Post by account_disabled on Dec 30, 2023 3:31:59 GMT -6
EXIM BANK launches New Year's gift measures for 2020 for exporters to help SMEs bear costs, reduce debt burden, and access funds to improve their export business. iq575666cc9cde95a54f9d49a9eca6a7ab Mr. Phisit Seriwiwattana, Managing Director Export-Import Bank of Thailand (EXIM BANK) launches "EXIM measures to enhance liquidity for exporters" long-term loans. For SMEs, the maximum credit limit is 20 million baht per individual. The maximum repayment period is 7 years. The interest rate for years 1-2 is equal to 3.99% per year and "EXIM measures to reduce debt repayment burden" for EXIM BANK's SMEs customers. Customers with long-term loan lines can extend the loan repayment period. Maximum not exceeding 2 years. In the case of extending the loan repayment period to no more than 1 year, the interest rate will be reduced from the original 0.125% per year. For customers with short-term loan credits, the proportion of loan drawdowns will be increased and the interest rate will be reduced. To help exporters, SMEs, both new and existing customers of EXIM BANK in all industry groups. To have more liquidity for use in the business and receive relief from debt repayment burden. Including using it to improve products and services to increase their value. Ready to compete in the world market at EXIM BANK Headquarters on December 19, 2019.
KTIS Group is confident that the bio business line in 2020 will continue to grow, including power plants, ethanol, and bagasse pulp businesses. Embrace the trend of loving the environment and pushing for natural products to boom. Resulting in demand for products to support full production capacity. Mr. Natthapan Siriwiriyakul Deputy Group Executive Officer of Kaset Thai International Sugar Corporation Public Company Limited or KTIS, a leader in the sugar industry and integrated related industries, revealed that from the operating results Telegram Number Data that have shown good growth in the biological business line of the KTIS group. In 2019, income from the sale of electricity from biomass fuel increased by 28.8% from the previous year, income from the ethanol production and distribution business increased by 23.3%, and income from the bagasse pulp business increased by 7.6%. It is confident that these 3 businesses will continue to have good growth in 2020 due to the trends in selling prices for electricity, ethanol, and pulp. Still in a good direction Meanwhile, sales volumes are continuously at full capacity. “The sale of electricity has a purchase contract from the Electricity Generating Authority of Thailand. Definitely already As for ethanol, in the past there was always demand to buy and support full production capacity. As for bagasse pulp, Because our factory is the only large factory in Thailand that produces bagasse pulp.
At the same time, consumers are also interested in preserving the environment and reducing deforestation, so there is demand for products that support full capacity as well,” said the Deputy Chief Executive Officer of KTIS Group. For the sugarcane and sugar business lines, It is believed that the price of sugar in the world market has passed its lowest point. In addition, the amount of sugarcane production decreased due to the drought problem. Therefore, it is believed that the average sugar selling price in 2020 will be higher than in 2019. Moreover, the quality of sugarcane or the sweetness value of sugarcane in the 2019/2020 crushing season is expected to be better than the previous year. Because there is a fairly long period of cold weather. And reducing sugarcane fires according to government policy has resulted in more fresh sugarcane being delivered to the factory. This means that the sugarcane quality is better as well. In addition to the biological business of the KTIS group that currently generates income, Started production of packaging from bagasse, which is a joint investment with distributors of various packaging products in China and the Biocomplex project. which is jointly invested with Global Green Chemicals Public Company Limited, a company in the PTT Group. Currently, the factory is under construction. and expects to be able to recognize income and profits for the KTIS group in late 2020 or early 2021 onwards.
KTIS Group is confident that the bio business line in 2020 will continue to grow, including power plants, ethanol, and bagasse pulp businesses. Embrace the trend of loving the environment and pushing for natural products to boom. Resulting in demand for products to support full production capacity. Mr. Natthapan Siriwiriyakul Deputy Group Executive Officer of Kaset Thai International Sugar Corporation Public Company Limited or KTIS, a leader in the sugar industry and integrated related industries, revealed that from the operating results Telegram Number Data that have shown good growth in the biological business line of the KTIS group. In 2019, income from the sale of electricity from biomass fuel increased by 28.8% from the previous year, income from the ethanol production and distribution business increased by 23.3%, and income from the bagasse pulp business increased by 7.6%. It is confident that these 3 businesses will continue to have good growth in 2020 due to the trends in selling prices for electricity, ethanol, and pulp. Still in a good direction Meanwhile, sales volumes are continuously at full capacity. “The sale of electricity has a purchase contract from the Electricity Generating Authority of Thailand. Definitely already As for ethanol, in the past there was always demand to buy and support full production capacity. As for bagasse pulp, Because our factory is the only large factory in Thailand that produces bagasse pulp.
At the same time, consumers are also interested in preserving the environment and reducing deforestation, so there is demand for products that support full capacity as well,” said the Deputy Chief Executive Officer of KTIS Group. For the sugarcane and sugar business lines, It is believed that the price of sugar in the world market has passed its lowest point. In addition, the amount of sugarcane production decreased due to the drought problem. Therefore, it is believed that the average sugar selling price in 2020 will be higher than in 2019. Moreover, the quality of sugarcane or the sweetness value of sugarcane in the 2019/2020 crushing season is expected to be better than the previous year. Because there is a fairly long period of cold weather. And reducing sugarcane fires according to government policy has resulted in more fresh sugarcane being delivered to the factory. This means that the sugarcane quality is better as well. In addition to the biological business of the KTIS group that currently generates income, Started production of packaging from bagasse, which is a joint investment with distributors of various packaging products in China and the Biocomplex project. which is jointly invested with Global Green Chemicals Public Company Limited, a company in the PTT Group. Currently, the factory is under construction. and expects to be able to recognize income and profits for the KTIS group in late 2020 or early 2021 onwards.