Economy

Government begins looking at borrowing options to fund huge ฿1.9 trillion economy rescue package

Government begins looking at borrowing options to fund huge ฿1.9 trillion economy rescue package

April 12, 2020

Economy, Foreigners, More News from Thailand, Thailand:

The Thai government’s efforts to raise a further ฿1 trillion in borrowing to fund its economic stimulus package is being closely watched by analysts. One… Read More ›

Challenge of defeating both a health and economic emergency a big ask for Thailand’s government in crisis mode

Challenge of defeating both a health and economic emergency a big ask for Thailand’s government in crisis mode

April 10, 2020

Economy, Personal, Politics, Thai World, Thailand:

Putting Thailand back on track economically after the Covid 19 virus emergency may be a far more difficult job than overcoming the health threat. Even… Read More ›

Only 7% of applicants for informal sector financial supports have received the green light for payouts

Only 7% of applicants for informal sector financial supports have received the green light for payouts

April 9, 2020

Economy, Personal, Thai World, Thailand:

Only a small minority of applications for the monthly support payments during the virus emergency have been approved from a large range of informal workers… Read More ›

Thailand and US aim for a new more ‘proactive’ trading relationship as ambassador meets Prayuth

Thailand and US aim for a new more ‘proactive’ trading relationship as ambassador meets Prayuth

April 8, 2020

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

Today’s meeting between the PM and American Ambassador say Thai sources could lead to a more ‘proactive’ trading relationship. General Prayuth revealed that he had… Read More ›

Thailand faces a third shock after the virus if high debt and the informal economy are not prioritised

Thailand faces a third shock after the virus if high debt and the informal economy are not prioritised

April 3, 2020

Economy, Foreigners, More News from Thailand, Thailand:

BANGKOK: A World Bank report this week highlights Thailand, Southeast Asia’s second-largest economy, as one of the key concerns in the region as it faces… Read More ›

Huge demand for emergency supports with over 20 million to apply for self employed payments

Huge demand for emergency supports with over 20 million to apply for self employed payments

March 30, 2020

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

BANGKOK: As well as creating a huge technical problem for the Ministry of Finance website with over 10 times the load or public demand on… Read More ›

Fake news a low priority for the public during this unprecedented emergency says Suan Dusit poll

Fake news a low priority for the public during this unprecedented emergency says Suan Dusit poll

March 30, 2020

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

BANGKOK: The news comes in a week in which Thailand’s Minister of Digital Economy and Society, Buddhipongse Punnakanta, made contact with Twitter and Facebook over… Read More ›

Scramble to register online for state money as banks close over the weekend to defeat the virus

Scramble to register online for state money as banks close over the weekend to defeat the virus

March 28, 2020

Economy, Living, Personal, Thai World, Thailand:

BANGKOK: The Immigration Bureau opened new offices in Muang Thong Thani on the outskirts of Bangkok, this week, to cater to more foreigners seeking extensions… Read More ›

Still a chance to avoid a curfew or lockdown if the public stays at home over the coming 7 days to quell virus

Still a chance to avoid a curfew or lockdown if the public stays at home over the coming 7 days to quell virus

March 28, 2020

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

BANGKOK: The figures for infections are expected to skyrocket between now and April 15th even in the best-case scenario but the government is hoping to… Read More ›

No limit on borrowing as Somkid plots the biggest stimulus package yet to address the virus crisis

No limit on borrowing as Somkid plots the biggest stimulus package yet to address the virus crisis

March 27, 2020

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

BANGKOK: Deputy Prime Minister Somkid, however, did warn that the Thai economy needs to get back to work as soon as possible. He said the… Read More ›

Emergency centre led by the Prime Minister takes power on Thursday to fight the Covid 19 virus in Thailand

Emergency centre led by the Prime Minister takes power on Thursday to fight the Covid 19 virus in Thailand

March 25, 2020

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

BANGKOK: There will now only be one source of information and orders coming from the government beginning on Thursday. This will be through an Emergency… Read More ›

Minor Group boss calls on Prayuth to take decisive action to lock down Thailand and protect people’s lives

Minor Group boss calls on Prayuth to take decisive action to lock down Thailand and protect people’s lives

March 25, 2020

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

BANGKOK: The Chairman of Minor Group appealed to the Thai leadership as he announced the closure of 6 hotels in the capital. He advised the… Read More ›

Authorities ready to control movement and lockdown as public is urged not to leave Bangkok right now

Authorities ready to control movement and lockdown as public is urged not to leave Bangkok right now

March 24, 2020

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

BANGKOK: A new fiscal stimulus package was also announced today as well as a state of emergency decree under a 2005 law. The financial package… Read More ›

Government declares a state of emergency with sweeping powers to curb the spread of the coronavirus

Government declares a state of emergency with sweeping powers to curb the spread of the coronavirus

March 24, 2020

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

BANGKOK: The government today has announced a state of emergency to come into effect on Thursday next giving the government sweeping powers to control the… Read More ›

New Team Thailand to the rescue as ex-minister says infections can be controlled in weeks with public help

New Team Thailand to the rescue as ex-minister says infections can be controlled in weeks with public help

March 23, 2020

Economy, Living, Personal, Thai World, Thailand:

BANGKOK: New ‘Team Thailand’ revealed as leading lights in Thai medicine who met with the Minister of Public Health Anutin Charnvirakul on Saturday. It comes… Read More ›

Economist warns economy needs ‘blanket’ fiscal support and a ‘big problem’ if the virus effect persists 

Economist warns economy needs ‘blanket’ fiscal support and a ‘big problem’ if the virus effect persists 

March 22, 2020

Economy, Foreigners, Living, Thai World, Thailand:

BANGKOK: Bangkok Bank’s chief economist warned that ‘liquidity in the global market is like air’ as he highlighted that liquidity is tightening. He said governments,… Read More ›

UK Ambassador warns that links with home may be disrupted for many months as Thailand closes its borders

UK Ambassador warns that links with home may be disrupted for many months as Thailand closes its borders

March 21, 2020

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

BANGKOK: Suvarnabhumi Airport on Thursday saw its lowest level of passengers since it opened. There were less than 10,000 arrivals on over 190 flights, some… Read More ›

Mounting protest over new airline rules for flights to Thailand amid calls for an urgent lockdown

Mounting protest over new airline rules for flights to Thailand amid calls for an urgent lockdown

March 20, 2020

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

BANGKOK: Thai nationals in the UK and European countries are having difficulty obtaining the medical certification stipulated by the Civil Aviation Authority for flights to… Read More ›

New travel orders will make flying to Thailand very onerous for all passengers from Sunday onwards

New travel orders will make flying to Thailand very onerous for all passengers from Sunday onwards

March 19, 2020

Economy, Living, Personal, Thai World, Thailand:

BANGKOK: The number of infections since last week has been rising with daily records as Thai PM consulted on Thursday with leading medical experts. It… Read More ›

Thailand faces lockdown if 3rd wave breaks out as the numbers infected more than treble in 1 week

Thailand faces lockdown if 3rd wave breaks out as the numbers infected more than treble in 1 week

March 19, 2020

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

PHETCHABUN: A senior official at the Ministry of Public Health, while announcing the latest infections on Wednesday, warned that if the current trend continues then… Read More ›

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