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Search Result for “Digital wallet”

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GENERAL

Thailand's digital wallet handout misses signup goal by 9m

Wichit Chantanusornsiri, Published on 16/09/2024

» Online registrations for the government's digital wallet handout scheme, which has now closed, has seen only 36 million people sign up, falling short of the target of 45 million.

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GENERAL

Vulnerable groups to get handout from Sept 25

Business, Wichit Chantanusornsiri, Published on 14/09/2024

» The Finance Ministry is set to begin offering stimulus money to 14.5 million people in vulnerable groups starting from Sept 25, which is expected to contribute to achieving 3% GDP growth this year, says finance permanent secretary Lavaron Sangsnit.

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GENERAL

Needy to get first B10,000 handouts from Sept 25

Wichit Chantanusornsiri, Published on 13/09/2024

» The government will begin offering stimulus handouts to 14.5 million needy people starting from Sept 25, which is expected to help lift economic growth to 3% this year, according to the Ministry of Finance.

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GENERAL

B300 billion in state spending seen as a tonic

Wichit Chantanusornsiri, Published on 05/09/2024

» The Ministry of Finance expects more than 300 billion baht in government funds will be injected into the economy during the final quarter this year, pushing GDP growth to the anticipated range of 2.7% to 3%.

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GENERAL

Poor may be priority for digital handout

Business, Wichit Chantanusornsiri, Published on 30/08/2024

» The digital wallet handout may be distributed first to groups of people that most need it for spending to inject money into the economy towards the end of this year, says caretaker Deputy Finance Minister Paopoom Rojanasakul.

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GENERAL

Agency maintains GDP forecast for the year

Business, Wichit Chantanusornsiri, Published on 20/08/2024

» The government's planning agency is maintaining its GDP forecast for this year but advises the government to speed up implementing measures to boost the economy and prepare the 2025 budget to address economic volatility caused by global crises.

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GENERAL

Budget for digital wallet scheme reduced by B50bn

Business, Wichit Chantanusornsiri, Published on 12/07/2024

» The cost of the government's flagship digital wallet initiative has been scaled down to 450 billion baht from 500 billion, but the Finance Ministry still expects it to have a positive impact on the economy.

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GENERAL

Minister warns of low inflation

Wichit Chantanusornsiri, Published on 09/07/2024

» The prolonged period of low inflation in Thailand poses a danger to the economy, warns Deputy Finance Minister Paopoom Rojanasakul.

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GENERAL

Digital wallet registration prepared

Business, Wichit Chantanusornsiri, Published on 06/07/2024

» The government is scheduled to announce the registration process for granting rights to people for the digital wallet project by the end of this month.

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GENERAL

DUP/Digital wallet uses app verification

Business, Wichit Chantanusornsiri, Published on 05/07/2024

» Thais will be required to verify and authenticate their identity, known as know-your-customer (KYC) procedures, for the digital wallet project through the state-developed "Tang Rat" super app.