Economy

Economy at crossroads: World Bank calls for structural reform to avert two decades of low growth

Economy at crossroads: World Bank calls for structural reform to avert two decades of low growth

December 16, 2023

Economy, Living, Personal, Thai World, Thailand:

It’s an economic SOS: The World Bank sounds the alarm! Ageing woes, private sector debt and corruption threaten 20 years of sluggish growth. Urgent structural… Read More ›

Prime Minister Srettha in Japan talking up EV investments in Thailand’s vital automotive industry

Prime Minister Srettha in Japan talking up EV investments in Thailand’s vital automotive industry

December 16, 2023

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

Thai PM working to spark EV Revolution for Thailand in Japan. Srettha woos auto giants for a brighter and green future. The extended visit is… Read More ›

Bhumjaithai and Anutin plan Thailand’s education agenda with an emphasis on national pride and ethical, civic duties 

Bhumjaithai and Anutin plan Thailand’s education agenda with an emphasis on national pride and ethical, civic duties 

December 14, 2023

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

In a bold move, Thailand’s Bhumjaithai Party shifts focus to national pride in education. However, with dismal PISA scores and debates on conservatism versus progress,… Read More ›

Prime Minister Srettha tackles employers head-on and appears to reject low-cost industrial plants

Prime Minister Srettha tackles employers head-on and appears to reject low-cost industrial plants

December 13, 2023

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

Prime Minister Srettha Thavisin sparks controversy by rejecting a proposed 2% minimum wage increase set by a tripartite committee. Defying warnings from the Federation of… Read More ›

Thailand to move away from foreign tourism and rely more on home travellers in the latest TAT masterplan

Thailand to move away from foreign tourism and rely more on home travellers in the latest TAT masterplan

December 12, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand’s tourism industry faces a 40% decline in revenues this year compared to 2019, prompting a reevaluation. A disappointing response from Chinese tourists and a… Read More ›

New self-service immigration exits twice as fast and allow for tighter incoming security checks at airport

New self-service immigration exits twice as fast and allow for tighter incoming security checks at airport

December 11, 2023

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

Suvarnabhumi Airport ushers in a travel revolution! Effective Dec 15, automatic exit lanes for foreigners. Twice as fast, it’s new from the Immigration Bureau. Passport… Read More ›

Passenger complaint turbulence as Thai Airways appears to plot sky-high Dreamliner expansion

Passenger complaint turbulence as Thai Airways appears to plot sky-high Dreamliner expansion

December 10, 2023

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

High-flying Thai Airways began the week eyeing an ambitious ฿840 billion deal for 80 Boeing Dreamliners, signalling a grand comeback from bankruptcy. Amid robust financial… Read More ›

Record low inflation has a darker underside as the economy begins to show real deflationary signs

Record low inflation has a darker underside as the economy begins to show real deflationary signs

December 9, 2023

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

Government measures, particularly in energy, led to the -0.44% November inflation or deflation, the lowest in 33 months. The silent clash over economic policies deepens,… Read More ›

German who skipped bail on sexual assault of a minor charge in Pattaya named by top cop to the press

German who skipped bail on sexual assault of a minor charge in Pattaya named by top cop to the press

December 7, 2023

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

Top Cop launches disciplinary action: General Surachate Hakparn, known as Big Joke, confirms disciplinary action and a criminal investigation against police officers in response to… Read More ›

Billionaire rivals eye dominance of the Kingdom’s 7-Eleven chain run by the Chearavanont family

Billionaire rivals eye dominance of the Kingdom’s 7-Eleven chain run by the Chearavanont family

December 5, 2023

Economy, Living, Personal, Thai World, Thailand:

Elite entrepreneurs unleash convenience store clash: Thailand’s economic tightrope fuels a billionaire brawl as contenders challenge 7-Eleven’s reign. Focused on convenience, moguls like Charoen Sirivadhanabhakdi… Read More ›

Former Deputy PM warns Srettha that if he does not listen, he may spark a real economic crisis in Thailand

Former Deputy PM warns Srettha that if he does not listen, he may spark a real economic crisis in Thailand

December 4, 2023

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

Srettha’s policies under scrutiny as former Deputy Prime Minister Kobsak Sabhavasu questions the efficacy of the Digital Wallet scheme and warns against the proposed civil… Read More ›

Big Joke probes Pattaya sex scandal with high stakes not only for ‘Sin City’ but Thailand itself

Big Joke probes Pattaya sex scandal with high stakes not only for ‘Sin City’ but Thailand itself

December 4, 2023

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

High-stakes investigation into DW TV’s exposé sends shockwaves through Pattaya and Thailand. Deputy National Police Chief, ‘Big Joke,’ takes charge as the scandal unravels. Controversial… Read More ›

Fragile, weak economy sees central bank holding interest rates and reducing 2023 growth to 2.4%

Fragile, weak economy sees central bank holding interest rates and reducing 2023 growth to 2.4%

December 1, 2023

Economy, Living, Personal, Thai World, Thailand:

Foreign tourism is falling, signalling a precarious future. Manufacturing is slumping and the services sector has stumbled. Analysts warn of challenges ahead, while the government… Read More ›

Another black eye for Thai tourism with sick UK man’s ‘horrific’ plight in Phuket exposed on world’s media 

Another black eye for Thai tourism with sick UK man’s ‘horrific’ plight in Phuket exposed on world’s media 

November 30, 2023

Economy, Living, Personal, Thai World, Thailand:

Harrowing tale of British tourist, Dean Penson, stranded in a Thai hospital in a nightmarish encounter with suspected leukaemia. His best friend paints a horrific… Read More ›

Srettha’s crisis is not just an economic one, it is a ‘3D debt crisis’ that is strangling GDP growth

Srettha’s crisis is not just an economic one, it is a ‘3D debt crisis’ that is strangling GDP growth

November 27, 2023

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

Thailand’s economy is caught in a trap where it cannot generate the level of income and profit margins to increase labour pay levels to make… Read More ›

Zombie Thai firms holding back economic growth as they struggle just to pay interest on bank debt

Zombie Thai firms holding back economic growth as they struggle just to pay interest on bank debt

November 23, 2023

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

Another negative impact of government intervention in the free market caused by the disastrous pandemic shutdown in 2020 was identified this week. Zombie firms with… Read More ›

PM ‘worried’ over shock GDP data showing the economy stalling with only 2.5% growth projected

PM ‘worried’ over shock GDP data showing the economy stalling with only 2.5% growth projected

November 20, 2023

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

Move Forward’s Sirikanya Tansakul points to a sharp rise in consumption even with lower economic growth. The key problem is not private consumption or a… Read More ›

90-day visa for European travellers to boost confidence and goodwill damaged by pandemic

90-day visa for European travellers to boost confidence and goodwill damaged by pandemic

November 20, 2023

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

Plan to boost long-haul tourist numbers from Europe as Thailand needs to woo back its former tourism market in Western countries, lost during the pandemic… Read More ›

PM met Canadian Premier Trudeau at US Summit and urged a Canadian-Thai free trade pact

PM met Canadian Premier Trudeau at US Summit and urged a Canadian-Thai free trade pact

November 18, 2023

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

The productive exchange between Prime Minister Srettha Thavisin and the Canadian PM focused on the need to conclude a free trade agreement currently being negotiated… Read More ›

Land Bridge to PM Srettha’s economic policy dreams on the agenda with a 2029 launch date

Land Bridge to PM Srettha’s economic policy dreams on the agenda with a 2029 launch date

November 17, 2023

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

Southern Land Bridge is an economic proposal with massive potential for the Thai economy and Prime Minister Srettha Thavisin. However, it must be commercially viable,… Read More ›

Thailand's News for Foreigners