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.

Thanyapura Football

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
German tourist killed, struck by parasail speedboat propeller, off Kamala

Cops were busy taking photos but failed to notice the Korean wedding photographers of which there we...(Read More)


Phuket airport suffers blackout as truck slams power pole, flights not affected

No mention of the standard "investigation" of the reckless fool that either fell asleep, w...(Read More)


Cambodia to ban elephant rides at Angkor temples, Paris bans circus elephants

Great that now 1 asian country takes up the thinking that elephants are no scooters/motorbikes to si...(Read More)


Police release initial report into Phuket deadly building collapse

Great to see that the police are now qualified structural engineers on top of everything else. 24 hr...(Read More)


Speedboat destroyed as garbage pile fire spreads near homes

A lesson 'expensively' learned. Never have garbage piles, near houses, car's, boats. A...(Read More)


Police release initial report into Phuket deadly building collapse

The police major talked to much and to fast as a non professional about construction work. They alw...(Read More)


Chinese ‘tourists’ arrested in Phuket for illegally operating foreign exchange online

Thailand hardly has jurisdiction regarding foreigners working online. ...(Read More)


Phuket airport suffers blackout as truck slams power pole, flights not affected

A 10 wheel truck diver, speeding faster than he can think ( think?) and survived the heavy impact. ...(Read More)


Five-metre python caught in Wichit, residents worry over missing cats

Worry not, as python skin fetches about $50 USD per meter- with longer intact skins netting eve...(Read More)


Prawit warns Thanathorn: 'No protests'

In a democratic country, not ruled by generals, is it normal to protest in peace in the streets. Bar...(Read More)