Inclusive finance includes affordable, convenient and safe financial services for farmers, small businesses, those on low incomes, the disabled and elderly.
Infrastructure interconnectivity has provided more opportunities to Thailand, said Sithichai Jindaluang, deputy governor of Udon Thani province, Thailand.
In this way, such enterprises would be able to gradually cut their debt levels after their operations improve, contributing to debt reduction and overall economic stability, he said.
Indra Nooyi. (Flickr Creative Commons Photo / Danuta Otfinowski for Fortune Most Powerful Women)
Information services saw a 42.3 percent year-on-year growth in FDI flows between January and May, while e-commerce businesses notched up gains of 67.9 percent on a yearly basis. The innovation and design sector was another major gainer with a 49.8-percent growth in FDI flows on a yearly basis.
Information exchanges should be also be increased between financial regulators and judicial authorities, she said.
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Individual investors have been allowed to buy local government bonds since March 2019, and this group accounted for 37 percent of all types of investors by the end of last year, the finance ministry said. The average coupon rate of local government bonds was 3.47 percent last year, 42 basis points lower than a year earlier, the statement said.
In three years, the country will train 4 million scientifically-literate farmers, who understand science, master modern agricultural technology and have certain business management capability.
Industry and legal experts said such policies will be effective in preventing juveniles from becoming obsessed with online games, but the implementation needs broad support from society.
In third-tier cities, monthly growth in new home prices declined by 0.2 percent and pre-owned home prices fell by 0.1 percent when compared with August.