Economy

Pita shares cast a pall over historic May 14th Election, fears that the results may be nullified by a court

Pita shares cast a pall over historic May 14th Election, fears that the results may be nullified by a court

June 3, 2023

Economy, Living, Politics, Thailand:

This week, there appeared to be little traction in the public’s mind or acceptance that the results of the General Election outcome, acclaimed, more and… Read More ›

Rejected ฿10k digital wallet plan ditched by Pheu Thai with moves towards a social welfare state

Rejected ฿10k digital wallet plan ditched by Pheu Thai with moves towards a social welfare state

June 1, 2023

Economy, Living, Politics, Thailand:

Earlier proposals by the Pheu Thai Party for a ฿600 minimum wage by 2027 and a guaranteed salary of ฿25,000 for graduates at the same… Read More ›

Thailand’s economy at a tipping point as markets wake up to the potential for political turmoil

Thailand’s economy at a tipping point as markets wake up to the potential for political turmoil

May 30, 2023

Economy, Living, Media, Politics, Thailand:

Baht is down against the dollar but what may take Thailand’s leadership by surprise is both the perception of the election result outside the kingdom… Read More ›

Move Forward’s ฿450 minimum wage in 100 days seen as an earthquake moment for Thai factories

Move Forward’s ฿450 minimum wage in 100 days seen as an earthquake moment for Thai factories

May 29, 2023

Economy, Living, Politics, Thailand:

Business leaders sending a strong warning to the proposed new government that the private business sector cannot absorb a shock rise in the minimum daily… Read More ›

Deputy PM Wissanu says waiting out the Senate’s voting power beyond May 2024 is not really viable

Deputy PM Wissanu says waiting out the Senate’s voting power beyond May 2024 is not really viable

May 25, 2023

Economy, Living, Politics, Thailand:

There are only three developments that can lead to a political crisis being avoided in early August with Mr Pita Limjaroenrat’s name being nominated in… Read More ›

Election vote for Move Forward may have been a cry for help from voters mired in short-term debt

Election vote for Move Forward may have been a cry for help from voters mired in short-term debt

May 19, 2023

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

Business frets about political instability and the potential policies of a Move Forward Pheu Thai government but there already appears to be growing problems beneath… Read More ›

Pita, Move Forward and seven other parties meet in Bangkok and come out smiling, ready to govern

Pita, Move Forward and seven other parties meet in Bangkok and come out smiling, ready to govern

May 18, 2023

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

The right noises are being heard with growing support, even among senators, for respecting the democratic mandate with the Move Forward Party being urged, however,… Read More ›

Closer ties between Bangkok and Shanghai hailed with recent visit of powerful Chinese Mayor

Closer ties between Bangkok and Shanghai hailed with recent visit of powerful Chinese Mayor

May 16, 2023

Economy, Foreigners, More News from Thailand, Thailand:

A top Thai official sees stronger links between China and cooperation between Thai and Chinese entrepreneurs as critical to the future industrial development of the… Read More ›

Pita plots a new coalition government with Pheu Thai but open conflict has already raised its head in the Senate 

Pita plots a new coalition government with Pheu Thai but open conflict has already raised its head in the Senate 

May 15, 2023

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

Sunday’s election victory by the Move Forward Party marks a historic shift in Thai politics as the electorate voted for principle and a more progressive… Read More ›

Move Forward Party’s good election result leaves uncertainty as to who will form the next government

Move Forward Party’s good election result leaves uncertainty as to who will form the next government

May 14, 2023

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

The results were good news for the Bhumjaithai Party and Deputy Prime Minister Anutin Charnvirakul and may be seen as a rejection of Mr Chuwit… Read More ›

Scorching electricity costs may sear the economic recovery with a new threat to reduced inflation 

Scorching electricity costs may sear the economic recovery with a new threat to reduced inflation 

May 14, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand’s inflation rate fell to 2.67% in April from 2.8% in March and is within the Bank of Thailand’s targeted range but the continued high… Read More ›

Crackdown on foreign tourism abuses with police in hotspots targeting Chinese and Russian gangs

Crackdown on foreign tourism abuses with police in hotspots targeting Chinese and Russian gangs

May 8, 2023

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

The crackdown involves targeting firms licensed in the foreign tourism sector run by foreigners that are not on a pre-approved list while police in tourist… Read More ›

Dark predictions as the opposition parties look set to sweep to power in next weekend’s General Election

Dark predictions as the opposition parties look set to sweep to power in next weekend’s General Election

May 8, 2023

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

Video clip paints a sombre picture of the country’s future as the PM’s party raises the brooding spectre of political instability as it and other… Read More ›

Thailand: you can leave but you must pay ฿1,000 more. Departures tax hailed as the kiss of death

Thailand: you can leave but you must pay ฿1,000 more. Departures tax hailed as the kiss of death

May 6, 2023

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

The new levy is being proposed by the Revenue Department under a 1983 legal provision with public hearings already scheduled for the coming week. It… Read More ›

Tourism boss calls for special state body to manage the new foreign tourism levy postponed yet again

Tourism boss calls for special state body to manage the new foreign tourism levy postponed yet again

May 6, 2023

Economy, Personal, Thai World, Thailand:

Plans this year to have airlines collect the proposed ฿300 levy ran into difficulty while industry leaders are anxious to see the proposal for emergency… Read More ›

Technical recession looks like it may be avoided with stronger than expected first quarter showing

Technical recession looks like it may be avoided with stronger than expected first quarter showing

May 2, 2023

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

Foreign tourism is driving both a healthier current account position and rising domestic expenditure, again proving that this economic engine is critical to Thailand’s real… Read More ›

Running with the hare, hunting with the hound, Thailand looks at strengthening Baht Yuan ties

Running with the hare, hunting with the hound, Thailand looks at strengthening Baht Yuan ties

May 1, 2023

Economy, Personal, Thai World, Thailand:

The rising clamour of a world heading into conflict is making its presence felt on media channels with talk of de-dollarisation as the coming conflict… Read More ›

Business calls for input on energy policy as cabinet agrees on ฿11 billion for electricity bill supports

Business calls for input on energy policy as cabinet agrees on ฿11 billion for electricity bill supports

April 28, 2023

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

Over the last few months, the business sector in Thailand has become openly critical of the government’s handling of the country’s electricity supply policy and… Read More ›

Bank of Thailand governor gives veiled warning to voters on the danger posed by populist policies

Bank of Thailand governor gives veiled warning to voters on the danger posed by populist policies

April 27, 2023

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

The Bank of Thailand is by statute independent of the government but reportedly works closely with the Prime Minister’s economic team including the Ministry of… Read More ›

Lights out for the PM’s chances as people get shocked by sky-high electricity bills in the post

Lights out for the PM’s chances as people get shocked by sky-high electricity bills in the post

April 25, 2023

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

The hot weather and the absence of subsidies have led to Thai voters receiving an unpleasant shock just weeks before they go to the polls.… Read More ›