Co-payment stimulus scheme has ended with ฿102bn spending in six months

14 Sept 02:24 Key points summarised by AI

Thailand's two-phase co-payment stimulus scheme concluded on March 31st, accumulating ฿102.065 billion in total spending over six months, with consumers contributing ฿52.2 billion and taxpayers ฿49.8 billion.
The program engaged nearly 14.8 million registered consumers, with a significant portion reaching their spending limits, successfully boosting domestic consumption in late 2020 and early 2021, despite identifying 85 cases of irregularities.

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.