AI In-Brief

Thailand News in Brief

Thai PBS World

Thailand and the world, every day

AI can make mistakes. Please double-check.

Restaurants urge review of Thai Chuay Thai Plus income cap

10 Sept 23:11 Key points summarised by AI

Thai restaurant associations are pressing the government to re-evaluate the 'Thai Chuay Thai Plus' economic stimulus scheme's 1.8 million baht annual income cap.
Many restaurants, despite being small and medium-sized enterprises (SMEs), are excluded by the cap, resulting in a significant 20-50% decline in sales for non-participating businesses.
Conversely, shops and eateries participating in the co-payment scheme have reported a substantial boost in revenue from strong consumer spending.
Operators argue the current income ceiling is unfair, intensifies financial strain from rising operating costs, and negatively impacts businesses operating transparently within the tax system.
They propose extending eligibility to restaurants earning between 2 million and 5 million baht annually and introducing supplementary relief measures like targeted tourism promotions and tax incentives.

Today 14:58 Key points summarised by AI

Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.