True, Dtac in talks over merger in Thailand

13 Sept 08:30 Key points summarised by AI

Norway's Telenor (Dtac) and Thailand's Charoen Pokphand Group (True) are exploring a merger of their respective telecom units in Thailand.
This potential deal aims to create a new market leader in the country, projected to hold approximately 52% of the domestic market share, surpassing current leader AIS.
The merger aligns with Telenor's strategy to reduce risk and unlock value from its Asian operations, addressing industry pressures from rising 5G investment costs and profit challenges.

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.