Economy

Baht to strengthen later in the year even after July as foreign tourists will return says top bank economist

Baht to strengthen later in the year even after July as foreign tourists will return says top bank economist

May 27, 2021

Economy, Personal, Politics, Thai World, Thailand:

Despite the return of growth in Thailand’s export sector with encouraging news this week reported for April, the country has run on a negative current… Read More ›

Phuket still to reopen by July 1st but key economic agency predicts a 99% wipeout in tourist arrivals

Phuket still to reopen by July 1st but key economic agency predicts a 99% wipeout in tourist arrivals

May 23, 2021

Economy, Personal, Thai World, Thailand:

Thailand’s goal of developing its domestic tourism market is only helped by its foreign tourism industry and is ultimately dependent on overall economic development and… Read More ›

Foreigners can register at local hospitals and medical facilities for a vaccine from June 7th

Foreigners can register at local hospitals and medical facilities for a vaccine from June 7th

May 22, 2021

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

The government is mobilising to speed up the vaccination drive with reports of a rising level of infection among the general population and workers. A… Read More ›

Economic picture continues to darken as cabinet approves new ฿700 billion loan to plug the gap of higher deficits

Economic picture continues to darken as cabinet approves new ฿700 billion loan to plug the gap of higher deficits

May 20, 2021

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

Baht has lost 4.8% since mid-December 2020 as the country has shown a current account negative balance since November 2020. Figures released on Monday show… Read More ›

Expats to get vaccine app as Buriram threatens jail for anyone not complying with jab rollout mission

Expats to get vaccine app as Buriram threatens jail for anyone not complying with jab rollout mission

May 18, 2021

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

Thailand experiences the largest day of infections so far as the government announces it is preparing a vaccination programme with contact facilities and communications for… Read More ›

PM denies Thai Airways will be rehabilitated as a state enterprise with new funding at this point

PM denies Thai Airways will be rehabilitated as a state enterprise with new funding at this point

May 16, 2021

Economy, Personal, Politics, Thai World, Thailand:

The PM however has left the door open for future developments by saying that the government will let the rehabilitation process play out and will… Read More ›

Thailand facing a credit crunch as 3rd virus wave craters the kingdom’s economic recovery plans

Thailand facing a credit crunch as 3rd virus wave craters the kingdom’s economic recovery plans

May 14, 2021

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

Liquidity in the banking system decreased by 70% from May 2020 to March 2021 with the latest figures from the first quarter of this year… Read More ›

Trade pact with Hong Kong as Thailand negotiates both Chinese and new western trade relationships

Trade pact with Hong Kong as Thailand negotiates both Chinese and new western trade relationships

May 12, 2021

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

The development, over the weekend, to postpone the decision on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) must be looked at both from… Read More ›

Colourful Bangkok former sex industry tycoon Chuwit told to quit sniping by an aide to the PM 

Colourful Bangkok former sex industry tycoon Chuwit told to quit sniping by an aide to the PM 

May 10, 2021

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

In April, the ever-controversial Chuwit Kamolvisit revealed he had published a report on Thailand’s prostitution industry for his Thammasat University thesis 10 years ago and… Read More ›

Thailand still plans to attract foreign tourists in the last quarter of 2021 targeting 4 million visitors

Thailand still plans to attract foreign tourists in the last quarter of 2021 targeting 4 million visitors

May 9, 2021

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

New visitor charge for all incoming travellers from 2022 will be ฿300 but will provide for automatic insurance cover for foreign tourists in Thailand, something… Read More ›

Economy’s financial position is sound says central bank boss but Thailand is dealing with a crisis

Economy’s financial position is sound says central bank boss but Thailand is dealing with a crisis

May 8, 2021

Economy, Personal, Thai World, Thailand:

The current rocky economic road could be longer than at first thought as prospects for 2021 have begun to evaporate while the government continues to… Read More ›

‘No one is safe until everyone is safe.’ Foreigners and expats on vaccine to do list says top official at ministry

‘No one is safe until everyone is safe.’ Foreigners and expats on vaccine to do list says top official at ministry

May 7, 2021

Economy, Living, Personal, Thai World, Thailand:

Both a spokesman for the Ministry of Foreign Affairs, on Wednesday, Natapanu Nopakun and the Head of the Department of Disease Control at the Ministry… Read More ›

Thai government urged to buy more vaccine doses at any cost as the only way out of a growing crisis

Thai government urged to buy more vaccine doses at any cost as the only way out of a growing crisis

May 5, 2021

Economy, Living, Personal, Thai World, Thailand:

Government’s handling of the vaccination campaign is being openly criticised for being too short-sighted and lacking ambition. One analyst has said the government can have… Read More ›

Thailand may face a ‘real crisis’ as 3rd virus wave fails to slow amid record deaths says top doctor

Thailand may face a ‘real crisis’ as 3rd virus wave fails to slow amid record deaths says top doctor

May 3, 2021

Economy, Living, Personal, Thai World, Thailand:

Thailand is lagging behind most countries in Southeast Asia in its vaccination effort as it has been plunged into a third wave of the virus… Read More ›

Expats over 60 and with underlying conditions can register for free Covid vaccinations in June & July

Expats over 60 and with underlying conditions can register for free Covid vaccinations in June & July

May 2, 2021

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

Despite the assurance of unity this week from government spokesman Anucha Burapachaisri, there is tension at a political level both within parliament and even among… Read More ›

Wave of calamity scuppers any foreign tourism recovery with even 7% of visitors now in doubt

Wave of calamity scuppers any foreign tourism recovery with even 7% of visitors now in doubt

April 30, 2021

Economy, Personal, Politics, Thai World, Thailand:

Heavy hand of the Centre for Covid-19 Situation Administration (CCSA) reintroduces 14 day quarantine period for all visitors after May 6th as the campaign to… Read More ›

Economy can weather the storm caused by third virus wave downturn no matter how rough it gets

Economy can weather the storm caused by third virus wave downturn no matter how rough it gets

April 28, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Japanese rating agency explains the fundamentals of Thailand’s economy which may yet allow it to defy the new challenges posed by a deadly third wave… Read More ›

Thailand scrambles to procure more vaccines as infections and deaths from Covid-19 jump sharply

Thailand scrambles to procure more vaccines as infections and deaths from Covid-19 jump sharply

April 23, 2021

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

Ex-Premier Thaksin Shinawatra, speaking on Clubhouse, urged the government to work with business leaders and offered to reach out to international leaders himself on Monday… Read More ›

Ministry fails to halt ฿25.4 billion payment order to Hong Kong based firm linked to 1990 contract

Ministry fails to halt ฿25.4 billion payment order to Hong Kong based firm linked to 1990 contract

April 22, 2021

Economy, Foreigners, More News from Thailand, Thailand:

The ongoing saga began with a rail contract in 1990 which was hampered by corruption in acquiring land, a coup, a government suspension and finally… Read More ›

FM Don to attend Myanmar ASEAN summit with high stakes for Thailand as civil war there looms large

FM Don to attend Myanmar ASEAN summit with high stakes for Thailand as civil war there looms large

April 20, 2021

Economy, Foreigners, More News from Thailand, Thailand:

The battle of the public, allied with civil society in Myanmar, against the repressive junta is increasingly being seen, in a broader context, as a… Read More ›