BAAC
- Thailand News
Thai farmers receive 20 billion baht in government aid
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has disbursed 20 billion baht over the past three days to 2.6 million farmers as part of a government initiative aimed at supporting rice producers. The goal is to benefit 4.6 million households with a total budget of 37.4 billion baht. Chatchai Sirilai, Manager of BAAC, announced the progress of the financial…
- Thailand News
Grain gains: Thai farmers to receive 1,000 baht per rai support
The Bank of Agriculture and Agricultural Cooperatives (BAAC) has initiated a comprehensive financial support programme, transferring 1,000 baht per rai to Thai rice farmers across the country. Deputy Finance Minister Jullapan Amornvivat presided over the first day of payments, aimed at providing relief and encouraging agricultural productivity. The support programme targets 4.61 million farming households, with total funding reaching 37.4…
- Thailand News
Southern Thai man finally receives 10,000 baht government aid
A man from southern Thailand was overjoyed when the Bank for Agriculture and Agricultural Cooperatives (BAAC) branch in Loei province finally tracked him down to ensure he received the government aid of 10,000 baht. The initiative was part of a final effort by the bank to help vulnerable groups secure their due benefits before the deadline. BAAC in Loei took…
- Thailand News
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…
- Business News
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…
