PM says he wants Thailand to be strategic partner with Germany

13 Sept 06:35 Key points summarised by AI

Thailand's Prime Minister Prayut Chan-o-cha expressed a strong desire for Thailand to become a strategic partner with Germany, emphasizing their 150-year alliance and Germany's inspiration for Thailand's 4.0 industrial development.
The proposed partnership focuses on economy, research and development, and human development, with a shared goal to increase two-way trade to an estimated 15 billion Euro by 2020.
German Chancellor Angela Merkel acknowledged the long-standing bilateral relationship and cooperation, expressing satisfaction with Thailand's positive political development and wishing success for its forthcoming election.

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.