BANGKOK, 1 June 2019 (NNT) – Good news for low-income persons looking for accommodation. The National Housing Authority is accepting reservations for units in phase 2 of the Million Housings project starting from 370,000 baht. Current clients with a good payment histor, and National Savings Fund members may receive a 5% rent discount.

The National Housing Authority (NHA) Governor Tachaphol Kanjanakul said today regarding the Million Housings project by the Government Housing Bank (GHB) that the bank has approved loans for some 5,000 clients in the first phase of the project, with 345 persons being NHA clients. The bank is working to verify other loan requests, and is set to make decisions on all requests in July. Afterwards, the bank will start accepting registration for units in the project’s second phase in September.

Available housing units in the second phase include two-storied houses, two-storied twin houses, two-storied town houses, and 3 to 5-story condominium buildings in Bangkok and neighboring provinces. The units will be on sale starting from 374,000 baht. Property transfers and mortgage fees will be reduced to 0.01% to help low-income earners.

Eligible persons currently renting or purchasing housing units by the NHA in 337 projects, who are also members of the National Savings Fund, will receive a 5% monthly rent discount. This offer is aimed at promoting National Savings Fund membership where members will develop better savings and spending plans, which will help them achieve a better and more secure livelihood.

Source link

Increasing air pollution in Thailand caused by hazardous particulate matter known as PM2.5 has led many people to ask where this threat is coming from.

According to several respected scholars and a study by the Pollution Control Department, diesel vehicle fuel exhaust emissions is one of the main causes. (Another is the burning of forest under-growth and agricultural clearing).

 PM2.5 is a mixture of liquid droplets and solid particles that can include dust, soot and smoke. It is one of the main pollutants included in the Air Quality Index measure of threats to health. A reading of below 30 is safe; above 150 is considered unhealthy.           

A number of proposals have been made for long-term solutions to the problem of pollution caused by vehicle emissions. They include the raising of taxes on vehicles responsible for greater levels of pollution and the promotion of policies to support the development of clean energy vehicles, including electric vehicles as an “alternative” to the internal combustion engine.           

Government has made policy moves in this…

Read the complete story on Thailand Business News

BANGKOK, 1 June 2019 (NNT) – The Department of Foreign Trade has been promoting innovative agricultural products development through the Institute for Agricultural Product Innovation. Now, with some 700 new products developed, the institute is ready to join hands with major retailers to sell these products to customers.

Some 60 innovative agricultural products, including foods and non-food health and beauty products, have been selected by the Agricultural Product Innovation (APi) from 16 manufacturers and are now featured at APi Festival at Big C event at Big C Ratchadamri shopping center in Bangkok to expand marketing opportunities for these products at modern shopping centers, and raising the awareness of these products among Thai people and tourists. A similar event is also being held at Big C Ratchada shopping center from now until 13 June.

The Department of Foreign Trade Director General Adul Chotinisakorn revealed the department is planned to hold similar events in June and July at Central Festival shopping centers in tourism provinces, namely Chonburi, Chiang Mai, and Phuket, to introduce innovative agricultural products to international customers, showing the quality and standard of Thai innovative farm products on par with those imported from foreign countries, and can meet the needs of modern lifestyle well.

Source link

BANGKOK, 30 May 2019 (NNT) – Following the implementation of the loan-to-value (LTV) regulation since April this year, mortgage lending has shown signs of slowing down.