Finance Ministry plans more tourism stimuli to boost rural economies

13 Sept 19:47 Key points summarised by AI

Thailand's Finance Ministry is considering extending the "Thiew Pan Sook" tourism program to cover community and agriculture-based tourism, aiming to stimulate rural economies.
The government plans to provide soft loans to tourism operators and airlines to improve liquidity and prevent business closures amidst the global economic slump.
Deputy Prime Minister Somkid Jatusripitak instructed the NESDB to fast-track 400 billion baht economic rehabilitation projects, prioritizing job creation in rural areas for Thais returning home due to business closures.
Additional measures include developing credit guarantees and extending debt repayment periods for small and medium-sized enterprises (SMEs) to support their stability.

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

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.