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Chief ASEAN economist says protests not helping Thailand’s weak economy recover

The Ministry of Finance is proposing to get Thais to shop the country out of recession. They’ve proposed an extension to the shopping co-payment scheme, Khon La Khrueng (Let’s Go Halves), first introduced last month. The scheme aims to encourage spending by offering Thai shoppers discounts of up to 150 baht a day at participating stores, to a maximum of 3,000 baht per person for the duration of the campaign.

Supak Chaiyawan from the Ministry of Finance says a proposal to extend the scheme will be submitted to the Centre for Economic Situation Administration for approval next week. The hope is that people will still be able to avail of discounted prices over the New Year holidays.

The campaign started on October 23 and is currently due to expire on December 31, with participating stores refunded by the government, who transfer payments through Thung Ngern app.

Supak says she hopes to…

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