Prime Minister Srettha Thavisin has expressed his disagreement with the decision of the Bank of Thailand to raise its policy rate, arguing that it is excessively high in comparison to…
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Prime Minister Srettha Thavisin has expressed his disagreement with the decision of the Bank of Thailand to raise its policy rate, arguing that it is excessively high in comparison to…
Read MoreThailand’s efforts to combat income inequality are hitting a wall. Despite strides before 2015, progress has stalled, leaving the country with the highest inequality in East and Asia Pacific. The…
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People in the southern provinces of Ranong and Chumphon are divided over the controversial land bridge project, with the business sector and most local community leaders in favour, while civic…
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Thai retirees started outnumbering people entering the workforce for the first time last year, sparking concerns that the country faces a future of economic and social breakdown. An official report…
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Prime Minister Srettha Thavisin has set a record for the most number of foreign trips by a premier in just four months in office, but he has little to show…
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A section of Kanchnapisek Road in the Thonburi area remains closed to traffic this morning after subsidence yesterday. Initial investigations indicate that the collapse was caused by a break in…
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Following the announcement of pre-travel visa exemptions for Chinese and Thai tourists starting March 1st, searches using Thailand-related keywords surged by 90% within an hour. Senior Director of Trip.com for…
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The Thailand Consumers Council has called for urgent inspections of the entire operational system of the Yellow and Pink train lines, following separate recent accidents. On its Facebook page, the…
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Prime Minister Srettha Thavisin presented the government’s 3.48 trillion baht budget bill to the House of Representatives today, saying that he is confident it will stimulate tourism and improve the…
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Leading opposition MPs have expressed their disappointment in the government’s FY2024 budget, claiming that the financial allocations do not reflect the government’s policies and the bulk of the budget is…
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The marine fishing management committee has agreed to allow 1,200 fishing vessels to continue to fish in the Gulf and the Andaman Sea for another 20-50 days, effective January 1 to…
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Tourism and tourism-related activities during this year’s festive season are expected to generate about 54.4 billion baht in revenue, a 44% increase over last year, according to the Tourism Authority…
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27,252,488 foreign tourists visited Thailand between January 1st and December 24th this year, meeting the 25-28 million foreign arrivals target. People from Malaysia topped the list, with 4,439,480 arrivals, followed…
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Police on the island province of Phuket have expanded their investigation into human smuggling activities, after rounding up some 28 Chinese nationals who exploited tourist visas to work at a…
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The Securities and Exchange Commission (SEC) lodged a complaint with the Department of Special Investigation today, accusing three former executives of STARK Corporation Public Company of insider trading. According to…
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The cabinet agreed to increases in minimum wages by 2-16 baht/day today, as proposed by the tri-partite wage committee. The new rates will become effective on January 1. There are…
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Major irregularities at Stark Corporation, a wire and cable manufacturer, made headline news in 2023 and was undoubtedly the biggest financial scandal of the year with far-reaching impact. Stark executives, board members…
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Bangkok commuters’ dream of paying no more than 20 baht for a metro ride regardless of distance traveled still faces serious obstacles. Even with the ruling Pheu Thai Party by…
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A total of 105,482 borrowers have signed up since the beginning of December for government assistance in tackling their informal indebtedness, estimated at about 6.5 billion, Government Spokesman Chai Wacharonke…
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The tri-partite wage committee has rejected Prime Minister Srettha Thavisin’s request for them to reconsider their recent decision to increase the minimum wage by only Bt2-16 a day and the…
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Airports of Thailand (AOT) will continue to expand the capacity of its existing airports and build two new airports, with an estimated investment of Bt150 billion, to cope with the…
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The Bangkok Metropolitan Administration (BMA) is considering transferring the operation of three elevated train lines to the Mass Rapid Transit Authority of Thailand (MRT). They are the Gold Line, between…
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The Cabinet decided today to freeze the retail prices of diesel and cooking gas from January 1 until the end of March, but to raise the price of electricity from 3.99…
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The Ministry of Finance unveiled details of its plan to solve formal debts today. Dr Paopoom Rojanasakul, secretary to the finance minister, said formal debtors seeking state help will be…
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Two leading business executives have shared their views about the challenges and the unpredictability of doing business in the future, ranging from depleting natural resources and digital disruption to emerging…
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Prime Minister Srettha Thavisin said he has invited Japan’s leading companies to join in the development of Thailand’s digital economy and the auto industry. Japanese Prime Minister Fumio Kishida on…
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Four members of the National Broadcasting and Telecommunications Commission (NBTC), Thailand’s broadcast and telecom regulator, have proposed that the commission consider the service charges and quality of True Corporation after…
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The Ministry of Commerce has aimed high, with an ambitious plan to promote and market eleven “soft power” sectors, which are expected to create 20 million jobs for Thais and…
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The government recently sent a letter to the Council of State, its legal advisor, seeking its opinion on the proposed 500-billion-baht borrowing plan to fund the digital wallet scheme. The…
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Sarath Ratanavadi, CEO of Gulf Energy, Thailand’s third largest energy producer, is Thailand’s richest man for the fifth year in a row, with a net worth of 190.8 billion baht,…
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The government is now focusing on tackling the country’s formal debt problem, totalling about 16 trillion baht or 90% of GDP. This form of indebtedness is affecting about five million…
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The Cabinet agreed today to exempt Japanese businessmen making business trips to Thailand, of no longer than 30 days, from requiring a visa. Deputy government spokesman Kharom Phonpornklang said that…
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Chinese-owned short video app TikTok on Monday announced a $1.5 billion investment in GoTo group in a deal that would allow it to restart its online shop in Indonesia, the…
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A pub in Bangkok’s Ram Inthra area was ordered closed for five years as an initial penalty after it was found to have been operating with an expired license for…
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The prime minister is not satisfied with the Wage Committee’s Friday decision on the new minimum wages in Thailand, saying that they are too low and promising a review. Speaking…
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The Department of Special Investigation has decided to charge 11 directors and executives of STARK Corporation Public Company Limited with defrauding the public, money laundering and violations of the Securities…
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Prime Minister Srettha Thavisin said yesterday that Thailand is ready to upgrade ties with Vietnam as a comprehensive strategic partnership when he visits Hanoi early next year. He told Vietnamese…
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The country’s economic growth in 2024 is forecast to be 2.8-3.3%, driven by the government’s “digital wallet” scheme, which may contribute 1-1.5% to growth, according to the Joint Standing Committee…
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Thai consumers have been rocked by news that billions of baht in illegal pork has been smuggled into the country – and likely onto their dinner plates. Thousands of shipping…
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Thailand did not participate in the World’s Best Rice 2023 competition, held during the International World Rice Commission in Philippines, and will not do so in the coming years, Chukiat…
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Two cargo containers, left unclaimed by their owners at Laem Chabang deep-sea port in Chon Buri province since 2021, were discovered to contain frozen pork and beef falsely declared as…
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The district chief officer of Phu Kradueng district, in Thailand’s north-eastern province of Loei, has claimed that almost all the people there are in favour of the proposed cable car,…
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The Cabinet decided today to grant 120 baht in subsidy for each tonne of cut raw sugarcane, as an incentive to discourage farmers from burning the cane to facilitate harvesting,…
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The national household debt has increased by 3.6%, compared to the first quarter, to about 16.07 trillion baht in the second quarter of this year, representing 90.7% of GDP, according…
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A total of 37,579 people, who claim to have incurred about Bt1.5 billion in informal debt with 19,061 creditors, have applied for help from the state in the first two…
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Energy Minister Pirapan Salirathavibhaga says that the Bt4.68/unit electricity price for January-April next year, as proposed by the Energy Regulatory Commission (ERC), is a huge increase from the current rate…
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The National Soft Power Development Committee (NSPDC) has decided, in principle, to approve about Bt5.1 billion to promote 11 elements of Thailand’s soft power, from food and festivals to music,…
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The Ministry of Interior has today kicked off the government’s ambitious plan to tackle the chronic informal debt problem affecting countless Thai people, especially low income-earners, by accepting applications for…
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The decision, by the National Park, Wildlife and Plant Conservation Department, to suspend e-ticketing for tourists visiting six national parks from today is being criticised as untimely and poorly planned….
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The Federation of Thai Industries has roundly criticized the Energy Regulatory Commission (ERC) for behaving like an only agency responsible for setting national electricity prices every four months, based on…
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What do mobile toilets, mobile homes, food stalls and camping gear have in common? The quick answer is that they are all vehicles. At one of Thailand’s major auto shows,…
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The deceleration in the growth of the Thai economy in the third quarter has raised questions on whether these were symptoms of the country staring at an economic crisis. Gross domestic…
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The Energy Regulatory Commission of Thailand has set new electricity charges, ranging from 4.68 baht to 5.95 baht/unit from January until April, 2024. The price from September until December this…
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The Government Savings Bank has announced the introduction of a program of credits, to address the problem of debts owed by Thai people who have borrowed from informal lenders. Under…
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The Cabinet agreed in principle on Tuesday to an amendment to the Interior Ministry’s regulations which would allow pubs and bars in Bangkok, Chiang Mai, Phuket, Chon Buri and Koh…
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Prime Minister Srettha Thavisin declared the government’s determination today to address the chronic informal debt problem, which is affecting many people, by mobilising the police, local officials nationwide and the…
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The director-general of the Department of Special Investigation (DSI), Pol Col Suriya Singhakamol, has been removed and appointed as the deputy permanent secretary of justice by the cabinet. No explanation…
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The cabinet approved a 10% salary increase over the next two years today, for newly-recruited government officials, to begin in the middle of next year, tentatively. Danucha Pichayanan, secretary-general of…
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Billionaire Anne’s slide to bankruptcy The meteoric rise and fall of Anne Jakapong Jakrajutatip, a transgender businesswoman, has been of epic proportions. Just a few months ago, she was flying…
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Prime Minister Srettha Thavisin is scheduled to meet with his Malaysian counterpart, Dato Seri Anwar Ibrahim, at the Sadao immigration checkpoint in Songkhla province on Monday, to discuss bilateral border…
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While carbon credits are hailed in some quarters as a solution for the climate crisis, environmentalists warn they could send the planet spiralling into an even worse disaster. The carbon…
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The Government Savings Bank (GSB) is encouraging businesses to focus more on addressing poverty and inequality issues as well as to shift from implementing conventional CSR (corporate social responsibility) programmes…
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Former Prime Minister Prayut Chan-o-cha has declared his assets to the National Anti-Corruption Committee (NACC), revealing that he is now Bt1.5 million richer than when he first declared them nine…
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Starting next Tuesday, Bank of Agriculture and Agricultural Cooperatives (BAAC) will be paying rice farmers 1,000 baht per 0.16 hectares, up to a maximum of Bt20,000 per household, under the…
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Operators of the Purple Line and Red Line suburban train services suffered a combined loss of Bt7.4 million per day between October 16 and November 14, after fares were capped at…
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The Bangkok Metropolitan Administration (BMA) wants the Mass Rapid Transit Authority of Thailand (MRT) to take over the responsibility of investing in new mass transit infrastructure projects in Bangkok, said…
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The Cabinet approved a bill on Tuesday which aims to amend the Act Governing Offenses Arising from the Use of Cheques (the Cheque Act), by decriminalising the issuing of bad…
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Bangkok Mass Transit System Public Company (BTSC) is ready to support the government’s policy to cap train fares at 20 baht on Bangkok’s suburban rail network, but on the condition…
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The Consumer Council will propose that the cabinet cap train fares on the Pink Line at Bt20, instead of between Bt20 and Bt45, as will be proposed by the Ministry…
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The National and Telecommunications Commission (NBTC) will issue a new edict requiring all mobile phone users who possess more than five SIM cards to identify themselves to their phone service…
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Prime Minister Srettha Thavisin has ordered relevant agencies to end illegal imports of frozen pork, with an emphasis on major smugglers, noting that crackdowns on small-scale operators will never solve…
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Thailand’s GDP this year is forecast to grow by 2.5%, down from 3% as earlier projected, as growth in the third quarter of the year was just 1.5%, due to…
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Thailand is officially an aged society this year, with the number of people 60 years old and above rising to 13.5 million, or about 20 per cent of the total…
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Hundreds of thousands of teachers in Thailand, both working and retired, are suffering under severe debt. At the last count, some 900,000 teachers had incurred a total of 1.4 trillion…
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Energy Minister Pirapan Salirathavibhaga said today that the retail oil price structure, which has been in force for about three decades, needs to be overhauled because it is unfair to…
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Prime Minister Srettha Thavisin touted Thailand as the hub of the regional economy with new potential for trade and investment in multifaceted fields.In his keynote speech yesterday at the APEC…
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Prime Minister Srettha Thavisin has suggested to business leaders in the United States that it is the right time for them to invest in or expand their investments in Thailand,…
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Prime Minister Srettha Thavisin has finally brought some clarity to the source of funding for the controversial digital wallet handout scheme, but many aspects of the scheme remain problematic, raising questions…
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The Thai government and US-based Google have announced a policy of strategic cooperation, to lay the foundations for digital infrastructure, research and development of artificial intelligence, cloud-first policies and the…
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Prime Minister Srettha Thavisin said that the Pheu Thai party has prepared a Plan B to enable it to implement the controversial digital wallet scheme, in the event the government’s…
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Thailand’s Central Committee on the Price of Goods and Services (CCP) has agreed to allow the ex-refinery price of white sugar to increase by two baht per kilogram and is…
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Interior Minister Anutin Charnvirakul said today that his Bhumjaithai party will support the government’s loan bill for the digital wallet scheme, if it does not contravene the Constitution. As a…
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Beijing, China – China’s annual “Singles Day” sales bonanza wraps up at midnight on Saturday, but consumers this year appear largely unswayed by its flashy deals and discounts as the world’s…
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Move Forward party-list MP and deputy leader Sirikanya Tansakul said today that the government’s decision to procure loans to fund the digital wallet scheme is risky, because it may violate…
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Prime Minister Srettha Thavisin announced a new set of guidelines today for the controversial digital wallet scheme, under which all Thais who are 16 or older, who have a monthly…
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PM Srettha Thavisin will hold a press conference this afternoon to reveal what he called the “full package” of information on the digital wallet scheme, which his party promised to…
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For the first time, the Bangkok Mass Transit System Public Company (BTSC), operator of the Green Line sky train service, is expected to charge passengers for the use of the…
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The Thai Bankers Association (TBA) has offered an assurance that their mobile banking applications are secure and safe. This assurance was in response to news of the arrest of a…
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The Thai government has been courting Saudi Arabia for investment in the production of electric vehicles (EVs) in Thailand, to achieve its goal of becoming the EV production hub in…
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Prime Minister Srettha Thavisin has given the greenlight for pubs and bars in Bangkok, Chiang Mai, Phuket and Chon Buri to stay open until 4am, tentatively from December 15, to…
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Commerce Minister Phumtham Wechayachai has assured representatives of sugarcane growers that his ministry is ready to remove sugar from the list of price-controlled products, if there is consent from all…
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The government should launch the digital wallet scheme next April, because the Thai economy will need an injection of cash for economic stimulation, otherwise it will be too late, said…
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The Thai government has agreed to extend the 100,000 baht per car subsidy for buyers of electric vehicles (EVs) until 2027, to promote the production and use of EVs in…
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At this week’s Cabinet meeting, a proposal from the Commerce Ministry to add sugar to the list of price controlled goods, was approved, Prime Minister Srettha Thavisin told reporters today…
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The Cabinet agreed on Tuesday to exempt tourists from India and Taiwan from requiring an entry visa to say in Thailand for up to 30 days, effective from November 10 until…
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Disbursement of the Bt10,000 digital money under the “digital wallet” scheme may be delayed until next September, said Pichai Chunhavajira, an advisor to Prime Minister Srettha Thavisin. He added the…
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In a world driven by the pursuit of economic growth, the absence of nature from the global economic mechanism has, to a large extent, remained unnoticed. A call for change…
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Thailand’s Supreme Administrative Court reversed the ruling of the Central Administrative Court today (Monday), rejecting the suit filed by the Foundation for Consumers, demanding the revocation of a resolution of…
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The Bank of Thailand (BoT) is considering four measures to reduce Thailand’s household debt to about 80% of gross domestic product (GDP), down from the current 90.7%, according to Ronadol…
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Thailand has agreed to help Laos fulfil its plan to transform from a land-locked to land-linked country, to help in the development of infrastructure projects and to secure low-interest loans,…
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