Economy

Fears for Thailand’s economy over Ukraine war with rising inflation rates and loss of confidence

Fears for Thailand’s economy over Ukraine war with rising inflation rates and loss of confidence

March 4, 2022

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

Thai exporters say that shipments will be off by between $4 billion and $5 billion by the end of June. At the same time, the… Read More ›

Thailand votes on the right side of history in UN deploring Russian military action in Ukraine 

Thailand votes on the right side of history in UN deploring Russian military action in Ukraine 

March 3, 2022

Economy, Personal, Politics, Thai World, Thailand:

The vote came after heightened diplomatic representations by western ambassadors this week to the Thai Ministry of Foreign Affairs in Bangkok and what is reported… Read More ›

Thailand should move more towards a circular economy as the country faces intractable hurdles

Thailand should move more towards a circular economy as the country faces intractable hurdles

February 25, 2022

Economy, Personal, Thai World, Thailand:

Economic concept advocated this week by the World Bank chief has similarities to the sufficiency economy concept proposed by King Bhumibol Adulyadej in 1997 and… Read More ›

Thailand moving to scrap all tourist restrictions this year once the Covid virus is declared endemic

Thailand moving to scrap all tourist restrictions this year once the Covid virus is declared endemic

February 24, 2022

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

In recent days, the National Economic and Social Development Council (NESDC) has revised its projection for foreign tourists this year from 5 million to 5.5… Read More ›

Minister signals a move to resurrect a national internet gateway and stronger online controls

Minister signals a move to resurrect a national internet gateway and stronger online controls

February 22, 2022

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

The move is coming at a time when support for the government has hit a low ebb with a poll published last weekend showing that… Read More ›

Opposition targets Test and Go for spreading the virus as government insists on endemic status 

Opposition targets Test and Go for spreading the virus as government insists on endemic status 

February 15, 2022

Economy, Personal, Politics, Thai World, Thailand:

Minister of Tourism and Sports Phiphat Ratchakitprakarn has also announced the postponement of the foreign tourist levy from April to June although the plans to… Read More ›

Bank of Thailand intervenes with PayPal snared in yet another regulatory tangle in the kingdom

Bank of Thailand intervenes with PayPal snared in yet another regulatory tangle in the kingdom

February 12, 2022

Economy, Living, Personal, Thai World, Thailand:

The popular payment platform is in crisis mode in Thailand as it scrambles to meet demanding regulatory requirements and pursue a relaunch of its service… Read More ›

Inflation forces expected to recede in 2022 with a final annual figure projected at under 2.5%

Inflation forces expected to recede in 2022 with a final annual figure projected at under 2.5%

February 5, 2022

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

A need to raise interest rates in the United States, coming at a time when Thailand’s economy is short on liquidity with a record level… Read More ›

Wealthy foreigners to own small landholdings associated with homes here agreed in principle

Wealthy foreigners to own small landholdings associated with homes here agreed in principle

February 1, 2022

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

This important step is part of a wider programme to attract more foreigners to Thailand to live. However, the government is also determined that these… Read More ›

China’s Belt and Road now knocks on Thailand’s door to the north but is the kingdom on board?

China’s Belt and Road now knocks on Thailand’s door to the north but is the kingdom on board?

January 27, 2022

Economy, Personal, Thai World, Thailand:

The high-speed rail link for which a contract was signed between the State Railway of Thailand and four Chinese firms on March 29th 2021 is… Read More ›

Prayut visits Saudi Arabia to meet kingdom’s de facto ruler Crown Prince Mohammad bin Salman

Prayut visits Saudi Arabia to meet kingdom’s de facto ruler Crown Prince Mohammad bin Salman

January 24, 2022

Economy, Personal, Politics, Thai World, Thailand:

Cabinet meeting held early this week as PM’s impromptu visit to Saudi Arabia was announced by Government House officials on Sunday. The visit by Thailand’s… Read More ›

Party leader: Thailand could be losing trillions of baht each year because of its highly restrictive gambling laws

Party leader: Thailand could be losing trillions of baht each year because of its highly restrictive gambling laws

January 21, 2022

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

In the last week, Mr Chutchawan Kong-u-dom has highlighted the economic imperative of liberalising Thailand’s gambling laws dominated by the 1935 Gambling Act to allow… Read More ›

Test and Go ready for take off again but this time with added baggage including a second PCR test

Test and Go ready for take off again but this time with added baggage including a second PCR test

January 20, 2022

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

News that Ministry of Public Health officials including Minster Anutin Charnvirakul supported the move to restart ‘Test and Go’ this week sparked speculation in the… Read More ›

First Omicron death as opinion poll results show public in favour of strong public health measures

First Omicron death as opinion poll results show public in favour of strong public health measures

January 17, 2022

Economy, Foreigners, More News from Thailand, Thailand:

Opinion poll shows the public still supports strict public health regulation and screening of incoming foreign tourists. It comes as the Ministry of Public Health… Read More ›

PM orders a re-evaluation of the balance between public health and economy as Omicron fears ease

PM orders a re-evaluation of the balance between public health and economy as Omicron fears ease

January 15, 2022

Economy, Personal, Thai World, Thailand:

There are signals that the doors to foreign tourism may be reopened again in the coming weeks if not then in the second quarter as… Read More ›

By-election polls amid a weak economy and rising food prices may mean a 2023 General Election

By-election polls amid a weak economy and rising food prices may mean a 2023 General Election

January 14, 2022

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

The contest between the Democrat Party, Thailand’s oldest and the relatively new Palang Pracharat Party in the southern provinces of Chumphon and Songkhla, both working… Read More ›

Pandemic drawing to a close, senior public health official says growing Omicron strain is harmless

Pandemic drawing to a close, senior public health official says growing Omicron strain is harmless

January 11, 2022

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

The speed at which Omicron is spreading as well as its more benign clinical outcomes could be the game-changer that brings an end to this… Read More ›

GDP fall for Thailand’s flagship Eastern Economic Corridor project since the COVID-19 crisis began

GDP fall for Thailand’s flagship Eastern Economic Corridor project since the COVID-19 crisis began

January 10, 2022

Economy, Personal, Politics, Thai World, Thailand:

The Eastern Economic Corridor (EEC) is a project conceived and launched by a law pushed by the junta government from 2016 to 2018. It is… Read More ›

Top official describes the popular ‘Test and Go’ entry as a loophole exposing Thailand to Omicron

Top official describes the popular ‘Test and Go’ entry as a loophole exposing Thailand to Omicron

January 8, 2022

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

The Centre for Covid-19 Situation Administration (CCSA) on Friday did not go as far as public health officials had demanded by banning alcohol sales nationwide.… Read More ›

Tourism business owners think the unthinkable, the Omicron storm may bring with it good news over time

Tourism business owners think the unthinkable, the Omicron storm may bring with it good news over time

January 6, 2022

Economy, Living, Personal, Thai World, Thailand:

The ‘Test and Go’ entry regime was not even given a hearing this week as senior public health officials simply dismissed the prospect of reviewing… Read More ›

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