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Feb. 1--The Small Industry Finance Corporation has earmarked one billion baht to promote food safety standards among Thai food manufacturers.
Soft loans and joint-venture proposals would target 200 to 500 manufacturers, aiming to improve their production efficiency and health standards, as well as build their competitiveness, said Kanok Abhiradee, the president of the corporation.
Of the total budget, about 100 million baht would be loans with interest up to one percentage point below the agency's normal rates, with a grace period of up to two years. The repayment period is a maximum of 10 years, with extensions of up to five years possible on a ...
Source: HighBeam Research, One Billion Baht Fund to Lift Food Safety Standards in Thailand.