Thai exports in January reach three-year high

14 Sept 08:24 Key points summarised by AI

Thai exports soared to a three-year high in January, growing 8% year-on-year to US$21.25 billion, fueled by increased global demand and economic recovery.
Imports concurrently rose by 20.5% to US$23.78 billion, largely due to higher energy prices and raw material imports, resulting in a US$2.52 billion trade deficit.
The Commerce Ministry assessed that the Ukraine conflict will have minimal direct impact on overall Thai exports, though potential challenges include energy price increases and sea port closures.
Thailand plans to proactively explore new export markets in regions like the Middle East, Latin America, or Africa if the conflict in Ukraine persists.

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

Today 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.