Junta invokes Article 44 to help digital TV and mobile operators

13 Sept 07:20 Key points summarised by AI

Thailand's National Council for Peace and Order (NCPO) invoked Article 44 to provide financial relief to both mobile phone and digital TV operators.
Mobile operators using the 900Mhz band received an extension for their concession fee payment schedule, moving from 4 to 10 months, aimed at easing financial strain and enabling participation in upcoming 5G license bids.
Digital TV operators, grappling with significant financial difficulties due to high license bids and declining advertising revenue from technological disruption, are now offered a 30-day window to return their licenses to the NBTC for compensation or exemption from remaining fees.

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

Today 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.