More cuts in the Bank of Thailand’s benchmark rate will be a more powerful option for stimulating the economy than the government’s 1,000-baht cash handout scheme, said an expert. The cash handout scheme will only help boost the economy in the short term, but won’t contribute much to annual gross domestic product (GDP), said Assoc […]
Read MoreMyanmar and Thailand will speed up development of a Special Economic Zone (SEZ) and deep sea port at Dawei in Tanintharyi Region, officials said during the 9th Myanmar – Thailand Joint Coordinating Committee meeting last week. Basic infrastructure such as roads connecting the SEZ to Thailand and necessities like electricity will be prioritised and carried […]
Read MoreAmid slowing global economic growth, the baht’s appreciation and a weak yuan, a Thailand Elite residency golden visa scheme can help boost property sales among Chinese buyers, says Juwai.com, China’s biggest international property website. Georg Chmiel, Juwai’s executive chairman, said the programme, supported by the state under the Thailand Elite Card scheme, should have a […]
Read MorePrime Minister Prayut Chan-o-cha’s speech at the 74th session of the UN General Assembly in New York was chock-full of talking points, but the one that stood out was his declaration that Thailand would become a rich country by 2036. “Thailand will become a high-income country with fairness, respect for basic human rights and participation […]
Read MoreBrian Maxey moved to Thailand from the United Kingdom expecting his sterling pension to afford him an easy retirement. Instead, he’s finding it harder to meet his visa’s financial stipulations because of the strong baht. The former aircraft technician easily bought a townhouse, pickup truck and motorcycle when he arrived at the age of 55 […]
Read MoreBangkok ranks 75th out of 102 cities worldwide in smart city rankings, according to the IMD Smart City (SCI) Index for 2019. It’s the first edition of the index, jointly commissioned by the World Competitiveness Center’s Smart City Observatory, under the IMD Business School in Switzerland and Singapore, and Singapore University of Technology and Design. […]
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