AI In-Brief

Thailand News in Brief

Thai PBS World

Thailand and the world, every day

AI can make mistakes. Please double-check.

Thai GDP growth in 2019 is revised down from 2.8 to 2.5 percent: Kasikorn Research.

14 Sept 14:05 Key points summarised by AI

Kasikorn Research revises Thailand's 2019 GDP growth down to 2.5% from 2.8% and projects 2.7% for 2020, citing lackluster export performance, lower-than-expected investment, and delays in budget enactment.
Key challenges for 2020 include a stronger Thai Baht impacting manufacturing and potentially leading to job losses, a more severe drought threatening farm outputs, and an unrecovered property sector.
Despite economic headwinds, the tourism sector, a significant GDP contributor, is expected to continue thriving, though international tourist arrivals are projected to grow at a slower pace.

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.