Is ‘economics tsar’ Somkid Jatusripitak preparing to make a comeback?

13 Sept 12:14 Key points summarised by AI

Former Thai 'economics tsar' Somkid Jatusripitak, who resigned last year amidst a power struggle, is now rumored to be preparing a political comeback.
Speculation intensified after his close aide, Uttama Savanayana, was appointed chairman of the Thailand Future Foundation's advisory board, promoting it as a national development platform.
While Somkid's nephew denies the foundation will become a political party, the move has fueled media speculation about Somkid and his team launching a new political outfit.
Despite skepticism from some analysts about his political base, former colleagues suggest Somkid still harbors prime ministerial ambitions, leveraging his strong economic record and connections.

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.