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Thailand: Finance Ministry established fund to help state enterprises.
Section: General News - The Finance Ministry will arrange 200 billion baht in funds for use as a short-term facility by state enterprises unable to get funds from the financial markets, the Bangkok Post reports.
Chakkrit Parapuntakul, the deputy director-general of the Public Debt Management Office (PDMO), said the funding line approved by the cabinet would solve the liquidity problems of state enterprises.
Local banks have been tightening lending standards and reducing loan lines as credit risk rises with the panic.
''Some state enterprises are facing greater difficulty in raising funds from the market, particularly institutions closely tied with …
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