Oak Maedow Phuket
Oak Maedow Phuket BRITISH INTERNATIONAL SCHOOL, PHUKET Kata Rocks
The Phuket News Novosti Phuket Khao Phuket

Login | Create Account | Search


Phase 2 of Taste-Shop-Spend tour scheme ups game

Phase 2 of Taste-Shop-Spend tour scheme ups game

BANGKOK: The second phase of perks for spending outside home provinces under the Taste-Shop-Spend scheme will offer cash back of up to 20% of spending worth up to 50,000 baht, with the number of recipients capped at 2 million.


By Bangkok Post

Saturday 19 October 2019, 11:30AM


The government will launch the second phase of perks to boost spending and promote tourism. Photo: Prasit Tangprasert / Bangkok Post

The government will launch the second phase of perks to boost spending and promote tourism. Photo: Prasit Tangprasert / Bangkok Post

The second phase will provide a higher cash rebate to encourage those with high purchasing power to spend, said Charnkitt Dejvitak, the vice-minister attached to the prime minister.

The second phase's details have been approved by Finance Minister Uttama Savanayana and are set to go before the cabinet next Tuesday, Mr Charnkitt said.

Registration for the second phase will be opened shortly after the cabinet gives the nod, he said.

The second phase's recipients will receive 15% cash back for spending of up to 30,000 baht at participating merchants through Krungthai Bank's Pao Tang app. The rebate rate will rise to 20% for more than 30,000 to 50,000 baht spent.

"Target groups of the second phase are unlike those of the first one," Mr Charnkitt said.

"The Finance Ministry is aiming at those who have high purchasing power for the second phase. First phase's recipients are eligible to the same privilege as the second one when they spend through Pao Tang app," he added.

MACNELS SHIPPING PHUKET

In the event that the second phase receives an overwhelming response from the public, the Finance Ministry could consider increasing the number of recipients.

The cash rebate scheme will be extended to the year-end from Nov 30 to help boost the economy.

The first phase of Taste-Shop-Spend, part of the 316-billion-baht stimulus package, comprises a 1,000-baht cash giveaway and a 15% cash rebate for spending of up to 30,000 baht for 10 million recipients aged 18 and up.

Mr Charnkitt said the Finance Ministry will reallocate the leftover budget from the 19-billion-baht budget for the first phase to finance the second phase to avoid additional fiscal burden.

Read original story here.

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

CAPTCHA

Be the first to comment.

 

Have a news tip-off? Click here

 

Phuket community
Phuket Opinion: Ghost of Phuket past rears its ugly head

I also agree to island man, that a big part of the chaos will be back soon, but please let me point ...(Read More)


COVID vaccine ready ‘next year’

so Thailand is closed for at least another year...(Read More)


COVID vaccine ready ‘next year’

Thailand's population is usually estimated at 66 million. Why does 50% coverage need 70 million ...(Read More)


Phuket’s notorious Nui Beach club finally torn down

A Thai Official 'alone' has no 'image respect'. Comes with back up in numbers to fee...(Read More)


Phuket Opinion: Ghost of Phuket past rears its ugly head

Look at the large shopping centres in Phuket Town and Patong. Everything (branded) the same, from s...(Read More)


Jumbo death spurs call to shun plastic bags

Look at Phuket beaches at shadow locations under the trees where thai families spread plaids and eat...(Read More)


COVID vaccine ready ‘next year’

As world wide several countries already are in human vaccine testing phase, it is going to look that...(Read More)


Phuket Opinion: Ghost of Phuket past rears its ugly head

Kurt,having a slow day again ? It wasn't about the price paid for an advertisement !...(Read More)


Jumbo death spurs call to shun plastic bags

The main point seems to be missed in this article. It is not the plastic bags killing the wildlife. ...(Read More)


Phuket Opinion: Ghost of Phuket past rears its ugly head

It does get very tiring having to have a Thai ask the price for every single item you want to purcha...(Read More)