Thailand’s PM promises help for domestic low-cost airlines

Thailand’s PM promises help for domestic low-cost airlines

13 Sept 11:13 Key points summarised by AI

Prime Minister Prayut Chan-o-cha pledged 24 billion baht in soft loans for seven domestic low-cost airlines, including Thai Air Asia and Bangkok Airways, to help them survive the COVID-19 pandemic and retain approximately 20,000 staff.
The government also extended a 50% reduction in landing, take-off, and aircraft storage fees until March next year, while evaluating a proposal to prolong reduced excise tax on aviation fuel.

New home loan scheme aims to boost property sector with Bt125 billion

New home loan scheme aims to boost property sector with Bt125 billion

Today 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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