What’s behind the steep jump in pork prices?

1 Oct 14:12 Key points summarised by AI

Pork prices dramatically escalated due to a severe swine epidemic that decimated production by 30-40% over two years, creating significant supply shortages.
Soaring production costs, primarily from record-high animal feed prices (60-70% of total cost), coupled with previous government policies, forced many small farmers out of business.
A drop in swine production combined with a rebound in demand post-COVID-19 lockdowns further exacerbated the price increases, forcing some small businesses to shut down.
The government imposed a three-month live pig export ban and offered soft loans to stabilize supply, while facing accusations of concealing the spread of African Swine Fever.

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.