Economy

Time up for some long-stay business owners as immigration warns of arrests after Saturday’s deadline

Time up for some long-stay business owners as immigration warns of arrests after Saturday’s deadline

September 22, 2020

Economy, Living, Thailand:

Particular problems associated with long-stay Non-Immigrant B visa holders under the present extraordinary conditions are being identified as the closure of the kingdom’s borders has… Read More ›

Fear and confusion in Thailand’s tourism industry as near-bankrupt hotels decline foreign tourists

Fear and confusion in Thailand’s tourism industry as near-bankrupt hotels decline foreign tourists

September 21, 2020

Economy, Thailand:

Several initiatives including the ‘Phuket Model’ and only last week, a 9-month long-stay visa for foreign tourists, have been announced but nothing is yet finalised.… Read More ›

Thaksin poses a question to those in power on the same day he was removed from office in 2006

Thaksin poses a question to those in power on the same day he was removed from office in 2006

September 20, 2020

Economy, Politics, Thailand:

The former Thai Prime Minister who won two elections and presided over a period of unprecedented growth in the kingdom, on Saturday, noted that he… Read More ›

Western foreigners being blamed by ultra-right for this latest wave of radical student protests in Thailand

Western foreigners being blamed by ultra-right for this latest wave of radical student protests in Thailand

September 19, 2020

Economy, Living, Thailand:

Well over 10,000 police officers have been mobilised to control the situation with reserve forces of anti-riot police and military units on standby in case… Read More ›

Closed Thailand giving handouts to millions while Sweden welcomes tourists with falling infections

Closed Thailand giving handouts to millions while Sweden welcomes tourists with falling infections

September 18, 2020

Economy, Living, Thailand:

The Eurozone area is expected to contract by 7.9% this year as Asia will see its first economic decline since the 1960s. Thailand is emerging… Read More ›

Bangkok condo industry leader calls urgently for government help as Chinese buyers have disappeared 

Bangkok condo industry leader calls urgently for government help as Chinese buyers have disappeared 

September 16, 2020

Economy, Thailand:

The situation in the Bangkok condo market is still not clear but the absence of Chinese visitors, who enter the country as tourists, has had… Read More ›

Long stay spenders sought for Thailand’s defunct foreign tourism industry with new visa approved

Long stay spenders sought for Thailand’s defunct foreign tourism industry with new visa approved

September 15, 2020

Economy, Thailand:

Government sources estimate that up to 1,200 tourists per month will begin arriving in Thailand under the new long-stay visa from October. The visas will… Read More ›

Thais losing ฿8 billion a day in lost tourism with no guarantee of a return to past glory days of old at this point

Thais losing ฿8 billion a day in lost tourism with no guarantee of a return to past glory days of old at this point

September 14, 2020

Economy, Thailand:

Thailand is facing a mounting bill for its draconian policy of sealing off the kingdom from foreign tourism and normal passenger flights. A Krung Thai… Read More ›

Government seeks 10,000 fluent English speakers to teach in Thai schools in major policy reversal

Government seeks 10,000 fluent English speakers to teach in Thai schools in major policy reversal

September 13, 2020

Economy, Thai World:

At the same time, the minister has also revealed that 10,000 Chinese speakers will be recruited as he sees China as an emerging global power.… Read More ›

Crunch time for 2.5 million jobs as government dithers on whether to reopen to foreign tourism this year

Crunch time for 2.5 million jobs as government dithers on whether to reopen to foreign tourism this year

September 12, 2020

Economy, Living, Thailand:

A UK travel consultancy has revealed that its studies of countries worldwide with large foreign tourist industries have shown that a combination of airport testing… Read More ›

Exasperated PM loses patience with press corps over ‘distorted’ online speculation of a coup amid tensions

Exasperated PM loses patience with press corps over ‘distorted’ online speculation of a coup amid tensions

September 11, 2020

Economy, Media, Politics, Thailand:

The last two coups in Thailand in 2006 and 2014 damaged the country economically as they caused Thailand to be isolated and lose valuable ground… Read More ›

VIP jetsetters holidayed in Phuket as government holds up foreign tourism due to local fears until October 31st

VIP jetsetters holidayed in Phuket as government holds up foreign tourism due to local fears until October 31st

September 10, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Centre for Economic Situation Administration official says that foreign tourists should be back by October 31st under the ‘Phuket model’ as research shows that over… Read More ›

Warning signal from Nissan as it tells agents it is halting production of key car models in Thailand immediately

Warning signal from Nissan as it tells agents it is halting production of key car models in Thailand immediately

September 9, 2020

Economy, Personal, Thai World, Thailand:

Reports from Nissan Thailand highlight the severe economic challenge facing Thailand at this time. It follows a cataclysmic fall in auto exports in the last… Read More ›

Army chief denies and rejects rumours of a likely coup as the country faces crisis on key fronts

Army chief denies and rejects rumours of a likely coup as the country faces crisis on key fronts

September 8, 2020

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

Thai Army chief has expressed confidence that the government can handle any potential unrest including a forthcoming major rally scheduled for September 19th next. It… Read More ›

Setback for Tourism Minister as Phuket model for foreign tourists put in doubt by an infected inmate

Setback for Tourism Minister as Phuket model for foreign tourists put in doubt by an infected inmate

September 7, 2020

Economy, Personal, Politics, Thai World, Thailand:

Minister of Tourism and Sports, Phiphat Ratchakitprakarn, appears to be pitted against the medical establishment in the kingdom with the minister hitting out last week… Read More ›

Shock resignation of Minister of Finance a sign of more politics being demanded in government

Shock resignation of Minister of Finance a sign of more politics being demanded in government

September 2, 2020

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

The official reason for the resignation of the former Kasikorn Bank President,who was only appointed on August 6th and sworn in on August 12th, was… Read More ›

Thai Airways Airbus deal for US routes and rampant corruption to be reported to parliament by minister

Thai Airways Airbus deal for US routes and rampant corruption to be reported to parliament by minister

August 31, 2020

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

As Thai Airways awaits a ruling from the Bankruptcy Court on its proposed restructuring plan which was doggedly opposed by some creditors, the extent of… Read More ›

Tourists able to stay in Thailand for up to nine months under planned new ‘Longstay’ entry visa being proposed

Tourists able to stay in Thailand for up to nine months under planned new ‘Longstay’ entry visa being proposed

August 31, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Research conducted in Phuket has shown that European visitors to the paradise island spend more. Last year, they accounted for 17% of passengers but were… Read More ›

Economy to contract by 10% as Bank of Thailand helps home borrowers facing stifled incomes save interest

Economy to contract by 10% as Bank of Thailand helps home borrowers facing stifled incomes save interest

August 30, 2020

Economy, Personal, Thai World, Thailand:

As the government pushes ahead urgently to reopen Thailand’s foreign tourism sector, the economy is also facing headwinds both domestically with economic consumption yet to… Read More ›

Australian and New Zealand tourists first to return to Phuket in the coming few weeks as a pilot run

Australian and New Zealand tourists first to return to Phuket in the coming few weeks as a pilot run

August 30, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Thai Minister of Tourism and Sports, Phiphat Ratchakitprakarn, has given assurances that the reopening of Thailand to foreign tourism is going ahead. He revealed that… Read More ›