Six injured after car smashes into On Nut shopping mall
New home loan scheme aims to boost property sector with Bt125 billion
Governor admits Bangkok still faces flood risks
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Governor admits Bangkok still faces flood risks
14 Sept 01:53Key points summarised by AI
Bangkok's governor confirms the capital remains vulnerable to flooding from northern run-offs, high sea levels, and persistent monsoon rains, despite ongoing water management efforts.
Massive water volumes from upper Thailand are expected to pass through the city via the Chao Phraya River, with eastern Bangkok already experiencing significantly higher water levels.
Authorities are actively preparing for potential floods by coordinating with various agencies, distributing 3 million sandbags to at-risk residents, and installing additional water pumps.
The monsoon season is projected to continue until November, with the Meteorological Department forecasting widespread rain, including isolated heavy downpours, across Bangkok and surrounding provinces.
New home loan scheme aims to boost property sector with Bt125 billion
20 Oct 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.