The Deputy PM and Finance Minister announced six measures for the five Deep South border provinces. The main one for businesses: interest-free loans for 6 months for flood recovery, then low-rate credit, and later the state co-pays interest. Separately, GSB will lend to businesses over 5 years at a fixed 1.5% a year, a proposal still to go to the cabinet. Also planned: dredging Songkhla and Pattani ports, scrapping overtime fees for tourists, and extending BOI incentives by 3 years. If you operate in these provinces, prepare loan documents and watch for cabinet approval; the article gives no start dates.
← Back to all articles