KRC estimates ฿45bn economic loss in a month from new COVID-19 outbreak

21 Sept 07:43 Key points summarised by AI

Kasikornthai Research Centre (KRC) projects a ฿45 billion economic loss within one month due to Thailand's second COVID-19 outbreak, which began in Samut Sakhon.
The estimate assumes no national lockdown and contained cluster infections, with significant financial hits to the fishery (฿13bn), New Year celebrations (฿15bn), and tourism (฿17bn) sectors.
Retailers and small traders also face unestimated losses as people reduce outdoor activities and travel, though prompt government containment could lessen the overall economic damage.

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.