Search Results for: the additional cost
- Business News
Thailand to issue emergency loan decree amid El Niño fears and rising energy costs
Thailand’s government is preparing to issue an emergency loan decree worth 500,000 million baht to build up financial reserves ahead of what officials describe as compounding economic risks, including a super El Niño weather event and elevated global energy prices. Deputy Prime Minister Pakorn Nilpraphat confirmed the plan, saying the current state of the treasury is limited and relatively rigid,…
- Thailand video news
Thailand News | Bangkok sets earlier, alcohol-free rules for Songkran water zones, Thai Royal Costume Campaign heads to Europe ahead of UNESCO decision
Today we’ll be talking about new alcohol-free rules announced for Songkran Water Zones, plus investigators are probing a fuel discrepancy in Surat Thani with 57 million liters unaccounted for, then the government is weighing closing fuel stations overnight after the Songkran holiday, in ASEAN News Vietnam’s To Lam tightens his grip on power as their parliament has elected the Communist…
- Thailand video news
Thailand News | Thai Border Troops told to stay ready as Cambodia tensions simmer, Songkran Flight Discounts rolled out to ease holiday travel costs
Today we’ll be talking about heatwaves boiling the country as fresh warnings about heatstroke are issued by the government, a French tourist’s karaoke dispute turns violent after being overcharged for ‘just a few small beers,’ and a little later some good news! The Civil Aviation Authority of Thailand is announcing big discounts on domestic routes in time for Songkran. Thai…
- Tourism News
CAAT cuts Songkran air fares by 15% to 30% to ease travel costs
Air fares on selected domestic routes will be cut by 15 to 30% over the Songkran holiday period, Thailand’s Civil Aviation Authority (CAAT) has said, as it works with six major airlines to ease travel costs during one of the year’s busiest travel peaks. CAAT said it has been closely monitoring aviation conditions after conflict in the Middle East disrupted…
- Thai Life
How the US-Israel war on Iran affects your fuel costs in Thailand
Thailand may face sharp increases in fuel prices as escalating tensions between the US, Israel, and Iran push global oil markets into volatile territory. According to Energy Ministry sources, diesel prices could break the US$100 per barrel mark, and with critical shipping routes under threat, Thai authorities are monitoring stockpiles and supply chains while warning that retail prices remain tied…
- Health
How much does it cost to see a doctor in Thailand?
Thailand is known for its high-quality yet affordable healthcare system, but how much does it really cost to see a doctor? As an expat, this question might be crucial for budgeting your health needs. The answer depends on whether you have health insurance or not, and the difference can be significant. Let’s explore the costs, compare insured versus uninsured expenses,…
- Expats
British expat reveals retirement costs in Thailand, sparking relocation dreams
A British expat broke down the cost of living for his retirement in Thailand on TikTok, prompting many of his followers to consider relocating to the country. The man, Simon Thatcher, shared the video on his account, @skyhighthaisi, detailing his monthly expenses to show whether living in Thailand is still affordable in 2025. Thatcher explained that he lives under a…
- Thailand News
Border clash victims complain over extra costs for document copies in Buriram
Locals in the Isaan province of Buriram are demanding an investigation after a community leader collected an extra cost of 20 baht from residents who claimed compensation following recent border clashes. A resident from the border community in Nong Wang sub-district, Lahan Sai district, told reporters she was unhappy about the fee. She claimed the community leader collected 20 baht from…
- Thailand Travel
How much travel insurance should cost you in Thailand (By trip length)
When planning a trip to Thailand, travel insurance is a smart investment that can save you from unexpected costs. Whether it’s medical expenses, lost luggage, or trip cancellations, the right coverage can provide peace of mind and financial protection against emergencies. While travel insurance isn’t mandatory for most visitors, it’s highly recommended for a stress-free experience abroad. The cost of…
- Health
How one hospital visit in Thailand could cost more than your whole trip
Thailand is a favourite spot for travellers who want to enjoy more while spending less. From cheap street food to low-cost hotels and fun attractions, it’s easy to stretch your budget here. But there’s one thing many people don’t think about—a sudden hospital visit. It can cost more than your whole trip. You might save money day to day, but…
- Thailand Travel
The real cost of being a digital nomad in Thailand
Thailand is a popular destination for digital nomads, known for its affordable living, lively culture, and modern facilities. With its warm climate, great food, and friendly communities, it’s an ideal place for remote workers to balance work and travel. However, to make the most of this lifestyle, it’s important to understand the real cost of living and working in Thailand,…
- Travel Guides
The cost of not having the right insurance
Having the right insurance, especially in a country like Thailand, is important in today’s unpredictable world. Medical emergencies, trip cancellations, and lost belongings can happen anytime, leading to unexpected expenses. Without proper coverage, these costs can put a heavy strain on finances and even affect long-term stability. Insurance acts as a safety net, helping people avoid major financial setbacks. With…
- Thailand News
Foreign worker healthcare costs soar to 92 billion baht in 2024
The National Economic and Social Development Council (NESDC) recently stood by its figures regarding healthcare costs for foreign workers, stating that the data was sourced from the Ministry of Public Health. According to NESDC’s report, there has been a notable rise in healthcare demand from foreign patients, particularly in border areas, reaching a record 3.8 million healthcare visits in the fiscal…
- Health
Is healthcare costs in Thailand really cheaper than in the West?
Healthcare costs in Thailand are known for being more affordable than in Western countries. Medical procedures, from basic check-ups to major surgeries, can cost up to 75% less. The system includes both public and private hospitals, offering high-quality care with modern equipment and skilled doctors. Thailand attracts medical tourists with its lower prices and reliable services. However, factors like higher…
- Thailand News
Thailand’s single ticket system to cut public transport costs
The Common Ticketing System Management Bill, which aims to enable commuters to purchase a single ticket for various public transport modes, is expected to reduce service costs, according to a public hearing. The Thailand Consumers Council organised this hearing to gather feedback on the bill for the House’s special committee reviewing the measure. Jiraroth Sukolrat, Deputy Director-General of the Office of Transport and Traffic Policy…
- Thailand News
Thailand’s Destination Visa loophole that could cost you
The much-hyped Destination Thailand Visa (DTV) is proving to be more of a bureaucratic headache than a dream ticket. While Bangkok Immigration (Division 1) has published criteria for extending the visa by six months, these guidelines aren’t binding on provincial offices, leaving holders navigating a minefield of uncertainty. The biggest revelation? It’s far easier to leave the country every 180 days than to fight through…
- Business News
Shipping a car from the US to Thailand: Regulations and costs explained
Shipping a car from the USA to Thailand may sound like a straightforward task, but it can quickly become a maze of regulations, fees, and paperwork that might leave you feeling overwhelmed. Whether you’re relocating or just want to take your favourite vehicle along for the ride, making sure you understand the basics before diving in is crucial. Picture this:…
- Business News
Cost to move from the US to Thailand: A complete expat budget guide
Moving to a new country can be both exciting and overwhelming, especially when you’re transitioning from the USA to Thailand. You might be dreaming of sandy beaches and bustling markets, but before you pack your bags, it’s crucial to understand the costs involved in this big change. From shipping your belongings to planning your travel and finding accommodations, every detail…
- Thailand News
ERC mulls 31% electricity tariff hike despite lower fuel costs
Businesses and households are facing a significant decision regarding the future of their electricity costs as the Energy Regulatory Commission (ERC) considers changes to the power tariff. Despite a projected decrease in fuel costs, the ERC is evaluating whether to maintain the current rate or implement an increase of 26 to 31% early next year. The existing tariff, set at…
- Thailand News
Thailand’s LGBTQI+ discrimination costs the economy big time
Thailand’s economy is losing billions, and discrimination is the culprit. A new report by Open for Business reveals that LGBTQI+ exclusion is costing the nation a staggering 51.8 to 121.8 billion baht annually. This shocking figure comes from a mix of lost wages, healthcare costs, and missed economic opportunities, all linked to ongoing discrimination against the LGBTQI+ community. The report,…
- Thailand News
New commerce minister vows to tackle high living costs, Chinese imports
New Commerce Minister Pichai Naripthaphan pledged immediate action to tackle high living costs, hasten free trade agreement (FTA) negotiations, and tighten control over the influx of Chinese imports. Pichai, after his first day in office, expressed readiness to collaborate with deputy commerce ministers Napintorn Srisanphang and Suchat Chomklin to address the pressing need to drive Thailand’s economy during a crisis.…
- Automotive
Cost of owning an EV car in Thailand
Are you thinking about making the switch to an electric vehicle (EV) in Thailand? You’re not alone. With rising fuel prices and increasing environmental concerns, many are considering EVs as a smart and sustainable choice. But what does it really cost to own one? Owning an EV in Thailand involves more than just the initial purchase price. You’ll need to…
- Thailand News
DoH advises toll cuts over extension to ease Bangkok costs
The Department of Highways (DoH) urged the Government of Thailand to focus on reducing toll fees rather than extending the concession for the Don Mueang Tollway, as a strategy to lower living costs in Bangkok. Caretaker Transport Minister Suriya Jungrungreangkit recently proposed extending the current concession for Don Mueang Tollway Plc, which is set to expire in 2034. Suriya argued…
- Thailand News
NHSO denies additional funds for advanced Thai treatments
The National Health Security Office (NHSO) firmly rejected a proposal from a national network of hospitals to allow patients under Thailand’s universal healthcare scheme to pay extra for enhanced treatments. A coalition of hospitals, including the university hospital network, approached Public Health Minister Somsak Thepsutin last month, seeking the ministry’s intervention to address the budgetary constraints of the universal healthcare…
- Business News
Stark Corporation scandal costs 14.7 billion baht
Shareholders and stock investors of Stark Corporation are reeling from an accounting and embezzlement scandal that has incurred damages estimated at a staggering 14.7 billion baht. This debacle has impacted 4,704 shareholders and led to the prosecution of the former chairman and several top executives in what is deemed one of Thailand’s largest corporate frauds in recent years. Adding to…
- Thailand News
Brewing trouble: Coffee brand percolates price hike due to costs
A popular coffee brand plans to increase its prices by 5% to 10% this month, citing rising production costs. This follows the recent price adjustment by Ajinomoto for its monosodium glutamate (MSG) products, which saw a 4% to 5% increase for packages of 250 grammes, 500 grammes, and 1,000 grammes. Somsak Pornratanacharoen, honorary advisor of the Thai Wholesale and Retail…
- Business News
Rising travel costs hinder Asia-Pacific corporate travel, Visa reports
Rising travel costs and economic uncertainties are impacting business travel across the Asia-Pacific region, according to Visa. Companies are increasingly investing in digitalisation to manage their travel budgets more effectively. Chavi Jafa, Head of Commercial and Money Movement Solutions for Asia-Pacific at Visa, noted that while business travel may increase in the coming years, current high travel costs and economic…
- Business News
Thailand’s cybersecurity spend critical as cybercrime costs surge
Thailand’s current expenditure on cybersecurity stands starkly low at just 0.2% of corporate revenue, despite the looming surge in cybercrime-related costs projected to reach US$10.5 trillion globally by 2025, according to cybersecurity firm Fortinet. Krungthai Compass, the research division of Krungthai Bank, anticipates that Thailand’s cybersecurity investment will climb to 18 billion baht (US$490 million) by 2025. This growth, averaging…
- Thailand News
Ratchaburi farmers back new fertiliser project to cut costs
Farmers in Ratchaburi are optimistic about the Half-and-Half Fertiliser project, designed to alleviate financial strain and reduce production costs for rice farmers. The project, approved by the Ministry of Agriculture and Cooperatives, aims to support farmers planting rice in the 2024 to 2025 production year by providing 50 kilogrammes of fertiliser per rai, with a cap of 20 rai per…
- Business News
Car industry faces crunch as EV demand slumps and costs rise
The automobile industry, stretching from Europe to Asia, is bracing for a tough year ahead as rising costs and a slump in electric vehicle (EV) demand begin to take their toll on profits. Mercedes-Benz Group AG, yesterday, revealed plans to extend the lifespan of their combustion-engine cars due to underwhelming EV sales. Toyota Motor Corp, anticipating a 20% drop in…
