Economy

EV sector crisis as Chinese firms are trapped between lack of demand and government tax penalties

EV sector crisis as Chinese firms are trapped between lack of demand and government tax penalties

September 16, 2024

Economy, Living, Personal, Thai World, Thailand:

Thai EV crisis: Chinese firms struggle with overproduction and government tax penalties threat amid falling global demand. With rising household debt and regulatory hurdles, manufacturers… Read More ›

Minister outlines plans for Casinos, Disneyland and a tax support system for workers to Parliament

Minister outlines plans for Casinos, Disneyland and a tax support system for workers to Parliament

September 15, 2024

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

Deputy Finance Minister proposes a Thai Disneyland, casinos, and a welfare overhaul in Parliament. The government aims to eventually boost tourism, create jobs and launch… Read More ›

Building labourer arrested as a registered director of a listed Thai public company in a Bangkok suburb

Building labourer arrested as a registered director of a listed Thai public company in a Bangkok suburb

September 14, 2024

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

Elderly Bangkok labourer arrested as a director of a delisted SET firm. He claims identity misuse and ignorance of the company’s affairs. The company failed… Read More ›

End of the road proposed for Thailand’s ‘Happy go-Lucky’ Economy in Paetongtarn’s Policy Statement

End of the road proposed for Thailand’s ‘Happy go-Lucky’ Economy in Paetongtarn’s Policy Statement

September 12, 2024

Economy, Living, Personal, Thai World, Thailand:

End of Thailand’s ‘happy-go-lucky’ economy? Paetongtarn’s radical plan aims to end the grey market with sweeping tax reform, debt relief, and financial education. SMEs, foreignersm,… Read More ›

Weak consumer demand in China. Call by former central bank boss Yi to fight a severe deflationary spiral

Weak consumer demand in China. Call by former central bank boss Yi to fight a severe deflationary spiral

September 9, 2024

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

China’s economy is at risk. Ex-central bank chief warns of deflation spiral amid weak consumer demand and faltering property market. Calls for urgent action as… Read More ›

Revenue Department preparing legislation as new Expat tax regime may link visas and tax returns

Revenue Department preparing legislation as new Expat tax regime may link visas and tax returns

September 8, 2024

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

Thailand’s Revenue Department drafts global tax legislation. It may link visa issuance to tax returns soon. Expats staying over 180 days must file by March… Read More ›

7 Eleven owner in Japan rejects $39 billion buyout offer from Canadian owner of Circle K stores

7 Eleven owner in Japan rejects $39 billion buyout offer from Canadian owner of Circle K stores

September 6, 2024

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

7-Eleven’s Japanese owner rejects a $39 billion buyout offer from Canadian Circle K operator Couche-Tard. CP Group, Thailand’s 7-Eleven franchise owner, closely watches the deal.… Read More ›

Anti woke decisions in US boardrooms may signal a shift in grassroots America. Certainly a gender gap has opened

Anti woke decisions in US boardrooms may signal a shift in grassroots America. Certainly a gender gap has opened

September 5, 2024

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

Corporate America’s anti-woke shift signals a change in grassroots sentiment. As the U.S. presidential debate approaches, Thailand-based expats are watching closely. At the same time,… Read More ›

Sea change in US markets sees baht rise sharply. Ailing Thai economy still ekes out tepid growth of 2.5-2.6%

Sea change in US markets sees baht rise sharply. Ailing Thai economy still ekes out tepid growth of 2.5-2.6%

September 1, 2024

Economy, Living, Personal, Thai World, Thailand:

Ung Ing takes charge as business leaders are buoyed by the retention of Pichai Chunhavajira and his team. All eyes will be on the new… Read More ›

Thailand’s political instability is still at play.  Country plagued by the same old divisions for twenty years

Thailand’s political instability is still at play. Country plagued by the same old divisions for twenty years

August 28, 2024

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

Thailand’s political turmoil deepens as old rivalries resurface. Pheu Thai expels Palang Pracharat, as the new government slowly forms amid ongoing fears of instability and… Read More ›

Thaksin blames Pheu Thai’s loss in 2023 General Election on Ung Ing’s need to take maternity leave before the poll 

Thaksin blames Pheu Thai’s loss in 2023 General Election on Ung Ing’s need to take maternity leave before the poll 

August 23, 2024

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

Thaksin blames Pheu Thai’s 2023 election loss on daughter Ung Ing’s maternity leave. Speaking in Bangkok after his prison release, he dismissed backroom deal rumours,… Read More ›

Digital Wallet budget to be used for direct cash stimulus. New government plans to adjust policy in statement

Digital Wallet budget to be used for direct cash stimulus. New government plans to adjust policy in statement

August 21, 2024

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

The government may transform the Digital Wallet scheme into a direct cash giveaway, as economic stimulus is urgently needed. Funding has been reserved in the… Read More ›

Ung Ing takes charge as business leaders focus on who will be Finance Minister and economic policy

Ung Ing takes charge as business leaders focus on who will be Finance Minister and economic policy

August 19, 2024

Economy, Living, Personal, Thai World, Thailand:

Paetongtarn Shinawatra, Thailand’s new Prime Minister, begins cabinet talks while briefing herself into the role. All eyes are on her choice as Finance Minister and… Read More ›

Big policy and cabinet changes as Ung Ing readies to take the helm. Digital Wallet to be scrapped entirely

Big policy and cabinet changes as Ung Ing readies to take the helm. Digital Wallet to be scrapped entirely

August 17, 2024

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

Major cabinet changes loom as Paetongtarn Shinawatra takes power. Finance Minister Pichai Chunhavajira and Defence Minister Sutin Klangsaeng are reportedly out. Digital Wallet scheme to… Read More ›

China has become a bad news story for business investors who are shifting to ASEAN bloc countries

China has become a bad news story for business investors who are shifting to ASEAN bloc countries

August 14, 2024

Economy, Living, Personal, Thai World, Thailand:

China’s economic woes drive investors to ASEAN bloc countries, with Thailand struggling at under 3% growth until 2034. As Foreign Direct Investment shifts away from… Read More ›

Chance discovery by the Highway patrol reveals the threat posed by unlicensed Chinese factories in Thailand

Chance discovery by the Highway patrol reveals the threat posed by unlicensed Chinese factories in Thailand

August 13, 2024

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

Highway Patrol uncovers unlicensed Chinese-owned factories smuggling hazardous materials, fueling fears of Thailand becoming a dumping ground for toxic waste since China’s 2017 ban on… Read More ›

Most business executives see GDP growth of less than 2% in 2024 as ministers meet without the PM

Most business executives see GDP growth of less than 2% in 2024 as ministers meet without the PM

August 11, 2024

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

Business leaders warn of economic turmoil as Thai ministers meet without the PM amid concerns over political instability and a Chinese import surge. Fears of… Read More ›

Launch of the People’s Party with ‘Teng’ or Nattapong Ruangpanyawut as its new leader not Sirikanya Tansakul

Launch of the People’s Party with ‘Teng’ or Nattapong Ruangpanyawut as its new leader not Sirikanya Tansakul

August 9, 2024

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

Nattapong Ruangpanyawut named leader of the People’s Party in a shock move, sidelining Sirikanya Tansakul. Party rebrands from obscure Thinkhakhao Chaowilai Party, adopts a new… Read More ›

Thailand finds itself facing economic and political turmoil. Top economist warns of trouble ahead

Thailand finds itself facing economic and political turmoil. Top economist warns of trouble ahead

August 8, 2024

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

Thailand faces worsening economic and political turmoil. The Constitutional Court’s dissolution of the Move Forward Party and the potential removal of PM Srettha Thavisin could… Read More ›

Inward immigration may ultimately be the only thing that can halt Thailand’s fated economic decline

Inward immigration may ultimately be the only thing that can halt Thailand’s fated economic decline

August 4, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s Economy could be set for a fall in GDP, not just low growth. Population Crisis threatens GDP as Digital Wallet Scheme is launched. A… Read More ›

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