Cabinet agrees minimum wage increases

Cabinet agrees minimum wage increases

13 Sept 09:55 Key points summarised by AI

The Cabinet approved minimum wage increases ranging from 2-16 baht/day, effective January 1st, setting new rates between 330 and 370 baht across 77 provinces.
The wage committee will reconvene on January 17th to form a subcommittee, including representatives from key ministries, to re-evaluate and propose more appropriate minimum wages by the end of March.

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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