$8 bn loan for Thai businesses
October 25th, 2011 - 11:55 pm ICT by IANSBangkok, Oct 25 (IANS) The Thai government Tuesday approved a 250 billion baht ($8 billion) loan for the country’s business sector, battered by floods, Xinhua reported.
Industry Minister Wannarat Charnnukul said that the proposal was decided in a cabinet meeting. Of the total amount, 210 billion baht ($6.8 billion) will go to small and medium enterprises, he said.
Thousands of people have been affected in Thailand’s worst floods in decades.
- Thailand approves $648.5 million post-flood budget - Dec 08, 2011
- Bangkok floods inevitable, Thai PM says - Oct 21, 2011
- Thai PM invokes natural disaster law - Oct 22, 2011
- Flood may cost Thai economy nearly $2 bn - Oct 10, 2011
- Thai computer hard drive industry hit by floods - Nov 22, 2011
- Thai flood worst in decades, says PM; toll 252 - Oct 07, 2011
- Warming threatens Southeast Asia's cassava industry - Apr 15, 2012
- Report: Thai floods to downgrade country's economic growth by 1.2 percent - Nov 26, 2011
- Sri Lanka donates flood relief to Thailand - Nov 23, 2011
- Trade accord with India by mid-year, says Thai minister (Interview) - Jan 26, 2012
- Thai parliament passes budget bill in wake of turmoil - May 28, 2010
- Five-day holiday as Bangkok residents flee floods - Oct 27, 2011
- Thai PM hospitalised - Nov 29, 2011
- Hundreds of stranded tourists rescued in flood-hit Thailand - Apr 01, 2011
- Thailand's flood death toll rises to 112 - Sep 19, 2011
Tags: bangkok, business sector, cabinet meeting, decades, industry minister, proposal, small and medium enterprises, thai government, Thailand, worst floods, xinhua