Economy

Business calls for input on energy policy as cabinet agrees on ฿11 billion for electricity bill supports

Business calls for input on energy policy as cabinet agrees on ฿11 billion for electricity bill supports

April 28, 2023

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

Over the last few months, the business sector in Thailand has become openly critical of the government’s handling of the country’s electricity supply policy and… Read More ›

Bank of Thailand governor gives veiled warning to voters on the danger posed by populist policies

Bank of Thailand governor gives veiled warning to voters on the danger posed by populist policies

April 27, 2023

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

The Bank of Thailand is by statute independent of the government but reportedly works closely with the Prime Minister’s economic team including the Ministry of… Read More ›

Lights out for the PM’s chances as people get shocked by sky-high electricity bills in the post

Lights out for the PM’s chances as people get shocked by sky-high electricity bills in the post

April 25, 2023

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

The hot weather and the absence of subsidies have led to Thai voters receiving an unpleasant shock just weeks before they go to the polls.… Read More ›

Bangkok sends delegation to meet Myanmar’s pariah junta regime in its eerie capital Nay Pyi Taw

Bangkok sends delegation to meet Myanmar’s pariah junta regime in its eerie capital Nay Pyi Taw

April 24, 2023

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

Role of Bangkok concerning Myanmar is complex because of Thailand’s unique national interest in its western neighbour but the challenge is growing as the junta… Read More ›

Incoming tourism growth slows amid visas, airfares and attacks on Chinese nationals which have caused jitters

Incoming tourism growth slows amid visas, airfares and attacks on Chinese nationals which have caused jitters

April 24, 2023

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

Fitch Ratings already downgraded projected GDP growth for Thailand to 3% this year due to a sharp contraction in exports but even this was dependent… Read More ›

Chinese Foreign Minister tells world elite in Shanghai of a ‘new form of human advancement’ in China

Chinese Foreign Minister tells world elite in Shanghai of a ‘new form of human advancement’ in China

April 22, 2023

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

China is trying to reclaim its position as an economic juggernaut after its economic reopening and the scale of the ‘decoupling’ by international business becomes… Read More ›

Financial markets debt sell-off sending a signal to Thailand before the May 14th General Election

Financial markets debt sell-off sending a signal to Thailand before the May 14th General Election

April 20, 2023

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

Thailand’s industrial base has suffered with reduced export demand in the last six months caused by a range of factors including higher borrowing costs in… Read More ›

PM warns giveaway policies of some parties may be ‘bad karma’ for the country in the longer run

PM warns giveaway policies of some parties may be ‘bad karma’ for the country in the longer run

April 18, 2023

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

Comments from the PM come as the Pheu Thai Party makes a further submission to the Election Commission which is continuing to probe the funding… Read More ›

Economic recovery shaky despite strong foreign tourism as global economic outlook deteriorates

Economic recovery shaky despite strong foreign tourism as global economic outlook deteriorates

April 16, 2023

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

Rising bank deposits and lower borrowing activity are bad signs for the economic environment as a sharp deterioration in global economic outlook impinges on the… Read More ›

Songkran in full swing as Thailand prepares to welcome back long-haul visitors in large numbers

Songkran in full swing as Thailand prepares to welcome back long-haul visitors in large numbers

April 14, 2023

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

Thailand is set to welcome over 1.5 million Russian visitors this year as the Ukraine war, in one respect at least, has proved a boon… Read More ›

Thailand’s days of GDP growth in excess of 5% may be a thing of the past as it has grown too old

Thailand’s days of GDP growth in excess of 5% may be a thing of the past as it has grown too old

April 11, 2023

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

Population figures are not projections or predictions as we see with climate change but facts with a time lag of twenty years or so. Evidence… Read More ›

Pheu Thai’s ฿10k digital economic stimulus for all under fire as Election Commission opens probe into it

Pheu Thai’s ฿10k digital economic stimulus for all under fire as Election Commission opens probe into it

April 10, 2023

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

Pheu Thai was scrambling on Monday to shore up its vote-getting plan to advance ฿10,000 to each Thai citizen over 16 years of age, from… Read More ›

Srettha eyes top job and defends ฿10k spending wallet for over 16s just unveiled as a Pheu Thai policy

Srettha eyes top job and defends ฿10k spending wallet for over 16s just unveiled as a Pheu Thai policy

April 8, 2023

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

On Monday 14th, the day of the General Election, Pheu Thai’s national executive will meet to select its primary nominee to be put before parliament… Read More ›

Recession fears rise as growth projections are cut and export output continues to decline in 2023

Recession fears rise as growth projections are cut and export output continues to decline in 2023

April 5, 2023

Economy, Personal, Thai World, Thailand:

Thailand’s current account in the last three years tells the story of an economy that has seen a structural change since the closure of the… Read More ›

Economy faces export clogs with rules in China and ‘green imperialism’ from European Union 

Economy faces export clogs with rules in China and ‘green imperialism’ from European Union 

March 29, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand has a strong banking system, inflation well under control and a recovering foreign tourism industry which is keeping the economy on course this year… Read More ›

Good news on foreign investment at the start of 2023 fails to mask stunted competitiveness issue for economy

Good news on foreign investment at the start of 2023 fails to mask stunted competitiveness issue for economy

March 26, 2023

Economy, Personal, Thai World, Thailand:

With an election called this week, the prime minister told reporters that he was particularly proud of tens of billions in foreign investment into advanced… Read More ›

Fear-mongering, fake news and disinformation being stoked in China against visiting Thailand

Fear-mongering, fake news and disinformation being stoked in China against visiting Thailand

March 24, 2023

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

Thai officials through the Royal Thai Embassy in Beijing were forced this week to issue a reassurance to potential Chinese visitors to the country regarding… Read More ›

Business leaders praise election clarity but survey shows anxiety about threat of political instability

Business leaders praise election clarity but survey shows anxiety about threat of political instability

March 23, 2023

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

Growing speculation that the current Prime Minister, Prayut Chan ocha, may take a seat in the House of Representatives for the United Thai Nation (Ruam… Read More ›

Vital European Union free trade deal with Thailand with stiff demands from Brussels to take time

Vital European Union free trade deal with Thailand with stiff demands from Brussels to take time

March 16, 2023

Economy, Personal, Thai World, Thailand:

The European Commission this week spoke of an ‘ambitious’ free trade deal with ‘sustainability’ at its core. This particular trade pact is a key one… Read More ›

Thailand’s financials are sound but the economy is exposed if another world banking crisis emerges

Thailand’s financials are sound but the economy is exposed if another world banking crisis emerges

March 15, 2023

Economy, Living, Personal, Thai World, Thailand:

The impact of the financial crisis in 2008, although not directly impacting Thailand, did result in a disruption to investment patterns which saw ฿500 billion… Read More ›

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