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Thailand Government Begins Stimulus Handout

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Thousands of Thais lined up to receive cheques worth 2,000 baht each. The Thai Government has begun handing out cheques worth $55 each to millions of low income earners in a move it says will help stimulate the country's ailing economy. The so-called "help the nation" programme launched on Thursday is worth more than $500m and targets more than nine million people earning less than 15,000 baht (or about $424) a month. Critics however have condemned the hand-out, labelling it a "buy-off" from a Government they say came to power through illegal means.

Thailand Government Begins Stimulus Handout

Webmaster 0 3289 Article rating: No rating

Thousands of Thais lined up to receive cheques worth 2,000 baht each. The Thai Government has begun handing out cheques worth $55 each to millions of low income earners in a move it says will help stimulate the country's ailing economy. The so-called "help the nation" programme launched on Thursday is worth more than $500m and targets more than nine million people earning less than 15,000 baht (or about $424) a month. Critics however have condemned the hand-out, labelling it a "buy-off" from a Government they say came to power through illegal means.

Thailand Government Begins Stimulus Handout

Webmaster 0 3289 Article rating: No rating

Thousands of Thais lined up to receive cheques worth 2,000 baht each. The Thai Government has begun handing out cheques worth $55 each to millions of low income earners in a move it says will help stimulate the country's ailing economy. The so-called "help the nation" programme launched on Thursday is worth more than $500m and targets more than nine million people earning less than 15,000 baht (or about $424) a month. Critics however have condemned the hand-out, labelling it a "buy-off" from a Government they say came to power through illegal means.

True Launches Fastest Thai Broadband

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True Online launched Thailand's fastest broadband internet service yesterday. The 8-megabit connection costs 1,199 baht per month. The True Corporation subsidiary will expand its high speed broadband presence in Chiang Mai, Phuket and Chon Buri this year. It also plans to spend between 1.5 billion and 3 billion baht within two years to increase its Bangkok broadband capacity to 800,000 users. An additional 420 million baht is slated to increase international bandwidth from twelve to seventeen gigabits next month.

True Launches Fastest Thai Broadband

Webmaster 0 1358 Article rating: No rating

True Online launched Thailand's fastest broadband internet service yesterday. The 8-megabit connection costs 1,199 baht per month. The True Corporation subsidiary will expand its high speed broadband presence in Chiang Mai, Phuket and Chon Buri this year. It also plans to spend between 1.5 billion and 3 billion baht within two years to increase its Bangkok broadband capacity to 800,000 users. An additional 420 million baht is slated to increase international bandwidth from twelve to seventeen gigabits next month.

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