Govt plan lets lottery losers save for retirement


Bangkok is introducing a novel policy that allows citizens to convert money spent on losing digital lottery tickets into retirement savings, describing the scheme as a means to “return profit” and encourage thrift in the face of an ageing population.

Ekniti Nitithanprapas, Deputy Prime Minister and Finance Minister, confirmed the plan on Wednesday, revealing he has instructed the Permanent Secre­tary to finalise the criteria for the mechanism.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Australian woman wakes up to find 2.5m python on her chest
Education, people's well-being are vital focuses of 13MP, King decrees
Engineer in India drowns after waiting nearly two hours for rescue as car falls into pit at mall site
Myanmar's solar market grows with Chinese innovation
Nadia Kesuma laid to rest in Jeddah after subuh prayer
Rapper Namewee claims trial for possessing ED drug, meth
FBM KLCI slips as traders turn cautious on growing geopolitical tension
Selangor has highest bankruptcy rate, teachers form significant proportion
Singapore jails former pre-school employees who covered up cook’s sexual assault on two-year-old girl
Immigration officer caught in KLIA passenger entry misconduct

Others Also Read