cost of living
- Thailand News
Soaring food costs: Pork prices in Chai Nat spike
Consumers yesterday were victims of a surge in vegetable prices, followed by a 10-baht-per-kilogramme increase in pork prices today, eliciting urgent pleas from vendors to the government for assistance, as the burden of living expenses becomes progressively unbearable for citizens. Within the bustling municipal market of Chai Nat, a disquieting trend persists, causing concern among both vendors and buyers: the…
- Thailand News
Government Savings Bank unveils 100,000 baht loan scheme for struggling self-employed workers in Thailand
The Government Savings Bank (GSB) is launching a loan scheme targeting small-scale self-employed individuals, such as taxi drivers, motorcycle taxi drivers, riders, and online sellers. The bank is offering loans of up to 100,000 baht, repayable over eight years, to support these workers who have been adversely affected by the rising cost of living, resulting in reduced income and financial…
- Retire in Thailand
The best places to retire in Thailand 2023
Thailand is undoubtedly a charming country. And for many people, spending retirement years in this country is the ultimate dream. There are so many good reasons to retire in Thailand. The people are friendly and welcoming, the weather is fantastic, and high-quality medical care is widely available. Plus, who wouldn’t want to live in the perfect property surrounded by beautiful…
- Business News
Commerce captain charts cost of living course: Cost-cutting and export-boosting ahoy
New Commerce Minister Phumtham Wechayachai aims to address the cost of living and align product prices with production costs. He plans to expedite efforts to discover new export markets and enhance Thai shipping opportunities through increased trade negotiations. On his first day, Wechayachai emphasized his commitment to Prime Minister Srettha Thavisin‘s policies and assured prompt attention to public concerns, especially…
- Phuket News
Blue Flag market unveiled by Phuket to combat rising costs
Phuket is preparing to host a monthly special market dubbed the “Blue Flag.” The market is hoped to bring an economic lifeline to the less affluent residents of the city as they struggle with the inflating prices of common household essentials. The Phuket Provincial Commerce Office has taken the initiative of kick-starting the Blue Flag market beginning from the first week…
- Economy News
Household debt in Thailand soars to 86.9% of GDP, dampening consumer spending
Thailand’s mounting household debt is raising concerns, as it continues to hinder consumer spending, affecting various industries and impeding economic growth. The latest data from the National Economic and Social Development Council shows debt in the nation reached 15.1 trillion baht in the fourth quarter of 2022, a 3.5% increase year on year, and accounting for 86.9% of GDP. Debt…
- Business News
New government urged to tackle living costs, support steel industry
The incoming government, led by the Move Forward Party, has been urged to address the high cost of living and expensive electricity bills while continuing to support the domestic steel industry, according to Somsak Leeswadtrakul, a prominent steel magnate and philanthropist. Tackling the rising cost of living, particularly for low-income earners, should be among the top priorities for the new…
- Guides
Exploring the cost of living for retirees in Thailand
The cost of living for retirees in Thailand has become an increasingly popular topic of discussion, as many individuals from around the world are considering spending their golden years in this beautiful and culturally rich country. Thailand offers a welcoming environment for those looking to enjoy a relaxed and comfortable lifestyle. However, understanding the financial aspects of retiring in this…
- Expats
How are expats coping with Thailand’s rising cost of living? – VIDEO
Sunday Thailand news update. Tim goes through the main headlines of the day then takes your questions and comments in our new weekend Thaiger Weekend Update. The main topic is the rising cost of living in Thailand and if it’s going to push out more expats who are on fixed incomes. But where will they go? An hour of the…
- Destination Guide
Survival Guide: How much does it cost to live in Thailand?
Thailand gets a lot of attention as a fantastic travel destination in Southeast Asia; it’s also a great place to call home. The most common questions before moving to a new country include, “How much is it going to cost me?” and, “Is X amount enough each month?” While there are no fixed amounts, we are here to help paint…
- Thailand News
Truck drivers threaten to camp in front of Energy Ministry because of diesel price
Angry truck drivers say they will protest and camp out in front of if Thailand’s energy ministry if the minister doesn’t lower diesel prices in seven days. The chairman of the Land Transport Federation of Thailand (LTFT) also said the federation would join protests with other groups hurt by Thailand’s rising cost of living, like farmers affected by low crop…
- Bangkok News
Survival Guide: How much does it cost to live in Thailand?
Thailand gets a lot of attention as a fantastic travel destination in Southeast Asia; it’s also a great place to call home. The most common questions before moving to a new country include, “How much is it going to cost me?” and, “Is X amount enough each month?” While there are no fixed amounts, we are here to help paint…
- Expats
Bangkok is 4th best place to live in Southeast Asia, according to expat survey
Bangkok has come in at number 4 in a survey ranking the best places to live in Southeast Asia. And the Thai capital has come in at number 11 out of 57 cities in the global rankings. This is a big jump on last year’s result, when it was ranked at number 30 out of 66 cities. According to a…
- Things To Do
The best places in Thailand to retire
Thailand is a magical place for travellers. And, if you are planning to retire, you can certainly do so in style in the Land of Smiles. If you have retirement funds or will get a pension, this tropical country is definitely something to consider living out the rest of your time on Earth. With exotic locations and delicious food among…
- Expats
Retiring in Thailand, most of the things you need to know
Please note: The information in this document is provided as a guide only. You should always check the latest information with a Thai Immigration official or professional visa agent. Thailand remains a popular world location for retirees – the beaches, climate, access to good medical care and great food. There may be a few more potholes in the roads and…
- Thai Life
How to save $24,000 a year – the move to Chiang Mai
An Australian couple say they’ve saved almost $24,000 a year after a move from life in Melbourne to Chiang Mai. Michelle and her fiance Jason moved from Melbourne in the southern state of Victoria to northern Thai ‘capital’ Chiang Mai at the start of 2018. Freelance journalist Michelle has shared her savings and new lifestyle experiences in International Living. “Before…
- Business News
Bangkok now in the Top 10 list for most expensive Asian locations for expats
Bangkok has, for the first time, made it into the list of Asia’s top 10 most expensive locations for expats. A rise in average rental prices this year caused by an influx of expats from China and an increase in tourism traffic have hit expats and put the city in 10th place on the annual list, with an average US$3,880…
