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Thai telecom regulator worried about True-Dtac tie-up but cannot prevent it

17 Sept 07:09 Key points summarised by AI

Thailand's telecom regulator (NBTC) expresses concern that the True-Dtac merger could lead to price collusion and unfair spectrum auction bidding.
The NBTC admits it lacks the power to prevent the merger but plans to issue regulations and collaborate with other commissions (SEC, TCC) to address potential issues.
The proposed US$8.6 billion joint venture between True (owned by CP Group) and Dtac (majority-owned by Telenor) aims to create Thailand's new leading telecom and tech entity.
Consumer groups also voice strong concerns, urging the NBTC to ensure customer protection regarding future service fees and market competition.

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.