Economy

Debt crisis may be one of the top items on the new cabinet’s agenda as central bank stands ready

Debt crisis may be one of the top items on the new cabinet’s agenda as central bank stands ready

July 5, 2023

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

With runaway, quarter-by-a-quarter rises in unsecured personal debt running at over 10%, a threatened spike in non-performing loans, a household debt of at least ฿16… Read More ›

Potential hazard lights flashing as kingdom’s auto loans spiral into default with sky-high borrowing

Potential hazard lights flashing as kingdom’s auto loans spiral into default with sky-high borrowing

July 2, 2023

Economy, Living, Personal, Thai World, Thailand:

Concern is growing that Thai borrowers may not be able to carry the heavy load of household debt in the aftermath of an end to… Read More ›

NIDA poll shows that political conflict is still on the horizon as US envoy denies interference in election

NIDA poll shows that political conflict is still on the horizon as US envoy denies interference in election

July 2, 2023

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

The United States has become a target for conservatives who were roundly defeated in the May 14th General Election and who are expected to quickly… Read More ›

PM’s soothing words for frayed nerves as he says he will continue his role up to the next cabinet

PM’s soothing words for frayed nerves as he says he will continue his role up to the next cabinet

June 30, 2023

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

Key hurdle to forming the next government is the ability of eight party coalition and its supporters in parliament to find 376 seats in a… Read More ›

Baht falls to 7-month low as unease grows over chances of Pita Limjaroenrat being elected as PM

Baht falls to 7-month low as unease grows over chances of Pita Limjaroenrat being elected as PM

June 28, 2023

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

Financial markets begin to strike a sour note as political squabbling threatens the prospect of a smooth transition to a new government next month with… Read More ›

China censors top journalist who raised disturbing questions about the country’s failing economy

China censors top journalist who raised disturbing questions about the country’s failing economy

June 27, 2023

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

The censorship of a highly regarded business journalist and economic analyst comes just months after leading American banks in Beijing were ordered to censor financial… Read More ›

New PM in July a turning point for the Thai economy in 2023 which could still see 4% GDP growth recorded

New PM in July a turning point for the Thai economy in 2023 which could still see 4% GDP growth recorded

June 21, 2023

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

The prospects of a speedier formation of a new government with parliament now convening on July 3rd holds out hope to the business sector that… Read More ›

Pita’s election as PM and political certainty would be a green light for new jobs and investment

Pita’s election as PM and political certainty would be a green light for new jobs and investment

June 17, 2023

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

Business tycoon turned politician, Srettha Thavisin, briefed investors in Bangkok about the current political situation as capital and investment flow out of the kingdom due… Read More ›

Dangerous political flux in the aftermath of the General Election is growing and poses a threat

Dangerous political flux in the aftermath of the General Election is growing and poses a threat

June 8, 2023

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

Weeks after the May 14th election a decisive result has been thrown into question with ‘roadblocks’ being erected in front of Mr Pita Limjaroenrat’s road… Read More ›

Democrat Party top leader warns of voices of hate toppling the ‘spirit of democracy’ in Thailand

Democrat Party top leader warns of voices of hate toppling the ‘spirit of democracy’ in Thailand

June 4, 2023

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

The warning comes days after the outgoing Democrat Party leader Mr Jurin Laksanawisit scotched any suggestion that secret talks concerning an alternative coalition government between… Read More ›

Pita shares cast a pall over historic May 14th Election, fears that the results may be nullified by a court

Pita shares cast a pall over historic May 14th Election, fears that the results may be nullified by a court

June 3, 2023

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

This week, there appeared to be little traction in the public’s mind or acceptance that the results of the General Election outcome, acclaimed, more and… Read More ›

Rejected ฿10k digital wallet plan ditched by Pheu Thai with moves towards a social welfare state

Rejected ฿10k digital wallet plan ditched by Pheu Thai with moves towards a social welfare state

June 1, 2023

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

Earlier proposals by the Pheu Thai Party for a ฿600 minimum wage by 2027 and a guaranteed salary of ฿25,000 for graduates at the same… Read More ›

Thailand’s economy at a tipping point as markets wake up to the potential for political turmoil

Thailand’s economy at a tipping point as markets wake up to the potential for political turmoil

May 30, 2023

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

Baht is down against the dollar but what may take Thailand’s leadership by surprise is both the perception of the election result outside the kingdom… Read More ›

Move Forward’s ฿450 minimum wage in 100 days seen as an earthquake moment for Thai factories

Move Forward’s ฿450 minimum wage in 100 days seen as an earthquake moment for Thai factories

May 29, 2023

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

Business leaders sending a strong warning to the proposed new government that the private business sector cannot absorb a shock rise in the minimum daily… Read More ›

Deputy PM Wissanu says waiting out the Senate’s voting power beyond May 2024 is not really viable

Deputy PM Wissanu says waiting out the Senate’s voting power beyond May 2024 is not really viable

May 25, 2023

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

There are only three developments that can lead to a political crisis being avoided in early August with Mr Pita Limjaroenrat’s name being nominated in… Read More ›

Election vote for Move Forward may have been a cry for help from voters mired in short-term debt

Election vote for Move Forward may have been a cry for help from voters mired in short-term debt

May 19, 2023

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

Business frets about political instability and the potential policies of a Move Forward Pheu Thai government but there already appears to be growing problems beneath… Read More ›

Pita, Move Forward and seven other parties meet in Bangkok and come out smiling, ready to govern

Pita, Move Forward and seven other parties meet in Bangkok and come out smiling, ready to govern

May 18, 2023

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

The right noises are being heard with growing support, even among senators, for respecting the democratic mandate with the Move Forward Party being urged, however,… Read More ›

Closer ties between Bangkok and Shanghai hailed with recent visit of powerful Chinese Mayor

Closer ties between Bangkok and Shanghai hailed with recent visit of powerful Chinese Mayor

May 16, 2023

Economy, Foreigners, More News from Thailand, Thailand:

A top Thai official sees stronger links between China and cooperation between Thai and Chinese entrepreneurs as critical to the future industrial development of the… Read More ›

Pita plots a new coalition government with Pheu Thai but open conflict has already raised its head in the Senate 

Pita plots a new coalition government with Pheu Thai but open conflict has already raised its head in the Senate 

May 15, 2023

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

Sunday’s election victory by the Move Forward Party marks a historic shift in Thai politics as the electorate voted for principle and a more progressive… Read More ›

Move Forward Party’s good election result leaves uncertainty as to who will form the next government

Move Forward Party’s good election result leaves uncertainty as to who will form the next government

May 14, 2023

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

The results were good news for the Bhumjaithai Party and Deputy Prime Minister Anutin Charnvirakul and may be seen as a rejection of Mr Chuwit… Read More ›