Economy

Finance Ministry talks up 2024 GDP prospects with a fall in exports for June and slashed car output

Finance Ministry talks up 2024 GDP prospects with a fall in exports for June and slashed car output

July 26, 2024

Economy, Living, Politics, Thailand:

Finance Ministry talks up projected GDP figure for 2024 as exports fall and car production dips. Tourism and debt concerns persist as the government battles… Read More ›

Digital Wallet plan greeted with scepticism as country quails at the prospect of an August political upheaval

Digital Wallet plan greeted with scepticism as country quails at the prospect of an August political upheaval

July 25, 2024

Economy, Living, Politics, Thailand:

Minister Pichai Chunhavajira’s Digital Wallet scheme failed to excite pundits. The announcement of upcoming Constitutional Court decisions on PM Srettha’s fate and the dissolution of… Read More ›

Government MP and House Chair calls for an urgent review of Thai Chinese visa waiver security resources

Government MP and House Chair calls for an urgent review of Thai Chinese visa waiver security resources

July 24, 2024

Crime, Economy, Living, Politics, Thailand:

MP calls for urgent review of Thai-Chinese visa deal after controversial signs. A government MP demands a review of security over the Thai-Chinese visa waiver… Read More ›

Power of Anutin and Bhumjaithai grows as Pheu Thai and Srettha make an embarrassing U-turn on Pot

Power of Anutin and Bhumjaithai grows as Pheu Thai and Srettha make an embarrassing U-turn on Pot

July 23, 2024

Economy, Living, Politics, Thailand:

Pheu Thai caves to Bhumjaithai pressure and halts cannabis recriminalisation. Parliament to decide as public support for police enforcement and closure of the industry is… Read More ›

Trump resurgent with new running mate JD Vance as President Biden pulls out of the race

Trump resurgent with new running mate JD Vance as President Biden pulls out of the race

July 21, 2024

Economy, Living, Politics, Thailand:

Biden faced Mounting Pressure as Trump rose with JD Vance: With Democratic calls for Biden to exit the race intensifying, the President has pulled out… Read More ›

Energy Minister confirms no rise in electricity prices as government policy aims for cheaper tariffs

Energy Minister confirms no rise in electricity prices as government policy aims for cheaper tariffs

July 20, 2024

Economy, Living, Politics, Thailand:

Thailand’s Minister of Energy scolds media and confirms no rise in electricity prices from September to December 2024, keeping rates stable at ฿4.18 per unit.… Read More ›

Anutin raises the stakes a notch as he expresses opposition to the PM’s policy outlawing cannabis by year’s end

Anutin raises the stakes a notch as he expresses opposition to the PM’s policy outlawing cannabis by year’s end

July 19, 2024

Economy, Living, Politics, Thailand:

Anutin confronts the PM over cannabis policy and pledges to vote against criminalisation. He says the data is incomplete and questions the reversal of the… Read More ›

Top Thai firm in widening crisis after fraud claims by the Securities and Exchange Commission (SEC)

Top Thai firm in widening crisis after fraud claims by the Securities and Exchange Commission (SEC)

July 18, 2024

Crime, Economy, Living, Thailand:

Energy Absolute (EA) in crisis as fraud allegations hit. Confidence in Thailand’s EV industry, Stock Exchange, and leading banks damaged. EA’s share price decimated while… Read More ›

Economy faces a liquidity crisis as the property and manufacturing sectors nosedive impeding growth

Economy faces a liquidity crisis as the property and manufacturing sectors nosedive impeding growth

July 16, 2024

Economy, Living, Thailand:

Property and manufacturing sectors plummet, access to credit tightens, and economic chiefs warn of worsening conditions. Analysts doubt 2.6% GDP growth for 2024 amid rising… Read More ›

Economy in bad shape as the Revenue Department ramps up demands for more taxpayers to pay up

Economy in bad shape as the Revenue Department ramps up demands for more taxpayers to pay up

July 15, 2024

Economy, Living, Politics, Thailand:

Revenue Department boss Kulaya Tantitemit emphasised that her department had sent out 100,000 letters to individuals and entities who should be reporting for tax. Certainly,… Read More ›

New Visa measure to go into effect on Monday. 60 days stay for visitors of up to 93 countries stamped on entry

New Visa measure to go into effect on Monday. 60 days stay for visitors of up to 93 countries stamped on entry

July 12, 2024

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

The package of four measures was approved by the Minister of the Interior Anutin Charnvirakul on Friday. A key development is the introduction of the… Read More ›

Can of Beans raises the issue of the real cost of living for foreigners in Thailand amid policy debate

Can of Beans raises the issue of the real cost of living for foreigners in Thailand amid policy debate

July 7, 2024

Economy, Living, Personal, Thai World, Thailand:

Can of beans raises questions in the real cost of living debate for foreigners in Thailand. Viral TikTok by Irish-UK tourists highlights ฿420 price tag… Read More ›

How to buy Property in Thailand. Expert guidance on doing it right from a team of top legal practitioners

How to buy Property in Thailand. Expert guidance on doing it right from a team of top legal practitioners

July 4, 2024

Economy, Living, PR News, Thailand:

A quick step-by-step guide into the dos and don’ts of property ownership in Thailand for foreigners prepared by your friends at Siam Legal so you… Read More ›

Axe to fall on duty-free on arrivals as Finance Minister pushes the message of an expanded tax base

Axe to fall on duty-free on arrivals as Finance Minister pushes the message of an expanded tax base

July 3, 2024

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

AXE TO FALL ON DUTY-FREE ON ARRIVAL SHOPS: Finance Minister Pichai Chunhavajira orders duty-free concessions at Thailand’s eight international airports to shut down, aiming to… Read More ›

Top Thai insurer says no more new policies for EV cars. Later, it emphasised renewals case by case

Top Thai insurer says no more new policies for EV cars. Later, it emphasised renewals case by case

July 2, 2024

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

Thailand’s second-largest EV insurer, Tokio Marine, stops new policies and reviews renewals case-by-case following guidance on high accident rates, costly parts and falling car values.… Read More ›

Thailand Elite Visa for Family Members

Thailand Elite Visa for Family Members

June 29, 2024

Economy, Living, PR News, Thailand:

Easily secure long-term stays in Thailand for your family while enjoying exclusive benefits with Thailand Privilege. One of the perks of being a Thailand Elite… Read More ›

Second Trump Presidency threatens further damage to the baht, the economy and Thai money markets

Second Trump Presidency threatens further damage to the baht, the economy and Thai money markets

June 28, 2024

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

Former US President Donald Trump’s potential return to the Oval Office threatens further damage to the baht, Thai economy, and money markets. It raises concerns… Read More ›

Minister links higher inflation with increased growth. Calls a target policy hike saying 1% is ‘too low’

Minister links higher inflation with increased growth. Calls a target policy hike saying 1% is ‘too low’

June 27, 2024

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

The government and the Bank of Thailand remain at odds. Top bank officials claim the economy is on track for quality growth. However, Deputy Finance… Read More ›

Thailand is now making progress in attracting more foreign direct investment to boost the economy

Thailand is now making progress in attracting more foreign direct investment to boost the economy

June 26, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s foreign investment rises. New government boosts FDI by 58% in five months. Japan leads with $1.1 billion, but job creation is down by 33%.… Read More ›

Harman, an advanced US electronics supplier to car makers invests ฿2.8 billion in new Chonburi plant

Harman, an advanced US electronics supplier to car makers invests ฿2.8 billion in new Chonburi plant

June 24, 2024

Economy, Living, Personal, PR News, Thai World, Thailand:

Harman, a US-based electronics supplier to car makers and a subsidiary of Samsung, invests ฿2.8 billion in a new factory in Chonburi’s Eastern Economic Corridor… Read More ›