The Royal Thai Government announced phase
2 of a number of additional financial measures
focusing on individuals that are not registered with the social
security system. The measures include helping informal workers
without social security benefits, including temporary employees and
freelancers, and businesses that have been affected by the outbreak
of coronavirus.
The following measures will be taken for
companies/businesses:
- Soft loans for business; For businesses
that have been affected by the partial shutdown, the Cabinet has
approved eight measures to support them, including a supportive
loan measure with a budget of THB 10 billion. The loan will be
offered by the Small and Medium Enterprise Development Bank of
Thailand with a limit of THB 3 million per loan with a 3 per cent
interest rate in the first two years. The maximum period for the
loan is five years, and the deadline to apply for the loan is
December 30, 2020.
