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Thailand delays cash handout to boost infrastructure amid growth concerns

Bangkok Post LogoBangkok Post7h ago

Thailand delays cash handout to boost infrastructure amid growth concerns - Bangkok Post

Quick Summary:

Thailand will delay its direct cash handout scheme and use its remaining budget of 157 billion baht to invest in water management, transport, logistics and soft loans for small businesses instead, Finance Minister Pichai Chunhavajira said on Monday.

The economy grew slightly faster than expected in the first quarter of 2025 at 3.1% annually.

The government's measures would help growth by 0.7 to 1.0 percentage points, he said, without giving a timeframe.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-19 @ 18:44:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 302 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 28816662

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About Bangkok Post

Bangkok Post Logo

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 22 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 6 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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The story "Thailand delays cash handout to boost infrastructure amid growth concerns" was covered 7 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post is a fully independent (privately-owned) news outlet established in 1946 that covers mostly economy and business news.

The outlet is headquartered in Thailand and publishes an average of 22 news stories per day.

It's most recent story was published 6 hours ago.

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