Why Thailand is not labeled a currency manipulator by the US?

14 Sept 01:41 Key points summarised by AI

Thailand avoided the US currency manipulator watchlist because it met only one of the three US criteria: a current account surplus exceeding 2% of GDP.
It narrowly missed the trade surplus criterion (USD 19 billion vs. USD 20 billion limit) and did not meet the foreign currency purchase threshold, preventing its inclusion.
Despite current exclusion, Thailand remains at risk due to its near-limit trade surplus with the US and the inclusion of other ASEAN nations on the watchlist, signaling future scrutiny.
Economists advise close monitoring of US Treasury developments and advocate for exploring new markets and FTAs to mitigate potential future trade pressures.

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.