Economy

Supreme Court Chief sets up panel to investigate bribery claims linked to ฿11 billion tax appeal by Toyota

Supreme Court Chief sets up panel to investigate bribery claims linked to ฿11 billion tax appeal by Toyota

June 7, 2021

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

Allegations of corruption relating to the tax case have been looked into by two leading US law firms and are being investigated by federal prosecutors.… Read More ›

IMF urges government to loosen nation’s purse strings as finances tighten with the tax take down

IMF urges government to loosen nation’s purse strings as finances tighten with the tax take down

June 5, 2021

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

Washington based monetary policy institute warns the Covid-19 virus is still the master of the economic situation as the human suffering in Thailand takes its… Read More ›

PM gives final nod to Phuket’s July 1st reopening as doubts this week had risen on the island haven

PM gives final nod to Phuket’s July 1st reopening as doubts this week had risen on the island haven

June 5, 2021

Economy, Living, Personal, Thai World, Thailand:

Top tourist industry leaders this week came out to raise the alarm claiming the government had not made the position on reopening the holiday island… Read More ›

Budget bill passed but not before Bhumjaithai Party MPs call for a walkout from the government

Budget bill passed but not before Bhumjaithai Party MPs call for a walkout from the government

June 4, 2021

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

The partisan rhetoric and criticism of the government were heightened and ratcheted up further this week with reports from social media suggesting former Prime Minister… Read More ›

Phuket has herd immunity, now it will also have international flight connectivity from July 1st

Phuket has herd immunity, now it will also have international flight connectivity from July 1st

June 2, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Flights from London, Dubai and Doha as well as key cities in Europe and Asia which will see direct flights to Phuket from July 1st… Read More ›

Failure to pass the ฿500 billion borrowing decree could lead to the dissolution of parliament

Failure to pass the ฿500 billion borrowing decree could lead to the dissolution of parliament

May 30, 2021

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

Deputy Prime Minister Wissanu Krea-ngam has taken issue with the legal strategy of a former finance minister who has filed legal proceedings with the Administrative… Read More ›

Thai Princess steps into the vaccination drive as there is positive news from officials in Phuket

Thai Princess steps into the vaccination drive as there is positive news from officials in Phuket

May 28, 2021

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

Pattaya, on Wednesday, confirmed that it is also pushing ahead with reopening to vaccinated foreigners without quarantine although the Pattaya scheme appears to have several… Read More ›

Baht to strengthen later in the year even after July as foreign tourists will return says top bank economist

Baht to strengthen later in the year even after July as foreign tourists will return says top bank economist

May 27, 2021

Economy, Personal, Politics, Thai World, Thailand:

Despite the return of growth in Thailand’s export sector with encouraging news this week reported for April, the country has run on a negative current… Read More ›

Phuket still to reopen by July 1st but key economic agency predicts a 99% wipeout in tourist arrivals

Phuket still to reopen by July 1st but key economic agency predicts a 99% wipeout in tourist arrivals

May 23, 2021

Economy, Personal, Thai World, Thailand:

Thailand’s goal of developing its domestic tourism market is only helped by its foreign tourism industry and is ultimately dependent on overall economic development and… Read More ›

Foreigners can register at local hospitals and medical facilities for a vaccine from June 7th

Foreigners can register at local hospitals and medical facilities for a vaccine from June 7th

May 22, 2021

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

The government is mobilising to speed up the vaccination drive with reports of a rising level of infection among the general population and workers. A… Read More ›

Economic picture continues to darken as cabinet approves new ฿700 billion loan to plug the gap of higher deficits

Economic picture continues to darken as cabinet approves new ฿700 billion loan to plug the gap of higher deficits

May 20, 2021

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

Baht has lost 4.8% since mid-December 2020 as the country has shown a current account negative balance since November 2020. Figures released on Monday show… Read More ›

Expats to get vaccine app as Buriram threatens jail for anyone not complying with jab rollout mission

Expats to get vaccine app as Buriram threatens jail for anyone not complying with jab rollout mission

May 18, 2021

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

Thailand experiences the largest day of infections so far as the government announces it is preparing a vaccination programme with contact facilities and communications for… Read More ›

PM denies Thai Airways will be rehabilitated as a state enterprise with new funding at this point

PM denies Thai Airways will be rehabilitated as a state enterprise with new funding at this point

May 16, 2021

Economy, Personal, Politics, Thai World, Thailand:

The PM however has left the door open for future developments by saying that the government will let the rehabilitation process play out and will… Read More ›

Thailand facing a credit crunch as 3rd virus wave craters the kingdom’s economic recovery plans

Thailand facing a credit crunch as 3rd virus wave craters the kingdom’s economic recovery plans

May 14, 2021

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

Liquidity in the banking system decreased by 70% from May 2020 to March 2021 with the latest figures from the first quarter of this year… Read More ›

Trade pact with Hong Kong as Thailand negotiates both Chinese and new western trade relationships

Trade pact with Hong Kong as Thailand negotiates both Chinese and new western trade relationships

May 12, 2021

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

The development, over the weekend, to postpone the decision on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) must be looked at both from… Read More ›

Colourful Bangkok former sex industry tycoon Chuwit told to quit sniping by an aide to the PM 

Colourful Bangkok former sex industry tycoon Chuwit told to quit sniping by an aide to the PM 

May 10, 2021

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

In April, the ever-controversial Chuwit Kamolvisit revealed he had published a report on Thailand’s prostitution industry for his Thammasat University thesis 10 years ago and… Read More ›

Thailand still plans to attract foreign tourists in the last quarter of 2021 targeting 4 million visitors

Thailand still plans to attract foreign tourists in the last quarter of 2021 targeting 4 million visitors

May 9, 2021

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

New visitor charge for all incoming travellers from 2022 will be ฿300 but will provide for automatic insurance cover for foreign tourists in Thailand, something… Read More ›

Economy’s financial position is sound says central bank boss but Thailand is dealing with a crisis

Economy’s financial position is sound says central bank boss but Thailand is dealing with a crisis

May 8, 2021

Economy, Personal, Thai World, Thailand:

The current rocky economic road could be longer than at first thought as prospects for 2021 have begun to evaporate while the government continues to… Read More ›

‘No one is safe until everyone is safe.’ Foreigners and expats on vaccine to do list says top official at ministry

‘No one is safe until everyone is safe.’ Foreigners and expats on vaccine to do list says top official at ministry

May 7, 2021

Economy, Living, Personal, Thai World, Thailand:

Both a spokesman for the Ministry of Foreign Affairs, on Wednesday, Natapanu Nopakun and the Head of the Department of Disease Control at the Ministry… Read More ›

Thai government urged to buy more vaccine doses at any cost as the only way out of a growing crisis

Thai government urged to buy more vaccine doses at any cost as the only way out of a growing crisis

May 5, 2021

Economy, Living, Personal, Thai World, Thailand:

Government’s handling of the vaccination campaign is being openly criticised for being too short-sighted and lacking ambition. One analyst has said the government can have… Read More ›