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Business

Third phase 10,000-baht cash handout put off indefinitely

  THE third phase of the 10,000-baht cash handout has been indefinitely delayed but the Economic Stimulus Policy Committee said this postponement is not related to not having sufficient money to cover the scheme, Thai Rath newspaper said this evening (May 19) Prime Minister Paetongtarn Shinawatra, who chaired the committee’s meeting today, was asked by […]

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Business

Cabinet approves handouts, minimum wage increase and tax breaks, PM says

  By Reuters and published by CNA THAILAND’S Cabinet today (Dec. 24) approved new minimum wage increases from January, tax breaks to boost spending and the second phase of the government’s signature handout scheme, the prime minister said. Paetongtarn Shinawatra also told reporters she hoped for economic growth of more than 3 percent next year. […]

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Local News

Nearly 6 million Isaan villagers entitled to 10,000-baht cash handout

  By Thai Newsroom Reporters NEARLY SIX MILLION ISAAN villagers have constituted the largest number of “fragile” people entitled to the Pheu Thai-led government’s 10,000-baht cash handout each. According to Fiscal Policy Office chief Pornchai Thiravet, a total of 14.55 million “fragile” people in all regions of the country have been entitled to the 10,000-baht […]

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Local News

PM refuses to confirm phase 2 cash giveaway being slashed to 5,000 baht

  PRIME MINISTER Paetongtarn Shinawatra refused to confirm news circulating today (Sep. 27) that the second phase of the 10,000 baht cash handout will be slashed by half to 5,000 baht, Amarin TV said. Questioned by reporters at Government House about second phase’s cash giveaway to over 30 million people being cut to 5,000 baht, […]

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Local News

Police guarding banks to stop loan sharks from grabbing 10,000 baht handout

  WITH all police stations nationwide being alerted to guard banks where “fragile” groups of people are withdrawing 10,000 baht handout from last Wednesday (Sep 25) after finding out that loan sharks were waiting there to grab the money, a Maha Sarakham police team has tightened security at the Bank for Agriculture and Agricultural Cooperatives […]

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Local News

10,000-baht grant for farmers not deductible from BAAC loans

  By Thai Newsroom Reporters A SUM OF 10,000 BAHT in grant for each farmer will be provided in full and non-deductible to debt which they may owe to the Bank for Agriculture & Agricultural Cooperatives (BAAC), confirmed Deputy Finance Minister Julapun Amornvivat today (Sep. 25). Under the Pheu Thai-initiated populist handout campaign, those farmers […]

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Local News

People warned of legal action if they cash in on digital wallet

  By Thai Newsroom Reporters PEOPLE ARE STRONGLY advised to never literally cash in on their digital wallet, albeit in return for a reduced sum of money, otherwise legal action will definitely be taken against them. Deputy Finance Minister Julapun Amornvivat today (Aug. 1) suggested all eligible recipients to the Pheu Thai-initiated populist handout campaign […]

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Local News

Only 43 billion baht in Central Fund to finance digital wallet project

  By Thai Newsroom Reporters NO MORE THAN A SUM OF 43 billion baht will be withdrawn from the government’s Central Fund for the current fiscal year to partly finance the digital wallet project, confirmed Prime Minister’s Office Minister Jakapong Sangmanee today (July 12). Jakapong contended that not as much as 100 billion baht to […]

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Local News

Most entrepreneurs want cash not digital wallet in 10,000-baht handout scheme

  By Thai Newsroom Reporters MOST SMALL- AND MEDIUM-SIZED entrepreneurs would prefer the much-heralded, yet-delayed populist handout project use cash rather than digital wallets as planned by the ruling Pheu Thai, according to Office of Small and Medium Enterprise Promotion acting director-general Panita Shinawatra. Panita, a niece of de facto Pheu Thai boss Thaksin Shinawatra, […]

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Business Local News

PM reassures digital wallet project will be implemented

  By Thai Newsroom Reporters PRIME MINISTER SRETTHA Thavisin today (Oct.6) reassured that he will definitely go ahead with the government’s digital wallet handout project despite dissent from academics. The prime minister said he has already resolved to implement the Pheu Thai campaign-promised populist project and will certainly not change his mind about it whilst […]

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