Thailand Economy News

Pay cashless, a sensible thing? Even in Thailand, you can pay cashless while shopping. But now the question arises whether in the future you should completely renounce cash Worldwide. Which advantages and disadvantages come with a cashless payment transaction. The 10 Baht Songthaew's would be eliminated in Thailand but also the private and overpriced rides. For cross-border payment by card, one could, for example, create a folder for a vacation.…

Thailand's economic growth & gross domestic productThailand's economic growth has been constant for years. It always seems to go up. Thailand's gross domestic product (GDP) has increased almost twice in the last 10 years. In 2008 it was still about 290 billion US dollars, now it is already 490 billion in 2018. The economy in Thailand is booming, you can see it in the ever-growing tourist areas such as Pattaya,…

Buy a property in ThailandIs it worth it to buy a property in Thailand? Well, there are some obstacles to acquire property in Thailand. Anyone who wants to buy his own house and land in Thailand, currently has no way of owning it. Although you are allowed to buy real estate in Thailand, you are not allowed to own the land if you are not Thai. In this case, the…