digital wallet
- Thailand News
Digital wallet scheme’s third phase to start in second quarter
The third phase of the 10,000 baht digital wallet distribution initiative is set to start in the second quarter of the year, according to Finance Minister Pichai Chunhavajira. Pichai, who also serves as the Deputy Prime Minister, mentioned that the system for fund distribution is undergoing testing this month and is expected to be fully operational in time for the…
- Thailand News
Thailand unveils third phase of 10000 baht stimulus project
Deputy Finance Minister Julapun Amornvivat confirmed plans to proceed with the third phase of the 10,000 baht economic stimulus project yesterday, Feburary 7. The initiative, aimed at injecting approximately 150 billion baht into the economy, is expected to start in the second quarter of the year. Discussions took place during a subcommittee meeting on economic stimulation projects, with further meetings…
- Bangkok News
Thai thief assaults and steals 10,500 baht from old man in Bangkok
Police arrested a Thai man for physically assaulting an 84 year old victim to steal 10,500 baht in cash on the side of a road in Bangkok on Monday, January 27. The daughter of the 84 year old victim filed a complaint with officers at Rat Burana Police Station after her father suffered a 5-centimetre-long and 2-centimetre-deep head wound from…
- Thailand News
Government handout sparks vote-buying concerns before elections
The second phase of the government’s 10,000-baht handout programme, scheduled just days before provincial elections, is likely to be perceived as vote-buying by some, according to People’s Party MP Pakornwut Udompipatskul. Residents in 47 provinces are set to vote on Saturday for Provincial Administrative Organisation presidents and members. On Monday, the government distributed 10,000-baht handouts to the bank accounts of…
- Thailand News
Second phase of 10,000 baht handout for elderly starts January 27
Finance Minister Pichai Chunhavajira announced that the second phase of the government’s 10,000 baht cash handout will start on January 27, two days earlier than initially planned. This phase will target approximately 3.5 to 4 million elderly citizens aged 60 and above, who will receive the funds through the government’s PromptPay app. The economic stimulus programme was originally designed to…
- Thailand News
Elderly cash windfall: Thai govt handouts confirmed by January 29
The Thai government has officially confirmed that elderly citizens will receive their long-awaited 10,000 baht stimulus payments before January 29. Deputy Finance Minister Julapun Amornvivat, spilled the beans during a press conference at the Ministry of Finance today, January 7. “We assure you, the 10,000-baht payments will hit accounts before the deadline. The exact transfer date hinges on a final…
- Thailand News
Thai government to launch digital wallet phase three with 10000 baht aid
The Thai government has announced the next phase of its digital wallet initiative, providing 10,000 baht to eligible citizens. This initiative, aimed at bolstering the economy, will not be distributed in cash but through a digital wallet system. The Deputy Minister of Finance, Paophum Rojanasakul, recently stated that the proposal for this distribution would be presented to the Cabinet today,…
- Thailand News
Southern Thai man finally receives 10,000 baht government aid
A man from southern Thailand was overjoyed when the Bank for Agriculture and Agricultural Cooperatives (BAAC) branch in Loei province finally tracked him down to ensure he received the government aid of 10,000 baht. The initiative was part of a final effort by the bank to help vulnerable groups secure their due benefits before the deadline. BAAC in Loei took…
- Thailand News
PM Paetongtarn to outline key policies in public address tomorrow
Prime Minister Paetongtarn Shinawatra is set to deliver a significant public address tomorrow, December 10, where she will highlight her Cabinet’s accomplishments over the past three months and underscore the importance of the government’s key policies for the upcoming year. The address, titled 2025 Empowering Thais: A Real Possibility, will commence at 10am and will be broadcast live on NBT2HD,…
- Thailand News
Thai government delays 10,000-baht handout amid election concerns
The Thai government is gearing up for the second phase of its 10,000-baht cash handout, anticipated to be rolled out by the end of February, as confirmed by government spokesman Jirayu Houngsub. This initiative aims to provide financial support to the elderly, with the proposal already submitted to the Cabinet. However, a few concerns have led to a week’s delay…
- Thailand News
10,000 baht digital wallet theft behind fatal shooting in Nong Bua Lamphu
The theft of a 10,000-baht financial handout under the digital wallet scheme is reportedly the motive behind a fatal shooting in the Isaan province of Nong Bua Lamphu today. The Naresuan Rescue Association reported this morning that a mass shooting occurred in the Si Bun Rueang district. Three people lost their lives in the incident, while the gunman, 58 year…
- Thailand News
Thailand’s cash handout scheme faces scrutiny before elections
The second phase of Thailand’s 10,000-baht cash handout scheme is under scrutiny for potentially breaching legal boundaries, as the government plans to distribute the funds to four million elderly citizens during the Chinese New Year, just days before the Provincial Administrative Organisation (PAO) elections. This timing has sparked concerns about its potential influence on the upcoming election outcomes. Somchai Srisutthiyakorn,…
- Thailand News
Cash-ing in on digital: Thailand handout boosts seniors with 10,000 baht
The Government of Thailand announced the second phase of its digital cash handout, offering 10,000 baht (US$290) to over 4 million citizens aged 60 and above. This initiative, approved by the economic stimulus policy committee, aims to support vulnerable elderly individuals by leveraging a budget of 40 billion baht (US$1.16 billion). The decision follows a meeting chaired by Paetongtarn Shinawatra,…
- Economy News
Finance Ministry cashes in with economic stimulus package
The Finance Ministry is preparing to unveil an extensive economic stimulus package for review by a committee led by Prime Minister Paetongtarn Shinawatra. The announcement was made by Deputy Finance Minister Julapun Amornvivat, who indicated that the proposal includes a 10,000-baht (US$290) cash handout distributed via a digital wallet. This initiative is aimed at stimulating economic activity to bolster growth…
- Thailand News
Thai government urges swift updates for digital wallet distribution
The Thai government confirms that the second phase of the 10,000 baht digital wallet distribution will reach all registered citizens, urging vulnerable groups to rectify any issues promptly to avoid forfeiting their rights. Today, October 26, Jirayu Huangsap, spokesperson for the Prime Minister’s Office, discussed the progress of the 10,000 baht economic stimulus transfer in an interview broadcast on the…
- Thailand News
Thousands miss 10,000 baht digital payout due to outdated IDs
The Ministry of Finance, through the Comptroller General’s Department, has initiated the disbursement of 10,000 baht digital money payout to targeted groups under the 2024 economic stimulus programme. This effort includes those with state welfare cards and persons with disabilities. The payout, which took place on September 25, 26, 27, and 30, reached a significant number of beneficiaries. According to…
- Business News
Cash ‘n’ climb: Thailand GDP rises but 2026 could be a steep drop
Thailand’s GDP forecast has been upgraded for this year and next to 2.8% and 3%, respectively, due to the government’s cash handout boosting the economy. However, analysts warn of an economic cliff in 2026 if no new growth engines are introduced. Kiatnakin Phatra Research (KKP) and BofA Global Research have both raised their Thai GDP outlooks for 2024 from 2.6%…
- Thailand News
Bank policy leaves elderly Buriram couple without government aid
A resident of Ban Silachai in Buriram province sought assistance after finding himself unable to withdraw money using his wife’s ATM card. The resident, 61 year old Tuk Sae Ho’s wife Jamlong, also 61, has been bedridden for over a year and unable to care for herself. When Tuk attempted to withdraw funds from the bank, he discovered that the…
- Business News
Thailand cash handout to boost Q4 GDP growth despite challenges
The Thai government’s initial cash handout is anticipated to boost the national economy in the upcoming months, according to industrial leaders and brokerages. They recommend that the second phase of the handout target individuals with higher purchasing power to prolong economic stimulation. In the first phase, the government distributed 10,000 baht in cash to each of the 14.5 million welfare…
- Business News
Thailand unveils 145 billion baht cash handout to boost economy
Deputy Finance Minister Paopoom Rojanasakul unveiled a whopping 145 billion baht ((US$4.4 billion) cash handout scheme that promises to rev up the economy before the year’s end. This mega injection is set to turbocharge the nation’s GDP by a tidy 0.3 percentage points. And it’s not just a flash in the pan, the economic boost is expected to keep rolling…
- Thailand News
Khon Kaen resident loses 16,800 baht to phone scam
A resident of Khon Kaen lost 10,000 baht from her government assistance money to a phone scam, which also took an additional 6,800 baht from her health volunteer allowance. Visarut Pupeng, an advisor to the Deputy Minister of Education, assisted Buathong, a 63 year old resident of Chum Phae district, Khon Kaen province, in filing a police report with Police…
- Thailand News
Thai man assaults wife over digital wallet failure in Udon Thani
A Thai man in the Isaan province of Udon Thani physically assaulted his wife yesterday out of frustration after failing to receive 10,000 baht from the digital wallet scheme. The wife sustained a bloody wound to her head. Officers from Mueang Udon Thani Police Station, and rescuers from the Song Serm Dhamma Satarn Foundation, yesterday, September 30, rushed to a…
- Thailand News
Anti-drunk driving group urges no alcohol spending of 10,000-baht handout
Anti-drunk driving campaigners have called on recipients of the government’s 10,000-baht cash handout to avoid spending the money on alcohol to prevent accidents. Phattarabhandhu Krissana, chairman of the Network of Victims Against Drunk Driving, emphasised that the funds should be used for necessities or investments instead of alcoholic beverages, which could lead to accidents and disabilities. The Network of Victims…
- Thailand News
Elderly man loses 10,000 baht from Thai govt handout
An elderly man who recently withdrew 10,000 baht in cash from the Thai government’s handout initiative found his wallet missing, prompting a heartfelt community response. A woman’s Facebook post detailed the incident and led to numerous offers of assistance from across the country. The government recently issued 10,000 baht to vulnerable groups, distributed based on the last digits of their…
- Phuket News
Gypsy cash dash: Phuket locals swarm ATMs for 10k baht handout
Hundreds of sea gypsies in Phuket flocked to ATMs at Laem Tukkae, Koh Sirey, Ratsada subdistrict on Wednesday, September 25, as part of the Thai government’s 10,000 baht handout scheme for vulnerable citizens. The scheme, aimed at state welfare cardholders and disabled individuals, is part of a broader economic stimulus programme. A national report noted that the sea gypsies, still…
- Thailand News
Recipients can use 10,000-baht handout to clear debts: Deputy PM
Recipients of the 10,000-baht handout are free to use the money as they see fit, including paying off debts, according to Deputy Prime Minister Phumtham Wechayachai. Phumtham addressed reports that many eligible individuals in the first phase of the scheme, which began yesterday, September 26, plan to use the funds to clear their debts. “They can use the money [to…
- Thailand News
Thailand digital wallet handout falls short: Woman gets only 4,000
A Thai woman attempting to withdraw 10,000 baht for her father, as part of the Thai government’s digital wallet handout for vulnerable groups and people with disabilities, received only 4,000 baht, sparking suspicions of debt deductions by the bank. In Uthai Thani province, the government commenced disbursing 10,000 baht to vulnerable groups and those with disabilities. From early morning, recipients…
- Thailand News
Thailand starts 10,000-baht handout to 3 million needy individuals
Three million needy and disabled individuals in Thailand will receive the 10,000-baht handout under the government’s digital wallet programme today, announced Deputy Finance Minister Julapun Amornvivat. This initial rollout is part of a larger initiative aimed at aiding 14.5 million recipients in total. Due to limitations with the PromptPay payment system, only 3 million recipients can be processed initially. These funds…
- Thailand News
Digital wallet scheme falls short of 45 million target, saves 100 billion baht
Online registrations for the government’s digital wallet handout scheme have recently closed, with only 36 million people signing up, falling short of the 45 million target. The Finance Ministry reported that this shortfall has resulted in a saving of 100 billion baht (US$3 billion) from the project’s budget. When asked whether the lower registration numbers indicated a lack of public…
- Thailand News
Less than 40 million Thais expected to join digital wallet scheme
The Government of Thailand anticipates fewer than 40 million participants in its flagship digital wallet handout scheme, with the initial phase set to benefit 14.5 million vulnerable individuals starting yesterday, according to a Finance Ministry official. Under this stimulus programme, the government plans to distribute 450 billion baht to 45 million people, with each registered participant receiving 10,000 baht to…
