Economy

Recession fears rise as growth projections are cut and export output continues to decline in 2023

Recession fears rise as growth projections are cut and export output continues to decline in 2023

April 5, 2023

Economy, Personal, Thai World, Thailand:

Thailand’s current account in the last three years tells the story of an economy that has seen a structural change since the closure of the… Read More ›

Economy faces export clogs with rules in China and ‘green imperialism’ from European Union 

Economy faces export clogs with rules in China and ‘green imperialism’ from European Union 

March 29, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand has a strong banking system, inflation well under control and a recovering foreign tourism industry which is keeping the economy on course this year… Read More ›

Good news on foreign investment at the start of 2023 fails to mask stunted competitiveness issue for economy

Good news on foreign investment at the start of 2023 fails to mask stunted competitiveness issue for economy

March 26, 2023

Economy, Personal, Thai World, Thailand:

With an election called this week, the prime minister told reporters that he was particularly proud of tens of billions in foreign investment into advanced… Read More ›

Fear-mongering, fake news and disinformation being stoked in China against visiting Thailand

Fear-mongering, fake news and disinformation being stoked in China against visiting Thailand

March 24, 2023

Crime, Economy, Foreigners, Media, More News from Thailand, Thailand:

Thai officials through the Royal Thai Embassy in Beijing were forced this week to issue a reassurance to potential Chinese visitors to the country regarding… Read More ›

Business leaders praise election clarity but survey shows anxiety about threat of political instability

Business leaders praise election clarity but survey shows anxiety about threat of political instability

March 23, 2023

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

Growing speculation that the current Prime Minister, Prayut Chan ocha, may take a seat in the House of Representatives for the United Thai Nation (Ruam… Read More ›

Vital European Union free trade deal with Thailand with stiff demands from Brussels to take time

Vital European Union free trade deal with Thailand with stiff demands from Brussels to take time

March 16, 2023

Economy, Personal, Thai World, Thailand:

The European Commission this week spoke of an ‘ambitious’ free trade deal with ‘sustainability’ at its core. This particular trade pact is a key one… Read More ›

Thailand’s financials are sound but the economy is exposed if another world banking crisis emerges

Thailand’s financials are sound but the economy is exposed if another world banking crisis emerges

March 15, 2023

Economy, Living, Personal, Thai World, Thailand:

The impact of the financial crisis in 2008, although not directly impacting Thailand, did result in a disruption to investment patterns which saw ฿500 billion… Read More ›

Social welfare scheme sees millions signed up for monthly handouts and easy access to small loans

Social welfare scheme sees millions signed up for monthly handouts and easy access to small loans

March 13, 2023

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

The programme approved by the cabinet in 2022 may prove to be a vote winner for the prime minister and his United Thai Nation (Ruam… Read More ›

China’s new foreign minister warns of certain US-Chinese war if Washington fails to reverse course

China’s new foreign minister warns of certain US-Chinese war if Washington fails to reverse course

March 10, 2023

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

Escalating war in Ukraine could trigger a Chinese grab for Taiwan as the United States turns the economic screws on Beijing and tries to engineer… Read More ›

Thai economic woes grow with a 10-year high trade deficit as January exports slumped by 4.5%

Thai economic woes grow with a 10-year high trade deficit as January exports slumped by 4.5%

March 2, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand finds itself still impacted by a global economic downturn which has left it too dependent on a rapid foreign tourism rebound assisted by China’s… Read More ›

Pheu Thai candidate in Bangkok says incomes have fallen by 2% since 2020 as economy is failing in the long run

Pheu Thai candidate in Bangkok says incomes have fallen by 2% since 2020 as economy is failing in the long run

February 23, 2023

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

Bangkok candidate for the main opposition party reminds voters that this election is about the economy and why change must come. Juthaphon Keturathorn calls for… Read More ›

Credit crunch as firms seek more bank loans with tightened lending criteria and recession fears

Credit crunch as firms seek more bank loans with tightened lending criteria and recession fears

February 18, 2023

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

Current liquidity problem in the industrial and manufacturing sector is coming amid buoyant hopes for foreign tourism with Thailand seeking to generate ฿1.3 trillion from… Read More ›

War with China is a rising spectre that must be confronted as US General predicts conflict by 2025

War with China is a rising spectre that must be confronted as US General predicts conflict by 2025

February 14, 2023

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

Thailand has in recent years hedged its bets by using the 10-nation ASEAN community as a shield. However, lately, some of its key members including… Read More ›

Volatile and expensive baht a problem for the economy, could be subject to speculative trading in the dollar

Volatile and expensive baht a problem for the economy, could be subject to speculative trading in the dollar

February 10, 2023

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

The government’s economic planners are nervously pouring over the numbers on the economy. This has already led to the 2022 growth figure being pared back… Read More ›

Thai Airways rakes in cash, may exit rehabilitation plan in 2024 with its SET shares relisted in 2025

Thai Airways rakes in cash, may exit rehabilitation plan in 2024 with its SET shares relisted in 2025

February 9, 2023

Economy, Living, Personal, Thai World, Thailand:

Bullish Chief Executive Officer Chai Eamsiri explains that the airline is on course to emerge from rehabilitation by the end of 2024. Volume continues to… Read More ›

Russia insists American Boeing aircraft flying to Thailand are safely maintained despite blowout

Russia insists American Boeing aircraft flying to Thailand are safely maintained despite blowout

February 7, 2023

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

Azur Air flight passengers were given food, refreshments and hotel accommodation before being flown home to Moscow on Sunday as technical experts looked at the… Read More ›

8% of Japanese firms in Thailand plan to move new business into the kingdom despite cost rises

8% of Japanese firms in Thailand plan to move new business into the kingdom despite cost rises

February 5, 2023

Economy, Personal, Thai World, Thailand:

Deputy Prime Minister Supattanapong Punmeechaow defends Thailand as a place to do business as it loses ground to Indonesia and Vietnam which maintain lower electricity… Read More ›

Confidence and trust in Thailand damaged by Chinese VIP tourist services advertised online

Confidence and trust in Thailand damaged by Chinese VIP tourist services advertised online

January 26, 2023

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

Problem facing Thai authorities relates to the new online world where discreet services can be advertised cheaply and effectively while the activities of Chinese tourists… Read More ›

FTI boss warns Thailand faces a more dangerous geopolitical world with potential Asian flashpoints

FTI boss warns Thailand faces a more dangerous geopolitical world with potential Asian flashpoints

January 25, 2023

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

Thailand finds itself, at this time, in a part of the world where geopolitical tensions are rising and are already adversely affecting its economy since… Read More ›

UK diver’s death on Ko Tao resurrects myth which is harmful to efforts to promote Thailand abroad

UK diver’s death on Ko Tao resurrects myth which is harmful to efforts to promote Thailand abroad

January 24, 2023

Crime, Culture, Economy, Living, Personal, Thai World, Thailand:

A long history of unfortunate deaths on a small island with a tightly knit community and a comparatively huge number of annual visitors may not… Read More ›