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Search Result for “digital currency”

Showing 1 - 10 of 24

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GENERAL

Interest burden hovers over digital wallet

Business, Wichit Chantanusornsiri, Published on 06/05/2024

» The ratio of interest burden to estimated government revenue is projected to increase to 11% next year from 8% in 2024, should the government proceed with its flagship digital wallet handout.

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GENERAL

Handout funding to diminish spending on other projects

Business, Wichit Chantanusornsiri, Published on 27/04/2024

» Once the government allocates substantial funds for its flagship digital wallet handout, spending on other projects will be reduced, says finance permanent secretary Lavaron Sangsnit.

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GENERAL

Justifying the digital wallet scheme

Business, Wichit Chantanusornsiri, Published on 16/11/2023

» The 10,000-baht digital wallet scheme is considered the flagship policy of the Pheu Thai-led coalition given its prominence in the election campaign.

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THAILAND

NACC panel to study govt's giveaway plan

News, Wichit Chantanusornsiri, Published on 27/10/2023

» The National Anti-Corruption Commission (NACC) has set up a committee to study the government's 10,000-baht digital currency handout scheme as the agency steps up its scrutiny of the ruling Pheu Thai Party's key policy.

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GENERAL

Digital wallet set to boost Thai GDP

Business, Wichit Chantanusornsiri, Published on 10/10/2023

» The government's 560-billion-baht digital wallet policy will stimulate the economy and create future income to support the ageing society, according to Deputy Finance Minister Julapun Amornvivat.

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GENERAL

Digital wallet set to boost Thai GDP: govt

Wichit Chantanusornsiri, Published on 09/10/2023

» The government’s 560-billion-baht digital wallet policy will stimulate the economy and create future income to support the ageing society, according to Deputy Finance Minister Julapun Amornvivat.

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GENERAL

PM orders sweeping review of taxes

Business, Wichit Chantanusornsiri, Published on 19/09/2023

» Prime Minister Srettha Thavisin has ordered the Finance Ministry to review the new land and building tax, as well as inheritance tax, in an effort to reduce income disparity.

THAILAND

Pao Tang picked for cash bonus

News, Wichit Chantanusornsiri, Published on 15/09/2023

» The government will use the Krungthai Bank's Pao Tang app for its digital wallet project, said Prime Minister Srettha Thavisin yesterday.

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THAILAND

App picked for digital handout

Wichit Chantanusornsiri, Published on 14/09/2023

» The government will use the Krungthai Bank Pao Tang app for its digital wallet project, Prime Minister Srettha Thavisin said on Thursday.

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GENERAL

Digital handout not covered by loans

Business, Wichit Chantanusornsiri, Published on 09/09/2023

» The Finance Ministry will not issue an emergency loan decree to support the government's 10,000-baht digital currency handout, with funding likely to come from the state budget and borrowing from state-owned financial institutions, says Deputy Finance Minister Kritsada Chinavicharana.