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Ride-hailing services enter uncharted territory after new regulations take effect

13 Sept 11:15 Key points summarised by AI

Thailand introduces new regulations legalizing ride-hailing services via apps, allowing personal cars to operate as taxis to address previous unregulated issues.
Operators and drivers must meet stringent requirements, including ministry registration, public-car driver licenses, criminal record checks, and specific car age and insurance mandates.
The new rules establish a tiered priority system for passengers, favoring public taxis, followed by electric cars and personal vehicles, alongside a revised fare structure.
While experts support the government's move to regulate the sector, concerns are raised about potential conflicts in provincial areas and the long-term welfare of drivers amidst post-COVID-19 economic uncertainties.

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.