Brexit deal's 'rules of origin' spark trade confusion

13 Sept 12:17 Key points summarised by AI

Many British businesses now face unexpected duties on exports to the European Union, despite the Brexit free trade deal, due to the 'rules of origin' condition.
The 'rules of origin' dictate that goods imported into Britain and then re-exported to the EU are subject to customs levies, causing significant cost and logistical headaches for businesses.
Businesses, particularly retailers, were largely blindsided by these complex rules, leading to competitive disadvantages, supply chain disruptions, and calls for urgent solutions from the UK government and EU.

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.