Economy

Tourism minister’s plan to offer vaccines to foreign tourists as recovery mired at 29% of 2019

Tourism minister’s plan to offer vaccines to foreign tourists as recovery mired at 29% of 2019

December 28, 2022

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

Thailand’s long and slow recovery of its foreign tourism industry continues with a somewhat ambivalent attitude towards the now imminent prospect of a return of… Read More ›

PM and Ung Ing to do battle in 2023 for the top job with public debt and the economy as key issues

PM and Ung Ing to do battle in 2023 for the top job with public debt and the economy as key issues

December 27, 2022

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

Public debt and the management of the economy will be the key battleground for this General Election as it is clear the alternative to the… Read More ›

Pheu Thai to knock back skyrocketing electricity costs hitting business with a 21% rise in 2023 already confirmed

Pheu Thai to knock back skyrocketing electricity costs hitting business with a 21% rise in 2023 already confirmed

December 15, 2022

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

The business sector, in recent months, is expressing higher confidence with the return of foreign tourism at critical levels but is expecting to be left… Read More ›

War erupts over Pheu Thai’s ฿600 minimum wage plan with the economy as the key election issue

War erupts over Pheu Thai’s ฿600 minimum wage plan with the economy as the key election issue

December 9, 2022

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

An academic with Srinakharinwirot University (SWU) welcomed the proposal in broad terms as beneficial to newly graduated students taking up employment but expressed his concern… Read More ›

New Air Canada link from Vancouver to Bangkok an aviation first, will boost American arrivals to Thailand

New Air Canada link from Vancouver to Bangkok an aviation first, will boost American arrivals to Thailand

December 4, 2022

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

Direct 13-hour flight from Vancouver to Bangkok is a first for Air Canada and Thailand which is trying to regain its position as a power… Read More ›

Even as the baht surges, Thailand faces economic recession in mid-2023 with lower earnings

Even as the baht surges, Thailand faces economic recession in mid-2023 with lower earnings

December 1, 2022

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

KKP Research, the research arm of Kiatnakin Phatra Bank in Bangkok is predicting the Thai economy to enter recession in the opening quarter of 2023… Read More ›

Foreign tourism is Thailand’s only hope in 2023 as exports dim with hard times seen in key markets

Foreign tourism is Thailand’s only hope in 2023 as exports dim with hard times seen in key markets

November 28, 2022

Economy, Personal, Thai World, Thailand:

The Economic Intelligence Centre (EIC), the research arm of Siam Commercial Bank has forecast growth of 3.4% in 2023 compared to similar projections for 2022.… Read More ›

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 ›

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