Thai Examiner - Thailand's news for foreigners

Thai Examiner - Thailand's news for foreigners

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Poll supports retention of the one ballot election process which would torpedo Pheu Thai hopes

The developments over the last week including a key committee vote in parliament on March 28th not to allow synchronised numbering for parties and candidates and the latest opinion poll suggesting support for restoring the 2019 voting system, could see the opposition push harder for an early election. It comes as there is a growing doubt that 10 bills passed by parliament last September to change the voting laws back to a dual ballot system and increase the number of constituency seats from 350 to 400 will make it through parliament in their present format after being scrutinised by MPs and the powerful committee with oversight of the legislation. https://www.thaiexaminer.com/thai-news-foreigners/2022/04/04/poll-shows-support-for-2019-voting-system-pheu-thai-landslide-torpedoed/ Joseph O' Connor reports from Bangkok.
T1 · E49
4 abr 2022
11:20

High flying American nabbed by police days before ฿3 million swindle complaint was due to lapse

Police swooped on Matthew Christensen after he had just returned from a trip to Ko Samui. The American is understood to be well known in Bangkok business and diplomatic circles and presents himself as an international commercial and technology expert, particularly in the regional energy sector. https://www.thaiexaminer.com/thai-news-foreigners/2022/04/02/high-flying-american-nabbed-by-police-3-million-baht-swindle-matthew-christensen/ Carla Boonkong reports from Bangkok.
T1 · E48
3 abr 2022
8:37

Prolonged Ukraine war to see Thai inflation at 6.3%, a stalled economy and a possible downgrade

Vice President at Siam Commercial Bank Yanyong Thaicharoen shared an economic assessment from the bank’s Economic Intelligence Centre this week. He predicted growth this year of 6.3% and inflation at 4.9% provided the conflict concludes in the short term. The key thing that all forecasters agree upon is that the ongoing war following the Russian invasion of Ukraine is sparking unprecedented global economic uncertainty and downside risks as western nations wage an increasingly no-holds-barred economic war against Russia that both sides dare not lose. This is highly damaging for Thailand’s prospects as government and business leaders battle to drive the economy forward in 2022 with higher exports and foreign tourism arrivals. The war has already seen ฿124 billion fly out of Thailand’s bond market to March 28th last. https://www.thaiexaminer.com/thai-news-foreigners/2022/04/02/prolonged-ukraine-war-to-see-thai-inflation-at-over-6-per-cent/ Joseph O' Connor reports from Bangkok.
T1 · E47
2 abr 2022
13:21

Channel 5 TV rumpus shows Thailand feels the heat in an altered world after the Ukrainian war

The Ukraine war and the unprecedented resolve of western countries to sanction Russia even while sacrificing their individual economic interests, make it crystal clear that the western world has changed. A terrifying new prospect has now emerged for countries, particularly in Asia, that have operated at a democratic deficit or based on ‘realpolitik’ in the cosy world of diplomatic accommodations. They are now faced with a united and overwhelming resolve in the West, driven by younger and more idealistic voters, to do what is right at all costs. This has deep implications for Thailand first and foremost in terms of inward economic investment and also increasingly, at a geopolitical level, as tensions between the West and communist China continue to rise. https://www.thaiexaminer.com/thai-news-foreigners/2022/03/31/channel-5-rumpus-shows-thailand-under-pressure-russia-ukraine-war/ James Morris reports from Bangkok.
T1 · E46
31 mar 2022
19:04

Thai planners prepare to let the baht ‘swing’ in a move to boost growth via tourism and exports

Top university boss predicts that, technically, Thailand has already entered into a period of 1970s stagflation as he lowered the economic growth projection for the country to between 2% and 3% for the year with inflation running at 5%. At the same time, a lower baht was heralded by Minister of Finance, Arkhom Termpittayapaisithm, this week, as he predicted that the kingdom will ease entry criteria to boost foreign tourism while achieving export growth of between 5% and 6% in 2022. https://www.thaiexaminer.com/thai-news-foreigners/2022/03/29/thai-planners-ready-to-let-the-baht-swing/ Joseph O' Connor reports from Bangkok.
T1 · E45
29 mar 2022
8:21

Legal pot does not appear to be working for Anutin’s Bhumjaithai Party in latest opinion poll

The drive to legalise pot or marijuana pursued by the Bhumjaithai Party may, in time, prove popular with Thai people as a source of income or potential health benefits but for now, it has left law enforcement agencies and the police facing a minefield and a new challenge to determine what is legal and what is illegal even after June 8th next when the ministerial order to remove cannabis as a schedule 5 listed narcotic has full legal effect. For now, however, it does not appear to be such a big vote winner with the electorate as the country faces the rising prospect of a General Election. https://www.thaiexaminer.com/thai-news-foreigners/2022/03/28/legal-pot-cannabis-not-a-vote-getter-for-bhumjaithai/ Carla Boonkong reports from Bangkok and Khon Kaen.
T1 · E44
28 mar 2022
18:37

Minister says Thailand Pass could be gone by June 1st, but suggests the retention of a test on arrival

Comments by Thailand’s Minister of Tourism and Sports on Thursday to industry representatives of the Association of Thai Travel Agents, while appearing to be positive news for tourists, highlighted how far off Thailand may be from fully regenerating its lost foreign tourism industry and massive foreign currency earner which brought in $62 billion in 2019. The Minister claimed that the country could generate the same income seen then by 2024 while at the same time admitting that more needs to be done to address both the industry’s competitiveness and visitor safety. https://www.thaiexaminer.com/thai-news-foreigners/2022/03/26/minister-thailand-pass-may-go-by-june-1st/ James Morris reports from Bangkok and Pattaya.
T1 · E43
26 mar 2022
13:31

Banks downgraded as the Thai economy faces a liquidity crisis caused by war and tourism barriers

Thailand’s economy remains highly dependent on both exports and foreign tourism with the current storm again highlighting this factor. The loss of foreign tourism income since March 2020 is the single biggest impact factor as the country is now confronted by what could be a growing liquidity crisis and consistently high current account deficits if urgent action is not taken. After this, comes the threat from increasingly dangerous geopolitical tensions and concerns over China as financial capital takes flight from Asia with US interest rate rises. https://www.thaiexaminer.com/thai-news-foreigners/2022/03/24/thai-banks-downgraded-fears-over-liquidity/ Joseph O' Connor reports from Bangkok.
T1 · E42
24 mar 2022
15:25

Travel sector calls for endemic status, scrapping of Thailand Pass and full normality on entry

Industry leaders from the Federation of Thai Industries to the Thai Chamber of Commerce have urged the government to expedite the plan to declare the COVID-19 virus as endemic with concerns that the country’s competitors in the foreign tourism industry have moved more decisively. There is also a view that the scrapping of the Thailand Pass application for incoming travellers will be the key move in the process, or as the country boss for Emirates, which brought 32% of all visitors to Thailand last year, described it this week, a potential ‘Golden Moment’ for the country’s foreign tourism sector. https://www.thaiexaminer.com/thai-news-foreigners/2022/03/23/calls-for-scrapping-of-thailand-pass-normal-entry/ James Morris reports from Bangkok.
T1 · E41
23 mar 2022
14:08

New Shinawatra may lead the next quest for power as Pheu Thai Party aims for 14 million members

Rally last Sunday saw chief whip and Maha Sarakham MP Sutin Klangsaeng lament that the Thai economy had gone from an Asian Tiger under Thaksin to the ‘first dog in Asia’ under the current government. The theme of the meeting, which introduced Ms Paetongtarn Shinawatra, was one of economic revival for a younger generation and a return of the spirit of the Thai Rak Thai Party under Ms Paetongtarn’s father, Thaksin Shinawatra. https://www.thaiexaminer.com/thai-news-foreigners/2022/03/22/new-shinawatra-on-a-quest-for-people-power/ Joseph O' Connor reports from Udon Thani.
T1 · E40
22 mar 2022
14:19
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