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15 million ‘fragile’ people to get cash in lieu of digital wallet

  By Thai Newsroom Reporters AN ESTIMATED 15 MILLION Thai nationals will likely be granted 10,000 baht in cash each in lieu of a digital wallet with the same amount under a new Pheu Thai-led government, a partisan source said today (Aug. 21). Officially categorised as “fragile” groups of people, the 14.98 million people nationwide […]

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Business Local News

100,000 small-sized merchants have so far offered to join digital wallet project

  By Thai Newsroom Reporters NO LESS THAN 100,000 small-sized retailers and vendors so far have reportedly agreed to join the Pheu Thai-initiated digital wallet project, said Deputy Finance Minister Julapun Amornvivat today (Aug. 8). Julapun said he believed many more grocery retailers, food and beverage vendors and restaurant owners in addition to the estimated […]

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Business Local News

Digital wallet project sales figures not being sent to Revenue Dept

  By Thai Newsroom Reporters NO SALES VALUES OF merchandise traded under the Pheu Thai-initiated digital wallet project will be eventually accessed by the Revenue Department as widely feared by retailers and vendors anywhere, according to Deputy Finance Minister Julapun Amornvivat. The total sales values of goods to be sold by retailers and vendors ranging […]

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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

Digital wallet project would not make Pheu Thai a very popular party: Academic

  By Thai Newsroom Reporters THE MUCH-HERALDED, YET-DELAYED, Pheu Thai-initiated digital wallet handout campaign would not help maintain much of partisan popularity, let alone promote it, among millions of people nationwide when it comes to their going to the polls next time around, according to an academic critic. Pornchai Theppanya, former dean of Ramkhamhaeng University’s […]

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Local News

More categories Of Goods Provided Under Digital Wallet Project

  By Thai Newsroom Reporters MORE CATEGORIES OF merchandise are provided for people to buy under the Pheu Thai-initiated digital wallet project as of the start of the fourth quarter of this year, according to the Digital Government Development Agency. The newly-established DGA today (July 24) issued a statement to add supplementary categories to the […]

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Business Local News Property

99-year land lease to foreigners, digital wallet scheme will harm the country: Jatuporn

  A FORMER MP/Red Shirt leader Jatuporn Prompan warned that allowing foreigners to lease land for 99 years because they have so requested would only benefit real estate companies that are unable to sell 1.3 million condo units, TV Channel 7 said today (July 12). Prime Minister Srettha Thavisin recently moved to relax property regulations […]

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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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Business Local News

Digital wallet project could probably turn from crisis to catastrophe: Pita

  By Thai Newsroom Reporters MOVE FORWARD MP PITA Limjaroenrat today (July 11) cautioned that the much-heralded, long-delayed digital wallet project could probably be aggravated from a crisis to a catastrophe. During today’s House floor interpellations, the former Move Forward leader said the Pheu Thai-initiated populist handout campaign might probably turn the sustained financial crisis […]

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Business Local News

Govt 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 […]

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