Economy

Economic team led by Somkid quits government in a shock move as rumours spread of a new lineup

Economic team led by Somkid quits government in a shock move as rumours spread of a new lineup

July 16, 2020

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

Wednesday’s shock resignation of the non-aligned economic team will lead to a cabinet reshuffle at an earlier stage. It may also lead to political infighting… Read More ›

Thailand may have to live with the virus but can recover in two years says outgoing central bank chief

Thailand may have to live with the virus but can recover in two years says outgoing central bank chief

July 15, 2020

Economy, Personal, Politics, Thai World, Thailand:

Outgoing Bank of Thailand boss, Veerathai Santiprabhob, says economic recovery may mean having to live with up to 30 infections per day as the government… Read More ›

Entry for privileged groups tightened up as flack swirls over Egyptian military’s flying visit to Rayong

Entry for privileged groups tightened up as flack swirls over Egyptian military’s flying visit to Rayong

July 14, 2020

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

Dr Taweesilp Visanuyothin of the Centre for Covid-19 Situation Administration (CCSA) gave details surrounding the visit by 31 military personnel to Rayong onboard an Egyptian… Read More ›

Mystery Egyptian military flight revealed as exposing Thailand to the Covid 19 virus in Rayong province

Mystery Egyptian military flight revealed as exposing Thailand to the Covid 19 virus in Rayong province

July 14, 2020

Economy, Personal, Politics, Thai World, Thailand:

A 43-year-old Egyptian soldier was only tested on Saturday having flown from Rayong’s UTapao Airport on Friday to Chengdu in China and back again. The… Read More ›

Somkid ready to bow out of government as September cabinet reshuffle seems to be on the cards

Somkid ready to bow out of government as September cabinet reshuffle seems to be on the cards

July 12, 2020

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

Prime Minister Prayut Chan ocha has revealed that he has already approached some economists to take up a role in his new government but that… Read More ›

Plans to relaunch tourism from China thrown out as conflicting reports emerge of a new swine flu virus threat

Plans to relaunch tourism from China thrown out as conflicting reports emerge of a new swine flu virus threat

July 10, 2020

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

G4 was highlighted earlier this month by a team of Chinese disease control experts and derives from the 2009 Swine flu or H1N1 virus. The… Read More ›

Mini cabinet meets to focus on efforts to boost Thailand’s decimated post virus economy – May’s exports fell

Mini cabinet meets to focus on efforts to boost Thailand’s decimated post virus economy – May’s exports fell

July 10, 2020

Economy, Personal, Politics, Thai World, Thailand:

The move comes as Thailand’s economic leadership resumes regular meetings with dismal numbers emerging from the country’s industrial and export sector for May. Thailand’s exports,… Read More ›

Senior Thai officials and medical elite warn that Covid 19 remains a threat even with borders closed to travellers

Senior Thai officials and medical elite warn that Covid 19 remains a threat even with borders closed to travellers

July 9, 2020

Economy, Personal, Thai World, Thailand:

Thailand’s Covid 19 centre has warned of complacency among the Thai public following the publication of an opinion poll this week which showed two-thirds of… Read More ›

Agony for stranded western foreigners as ‘Fast-track’ Chinese charter flight jets in from Shanghai

Agony for stranded western foreigners as ‘Fast-track’ Chinese charter flight jets in from Shanghai

July 9, 2020

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

Recent Thai government regulations have granted ‘fast-track’ entry to Asian business people without quarantine extending to parties of up to 10 people. The arrival of… Read More ›

Thai economy has until October to rebound or bad debts will begin to weigh heavily on the banks

Thai economy has until October to rebound or bad debts will begin to weigh heavily on the banks

July 7, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Grim prediction and outlook for Thailand’s economy, battered even before the Covid 19 emergency by changing world trends and trade tensions, but now, to quote… Read More ›

UK PM’s partner targets monkey coconut trade as animal rights group gets Thai products removed in shops

UK PM’s partner targets monkey coconut trade as animal rights group gets Thai products removed in shops

July 6, 2020

Economy, Personal, Thai World, Thailand:

Boris Johnson’s partner applauds UK retailers for their ban on products using monkey labour linked with Thailand’s coconut farmers. Leading UK retailers turn their back… Read More ›

Thailand is red-lighted in the UK for quarantine purposes alongside Brazil, China and the US, inexplicable move

Thailand is red-lighted in the UK for quarantine purposes alongside Brazil, China and the US, inexplicable move

July 4, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Travellers from Thailand must quarantine for 14 days when entering the UK. Clarification late on Friday night is disappointing news for Thai authorities as the… Read More ›

Move to prevent a tourism wipeout as minister pushes 3 phase plan especially targeting Chinese tourists

Move to prevent a tourism wipeout as minister pushes 3 phase plan especially targeting Chinese tourists

July 3, 2020

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

The Tourism Minister envisages the return of tourism under tightly controlled conditions in August with access only to popular tourist hotspots for bookings made through… Read More ›

IATA calls on countries like Thailand to think again over quarantine schemes and travel curbs costing jobs

IATA calls on countries like Thailand to think again over quarantine schemes and travel curbs costing jobs

June 30, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The airline industry body representing over 290 airlines calls for a global standard and response to kickstart international travel between countries as Thailand faces a… Read More ›

Slow progress as list of foreigners allowed entry expands but there is some confusion at embassies 

Slow progress as list of foreigners allowed entry expands but there is some confusion at embassies 

June 29, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Thousands of foreigners around the world particularly in western countries have already applied or are preparing to apply to return to Thailand with a further… Read More ›

Election of a new ruling party leader, shifts focus now to the future of the economics czar Somkid and his team

Election of a new ruling party leader, shifts focus now to the future of the economics czar Somkid and his team

June 28, 2020

Economy, Personal, Politics, Thai World, Thailand:

The election last Saturday in Muang Thong Thani, just outside Bangkok, of Deputy Prime Minister Prawit Wongsuwan as the leader of the ruling Palang Pracharat… Read More ›

Committee advises the government to extend the State of Emergency in Thailand to the end of July for safety

Committee advises the government to extend the State of Emergency in Thailand to the end of July for safety

June 26, 2020

Economy, Personal, Politics, Thai World, Thailand:

The move is seen as important to the oversight of the reopening of Thai schools and ongoing quarantine efforts for incoming passengers entering the kingdom.… Read More ›

Thailand’s closure biting harder as one airline gets ready to cease operations forever and lays off staff

Thailand’s closure biting harder as one airline gets ready to cease operations forever and lays off staff

June 25, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Country’s economy and firms are running out of money and time as one airline, NokScoot, is reported to be on the brink while the Thai… Read More ›

Only 2,000 foreigners have yet registered to be reunited with love ones as tourism to also reopen

Only 2,000 foreigners have yet registered to be reunited with love ones as tourism to also reopen

June 24, 2020

Economy, Personal, Thai World, Thailand:

Confusion and sporadic information from the network of Royal Thai Embassies worldwide sees only a small number of foreign spouses apply to come home to… Read More ›

Banks ordered to cease dividends and shore up balance sheets on fears of loan quality erosion due to slump

Banks ordered to cease dividends and shore up balance sheets on fears of loan quality erosion due to slump

June 21, 2020

Economy, Foreigners, More News from Thailand, Thailand:

Outgoing Bank of Thailand boss wants banks to halt dividend payments to shareholders, a move that will not go down well on Thailand’s stock market… Read More ›

Thailand's News for Foreigners