Thai government urged to restrict exports of maize and soybean meal

23 Sept 06:55 Key points summarised by AI

The Thai Feed Mill Association urges the government to restrict exports of maize and soybean meal to alleviate domestic shortages for animal feed production.
Despite local animal feed producers relying on imports for up to 95% of raw materials, the Commerce Ministry permits free export, with significant volumes shipped last year.
Global supply chain disruptions, exacerbated by the war in Ukraine, have made it harder and more expensive for Thai producers to secure essential raw materials.
Rising animal feed prices are increasing production costs for pig, chicken, and egg farmers, leading to higher consumer prices for these products.

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.