Exim urges exporters to adapt strategies
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To ensure sustainable growth, Thai exporters need to adapt amid the current disruptions
published : 14 Jul 2021 at 08:11 Rak Vorrakitpokatorn, the new president at Export-Import (Exim) Bank of Thailand.
Digital disruption and the pandemic have served as a wake-up call to Thai exporters to change their business strategies to ensure sustainable growth in the global market, says Rak Vorrakitpokatorn, the new president at Export-Import Bank of Thailand (Exim Bank).
Thailand s exports contracted 6% last year, mostly attributed to the impact of the pandemic. The sector has a significantly better outlook this year, though, based on the recovering global economy.
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Commerce Ministry unveils new loan matching scheme
published : 8 Jul 2021 at 04:00 Commerce Minister Jurin Laksanawisit, centre, attends a press event to promote access to loans to help SMEs and micro SMEs have more liquidity for exports.
The Commerce Ministry yesterday launched a loan matching scheme for export-orientated small and medium-sized enterprises (SMEs) which are facing tight liquidity because of the Covid-19 pandemic.
Speaking after presiding over the launch, Commerce Minister Jurin Laksanawisit said the scheme, in which the Commerce Ministry has teamed up with the Export-Import Bank of Thailand (Exim Bank) and Thai Credit Guarantee Corporation (TCG), will help enable small-scale exporters to access soft loans and increase their income from exports.
Airlines seek meeting with Prayut
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published : 13 May 2021 at 07:08
2 A view inside Suvarnabhumi airport at 5pm on Monday. The number of travellers has fallen by half since the virus outbreak. (Photo by Wichan Charoenkiatpakul)
Seven airlines are seeking to meet Prime Minister Prayut Chan-o-cha to ask about the government s stand on their request for long-awaited soft loans.
The Thai Airlines Association said on Wednesday it would like to discuss with Gen Prayut any progress on the proposal, which if granted, would throw domestic carriers their much-needed financial lifeline.
Seven local airlines Thai AirAsia and Thai AirAsia X, Bangkok Airways, Nok Air, Thai Smile Airways, Thai Lion Air and Thai Vietjet Air have sought 14 billion baht in soft loans to sustain their operations. Even that sum was a substantial reduction on the 24 billion baht they requested last year.
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