Government’s 400 billion baht in soft loans may save 6 million Thai jobs - NESDB

Government’s 400 billion baht in soft loans may save 6 million Thai jobs - NESDB

23 Sept 03:42 Key points summarised by AI

The Thai government's 400 billion baht soft loan fund is projected to save 6 million jobs, significantly reducing the 8.4 million workers initially at risk due to COVID-19's impact on businesses.
This crucial initiative aims to bolster Small and Medium Enterprises (SMEs) and stimulate the economy, addressing the rising household debt and non-performing loans that indicate growing economic strain.

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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