Thailand approves 5-billion-baht soft-loan package to create jobs

The loan package – to be extended by state-owned Government Savings Bank (GSB) – will be offered mainly to business starters and small-scale business operators such as masons, air-conditioner repair providers, electricians, and beauty shops; small-scale operators who have distribution locations such as wholesalers, retailers, and franchisees; and public vehicle drivers of vehicles such as taxis, taxi vans and truck services.

“This lending facility will help those people and business operators to have the initial capital to do business or aid their financial liquidity to be able to continue their business and reduce their reliance on loan sharks or…