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Second phase of co-payment scheme fully subscribed in just two hours

Second phase of co-payment scheme fully subscribed in just two hours

23 Sept 04:11 Key points summarised by AI
  • Thailand's second phase of the 50:50 co-payment scheme quickly reached full subscription, with 5 million people registering within two hours of its launch.
  • Despite its popularity, the scheme faced numerous complaints from applicants experiencing online registration failures due to system delays and lost connections.
  • The government's initiative provides 3,000-3,500 baht per registrant, with half the spending cost covered by taxpayers, aiming to boost consumer spending and support small retailers.
  • Krung Thai Bank, responsible for the scheme's implementation, attributed registration issues to mobile phone providers being unprepared for the massive surge in simultaneous calls, rather than their own network.
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