Ageing society changes landscape of economy and investment opportunity

13 Sept 12:42 Key points summarised by AI

Thailand is officially an aged society, with 20% of its population over 60, and is projected to become a super-aged society within a decade, leading to a significant decrease in the working population and slower economic growth.
The shift to a low-growth, low-inflation economy in Thailand necessitates a change in investment strategies, with experts recommending a move from traditional stock market investments towards the bond market, particularly government bonds, for better returns and stability.
New investment opportunities are emerging as the government plans to issue more savings and normal government bonds to finance budget deficits, alongside the introduction of the "Thailand ESG Fund" to promote sustainable investments with tax incentives for long-term investors.

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.