Thai and Dutch diplomats focused on Thai-EU FTA by year’s end
New home loan scheme aims to boost property sector with Bt125 billion
Concerns raised over possible lockdown after Thailand detects first Omicron case
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Concerns raised over possible lockdown after Thailand detects first Omicron case
13 Sept 10:44Key points summarised by AI
Thai businesses, particularly restaurants, express strong concerns that new COVID-19 lockdowns, following the detection of the first Omicron case, could severely reverse their recent economic recovery.
Industry leaders, including the FTI Chairman, advocate against panic and border closures, emphasizing the necessity to adapt and 'live with the virus' to safeguard the slowly improving economy.
The tourism sector is already feeling the impact, with some international trips being rescheduled or cancelled due to the Omicron variant's spread, adding to the economic uncertainty.
New home loan scheme aims to boost property sector with Bt125 billion
Today 11:38Key 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.