Creditors approve Thai Airways restructuring plan

Creditors approve Thai Airways restructuring plan

21 Sept 06:44 Key points summarised by AI

Thai Airways International (THAI) secured overwhelming approval for its restructuring plan from 91.56% of its creditors.
Creditors also appointed five administrators, with THAI expressing gratitude and confidence that the plan will ensure its market competitiveness and aid Thailand's tourism and economic recovery.

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

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

Today 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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