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
Litre of diesel expected to increase to 35-36 baht from May 1
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Litre of diesel expected to increase to 35-36 baht from May 1
13 Sept 13:14Key points summarised by AI
Thailand's diesel price will rise to 35-36 baht per litre from May 1st, up from 30 baht, as the government lifts its price cap.
This initial increase represents only half the actual cost hike, with authorities planning a gradual, step-by-step adjustment to avoid an immediate 10-12 baht jump.
The government is developing measures to mitigate the impact, anticipating that higher diesel costs will drive up consumer product prices and transport charges, particularly affecting low-income earners.
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.