Bankruptcy court accepts THAI’s protection petition for consideration

Bankruptcy court accepts THAI’s protection petition for consideration

14 Sept 02:38 Key points summarised by AI

The Central Bankruptcy Court accepted Thai Airways International's bankruptcy protection petition, scheduling the first hearing for August 17th.
This decision grants THAI immediate legal protection from creditor lawsuits, allowing a court-sanctioned team to develop a rehabilitation plan if the petition is approved.

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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