PM announces official launch of digital wallet scheme

14 Sept 05:17 Key points summarised by AI

Prime Minister Srettha Thavisin officially launched the "digital wallet" scheme, enabling 50 million eligible Thais (16+) to register in Q3 and receive 10,000 baht in Q4.
This flagship policy aims to boost the sluggish economy by 1.6% and uphold financial discipline, transparency, and legal compliance.
Eligibility criteria include being 16 or older, with an annual income below 840,000 baht or total bank deposits under 500,000 baht.
Recipients must spend the digital money at registered stores within their district; participating stores face delayed cash withdrawals.
A dedicated "super app" is under development to facilitate all transactions for the scheme.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.