Economy

Deputy Finance Minister outlines bill to create an international financial services centre in Bangkok

Deputy Finance Minister outlines bill to create an international financial services centre in Bangkok

January 22, 2025

Economy, Living, Media, Politics, Thailand:

Thailand’s cabinet to review plans for a world-class financial hub in Bangkok. The new centre aims to attract top global firms, enhance economic competitiveness and… Read More ›

Minister tells the Senate that corrupt Thai officials conspired with gangs to undermine tourist security

Minister tells the Senate that corrupt Thai officials conspired with gangs to undermine tourist security

January 21, 2025

Crime, Economy, Living, Media, Politics, Thailand:

Thai minister admits officials conspired with gangs, fueling foreign tourist distrust. Chinese abductions and Myanmar scams spark mass cancellations, 20% for Chinese New Year according… Read More ›

Prime Minister heads to Davos where Thailand will sign its first free trade pact with European countries

Prime Minister heads to Davos where Thailand will sign its first free trade pact with European countries

January 20, 2025

Economy, Living, Media, Politics, Thailand:

Thai PM Paetongtarn Shinawatra heads to Davos to seal Thailand’s first European trade pact with EFTA nations, boosting ties with Norway, Switzerland, Iceland, and Liechtenstein.… Read More ›

Chinese and Thai economies both feeling the pinch even before Trump gets to work in the White House

Chinese and Thai economies both feeling the pinch even before Trump gets to work in the White House

January 19, 2025

Economy, Living, Media, Politics, Thailand:

China and Thailand face economic strains with low growth, weak demand and fractious trade ties, as Trump’s return adds global uncertainty. Both nations struggle with… Read More ›

PM Paetongtarn to speak Chinese with AI to address security fears in China as foreign tourism suffers over scam farms

PM Paetongtarn to speak Chinese with AI to address security fears in China as foreign tourism suffers over scam farms

January 17, 2025

Crime, Culture, Economy, Living, Media, Politics, Thailand:

Thai PM Paetongtarn Shinawatra uses AI to speak Chinese, downplaying security fears as foreign tourism drops. However, illegal operations and human trafficking linked to Myawaddy… Read More ›

Government to take its chances by legalising casino complex operations and online gambling in Thailand

Government to take its chances by legalising casino complex operations and online gambling in Thailand

January 14, 2025

Culture, Economy, Living, Politics, Thailand:

Thai cabinet moves to legalise casino complexes and online gambling to boost tourism and generate revenue, despite concerns from the Council of State and societal… Read More ›

Thai Sang Thai leader Sudarat suggests people in power in Thailand are linked to transnational gangs

Thai Sang Thai leader Sudarat suggests people in power in Thailand are linked to transnational gangs

January 12, 2025

Crime, Economy, Living, Media, Politics, Thailand:

Thai Sang Thai leader claims figures in power benefit from transnational crime as Thailand’s tourism image takes a hit. She urges former PM Thaksin to… Read More ›

Britain seeks rapprochement with China as a massive rifts open up between Labour’s UK and Trump’s USA

Britain seeks rapprochement with China as a massive rifts open up between Labour’s UK and Trump’s USA

January 12, 2025

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

UK seeks rapprochement with China amid rising tensions with the US, as Labour’s controversial high-tax budget and Donald Trump’s return stoke political rifts. Chancellor Rachel… Read More ›

Thailand’s economy faces an uncertain 2025 with all eggs placed in the foreign tourism industry basket

Thailand’s economy faces an uncertain 2025 with all eggs placed in the foreign tourism industry basket

January 11, 2025

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

Thailand’s 2025 economic outlook remains uncertain, heavily relying on foreign tourism. Experts warn of tighter credit, higher non-performing loans, and the impact of Chinese trade… Read More ›

Visa waiver scheme questioned with another China Crisis for foreign tourism driven by security fears

Visa waiver scheme questioned with another China Crisis for foreign tourism driven by security fears

January 10, 2025

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

Thailand’s visa waiver scheme faces mounting scrutiny as a series of crimes involving Chinese nationals, including abductions and scams, spark a crisis of confidence among… Read More ›

People’s Party leader calls out a lack of opportunity in Thailand for talented innovators to break through

People’s Party leader calls out a lack of opportunity in Thailand for talented innovators to break through

January 8, 2025

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

People’s Party deputy leader warns Thailand risks ‘Middle Income Trap’ without bold reforms. Wira Yut Kanchanachuchat urges dismantling privilege, fostering competition and empowering players to… Read More ›

Donald Trump’s second-term impact in the latter half of 2025 tops Bank of Thailand’s economic concerns

Donald Trump’s second-term impact in the latter half of 2025 tops Bank of Thailand’s economic concerns

January 7, 2025

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

The Bank of Thailand braces for Trump’s second term, citing risks from US-China trade tensions, job losses, and a volatile baht. With projected 2025 growth… Read More ›

Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31st deadline

Revenue Department boss calls on tax residents in Thailand to file 2024 returns by March 31st deadline

January 3, 2025

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

Revenue Department urges tax residents in Thailand to file 2024 returns by March 31. Expats with over 180 days in Thailand must submit returns for… Read More ›

Thaksin warns that the media in Thailand has become too sensational and influential as he sues lawyer

Thaksin warns that the media in Thailand has become too sensational and influential as he sues lawyer

December 28, 2024

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

Thaksin Shinawatra warns that Thai media has become too sensational and influential, calling for more factual reporting. Meanwhile, he has filed a criminal defamation complaint… Read More ›

Economy sees sharp setback with lower private spending, investment and foreign tourism income

Economy sees sharp setback with lower private spending, investment and foreign tourism income

December 27, 2024

Economy, Living, Personal, Thai World, Thailand:

Fresh data shows Thailand’s economy struggles as private consumption, investment and foreign tourism income drop. Manufacturing output slipped, and car production fell 27%. With tightened… Read More ›

Thai Zoo launches 5 giant rodents in Santa outfits to help tourists celebrate Christmas in the kingdom

Thai Zoo launches 5 giant rodents in Santa outfits to help tourists celebrate Christmas in the kingdom

December 25, 2024

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

Thai Zoo debuts capybaras in Santa suits to woo Christmas tourists as the kingdom embraces festive cheer and Western traditions. Giant rodents join Thailand’s unique… Read More ›

Tourism cryptocurrency sandbox payment plan is bound to face stiff opposition from the central bank

Tourism cryptocurrency sandbox payment plan is bound to face stiff opposition from the central bank

December 23, 2024

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

Thailand’s plan to introduce a crypto payment sandbox for tourism may face resistance from the central bank, which has long prohibited such transactions. Despite support… Read More ›

Pheu Thai and Bhumjaithai rift is real and widening despite the latest attempt to soothe concerns among the public

Pheu Thai and Bhumjaithai rift is real and widening despite the latest attempt to soothe concerns among the public

December 22, 2024

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

Pheu Thai and Bhumjaithai’s political rift deepens despite efforts to smooth tensions. Thaksin Shinawatra’s growing influence, disputes over land, cannabis, constitutional reform and a looming… Read More ›

Thaksin calls for crypto-based bonds. Notes success and beauty of Isan women who marry foreigners

Thaksin calls for crypto-based bonds. Notes success and beauty of Isan women who marry foreigners

December 20, 2024

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

Thaksin calls for cryptocurrency-backed bonds to boost liquidity in Thailand’s economy. He highlights the success and beauty of Isan women marrying foreigners, emphasizes the need… Read More ›

Future Bank of Thailand Chairman Pick warns that the Thai economy faces ‘disaster’ without rate cuts

Future Bank of Thailand Chairman Pick warns that the Thai economy faces ‘disaster’ without rate cuts

December 19, 2024

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

Former Finance Minister Kittiratt Na-Ranong, likely the next Bank of Thailand Chairman, warns of economic “disaster” if interest rates aren’t cut. His attack on the… Read More ›

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