The government's financial aid scheme Rao Chana (We Win), which was supposed to provide 7,000 baht in subsidies to pandemic-stricken citizens, has come under criticism for being inaccessible to the neediest and for not providing a cash handout.
Commercial banks' bad loans might rise further but lenders should be able to manage them, a senior bank of Thailand (BoT) said on Monday, as the economy deals with the impacts of the recent coronavirus outbreak.
State agencies that fail to disburse the budget allocated under the 400-billion-baht social and economic rehabilitation scheme by March are required to transfer the remainder back to the government so the funds can be used for other projects deemed more important and urgent.
Europe weakness hits sentiment, Asian trade mixed
published : 20 Feb 2021 at 04:00
Recap: Global shares struggled to avoid losses for a fourth consecutive day following weakening business activity in the euro zone, while German and British 10-year bond yields touched multi-month highs. Asian markets were mixed amid fear of inflation spurred by the economic recovery.
The SET index moved in a range of 1,493.52 and 1,531.29 points this week before closing yesterday at 1,500.51 points, down 0.52% from the previous week, in daily turnover averaging 95.83 billion baht.
Retail investors were net buyers of 9.81 billion baht this week and brokers purchased 947.84 million baht. Institutional investors were net sellers of 8.22 billion baht and foreign investors offload 2.54 billion baht worth of shares.
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