BANGKOK : Thailand’s 500 billion baht ($13.53 billion) handout scheme aims to reach the wider population and boost the overall economy through stimulus, a finance official said on Wednesday, responding to central bank recommendations it be targeted towards the poor. The central bank confirmed to Reuters it had sent a letter to cabinet with its recommendations on the digital wallet policy, following a request from the government to provide feedback. The Bank of Thailand had…

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The Bill, which could trigger the rare step of barring a company from operating in the US market, passed the Senate by a 79-18 vote three days after it cleared the House of Representatives with strong bipartisan support. Biden has stated he will sign the legislation. He reiterated his concerns…

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