The government announced cabinet meeting results addressing public demands to review welfare card eligibility criteria, a major current issue. Prime Minister Anutin Charnvirakul noted that public feedback shows many struggling people fail the screening despite genuine need for help—such as those registered as owners of defunct vehicles still in records, or students advancing their education whose true circumstances don't match current criteria. The prime minister acknowledged gaps in welfare card screening rules. He stressed that citizens should not have to approach the state or wait for appeals; government agencies must instead proactively reach out to communities, conduct surveys, listen, and solve problems so deserving people don't fall through the system. He assigned the Interior Ministry to coordinate with provincial governors and local agencies to urgently survey those who failed screening but merit assistance, and submit data to the Finance Ministry for quick review. The Transport Ministry must accelerate updating vehicle registration databases, reduce citizen burdens in scrapping defunct registrations, and fast-track legal and regulatory amendments. The Finance Ministry must urgently review screening criteria to align with fact and current hardship, identify rules that exclude the deserving, and propose improvements to cabinet. The prime minister's recognition of public concerns and directive for proactive government action on welfare card screening is appropriate, with focus on updating data to reflect true circumstances, especially vehicle and motorcycle ownership rules—currently a severe problem. Without fixes, millions of citizens risk being left out. Additional affected groups include out-of-school students under the Education Ministry and vulnerable populations under the Social Development and Human Security Ministry, numbering hundreds of thousands. The hope is for more proactive government work to close loopholes and help people comprehensively and accurately.

Deputy Prime Minister and Finance Minister Ekniti Nitithanpraphas announced on July 21 that the government is rushing to hold a meeting this week to review criteria and conditions for a revised state welfare card program, with cabinet approval targeted for July 27. The initiative aims to help genuinely disadvantaged citizens, as public complaints have revealed that many unqualified applicants were receiving benefits. The Finance Ministry has identified 2.3 million additional eligible recipients who meet all new criteria.

During the review process, authorities discovered serious fraud involving approximately 20,000 to 30,000 cases where citizens' personal data was misused to register them as company directors without their knowledge, and fraudsters used their names to open stock trading accounts. Ekniti emphasized that genuine victims of this fraud will receive full assistance and benefit restoration, while perpetrators will face legal action. He stressed that companies using villagers' names as employees or board members of shell companies operated by business groups will be held accountable.

Ekniti outlined the welfare card program's principles, developed in consultation with the Interior Ministry, noting that the government will deploy officials to help affected communities. He reassured citizens that truly disadvantaged people have nothing to worry about and will receive full government support. The welfare card complements other assistance programs including elderly pensions of 600-1,000 baht monthly and disability benefits, all of which remain unchanged. The revised welfare card program will specifically target those with no existing welfare benefits.

Thai Credit Bank's Chief Executive Officer Roy Augustinus Kunara announced first-half 2025 results showing net profit of 2,153.9 million baht, a 17.8% increase compared to the same period last year, while second-quarter profit reached 989.3 million baht, up 6.9%. The bank's earnings per share totaled 1.74 baht for the half-year and 0.80 baht for Q2 2025, demonstrating strong and stable business fundamentals despite challenging economic conditions.

Key performance drivers included a 6.8% rise in interest income from sustained credit expansion, with total outstanding loans reaching 194,080.5 million baht at the end of Q2 2025—up 13.1% year-on-year. Micro SME credit grew particularly strongly at 13.9% following the launch of the new "SME Help Boost" credit product and the Micro SME Business Center, a comprehensive business advisory hub. Home-secured lending expanded 9.4% and personal lending surged 44.9%, while the bank also received compensation income from government flood-relief measures.

Interest expenses increased 9.7%, primarily from debt instruments and subordinated bonds issued as part of a strategic cost management plan aligned with current market conditions. Thai Credit Bank continues disciplined financial management with rigorous credit risk controls paired with proactive measures supporting business liquidity under government stimulus programs like the SMEs Credit Boost initiative, which helps entrepreneurs access funding efficiently at fair rates. The bank's net interest margin improved to 7.1% for the first half of 2025.

Asset quality remained well-managed, with the gross non-performing loan ratio rising slightly to 4.3% but staying within the bank's target range, while NPL coverage ratio held steady at a strong 148.2%, up from year-ago levels and positioned to absorb future economic uncertainty. The bank maintains confidence in achieving double-digit credit growth in 2025 while controlling its NPL ratio.

Kasikornbank reported first-half 2025 profit of 27.915 billion baht, up 6.22 percent, despite a slowdown in second-quarter economic activity. The bank expects a recovery in the second half driven by government stimulus measures, but faces ongoing risks from Middle Eastern conflict, energy prices, U.S. tariffs, and El Niño effects.

Kattiya Intravijai, president and chief executive of Kasikornbank, said Thai economic growth slowed in the second quarter amid mounting external pressures, particularly Middle East tensions, which have kept energy costs elevated and increased inflation and living-cost pressures domestically. Government stimulus measures have only partially flowed into the real economy, while tourism faces recovery constraints with foreign arrivals declining year-on-year. Electronics and AI-related exports performed strongly, but other export categories are weakening as trading partners' economies slow.

In the second half of 2025, Thai economic growth is expected to improve compared to the second quarter, with domestic spending supported by additional government economic stimulus measures. However, these efforts may prove insufficient to reverse the full-year slowdown, as the economy faces ongoing uncertainty from Middle East developments, which could keep global energy prices volatile and elevated. U.S. tariff policies, El Niño developments, and constraints on government spending disbursement and effectiveness remain significant challenges for Thai economic recovery in the remainder of the year.

Given the high-uncertainty economic environment, the bank is closely monitoring and assessing the situation to manage risks, adjust strategy, and implement operations flexibly while supporting customers through the uncertain period and backing government policy fully.

In the second quarter of 2025 compared to the first quarter, the bank and subsidiaries posted net profit attributable to the bank of 13.247 billion baht, down 9.68 percent. Quarter-on-quarter net profit attributable to the bank declined 0.98 percent when adjusted for a one-time investment valuation gain of 1.455 billion baht in the prior quarter. Net interest income totaled 31.432 billion baht, down 1.64 percent, while non-interest income rose 4.14 percent to 18.291 billion baht. Operating expenses came to 20.750 billion baht, up 7.63 percent, primarily from increased marketing costs tied to revenue growth and technology spending to enhance customer service capabilities. Year-on-year, however, operating expenses fell 0.26 percent, reflecting the bank's ongoing efficiency management strategy. The bank also set aside 10.019 billion baht in expected credit loss provisions to cover economic uncertainty and future challenges, both domestic and international, which carry high volatility and require close monitoring.

Actress Grace Kanjchanarak has clarified that she does not look down on bachelor's degrees, emphasizing that all levels of education have their own value. In a video clip, Grace explained that she began working at age 15 while pursuing her studies, and during her university years she had no clear goals and felt like she was just going through the motions. She noted that her bachelor's degree gave her only a diploma, but her master's degree represented a life-changing moment and a new chapter for herself. This sparked some misunderstanding that Grace was disparaging bachelor's degrees.

At a recent press conference for the 8th National SMART Academic Conference at Dhurakij Pundit University, Grace clarified that she never intended to devalue undergraduate education. She explained that each level of education has distinct value: a bachelor's degree provides essential foundational knowledge, while master's and doctoral degrees involve deeper specialization. She emphasized that studying is an expression of responsibility to society, not simply finding information from Google or AI and repeating it.

Grace also revealed her special instructor persona—while she is naturally funny, she still delivers knowledge fully, creating classes that are both informative and entertaining with no sleepy students. When asked about her earlier comments that she gained little from her bachelor's degree beyond the diploma, Grace clarified: "That was taken as a short clip, but I wasn't saying undergraduate education is worthless. I got my degree and credentials, but I couldn't build upon what I learned then because my current career is acting. That field of study didn't support my professional path to the end."

She continued: "A master's degree is deeper study in a field, and a doctorate is the deepest specialization in that subject. It doesn't mean I have more knowledge overall. A bachelor's degree is foundational education meant to be applied in a career—every degree has its use, but a doctorate specifically goes deep into one subject. I don't diminish or look down on bachelor's degrees. My point is that if you want to know something, know it properly in that field, because it's a responsibility. As someone whose words carry weight, I can't just search Google or AI and repeat it. Studying is showing responsibility to society."