Energy committee rejects takeover of GLOW by PTT’s subsidiary

Energy committee rejects takeover of GLOW by PTT’s subsidiary

13 Sept 07:08 Key points summarised by AI

The Energy Regulatory Commission (ERC) unanimously rejected Global Power Synergy Company's (GPSC), a PTT subsidiary, plan to acquire 69.11% of Glow Energy Company (GLOW).
The commission determined the takeover could violate the Energy Business Act B.E. 2550, which promotes competition within the energy sector.

New home loan scheme aims to boost property sector with Bt125 billion

New home loan scheme aims to boost property sector with Bt125 billion

20 Oct 11:38 Key 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.

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