Articles by: Joseph O' Connor

Baht losing against the dollar as vaccination success hopes in the United States grow stronger

Baht losing against the dollar as vaccination success hopes in the United States grow stronger

February 5, 2021

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

There may soon be even more pressure on the Thai government to push for a speedier vaccine drive. So far, the government of Prayut Chan… Read More ›

Key bank committee votes to keep interest rates steady but warns of economic risks short-term

Key bank committee votes to keep interest rates steady but warns of economic risks short-term

February 4, 2021

Economy, Foreigners, More News from Thailand, Thailand:

A top official with Standard Chartered Bank in Thailand agreed there was no need to move on interest rates now but felt it may still… Read More ›

US and UK show a way to end vaccine nightmare says top doctor urging vaccination for ‘herd immunity’

US and UK show a way to end vaccine nightmare says top doctor urging vaccination for ‘herd immunity’

February 3, 2021

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

Thailand now appears ready to go all-in on a vaccine programme while the AstraZeneca vaccine still remains the only approved jab. This week, the Chairman… Read More ›

Minister positive about the kingdom’s finances and economy as it weathers the Covid-19 storm

Minister positive about the kingdom’s finances and economy as it weathers the Covid-19 storm

February 1, 2021

Economy, Personal, Politics, Thai World, Thailand:

Underlying figures for the economy in December 2020 were quite positive and showed recovering economic momentum despite the setback of the 2nd wave which hit… Read More ›

Call from Washington hints at a bigger role in US foreign policy plans in the Asia Pacific region

Call from Washington hints at a bigger role in US foreign policy plans in the Asia Pacific region

January 31, 2021

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

Deputy Prime Minister Don Pramudwinai is confident of an improved US Thai relationship after a phone conversation last Thursday with newly confirmed Secretary of State… Read More ›

Fact – only 6,556 visitors arrived in Thailand last month compared to 3.95 million in December 2019

Fact – only 6,556 visitors arrived in Thailand last month compared to 3.95 million in December 2019

January 26, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Government battling on all fronts to tame the latest virus wave while the loss of foreign tourism income has begun to bite even harder as… Read More ›

Desperate foreign tourism business concerns are clinging to straws as they try to survive the crisis

Desperate foreign tourism business concerns are clinging to straws as they try to survive the crisis

January 24, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Most senior officials and economists agree that vaccination programmes bringing about a return to health security is the only answer for Thailand’s tourism industry. Yet,… Read More ›

Thai bank bucks the trend as most report sharp drops in profit and a cautious outlook for 2021

Thai bank bucks the trend as most report sharp drops in profit and a cautious outlook for 2021

January 23, 2021

Economy, Foreigners, More News from Thailand, Thailand:

It was a rather sombre picture as Thai banks, in reports to the Stock Exchange of Thailand, reported an overall 23% drop in profits for… Read More ›

Bank of Thailand official says reopening to foreign tourism vital to kingdom’s 2021 economic hopes

Bank of Thailand official says reopening to foreign tourism vital to kingdom’s 2021 economic hopes

January 19, 2021

Economy, Living, Personal, Thai World, Thailand:

On Tuesday, the cabinet was presented with a ฿210 billion free cash payments scheme aimed at 31 million Thais. This came in addition to smaller… Read More ›

BCG economic and social blueprint over the next 5 years unveiled, promises more money for less

BCG economic and social blueprint over the next 5 years unveiled, promises more money for less

January 16, 2021

Economy, Personal, Thai World, Thailand:

New economic strategy appears to be more ‘green’ and talks about combating ‘overpopulation’ which suggests a policy change from the first junta government led by… Read More ›

Commerce Ministry enthusiastic about Brexit for Thai firms with lower tariffs on more Thai products

Commerce Ministry enthusiastic about Brexit for Thai firms with lower tariffs on more Thai products

January 12, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Key government advisers and experts are encouraging the government to pursue a free trade agreement with both the United Kingdom and the European Union at… Read More ›

Baht to strengthen further into 2021 with weak policies in western countries driving money here

Baht to strengthen further into 2021 with weak policies in western countries driving money here

January 11, 2021

Economy, Foreigners, More News from Thailand, Thailand:

The baht weakened slightly this week but the outlook for 2021 is for it to strengthen due to the weakness of western economies and continued… Read More ›

Ministers told to fund new utility bill supports as government moves to ease Covid-19 virus surge hardship

Ministers told to fund new utility bill supports as government moves to ease Covid-19 virus surge hardship

January 6, 2021

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

Exporters warn the government that logistics needed for shipping in Eastern provinces must be maintained up and running as they report an upside in demand… Read More ›

Just when things couldn’t get worse, Covid 19 does it again as hoteliers face an even greater crisis in 2021

Just when things couldn’t get worse, Covid 19 does it again as hoteliers face an even greater crisis in 2021

January 3, 2021

Economy, Personal, Thai World, Thailand:

Danucha Pichayanan, the Secretary-General of the Economic and Social Development Council (NESDC) has said unemployment caused by the collapse of the tourism sector combined with… Read More ›

Thailand to launch a moon space programme to boost efforts to become a high-income economy

Thailand to launch a moon space programme to boost efforts to become a high-income economy

December 27, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Moon spaceship programme to be launched officially in January by the Ministry of Education, Science, Research and Innovation in what is a serious effort to… Read More ›

Covid lockdown would set back economic recovery efforts and long term goals warns the World Bank

Covid lockdown would set back economic recovery efforts and long term goals warns the World Bank

December 24, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Even before the latest fears of a lockdown after the Samut Sakhon outbreak among Myanmar migrant workers, there was a concern for Thai exports in… Read More ›

Local poll a disguised win for the government as Pheu Thai and Progressive movement face probes

Local poll a disguised win for the government as Pheu Thai and Progressive movement face probes

December 23, 2020

Personal, Politics, Thai World, Thailand:

The voice of the people throughout Thailand albeit in local polls, where local issues are to the fore, did not provide encouragement or impetus for… Read More ›

Thailand in direct trade talks with 12 Indian states which could also boost the tourism industry here in 2021

Thailand in direct trade talks with 12 Indian states which could also boost the tourism industry here in 2021

December 19, 2020

Economy, Personal, Thai World, Thailand:

First mini free trade deal pact with an Indian state will likely be with Telangana whose capital in southern India is Hyderabad which is home… Read More ›

Move against Pheu Thai, the kingdom’s biggest political party, over it’s alleged links to Thaksin

Move against Pheu Thai, the kingdom’s biggest political party, over it’s alleged links to Thaksin

December 18, 2020

Personal, Politics, Thai World, Thailand:

The Pheu Thai Party, led by Sompong Amornvivat, has provided effective opposition in parliament and endeavoured to keep the government accountable. However, it has long… Read More ›

Baht held at current rate against the US dollar but in the long term, it may be simply unsustainable to do this

Baht held at current rate against the US dollar but in the long term, it may be simply unsustainable to do this

December 17, 2020

Economy, Personal, Thai World, Thailand:

Thailand’s central bank is prioritising the country’s nascent recovery by propping up the dollar. The recent strengthening of the baht is being driven by a… Read More ›

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