Digital tokens to fund production of Thailand’s “Love Destiny 2” movie

23 Sept 07:36 Key points summarised by AI

Kubix Digital Asset plans to raise 265 million baht for the “Bupphesanniwat 2” (Love Destiny 2) movie through a public offering of its digital “Destiny Token.”
A total of 16,087 tokens will be offered to investors via an initial coin offering (ICO) portal, pending approval from Thailand’s Securities and Exchange Commission (SEC).
Investors are promised a 2.99% annual return over two years, with the rate potentially increasing to 5% if the movie grosses over one billion baht.
This initiative aims to involve fans in the production of the highly anticipated sequel and promote the Thai film industry, building on the original series' massive success.

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.