Cabinet approves power bill cuts for 22 million Thai households for 3 months

13 Sept 09:48 Key points summarised by AI

Thai Cabinet approves a three-month electricity bill relief package for 22 million households, retroactive to March, to mitigate the economic impact of the COVID-19 pandemic.
Households consuming less than 150 units receive full exemption, while those using between 150 and 800 units will pay a charge equal to their February bill.
Larger consumers exceeding 800 units will pay their February rate plus a reduced charge (50-70%) for additional consumption, depending on total usage.
This assistance program is estimated to cost taxpayers 23,688 million baht, with a separate aid proposal for the business sector currently under review.

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.