Economy

Film and creative revolution being brewed by ‘Ung Ing’ to transform Thailand’s global soft power

Film and creative revolution being brewed by ‘Ung Ing’ to transform Thailand’s global soft power

January 5, 2024

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

Ung Ing, the dynamic leader of Pheu Thai, unveils a bold plan for Thailand’s film industry transformation. Proposing a new law and creative agency, the… Read More ›

PM takes aim at the Bank of Thailand over interest rates despite Thailand’s lower borrowing costs

PM takes aim at the Bank of Thailand over interest rates despite Thailand’s lower borrowing costs

January 3, 2024

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

Prime Minister Srettha Thavisin takes a swipe at the Bank of Thailand’s 2.5% interest rate, citing potential harm to economic recovery. As Thailand begins to… Read More ›

Thailand, China forge closer ties with permanent visa-free access between both countries on March 1st 2024

Thailand, China forge closer ties with permanent visa-free access between both countries on March 1st 2024

January 2, 2024

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

Thailand & China: Historic Visa-Free pact boosts tourism and ties. PM Srettha Thavisin announces a groundbreaking move confirming permanent visa-free access between China and Thailand.… Read More ›

Social security fund faces bankruptcy in a decade if action is not taken due to the Kingdom’s acute ageing crisis

Social security fund faces bankruptcy in a decade if action is not taken due to the Kingdom’s acute ageing crisis

January 1, 2024

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

Thai Social Security Fund on the Brink: Pro-Democracy win overshadowed by looming financial crisis. Thailand’s Social Security Fund, valued at ฿2.36 trillion, faces imminent bankruptcy… Read More ›

Thai economy is stable but is being strangled by personal debt. Fixing it could see pain before any gain

Thai economy is stable but is being strangled by personal debt. Fixing it could see pain before any gain

December 29, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand shocked by a 4.71% plunge in November’s manufacturing, prompting concerns about a fading economic base. High household debt poses a significant threat despite the… Read More ›

Thailand wants to see far more US and Canadian tourists as long-haul visitors spend twice as much

Thailand wants to see far more US and Canadian tourists as long-haul visitors spend twice as much

December 28, 2023

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

Thailand aims to see more US and Canadian tourists in 2024, focusing on the long-haul market. Plans include cheaper flights, visa liberalisation and spreading the… Read More ›

Steady as she goes growth and economic stability driven by a growth in US exports is all good news

Steady as she goes growth and economic stability driven by a growth in US exports is all good news

December 27, 2023

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

Thailand’s economic outlook for 2024 and 2025 focuses on stability. Cabinet-approved budgets reflect prudent fiscal measures, projecting a deficit of ฿693 billion for 2023-2024. Despite… Read More ›

Tourist insurance plan for all visitors agreed by cabinet scotched again by top ministry officials for stop gap measure

Tourist insurance plan for all visitors agreed by cabinet scotched again by top ministry officials for stop gap measure

December 22, 2023

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

Days after a cabinet order for a universal foreign tourist insurance scheme, Minister Sudawan Wang-Suphakitkosol proposes a ministry-funded emergency claims budget instead. This reversal raises… Read More ›

Anutin reveals new low-interest loan facility for informal borrowers with a good credit rating to be offered 

Anutin reveals new low-interest loan facility for informal borrowers with a good credit rating to be offered 

December 22, 2023

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

Thai government to the rescue: Deputy PM Anutin announces low-interest loans up to ฿50,000 for good credit borrowers outside the formal system. It comes amid… Read More ›

Time for dithering on tourist insurance to stop as PM orders universal coverage for all visitors to Thailand

Time for dithering on tourist insurance to stop as PM orders universal coverage for all visitors to Thailand

December 20, 2023

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

Thailand finally ditches the long-delayed tourist levy. The PM orders universal insurance for all foreign tourists and visitors to Thailand. Will it revive confidence or… Read More ›

Watchdog body in crisis as public complaints mount over the service impacts of the True DTAC merger

Watchdog body in crisis as public complaints mount over the service impacts of the True DTAC merger

December 19, 2023

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

In the wake of the True-DTAC merger fallout, the National Broadcasting and Telecommunications Commission (NBTC) faces internal strife as public complaints surge. Move Forward’s Sirikanya… Read More ›

Government’s efforts to solve household debt take shape. ฿500 billion to be injected into the economy

Government’s efforts to solve household debt take shape. ฿500 billion to be injected into the economy

December 18, 2023

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

Government’s comprehensive plan targets informal debt. It aims to free 5 million civil servants from ‘Debt Slavery’ and inject a substantial ฿500 billion into the… Read More ›

Party in Thailand as nightlife opens until 4 am while more airport police are drafted in to meet demand

Party in Thailand as nightlife opens until 4 am while more airport police are drafted in to meet demand

December 17, 2023

Culture, Economy, Personal, Thai World, Thailand:

Thailand gears up for a vibrant holiday season with extended nightlife hours until 4 am and Suvarnabhumi Airport anticipating over 150,000 daily arrivals. Deputy Prime… Read More ›

Economy at crossroads: World Bank calls for structural reform to avert two decades of low growth

Economy at crossroads: World Bank calls for structural reform to avert two decades of low growth

December 16, 2023

Economy, Living, Personal, Thai World, Thailand:

It’s an economic SOS: The World Bank sounds the alarm! Ageing woes, private sector debt and corruption threaten 20 years of sluggish growth. Urgent structural… Read More ›

Prime Minister Srettha in Japan talking up EV investments in Thailand’s vital automotive industry

Prime Minister Srettha in Japan talking up EV investments in Thailand’s vital automotive industry

December 16, 2023

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

Thai PM working to spark EV Revolution for Thailand in Japan. Srettha woos auto giants for a brighter and green future. The extended visit is… Read More ›

Bhumjaithai and Anutin plan Thailand’s education agenda with an emphasis on national pride and ethical, civic duties 

Bhumjaithai and Anutin plan Thailand’s education agenda with an emphasis on national pride and ethical, civic duties 

December 14, 2023

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

In a bold move, Thailand’s Bhumjaithai Party shifts focus to national pride in education. However, with dismal PISA scores and debates on conservatism versus progress,… Read More ›

Prime Minister Srettha tackles employers head-on and appears to reject low-cost industrial plants

Prime Minister Srettha tackles employers head-on and appears to reject low-cost industrial plants

December 13, 2023

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

Prime Minister Srettha Thavisin sparks controversy by rejecting a proposed 2% minimum wage increase set by a tripartite committee. Defying warnings from the Federation of… Read More ›

Thailand to move away from foreign tourism and rely more on home travellers in the latest TAT masterplan

Thailand to move away from foreign tourism and rely more on home travellers in the latest TAT masterplan

December 12, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand’s tourism industry faces a 40% decline in revenues this year compared to 2019, prompting a reevaluation. A disappointing response from Chinese tourists and a… Read More ›

New self-service immigration exits twice as fast and allow for tighter incoming security checks at airport

New self-service immigration exits twice as fast and allow for tighter incoming security checks at airport

December 11, 2023

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

Suvarnabhumi Airport ushers in a travel revolution! Effective Dec 15, automatic exit lanes for foreigners. Twice as fast, it’s new from the Immigration Bureau. Passport… Read More ›

Passenger complaint turbulence as Thai Airways appears to plot sky-high Dreamliner expansion

Passenger complaint turbulence as Thai Airways appears to plot sky-high Dreamliner expansion

December 10, 2023

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

High-flying Thai Airways began the week eyeing an ambitious ฿840 billion deal for 80 Boeing Dreamliners, signalling a grand comeback from bankruptcy. Amid robust financial… Read More ›