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
Thailand’s economic growth forecast at 3.6% this year despite political uncertainty
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Thailand’s economic growth forecast at 3.6% this year despite political uncertainty
13 Sept 11:55Key points summarised by AI
Thailand's central bank projects a 3.6% economic growth for 2023 and 3.8% for 2024, maintaining confidence despite current political uncertainties.
However, delays in forming a new government could impact the 2024 national budget and major project investments; the central bank warns of potential economic slowdown if political instability becomes prolonged or violent.
New home loan scheme aims to boost property sector with Bt125 billion
Yesterday 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.