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Bangkok Post
Bangkok Post
Business

Cabinet okays adjusted B5bn loan

A hotel worker cleans a bed as a precaution against Covid-19 at a Bangkok hotel. Hotel operators that are applying for a hotel business licence are allowed to apply for the soft loan scheme. REUTERS

The cabinet on Tuesday approved reworking the conditions of a 5-billion-baht soft loan programme to help small hotel operators and their supply chains including restaurants reopen.

According to Government House spokesman Anucha Burapachaisri, the new conditions and criteria of the loan programme will become more flexible and extensive, while the objectives are enlarged, extending the lending and repayment periods.

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