Economy

Opposition targets Test and Go for spreading the virus as government insists on endemic status 

Opposition targets Test and Go for spreading the virus as government insists on endemic status 

February 15, 2022

Economy, Personal, Politics, Thai World, Thailand:

Minister of Tourism and Sports Phiphat Ratchakitprakarn has also announced the postponement of the foreign tourist levy from April to June although the plans to… Read More ›

Bank of Thailand intervenes with PayPal snared in yet another regulatory tangle in the kingdom

Bank of Thailand intervenes with PayPal snared in yet another regulatory tangle in the kingdom

February 12, 2022

Economy, Living, Personal, Thai World, Thailand:

The popular payment platform is in crisis mode in Thailand as it scrambles to meet demanding regulatory requirements and pursue a relaunch of its service… Read More ›

Inflation forces expected to recede in 2022 with a final annual figure projected at under 2.5%

Inflation forces expected to recede in 2022 with a final annual figure projected at under 2.5%

February 5, 2022

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

A need to raise interest rates in the United States, coming at a time when Thailand’s economy is short on liquidity with a record level… Read More ›

Wealthy foreigners to own small landholdings associated with homes here agreed in principle

Wealthy foreigners to own small landholdings associated with homes here agreed in principle

February 1, 2022

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

This important step is part of a wider programme to attract more foreigners to Thailand to live. However, the government is also determined that these… Read More ›

China’s Belt and Road now knocks on Thailand’s door to the north but is the kingdom on board?

China’s Belt and Road now knocks on Thailand’s door to the north but is the kingdom on board?

January 27, 2022

Economy, Personal, Thai World, Thailand:

The high-speed rail link for which a contract was signed between the State Railway of Thailand and four Chinese firms on March 29th 2021 is… Read More ›

Prayut visits Saudi Arabia to meet kingdom’s de facto ruler Crown Prince Mohammad bin Salman

Prayut visits Saudi Arabia to meet kingdom’s de facto ruler Crown Prince Mohammad bin Salman

January 24, 2022

Economy, Personal, Politics, Thai World, Thailand:

Cabinet meeting held early this week as PM’s impromptu visit to Saudi Arabia was announced by Government House officials on Sunday. The visit by Thailand’s… Read More ›

Party leader: Thailand could be losing trillions of baht each year because of its highly restrictive gambling laws

Party leader: Thailand could be losing trillions of baht each year because of its highly restrictive gambling laws

January 21, 2022

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

In the last week, Mr Chutchawan Kong-u-dom has highlighted the economic imperative of liberalising Thailand’s gambling laws dominated by the 1935 Gambling Act to allow… Read More ›

Test and Go ready for take off again but this time with added baggage including a second PCR test

Test and Go ready for take off again but this time with added baggage including a second PCR test

January 20, 2022

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

News that Ministry of Public Health officials including Minster Anutin Charnvirakul supported the move to restart ‘Test and Go’ this week sparked speculation in the… Read More ›

First Omicron death as opinion poll results show public in favour of strong public health measures

First Omicron death as opinion poll results show public in favour of strong public health measures

January 17, 2022

Economy, Foreigners, More News from Thailand, Thailand:

Opinion poll shows the public still supports strict public health regulation and screening of incoming foreign tourists. It comes as the Ministry of Public Health… Read More ›

PM orders a re-evaluation of the balance between public health and economy as Omicron fears ease

PM orders a re-evaluation of the balance between public health and economy as Omicron fears ease

January 15, 2022

Economy, Personal, Thai World, Thailand:

There are signals that the doors to foreign tourism may be reopened again in the coming weeks if not then in the second quarter as… Read More ›

By-election polls amid a weak economy and rising food prices may mean a 2023 General Election

By-election polls amid a weak economy and rising food prices may mean a 2023 General Election

January 14, 2022

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

The contest between the Democrat Party, Thailand’s oldest and the relatively new Palang Pracharat Party in the southern provinces of Chumphon and Songkhla, both working… Read More ›

Pandemic drawing to a close, senior public health official says growing Omicron strain is harmless

Pandemic drawing to a close, senior public health official says growing Omicron strain is harmless

January 11, 2022

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

The speed at which Omicron is spreading as well as its more benign clinical outcomes could be the game-changer that brings an end to this… Read More ›

GDP fall for Thailand’s flagship Eastern Economic Corridor project since the COVID-19 crisis began

GDP fall for Thailand’s flagship Eastern Economic Corridor project since the COVID-19 crisis began

January 10, 2022

Economy, Personal, Politics, Thai World, Thailand:

The Eastern Economic Corridor (EEC) is a project conceived and launched by a law pushed by the junta government from 2016 to 2018. It is… Read More ›

Top official describes the popular ‘Test and Go’ entry as a loophole exposing Thailand to Omicron

Top official describes the popular ‘Test and Go’ entry as a loophole exposing Thailand to Omicron

January 8, 2022

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

The Centre for Covid-19 Situation Administration (CCSA) on Friday did not go as far as public health officials had demanded by banning alcohol sales nationwide.… Read More ›

Tourism business owners think the unthinkable, the Omicron storm may bring with it good news over time

Tourism business owners think the unthinkable, the Omicron storm may bring with it good news over time

January 6, 2022

Economy, Living, Personal, Thai World, Thailand:

The ‘Test and Go’ entry regime was not even given a hearing this week as senior public health officials simply dismissed the prospect of reviewing… Read More ›

Air force seeks eight F35 fighter jets at a time when Thailand’s defence budget finds itself at a low ebb

Air force seeks eight F35 fighter jets at a time when Thailand’s defence budget finds itself at a low ebb

January 4, 2022

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

Thailand’s military defence expenditure has not been above the NATO recommended level of 2% of GDP since 1997, the year of the Asian Financial Crisis.… Read More ›

Thai vaccine certs accepted in Europe as Omicron offers glimmers of hope for a virus fatigued world

Thai vaccine certs accepted in Europe as Omicron offers glimmers of hope for a virus fatigued world

December 26, 2021

Economy, Living, Personal, Thai World, Thailand:

Public health officials are currently scrambling to control an emerging cluster in Kalasin caused by a returned couple from Belgium who travelled extensively in Kalasin… Read More ›

Thailand’s economy awaits the fallout from the Omicron surge as projections for 2022 take a dive

Thailand’s economy awaits the fallout from the Omicron surge as projections for 2022 take a dive

December 24, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Bank of Thailand suggests only minimal growth this year with a reduced 3.4% growth rate in 2022. Currently, there are fears that Omicron may impede… Read More ›

Minister suggests that ‘Test and Go’ now paused entry regime may be restarted in the New Year

Minister suggests that ‘Test and Go’ now paused entry regime may be restarted in the New Year

December 21, 2021

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

Mixed signals from Minister of Public Health Anutin Charnvirakul and the Director of the Centre for Covid-19 Situation Administration (CCSA) General Supoj Malaniyom on Tuesday… Read More ›

Omicron nightmare for already troubled tourism sector: plan to suspend ‘Test and Go’ entry route

Omicron nightmare for already troubled tourism sector: plan to suspend ‘Test and Go’ entry route

December 20, 2021

Economy, Living, Personal, Thai World, Thailand:

Shock development will upend the recovery of the foreign tourism sector which only this week saw some life being breathed into foreign tourist hotspots such… Read More ›