Pheu Thai party leader Paetongtarn Shinawatra has blamed the statutory independence of the Bank of Thailand (BOT) from government control for being an obstacle to the government’s efforts to address…
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Pheu Thai party leader Paetongtarn Shinawatra has blamed the statutory independence of the Bank of Thailand (BOT) from government control for being an obstacle to the government’s efforts to address…
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The Finance Ministry is mulling the option of increasing the capital of the state-run Bank of Agriculture and Agricultural Cooperatives (BAAC) by 10 billion baht, before the government borrows from…
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Thailand’s ruling coalition continues to juggle with the challenge of arranging funding for the digital wallet scheme that involves cash handouts totaling 500 billion baht. The government had planned direct…
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The labour union of the Bank of Agriculture and Agricultural Cooperatives (BAAC) has voiced opposition to the government’s plan to borrow about 172 billion baht from the bank to fund…
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Prime Minister Srettha Thavisin reiterated today that the “digital wallet” scheme will go ahead as planned and that about 50 million eligible people will receive the Bt10,000 state benefit in…
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The government now has its back against the wall over the the 500 billion baht needed to fund the “digital wallet” scheme, the timeline for which keeps moving back, said…
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Prime Minister Srettha Thavisin said today that there will be good news about the digital wallet scheme announced on April 10. Chairing a meeting today to discuss the scheme, he…
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About 50 million Thai people, who are eligible to receive the 10,000 baht benefit under the digital wallet scheme, will receive the payments within the fourth quarter of this year,…
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The National Anti-Corruption Commission (NACC), has not approved or rejected the government’s beleaguered “digital wallet” scheme, but has expressed concerns that it may fall foul of the Constitution and fiscal…
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Pheu Thai leader Paetongtarn Shinawatra has stated that, at this hour, Srettha Thavisin is the right man to lead Thailand. In an exclusive interview with Nikkei Asia last Friday, Paetongtarn…
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34.66% of respondents to NIDA Poll suggest that the government should scrap the digital wallet scheme, to distribute 10,000 baht to most Thai nationals 16 or older, and 68.85% say…
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Prime Minister Srettha Thavisin’s decision to delay implementation of the controversial “digital wallet” scheme has added to people’s worries about the sluggish economy and has fuelled opposition criticism of his…
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Prime Minister Srettha Thavisin confirmed today a delay to the launch of the “digital wallet” scheme, but no cancellation, adding that he wants to receive official recommendations from the national…
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The Digital Wallet Committee has postponed today’s planned meeting, pending delivery of the National Anti-Corruption Commission’s (NACC) opinion on the scheme, Commerce Minister Phumtham Wechayachai said today. The secretary general…
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Senator Tuang Untachai said today he wonders how the government can tell the Thai people that Thailand is currently in a crisis, to justify a loan bill to fund its…
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The Council of State did not give a green light to the government to proceed with the loan bill to borrow 500 billion baht to fund its digital wallet scheme,…
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The government recently sent a letter to the Council of State, its legal advisor, seeking its opinion on the proposed 500-billion-baht borrowing plan to fund the digital wallet scheme. The…
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About 50% of the respondents to a NIDA Poll disagree with government guidelines for the spending of the 10,000 baht cash benefit, to be distributed under the digital wallet scheme,…
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Prime Minister Srettha Thavisin has finally brought some clarity to the source of funding for the controversial digital wallet handout scheme, but many aspects of the scheme remain problematic, raising questions…
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Prime Minister Srettha Thavisin said that the Pheu Thai party has prepared a Plan B to enable it to implement the controversial digital wallet scheme, in the event the government’s…
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Interior Minister Anutin Charnvirakul said today that his Bhumjaithai party will support the government’s loan bill for the digital wallet scheme, if it does not contravene the Constitution. As a…
Read MorePrime Minister Srettha Thavisin says he is confident that the government’s loan bill, needed to fund the digital wallet scheme, will sail through parliament with the support of the coalition…
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The founder of Super Poll for cyber security is advising government security agencies to take additional precautionary measures against possible cyber attacks related to the proposed “digital wallet” scheme. Assistant…
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Prime Minister Srettha Thavisin has hit back at Move Forward deputy leader Sirikanya Tansakul, who said that the government’s decision to resort to a loan bill to procure funding for…
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Move Forward party-list MP and deputy leader Sirikanya Tansakul said today that the government’s decision to procure loans to fund the digital wallet scheme is risky, because it may violate…
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PM Srettha Thavisin will hold a press conference this afternoon to reveal what he called the “full package” of information on the digital wallet scheme, which his party promised to…
Read MoreHow do you distinguish between the rich and the poor? The government subcommittee handling the digital wallet scheme believes it has an answer, even though the way the whole thing…
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More than half of the respondents to a recent opinion poll want the 10,000 baht one-time benefit, under the digital wallet scheme, to be given to every Thai who is…
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Billionaires living in luxurious penthouses, driving supercars, carrying designer bags, sipping cocktails on a yacht and people throwing dollar bills up in the air, these are some of the common…
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The government should launch the digital wallet scheme next April, because the Thai economy will need an injection of cash for economic stimulation, otherwise it will be too late, said…
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Disbursement of the Bt10,000 digital money under the “digital wallet” scheme may be delayed until next September, said Pichai Chunhavajira, an advisor to Prime Minister Srettha Thavisin. He added the…
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The government’s controversial digital wallet scheme is facing increasing opposition, with opponents seeking intervention from the Central Administrative Court, the Election Commission, the Office of Auditor-General and the Ombudsman to…
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A representative of the Bank of Thailand told the House Economic Affairs Committee today (Thursday) that there is little need for the digital wallet scheme, because private sector consumption for…
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About 79% of respondents to a National Institute of Development Administration (NIDA) poll say that they will accept the 10,000 baht one-time subsidy from the government under the “digital wallet”…
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Prime Minister Srettha Thavisin has urged members of the public who agree with the government’s digital wallet scheme to speak out openly and to not let opponents drown out their…
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Prime Minister Srettha Thavisin has reiterated the government’s determination to launch the digital wallet scheme early next year as promised, despite protests from a group of 99 economics professors, including…
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Former Thai finance minister, Thirachai Puvanatnaranubala, has questioned claims by the Srettha government that the much-publicised digital wallet scheme will help Thailand achieve a 5% growth in GDP next year…
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Ministry of Commerce is considering using its extensive network of retail outlets, shops and eateries, under the “Blue Flag” (Thong Fah) program, to allow people, who may have difficulty finding…
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The Finance Ministry is expected to have answers within ten days to clear public doubt about the source of funding for the government’s digital wallet scheme and the actual amount…
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Bank of Thailand Governor Sethaput Suthiwartnarueput has suggested that the “digital wallet” scheme should target certain people, instead of all Thais who are 16 and older, while debt a moratorium…
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Move Forward party-list MP Chaiwat Sathawornwichit has claimed that the government has over-estimated the benefits of the “digital wallet” scheme in boosting the economy, as the timing is not right…
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Pheu Thai party’s Digital Wallet scheme is expected to be launched during the first half of next year, but before the Songkran festival in April. Deputy spokesperson for the Pheu…
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The Thai private sector believes that the country’s economy is likely to expand by between 3.0% and 3.5% this year, if the new government, expected to be formed within September,…
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