TDRI asks Govt. to support workers and SMEs affected by closures

14 Sept 00:56 Key points summarised by AI

The Thailand Development Research Institute (TDRI) proposes the government provide direct financial assistance to workers, their families, and small enterprises impacted by COVID-19 closures, moving away from broad-based aid.
TDRI suggests extending social security schemes to cover daily wage earners and taxi drivers, and implementing direct monthly handouts (1,500-2,500 baht/month for 3 months) for 6-7 million households not under social security, while excluding wealthier individuals.
The think-tank also recommends financial support, such as rental subsidies, for small businesses to protect jobs and advises the government to remain vigilant against COVID-19, focusing on crisis management and clear public communication despite a drop in new infections.

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.