Economy

Thailand and Japan announce defence pact on visit by Japanese PM to Bangkok ahead of US summit

Thailand and Japan announce defence pact on visit by Japanese PM to Bangkok ahead of US summit

May 3, 2022

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

Western powers are moving to counter China’s expansionism in the region with the Quad pact in 2017 and the AUKUS military alliance between the United… Read More ›

Shark attack leaves 8-year-old with leg wound in Phuket but beaches declared safe by marine expert

Shark attack leaves 8-year-old with leg wound in Phuket but beaches declared safe by marine expert

May 2, 2022

Economy, Living, Personal, Thai World, Thailand:

The attack comes as Thai authorities are battling to prop up the shark numbers off the kingdom’s coasts with a falling population and birth rate.… Read More ›

Cash is still king in Thailand with a cashless society not on the cards anytime soon says study

Cash is still king in Thailand with a cashless society not on the cards anytime soon says study

May 1, 2022

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

It had been thought that with high smartphone penetration among the population and the widespread use of digital apps for payments during the pandemic, a… Read More ›

Proposal to scrap Thailand Pass from June 1st as Thailand seeks tourism-driven economic growth 

Proposal to scrap Thailand Pass from June 1st as Thailand seeks tourism-driven economic growth 

April 28, 2022

Economy, Personal, Thai World, Thailand:

The economy is very much depending on a stronger performance this year by the foreign tourism industry. The proposal to scrap the Thailand Pass regime… Read More ›

Anutin may agree to abolish Thailand Pass but wants all foreign tourists to have booster shots for easy access

Anutin may agree to abolish Thailand Pass but wants all foreign tourists to have booster shots for easy access

April 27, 2022

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

Calls for a wider reopening are coming at a time when Thai political parties are gearing up for a General Election likely to be called… Read More ›

Thailand Pass stalling visitors who wish to travel after May 1st as industry wants the app scrapped

Thailand Pass stalling visitors who wish to travel after May 1st as industry wants the app scrapped

April 26, 2022

Economy, Personal, Thai World, Thailand:

More foreign tourists are part of the answer for Thailand’s still challenged economy. Figures released by the government show falling unemployment in line with rising… Read More ›

Good economic news, test now is how to emerge from stagflation with large price shock looming as inflation rises

Good economic news, test now is how to emerge from stagflation with large price shock looming as inflation rises

April 23, 2022

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

All to play for as the economy looks set to achieve significant growth this year. The key variable is the price of oil which has… Read More ›

Test and Go scrapped, a giant step by officials that removes testing for incoming air passengers to Thailand

Test and Go scrapped, a giant step by officials that removes testing for incoming air passengers to Thailand

April 22, 2022

Economy, Living, Personal, Thai World, Thailand:

Unvaccinated travellers still face 5 days quarantine, a prior negative test and an RT-PCR test on Day 4 or 5 but on Friday, the decision… Read More ›

US ASEAN summit as ‘dangerous directions’ now emerging in Asia as China’s regional power rises

US ASEAN summit as ‘dangerous directions’ now emerging in Asia as China’s regional power rises

April 20, 2022

Economy, Personal, Politics, Thai World, Thailand:

The summit is being seen as a chance by the United States to reset its relationship with ASEAN and its member states but the bloc… Read More ›

Decision time on plans to ease further restrictions on foreign tourists with strong conflicting views at this time

Decision time on plans to ease further restrictions on foreign tourists with strong conflicting views at this time

April 18, 2022

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

Minister of Public Health Anutin Charnvirakul on Monday was more cautious when he confirmed that the government was moving towards endemic status but stressed that… Read More ›

Minister proposes that vaccinated tourists fly in without notice from May 1st to boost the economy

Minister proposes that vaccinated tourists fly in without notice from May 1st to boost the economy

April 14, 2022

Economy, Foreigners, More News from Thailand, Thailand:

Thailand’s foreign tourism industry is not expected to make a full recovery until 2026 according to Bank of Thailand Governor Sethaput Suthiwartnarueput as the Asia… Read More ›

Even with high infection levels, top officials are saying that incoming tourism will see a takeoff from now

Even with high infection levels, top officials are saying that incoming tourism will see a takeoff from now

April 13, 2022

Economy, Personal, Thai World, Thailand:

Indications that the kingdom will drop entry restrictions after the Songkran holidays come to an end. The news is coming with an encouraging take off… Read More ›

US sanctions on Russia part of a ‘profound’ geopolitical shift to Asia as many US firms leave China

US sanctions on Russia part of a ‘profound’ geopolitical shift to Asia as many US firms leave China

April 11, 2022

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

US President Biden’s key policy adviser for the Indo Pacific on the National Security Council has told an Asia Pacific summit organised by a Washington… Read More ›

Fears growing that Covid may yet derail plans to reopen fully to foreign tourism from July 1st next

Fears growing that Covid may yet derail plans to reopen fully to foreign tourism from July 1st next

April 8, 2022

Economy, Personal, Politics, Thai World, Thailand:

The news comes with rising foreign tourist arrivals from April reportedly up by 66% this week as the requirement for a pre-departure test and a… Read More ›

Prolonged Ukraine war to see Thai inflation at 6.3%, a stalled economy and a possible downgrade

Prolonged Ukraine war to see Thai inflation at 6.3%, a stalled economy and a possible downgrade

April 2, 2022

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

Vice President at Siam Commercial Bank Yanyong Thaicharoen shared an economic assessment from the bank’s Economic Intelligence Centre this week. He predicted growth this year… Read More ›

Thai planners prepare to let the baht ‘swing’ in a move to boost growth via tourism and exports at this time

Thai planners prepare to let the baht ‘swing’ in a move to boost growth via tourism and exports at this time

March 29, 2022

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

Top university boss predicts that, technically, Thailand has already entered into a period of 1970s stagflation as he lowered the economic growth projection for the… Read More ›

Minister says Thailand Pass could be gone by June 1st, but suggests the retention of a test on arrival

Minister says Thailand Pass could be gone by June 1st, but suggests the retention of a test on arrival

March 26, 2022

Economy, Foreigners, More News from Thailand, Thailand:

Comments by Thailand’s Minister of Tourism and Sports on Thursday to industry representatives of the Association of Thai Travel Agents, while appearing to be positive… Read More ›

Banks downgraded as the Thai economy faces a liquidity crisis caused by war and tourism barriers

Banks downgraded as the Thai economy faces a liquidity crisis caused by war and tourism barriers

March 24, 2022

Economy, Living, Personal, Thai World, Thailand:

Thailand’s economy remains highly dependent on both exports and foreign tourism with the current storm again highlighting this factor. The loss of foreign tourism income… Read More ›

Travel sector calls for endemic status, scrapping of Thailand Pass and full normality on entry to the country

Travel sector calls for endemic status, scrapping of Thailand Pass and full normality on entry to the country

March 23, 2022

Economy, Foreigners, More News from Thailand, Thailand:

Industry leaders from the Federation of Thai Industries to the Thai Chamber of Commerce have urged the government to expedite the plan to declare the… Read More ›

Advertising income from foreign internet firms boosts Thailand’s coffers as oil prices recede

Advertising income from foreign internet firms boosts Thailand’s coffers as oil prices recede

March 20, 2022

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

Electricity prices to rise to ฿4 a unit from May as government plans a new series of supports for families in its effort to raise… Read More ›

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