Over 37,000 informal debtors register for help in just 2 days

13 Sept 10:56 Key points summarised by AI

Over 37,500 informal debtors registered for state assistance in two days, collectively owing approximately Bt1.5 billion to nearly 20,000 creditors.
Bangkok led with the highest number of applications, followed by Songkhla, Nakhon Si Thammarat, Nakhon Ratchasima, and Samut Prakan.
Officials urge more debtors to apply in person or online, assuring confidentiality and legal protection against creditor harassment.
The Pheu Thai-led government prioritizes informal debt settlement, with total informal debt estimated at a minimum of Bt50 billion.
A proposal to reduce interest rates on small loans (under Bt5,000) at state-run pawn shops will be presented to the cabinet.

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.