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Thursday, May 9, 2024

Chamber urges scaling back digital handout

The University of the Thai Chamber of Commerce (UTCC) has recommended the government reconfigure the contentious digital wallet initiative.

It suggests scaling down the scheme, concentrating exclusively on assisting low and middle-income individuals grappling with debt to redirect some funds towards investments in water management systems, addressing challenges posed by the El Niño weather phenomenon next year.

Anusorn Tamajai, director of the Digital Economy, Investment, and International Trade Research Center under the UTCC, said it is unnecessary for the…

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