Economy

Confidence and trust in Thailand damaged by Chinese VIP tourist services advertised online

Confidence and trust in Thailand damaged by Chinese VIP tourist services advertised online

January 26, 2023

Crime, Culture, Economy, Media, Politics, Thailand:

Problem facing Thai authorities relates to the new online world where discreet services can be advertised cheaply and effectively while the activities of Chinese tourists… Read More ›

FTI boss warns Thailand faces a more dangerous geopolitical world with potential Asian flashpoints

FTI boss warns Thailand faces a more dangerous geopolitical world with potential Asian flashpoints

January 25, 2023

Economy, Living, Thailand:

Thailand finds itself, at this time, in a part of the world where geopolitical tensions are rising and are already adversely affecting its economy since… Read More ›

UK diver’s death on Ko Tao resurrects myth which is harmful to efforts to promote Thailand abroad

UK diver’s death on Ko Tao resurrects myth which is harmful to efforts to promote Thailand abroad

January 24, 2023

Crime, Culture, Economy, Living, Thailand:

A long history of unfortunate deaths on a small island with a tightly knit community and a comparatively huge number of annual visitors may not… Read More ›

Siam Commercial Bank says it plans to open one of the first virtual banks in Thailand due in 2025

Siam Commercial Bank says it plans to open one of the first virtual banks in Thailand due in 2025

January 20, 2023

Economy, Living, Thailand:

New virtual banking services are expected to offer cheaper and more inclusive banking products to customers who are currently not catered for by the existing… Read More ›

PM hails China and Saudi Arabia as friends of Thailand as he unveils the return of Chinese tour groups 

PM hails China and Saudi Arabia as friends of Thailand as he unveils the return of Chinese tour groups 

January 19, 2023

Culture, Economy, Politics, Thai World:

The comments by the prime minister about the closeness of the bond between China and Thailand are reminiscent of his Time magazine interview in 2017… Read More ›

Call for flexible visas to boost the economy as exports, output and business confidence falters

Call for flexible visas to boost the economy as exports, output and business confidence falters

January 19, 2023

Economy, Living, Politics, Thailand:

Downturn in exports and manufacturing is filtering into the wider economy while the recovery of the foreign tourism industry is still a slow and ongoing… Read More ›

Thailand turns to China in 2023 for GDP growth in a world buffeted in real-time by raw geopolitics

Thailand turns to China in 2023 for GDP growth in a world buffeted in real-time by raw geopolitics

January 17, 2023

Economy, Living, Personal, Thai World, Thailand:

Sentiment regarding the economy has been rising since the return of Chinese tourists on January 9th last. However, with geopolitical tensions and indeed a trade… Read More ›

Thai economy up against it in 2023 despite the hype and hoopla over Chinese tourists returning

Thai economy up against it in 2023 despite the hype and hoopla over Chinese tourists returning

January 13, 2023

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

Thailand is an export-led economy operating in an increasingly unpredictable and uncertain world. In 2023, it finds itself relying on a foreign tourism industry which… Read More ›

Reverse course as Minister Anutin confirms all are welcome to Thailand even without a Covid vaccine

Reverse course as Minister Anutin confirms all are welcome to Thailand even without a Covid vaccine

January 9, 2023

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

China’s huge Covid wave continues unabated with more countries requiring testing for Chinese arrivals. Thailand’s Minister of Public Health Anutin however has insisted that all… Read More ›

Covid chaos descends again on Thailand’s foreign tourism sector amid cancellations and complaints

Covid chaos descends again on Thailand’s foreign tourism sector amid cancellations and complaints

January 8, 2023

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

Travel agents in France have been forced to cancel contracts because of the sudden introduction of entry restrictions which have led operators to declare a… Read More ›

Tourism industry blow: Entry criteria for all arrivals reimposed in response to the arrival of Chinese tourists 

Tourism industry blow: Entry criteria for all arrivals reimposed in response to the arrival of Chinese tourists 

January 6, 2023

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

No firm details yet as to what date the new regime comes into force nor how it will be administered. Minister Anutin Charnvirakul said it… Read More ›

Economic chiefs promise a brighter 2023 for Thai people despite the more gloomy world outlook for the year

Economic chiefs promise a brighter 2023 for Thai people despite the more gloomy world outlook for the year

January 2, 2023

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

The foreign tourism industry will be the key driver of economic growth with more money in people’s pockets in 2023 says Bank of Thailand Governor… Read More ›

Ministers urged to tread cautiously on new entry requirements as China reopens to foreign travel this week

Ministers urged to tread cautiously on new entry requirements as China reopens to foreign travel this week

January 1, 2023

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

The conflicting reports over the weekend were the product of two high-powered committee meetings within the Ministry of Public Health ahead of a meeting of… Read More ›

Tourism minister’s plan to offer vaccines to foreign tourists as recovery mired at 29% of 2019

Tourism minister’s plan to offer vaccines to foreign tourists as recovery mired at 29% of 2019

December 28, 2022

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

Thailand’s long and slow recovery of its foreign tourism industry continues with a somewhat ambivalent attitude towards the now imminent prospect of a return of… Read More ›

PM and Ung Ing to do battle in 2023 for the top job with public debt and the economy as key issues

PM and Ung Ing to do battle in 2023 for the top job with public debt and the economy as key issues

December 27, 2022

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

Public debt and the management of the economy will be the key battleground for this General Election as it is clear the alternative to the… Read More ›

Pheu Thai to knock back skyrocketing electricity costs hitting business with a 21% rise in 2023 already confirmed

Pheu Thai to knock back skyrocketing electricity costs hitting business with a 21% rise in 2023 already confirmed

December 15, 2022

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

The business sector, in recent months, is expressing higher confidence with the return of foreign tourism at critical levels but is expecting to be left… Read More ›

War erupts over Pheu Thai’s ฿600 minimum wage plan with the economy as the key election issue

War erupts over Pheu Thai’s ฿600 minimum wage plan with the economy as the key election issue

December 9, 2022

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

An academic with Srinakharinwirot University (SWU) welcomed the proposal in broad terms as beneficial to newly graduated students taking up employment but expressed his concern… Read More ›

New Air Canada link from Vancouver to Bangkok an aviation first, will boost American arrivals to Thailand

New Air Canada link from Vancouver to Bangkok an aviation first, will boost American arrivals to Thailand

December 4, 2022

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

Direct 13-hour flight from Vancouver to Bangkok is a first for Air Canada and Thailand which is trying to regain its position as a power… Read More ›

Even as the baht surges, Thailand faces economic recession in mid-2023 with lower earnings

Even as the baht surges, Thailand faces economic recession in mid-2023 with lower earnings

December 1, 2022

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

KKP Research, the research arm of Kiatnakin Phatra Bank in Bangkok is predicting the Thai economy to enter recession in the opening quarter of 2023… Read More ›

Foreign tourism is Thailand’s only hope in 2023 as exports dim with hard times seen in key markets

Foreign tourism is Thailand’s only hope in 2023 as exports dim with hard times seen in key markets

November 28, 2022

Economy, Personal, Thai World, Thailand:

The Economic Intelligence Centre (EIC), the research arm of Siam Commercial Bank has forecast growth of 3.4% in 2023 compared to similar projections for 2022.… Read More ›