Thai export growth expected to be lowest in four years

13 Sept 11:52 Key points summarised by AI

Thai export growth is projected to hit a four-year low of 0.5-1%, a significant drop from earlier forecasts.
The primary factors contributing to this decline are the escalating US-China trade war and the impending Vietnam-EU Free Trade Agreement (FTA).
The US-China trade war creates mixed impacts, with some Thai exports like fruits expanding while others such as rubber products and computer accessories may contract.
The Vietnam-EU FTA is expected to negatively impact Thai exports to the EU, potentially causing a 21.5 billion baht loss this year and affecting sectors like garments and machinery.

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.