News

Evaluating response initiatives

Less than a month after the second wave of the pandemic subsided, Thailand faced a tsunami of Covid-19 infections in April and early May, posing a threat to economic stability.While countries with high inoculation rates such as the US have moved past rigid measures, the ...

Bangkok Post Reporter

B4,000 handouts approved for salaried workers

The cabinet has approved 4,000-baht Covid-19 handouts for salaried workers under the Social Security system.Under the “Section 33 We Love Each Other” programme, around 9.3 million company employees — those under Section 33 of the 1990 Social Security Act — will be given 1,000 baht ...

Bangkok Post Reporter

Cash handouts, co-payment scheme to boost Thai GDP by 1%

The government’s “RaoChana” (WeWin) cash handout scheme and the first two phases of the “Khon La Khrueng” (Let’s Go Halves) co-payment scheme are expected to boost Thai GDP by 1 per cent, said Finance Minister Arkhom Termpittayapaisith.The Cabinet on Tuesday approved the new WeWin scheme ...

The Nation Reporter

Guidelines on community-level spending to be ready mid-May

The committee supervising government expenditure will come up with guidelines on community-level economic activities within May, Deputy Prime Minister Somkid Jatusripitak said on Thursday (April 30).He explained that Bt600 billion of the Bt1-trillion loan taken by the Finance Ministry will be used for cash handouts ...

The Nation Reporter

Government finalising cash handouts to farmers

Government plans cash handouts to farmers’ families of between Bt15,000 and Bt30,000 a month per family. The figure is yet to be finalised by ministers and the cost is estimated at Bt130 billion to Bt400 billion.The Finance Ministry will propose to the Cabinet to support ...

The Nation Reporter

Covid-19 stimulus may sink economy

It is undeniable the Covid-19 outbreak is wreaking havoc on economies worldwide. To lessen the pain on their citizens and prevent economic free-fall into the recession trap, most governments are rolling out stimulus packages, typically consisting of cash handouts, wage compensation and concessional loans.Keep reading ...

Chartchai Parasuk

B500bn third stimulus package in store

A new stimulus package to alleviate the impact of the coronavirus crisis will be worth more than 500 billion baht, the finance minister said on Monday.It has already introduced two packages, the first to inject 400 billion baht into the economy and the second, worth ...

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