Thailand only rolled out its surprisingly controversial cash handouts in late September, doling out 10,000 Thai baht ($303) to eligible Thai citizens in a bid to revive the country’s flagging consumption.
Yet Thapanee Techajareonvikul, CEO of Thai retail conglomerate Berli Jucker, is already seeing the effects of the cash handout. “September was a very good month for us,” she says, noting that the cash handouts helped boost sales even if they were only disbursed in the last week of the month.
