Gulf Energy CEO remains Thailand’s richest man for 5th consecutive year

13 Sept 12:56 Key points summarised by AI

Sarath Ratanavadi, CEO of Gulf Energy, maintains his position as Thailand's richest man for the fifth consecutive year, with a net worth of 190.8 billion baht, primarily from his substantial shareholdings in Gulf Energy.
Despite a 12.86% decrease in his net worth since the previous year, Ratanavadi has consistently held the top spot in terms of shares in listed companies since 2000.
The list of Thailand's wealthiest individuals also features Niti Osathanugrah in second place with 61.7 billion baht and Dr. Prasert Prasarttong-Osoth in third with 57 billion baht, both experiencing shifts in their net worth.

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.