Economy

Unit suggests that TM30 reporting be scrapped to make doing business in Thailand easier as Chambers weigh in

Unit suggests that TM30 reporting be scrapped to make doing business in Thailand easier as Chambers weigh in

August 31, 2019

Economy, Foreigners, Living, Personal, Thailand:

The TM30 reporting for foreigners living in Thailand is reported to be causing severe problems for long term expats in Thailand since March 25th this… Read More ›

Thaksin cleared in ‘Big Boss’ Krung Thai Bank loan scandal which has so far seen 19 people jailed

Thaksin cleared in ‘Big Boss’ Krung Thai Bank loan scandal which has so far seen 19 people jailed

August 31, 2019

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

The scandal has embroiled the former prime minister’s son Mr Panthongtae Shinawatra or ‘Oak’ who has denied receiving any benefit from the loans and strenuously… Read More ›

GM laying off workers at its plant at Rayong but company says it remains committed to Thailand

GM laying off workers at its plant at Rayong but company says it remains committed to Thailand

August 30, 2019

Economy, More News from Thailand, Personal, Thailand:

General Motors has its Southeast Asian headquarters in Bangkok. It ascribes the cost-cutting move to a need for efficiency in its operations in Thailand going… Read More ›

Finance minister ready to take further action to prevent the Thai economy falling into recession

Finance minister ready to take further action to prevent the Thai economy falling into recession

August 28, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The good news is that tourist figures were up in July and there was a halt to the decline of the dollar against the baht… Read More ›

Trump causes jitters in Bangkok as he signals a further deepening of the trade war with China at G7 meeting

Trump causes jitters in Bangkok as he signals a further deepening of the trade war with China at G7 meeting

August 26, 2019

Economy, Foreigners, Thai World, Thailand:

On Friday the President of the United States raised the possibility of ordering US firms and companies out of China. It has been confirmed that… Read More ›

Economy to decide the fate of Prayut’s government as opposition begins charter push

Economy to decide the fate of Prayut’s government as opposition begins charter push

August 23, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Economic observers suggest that the export contraction has been filtering into the Thai domestic economy as one Bangkok Bank report this week suggests that small… Read More ›

Tourism Minister’s plans for later nightlife hours receive a tepid response from Interior colleague

Tourism Minister’s plans for later nightlife hours receive a tepid response from Interior colleague

August 20, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Tourism minister has promised to discuss his plans with cabinet colleagues including the PM and says such a move would boost expenditure by up to… Read More ›

Thai Economic team fights back with ฿370 billion stimulus aimed at achieving 3% growth this year

Thai Economic team fights back with ฿370 billion stimulus aimed at achieving 3% growth this year

August 19, 2019

Economy, Personal, Politics, Thai World, Thailand:

As some economists talk of recession, the new government economic cabinet is hoping to launch a counter-attack on the prevailing trend in the economy this… Read More ›

Foreign Minister comes out strongly against visa waiver proposals for China and India at cabinet

Foreign Minister comes out strongly against visa waiver proposals for China and India at cabinet

August 19, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Proposals to be considered by the Thai cabinet on Tuesday. Minister draws attention to the problems of the Thai Embassy in New Delhi dealing with… Read More ›

Thailand recession fears as airline losses mount with lower tourist numbers and a strong baht

Thailand recession fears as airline losses mount with lower tourist numbers and a strong baht

August 16, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Despite a contraction in exports and perhaps because of the fall of consumer demand, the country still maintained a healthy balance of payments surplus for… Read More ›

Nation media group outlines new digital strategy as Thailand’s traditional media slumps in new era

Nation media group outlines new digital strategy as Thailand’s traditional media slumps in new era

August 15, 2019

Economy, Foreigners, Media, Thai World, Thailand:

By the end of August, 7 of Thailand’s former array of 22 TV channels in the digital spectrum will have gone dark. The Secretary-General of… Read More ›

Fury as British Embassy in Ploenchit bulldozed – sold to the Central Group for nearly ฿16 billion in record deal

Fury as British Embassy in Ploenchit bulldozed – sold to the Central Group for nearly ฿16 billion in record deal

August 14, 2019

Culture, Economy, Foreigners, Thai World, Thailand:

British Ambassador Brian Davidson highlights that the building will be rebuilt and incorporated into the new mega-mall which will give the public in Thailand access… Read More ›

Thai drug dealers go high tech with online social media accounts the key mode of distribution

Thai drug dealers go high tech with online social media accounts the key mode of distribution

August 13, 2019

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

In July, Thai police chiefs issued stern warnings to logistics and transport companies in Thailand on their role and responsibilities in combating this new and… Read More ›

Economic stimulus ready for cabinet as Thailand braves a credit squeeze and reeling economy

Economic stimulus ready for cabinet as Thailand braves a credit squeeze and reeling economy

August 10, 2019

Economy, Personal, Politics, Thai World, Thailand:

Devaluation of the Chinese Yuan last weekend opened up a new set of challenges for Thailand and may have cemented the surprise interest rate cut… Read More ›

Bank of Thailand cuts interest rates in a surprise move as ING Bank predicts a second later this year

Bank of Thailand cuts interest rates in a surprise move as ING Bank predicts a second later this year

August 7, 2019

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

Thailand’s export industry has been ravaged by the US-China trade war that is now threatening to provoke an economic setback. The move today could be… Read More ›

Senior Thai minister calls for weaker baht and a target value of ฿32 against the dollar at Bangkok forum meeting

Senior Thai minister calls for weaker baht and a target value of ฿32 against the dollar at Bangkok forum meeting

August 5, 2019

Economy, Foreigners, Media, Politics, Thai World, Thailand:

The Moodys upgrade of the Thai government’s ratings and that of Thai banks last month underlines the country’s strong fundamentals which before July’s central bank… Read More ›

US Secretary of State in Bangkok heralds closer ties with ASEAN bloc – good news for Thailand 

US Secretary of State in Bangkok heralds closer ties with ASEAN bloc – good news for Thailand 

August 2, 2019

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

Statement by US Secretary of State Mike Pompeo on China’s upriver dams on the Mekong River on Thursday and an assurance that the United States… Read More ›

Thailand’s new move to boost the birth rate and fight the negative impact of an ageing population 

Thailand’s new move to boost the birth rate and fight the negative impact of an ageing population 

August 1, 2019

Culture, Economy, Personal, Thai World, Thailand:

The prospects for Thailand if the birth rate continues to decline, are grim. The population, now growing, could fall to 62 million in thirty years.… Read More ›

PM’s first day at the Defence Ministry as he also takes on police roles. Submarines to go-ahead 

PM’s first day at the Defence Ministry as he also takes on police roles. Submarines to go-ahead 

July 30, 2019

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

Thai PM was visiting the Ministry of Defence compound on Tuesday for the first time. He took time to pay homage to a number of… Read More ›

Thai expats launch website to campaign for easier immigration reporting rules for visa holders

Thai expats launch website to campaign for easier immigration reporting rules for visa holders

July 29, 2019

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

Some foreigners and expats have been critical of the move fearing a backlash from authorities. A UK man in Bangkok said: ‘I wouldn’t put my… Read More ›