BAAC

  • Thailand NewsPhuket resident wins 60 million baht in BAAC lottery

    Phuket resident wins 60 million baht in BAAC lottery

    A resident of Phuket scooped 60 million baht from the BAAC lottery for July. This marks the ninth time this year that a lucky winner has claimed the top prize from the Thong Thong lottery series. The news was reported today, with BAAC Thailand’s Facebook page sharing images of the new millionaire. The grand prize winner, a customer from the…

  • Thailand NewsBerry far away: Thai farmers chase sweeter loans in Scandinavia

    Berry far away: Thai farmers chase sweeter loans in Scandinavia

    The BAAC is offering loans for Thai farmers to harvest berries in Sweden and Finland this summer. The state-owned Bank of Agriculture and Agricultural Cooperatives (BAAC) earmarked 375 million baht to help 5,000 Thai farmers embark on an adventurous journey to pick wild berries in Sweden or Finland during this year’s harvest season, starting this month. BAAC President Chatchai Sirilai…

  • Business NewsBAAC to launch e-commerce platform with Chinese tech firm

    BAAC to launch e-commerce platform with Chinese tech firm

    The Bank for Agriculture and Agricultural Cooperatives (BAAC) is in discussions with a prominent Chinese technology firm to establish a joint venture. The focus of this venture is to create an e-commerce platform to streamline the sale of agricultural commodities to China, as revealed by Chatchai Sirilai, the bank’s president. In this joint venture, the BAAC will not be considered…