Central bank plays down baht appreciation to under ฿30 to US$1

Central bank plays down baht appreciation to under ฿30 to US$1

13 Sept 12:15 Key points summarised by AI

The Bank of Thailand (BoT) dismisses the baht's recent strengthening below ฿30/US$1 as temporary, attributing it to unusual year-end business transactions rather than fundamental economic shifts.
BoT Deputy Governor Methi Supapong noted the average exchange rate remained above ฿30/US$1 and expects reduced volatility after the New Year holidays as market liquidity normalizes.

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

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

20 Oct 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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