President Xi stresses economic cooperation with Thailand

13 Sept 09:41 Key points summarised by AI

President Xi Jinping held phone talks with Thailand's Prime Minister Prayut Chan-o-cha, emphasizing deepened economic and trade cooperation and continued joint efforts in combating the pandemic.
Xi highlighted the robust foundation and significant potential of Sino-Thai relations, noting sustained growth in bilateral trade despite the epidemic and China's commitment to consolidating regional unity.
Prime Minister Prayut affirmed Thailand's desire to strengthen friendship, expand cooperation in economy, trade, innovation, and poverty alleviation, and advance the Belt and Road Initiative with China.

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.