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Search Result for “financial crisis”

Showing 1 - 10 of 263

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THAILAND

Divided on the economy

News, Published on 25/05/2024

» From the showdown between the ruling Pheu Thai Party and the Bank of Thailand (BoT) came a call for coalition parties to ponder parting ways with the government.

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THAILAND

MFP outlines handout risks

News, Aekarach Sattaburuth, Published on 19/04/2024

» The Pheu Thai-led government's digital handout scheme could exhaust the country's capacity to handle large-scale emergencies, claims the main opposition Move Forward Party (MFP).

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THAILAND

Digital handout may violate charter, graft busters warn

Online Reporters, Published on 07/02/2024

» The National Anti-Corruption Commission on Wednesday warned the government its 10,000 baht digital wallet handout could be in breach of the constitution and other laws, and incur a long-term public debt burden.

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THAILAND

Pheu Thai's big gamble

News, Published on 27/01/2024

» With the National Anti-Corruption Commission (NACC) study on the 500-billion-baht digital wallet scheme now made public, the ruling Pheu Thai Party stands at a crossroads, according to political observers.

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THAILAND

Election Commission refuses to comment on legality of 10K handout

Aekarach Sattaburuth, Published on 21/01/2024

» The Election Commission (EC) on Saturday refused to be drawn into a debate on the legality of the 500-billion-baht digital wallet handout scheme, which some think is at risk of violating the law if it is funded by loans.

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THAILAND

Pheu Thai giveaway could face new delay

News, Aekarach Sattaburuth, Published on 18/01/2024

» The government may have to delay the launch of its 500-billion baht digital wallet handout scheme, originally scheduled for May, as it needs to listen to various agencies.

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THAILAND

Is digital handout legal?

Chairith Yonpiam, Published on 17/01/2024

» A panel studying the government's planned 10,000-baht digital wallet handout has warned that the government could break the law if it proceeds with the scheme, according to a National Anti-Corruption Commission (NACC) source.

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THAILAND

Taking a huge gamble

News, Post Reporters, Published on 25/11/2023

» The ruling Pheu Thai Party may be teetering on the brink in pushing its much-touted digital wallet scheme which is highly controversial as it is fiercely debatable.

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THAILAND

B500bn loan bill stuck in limbo

News, Published on 22/11/2023

» The government has not yet sent a letter to the Council of State seeking advice on the legality of a bill that aims to borrow 500 billion baht to fund the 10,000-baht digital wallet scheme, the council's secretary-general Pakorn Nilprapunt said.

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THAILAND

Loan bill for digital wallet plan 'is being checked'

Post Reporters, Published on 21/11/2023

» A bill allowing the government to borrow 500 billion baht to fund its digital money handout is being vetted by the Council of State and will be returned to the government as soon as possible, according to Deputy Prime Minister and Commerce Minister Phumtham Wechayachai.