Economy
Economy sees sharp setback with lower private spending, investment and foreign tourism income
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 ›
OECD tax changes and other moves at the heart of growing rifts appearing in Thailand’s government
Economy, Living, Media, Personal, Politics, Thai World, 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
Economy, Living, Media, Personal, Politics, Thai World, 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15% VAT rate plan withdrawn over fierce backlash.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
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
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
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 Praises South Korean MPs after martial law rescinded
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
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
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
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
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
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
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
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 ›
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