Export targets for 2020 to be proposed to Public-Private Sectors Committee

14 Sept 11:29 Key points summarised by AI

The Office of Trade Policy and Strategy will propose 2020 export targets in mid-January to the Joint Public-Private Sectors Committee, aiming to achieve a 2.8% economic growth rate.
Recommendations will detail specific Thai products and monthly export volumes, informed by demand assessments from 18 major trading partners, with a focus on outcompeting rivals.
Key export items for the year include rubber products, air-conditioners, fresh/frozen fruits, cosmetics, and animal feeds, targeting diverse international markets.
The unusually strong Thai baht poses a significant obstacle, particularly hindering the export performance of agricultural products.

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.