The Srettha government prioritizes "economic diplomacy" to enhance Thailand's global bargaining power and foster balanced international relationships.
This strategy drives economic diversification into green economy, digitalization, and sustainable agriculture to generate new job opportunities.
Thailand will strengthen ties with key economic partners, both traditional and new, while prioritizing its neighbors and expediting Free Trade Agreement negotiations.
Economic diplomacy serves as a "spearhead" to navigate geopolitical challenges, lift Thailand from the middle-income trap, and align with universal democratic values.
The nation supports a strong, united ASEAN as a central forum for regional cooperation and peace.
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.