Suspected drug couriers killed in Phetchaburi; half a tonne of Ice seized
New home loan scheme aims to boost property sector with Bt125 billion
Tourism revenue next year may drop by 50 billion baht as growth target missed
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Tourism revenue next year may drop by 50 billion baht as growth target missed
13 Sept 14:26Key points summarised by AI
Thailand anticipates a 50 billion baht decline in next year's tourism revenue, missing its 11.5% growth target for arrivals, largely due to a significant drop in Chinese tourists.
The downturn is attributed to recent negative incidents, including a fatal boat accident and an airport assault involving Chinese visitors, prompting the government to consider visa-on-arrival fee waivers to boost tourism.
New home loan scheme aims to boost property sector with Bt125 billion
20 Oct 11:38Key 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.