooperatives or a village fund that is having problems operating a business and has insufficient liquidity or have operating results at a loss 2.4) Government Housing Bank There are measures to reduce interest rates on loans and installment payments for no more than 6 months, with an interest rate of 0.01 percent per year for customers affected by the spread of the COVID-19 virus, such as tour guides and hotel employees. Small entrepreneurs selling products in tourist attractions, etc. 2.5) The Small Business Credit Guarantee Corporation (TCG) has measures to suspend the payment of loan guarantee fees for 12 months for existing SMEs customers of TCG. For affected businesses include travel service businesses, restaurants, and hotel accommodations. Tax measures 1) Extension of the deadline for filing returns and paying taxes for persons liable to pay personal.
The maximum loan period is not more than 7 years (the maximum principal repayment grace period is not more than 1 year). 1.3) Krungthai SME Loan Project of Krungthai Bank Public Company Limited (Krungthai Bank), remaining credit line 55,000 million baht, interest rate starting at 4 percent per year, maximum credit limit per customer 3 times the collateral. The maximum loan term is not more than 7 years, with the schedule to pay the loan guarantee fee on behalf of SMEs for a period of 4 years. 1.4) Transformation Loan project to strengthen (Soft Loan to modify machinery, Phase 2) of Government Savings Bank. The remaining credit limit is 15,000 million baht, with the Government Savings Bank charging interest to commercial banks and specialized WhatsApp Number List financial institutions participating in the project at the rate of 0.1 percent per year, and commercial banks and specialized financial institutions participating in the project charging interest to SMEs at the rate of 4 percent per year, maximum credit limit per person. 50 million baht, maximum loan period of 7 years (maximum principal repayment grace period of not more than 1 year) 2) Measures to extend the time for repaying debts and fees 2.1) Government Savings Bank has measures to extend the repayment period to 2 times the remaining period according to the contract. Maximum period not exceeding 5 years for debtors who are tour operators. 2.2) SME Bank has a measure to suspend principal repayment for long-term loans with a remaining credit line of not more than 5 million baht for a period of 6 months. They must have a good history of repayment for at least 6 months before.
the date of joining the project and must Do not have debt that does not generate income. (Non-performing Loan : NPL) for SMEs affected by the economic situation. and has been affected by the spread of the Covid-19 virus. 2.3) The Bank for Agriculture and Agricultural Cooperatives (BAAC) has measures to allow debt repayment installments for no more than 12 months at a time, for no more than 5 consecutive times, or you can request debt restructuring and extend the debt repayment period for no more than 5 consecutive months. 20 years for farmers, entrepreneurs, community enterprises, farmer groups, agricultural cooperatives or a village fund that is having problems operating a business and has insufficient liquidity or have operating results at a loss 2.4) Government Housing Bank There are measures to reduce interest rates on loans and installment payments for no more than 6 months, with an interest rate of 0.01 percent per year for customers affected by the spread of the COVID-19 virus, such as tour guides and hotel employees. Small entrepreneurs selling products in tourist attractions, etc. 2.5) The Small Business Credit Guarantee Corporation (TCG) has measures to suspend the payment of loan guarantee fees for 12 months for existing SMEs customers of TCG. For affected businesses include travel service businesses, restaurants, and hotel accommodations. Tax measures 1) Extension of the deadline for filing returns and paying taxes for persons liable to pay personal.