Consumer confidence index drops for first time in four months

20 Sept 00:51 Key points summarised by AI

Consumer confidence saw its first decline in four months in September, attributed to a drop in Chinese tourist arrivals, rising oil prices, falling farm product prices, and growing concerns over the US-China trade war.
The ongoing decrease in Chinese tourists is expected to impact tourism businesses until November, while escalating oil prices and trade tensions could prompt government action, such as reducing diesel excise tax, despite a projected annual economic growth of 4.5-4.6%.

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.