Economy

฿4,000 payouts for social security workers in the private sector being worked on by the government

฿4,000 payouts for social security workers in the private sector being worked on by the government

January 29, 2021

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

The scheme is backed by the Prime Minister Prayut Chan ocha who has expressed concern for 11 million workers, many working in hotels in the… Read More ›

Finance Ministry slashes 2021 growth outlook due to Covid-19 and dormant foreign tourism sector since last year

Finance Ministry slashes 2021 growth outlook due to Covid-19 and dormant foreign tourism sector since last year

January 29, 2021

Economy, More News from Thailand, Personal, Thai World, Thailand:

The Thai government has reacted skillfully to the second wave with targeted controls in zones of infection and timely initiatives to support the less well… Read More ›

Thai Airways seeks a second and last extension to file its survival plan with the Bankruptcy Court on March 3rd

Thai Airways seeks a second and last extension to file its survival plan with the Bankruptcy Court on March 3rd

January 28, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Rejection of the plan either by the court or creditors could see Thai Airways lose its court protected status. This would leave it at the… Read More ›

Thailand’s vaccination programme will not be complete until the end of 2022 says Health Minister Anutin

Thailand’s vaccination programme will not be complete until the end of 2022 says Health Minister Anutin

January 27, 2021

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

A Super Poll survey in recent days shows the public firmly behind the government and in stout agreement with the legal action being taken against… Read More ›

Cabinet eases the burden on struggling firms as tourism sector warns another million jobs will go

Cabinet eases the burden on struggling firms as tourism sector warns another million jobs will go

January 27, 2021

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

Cabinet decision this week on reduced social security fund contributions for firms in Thailand for February and March. It falls far short of the wish… Read More ›

Fact – only 6,556 visitors arrived in Thailand last month compared to 3.95 million in December 2019

Fact – only 6,556 visitors arrived in Thailand last month compared to 3.95 million in December 2019

January 26, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Government battling on all fronts to tame the latest virus wave while the loss of foreign tourism income has begun to bite even harder as… Read More ›

Thailand is winning its second battle against Covid-19 but an economic end is out of sight amid uncertainty

Thailand is winning its second battle against Covid-19 but an economic end is out of sight amid uncertainty

January 25, 2021

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

Interprovincial travel is still restricted across the country and 14 days quarantine is required for visitors from 5 highly infected provinces, namely Samut Sakhon, Rayong,… Read More ›

US Ambassador resigns as Biden Presidency starts with growing tensions with China over Taiwan

US Ambassador resigns as Biden Presidency starts with growing tensions with China over Taiwan

January 24, 2021

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

Taiwan may emerge as a significant issue over the coming months and years as aggressive military moves this week over the island have confirmed fears… Read More ›

Desperate foreign tourism business concerns are clinging to straws as they try to survive the crisis

Desperate foreign tourism business concerns are clinging to straws as they try to survive the crisis

January 24, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Most senior officials and economists agree that vaccination programmes bringing about a return to health security is the only answer for Thailand’s tourism industry. Yet,… Read More ›

Thai bank bucks the trend as most report sharp drops in profit and a cautious outlook for 2021

Thai bank bucks the trend as most report sharp drops in profit and a cautious outlook for 2021

January 23, 2021

Economy, Foreigners, More News from Thailand, Thailand:

It was a rather sombre picture as Thai banks, in reports to the Stock Exchange of Thailand, reported an overall 23% drop in profits for… Read More ›

Rocky days for Thai media and ad industry as virus ravages budgets and spends with economic uncertainty

Rocky days for Thai media and ad industry as virus ravages budgets and spends with economic uncertainty

January 22, 2021

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

Crisis for the Thai media and ad industry existed long before the virus emerged in Wuhan as spending on media in Thailand fell inexorably from… Read More ›

1.5 million more in poverty as World Bank warns of political unrest and sluggish vaccination rollout

1.5 million more in poverty as World Bank warns of political unrest and sluggish vaccination rollout

January 21, 2021

Economy, Personal, Thai World, Thailand:

Figures on poverty levels show an increase of 41% on those living under the breadline in Thailand by the end of 2020 with the vast… Read More ›

Thanathorn facing serious Lèse-majesté charges after Facebook broadcast on vaccination strategy

Thanathorn facing serious Lèse-majesté charges after Facebook broadcast on vaccination strategy

January 20, 2021

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

The Thai government and the Director of the National Vaccine Institute have hailed the AstraZeneca vaccine as the right one for Thailand and see the… Read More ›

Bitkub, Thailand’s online cryptocurrency success story faces scrutiny after SEC action this week

Bitkub, Thailand’s online cryptocurrency success story faces scrutiny after SEC action this week

January 20, 2021

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

The firm, led by Oxford-educated Jirayut Srupsrisopa, expanded dramatically last year and lately employed 230 people from a larger office complex in Bangkok with its… Read More ›

Bank of Thailand official says reopening to foreign tourism vital to kingdom’s 2021 economic hopes

Bank of Thailand official says reopening to foreign tourism vital to kingdom’s 2021 economic hopes

January 19, 2021

Economy, Living, Personal, Thai World, Thailand:

On Tuesday, the cabinet was presented with a ฿210 billion free cash payments scheme aimed at 31 million Thais. This came in addition to smaller… Read More ›

Mass tourism to return again in 2021 with 10 million visitors targeted and full insurance cover with arrival levy 

Mass tourism to return again in 2021 with 10 million visitors targeted and full insurance cover with arrival levy 

January 18, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Tourism levy to be announced in the Royal Gazette shortly and will provide full medical coverage to all foreign tourists in Thai hospitals including Covid-19… Read More ›

BCG economic and social blueprint over the next 5 years unveiled, promises more money for less

BCG economic and social blueprint over the next 5 years unveiled, promises more money for less

January 16, 2021

Economy, Personal, Thai World, Thailand:

New economic strategy appears to be more ‘green’ and talks about combating ‘overpopulation’ which suggests a policy change from the first junta government led by… Read More ›

Top virologist Dr Yong defends the use of the Sinovac vaccine to protect frontline medical staff at high risk 

Top virologist Dr Yong defends the use of the Sinovac vaccine to protect frontline medical staff at high risk 

January 15, 2021

Economy, Living, Personal, Thai World, Thailand:

The CoronaVac vaccine will be rolled out in Thailand in late February in the first step of the government’s three-step vaccination programme starting with front… Read More ›

Minister rules out easy pass for vaccinated tourists but says vaccine passports are being considered

Minister rules out easy pass for vaccinated tourists but says vaccine passports are being considered

January 14, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Public health remains the key consideration and key questions have to be addressed such as whether some vaccines are effective in halting transmission of the… Read More ›

Angry and disillusioned tourism operators in Pattaya call on the governor to close down hotels

Angry and disillusioned tourism operators in Pattaya call on the governor to close down hotels

January 13, 2021

Economy, Living, Personal, Thai World, Thailand:

Industry leaders now convinced that it will be 2022 before any prospect of recovery emerges and are asking the government to step up with support… Read More ›