Bidding reaches over 100 billion baht in auctions for Thailand’s 5G spectrum

25 Sept 05:14 Key points summarised by AI

Thailand's National Broadcasting and Telecommunications Commission (NBTC) successfully auctioned 48 licenses for 5G frequencies, generating over 100 billion baht.
Major telecom companies, including Advance Info Service (AIS), True Move H Universal Communication, and CST Telecom, actively participated in the bidding process.
The auctions encompassed 700MHz, 2600MHz, and 26GHz bands, with the 700MHz band attracting the highest bids at 17.153 billion baht per license.
The total proceeds from the day's auctions amounted to 100.193 billion baht, signifying a major step in Thailand's 5G infrastructure development.

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.