The UOB Group economist, Enrico Tanuwidjaja, comments on the likelihood that the Bank of Thailand (BoT) will tighten interest rates again later in the year. Key points “The Thai economy grew less than expected in the second quarter of 2012, but the rebound in consumer spending was a welcome start to a possible faster growth […]
Tag: Thailand
Thailand: The death toll from the fire that broke out at the beginning of the month in a night club reached 20
At least 20 people died in the fire that broke out at the beginning of the month in a nightclub in the city of Pattaya in Thailand, one of the deadliest in the country. The fire broke out on the night of August 4-5 at Mountain B, a nightclub near the seaside resort of Pattaya, […]
Thailand: 13 dead and 41 injured in night club fire
A fire at a nightclub near the tourist city of Pattaya, southeast of Bangkok, has killed at least 13 people and injured 41 others, according to an account given by the area’s first aid service. The fire broke out at around 01:00 (local time; yesterday Thursday at 21:00 Greek time) at the nightclub “Mountain B”, […]
Blinken in Thailand to face China’s pressure
The United States and Thailand signed deals today to deepen the countries’ already strong ties, as Washington steps up efforts to counter China’s growing influence in Asia, Bloomberg reports. US Secretary of State Antony Blinken and Thai Foreign Minister Don Pramudwinai pledged to advance cooperation in climate change, law enforcement and security cooperation. Blinken’s visit […]
Thailand: The country repeals the regulation on the entry of tourists into the country and the mandatory use of a mask
Thailand announced today that it would abolish the procedure for foreign visitors and required the application to ensure all entry into the country as well as the mandatory use of a mask in public places after the spread of the coronavirus has slowed down. The “Thailand Pass” system required foreign visitors to apply for permission […]
Thailand: Police rescue 59 Rohingya refugees stranded on island
Thai authorities have rescued 59 Rohingya refugees, including children abandoned by traffickers on an island near the Malaysian border, police said today. The refugees – 31 men, 23 women and five children – were found on Dong Island in Satun province, which borders Malaysia, National Police Deputy Chief Surasate Huckparn said in a statement. “The […]
Thailand: Growth of 2.2% in the first quarter
Thailand’s economy grew in the first quarter of 2022, mainly due to improved private consumption and exports. GDP “ran” at a rate of 2.2% compared to the previous year, compared to 1.8% in the last quarter of 2021, according to the office of the National Council for Economic and Social Development. The results were better […]
Thailand: Ban the use of cryptocurrencies as a means of payment
Thailand will ban the use of cryptocurrencies as a means of payment for goods and services, saying that the wider use of digital data threatens the country’s financial system and economy, according to Bloomberg. Relevant entities – including exchanges – should no longer provide payment services and are prohibited from promoting the use of digital […]
Thailand: The first death from the Omicron variant occurred
Thailand has reported the first death from a highly contagious variant of the Omicron coronavirus, a health official said today. She is an 86-year-old woman from the southern province of Songhla. Thailand recorded the first case of the variant last month and therefore restored the mandatory quarantine for foreign visitors. “The woman was bedridden and […]
Thailand: Alarm level raised due to Omicron
Thailand has raised the alert level for COVID-19 following an increase in cases due to the spread of the Omicron variant of the new coronavirus, a senior health ministry official said today. Changing the level of the alarm from the third to the fourth level to deal with the pandemic paves the way for possible […]