Opposition to the government’s digital wallet scheme growing

24 Sept 17:09 Key points summarised by AI

The government's controversial digital wallet scheme faces increasing opposition, with opponents seeking intervention from multiple oversight bodies including the Central Administrative Court, Election Commission, and Auditor-General.
Thai Pakdee Party leader Warong Dechgitvigrom filed a complaint, questioning the scheme's economic impact, the complexity of digital tokens, and the delayed cash exchange for retailers.
Former senator Rosana Tositrakul petitioned the Election Commission, arguing the Bt560 billion scheme is too costly, may violate the Currency Act, and risks increasing public debt, suggesting it's a political maneuver.
Despite mounting resistance and calls for suspension, the government remains unperturbed and insists on implementing the digital wallet initiative, albeit with some adjustments.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.