Thai private sector urges govt to reach FTAs with more countries

23 Sept 02:46 Key points summarised by AI

Thai private businesses press the government to accelerate Free Trade Agreement (FTA) finalization with more countries to revive exports, which recently rebounded after ten months of decline.
Thailand currently lags behind other ASEAN nations in FTA numbers, prompting urgent calls to expedite negotiations, particularly with the European Union.
The Commerce Minister confirmed ongoing FTA negotiations with several European nations (Switzerland, Norway, Iceland, Liechtenstein), Canada, Turkey, Sri Lanka, and new markets like the Gulf Cooperation Council, Pacific Alliance, and African countries.
Beyond FTAs, the private sector also advocates for removing cross-border trade obstacles, streamlining bureaucracy, boosting retail, and exploring new export markets.

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.