Pharmacy Council urges caution over Thailand joining the CPTPP

14 Sept 01:52 Key points summarised by AI

The Pharmacy Council of Thailand (PCT) warns against a rushed entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), fearing negative impacts on the domestic pharmaceutical industry and access to affordable medicines.
The PCT advises the government to utilize current Thai regulations as a bargaining chip and to conduct a thorough National Interest Analysis (NIA) for public and parliamentary scrutiny before committing to the trade bloc.
A Commerce Ministry study suggests that joining the CPTPP could boost Thailand's annual GDP by 0.12% (13.3 billion baht), whereas non-participation might result in a 0.25% GDP contraction and 26.6 billion baht in lost revenue.

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.