BANGKOK (NNT) – The Government Savings Bank has launched a special program for customers in 28 highest control or red zone provinces, to defer their debt repayments for 3-6 months. Customers must apply for this emergency offer from today to be eligible.

The Government Savings Bank’s (GSB) President Withai Ratanakorn revealed that the bank is now giving loan customers options to defer their repayments for 3-6 months, during which they can opt to pay only the interest, or request to pay only a part of the interest due, without paying the principal.

To be eligible, customers must be a resident of one of the 28 provinces designated as the highest control or red zones by the Center for COVID-19 Situation Administration. Customers must register for this emergency offer on www.gsb.or.th opening today, and fill out the required information and their contact details.

Mr Withai said this emergency program will cover some 1.9 million customers in these 28 provinces, whose loans account for a combined total of 670 billion baht.

For more information, call the GSB Call Center 1115.

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BANGKOK (NNT) – The Office of the Consumer Protection Board (OCPB) is delivering happiness on New Year’s eve, by offering a 10 to 15 percent discount to people who buy products from various online platforms.

The Prime Minister’s Office Minister, Anucha Nakasai, as chairman of the Consumer Protection Board, said today the discount will be offered to consumers who buy products from Shopee and Lazada. Automotive repair and maintenance services will also be offered during the holiday season.

Shopee users will receive a 15 percent discount when making a purchase of at least 300 baht, without using a discount code, between January 1st and 31st, 2021.

Lazada users will receive a 10 percent discount when making a purchase of at least 500 baht. If the total purchase is over 299 baht, they will receive a 30-baht discount coupon. If the total purchase is 799 baht or more, they will receive an 80-baht discount coupon. The offer is valid from January 1st to 5th next year.

In addition, some 100 automotive service providers in Bangkok and the provinces will offer repair and maintenance services, such as checking the car’s battery and radiator, until January 15th next year.
Motorists can call 081 – 665 – 4444 and 081 – 206 – 6600 for more information and emergency services in greater Bangkok. People in the provinces can call 081 – 970 – 0654.

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The COVID-19 pandemic and the US-China trade friction have failed to slow Thailand’s resilient electronics and electrical (E&E) industry which on the contrary many investors see as a haven, Thailand Board of Investment (BOI) data shows.

In the first nine months of 2020, the number of foreign and domestic companies which applied to invest in Thailand’s E&E sector actually rose to 106 projects, from 94 projects in the same period in 2019, making it by far the most popular sector, totaling over $1.2 billion in investment applications submitted to the BOI.

With a supply chain of some 2,500 companies and 800,000 employees ranging from researchers with doctoral degrees to vocationally trained technicians and experienced assembly line workers, it is the country’s largest manufacturing employer, according to Thailand’s Electrical and Electronics Institute (EEI).

E&E is fundamental to Thailand 4.0

“E&E is fundamental to Thailand 4.0”, said EEI president Narat Rujirat, referring to the innovation-driven growth strategy of Southeast Asia’s second largest economy.

This ambitious vision involves creating a regional hub for futuristic industries including medical devices, electric vehicles, robotics and automation. At its heart is the technological transformation of one of Thailand’s long-established core industries, electrical and electronics, into what is today termed “Smart E&E” and the emergence of the so-called Internet of Things (IOT).

Thailand’s E&E sector has burgeoned into a global powerhouse and is the world’s second largest exporter of computer hard disc drives, air conditioners and washing machines, according…

Read the complete story on Thailand Business News

BANGKOK (NNT) – Following the launch of the second phase of the government’s half-half co-payment campaign on December 16th, 2020, the Ministry of Finance has sent a message via SMS to confirm the eligibility of qualified registrants. They are required to confirm their identities and spend via the Pao Tang mobile application by January 14th, 2021.

There are three ways for qualified registrants to confirm their identities. They can declare themselves via the Pao Tang app, visit any Krungthai Bank branch nationwide, or bring their identification (ID) cards to Krungthai Bank automated teller machines (ATMs) and use the identity verification system. They can use Google Maps to locate them. After verification, they will receive a subsidy of 3,500 baht, and they can make general purchases at up to 150 baht per day from January 1st to March 31st next year.

The Inspector General of the Ministry of Finance, Dr. Kulaya Tantitemit, as acting Director of the Fiscal Policy Office (FPO) and Spokeswoman for the Ministry of Finance, said about 75 percent of the applicants had confirmed their identities. Those who have yet to verify have to do so and spend via the Pao Tang app by January 14th. Otherwise, their eligibility will be revoked automatically.

Users of the first-phase co-pay scheme will also be able to use the privileges until March 31st. They can receive an extra 500 baht of subsidy allowance by accepting the terms and conditions in the Pao Tang app before the end of March.

At present, the co-pay scheme has been joined by 1.1 million vendors, with 9.5 million applicants having used the privileges, and more than 49 billion baht spent in this campaign. Vendors can still register for the campaign.

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