Mango growers complain of low prices and fewer export orders due to COVID-19

13 Sept 11:22 Key points summarised by AI

Mango orchard owners in Phitsanuloke, Thailand, are struggling with significantly low prices (10-20 baht/kg for Barracuda, 2-5 baht/kg for other varieties) and fewer export orders, primarily caused by the global COVID-19 pandemic, making it difficult to cover their investment costs.
Provincial officials are actively forming a public-private sales promotion team to help growers sell mangoes online and are seeking support from other provincial governors to boost sales of Phitsanuloke mangoes.

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.