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Posted
4 hours ago, snoop1130 said:

which will help boost the local economy.

but will bring a big burden to the country in the coming years as interests and pay back the loan must be done.... Other ideas would have done much better for the economy instead of one time pay out of 10k, which in fact is nothing in a year time

  • Agree 1
Posted
19 hours ago, snoop1130 said:

The Thai Finance Ministry plans to introduce a 10,000-baht digital wallet scheme for 50 million local residents. The registration for this will start in August 2024. This initiative targets Thai citizens who are aged above 16 with low income and minimal savings. The aim of this program is to stimulate the economy by encouraging electronic spending at local shops

Goal posts moving?

Hope the registration goes as smoothly as the senate election.. it will be a breeze.

  • Haha 2
Posted

This will be interesting. 175 billion baht to be spent between October and December2024 and only 152 billion for the whole year of 2025. Looks like a good way to cause inflation.

Posted

This will bring inflation to rise and make more problem for thais with loans. When price on food and services goes up it wont get down again. Its good for the people in the short term but real bad in the Long term. 

Posted
41 minutes ago, NoDisplayName said:

Now that I have a pink ID and am a tax resident in Thailand and liable to pay tax on all income remitted, do I get a digital wallet, too?

No. Probably means you're married so kiss your income goodbye and the 10k will be gone in the blink of an eye.

Posted
5 hours ago, NoDisplayName said:

Now that I have a pink ID and am a tax resident in Thailand and liable to pay tax on all income remitted, do I get a digital wallet, too?

Do you have black hair and brown eyes?

😂🐒🐘

Posted

It starts with this project to get the population used to it, but the ultimate goal is much worse, in my opinion,

What worries me anyway is that CBDC, yesterday I read that within a year countries like Thailand, Brazil, Russia, China, Hong Kong, and the UAE will start a project called mBridge.
94% of the world's central banks are considering a CDBC says the BIS.


Would such a request from Krungthai bank have anything to do with that, with their message  "Krungthai Bank urges iPhone users to enable lockdown mode"

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