Economy

Tourism Minister’s plans for later nightlife hours receive a tepid response from Interior colleague

Tourism Minister’s plans for later nightlife hours receive a tepid response from Interior colleague

August 20, 2019

Economy, Politics, Thailand:

Tourism minister has promised to discuss his plans with cabinet colleagues including the PM and says such a move would boost expenditure by up to… Read More ›

Thai Economic team fights back with ฿370 billion stimulus aimed at achieving 3% growth this year

Thai Economic team fights back with ฿370 billion stimulus aimed at achieving 3% growth this year

August 19, 2019

Economy, Politics, Thailand:

As some economists talk of recession, the new government economic cabinet is hoping to launch a counter-attack on the prevailing trend in the economy this… Read More ›

Foreign Minister comes out strongly against visa waiver proposals for China and India at cabinet

Foreign Minister comes out strongly against visa waiver proposals for China and India at cabinet

August 19, 2019

Economy, Politics, Thailand:

Proposals to be considered by the Thai cabinet on Tuesday. Minister draws attention to the problems of the Thai Embassy in New Delhi dealing with… Read More ›

Thailand recession fears as airline losses mount with lower tourist numbers and a strong baht

Thailand recession fears as airline losses mount with lower tourist numbers and a strong baht

August 16, 2019

Economy, Politics, Thailand:

Despite a contraction in exports and perhaps because of the fall of consumer demand, the country still maintained a healthy balance of payments surplus for… Read More ›

Nation media group outlines new digital strategy as Thailand’s traditional media slumps in new era

Nation media group outlines new digital strategy as Thailand’s traditional media slumps in new era

August 15, 2019

Economy, Media, Thailand:

By the end of August, 7 of Thailand’s former array of 22 TV channels in the digital spectrum will have gone dark. The Secretary-General of… Read More ›

Fury as British Embassy in Ploenchit bulldozed – sold to the Central Group for nearly ฿16 billion in record deal

Fury as British Embassy in Ploenchit bulldozed – sold to the Central Group for nearly ฿16 billion in record deal

August 14, 2019

Culture, Economy, Thailand:

British Ambassador Brian Davidson highlights that the building will be rebuilt and incorporated into the new mega-mall which will give the public in Thailand access… Read More ›

Thai drug dealers go high tech with online social media accounts the key mode of distribution

Thai drug dealers go high tech with online social media accounts the key mode of distribution

August 13, 2019

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

In July, Thai police chiefs issued stern warnings to logistics and transport companies in Thailand on their role and responsibilities in combating this new and… Read More ›

Economic stimulus ready for cabinet as Thailand braves a credit squeeze and reeling economy

Economic stimulus ready for cabinet as Thailand braves a credit squeeze and reeling economy

August 10, 2019

Economy, Personal, Politics, Thai World, Thailand:

Devaluation of the Chinese Yuan last weekend opened up a new set of challenges for Thailand and may have cemented the surprise interest rate cut… Read More ›

Bank of Thailand cuts interest rates in a surprise move as ING Bank predicts a second later this year

Bank of Thailand cuts interest rates in a surprise move as ING Bank predicts a second later this year

August 7, 2019

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

Thailand’s export industry has been ravaged by the US-China trade war that is now threatening to provoke an economic setback. The move today could be… Read More ›

Senior Thai minister calls for weaker baht and a target value of ฿32 against the dollar at Bangkok forum meeting

Senior Thai minister calls for weaker baht and a target value of ฿32 against the dollar at Bangkok forum meeting

August 5, 2019

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

The Moodys upgrade of the Thai government’s ratings and that of Thai banks last month underlines the country’s strong fundamentals which before July’s central bank… Read More ›

US Secretary of State in Bangkok heralds closer ties with ASEAN bloc – good news for Thailand 

US Secretary of State in Bangkok heralds closer ties with ASEAN bloc – good news for Thailand 

August 2, 2019

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

Statement by US Secretary of State Mike Pompeo on China’s upriver dams on the Mekong River on Thursday and an assurance that the United States… Read More ›

Thailand’s new move to boost the birth rate and fight the negative impact of an ageing population 

Thailand’s new move to boost the birth rate and fight the negative impact of an ageing population 

August 1, 2019

Culture, Economy, Personal, Thai World, Thailand:

The prospects for Thailand if the birth rate continues to decline, are grim. The population, now growing, could fall to 62 million in thirty years.… Read More ›

PM’s first day at the Defence Ministry as he also takes on police roles. Submarines to go-ahead 

PM’s first day at the Defence Ministry as he also takes on police roles. Submarines to go-ahead 

July 30, 2019

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

Thai PM was visiting the Ministry of Defence compound on Tuesday for the first time. He took time to pay homage to a number of… Read More ›

Thai expats launch website to campaign for easier immigration reporting rules for visa holders

Thai expats launch website to campaign for easier immigration reporting rules for visa holders

July 29, 2019

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

Some foreigners and expats have been critical of the move fearing a backlash from authorities. A UK man in Bangkok said: ‘I wouldn’t put my… Read More ›

Moody’s – debt is 98.5% denominated in Thai baht as two views of the economy are at odds 

Moody’s – debt is 98.5% denominated in Thai baht as two views of the economy are at odds 

July 28, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Employment levels have fallen for nine months in a row and growth of 3 to 3.6% this year is dependent on a government-led economic stimulus… Read More ›

Debate sees opposition hit the government on lack of economic detail and plans for more taxes

Debate sees opposition hit the government on lack of economic detail and plans for more taxes

July 26, 2019

Economy, Personal, Politics, Thai World, Thailand:

Opposition and Pheu Thai leader Sompong Amornwiwat raised questions about a government minister accusing him of being linked with illegal drugs and murder. It was… Read More ›

Microsoft accepts charges of corrupt payments in Thailand as it makes a deal with US investigators

Microsoft accepts charges of corrupt payments in Thailand as it makes a deal with US investigators

July 25, 2019

Economy, Foreigners, Living, Media, Thai World, Thailand:

A leader of an anti-corruption group says that Thailand’s anti-corruption watchdog was unaware of the case when he contacted officials this week. Mana Nimitmongkol is… Read More ›

Thailand’s small businesses and farmers are facing a crisis. The bankers are the ones that know

Thailand’s small businesses and farmers are facing a crisis. The bankers are the ones that know

July 23, 2019

Economy, Living, Personal, Thai World, Thailand:

There is a far bigger issue than just dealing with the current perfect storm of negative economic influences on small businesses and those struggling to… Read More ›

Exports to China in June down a whopping 15% as Thailand’s output to the United States also falls 

Exports to China in June down a whopping 15% as Thailand’s output to the United States also falls 

July 22, 2019

Economy, Personal, Thai World, Thailand:

Thailand’s export markets have been hit by a perfect storm including a sudden shift away from conventional automobiles in western countries and even Asia. This… Read More ›

Thai economy still growing, country in robust shape to navigate any choppy waters ahead: IMF

Thai economy still growing, country in robust shape to navigate any choppy waters ahead: IMF

July 21, 2019

Economy, Personal, Politics, Thai World, Thailand:

New Transport Minister, Saksayam Chidchob, has announced new second terminals for airports in Bangkok, Phuket and Chiang Mai. He also moved to have contracts signed… Read More ›