Economy

Labour Minister Phiphat wants to offer ฿3k per child for 7 years to boost the country’s declining workforce

Labour Minister Phiphat wants to offer ฿3k per child for 7 years to boost the country’s declining workforce

October 14, 2024

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

Thailand’s Labour Minister proposes ฿3,000 per month per child for seven years to boost the workforce and counter demographic decline. With falling birth rates and… Read More ›

Anxiety in tourism sector after a difficult third quarter. However, hopes still high for a good year

Anxiety in tourism sector after a difficult third quarter. However, hopes still high for a good year

October 13, 2024

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

Thailand’s tourism sector was hit by declines in Q3 due to a weak economy, flooding, and global tensions. Hopes remain for a recovery in Q4,… Read More ›

Trump reaches out to US expats in Thailand to help win the election. No double taxation pledge

Trump reaches out to US expats in Thailand to help win the election. No double taxation pledge

October 11, 2024

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

Trump promises to end double taxation for expats in Thailand, aiming to win their support in the election. With 100,000 Americans living there, his pledge… Read More ›

Chinese EV industry in Thailand faces a crisis. It is demanding an urgent hearing from the government on its promotions

Chinese EV industry in Thailand faces a crisis. It is demanding an urgent hearing from the government on its promotions

October 9, 2024

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

Chinese-owned EV manufacturers in Thailand face a crisis with a surplus of unsold cars. They demand urgent government intervention. Failure to meet production quotas could… Read More ›

Central secures Saudi wealth fund as 40% minority partner in luxury Selfridges department store chain

Central secures Saudi wealth fund as 40% minority partner in luxury Selfridges department store chain

October 9, 2024

Economy, Living, Media, Personal, PR News, Thai World, Thailand:

Central Group partners with the Saudi wealth fund which has secured a 40% stake in Selfridges. The luxury retailer operates 18 stores, including London’s iconic… Read More ›

Economy growing as Central Bank and Finance see eye to eye. However the threat of political instability is also

Economy growing as Central Bank and Finance see eye to eye. However the threat of political instability is also

October 8, 2024

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

Central Bank and Finance Ministry seek a unified stance on rising inflation, projected at 1.49%. However, political instability looms as Deputy Prime Minister Pichai pushes… Read More ›

Thai firms call for urgent and robust action on cheap Chinese imports as manufacturing shrinks

Thai firms call for urgent and robust action on cheap Chinese imports as manufacturing shrinks

October 7, 2024

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

Business leaders are alarmed at the government’s inaction on cheap Chinese imports, fearing a lack of commitment after a recent meeting between the Commerce Minister… Read More ›

Thai Airways to refloat on Stock Exchange in June 2025 with a renewed mission as national carrier

Thai Airways to refloat on Stock Exchange in June 2025 with a renewed mission as national carrier

October 5, 2024

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

Thai Airways plans to relist on the Stock Exchange of Thailand in June 2025, following its exit from rehabilitation. CEO Chai Eamsiri outlines ambitious expansion,… Read More ›

European Union votes to impose steep tariffs on imported Chinese cars. Germany stands to lose out

European Union votes to impose steep tariffs on imported Chinese cars. Germany stands to lose out

October 5, 2024

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

EU’s new tariffs on Chinese EVs threaten Germany’s trade ties with China. Germany’s Chancellor Olaf Scholz faces mounting pressure as his country, a major exporter,… Read More ›

Transport Minister orders report on bribery allegations in the US relating to junkets and Massage Parlours

Transport Minister orders report on bribery allegations in the US relating to junkets and Massage Parlours

October 4, 2024

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

Transport Minister Suriya Jungrungreangkit has launched an inquiry after Deere admitted to bribery and corruption in Thailand, involving cash, lavish trips, and massages for officials.… Read More ›

Google invests $1 billion in Thailand as the Pheu Thai-led government’s digital economy dream takes shape

Google invests $1 billion in Thailand as the Pheu Thai-led government’s digital economy dream takes shape

October 2, 2024

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

Google commits $1 billion to Thailand, marking its first data centre investment in the kingdom. Prime Minister Paetongtarn highlights the digital economy’s potential to reduce… Read More ›

Business debt in Thailand is now nearly as high as household debt as manufacturing faces contraction

Business debt in Thailand is now nearly as high as household debt as manufacturing faces contraction

October 1, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s economy faces a crisis as business debt soars to 87.6% of GDP, nearing household debt levels, while manufacturing contracts. Struggling firms brace for the… Read More ›

Finance Minister to meet Bank of Thailand boss. Seeks a revised inflation and interest rate policy for growth

Finance Minister to meet Bank of Thailand boss. Seeks a revised inflation and interest rate policy for growth

September 29, 2024

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

Finance Minister Pichai Chunhavajira is set to meet with Bank of Thailand Governor Sethaput Suthiwatanaruput to discuss inflation and interest rates. As the baht appreciates,… Read More ›

Exports boomed in August. Ministry of Commerce confirmed a 7% rise as the world’s economy improved

Exports boomed in August. Ministry of Commerce confirmed a 7% rise as the world’s economy improved

September 28, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s exports surged 7% in August as global markets recovered, but concerns have arisen over a stronger baht and flooding. Exporters warn the baht’s rapid… Read More ›

Markets rally on reports China’s politburo may move to reflate its troubled economy with stimulus

Markets rally on reports China’s politburo may move to reflate its troubled economy with stimulus

September 27, 2024

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

China’s plans to reflate its economy lift global markets, sparking rallies in Chinese stocks and boosting the Thai baht. However, analysts warn that without clearer… Read More ›

Strong money inflows drive baht upwards. Business leaders warn it is time for urgent central bank action

Strong money inflows drive baht upwards. Business leaders warn it is time for urgent central bank action

September 27, 2024

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

Thai baht rockets 12.5% against USD as foreign inflows surge. Business leaders urge central bank action to protect exports, tourism, and the economy from losses… Read More ›

Thailand’s most needy, parched for cash, receive some respite as Digital Wallet initiative pays out at ATMs

Thailand’s most needy, parched for cash, receive some respite as Digital Wallet initiative pays out at ATMs

September 26, 2024

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

Thailand’s Digital Wallet cash hits bank accounts as over 3 million people receive ฿10,000, offering relief to many struggling families. But reports of creditors targeting… Read More ›

Italian Industry minister calls out the madness of the European Union’s Green Deal plan on EV cars

Italian Industry minister calls out the madness of the European Union’s Green Deal plan on EV cars

September 26, 2024

Economy, Living, Personal, Thai World, Thailand:

Italy’s Industry Minister warns the EU’s Green Deal combustion engine ban threatens Europe’s automotive industry, risking mass job losses. Weak EV demand, costly vehicles, and… Read More ›

Plan to bring Grab drivers and sex workers into the tax net with a bill to be laid before parliament in months

Plan to bring Grab drivers and sex workers into the tax net with a bill to be laid before parliament in months

September 25, 2024

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

The Thai government plans to bring Grab drivers and sex workers into the tax system with a new welfare bill aiming to include freelancers in… Read More ›

2nd Trump term would spell a massive shift by the US towards protectionism. It’s called Maganomics

2nd Trump term would spell a massive shift by the US towards protectionism. It’s called Maganomics

September 24, 2024

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

Trump’s economic agenda, “Maganomics,” promises a massive protectionist shift for the U.S., risking global tensions and trade wars. Critics warn his aggressive tariffs and isolationist… Read More ›

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