costs
- Business News
Noodle no more: Ramen shops fold under rising costs (video)
In an unprecedented wave of financial distress, a record number of ramen noodle eateries in Japan went belly up in 2024, unable to stomach the soaring ingredient and utility costs without raising their own prices. Research firm Teikoku Databank Ltd has revealed that insolvencies with liabilities of at least 10 million yen (approximately 2.2 million baht) surged by more than…
- Thai Life
How much do you need to live comfortably in Thailand?
Hosting 28.15 million tourists in 2024, Thailand is built to attract international attention. But with so many types of people in this city, do you ever wonder about how much they have to spend to live here? In this article, we will provide some insights into the cost of living in Thailand and, most importantly, how much you need to…
- Travel Guides
Jet ski scams in Thailand to be aware of
Imagine returning your rented jet ski, only to be confronted with claims of damage you didn’t cause. Scammers may even rent out faulty vehicles, leading to accidents and further demands for compensation. The situation’s made worse by the jet ski scam when you’re forced to purchase unnecessary insurance or extras, inflating costs significantly. Knowing the risks and being prepared can…
- Automotive
Most trending EV cars in Thailand
Thailand is rapidly becoming a significant player in the electric vehicle (EV) market, driven by government incentives, a growing charging infrastructure, and increasing consumer awareness of the environmental benefits of electric cars. As the country aims to transition towards sustainable transportation, several EV models have gained popularity among Thai consumers. This article explores the most trending EV cars in Thailand,…
- Retire in Thailand
Things you should avoid doing after retirement in Thailand
Dreaming about sipping fresh coconut water on the beautiful beaches of Thailand when you retire? You are not alone. Thailand is super popular among retirees because of its stunning landscapes, yearlong tropical weather, and affordable lifestyle. But we all know that retirement is not just about hammocks and sunrise swims, right? There can be a few bumps on the road…
- Business News
Post-pandemic airfares to remain high amid travel surge
Despite a slight relief due to declining jet fuel prices and increased flight capacity, airfares are expected to remain high in the post-pandemic travel surge and are unlikely to revert to pre-pandemic levels soon. AirAsia Aviation’s CEO Bo Lingam spoke on the changes in travelling patterns post-pandemic in an interview. “[The aircraft] load factor is around 90%, this was unheard…
- Business News
Chinese tourists shift to local travel amid rising costs, visa woes
A shift in Chinese travel preferences is reshaping the global tourism landscape. Rising costs and visa challenges are driving Chinese tourists to opt for local and short-haul destinations instead of international travel. The slower-than-expected revival of China’s outbound travel market, which was the world’s top spender on international tourism pre-pandemic, is impacting travel-related businesses, hotels, and retailers worldwide. Eighteen months…
- Thailand News
Fishy finale: Prachin Buri seafood restaurant closes due to rising costs
The renowned seafood restaurant Soot Tiew Na Prachin Buri announced its closure due to rising costs, increased transportation expenses, and declining revenue. The restaurant’s last day of operation is this Sunday, June 16, and the owner is open to transferring the business to interested parties. The owner, Pak Kad, shared the news on Facebook today. “Hello, this is Pak Kad,…
- Thailand News
British family leaves UK for Thailand for cheaper living costs
A young British family has swapped the grey skies of Cheshire for the sunny shores of Thailand, seeking refuge from the UK’s crippling cost of living crisis. Jess, her partner Harry (surnames withheld), and their two year old daughter Cece uprooted their lives in Congleton to start afresh in Southeast Asia. Their decision was driven by surging energy bills that…
- Thailand News
Sky-high costs: Why flying in Vietnam is becoming a luxury
Flying to Vietnam has become increasingly costly for tourists, with airfares reaching unprecedented heights. But what’s driving these price hikes, and why are neighbouring countries like Thailand offering cheaper alternatives? Deputy Minister of Transport Nguyen Danh Huy highlighted the factors propelling Vietnam’s flight costs to stratospheric levels during a recent session of the National Assembly. According to Huy, Vietnam Airlines has…
- Thailand News
Chilli shoppers feel the heat as market prices surge amid dry spell
Shoppers at Naklua Market were left stunned by an unexpected surge in veggie costs, particularly garden chilli peppers, driven by a relentless dry spell gripping the region. A survey yesterday revealed a dramatic spike in the cost of garden chilli peppers, which have skyrocketed from 200 to 400 baht per kilogramme. To cope with the steep prices, vendors have resorted…
- Cannabis
The importance of having a cannabis zipper
Considering the investment in cannabis with prices for an ounce, or a zip, in legal markets, ensuring your stash remains top-notch is critical. A cannabis zipper comes to the rescue here, expertly sealing in that freshness and shielding your precious greens from any pesky external factors. It means that every single pound spent mirrors directly in the awesomeness of your…
- Thailand News
Custom Mercedes Maybach in 11.2 million baht crash goes viral
A recent collision involving a customised two-tone Mercedes-Benz S580e Maybach and a pickup truck caused a stir online, with netizens reacting in shock to the estimated 11.2 million baht worth of damages to the luxury car. The incident was highlighted on TikTok by user Banknitikorn, who shared images of the aftermath. Amidst an outpouring of comments, concerns were raised regarding…
- Automotive
EV charging stations in Thailand
EV charging stations in Thailand are quickly growing as the country adopts electric vehicles to fight air pollution and lower fossil fuel use. The Thai government supports electric mobility, and the increasing demand for EVs is boosting the expansion of charging stations. This shift offers opportunities for local and international investors and helps consumers choose eco-friendly transportation. In this guide,…
- Business News
Labour costs outpace revenue growth in Thai tourism sector
Rising labour costs in the tourism sector are outpacing revenue growth, resulting in increased hotel expenses, as revealed by hospitality market analyst STR. Jesper Palmqvist, senior director for Asia-Pacific at STR, warned that the only risk for hotels this year is maintaining cost controls in light of the extraordinary growth of labour costs and room rates. Over the past one…
- Business News
Boxed milk prices set to rise due to increased raw milk costs
The Internal Trade Department under the Commerce Ministry is poised to consider and approve a potential rise in boxed milk prices, following a request in alignment with increased raw milk production costs. The move comes on the heels of the Milk Board’s recent approval to hike the median ex-factory rates for raw cow’s milk by 2.25 baht (US$0.064) to reach…
- Business News
Thai government’s policy paradox: Digital wallet scheme and minimum wage hike under fire
The Thai government of Prime Minister Srettha Thavisin has faced significant challenges since coming to power seven weeks ago, with various commitments made during their campaign now under scrutiny. A crucial task includes the repatriation of Thai citizens affected by the Middle East conflict and the ongoing Israel-Hamas unrest. The Thai government’s promise to hike the daily minimum wage to…
- Business News
Thai AirAsia CEO urges government to curb rising travel costs
Thai AirAsia‘s chief executive Santisuk Klongchaiya advocates for government intervention to mitigate escalating travel expenses for tourists, alongside the visa-free scheme for Chinese visitors. He justifies this by citing the disproportionate resumption of travel demand compared to the supply side, particularly in the airline industry, in the past year. Thai AirAsia’s capacity to serve China routes has notably reduced. Previously,…
- Transport News
Thailand braces for higher fuel and energy costs
The full impact of international fuel price rises and inflation is about to arrive in Thailand. After many months of shielding the full impact of price rises, mostly with a diesel subsidy which capped the pump price at 30 baht a litre, the prices are now set to soar The government’s diesel subsidy has been in place since last October…
- Property
How to start hosting on Airbnb
If you are a traveller, chances are you have checked out Airbnb. And, if you haven’t, it is a great site to find a house or apartment to stay in longer term than a hotel in Thailand or elsewhere. The experience is often favoured as you can feel more at home during your chosen place to stay. Today, Airbnb is…
- Tourism News
Thai Air Asia returns to Suvarnabhumi in addition to its Don Mueang hub
Thai AirAsia is spreading its Bangkok wings and opening up a secondary hub at the main Suvarnabhumi airport (BKK), to help broaden its attraction and bolster its bottomline. Thai Air Asia was the first airline to head back to the moth-balled Don Mueang in 2012 to re-establish the older airport after all the airlines moved across to the new Suvarnabhumi…
- Environment News
Report claims air pollution “kills thousands”, costs billions annually
“In mere months, major cities around the world have lost tens of thousands of lives and well into the tens of billions of dollars in economic productivity.” New data released by environmental groups makes claims that air pollution in Bangkok alone has caused some 6,800 deaths and an economic loss of 81.4 billion baht so far this year. The data,…
- Economy News
Airlines offered drop in landing fees and fuel excise at Thai airports
Airlines, international and domestic, have been hit hard with the impact on travel following the Coronavirus outbreak. Over the past month there’s been daily announcements of cancellations of flights and rescheduling to cope with border closures and daily changes in the coronavirus evolution. The Thai Cabinet yesterday approved a relief package which had been proposed by the Transport Ministry for…
- World News
So you want to move to Vietnam?
“Whilst Thailand is often nicknamed the ‘land of a thousand 7-elevens’, with a convenience store on just about every corner, there are very few of these in Vietnam, for now.” With the Thai Baht on a high at the moment, along with stricter enforcement of visa rules, some expats say they’ve had enough and are heading to Vietnam, or some…
- Tourism News
Thailand’s beaches now more expensive than European resorts – report
PHOTO: Ministry of Villas The cost of a holiday in popular Thai beach resorts is now on par with, or even higher than those in Greece, Italy, Spain, Turkey, and Egypt – all closer to home for Europeans with lower flight costs and less travel time. Diethelm Travel Group report that the cost of a five-star resort in Koh Samui,…
- Tourism News
Bangkok Airways announces ‘sale’ for fares to Samui
Bangkok Airways has announced its ‘Samui Year-End Sale’ promotion, which commenced at the start of the November, offering discounted fares on its domestic and international routes to and from Samui. The flights to Samui cover Bangkok (Suvarnabhumi), Chiang Mai, Phuket, Krabi and U-Tapao in Pattaya. We’ll do them the courtesy of reporting that they’ve announced one-way fares start from 1,990 baht…
- Transport News
Thai transport minister backs down over mandatory GPS in private cars and motorbikes
Thailand’s Ministry of Transport is backing down over plans for all private cars and motorcycles to be equipped with GPS devices. He now says that the issue needs “further study on real-time connectivity” with the database of the Land Transport Department and will measure the cost of that connectivity. Transport Minister Saksayam Chidchob says, initially, the installation of GPS systems…
- Tourism News
Bangkok Airways posts losses, Samui routes performing badly
Following the opening of its swanky new passenger lounges at the Phuket Airport last week, Bangkok Airways has just posted a net loss of 190 million baht for the first half of 2019. In posting the figures yesterday the company’s President promised to turn results around in the second half of the year to ensure an annual profit. The Koh…
- Health
“Medical tourism is not making care for Thais more expensive”
The Health Service Support Department is dismissing claims that Thai patients are having to pay more for medical treatments due to the government’s Medical Tourism Policy. HSSD director general Dr Nattawuth Prasertsiripong insist measures have been put in place to control prices charged at private and government hospitals. “Medical tourism does not affect the price that Thais have to pay.”…