snoop1130 Posted October 2, 2019 Share Posted October 2, 2019 ‘Eat, Shop, Spend’ travellers dish out Bt628m By The Nation The number of people applying for the government’s “Eat, Shop, Spend” travel-and-business promotion in its first 10 days topped out at the daily limit of one million, with around 200,000 proving ineligible to register. Lavaron Sangsnit, director-general of the Fiscal Policy Office, said on Wednesday (October 2) that applications would continue being accepted until registration reached 10 million. He said everyone who applied in the first seven days – 5,538,368 people – had qualified. The vast majority were registered within the first six days and have received confirmation by SMS, while the remaining 814,776 can expect a digital alert on Wednesday. In the first five days, 706,450 registrants spent a combined Bt628 million using G-wallet. Half of that amount, about Bt330 million, was spent at shops selling OTOP products, at community stores and at discount-price Thong Fah Pracha Rat outlets. Another Bt98 million was spent on food and Bt10 million on hotel accommodations. A further Bt142 million was spent at large stores with multiple branches, representing 22 per cent of the five-day total. Source: https://www.nationthailand.com/business/30376997 -- © Copyright The Nation Thailand 2019-10-02 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
bluesofa Posted October 2, 2019 Share Posted October 2, 2019 22 minutes ago, snoop1130 said: In the first five days, 706,450 registrants spent a combined Bt628 million using G-wallet. Half of that amount, about Bt330 million, was spent at shops selling OTOP products, at community stores and at discount-price Thong Fah Pracha Rat outlets. This is the promotion to encourage domestic tourism? That must mean all the 706,450 registrants went to another province other than their own, in order to spend the money? 2 Link to comment Share on other sites More sharing options...
Popular Post tominbkk Posted October 2, 2019 Popular Post Share Posted October 2, 2019 46 minutes ago, bluesofa said: This is the promotion to encourage domestic tourism? That must mean all the 706,450 registrants went to another province other than their own, in order to spend the money? Right, but also just going over the province border I think, to get the deal, then drive back home. 3 Link to comment Share on other sites More sharing options...
Colabamumbai Posted October 2, 2019 Share Posted October 2, 2019 Did they avoid dual pricing? 2 Link to comment Share on other sites More sharing options...
bluesofa Posted October 3, 2019 Share Posted October 3, 2019 16 minutes ago, Colabamumbai said: Did they avoid dual pricing? Ha ha! If there were two competing shops close by, perhaps they opted for 'duel pricing' in order to win the customer? 1 Link to comment Share on other sites More sharing options...
NE1 Posted October 3, 2019 Share Posted October 3, 2019 (edited) I am not sure if this is to do with propping up the economy , or buying hearts and minds? Edited October 3, 2019 by NE1 1 Link to comment Share on other sites More sharing options...
SoilSpoil Posted October 3, 2019 Share Posted October 3, 2019 'In the first five days, 706,450 registrants spent a combined Bt628 million using G-wallet.' Seen all the problems registering, and the needed inter provincial travel to reimburse, these numbers are highly unlikely. Link to comment Share on other sites More sharing options...
bluesofa Posted October 3, 2019 Share Posted October 3, 2019 7 minutes ago, SoilSpoil said: 'In the first five days, 706,450 registrants spent a combined Bt628 million using G-wallet.' Seen all the problems registering, and the needed inter provincial travel to reimburse, these numbers are highly unlikely. I do hope you're not accusing the government of issuing 'fake news'? 1 Link to comment Share on other sites More sharing options...
RichardColeman Posted October 3, 2019 Share Posted October 3, 2019 From what I saw on the Thai TV, the cues seemed to be full of people in army/police uniforms getting a handout 1 Link to comment Share on other sites More sharing options...
Popular Post Srikcir Posted October 3, 2019 Popular Post Share Posted October 3, 2019 13 hours ago, snoop1130 said: registrants spent a combined Bt628 million Let's be clear - the government's “Eat, Shop, Spend” (ESS) travel-and-business promotion is funded by the government through taxes collected from the Thai taxpayers. For those people who qualified for the funds it is simply a redistribution, albeit businesses supporting the program may get part of the funds as fees. My point is that the public expenditure of the ESS funds will not improve the GDP growth rate any more than the government's short-term agriculture subsidies. The ESS program may improve the Consumer Confidence Index because people think they are getting something for nothing. But such change would be artificial as an manipulative economic tool by the government. 3 Link to comment Share on other sites More sharing options...
Redline Posted October 3, 2019 Share Posted October 3, 2019 WOW so smart this plan ???? Link to comment Share on other sites More sharing options...
rickudon Posted October 3, 2019 Share Posted October 3, 2019 90% of Thais cannot afford a holiday, so get nothing. 1 Link to comment Share on other sites More sharing options...
kingofthemountain Posted October 3, 2019 Share Posted October 3, 2019 15 hours ago, NE1 said: I am not sure if this is to do with propping up the economy , or buying hearts and minds? Double fail then Link to comment Share on other sites More sharing options...
cmsally Posted October 3, 2019 Share Posted October 3, 2019 Could this type of promotion be tied to the selling of data. Is the govt. banking on the hope of being able to sell millions of peoples data? Link to comment Share on other sites More sharing options...
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