Economy

RCEP deal agreed as India opts out – busy Bangkok ASEAN summit concludes on a low key

RCEP deal agreed as India opts out – busy Bangkok ASEAN summit concludes on a low key

November 5, 2019

Economy, More News from Thailand, Thai World, Thailand:

The decisive move by Indian PM Narendra Modi to withdraw India from the RCEP trade pact now clears the way for it to be signed… Read More ›

Internet health threat to people in Thailand and one which society must now prepare for

Internet health threat to people in Thailand and one which society must now prepare for

November 5, 2019

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

47 million Thai people are now regular Internet users in Thailand with an average usage of 5 hours and 13 minutes every day. This has… Read More ›

UN Secretary-General warns of a fractured world at the ASEAN summit over US-China split

UN Secretary-General warns of a fractured world at the ASEAN summit over US-China split

November 3, 2019

Economy, Foreigners, Personal, Thailand:

Philippines President urged ASEAN leaders not to choose sides between the US and China and to steer an independent course. He spoke of the rise… Read More ›

Biggest free trade pact in the world being readied for launch at the ASEAN summit on Monday

Biggest free trade pact in the world being readied for launch at the ASEAN summit on Monday

November 2, 2019

Economy, Personal, Thai World, Thailand:

At a sideline meeting this weekend, the Malaysian Prime Minister Mahathir Bin Mohamad was in no doubt that the ASEAN bloc was now being targeted… Read More ›

‘Real’ farmers reject ministry’s ‘organic’ vision as they seek injunctive relief in court

‘Real’ farmers reject ministry’s ‘organic’ vision as they seek injunctive relief in court

November 1, 2019

Economy, Personal, Politics, Thai World, Thailand:

Former senior Ministry of Agriculture official gives evidence to the court to support the injunction and suggests that farmers may later be forced to take… Read More ›

US coming to the ASEAN summit to talk business and trade as India threatens historic pact 

US coming to the ASEAN summit to talk business and trade as India threatens historic pact 

October 31, 2019

Economy, Foreigners, More News from Thailand, Thailand:

Thailand’s Commerce Minister has been reported as upbeat and hopeful for a historic breakthrough being announced at the summit on the launch of the Regional… Read More ›

PM readies his team to tackle the US withdrawal of Thailand’s preferred partner status

PM readies his team to tackle the US withdrawal of Thailand’s preferred partner status

October 30, 2019

Economy, Foreigners, More News from Thailand, Thailand:

Moves to deal with the new threat to Thailand’s already depressed export performance come as the Chairman of Bangkok Bank expresses concern about the impact… Read More ›

US suspension of Thai preferential trade partner status part of Trump’s ongoing trade war

US suspension of Thai preferential trade partner status part of Trump’s ongoing trade war

October 28, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The Chairman of the Thai Chamber of Commerce, Kalin Sarasin, called on the government on Monday to urgently begin negotiations with the United States over… Read More ›

Shock removal of US duty-free status on Thai exports may be linked to the pesticide ban – Trumpian diplomacy

Shock removal of US duty-free status on Thai exports may be linked to the pesticide ban – Trumpian diplomacy

October 27, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The Thai government stance on the pesticide ban has drawn support from many quarters in Thailand. The ban is seen by many as a health… Read More ›

Chemical pesticide ban will have a severe economic impact on Thailand say US officials who asked for delay

Chemical pesticide ban will have a severe economic impact on Thailand say US officials who asked for delay

October 25, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

A series of letters have emerged detailing a vigorous and comprehensive campaign by the US Department of Agriculture and embassy officials to alert the Thai… Read More ›

Thai Airways in peril – boss tells executives there is ‘not much time’ to save the airline from closure 

Thai Airways in peril – boss tells executives there is ‘not much time’ to save the airline from closure 

October 23, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

The airline has confirmed it is reviewing every aspect of its operations including all routes as it scrambles to stem unsustainable losses with a viability… Read More ›

Banks report strong profits in the 3rd quarter pointing to a healthy underlying economy and bank sector

Banks report strong profits in the 3rd quarter pointing to a healthy underlying economy and bank sector

October 20, 2019

Economy, Foreigners, Thai World, Thailand:

The data from the banks and commentary back up the statement of the Bank of Thailand boss this month who said that despite the economic… Read More ›

Farmers pesticide ban may have repercussions for PM either way ahead of the crunch decision

Farmers pesticide ban may have repercussions for PM either way ahead of the crunch decision

October 19, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

A policy research expert from the Thailand Development Research Institute has said that government policy should be made on sound economic and scientific grounds, not… Read More ›

Summit being targeted to announce world’s biggest trade pact with Thailand at the helm

Summit being targeted to announce world’s biggest trade pact with Thailand at the helm

October 17, 2019

Economy, Foreigners, Politics, Thai World, Thailand:

Veteran 63-year-old minister is coordinating negotiations between the 16 member states that are party to the huge economic partnership. He is working towards an official… Read More ›

Digital assets wizard with an energy and tech vision that the country needs to make Thailand 4.0 work

Digital assets wizard with an energy and tech vision that the country needs to make Thailand 4.0 work

October 15, 2019

Economy, Foreigners, PR News, Thai World, Thailand:

He has no time for a social life and he spends 7 nights a week speaking with audiences who pay him to hear about the… Read More ›

New app for expats in Thailand to be called ‘OSS Foreigner’ – Immigration reporting to be quick and easy

New app for expats in Thailand to be called ‘OSS Foreigner’ – Immigration reporting to be quick and easy

October 12, 2019

Economy, Foreigners, Thai World, Thailand:

Kobsak Pootrakool said on Wednesday that foreigners can use the app for all immigration reporting. Simply keying in data and uploading a selfie will be… Read More ›

Thailand economic prospects are dimming fast even as global agencies talk about its strength

Thailand economic prospects are dimming fast even as global agencies talk about its strength

October 11, 2019

Economy, Foreigners, More News from Thailand, Thai World, Thailand:

Growth rates slashed again as Thailand looks unlikely to hit 3% growth this year while its neighbouring economies are growing at figures in excess of… Read More ›

Thailand’s tax collectors facing falling income are readying to pounce on the internet next year

Thailand’s tax collectors facing falling income are readying to pounce on the internet next year

October 9, 2019

Economy, Foreigners, More News from Thailand, Thailand:

Finance Minister Uttama Savanayana talked about a ‘widening’ of the tax base in August. In reality, it appears to amount to a raid on the… Read More ›

Central bank boss plans to loosen capital controls and decide on broader lending curbs by year’s end

Central bank boss plans to loosen capital controls and decide on broader lending curbs by year’s end

October 7, 2019

Economy, Foreigners, Thai World, Thailand:

The director in charge of financial institutions at the Bank of Thailand has also revealed that Thai banks are more than ready to comply with… Read More ›

Deputy Transport Minister calls talks with Thai Airways, seeks new business plan in 3 months

Deputy Transport Minister calls talks with Thai Airways, seeks new business plan in 3 months

October 4, 2019

Economy, Foreigners, Thai World, Thailand:

Thailand’s Depuy Minister Thaworn Senniam said this week that he feared that Thai Airways may be flying into a ฿10 billion loss this year and… Read More ›