Economy
Industry leader warns new government to think long term but welcomes fortnightly salary payouts
A court in 2019 ruled that teachers should get at least 30% of their salary paid to them for living expenses. This was the call… Read More ›
Srettha in New York as Move Forward’s Sirikanya calls for action on crippling household debt levels
Economy, Living, Politics, Thailand:
Move Forward’s Sirikanya Tansakul says that no worker should receive less than 30% of their monthly salary into their hands after debt payments are deducted… Read More ›
Bank of Thailand boss appears critical of the new government’s policy initiatives on the economy
Economy, Living, Politics, Thailand:
Sethaput Suthiwartnarueput has emphasised, for instance, that the central bank does not approve of using digital assets to pay for goods and services, an approach… Read More ›
Kamnan murder case sees probe into possible corruption in Ministry of Interior contract bids
Crime, Economy, Living, Thailand:
The murder of Police Lieutenant Colonel Siwakorn Saibua on Wednesday 6th September has unleashed a chain reaction with the spotlight now falling on suspected corruption… Read More ›
New Tourism minister gung ho that 2019 records can be smashed in 2024 despite falling spends
Easier visa-free access for Chinese tourists is a risky move amid lower demand with a rising flight of criminal classes and the desire by certain… Read More ›
Sobering news for new Pheu Thai ministers as economic growth rate continues to weaken
Economy, Living, Politics, Thailand:
A claim that Thailand can return to a 5% GDP growth rate made by Srettha Thavisin in Khon Kaen on Saturday is at odds with… Read More ›
Economy weakens with a July current account deficit as new cabinet plans lower electricity costs
Economy, Personal, Politics, Thai World, Thailand:
New Energy Minister Pirapan Salirathavibhaga speaks about sourcing oil supplies as the government seeks to carve a new energy policy and quickly reduce electricity costs… Read More ›
Srettha’s new 34-member cabinet takes power after audience with King in Bangkok on Tuesday
Economy, Foreigners, Living, More News from Thailand, Politics, Thailand:
New government to fan out into ministries as the country makes a new start on Thursday after a special cabinet meeting on Wednesday to prepare… Read More ›
New visa-free regime plan for Chinese tourists will see more criminal elements entering Thailand
Crime, Economy, Foreigners, Living, More News from Thailand, Thailand:
The Immigration Bureau has also expressed concern about queues and pressure at Suvarnabhumi Airport caused by the large number of Chinese arrivals expected to avail… Read More ›
Economy tanks as demand for loans surges with an acute credit crisis and falling export output reducing growth
Economy, Foreigners, Living, More News from Thailand, Politics, Thailand:
New government is taking the helm of an economy beset by structural problems amid a severe slowdown in China and global economic growth falling back… Read More ›
Concerns over household debt rising as banks report marginally lower non-performing loans
Economy, Living, Personal, Thai World, Thailand:
Plan to raise credit card minimum monthly debt repayment from 5% to 10% over two years in 2024 and 2025 gives some idea of how… Read More ›
Thailand preparing for a soft landing as ‘cracks’ open up in the Chinese economy says bank chief
Economy, Living, Personal, Thai World, Thailand:
Baht has been on a roller coaster ride coming from a 16-year low in October 2022 to a rapid 14.4% gain and this year seeing… Read More ›
Economic danger signals emerging as politicians wrangle over who will form the next government
Economy, Living, Personal, Thai World, Thailand:
A troubling external geo-political environment adds to the sense of danger with US President Joe Biden warning on Friday that China’s economy, on which Thailand… Read More ›
King’s son from America spreads cheer in surprise and some would say significant visit home
Culture, Economy, Living, More News from Thailand, Politics, Thailand:
From visiting an orphanage for children to riding a Tuk Tuk like any normal tourist in Bangkok to discussing Dharma with senior monks, the one-week… Read More ›
Central bank flirts with Yuan while overreliance on China negatively impacts Thai economic growth
Economy, Living, Personal, Thai World, Thailand:
Ongoing pandering to China and a mild but clear anti-American agenda pursued by Thai authorities such as attempts by the Bank of Thailand to encourage… Read More ›
Economy churns buoyant taxes but concern over low-spending short-haul tourists from Malaysia
Economy, Foreigners, Living, More News from Thailand, Politics, Thailand:
Figures for June arrivals show 79% of all foreign tourists to Thailand came from the Asia or Pacific region with 373,922 entering the kingdom, mostly… Read More ›
Bank of Thailand to tackle household debt in new plan from 2024 which will see higher standards
Economy, Living, Personal, Thai World, Thailand:
Hundreds of thousands of middle-class Thais are trapped in debt cycles that act as a continuous tax on their income at a high level, often… Read More ›
Senators to the fore as tide favours a conservative fix to install a more mature next government
Economy, Foreigners, Living, More News from Thailand, Politics, Thailand:
Fears that the petition accepted by the Constitutional Court last Wednesday relating to Article 112 of the Criminal Code and Section 49 of the 2017… Read More ›