Thailand News
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Sponsored 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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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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Softening Chinese yuan no threat to Thai baht
The Chinese yuan dropped sharply to its weakest level against the US dollar in more than a decade, raising fears of further dangerous escalation in the US-China trade war. Yesterday, the Chinese yuan dropped below the 7 yuan to the US dollar threshold, marking the first time the renminbi has depreciated against the dollar since May 2008. The depreciation of…
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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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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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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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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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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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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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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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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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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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WWF Thailand pushes for sustainable tourism and preservation
An animal lover, nature lover and a Thai national, CEO of World Wide Fund-Thailand, Natalie Phaholyothin is particularly proud of Thailand’s national environment and wildlife heritage. “We have 127 national parks, which is quite a high number, and that in itself should be an indication of the potential for Thailand to become more of a sustainable tourism destination. “All Thais…
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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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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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Thailand’s Future Forward denies bizarre ‘Illuminati’ accusations
A lawyer and former advisor to Thailand’s chief ombudsman, Natthaporn Toprayoon has gone ‘full woo woo’ in cobbling together arguments to disband the Future Forward Party. In a petition submitted to the Constitutional Court, the lawyer has invoked fears of the ‘Illuminati’ secret society. He has accused Future Forward as being a threat to the country’s constitutional monarchy. He says…
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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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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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