Economy

Land for foreign high flyers plan to be axed by cabinet as new 10-year visa draws a pretty mild response

Land for foreign high flyers plan to be axed by cabinet as new 10-year visa draws a pretty mild response

November 7, 2022

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

Minister of the Interior General Anupong argues that there are other options for foreigners seeking to acquire property in Thailand and that the new 10-year… Read More ›

Emergency Room admissions for cannabis up 566% as parties call for it to again be criminalised

Emergency Room admissions for cannabis up 566% as parties call for it to again be criminalised

November 5, 2022

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

Spat between deputy prime ministers Anutin Charnvirakul and Jurin Laksanawisit over the issue as tensions mount. The Democrat Party and the opposition are adamant that… Read More ›

4 am Nightlife closing time pushed again by minister as TAT unveils deal to boost US tourists and flights

4 am Nightlife closing time pushed again by minister as TAT unveils deal to boost US tourists and flights

November 4, 2022

Culture, Economy, Personal, Thai World, Thailand:

Pilot study on the Bangla Road in Phuket carried out by the Ministry of Tourism and Sports shows that 2 am to 3 am is… Read More ›

Flight connectivity dogs tourism recovery as Immigration Bureau warns travellers of delays

Flight connectivity dogs tourism recovery as Immigration Bureau warns travellers of delays

November 2, 2022

Economy, Living, Personal, Thai World, Thailand:

An Immigration Bureau spokesman on Wednesday warned of longer waiting periods at arrivals with large numbers and tighter screening in advance of the Asia-Pacific Economic… Read More ›

Anger grows over land for foreigners plan as ex-MP says Thais may face a ban in upmarket areas

Anger grows over land for foreigners plan as ex-MP says Thais may face a ban in upmarket areas

November 1, 2022

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

Land purchase programme under the new long-term visa is now being backpedalled by the government with Deputy Prime Minister Wissanu Krea-ngam, on Tuesday, saying it… Read More ›

Pheu Thai opposes land for foreigners as industry leader warns of abuse from Chinese speculators 

Pheu Thai opposes land for foreigners as industry leader warns of abuse from Chinese speculators 

October 29, 2022

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

The government has been left reeling as opposition to its property for wealthy foreigners regulation rises with fears of abuses by wealthy Chinese investors as… Read More ›

Thai Economy to grow

Full steam ahead: Thailand’s economy on course for steady GDP growth in 2023 despite headwinds

October 28, 2022

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

The prospects for growth in 2023 will be driven primarily by foreign tourism with over 21 million tourists expected to arrive. The real problem that… Read More ›

Deputy Prime Minister Jurin reports higher than expected exports in September but a trade deficit

Deputy Prime Minister Jurin reports higher than expected exports in September but a trade deficit

October 26, 2022

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

Speaking on Monday, the minister reaffirmed his party’s opposition to the government’s marijuana bill. The deputy prime minister said the liberal availability of cannabis was… Read More ›

Cabinet approves land rights for rich foreigners as Thailand ramps up inward investment in 2022

Cabinet approves land rights for rich foreigners as Thailand ramps up inward investment in 2022

October 26, 2022

Economy, Foreigners, More News from Thailand, Thailand:

Prime Minister Prayut Chan ocha upbeat about the kingdom’s prospects as inward investment from foreign firms for the first 9 months showed a 57% improvement… Read More ›

Finance Ministry unveils green bonds as it seeks ฿900 billion for investment over four years

Finance Ministry unveils green bonds as it seeks ฿900 billion for investment over four years

October 25, 2022

Economy, Living, Personal, Thai World, Thailand:

Kingdom’s finances appear to be sound with a projected debt-to-GDP ratio in 2023 of 60.4% which is extremely prudent by international standards. The fact that… Read More ›

Thailand feels the pinch of lower tourism earnings as second ex-minister queries economic data

Thailand feels the pinch of lower tourism earnings as second ex-minister queries economic data

October 24, 2022

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

Former Deputy Minister of Labour warns that a continuation of the current trend with twin deficits would be bad news for the kingdom. Thailand’s Foreign… Read More ›

Prayut hails economic progress by his government but his path to reelection next summer is still unclear

Prayut hails economic progress by his government but his path to reelection next summer is still unclear

October 23, 2022

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

Political experts and commentators have been talking up the prospects of the Bhumjaithai Party as a ‘neutral’ actor on the receiving end of defections with… Read More ›

MP seeks probe into Thursday’s NBTC decision not to block the $7.5 billion DTAC True merger

MP seeks probe into Thursday’s NBTC decision not to block the $7.5 billion DTAC True merger

October 22, 2022

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

The decision on Thursday by the National Broadcasting and Telecommunications Commission (NBTC) not to block the huge merger between two key players in the Thai… Read More ›

Passengers to finally get refunds from high-flying Thai Airways still facing financial turbulence 

Passengers to finally get refunds from high-flying Thai Airways still facing financial turbulence 

October 21, 2022

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

It appears that the airline, kept alive by cargo freight income and the protection of the court through the pandemic emergency, has made substantial progress… Read More ›

Truss resigns as UK Prime Minister, the shortest-lived and most disastrous tenure in office ever

Truss resigns as UK Prime Minister, the shortest-lived and most disastrous tenure in office ever

October 20, 2022

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

Her replacement is expected to be unveiled in a week. Former chancellor Rishi Sunak is thought to be a key contender as is Penny Mordaunt… Read More ›

Travel to Thailand rebounding despite inflation and higher fares, now nearly 2 million a month

Travel to Thailand rebounding despite inflation and higher fares, now nearly 2 million a month

October 20, 2022

Economy, Foreigners, More News from Thailand, Thailand:

An 80% rise in energy costs in the United Kingdom and similar rises in Europe with inflation at a 40-year high may well be good… Read More ›

Amazon becomes a key investor in Thailand as cloud computer firm AWS sets up shop in Bangkok

Amazon becomes a key investor in Thailand as cloud computer firm AWS sets up shop in Bangkok

October 19, 2022

Economy, Personal, Thai World, Thailand:

There is no doubt that the US firm’s investment in Thailand through a new subsidiary firm is good news which will see Thailand become a… Read More ›

Bad news from Beijing with Xi’s rise, the prospect of war and a divided world have greatly grown

Bad news from Beijing with Xi’s rise, the prospect of war and a divided world have greatly grown

October 18, 2022

Economy, Personal, Politics, Thai World, Thailand:

Xi Jinping has presided since 2013 over a period of declining growth rates and the emergence of several great crises which have completely undermined confidence… Read More ›

Somkid: scrap submarines budget and spend less on flagship projects to boost grassroots economy

Somkid: scrap submarines budget and spend less on flagship projects to boost grassroots economy

October 17, 2022

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

On Monday, the Prime Minister’s Office welcomed last week’s report from the International Monetary Fund on the Thai economy which confirmed projected growth of 2.8%… Read More ›

Drugs showdown in the works bound to prompt memories of decisive 2003 crackdown by Thaksin government

Drugs showdown in the works bound to prompt memories of decisive 2003 crackdown by Thaksin government

October 17, 2022

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

The current campaign as well as being a response to Nong Bua Lamphu also comes after demands from other provinces around the country including Krabi… Read More ›

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