It's time for US to do more business in Thailand : Thai PM

23 Sept 03:41 Key points summarised by AI

Thai PM Srettha Thavisin urged US businesses to boost investment, highlighting Thailand's renewed focus on economic competitiveness and position as a leading investment destination.
The government plans to implement a progressive stimulus package, including a $16 billion digital wallet scheme, to inject capital and drive the economy forward.
Thailand commits to sustainable and inclusive growth, prioritizing the green economy, energy transition, and ambitious goals for carbon neutrality by 2050 and net-zero emissions by 2065.
Efforts include speeding up FTA negotiations, creating a more conducive investment climate through regulatory reforms, and offering attractive packages for foreign investors via BOI and EEC.
Bilateral trade with the US has already rebounded robustly, exceeding $65 billion last year, with the US reclaiming its position as Thailand’s second-largest trading partner.

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

Yesterday 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.