Thailand News
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Sponsored 5 ways retirees in Thailand lose money (and how to stop it)
Retiring in Thailand can be affordable and enjoyable, but many retirees lose money due to common mistakes. High living costs, scams, and unexpected expenses can quickly drain savings. There are five ways that retirees in Thailand can lose money and...
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Most Thai motorcycle riders don’t wear crash helmets
Only 45% of Thai motorcycle users wear crash helmets, that includes riders and pillion passengers. With young people under 18 the results are a pitiful 22% of users wearing any head protection, even less for children. Dr. Werapan Supanchaimart, vice chairman of the Thai Health Promotion Foundation, said at a seminar yesterday that the Thai Roads Foundation and Road Safety Watch…
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Thailand and EU prepare for signing of a strategic trade partnership
Thailand and the European Union are ready to sign a draft Strategic Partnership and Cooperation Agreement to promote bilateral trade and investment in the future. Federica Mogherini, an EU Representative for Foreign Affairs and Security Policy, and vice chairwoman of the European Commission, met today with PM Prayut Chan-o-cha during her visit to Thailand to attend the ASEAN Plus Foreign…
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National police chief is going to war with street racers
PHOTO: The almost weekly crackdown on motorcycle street racing around Bangkok. So far measures haven’t worked to curb the activities of the fast & furious Bangkok youth – Bangkok Post Despite weekly reports about late night weekend street racing around parts of Bangkok, and the sophisticated use of social media to promote the events, the national police chief Pol General…
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Thailand’s baht is getting stronger, and that’s a problem
Since the beginning of 2018, Thailand’s currency has jumped more than 5% against the US dollar. Year-on-year it’s bounced up nearly 8%. The Thai Central Bank may be forced to cut rates to curb the popular currency. The Thai baht continues to soar against the USD this year, significantly more than many other emerging market currencies. But the flexing Baht muscle…
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Proposal being prepared to raise the speed limit on Thai motorways up to 120 kph
Saksayam Chidchob, Thailand’s new transport minister, wants to raise the speed limit on main roads in Thailand to 120 kilometres per hour The proposal, just an idea at the moment, would mean four lane motorways and expressways would have an upper speed limit of 120 kilometres an hour, according to an article in Manager Online. Saksayam says he believes the…
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Make it a date – Thai public holidays in 2020
Public holiday dates are out for 2020 with a few waiting to be announced. But it might be the start of you working out your holidays to Tahiti and Acapulco for the next year. The new holidays commemorate Coronation Day (held in May this year), and the birthdays of the King and the new Queen. The birthdays for King Bhumibol…
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British Pound was close to the worst performing currency in the world
Nigel Green, the founder and CEO of the deVere Group, a leading independent international financial consultancy, says the GBP (Pound) is going to continue to be battered and bruised in the short-to-medium term, no matter who is leading the political fray. He spoke out after the Sterling dropped more than 4% yesterday in its worst performance since October 2016, based on…
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TAT’s #WeDareYouThailand online video campaign wraps up today
The Tourism Authority of Thailand (TAT) WeDareYouThailand online video sharing campaign that ‘dared’ foreign tourists and expats in Thailand to accept four challenges by creating videos to post on social media, finishes today. The campaign has been running since June 3. Each of the four activities allowed participants to discover more about Thai culture through four different types of challenges…
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Thai Department of Land Transport brings better tech into the classroom
The Department of Land Transport is going to use fingerprint scanners, e-classrooms and CCTV as it aims to improve standards in the country’s driving schools. There are 275 DLT certified driving schools in 66 provinces across Thailand. Privately operated, they are given DLT quality guidelines which they must follow to maintain the level of their training and testing procedures. DLT…
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British and Australian expats and tourists ponder the Thai baht
The British pound continues to sag against the strong Thai Baht. And things are predicted to worsen for British tourists and local expats relying on funds out of the UK, as analysts predict the GBP to drop further as the date approaches for a ‘no deal’ Brexit and the Thai Baht continues to surge. As of 11.30am Thai time, the…
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Thai Navy pushing Cabinet for a second Chinese submarine
The Royal Thai Navy say they want to purchase a second submarine valued at 12 billion baht from China. Under the NCPO military government the cabinet agreed with the navy’s plan in 2016 to buy three submarines from China valued at 36 billion baht. The purchases would be spread over 11 years. The navy says they’re now waiting for the…
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TAT governor predicts Thailand tourism will bounce back in second half of 2019
Yuthasak Suphasorn, governor of the Tourism Authority of Thailand says all is good for tourist arrivals in Thailand. He predicted that 9.7 million foreigners were expected to visit in Q3 (July to September), up 7% year-on-year. He reported that trends show that domestic and foreign tourists will be spending 820 billion baht. That would be 9% up on the same…
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Super Poll report card on the first days of the new Thai Parliament
A Super Poll has published results of Thai’s thoughts on the first few days of the new Parliament. • 72% say they gained nothing from the debate in parliament on the government’s policy statement • 78.6% admit they did not believe political parties would fulfil their election pledges. • 27.2% of the respondents said they have benefitted from the debate…
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Thai Airways needs restructuring to survive
Store your tray table and buckle up. It’s going to be a bumpy ride at Thai Airways. The airline’s president Sumeth Damrongchaitham say Thai Airways needs complete restructuring if it is to survive in the highly competitive aviation business. Sumeth said that under the restructuring, Thai Airways will focus more on the international market and link up with other members…
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Lights, camera, blog. TAT reaches out to online millennials.
PHOTO: Where in the World is Nina? With pressure on tourism authorities to come up with new ways to lure tourists to the Land Of Smiles and rebrand the tired ‘Amazing Thailand’ promotion, the Tourism Authority of Thailand (TAT) have come up with the ‘Thailand Village Academy’. Stepping firmly into the world of online bloggers and social media, the TAT…
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Happy Birthday to His Majesty the King
Happy Birthday to His Majesty the King, the first birthday celebrations of Thailand’s monarch since his Coronation in May. The government has organised religious and celebratory events in Bangkok and around the country today to honour His Majesty the King on his 67th birthday. Prime Minister Prayut Chan-o-cha will lead government dignitaries and state officials in a rite offering alms…
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Thailand’s headline inflation surged over 1% in March
“The SCB Economics Intelligent Centre has revised down its forecast for average headline inflation in 2019 to 0.9% year on year, a slight decline from the previous forecast of 1.0%year on year.” Thailand’s headline inflation surged to 1.24%, year on year, during March. This is up from 0.73%, year on year, in the previous month. Food and energy prices are the…
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Facebook removes accounts and pages because of “inauthentic behaviour”
“Facebook says the reason for the removal of the posts and accounts was because of their “behaviour” not the content they posted.” Facebook has erased over 1,800 accounts and pages from Thailand, Russia, Ukraine and Honduras in a move to counter abuses of its service and “deceptive political propaganda”. Facebook has shared examples of Thailand-based Facebook accounts, posts and pages it…
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Fights on offer as Pheu Thai MP and senator bicker in Parliament
PHOTO: @tanawatofficial It only took two days before the fingers started pointing and the first offer of a fist fight was made. Senator Kittisak Rattanawaraha, who challenged Pheu Thai MP Yutthapong Charassathien in parliament to a fist-fight yesterday, admitted he lost his patience because of Yutthapong’s continual bad-mouthing of other MPs. The Senators have all been hand-picked by the NCPO…
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Former police chief, turned MP, rails against the PM
PHOTO: Thai PBS Seri Ruam Thai party leader Pol Gen Seripisut Temiyavet, former Police Chief appointed by the NCPO, is taking the fight right up to the PM and the coalition, hinted to the media before parliament resumed todaythat he still has enough ammunition to fire at the government and, particularly, Prime Minister Prayut Chan-o-cha. During his time as the Junta’s…
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400 baht minimum daily wage worries Thai business chamber
The Thai Chamber of Commerce is raising concerns over the government’s proposal to raise the minimum daily wage to 400 baht. They say it will severely hit the country’s small to medium businesses. Chamber chairman Kalin Sarasin says they have been discussing the proposal with Chamber members and business operators discussions with many business operators. They found that most of…
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Accusations, working off-script and walk-outs. Day one in the new Thai parliament
PHOTO: The Nation One day down, another today. Thailand’s PM had his first day in a parliamentary setting and, despite taunts and barbs being thrown at him in true Parliamentary style, he stood firm. Sometimes working off-script and at other times visibly annoyed, PM Prayut Chan-o-cha barrelled through the formalities with a few “settle downs” coming from his right-hand man,…
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80 opposition MPs ready to go to battle with ‘newbie’ Thai PM
He’s never spoken in a Thai parliament. He’s never been leader of an elected government. He’s never had to do much debating or political negotiations. But he’s the Prime Minster of Thailand and he faces up to the new parliament tomorrow and Friday for the first two days of debate. All eyes will be in the PM to see how…
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House speaker warns MPs to behave when new Thai parliament sits tomorrow
PHOTO: “Behave!” – House Speaker Chuan Leekpai – Thai PBS The first sitting of the new parliament will be tomorrow (Thursday) when the coalition government, led by PM Prayut Chan-o-cha, will lay out the policies of the government. And MPs are being warned to behave ahead of time. Members of parliament are being warned by the speaker of the house…
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Thai workers killed in van crash in South Korea
PHOTO: Thaikuknews Two Thai citizens have been killed in South Korea after their passenger van carrying 16 people skidded off a mountain road heading to a farm. The Korean Times reports that the two Thais, the van driver and another passenger were seriously injured after the van crashed through a guard rail. Nine other people, of mixed nationalities, were in the…
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Thai Government to focus on EEC projects to propel economy
PM Prayut Chan-o-cha will unveil his new government’s policy statement in Parliament when it sits formally on Thursday. Leaks to the media indicate his 12 ‘urgent’ and 12 ‘long-term’ policies will help Thailand step up to “developed-nation status” with many of the policies focussing on the Eastern Economic Corridor project. Among the urgent policies, the sixth calls for a “future-proof”…
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International credit rating agency gives Thailand a BBB+ economic report card
Fitch Ratings has revised its outlook on Thailand’s Long-Term Foreign Currency Issuer Default Rating to “positive” from “stable” and upgraded the rating to BBB+. The revision reflects increasing international economic confidence that lingering political risks are unlikely to derail “sound macroeconomic management”, according to the international credit rating agency, Fitch. “This is demonstrated by the sustained strength of external and…
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The price of opposition in Thailand
“They create an atmosphere of fear by attacking us, even in broad daylight in the streets.” Sirawith Seritiwat, aka. ‘Ja New’, is not new to politically motivated violence. As the metal bars beat him again and again in broad daylight in a Bangkok street last month, he wondered if this time the attackers were going to kill him. Suddenly others…
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Airbnb welcomes new Thai Tourism Minister support of ‘short term’ accommodation
Airbnb welcomes the new Tourism and Sports Minister Pipat Ratchakitprakan’s and his commitment to grow tourism and support short-term accommodation in Thailand. Speaking to local media on his first day in office, Minister Ratchakitprakan identified short-term accommodation reform and growing tourism in secondary cities as a priority area for the Tourism and Sports Ministry. Airbnb’s Head of Public Policy for…
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TMB – strong baht hits foreign investment funds
TMB Bank are reporting that the strong baht has cut the value of the foreign investment fund under fund management, falling by 27 billion baht from 1.2 trillion baht at the start of the year. TMB said the drop reduced the fund’s return by 0.47%. The least impacted funds are those covering oil investment, gold, and property funds, at 0.53%,…
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