Thai and Dutch diplomats focused on Thai-EU FTA by year’s end
New home loan scheme aims to boost property sector with Bt125 billion
Customs to tighten up watch on couriers of brand-name products
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Customs to tighten up watch on couriers of brand-name products
13 Sept 12:56Key points summarised by AI
The Customs Department will establish an intelligence gathering center to track individuals posing as passengers but operating as couriers smuggling brand-name products.
Known frequent couriers (traveling 30-40 times in 180 days) will be blacklisted, facing targeted and thorough baggage checks upon arrival in Thailand, replacing previous sweeping checks.
Regulations are being amended to increase penalties for repeat offenders, including fines 2-4 times the value of smuggled goods and coordination with the Revenue Department to check tax payment records.
New home loan scheme aims to boost property sector with Bt125 billion
Yesterday 11:38Key points summarised by AI
The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.