China applies to join Pacific trade pact to boost economic clout

China applies to join Pacific trade pact to boost economic clout

13 Sept 10:40 Key points summarised by AI

China formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling its intent to bolster economic influence.
This application follows China's signing of the RCEP agreement and comes as CPTPP members, like Japan, emphasize the pact's high standards for new entrants.

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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