Trade war drives China’s investment in Asean to triple

13 Sept 06:53 Key points summarised by AI

The US-China trade war is a primary driver, compelling China to significantly increase its investment in ASEAN, with some Chinese industries already shifting production bases to the region.
China's investment in ASEAN is projected to more than triple to 16 trillion baht by 2035, establishing ASEAN as China's main overseas investment destination.
This increased investment is expected to boost total trade value between China and ASEAN by 22% and double Chinese tourist numbers to 72 million within the same period.

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.