screen me up: Shoppers check out TV prices at a fair held in Bangkok. The FPO says VAT receipts, an indicator of domestic consumption, rose by 7.2% in February from a year ago. In terms of the household economy, however, it still faces the uphill task of easing the plight of the grassroots. While growth reached 4% in the first quarter, many people, particularly in households and the grassroots economy, have yet to notice much improvement. The government is prepared to inject 100 billion baht into the grassroots economy via its Thai Niyom Yangyuen scheme in the second half of this year, in the hope things turn around.

Source: Bangkok Post May 20, 2018 02:50 UTC