Thailand’s second quarter growth rate lowest in 19 quarters

Thailand’s second quarter growth rate lowest in 19 quarters

13 Sept 11:08 Key points summarised by AI

Thailand's Q2 economic growth registered a 19-quarter low at 2.3%, down from 2.8% in Q1, signaling a critical need for prompt government action to prevent further economic deterioration.
Economic recovery in the latter half of the year depends on achieving at least 3% export growth, over 20 million tourist arrivals, and a 2.9% increase in private investment, amidst global economic fluctuations and trade tensions.

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

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

Yesterday 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.

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