Economy

Ministers told to fund new utility bill supports as government moves to ease Covid-19 virus surge hardship

Ministers told to fund new utility bill supports as government moves to ease Covid-19 virus surge hardship

January 6, 2021

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

Exporters warn the government that logistics needed for shipping in Eastern provinces must be maintained up and running as they report an upside in demand… Read More ›

Thailand faces its darkest hour against Covid-19 virus as vaccinations due to begin in March

Thailand faces its darkest hour against Covid-19 virus as vaccinations due to begin in March

January 5, 2021

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

Prime Minister appeals to the public to lie low for 14 or 15 days as his government tries to avoid plunging the economy into meltdown… Read More ›

Ministry asks Covid-19 unit to halt travel from the UK over new ‘Kent’ strain found among a family

Ministry asks Covid-19 unit to halt travel from the UK over new ‘Kent’ strain found among a family

January 5, 2021

Economy, Living, Personal, Thai World, Thailand:

Sources are pointing out that no decision has yet been taken on the request and that certificates of entry continue to be issued to UK… Read More ›

Just when things couldn’t get worse, Covid 19 does it again as hoteliers face an even greater crisis in 2021

Just when things couldn’t get worse, Covid 19 does it again as hoteliers face an even greater crisis in 2021

January 3, 2021

Economy, Personal, Thai World, Thailand:

Danucha Pichayanan, the Secretary-General of the Economic and Social Development Council (NESDC) has said unemployment caused by the collapse of the tourism sector combined with… Read More ›

Thailand mobilising towards faster vaccinations as the Covid virus pandemic reaches new heights

Thailand mobilising towards faster vaccinations as the Covid virus pandemic reaches new heights

January 2, 2021

Economy, Personal, Thai World, Thailand:

The Public Health Minister Anutin Charnvirakul has ordered the preparation of regulations to allow for the swift approval of a consignment of 2 million vaccine… Read More ›

Strict entry criteria to remain as officials await clarity on the medical status of vaccinated people

Strict entry criteria to remain as officials await clarity on the medical status of vaccinated people

December 31, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The Department of Disease Control official, Dr Opas Karnkawinpong, did suggest that Thailand would review the science if, at some point, there is clarity on… Read More ›

Ministers hoping the kingdom can come through 2nd virus wave with minimal economic damage

Ministers hoping the kingdom can come through 2nd virus wave with minimal economic damage

December 31, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Latest figures from the Fiscal Policy Office at the Ministry of Finance show consumer confidence buoyed to its highest point since March this year in… Read More ›

Confirmed: Covid-19 second wave is here with the new outbreak seen as more serious than the first one

Confirmed: Covid-19 second wave is here with the new outbreak seen as more serious than the first one

December 29, 2020

Economy, Living, Personal, Thai World, Thailand:

Government urges the public to cut back on all socialising for the New Year as fears grow. The Centre for Covid 19 Situation Administration spokesman,… Read More ›

Property glut fueling visa offer schemes for foreigners with up to ฿1 trillion in unsold property

Property glut fueling visa offer schemes for foreigners with up to ฿1 trillion in unsold property

December 28, 2020

Economy, Living, Personal, Thai World, Thailand:

Bangkok has a property glut with up to 300,000 unsold properties as foreign buyers, mostly Chinese, are still trapped behind their own borders. There are… Read More ›

Thailand raises the white flag on foreign tourism for now as the world fights against the Covid-19 virus

Thailand raises the white flag on foreign tourism for now as the world fights against the Covid-19 virus

December 28, 2020

Economy, Foreigners, More News from Thailand, Thailand:

A bolstering of the international flight network in April may offer some glimmer of opportunity according to the minister who said Thailand would be cautious… Read More ›

Thailand to launch a moon space programme to boost efforts to become a high-income economy

Thailand to launch a moon space programme to boost efforts to become a high-income economy

December 27, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Moon spaceship programme to be launched officially in January by the Ministry of Education, Science, Research and Innovation in what is a serious effort to… Read More ›

Thailand urged to get on the ball as the full Brexit gets the green light with Christmas Eve trade pact

Thailand urged to get on the ball as the full Brexit gets the green light with Christmas Eve trade pact

December 26, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The deal announced on Christmas Eve has lifted both the US dollar and the pound sterling. Economic experts are urging Thailand to step up its… Read More ›

PM criticises employers for using cheap, illegal migrant labour as officials remain on high alert

PM criticises employers for using cheap, illegal migrant labour as officials remain on high alert

December 25, 2020

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

Colour coded system designates Bangkok as an ‘orange’ area where increased public and official caution is required over the coming days as the kingdom hopes… Read More ›

Covid lockdown would set back economic recovery efforts and long term goals warns the World Bank

Covid lockdown would set back economic recovery efforts and long term goals warns the World Bank

December 24, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Even before the latest fears of a lockdown after the Samut Sakhon outbreak among Myanmar migrant workers, there was a concern for Thai exports in… Read More ›

Prime Minister warns employers and bent officials over illegal migrant workers but calls for calm for now

Prime Minister warns employers and bent officials over illegal migrant workers but calls for calm for now

December 22, 2020

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

Public Health Minister Anutin Charnvirakul confirmed the deployment of a 100-bed military hospital in Samut Sakhon to assist with the treatment of migrant workers in… Read More ›

Thailand in direct trade talks with 12 Indian states which could also boost the tourism industry here in 2021

Thailand in direct trade talks with 12 Indian states which could also boost the tourism industry here in 2021

December 19, 2020

Economy, Personal, Thai World, Thailand:

First mini free trade deal pact with an Indian state will likely be with Telangana whose capital in southern India is Hyderabad which is home… Read More ›

Plan to allow high tech and skilled foreigners to live and work in Thailand for up to four years

Plan to allow high tech and skilled foreigners to live and work in Thailand for up to four years

December 18, 2020

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

Expanded Smart Visa scheme is aimed at business executives, entrepreneurs, investors and even senior educators in academia who can bring added skills and know-how to… Read More ›

Baht held at current rate against the US dollar but in the long term, it may be simply unsustainable to do this

Baht held at current rate against the US dollar but in the long term, it may be simply unsustainable to do this

December 17, 2020

Economy, Personal, Thai World, Thailand:

Thailand’s central bank is prioritising the country’s nascent recovery by propping up the dollar. The recent strengthening of the baht is being driven by a… Read More ›

More assured Biden Presidency to test Bangkok as US Chinese tensions expected to remain in play in Asia

More assured Biden Presidency to test Bangkok as US Chinese tensions expected to remain in play in Asia

December 15, 2020

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

No one can deny the rise of China in the Asia Pacific region and Thailand’s move towards its orbit in the last two decades. However,… Read More ›

Challenge of the virus and closure to tourism leads to major long term changes in the Thai economy 

Challenge of the virus and closure to tourism leads to major long term changes in the Thai economy 

December 14, 2020

Economy, Foreigners, More News from Thailand, Thailand:

A vaccination passport for inoculated travellers, which may be compulsory, could be the key to reopening the world’s sky lanes in the latter half of… Read More ›