Economy

Minister urged not to be afraid to borrow in 2021 as fears grow for a quick foreign tourism revival

Minister urged not to be afraid to borrow in 2021 as fears grow for a quick foreign tourism revival

March 7, 2021

Economy, Personal, Thai World, Thailand:

Thailand’s Finance Minister said on Wednesday that 2.8% growth, itself dependent on a return of foreign tourists in large numbers in 2021, was not adequate… Read More ›

Officials not sure about vaccine passports with new plans to revive the economy through tourism

Officials not sure about vaccine passports with new plans to revive the economy through tourism

March 4, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Prime Minister Prayut Chan ocha ordered a study by the Ministry of Foreign Affairs this week into what he accepted was an issue with divergent… Read More ›

Thai Airways still requires borrowed time and money as firm submits survival plan to the bankruptcy court

Thai Airways still requires borrowed time and money as firm submits survival plan to the bankruptcy court

March 3, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Acting President, Chansin Treenuchagron, confirmed Thai Airways currently has debts of ฿410 billion owed to over 13,000 creditors. The airline, which still has 21,000 staff… Read More ›

Minister defers to WHO on tourism vaccine passports despite its clearly stated opposition to them at this time

Minister defers to WHO on tourism vaccine passports despite its clearly stated opposition to them at this time

March 2, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Vaccine passports, the key to reopening Thailand to foreign tourism, are a fast-rising issue on the political and economic agenda as the world’s airline and… Read More ›

Vaccination campaign begins in early morning jab event but hopes for more foreign tourists set back

Vaccination campaign begins in early morning jab event but hopes for more foreign tourists set back

February 28, 2021

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

100,000 doses have been reserved for foreign tourist provinces to be given to those working in the tourism and hospitality sector. However, it appears these… Read More ›

Officials work on asset warehouse plan to relaunch the tourism industry in tandem with reopening

Officials work on asset warehouse plan to relaunch the tourism industry in tandem with reopening

February 27, 2021

Economy, Personal, Thai World, Thailand:

Plan to save viable tourism concerns involving soft loans and asset parking which must happen in tandem with the reopening of Thailand’s borders. Most analysts… Read More ›

Economy to rebound as the year progresses driven by exports and a return of mass foreign tourism

Economy to rebound as the year progresses driven by exports and a return of mass foreign tourism

February 26, 2021

Economy, Personal, Thai World, Thailand:

A Deputy spokesman at the Finance Ministry on Wednesday maintained Thailand will welcome not less than 5 million tourists this year and predicted a baseline… Read More ›

Top virologist urges Thais to embrace vaccines as the road back to normal with first doses flying in this week

Top virologist urges Thais to embrace vaccines as the road back to normal with first doses flying in this week

February 23, 2021

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

Most Thai people are adamant that foreigners must be vaccinated while a combined 57.44% think it should be free to expats who pay taxes in… Read More ›

Thailand to reopen to ‘big fish’ tourists as a cryptocurrency friendly haven says promotion agency boss

Thailand to reopen to ‘big fish’ tourists as a cryptocurrency friendly haven says promotion agency boss

February 21, 2021

Economy, Living, Personal, Thai World, Thailand:

Tourism Authority of Thailand Governor, Yuthasak Supasorn, was speaking after a meeting with a technology association promoting closer ties between the kingdom and Japan. He… Read More ›

Industry leaders and central bank all warn that foreign tourism must return to avoid a collapse

Industry leaders and central bank all warn that foreign tourism must return to avoid a collapse

February 19, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Uncertainty looms as the Thai government, like its counterparts across the world, is facing an economic crisis that is growing with economic projections for GDP… Read More ›

Plan to extend quarantine to 21 days for African travellers to deal with the new, resistant South African strain

Plan to extend quarantine to 21 days for African travellers to deal with the new, resistant South African strain

February 17, 2021

Economy, Living, Personal, Thai World, Thailand:

Public health officials are determined to keep the South African variant of Covid-19 out. Reports from the UK say researchers and scientists working with the… Read More ›

PM plays clips to parliament to defend himself against media ‘distortion’ of gambling claims

PM plays clips to parliament to defend himself against media ‘distortion’ of gambling claims

February 17, 2021

Economy, Personal, Politics, Thai World, Thailand:

‘To those who accused me of receiving benefits, I insist that I never received a single baht. I don’t want any involvement with dirty money.… Read More ›

Tragic death of a beauty queen and two others in a road accident near Khon Kaen University is a loss

Tragic death of a beauty queen and two others in a road accident near Khon Kaen University is a loss

February 16, 2021

Economy, Living, Personal, Thai World, Thailand:

Ms Monchanit was runner up as Miss Thailand in 2019 and was in her final year as a science student at Khon Kaen University. The… Read More ›

Door closing on quick foreign tourism return as economic recovery is delayed to the end of 2022

Door closing on quick foreign tourism return as economic recovery is delayed to the end of 2022

February 15, 2021

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

Thai economic planners are still hoping for mass foreign tourism to return in the last quarter of 2021 but the projected numbers for visitors are… Read More ›

Thailand- the first large country with a fertility problem yet without wealth to easily fund healthcare for the old

Thailand- the first large country with a fertility problem yet without wealth to easily fund healthcare for the old

February 14, 2021

Economy, Foreigners, More News from Thailand, Thailand:

The kingdom’s economy will have to begin adapting its stance to cope with more old people and less working adults while still remaining a relatively… Read More ›

Thailand’s online VAT tax ready to fall on online US giants as the OECD calls for a global solution

Thailand’s online VAT tax ready to fall on online US giants as the OECD calls for a global solution

February 12, 2021

Economy, Media, Personal, Thai World, Thailand:

France faced the threat of retaliatory tariffs placed on its wine by the US over its digital tax under Trump but the current US President… Read More ›

Phuket’s plan to self vaccinate on hold as Interior Ministry orders private sector out of vaccine deals

Phuket’s plan to self vaccinate on hold as Interior Ministry orders private sector out of vaccine deals

February 11, 2021

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

On Tuesday, the Minister of Public Health Anutin Charnvirakul made it clear that no vaccine firm will deal with either local authorities or business interests… Read More ›

Thai Airways seeking business rehabilitation plan that has the unanimous support of it’s creditors

Thai Airways seeking business rehabilitation plan that has the unanimous support of it’s creditors

February 9, 2021

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

Thailand’s Deputy Prime Minister Wissanu Krea-ngam has oversight of a government committee monitoring the progress of the board of Thai Airways International as it seeks… Read More ›

Small bomb devices explode outside the Myanmar embassy in Bangkok as anti-coup protests grow in Yangon

Small bomb devices explode outside the Myanmar embassy in Bangkok as anti-coup protests grow in Yangon

February 9, 2021

Economy, Personal, Politics, Thai World, Thailand:

Bomb blast in Bangkok comes as the military in Myanmar work to embed their position amid growing resistance on the streets but also desperate calls… Read More ›

Top Thai official says vaccine passports are legally a matter for the WHO under international law

Top Thai official says vaccine passports are legally a matter for the WHO under international law

February 8, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Pragmatic assessment by the man tasked with fighting Covid-19 in Thailand as he emphasised the significance of the World Health Organisation in reopening global borders… Read More ›

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