About 8 million Thais register for co-payment scheme in 50 minutes

2 Oct 04:58 Key points summarised by AI

Eight million Thais rapidly registered for the third phase of the 50:50 co-payment stimulus scheme within 50 minutes, causing a brief disruption to the "Pao Tang" government app.
The scheme offers 3,000 baht per eligible individual, disbursed in two installments over six months, with a daily spending limit of 150 baht.
Existing participants in previous government aid programs can easily reconfirm their registration through the Pao Tang app or the official website.
New applicants must register online and complete an identity verification process, including facial scanning, at Krung Thai Bank branches or via the Krungthai NEXT app.
A wide range of businesses, including general stores, spas, and public transport operators, are eligible to join the co-payment scheme.

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.