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Search Result for “BAAC”

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THAILAND

Govt plans new handout for farmers

News, Mongkol Bangprapa, Published on 04/12/2024

» The cabinet has approved a new programme to support over four million households which rely on agriculture across the country, which would see about 38.5 billion baht in financial assistance rolled out to replace the fertiliser co-payment scheme that was terminated by the government yesterday.

THAILAND

Digital wallet 'super app' to link with bank apps

Mongkol Bangprapa, Published on 17/04/2024

» The so-called super app earmarked for the 10,000-baht digital wallet scheme will work in sync with existing mobile applications for banks on users' phones, according to Deputy Finance Minister Julapun Amornvivat.

THAILAND

PM denies mass withdrawal of funds from Bank for Agriculture and Agricultural Cooperatives

News, Mongkol Bangprapa, Published on 13/04/2024

» Prime Minister Srettha Thavisin denied rumours that people had begun withdrawing money from the Bank for Agriculture and Agricultural Cooperatives (BAAC) following news the government plans to borrow 172.3 billion baht from the bank to partially finance its 500-billion-baht digital wallet handout scheme.

THAILAND

Government seeks legal counsel on loan for digital wallet handout

News, Mongkol Bangprapa, Published on 12/04/2024

» The government will ask the Council of State to verify the legality of its plan to borrow 172.3 billion baht from the Bank of Agriculture and Agricultural Cooperative to partially finance its 500-billion-baht digital wallet handout scheme.

THAILAND

Digital wallet handout date set

News, Mongkol Bangprapa, Published on 11/04/2024

» The government's 500-billion-baht digital wallet handout scheme will roll out in force in the fourth quarter to boost economic growth, Prime Minister Srettha Thavisin said on Wednesday.