Economy

Thai Airways to refloat on Stock Exchange in June 2025 with a renewed mission as national carrier

Thai Airways to refloat on Stock Exchange in June 2025 with a renewed mission as national carrier

October 5, 2024

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

Thai Airways plans to relist on the Stock Exchange of Thailand in June 2025, following its exit from rehabilitation. CEO Chai Eamsiri outlines ambitious expansion,… Read More ›

European Union votes to impose steep tariffs on imported Chinese cars. Germany stands to lose out

European Union votes to impose steep tariffs on imported Chinese cars. Germany stands to lose out

October 5, 2024

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

EU’s new tariffs on Chinese EVs threaten Germany’s trade ties with China. Germany’s Chancellor Olaf Scholz faces mounting pressure as his country, a major exporter,… Read More ›

Transport Minister orders report on bribery allegations in the US relating to junkets and Massage Parlours

Transport Minister orders report on bribery allegations in the US relating to junkets and Massage Parlours

October 4, 2024

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

Transport Minister Suriya Jungrungreangkit has launched an inquiry after Deere admitted to bribery and corruption in Thailand, involving cash, lavish trips, and massages for officials.… Read More ›

Google invests $1 billion in Thailand as the Pheu Thai-led government’s digital economy dream takes shape

Google invests $1 billion in Thailand as the Pheu Thai-led government’s digital economy dream takes shape

October 2, 2024

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

Google commits $1 billion to Thailand, marking its first data centre investment in the kingdom. Prime Minister Paetongtarn highlights the digital economy’s potential to reduce… Read More ›

Business debt in Thailand is now nearly as high as household debt as manufacturing faces contraction

Business debt in Thailand is now nearly as high as household debt as manufacturing faces contraction

October 1, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s economy faces a crisis as business debt soars to 87.6% of GDP, nearing household debt levels, while manufacturing contracts. Struggling firms brace for the… Read More ›

Finance Minister to meet Bank of Thailand boss. Seeks a revised inflation and interest rate policy for growth

Finance Minister to meet Bank of Thailand boss. Seeks a revised inflation and interest rate policy for growth

September 29, 2024

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

Finance Minister Pichai Chunhavajira is set to meet with Bank of Thailand Governor Sethaput Suthiwatanaruput to discuss inflation and interest rates. As the baht appreciates,… Read More ›

Exports boomed in August. Ministry of Commerce confirmed a 7% rise as the world’s economy improved

Exports boomed in August. Ministry of Commerce confirmed a 7% rise as the world’s economy improved

September 28, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s exports surged 7% in August as global markets recovered, but concerns have arisen over a stronger baht and flooding. Exporters warn the baht’s rapid… Read More ›

Markets rally on reports China’s politburo may move to reflate its troubled economy with stimulus

Markets rally on reports China’s politburo may move to reflate its troubled economy with stimulus

September 27, 2024

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

China’s plans to reflate its economy lift global markets, sparking rallies in Chinese stocks and boosting the Thai baht. However, analysts warn that without clearer… Read More ›

Strong money inflows drive baht upwards. Business leaders warn it is time for urgent central bank action

Strong money inflows drive baht upwards. Business leaders warn it is time for urgent central bank action

September 27, 2024

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

Thai baht rockets 12.5% against USD as foreign inflows surge. Business leaders urge central bank action to protect exports, tourism, and the economy from losses… Read More ›

Thailand’s most needy, parched for cash, receive some respite as Digital Wallet initiative pays out at ATMs

Thailand’s most needy, parched for cash, receive some respite as Digital Wallet initiative pays out at ATMs

September 26, 2024

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

Thailand’s Digital Wallet cash hits bank accounts as over 3 million people receive ฿10,000, offering relief to many struggling families. But reports of creditors targeting… Read More ›

Italian Industry minister calls out the madness of the European Union’s Green Deal plan on EV cars

Italian Industry minister calls out the madness of the European Union’s Green Deal plan on EV cars

September 26, 2024

Economy, Living, Personal, Thai World, Thailand:

Italy’s Industry Minister warns the EU’s Green Deal combustion engine ban threatens Europe’s automotive industry, risking mass job losses. Weak EV demand, costly vehicles, and… Read More ›

Plan to bring Grab drivers and sex workers into the tax net with a bill to be laid before parliament in months

Plan to bring Grab drivers and sex workers into the tax net with a bill to be laid before parliament in months

September 25, 2024

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

The Thai government plans to bring Grab drivers and sex workers into the tax system with a new welfare bill aiming to include freelancers in… Read More ›

2nd Trump term would spell a massive shift by the US towards protectionism. It’s called Maganomics

2nd Trump term would spell a massive shift by the US towards protectionism. It’s called Maganomics

September 24, 2024

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

Trump’s economic agenda, “Maganomics,” promises a massive protectionist shift for the U.S., risking global tensions and trade wars. Critics warn his aggressive tariffs and isolationist… Read More ›

Finance Minister wants to raise Thailand’s level of inflation. Proposes talks with Bank of Thailand

Finance Minister wants to raise Thailand’s level of inflation. Proposes talks with Bank of Thailand

September 23, 2024

Economy, Foreigners, More News from Thailand, Thailand:

Finance Minister Pichai proposes raising Thailand’s inflation rate in talks with the central bank, warning that prolonged low inflation could risk a systemic economic crisis.… Read More ›

US Federal Reserve rate cut piles pressure on Bank of Thailand and its governor who is holding firm

US Federal Reserve rate cut piles pressure on Bank of Thailand and its governor who is holding firm

September 21, 2024

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

Governor Sethaput Suthiwartnarueput warns against hasty interest rate cuts. The central bank boss emphasises financial stability over government demands. It comes amid rising tensions. Mr… Read More ›

New 6-country tourist visa planned by the Foreign Ministry as well as Electronic Travel Authorisation

New 6-country tourist visa planned by the Foreign Ministry as well as Electronic Travel Authorisation

September 20, 2024

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

Thailand is working on a new 6-country tourist visa plan covering Cambodia, Laos, Myanmar, Vietnam, and Malaysia, plus a new Electronic Travel Authorization (ETA) system.… Read More ›

New Electronic Travel Authorisation (ETA) system coming soon with a ฿300 tourist levy and insurance

New Electronic Travel Authorisation (ETA) system coming soon with a ฿300 tourist levy and insurance

September 19, 2024

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

Thailand launches a new tourist entry portal with ฿300 levy and automatic insurance planned. ETA system is coming soon to boost security and streamline the… Read More ›

Bank of Thailand boss: current economic thinking only benefits the large Thai business concerns

Bank of Thailand boss: current economic thinking only benefits the large Thai business concerns

September 18, 2024

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

Bank of Thailand boss clashes with the government, saying current economic policies only benefit big businesses while household debt soars. He warns against GDP obsession… Read More ›

Outrage at Teacher Ben’s fate leads to corruption probe in Sa Kaeo over shifty civil service exam goes awry 

Outrage at Teacher Ben’s fate leads to corruption probe in Sa Kaeo over shifty civil service exam goes awry 

September 18, 2024

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

Teacher Ben’s civil service exam victory vanishes amid corruption probe. A young teacher’s first-place result in Sa Kaeo disappears. As officials demand silence, investigations and… Read More ›

Commerce Minister Pichai tears into the Bank of Thailand as the baht strengthens against the US dollar

Commerce Minister Pichai tears into the Bank of Thailand as the baht strengthens against the US dollar

September 17, 2024

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

Commerce Minister Blasts Bank of Thailand: Strong Baht is killing Exporters. Minister Pichai demands interest rate cuts to rescue the economy from a credit crunch… Read More ›

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