Small traders can pull their weightA food vendor puts up a sign to show the business has joined the 50-50 co-payment scheme aimed at boosting the economy. VARUTH HIRUNYATHEBWhen the Prayut Chan-o-cha government announced the launch of a populist 50-50 co-payment scheme as part of an economic stimulus package, some people questioned its virtue. It offers consumers a co-payment of 3,000 baht each, with a maximum daily payment of 150 baht. Such ventures, which leave several SMEs in the cold, provide wealthy businesses more access to consumers. State favours to bigger businesses may derive from the belief that they can generate more growth, yielding impressive GDP figures.

Source: Bangkok Post November 08, 2020 23:15 UTC