Tourism sector propose debt moratoria and electricity subsidy

13 Sept 08:43 Key points summarised by AI

Thailand's Tourism Council urges the government for urgent aid, including long-term debt moratoria (6 months to 1 year) to ease financial burdens on businesses.
Proposals include cutting electricity bills for a year, specifically scrapping minimum charges for medium-to-large businesses until year-end, and co-paying for new graduate employees.
The council also seeks programs to upskill tourism workers, expand market opportunities, and establish a dedicated one-stop marketplace to boost domestic tourism.

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.