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Bangkok Post
Bangkok Post
Business

SHOCKING: Co payment scheme offers limited boost | Mind Blowing Facts

Thanavath Phonvichai
Consumers browse food options at a Bang Kapi market as they decide what to order. Smaller vendors participating in the co-payment scheme saw average sales increase by 10% compared with the period before the subsidy. (Photo: Varuth Hirunyatheb)

As the government's "Thai Chuay Thai Plus" co-payment scheme approaches its halfway point, industry associations view its impact as minimal.

Somchai Pornrattanacharoen, honorary advisor to the Thai Wholesale and Retail Trade Association, said small retailers participating in the scheme could see sales rise by up to 50% during the programme.

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