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Cash handouts fuel ATM withdrawals
Business, Wichit Chantanusornsiri, Published on 30/01/2025
» The 10,000-baht cash handout for the elderly has stimulated spending, with withdrawals from Bank for Agriculture and Agricultural Cooperatives (BAAC) ATMs surging 13.3 times on the first day of transfers.
Digital wallet ambitions scaled down after criticism
Business, Wichit Chantanusornsiri, Published on 27/12/2024
» The government's much-touted digital wallet project, initially envisioned as a major stimulus initiative, similar to an "economic whirlwind", appears to have lost its momentum.
Survey to assess impact of cash handout
Business, Wichit Chantanusornsiri, Published on 09/12/2024
» The Finance Ministry is conducting a survey of 40,000 people in the government's 10,000-baht cash handout scheme to assess its impact on the economy and society.