Thailand’s GSB to offer debt moratoria until end of December 2021

13 Sept 13:06 Key points summarised by AI

Thailand's state-run Government Savings Bank (GSB) will extend debt moratoria for approximately one million customers until the end of December 2021, aligning with the cabinet's COVID-19 relief policy.
Under the voluntary scheme, eligible debtors defer principal payments, paying only interest, and can apply via the MyMo app from May 11th until the end of June; additional funding requests are also considered.

Speculation growing over merger between Bhumjaithai and Kla Tham parties

Today 16:46 Key points summarised by AI

A dinner between Bhumjaithai and Kla Tham party leaders sparked rumors of a potential merger, though Bhumjaithai's leader, Anutin, downplayed it as a casual meal.
The meeting is widely interpreted as a strategic message from Bhumjaithai to the Pheu Thai party, signaling alternative support ahead of an upcoming no-confidence debate.
Thailand's Constitution (Section 99) currently prohibits direct mergers of parties with sitting MPs during the House's term, a rule designed to prevent the 'buying and selling' of MPs.
While direct mergers are restricted, MPs can still switch parties if dismissed by a three-fourths party vote or if their party dissolves, allowing for indirect political realignments.
Kla Tham's voting behavior in the censure debate will demonstrate its loyalty to the government, potentially influencing future political dynamics despite current merger restrictions.