The Nation newspaper to cease publication on June 28th

13 Sept 23:26 Key points summarised by AI

The Nation, a leading English-language newspaper in Thailand, will end its print edition on June 28th after 48 years of publication.
This decision stems from a significant shift in readership to social media and a sharp decline in advertising revenues, making traditional print unsustainable.
Editorial staff will not face layoffs; instead, they will transition to focus entirely on developing and managing the company's online platform.
Nation Multimedia Group plans to expand its digital presence by launching a new Chinese-language online service, tentatively scheduled for October.

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

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.