Economy

Thailand’s online VAT tax ready to fall on online US giants as the OECD calls for a global solution

Thailand’s online VAT tax ready to fall on online US giants as the OECD calls for a global solution

February 12, 2021

Economy, Media, Personal, Thai World, Thailand:

France faced the threat of retaliatory tariffs placed on its wine by the US over its digital tax under Trump but the current US President… Read More ›

Phuket’s plan to self vaccinate on hold as Interior Ministry orders private sector out of vaccine deals

Phuket’s plan to self vaccinate on hold as Interior Ministry orders private sector out of vaccine deals

February 11, 2021

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

On Tuesday, the Minister of Public Health Anutin Charnvirakul made it clear that no vaccine firm will deal with either local authorities or business interests… Read More ›

Thai Airways seeking business rehabilitation plan that has the unanimous support of it’s creditors

Thai Airways seeking business rehabilitation plan that has the unanimous support of it’s creditors

February 9, 2021

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

Thailand’s Deputy Prime Minister Wissanu Krea-ngam has oversight of a government committee monitoring the progress of the board of Thai Airways International as it seeks… Read More ›

Small bomb devices explode outside the Myanmar embassy in Bangkok as anti-coup protests grow in Yangon

Small bomb devices explode outside the Myanmar embassy in Bangkok as anti-coup protests grow in Yangon

February 9, 2021

Economy, Personal, Politics, Thai World, Thailand:

Bomb blast in Bangkok comes as the military in Myanmar work to embed their position amid growing resistance on the streets but also desperate calls… Read More ›

Top Thai official says vaccine passports are legally a matter for the WHO under international law

Top Thai official says vaccine passports are legally a matter for the WHO under international law

February 8, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Pragmatic assessment by the man tasked with fighting Covid-19 in Thailand as he emphasised the significance of the World Health Organisation in reopening global borders… Read More ›

Drinks giant Thai Beverage to resume expansion with Singapore IPO for Asean regional beer operation

Drinks giant Thai Beverage to resume expansion with Singapore IPO for Asean regional beer operation

February 7, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Latest move sees the huge Thai drinks conglomerate move to power faster and deeper expansion in ASEAN and Southeast Asia to tap into a growing… Read More ›

Refloat of foreign tourism in the 2nd half of 2021 with vaccines pushed by minister and industry for the sector

Refloat of foreign tourism in the 2nd half of 2021 with vaccines pushed by minister and industry for the sector

February 7, 2021

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

Determined plan being pushed by the Phuket Tourist Association on the holiday island to vaccinate 70% of the population itself using the Sinovac vaccine from… Read More ›

Super startup Bitkub suffers another setback with SEC order barring it from opening new accounts

Super startup Bitkub suffers another setback with SEC order barring it from opening new accounts

February 6, 2021

Economy, Media, Personal, Thai World, Thailand:

The firm, led by dynamic CEO Jirayut Srupsrisopa, expanded by 1000% in 2020 and another 1000% in the opening weeks of 2021 reaching trading volumes… Read More ›

Baht losing against the dollar as vaccination success hopes in the United States grow stronger

Baht losing against the dollar as vaccination success hopes in the United States grow stronger

February 5, 2021

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

There may soon be even more pressure on the Thai government to push for a speedier vaccine drive. So far, the government of Prayut Chan… Read More ›

Public Health minister suggests the kingdom’s vaccination plans are not tied to vaccine production here

Public Health minister suggests the kingdom’s vaccination plans are not tied to vaccine production here

February 5, 2021

Economy, Personal, Politics, Thai World, Thailand:

Change of tack: the comments by the Deputy Prime Minister had a different emphasis from those of Dr Sophon Mekthon, the Chairman of the vaccination… Read More ›

Key bank committee votes to keep interest rates steady but warns of economic risks short-term

Key bank committee votes to keep interest rates steady but warns of economic risks short-term

February 4, 2021

Economy, Foreigners, More News from Thailand, Thailand:

A top official with Standard Chartered Bank in Thailand agreed there was no need to move on interest rates now but felt it may still… Read More ›

Top boss Heinecke: vaccines the ‘single ray of hope’ for the country’s battered tourism sector

Top boss Heinecke: vaccines the ‘single ray of hope’ for the country’s battered tourism sector

February 3, 2021

Economy, Foreigners, More News from Thailand, Thailand:

In a two page letter sent to the Prime Minister’s Office in Bangkok last Thursday, the American-born businessman, one of the kingdom’s most successful executives,… Read More ›

US and UK show a way to end vaccine nightmare says top doctor urging vaccination for ‘herd immunity’

US and UK show a way to end vaccine nightmare says top doctor urging vaccination for ‘herd immunity’

February 3, 2021

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

Thailand now appears ready to go all-in on a vaccine programme while the AstraZeneca vaccine still remains the only approved jab. This week, the Chairman… Read More ›

Minister positive about the kingdom’s finances and economy as it weathers the Covid-19 storm

Minister positive about the kingdom’s finances and economy as it weathers the Covid-19 storm

February 1, 2021

Economy, Personal, Politics, Thai World, Thailand:

Underlying figures for the economy in December 2020 were quite positive and showed recovering economic momentum despite the setback of the 2nd wave which hit… Read More ›

Military coup in Myanmar. Aung San Suu Kyi held with scores of leading political figures arrested by troops 

Military coup in Myanmar. Aung San Suu Kyi held with scores of leading political figures arrested by troops 

February 1, 2021

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

The United States, through White House spokesperson Jen Psaki, has issued a stern warning to the coup makers saying it will ‘take action’ unless civilian… Read More ›

Thanathorn ordered by a court to erase vaccine comments online as a danger to national security

Thanathorn ordered by a court to erase vaccine comments online as a danger to national security

February 1, 2021

Economy, Personal, Politics, Thai World, Thailand:

The latest move against Thanathorn Juangroongruangkit highlights the critical and sensitive nature of the country’s vaccination programme, at this time, as well as ongoing concern… Read More ›

Covid-19 vaccination plan to proceed in February although timescales are have not been made clear yet

Covid-19 vaccination plan to proceed in February although timescales are have not been made clear yet

January 31, 2021

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

Polls on Sunday show the public is sceptical. 83% are worried about the potential side effects. Uncertainty also abounds about the timeline to complete the… Read More ›

Call from Washington hints at a bigger role in US foreign policy plans in the Asia Pacific region

Call from Washington hints at a bigger role in US foreign policy plans in the Asia Pacific region

January 31, 2021

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

Deputy Prime Minister Don Pramudwinai is confident of an improved US Thai relationship after a phone conversation last Thursday with newly confirmed Secretary of State… Read More ›

Go-ahead – stranded foreign tourists to stay until May 30th with new visa order signed by Immigration Chief

Go-ahead – stranded foreign tourists to stay until May 30th with new visa order signed by Immigration Chief

January 30, 2021

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

Flexible approach from the Immigration Bureau will be welcomed by foreign tourists still here since before April 2020. However, the need to be circumspect and… Read More ›

฿4,000 payouts for social security workers in the private sector being worked on by the government

฿4,000 payouts for social security workers in the private sector being worked on by the government

January 29, 2021

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

The scheme is backed by the Prime Minister Prayut Chan ocha who has expressed concern for 11 million workers, many working in hotels in the… Read More ›