Articles by: Joseph O' Connor

Challenge of the virus and closure to tourism leads to major long term changes in the Thai economy 

Challenge of the virus and closure to tourism leads to major long term changes in the Thai economy 

December 14, 2020

Economy, Foreigners, More News from Thailand, Thailand:

A vaccination passport for inoculated travellers, which may be compulsory, could be the key to reopening the world’s sky lanes in the latter half of… Read More ›

Baht breaks ฿30 to the dollar barrier as funds flow into Thai markets driven by a US Biden victory

Baht breaks ฿30 to the dollar barrier as funds flow into Thai markets driven by a US Biden victory

December 10, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The take-off of a stronger baht will make the management of the economy for Thai authorities more difficult as the last quarter of 2020 and… Read More ›

Political experts fear Biden Presidency could turn very sour for Thailand after US Senate resolution

Political experts fear Biden Presidency could turn very sour for Thailand after US Senate resolution

December 7, 2020

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

The language used in the draft resolution put before the US Senate Committee on Foreign Relations presented a clear message of support for the wave… Read More ›

Finance Minister says economy must pivot away from tourism with a switch to S-Curve industries

Finance Minister says economy must pivot away from tourism with a switch to S-Curve industries

December 3, 2020

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

New Finance Minister Arkhom Termpittayapaisith appeared, this week, to signal that the government was intent on moving the emphasis of the kingdoms’ economy away from… Read More ›

State home loan bank issues a profit warning as it works to assist indebted home loan borrowers in the crisis

State home loan bank issues a profit warning as it works to assist indebted home loan borrowers in the crisis

December 3, 2020

Economy, Personal, Thai World, Thailand:

Bank chief also announces that the payment deadline for November is extended for four days and that National Credit Bureau data will not be sent… Read More ›

Steady as she goes economy driven by exports and public investment with a 3.3% growth rate forecast for 2021

Steady as she goes economy driven by exports and public investment with a 3.3% growth rate forecast for 2021

November 28, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Public confidence is key as Thailand’s economy flies into 2021 on one engine without foreign tourism. A steady, underlying recovery, seen since the third quarter,… Read More ›

Prime Minister rules out dialogue with the ‘mob’ who he accuses of threatening to disrupt Bangkok

Prime Minister rules out dialogue with the ‘mob’ who he accuses of threatening to disrupt Bangkok

November 25, 2020

Personal, Politics, Thai World, Thailand:

General Prayut was at the Foreign Ministry where he met the United States -ASEAN Council. His comments come as police on Tuesday issued over a… Read More ›

Thailand unlikely to reopen doors to mass-market tourism before the end of 2021 until after a full vaccination

Thailand unlikely to reopen doors to mass-market tourism before the end of 2021 until after a full vaccination

November 19, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The Thai currency has been the subject of international financial players in the last few weeks who are buying up debt and assets wagering that… Read More ›

Strengthening baht predicted as investors bet on a reopening of Thailand to mass tourism in 2021

Strengthening baht predicted as investors bet on a reopening of Thailand to mass tourism in 2021

November 17, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The new Bank of Thailand boss, Sethaput Suthiwart-Narueput, is also signalling a more hands-off approach to the currency which since the start of November is… Read More ›

World’s biggest free trade deal just signed will be a huge boost for the Thai economy and exports 

World’s biggest free trade deal just signed will be a huge boost for the Thai economy and exports 

November 15, 2020

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

The trade deal is a definite blow to US interests in the Asia Pacific while key economists see it leading to enhanced prosperity and integration… Read More ›

Thai ministers set out ambitious agenda to make the kingdom the dominant digital player in ASEAN

Thai ministers set out ambitious agenda to make the kingdom the dominant digital player in ASEAN

November 12, 2020

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

Another seminar, later in the week, heard a more down to earth assessment as Thai entrepreneur, Amarit Charoenphan, bemoaned the closure of the kingdom to… Read More ›

Experts see a brighter day under a Biden/ Harris US administration as PM pens congratulations

Experts see a brighter day under a Biden/ Harris US administration as PM pens congratulations

November 10, 2020

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

Top Thai economist predicts that Senator Kamala Horris will become the first female US president while government officials are preparing for a reopening and flourishing… Read More ›

US heading into a constitutional crisis with baht surging against the dollar and worried expats as events unfold

US heading into a constitutional crisis with baht surging against the dollar and worried expats as events unfold

November 6, 2020

Economy, Living, Personal, Thai World, Thailand:

Trump now seems resigned to a legal fight and has declared the election, which he appeared to be winning on Tuesday night, as ‘rigged’ through… Read More ›

Mounting pressure on the Prime Minister as reconciliation proposal pushed by House Speaker

Mounting pressure on the Prime Minister as reconciliation proposal pushed by House Speaker

November 4, 2020

Politics, Thailand:

Many of those involved with the current political process and standoff are suffering from fatigue not only at the insuperable obstacles and differences between the… Read More ›

US move against Thailand on trade is a warning as Thai exports to America boomed in September by over 19%

US move against Thailand on trade is a warning as Thai exports to America boomed in September by over 19%

November 1, 2020

Economy, Personal, Thai World, Thailand:

The decision, which came out of the blue this week after 12 years of talks, will impact Thai exports such as mango and pineapple making… Read More ›

Smart cities being proposed to house Chinese investors in the Eastern Economic Corridor project region

Smart cities being proposed to house Chinese investors in the Eastern Economic Corridor project region

October 29, 2020

Economy, Personal, Thai World, Thailand:

Thai Chinese business boss reveals that two Chinese firms have ฿10 billion earmarked and have already purchased land in Chachoengsao and Chonburi to build smart… Read More ›

Monarchy takes centre stage as Monday’s protests took place near the German Embassy in Bangkok

Monarchy takes centre stage as Monday’s protests took place near the German Embassy in Bangkok

October 27, 2020

Personal, Politics, Thai World, Thailand:

German foreign minister tells Reuters that the German government is monitoring the situation concerning the presence of the Thai King in Germany as the issue… Read More ›

Protest leader tells Prayut his term as PM is over as thousands again take to the Bangkok streets against him

Protest leader tells Prayut his term as PM is over as thousands again take to the Bangkok streets against him

October 26, 2020

Living, Personal, Politics, Thai World, Thailand:

Protesters taunted the Prime Minister by paraphrasing the monarch’s praise for a loyal supporter on Friday. ‘Very brave, very brave, good job, good job –… Read More ›

Rapidly rising debt levels in Thailand means that the country must open up to mass tourism quickly in 2021

Rapidly rising debt levels in Thailand means that the country must open up to mass tourism quickly in 2021

October 24, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The reality is that this economic crisis in Thailand is only now beginning to bite as already 10% of commercial bank borrowers who availed of… Read More ›

Severe emergency rescinded but the measure has worsened, not quelled the kingdom’s unrest as crisis looms

Severe emergency rescinded but the measure has worsened, not quelled the kingdom’s unrest as crisis looms

October 22, 2020

Personal, Politics, Thai World, Thailand:

The Thai Prime Minister made a gesture to the protest movement but it is unlikely to result in talks. Both sides inhabit different worlds. It… Read More ›