snoop1130 Posted December 19, 2022 Share Posted December 19, 2022 BANGKOK (NNT) - Debt has become a major problem for many Thais, especially in the aftermath of the global pandemic. The government has marked 2022 as the “year for household debt resolution” with four expos held throughout the year. The latest of these expo recently concluded in Chiang Mai province. Finance Minister Arkhom Termpittayapaisith inaugurated the third “Debt Resolution Expo” for 2022 at Chiang Mai International Exhibition and Convention Center. The expo was jointly sponsored by the Ministry of Finance, the Bank of Thailand (BOT) and the Government Financial Institutions Association. The objective of the expo, hosted by Krung Thai Bank, was to provide comprehensive solutions for people with debt issues. The expo sought to help relieve the debt burdens of people as well as business operators through full-time and part-time occupations to generate income. Loans could be sought for use as circulating funds or capital for income generation, while knowledge on finance and occupational skills promotion was on offer to address household debt. Debt relief, repayment period extension, outstanding interest reduction, low-interest loans, collateral-free loans and special interest savings products were also provided. Additionally, the expo offered consultation for businesses experiencing debt problems and investment advice. Source: https://thainews.prd.go.th/en/news/detail/TCATG221219115206343 -- © Copyright NNT 2022-12-19 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more! Link to comment Share on other sites More sharing options...
RichardColeman Posted December 19, 2022 Share Posted December 19, 2022 12 hours ago, snoop1130 said: Debt has become a major problem for many Thais, especially in the aftermath of the global pandemic Government shutting the entire country and destroying the Thai economy There corrected 1 Link to comment Share on other sites More sharing options...
Cake Monster Posted December 20, 2022 Share Posted December 20, 2022 5 hours ago, RichardColeman said: There corrected And also " whilst adding a Policy of lending to keep the Country ticking over " Which ultimately has led to this terrible mess for so many people. Link to comment Share on other sites More sharing options...
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