Thai cabinet endorses draft agreements for nationals to work in Saudi Arabia

13 Sept 13:56 Key points summarised by AI

The Thai cabinet approved two draft agreements to facilitate the recruitment of Thai nationals for work in Saudi Arabia, signifying a major step in normalizing relations between the two countries.
These agreements will cover both general and domestic workers, ensuring they receive fair treatment and legal protection under Saudi laws.
Thailand's Labour Ministry and Saudi Arabia's Ministry of Human Resources and Social Development will jointly oversee recruitment processes, worker qualifications, wages, and welfare, holding job brokers accountable for compliance.
The five-year agreements, automatically renewable, require Thai workers to undergo health and criminal record checks, receive skills training, and comply with Saudi laws and cultural expectations.

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.