Thai Private Hospitals Consider Exiting Social Security Scheme Due to Unsustainable Costs

BANGKOK (NNT) – Private hospitals in Thailand are considering withdrawing from the Social Security system due to unsustainable expenses. NHSO Revokes Contract With Nine Private Hospitals The hospitals said that the number of insured individuals has increased, while the per capita reimbursement rate has nearly halved. The Consumer Council has raised concerns, stating that the […]

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Thai Government to Roll Out 10,000 Baht Cash Payments in Digital Wallet Scheme

On September 9th, 2024, Deputy Prime Minister and Minister of Defense Phumtham Wechayachai revealed details about the 10,000-baht digital wallet scheme, set to be discussed at the first Cabinet meeting on September 17th. Thailand to Open Digital Wallet Registration Next Week Phumtham confirmed that the Thai government would proceed, with slight modifications for public assurance. […]

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Rakesh Saxena freed from jail, will be deported

Police have detained Bangkok Bank of Commerce (BBC) collapse kingpin Rakesh Saxena following his release from prison and he will be deported. Financier from Thailand’s boom years goes on trial The bank’s collapse through mismanagement of huge under-collateralised loans in 1995 marked the start of the Asian “Tom Yam Kung” financial crisis. Full story: Bangkok […]

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Thai Labor Ministry Plans 400 Baht Minimum Wage

BANGKOK (NNT) – Labor Minister Phiphat Ratchakitprakarn has revealed that the minimum daily wage could rise to 400 baht nationwide from October 1, despite concerns from business sectors. The increase follows discussions with business operators and a study by a subcommittee set up by the Ministry of Labor. The new policy, if implemented, is set […]

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