Thai-Khmer MoU on joint undersea resources scheme deemed ‘unconstitutional’
By Thai Newsroom Reporters THE THAI-CAMBODIAN Memorandum of Understanding made in 2001 in regard to a joint undersea natural resources development scheme may be deemed “unconstitutional” and finally declared null and void by Thailand, said Palang Pracharath Secretary-General Paiboon Nititawan today (Nov. 7). Given a sustained controversy over the legitimacy of the MoU undersigned […]
Read MoreOfficials raid iCon Group office after investors ask for help
A TEAM from the Office of Consumer Protection Board (OCPB) raided the office of The iCon Group to check the products after some people filed complaints with police that they had lost hundreds of thousands and upto millions of baht after investing in this company, Amarin TV said today (Oct. 11). While reporters waited […]
Read MoreGovt funding for digital wallet project to be cut by 10%
By Thai Newsroom Reporters THE TOTAL FUNDING FOR the Pheu Thai-initiated digital wallet project may be cut by 10% to better cope with the government’s budget constraints, said Deputy Finance Minister Julapun Amornvivat today (July 10). The total amount of funding for the populist handout campaign may be slashed from 500 billion baht as […]
Read MoreDigital wallet project to go ahead despite Central Bank Governor’s objection
By Thai Newsroom Reporters THE MUCH-HERALDED 10,000-BAHT digital wallet project will certainly be implemented according to plan though Bank of Thailand Governor Sethaput Suthiwartnarueput has today (Apr. 24) made a contrarian remark on it, said a senior government official. Paopoom Rojanasakul, secretary-general to Prime Minister Srettha Thavisin in the latter’s concurrent capacity as finance […]
Read MorePheu Thai digital wallet project endorsed by all coalition partners
By Thai Newsroom Reporters THE PHEU THAI-INITIATED populist handout campaign, known as the 10,000-baht digital wallet project, today (Apr. 23) secured solid support from all coalition partners. In a press conference at Government House, Prime Minister Srettha Thavisin confirmed all coalition partners, namely the Bhumjaithai, Palang Pracharath, Ruam Thai Sang Chart, Prachachart and Chart […]
Read MoreGovt urged to reveal details of BAAC borrowing for digital wallet scheme
By Thai Newsroom Reporters THE GOVERNMENT WAS TODAY (Apr. 12) pressed to tell how long a sum of 172.3 billion baht in planned borrowing from the Bank for Agriculture & Agricultural Cooperatives (BAAC) to finance in part their 10,000-baht digital wallet project could be completely repaid. Move Forward MP Sirikanya Tansakun said the Pheu […]
Read MoreAll digital wallet funding to come from govt sources
By Thai Newsroom Reporters ALL FUNDING FOR the Pheu Thai-initiated, digital wallet handout campaign will directly come from government financial sources in lieu of the earlier-planned borrowing of loans from outside. An ad hoc government committee for the 10,000-baht digital wallet project, chaired by Prime Minister Srettha Thavisin who concurrently performs as finance minister, […]
Read MoreDigital wallet campaign to be carried out in third, fourth quarters
By Thai Newsroom Reporters THE PHEU THAI-INITIATED, 10,000-baht digital wallet campaign will be implemented in the third and fourth quarters of this year, confirmed Deputy Finance Minister Julapun Amornvivat today (Mar. 25). All Thai nationals aged 16 years and over as well as restaurant owners, store owners and vendors may register themselves for access […]
Read MorePita suggests Plan B be applied in lieu of digital wallet project
By Thai Newsroom Reporters FORMER MOVE FORWARD leader Pita Limjaroenrat today (Feb.10) suggested the Pheu Thai-led government prepare and apply Plan B in place of the much-heralded, highly contentious digital wallet project. Pita advised the government to put Plan B to work if the populist handout campaign, the implementation of which has already been […]
Read MorePM annoyed 10,000 baht digital wallet scheme stuck with graft-busters
PRIME MINISTER Srettha Thavisin said this morning (Feb. 3) at Don Mueang Airport before flying to Sri Lanka for an official visit that although the Thai people cannot wait any longer for the 10,000 baht digital wallet project to start, his government is still waiting for a recommendation from the National Anti-Corruption Commission (NACC), […]
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