Economy
Bank of Thailand warns economic potential is falling with a severe crisis in the small business sector
Economy, Living, Politics, Thailand:
Thailand faces a widening economic split as exports surge but SMEs buckle under falling sales, costly credit and rising bad debts. Growth potential has dropped… Read More ›
Summonses and criminal charges considered by DSI in probe into substantial Israeli network in Pattaya
Crime, Economy, Media, Personal, Politics, Thai World, Thailand:
Israeli businessman Maimon David Marsiano faces a DSI summons as investigators expand a Pattaya nominee inquiry into Thai shareholders, hotels, condos and company networks, with… Read More ›
Thailand gets ready to enter the age of nuclear power with plans for two small modular reactors by 2037
Economy, Foreigners, Living, Media, More News from Thailand, Politics, Thailand:
The kingdom lays the groundwork for nuclear power, targeting two 300MW small modular reactors around 2037, while the US, China and South Korea compete for… Read More ›
Petrol and diesel rise as inflation for August comes in at 2.53%. However confidence is also seen rising
Economy, Foreigners, Living, More News from Thailand, Thailand:
Thailand feels the Middle East energy shock as diesel rises ฿0.70 and gasoline ฿0.80. Inflation hits 2.53%, while the Fuel Fund deficit reaches ฿83.291bn. Yet… Read More ›
Nationwide probe targeting over 36K foreigner linked firms with land and a further 7k which own condos
Economy, Foreigners, Living, Media, More News from Thailand, Politics, Thailand:
Thailand launches a vast property crackdown, screening 36,277 foreign-linked firms holding 305,838 plots and over one million rai. Condo ownership is now in the crosshairs… Read More ›
Government begins legal action against top Thai firms for 1.26 billion baht over key satellite concession
Economy, Living, Media, Personal, Politics, Thai World, Thailand:
Thailand races to pursue Thaicom and Gulf for ฿1.26bn over a 35-year-old Shinawatra satellite concession. Six disputed asset groups, lost income and staff training are… Read More ›
US servicemen left behind a financial windfall in Pattaya but also a spirit of optimism and generosity
Economy, Living, Media, Personal, Thai World, Thailand:
Farewell Pattaya! USS Abraham Lincoln sails after 5,000 sailors bring a ฿100m spending bonanza. Huge tips delight Thai workers, shops boom and bars fill as… Read More ›
Tourism sector starkly divided over 30 days visa from September 15th. Top tycoon says it’s a big mistake
Economy, Foreigners, Living, Media, More News from Thailand, Politics, Thailand:
Thailand’s 30-day visa-free rule splits tourism chiefs. Sisadiwat Cheewaratanaporn says genuine tourists need far less time, while William Heinecke warns the move threatens lucrative medical… Read More ›
Finance Minister Ekniti outlines the government’s economic plan but behind the buzzwords are risks
Economy, Living, Personal, Politics, Thai World, Thailand:
Thailand’s economic reset faces an early reality check as Ekniti bets on AI, EVs and clean energy. War drives energy costs higher, Toyota puts fresh… Read More ›
US Navy’s Pattaya visit is plain sailing with strong spending breeze. Chonburi governor hails it a success
Economy, Foreigners, Living, Media, More News from Thailand, Politics, Thailand:
Pattaya cashes in as thousands of USS Abraham Lincoln sailors swarm ashore after 264 days at sea. Retailers, hotels and restaurants surge while a vast… Read More ›
Turn Grey capital into White capital. Senator calls for 100% foreign owned firms to eliminate corruption
Economy, Living, Personal, Politics, Thai World:
Let foreigners own what they pay for, Senator Prathum Wongsawat demands. She says Thailand’s 49:51 rules fuel nominee firms, hide grey capital and open the… Read More ›
Paying AI users in Thailand had a nightmare week online just as the government waded into the market
Economy, Foreigners, Living, Media, More News from Thailand, Politics, Thailand:
Thailand’s AI revolution hits turbulence days after its ฿1.6bn platform launches. Paying businesses faced outages, users reported repeated connection failures while Minister Chaichanok pushed free… Read More ›
Widening Chinese trade gap cannot be ignored as it distorts economic data of an underlying GDP struggle
Economy, Living, Media, Personal, Thai World, Thailand:
Thai-Chinese businesses raise the alarm as Thailand’s China trade deficit hits US$55.13bn, exceeding its global shortfall. Imports soar 38% while record exports and massive data-centre… Read More ›
Blunder over Indian visa policy saw Thailand lose tourists in August. Quick volte face to a 30 day visa
Economy, Foreigners, Living, Media, More News from Thailand, Politics, Thailand:
Thailand’s Indian tourism boom slams into reverse after visa confusion and fewer flights drive arrivals down 12%. The setback threatens billions in spending and one… Read More ›
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