Co-payment scheme hits limit of 20m people on the first day
Twenty million eligible Thais, the limit for this phase, have joined the government’s co-payment scheme on the first day of registration, which was supposed to last until this Sunday.
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Twenty million eligible Thais, the limit for this phase, have joined the government’s co-payment scheme on the first day of registration, which was supposed to last until this Sunday.
The government’s co-payment scheme can now be used to pay the fares of taxi, public van and motorcycle taxi services, after the Finance Ministry decided to expand its scope to cover public transport.
Thai exports to trading partners under free trade agreements (FTAs) have steadily expanded, especially shipments to neighboring countries in the Association of Southeast Asian Nations (ASEAN) and the 10-member bloc’s dialogue partners.
The Monetary Policy Committee (MPC) of the Bank of Thailand today voted 5:2 today to maintain the policy rate at 1.5%. Two committee members voted to cut the rate by 0.25 percentage point to 1.25%, according to Sakkapop Panyanukul, the MPC secretary.
Facing global supply chain disruption and the rise of protectionism, Finance Minister and Deputy Prime Minister Ekniti Nitithanprapas is urging Thai businesses to transform immediately, pointing to ESG adoption, technology integration, and agile supply chain networks as the cornerstones of long-term competitiveness.
It’s ‘Golden Week’ in China, which also means a golden opportunity for nearby countries to attract Chinese travellers to their tourist destinations. This national long holiday, observed during the first week of October, is one of the most important travel periods in China, where a surge in hotel and flight bookings are expected, especially abroad. What about Thailand? How can Thailand’s tourism sector, which has been heavily reliant on the Chinese market, seize this golden opportunity to...
The Central Administrative Court today ordered the Bangkok Metropolitan Administration (BMA), and its affiliate Krungthep Thanakom Company, to pay Bangkok Mass Transit System (BTS) about 11 billion baht (plus interest) within 180 days, for operating the first and second extensions of the Green Line train service between June 1st, 2022 and November 22nd, 2024.
The government plans to use about Bt60 billion left over from the 2025 fiscal budget, to fund, partially, the co-payment scheme and to increase the monthly subsidies for 13 million state welfare card holders, from Bt300 to Bt2,000 for a single month.
The Commerce Ministry is confident that Thai exports will remain competitive with those of other countries, as Thai products shipped to the main US market now face the same 19% tariff as many rival countries.
The Joint Foreign Chambers of Commerce (JFCCT) is urging Thai prime minister Anutin Charnvirakul to expedite the ratification of the Free Trade Agreement (FTA) with non-EU European countries to boost mutual trade.
The prime minister has led his economic team in a meeting with executive members of the Thai Bankers Association (TBA), for a discussion about pressing economic issues, ranging from household and SME debt, the strengthening baht against the US$ to the competitiveness of Thai products in the global market.
The government is expected to roll out a co-payment scheme as early as next month to boost Thais’ purchasing power and stimulate the sluggish economy, Prime Minister Anutin Charnvirakul said during inspection trips to Ang Thong and Si Sa Ket provinces over the weekend.