Thai and Dutch diplomats focused on Thai-EU FTA by year’s end
New home loan scheme aims to boost property sector with Bt125 billion
Government agencies ordered to pay ฿9.6bn compensation over Klong Dan project
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Government agencies ordered to pay ฿9.6bn compensation over Klong Dan project
14 Sept 02:44Key points summarised by AI
Thailand's Supreme Administrative Court ordered the Pollution Control Department (PCD) and Finance Ministry to pay 9.6 billion baht compensation for the corruption-plagued Klong Dan waste water treatment project.
The court rejected the government's appeal for a retrial, citing a lack of new evidence and ruling that the Finance Ministry was not a party to the original legal conflict.
This final ruling mandates the government to compensate the NVPSKG consortium, upholding an earlier arbitration committee's decision.
The controversial Klong Dan project, approved in 1995 as potentially Asia's largest treatment plant, was marred by malfeasance, leading to convictions of former Deputy Interior Minister Vatana Asavahame and other officials.
New home loan scheme aims to boost property sector with Bt125 billion
Today 11:38Key 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.