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Thailand’s private sector tells government – ‘No more lockdown restrictions’

15 Sept 06:31 Key points summarised by AI

Thailand's private sector committee urges the government to cease further lockdown restrictions, instead prioritizing accelerated vaccinations to cover 70% of the population before fully reopening borders.
The committee proposes increasing the public debt ceiling from 60% to 70-80% of GDP, aiming to inject 700 billion to 1.5 trillion baht to stimulate economic recovery and employment.
Further recommendations include extending credit risk guarantees for SMEs up to 70-100% and improving investment conditions to promote foreign direct investment.

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.