3,000 restaurants apply for loans over past week in new government scheme

25 Sept 03:59 Key points summarised by AI

Approximately 3,000 Thai restaurants have applied for 879 million baht in loans under the new "Jub Koo Goo Ngern" government scheme, launched on June 7th to provide crucial financial relief during the COVID-19 pandemic.
The program offers vital liquidity and addresses high-interest rates for struggling businesses, with applications open until Sunday, while restaurant owners also advocate for extended reductions in food delivery service fees.

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

Yesterday 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.