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THAILAND LIVE Thailand Live Monday 5 May 2025
Thai Economy Faces Challenges Amid Cabinet Speculation and US Tariff Concerns File photo for reference only Thailand's economic outlook appears uncertain as unresolved US tariff negotiations continue to weigh heavily on forecasts, with the government likely to miss its targeted 3% growth this year. The situation took a worrying turn last week when Moody's Investors Service became the first global credit ratings agency to revise Thailand's outlook to negative, prompting calls for stronger action from the government, or even a cabinet reshuffle. Full Story: https://aseannow.com/topic/1359801-thai-economy-faces-challenges-amid-cabinet-speculation-and-us-tariff-concerns/ -
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American S.S. issue
I just saw on a Google news site that anyone receiving SS benefits for any reason must visit a SS office in person or they will no longer receive checks??? I tried to log in to my secure.ssa.gov site but I can't open the web site. I logged in to that site a few weeks ago to see if anything had changed, and it hadn't. I would think that the US embassy would send out some kind of notice if visiting a SS office in person would be something we living here would be affected by. Anyone know the facts on this, or was that fake news on Google??? -
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What is it about Trump that triggers you and causes you so much angst and unease
Another respected comment thanks! Totally agree. My wife became friends with a Norway guys wife! The guy had a Birthday party & we were invited . I really didn’t know much about him other than a very brief introduction and small conversation prior to the invitation which revealed he was adamant on never returning to his country again. Why I asked!The Norway Guy said,The Norway Government immigration system is letting in migrants from everywhere . The Bd party was the weekend following the recent USA election results back in November 2024. I sat down at a table with acquaintances from the UK. After a while alcohol was starting to take over the conversation and politics came up. I would think anybody who is against the globalist efforts at allowing mass immigration from disputed and undesirable countries would have a common ground until the birthday boy said he wished the July assassin didn’t miss. I leaned over to the guy next to me and said Wtf .His opinion was there’s a lot of Socialist here. I think its much deeper . Deranged. Can socialism really make you hate a Capitalist so much , that you want to kill a leader who loves traditional values, such as having migrants come who assimilate to your countrys culture. I won’t be going to Bday boys parties anymore! People who are comfortable with assassination are sick! -
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Immigration Thailand Digital Arrival Card. TDAC
I hate handing out my phone to govt officials. On my phone the naked pics are all over the place. -
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Economy Thai Economy Faces Challenges Amid Cabinet Speculation and US Tariff Concerns
File photo for reference only Thailand's economic outlook appears uncertain as unresolved US tariff negotiations continue to weigh heavily on forecasts, with the government likely to miss its targeted 3% growth this year. The situation took a worrying turn last week when Moody's Investors Service became the first global credit ratings agency to revise Thailand's outlook to negative, prompting calls for stronger action from the government, or even a cabinet reshuffle. Industry leaders are divided on the issue. Kriengkrai Thiennukul, chairman of the Federation of Thai Industries, believes this is not the appropriate time for Prime Minister Paetongtarn Shinawatra to reshuffle her cabinet. He emphasises the need for continuity, particularly in economic ministries, as Thailand navigates intricate trade negotiations with the US following the imposition of a 36% tariff on Thai goods. Kriengkrai stresses the importance of maintaining the current ministers to ensure negotiations proceed without interruption. Beyond trade policy, the economy faces high household debt levels, which have tightened bank lending, impacting sectors like the automotive industry. The Office of Industrial Economics (OIE) attributes a recent uptick in the Manufacturing Production Index (MPI) to government measures, including a senior citizens' handout and a debt relief scheme, showcasing some resilience amid broader economic struggles. Despite this, voices like Sanga Ruangwattanakul, president of the Khao San Road Business Association, argue that cabinet leadership needs revitalisation, particularly in tourism and economic stimulus areas. He points to missed opportunities in tourism restoration and dwindling foreign tourist numbers, especially from China, as pressing issues that require ministerial action beyond routine activities. Financial strategist Poj Aramwattananont from the Thai Chamber of Commerce highlights the importance of knowledgeable leadership navigating global uncertainties, urging collaboration between the public and private sectors to address domestic challenges effectively. Amid growing calls for proactive measures, business leaders like Thaniwan Kulmongkol from the Thai Restaurant Association call for more dialogue on pressing economic issues, particularly regarding agriculture prices and VAT proposals affecting small businesses. From a market perspective, Mongkol Puangpetra of Daol Securities notes that investor sentiment remains focused on global factors like the US-China trade war rather than domestic politics. While Thai equities experienced a rally due to easing global tensions, the broader economic landscape remains vulnerable to external disruptions. With Moody’s downgrade driven by fiscal sustainability concerns, experts caution that although recent market recoveries might offer temporary relief, sustained economic resilience will require strategic government action and effective crisis management amidst ongoing global trade dynamics. Adapted by ASEAN Now from Bangkok Post 2025-05-05
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