Economy

China could be an economic time bomb sitting on Thailand’s doorstep as Evergrande collapse nears

China could be an economic time bomb sitting on Thailand’s doorstep as Evergrande collapse nears

December 4, 2021

Economy, Thailand:

As Thailand and the world battle the COVID-19 virus with Omicron knocking on the door, the bigger threat economically for us all may again be… Read More ›

With Omicron hovering, firms already suffering a cash flow crunch with the economy again in peril

With Omicron hovering, firms already suffering a cash flow crunch with the economy again in peril

December 1, 2021

Economy, Living, Thailand:

A senior official with the University of the Thai Chamber of Commerce (UTCC) has warned that the loss of small and medium-sized firms by even… Read More ›

Thailand pushes ahead with foreign tourism drive, may defer switch to antigen testing over Omicron

Thailand pushes ahead with foreign tourism drive, may defer switch to antigen testing over Omicron

November 29, 2021

Economy, Living, Thailand:

A senior Thai public health official, on Monday, Dr Chawetsan Namwat, said his department had noted the mild symptoms being reported from the new Omicron… Read More ›

Health officials ask for a review of the list of 63 countries allowed to enter without quarantine on Covid fears

Health officials ask for a review of the list of 63 countries allowed to enter without quarantine on Covid fears

November 27, 2021

Economy, Thailand:

Public Health Minister Anutin Charnvirakul is annoyed at reports of bars serving foreigners being open in central Bangkok as the door is shut on reopening… Read More ›

DTAC True merger to set up a Thailand 4.0 tech behemoth to bolster the economy still ‘uncertain’

DTAC True merger to set up a Thailand 4.0 tech behemoth to bolster the economy still ‘uncertain’

November 24, 2021

Economy, Living, Media, Thailand:

Two sides to the merger now begin due diligence but the fate of the deal ultimately hinges on obtaining regulatory approval. DTAC, 65% owned by… Read More ›

Nightlife to reopen on a certified basis as officials try to balance public health and the economy

Nightlife to reopen on a certified basis as officials try to balance public health and the economy

November 22, 2021

Economy, Thailand:

As Thailand’s reopening numbers are reassessed, a massive 94% of our readers see the kingdom’s tourism industry as synonymous with nightlife while figures from November… Read More ›

US to launch new Indo Pacific ‘alliance’ which includes Thailand as a key partner in the region

US to launch new Indo Pacific ‘alliance’ which includes Thailand as a key partner in the region

November 20, 2021

Economy, Thailand:

Visit by Central Intelligence Agency’s Deputy Director David Cohen on Friday came the day after the Charge d’Affaires at the US Embassy highlighted and praised… Read More ›

Shaky economic recovery as planners target only a 1% gain in 2021 with rising headwinds in Quarter 4

Shaky economic recovery as planners target only a 1% gain in 2021 with rising headwinds in Quarter 4

November 17, 2021

Economy, Living, Politics, Thailand:

An extended range of concerns has emerged to hamper the confidence seen last month after the Prime Minister’s reopening announcement on October 11th. These include… Read More ›

Thailand Pass is being upgraded but passenger stress stories continue with cancellation threats

Thailand Pass is being upgraded but passenger stress stories continue with cancellation threats

November 15, 2021

Economy, Thai World:

A UK man with a wife who was seeking to visit her terminally ill mother found the Thailand Pass application extremely stressful this week as… Read More ›

Tourism reopening may lose momentum as government pivots back to public health priorities

Tourism reopening may lose momentum as government pivots back to public health priorities

November 11, 2021

Economy, Living, Thailand:

Failure by Thailand to relaunch the entertainment and nightlife industry in December will temper the momentum of the November 1st reopening and will be particularly… Read More ›

UK Foreign Secretary visits Bangkok after AUKUS security pact further raises tensions with China

UK Foreign Secretary visits Bangkok after AUKUS security pact further raises tensions with China

November 8, 2021

Economy, Politics, Thailand:

Thailand unveiled a memorandum of understanding with the United Kingdom on negotiations towards a free trade pact between the two kingdoms in March. The unveiling… Read More ›

Incoming passengers vent frustration at problems and bugs with the Thailand Pass system this week

Incoming passengers vent frustration at problems and bugs with the Thailand Pass system this week

November 7, 2021

Economy, Living, Thailand:

Despite this, there is a continued surge in interest as the Ministry of Foreign Affairs Director-general of Information confirmed that the system had received and… Read More ›

Thailand’s first unicorn success story, hailed by Bangkok’s markets, turns over ฿9 billion a day

Thailand’s first unicorn success story, hailed by Bangkok’s markets, turns over ฿9 billion a day

November 6, 2021

Economy, Living, Thailand:

This week former Minister of Finance Korn Chatikavanij described the outcome as a ‘joy’ for the nation as he warned that a fast-changing financial landscape… Read More ›

Thai Airways ฿25 billion funding request from state coffers rebuffed by a senior Finance Ministry official

Thai Airways ฿25 billion funding request from state coffers rebuffed by a senior Finance Ministry official

November 5, 2021

Economy, Thailand:

The government will be looking more to international sources of funding in 2022 although most public borrowing will still be raised domestically as the Finance… Read More ›

Kingdom may see up to 1 million tourists this year but it will be an uphill battle to get back to 2019

Kingdom may see up to 1 million tourists this year but it will be an uphill battle to get back to 2019

November 2, 2021

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

The decision by Prime Minister Prayut Chan ocha to reopen the kingdom on the 1st November more decisively and liberally appears to be delivering results… Read More ›

Economy climbing out ‘of a hole’, foreign firm’s confidence levels rose sharply during October

Economy climbing out ‘of a hole’, foreign firm’s confidence levels rose sharply during October

November 1, 2021

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

The Finance Ministry is insisting the economic growth for 2021 will be in excess of 1% driven by renewed domestic spending, exports and now a… Read More ›

Vaccinated tourists from 63 countries can leave SHA plus hotels after 1st night says top official in Phuket

Vaccinated tourists from 63 countries can leave SHA plus hotels after 1st night says top official in Phuket

October 30, 2021

Economy, Personal, Politics, Thai World, Thailand:

Protests from small business operators who feel excluded from the reopening process in Phuket on Friday drew a clear response from Deputy Governor Pichet Panapong… Read More ›

US businessman in Bangkok kidnap plot seeks justice as police link him to damaging American TV report

US businessman in Bangkok kidnap plot seeks justice as police link him to damaging American TV report

October 29, 2021

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

Senior officers with the Food and Drug Administration in Thailand and police had already raided a warehouse run by Paddy the Room in Bangkok in… Read More ›

Fears for travellers trying to access Thailand in the interim period as Thailand Pass launch nears GO

Fears for travellers trying to access Thailand in the interim period as Thailand Pass launch nears GO

October 27, 2021

Economy, Personal, Thai World, Thailand:

Hoteliers have generally given a warm welcome to the new urgency driving the November 1st reopening injected by Prime Minister Prayut Chan ocha but are… Read More ›

Thailand starts CPTPP application process driven by fears for inward investment and the economy

Thailand starts CPTPP application process driven by fears for inward investment and the economy

October 26, 2021

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

Vietnam is emerging as Thailand’s key competitor for investment and trade opportunities. The fellow ASEAN member is already in the CPTPP pact which China applied… Read More ›