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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Thailand’s taxi and tuk tuk scams and annoyances
“Where are you going?”, they shout from across the road. A Tuk Tuk driver wants to help you get to your next destination but the willing smile and lure of a ride in a local jalopy may have switched off your trusty scam-detector. Tuk Tuks and taxis, and the motorbike taxis too, are a convenient, safe and reasonably cheap way…
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Thai workers killed in van crash in South Korea
PHOTO: Thaikuknews Two Thai citizens have been killed in South Korea after their passenger van carrying 16 people skidded off a mountain road heading to a farm. The Korean Times reports that the two Thais, the van driver and another passenger were seriously injured after the van crashed through a guard rail. Nine other people, of mixed nationalities, were in the…
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Thai Government to focus on EEC projects to propel economy
PM Prayut Chan-o-cha will unveil his new government’s policy statement in Parliament when it sits formally on Thursday. Leaks to the media indicate his 12 ‘urgent’ and 12 ‘long-term’ policies will help Thailand step up to “developed-nation status” with many of the policies focussing on the Eastern Economic Corridor project. Among the urgent policies, the sixth calls for a “future-proof”…
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International credit rating agency gives Thailand a BBB+ economic report card
Fitch Ratings has revised its outlook on Thailand’s Long-Term Foreign Currency Issuer Default Rating to “positive” from “stable” and upgraded the rating to BBB+. The revision reflects increasing international economic confidence that lingering political risks are unlikely to derail “sound macroeconomic management”, according to the international credit rating agency, Fitch. “This is demonstrated by the sustained strength of external and…
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Economists predict Thai exports could fall 3.1% this year
Economists are forecasting that Thailand’s exports will drop by up to 3.1% for 2019 after June figures fell when compared to the same period last year. After the Commerce Ministry reported a 2.1% fall in June, the SCB Economic Intelligence Centre projected the country’s exports will drop this year by between 1.6-3.1%. “Although the US-China trade meeting after the G20…
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Airbnb welcomes new Thai Tourism Minister support of ‘short term’ accommodation
Airbnb welcomes the new Tourism and Sports Minister Pipat Ratchakitprakan’s and his commitment to grow tourism and support short-term accommodation in Thailand. Speaking to local media on his first day in office, Minister Ratchakitprakan identified short-term accommodation reform and growing tourism in secondary cities as a priority area for the Tourism and Sports Ministry. Airbnb’s Head of Public Policy for…
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TMB – strong baht hits foreign investment funds
TMB Bank are reporting that the strong baht has cut the value of the foreign investment fund under fund management, falling by 27 billion baht from 1.2 trillion baht at the start of the year. TMB said the drop reduced the fund’s return by 0.47%. The least impacted funds are those covering oil investment, gold, and property funds, at 0.53%,…
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Government unveils 12 policies – BKK street food return and a higher minimum wage
One of the new parliament’s first debates, when it sits on July 25 and 26, is over a formal policy listing 12 living standard priorities. The list laid out in a briefing paper lists surprisingly progressive policies for the new coalition. The government says it wants to reduce obstacles blocking people from earning a decent living and would utilise digital…
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Constitutional Court accepts petition over Prayut’s fitness to be PM
The Constitutional Court yesterday accepted a petition from opposition MPs questioning PM Prayut’s “qualifications” to hold the post of Thai prime minister. The Court announced its decision on its website, commenting that the petition had been signed by a total of 110 MPs from various opposition parties but declaring that Prayut was free to continue carrying out his duties as…
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Thailand’s tourism copes with surging baht headache
PHOTO: Thailand’s new tourism & sports minister, Piphat Ratchakitprakarn, hoping the finance ministry will listen to his pleas about the high baht Thailand’s new tourism & sports minister, Piphat Ratchakitprakarn, is blaming the surge of the baht for sucking the life out of tourist arrivals into Southeast Asia’s second-largest economy. Piphat yesterday said he’ll discuss with the Bank of Thailand…
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New Thai Tourism & Sports Minister has a wish-list to improve tourism
PHOTO: Tourism and Sports Minister, Pipat Ratchakitprakan – mots.go.th The new Thai Tourism and Sports Minister, Pipat Ratchakitprakan, has set out a shortlist of priorities in his new role. He says setting and maintaining better safety standards are vital to regain the confidence of foreign tourists. The minister says he would also discuss the high baht with the Finance Ministry and…
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TMD issues a new weather warning for tropical storm Danas
The Thai Meteorological Department has issued another warning about tropical storm Danas since saying it’s on the move, from the Philippines’ Luzon, north and north-eastward into the East China Sea. The storm appears headed for Taiwan and likely to dump plenty of heavy rain on the way. The storm is ‘sucking’ in moisture from the Indian Ocean across southern Thailand,…
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Number of passengers and flights drop slightly at 28 secondary Thai airports
28 airports under the Thai Airports Department have dropped traffic by 1% compared to the same time last year. The airports under the Airports Department don’t cover the largest airports at Suvarnabhumi, Don Mueang, Phuket, Chiang Mai, Hat Yai and Chiang Rai. Some 14.4 million passengers were recorded at the 28 airports under the department from October 2018 to June…
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Weerasak paints a rosy tourism picture as he steps down from Ministry
Weerasak Kowsurat, outgoing Tourism and Sports Minister In a final spin at the microphone as Sports and Tourism Minister, Weerasak Kowsurat made statements about Thailand’s tourism numbers and the Thai baht that differed from other published numbers and local anecdotal reports. Weerasak claimed, despite the appreciation of the baht, that Thailand has attracted as many as 21.08 million tourists in the…
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“Thailand shouldn’t have water problems” – a personal view
OPINION Post from a concerned Phuket resident who is worried about the future of the island’s most precious resource, fresh water. Despite being surrounded by water, potable water supplies are in peril for the forthcoming high season with lower-than-usual rainfall and the dams still at historically-low levels at the time of publishing this story. The person has asked to be anonymous……
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Future Forward’s Thanathorn on European and US lecture tour – VIDEO
The Future Forward leader Thanathorn Juangroongruangkit spoke with American NBC’s Andrea Mitchell about his hopes and aspirations for Thailand’s future. He also addresses his own current situation in regards to charges he is facing over alleged media shareholdings. Thanathorn is currently suspended from participating in the new Thai parliament as an MP as he awaits the Constitutional Court to hear…
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King urges new cabinet to solve problems for Thailand’s happiness and security
PHOTO: Thai PBS “In the process of doing a job, there will be problems, and that it was normal that they must be solved at the core so the administration of the country can proceed smoothly.” – HM The King His Majesty has offered moral support to PM Prayut and the newly sworn-in cabinet ministers, urging them to perform their…
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Thai Airways close to sale of used planes to US company
PHOTO: Thai Airways Airbus A340, Airplane Pictures Thai Airways International President Sumeth Damrongchaitham reports that the national airline expects to sign an agreement this month with a US logistics firm on the sale of eight used A340 aircraft worth between 4-4.5 billion baht. The company is in the process of examining the contract before closing the sale deal of Thai Airways…
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HM The King swears in new Prayut Cabinet
The new Palang Pracharat government, led by Prayut Chan-o-cha has been sworn in tonight by His Majesty The King. The ceremony heralding the return of civilian rule in Thailand after five years of military government. The ceremony took place at 6pm in the Amphorn Satharn Throne Hall with all 36 ministers were present. The historic occasion marked the first time…
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Military relinquish power as the new Thai cabinet prepares to be sworn in today
“Thailand is now fully a democratic country with a constitutional monarchy, with a parliament whose members are elected.” Thai PM Prayuth Chan-o-cha has formally stepped down as the head of the NCPO military junta saying Thailand will now function as a normal democracy after five years of army rule. Prayut’s “normal democracy” includes a loaded upper house of Senators all appointed…
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Opposition’s early assault on the new Thai government
PHOTO: Nikkei Asian Review Seven-parties in the new parliamentary opposition are targeting July 25 in the next sitting to censure the new Thai government as well as some individual ministers. Pheu Thai deputy leader and an opposition whip, Chavalit Vichayasuth, says that the Opposition’s debate on the government’s policy statement will be a rehearsal for the real no-confidence debate to…
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Thaksin Shinawatra starting new party called Pheu Dharma
Despite his self-imposed exile in 2008 and living overseas ever since, Thaksin Shinawatra’s shadow still looms large over Thai politics. And now sources claim he’s planning a comeback with a new party, all being engineered offshore, just as the fragile new Thai government starts to run the country. Fugitive former PM Thaksin Shinawatra is rumoured to be forming a new…
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Bank of Thailand sends a ‘warning shot’, but little impact
PHOTO: Chiang Rai Times “The Bank of Thailand’s move to curb the rising baht is simply a “warning shot” and will have little impact on the currency’s value or on the bond and stock markets.” This is the response from Thai economists following Friday’s BOT tweaking of the economic dials. On Friday the BOT adjusted down the amount of baht…
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Thailand’s tourism – stormy weather ahead
Thailands tourism industry finds itself in stormy weather as a falloff in visitors spook trade, even forcing candid admissions from some of Thailand’s tourism chiefs. Thailand has suffered a slump in tourism figures since the beginning of the year as hoteliers and tourism trade leaders have confirmed a huge 20 to 30% drop for June in tourist numbers and trade…
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Thailand’s Central Bank start twiddling the currency knobs to curb baht speculators
The Thai Central Bank says it is taking steps to ease the impact of speculative currency trading which has contributed to strengthening the baht. They say they’re ready to use additional measures if speculative trading continues to persist. The Bangkok Post reports the Central Bank reduced the outstanding balance of non-resident baht accounts (NRBA) and non-resident baht accounts for securities…
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Thailand’s Health Ministry doubts Aussie couple’s claim about parasite in Pad Thai
Thai PBS reports that Thailand’s Ministry of Public Health says “there is a very slim chance that a person could contract Dientamoeba Fragilis”, a dangerous parasite, from eating a plate of Pad Thai, as claimed by an Australian Perth couple. Stacey Barnes and Ryan Prigg, along with their two children, visited Thailand in 2017. Read they stay HERE. Doctors in…
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Somkid says new Thai Government will speed up stimulus spending as growth falters
PHOTO: The Nation Somkid Jatusripitak, a day after being officially announced as a Deputy PM and head of the finance ministry, says he will speed up investment in key infrastructure projects to boost the country’s growth rate to 3.5% for the rest of 2019. “I have confidence we can manage the country’s economy under the coalition government to boost its…
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Farmers resort to household waste water to save their crops in Suphan Buri
PHOTO: Thai PBS Some farmers in Don Jedi district of Suphan Buri, one of Thailand’s “rice bowl” provinces, are turning to using household waste water to irrigate their parched farmland. Suphan Buri is a province immediately north-west of Bangkok. Desperate to save his 3.2 hectares of rice paddy fields in Village 5, Tambon Don Jedi, rice farmer Narong Wongsuwan told…
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New Thai cabinet now endorsed by HM The King
PHOTO: Adapted from Bangkok Post The new Thai cabinet has now been formally anointed and confirmed by HM The King The new cabinet members were nominated by PM Prayut Chan-o-cha following months of prevarication and internal squabbles in the 19 member coalition led by Palang Pracharat. The Royal Gazette has named Prawit Wongsuwon, Somkid Jatusripitak and Wissanu Krea-ngam as deputy…
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Thai junta retains power to detain people without charge
“… though the junta’s orders are being revoked, their impact will still be felt in society.” Opposition politicians and the Thai public are voicing dissatisfaction with the junta’s decision to hang on to its order authorising arbitrary military detention. Even though the junta has announced the revocation of 70+ old NCPO orders, including media intervention and trying cases in military…
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