฿7.5bn allotted to help Thai workers and businesses hit by partial lockdown

2 Oct 00:44 Key points summarised by AI

Thailand's Centre for COVID-19 Situation Administration (CCSA) allocates ฿7.5 billion from the Social Security Fund and government borrowing to support individuals and businesses affected by a month-long partial lockdown.
The lockdown, impacting six provinces, enforces sealing of construction worker dormitories, halting all construction work, and prohibiting dine-in services at various establishments.
The government provides 2,000 baht to social security-covered employees and 3,000 baht per employee to employers (up to 200 staff), with additional financial assistance planned for eateries.

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.