Six injured after car smashes into On Nut shopping mall
New home loan scheme aims to boost property sector with Bt125 billion
International airlines return 80% of their airport slots in Thailand for the next five months
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International airlines return 80% of their airport slots in Thailand for the next five months
14 Sept 02:58Key points summarised by AI
International airlines have relinquished 80% of their airport slots at Thailand's six international airports for the next five months (Oct 31 - Mar 26), signaling persistent uncertainty in the aviation sector.
This includes a complete surrender of slots at Don Muaeng and 70% at Suvarnabhumi, as reported by Airports of Thailand (AOT) managing director Nitinai Sirisamatthakarn.
Despite a severe downturn from July to September (50 daily arrivals), Thailand's aviation sector saw an improvement to 30,000 daily arrivals after eased travel restrictions in October.
AOT recorded 11 billion baht in operational losses for the first nine months of the year, with a projected 10 billion for the full year, though a gradual recovery is expected over the next two years.
New home loan scheme aims to boost property sector with Bt125 billion
20 Oct 11:38Key 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.