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Search Result for “digital wallet”

Showing 1 - 10 of 1,433

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GENERAL

Lighthub, WeLab duo commit to investment

Business, Komsan Tortermvasana, Published on 04/10/2024

» The consortium of Lighthub Asset and WeLab is committed to investing US$500 million over five years, as required by the Bank of Thailand to receive a virtual banking licence.

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GENERAL

Thailand leads march towards cashless society

Business, Somruedi Banchongduang, Published on 03/10/2024

» Thailand is expected to transition to a cashless society faster than its regional peers, driven by the country's rapid digital adoption and transformation, according to a Visa survey.

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OPINION

Stimulus packages need paradigm shift

Oped, Chartchai Parasuk, Published on 03/10/2024

» Ever wonder why Thailand's economic growth is consistently lower than its peers? Even with a flood of foreign tourists of 28.1 million (154.4% growth) in 2023, our GDP growth was 1.9% compared to 5.5% in the Philippines, 5% in both Indonesia and Vietnam, and 3.7% in Malaysia. The growth figure for the first half of this year of 1.9% is far worse than many of our Asean friends.

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GENERAL

Cash transfers reach 14m Thais

Business, Wichit Chantanusornsiri, Published on 02/10/2024

» The Finance Ministry has deemed the first round of the cash handout scheme as successful at stimulating the economy, as more than 14 million people received transfers.

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GENERAL

Funding in place for 2nd phase of digital handout

Business, Wichit Chantanusornsiri, Published on 01/10/2024

» Deputy Finance Minister Paopoom Rojanasakul has confirmed that the government has sufficient funding for the second phase of the digital wallet scheme, with a budget of 180 billion baht having already been allocated.

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OPINION

Plan won't end poverty

News, Editorial, Published on 30/09/2024

» In a recent meeting with her newly appointed advisory team, Prime Minister Paetongtarn Shinawatra declared war against poverty. She made a pledge to eradicate Thailand's poverty within the remaining three years of her administration.

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THAILAND

Handout recipients urged to avoid alcohol

Onnucha Hutasingh, Published on 29/09/2024

» Anti-drunk driving campaigners are urging recipients of the government’s 10,000-baht cash handout not to spend the money on alcohol, in order to prevent accidents.

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GENERAL

EU payment system takes aim at card giants

Published on 28/09/2024

» The biggest banks in the European Union have spent years quietly creating a new way to pay that could finally allow customers to ditch their Visa and Mastercard cards — the latest sign that the region is looking to dislodge two of the most valuable financial firms on the planet.

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GENERAL

Entering a new era

Business, Published on 28/09/2024

» As we enter the final quarter of 2024, we have arrived at a new perspective on the economy and investment outlook for the fourth quarter and into 2025, focusing on three main points:

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THAILAND

Premier says B10,000 won't be cut

News, Post Reporters, Published on 28/09/2024

» Prime Minister Paetongtarn Shinawatra was seemingly at odds with her deputy finance minister yesterday in response to a rumour that the government plans to scale back its 10,000-baht cash handout scheme by 50% during the second phase of its implementation next year.