Billionaires dip into deep pockets to fight Covid-19

13 Sept 15:23 Key points summarised by AI

Billionaires globally are deploying significant wealth to combat Covid-19, supporting vulnerable populations, procuring medical equipment, and funding vaccine research.
Prominent figures like Jeff Bezos, Bill Gates, and Jack Ma have committed hundreds of millions to billions for various initiatives, emphasizing both national and international relief efforts.
Beyond financial contributions, wealthy entrepreneurs are also advising governments on economic recovery strategies to mitigate the severe financial fallout of the pandemic.

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.