Pandemic-hit Lufthansa says 22,000 jobs to go

Pandemic-hit Lufthansa says 22,000 jobs to go

2 Oct 07:01 Key points summarised by AI

Lufthansa announced plans to eliminate 22,000 full-time positions globally, with half of these cuts occurring in Germany.
The job reductions are a direct response to the anticipated slow recovery in air travel demand and the decision to operate 100 fewer aircraft post-pandemic.

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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