Italian-Thai Development appoints acting president as Premchai enters prison

Italian-Thai Development appoints acting president as Premchai enters prison

13 Sept 18:13 Key points summarised by AI

Italian-Thai Development's president, Premchai Karnasuta, began a 38-month prison sentence for poaching after the Supreme Court upheld his conviction.
The company appointed Thoranis Karnasuta as acting president, assuring stakeholders that operations remain unaffected due to a restructured organization led by senior executives.

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

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

Yesterday 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.

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