Supreme Court orders 6 insurers to pay 100 million baht to SET for riot damage

Supreme Court orders 6 insurers to pay 100 million baht to SET for riot damage

14 Sept 01:50 Key points summarised by AI

Thailand's Supreme Court mandated six insurance companies to pay 100 million baht to the Stock Exchange of Thailand (SET) for damages incurred during 2010 anti-government protests.
The court overturned lower court verdicts, ruling that the arson committed by rioters was not an act of terrorism, thereby obligating the insurers to compensate for the damage.

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

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.

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