Thailand approves 218 formulae for cannabis, hemp-based cosmetics

13 Sept 08:27 Key points summarised by AI

The Thai Food and Drug Administration (TFDA) has approved 218 formulas for cannabis and hemp-derived cosmetics, enabling their domestic production.
The TFDA is streamlining the electronic application process for new formulas, aiming to complete approvals within three days to boost the value of these plants and increase local revenue.
Thailand's Ministry of Public Health legalized low-THC cannabis and hemp in cosmetics in January, permitting 15 types of ingredients exclusively for domestic companies, provided they meet maximum THC content limits.
All ingredients, such as leaves, branches, and seed extracts, must be sourced from local growers licensed for commercial cannabis or hemp cultivation.

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

Today 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.