Lackluster response to Thailand’s “Ying Chai Ying Dai” stimulus scheme

1 Oct 08:08 Key points summarised by AI

Thailand's "Ying Chai Ying Dai" stimulus scheme, designed to encourage spending among high-income earners, has garnered only 310,000 registrants, falling significantly short of its 3.6 million target.
Despite the low participation, the Finance Ministry will not introduce new stimulus plans or increase existing co-payment amounts, opting instead to allocate a 500 billion baht borrowing to support tourism, eateries, and the national vaccination campaign.

European protests could raise costs for Thai exporters

Yesterday 17:46 Key points summarised by AI

The Commerce Ministry warns that ongoing protests across six European countries, driven by cost-of-living concerns, could weaken consumer purchasing power, disrupt logistics, and elevate costs for Thai exporters.
Thai exporters are advised to closely monitor developments, explore alternative markets (ASEAN, South Asia, Middle East), and adjust shipping routes to reduce dependence on Europe and mitigate potential risks.