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- Challenges of Thailand’s Fragile Economy and Tariff Issues
Thailand’s economy is grappling with persistent challenges attributed to long-standing structural issues, such as an aging population that contributes to labor shortages and market constraints. The country’s business competitiveness has been hindered by rigid economic policies resulting in inadequate investment and limited access to credit. This vulnerability is highlighted by...
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Thailand’s economy is grappling with persistent challenges attributed to long-standing structural issues, such as an aging population that contributes to labor shortages and market constraints.
The country’s business competitiveness has been hindered by rigid economic policies resulting in inadequate investment and limited access to credit. This vulnerability is highlighted by a strengthening baht index, a credit contraction, and elevated commercial bank interest rates.
The situation has become more critical with the tariff policies initiated by former US President Donald Trump. He imposed a minimum 10% import tax on global goods and announced “reciprocal tariffs” affecting numerous countries.
Asian nations with significant trade surpluses with the US have been particularly impacted, with Thailand facing tariffs as high as 36%, putting significant strain on its export sector.
While these tariffs have been postponed until early July (except for those on China), the base rate of 10% remains in effect. Delays in negotiations with Washington, pending Thailand’s resolution of certain US-raised “issues,” send troubling signals.
Recent developments, however, indicate a possible easing of trade tensions. China is contemplating the suspension of its 125% tariff on specific US imports, echoing actions taken by the US, which has recently excluded electronics from its 145% tariff on Chinese goods.
These reciprocal adjustments illustrate the intricate economic interdependence between the world’s two largest economies, with critical sectors experiencing significant slowdowns as trade conflicts escalate.
For Thailand, the repercussions are expected to become evident in the latter half of the year, especially in the third and fourth quarters, when economic growth might decelerate to only 0.4% and 0.2%, respectively.
EXPORT DECLINE
Exports, which surged by over 10% in the first quarter, may decrease by double digits in the fourth quarter, leading to an estimated annual contraction of around 3%. The hardest-hit sectors are predicted to be computers and components, machinery, agriculture, gemstones, and rubber, with difficulties rapidly affecting other industries.
The global economy is entering a phase of heightened volatility, with a projected slowdown in growth by at least one percentage point to 2.5%.
Countries are adapting to the shifting global landscape; China is boosting its overseas markets while bolstering domestic investments and consumption, potentially accompanied by a significant devaluation of the yuan.
Germany has shifted leadership, with a new chancellor relaxing strict fiscal policies and establishing a €500 billion fund for infrastructure projects. The US may also face growth reductions, potentially falling from 1.9% to 0.9% due to rising costs.
Looking forward, though there are indications of a potential de-escalation between the US and China, considerable uncertainty remains. It is hypothesized that the effective tariff rate in the US may decrease from 28% to about 15%, providing some relief.
The unpredictability surrounding trade negotiations continues to impact global markets. If talks stall, tensions could escalate, possibly leading to a currency war, particularly if China allows the yuan to depreciate.
Barclays Research suggests the yuan could drop by as much as 20% in a worst-case scenario, which could disrupt the global financial ecosystem and challenge the dollar’s dominance as the primary currency, potentially fragmenting the global economy into multiple blocs.
As a trade-dependent nation, Thailand must undertake significant adjustments. The government should prioritize expediting negotiations with new partners, particularly the European Union. A successful Thai-EU agreement could boost trade value between the two markets by 15-20% over 3-5 years, increasing the trade proportion from the current 7% to between 10% and 15%.
Thailand should also plan to invest up to 4 trillion baht (20% of GDP) in large infrastructure projects, including roads, bridges, railways, and ports. Enhancing institutional infrastructure by streamlining procedures is equally crucial. These investments could spur short-term economic growth by 1 to 1.5%.
INTEREST RATE CUTS ANTICIPATED
The Bank of Thailand may need to implement three additional interest rate cuts this year to alleviate the effects of the economic slowdown. Offering low-interest loans and tax incentives for exporters could also provide assistance. Moreover, Thailand should collaborate with other affected ASEAN nations to improve the low intra-regional trade rate, which currently stands at only 21%, compared to 60% in Europe.
For the business community, particularly exporters, identifying new markets is a pressing need. Domestic companies should consider postponing new investments in the near term. The public should prepare for a potential economic downturn by increasing savings and acquiring new skills, especially in technology.
Investors should be prepared for fluctuations on the Stock Exchange of Thailand, with a cautious trading climate as they monitor trade discussions closely.
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26 April 26 2025Bangkok Newshttps://bangkokone.news/?p=206674 - URGENT HEALTH ADVISORY: Leishmaniasis Resurfaces in Thailand
⚠️ URGENT HEALTH ADVISORY: Leishmaniasis Resurfaces in Thailand BANGKOK, Thailand – Thai health officials have issued an urgent public health alert following a resurgence of Leishmaniasis, a rare but potentially fatal disease spread by sandflies, with over 40 cases and two deaths reported in 2025 — including one in Bangkok...
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URGENT HEALTH ADVISORY: Leishmaniasis Resurfaces in ThailandBANGKOK, Thailand – Thai health officials have issued an urgent public health alert following a resurgence of Leishmaniasis, a rare but potentially fatal disease spread by sandflies, with over 40 cases and two deaths reported in 2025 — including one in Bangkok and another in Songkhla.
What Is Leishmaniasis?- A zoonotic disease transmitted by sandflies (not by human contact).
- Present in Thailand since 1996, but still rare and dangerous.
- Two forms:
- Mild: Small skin bumps, usually treatable.
- Severe: Parasite attacks internal organs — symptoms include chronic fever, pale skin, enlarged spleen, and may lead to death if untreated.
How It’s Spread- Transmitted through the bite of infected sandflies, especially in warm, tropical climates like Thailand’s.
- Not spread by direct contact or respiratory droplets.
How to Protect YourselfDr. Jurai Wongsawat of the Ministry of Public Health emphasizes preventive measures similar to dengue fever:
Use insect repellent regularly.
Wear long sleeves and pants, especially in wooded or rural areas.
Keep your surroundings clean and free of insect breeding sites.
Who’s at Risk?- Locals and foreign travelers, especially those spending time outdoors.
- The latest case involved a traveller from the Middle East.
What To Do If You Have Symptoms- See a doctor immediately if you develop:
- Skin lesions
- Fever
- Fatigue
- Unexplained swelling of the spleen or liver
- Early detection can save lives, as the incubation period is unpredictable.
“Don’t let rarity fool you — Leishmaniasis is deadly if ignored,” warns Dr. Jurai. “Protecting yourself from all insect bites is essential.”
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25 April 25 2025Bangkok Newshttps://bangkokone.news/?p=206671 - Thailand Tightens Airport Security with New Liquid Rules for Hand Luggage
Thailand Tightens Airport Security with New Liquid Rules for Hand Luggage BANGKOK, Thailand — As of April 22, 2025, new nationwide rules are in effect for carrying liquids, gels, and aerosols (LGAs) through Thai airports, following a directive by the Civil Aviation Authority of Thailand (CAAT) aimed at boosting security...
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Thailand Tightens Airport Security with New Liquid Rules for Hand Luggage
BANGKOK, Thailand — As of April 22, 2025, new nationwide rules are in effect for carrying liquids, gels, and aerosols (LGAs) through Thai airports, following a directive by the Civil Aviation Authority of Thailand (CAAT) aimed at boosting security protocols.
What’s Changed?Under the new regulations:
- Each LGA item must be 100ml or less, and it must be stored in a container that is also no larger than 100ml—even if the container isn’t full.
- Passengers may carry up to 1 litre of LGAs in total.
- All items must be stored in a single, transparent, re-sealable plastic bag and presented separately at security checkpoints.
- These items are not counted against a passenger’s carry-on luggage allowance.
What Counts as an LGA?The list includes:
- Beverages, sauces
- Cosmetics and toiletries (e.g. mascara, foundation, lip balm)
- Sprays, foams, and pressurized containers
Even items that combine solid and liquid components are included.
Exemptions & Special CasesPassengers may carry LGAs beyond the 100ml rule only if they fall under these categories:
- Medications with supporting documentation
- Baby food or milk
- Medically necessary dietary items
Airport staff, airline crew, and emergency personnel are allowed to carry necessary LGAs as long as they comply with security screening.
Duty-Free Rules- Allowed if sealed in tamper-evident bags
- Must be accompanied by proof of purchase
- Transfer/transit passengers must present these items for inspection
What to Expect at the Airport- Airports are now required to display the updated LGA rules in public areas.
- Enhanced screening technology (like advanced X-ray scanners) may speed up checks at some airports.
- Stricter enforcement is possible based on local security conditions.
Pro Tip: Check AheadBefore flying, double-check both Thai regulations and those at your destination to avoid delays or confiscation of items.
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25 April 25 2025Bangkok Newshttps://bangkokone.news/?p=206667 - Thailand to Launch Online TM.6 System on May 1st to Boost Tourism and Ease Entry
Thailand to Launch Online TM.6 System on May 1st to Boost Tourism and Ease Entry BANGKOK, Thailand – In a move aimed at modernizing immigration procedures and bolstering its tourism sector, the Thai Ministry of Interior has officially announced that the traditional paper-based TM.6 arrival/departure form will be replaced by...
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Thailand to Launch Online TM.6 System on May 1st to Boost Tourism and Ease Entry
BANGKOK, Thailand – In a move aimed at modernizing immigration procedures and bolstering its tourism sector, the Thai Ministry of Interior has officially announced that the traditional paper-based TM.6 arrival/departure form will be replaced by a fully online system starting May 1, 2025.
The new Thailand Digital Arrival Card (TDAC), also referred to as the online TM.6 system, is expected to streamline the entry process for foreign visitors and reduce paperwork at border checkpoints.
What’s Changing?As of May 1, all foreign nationals entering or exiting Thailand will be required to submit their arrival/departure details online before traveling, replacing the long-standing blue-and-white TM.6 cards once filled out on the plane or at land borders.
Government StatementTraisuree Taisaranakul, spokesperson for the Ministry of Interior, confirmed the shift and noted that Deputy Prime Minister and Interior Minister Anutin Charnvirakul has already signed the order revoking the previous TM.6 exemptions granted since June 2022.
“This is part of the broader update to align with the Immigration Bureau’s digital transformation,” she said.
Next Steps- The new rule awaits the Prime Minister’s signature under the Immigration Act.
- It will then be submitted for publication in the Government Gazette, making it official.
What is the TDAC?The Thailand Digital Arrival Card system will function as a pre-travel online registration platform, where travelers input personal information, travel plans, and accommodation details ahead of arrival. It is part of the government’s plan to enhance security, reduce wait times, and support tourism recovery after recent slowdowns.
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25 April 25 2025Aviationhttps://bangkokone.news/?p=206664 - Thailand’s 80-Billion-Baht “Gambling Kickback” Economy Exposed: A Shadow Power Network
As Thailand’s government urgently seeks new revenue streams to stabilize its budget, one of the country’s largest untaxed economies continues to operate in the shadows: the illegal gambling kickback system, reportedly worth tens of billions of baht each year. Investigative reporting by The Nation and Post Today has brought to...
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As Thailand’s government urgently seeks new revenue streams to stabilize its budget, one of the country’s largest untaxed economies continues to operate in the shadows: the illegal gambling kickback system, reportedly worth tens of billions of baht each year.
Investigative reporting by The Nation and Post Today has brought to light the inner workings of this massive underground network — a parallel economy feeding a web of local influencers, law enforcement officers, and allegedly even senior political figures.
A Hidden Empire: 1.1 Trillion Baht in Annual Gambling ActivityEstimates suggest that Thailand’s illegal gambling industry rakes in 1.1 trillion baht annually. Within that, a kickback system valued at 45–78 billion baht per year serves as protection money to shield operations from legal action.
- Physical gambling dens
- Kickback rate: 5–8%
- Estimated annual kickbacks: 30–48 billion baht
- Online gambling platforms
- Kickback rate: 3–6%
- Estimated annual kickbacks: 15–30 billion baht
None of this revenue is taxed, audited, or subject to oversight, making it one of the largest unregulated sectors in the country.
The 3-Tier Power ChainAt the heart of this system lies a structured chain of influence:
- Operators → Pay local protectors (often influential community figures)
- Local networks → Include police, administrative staff, and some local government officials
- High-level beneficiaries → In areas with large-scale operations, payments reportedly reach senior government officials and national political actors
“The bigger the den, the more central the location, the higher the protection cost,” a source revealed.
Why Doesn’t the Government Act?Despite the possibility of generating up to 220 billion baht annually in taxes, analysts say the government’s reluctance to legalize or dismantle the system comes down to “policy inertia.” This suggests powerful individuals benefit from the current setup, turning the kickback money into a political war chest used to fuel campaigns, buy loyalty, and maintain influence.
“This is not just about money — it’s about power,” a former senior police officer noted. “Dismantling the system would require stripping influence from those who currently thrive on it.”
The Bottom LineAs Thailand grapples with financial challenges, the growing pressure to bring transparency to this shadow economy could become a turning point — but only if the political will exists to confront those at the top of the pyramid.
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25 April 25 2025Bangkok Newshttps://bangkokone.news/?p=206661 - Physical gambling dens
- Police to Charge ‘Drift King of Phu Thab Boek’ After Viral BMW Stunt
Police to Charge ‘Drift King of Phu Thab Boek’ After Viral BMW Stunt PHETCHABUN, Thailand — Authorities are moving to press charges against a suspected foreign national after a viral video showed him dangerously drifting a white BMW Z4 along winding mountain roads in Phu Thab Boek, prompting both public...
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Police to Charge ‘Drift King of Phu Thab Boek’ After Viral BMW Stunt
PHETCHABUN, Thailand — Authorities are moving to press charges against a suspected foreign national after a viral video showed him dangerously drifting a white BMW Z4 along winding mountain roads in Phu Thab Boek, prompting both public outcry and online praise.
The now-deleted clip, originally posted on TikTok by user lolono.re, captured the vehicle performing high-speed drifts along a curved road in Lom Kao district. A man is seen filming the stunt with his phone as the car ascends toward the popular mountain destination. The video quickly drew widespread attention, sparking debate online. While some viewers lauded the stunt as cinematic and daring—comparing it to the Fast & Furious film series—many condemned the act as reckless and illegal.
Pol Col Theerasak Sarnphusitsan, chief of Lom Kao Police Station, confirmed on Friday that the incident is under investigation. “This type of behavior endangers public safety and cannot be ignored,” he said. He added that the driver is believed to be a foreigner and that police have already identified the vehicle involved.
Authorities are currently reviewing CCTV footage to confirm the driver’s identity and will soon issue a summons for him to face charges related to traffic violations and public endangerment.
The Phu Thab Boek area, known for its scenic mountain roads, is a popular destination for tourists and locals alike. Officials have urged the public to refrain from performing or promoting dangerous stunts on public roads.
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25 April 25 2025Bangkok Newshttps://bangkokone.news/?p=206658 - Over the Rainbow Rooftop Party at Mimi’s BKK
Free Entry | Sunset Vibes | Drag Spectacle | Rooftop Revelry Bangkok’s nightlife calendar just got a whole lot brighter with the highly anticipated return of the Over the Rainbow Rooftop T-Dance Party — a vibrant, open-air celebration of music, performance, and community held at the elevated Mimi’s BKK, on...
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Free Entry | Sunset Vibes | Drag Spectacle | Rooftop Revelry
Bangkok’s nightlife calendar just got a whole lot brighter with the highly anticipated return of the Over the Rainbow Rooftop T-Dance Party — a vibrant, open-air celebration of music, performance, and community held at the elevated Mimi’s BKK, on the 25th floor of the dusitD2 Samyan Bangkok.
Organized by G-Spot Entertainment,, the event will make its 2025 debut on Saturday, 26th April, with encore editions already lined up for 31st May and 28th June. Doors open at 5:00 PM, inviting guests to enjoy a full evening of curated entertainment — all with no cover charge.
Where Style Meets Skyline
Mimi’s BKK is fast becoming a preferred hotspot for discerning partygoers and nightlife enthusiasts. Located within Bangkok’s first dusitD2 hotel — a modern lifestyle property nestled on Si Phraya Road, just a short distance from the city’s Silom nightlife district — the rooftop venue offers breathtaking 360-degree views of Bangkok’s skyline, creating an ideal setting for a golden hour cocktail or a moonlit dance.
A Line-Up to Remember
The evening will be hosted by Bangkok’s premier drag talents: AmadiVa, Srimala, and Amora. Expect three high-energy drag performances scheduled throughout the night at 8:00 PM, 9:00 PM, and 10:00 PM, blending showmanship, fashion, and fierce attitude. On the decks, DJ Tannix will spin an electrifying mix of house, disco, and pop, keeping the energy levels high from start to finish. Organizers also hint at surprise appearances and spontaneous performances — so attendees are encouraged to arrive ready for anything.
Drinks, Sponsors, and Elevated Hospitality
Keeping the party fueled are premium drinks courtesy of Brown-Forman Brands, with featured selections including Absolut Vodka and Champagne Canard-Duchêne. The emphasis is on quality, experience, and connection — all set against the dazzling backdrop of one of Bangkok’s most iconic cityscapes.How to Attend
This event is free to enter, but early arrival is recommended for those looking to secure the best views and prime spots near the main stage. For guests seeking table service or a more curated VIP experience, reservations are strongly encouraged. For table bookings and additional information, contact Ken Kreangsak Saeleing via WhatsApp or Line (@Kenl_Leing) at 088-665-9986.The post Over the Rainbow Rooftop Party at Mimi’s BKK appeared first on Bangkok One News.
25 April 25 2025Bangkok Newshttps://bangkokone.news/?p=206646 - Small Aircraft Crashes into Sea Near Hua Hin Airport
A small plane crashed into the sea near Hua Hin airport on Friday, leaving an unknown number of passengers injured. The 191 Emergency Centre in Phetchaburi reported the incident at 8:15 AM, stating that the aircraft, which had five passengers on board, went down in the Gulf of Thailand near...
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A small plane crashed into the sea near Hua Hin airport on Friday, leaving an unknown number of passengers injured.
The 191 Emergency Centre in Phetchaburi reported the incident at 8:15 AM, stating that the aircraft, which had five passengers on board, went down in the Gulf of Thailand near the Baby Grande Hua Hin Hotel in the Cha-am district of Phetchaburi.
The resort is located close to Hua Hin airport in the Prachuap Khiri Khan district, approximately eight kilometers from Hua Hin town.
The plane was taking off from the airport to transport several parachutists for practice.
Details regarding the cause of the crash and the extent of the injuries remain unclear.
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25 April 25 2025Bangkok Newshttps://bangkokone.news/?p=206643 - Million-Dollar Ferrari Erupts in Flames After High-Speed Crash in Bangkok
Million-Dollar Ferrari Erupts in Flames After High-Speed Crash in Bangkok BANGKOK — A fiery three-car collision in the early hours of April 23 destroyed a $1 million Ferrari F8 Tributo on Borommaratchachonnani Road in Bangkok’s Thawi Watthana District. CCTV footage captured the white Ferrari speeding before slamming into a Mercedes-Benz...
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Million-Dollar Ferrari Erupts in Flames After High-Speed Crash in Bangkok
BANGKOK — A fiery three-car collision in the early hours of April 23 destroyed a $1 million Ferrari F8 Tributo on Borommaratchachonnani Road in Bangkok’s Thawi Watthana District.
CCTV footage captured the white Ferrari speeding before slamming into a Mercedes-Benz C220, sending both cars spinning into a Toyota pickup, which flipped over. Moments later, the Ferrari and Mercedes ignited, engulfing the luxury vehicles in flames.
Amazingly, all occupants survived. The 29-year-old Mercedes driver, identified as Thanawut, was hospitalized with injuries. Ferrari driver Treeran, just 21, escaped with minor wounds and declined treatment. Both reportedly attempted to help the pickup driver before leaving the scene.
Firefighters battled the blaze for 20 minutes before extinguishing the inferno. Police confirmed no alcohol was involved, with blood test results pending. Charges are expected, as officials say CCTV clearly identifies the at-fault party.
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24 April 24 2025Bangkok Newshttps://bangkokone.news/?p=206639 - Thailand Faces Decline in Chinese Tourists Amid Fierce Regional Competition
Thailand Faces Decline in Chinese Tourists Amid Fierce Regional Competition Key Statistics (Q1 2025): Challenges Identified: Strategic Response from Thailand: Tourism Forecast for 2025: Industry Voices & Solutions:
The post Thailand Faces Decline in Chinese Tourists Amid Fierce Regional Competition appeared first on Bangkok One News.
Thailand Faces Decline in Chinese Tourists Amid Fierce Regional Competition
Key Statistics (Q1 2025):
- Japan: 2.36 million Chinese tourists
- Vietnam: 1.6 million (+78% YoY)
- Thailand: 1.33 million (−24% YoY)
Challenges Identified:
- Safety concerns: Lingering fears among Chinese tourists after recent incidents and natural disasters (e.g., March earthquake)
- Geopolitical tension: Trade wars and stricter U.S. tariffs impacting China’s economy
- Domestic focus: Chinese government promoting internal tourism
- Strong competition:
- Japan: Yen depreciation boosts affordability
- Vietnam: Visa exemption agreements, MoUs with Chinese provinces, cross-border QR payment system
Strategic Response from Thailand:
- Shift in marketing: From volume to quality tourism
- Mega Fam Trip (“Sawassdee Nihao”): 600 Chinese KOLs and tour operators invited to Thailand in May
- Flight route support: TAT helping Shandong Airlines resume Jinan–Bangkok flights
- 50th anniversary promotions: Events throughout the year to boost Thai-Chinese ties
Tourism Forecast for 2025:
- Projected 4.2 to 5.5 million Chinese arrivals, down from 6.7 million in 2024
- Daily average: 10,000–15,000 visitors
Industry Voices & Solutions:
- Santisuk Klongchaiya (Thai AirAsia): Urges improved safety image and larger promotional budgets in China
- Suggested actions:
- Leverage Chinese media to restore trust
- Boost TAT presence across China’s 5 offices
- Partner with influencers and online travel agencies
- Suggested actions:
- ATTA President Sittiwat Chiwarattanaporn: Warns of ongoing economic drag from U.S. tariffs on China and increased competition
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24 April 24 2025Bangkok Newshttps://bangkokone.news/?p=206635