Economic news

Thailand approves soft loans worth $1.58 billion to boost property market

2024.11.12 01:08

BANGKOK (Reuters) – Thailand’s cabinet approved soft loans worth 55 billion baht ($1.58 billion) to boost the property sector, a deputy finance minister said on Tuesday.

© Reuters. FILE PHOTO: Bangkok's skyline photographed during sunset in Bangkok, Thailand, January 4, 2023. REUTERS/Athit Perawongmetha/File Photo

The loans are for buying, decorating, repairing and building houses, Paopoom Rojanasakul said.

($1 = 34.7100 baht)



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