Thailand drops to 4th largest global rice exporter

Thailand drops to 4th largest global rice exporter

13 Sept 18:48 Key points summarised by AI

Thailand's rice exports significantly decreased by 24.5% in 2020, totaling 5.72 million tonnes and positioning the country as the world's fourth-largest exporter.
The primary factors for this decline include a shortage of shipping containers, escalating sea freight charges, and the higher price of Thai rice compared to its global competitors.

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

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

20 Oct 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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