NBTC board urged to ditch True-DTAC merger plan

13 Sept 13:47 Key points summarised by AI

Thailand's opposition Move Forward party is urging the National Broadcasting and Telecommunications Commission (NBTC) to block the planned merger between True Corporation and DTAC.
Expert panels formed by the NBTC have recommended stopping the merger, warning it could lead to market control and a significant increase in service fees, potentially 12-40%.
Despite these recommendations, the NBTC board has ordered more studies, stating the current findings are insufficient, before making a final decision on the merger.
Academics and consumer protection groups also strongly oppose the merger, fearing it will create a duopoly, foster unfair competition, and result in higher costs for consumers.

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

20 Oct 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.