Kata Rocks
THE PAVILIONS 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.

BRITISH INTERNATIONAL SCHOOL, 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: Can we please have a moratorium on stupidity, shame?

@C.S.. I heard about a study that the brain of female Caucasians deteriorates much faster when a per...(Read More)


Defendant shoots dead plaintiff, lawyer in courtroom

Remind me of that other thai police general who flew to Japan with a gun+bullits in his hand luggage...(Read More)


Defendant shoots dead plaintiff, lawyer in courtroom

A retired police general,.. a emotional unbalanced defendant, was allowed to get into court with a g...(Read More)


Swedish woman killed by motorbike while crossing Khao Lak highway

Wasn't as dangerous when it was only 2 lanes but [GASPS] drivers weren't able to go as fast...(Read More)


Phuket Opinion: Can we please have a moratorium on stupidity, shame?

@Albator, desal is the most expensive water source, and reqs high energy and results in many environ...(Read More)


‘Copyright agents’ face arrest warrants for krathong floats ‘sting’

Copyright infringement is a crime that's not taken very seriously by 'locals'. It's ...(Read More)


Phuket officials crunch numbers to stave off island water-shortage crisis

Kurt,talking about playing dumb ? Mr.Somsawat clearly talked about registered people{ 394000}.He wen...(Read More)


Phuket officials crunch numbers to stave off island water-shortage crisis

In 1 speech the V/G is talking about preventing water shortest, followed by talking about how to sol...(Read More)


Phuket Opinion: Can we please have a moratorium on stupidity, shame?

Not a dissertation, simply an opinion on why banana republic type thinking proliferates on and near ...(Read More)