Business operators are calling for financial relief measures, including a debt moratorium and new loans with relaxed conditions, to help small and medium enterprises cope with Covid-19.

The request was made ahead of Monday’s meeting of the government’s economic team called by Prime Minister Prayut Chan-o-cha.

Members of the team are expected to consider an economic relief package for businesses affected by the partial Covid-19 lockdown and curfew imposed for at least 14 days starting today.

Expected to be included is financial compensation for people and businesses who stand to lose income during this period.

Some businesses have complained they are being asked to shut down temporarily when relief is not yet at hand.

The Thai Chamber of Commerce (TCC) asked the government to consider relaxing lending regulations so financial institutions can examine other factors, not only credit information from the National Credit Bureau, when considering a loan application, said Sanan Angubolkul, chairman of the TCC.

Read more