Gulf Energy, Binance to explore setup of digital assets exchange in Thailand

13 Sept 15:31 Key points summarised by AI

Thailand's Gulf Energy Development (GULF) and Binance, the world's largest digital assets exchange, have signed an MoU to explore establishing a cryptocurrency exchange in Thailand.
GULF recognizes the significant growth in cryptocurrency use and the potential of digital assets to enhance the country's financial infrastructure.
This collaboration aims to combine GULF's business development expertise with Binance's global leadership and trading volume to drive the development of a robust digital assets ecosystem in Thailand.

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.