Economy

Paetongtarn’s government set to tackle the evil of chronic debt in Thailand as the tide still rises

Paetongtarn’s government set to tackle the evil of chronic debt in Thailand as the tide still rises

October 21, 2024

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

DEBT CRISIS: Heartbreak in Thailand. A young husband mourns his wife’s tragic suicide, highlighting the nation’s crippling household debt. As PM Paetongtarn pledges action, informal… Read More ›

Acute political instability ahead as Pheu Thai faces a dangerous test of survival as storm grows in force

Acute political instability ahead as Pheu Thai faces a dangerous test of survival as storm grows in force

October 19, 2024

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

Pheu Thai Party and indeed the government are in turmoil as the Election Commission launches an investigation into its alleged links to Thaksin Shinawatra. Amid… Read More ›

PM Paetongtarn channels that old Shinawatra grassroots magic to push the sluggish Thai economy forward

PM Paetongtarn channels that old Shinawatra grassroots magic to push the sluggish Thai economy forward

October 17, 2024

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

Prime Minister Paetongtarn Shinawatra revives grassroots support to boost Thailand’s sluggish economy. The new initiative focuses on helping small businesses through reduced costs and increased… Read More ›

Muted inflation and a stronger baht key drivers of Wednesday’s shock interest rate cut by the Bank of Thailand

Muted inflation and a stronger baht key drivers of Wednesday’s shock interest rate cut by the Bank of Thailand

October 16, 2024

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

Bank of Thailand cuts interest rates by 25 basis points in a surprise move. Stronger baht and muted inflation are thought to be key factors… Read More ›

Thailand is studying a Negative Income Tax (NIT) scheme to involve all adults in the country’s ageing economy

Thailand is studying a Negative Income Tax (NIT) scheme to involve all adults in the country’s ageing economy

October 15, 2024

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

Thailand’s government is urgently studying a negative income tax (NIT) plan to include all adults in the economy, addressing an ageing society and a widespread… Read More ›

Labour Minister Phiphat wants to offer ฿3k per child for 7 years to boost the country’s declining workforce

Labour Minister Phiphat wants to offer ฿3k per child for 7 years to boost the country’s declining workforce

October 14, 2024

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

Thailand’s Labour Minister proposes ฿3,000 per month per child for seven years to boost the workforce and counter demographic decline. With falling birth rates and… Read More ›

Anxiety in tourism sector after a difficult third quarter. However, hopes still high for a good year

Anxiety in tourism sector after a difficult third quarter. However, hopes still high for a good year

October 13, 2024

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

Thailand’s tourism sector was hit by declines in Q3 due to a weak economy, flooding, and global tensions. Hopes remain for a recovery in Q4,… Read More ›

Trump reaches out to US expats in Thailand to help win the election. No double taxation pledge

Trump reaches out to US expats in Thailand to help win the election. No double taxation pledge

October 11, 2024

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

Trump promises to end double taxation for expats in Thailand, aiming to win their support in the election. With 100,000 Americans living there, his pledge… Read More ›

Chinese EV industry in Thailand faces a crisis. It is demanding an urgent hearing from the government on its promotions

Chinese EV industry in Thailand faces a crisis. It is demanding an urgent hearing from the government on its promotions

October 9, 2024

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

Chinese-owned EV manufacturers in Thailand face a crisis with a surplus of unsold cars. They demand urgent government intervention. Failure to meet production quotas could… Read More ›

Central secures Saudi wealth fund as 40% minority partner in luxury Selfridges department store chain

Central secures Saudi wealth fund as 40% minority partner in luxury Selfridges department store chain

October 9, 2024

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

Central Group partners with the Saudi wealth fund which has secured a 40% stake in Selfridges. The luxury retailer operates 18 stores, including London’s iconic… Read More ›

Economy growing as Central Bank and Finance see eye to eye. However the threat of political instability is also

Economy growing as Central Bank and Finance see eye to eye. However the threat of political instability is also

October 8, 2024

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

Central Bank and Finance Ministry seek a unified stance on rising inflation, projected at 1.49%. However, political instability looms as Deputy Prime Minister Pichai pushes… Read More ›

Thai firms call for urgent and robust action on cheap Chinese imports as manufacturing shrinks

Thai firms call for urgent and robust action on cheap Chinese imports as manufacturing shrinks

October 7, 2024

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

Business leaders are alarmed at the government’s inaction on cheap Chinese imports, fearing a lack of commitment after a recent meeting between the Commerce Minister… Read More ›

Thai Airways to refloat on Stock Exchange in June 2025 with a renewed mission as national carrier

Thai Airways to refloat on Stock Exchange in June 2025 with a renewed mission as national carrier

October 5, 2024

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

Thai Airways plans to relist on the Stock Exchange of Thailand in June 2025, following its exit from rehabilitation. CEO Chai Eamsiri outlines ambitious expansion,… Read More ›

European Union votes to impose steep tariffs on imported Chinese cars. Germany stands to lose out

European Union votes to impose steep tariffs on imported Chinese cars. Germany stands to lose out

October 5, 2024

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

EU’s new tariffs on Chinese EVs threaten Germany’s trade ties with China. Germany’s Chancellor Olaf Scholz faces mounting pressure as his country, a major exporter,… Read More ›

Transport Minister orders report on bribery allegations in the US relating to junkets and Massage Parlours

Transport Minister orders report on bribery allegations in the US relating to junkets and Massage Parlours

October 4, 2024

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

Transport Minister Suriya Jungrungreangkit has launched an inquiry after Deere admitted to bribery and corruption in Thailand, involving cash, lavish trips, and massages for officials.… Read More ›

Google invests $1 billion in Thailand as the Pheu Thai-led government’s digital economy dream takes shape

Google invests $1 billion in Thailand as the Pheu Thai-led government’s digital economy dream takes shape

October 2, 2024

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

Google commits $1 billion to Thailand, marking its first data centre investment in the kingdom. Prime Minister Paetongtarn highlights the digital economy’s potential to reduce… Read More ›

Business debt in Thailand is now nearly as high as household debt as manufacturing faces contraction

Business debt in Thailand is now nearly as high as household debt as manufacturing faces contraction

October 1, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s economy faces a crisis as business debt soars to 87.6% of GDP, nearing household debt levels, while manufacturing contracts. Struggling firms brace for the… Read More ›

Finance Minister to meet Bank of Thailand boss. Seeks a revised inflation and interest rate policy for growth

Finance Minister to meet Bank of Thailand boss. Seeks a revised inflation and interest rate policy for growth

September 29, 2024

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

Finance Minister Pichai Chunhavajira is set to meet with Bank of Thailand Governor Sethaput Suthiwatanaruput to discuss inflation and interest rates. As the baht appreciates,… Read More ›

Exports boomed in August. Ministry of Commerce confirmed a 7% rise as the world’s economy improved

Exports boomed in August. Ministry of Commerce confirmed a 7% rise as the world’s economy improved

September 28, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s exports surged 7% in August as global markets recovered, but concerns have arisen over a stronger baht and flooding. Exporters warn the baht’s rapid… Read More ›

Markets rally on reports China’s politburo may move to reflate its troubled economy with stimulus

Markets rally on reports China’s politburo may move to reflate its troubled economy with stimulus

September 27, 2024

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

China’s plans to reflate its economy lift global markets, sparking rallies in Chinese stocks and boosting the Thai baht. However, analysts warn that without clearer… Read More ›

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