Former prime minister Thaksin Shinawatra suggested the country create a golden visa scheme for wealthy foreigners to become long-term residents and called on Airports of Thailand Plc (AoT) to hike passenger service fees to boost the sluggish economy.
Electricity bills during the last four months of this year will not be further reduced as the Energy Regulatory Commission (ERC) has decided to maintain the current power tariff despite positive factors that could lead to a lower rate.
The Thai Retailers Association has recommended two strategies to accelerate economic recovery amid the prolonged global economic slowdown and rising uncertainties.
GDP growth this year could be as low as 1.2% or even less if the government fails to clinch a deal with the US that ensures the reciprocal tariff is competitive with those granted to neighbouring countries, said Kasikorn Research Centre (K-Research).
DBS Vickers Securities recommends investors increase their exposure to gold and reduce their allocation of government bonds from developed economies, predicting the bullion price will hit US$3,765 an ounce by the fourth quarter of this year.
Synthetic drug production and trafficking in the region, particularly out of Myanmar’s Shan State, has grown exponentially in recent years, says former foreign correspondent Nirmal Ghosh.
Whether damaged Thai banknotes are accepted generally depends on the discretion of individual vendors. Minor damage, such as a small tear at the corner, often does not prevent their use for payment.