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Tourism firms lap up GSB loan offer

Tourism firms lap up GSB loan offer 14 published : 19 Feb 2021 at 08:44 14 Several Thai tourism operators have used their land as collateral for the Government Savings Bank s (GSB) loan programme. Approved on Monday, the programme is designed to provide low-interest loans for tourism-related businesses and those designated as supply chains of the tourism sector. Of the 10-billion-baht credit line for the loan programme, businesses requested a combined sum of 5 billion yesterday, the first day for applications, said Vitai Ratanakorn, president and chief executive of GSB. This reflects considerable demand for loans among tourism business operators to beef up their financial liquidity, said Mr Vitai.

Foreign buyers take B2bn housing project fraud case to DSI

Foreign buyers take B2bn housing project fraud case to DSI 14 published : 3 Feb 2021 at 16:00 Department of Special Investigation director-general Pol Lt Col Korawat Panprapakorn. The Department of Special Investigation has been asked to investigate alleged fraud in a housing project in Phetchaburi province, with about 100 foreigners claiming damages totalling 2 billion baht. The petition was filed with the DSI on Wednesday by Srisuwan Janya, president of the Stop Global Warming Association. Mr Srisuwan was accompanied to the DSI office by a Russian man, Rusan Ataev, and a British man, Marcos Hurst, he said were among the damaged parties. He said the housing development at issue, the Phetchaburi Park Project, was built on 21 blocks of land covering 555 rai, one ngan and 49 square wah. The land title deeds were in the form of

Thanathorn s mum faces land charges

Thanathorn s mum faces land charges 82 published : 31 Dec 2020 at 05:21 82 Somporn Juangroongruangkit, centre, helps campaign for the Future Forward Party in Bangkok in 2018. (File photo) The Royal Forest Department on Wednesday filed charges against the mother of Thanathorn Juangroongruangkit who was leader of the Future Forward Party until it was dissolved for unlawfully owning at least 77 plots of forest land in Ratchaburi including 450 rai in reserved forests. Department chief Adisorn Noochdumrong pressed charges against Somporn Juangroongruangkit with the Natural Resources and Environmental Crime Division (NRECD) on Wednesday. Mr Adisorn said the department found Ms Somporn unlawfully owned plots of forest land as accused by Pareena Kraikupt, the Palang Pracharath Party (PPRP) MP for Ratchaburi and local people who had applied for community forest land rights documents.

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