Economy

Thailand can ill afford another year like 2019 and the borrowing stakes are getting higher

Thailand can ill afford another year like 2019 and the borrowing stakes are getting higher

December 11, 2019

Economy, Thailand:

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

Richest man in Thailand calls for less time spent at school with a Thai education revolution

Richest man in Thailand calls for less time spent at school with a Thai education revolution

December 6, 2019

Economy, 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 thwarting the economy

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

December 2, 2019

Economy, Thailand:

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

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

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

December 1, 2019

Economy, Foreigners, Thai World, Thailand:

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 forge closer economic ties as the city is mired in a deep political crisis 

Thailand and Hong Kong forge closer economic ties as the city is mired in a deep political crisis 

November 30, 2019

Economy, Foreigners, More News from Thailand, 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 ›

Chaos as senior officials deny easing the chemicals ban announced by the Industry minister the day before

Chaos as senior officials deny easing the chemicals ban announced by the Industry minister the day before

November 28, 2019

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

Extraordinary press conference saw senior officials of the Thai government question the briefing given to the media yesterday by the Minister of Industry Suriya Juangroongruangkit… Read More ›

Chemical ban delay to cause a government crisis as shock move rebuts Bhumjaithai ministers

Chemical ban delay to cause a government crisis as shock move rebuts Bhumjaithai ministers

November 27, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The ban had been driven fiercely by junior agriculture minister Mananya Thaiset for whom today’s decision will be seen as a setback. The move also… Read More ›

Minister gears up Thai education sector to meet the demands of international business investors

Minister gears up Thai education sector to meet the demands of international business investors

November 26, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Thailand’s flagship industrial project will require a lift in educational standards to attract the best firms worldwide if it is to succeed. Minister has also… Read More ›

Despite an export contraction, Thailand’s 2019 trade surplus grows as ministers look at 2020 

Despite an export contraction, Thailand’s 2019 trade surplus grows as ministers look at 2020 

November 22, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

With the current trade friction and world economic instability likely to continue under the present US administration, Thailand still aims for 3% export growth in… Read More ›

Deputy PM Somkid warns that public speculation on the economy could undermine confidence

Deputy PM Somkid warns that public speculation on the economy could undermine confidence

November 19, 2019

Economy, Foreigners, Thai World, Thailand:

Thailand’s economics boss quoted a respected thinker and former Thai prime minister from the 1970s Kukrit Pramoj who observed that too much talk or commentary… Read More ›

Media study highlights Thailand’s changing media landscape as younger folk move online

Media study highlights Thailand’s changing media landscape as younger folk move online

November 18, 2019

Economy, Foreigners, Media, Thai World, Thailand:

Study’s conclusions also highlight Thailand’s demographic challenge as the older market of baby boomers punch above their weight due to extended lifespans and the impact… Read More ›

Conflicting messages on the Thai economy as two opinion polls paint different pictures in one day

Conflicting messages on the Thai economy as two opinion polls paint different pictures in one day

November 17, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The problem is not that the Thai government is trying to ‘spin’ the story but that there are genuinely two different ways of looking at… Read More ›

Thai government to use blockchain technology in VAT refund scheme for visiting foreign tourists

Thai government to use blockchain technology in VAT refund scheme for visiting foreign tourists

November 16, 2019

Economy, Foreigners, More News from Thailand, Thailand:

Complete revamp of the VAT refund scheme will see it now available at 8 international airports and the ceiling raised to ฿30,000. From the end… Read More ›

Dire warnings from farm experts on trade, output and the food chain as ban set to kick in

Dire warnings from farm experts on trade, output and the food chain as ban set to kick in

November 13, 2019

Economy, Personal, Politics, Thai World, Thailand:

Rice exporters support the ban and see it as a shift towards Thailand becoming an organic source of world agricultural produce. However, many predictions are… Read More ›

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

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

November 11, 2019

Economy, Foreigners, Politics, Thai World, 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, Personal, Thai World, 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, More News from Thailand, Personal, 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, Foreigners, Thai World, 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, More News from Thailand, Personal, 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, Foreigners, More News from Thailand, 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 ›