Thailand to introduce retirement lottery to foster long-term savings
TUESDAY, DECEMBER 03, 2024
Lottery tickets will cost 50 baht each, with a draw for five 1-million baht prizes held every Friday; savings plus interest will be returned to members when they turn 60
THE NATIONAL Savings Fund (NSF) aims to invest in high-risk instruments such as corporate bonds and foreign funds once the size of the fund reaches Bt6 billion.