Impacts from government’s economic stimulus package minimal: NIDA Poll

13 Sept 13:47 Key points summarised by AI

A NIDA Poll reveals widespread public skepticism, with over 58% of respondents believing government economic stimulus measures will have minimal or negative impacts on the Thai economy.
Most respondents (64.35%) do not expect domestic spending or e-tax schemes to increase their personal expenditure.
Experts and the business sector concur, arguing that specific measures (e.g., property incentives) are ineffective due to market realities, and overall confidence hinges on political stability and global trade, not current stimulus.
Business leaders are developing new economic guidelines for the incoming government, anticipating more impactful policies in the second half of the year.

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

Today 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.