The package includes 180b baht ($5.7b) of soft loans from
- That’s for for small and medium-sized businesses impacted by the fallout of the novel coronavirus outbreak
- Other steps include:
- The government is setting aside a 20b baht budget to help those impacted by the virus
- Tax benefits such as:
- A cut in the withholding tax to 1.5% from 3% during April to September
- Doubling the tax benefit for investment in long-term mutual funds -- so-called super savings funds -- to 400,000 baht...