Can RM1,350 handout to citizens benefit Thailand’s economy and property market?

Thai Prime Minister Srettha Thavisin’s plan to stimulate the economy and consequentially prop up a flagging property market by ramping up government spending and boosting consumption has received mixed reactions from analysts.

The success or failure of the 60-year-old former real estate tycoon’s plan is likely to have a huge impact on Thailand’s property market, including foreign buyers from Hong Kong and mainland China.