Fifth phase of co-payment stimulus being studied, travel subsidies extended

13 Sept 23:25 Key points summarised by AI

Prime Minister Prayut Chan-o-cha is evaluating a fifth phase of the 50-50 co-payment stimulus, citing a depleted national budget and the significant 40-50 billion baht cost for a broad extension.
Thailand extends its "We Travel Together" domestic tourism subsidy until September, adding one million entitlements and a 4 billion baht budget for 40% hotel room discounts.
The "Tour Tiew Thai" program, supporting travel agents with 40% discounts on package tours, also sees an extension until September for its remaining 130,000 entitlements.

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.