Deputy Prime Minister of Thailand Anutin Charnvirakul wants more premium tourists

Gulfstream private jet
Gulfstream aircraft makes a final approach for a landing. Photo: U.S. Navy photo by Photographer's Mate 1st Class William R. Goodwin.

Private hotels and hospitals in Thailand should not offer big discounts to attract tourists but should instead raise the country’s value as a “premium” travel [Read More…]

Thailand’s household debt forecast to jump to 95% of GDP this year

View of Sukhumvit, seen towards west - Bangkok. Sukhumvit Road is in the right margin of the image
View of Sukhumvit, seen towards west - Bangkok. Sukhumvit Road is in the right margin of the image. Photo: Bjoertvedt. CC BY-SA 4.0.

The average household debt in Thailand has increased 5.09% year on year, to 217,952.59 baht, the highest in 14 years, and this year the debt [Read More…]