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
Tag: digital
Pheu 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 morePM would dissolve House rather than resign over possible digital wallet fiasco
By Thai Newsroom Reporters PRIME MINISTER SRETTHA Thavisin would ultimately choose to dissolve the House of Representatives and call a general election rather than resign if the Pheu Thai digital wallet campaign was eventually rejected at parliament, according to a partisan source. Srettha has earlier confided to some of his personal associates that he
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),
Read moreKorat people tell PM to not give them false hope on cash handout
By Thai Newsroom Reporters and Amarin TV AFTER Prime Minister Srettha Thavisin reconfirmed today (Jan.9) that the Pheu Thai-led government’s 10,000-baht digital wallet project will be implemented from May as planned, people in Nakhon Ratchasima (Korat) said they were waiting for the cash handout and hope the government is not giving them false hope.
Read moreDigital wallet scheme to be rolled out by May: PM
By Reuters and published by CNA THAILAND’S plan to kick-start its economy via a 500-billion-baht ($14.3-billion) ‘digital wallet’ handout programme will proceed by May, Prime Minister Srettha Thavisin told reporters today (Jan. 9). His comments come after the Office of the Council of State, an independent panel that provides legal advice to governments, found
Read morePheu 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
Read moreLively digital Loy Krathong festival at Ong Ang canal
FOR THE first time ever a digital Loy Krathong event took place at Bangkok’s Ong Ang canal last night (Nov. 27) in an effort to preserve waterways and solve the problem of residual garbage and in doing so save our planet by reducing global warming, Thai Rath and TV Channel 7 said. Thai Rath
Read moreMost 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
Read moreNo Plan B for digital wallet campaign: Julapun
By Thai Newsroom Reporters DEPUTY FINANCE MINISTER Julapun Amornvivat said today (Nov.15) the Pheu Thai-led government has no such thing as a Plan B which might otherwise be applied in lieu of the contentious digital wallet campaign. Julapun was apparently responding to the advice earlier given by Move Forward leader Chaithawat Tulathon that the
Read moreRetailers 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
Read moreSudarat lashes out at PM over digital wallet project
By Thai Newsroom Reporters THAI SANG THAI leader Sudarat Keyurapan has taken Prime Minister Srettha Thavisin to task over the Pheu Thai-led government’s populist digital wallet project. Sudarat tweeted on her X page to remark that the prime minister had earlier vowed to not borrow any loan to finance the 10,000-baht digital wallet project
Read more10,000-baht digital wallet for as many as 50 million Thais: PM
By Thai Newsroom Reporters PRIME MINISTER SRETTHA Thavisin today (Nov.10) reconfirmed that the Pheu Thai-led government’s 10,000-baht digital wallet project will benefit as many as 50 million Thais throughout the country, beginning next May. The prime minister announced that an estimated 50 million Thai nationals aged 16 years or over will be entitled to
Read more10,000-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
Read moreMost people prefer to use digital wallet anywhere: Poll
By Thai Newsroom Reporters MOST PEOPLE WOULD PREFER to be allowed to use the Pheu Thai-led government’s 10,000-baht digital wallet anywhere in the country, according to the latest NIDA Poll. The poll recently conducted among a total of 1,310 people from all walks of life in all regions of the country has found 69.8%
Read moreGovt warned against getting loans to fund digital wallet project
By Thai Newsroom Reporters THE PHEU THAI-LED GOVERNMENT was today (Oct.26) cautioned against a possible issuance of an executive decree to borrow loans to finance their digital wallet project. Move Forward MP Sirikanya Tansakul said the government could be legally allowed to borrow loans only in case of emergency or necessity under which the
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