Economy

Tourists able to stay in Thailand for up to nine months under planned new ‘Longstay’ entry visa being proposed

Tourists able to stay in Thailand for up to nine months under planned new ‘Longstay’ entry visa being proposed

August 31, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Research conducted in Phuket has shown that European visitors to the paradise island spend more. Last year, they accounted for 17% of passengers but were… Read More ›

Economy to contract by 10% as Bank of Thailand helps home borrowers facing stifled incomes save interest

Economy to contract by 10% as Bank of Thailand helps home borrowers facing stifled incomes save interest

August 30, 2020

Economy, Personal, Thai World, Thailand:

As the government pushes ahead urgently to reopen Thailand’s foreign tourism sector, the economy is also facing headwinds both domestically with economic consumption yet to… Read More ›

Australian and New Zealand tourists first to return to Phuket in the coming few weeks as a pilot run

Australian and New Zealand tourists first to return to Phuket in the coming few weeks as a pilot run

August 30, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Thai Minister of Tourism and Sports, Phiphat Ratchakitprakarn, has given assurances that the reopening of Thailand to foreign tourism is going ahead. He revealed that… Read More ›

Phuket breakthrough on foreign tourism walked back on Friday by government spokeswoman

Phuket breakthrough on foreign tourism walked back on Friday by government spokeswoman

August 29, 2020

Economy, Foreigners, More News from Thailand, Thailand:

This is despite what appeared to be support for the proposal from Prime Minister Prayut Chan ocha when asked about it by reporters in Rayong… Read More ›

Broader opening of Thailand to tourists may be on but only with robust health controls says PM

Broader opening of Thailand to tourists may be on but only with robust health controls says PM

August 27, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Prime Minister Prayut Chan ocha explains that the move to allow foreign tourists back was designed to benefit local people who work in tourism concerns… Read More ›

Facebook threatens legal action as minister forces it to block access to online anti-royalist content

Facebook threatens legal action as minister forces it to block access to online anti-royalist content

August 25, 2020

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

The spat between the government and the mighty internet giant is coming at a time of increasing political tension between the ministry and a more… Read More ›

Pragmatic economic policy aims to keep things ticking over until exports and tourism reawaken in 2021

Pragmatic economic policy aims to keep things ticking over until exports and tourism reawaken in 2021

August 24, 2020

Economy, Personal, Politics, Thai World, Thailand:

New Deputy Prime Minister with oversight of the economy has also signalled a rethink on the sort of industry Thailand is seeking for the Eastern… Read More ›

Tourism is coming back to Phuket with a wave of visitors expected from October in a surprising move

Tourism is coming back to Phuket with a wave of visitors expected from October in a surprising move

August 22, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The breakthrough may turn Phuket from a ghost town into a boomtown in October as many foreigners from around the world waiting outside Thailand’s closed… Read More ›

Business, economic experts call for less emphasis on tourism and exports with higher taxation levels at home

Business, economic experts call for less emphasis on tourism and exports with higher taxation levels at home

August 19, 2020

Economy, Personal, Politics, Thai World, Thailand:

Prime Minister Prayut Chan ocha, in an appeal for unity in the face of economic adversity last week, highlighted as a key reason for the… Read More ›

Shares slump as Bangkok court sets two hearing dates to consider Thai Airways restructuring plan in full

Shares slump as Bangkok court sets two hearing dates to consider Thai Airways restructuring plan in full

August 18, 2020

Economy, Foreigners, More News from Thailand, Thailand:

On Friday 14th August, the firm’s auditors, Deloitte Touche Tohmatsu Jaiyos, declined to sign off on the airline’s accounts to June 30th citing concerns about… Read More ›

Top doc wants a halt to all foreigners entering Thailand again warning of a 2nd virus breakout due to the influx

Top doc wants a halt to all foreigners entering Thailand again warning of a 2nd virus breakout due to the influx

August 15, 2020

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

New Economic Centre established this week and plans to be put forward by the Minister of Public Health to build a vaccine factory show Thailand… Read More ›

Official says tourists will have to wait until at least after February 2021 to return to Thailand normally

Official says tourists will have to wait until at least after February 2021 to return to Thailand normally

August 13, 2020

Economy, Personal, Thai World, Thailand:

On Wednesday, the Director-General of the Civil Aviation Authority of Thailand also told the media the ban on incoming flights and access to Thailand was… Read More ›

Expats banned and then unbanned from Bangkok Midnight Marathon as Thailand’s tourism industry crumbles

Expats banned and then unbanned from Bangkok Midnight Marathon as Thailand’s tourism industry crumbles

August 8, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The gaffe this weekend by the Bangkok Midnight Marathon can be explained by a growing fear in Thailand towards expats driven by the Covid 19… Read More ›

New cabinet lineup in Royal Gazette but economic damage now extending into parts of the property market

New cabinet lineup in Royal Gazette but economic damage now extending into parts of the property market

August 6, 2020

Economy, Personal, Politics, Thai World, Thailand:

The Thai government is heavily constrained in its ability to manage this economic challenge driven by a lengthening range of negative factors such as Covid… Read More ›

Warning signs in new banking and employment reports as virus crisis hits Thailand’s bottom line hard

Warning signs in new banking and employment reports as virus crisis hits Thailand’s bottom line hard

August 2, 2020

Economy, Living, Personal, Thai World, Thailand:

With Thailand’s foreign tourism sector closed and stasis at the top driven by virus fears, the economy’s industrial and domestic base is also being ravaged.… Read More ›

Cabinet reshuffle with six new ministers sent for the King’s approval this week by Prime Minister

Cabinet reshuffle with six new ministers sent for the King’s approval this week by Prime Minister

August 1, 2020

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

New lineup sees only two sitting Palang Pracharat MPs and one ex-MP elevated to a ministerial role. It is also coming at a time of… Read More ›

Facebook under investigation over translation blunder as minister criticises the social network

Facebook under investigation over translation blunder as minister criticises the social network

July 31, 2020

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

Minister for Digital Economy and Society, Buddhipongse Punnakanta, criticised Facebook this week for offering ‘little cooperation’ to Thai authorities in removing material requested under current… Read More ›

Lowering of US flag in Chengdu is a wake-up call for foreigners living in Thailand and with close ties here

Lowering of US flag in Chengdu is a wake-up call for foreigners living in Thailand and with close ties here

July 28, 2020

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

The escalating tensions between the US and China are now at unprecedented levels. It is time for foreigners in Thailand and those with ties to… Read More ›

June export figures show a 23% decline on last year but the economy will recover by end of 2021

June export figures show a 23% decline on last year but the economy will recover by end of 2021

July 24, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Dismal set of figures from the Ministry of Commerce on exports just adds to the economic woes facing the Prime Minister’s proposed new economic team… Read More ›

44-year-old pervert to appear on kidnapping and murder charges following street attack in Bangkok

44-year-old pervert to appear on kidnapping and murder charges following street attack in Bangkok

July 23, 2020

Economy, Politics, Thai World, Thailand:

Nadet Sitmanomai used a van he had borrowed from his employer in Samut Sakhon as an instrument of murder on 42-year-old Somkiat Kriangkraiwakin as he… Read More ›