Economy

Warning signs in new banking and employment reports as virus crisis hits Thailand’s bottom line hard

Warning signs in new banking and employment reports as virus crisis hits Thailand’s bottom line hard

August 2, 2020

Economy, Living, Thailand:

With Thailand’s foreign tourism sector closed and stasis at the top driven by virus fears, the economy’s industrial and domestic base is also being ravaged.… Read More ›

Cabinet reshuffle with six new ministers sent for the King’s approval this week by Prime Minister

Cabinet reshuffle with six new ministers sent for the King’s approval this week by Prime Minister

August 1, 2020

Economy, Politics, Thailand:

New lineup sees only two sitting Palang Pracharat MPs and one ex-MP elevated to a ministerial role. It is also coming at a time of… Read More ›

Facebook under investigation over translation blunder as minister criticises the social network

Facebook under investigation over translation blunder as minister criticises the social network

July 31, 2020

Economy, Media, Thailand:

Minister for Digital Economy and Society, Buddhipongse Punnakanta, criticised Facebook this week for offering ‘little cooperation’ to Thai authorities in removing material requested under current… Read More ›

Lowering of US flag in Chengdu is a wake-up call for foreigners living in Thailand and with close ties here

Lowering of US flag in Chengdu is a wake-up call for foreigners living in Thailand and with close ties here

July 28, 2020

Economy, Living, Thailand:

The escalating tensions between the US and China are now at unprecedented levels. It is time for foreigners in Thailand and those with ties to… Read More ›

June export figures show a 23% decline on last year but the economy will recover by end of 2021

June export figures show a 23% decline on last year but the economy will recover by end of 2021

July 24, 2020

Economy, Thailand:

Dismal set of figures from the Ministry of Commerce on exports just adds to the economic woes facing the Prime Minister’s proposed new economic team… Read More ›

44-year-old pervert to appear on kidnapping and murder charges following street attack in Bangkok

44-year-old pervert to appear on kidnapping and murder charges following street attack in Bangkok

July 23, 2020

Economy, Thailand:

Nadet Sitmanomai used a van he had borrowed from his employer in Samut Sakhon as an instrument of murder on 42-year-old Somkiat Kriangkraiwakin as he… Read More ›

Foreigners arriving in Thailand in now increasing numbers targeted by a fake news campaign online

Foreigners arriving in Thailand in now increasing numbers targeted by a fake news campaign online

July 22, 2020

Economy, Media, Thailand:

The deepening economic effect of this crisis is leaving behind a ravaged tourism industry in hotspots such as Bangkok, Pattaya and Phuket. Swathes of the… Read More ›

Visa amnesty agreed as emergency decree is linked to the controlled entry of Thais and Foreigners

Visa amnesty agreed as emergency decree is linked to the controlled entry of Thais and Foreigners

July 21, 2020

Economy, Politics, Thailand:

Deputy Army Chief, Nattapol Nakpanich, says the State of Emergency is required to manage the screening and entry of returning Thais and foreigners into the… Read More ›

Police investigate flash student protests over the weekend, top activist calls for urgent legal action

Police investigate flash student protests over the weekend, top activist calls for urgent legal action

July 20, 2020

Economy, Politics, Thailand:

Political experts in Thailand are not holding out much hope for the flash protests staged on Saturday evening and Sunday organised by a body calling… Read More ›

Public virus fear: Poll shows that 95% of people want foreigners barred from entering Thailand at this time

Public virus fear: Poll shows that 95% of people want foreigners barred from entering Thailand at this time

July 19, 2020

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

The shocking poll number comes as one of Thailand’s leading health practitioners, Dr Prasit Watanapa of Siriraj University, has called for the government to tighten… Read More ›

PM facing a political challenge from within the ruling party which put him into power in 2019 over cabinet plans

PM facing a political challenge from within the ruling party which put him into power in 2019 over cabinet plans

July 18, 2020

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

A flurry of phone calls and approaches to top business and financial executives in the past week has been made as Prime Minister Prayut Chan… Read More ›

Doors closed to a European diplomat who came from the airport to a Bangkok condo building after flight

Doors closed to a European diplomat who came from the airport to a Bangkok condo building after flight

July 17, 2020

Economy, Personal, Thai World, Thailand:

Standoff in Khlong Toei as police were called at 8 pm after a European Union diplomat insisted on access. The incident drew clarification today from… Read More ›

Economic team led by Somkid quits government in a shock move as rumours spread of a new lineup

Economic team led by Somkid quits government in a shock move as rumours spread of a new lineup

July 16, 2020

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

Wednesday’s shock resignation of the non-aligned economic team will lead to a cabinet reshuffle at an earlier stage. It may also lead to political infighting… Read More ›

Thailand may have to live with the virus but can recover in two years says outgoing central bank chief

Thailand may have to live with the virus but can recover in two years says outgoing central bank chief

July 15, 2020

Economy, Personal, Politics, Thai World, Thailand:

Outgoing Bank of Thailand boss, Veerathai Santiprabhob, says economic recovery may mean having to live with up to 30 infections per day as the government… Read More ›

Entry for privileged groups tightened up as flack swirls over Egyptian military’s flying visit to Rayong

Entry for privileged groups tightened up as flack swirls over Egyptian military’s flying visit to Rayong

July 14, 2020

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

Dr Taweesilp Visanuyothin of the Centre for Covid-19 Situation Administration (CCSA) gave details surrounding the visit by 31 military personnel to Rayong onboard an Egyptian… Read More ›

Mystery Egyptian military flight revealed as exposing Thailand to the Covid 19 virus in Rayong province

Mystery Egyptian military flight revealed as exposing Thailand to the Covid 19 virus in Rayong province

July 14, 2020

Economy, Personal, Politics, Thai World, Thailand:

A 43-year-old Egyptian soldier was only tested on Saturday having flown from Rayong’s UTapao Airport on Friday to Chengdu in China and back again. The… Read More ›

Somkid ready to bow out of government as September cabinet reshuffle seems to be on the cards

Somkid ready to bow out of government as September cabinet reshuffle seems to be on the cards

July 12, 2020

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

Prime Minister Prayut Chan ocha has revealed that he has already approached some economists to take up a role in his new government but that… Read More ›

Plans to relaunch tourism from China thrown out as conflicting reports emerge of a new swine flu virus threat

Plans to relaunch tourism from China thrown out as conflicting reports emerge of a new swine flu virus threat

July 10, 2020

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

G4 was highlighted earlier this month by a team of Chinese disease control experts and derives from the 2009 Swine flu or H1N1 virus. The… Read More ›

Mini cabinet meets to focus on efforts to boost Thailand’s decimated post virus economy – May’s exports fell

Mini cabinet meets to focus on efforts to boost Thailand’s decimated post virus economy – May’s exports fell

July 10, 2020

Economy, Personal, Politics, Thai World, Thailand:

The move comes as Thailand’s economic leadership resumes regular meetings with dismal numbers emerging from the country’s industrial and export sector for May. Thailand’s exports,… Read More ›

Senior Thai officials and medical elite warn that Covid 19 remains a threat even with borders closed to travellers

Senior Thai officials and medical elite warn that Covid 19 remains a threat even with borders closed to travellers

July 9, 2020

Economy, Personal, Thai World, Thailand:

Thailand’s Covid 19 centre has warned of complacency among the Thai public following the publication of an opinion poll this week which showed two-thirds of… Read More ›