Dhanin proposes cash giving instead of New Year parties

BANGKOK: -- Dhanin Chearavanont, Chairman and CEO of Charoen Pokphand Group, Wednesday proposed that companies give cash to their workers instead of throwing New Year parties for them.

The amount of money should be tax deductible, he added. He said the workers would spend the cash buying goods and thus effectively reviving the sluggish economy.

Dhanin proposed the idea to Prime Minister Prayut Chan-o-cha while the two were attending an exhibition of grand sale fair for the poor at the Government House.

Source: http://www.nationmultimedia.com/breakingnews/Dhanin-proposes-cash-giving-instead-of-New-Year-pa-30250623.html


-- The Nation 2014-12-25

Doesnt the guy understand that by throwing newyears parties the economy gets stimulated too. Its not like the food and drinks and entertainment comes for free. Maybe he just wants to see it spend on different sectors.

I do wonder what he means with money given to employees should be deductible, i don't know of a country int he world where salary is not deductible. Maybe he means that the gift should not be taxed for wages tax or something like that.

What a Party-pooper......

"Dhanin Chearavanont, Chairman and CEO of Charoen Pokphand Group, Wednesday proposed that companies give cash to their workers instead of throwing New Year parties for them."

Then they will have more for tea money when picked up for drunk driving.

Going by the average Thai ''party'' I've attended over the 24 years I've been here the cash offer is indeed a better option.

I think it is a good idea. The workers would most likely prefer a few thousand baht bonus than have to get dressed and go to a party that they would rather not have to go to. I know I would!

I would certainly take the cash offer, but i just don't enjoy company parties.

However the Thai staff do seem to enjoy them, especially when there is free food and grog.

Doesnt the guy understand that by throwing newyears parties the economy gets stimulated too. Its not like the food and drinks and entertainment comes for free. Maybe he just wants to see it spend on different sectors.

What he means is that by parties his company does not benefit from them as much as when workers get cash who buy food made by CP or spend their money in 7-11.

Kind of like how the Walton family prefer it when there are more Americans on food stamps

Edited December 25, 201411 yr by Time Traveller

I get it give money then have cops lay in wait massive amounts of tea money plus company splits with police and gets tax deduction to boot sounds like WIN WIN to me 5555555

Should do both. CP can certainly afford.

I do not know who this idiot is but for the same reason if I want a Golden Retriever, I do not need some moron telling me to get a street dog.