Economy

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 ›

Passengers to finally get refunds from high-flying Thai Airways still facing financial turbulence 

Passengers to finally get refunds from high-flying Thai Airways still facing financial turbulence 

October 21, 2022

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

It appears that the airline, kept alive by cargo freight income and the protection of the court through the pandemic emergency, has made substantial progress… Read More ›

Truss resigns as UK Prime Minister, the shortest-lived and most disastrous tenure in office ever

Truss resigns as UK Prime Minister, the shortest-lived and most disastrous tenure in office ever

October 20, 2022

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

Her replacement is expected to be unveiled in a week. Former chancellor Rishi Sunak is thought to be a key contender as is Penny Mordaunt… Read More ›

Travel to Thailand rebounding despite inflation and higher fares, now nearly 2 million a month

Travel to Thailand rebounding despite inflation and higher fares, now nearly 2 million a month

October 20, 2022

Economy, Foreigners, More News from Thailand, Thailand:

An 80% rise in energy costs in the United Kingdom and similar rises in Europe with inflation at a 40-year high may well be good… Read More ›

Amazon becomes a key investor in Thailand as cloud computer firm AWS sets up shop in Bangkok

Amazon becomes a key investor in Thailand as cloud computer firm AWS sets up shop in Bangkok

October 19, 2022

Economy, Personal, Thai World, Thailand:

There is no doubt that the US firm’s investment in Thailand through a new subsidiary firm is good news which will see Thailand become a… Read More ›

Bad news from Beijing with Xi’s rise, the prospect of war and a divided world have greatly grown

Bad news from Beijing with Xi’s rise, the prospect of war and a divided world have greatly grown

October 18, 2022

Economy, Personal, Politics, Thai World, Thailand:

Xi Jinping has presided since 2013 over a period of declining growth rates and the emergence of several great crises which have completely undermined confidence… Read More ›

Somkid: scrap submarines budget and spend less on flagship projects to boost grassroots economy

Somkid: scrap submarines budget and spend less on flagship projects to boost grassroots economy

October 17, 2022

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

On Monday, the Prime Minister’s Office welcomed last week’s report from the International Monetary Fund on the Thai economy which confirmed projected growth of 2.8%… Read More ›

Drugs showdown in the works bound to prompt memories of decisive 2003 crackdown by Thaksin government

Drugs showdown in the works bound to prompt memories of decisive 2003 crackdown by Thaksin government

October 17, 2022

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

The current campaign as well as being a response to Nong Bua Lamphu also comes after demands from other provinces around the country including Krabi… Read More ›

Pheu Thai looking at property developer tycoon Srettha for PM role after next General Election

Pheu Thai looking at property developer tycoon Srettha for PM role after next General Election

October 16, 2022

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

The speculation about who may lead a Pheu Thai government comes with the party doing well in opinion polls and after it unveiled a radical… Read More ›

Former minister questions export growth data as Bank of Thailand plans to rein in consumer loans

Former minister questions export growth data as Bank of Thailand plans to rein in consumer loans

October 12, 2022

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

Plans announced by the Bank of Thailand to issue guidance to financial institutions in the opening quarter of 2023 on reining in excessive consumer lending… Read More ›

Possible Pheu Thai PM Paetongtarn Shinawatra promises a new society where everyone is secure

Possible Pheu Thai PM Paetongtarn Shinawatra promises a new society where everyone is secure

October 9, 2022

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

Policy platform presentation on Sunday and the latest opinion poll in the northeast comes as the nation is still preoccupied with the tragic aftermath of… Read More ›

Warning to central bank to preserve Thai foreign exchange reserves for a brewing 2023 economic storm 

Warning to central bank to preserve Thai foreign exchange reserves for a brewing 2023 economic storm 

October 6, 2022

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

Many analysts believe that there is a strong geopolitical impetus in the current policy being pursued by the Federal Reserve in Washington DC which may… Read More ›

China moves to censor top western banks as its economy tanks before Communist Party summit

China moves to censor top western banks as its economy tanks before Communist Party summit

October 4, 2022

Economy, Foreigners, More News from Thailand, Thailand:

For Thailand, the downturn in China has direct implications in terms of economic growth and also the value of the Thai baht which, in the… Read More ›

Baht slide continues as Bank of Thailand sticks to its dovish and soft approach to interest rates

Baht slide continues as Bank of Thailand sticks to its dovish and soft approach to interest rates

September 28, 2022

Economy, Living, Personal, Thai World, Thailand:

Bank of Thailand sticks to its guns and holds off on higher rate rises to protect the country’s economic recovery pushing the baht into a… Read More ›

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