Jiaravanon family member buys Fortune magazine

13 Sept 06:29 Key points summarised by AI

Thai businessman Chatchaval Jiaravanon acquired Fortune magazine for US$150 million through his wholly-owned company.
Jiaravanon plans significant investment in Fortune's digital capabilities, global expansion, and editorial talent to become a premier worldwide business content provider.
His vision is to establish Fortune as the world’s leading business media brand, capitalizing on the growing demand for high-quality business information.
Key leadership, including Editor-in-Chief Clifton Leaf and President (now CEO) Alan Murray, will remain in their positions.

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.