Connect with us

Phuket

Phang Nga Gov raps banks over slow loans

Legacy Phuket Gazette

Published 

 on 

Phang Nga Gov raps banks over slow loans | The Thaiger
  • follow us in feedly

PHANG NGA: Phang Nga Governor Anuwat Metheeviboonwut yesterday criticized banks and other financial institutions for taking too long to process applications for soft loans by business owners affected by the tsunami.

Gov Anuwat said, “The problem we have today is that 80% of the business owners are still waiting for loans from financial institutions to be approved.

“If the financial institutions were not afraid [of approving the loans], I think most businesses here would be ready to reopen for the next high season.”

Gov Anuwat said that financial institutions were taking a long time approving the loans because business owners could not provide all the paperwork necessary to satisfy the institutions’ requirements.

He added that local business people had told him that the financial institutions had little confidence that businesses in Khao Lak would be able to repay the loans.

“Although there are a few local business people who have lost family members in the tsunami and do not want to do business here anymore, most investors are ready to rebuild their businesses,” Gov Anuwat said.

“On February 19, when PM Thaksin Shinawatra visited Phang Nga and talked with local business owners, everyone was inspired to rebuild their businesses, but now that the financial institutions still have not approved the loans they have started to feel discouraged again.

“Twenty days ago [Deputy Prime Minister] Dr Somkid Jatusripitak came to explain to local business people how they can apply for the soft loans, but little has happened since.

“But because people continued to ask me for help [in getting the loans], I applied to Dr Somkid to help again. We didn’t know why the banks had a problem and couldn’t give the loans,” Giv Anuwat added.

He said that not more than 20% of businesses in the Khao Lak area had begun rebuilding. “The financial institutions should approve loans as soon as possible because the rains will come in May and impede reconstruction,” he said.

However, Gov Anuwat also pointed out that not all local business people suffering had a legitimate right to complain.

He explained that PM Thaksin had told the Department of Public Works and Town & Country Planning to enforce the old law that no one may build within 30 meters of the high-tide mark, which meant that people who used to have their businesses right on the beachfront were not allowed to return.

Gov Anuwat added that some 60% of income in Phang Nga province derived from tourism in Khao Lak, but that currently there are only 1,000 rooms in hotels and guest houses open for visitors in the Khao Lak and Kuk Kak areas.

“Currently we have only 10% of the number of tourists that would normally be in Phang Nga because we have no accommodation and they are still afraid of what happened last year,” he said.

Keep in contact with The Thaiger by following our Facebook page.



Read more headlines, reports & breaking news in Phuket. Or catch up on your Thailand news.

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Phuket

Phuket officials visit Kamala restaurant after customer charged 6,750 baht

Maya Taylor

Published

on

Phuket officials visit Kamala restaurant after customer charged 6,750 baht | The Thaiger
PHOTO: Facebook/ Lalita Chaiyasit

A seafood restaurant in Kamala, a west coast town in Phuket, has received strong criticism on social media after trying to charge a customer 6,750 baht for a takeaway meal. 3,000 baht of the bill was a “cooking fee”. Lalita Chaiyasit took to social media to vent her disbelief after receiving the bill. She says she was on holiday with her family in Phuket and wanted to order some food for delivery to their hotel. At the recommendation of their tour guide, she chose the Nanork Restaurant in Kamala, sending the tour guide to pick up the food. A report […]

Continue Reading

Tourism

Phuket’s Lard Yai Sunday night market springs back to life

The Thaiger

Published

on

Phuket’s Lard Yai Sunday night market springs back to life | The Thaiger
PHOTO: Lard Yai springs back to life - Phuket People's Voice

The Lard Yai Sunday night walking street along Thalang Road Old Phuket Town has reopened to the delight of vendors, locals and a few expats. It has been closed for 3 months after lockdowns were applied to community markets. New Provincial Governor Narong Woonchiew says he welcomes people back to the popular market. “The province and the private sector have worked hard to make sure Lardyai walking street is safe and complies with social distancing practices to regain tourists’ confidence.” Lard Yai, a fairly recent addition to Phuket’s vibrant market scene (about 4 years ago), became an instant success in […]

Continue Reading

Opinion

Two years ago – remembering Phuket’s Phoenix boat tragedy

The Thaiger

Published

on

Two years ago – remembering Phuket’s Phoenix boat tragedy | The Thaiger

“There were 13 children that died in this disaster. Many were later found dead, floating face down, not far from their deceased parents.” On an otherwise ordinary afternoon, two tour boats, Phoenix and Serenata, were heading back to Phuket after a half day tour of snorkelling near Koh Racha. The weather forecast was for seasonal monsoonal SW winds and waves, about the usual for that time of the year. But there was also a weather warning for a storm later in the afternoon of July 5, 2018. For whatever reasons the captains of the two vessels started heading back to […]

Continue Reading

Trending