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Analysts pinpoint winners in new stimulus scheme

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Traditional retailers, small merchants and Thong Fah stores are expected to be the main beneficiaries of the co-payment scheme, says Tris Rating. (Photo: Chanat Katanyu)

Analysts are highlighting retail and consumer stocks as the major beneficiaries of Thailand's latest consumer stimulus programme called "Thai Chuay Thai Plus", which is expected to provide short-term support for domestic consumption to stabilise the economy.

Key facts

Summary

The co-payment stimulus runs from June 1 to Sept 30 and covers 43.2 million eligible recipients, including 30 million participants under the standard programme plus 13.2 million state welfare cardholders.

Analysts said the measure is unlikely to deliver a major economic boost, but should help to cushion weak domestic spending amid persistently high living costs and fragile consumer confidence.

Read full article at Bangkok Post →