Articles by: Joseph O' Connor

Finance Ministry talks up 2024 GDP prospects with a fall in exports for June and slashed car output

Finance Ministry talks up 2024 GDP prospects with a fall in exports for June and slashed car output

July 26, 2024

Economy, Living, Politics, Thailand:

Finance Ministry talks up projected GDP figure for 2024 as exports fall and car production dips. Tourism and debt concerns persist as the government battles… Read More ›

Digital Wallet plan greeted with scepticism as country quails at the prospect of an August political upheaval

Digital Wallet plan greeted with scepticism as country quails at the prospect of an August political upheaval

July 25, 2024

Economy, Living, Politics, Thailand:

Minister Pichai Chunhavajira’s Digital Wallet scheme failed to excite pundits. The announcement of upcoming Constitutional Court decisions on PM Srettha’s fate and the dissolution of… Read More ›

Power of Anutin and Bhumjaithai grows as Pheu Thai and Srettha make an embarrassing U-turn on Pot

Power of Anutin and Bhumjaithai grows as Pheu Thai and Srettha make an embarrassing U-turn on Pot

July 23, 2024

Economy, Living, Politics, Thailand:

Pheu Thai caves to Bhumjaithai pressure and halts cannabis recriminalisation. Parliament to decide as public support for police enforcement and closure of the industry is… Read More ›

Anutin raises the stakes a notch as he expresses opposition to the PM’s policy outlawing cannabis by year’s end

Anutin raises the stakes a notch as he expresses opposition to the PM’s policy outlawing cannabis by year’s end

July 19, 2024

Economy, Living, Politics, Thailand:

Anutin confronts the PM over cannabis policy and pledges to vote against criminalisation. He says the data is incomplete and questions the reversal of the… Read More ›

Top Thai firm in widening crisis after fraud claims by the Securities and Exchange Commission (SEC)

Top Thai firm in widening crisis after fraud claims by the Securities and Exchange Commission (SEC)

July 18, 2024

Crime, Economy, Living, Thailand:

Energy Absolute (EA) in crisis as fraud allegations hit. Confidence in Thailand’s EV industry, Stock Exchange, and leading banks damaged. EA’s share price decimated while… Read More ›

Economy faces a liquidity crisis as the property and manufacturing sectors nosedive impeding growth

Economy faces a liquidity crisis as the property and manufacturing sectors nosedive impeding growth

July 16, 2024

Economy, Living, Thailand:

Property and manufacturing sectors plummet, access to credit tightens, and economic chiefs warn of worsening conditions. Analysts doubt 2.6% GDP growth for 2024 amid rising… Read More ›

Economy in bad shape as the Revenue Department ramps up demands for more taxpayers to pay up

Economy in bad shape as the Revenue Department ramps up demands for more taxpayers to pay up

July 15, 2024

Economy, Living, Politics, Thailand:

Revenue Department boss Kulaya Tantitemit emphasised that her department had sent out 100,000 letters to individuals and entities who should be reporting for tax. Certainly,… Read More ›

War in Myanmar is making Thai officials nervous with ominous signs that the military junta is faltering

War in Myanmar is making Thai officials nervous with ominous signs that the military junta is faltering

July 8, 2024

Crime, Foreigners, Living, More News from Thailand, Politics, Thailand:

Thai Army secures Moroccans’ release amid Myanmar chaos. Junta struggles to maintain control. Thailand faces a rising Drug Trafficking pattern from the Golden Triangle.  There… Read More ›

Can of Beans raises the issue of the real cost of living for foreigners in Thailand amid policy debate

Can of Beans raises the issue of the real cost of living for foreigners in Thailand amid policy debate

July 7, 2024

Economy, Living, Personal, Thai World, Thailand:

Can of beans raises questions in the real cost of living debate for foreigners in Thailand. Viral TikTok by Irish-UK tourists highlights ฿420 price tag… Read More ›

Narcotics Suppression Bureau voted on Friday to reschedule Cannabis as an illicit drug by January 1st 2025

Narcotics Suppression Bureau voted on Friday to reschedule Cannabis as an illicit drug by January 1st 2025

July 5, 2024

Foreigners, Living, More News from Thailand, Politics, Thailand:

Narcotics Control Board votes to make recreational cannabis illegal by January 1, 2025. Pro-cannabis groups to rally in Bangkok on Sunday night. Leader Prasitchai Noonual… Read More ›

Top Thai insurer says no more new policies for EV cars. Later, it emphasised renewals case by case

Top Thai insurer says no more new policies for EV cars. Later, it emphasised renewals case by case

July 2, 2024

Economy, Foreigners, Living, More News from Thailand, Thailand:

Thailand’s second-largest EV insurer, Tokio Marine, stops new policies and reviews renewals case-by-case following guidance on high accident rates, costly parts and falling car values.… Read More ›

Huge ‘unofficial’ victory for Bhumjaithai in Senate election with new poll showing only 2.2% support

Huge ‘unofficial’ victory for Bhumjaithai in Senate election with new poll showing only 2.2% support

July 1, 2024

Living, Personal, Politics, Thai World, Thailand:

A national opinion poll reveals the Move Forward Party still climbing in support with Pheu Thai falling. In the meantime, the Bhumjaithai Party, with only… Read More ›

Second Trump Presidency threatens further damage to the baht, the economy and Thai money markets

Second Trump Presidency threatens further damage to the baht, the economy and Thai money markets

June 28, 2024

Economy, Living, Personal, Politics, Thai World, Thailand:

Former US President Donald Trump’s potential return to the Oval Office threatens further damage to the baht, Thai economy, and money markets. It raises concerns… Read More ›

Minister links higher inflation with increased growth. Calls a target policy hike saying 1% is ‘too low’

Minister links higher inflation with increased growth. Calls a target policy hike saying 1% is ‘too low’

June 27, 2024

Economy, Foreigners, Living, More News from Thailand, Politics, Thailand:

The government and the Bank of Thailand remain at odds. Top bank officials claim the economy is on track for quality growth. However, Deputy Finance… Read More ›

Thailand is now making progress in attracting more foreign direct investment to boost the economy

Thailand is now making progress in attracting more foreign direct investment to boost the economy

June 26, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s foreign investment rises. New government boosts FDI by 58% in five months. Japan leads with $1.1 billion, but job creation is down by 33%.… Read More ›

Assange lands in Bangkok as he spirits home to freedom and an end to his legal woes with the US

Assange lands in Bangkok as he spirits home to freedom and an end to his legal woes with the US

June 25, 2024

Foreigners, Living, More News from Thailand, Politics, Thailand:

Julian Assange lands in Bangkok en route to US territory to finalise a legal fight, then home to Australia. He will soon reunite with his… Read More ›

PM Srettha defends plan to let foreigners buy more condos and to extend lease terms up to 99 years

PM Srettha defends plan to let foreigners buy more condos and to extend lease terms up to 99 years

June 23, 2024

Economy, Living, Personal, Politics, Thai World, Thailand:

PM defends foreign condo ownership change and extended lease terms as public opposition makes itself felt. Government aims to extend foreign ownership from 49% to… Read More ›

Former Stark Chairman lands in Bangkok to face the music with nearly ฿15 billion in fraud losses

Former Stark Chairman lands in Bangkok to face the music with nearly ฿15 billion in fraud losses

June 23, 2024

Crime, Economy, Foreigners, Living, More News from Thailand, Personal, Politics, Thailand:

Chanin Yensudjai, nabbed in Dubai and deported, faces charges for the Stark Corporation scandal that rocked the Stock Exchange of Thailand (SET). Authorities are ready… Read More ›

Regional peace threatened. Shocking conflict between Chinese and Filipino forces at sea on Monday 

Regional peace threatened. Shocking conflict between Chinese and Filipino forces at sea on Monday 

June 21, 2024

Foreigners, Living, More News from Thailand, Politics, Thailand:

A violent clash between Chinese and Philippine forces at the Second Thomas Shoal leaves 8 Filipinos injured. US and Philippines brace for potential war as… Read More ›

Good news even as top banks lower 2024 GDP outlook. Thailand ranks ahead of UK in competitiveness

Good news even as top banks lower 2024 GDP outlook. Thailand ranks ahead of UK in competitiveness

June 19, 2024

Economy, Foreigners, Living, More News from Thailand, Thailand:

Good news for Thailand as S&P retains BBB+ rating despite lower GDP outlook and ฿500 billion Digital Wallet plan. Kingdom jumps ahead of the UK… Read More ›