Commerce ministry places 3-month ban on export of live pigs from Thailand

13 Sept 23:16 Key points summarised by AI

Thailand's Commerce Ministry implemented a three-month ban on live pig exports, effective immediately, to mitigate soaring domestic pork prices exceeding 200 baht/kg.
The ban aims to redirect approximately one million pigs, originally intended for export, to the local market, supplementing the existing supply that has been reduced due to disease.
New measures require large pig farmers, wholesalers, and cold storage facilities to report stock levels weekly, while vendors must display prices to prevent overcharging and potential profiteering.
The Livestock Development Department is tasked with promoting pig farming through incentives and easier access to loans, ensuring sufficient future stock for both local consumption and export.

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.