Economy

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, 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, 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, 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 ›

Inequality has been rising in Thailand since 2015 as the kingdom becomes officially an aged society in 2021

Inequality has been rising in Thailand since 2015 as the kingdom becomes officially an aged society in 2021

January 16, 2020

Economy, Foreigners, More News from Thailand, Thailand:

By 2100, Thailand’s population will have dropped by over 32% to 46 million with an increasingly aged society. In the short term, there are also… Read More ›

Future Forward Party push law to open up beer production in Thailand in a bottom-up economic approach

Future Forward Party push law to open up beer production in Thailand in a bottom-up economic approach

January 15, 2020

Economy, Foreigners, Personal, Politics, Thailand:

The Progressive Breweries and Distilleries Act was published by the radical new party in Thai politics this Tuesday by leader  Thanathorn Juangroongruangkit. It is the… Read More ›

Finance minister says government top economic priority is reform which requires large inward investment

Finance minister says government top economic priority is reform which requires large inward investment

January 13, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The minister emphasised that any measures taken to curb the value of the Thai baht will be part of a package and will not interfere… Read More ›

Electricity price freeze requested by Deputy PM to help Thai households cope with the slower economy

Electricity price freeze requested by Deputy PM to help Thai households cope with the slower economy

January 12, 2020

Economy, Personal, Thai World, Thailand:

The kingdom’s Electricity Generating Authority is one of the country’s success stories providing power to businesses and homes at an economical cost while maintaining a… Read More ›

Thaksin and Yingluck strike out into the exciting new world of DNA health technology in LA with new product 

Thaksin and Yingluck strike out into the exciting new world of DNA health technology in LA with new product 

January 10, 2020

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

The ex-premiers are co-founders of the UK firm with Professor Chris Toumazon and Dr Maria Karvela. DNA nudge is currently based in Covent Garden in… Read More ›

Battle against the bully baht to save the Thai economy from further economic slowdown in 2020

Battle against the bully baht to save the Thai economy from further economic slowdown in 2020

January 9, 2020

Economy, Personal, Thai World, Thailand:

The Deputy Secretary-General at the Office of the Prime Minister Kobsak Pootrakool this week highlighted the ‘worrying’ situation that the Thai economy finds itself in… Read More ›

Polls show the public becoming more polarised as Deputy PM assures public there is nothing to worry about

Polls show the public becoming more polarised as Deputy PM assures public there is nothing to worry about

January 5, 2020

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

Super Poll’s Noppadol Kannikar while commenting on the latest disturbing findings has criticised the coalition government’s messaging which he concludes is being outdone by Future… Read More ›

Economy continues to spiral downwards as the baht breaks the ฿30 barrier in the other direction

Economy continues to spiral downwards as the baht breaks the ฿30 barrier in the other direction

December 31, 2019

Economy, Foreigners, More News from Thailand, Thailand:

The malaise in Thailand’s export and manufacturing sector is beginning to feed more and more into employment levels with a series of factory closures before… Read More ›

Rice price spike but drought conditions to recede – security concern for the Mekong river

Rice price spike but drought conditions to recede – security concern for the Mekong river

December 30, 2019

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

Last year at the height of the drought crisis, the Thai government reached out to Beijing and called in the Chinese ambassador to discuss conditions… Read More ›

Chinese domination of Thailand’s e-commerce sector to grow further with the Eastern Economic Corridor

Chinese domination of Thailand’s e-commerce sector to grow further with the Eastern Economic Corridor

December 28, 2019

Economy, Personal, Thai World, Thailand:

Thailand appears to have lost out in the race to find its own Jack Ma or e-commerce market leader in a market increasingly dominated by… Read More ›

Output down by over 7% as the government opens social security to older self-employed Thais

Output down by over 7% as the government opens social security to older self-employed Thais

December 26, 2019

Economy, Foreigners, Personal, Politics, Thailand:

In spite of lowering factory output, exports and depressed public sentiment, the Thai state’s revenue for October and November grew by 4.6%, well ahead of… Read More ›

Survey says that 10% of Thai bank accounts have 93% of funds with 19% having less than ฿500

Survey says that 10% of Thai bank accounts have 93% of funds with 19% having less than ฿500

December 24, 2019

Economy, Foreigners, More News from Thailand, Thailand:

It comes as the Bank of Thailand Governor points to ‘disappointing’ prospects for 2020 as the bank reduced its forecast for this year and next.… Read More ›

Thailand cannot afford another year like 2019 and the borrowing stakes are getting higher moving into 2020

Thailand cannot afford another year like 2019 and the borrowing stakes are getting higher moving into 2020

December 11, 2019

Economy, Foreigners, More News from Thailand, Thailand:

On the positive side, there are three bright hopes. One is a decline in the value of the Thai baht against the expectations of financial… Read More ›

Richest man in Thailand calls for less time spent at school and a Thai education revolution for a new era

Richest man in Thailand calls for less time spent at school and a Thai education revolution for a new era

December 6, 2019

Economy, Foreigners, Personal, Politics, Thailand:

The Chairman of Charoen Pokphand Group Dhanin Chearavanont made his radical thinking on education public at the World Education Forum in Paris this week. The… Read More ›

PM’s speech may signal a tougher line in dealing with the Thai baht now thwarting growth of the economy

PM’s speech may signal a tougher line in dealing with the Thai baht now thwarting growth of the economy

December 2, 2019

Economy, Foreigners, More News from Thailand, Thailand:

The chief strategist of Krungthai Bank Jittipol Puksamatanan believes that Thailand’s massive $222 billion in foreign reserves is what is driving the appreciation of the… Read More ›

Outlook for the Thai economy is bleak and will get bleaker due to its rapidly ageing population – biggest issue

Outlook for the Thai economy is bleak and will get bleaker due to its rapidly ageing population – biggest issue

December 1, 2019

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

Thailand is facing an array of economic challenges that will take radical and strong leadership to even keep at bay in the next twenty years… Read More ›

Thailand and Hong Kong plot closer economic ties and free trade pact as the city is mired in political crisis 

Thailand and Hong Kong plot closer economic ties and free trade pact as the city is mired in political crisis 

November 30, 2019

Economy, Personal, Thai World, Thailand:

Thailand is to use Hong Kong as a gateway to China’s Greater Bay area while Hong Kong will use Thailand as a gateway to the… Read More ›