Economy

Pandemic drawing to a close, senior public health official says growing Omicron strain is harmless

Pandemic drawing to a close, senior public health official says growing Omicron strain is harmless

January 11, 2022

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

The speed at which Omicron is spreading as well as its more benign clinical outcomes could be the game-changer that brings an end to this… Read More ›

GDP fall for Thailand’s flagship Eastern Economic Corridor project since the COVID-19 crisis began

GDP fall for Thailand’s flagship Eastern Economic Corridor project since the COVID-19 crisis began

January 10, 2022

Economy, Personal, Politics, Thai World, Thailand:

The Eastern Economic Corridor (EEC) is a project conceived and launched by a law pushed by the junta government from 2016 to 2018. It is… Read More ›

Top official describes the popular ‘Test and Go’ entry as a loophole exposing Thailand to Omicron

Top official describes the popular ‘Test and Go’ entry as a loophole exposing Thailand to Omicron

January 8, 2022

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

The Centre for Covid-19 Situation Administration (CCSA) on Friday did not go as far as public health officials had demanded by banning alcohol sales nationwide.… Read More ›

Tourism business owners think the unthinkable, the Omicron storm may bring with it good news over time

Tourism business owners think the unthinkable, the Omicron storm may bring with it good news over time

January 6, 2022

Economy, Living, Personal, Thai World, Thailand:

The ‘Test and Go’ entry regime was not even given a hearing this week as senior public health officials simply dismissed the prospect of reviewing… Read More ›

Air force seeks eight F35 fighter jets at a time when Thailand’s defence budget finds itself at a low ebb

Air force seeks eight F35 fighter jets at a time when Thailand’s defence budget finds itself at a low ebb

January 4, 2022

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

Thailand’s military defence expenditure has not been above the NATO recommended level of 2% of GDP since 1997, the year of the Asian Financial Crisis.… Read More ›

Thai vaccine certs accepted in Europe as Omicron offers glimmers of hope for a virus fatigued world

Thai vaccine certs accepted in Europe as Omicron offers glimmers of hope for a virus fatigued world

December 26, 2021

Economy, Living, Personal, Thai World, Thailand:

Public health officials are currently scrambling to control an emerging cluster in Kalasin caused by a returned couple from Belgium who travelled extensively in Kalasin… Read More ›

Thailand’s economy awaits the fallout from the Omicron surge as projections for 2022 take a dive

Thailand’s economy awaits the fallout from the Omicron surge as projections for 2022 take a dive

December 24, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Bank of Thailand suggests only minimal growth this year with a reduced 3.4% growth rate in 2022. Currently, there are fears that Omicron may impede… Read More ›

Minister suggests that ‘Test and Go’ now paused entry regime may be restarted in the New Year

Minister suggests that ‘Test and Go’ now paused entry regime may be restarted in the New Year

December 21, 2021

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

Mixed signals from Minister of Public Health Anutin Charnvirakul and the Director of the Centre for Covid-19 Situation Administration (CCSA) General Supoj Malaniyom on Tuesday… Read More ›

Omicron nightmare for already troubled tourism sector: plan to suspend ‘Test and Go’ entry route

Omicron nightmare for already troubled tourism sector: plan to suspend ‘Test and Go’ entry route

December 20, 2021

Economy, Living, Personal, Thai World, Thailand:

Shock development will upend the recovery of the foreign tourism sector which only this week saw some life being breathed into foreign tourist hotspots such… Read More ›

Inflationary fears for Thailand more muted than in the United States but planners should prepare 

Inflationary fears for Thailand more muted than in the United States but planners should prepare 

December 19, 2021

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

The World Bank warns that chronic levels of household debt and a failure to contain a flare-up from Omicron could see Thailand’s economy go backwards… Read More ›

Thailand again signals move away from mass-market foreign tourism with falling numbers being seen

Thailand again signals move away from mass-market foreign tourism with falling numbers being seen

December 17, 2021

Economy, Living, Personal, Thai World, Thailand:

Continued statements that Thailand is moving away from its former, perhaps controversial but highly lucrative foreign tourism market must tend to irk foreign adults who… Read More ›

Officials concerned that a rising crypto asset trend poses a real threat to Thailand’s financial stability

Officials concerned that a rising crypto asset trend poses a real threat to Thailand’s financial stability

December 15, 2021

Economy, Living, Personal, Thai World, Thailand:

Thailand has seen explosive growth in the cryptocurrency sector since January, a process that has seen the country create its first billion-dollar startup or unicorn.… Read More ›

A cautious recovery in 2022 says Bank of Thailand boss but PM strikes a mildy more optimistic note

A cautious recovery in 2022 says Bank of Thailand boss but PM strikes a mildy more optimistic note

December 11, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Baht is predicted to fall due to tightening monetary policy in the United States to ward off inflation. A key economic forecasting unit in Bangkok… Read More ›

Omicron has arrived in Thailand but top officials believe they can manage an escalating situation

Omicron has arrived in Thailand but top officials believe they can manage an escalating situation

December 6, 2021

Economy, Living, Personal, Thai World, Thailand:

Officials are emphasising the need for no panic as Omicron has landed. Prime Minister Prayut Chan ocha, over the weekend, reached out to the nightlife… Read More ›

China could be an economic time bomb sitting on Thailand’s doorstep as Evergrande collapse nears

China could be an economic time bomb sitting on Thailand’s doorstep as Evergrande collapse nears

December 4, 2021

Economy, Foreigners, More News from Thailand, Thailand:

As Thailand and the world battle the COVID-19 virus with Omicron knocking on the door, the bigger threat economically for us all may again be… Read More ›

With Omicron hovering, firms already suffering a cash flow crunch with the economy again in peril

With Omicron hovering, firms already suffering a cash flow crunch with the economy again in peril

December 1, 2021

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

A senior official with the University of the Thai Chamber of Commerce (UTCC) has warned that the loss of small and medium-sized firms by even… Read More ›

Thailand pushes ahead with foreign tourism drive, may defer switch to antigen testing over Omicron

Thailand pushes ahead with foreign tourism drive, may defer switch to antigen testing over Omicron

November 29, 2021

Economy, Living, Personal, Thai World, Thailand:

A senior Thai public health official, on Monday, Dr Chawetsan Namwat, said his department had noted the mild symptoms being reported from the new Omicron… Read More ›

Health officials ask for a review of the list of 63 countries allowed to enter without quarantine on Covid fears

Health officials ask for a review of the list of 63 countries allowed to enter without quarantine on Covid fears

November 27, 2021

Economy, Personal, Thai World, Thailand:

Public Health Minister Anutin Charnvirakul is annoyed at reports of bars serving foreigners being open in central Bangkok as the door is shut on reopening… Read More ›

DTAC True merger to set up a Thailand 4.0 tech behemoth to bolster the economy still ‘uncertain’

DTAC True merger to set up a Thailand 4.0 tech behemoth to bolster the economy still ‘uncertain’

November 24, 2021

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

Two sides to the merger now begin due diligence but the fate of the deal ultimately hinges on obtaining regulatory approval. DTAC, 65% owned by… Read More ›

Nightlife to reopen on a certified basis as officials try to balance public health and the economy

Nightlife to reopen on a certified basis as officials try to balance public health and the economy

November 22, 2021

Economy, Foreigners, More News from Thailand, Thailand:

As Thailand’s reopening numbers are reassessed, a massive 94% of our readers see the kingdom’s tourism industry as synonymous with nightlife while figures from November… Read More ›