Economy

Social welfare scheme sees millions signed up for monthly handouts and easy access to small loans

Social welfare scheme sees millions signed up for monthly handouts and easy access to small loans

March 13, 2023

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

The programme approved by the cabinet in 2022 may prove to be a vote winner for the prime minister and his United Thai Nation (Ruam… Read More ›

China’s new foreign minister warns of certain US-Chinese war if Washington fails to reverse course

China’s new foreign minister warns of certain US-Chinese war if Washington fails to reverse course

March 10, 2023

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

Escalating war in Ukraine could trigger a Chinese grab for Taiwan as the United States turns the economic screws on Beijing and tries to engineer… Read More ›

Thai economic woes grow with a 10-year high trade deficit as January exports slumped by 4.5%

Thai economic woes grow with a 10-year high trade deficit as January exports slumped by 4.5%

March 2, 2023

Economy, Living, Personal, Thai World, Thailand:

Thailand finds itself still impacted by a global economic downturn which has left it too dependent on a rapid foreign tourism rebound assisted by China’s… Read More ›

Pheu Thai candidate in Bangkok says incomes have fallen by 2% since 2020 as economy is failing in the long run

Pheu Thai candidate in Bangkok says incomes have fallen by 2% since 2020 as economy is failing in the long run

February 23, 2023

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

Bangkok candidate for the main opposition party reminds voters that this election is about the economy and why change must come. Juthaphon Keturathorn calls for… Read More ›

Credit crunch as firms seek more bank loans with tightened lending criteria and recession fears

Credit crunch as firms seek more bank loans with tightened lending criteria and recession fears

February 18, 2023

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

Current liquidity problem in the industrial and manufacturing sector is coming amid buoyant hopes for foreign tourism with Thailand seeking to generate ฿1.3 trillion from… Read More ›

War with China is a rising spectre that must be confronted as US General predicts conflict by 2025

War with China is a rising spectre that must be confronted as US General predicts conflict by 2025

February 14, 2023

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

Thailand has in recent years hedged its bets by using the 10-nation ASEAN community as a shield. However, lately, some of its key members including… Read More ›

Volatile and expensive baht a problem for the economy, could be subject to speculative trading in the dollar

Volatile and expensive baht a problem for the economy, could be subject to speculative trading in the dollar

February 10, 2023

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

The government’s economic planners are nervously pouring over the numbers on the economy. This has already led to the 2022 growth figure being pared back… Read More ›

Thai Airways rakes in cash, may exit rehabilitation plan in 2024 with its SET shares relisted in 2025

Thai Airways rakes in cash, may exit rehabilitation plan in 2024 with its SET shares relisted in 2025

February 9, 2023

Economy, Living, Personal, Thai World, Thailand:

Bullish Chief Executive Officer Chai Eamsiri explains that the airline is on course to emerge from rehabilitation by the end of 2024. Volume continues to… Read More ›

Russia insists American Boeing aircraft flying to Thailand are safely maintained despite blowout

Russia insists American Boeing aircraft flying to Thailand are safely maintained despite blowout

February 7, 2023

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

Azur Air flight passengers were given food, refreshments and hotel accommodation before being flown home to Moscow on Sunday as technical experts looked at the… Read More ›

8% of Japanese firms in Thailand plan to move new business into the kingdom despite cost rises

8% of Japanese firms in Thailand plan to move new business into the kingdom despite cost rises

February 5, 2023

Economy, Personal, Thai World, Thailand:

Deputy Prime Minister Supattanapong Punmeechaow defends Thailand as a place to do business as it loses ground to Indonesia and Vietnam which maintain lower electricity… Read More ›

Confidence and trust in Thailand damaged by Chinese VIP tourist services advertised online

Confidence and trust in Thailand damaged by Chinese VIP tourist services advertised online

January 26, 2023

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

Problem facing Thai authorities relates to the new online world where discreet services can be advertised cheaply and effectively while the activities of Chinese tourists… Read More ›

FTI boss warns Thailand faces a more dangerous geopolitical world with potential Asian flashpoints

FTI boss warns Thailand faces a more dangerous geopolitical world with potential Asian flashpoints

January 25, 2023

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

Thailand finds itself, at this time, in a part of the world where geopolitical tensions are rising and are already adversely affecting its economy since… Read More ›

UK diver’s death on Ko Tao resurrects myth which is harmful to efforts to promote Thailand abroad

UK diver’s death on Ko Tao resurrects myth which is harmful to efforts to promote Thailand abroad

January 24, 2023

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

A long history of unfortunate deaths on a small island with a tightly knit community and a comparatively huge number of annual visitors may not… Read More ›

Siam Commercial Bank says it plans to open one of the first virtual banks in Thailand due in 2025

Siam Commercial Bank says it plans to open one of the first virtual banks in Thailand due in 2025

January 20, 2023

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

New virtual banking services are expected to offer cheaper and more inclusive banking products to customers who are currently not catered for by the existing… Read More ›

PM hails China and Saudi Arabia as friends of Thailand as he unveils the return of Chinese tour groups 

PM hails China and Saudi Arabia as friends of Thailand as he unveils the return of Chinese tour groups 

January 19, 2023

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

The comments by the prime minister about the closeness of the bond between China and Thailand are reminiscent of his Time magazine interview in 2017… Read More ›

Call for flexible visas to boost the economy as exports, output and business confidence falters

Call for flexible visas to boost the economy as exports, output and business confidence falters

January 19, 2023

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

Downturn in exports and manufacturing is filtering into the wider economy while the recovery of the foreign tourism industry is still a slow and ongoing… Read More ›

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 ›

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