The rise and rise of the Thai Baht, and it’s pushing through the 31.05 to the US Dollar barrier on Wednesday, tops off a turbulent decade of current movement against some of the western currencies. The decade’s currency rise has also been matched by a meteoric explosion in tourism pushing Thailand into the top ten list of popular tourist locations in the world. In 2009 Thailand attracted 14,149,841 tourists.
Welcome home Surachate. “Big Joke” has returned from his ‘break’ in America. He has returned to resume desk duties in a ‘special advisory role’ in the Prime Minister’s Office.
Days after new rules for the processing for foreign retiree visas were published, immigration officials are reportedly pushing back against them. The report was in Khaosod English citing inside sources. According to the Immigration department, starting March 1, foreign retirees must either show a monthly income of at least 65,000 baht or hold a minimum of 800,000 baht in Thai banks
The drop-off in Chinese tourists has caused the Thai Government to come up with some creative ideas to re-invigorate the tourist sector, leading into this year’s high season. The Nation reports that the Cabinet yesterday agreed, in principle, to back measures to stimulate tourism numbers
Where do people travel in the world for ‘play’, not business? Mastercard unveils the Top Ten locations where people travel to play. International travel continues to grow at an incredible rate, transforming local economies and enabling people to broaden their horizons – whether they travel for work or for play
By Wichit Chaitrong “The trade row has increased the uncertainties for Thailand’s economy because it could have a negative impact on Thai exports, businesses, employment, consumption and investment.” Central bank keeps policy rate unchanged to facilitate growth; forecasts for GDP and export growth revised upwards amid weakening of the baht. Protectionism, stirred by the trade disputes between the United States and China, remains the biggest risk to the Thai economy and was partly responsible for the Monetary Policy Committee (MPC) keeping the policy rate unchanged to further accommodate economic growth – this according to the central bank yesterday.
The Phnom Penh Post has been sold to Sivakumar Ganapathy, a Malaysian investor and executive at a public relations firm that has previously done work for Prime Minister Hun Sen’s government.
New blood politician Thanathorn Juangroongruangkit may have led his family auto-parts business to international success but he remains a socialist in his economic philosophy and a political liberal, with a passion for social justice. The 40 year old has been in the spotlight for less than two months since he announced the formation of the new Future Forward Party.
A Belarusian woman who was arrested in Pattaya over the weekend is seeking assistance from the United States, claiming she has information about links between Russia and US President Donald Trump, the Washington Post has reported. Anastasia Vashukevich, an escort service worker from Belarus – who became well known after filming a yacht trip with Russian billionaire Oleg Deripaska and Deputy Prime Minister Sergei Prikhodko – was detained, along with 10 other people described as Russians, in a police raid on her “sex training” seminar on Sunday. While still in custody on Tuesday, she published Instagram videos asking US journalists and intelligence agencies to help her
The Land of Transport Department has reported 268,989 new cars and motorcycles for January 2018. This included 167,039 motorcycles, 63,646 sedans, 24,117 pickup trucks, 1,129 7-seat-plus cars, 939 buses operating on fixed routes, 724 buses which do not operate on fixed routes and 5,731 trucks, according to Thai PBS.