Covid-19, economic impact are top global threats: WEF

13 Sept 05:58 Key points summarised by AI

The World Economic Forum's survey indicates that business and government leaders view the loss of life from Covid-19 and its economic repercussions as the most significant short-term global threats.
The WEF's Global Risks Report 2021 highlights "infectious diseases" and "livelihood crises" as immediate concerns, warning they threaten to reverse progress on poverty, inequality, and social cohesion.
The report also identifies "social cohesion erosion" and severe challenges to young adults' education, economic prospects, and mental health as critical short-term risks, potentially leading to an "age of lost opportunity."

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

20 Oct 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.