Economy

Pragmatic economic policy aims to keep things ticking over until exports and tourism reawaken in 2021

Pragmatic economic policy aims to keep things ticking over until exports and tourism reawaken in 2021

August 24, 2020

Economy, Personal, Politics, Thai World, Thailand:

New Deputy Prime Minister with oversight of the economy has also signalled a rethink on the sort of industry Thailand is seeking for the Eastern… Read More ›

Tourism is coming back to Phuket with a wave of visitors expected from October in a surprising move

Tourism is coming back to Phuket with a wave of visitors expected from October in a surprising move

August 22, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The breakthrough may turn Phuket from a ghost town into a boomtown in October as many foreigners from around the world waiting outside Thailand’s closed… Read More ›

Business, economic experts call for less emphasis on tourism and exports with higher taxation levels at home

Business, economic experts call for less emphasis on tourism and exports with higher taxation levels at home

August 19, 2020

Economy, Personal, Politics, Thai World, Thailand:

Prime Minister Prayut Chan ocha, in an appeal for unity in the face of economic adversity last week, highlighted as a key reason for the… Read More ›

Shares slump as Bangkok court sets two hearing dates to consider Thai Airways restructuring plan in full

Shares slump as Bangkok court sets two hearing dates to consider Thai Airways restructuring plan in full

August 18, 2020

Economy, Foreigners, More News from Thailand, Thailand:

On Friday 14th August, the firm’s auditors, Deloitte Touche Tohmatsu Jaiyos, declined to sign off on the airline’s accounts to June 30th citing concerns about… Read More ›

Top doc wants a halt to all foreigners entering Thailand again warning of a 2nd virus breakout due to the influx

Top doc wants a halt to all foreigners entering Thailand again warning of a 2nd virus breakout due to the influx

August 15, 2020

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

New Economic Centre established this week and plans to be put forward by the Minister of Public Health to build a vaccine factory show Thailand… Read More ›

Official says tourists will have to wait until at least after February 2021 to return to Thailand normally

Official says tourists will have to wait until at least after February 2021 to return to Thailand normally

August 13, 2020

Economy, Personal, Thai World, Thailand:

On Wednesday, the Director-General of the Civil Aviation Authority of Thailand also told the media the ban on incoming flights and access to Thailand was… Read More ›

Expats banned and then unbanned from Bangkok Midnight Marathon as Thailand’s tourism industry crumbles

Expats banned and then unbanned from Bangkok Midnight Marathon as Thailand’s tourism industry crumbles

August 8, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The gaffe this weekend by the Bangkok Midnight Marathon can be explained by a growing fear in Thailand towards expats driven by the Covid 19… Read More ›

New cabinet lineup in Royal Gazette but economic damage now extending into parts of the property market

New cabinet lineup in Royal Gazette but economic damage now extending into parts of the property market

August 6, 2020

Economy, Personal, Politics, Thai World, Thailand:

The Thai government is heavily constrained in its ability to manage this economic challenge driven by a lengthening range of negative factors such as Covid… Read More ›

Warning signs in new banking and employment reports as virus crisis hits Thailand’s bottom line hard

Warning signs in new banking and employment reports as virus crisis hits Thailand’s bottom line hard

August 2, 2020

Economy, Living, Personal, Thai World, Thailand:

With Thailand’s foreign tourism sector closed and stasis at the top driven by virus fears, the economy’s industrial and domestic base is also being ravaged.… Read More ›

Cabinet reshuffle with six new ministers sent for the King’s approval this week by Prime Minister

Cabinet reshuffle with six new ministers sent for the King’s approval this week by Prime Minister

August 1, 2020

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

New lineup sees only two sitting Palang Pracharat MPs and one ex-MP elevated to a ministerial role. It is also coming at a time of… Read More ›

Facebook under investigation over translation blunder as minister criticises the social network

Facebook under investigation over translation blunder as minister criticises the social network

July 31, 2020

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

Minister for Digital Economy and Society, Buddhipongse Punnakanta, criticised Facebook this week for offering ‘little cooperation’ to Thai authorities in removing material requested under current… Read More ›

Lowering of US flag in Chengdu is a wake-up call for foreigners living in Thailand and with close ties here

Lowering of US flag in Chengdu is a wake-up call for foreigners living in Thailand and with close ties here

July 28, 2020

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

The escalating tensions between the US and China are now at unprecedented levels. It is time for foreigners in Thailand and those with ties to… Read More ›

June export figures show a 23% decline on last year but the economy will recover by end of 2021

June export figures show a 23% decline on last year but the economy will recover by end of 2021

July 24, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Dismal set of figures from the Ministry of Commerce on exports just adds to the economic woes facing the Prime Minister’s proposed new economic team… Read More ›

44-year-old pervert to appear on kidnapping and murder charges following street attack in Bangkok

44-year-old pervert to appear on kidnapping and murder charges following street attack in Bangkok

July 23, 2020

Economy, Politics, Thai World, Thailand:

Nadet Sitmanomai used a van he had borrowed from his employer in Samut Sakhon as an instrument of murder on 42-year-old Somkiat Kriangkraiwakin as he… Read More ›

Foreigners arriving in Thailand in now increasing numbers targeted by a fake news campaign online

Foreigners arriving in Thailand in now increasing numbers targeted by a fake news campaign online

July 22, 2020

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

The deepening economic effect of this crisis is leaving behind a ravaged tourism industry in hotspots such as Bangkok, Pattaya and Phuket. Swathes of the… Read More ›

Visa amnesty agreed as emergency decree is linked to the controlled entry of Thais and Foreigners

Visa amnesty agreed as emergency decree is linked to the controlled entry of Thais and Foreigners

July 21, 2020

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

Deputy Army Chief, Nattapol Nakpanich, says the State of Emergency is required to manage the screening and entry of returning Thais and foreigners into the… Read More ›

Police investigate flash student protests over the weekend, top activist calls for urgent legal action

Police investigate flash student protests over the weekend, top activist calls for urgent legal action

July 20, 2020

Economy, Personal, Politics, Thai World, Thailand:

Political experts in Thailand are not holding out much hope for the flash protests staged on Saturday evening and Sunday organised by a body calling… Read More ›

Public virus fear: Poll shows that 95% of people want foreigners barred from entering Thailand at this time

Public virus fear: Poll shows that 95% of people want foreigners barred from entering Thailand at this time

July 19, 2020

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

The shocking poll number comes as one of Thailand’s leading health practitioners, Dr Prasit Watanapa of Siriraj University, has called for the government to tighten… Read More ›

PM facing a political challenge from within the ruling party which put him into power in 2019 over cabinet plans

PM facing a political challenge from within the ruling party which put him into power in 2019 over cabinet plans

July 18, 2020

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

A flurry of phone calls and approaches to top business and financial executives in the past week has been made as Prime Minister Prayut Chan… Read More ›

Doors closed to a European diplomat who came from the airport to a Bangkok condo building after flight

Doors closed to a European diplomat who came from the airport to a Bangkok condo building after flight

July 17, 2020

Economy, Personal, Thai World, Thailand:

Standoff in Khlong Toei as police were called at 8 pm after a European Union diplomat insisted on access. The incident drew clarification today from… Read More ›

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