Economy

Myanmar Junta meltdown threatens to end Bangkok’s condominium sales boom as Kyat currency fails

Myanmar Junta meltdown threatens to end Bangkok’s condominium sales boom as Kyat currency fails

June 9, 2024

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

Myanmar’s junta faces financial collapse with the kyat plummeting. Remittances are halved while hyperinflation surges. Junta crackdown targets funds flowing to Bangkok’s hot condo market,… Read More ›

Free-to-air Euro 2024 on Thai TVs set to boost the country’s economy and foreign tourism efforts

Free-to-air Euro 2024 on Thai TVs set to boost the country’s economy and foreign tourism efforts

June 8, 2024

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

Thailand’s private sector and government promise free-to-air coverage of the Euro 2024 tournament. This move, driven by football’s growing popularity, aims to benefit bars, hostelries… Read More ›

Political maelstrom may be unleashed in June with potential crises brewing and coming to a climax

Political maelstrom may be unleashed in June with potential crises brewing and coming to a climax

June 7, 2024

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

Political instability looms in Thailand. Senate elections face turmoil, PM’s future in jeopardy, top party dissolution imminent, and Thaksin’s potential re-jailing. June could plunge the… Read More ›

DTV live and work Visa to be launched at the end of June says PM’s office. Reports suggest some bureaucratic delay

DTV live and work Visa to be launched at the end of June says PM’s office. Reports suggest some bureaucratic delay

June 5, 2024

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

Government House confirms the new Destination Thailand Visa (DTV) will be available by the end of June, despite speculation of delays. This visa allows foreigners… Read More ›

Thai taxman now plans to tax foreigners on all income whether it is remitted to the kingdom or not under global tax rule

Thai taxman now plans to tax foreigners on all income whether it is remitted to the kingdom or not under global tax rule

June 5, 2024

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

Thailand’s Revenue Department plans to tax all foreign residents on income earned globally, effective 2025. This move, aligned with OECD goals, aims to widen the… Read More ›

Lack of coherence in government policy is the root cause of Thailand’s massive economic problems

Lack of coherence in government policy is the root cause of Thailand’s massive economic problems

June 4, 2024

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

Thailand’s economic decline is linked to impractical and ill-conceived policies and implementation. The latest is the BRICS gamble. Despite 1,700 factory closures in 2023, no… Read More ›

Wissanu is back in government service as the aura of political instability returned to Thailand this week

Wissanu is back in government service as the aura of political instability returned to Thailand this week

May 31, 2024

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

Political turmoil and tensions resurface in Thailand. Ex-PM Thaksin faces a June 18th indictment amid doubts about his prospects for bail. In the meantime, Prime… Read More ›

Visa liberalisation measures unveiled with a DTV visa for living and working online in Thailand legally

Visa liberalisation measures unveiled with a DTV visa for living and working online in Thailand legally

May 30, 2024

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

Thailand’s cabinet announced new visa measures, including the Destination Thailand Visa (DTV), allowing digital nomads to live and work in Thailand for up to 180… Read More ›

Thailand finds itself downgraded by the World Economic Forum’s Tourism index in its latest wide ranging report

Thailand finds itself downgraded by the World Economic Forum’s Tourism index in its latest wide ranging report

May 29, 2024

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

Thailand’s tourism industry has taken a hit, falling behind Singapore, Indonesia, and Malaysia in the latest World Economic Forum report. Industry leaders demand urgent action… Read More ›

Some Expat foreign residents face a base tax bill of up to ฿71k a year and must file a return by March 2025

Some Expat foreign residents face a base tax bill of up to ฿71k a year and must file a return by March 2025

May 28, 2024

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

Foreigners in Thailand must file income tax returns for 2024 by March 2025. The new regime could mean a minimum of ฿71,000 tax for some… Read More ›

Luxury Porsche EV car worth ฿10 million self-ignites and is destroyed in minutes at a central Bangkok dealership

Luxury Porsche EV car worth ฿10 million self-ignites and is destroyed in minutes at a central Bangkok dealership

May 25, 2024

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

Luxury Porsche EV worth ฿10 million spontaneously ignites and is destroyed in central Bangkok. Firefighters controlled the blaze which erupted after it overheated. The incident… Read More ›

Disturbing questions that must be confronted over Thailand’s reeling economy are China and EV cars

Disturbing questions that must be confronted over Thailand’s reeling economy are China and EV cars

May 24, 2024

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

Thailand’s manufacturing base is weakening, and competitiveness is plummeting. Key issues like the EV car gamble and economic integration with China should be dominating Monday’s… Read More ›

First-quarter GDP growth surprises analysts based on higher tourism and consumer spending growth

First-quarter GDP growth surprises analysts based on higher tourism and consumer spending growth

May 20, 2024

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

Thailand’s top economic agency surprises analysts with higher-than-expected quarter-one GDP growth driven by a 24.8% rise in tourism and a 6.9% spike in consumer spending.… Read More ›

UK mother takes her family to live in Thailand to escape her own country’s cost of living crisis

UK mother takes her family to live in Thailand to escape her own country’s cost of living crisis

May 19, 2024

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

A UK mother flees the country’s roaring Cost of Living crisis. Jess from Cheshire relocated to Thailand with her partner and young daughter. The family… Read More ›

Finance Minister meets central bank boss as Fitch research house questions Thailand’s direction and tourism trade

Finance Minister meets central bank boss as Fitch research house questions Thailand’s direction and tourism trade

May 18, 2024

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

Finance Minister Pichai Chunhavajira met with the Bank of Thailand’s chief amid weak economic growth and concerns from a Fitch research house about falling foreign… Read More ›

Health Minister intervenes to stem damage after confidence crisis sparked by 10-year-old rice sale

Health Minister intervenes to stem damage after confidence crisis sparked by 10-year-old rice sale

May 16, 2024

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

Rice Crisis causes the Public Health Minister to intervene in the 10-year-old stockpile disposal controversy. Minister of Public Health Somsak Thepsutin steps in as 10-year-old… Read More ›

Tourism Minister sets Thailand a herculean ambition of securing the World Cup finals from 2038 onwards 

Tourism Minister sets Thailand a herculean ambition of securing the World Cup finals from 2038 onwards 

May 15, 2024

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

Tourism Minister sets Thailand the goal of securing the World Cup finals from 2038. Incoming Minister Sermsak Pongpanich raises the possibility as Thailand hosts the… Read More ›

Finance Ministry wants to rejig public debt figures by offloading 1997 financial crisis fund debt of ฿570 billion

Finance Ministry wants to rejig public debt figures by offloading 1997 financial crisis fund debt of ฿570 billion

May 14, 2024

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

The Finance Ministry proposes a debt shift to boost the economy amid tensions with the central bank. Thailand’s Finance Ministry seeks to offload ฿570 billion… Read More ›

End Your Immigration hassles with the New Thailand Elite Visa

End Your Immigration hassles with the New Thailand Elite Visa

May 14, 2024

Economy, Living, PR News, Thailand:

If you’re eager to take your experience in Thailand to the next level and stay uninterrupted for 5 years or more, then the Thailand Elite… Read More ›

European Union pact to be unveiled this year including visa-free access for Thai passport holders on the continent

European Union pact to be unveiled this year including visa-free access for Thai passport holders on the continent

May 12, 2024

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

European Union trade and cooperation pact with Thailand to be finalised this year. It will include visa-free access for Thai passport holders. Prime Minister Srettha… Read More ›

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