Try GOLD - Free
Thai PM set to unveil stimulus to bolster growth in economy
The Straits Times
|September 07, 2023
Measures to include fresh energy subsidies, cash handouts to 55 million via digital wallet
-
BANGKOK - Thailand's new government is set to unveil a number of fiscal stimulus measures next week that will include debt suspension for millions of farmers and small businesses, and a cut in energy prices to bolster growth in an economy still reeling from the Covid-19 pandemic.
Prime Minister Srettha Thavisin, who is a former property mogul, will reveal his coalition's policy priorities to Parliament on Monday.
The main highlight will be a planned cash handout of 10,000 baht (S$385) each through a so-called digital wallet to an estimated 55 million adults that will act as a "trigger that will wake up the country's economy again", according to a policy draft seen by Bloomberg.
This story is from the September 07, 2023 edition of The Straits Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Straits Times
The Straits Times
The Resurrected stars hope show can be a global hit
In the Netflix revenge drama The Resurrected, Taiwanese actress Shu Qi and Malaysian actress Lee Sinje play grieving mothers whose young daughters are kidnapped and tortured.
3 mins
October 16, 2025
The Straits Times
Fascinated by intersection of cuisines in Singapore
English chef-author Fuchsia Dunlop will be here to host a salon session and take part in a panel discussion on the ethics of food writing
3 mins
October 16, 2025
The Straits Times
Blackpink's Lisa appointed as Thai tourism ambassador
The Tourism Authority of Thailand (TAT) on Oct 15 announced that global K-pop icon Lalisa \"Lisa\" Manoban, a member of K-pop girl group Blackpink, has officially been appointed as the Amazing Thailand Ambassador, representing Thailand's tourism brand to the world.
1 min
October 16, 2025
The Straits Times
Al-fasting – Just what the doctor ordered
We can lose our skills if we rely too much on Al. We need to take some breaks from it.
3 mins
October 16, 2025
The Straits Times
Why competitive parents are driving down fertility rates
It's not simply the high cost of educating one's child but also the pressure not to lose out to others.
4 mins
October 16, 2025
The Straits Times
Actresses Shu Qi and Lee Sinje are grieving mums whose daughters are tortured in the Netflix tentpole title
In the Netflix revenge drama The Resurrected, Taiwanese actress Shu Qi and Malaysian actress Lee Sinje play grieving mothers whose young daughters are kidnapped and tortured.
3 mins
October 16, 2025
The Straits Times
Malaysian govt blames social media after fatal stabbing of schoolgirl shocks nation
PM Anwar urges tighter controls on online content amid cases of violence against girls
3 mins
October 16, 2025
The Straits Times
Lawyer who went shopping with card found in private-hire vehicle disbarred
A lawyer thought it was his “lucky day” when he found a card holder left behind in a private-hire vehicle, and used one of the credit cards inside to buy more than $4,300 worth of goods.
3 mins
October 16, 2025
The Straits Times
Beijing dials up pressure with bounty notice targeting 18 military officers from Taiwan
Move seen as largely symbolic with little practical effect since island has its own govt
3 mins
October 16, 2025
The Straits Times
AMORIM'S STABILITY AMID THE STORM
Jim Ratcliffe's unequivocal backing of Ruben Amorim has injected rare stability into Manchester United's turbulent narrative and fans of the Red Devils would want to know what is next for their Portuguese manager.
4 mins
October 16, 2025
Translate
Change font size