Six injured after car smashes into On Nut shopping mall
New home loan scheme aims to boost property sector with Bt125 billion
Emergency declared as government rolls out measures to help workers and businesses
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Emergency declared as government rolls out measures to help workers and businesses
13 Sept 08:39Key points summarised by AI
Thailand's government declared a nationwide state of emergency for one month, granting Prime Minister Prayut Chan-o-cha extensive powers to enforce stay-at-home orders, curfews, and travel restrictions to combat rising COVID-19 infections.
The Prime Minister warned that a full lockdown might be inevitable if citizens fail to cooperate with social distancing guidelines, urging public compliance to avoid stricter legal enforcement.
The Cabinet unveiled a comprehensive economic relief package, providing a 5,000 baht monthly handout for three months to non-social security members and offering low-interest emergency loans up to 50,000 baht.
Additional support includes extended tax deadlines for individuals and businesses, increased health insurance deductions, tax exemptions for medical professionals' risk allowances, and special credit lines for SMEs.
New home loan scheme aims to boost property sector with Bt125 billion
Yesterday 11:38Key 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.