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Pheu Thai-led govt alleged of pushing mutually contradictory populist campaigns

  By Thai Newsroom Reporters THE PHEU THAI-LED GOVERNMENT is putting forward mutually contradictory populist campaigns which will immensely increase public debt and compromise their financial and treasury disciplines, said an opposition MP today (Nov.30). Move Forward MP Nattapong Ruangpanyawudhi said the Pheu Thai-led coalition government plans to borrow a sum of 500 billion baht

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Business Local news

Govt personnel’s startup salary upped to 18,000 baht a month

  By Thai Newsroom Reporters ALL NEWLY-EMPLOYED GOVERNMENT personnel will earn a sum of 18,000 baht in startup salary per month, beginning in the middle of next year. The Pheu Thai-led cabinet today (Nov.28) approved a raise in the government personnel’s startup salary from 15,000 baht to 18,000 baht a month to be effective after

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Makro cooperating with DSI in contraband pork probe

  THE MANAGEMENT of Makro cash & carry stores said today (Nov. 27) they were cooperating with the Department of Special Investigation (DSI) which is investigating the smuggling and distribution of contraband pork, Matichon newspaper said. A DSI team visited Makro’s head office and were given full details on the process of purchasing pork, product

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Business

Tax refund backed shopping sprees by well-to-do to kick off soon

  By Thai Newsroom Reporters DOMESTIC CONSUMPTION will likely grow due to anticipated shopping sprees by well-to-do people, given a tax refund campaign during an early part of next year, confirmed Deputy Finance Minister Julapun Amornvivat today (Nov.27). Given the “easy e-receipt” campaign, earlier called the “e-refund” campaign, all Thai nationals aged 16 and over

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Ex-minister likely to deny link to smuggling of pork, entrails: Varawut

  By Thai Newsroom Reporters FORMER DEPUTY AGRICULTURE & cooperatives minister Prapat Bhothasuthon is sooner than later bound to categorically deny allegations that he had been involved in the smuggling and illegal trading of pork and entrails, said Chart Thai leader Varawut Silpa-archa today (Nov.21). Varawut, who concurrently performs as social development & human security

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Business

Thai Q3 GDP grows 1.5% y/y, below forecast

  THAILAND’S economy expanded 1.5 percent in the third quarter from a year earlier, official data showed today (Nov. 20), slower than expectations. On a quarterly basis, Southeast Asia’s second-largest economy grew a seasonally adjusted 0.8 percent in the July-September quarter, data from the National Economic and Social Development Council showed. Economists in a Reuters

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Business Local news

Most disagree with borrowing 500 billion baht to fund digital wallet: Poll

  By Thai Newsroom Reporters MOST PEOPLE HAVE BEEN FOUND to disagree to the Pheu Thai-led government’s plan to borrow as much as 500 billion baht in loan to fund the much-heralded, yet contentious digital wallet project, says a NIDA poll released today (Nov.19). According to the poll recently conducted among a total of 1,310

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Business Local news

Retailers Assn. keen on moving up digital wallet project by a month

  By Thai Newsroom Reporters THE THAI RETAILERS Association today (Nov.13) advised the Pheu Thai-led government’s 10,000-baht digital wallet project to get started a month sooner than scheduled to better boost domestic consumption. Thai Retailers Association head Yon Pokhasap suggested the populist handout campaign scheduled to begin next May be moved up to next April

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Business Local news

Parallel populist project unveiled for the well-to-do

  By Thai Newsroom Reporters AN E-REFUND PROJECT has been freshly launched by the Pheu Thai-led government for the well-to-do in parallel to the populist digital wallet project for other people. Prime Minister Srettha Thavisin confirmed today (Nov.10) that the e-refund project will be provided to those who may not be entitled to the 10,000-baht

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10,000-baht digital wallet not for purchase of services

  By Thai Newsroom Reporters PEOPLE WILL NOT LIKELY be allowed to use the Pheu Thai-led government’s digital wallet to buy services anywhere, a government official said today (Nov.9). The eligible recipients will only be allowed to use their 10,000-baht digital wallet to buy goods but not any services under the populist handout campaign, according

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