Economy

Luxury Porsche EV car worth ฿10 million self-ignites and is destroyed in minutes at a central Bangkok dealership

Luxury Porsche EV car worth ฿10 million self-ignites and is destroyed in minutes at a central Bangkok dealership

May 25, 2024

Economy, Living, Thailand:

Luxury Porsche EV worth ฿10 million spontaneously ignites and is destroyed in central Bangkok. Firefighters controlled the blaze which erupted after it overheated. The incident… Read More ›

Disturbing questions that must be confronted over Thailand’s reeling economy are China and EV cars

Disturbing questions that must be confronted over Thailand’s reeling economy are China and EV cars

May 24, 2024

Economy, Politics, Thailand:

Thailand’s manufacturing base is weakening, and competitiveness is plummeting. Key issues like the EV car gamble and economic integration with China should be dominating Monday’s… Read More ›

First-quarter GDP growth surprises analysts based on higher tourism and consumer spending growth

First-quarter GDP growth surprises analysts based on higher tourism and consumer spending growth

May 20, 2024

Economy, Living, Thailand:

Thailand’s top economic agency surprises analysts with higher-than-expected quarter-one GDP growth driven by a 24.8% rise in tourism and a 6.9% spike in consumer spending.… Read More ›

UK mother takes her family to live in Thailand to escape her own country’s cost of living crisis

UK mother takes her family to live in Thailand to escape her own country’s cost of living crisis

May 19, 2024

Economy, Living, Politics, Thailand:

A UK mother flees the country’s roaring Cost of Living crisis. Jess from Cheshire relocated to Thailand with her partner and young daughter. The family… Read More ›

Finance Minister meets central bank boss as Fitch research house questions Thailand’s direction and tourism trade

Finance Minister meets central bank boss as Fitch research house questions Thailand’s direction and tourism trade

May 18, 2024

Economy, Living, Politics, Thailand:

Finance Minister Pichai Chunhavajira met with the Bank of Thailand’s chief amid weak economic growth and concerns from a Fitch research house about falling foreign… Read More ›

Health Minister intervenes to stem damage after confidence crisis sparked by 10-year-old rice sale

Health Minister intervenes to stem damage after confidence crisis sparked by 10-year-old rice sale

May 16, 2024

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

Rice Crisis causes the Public Health Minister to intervene in the 10-year-old stockpile disposal controversy. Minister of Public Health Somsak Thepsutin steps in as 10-year-old… Read More ›

Tourism Minister sets Thailand a herculean ambition of securing the World Cup finals from 2038 onwards 

Tourism Minister sets Thailand a herculean ambition of securing the World Cup finals from 2038 onwards 

May 15, 2024

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

Tourism Minister sets Thailand the goal of securing the World Cup finals from 2038. Incoming Minister Sermsak Pongpanich raises the possibility as Thailand hosts the… Read More ›

Finance Ministry wants to rejig public debt figures by offloading 1997 financial crisis fund debt of ฿570 billion

Finance Ministry wants to rejig public debt figures by offloading 1997 financial crisis fund debt of ฿570 billion

May 14, 2024

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

The Finance Ministry proposes a debt shift to boost the economy amid tensions with the central bank. Thailand’s Finance Ministry seeks to offload ฿570 billion… Read More ›

End Your Immigration hassles with the New Thailand Elite Visa

End Your Immigration hassles with the New Thailand Elite Visa

May 14, 2024

Economy, Living, PR News, Thailand:

If you’re eager to take your experience in Thailand to the next level and stay uninterrupted for 5 years or more, then the Thailand Elite… Read More ›

European Union pact to be unveiled this year including visa-free access for Thai passport holders on the continent

European Union pact to be unveiled this year including visa-free access for Thai passport holders on the continent

May 12, 2024

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

European Union trade and cooperation pact with Thailand to be finalised this year. It will include visa-free access for Thai passport holders. Prime Minister Srettha… Read More ›

Drivers in Thailand are turning their backs on the EV hype. Sales in April were down further at 18.4% from March

Drivers in Thailand are turning their backs on the EV hype. Sales in April were down further at 18.4% from March

May 8, 2024

Economy, Living, Personal, Thai World, Thailand:

EV sales plummet as the Thai market questions the hype. April sees an 18.4% drop, worsening from March 2024. Popular EV brands struggle despite generous… Read More ›

Microsoft investment in Thailand is a sign of progress. Digital economy could be a godsend for GDP growth 

Microsoft investment in Thailand is a sign of progress. Digital economy could be a godsend for GDP growth 

May 4, 2024

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

Microsoft’s $1 billion data centre investment in Thailand is very good news. It is seen as part of a plan to ignite the digital growth… Read More ›

Ung Ing launches attack on the Bank of Thailand questioning the desirability of its independence from government

Ung Ing launches attack on the Bank of Thailand questioning the desirability of its independence from government

May 3, 2024

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

Thailand’s internal battle for power over the economy heats up as the Pheu Thai leader questions Bank of Thailand’s independence. Rising concerns over rocketing debt… Read More ›

Oppressive sunshine and heat teach Thailand a lesson this year on what climate change might mean for it

Oppressive sunshine and heat teach Thailand a lesson this year on what climate change might mean for it

May 2, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand is dealing with scorching temperatures and climate change challenges as the heatwave wreaks havoc. Infrastructure buckles fatalities rise while water rationing hits tourist hotspots.… Read More ›

Manufacturing index down for the 18th straight month but the economy grew 1% in the first quarter says central bank

Manufacturing index down for the 18th straight month but the economy grew 1% in the first quarter says central bank

May 1, 2024

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

Thai economic data throws up a mixed bag as exports dip in March. However, the economy managed to grow by 1% in the opening quarter.… Read More ›

Sales of EV cars fell in Thailand in February and March 2024 challenging the kingdom’s vision as a green hub

Sales of EV cars fell in Thailand in February and March 2024 challenging the kingdom’s vision as a green hub

April 26, 2024

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

Thailand’s EV dream may just be turning sour. Sales plunged in February and March 2024, challenging the government’s vision. Market shifts worldwide are raising concern… Read More ›

Baht falls even after the Bank of Thailand’s intervention. It has lost 8.8% of its value in 2024 so far

Baht falls even after the Bank of Thailand’s intervention. It has lost 8.8% of its value in 2024 so far

April 25, 2024

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

Thai baht tumbles despite intervention. Economic policy clash threatens confidence and stability. The baht breaks the ฿37 barrier against the US dollar despite the Bank… Read More ›

Central bank holds interest rates. Economy will grow 2.6% in 2024 as Srettha pushes home ownership

Central bank holds interest rates. Economy will grow 2.6% in 2024 as Srettha pushes home ownership

April 13, 2024

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

Bank of Thailand holds interest rates at 2.5%. It projects 2.6% growth in 2024 with the economy gaining momentum. However, the Monetary Policy Committee again… Read More ›

Lethal Cadmium linked to a shift in dangerous e-waste recycling from China to Thailand since 2017

Lethal Cadmium linked to a shift in dangerous e-waste recycling from China to Thailand since 2017

April 10, 2024

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

Thailand’s toxicity crisis is linked to the shift of e-waste processors to the kingdom. Cadmium scare shocks Thailand with health fears for workers in Samut… Read More ›

Central bank rate call a minor issue compared to the surge in fiscal spending and deficit planned in 2025

Central bank rate call a minor issue compared to the surge in fiscal spending and deficit planned in 2025

April 9, 2024

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

Economic turmoil in the offing with Srettha Thavisin’s plan for a fiscal spending surge amid discord with the central bank and uneasy capital markets. As… Read More ›