New livestream business model sparks fierce debate, backlash

14 Sept 05:30 Key points summarised by AI

A new livestreaming business model enables traders to sell products directly from wholesale markets using only a smartphone, circumventing the need for upfront capital and inventory.
This innovative method has ignited a fierce debate and backlash among some store owners, who fear the exposure of wholesale prices will harm traditional retail partners operating on slim margins.
Conversely, other shop owners embrace livestreaming as a potential sales booster during economic downturns, highlighting a significant divide within the retail community regarding its benefits and drawbacks.

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.