Labour ministry to raise minimum wage to Bt400 max by December

Labour ministry to raise minimum wage to Bt400 max by December

24 Sept 04:52 Key points summarised by AI

The Labour Ministry is considering increasing the minimum wage to a maximum of 400 baht per day by December, up from the current range of 328-354 baht.
The specific wage hike will be decided by a tri-partite committee, factoring in provincial economic conditions, inflation, and the need to maintain competitiveness with other ASEAN countries.

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

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

Yesterday 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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