The fourth Chim Shop Chai stimulus rolls out for New Year

PHOTO: Thai PBS World

The state-run Krung Thai Bank is rolling out another economic stimulus program for New Year. It will include an 800,000 baht Toyota sedan and gold necklaces for subscribers to the latest Chip Shop Chai (Eat-Spend-Shop) scheme who Thais spend through their g-wallet accounts.

Lawan Saengsanit, the Fiscal Policy Office director and spokesman for the Finance Ministry, says the gifts, valued at 12 million baht, include a Toyota Altis, three Toyota Hilux pickup trucks, sixteen motorcycles, eighty gold necklaces of 15g each, over 549 gold necklaces of 7.5g each and thirty two 55-inch TV sets.

For every 1,000 baht of accumulated spending subscribers can win the prizes through six lucky draws, to be held at the Finance Ministry and the Krung Thai Bank.

But the spokesperson is urging subscribers to spend through their e-wallet accounts so that they are eligible to enter the draw for the prizes, adding that they can also benefit from refunds amounting to 20% of their spending.

During the first three Chim Shop Chai initiatives, from September 27-December 10, a total of 11.78 million Thais subscribed and their total spending amounted to 21.5 billion baht, including 9.9 billion baht spent through e-wallet accounts by about 320,000 subscribers.

SOURCE: Thai PBS World

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply


The Thaiger is Thailand's largest online portal for news, videos and information.

Leave a Reply