Economy

Tourism minister predicts higher temperatures will help to bring an end to the coronavirus threat

Tourism minister predicts higher temperatures will help to bring an end to the coronavirus threat

February 23, 2020

Economy, Thailand:

As authorities in China, South Korea and Italy battle virulent outbreaks of the Convid 19 virus, China is faced with a thorny dilemma. Keep the… Read More ›

Jetstar cuts flights to Thailand from Australia as economic impact of the deadly virus threat still up in the air

Jetstar cuts flights to Thailand from Australia as economic impact of the deadly virus threat still up in the air

February 20, 2020

Economy, Thailand:

This week, a leading travel industry insider revealed that cancellations from Japanese tour groups are running at 80% as the Chinese market is still effectively… Read More ›

US auto giant GM is pulling out of Thailand to focus on more profitable markets. 1,500 jobs lost for now

US auto giant GM is pulling out of Thailand to focus on more profitable markets. 1,500 jobs lost for now

February 18, 2020

Economy, Thailand:

A binding contract to sell the plant to Chinese car company Great Wall Motor Company has been signed which will see it take over the… Read More ›

Virus threat still acute with 35th infection in Thailand while China’s death toll ticks ever higher

Virus threat still acute with 35th infection in Thailand while China’s death toll ticks ever higher

February 17, 2020

Economy, Thailand:

WHO Directors calls for a balance between sounding the alarm and hysteria as investigators arrive in China. The White House last week indicated that it… Read More ›

Tourism minister gets real about tourism – arrivals down by 50%, pushes late night opening hours

Tourism minister gets real about tourism – arrivals down by 50%, pushes late night opening hours

February 14, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The comments for Minster Phiphat come as the world has been shocked with higher numbers of deaths and infections emerging from China. The coronavirus has… Read More ›

Bombshell from China as deaths and infections surge linked with a lack of test kits in ravaged Hubei province 

Bombshell from China as deaths and infections surge linked with a lack of test kits in ravaged Hubei province 

February 13, 2020

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

Experts in China interpret the news as a sign that the Chinese leadership is drawing a line under the panic and confusion in the battle… Read More ›

Thailand awaits Chinese recovery as oil shoots up amid hopes that the crisis may be over by April this year

Thailand awaits Chinese recovery as oil shoots up amid hopes that the crisis may be over by April this year

February 12, 2020

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

Ship at sea: On Wednesday, the Thai Marine Department said it had not been approached by the US ship Westerdam to dock in Thailand following… Read More ›

Parliament to meet on Thursday to reapprove the 2020 budget and send it to the Senate for approval

Parliament to meet on Thursday to reapprove the 2020 budget and send it to the Senate for approval

February 9, 2020

Economy, More News from Thailand, Politics, Thai World, Thailand:

On Friday, the ex-Democrat MP who exposed the proxy voting in the House of Representatives welcomed the court’s decision and also suggested that the MPs… Read More ›

80% of China’s economy remains shutdown as Thai Deputy PM warns of another economic storm

80% of China’s economy remains shutdown as Thai Deputy PM warns of another economic storm

February 7, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The war being fought by Chinese authorities right now is of deep concern to the wider world and particularly Thailand. China is caught between the… Read More ›

Bank of Thailand says it has more scope as the economy is left reeling from biting coronavirus setback

Bank of Thailand says it has more scope as the economy is left reeling from biting coronavirus setback

February 6, 2020

Economy, Foreigners, More News from Thailand, Thailand:

A weaker baht since the beginning of the year is the one bright spot but the roiling problems that have beset the Thai economy since… Read More ›

Thai trade negotiators review a new Thai UK trading relationship and possible free trade deal after 2020

Thai trade negotiators review a new Thai UK trading relationship and possible free trade deal after 2020

February 4, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Indications suggest that the United Kingdom will move to create its own trading regulations and standards which may be less political and more pragmatic than… Read More ›

US Commerce Secretary Ross calls on US firms to review investments in China after coronavirus outbreak

US Commerce Secretary Ross calls on US firms to review investments in China after coronavirus outbreak

February 4, 2020

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

The former investor and top Trump administration official has called for a careful review of supply chains linked with China. Thailand, for now, appears to… Read More ›

Thai Airways suspends flights to six Chinese destinations as coronavirus outbreak grows with 304 deaths

Thai Airways suspends flights to six Chinese destinations as coronavirus outbreak grows with 304 deaths

February 2, 2020

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

The outbreak has now claimed over 300 lives and the infection rate has jumped to 14,400 as work in 21 provinces in China responsible for… Read More ›

Bank interest rate cut anticipated as a devastated tourism industry battles with the Chinese coronavirus threat

Bank interest rate cut anticipated as a devastated tourism industry battles with the Chinese coronavirus threat

February 1, 2020

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

The devaluation of the baht since the beginning of 2020 of over 5% cannot be underestimated. Amid the current crisis with the virus outbreak, the… Read More ›

Taxi driver is infected by Chinese tourist as Public Health Minister supports scrapping visa on arrival

Taxi driver is infected by Chinese tourist as Public Health Minister supports scrapping visa on arrival

January 31, 2020

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

Move is opposed by the minister’s fellow Bhumjiathai cabinet colleague, the Minister for Tourism, Phiphat Ratchakitprakarn and many tourism industry leaders who argue that tourism… Read More ›

Baht has retreated by 4.8% against the US dollar since the deadly coronavirus outbreak took hold

Baht has retreated by 4.8% against the US dollar since the deadly coronavirus outbreak took hold

January 30, 2020

Economy, Foreigners, Media, Personal, Thailand:

Thai manufacturing exports began to show some sign of improvement in December even with manufacturing still falling year on year. The budget vote debacle and… Read More ›

Prime Minister and Budget director issue strong warning about the legally stalled 2020 budget

Prime Minister and Budget director issue strong warning about the legally stalled 2020 budget

January 24, 2020

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

The Speaker of the House of Representatives sent the legal issue arising out of MPs facilitating each other on votes by using colleague’s voting cards… Read More ›

Vital ฿3.2 trillion spending bill could be sunk after former Democrat MP raises valid legal concerns 

Vital ฿3.2 trillion spending bill could be sunk after former Democrat MP raises valid legal concerns 

January 23, 2020

Economy, Foreigners, Personal, Politics, Thailand:

Deputy Prime Minister Somkid Jatusripitak has expressed concern at the development but says officials are ready to respond to keep the economy primed in this… Read More ›

Bank of Thailand relaxes property lending rules as ministers move to boost bank liquidity for firms

Bank of Thailand relaxes property lending rules as ministers move to boost bank liquidity for firms

January 21, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Given the external factors and the relatively small size of the Thai economy, the government and economic chiefs are doing what it has to do… Read More ›

Low hanging cable on a public road swipes two female tourists from a motorbike in Kanchanaburi

Low hanging cable on a public road swipes two female tourists from a motorbike in Kanchanaburi

January 20, 2020

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

The Two women from Spain and Argentina were taken to a local hospital for treatment and were fully conscious but shocked after they were swept… Read More ›