Thai government urged to brace for goods price spike in May

Thai government urged to brace for goods price spike in May

13 Sept 11:52 Key points summarised by AI

The Thai government is advised to prepare for a 5-10% surge in goods prices in May as diesel subsidies end, prompting cargo transporters to raise charges.
Cargo operators anticipate increasing transport fees by 15-20% if diesel prices exceed 30 baht/litre, with a 3% hike for every 1 baht increase, directly impacting consumer costs.

New home loan scheme aims to boost property sector with Bt125 billion

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.

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