Cabinet approves ฿1.4bn to fund discounted necessities for 90 days

13 Sept 09:49 Key points summarised by AI

The Thai cabinet approved 1.48 billion baht to fund a 90-day program offering discounted essential goods nationwide.
This initiative aims to combat the surging prices of food ingredients, including pork, chicken, and eggs, which have reached record highs due to shortages and increased costs.
The program will distribute goods through 3,000 retail outlets and 50 mobile units, ensuring widespread access to affordable necessities.
It serves as an extension of the Commerce Ministry's existing "Thong Fah" project, which provides consumer items at below-market prices.

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.