Govt steps in to spur economy

Two key economy-related state agencies have taken drastic measures to curb the impacts from the US-China trade war as the Thai economy slows.

The Finance Ministry is pressing state enterprises to inject 130 billion baht into their investment projects by the end of this year, while the central bank has surprised observers by shaving the policy interest rate by 25 basis points, the first cut in almost four years.

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Wichit Chantanusornsiri & Aekarach Sattaburuth