BANGKOK — As stock prices in Thailand slump and its household debt swells, the country is seeing shades of the Asian currency crisis of the late 1990s. In response, Prime Minister Srettha Thavisin is pressing forward with his economic agenda, headlined by a plan to hand out 10,000 baht ($285) per person to 50 million Thais via a digital wallet.
However, this cornerstone pledge of Srettha’s election campaign faces skepticism from Chartchai Parasuk, director and economist at private economic research company Thai Research and Training, who warns of adverse effects on the Thai economy.
