Economy

Central bank boss worried about General Election political promises and rising geopolitical threats

Central bank boss worried about General Election political promises and rising geopolitical threats

November 20, 2022

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

The bank is confident that Thailand’s economy will grow at not less than 3% in 2023 and has projected 3.8%. Meanwhile, a key monetary policy… Read More ›

Thailand looking at new modular US nuclear reactors as a future sustainable power source

Thailand looking at new modular US nuclear reactors as a future sustainable power source

November 19, 2022

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

Successful summit was wrapped up by Thai Prime Minister Prayut Chan ocha in Bangkok on Saturday as he handed over the baton to the US… Read More ›

President Xi Jinping touches down in Bangkok for APEC Summit hosted by Thailand, PM at the airport

President Xi Jinping touches down in Bangkok for APEC Summit hosted by Thailand, PM at the airport

November 17, 2022

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

National Police Commissioner General Damrongsak Kittiprapat has implored the public in Bangkok to assist the police in carrying out the mammoth security operation for the… Read More ›

Bank of Thailand moves against cash and the US dollar in a plan to reduce circulating bank notes in half by 2026

Bank of Thailand moves against cash and the US dollar in a plan to reduce circulating bank notes in half by 2026

November 15, 2022

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

The new policy to halve the amount of cash in circulation by 2026 comes as the Bank of Thailand joined four other Southeast Asian central… Read More ›

PM supports stronger ASEAN-US partnership to tackle emerging crises in the region and globally 

PM supports stronger ASEAN-US partnership to tackle emerging crises in the region and globally 

November 13, 2022

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

The Thai Prime Minister’s support for the Quad defence initiative between the United States, Japan, India and Australia, seen as a bulwark against China, as… Read More ›

Soaring baht as the Thai economic spirit rises with one of the world’s lowest levels of inflation

Soaring baht as the Thai economic spirit rises with one of the world’s lowest levels of inflation

November 12, 2022

Economy, Living, Personal, Thai World, Thailand:

Definitive US inflation data showing lower inflation figures interpreted by the markets this time as meaning the Federal Reserve might be more inclined to reduce… Read More ›

World Cup all set to be available on free-to-air TV in a vital boost to the foreign tourism industry

World Cup all set to be available on free-to-air TV in a vital boost to the foreign tourism industry

November 9, 2022

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

The US dollar has fallen by 3.7% against the baht in the last 3 weeks as the number of foreign tourists entering the country is… Read More ›

Land for foreign high flyers plan to be axed by cabinet as new 10-year visa draws a pretty mild response

Land for foreign high flyers plan to be axed by cabinet as new 10-year visa draws a pretty mild response

November 7, 2022

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

Minister of the Interior General Anupong argues that there are other options for foreigners seeking to acquire property in Thailand and that the new 10-year… Read More ›

Emergency Room admissions for cannabis up 566% as parties call for it to again be criminalised

Emergency Room admissions for cannabis up 566% as parties call for it to again be criminalised

November 5, 2022

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

Spat between deputy prime ministers Anutin Charnvirakul and Jurin Laksanawisit over the issue as tensions mount. The Democrat Party and the opposition are adamant that… Read More ›

4 am Nightlife closing time pushed again by minister as TAT unveils deal to boost US tourists and flights

4 am Nightlife closing time pushed again by minister as TAT unveils deal to boost US tourists and flights

November 4, 2022

Culture, Economy, Personal, Thai World, Thailand:

Pilot study on the Bangla Road in Phuket carried out by the Ministry of Tourism and Sports shows that 2 am to 3 am is… Read More ›

Flight connectivity dogs tourism recovery as Immigration Bureau warns travellers of delays

Flight connectivity dogs tourism recovery as Immigration Bureau warns travellers of delays

November 2, 2022

Economy, Living, Personal, Thai World, Thailand:

An Immigration Bureau spokesman on Wednesday warned of longer waiting periods at arrivals with large numbers and tighter screening in advance of the Asia-Pacific Economic… Read More ›

Anger grows over land for foreigners plan as ex-MP says Thais may face a ban in upmarket areas

Anger grows over land for foreigners plan as ex-MP says Thais may face a ban in upmarket areas

November 1, 2022

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

Land purchase programme under the new long-term visa is now being backpedalled by the government with Deputy Prime Minister Wissanu Krea-ngam, on Tuesday, saying it… Read More ›

Pheu Thai opposes land for foreigners as industry leader warns of abuse from Chinese speculators 

Pheu Thai opposes land for foreigners as industry leader warns of abuse from Chinese speculators 

October 29, 2022

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

The government has been left reeling as opposition to its property for wealthy foreigners regulation rises with fears of abuses by wealthy Chinese investors as… Read More ›

Thai Economy to grow

Full steam ahead: Thailand’s economy on course for steady GDP growth in 2023 despite headwinds

October 28, 2022

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

The prospects for growth in 2023 will be driven primarily by foreign tourism with over 21 million tourists expected to arrive. The real problem that… Read More ›

Deputy Prime Minister Jurin reports higher than expected exports in September but a trade deficit

Deputy Prime Minister Jurin reports higher than expected exports in September but a trade deficit

October 26, 2022

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

Speaking on Monday, the minister reaffirmed his party’s opposition to the government’s marijuana bill. The deputy prime minister said the liberal availability of cannabis was… Read More ›

Cabinet approves land rights for rich foreigners as Thailand ramps up inward investment in 2022

Cabinet approves land rights for rich foreigners as Thailand ramps up inward investment in 2022

October 26, 2022

Economy, Foreigners, More News from Thailand, Thailand:

Prime Minister Prayut Chan ocha upbeat about the kingdom’s prospects as inward investment from foreign firms for the first 9 months showed a 57% improvement… Read More ›

Finance Ministry unveils green bonds as it seeks ฿900 billion for investment over four years

Finance Ministry unveils green bonds as it seeks ฿900 billion for investment over four years

October 25, 2022

Economy, Living, Personal, Thai World, Thailand:

Kingdom’s finances appear to be sound with a projected debt-to-GDP ratio in 2023 of 60.4% which is extremely prudent by international standards. The fact that… Read More ›

Thailand feels the pinch of lower tourism earnings as second ex-minister queries economic data

Thailand feels the pinch of lower tourism earnings as second ex-minister queries economic data

October 24, 2022

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

Former Deputy Minister of Labour warns that a continuation of the current trend with twin deficits would be bad news for the kingdom. Thailand’s Foreign… Read More ›

Prayut hails economic progress by his government but his path to reelection next summer is still unclear

Prayut hails economic progress by his government but his path to reelection next summer is still unclear

October 23, 2022

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

Political experts and commentators have been talking up the prospects of the Bhumjaithai Party as a ‘neutral’ actor on the receiving end of defections with… Read More ›

MP seeks probe into Thursday’s NBTC decision not to block the $7.5 billion DTAC True merger

MP seeks probe into Thursday’s NBTC decision not to block the $7.5 billion DTAC True merger

October 22, 2022

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

The decision on Thursday by the National Broadcasting and Telecommunications Commission (NBTC) not to block the huge merger between two key players in the Thai… Read More ›