Word: suchart
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...growth from the grass roots are working. "By giving [the poor] access to capital, we have given them the chance to show that they are capable of imagination and expansion," says Chakramon Phasukvanich, secretary-general of the National Economic and Social Development Board, a governmental planning agency. Finance Minister Suchart Jaovisidha says concerns that loans to farmers would load the sector with even more debt have proved unwarranted: "It's been very successful. About 97% of loans have been paid back. It's much better than giving loans to businesses where the risk is much higher." But critics believe...
...down the lending by state-owned financial institutions, which now account for almost half the loans in the system, up from about 15% before the crisis. "Commercial banks were hit so hard by the storm of '97 that they have become too cautious about lending money," says finance chief Suchart. That, he explains, is why the government has pushed state-owned banks to lend liberally...
...hiding along the Burmese-Thai border, made headlines this winter when their militia turned a Thai hospital into a giant hostage ward. Sonchat and Sonchai Ratiwatana, tennis-doubles champs, got to the finals in this month's Malaysian International Junior tourney. And according to the Bangkok Post, identical twins Suchart and Suchai Jaovisidha (4) will retire this year from their respective posts as Thailand's directors general of revenue and internal trade...
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