Economy

Thailand’s end game against the Covid 19 disaster goes into effect with an early vaccination programme

Thailand’s end game against the Covid 19 disaster goes into effect with an early vaccination programme

October 10, 2020

Economy, Living, Personal, Thai World, Thailand:

Nakorn Premsri, the Director of the National Vaccine Institute has warned that Thailand, because of its successful exclusion of the virus, could be in a… Read More ›

Virus impact creeps further into the financial system with a 40% drop in bank profits now projected for 2020

Virus impact creeps further into the financial system with a 40% drop in bank profits now projected for 2020

October 9, 2020

Economy, Foreigners, More News from Thailand, Thailand:

GHor Government Housing Bank has reported to the Bank of Thailand that borrowers representing ฿180 billion in advances have requested an extension of the debt… Read More ›

Chinese STV visitors now delayed until later in the month! Economic expert warns of real calamity

Chinese STV visitors now delayed until later in the month! Economic expert warns of real calamity

October 8, 2020

Economy, Foreigners, Thailand:

The move comes as millions continue to lose their jobs including those linked with the tourism, travel and the airline sector. A YouGov survey, conducted… Read More ›

Police say students have no permission to protest as army chief warns that security will be upheld

Police say students have no permission to protest as army chief warns that security will be upheld

October 7, 2020

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

General Narongphan Jitkaewtae, the newly installed army boss, asked on what basis do students presume to demand reforms when they have contributed nothing and should… Read More ›

Special Tourist Visa a fiasco as boss warns of at least 1 million jobs lost without mass tourism being reopened

Special Tourist Visa a fiasco as boss warns of at least 1 million jobs lost without mass tourism being reopened

October 5, 2020

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

It comes as, over the weekend, it became clear that a new local insurance package must also be purchased by visa applicants in addition to… Read More ›

Meeting between Ko Chang hotel and US guest arrested for defamation set to happen next week to resolve case

Meeting between Ko Chang hotel and US guest arrested for defamation set to happen next week to resolve case

October 2, 2020

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

American who spent two nights in prison following his arrest for allegedly defaming a Thai hotel on international travel review websites in what he later… Read More ›

Thailand’s new foreign tourism is limited despite the Special Tourist Visa and new Chinese arrivals

Thailand’s new foreign tourism is limited despite the Special Tourist Visa and new Chinese arrivals

October 1, 2020

Economy, Personal, Thai World, Thailand:

Very little progress in reopening Thailand to tourism despite the fanfare surrounding new initiatives. As Thailand extended its State of Emergency this week until October… Read More ›

New army chief takes the helm this week amid growing tensions and rising public apathy toward politics 

New army chief takes the helm this week amid growing tensions and rising public apathy toward politics 

September 30, 2020

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

New army leader is understood to have been handpicked by the King and comes from a modest, non-elite background. General Narongphan Jitkaewtae is known for… Read More ›

Visa amnesty to be retrospectively extended to October 31st says top Immigration Bureau officer

Visa amnesty to be retrospectively extended to October 31st says top Immigration Bureau officer

September 28, 2020

Economy, Living, Personal, Thai World, Thailand:

The news comes as it is estimated that thousands of foreigners departed Thailand last week to comply with the deadline. It is being reported that… Read More ›

Glimmer of hope for the ailing Thai economy as exports and business registrations decline slows

Glimmer of hope for the ailing Thai economy as exports and business registrations decline slows

September 27, 2020

Economy, Personal, Politics, Thai World, Thailand:

New ฿100 billion stimulus package will not require extra borrowing as the government still maintains a prudent fiscal approach with a growing emphasis on restarting… Read More ›

American waging a campaign against a Ko Chang hotel shocked as police arrest and jail him for defamation

American waging a campaign against a Ko Chang hotel shocked as police arrest and jail him for defamation

September 27, 2020

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

The guest from hell: The case raises serious questions about the use of international review sites for bullying and malicious activity as well as Thailand’s… Read More ›

PM calls for global unity in the face of the virus in marked contrast to US President Trump’s speech at the UN

PM calls for global unity in the face of the virus in marked contrast to US President Trump’s speech at the UN

September 26, 2020

Economy, Personal, Politics, Thai World, Thailand:

On Friday, the Thai Prime Minister gave his full backing to the United Nations and the multilateral framework of cooperation between countries as the way… Read More ›

Rejigged Thailand Elite card seen as a key tool in promoting the country as an oasis for the wealthy to flock to

Rejigged Thailand Elite card seen as a key tool in promoting the country as an oasis for the wealthy to flock to

September 25, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The Thai government appears to be doubling down on pursuing its quality not quantity approach towards foreign tourism which is now being extended into the… Read More ›

Central, Robinson department stores in expansion mode showing 2020 economy is not all bad news

Central, Robinson department stores in expansion mode showing 2020 economy is not all bad news

September 24, 2020

Economy, Living, Personal, Thai World, Thailand:

New winning strategy combining online and retail platforms unveiled by the Central and Robinson department store chain which is to accelerate expansion in Thailand despite… Read More ›

Time up for some long-stay business owners as immigration warns of arrests after Saturday’s deadline

Time up for some long-stay business owners as immigration warns of arrests after Saturday’s deadline

September 22, 2020

Economy, Living, Personal, Thai World, Thailand:

Particular problems associated with long-stay Non-Immigrant B visa holders under the present extraordinary conditions are being identified as the closure of the kingdom’s borders has… Read More ›

Fear and confusion in Thailand’s tourism industry as near-bankrupt hotels decline foreign tourists

Fear and confusion in Thailand’s tourism industry as near-bankrupt hotels decline foreign tourists

September 21, 2020

Economy, Personal, Thai World, Thailand:

Several initiatives including the ‘Phuket Model’ and only last week, a 9-month long-stay visa for foreign tourists, have been announced but nothing is yet finalised.… Read More ›

Thaksin poses a question to those in power on the same day he was removed from office in 2006

Thaksin poses a question to those in power on the same day he was removed from office in 2006

September 20, 2020

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

The former Thai Prime Minister who won two elections and presided over a period of unprecedented growth in the kingdom, on Saturday, noted that he… Read More ›

Western foreigners being blamed by ultra-right for this latest wave of radical student protests in Thailand

Western foreigners being blamed by ultra-right for this latest wave of radical student protests in Thailand

September 19, 2020

Economy, Living, Personal, Thai World, Thailand:

Well over 10,000 police officers have been mobilised to control the situation with reserve forces of anti-riot police and military units on standby in case… Read More ›

Closed Thailand giving handouts to millions while Sweden welcomes tourists with falling infections

Closed Thailand giving handouts to millions while Sweden welcomes tourists with falling infections

September 18, 2020

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

The Eurozone area is expected to contract by 7.9% this year as Asia will see its first economic decline since the 1960s. Thailand is emerging… Read More ›

Bangkok condo industry leader calls urgently for government help as Chinese buyers have disappeared 

Bangkok condo industry leader calls urgently for government help as Chinese buyers have disappeared 

September 16, 2020

Economy, Personal, Thai World, Thailand:

The situation in the Bangkok condo market is still not clear but the absence of Chinese visitors, who enter the country as tourists, has had… Read More ›