Thais are not cashless, yet

13 Sept 11:49 Key points summarised by AI

**Cash Dominates**: Despite the proliferation of advanced e-payment options and FinTech innovations, most Thais continue to favor cash for daily transactions, citing trustworthiness.
**Slow Digital Shift**: In 2017, 93% of Thai transactions were cash, and while e-payment adoption is growing, particularly among youth, its overall impact on reducing cash demand remains limited.
**Banking Adapts**: Financial institutions are responding to evolving customer preferences by closing bank branches and seeing the first-ever decline in ATM numbers, indicating a gradual, yet significant, shift towards digital banking.

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.