Six injured after car smashes into On Nut shopping mall
New home loan scheme aims to boost property sector with Bt125 billion
Anti-graft body asks PM to impose “integrity pact” in bidding for duty-free shops at Suvarnabhumi airport
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Anti-graft body asks PM to impose “integrity pact” in bidding for duty-free shops at Suvarnabhumi airport
21 Sept 02:40Key points summarised by AI
The Anti-Corruption Organization of Thailand (ACT) urges Prime Minister Prayut Chan-o-cha to implement an “integrity pact” for the upcoming auction of duty-free shops at Suvarnabhumi airport.
This call comes as the existing contract with King Power International group is set to expire in September 2020, necessitating a new, transparent bidding process.
The “integrity pact” is proposed to ensure transparency, prevent corruption, and protect both the country's image and state revenue in high-value procurement projects.
Under this principle, three parties—state agencies, private sector bidders, and a people's sector observer—pledge against corruption, a measure supported by the Procurement Act B.E. 2560.
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.