Economy

Microsoft investment in Thailand is a sign of progress. Digital economy could be a godsend for GDP growth 

Microsoft investment in Thailand is a sign of progress. Digital economy could be a godsend for GDP growth 

May 4, 2024

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

Microsoft’s $1 billion data centre investment in Thailand is very good news. It is seen as part of a plan to ignite the digital growth… Read More ›

Ung Ing launches attack on the Bank of Thailand questioning the desirability of its independence from government

Ung Ing launches attack on the Bank of Thailand questioning the desirability of its independence from government

May 3, 2024

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

Thailand’s internal battle for power over the economy heats up as the Pheu Thai leader questions Bank of Thailand’s independence. Rising concerns over rocketing debt… Read More ›

Oppressive sunshine and heat teach Thailand a lesson this year on what climate change might mean for it

Oppressive sunshine and heat teach Thailand a lesson this year on what climate change might mean for it

May 2, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand is dealing with scorching temperatures and climate change challenges as the heatwave wreaks havoc. Infrastructure buckles fatalities rise while water rationing hits tourist hotspots.… Read More ›

Manufacturing index down for the 18th straight month but the economy grew 1% in the first quarter says central bank

Manufacturing index down for the 18th straight month but the economy grew 1% in the first quarter says central bank

May 1, 2024

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

Thai economic data throws up a mixed bag as exports dip in March. However, the economy managed to grow by 1% in the opening quarter.… Read More ›

Sales of EV cars fell in Thailand in February and March 2024 challenging the kingdom’s vision as a green hub

Sales of EV cars fell in Thailand in February and March 2024 challenging the kingdom’s vision as a green hub

April 26, 2024

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

Thailand’s EV dream may just be turning sour. Sales plunged in February and March 2024, challenging the government’s vision. Market shifts worldwide are raising concern… Read More ›

Baht falls even after the Bank of Thailand’s intervention. It has lost 8.8% of its value in 2024 so far

Baht falls even after the Bank of Thailand’s intervention. It has lost 8.8% of its value in 2024 so far

April 25, 2024

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

Thai baht tumbles despite intervention. Economic policy clash threatens confidence and stability. The baht breaks the ฿37 barrier against the US dollar despite the Bank… Read More ›

Central bank holds interest rates. Economy will grow 2.6% in 2024 as Srettha pushes home ownership

Central bank holds interest rates. Economy will grow 2.6% in 2024 as Srettha pushes home ownership

April 13, 2024

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

Bank of Thailand holds interest rates at 2.5%. It projects 2.6% growth in 2024 with the economy gaining momentum. However, the Monetary Policy Committee again… Read More ›

Lethal Cadmium linked to a shift in dangerous e-waste recycling from China to Thailand since 2017

Lethal Cadmium linked to a shift in dangerous e-waste recycling from China to Thailand since 2017

April 10, 2024

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

Thailand’s toxicity crisis is linked to the shift of e-waste processors to the kingdom. Cadmium scare shocks Thailand with health fears for workers in Samut… Read More ›

Central bank rate call a minor issue compared to the surge in fiscal spending and deficit planned in 2025

Central bank rate call a minor issue compared to the surge in fiscal spending and deficit planned in 2025

April 9, 2024

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

Economic turmoil in the offing with Srettha Thavisin’s plan for a fiscal spending surge amid discord with the central bank and uneasy capital markets. As… Read More ›

In 2023, Thailand shifted away from cash just as Sweden’s central bank asked to see it protected in legislation

In 2023, Thailand shifted away from cash just as Sweden’s central bank asked to see it protected in legislation

April 5, 2024

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

Thai cash usage plummets as Sweden turns around and seeks cash protection. Thailand embraces digital payments as cash transactions drop to 66%, signalling a shift… Read More ›

Economy unlikely to grow in first quarter as Thai manufacturing crumbles. Hard choices ahead

Economy unlikely to grow in first quarter as Thai manufacturing crumbles. Hard choices ahead

March 30, 2024

Economy, Personal, Politics, Thai World, Thailand:

The Thai economy is at a crossroads, Prime Minister Srettha Thavisin continues to clash with the Central Bank as the country’s industrial base erodes. A… Read More ›

Phuket tourism boss concerned that the ‘feelings’ of locals on the island may be provoked by foreigners 

Phuket tourism boss concerned that the ‘feelings’ of locals on the island may be provoked by foreigners 

March 26, 2024

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

Phuket tourism boss is concerned. Crackdown on foreigners nationwide launched by the Minister of Labour Phiphat Ratchakitprakarn as local outrage grows. Assaults and illegal businesses… Read More ›

Giant Italian-Thai behemoth fights for survival and to pay wages as fears rise about the wider economy

Giant Italian-Thai behemoth fights for survival and to pay wages as fears rise about the wider economy

March 25, 2024

Economy, Living, Personal, Thai World, Thailand:

Thai Construction behemoth Italian-Thai Development Plc (ITD) fights for survival amid a growing financial crisis. Intense negotiations are ongoing. Worker wages in limbo. Government and… Read More ›

New Finance Minister expected in April as economic malaise deepens with downgrades in GDP growth

New Finance Minister expected in April as economic malaise deepens with downgrades in GDP growth

March 19, 2024

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

New Finance Minister expected amidst GDP downgrades | Economic malaise deepens as new finance minister anticipated in April. Amidst ballooning private sector debt and structural… Read More ›

PM and Macron discuss visa-free access for Thai nationals in the European Union’s Schengen zone

PM and Macron discuss visa-free access for Thai nationals in the European Union’s Schengen zone

March 12, 2024

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

Prime Minister Settha Thavisin’s Paris tête-à-tête with French President Emmanuel Macron heralds a push for visa-free Schengen access for Thai passport holders. Amid trade and… Read More ›

Threat from contaminated fruit and vegetables from China part of a wider problem facing the kingdom

Threat from contaminated fruit and vegetables from China part of a wider problem facing the kingdom

March 11, 2024

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

Contaminated Chinese imports threaten Thai markets. Shift from China to India ahead. The Thai retail and manufacturing sector is under pressure from tainted imports. Government… Read More ›

Economic agency boss raises concern about runaway online media content in Thailand and fake news

Economic agency boss raises concern about runaway online media content in Thailand and fake news

March 8, 2024

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

Thai Economic Council raises the question of social media regulation amidst a fake news surge. In particular, online influencers face scrutiny as concern grows over… Read More ›

British Airways announces its return to Bangkok in a new thrice-week service from Gatwick London to Bangkok

British Airways announces its return to Bangkok in a new thrice-week service from Gatwick London to Bangkok

March 6, 2024

Economy, Living, Personal, Thai World, Thailand:

British Airways to resume Bangkok flights from late October. Gatwick to Suvarnabhumi Airport thrice weekly. A boost for Thai aviation hub plans. Flyers expect to… Read More ›

Thailand faces an uphill struggle to become the aviation hub it once was before the pandemic era

Thailand faces an uphill struggle to become the aviation hub it once was before the pandemic era

March 2, 2024

Economy, Living, Personal, Thai World, Thailand:

Thailand’s Aviation Hub Dream. An ambitious plan for 150 million arrivals or is this pie in the sky? Certainly, PM Srettha’s bold vision faces critical… Read More ›

Bank of Thailand holding strong against quite a strident push by the PM for more populist economics as debt levels rise

Bank of Thailand holding strong against quite a strident push by the PM for more populist economics as debt levels rise

February 22, 2024

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

Bank of Thailand holds firm against the PM’s relentless campaign and stinging criticism. Tension escalates as the government puts further pressure on for interest rate… Read More ›

Thailand's News for Foreigners