Economy

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, Living, Media, 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, Politics, 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, Politics, 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, Living, Media, 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 ›

OECD tax changes and other moves at the heart of growing rifts appearing in Thailand’s government

OECD tax changes and other moves at the heart of growing rifts appearing in Thailand’s government

December 15, 2024

Economy, Living, Media, Politics, Thailand:

Thailand’s government faces internal rifts over OECD tax changes, with disputes over corporate tax, VAT hikes and an anti-coup law. In the meantime, the country… Read More ›

Thailand finally tackles its borrowing crisis which has come to a head in 2024 with effective measures

Thailand finally tackles its borrowing crisis which has come to a head in 2024 with effective measures

December 12, 2024

Economy, Living, Media, Politics, Thailand:

Thailand introduces a major debt restructuring plan for nearly 2 million borrowers, aiming to ease the borrowing crisis with new concessions and a focus on… Read More ›

15% VAT rate plan withdrawn over fierce backlash. Thailand needs time and patience for tax reform

15% VAT rate plan withdrawn over fierce backlash. Thailand needs time and patience for tax reform

December 9, 2024

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

A 15% VAT tax plan for Thailand was scrapped after public outcry. While the idea aimed to boost investment and tackle inequality, critics warned it… Read More ›

Chinese EV players in Thailand may opt out of subsidies as a difficult year ends. But there is optimism for electric cars

Chinese EV players in Thailand may opt out of subsidies as a difficult year ends. But there is optimism for electric cars

December 6, 2024

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

Thailand’s EV market faces sharp sales declines in 2024, with Chinese firms struggling with subsidy challenges and unsold stock. Despite global backlash and consumer doubts,… Read More ›

Release of former Commerce Minister clears the way for the return in 2025 of ex-PM Yingluck Shinawatra

Release of former Commerce Minister clears the way for the return in 2025 of ex-PM Yingluck Shinawatra

December 5, 2024

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

The release of ex-Commerce Minister Boonsong Teriyapirom has fueled speculation about Yingluck Shinawatra’s return to Thailand in 2025. Boonsong, jailed for his role in the… Read More ›

People’s Party MP calls for anti-coup d’état laws. Praises South Korean MPs after martial law rescinded

People’s Party MP calls for anti-coup d’état laws. Praises South Korean MPs after martial law rescinded

December 4, 2024

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

Thai MP Parit Wacharasindhu calls for anti-coup laws in Thailand, inspired by South Korea’s swift reversal of martial law. He praises South Korean MPs and… Read More ›

South Korean President shocks the World by declaring Martial Law. Raises tensions further in Asia Pacific

South Korean President shocks the World by declaring Martial Law. Raises tensions further in Asia Pacific

December 3, 2024

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

South Korea’s President Yoon Suk Yeol declares martial law, heightening tensions with North Korea and the US, impacting the Indo-Pacific region and alarming Thailand. The… Read More ›

Hopes for direct US flights with Federal Aviation Administration (FAA) Category 1 status restoration

Hopes for direct US flights with Federal Aviation Administration (FAA) Category 1 status restoration

December 2, 2024

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

Thailand aims to regain FAA Category 1 status in February 2025, restoring direct US flights lost since 2015 due to safety concerns. With reforms and… Read More ›

Pichai to put best foot forward in Trump’s Washington DC in February as exports surged in October

Pichai to put best foot forward in Trump’s Washington DC in February as exports surged in October

November 27, 2024

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

Pichai set to visit Trump’s Washington in February as Thai exports surged 14.6% in October, smashing forecasts. Despite this, rising imports signal a third year… Read More ›

Thaksin calls for more cash flow and predicts a realignment of the world financial system in 5 years

Thaksin calls for more cash flow and predicts a realignment of the world financial system in 5 years

November 25, 2024

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

Thaksin urges economic reform, calls for a liquidity boost to support small businesses, and predicts a global financial realignment within five years. He criticised the… Read More ›

Sirikanya criticises the government’s economic agenda as willy nilly and focused on cash handouts

Sirikanya criticises the government’s economic agenda as willy nilly and focused on cash handouts

November 22, 2024

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

Sirikanya criticises the government’s economic strategy as just focusing on cash handouts without addressing debt issues. With Thailand’s 2024 growth projected at 2.7%, experts warn… Read More ›

Scammer in a car with a base station using AIS Bangkok transmitters to send over 1 million SMS texts

Scammer in a car with a base station using AIS Bangkok transmitters to send over 1 million SMS texts

November 20, 2024

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

Chinese scammer caught using AIS signals in Bangkok sent over 1 million SMS texts. ฿19 billion lost to fraud last year. A new 10-minute account-blocking… Read More ›

Minister suggests Thailand must be cautious about penalising traditional combustion engine cars

Minister suggests Thailand must be cautious about penalising traditional combustion engine cars

November 17, 2024

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

Thailand’s Deputy Minister of Finance suggests caution in penalising traditional combustion engine cars. The government is reconsidering its approach to EV taxes, aiming for a… Read More ›

PM Paetongtarn urged to secure more bilateral trade pacts worldwide. Priority for now is a US-Thai deal

PM Paetongtarn urged to secure more bilateral trade pacts worldwide. Priority for now is a US-Thai deal

November 16, 2024

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

PM Paetongtarn urged to secure key trade deals, with a focus on a US-Thai pact. As Trump’s tariffs loom, Thailand must deal with global economic… Read More ›

Trump’s trifecta triumph means Thailand will be more on edge as he prepares to take power in January

Trump’s trifecta triumph means Thailand will be more on edge as he prepares to take power in January

November 14, 2024

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

Trump’s trifecta win means Thailand faces economic uncertainty. With full control of Congress, he can push through radical policies, including higher tariffs, trade sanctions and… Read More ›

Thaksin warns drug dealers: “I’m back” as he tells Udon Thani crowd his children give him orders

Thaksin warns drug dealers: “I’m back” as he tells Udon Thani crowd his children give him orders

November 14, 2024

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

Thaksin returns to the political spotlight, rallying Udon Thani with promises of debt relief and a vow to combat drugs. He jokes that his children… Read More ›

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