Thailand News
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How to reduce out-of-pocket medical expenses in Thailand?
Managing medical expenses in Thailand is important as healthcare costs continue to rise. The country’s healthcare system includes both public and private options, but even with the Universal Coverage Scheme (UCS) for citizens, many still face high out-of-pocket medical expenses....
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Government faces no-confidence vote with loss of five independent MPs
The Government was sworn in less than a month ago on July 17, but already faces the prospect of a no confidence motion on its ability to control the lower house majority after five MPs pulled out of the 19-party coalition bloc. Last week the ruling Government lost a vote on the floor over the role of the House Speaker.…
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Amnesty program for unlicensed Thai hotels finishes September 9
PHOTO: We needed a photo of a small hotel. So this is The Small Hotel in Krabi (already licensed!!) The Thai government has issued guidelines for unlicensed hotels under their amnesty program. Hotels must submit applications and complete improvements before September 9, so time is of the essence. Baker McKenzie Thailand has outlined the process and guidelines which we are republishing…
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Chewathai launches seven new property projects in Bangkok despite slowdown
Listed property firm Chewathai says they are revising down their revenue target for this year from 2.8 billion to 1.6 billion baht after demand for residential projects has shown a slowing down in the first half of 2019. The company’s managing director Boon Choon Kiet made the announcement yesterday. Boon says Chewathai’s total revenue of 618.65 million baht in the…
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Thai baht may need another ‘haircut’ by the Bank of Thailand before the end of 2019
Wednesday’s rate cut by the Bank of Thailand has not succeeded in reining in the surging baht, raising the prospect of another interest rate cut by 0.25 of a percentage point before the year-end. While the central bank’s statement on the policy rate reduction didn’t mention the strength of the baht, economists suspect the baht’s strength and its impact on…
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Organisers meet with immigration over TM30 petition – full report
(This post, re-published with permission, has been edited by The Thaiger to clear up the grammar and spelling without changing any of the intentions or meanings. Here it is, in full…) Yesterday, I met the Officer Longtor at Korat immigration. He was very nice, very polite and we had a conversation in Thai. I had with me a copy of…
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170 billion baht stimulus to focus on tourism as economy plateaus
Inbound tourism to Thailand is about to get a boost with a proposed 170 billion baht government stimulus package . The Finance Ministry will submit the full plan to Cabinet on August 19. Lavaron Sangsnit, the director general for the fiscal policy office, says the package aims to boost inbound tourism, and promote travel within the country by Thai and…
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Currencies and stock exchanges flutter as the dust settles on the latest threats in the US-China trade spat
Central banks in India, Thailand and New Zealand cut interest rates this week in an attempt to fend off any harm from the spiralling US-China trade war. The escalation of the trade war, sparked by fresh US tariff threats by US President Trump over the weekend, is seen as the reason for the policy shift. On Monday, the People’s Bank…
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Cabinet to consider visa-free travel for Chinese and Indian tourists
The Minister of Tourism and Sports, Pipat Ratchakitprakarn, says he intends to introduce visa-free travel for Chinese and Indian tourists later this year. He wants to put the proposal to Cabinet as soon as possible. Chins and India are targets for Thailand’s latest tourism promotions, so visa-free-travel is back on the table for urgent consideration. Currently, citizens of both countries have…
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Bank of Thailand cuts policy rate, to 1.5%
The Bank of Thailand’s Monetary Policy Committee has made a surprise decision today to cut the policy interest rate amid pressure to avert an economic slowdown and hedge the heightened trade war between the US and China. The MPC cut the interest rate by only 25 basis points to 1.5 %. But the cut is significant. Of the seven-member committee,…
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Ministry probes rented electronic monitoring ankle bracelets from China
The Thai Justice Ministry is investigating the electronic monitoring ankle bracelets rented by the Department of Probation from a Chinese company. A Thai company has complained that the device can be removed by the offenders wearing them without the department being alerted. Thai PBS reports that the complaint was filed by Aekkaphol Kongphutorn, representative of Fort Corporation, one of the…
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Board of Trade want Bank of Thailand to urgently address the baht
PHOTOS & GRAPHIC: The Nation The Board of Trade are meeting with the Bank of Thailand tomorrow (August 8) to discuss the value of the Thai baht, its appreciation against the US dollar and Chinese yuan, and the impact on the country’s exports. Sanan Angubolkul, the Board of Trade’s vice chairman, speaking to The Nation, says the baht has appreciated around…
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800 media professionals laid off or contracts unfairly terminated
The National Union of Journalists Thailand says the media situation in Thailand is looking increasingly grim with around 800 media industry staff either being laid off or having had their contracts unlawfully terminated. A portion of the media professionals also say they were not sufficiently compensated, in violation of Thailand’s labour laws. Also, many said they had not been paid…
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2,800 small Thai schools facing consolidation
2,800 small Thai schools with fewer than 40 students will be merged – this from the chairman of the Basic Education Commission. Associate Professor Dr Ekkachai Kisukphan says not all 18,000 small schools under the Office of Basic Education Commission that are located near one another would be merged. But the OBEC wanted to merge small schools each with fewer than…
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Baby in a rush in Chon Buri, born with 12 fingers and 12 toes
PHOTOS: sanook.com A mother has given birth to a healthy baby girl on the side of the road in Chon Buri. It does happen, sometimes the baby can’t wait until mum arrives at hospital. But this special bundle of joy has 12 fingers and 12 toes. But this was no surprise to the mother and grandmother who also have six…
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Minister books meeting to discuss 120 kph speed limits on Thai motorways
PHOTO: Thai Residents The new Thai Transport Minister Saksiam Chidchob will be chairing a meeting in the middle of August to discuss the proposal to raise the speed limit of private cars on Thailand’s four-lane highways to 120 kilometres per hour. Part of the proposal says that cars travelling in the far-right lane of a four-lane highway must also keep…
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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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PM holds urgent meetings with Thailand’s economic tsars today
The PM has put himself in control of Thailand’s economic matters nominating himself as Chairman of the Council of Economic Affairs. Today the PM Prayut Chan-o-cha holds talks with top officials of four key economic institutions on the budget bill as the economy, which has been a regional leader over the past decade, stutters. Academics are calling for cuts in military…
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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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Moody’s upgrades most Thai banks’ credit ratings from ‘stable’ to ‘positive’
Moody’s Investors Service upgraded the Baseline Credit Assessments of eleven Thai banks (1) Bangkok Bank Public Company Limited (BBL) (2) Bank of Ayudhya (BAY) (3) CIMB Thai Bank Public Company Limited (CIMBT) (4) Export-Import Bank of Thailand (EXIMT) (5) Government Housing Bank of Thailand (GHB) (6) KASIKORNBANK Public Company Limited (KBank) (7) Krung Thai Bank Public Company Limited (KTB) (8)…
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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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Expat group petitions Thai immigration to abolish TM30 form
A group of expats, representing foreigners living in Thailand for many years, has prepared a petition for affected expats to sign, before they present it to Thai Immigration and government officials. They are requesting changes to the enforcement of the controversial TM30 form. There is a link to their website at the bottom of the page where you can sign the…
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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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