THAI airways to sell assets to raise more funding

THAI airways to sell assets to raise more funding

13 Sept 07:14 Key points summarised by AI

THAI Airways is liquidating significant assets, including its Laksi training center, Nok-Air and BAFS shares, and Boeing 737-400 engines, with the bankruptcy court's approval.
The airline, severely impacted by the COVID-19 pandemic and facing potential liquidation, will use the proceeds to fund ongoing business operations and invest in new income-generating projects.

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

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.

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