Bangkok: The private sector has expressed strong support for the “Half-Half” scheme and is advocating for an increase in the daily allowance to 200 baht. Siripong Angkasakulkiat, deputy leader of the Bhumjaithai Party, noted the government’s transitional state and the Prime Minister’s reluctance to incur more debt due to existing high public debt levels. However, he emphasized that the proposal is reasonable and discussions with the Finance Minister are imminent to expedite the process following the policy statement.
According to Thai News Agency, Siripong shared insights from a meeting with the Thai Restaurant Association, Wongnai, Line Man, and Grab platforms, where the “Half-Half” program was a focal point. Prime Minister Anutin Charnvirakul regards it as a key initiative, and the private sector has shown readiness to collaborate by sharing restaurant data with the Ministry of Finance, potentially eliminating the need for existing platform users to re-register.
The meeting also addressed previous project concerns, such as excessive criteria, timeframes, and budgeting. The private sector’s proposal to increase the daily allowance from 150 to 200 baht was accepted in principle, though financial constraints may limit its full implementation. The Prime Minister aims to avoid additional borrowing, and the government plans to expand eligibility. Discussions with the Prime Minister will determine funding sources.
Concerns about retroactive tax collection were also discussed. Mr. Siripong confirmed that Prime Minister Anutin opposes retroactive taxation and suggested that benefits for taxpayers could be enhanced, pending further announcements.
Good news emerged from various platforms, suggesting potential special discounts under the “Half-Half” project. These proposals will be presented to the prospective Finance Minister to prepare for implementation, targeted to begin promptly after the government’s policy statement.
Mr. Siripong mentioned the Ministry of Finance’s assurance that existing applications won’t require modifications, simplifying the process for those already in the system. Those not yet registered will need to do so.
Thaniwan Kulmongkol, President of the Thai Restaurant Association, highlighted the economic challenges faced by approximately 700,000 vendors nationwide. Business closures and declining sales have led to mounting debt. She emphasized the “Half-Half” program as a critical survival tool for restaurant operators, a sentiment echoed by the public.
Ms. Thaniwan praised Bhumjaithai Party’s swift action and addressed tax concerns with Mr. Siripong, advocating for taxpayer rights and minimal conditions. She expressed optimism that the new government is listening to business concerns, unlike its predecessor during the COVID-19 pandemic.
Yod Chinsuphakul, CEO of LINE MAN Wongnai, expressed confidence in the program’s integration, given its established framework. He noted the program’s success in boosting small restaurant sales and suggested minor adjustments, such as a 4+1 payment system, for smoother operations.
Mr. Yod also anticipates an increase in economic activity with the daily limit raised to 200 baht, encouraging spending at higher-end restaurants and enhancing income distribution. The government is actively working to secure funds for the program, with expectations of significant restaurant registration increases and campaign promotions to stimulate the economy.