Opposition Pheu Thai Party proposes more cash for those affected by COVID-19

13 Sept 07:47 Key points summarised by AI

The opposition Pheu Thai Party criticizes the government's proposed 3,500 baht/month COVID-19 cash relief as inadequate, advocating for more substantial support.
Pheu Thai proposes higher cash subsidies: 6,000 baht/month for three months for informal workers in Red Zones, and 5,000 baht/month for those outside.
The party also suggests establishing a 1 trillion baht SME Credit Fund, directly extended without commercial banks, and state-shouldered payroll support (50-60%) for six months to prevent layoffs.
Further proposals include a six-month debt moratorium on principal and interest for indebted farmers, and state coverage of interest on house and car loans for the general public for up to six months.

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.