Japan beats Thailand to become Chinese tourists’ top choice

13 Sept 11:19 Key points summarised by AI

Japan has overtaken Thailand as the top destination for Chinese tourists during the Golden Week holiday, marking the first time Thailand has lost this status, according to Ctrip.com.
Around 7 million Chinese are projected to travel abroad this Golden Week, an increase from 6 million last year.
Thailand faces challenges, including a Chinese Embassy travel advisory for volatile weather and high sea waves in southern provinces, following a fatal boat accident in Phuket.
Despite these concerns and a recent assault incident at Don Mueang airport, hotel bookings by Chinese tourists in southern Thailand have returned to usual levels, prompting the Thai Prime Minister to boost tourist confidence.

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

20 Oct 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.