Thai government warned 10 million may lose their jobs in next three months

Thai government warned 10 million may lose their jobs in next three months

21 Sept 03:54 Key points summarised by AI

The Federation of Thai Industries warns that up to 10 million Thai workers face job loss within three months if the government fails to provide timely support amid the COVID-19 pandemic.
A proposal suggests the government immediately shoulder 50% of the 15,000 baht monthly minimum wage for SMEs, with employers contributing 25% and workers accepting halved hours and reduced pay, to prevent mass layoffs.

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

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.

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