Thailand News
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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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Young elephant injured by trap in Rayong
PHOTO: Nation TV Wildlife officials are tracking a young wild elephant whose front left leg has become infected after being caught in a snare. They want to capture it and treat its injury. The assistant chief of Khao Ang Rue Nai Wildlife Sanctuary, Tantikorn Puangsakul, says officials of the Khao Noi wildlife protection unit spotted the small elephant staggering in…
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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