AI In-Brief

Thailand News in Brief

Thai PBS World

Thailand and the world, every day

AI can make mistakes. Please double-check.

Rice warehouses and rice surveyors next in line to face the axe over controversial rice pledging scheme

13 Sept 14:25 Key points summarised by AI

The Public Warehouse Organization (PWO) submitted 167 warehouse and 79 surveyor contracts to the Office of the Attorney-General (OAG) related to the controversial rice pledging scheme.
Poor storage practices by these private entities led to an estimated 300 billion baht in damages, with significant quantities of rice rotting or being sold for fuel and animal feed.
The OAG plans to expedite civil lawsuits against warehouse operators and rice surveyors by July-August to seek compensation before the statute of limitations expires.
This move is part of a larger ongoing investigation into the rice pledging scheme, which has already resulted in criminal convictions for high-ranking officials and businessmen, including a former commerce minister.

Yesterday 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.