18-July-2024
Economy News
 
Thai Finance Minister Says Economy Not Good, Wants Relaxed Mortgage Rules
10-Jul-2024

Thailand's economy is not good and the property sector needs urgent support due to weak demand and rising bad loans, the country's finance minister said on Wednesday. The government was working to lift economic growth to 3% this year from current projections of about 2.5%, Pichai Chunhavajira told a business seminar, adding growth was low compared with rates of close to 6% in the past.

News Source:- https://money.usnews.com/investing/news/articles/2024-07-09/thai-finance-minister-says-economy-not-good-wants-relaxed-mortgage-rules