Economy

Thailand turns to China in 2023 for GDP growth in a world buffeted in real-time by raw geopolitics

Thailand turns to China in 2023 for GDP growth in a world buffeted in real-time by raw geopolitics

January 17, 2023

Economy, Living, Personal, Thai World, Thailand:

Sentiment regarding the economy has been rising since the return of Chinese tourists on January 9th last. However, with geopolitical tensions and indeed a trade… Read More ›

Thai economy up against it in 2023 despite the hype and hoopla over Chinese tourists returning

Thai economy up against it in 2023 despite the hype and hoopla over Chinese tourists returning

January 13, 2023

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

Thailand is an export-led economy operating in an increasingly unpredictable and uncertain world. In 2023, it finds itself relying on a foreign tourism industry which… Read More ›

Reverse course as Minister Anutin confirms all are welcome to Thailand even without a Covid vaccine

Reverse course as Minister Anutin confirms all are welcome to Thailand even without a Covid vaccine

January 9, 2023

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

China’s huge Covid wave continues unabated with more countries requiring testing for Chinese arrivals. Thailand’s Minister of Public Health Anutin however has insisted that all… Read More ›

Covid chaos descends again on Thailand’s foreign tourism sector amid cancellations and complaints

Covid chaos descends again on Thailand’s foreign tourism sector amid cancellations and complaints

January 8, 2023

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

Travel agents in France have been forced to cancel contracts because of the sudden introduction of entry restrictions which have led operators to declare a… Read More ›

Tourism industry blow: Entry criteria for all arrivals reimposed in response to the arrival of Chinese tourists 

Tourism industry blow: Entry criteria for all arrivals reimposed in response to the arrival of Chinese tourists 

January 6, 2023

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

No firm details yet as to what date the new regime comes into force nor how it will be administered. Minister Anutin Charnvirakul said it… Read More ›

Economic chiefs promise a brighter 2023 for Thai people despite the more gloomy world outlook for the year

Economic chiefs promise a brighter 2023 for Thai people despite the more gloomy world outlook for the year

January 2, 2023

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

The foreign tourism industry will be the key driver of economic growth with more money in people’s pockets in 2023 says Bank of Thailand Governor… Read More ›

Ministers urged to tread cautiously on new entry requirements as China reopens to foreign travel this week

Ministers urged to tread cautiously on new entry requirements as China reopens to foreign travel this week

January 1, 2023

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

The conflicting reports over the weekend were the product of two high-powered committee meetings within the Ministry of Public Health ahead of a meeting of… Read More ›

Tourism minister’s plan to offer vaccines to foreign tourists as recovery mired at 29% of 2019

Tourism minister’s plan to offer vaccines to foreign tourists as recovery mired at 29% of 2019

December 28, 2022

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

Thailand’s long and slow recovery of its foreign tourism industry continues with a somewhat ambivalent attitude towards the now imminent prospect of a return of… Read More ›

PM and Ung Ing to do battle in 2023 for the top job with public debt and the economy as key issues

PM and Ung Ing to do battle in 2023 for the top job with public debt and the economy as key issues

December 27, 2022

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

Public debt and the management of the economy will be the key battleground for this General Election as it is clear the alternative to the… Read More ›

Pheu Thai to knock back skyrocketing electricity costs hitting business with a 21% rise in 2023 already confirmed

Pheu Thai to knock back skyrocketing electricity costs hitting business with a 21% rise in 2023 already confirmed

December 15, 2022

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

The business sector, in recent months, is expressing higher confidence with the return of foreign tourism at critical levels but is expecting to be left… Read More ›

War erupts over Pheu Thai’s ฿600 minimum wage plan with the economy as the key election issue

War erupts over Pheu Thai’s ฿600 minimum wage plan with the economy as the key election issue

December 9, 2022

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

An academic with Srinakharinwirot University (SWU) welcomed the proposal in broad terms as beneficial to newly graduated students taking up employment but expressed his concern… Read More ›

New Air Canada link from Vancouver to Bangkok an aviation first, will boost American arrivals to Thailand

New Air Canada link from Vancouver to Bangkok an aviation first, will boost American arrivals to Thailand

December 4, 2022

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

Direct 13-hour flight from Vancouver to Bangkok is a first for Air Canada and Thailand which is trying to regain its position as a power… Read More ›

Even as the baht surges, Thailand faces economic recession in mid-2023 with lower earnings

Even as the baht surges, Thailand faces economic recession in mid-2023 with lower earnings

December 1, 2022

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

KKP Research, the research arm of Kiatnakin Phatra Bank in Bangkok is predicting the Thai economy to enter recession in the opening quarter of 2023… Read More ›

Foreign tourism is Thailand’s only hope in 2023 as exports dim with hard times seen in key markets

Foreign tourism is Thailand’s only hope in 2023 as exports dim with hard times seen in key markets

November 28, 2022

Economy, Personal, Thai World, Thailand:

The Economic Intelligence Centre (EIC), the research arm of Siam Commercial Bank has forecast growth of 3.4% in 2023 compared to similar projections for 2022.… Read More ›

Central bank boss worried about General Election political promises and rising geopolitical threats

Central bank boss worried about General Election political promises and rising geopolitical threats

November 20, 2022

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

The bank is confident that Thailand’s economy will grow at not less than 3% in 2023 and has projected 3.8%. Meanwhile, a key monetary policy… Read More ›

Thailand looking at new modular US nuclear reactors as a future sustainable power source

Thailand looking at new modular US nuclear reactors as a future sustainable power source

November 19, 2022

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

Successful summit was wrapped up by Thai Prime Minister Prayut Chan ocha in Bangkok on Saturday as he handed over the baton to the US… Read More ›

President Xi Jinping touches down in Bangkok for APEC Summit hosted by Thailand, PM at the airport

President Xi Jinping touches down in Bangkok for APEC Summit hosted by Thailand, PM at the airport

November 17, 2022

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

National Police Commissioner General Damrongsak Kittiprapat has implored the public in Bangkok to assist the police in carrying out the mammoth security operation for the… Read More ›

Bank of Thailand moves against cash and the US dollar in a plan to reduce circulating bank notes in half by 2026

Bank of Thailand moves against cash and the US dollar in a plan to reduce circulating bank notes in half by 2026

November 15, 2022

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

The new policy to halve the amount of cash in circulation by 2026 comes as the Bank of Thailand joined four other Southeast Asian central… Read More ›

PM supports stronger ASEAN-US partnership to tackle emerging crises in the region and globally 

PM supports stronger ASEAN-US partnership to tackle emerging crises in the region and globally 

November 13, 2022

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

The Thai Prime Minister’s support for the Quad defence initiative between the United States, Japan, India and Australia, seen as a bulwark against China, as… Read More ›

Soaring baht as the Thai economic spirit rises with one of the world’s lowest levels of inflation

Soaring baht as the Thai economic spirit rises with one of the world’s lowest levels of inflation

November 12, 2022

Economy, Living, Personal, Thai World, Thailand:

Definitive US inflation data showing lower inflation figures interpreted by the markets this time as meaning the Federal Reserve might be more inclined to reduce… Read More ›

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