Commerce Ministry confident of 3 percent export growth for 2019

13 Sept 19:45 Key points summarised by AI

The Commerce Ministry confidently forecasts 3% export growth for 2019, attributing it to an export stimulus package and easing US-China trade tensions, expecting stronger performance in the latter half of the year.
The Fiscal Policy Office has prepared new government stimulus measures focused on boosting private consumption, while also ensuring that delays in the 2020 budget disbursement will not impede economic growth by utilizing existing funds.

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.