Search Results for: the additional cost
- 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 Travel
Cost of living in Thailand as a digital nomad
Thailand is a popular place for digital nomads because it is affordable, has fast internet, and has a strong expat community. Whether in busy Bangkok or relaxed Chiang Mai, remote workers can enjoy both work and leisure. The cost of living in Thailand depends on lifestyle and location, with cheap apartments, a variety of food, and many coworking spaces. This…
- 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…
- 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…
- Health
5 hidden healthcare costs in Thailand and how to avoid them
Thailand’s healthcare system is affordable and supported by the Universal Health Coverage (UHC) scheme, offering essential services to most citizens. However, hidden healthcare costs can surprise patients and lead to unexpected expenses. These include specialist fees, insurance gaps, emergency services, and overpriced medications. This article highlights five hidden healthcare costs in Thailand and shares simple ways to avoid them for…
- 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:…
- 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,…
- 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,…
- Business News
Understanding the costs of renting in Dubai: A guide for Thai expats
Particularly for Thai expats who might not be familiar with the local rental market, renting a property in Dubai can provide both an exciting prospect and a challenging process. Dubai presents a wide spectrum of properties, from opulent villas to trendy apartments, but it’s important to grasp the whole range of expenses required outside just the monthly rent. The article…
- 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…
- Thailand News
Vaping troubles: British tourists warned of costly holiday mistake
British tourists heading abroad this summer are being warned of a costly mistake that could ruin their holiday. E-cigarette smokers need to be aware of strict anti-vaping laws in popular South East Asian destinations. The penalties for breaking these rules range from hefty fines to imprisonment. Countries like Thailand and Singapore have some of the strictest vaping bans in the…
- 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
Fishy finale: Prachin Buri seafood restaurant closes due to rising costs
The renowned seafood restaurant Soot Tiew Na Prachin Buri announced its closure due to rising costs, increased transportation expenses, and declining revenue. The restaurant’s last day of operation is this Sunday, June 16, and the owner is open to transferring the business to interested parties. The owner, Pak Kad, shared the news on Facebook today. “Hello, this is Pak Kad,…
- 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…
- International Education
How much do international schools in Thailand actually cost?
As a parent, you naturally want what’s best for your child, and for many, that might mean sending them to an international school. But the problem is, how much does an international school cost in Thailand? The price tags are different everywhere. What’s the big number for tuition? And what about extra costs that pop up when you least expect…
- Business News
Thai property stimulus measures to boost SET and lower costs
The Stock Exchange of Thailand (SET) is set to benefit from the newly sanctioned Thai property stimulus measures, which are expected to significantly lower costs for homebuyers. The reductions in transfer and mortgage fees apply to up to 70% of units available in the property market. The Cabinet this week approved measures for homes priced up to 7 million baht.…
- Thailand News
Thailand waives tolls for Songkran festival to ease travel costs
The Thai Cabinet approved a toll exemption for vehicles on Motorway No. 7 and Motorway No. 9 during the seven-day Songkran festival period to alleviate traffic congestion and facilitate convenience for travellers. The exemption will be in effect from 12.01am on April 11 to midnight on April 17, in time for the country’s traditional new year celebrations. The decision was…
- Thailand News
Thai-Chinese high-speed train project faces delay and extra costs
The Thai-Chinese high-speed train project is set to experience a delay of approximately two years, alongside an additional funding requirement of around 4 billion baht (US$111 million). This arises from a proposed track modification in Nakhon Ratchasima, according to the State Railway of Thailand (SRT). The State Railway of Thailand Governor, Nirut Maneephan, disclosed that this change involves contracts numbered…
- Business News
Cyber crime costs Thailand 6.76 billion baht in 70 days
Cyber crime inflicted a devastating blow to Thailand’s economy with losses amounting to 6.76 billion baht (US$192 million) within a span of 70 days, as reported by the Cyber Crime Investigation Bureau (CCIB). Despite a decline in call centre scams, there was a noted surge in scams related to the struggling economy, including those promising additional income and fraudulent loan…
- Business News
Boxed milk prices set to rise due to increased raw milk costs
The Internal Trade Department under the Commerce Ministry is poised to consider and approve a potential rise in boxed milk prices, following a request in alignment with increased raw milk production costs. The move comes on the heels of the Milk Board’s recent approval to hike the median ex-factory rates for raw cow’s milk by 2.25 baht (US$0.064) to reach…
- Thailand News
Chiang Rai accident victims struggle with costs as drunk driver offers minimal compensation
A tragic accident involving a drunk driver in an Isuzu D-Max, who collided with a motorbike, has resulted in serious injuries and financial hardship for the victims. The incident occurred in Chiang Rai on July 30, around 10pm, when Jidapa, a local shopkeeper, and her sister-in-law were returning home. The collision caused both women to be thrown in different directions,…
- Business News
CNG vehicle operators demand fuel price cut amid falling petrol costs
Transport operators providing services with compressed natural gas (CNG) vehicles are pushing for a price cut in fuel from the government following a decrease in diesel and petrol prices, inclusive of a recent 2.5 baht per litre drop for Gasohol 91. A group of operators, including those of passenger vans, congregated in front of the Energy Ministry yesterday, November 2,…
- Thailand News
Thailand’s ‘fuelish’ plan: Expanding subsidy scheme to drive down costs for motorcycle taxi drivers
The Government of Thailand is envisaging the introduction of a further stage in the fuel cost subsidy scheme for motorcycle taxi drivers. This move is part of a broader strategy to reduce operational expenses in public transportation. Prasert Sinsukprasert, the permanent secretary for energy, stated yesterday that a proposal for the new instalment of the energy cost subsidy initiative has…
