Government Expects Bt250 Billion Circulation from Stimulus Packages BANGKOK (NNT) – The government has estimated that the three key economic stimulus packages — the co-payment scheme, the We Win financial aid program and the Section 33 We Love Each Other program — could pump at least 250 billion baht in monetary circulation as of March…
Thai SEC forced to clarify proposed crypto rules after public backlash Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage. Thailand’s Securities and Exchange Commission has walked back previous plans to enact a 1 million baht (about $33,000) minimum annual income requirement for crypto investment in the…
Thai SEC consults public on crypto investor income rules Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers. The Securities and Exchange Commission of Thailand has launched a public consultation on proposed cryptocurrency investor qualification rules. According to an official announcement Thursday, the…
Experts weigh impact of Bt51bn stimulus on Thai stocks Experts say the government’s latest stimulus injection of Bt51 billion will affect the stock market – but only slightly. On Wednesday, the Centre for Economic Situation Administration (CESA) approved the Bt51 billion injection via two schemes for mainly low-income citizens. In the first scheme, 14 million…
Thai Government to focus on EEC projects to propel economy PM Prayut Chan-o-cha will unveil his new government’s policy statement in Parliament when it sits formally on Thursday. Leaks to the media indicate his 12 ‘urgent’ and 12 ‘long-term’ policies will help Thailand step up to “developed-nation status” with many of the policies focussing on…