property

Thailand approves soft loans worth US$1.58bil to boost property market

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

The loans are for buying, decorating, repairing and building houses, Paopoom Rojanasakul said. (US$1 = 34.7100 baht)

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