Articles by: Joseph O' Connor

Foreigners in Thailand have nearly ฿600 billion in the bank as inequality and poverty rise alarmingly

Foreigners in Thailand have nearly ฿600 billion in the bank as inequality and poverty rise alarmingly

August 11, 2021

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

Figures published this week show a strong financial system but a deeply dysfunctional economy plagued by growing inequality. Thailand’s economic problems date back to well… Read More ›

Rising prospect of GDP contraction for 2021 may see government breach the legal public debt limit

Rising prospect of GDP contraction for 2021 may see government breach the legal public debt limit

August 4, 2021

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

The Thai government is facing ever more dismal economic prospects as an export sector leader warns of calamity if firms continue to lose hundreds of… Read More ›

Phuket and Ko Samui pilot tourism reopenings feel the strain as infection numbers rise on holiday islands

Phuket and Ko Samui pilot tourism reopenings feel the strain as infection numbers rise on holiday islands

July 31, 2021

Economy, Living, Personal, Thai World, Thailand:

The collapse of Thailand’s foreign tourism industry since April 2020 has seen Thailand, a country already experiencing a lower than normal growth level, become the… Read More ›

A dead mother beside her children and a taxi driver who slept, show us a nation riven by an extended crisis

A dead mother beside her children and a taxi driver who slept, show us a nation riven by an extended crisis

July 27, 2021

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

Shocking stories from the streets, a rented room, taxi and even a temple tell us about a crisis and suffering that is more stark and… Read More ›

Party leader and popular candidate for PM calls for political unity, presents a plan to defeat the virus

Party leader and popular candidate for PM calls for political unity, presents a plan to defeat the virus

July 25, 2021

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

Khunying Sudarat Keyuraphan is an experienced former cabinet minister who was the leading candidate for Prime Minister of the largest Thai political party during the… Read More ›

State regulatory process linked with Thailand’s vaccination programme’s chronic delays admits top official

State regulatory process linked with Thailand’s vaccination programme’s chronic delays admits top official

July 23, 2021

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

The National Vaccine Security Act 2018, a law passed by the National Legislative Assembly, appears to have been the template for the government’s incoherent vaccine… Read More ›

10-year visas for the right kind of foreigner who can play a part in Thailand’s economic future

10-year visas for the right kind of foreigner who can play a part in Thailand’s economic future

July 17, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Plan from Thailand’s Energy Minister and Deputy Prime Minister at the Centre for Economic Situation Administration (CESA) highlights the need to attract foreigners with capital,… Read More ›

Economic fears rising as Thailand faces a bigger crisis than 1997 with rising job losses and debt

Economic fears rising as Thailand faces a bigger crisis than 1997 with rising job losses and debt

July 13, 2021

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

Any growth at all now for 2021 is questionable as the head of the Public Debt Management Office suggests the government may be able to… Read More ›

Tensions within government as COVID-19 crisis grows darker with public confidence in free fall

Tensions within government as COVID-19 crisis grows darker with public confidence in free fall

July 11, 2021

Economy, Personal, Politics, Thai World, Thailand:

A key player has emerged at the heart of government at the centre of its struggle to survive during the COVID-19 emergency. Controversial but reputedly… Read More ›

Only 1.8% of the people in one poll this week said that they had any confidence in the government

Only 1.8% of the people in one poll this week said that they had any confidence in the government

July 9, 2021

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

Loei MP Lertsak Pattanachaikun warned that Thailand could become a failed state with rising public debt and an economy which, unlike other world economies right… Read More ›

Transport ministry looks at launching Thailand’s own shipping line to support economic growth

Transport ministry looks at launching Thailand’s own shipping line to support economic growth

July 3, 2021

Economy, Personal, Thai World, Thailand:

Thailand, whose GDP is 50% driven by exports, has a 90% deficit in shipping tonnage putting the kingdom’s exporters and importers at a disadvantage. A… Read More ›

Baht falling with confidence in Thailand waning as foreign tourism closure and virus drive funds out

Baht falling with confidence in Thailand waning as foreign tourism closure and virus drive funds out

June 30, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Strong public opposition to the reopening of Thailand to foreign tourists from mid-October and the flight of capital from the kingdom could spell a difficult… Read More ›

Central bank to lower GDP growth forecast as its attention turns to private sector debt management

Central bank to lower GDP growth forecast as its attention turns to private sector debt management

June 22, 2021

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

Bank appears to be getting ready to tackle skyrocketing household debt levels which continue to significantly outpace GDP gains. Such a move could in itself… Read More ›

Thailand abstains as the UN calls for Myanmar’s return to democracy and a junta arms embargo to quell conflict

Thailand abstains as the UN calls for Myanmar’s return to democracy and a junta arms embargo to quell conflict

June 20, 2021

Personal, Politics, Thai World, Thailand:

Young people across Myanmar take up arms as the wave of protests against the February 1st coup morphs into an effort to create an alternative… Read More ›

Coalition MPs support opposition’s constitutional reform plan to scrap the Senate’s right to vote on PM 

Coalition MPs support opposition’s constitutional reform plan to scrap the Senate’s right to vote on PM 

June 17, 2021

Foreigners, More News from Thailand, Politics, Thailand:

14 amendments will be debated by the Thai parliament from June 22nd to 24th including a call by all parties involved in Wednesday’s meeting with… Read More ›

Defiant Prayut vows to lead his government to full term until 2023 election and post virus economy

Defiant Prayut vows to lead his government to full term until 2023 election and post virus economy

June 16, 2021

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

PM offered an apology on Tuesday after he came out fighting on Monday evening following a day of crisis when the vaccine supply debacle over… Read More ›

Loan bill passes but Thai economic prospects are not bright with a 1.8% 2021 GDP gain predicted

Loan bill passes but Thai economic prospects are not bright with a 1.8% 2021 GDP gain predicted

June 12, 2021

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

The Kingdom and the government must strive hard to keep up the vaccination drive to have any chance of overcoming the virus crisis but the… Read More ›

Anutin: General Election may be called by the PM within the next 12 months after cabinet advice

Anutin: General Election may be called by the PM within the next 12 months after cabinet advice

June 9, 2021

Economy, Personal, Politics, Thai World, Thailand:

The government also scored notable victories in the parliamentary sphere last week with the passage of the budget bill, the appointment of Minister of Finance,… Read More ›

Supreme Court Chief sets up panel to investigate bribery claims linked to ฿11 billion tax appeal by Toyota

Supreme Court Chief sets up panel to investigate bribery claims linked to ฿11 billion tax appeal by Toyota

June 7, 2021

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

Allegations of corruption relating to the tax case have been looked into by two leading US law firms and are being investigated by federal prosecutors.… Read More ›

IMF urges government to loosen nation’s purse strings as finances tighten with the tax take down

IMF urges government to loosen nation’s purse strings as finances tighten with the tax take down

June 5, 2021

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

Washington based monetary policy institute warns the Covid-19 virus is still the master of the economic situation as the human suffering in Thailand takes its… Read More ›