Connect with us

Economics

1.7 million Thais without smartphones register for "Rao Chana" benefits

The Rao Chana scheme has seen a large number of Thais who don’t have smartphones visiting the branches of Krung Thai Bank (KTB) and its mobile units around the country to register in person for the government’s 7,000-baht benefit.

Published

on

logomain

BANGKOK (NNT) – The Rao Chana scheme has seen a large number of Thais who don’t have smartphones visiting the branches of Krung Thai Bank (KTB) and its mobile units around the country to register in person for the government’s 7,000-baht benefit.

Although it is a long weekend, the mobile units have been operating daily to ensure every eligible person gets registered and receives the benefit as soon as possible.

Fiscal Policy Office Director, Kulaya Tantitemit, as the spokesperson of the Finance Ministry, has confirmed that during the weekend, KTB mobile units have been open for business to provide a registration service for people who do not have a smart phone and want to register for the government’s stimulus package aimed at helping people financially-affected by the Covid-19 outbreak.

For those without a smartphone, registration opened in two rounds. The first one closed on 21st February. Eligibility was verified and announced on 4th March, and recipients could start spending on 5th March. The second round of registrations will continue until 5th March. The verification results will be announced on 15th March, and they can start spending from 19th March onwards.

Spending through this project has reached 58 billion baht. Local vendors have also benefitted from the project as their sales have increased despite complaints that the electronic payment system was down occasionally. The government allocated 210 billion baht to this project, expecting to financially support the people during tough times, while helping to revive the economy, especially small businesses, at the same time.

Information and Source
Reporter : supawadee wangsri
Rewriter : Hugh Brammar
National News Bureau & Public Relations :
http://thainews.prd.go.th

Source link

Economics

Asia’s slow rate of vaccination is a thorn in the region’s economic recovery

Southeast Asia has been hit badly. Daily infections for Indonesia, Thailand, Vietnam are at their worst, on a seven-day moving average. The Philippines and Malaysia are not far off their daily infection peaks reached in the second quarter of 2021.

Published

on

Last week was tough for the Asia-Pacific region. Many countries responded to stubbornly elevated daily infections by extending or tightening social distancing measures.

(more…)
Continue Reading

Economics

World Bank lowers Thai GDP growth outlook to 2.2%

In the Thailand Economic Monitor released today, the World Bank adjusted its outlook on Thailand’s economic growth this year to just 2.2% from its previous forecast of 3.4%.

Published

on

BANGKOK, July 15, 2021 – Thailand’s economy continues to take a heavy toll due to the COVID-19 pandemic and is projected to expand modestly at 2.2 percent in 2021, revised down from the 3.4 percent growth projected in March, according to the World Bank’s latest Thailand Economic Monitor “The Road to Recovery” published today.

(more…)
Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,165 other subscribers

Wise

Recent