Economic ministers approve new stimulus package

Economic ministers approve new stimulus package

14 Sept 01:56 Key points summarised by AI

Thai economic ministers approved a new stimulus package featuring a 1,000 baht cash handout for two consecutive months.
Aimed at low-income earners, farmers, and independent professionals, the package seeks to mitigate impacts from the economic downturn and coronavirus.

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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