Economy

Fears for consumers with zero tariff alcoholic drinks in European free trade scenario

Fears for consumers with zero tariff alcoholic drinks in European free trade scenario

November 11, 2019

Economy, Politics, Thailand:

Thailand is pressing ahead with new trade deals and opportunities despite the challenging world economic environment and the see-saw speculation on US Chinese trade negotiations.… Read More ›

Thailand hit by online fraud schemes with billions lost by savers looking for a quick buck

Thailand hit by online fraud schemes with billions lost by savers looking for a quick buck

November 10, 2019

Crime, Economy, Media, Thailand:

As policemen in Udon Thani worked overtime on Saturday to interview victims of the ‘Mae Manee’ fraud in which 4,000 people are estimated to have… Read More ›

Thai owned pirate movie website closed down by DSI police one of the biggest in the world 

Thai owned pirate movie website closed down by DSI police one of the biggest in the world 

November 8, 2019

Crime, Economy, Media, Thailand:

Owner of the website which has been online since 2014 and generating ฿5 million a month in advertising revenue is a Thai national living abroad… Read More ›

Efforts by Bank of Thailand to rein in the Thai baht as it hovers near ฿30 to the dollar with relaxed outflow rules

Efforts by Bank of Thailand to rein in the Thai baht as it hovers near ฿30 to the dollar with relaxed outflow rules

November 7, 2019

Economy, Thailand:

Business leaders accept that Thailand has two problems, one being the high value of the Thai baht and the other being the disruption to world… Read More ›

Cambodian opposition will be denied entry into Thailand as it seeks to topple Hun Sen

Cambodian opposition will be denied entry into Thailand as it seeks to topple Hun Sen

November 6, 2019

Economy, Thailand:

Key Cambodian leaders have said that they will return to Cambodia on November 9th via Thailand in recent days. Sam Rainsy, the founder of the… Read More ›

RCEP deal agreed with India opting out, busy Bangkok ASEAN summit concludes on a low key

RCEP deal agreed with India opting out, busy Bangkok ASEAN summit concludes on a low key

November 5, 2019

Economy, Thailand:

Then decisive move by Indian PM Narendra Modi to withdraw from the RCEP trade pact now clears the way for it to be signed probably… Read More ›

Internet health threat to people in Thailand and one which society must now prepare for

Internet health threat to people in Thailand and one which society must now prepare for

November 5, 2019

Culture, Economy, Media, Thailand:

47 million Thai people are now regular internet users in Thailand with an average usage of 5 hours and 13 minutes every day. This has… Read More ›

UN Secretary-General warns of a fractured world at the ASEAN summit over US-China rift

UN Secretary-General warns of a fractured world at the ASEAN summit over US-China rift

November 3, 2019

Economy, Thailand:

Philippines President urged ASEAN leader not to choose sides between the US and China but to steer an independent course. He spoke of the rise… Read More ›

Biggest free trade pact in the world being readied for launch at the ASEAN summit on Monday

Biggest free trade pact in the world being readied for launch at the ASEAN summit on Monday

November 2, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

At a sideline meeting this weekend, the Malaysian Prime Minister Mahathir Bin Mohamad was in no doubt that the ASEAN bloc was now being targeted… Read More ›

‘Real’ farmers reject ministry’s ‘organic’ vision as they seek injunctive relief in court from ban

‘Real’ farmers reject ministry’s ‘organic’ vision as they seek injunctive relief in court from ban

November 1, 2019

Economy, Personal, Politics, Thai World, Thailand:

Former senior Ministry of Agriculture official gives evidence to the court to support the injunction and suggests that farmers may later be forced to take… Read More ›

US coming to the ASEAN summit to talk business and trade as India delays news of a historic pact 

US coming to the ASEAN summit to talk business and trade as India delays news of a historic pact 

October 31, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Thailand’s commerce minister had been reported as upbeat and hopeful for a historic breakthrough being announced at the summit on the launch of the Regional… Read More ›

PM readies his team to tackle the US withdrawal of Thailand’s preferred partner status on exports

PM readies his team to tackle the US withdrawal of Thailand’s preferred partner status on exports

October 30, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Moves to deal with the new threat to Thailand’s already depressed export performance come as the Chairman of Bangkok Bank expresses concern about the impact… Read More ›

US suspension of Thai preferential trade partner status part of Trump’s ongoing trade war

US suspension of Thai preferential trade partner status part of Trump’s ongoing trade war

October 28, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The Chairman of the Thai Chamber of Commerce, Kalin Sarasin, called on the government on Monday to urgently begin negotiations with the United States over… Read More ›

Shock removal of US duty-free status on Thai exports may be linked to the pesticide ban – Trumpian diplomacy

Shock removal of US duty-free status on Thai exports may be linked to the pesticide ban – Trumpian diplomacy

October 27, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The Thai government stance on the pesticide ban has drawn support from many quarters in Thailand. The ban is seen by many as a health… Read More ›

Chemical pesticide ban will have a severe economic impact on Thailand say US officials who asked for delay

Chemical pesticide ban will have a severe economic impact on Thailand say US officials who asked for delay

October 25, 2019

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

A series of letters have emerged detailing a vigorous and comprehensive campaign by the US Department of Agriculture and embassy officials to alert the Thai… Read More ›

Thai Airways in peril – boss tells executives there is ‘not much time’ to save the airline from closure 

Thai Airways in peril – boss tells executives there is ‘not much time’ to save the airline from closure 

October 23, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The airline has confirmed it is reviewing every aspect of its operations including all routes as it scrambles to stem unsustainable losses with a viability… Read More ›

Banks report strong profits in the 3rd quarter pointing to a healthy underlying economy and bank sector

Banks report strong profits in the 3rd quarter pointing to a healthy underlying economy and bank sector

October 20, 2019

Economy, Personal, Thai World, Thailand:

The data from the banks and commentary back up the statement of the Bank of Thailand boss this month who said that despite the economic… Read More ›

Farmers pesticide ban may have repercussions for PM either way ahead of the crunch decision

Farmers pesticide ban may have repercussions for PM either way ahead of the crunch decision

October 19, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

A policy research expert from the Thailand Development Research Institute has said that government policy should be made on sound economic and scientific grounds, not… Read More ›

Summit being targeted to announce world’s biggest trade pact with Thailand at the helm

Summit being targeted to announce world’s biggest trade pact with Thailand at the helm

October 17, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Veteran 63-year-old minister is coordinating negotiations between the 16 member states that are party to the huge economic partnership. He is working towards an official… Read More ›

Digital assets wizard with an energy and tech vision that the country needs to make Thailand 4.0 work

Digital assets wizard with an energy and tech vision that the country needs to make Thailand 4.0 work

October 15, 2019

Economy, Foreigners, Thai World, Thailand:

He has no time for a social life and he spends 7 nights a week speaking with audiences who pay him to hear about the… Read More ›