Economy

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 ›

Police arrest callous loan sharks who murdered 45-year-old trader over ฿400 in missed payments

Police arrest callous loan sharks who murdered 45-year-old trader over ฿400 in missed payments

November 17, 2023

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

A 29-year-old couple murdered a small businessman over the price of a cheap cocktail using a .38 revolver purchased on Facebook. Appalling crime shocks Thailand… Read More ›

Airports move to drive traffic with self-service for outbound travellers from December 15th

Airports move to drive traffic with self-service for outbound travellers from December 15th

November 15, 2023

Economy, Living, Personal, Thai World, Thailand:

With foreign tourism income running at just over half the level seen in 2019, Thailand’s tourism industry is moving fast to attract more tourists and… Read More ›

Incoherent government economic policy clashes with Bank of Thailand’s efforts to rein in debt

Incoherent government economic policy clashes with Bank of Thailand’s efforts to rein in debt

November 13, 2023

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

The danger of a credit downgrade for Thailand is growing as private sector debt continues to creep up, and even with interest rates at only… Read More ›

China’s Embassy calls on Thai media to censor its coverage of Taiwan to protect relationships

China’s Embassy calls on Thai media to censor its coverage of Taiwan to protect relationships

November 12, 2023

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

Shocking and peremptory statement from Chinese officials in Bangkok appears to order the Thai media into line over Taiwan. The trigger was a respectful interview… Read More ›

Srettha outlines Digital Wallet as his government begins to flounder with a faltering economy and confusion

Srettha outlines Digital Wallet as his government begins to flounder with a faltering economy and confusion

November 10, 2023

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

This week, an Investor Confidence Index (ICI) poll showed a massive fall in confidence in October, with capital flows accelerating out of the Kingdom and… Read More ›

Change in the tax law does target expats living in Thailand and extends reporting obligations

Change in the tax law does target expats living in Thailand and extends reporting obligations

November 4, 2023

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

Top lawyer and former member of the National Reform Council, along with others, calls for a new Revenue Code and for Thailand to compete with… Read More ›

Economy is in troubled waters with fears for both exports and foreign tourism as 2023 winds down

Economy is in troubled waters with fears for both exports and foreign tourism as 2023 winds down

November 3, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand enters the countdown to the end of 2023 with an extremely troubled economy and gloomy outlook into 2024. Nothing can be taken for granted,… Read More ›

Thailand faces an economic future of low growth despite Srettha’s plans because of a darker world

Thailand faces an economic future of low growth despite Srettha’s plans because of a darker world

October 29, 2023

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

Growth is likely to be similar to last year at 2.6% but only if the rebound in exports continues for the next few months, even… Read More ›

Legal casinos and gambling in Thailand being weighed up carefully after Deputy PM’s backing 

Legal casinos and gambling in Thailand being weighed up carefully after Deputy PM’s backing 

October 26, 2023

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

Bhumjaithai Party MP last month urged the government to look at how Singapore is benefiting from selectly legalising casinos with a report that the US… Read More ›

Russians to get 90-day visa on arrival as tourist numbers wobble in October ahead of High Season

Russians to get 90-day visa on arrival as tourist numbers wobble in October ahead of High Season

October 18, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand has continued this year to be a popular choice for Russians seeking sun and relaxation away from the pressures of a country at war.… Read More ›

Bangkok’s Governor gives green light for 4 am opening hours for nightlife in tourist hotspots

Bangkok’s Governor gives green light for 4 am opening hours for nightlife in tourist hotspots

October 17, 2023

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

The proposal looks like it is proceeding nationwide this year, pushed by the country’s new soft power panel and endorsed by Prime Minister Srettha Thavisin.… Read More ›

Digital Wallet plan could break up the government before it launches says top Thai political pundit

Digital Wallet plan could break up the government before it launches says top Thai political pundit

October 12, 2023

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

The unwieldy and blunt Digital Wallet online credit giveaway, using blockchain technology, will be conducted through the Krungthai Bank smartphone banking application, and it must… Read More ›

Expats seeking a new life face challenges with stricter banking and taxation rules being pushed

Expats seeking a new life face challenges with stricter banking and taxation rules being pushed

October 11, 2023

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

Thailand is moving toward greater tax compliance from the hundreds of thousands of expats living in the kingdom. At the same time, banking facilities at… Read More ›

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