Economy

Drinks giant Thai Beverage to resume expansion with Singapore IPO for Asean regional beer operation

Drinks giant Thai Beverage to resume expansion with Singapore IPO for Asean regional beer operation

February 7, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Latest move sees the huge Thai drinks conglomerate move to power faster and deeper expansion in ASEAN and Southeast Asia to tap into a growing… Read More ›

Refloat of foreign tourism in the 2nd half of 2021 with vaccines pushed by minister and industry for the sector

Refloat of foreign tourism in the 2nd half of 2021 with vaccines pushed by minister and industry for the sector

February 7, 2021

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

Determined plan being pushed by the Phuket Tourist Association on the holiday island to vaccinate 70% of the population itself using the Sinovac vaccine from… Read More ›

Super startup Bitkub suffers another setback with SEC order barring it from opening new accounts

Super startup Bitkub suffers another setback with SEC order barring it from opening new accounts

February 6, 2021

Economy, Media, Personal, Thai World, Thailand:

The firm, led by dynamic CEO Jirayut Srupsrisopa, expanded by 1000% in 2020 and another 1000% in the opening weeks of 2021 reaching trading volumes… Read More ›

Baht losing against the dollar as vaccination success hopes in the United States grow stronger

Baht losing against the dollar as vaccination success hopes in the United States grow stronger

February 5, 2021

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

There may soon be even more pressure on the Thai government to push for a speedier vaccine drive. So far, the government of Prayut Chan… Read More ›

Public Health minister suggests the kingdom’s vaccination plans are not tied to vaccine production here

Public Health minister suggests the kingdom’s vaccination plans are not tied to vaccine production here

February 5, 2021

Economy, Personal, Politics, Thai World, Thailand:

Change of tack: the comments by the Deputy Prime Minister had a different emphasis from those of Dr Sophon Mekthon, the Chairman of the vaccination… Read More ›

Key bank committee votes to keep interest rates steady but warns of economic risks short-term

Key bank committee votes to keep interest rates steady but warns of economic risks short-term

February 4, 2021

Economy, Foreigners, More News from Thailand, Thailand:

A top official with Standard Chartered Bank in Thailand agreed there was no need to move on interest rates now but felt it may still… Read More ›

Top boss Heinecke: vaccines the ‘single ray of hope’ for the country’s battered tourism sector

Top boss Heinecke: vaccines the ‘single ray of hope’ for the country’s battered tourism sector

February 3, 2021

Economy, Foreigners, More News from Thailand, Thailand:

In a two page letter sent to the Prime Minister’s Office in Bangkok last Thursday, the American-born businessman, one of the kingdom’s most successful executives,… Read More ›

US and UK show a way to end vaccine nightmare says top doctor urging vaccination for ‘herd immunity’

US and UK show a way to end vaccine nightmare says top doctor urging vaccination for ‘herd immunity’

February 3, 2021

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

Thailand now appears ready to go all-in on a vaccine programme while the AstraZeneca vaccine still remains the only approved jab. This week, the Chairman… Read More ›

Minister positive about the kingdom’s finances and economy as it weathers the Covid-19 storm

Minister positive about the kingdom’s finances and economy as it weathers the Covid-19 storm

February 1, 2021

Economy, Personal, Politics, Thai World, Thailand:

Underlying figures for the economy in December 2020 were quite positive and showed recovering economic momentum despite the setback of the 2nd wave which hit… Read More ›

Military coup in Myanmar. Aung San Suu Kyi held with scores of leading political figures arrested by troops 

Military coup in Myanmar. Aung San Suu Kyi held with scores of leading political figures arrested by troops 

February 1, 2021

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

The United States, through White House spokesperson Jen Psaki, has issued a stern warning to the coup makers saying it will ‘take action’ unless civilian… Read More ›

Thanathorn ordered by a court to erase vaccine comments online as a danger to national security

Thanathorn ordered by a court to erase vaccine comments online as a danger to national security

February 1, 2021

Economy, Personal, Politics, Thai World, Thailand:

The latest move against Thanathorn Juangroongruangkit highlights the critical and sensitive nature of the country’s vaccination programme, at this time, as well as ongoing concern… Read More ›

Covid-19 vaccination plan to proceed in February although timescales are have not been made clear yet

Covid-19 vaccination plan to proceed in February although timescales are have not been made clear yet

January 31, 2021

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

Polls on Sunday show the public is sceptical. 83% are worried about the potential side effects. Uncertainty also abounds about the timeline to complete the… Read More ›

Call from Washington hints at a bigger role in US foreign policy plans in the Asia Pacific region

Call from Washington hints at a bigger role in US foreign policy plans in the Asia Pacific region

January 31, 2021

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

Deputy Prime Minister Don Pramudwinai is confident of an improved US Thai relationship after a phone conversation last Thursday with newly confirmed Secretary of State… Read More ›

Go-ahead – stranded foreign tourists to stay until May 30th with new visa order signed by Immigration Chief

Go-ahead – stranded foreign tourists to stay until May 30th with new visa order signed by Immigration Chief

January 30, 2021

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

Flexible approach from the Immigration Bureau will be welcomed by foreign tourists still here since before April 2020. However, the need to be circumspect and… Read More ›

฿4,000 payouts for social security workers in the private sector being worked on by the government

฿4,000 payouts for social security workers in the private sector being worked on by the government

January 29, 2021

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

The scheme is backed by the Prime Minister Prayut Chan ocha who has expressed concern for 11 million workers, many working in hotels in the… Read More ›

Finance Ministry slashes 2021 growth outlook due to Covid-19 and dormant foreign tourism sector since last year

Finance Ministry slashes 2021 growth outlook due to Covid-19 and dormant foreign tourism sector since last year

January 29, 2021

Economy, More News from Thailand, Personal, Thai World, Thailand:

The Thai government has reacted skillfully to the second wave with targeted controls in zones of infection and timely initiatives to support the less well… Read More ›

Thai Airways seeks a second and last extension to file its survival plan with the Bankruptcy Court on March 3rd

Thai Airways seeks a second and last extension to file its survival plan with the Bankruptcy Court on March 3rd

January 28, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Rejection of the plan either by the court or creditors could see Thai Airways lose its court protected status. This would leave it at the… Read More ›

Thailand’s vaccination programme will not be complete until the end of 2022 says Health Minister Anutin

Thailand’s vaccination programme will not be complete until the end of 2022 says Health Minister Anutin

January 27, 2021

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

A Super Poll survey in recent days shows the public firmly behind the government and in stout agreement with the legal action being taken against… Read More ›

Cabinet eases the burden on struggling firms as tourism sector warns another million jobs will go

Cabinet eases the burden on struggling firms as tourism sector warns another million jobs will go

January 27, 2021

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

Cabinet decision this week on reduced social security fund contributions for firms in Thailand for February and March. It falls far short of the wish… Read More ›

Fact – only 6,556 visitors arrived in Thailand last month compared to 3.95 million in December 2019

Fact – only 6,556 visitors arrived in Thailand last month compared to 3.95 million in December 2019

January 26, 2021

Economy, Foreigners, More News from Thailand, Thailand:

Government battling on all fronts to tame the latest virus wave while the loss of foreign tourism income has begun to bite even harder as… Read More ›

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