Headlines summary as of 14 July 2022
KEY ISSUES AT A GLANCE Doping up real estate to revive the economy. At the Property Inside 2022 seminar, Finance Minister Arkhom said the government will soon roll out the Long Term Resident (LTR) Visa to attract high-spending foreigners to invest in Thailand’s property market, noting that the real estate sector contributes 8-9 percent to […]
Headlines summary as of 5 July 2022
KEY ISSUES AT A GLANCE Albanese pledges extra $100m and more military aid on Ukraine visit. The prime minister met President Volodymyr Zelensky in Kyiv during a surprise trip on Sunday. He earlier toured the devastated towns of Bucha and Irpin, describing what he saw as a “war crime”. The aid package, worth 100m Australian […]
Headlines summary as of 4 July 2022
KEY ISSUES AT A GLANCE Inflation poses biggest challenge to economic recovery. Low-income groups and small businesses face strong impacts from the soaring inflation and potential interest rate hikes, wherein such situation may make it necessary for the government to continue its support for vulnerable groups. Bank of Thailand said it was likely to slow […]
Headlines summary as of 23 June 2022
KEY ISSUES AT A GLANCE Government and opposition Thai MPs gear up for another censure debate. Government and opposition MPs are preparing their cases for the next censure debate, tentatively scheduled for July 18th through 22nd, during which Prime Minister Prayut Chan-o-cha and ten ministers will be grilled by the opposition. This will be the […]
Headlines summary as of 22 June 2022
KEY ISSUES AT A GLANCE Four injured by smoke, 30 houses in Bangkok’s Bon Kai community razed by fire Four people suffered the effects of smoke inhalation and about 30, mostly dilapidated houses in the Bon Kai crowded community on Rama 4 Road in Bangkok’s Pathumwan district were burned down in a two-hour blaze, which […]
Headlines summary as of 21 June 2022
KEY ISSUES AT A GLANCE Decree to remain in place: Prayut. Immigrants, airport crowds still a worry. Prime Minister Prayut Chan-o-cha on Monday insisted the government has not yet cancelled the emergency decree as there remain concerns that the special law is still needed, although easing of restrictions will continue and the cabinet will reassess […]
Headlines summary as of 20 June 2022
KEY ISSUES AT A GLANCE Anti-government protests continue in Bangkok. Anti-government protesters gathered at Bangkok’s Victory Monument at around 5:15pm today (Sunday), before marching to the Din Daeng area. Crowd control police are also on the move, to maintain order in the area, and are asking the protesters to stay on the footpaths. The Din […]
Headlines summary as of 10 June 2022
KEY ISSUES AT A GLANCE Banks are flushed with savings totalling 15.6 trillion Baht – Businesses holding onto cash to cope with volatility. Kasikorn Research Centre revealed that accumulated savings in 18 banks across Thailand totalled 15.62 trillion Baht in April 2022, which is a 5 percent YoY increase. Some 51 percent of the savings […]
Headlines summary as of 6 June 2022
KEY ISSUES AT A GLANCE Budget bill passes first House test. But govt making it through the upcoming censure debate could well be a different story. Prime Minister Prayut Chan-o-cha can breathe a sigh of relief for now after the government’s 2023 budget bill cleared its first reading in parliament, with some opposition MPs voting […]
Headlines summary as of 1 June 2022
KEY ISSUES AT A GLANCE Opposition attacks budget bill prepared by ‘incompetent, visionless government’. The opposition wasted no time today (Tuesday), the first day of the three-day debate in the Lower House, in attacking the annual budget bill, which they describe as incorrectly proportioned and prepared by “incompetent, visionless” government. Taking to the floor to […]
