Private sector wants digital wallet scheme launch next April - Sanan

21 Sept 03:49 Key points summarised by AI

Leading private sector figures, including Sanan Angubolkul and Kriangkrai Thiennukul, urge the government to launch the digital wallet scheme by April next year to inject cash and stimulate the Thai economy.
The call for urgent economic stimulus is driven by growing global economic uncertainty, potential impacts on Thai exports from international conflicts, and revised forecasts showing declines in exports and tourist arrivals.
Business leaders propose utilizing the existing 'pao tang' application for disbursing the digital wallet funds to save costs and time, while also suggesting the scheme should target those genuinely in need.
Despite strong support for the scheme, the private sector emphasizes the need for the government to cautiously consider funding sources and ensure the project fully complies with legal requirements.

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.