Thai private sector concerned that protests may affect investor confidence

1 Oct 02:42 Key points summarised by AI

Thailand's private sector expresses apprehension that escalating political conflicts could undermine foreign and local investor and consumer confidence.
Business leaders urge the government and protest leaders to resolve their differences through negotiation to prevent economic disruption.
While current peaceful protests have limited immediate economic impact, experts caution that an escalation could impede the nation's ongoing economic recovery.
Despite a projected 6% economic decline in 2020, a return to positive growth is anticipated for early 2021, with a potential 4% growth rate next year.
The Ratsadon group plans further rallies to press demands for the Prime Minister's resignation, a new Constitution, and monarchy reform.

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.