Economy

Digital Wallet budget to be used for direct cash stimulus. New government plans to adjust policy in statement

Digital Wallet budget to be used for direct cash stimulus. New government plans to adjust policy in statement

August 21, 2024

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

The government may transform the Digital Wallet scheme into a direct cash giveaway, as economic stimulus is urgently needed. Funding has been reserved in the… Read More ›

Ung Ing takes charge as business leaders focus on who will be Finance Minister and economic policy

Ung Ing takes charge as business leaders focus on who will be Finance Minister and economic policy

August 19, 2024

Economy, Living, Personal, Thai World, Thailand:

Paetongtarn Shinawatra, Thailand’s new Prime Minister, begins cabinet talks while briefing herself into the role. All eyes are on her choice as Finance Minister and… Read More ›

Big policy and cabinet changes as Ung Ing readies to take the helm. Digital Wallet to be scrapped entirely

Big policy and cabinet changes as Ung Ing readies to take the helm. Digital Wallet to be scrapped entirely

August 17, 2024

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

Major cabinet changes loom as Paetongtarn Shinawatra takes power. Finance Minister Pichai Chunhavajira and Defence Minister Sutin Klangsaeng are reportedly out. Digital Wallet scheme to… Read More ›

China has become a bad news story for business investors who are shifting to ASEAN bloc countries

China has become a bad news story for business investors who are shifting to ASEAN bloc countries

August 14, 2024

Economy, Living, Personal, Thai World, Thailand:

China’s economic woes drive investors to ASEAN bloc countries, with Thailand struggling at under 3% growth until 2034. As Foreign Direct Investment shifts away from… Read More ›

Chance discovery by the Highway patrol reveals the threat posed by unlicensed Chinese factories in Thailand

Chance discovery by the Highway patrol reveals the threat posed by unlicensed Chinese factories in Thailand

August 13, 2024

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

Highway Patrol uncovers unlicensed Chinese-owned factories smuggling hazardous materials, fueling fears of Thailand becoming a dumping ground for toxic waste since China’s 2017 ban on… Read More ›

Most business executives see GDP growth of less than 2% in 2024 as ministers meet without the PM

Most business executives see GDP growth of less than 2% in 2024 as ministers meet without the PM

August 11, 2024

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

Business leaders warn of economic turmoil as Thai ministers meet without the PM amid concerns over political instability and a Chinese import surge. Fears of… Read More ›

Launch of the People’s Party with ‘Teng’ or Nattapong Ruangpanyawut as its new leader not Sirikanya Tansakul

Launch of the People’s Party with ‘Teng’ or Nattapong Ruangpanyawut as its new leader not Sirikanya Tansakul

August 9, 2024

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

Nattapong Ruangpanyawut named leader of the People’s Party in a shock move, sidelining Sirikanya Tansakul. Party rebrands from obscure Thinkhakhao Chaowilai Party, adopts a new… Read More ›

Thailand finds itself facing economic and political turmoil. Top economist warns of trouble ahead

Thailand finds itself facing economic and political turmoil. Top economist warns of trouble ahead

August 8, 2024

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

Thailand faces worsening economic and political turmoil. The Constitutional Court’s dissolution of the Move Forward Party and the potential removal of PM Srettha Thavisin could… Read More ›

Inward immigration may ultimately be the only thing that can halt Thailand’s fated economic decline

Inward immigration may ultimately be the only thing that can halt Thailand’s fated economic decline

August 4, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s Economy could be set for a fall in GDP, not just low growth. Population Crisis threatens GDP as Digital Wallet Scheme is launched. A… Read More ›

Pheu Thai MP warns lying critics of the Digital Wallet they may face prosecution after a fairly good start

Pheu Thai MP warns lying critics of the Digital Wallet they may face prosecution after a fairly good start

August 2, 2024

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

Pheu Thai MP warns critics of Digital Wallet may face prosecution if they are spreading false information. Successful start with 18.8M users registered on the… Read More ›

Business wants the government to get tougher with China as dumping expands, wiping out Thai firms

Business wants the government to get tougher with China as dumping expands, wiping out Thai firms

August 1, 2024

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

Thai businesses are urging tougher action against China as dumping expands and firms are wiped out. FTI Vice Chairman warns of e-commerce giant Temu and… Read More ›

Apple’s Lampoonish vision of Thailand generates a backlash among offended commentators in Bangkok

Apple’s Lampoonish vision of Thailand generates a backlash among offended commentators in Bangkok

July 29, 2024

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

Apple’s lampoonish vision of Thailand generates backlash among offended Bangkok commentators. The smartphone maker’s ad ruffles feathers in Bangkok, hitting too close to the bone… Read More ›

Thailand’s July 15th visa revolution offers radical benefits for travellers to and from the Kingdom, more to come

Thailand’s July 15th visa revolution offers radical benefits for travellers to and from the Kingdom, more to come

July 29, 2024

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

Thailand’s July 15th visa changes offer so much for travellers in and out of the country. Not so much for traditional long-term visa holders. New… Read More ›

Thailand changes tack as EV revolution turns into a damp squib with warehouses full of unsold cars

Thailand changes tack as EV revolution turns into a damp squib with warehouses full of unsold cars

July 27, 2024

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

Thailand shifts focus from EVs to hybrids after unsold cars pile up. New tariff-free package for hybrid cars announced, requiring a ฿3 billion investment from… Read More ›

Finance Ministry talks up 2024 GDP prospects with a fall in exports for June and slashed car output

Finance Ministry talks up 2024 GDP prospects with a fall in exports for June and slashed car output

July 26, 2024

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

Finance Ministry talks up projected GDP figure for 2024 as exports fall and car production dips. Tourism and debt concerns persist as the government battles… Read More ›

Digital Wallet plan greeted with scepticism as country quails at the prospect of an August political upheaval

Digital Wallet plan greeted with scepticism as country quails at the prospect of an August political upheaval

July 25, 2024

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

Minister Pichai Chunhavajira’s Digital Wallet scheme failed to excite pundits. The announcement of upcoming Constitutional Court decisions on PM Srettha’s fate and the dissolution of… Read More ›

Government MP and House Chair calls for an urgent review of Thai Chinese visa waiver security resources

Government MP and House Chair calls for an urgent review of Thai Chinese visa waiver security resources

July 24, 2024

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

MP calls for urgent review of Thai-Chinese visa deal after controversial signs. A government MP demands a review of security over the Thai-Chinese visa waiver… Read More ›

Power of Anutin and Bhumjaithai grows as Pheu Thai and Srettha make an embarrassing U-turn on Pot

Power of Anutin and Bhumjaithai grows as Pheu Thai and Srettha make an embarrassing U-turn on Pot

July 23, 2024

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

Pheu Thai caves to Bhumjaithai pressure and halts cannabis recriminalisation. Parliament to decide as public support for police enforcement and closure of the industry is… Read More ›

Trump resurgent with new running mate JD Vance as President Biden pulls out of the race

Trump resurgent with new running mate JD Vance as President Biden pulls out of the race

July 21, 2024

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

Biden faced Mounting Pressure as Trump rose with JD Vance: With Democratic calls for Biden to exit the race intensifying, the President has pulled out… Read More ›

Energy Minister confirms no rise in electricity prices as government policy aims for cheaper tariffs

Energy Minister confirms no rise in electricity prices as government policy aims for cheaper tariffs

July 20, 2024

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

Thailand’s Minister of Energy scolds media and confirms no rise in electricity prices from September to December 2024, keeping rates stable at ฿4.18 per unit.… Read More ›

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