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Cabinet extends 'Thai Chuay Thai Plus' stimulus with 43bn baht injection

Today 16:52Key points summarised by AI

The Cabinet approved a 43 billion baht injection for Phase 2 of the 'Thai Chuay Thai Plus' co-payment scheme, extending cost-of-living relief for two months through November to combat rising global energy prices and inflation.
General participants will receive a 1,000-baht subsidy, while state welfare cardholders get a 700-baht top-up; the scheme reopens registration via the 'Pao Tang' app, expanding potential coverage to 32.5 million people with existing beneficiaries confirming participation from September 30.

Today 20:40Key points summarised by AI

Foreign investors urge Thailand's new government to prioritize long-term strategies, focusing on industrial and educational transformation, rather than short-term policies like a substantial minimum wage increase.
Experts recommend reforming the educational system to cultivate a skilled workforce and transforming industries, including agricultural automation, to enhance competitiveness and generate higher incomes.
Political stability is identified as a crucial factor for attracting foreign investment, with calls for the new government to establish a clear direction promptly.
Business leaders caution that a 20% daily minimum wage hike could significantly challenge all economic sectors, particularly SMEs and foreign investors, advocating for thorough discussion before implementation.