Economy

Recreational use of pot to be recriminalised as Minister warns abuses are undermining his plan

Recreational use of pot to be recriminalised as Minister warns abuses are undermining his plan

July 30, 2022

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

The decriminalisation of marijuana is turning into a major problem for the government with chaos in ministries and agencies responsible including an anxious request to… Read More ›

British Airways snubs Bangkok in favour of elite travellers to Singapore as Thai Airways load levels rise

British Airways snubs Bangkok in favour of elite travellers to Singapore as Thai Airways load levels rise

July 27, 2022

Economy, Foreigners, More News from Thailand, Thailand:

As the government put off indefinitely its foreign tourism levy, this week, one of the country’s most successful conglomerates, Minor International (MINT) announced the addition… Read More ›

Tourist levy hits further turbulence with fears it could harm airline’s effort to boost flight numbers

Tourist levy hits further turbulence with fears it could harm airline’s effort to boost flight numbers

July 18, 2022

Economy, Personal, Politics, Thai World, Thailand:

The fee will provide automatic insurance cover with 11.3% of the money from it going to pay for limited medical insurance coverage for visitors with… Read More ›

Central bank reassurances as ex-minister raises loan quality with China’s economy in trouble 

Central bank reassurances as ex-minister raises loan quality with China’s economy in trouble 

July 15, 2022

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

Top Thai bank official Dr Daranee Saeju this week assured reporters that Thailand’s strong financial position made it impervious to speculation and was quite unlike… Read More ›

Roiled US-Chinese tensions in Asia pose Thailand with short-term leverage but a future trial ahead

Roiled US-Chinese tensions in Asia pose Thailand with short-term leverage but a future trial ahead

July 12, 2022

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

Thailand’s position has moved strikingly from its stance in 2018 when General Prayut Chan ocha told Time Magazine that the kingdom’s key strategic partner was… Read More ›

Negative reaction and horror at Thailand’s plan to charge foreigners more than locals at hotels

Negative reaction and horror at Thailand’s plan to charge foreigners more than locals at hotels

July 8, 2022

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

The bombshell announcement this week is bound to generate antipathy and concern among foreigners both inside and without Thailand. It goes against all principles of… Read More ›

Thailand with a falling baht caught in stagflation spiral with high inflation and low GDP growth this year

Thailand with a falling baht caught in stagflation spiral with high inflation and low GDP growth this year

July 7, 2022

Economy, Personal, Thai World, Thailand:

The significant and heavy impact of the war in Ukraine is hitting Thailand hard as it also challenges economies across the world as inflation bites… Read More ›

Anutin: time to halt foreign tourism price deals, Thailand to be the Louis Vuitton of the world travel market

Anutin: time to halt foreign tourism price deals, Thailand to be the Louis Vuitton of the world travel market

July 5, 2022

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

The comments come as the Thai baht depreciates against the US dollar and is about to pass the ฿36 to the dollar mark as the… Read More ›

Good news from airports as arrivals help offset damage from inflation and supply chain blocks caused by war

Good news from airports as arrivals help offset damage from inflation and supply chain blocks caused by war

June 29, 2022

Economy, Living, Personal, Thai World, Thailand:

Kasikorn Research Centre predicts that there is enough capital in the financial system to meet short-term debt repayments, imports for 3 months and demand for… Read More ›

Fears for the baht as it hits a 15-year low and Thai economic performance in the medium term with chronic ills

Fears for the baht as it hits a 15-year low and Thai economic performance in the medium term with chronic ills

June 26, 2022

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

While the kingdom maintains a strong external financial situation and prudent fiscal management to support its economy, the growing impact of chronic problems such as… Read More ›

World inflation crisis may lead Bank of Thailand to act before August and raise interest rates more sharply

World inflation crisis may lead Bank of Thailand to act before August and raise interest rates more sharply

June 19, 2022

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

Rapidly changing world financial environment where cash is king and looking like it is going to be more expensive as interest rates are set to… Read More ›

Boomtime with Thailand Pass gone by July 1st along with 2 am closing and face mask easing in public 

Boomtime with Thailand Pass gone by July 1st along with 2 am closing and face mask easing in public 

June 17, 2022

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

Face mask requirement in public is abandoned except for crowded areas and places with poor ventilation such as public transport as Thailand drops all restrictions… Read More ›

US Defence Chief asserts Thailand’s position as a key military ally in a tense Indo-Pacific region

US Defence Chief asserts Thailand’s position as a key military ally in a tense Indo-Pacific region

June 17, 2022

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

Lloyd Austin, a career soldier who began work as a US Army lieutenant in the 1970s, cut an impressive figure in Bangkok this week after… Read More ›

Marijuana revolution and overdoses raise concern with calls for action to outlaw recreational use

Marijuana revolution and overdoses raise concern with calls for action to outlaw recreational use

June 15, 2022

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

Cannabis revolution places Thailand in danger: Police and drug control agencies agree that under the current legal provisions in force, unrestricted recreational use of cannabis… Read More ›

Visa free for all put forward by industry meeting hosted by Tourism Authority of Thailand (TAT)

Visa free for all put forward by industry meeting hosted by Tourism Authority of Thailand (TAT)

June 12, 2022

Economy, Personal, Thai World, Thailand:

The proposals from the meeting which ranged from declaring Thailand mask-free outdoors to eliminating temperature checks on arrival, come as the kingdom’s foreign tourism numbers… Read More ›

Concern for the Thai baht and liquidity if Thailand does not move swiftly to raise interest rates

Concern for the Thai baht and liquidity if Thailand does not move swiftly to raise interest rates

June 10, 2022

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

Some analysts in the United States suggest that interest rates there could reach 2.7% to 3% by the end of 2022 leading to a wider… Read More ›

Proposal to scrap Thailand Pass comes as moves to return to normal face a new hurdle: politics

Proposal to scrap Thailand Pass comes as moves to return to normal face a new hurdle: politics

June 7, 2022

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

Thailand’s economy is facing rising inflation and slowing export growth with fears of a GDP contraction in the second quarter. The scrapping of the Thailand… Read More ›

Conflicting signals nationwide and in Phuket on face mask mandate with two volte-faces this week

Conflicting signals nationwide and in Phuket on face mask mandate with two volte-faces this week

June 4, 2022

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

Impatience appears to be growing in the nightlife sector and across the foreign tourism industry for not only a return to full normality but stronger… Read More ›

Face masks back on as cabinet votes down end of mandate in June. Nightlife trade slams reopening

Face masks back on as cabinet votes down end of mandate in June. Nightlife trade slams reopening

May 31, 2022

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

Nightlife business owner says his customers are not happy with seeing masseuses with face masks on while other operators slam the nervousness of the government… Read More ›

Monkeypox case in Thailand confirmed in transit passenger at Suvarnabhumi Airport last week 

Monkeypox case in Thailand confirmed in transit passenger at Suvarnabhumi Airport last week 

May 30, 2022

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

First case detected in Thailand is a transit passenger who only spent two hours at Suvarnabhumi Airport and was asymptomatic. Nevertheless, the Ministry of Public… Read More ›