Economy

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, Living, 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 ›

End Your Immigration hassles with the New Thailand Elite Visa

End Your Immigration hassles with the New Thailand Elite Visa

April 12, 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 ›

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, Politics, 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, Living, 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 ›

In 2023, Thailand shifted away from cash just as Sweden’s central bank asked to see it protected in legislation

In 2023, Thailand shifted away from cash just as Sweden’s central bank asked to see it protected in legislation

April 5, 2024

Economy, Living, Thailand:

Thai cash usage plummets as Sweden turns around and seeks cash protection. Thailand embraces digital payments as cash transactions drop to 66%, signalling a shift… Read More ›

Economy unlikely to grow in first quarter as Thai manufacturing crumbles. Hard choices ahead

Economy unlikely to grow in first quarter as Thai manufacturing crumbles. Hard choices ahead

March 30, 2024

Economy, Personal, Politics, Thai World, Thailand:

The Thai economy is at a crossroads, Prime Minister Srettha Thavisin continues to clash with the Central Bank as the country’s industrial base erodes. A… Read More ›

Phuket tourism boss concerned that the ‘feelings’ of locals on the island may be provoked by foreigners 

Phuket tourism boss concerned that the ‘feelings’ of locals on the island may be provoked by foreigners 

March 26, 2024

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

Phuket tourism boss is concerned. Crackdown on foreigners nationwide launched by the Minister of Labour Phiphat Ratchakitprakarn as local outrage grows. Assaults and illegal businesses… Read More ›

Giant Italian-Thai behemoth fights for survival and to pay wages as fears rise about the wider economy

Giant Italian-Thai behemoth fights for survival and to pay wages as fears rise about the wider economy

March 25, 2024

Economy, Living, Personal, Thai World, Thailand:

Thai Construction behemoth Italian-Thai Development Plc (ITD) fights for survival amid a growing financial crisis. Intense negotiations are ongoing. Worker wages in limbo. Government and… Read More ›

New Finance Minister expected in April as economic malaise deepens with downgrades in GDP growth

New Finance Minister expected in April as economic malaise deepens with downgrades in GDP growth

March 19, 2024

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

New Finance Minister expected amidst GDP downgrades | Economic malaise deepens as new finance minister anticipated in April. Amidst ballooning private sector debt and structural… Read More ›

PM and Macron discuss visa-free access for Thai nationals in the European Union’s Schengen zone

PM and Macron discuss visa-free access for Thai nationals in the European Union’s Schengen zone

March 12, 2024

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

Prime Minister Settha Thavisin’s Paris tête-à-tête with French President Emmanuel Macron heralds a push for visa-free Schengen access for Thai passport holders. Amid trade and… Read More ›

Threat from contaminated fruit and vegetables from China part of a wider problem facing the kingdom

Threat from contaminated fruit and vegetables from China part of a wider problem facing the kingdom

March 11, 2024

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

Contaminated Chinese imports threaten Thai markets. Shift from China to India ahead. The Thai retail and manufacturing sector is under pressure from tainted imports. Government… Read More ›

Economic agency boss raises concern about runaway online media content in Thailand and fake news

Economic agency boss raises concern about runaway online media content in Thailand and fake news

March 8, 2024

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

Thai Economic Council raises the question of social media regulation amidst a fake news surge. In particular, online influencers face scrutiny as concern grows over… Read More ›

British Airways announces its return to Bangkok in a new thrice-week service from Gatwick London to Bangkok

British Airways announces its return to Bangkok in a new thrice-week service from Gatwick London to Bangkok

March 6, 2024

Economy, Living, Personal, Thai World, Thailand:

British Airways to resume Bangkok flights from late October. Gatwick to Suvarnabhumi Airport thrice weekly. A boost for Thai aviation hub plans. Flyers expect to… Read More ›

Thailand faces an uphill struggle to become the aviation hub it once was before the pandemic era

Thailand faces an uphill struggle to become the aviation hub it once was before the pandemic era

March 2, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s Aviation Hub Dream. An ambitious plan for 150 million arrivals or is this pie in the sky? Certainly, PM Srettha’s bold vision faces critical… Read More ›

Bank of Thailand holding strong against quite a strident push by the PM for more populist economics as debt levels rise

Bank of Thailand holding strong against quite a strident push by the PM for more populist economics as debt levels rise

February 22, 2024

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

Bank of Thailand holds firm against the PM’s relentless campaign and stinging criticism. Tension escalates as the government puts further pressure on for interest rate… Read More ›

By 2074, Thailand’s population will fall to 30 million people even based on the current birth rate which is still falling

By 2074, Thailand’s population will fall to 30 million people even based on the current birth rate which is still falling

February 19, 2024

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

Thailand’s population is set to plummet. Crisis looms as birth rate drops. Senior minister calls for urgent action as the population is predicted to more… Read More ›

Banker calls for government to rein in Thailand’s persistently large black economy amid economic malaise

Banker calls for government to rein in Thailand’s persistently large black economy amid economic malaise

February 17, 2024

Economy, Living, Personal, Thai World, Thailand:

Thai Bankers Association President, Phayong Sriwanich, calls for urgent measures to tackle Thailand’s vast informal economy, accounting for nearly half of GDP. Highlighting its detrimental… Read More ›

PM wakes up to threat of cheap Chinese goods dumped on Thailand driven by misguided economic policies

PM wakes up to threat of cheap Chinese goods dumped on Thailand driven by misguided economic policies

February 16, 2024

Economy, Living, Personal, Thai World, Thailand:

Thai PM raises the alarm over Chinese product onslaught: Trade deficit balloons, economic future growth and well being is at risk. The government is urged… Read More ›

Property market glut sees minister’s call for supports in the face of the central bank’s ongoing credit crunch

Property market glut sees minister’s call for supports in the face of the central bank’s ongoing credit crunch

February 9, 2024

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

Finance Ministry urges support for homebuyers amid Bank of Thailand’s credit crunch. Deputy Minister Krisada calls for coordinated fiscal-monetary policy to tackle challenges. It comes… Read More ›

Thailand in crisis as population declined by over 500k over the last four years according to the latest data

Thailand in crisis as population declined by over 500k over the last four years according to the latest data

February 7, 2024

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

Thailand in Crisis: Population plummets by 500k in 4 Years. Economic growth stagnates as the ageing crisis looms. Social Security fund faces bankruptcy. Urgent government… Read More ›