Thailand News
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American Airlines inks deal with Cathay Dragonair for more destinations in SE Asia
American Airlines says they now have a new deal with Hong Kong-based Cathay Dragon Airlines allowing US fliers access to South East Asian hot spots such as Phuket, Chiang Mai, Da Nang and Dhaka, Bangladesh. American’s network also will have more frequent flights to Penang, KL and Hanoi. The deal is said to strengthen American and Oneworld’s ties to Asia, the…
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Property developer confidence takes a dive in second quarter 2019
A measurement of real estate developer confidence for the Q2 2019 (April to June) has dropped to 42.2 points from 50.4 points for Q1 2019 (January to March). Thai PBS reports that the second quarter confidence index has fallen below the 50 point median index, reflecting developers’ declining confidence in the economic situation and investment in Thailand. Real estate developers…
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Opposition parties to keep heat on campaign for amendments to Thai Constitution
The seven-party opposition coalition, led by Pheu Thai and Future Forward MPs, is stepping up its campaign to seek public support for its attempts to amend the Constitution and to educate the people about the Thai Constitution. Speaking at a news conference, after a meeting of representatives from the seven opposition parties held yesterday (Monday), Pheu Thai MP Anusorn Iamsa-ard…
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WeWork Labs join hands with local industry to innovate Thailand’s food industry
WeWork Labs today announces its partnership with National Innovation Agency (NIA), SET-listed Thai Union Group and Mahidol University’s Science Faculty for the SPACE-F program that aims to build a sustainable ecosystem to nurture FoodTech startups in Thailand. SPACE-F is the first global FoodTech startup incubator and accelerator in Thailand and will provide innovative services and support to empower the next…
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Aussie couple blame a dodgy pad thai in Thailand for two years of hell
A couple from Perth in Western Australia are blaming a plate of Pad Thai has put them through two years of hell. (The link between the pad thai, though implicated by the couple, and their illness was never fully explained) Stacey Barnes and Ryan Prigg from Perth, along with their two children, visited Thailand for a holiday in 2017. Once…
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Post-election uncertainties see World Bank downgrade GDP further
Thai GDP growth is projected to fall from 4.1% last year to 3.5% in 2019, according to a World Bank report out today. The Thailand Economic Monitor noted that exports contracted by 4% in the first quarter of 2019 – the first quarterly contraction in three years. Private investment and household consumption continued to grow close to their three-year high, helped…
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Thai parliament addresses low prices for farm produce
PHOTO: Low prices for produce, from coconuts to rice, roller to oil palm The new parliament has considered urgent motions on the low prices of farm goods and resolved to set up a 39 member extraordinary House committee to look into the the matter. The new Thai House of Representatives has deliberated 11 urgent motions lodged on the issue of…
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Thai school lunch program must be investigated – PM
The Thai PM has ordered the Education and Interior minister to fully investigate the free lunch program for kindergarten and primary school children after allegations of corruption have re-surfaced at some schools. Deputy government spokesman Lt-Gen Werachon Sukondhapatipak says that the PM has received a report from the National Anti-Corruption Commission about alleged corruption concerning the program in the northeastern…
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‘Grow up’ , ‘don’t throw tantrums’ – Palang Pracharat spokesperson
PHOTO: Uttama Savanayana, left, and Thanakorn Wangboonkongchana Thanakorn Wangboonkongchana, deputy spokesperson for Phalang Pracharat Party, is lambasting the opposition for being “childish and narrow-minded” as it filed its petition to censure the PM. He says the opposition should give the new government some time to work before launching no-confidence motions against it. “I want the opposition to be more open-minded…
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German arrested in Phetchabun on Interpol warrant
A 43 year old German man, Sacha Durst, wanted in Germany for fraud and document forgery, has been arrested in the province of Phetchabun, central Thailand, according to Immigration Bureau chief Pol Lt-General Sompong Chingduang. Following a request from their German counterparts, Thai police arrested Sacha Durst who had reportedly been laying low in Thailand since 2015, at a resort in…
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Petition pushing for Prayut’s disqualification as Cabinet member handed to Constitutional Court
PHOTO: The Nation Lower House speaker, Chuan Leekpai, has forwarded a petition to the Constitutional Court calling for the disqualification of PM General Prayut Chan-o-cha as a Cabinet member. The petition, signed by 101 MPs, was handed to Chuan by opposition Pheu Thai Party member Chonlanan Srikieo. The petition suggests that Prayut does not qualify as a Cabinet member, according to…
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New Cabinet list submitted for royal approval
The list of Cabinet members has been submitted for royal endorsement, according to Deputy PM Wissanu Krea-ngam. He was speaking after presiding over the opening of Thailand Social Expo 2019 at Impact Muang Thong Thani. Wissanu declined to give further details, saying that any media questions regarding the matter should be directed to PM Prayut Chan-o-cha. He explained to the…
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Thai Stock Exchange best performer in Asia – first six months
The Stock Exchange of Thailand (SET) Index shows an increase of 6.8% over previous month up to the end of June, marking it as the best performer in Asia. The SET is up 10.6% from the end of 2018 to 1,730.34 points. The average daily trading value of SET and Market for Alternative Investment in June was 60.53 billion baht…
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Airbnb estimates direct economic impact in Thailand exceeds 33.8 billion baht
• 80 percent of local Airbnb hosts saying they recommend restaurants and cafes to guests • Airbnb guests saying that 46% of their spending occurs in the neighbourhood where they stay. According to new survey findings and an analysis of internal data released today, Airbnb’s host and guest community generated over 33.8 billion baht in estimated direct economic impact in…
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TAT reach out to the NY Pride March to attract more LGBT tourists to Thailand
The Tourism Authority of Thailand is reaching out to the US LGBT community to help broaden Thailand’s tourism base and attract more travellers. The TAT sent a contingent to New York’s annual pride parade, held on World Pride Day, to lure more tourists to the Kingdom. The parade was held last Sunday. TAT are using the branding “Go Thai Be…
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Bank of Thailand tackles surging Thai Baht
In attempts to exert some pressure on the Thai Baht control levers, the Bank of Thailand says it’s scaling back the auction size of short-term bonds. The actions are an attempt to curb the rapid surge of the Thai Baht which hit a six-year high last Monday. The central bank has announced that the reduction of short-term bond supply is…
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Thai PM hints at a ‘solution nobody wanted’ if he can’t solve Cabinet squabbles
Yesterday’s mea culpa by the Thai PM Prayut, rather than providing a reassuring tone for the Thai electorate, has ended up stirring up rumours of another coup. Though the aim of the apology was to help mend the ongoing struggles within the Palang Pracharat Party over cabinet positions (let alone the other 19 parties involved in the pro-junta bloc), Prayut…
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The Tesla of Thailand takes on the big car-makers
There are less than 1,500 battery-powered vehicles in Thailand. Thai billionaire Somphote Ahunai wants to change that with his Energy Absolute. He envisions a total closed universe where he makes the cars, builds the charging stations, then provides the electricity to power the charging stations. The popularity of motorcycles and the busy streets of South East Asia cities are just…
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The Thai Baht in 2022 – a prediction
Please note: This is just ONE website’s predictions of the currencies in the future. It should not be taken as a serious representation of the state of the world currencies in 2022. Trying to find a few good numbers amid the bad we thought we’d look forward three years to some of the world’s major currencies and their projected performance…
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Tourism Authority of Thailand downgrades revenue from tourism in 2019
The Tourism Authority of Thailand is being forced to revise down its tourism revenue growth projections for 2019, but they’ve only cut their projections .5% from 10% growth predicted earlier this year, down to 9.5% growth instead. They still believe that the tourist numbers will settle and will reach 40.2 million for this year but this is down from their…
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Thai authorities moot compulsory travel insurance for travellers
PHOTO: South East Asia Backpacker Magazine The Thai Office of the Insurance Commission says they expect to introduce compulsory travel insurance for visitors to Thailand by the end of 2019. It would be charged to tourists who arrive without travel insurance and go into a ‘fund’ to be used to pay for repatriation costs in the event of misadventure. The…
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British travellers to Thailand make more insurance claims than any other country
According to a survey, the ‘Travel Smart Insurance Index’ recently released by the UK Post Office, more British travellers to Thailand made insurance claims for medical costs of repatriation after visiting Thailand than any other country. According to the report, the Post Office teamed up with the Centre for Economic & Business Research and analysed 17,295 claims from its Travel…
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Deputy PM expresses ‘regret’ over the brutal attack on political activist ‘Ja New’
Deputy PM Prawit Wongsuwan has expressed regret over the brutal attack on political activist Sirawith Seritiwat, or Ja New, and ordered the national police chief, Pol Gen Chakthip Chaijinda, to hold an urgent meeting with the metropolitan police commissioner to discuss the incident and to intensify efforts to track down the perpetrators, as well as the mastermind behind the assault,…
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Fewer Nordic expats renewing their visas to stay in Thailand
by Gregers Møller Website ScandAsia.com and writer Gregers Møller reports that nordic expats – business people, on retirement or family-based Thai visas, renewing their visas this year – has dropped by around 10% this year. He reports “This is the first decline in 12 years. If the trend continues, there will only be 861 Nordic people on a business visa left…
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High-speed rail airport link contracts to be signed next month
The Eastern Economic Corridor Policy Committee has reported progress in the high-speed rail project to link three airports (Suvarnabhumi, U-Tapao and Don Mueang), and the Map Ta Phut industrial port development project. Contracts for both projects are expected to be signed between state firms and private concessionaires in July. The Eastern Economic Corridor Policy Committee, chaired by PM Prayut Chan-o-cha,…
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TAT chief blames high baht for drop in tourists to Thailand
Thailand’s tourism numbers have been dropping over the past three months, against projections and when compared to year-on-year figures. And the blame game has started. TAT (Tourism Authority of Thailand) chief Yuthasak Suphasorn is blaming the high value of the Thai baht for the worse than expected tourist figures. He admits that European visitors are being more careful over their money and…
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Thailand tops the poll for countries offering travellers the ‘host’ factor
“The perfect destination for travellers seeking to experience a warm welcome and immerse themselves in the local culture.” A recent poll by booking.com across 29 countries has found Thai people to be among the top nationalities who consider their country to be more hospitable than others. Thailand, along with Indonesia, Mexico, Taiwan and India, are the top five countries where…
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Students and driver injured in Petchabun bus incident
PHOTOS: Sawangbueang Sampan Thammasatan Rescue Eight people have sustained injuries after an incident between a motorbike and a bus carrying students in Petchabun, north-central Thailand. Emergency responders were notified of the accident in Baan Bueang Sampan, Petchabun this morning. Rescue workers arrived to find an overturned orange school bus on the road. Nearby was a damaged motorbike. Seven students and the…
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OPINION: A sad, but inevitable, farewell to The Nation daily
Sad news that after 48 years, The Nation Multimedia Group is shutting up shop on its daily newspaper. It’s final edition hit news stands around Thailand today (June 28). It wasn’t entirely unexpected and is a decision that every newspaper has either already made, is constantly reviewing or will have to make in the future, probably soon. The Nation Multimedia…
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A new beginning at 48 – The Nation prints its last newspaper today
The Nation daily newspaper, known for its independent and aggressive news reporting, publishes its last print edition today. After 48 years on the newsstands, one of Thailand’s only two English dailies, goes the way of many good banners before them. The Nation will continue as an online news source. The newspaper is the latest victim of the disruptive technology that…
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