If Trump wins the election what does it say about the average American?
-
Recently Browsing 0 members
- No registered users viewing this page.
-
Topics
-
Popular Contributors
-
Latest posts...
-
0
Report Thailand Overhauls Stimulus Strategy, Cancels Digital Wallet Plans
File photo for reference only In a bold move amid escalating global economic uncertainties, the Thai government has officially cancelled its much-anticipated digital wallet scheme, initially poised to provide 10,000 baht to each young citizen aged 16-20. Instead, more than 150 billion baht is being redirected to a new, more comprehensive economic stimulus package, aimed at cushioning the national economy from the adverse effects of international trade tensions and recent U.S. tariff measures. As global trade wars intensify, with the U.S. enacting reciprocal tariffs that ripple through international markets, Thailand's exports and manufacturing sectors are feeling the strain. Finance Minister Pichai Chunhavajira emphasized the urgent need for a strategic pivot. "Despite the challenges, the government remains committed to ensuring sustained economic growth," Pichai remarked, affirming the goal of achieving over 3% GDP growth by 2025. The Economic Stimulus Policy Committee, chaired by the Prime Minister, is set to convene at Government House on May 19 to hammer out the details of this new economic strategy. The upcoming measures are likely to be multi-faceted, targeting key vulnerable sectors such as tourism and real estate, which could face significant pressures if corrective steps are not taken promptly. Centrally, the government plans to restructure industrial production, enhance liquidity for businesses battered by the influx of competitively priced foreign goods, and solidify the domestic market's resilience. This comprehensive package is designed to not only mitigate immediate economic disruptions but also pave the way for long-term structural adjustments. A government source disclosed that a total of 157 billion baht from the central emergency and contingency budget will now be allocated to more impactful initiatives. This reallocation reflects the input of important advisory bodies, including the National Economic and Social Development Council (NESDC) and the Bank of Thailand (BoT). Both organisations had previously expressed reservations about extending the digital wallet scheme, advocating instead for a broader approach to tackling economic stresses. To keep the public informed and maintain transparency in these challenging times, the government intends to communicate extensively about why the digital wallet has been dropped. The refocusing of resources aims to address the significant economic crisis head-on, benefiting a broader segment of the population and stabilizing the Thai economy for years to come. Adapted by ASEAN Now from The Nation 2025-05-16 -
91
Diddy’s Dark Double Life: Trial Hears Disturbing Allegations of Abuse and Sex Trafficking
So either your morality is superior to others - conceited arrogance - or you are a hypocrite. Take your pick. -
26
Crime Chinese Tenants Flee Without Paying Rent, Trash Property in Prachinburi
I have only known Chinese to be fastidiously clean and respectful of others property That mess takes some time to accumulate, wonder how often his "agent" from next door carried out an inspection -
109
Trump Blowing his own trumpet.
He's a convict and a rapist, but thank god he isn't a socialist! -
26
Crime Chinese Tenants Flee Without Paying Rent, Trash Property in Prachinburi
Nice neighbour. More than likely took a fee and didn't bother his ass to just look inside. Now... I guess if the neighbour was a woman then she would have poked her nose in daily! Curiosity as a cat. -
56
Best way to transfer money to Thailand please?
And I bet it had the International Transfer annotation too? I had similar but from the UK.
-
-
Popular in The Pub
-
Recommended Posts