scheme
- Business News
High demand for GSB soft loan scheme reaching 80 billion baht
A government-administered soft loan scheme through the Government Savings Bank (GSB) has seen significant initial interest, with demand reaching 70-80 billion baht out of a total of 100 billion baht, according to Finance Minister Pichai Chunhavajira. During the signing ceremony for the memorandum of understanding for the GSB Boost Up scheme aimed at supporting small and medium-sized enterprises (SMEs), Pichai…
- Thailand News
Cash in the cloud: Thailand gears up for digital wallet launch
Thailand’s deputy finance minister recently disclosed that the prime minister will announce details about the digital wallet project, including registration and identity verification steps, on Wednesday, July 24. The project aims to distribute 10,000 baht through digital wallets, pending approval from various authorities. Deputy Finance Minister Paopum Rojanasakul addressed concerns raised by Deputy Leader of the Move Forward Party, Sirikanya…
- Business News
Digital wallet and e-refund schemes in Thailand face legal and funding challenges
The proposed digital wallet and e-refund schemes considered significant growth drivers for Thailand’s GDP next year, are potentially at risk due to legal and funding obstacles. Analysts have indicated that these challenges could lead to a substantial reduction in the implementation of these costly digital schemes in Thailand, which are scheduled for rollout next year. Maybank Securities notes that legal…
- Crime News
Man arrested for alleged involvement in 600 million baht lottery ticket scam
Police arrested a man for his alleged involvement in a fraudulent lottery ticket scam which generated an estimated 600 million baht. More than 50 people say they fell victim to the scheme with some claiming they lost thousands of baht after they purchased lottery tickets online, but the tickets were never delivered. Wutthipat Lerlob allegedly coaxed people into investing in…
- Thailand News
“We Travel Together” plan to boost domestic tourism expanded
Thai lawmakers are giving the third phase of the government’s “We Travel Together” scheme a green light to continue boosting domestic tourism. PM Prayut Chan-o-cha along with other lawmakers approved the scheme, titled “Rao Tiew Duay Kan” in Thai, which is a programme that subsidises hotel bookings. The scheme’s third phase is set to cover an additional 2 million people…
- Thailand News
Thai tourism operators want more stimulus plans in time for Songkran
Tourism operators are wanting the government to set forward more stimulus plans in time for the Thai new year of Songkran. Fearing a rather unprofitable holiday, they are asking the government to step up incentives in addition to the existing subsidy program. Yesterday the CCSA determined some basic guidelines for Songkran 2021. Thanapol Cheewarattanaporn, president of the Association of Domestic…
- Covid-19 News
Government’s tourism co-payment scheme riddled with alleged fraud
The government’s tourism co-payment scheme has been allegedly riddled with fraud after almost 1,000 business operators have been reported for taking advantage or outright cheating the system. The Tourism Authority of Thailand has lodged a complaint with the Crime Suppression Division involving businesses cheating the We Travel Together or Rao Tiew Duay Kan, campaign. 448 hotels and 486 vendors nationwide,…
- Crime News
UPDATE: SPM Shopping Mall Scam – do you know someone involved? | VIDEO
So the fallout of the SPM Shopping Mall app scam continues and police around the country are being swamped with official complaints from aggrieved victims, some who lost hundreds of thousands of baht. Police have already started arresting people allegedly involved with the scam, or who may have been facilitating or encouraging others to join in the pyramid scheme. A…
- Economy News
“We Travel Together” campaign may be extended through 2020
The “We Travel Together” government stimulus campaign may be extended to increase domestic tourism through to the end of the year, while travel bubbles for tourists will hopefully be launched by October, according to the Tourism and Sports Ministry. Phiphat Ratchakitprakarn. He says the slow start of the scheme, launched July 15, can be partly attributed to hesitation among tourists as…
- Covid-19 News
“Travel bubbles” to require minimum 2 week stay
“Travel bubble” tourists who visit Thailand during its soft and timid reopening phase, tentatively scheduled for August, may have to spend 14 days in designated areas. Then, a negative test for Covid-19 after 2 weeks would free them up to go anywhere in the Kingdom. Thailand’s tourism and sports minister says he’s met with PM Prayut Chan-o-cha about creating travel…
- Crime News
Bangkok clinics in 72 million baht fraud scandal
The National Health Security Office has registered a complaint against 18 clinics in Bangkok, and thousands of patients will be questioned by police investigating an alleged 72 million baht in fraudulent claims under the government’s 30 baht scheme, also known as the “gold card” scheme. Police said yesterday that as many as 10,000 patients of the rogue clinics may be…
- World News
Pakistan airlines cleans house after the pilot license cheating scandal
In the wake of a deadly Pakistan plane crash, the country’s flagship carrier, PIA, says they may let go more than 150 pilots after finding many have allegedly faked their own licenses. The government says that pilots both inside and outside the airline had allegedly allowed other people to take their exams in order to keep their flying licenses. Now, those…
