Hyatt Pursues Standard Hotels/Soi 94 road resurfacing/Cha Am-Phetchaburi Food Festival/Robe ceremony at Wat Huay Mongkol/History of Hua Hin’s airport/Photographer’s work shown in Venice/Aged Thai society will need more/Officer Killed, Hostages Freed/Ambitious zoo plans/Toast, Thai curry and hot chips/Nat Thaipun, Masterchef Australia 2024/Economy: ‘Pet Economy’ on the rise/Cash in on fast-growing pet industry/Economic woes ‘top priority’/New engines of growth/New creative labs/Digital handout set for Q4/Mitigate future tech outages/Thailand eases access for MICE travelers/Proposal to legalize adult entertainment/GAC Aion upbeat/Tourism: Wooing digital nomads/Thailand Experience: 10 unique stays/TAT lines up Muay Thai treat/Japan to explore dual pricing/International/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
Email link – kenbrown@businessclassasia.com
Hyatt Pursues Standard Hotels: What’s Behind the Luxury Lifestyle Play
Hyatt is reportedly near to closing a transaction with Standard International, owner of the luxury lifestyle brand The Standard and other brands.
What’s behind the potential deal? The Standard is part of a category of hotels that Hyatt and all major hotel groups increasingly covet. While a typical hotel is just a place to sleep, “luxury lifestyle” hotels are boutique-like places where the lobby looks like a modern art gallery and the rooftop bar serves drinks with names you can’t pronounce. Continued …
Pa La-U waterfall in Hua Hin has been closed to visitors after runoff, triggered by days of heavy rain, made the approach to the popular tourist site in Kaeng Krachan National Park dangerous.
Persistent heavy rain has led to a steady accumulation of water at the site, triggering runoff with murky colored sediment, said Somchet Chantana, director of the Phetchaburi branch office of Protected Areas Regional Office 3. Continued …
Cha Am-Phetchaburi Food Festival starts Wednesday
The Cha Am-Phetchaburi Food Festival, running from July 24-28, promises an array of delicious food, live music, and fun activities. Held at the Cha Am Beach viewpoint in Phetchaburi from 4 pm to 11 pm daily, the event aims to boost tourism and stimulate the local economy.
The festival, officially titled the Cha Am-Phetchaburi Soft Power & Food Festival, features numerous booths offering a variety of foods from different vendors. Continued …
Robe ceremony for queen’s birthday at Wat Huay Mongkol Aug 11
Aged Thai society will need more than just retirement lottery
Thailand is currently an aged society. The Kasikorn Research Center projects that by 2024, Thailand will have approximately 14.6 million people aged 60 and over. However, savings to support an aging society remain a significant challenge for Thai society.
Research on “Alternative Asset Management for Thai Elderly” found that 47% of the elderly have insufficient savings, and more than 40% lacked enough income or assets to sustain themselves after retirement. Continued …
Officer Killed, Hostages Freed After 8-Hour Standoff in Bangkok Suburb
After an intense eight-hour hostage standoff with police in Bangkok, a man was found dead in a house, with the confrontation tragically resulting in the death of one officer and the injury of another.
The ordeal began last night at 9.35pm, when police from the Tha Kham police station responded to reports of a man, named Boonma, holding his family hostage at a house on Kanchana-Rama 2 Road. Boonma, who had known mental health issues, struck his daughter with a pistol, setting off a chain of distressing events. Continued …
Ambitious zoo plans unfold
A deed has been granted for a 300-rai plot in the Rangsit Khlong Hok area of Pathum Thani’s Thanya Buri district, to be used for a new zoo.
This will replace the 80-year-old Dusit Zoo in Bangkok, which closed in 2018. As it is three times larger, the new zoo will provide a more natural environment for animals, with more green and safe spaces, said Attapon Srihayrun, director of the Zoological Park Organization of Thailand under Royal Patronage in July 2022. Continued …
Toast, Thai curry and hot chips: what Australian Olympic athletes eat before they compete
Training routines, sleep schedules, social calendars – for elite athletes, every aspect of their lives is planned to maximize performance. But when it comes to meal times, what do Australian Olympians eat to keep their energy up and their mood high before a competition?
Ahead of the Games’ opening on July 26, 13 Olympic athletes were asked what they eat before they compete – and what they like to feast on when it’s all over. Continued …
Nat Thaipun, The Thai Contestant Who Won Masterchef Australia 2024
When it comes to cooking, Thais never settle for silver. After an epic battle, Nathale ‘Nat’ Thaipun has been crowned the winner of Masterchef Australia 2024. Here’s what you need to know about this aspiring cook.
Nat Thaipun innovates her cuisine by blending Thai cuisine with global techniques, making sure the local and seasonal produce she uses is treated with care and cooked to perfection. This is what got her the winning title on Masterchef Australia, and a central part of her culinary vision. Where did it all begin? And what is Nat’s background? Continued …
‘Pet Economy’ on the rise
Nowadays, many public places display “Pet Friendly” signs, and pet-related businesses are booming thanks to the rapid expansion of the “Pet Economy.”
Many people are willing to spend substantial amounts of money to pamper their beloved pets. This trend is also seen in China, where many are spending significant sums to send their pets to “kindergarten” while they are at work. Continued …
PM urges businesses to cash in on fast-growing pet industry
Thailand’s pet industry continues to show remarkable growth, with the market surpassing 250 billion baht in revenue for 2023, according to recent data from the Department of Business Development, Ministry of Commerce.
The pet business sector generated a total revenue of 258.7 billion baht in 2023, a 5.8% increase from the previous year. This growth trend has been consistent over the past three years, with net profits reaching 14.99 billion baht in 2023, up 9.8% year on year. Continued …
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Economic woes ‘top priority’
The public wants the government to focus on tackling poverty, growing household debt and rising unemployment, according to the latest Suan Dusit poll.
The poll, in which Suan Dusit Rajabhat University surveyed 1,146 respondents, gauged the public’s opinion on the most pressing issues facing Thais since the Covid-19 pandemic ended, said researcher Pornphan Buathong yesterday. Continued …
A model replica of the third phase of Laem Chabang deep-sea port in Chon Buri
Thailand seeking new engines of growth
About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand’s golden era.
Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate, while raising hopes that Thailand would become Asia’s fifth tiger. Continued …
TCDC selects 10 provinces for new creative labs
The Thailand Creative & Design Center (TCDC) has selected 10 provinces for creative labs to support creativity by upskilling and reskilling the local people.
TCDC recently announced that it has been considering candidates for its 10 new provincial centers from February to April and has selected Chiang Rai, Nakhon Ratchasima, Pattani, Phitsanulok, Prae, Phuket, Si Sa Ket, Surin, Uttaradit and Ubon Ratchathani. Continued …
Digital handout set for introduction in Q4
The Commerce Ministry has revealed the final preparations concerning the registration of recipients and participating shops for the digital wallet handout scheme.
Commerce Minister Phumtham Wechayachai said up to 1.6 million vendors are ready to join the digital wallet scheme, which is expected to begin in the fourth quarter as scheduled. Continued …
Plans needed to mitigate future tech outages
The global computing outage on Friday caused by a faulty software update underscores the need for the public and private sectors in Thailand to have business continuity plans to ensure their operations are not interrupted, says the head of the National Cyber Security Agency (NCSA).
The CrowdStrike failure caused huge headaches for airlines worldwide and in Thailand, though Aeronautical Radio of Thailand (Aerothai) was not impacted, Air Vice Marshal Amorn Chomchoey said. Continued …
Thailand eases access for MICE travelers with new measures
Thailand has simplified access for MICE travelers with the “Thailand MICE One Stop Service” initiative, jointly announced by the Thailand Convention and Exhibition Bureau (TCEB) and three alliance organizations. This collaborative effort aims to make Thailand a preferred destination for exhibitions and global festivals.
The initiative was unveiled during a press conference at the Hyatt Regency Sukhumvit Bangkok Hotel. Key representatives included Worawoot Pongprapapant, director-general of the Department of Consular Affairs; Kerati Kijmanawat, president of Airports of Thailand (AOT); Police Ma.j Gen. Choengron Rimpadee, commander of Immigration Division 2; and Chiruit Isarangkun Na Ayuthaya, president of TCEB. Continued …
Thai proposal to legalize adult entertainment industry sparks debate
The Move Forward Party (MFP) is advocating for a significant change to Thailand’s Criminal Code to legalize the adult entertainment industry, including pornographic materials and sex toys. This initiative aims to dismantle the existing taboos and establish better regulation.
MFP MP for Bangkok Taopiphop Limjittrakorn submitted the proposal to Parliament last week, with discussions expected to commence within the next couple of weeks. Continued …
GAC Aion upbeat on EV market prospects
GAC Aion New Energy Automobile, an electric vehicle manufacturer under Guangzhou Automobile Corp. (GAC), expects to gain benefits from the continual growth of Thailand’s EV market, following the recent opening of a 2.3-billion-baht EV assembly plant in Rayong.
The company plans to produce up to 70,000 EVs a year over the long term for domestic sales and export, said Ma Haiyang, general manager of GAC Aion Southeast Asia. Continued …
How Southeast Asian countries are wooing digital nomads with special visa programs
The concept of digital nomadism is pushing the boundaries in Southeast Asia, with an increasing number of countries in the region exploring or implementing visa schemes specifically designed for remote workers.
While some countries like Thailand and Indonesia have introduced new visa options for remote workers, the process has been criticized as cumbersome and not practical for short-term stays. The requirements for proof of income, long processing times, and unclear tax rules have deterred many digital nomads from participating in these programs. Continued …
Seafront Glamping, Koh Chang
Travel to Thailand creatively this green season with these 10 unique stays
Thailand’s green season is here, and with it comes road trips, weekend escapes and extended family vacations. As Thais look to rediscover their favourite destinations and uncover new ones, Airbnb shares some of the most unique Airbnb stays across Thailand to inspire Thai travel wanderlust.
Imagine glamping and falling asleep to the waves lapping against the shore, or relaxing at a thatched stay inspired by the shape of a coconut. From treehouses to container stays, to floating homes, buses and trains, you can get out of your box this green season and turn your travel dreams into memorable stays with these unique stays within Thailand. Continued …
TAT lines up Muay Thai treat to promote travel and soft power
A feast of martial art is in store for Muay Thai fans through a series of events across Thailand in August and September, which aims to promote off-season travel and Thai soft power.
The “Amazing Muay Thai Experience 2024” event, highlighting four styles of Thai traditional boxing, are being held in Surat Thani, Uttaradit, Nakhon Ratchasima and Lopburi provinces by the Tourism Authority of Thailand (TAT). Continued …
Surge in inbound tourists pushes Japan to explore dual pricing
As Japan copes with an influx of tourists driven by the yen’s weakness, a growing number of restaurant and attraction operators are looking at charging foreign visitors more, a development that has sparked concerns it may conflict with how the country wants to market itself.
Two-tiered systems where foreign travelers are charged higher prices than local people have mostly been seen in tourist spots in developing countries, leading to concerns that Japan could end up compromising its image as a high-end tourist destination. Continued …
Biden drops out of 2024 US presidential race
At 1.45pm Sunday, President Joe Biden’s senior staff was notified that he was stepping away from the 2024 race. At 1.46pm, that message was made public. Continued …
Expats angry at Thai visa changes/No alcohol sales this weekend/Hua Hin 94 Road Improvement/Cha Am-Phetchaburi Food Festival/Hua Hin collects invasive fish/PKK rubber farmers oppose fish purchase/Microsoft cloud outage/Fix delivered for tech outage/No increase in power bills/Floods swamp 5 provinces/Thai meal can give you liver cancer/Organic approach to sustainable well-being/Thailand changes Olympic uniforms/Thai tenant shocks owner/Government ‘united’ on weed policy/Opposition to outlawing cannabis/Put weed plan on hold/Foreigners behaving badly/Economy: Economists worry about Thai economy/Thailand as Financial Hub/Thailand’s medical device market/Banks post mixed results/SCBX profit of 10 billion baht/CIMB Thai profit of Bt1.2946 billion/Krungsri earnings of 15.75 billion baht/Drought, Flood, And Rice Security/SolarEdge Introduces New Products/Tourism: Cashing in On Amateur Events/Tourist safety upgrades in Phuket/Enhance safety on Pattaya beaches/Thai AirAsia X suspends Sydney route/Thailand Experience: Thailand’s Tranquil Retreats/Thai traditional medicine/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
Expats angry at huge concessions in latest Thai visa announcements
Longstay expats with expensive visas say the new 60-days visa-exempt policy and the 180-days Destination Thailand Visa have made the Elite visa and the annual extensions of stay for retirement and marriage worthless. Geoffrey Fisher, a Brit who recently paid 900,000 baht (about 20,000 UK pounds) for the five-year Elite visa said he had wasted his money, as more or less anyone can now stay in Thailand almost indefinitely for a paltry sum.
The disenchanted argue that the 60-days visa-exempt can evidently be extended at local immigration for 30 days more, followed by a border run to start the whole process again. Some immigration officers at Bangkok’s Suvarnabhumi airport have allegedly told new arrivals they can now do as many border runs as they like. Continued …
Reminder: No alcohol sales this weekend
Thailand celebrates the start of Buddhist Lent, a three-day religous holiday, this weekend – meaning no alcohol sales for the duration. Today is Asahna Bucha Day, Sunday is Khao Phansa Day, and Monday is a second Asahna Bucha Day.
Alcohol sales are banned from Friday night at midnight until Monday night at midnight.
Asahna Bucha Day is the celebration in Thailand of the “Four Noble Truths” preached by Buddha in his first sermon after his enlightenment. These four noble truths are dukkha, tanha, nibbana, and the eight-fold path.
Khao Phansa Day is a Buddhist holiday observed in Thailand on the first day following the full moon occurring in the eighth month of the Thai lunar calendar. Khao Phansa marks the first day of “Buddhist Lent”, a time when observant Buddhists fast from such things as meat, alcohol, and tobacco. For the most part, only Theravada, rather than Mahayana, Buddhists observe Khao Phansa, and even many Theravada practitioners choose not to fast.
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Hua Hin 94 Road Improvement Project Begins Monday
This week, Hua Hin municipal officials and staff, and representatives from Chok Kijcharoen Ltd., the contractor responsible for the project, inspected the site for the upcoming renovation of Hua Hin 94 Road. The project involves installing drainage pipes and resurfacing the road from the western railway intersection to Ban Chang Heng.
During the site visit, project officials announced that construction machinery would be deployed on Monday to begin the first phase of the project. This phase will cover the area from Hua Hin 94 Soi (in front of the 7-11) to the Amara Resort intersection. Continued …
Cha Am-Phetchaburi Food Festival set for July 24-28
The Cha Am-Phetchaburi Food Festival, running from July 24-28, promises an array of delicious food, live music, and fun activities. Held at the Cha Am Beach viewpoint in Phetchaburi from 4 pm to 11 pm daily, the event aims to boost tourism and stimulate the local economy.
The festival, officially titled the Cha Am-Phetchaburi Soft Power & Food Festival, features numerous booths offering a variety of foods from different vendors. Continued …
Hua Hin collects 50 kilograms of invasive fish in one day
PKK rubber farmers oppose fund use for fish purchase
Rubber farmers in Prachuap Khiri Khan raised concerns over the Ministry of Agriculture’s decision to use funds from the Rubber Authority of Thailand (RAOT) to buy black-banded trevally fish at 15 baht per kilogram. The farmers question the fairness and appropriateness of this policy.
Rungroj Ratanakaw, a resident of Thong Mongkol subdistrict in Bang Saphan district, voiced his disagreement with the ministry’s policy. He stated that using funds from the RAOT to support the Department of Fisheries in purchasing large quantities of black-banded trevally fish seems unreasonable. Continued …
Thailand affected by Microsoft cloud outage
Thailand faces disruptions as a global IT meltdown wreaks havoc across key sectors, impacting airports, banks, offices, and retailers. The crisis, attributed to a recent Microsoft Windows update by cybersecurity firm CrowdStrike, has left many organizations in disarray.
Airports of Thailand (AOT), managing six key airports, reported significant delays and urged passengers to arrive at least four hours before departure. Among the affected airlines at Suvarnabhumi Airport were Cebu Pacific Air, GoAir, Hong Kong Express Airways, IndiGo Airlines, Jetstar Airways, Jetstar Asia, Scoot, SpiceJet, Thai AirAsia, Thai AirAsia X, and Norse Atlantic Airways. Continued …
Fix delivered for tech outage that caused chaos worldwide
The cybersecurity firm CrowdStrike has deployed a fix for a software problem that triggered one of the biggest tech outages the world has ever seen, affecting industries ranging from airlines to banking and healthcare worldwide, the company’s CEO said on Friday.
All Windows computers affected by the failure will need to be manually rebooted, CrowdStrike said. Continued …
No increase in power bills through end of year
The government will try to keep the power tariff unchanged for the rest of the year to curb electricity bills, amid predictions that gas prices will rise in the second half, despite more financial pressure on the state budget.
Businesses and households are likely to pay bills determined by the current tariff rate of 4.18 baht per kilowatt-hour (unit) during the last four months of this year, although the latest calculation made by the Energy Regulatory Commission (ERC) indicates that the rate must increase, Energy Minister Pirapan Salirathavibhaga said on Friday. Continued …
Satellite images show floods swamping 5 provinces
Satellite images have shown extensive flooding across Phetchabun, Chaiyaphum, Phitsanulok, Maha Sarakham and Khon Kaen provinces, according to the Geo-Informatics and Space Technology Development Agency (GISTDA).
Captured by COSMO-SkyMed-2 on Thursday evening, the photos show more than 118,000 rai of land inundated. Of the affected areas, more than 2,800 rai are rice farms. Continued …
This Thai meal can give you liver cancer if you take just one bite
Foodies will already be aware that Southeast Asian cuisine is best known for blending strong aromatic components with ingredients such as tamarind and lemongrass. And while you may have tucked into a couple of bowls of steaming Tofu Pad Thai and Gang Gai Khao Mun (Thai chicken curry) in your time, there’s another popular dish you probably haven’t tried.
That’s because this cheap food is reportedly responsible for around 20,000 deaths per year. Koi Pla is the name of this deadly dish and it’s claimed that millions of people regularly tuck into it every year. Continued …
Organic approach to sustainable well-being
Although progress has been made in production and policy measures, organic agriculture is still considered to be at an early stage of development in Thailand when it comes to major actors such as private companies, government projects, grower cooperatives, grassroots support groups and non-government organizations.
Plearnprai Organic Social Enterprise Co. is a social enterprise established by a team of doctors that develops healthy products from sustainable agricultural practices. Continued …
Thailand changes Olympic uniforms after criticism
The National Olympic Committee of Thailand will replace the controversial outfits worn by Thai athletes used for the 2024 Summer Olympics’ opening ceremony.
The new uniforms, designed by Grand Sports and four other teams, will feature the Ban Chiang pattern for the ceremony in Paris next Friday, the NOCT announced on Friday. Continued …
Thai tenant shocks owner by bringing 29 cats for one night
A tenant staying at a daily rental room shocked the owner by bringing 29 cats along for just one night. Initially, the situation seemed amicable, but it ended poorly.
The landlord, who owns daily and monthly rental rooms, posted a clip showing the aftermath of a guest who rented a room for a single night and brought along 29 cats. The incident was reported yesterday after complaints from other occupants on the same floor about a foul odor emanating from the room. Continued …
Government ‘united’ despite weed policy U-turn
Deputy Prime Minister and Commerce Minister Phumtham Wechayachai insisted the government is still united despite recent hiccups with the plan to re-list cannabis as a narcotic, adding that he already talked with Interior Minister Anutin Charnvirakul.
The decriminalization of cannabis was a flagship campaign policy of the Bhumjaithai Party led by Anutin. A related bill has already passed the first reading in the House. However, it was shelved due to opposition from the medical profession. Continued …
Anutin raises the stakes, expresses opposition to the PM’s policy outlawing cannabis
The question of cannabis is fast becoming a political headache for Prime Minister Srettha Thavisin. This week he was confronted by Interior Minister Anutin Charnvirakul, who voiced his opposition to the process presently underway to re-criminalize possession and use of the drug for recreational purposes.
At a meeting between the key coalition partner and Srettha, Anutin confirmed he would vote against the criminalization of cannabis at a forthcoming meeting of the Narcotics Control Board (NCB) to be chaired by the PM. Afterward, the deputy prime minister also noted ominously that this was currently a ministerial matter that had not reached Cabinet level yet. Continued …
Put weed plan on hold
The government, especially Health Minister Somsak Thepsutin, needs to immediately put on hold the plan to put cannabis back on the narcotics list, and engage in dialogue on the issue with all stakeholders.
The decision to fast-track the re-criminalization of the herb is just arrogant, authoritative and wilfully ignorant of the importance of public participation in such policy shifts. Continued …
Gambian Man Arrested After Seven Years Overstay – Continued …
Foreign Suspect Sentenced to 1,073 Years Imprisonment Over Patong Child Sexual Exploitation – Continued …
Four Colombians arrested for Bangkok area home burglaries – Continued …
Chinese men flee to Hong Kong after Chon Buri home invasion – Continued …
South Korean man faces jail for hiding illegal Thai worker’s body – Continued …
10-Year Canadian Friend Steals $400k Gems from Bangkok Merchant – Continued …
Economists worry despite IMF’s positive forecast for Thai economy
Though the Finance Ministry is optimistic about Thailand’s economic prospects after the International Monetary Fund (IMF) upgraded the country’s GDP growth to 2.9% from 2.7%, many economists remain worried.
Despite the modest increase, Finance Minister Pichai Chunhavajira described the revised forecast as encouraging. “Although the difference of 0.2 or 0.3% is low, it is still good amid an ongoing downturn,” he said. Continued …
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Thai PM Launches Project to Transform Thailand into Financial Hub
Prime Minister Srettha Thavisin delivered a keynote address at the Finance Ministry’s “Ignite Finance” Initiative on Friday, part of his “Ignite Thailand” vision to position the country as a global financial hub.
The “Ignite Finance” initiative seeks to propel Thailand onto the global financial stage with a strategic focus on banking, securities, derivatives, digital assets, and insurance. It aims to broaden financial accessibility for underserved communities and small businesses, fostering inclusive economic growth. Continued …
Thailand’s medical device market to grow at CAGR 6.9% to 2028
Thailand’s medical device market is projected to value $2.5 billion (Bt97.6 billion) in 2028, reflecting a compound annual growth rate (CAGR) of 6.9% in local currency terms.
According to BMI, the market’s positive outlook is due to strong import growth from the past year. Moreover, the market’s growth is attributed to the country’s continued efforts to promote medical tourism and integrate digital health technologies in line with the Thailand 4.0 policy. Continued …
Country’s leading banks post mixed results for first half
The big three banks reported mixed results for the first half of this year. Despite lowering loan rates to support vulnerable customers amid a sluggish economic recovery, their overall income growth remained positive.
Bangkok Bank (BBL) and its subsidiaries posted a net profit of 22.3 billion baht for the first half of 2024, up 4.2% from the same period last year. Continued …
SCBX announces Q2 net profit of 10 billion baht
SCB X Public Co. (SCBX) reported a consolidated net profit of 10 billion baht for Q2 2024, a 15.6% YoY decrease. For the first half of the year, net profit was 21.3 billion baht , down 6.9% YoY.
For the quarter, net interest income rose 5.8% YoY to 32.6 billion baht, driven by an expansion in net interest margin (NIM) and a slight overall loan growth of 0.6% YoY through strict new loan underwriting practices and a focus on quality customers amid a challenging business environment. Continued …
CIMB Thai posts net profit of THB 1.2946 billion
CIMB Thai Group recorded a consolidated net profit of THB 1.2946 billion, a year-on-year (“YoY”) decrease of THB 74.3 million, or 5.4%, while profit before tax (“PBT”) decreased by THB 117.2 million, or 6.8%, YoY to THB 1.611billion.
The decline was mainly from a 1.7% contraction in operating income and a 7.7% increase in operating expenses, partially offset by a 22.7% decline in expected credit loss (ECL). Continued …
Krungsri reports 2024 earnings of 15.75 billion baht
Krungsri (Bank of Ayudhya PCL and its business units) posted a net profit of 15.75 billion baht for H1 2024, a 7.9% YoY decline due to increased prudential provisions. Operating profit growth was driven by revenue from 2023 ASEAN acquisitions and higher domestic income.
In the first half of 2024, Krungsri’s corporate and SME loans grew by 0.8%, driven by support for businesses’ working capital needs, while retail loans contracted by 3.5%, highlighting strict lending standards amid high borrower debt burdens. Total loans contracted by 1.3%. Continued …
Drought, Flood, And Rice Security In Central Thailand
Rice continues to play a fundamental role in income generation and in ensuring food security for millions of households in Thailand and abroad. As a key global rice supplier, Thailand exported 5.27 million metric tons of rice from January through August 2023 and, due to increased global rice prices and India’s rice export ban, its shipment is projected to reach at least eight million metric tons this year.
The top export markets include Indonesia, Iraq, South Africa, the U.S., and China. Rice exports account for about 16% of Thailand’s total export revenue derived from agricultural-related products. Continued …
SolarEdge Introduces New Products Amid Thailand’s PV Boom
Thailand’s photovoltaic (PV) market is experiencing significant advancement, propelled by several key factors, including the push for electrification, the rise of electric vehicles, ongoing decarbonization efforts, and increasing electricity prices.
This evolving landscape is driving a shift from standalone PV systems to more sophisticated integrated PV storage solutions, which address the challenge of solar energy intermittency and enable more efficient energy management. Continued …
Cashing in On Large-Scale Amateur Events
Restaurants, hotels, golf clubs and local economies around the region are set to cash in on an increase in the number of large-scale amateur tournaments. Such has been the success of Golfasian-organized events in recent years that the demand for additions to the calendar is growing.
Last month, Golfasian staged the Centara World Masters in Hua Hin and the Avani Pattaya 2-Ball. Spanning two weeks, the tournaments featured more than 550 amateur golfers from 20 countries. The impact on the two cities was substantial, with income generated through hundreds of room nights for local hotels, while food and beverage departments were busy organizing nightly parties and gala dinners. Continued …
Tourist safety and infrastructure upgrades urged in Phuket
A leading business organization has called for the improvement of safety measures and infrastructure to maintain the resort island as a prime destination for quality tourism.
Phuket Tourist Assn. President Thaneth Tantipiriyakij said on Friday that members were “somewhat” worried about the deaths of foreigners in Thailand, as they reflected badly on safety in the country. Continued …
New regulations implemented to enhance safety on Pattaya beaches
A meeting was held at City Hall this week to regulate beaches and boat docking in order to enhance water safety in Pattaya. The meeting was chaired by Deputy Mayor Wuthisak Rermkijakarn and attended by officials from the Marine Office, Tourist Police, and City Council members.
Several issues concerning Pattaya Beach were discussed, including the disorganized nature of water sports activities, which sometimes endanger both residents and tourists. The disorderly docking of jet skis and other watercraft was also highlighted as negatively impacting Pattaya’s tourism image. Continued …
Thai AirAsia X suspends Sydney-Bangkok route
Thai AirAsia X announced the suspension of its sole Australian route between Sydney and Bangkok, effective Aug. 1. Despite the temporary halt, the airline assures it remains committed to the Australian market and plans a grand return in December with increased flights and enhanced connectivity.
The decision to suspend services was driven by fleet management and operation hub movement. As part of a strategic shift, Thai AirAsia X will relocate all operations back to Bangkok’s Don Mueang International Airport (DMK) from Oct. 1, moving away from Suvarnabhumi International Airport (BKK). Continued …
Recharge and Reconnect With Thailand’s Tranquil Retreats
When the fast-paced, round-the-clock action in big cities becomes too routine, you can find plenty of wonderful destinations to recharge and reconnect to the qualities that make Thailand so unique.
From Chiang Dao’s rustic charms to Sakhon Nakhon’s cultural heritage and Songkhla’s vibrant mix of history and art, each offers a unique experience that invites you to slow down, savour the local life and immerse yourself in Thailand’s natural bounty and rich traditions. Continued …
Public Health Ministry promotes Thai traditional medicine
The Public Health Ministry has added 18 herbs to the national list of essential medicines, with the ranking based on the total value of drugs dispensed over five years, from 2019 to 2023.
The ministry said it has tasked the Department of Thai Traditional and Alternative Medicine (DTAM) to promote the use of Thai herbs instead of modern medicine to reduce the reliance on imports and promote Thailand’s traditional medical practices. Continued …
Hua Hin to get much larger/Journalist in Samui Threatened/Banks’ Involvement in Myanmar Arms Sales/Thailand and the Olympics/NBTC won’t broadcast Olympics/Thai athletes’ Olympic outfit/Economy: Direct renewable power sales/Digital wallet to aid restaurants/Thais place faith in lucky charms/Rise in new business registrations/Rayong developers reduce launches/Thai Beverage exits real estate sector/Thai oil firm branches out/ADB revises growth forecast/Chinese EV upstarts/Anutin opposes cannabis reclassification/Tourism: Unlimited entry by land/Thai AirAsia X to move to Don Mueang/Bangkok tourism still struggling/Embracing community-based tourism/New Thai-Lao Train Service/Koh Samui benefitting/Thailand Experience: Thailand’s Tasty Hideouts/5 luxury villas in Phuket and Koh Samui/Uncertain future for sea nomads/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
Journalist in Samui Threatened with Violence Over Luxury Villa Report
A Channel 7 journalist in Koh Samui filed a complaint after being threatened by the owner of a luxury villa project. The incident occurred following the journalist’s report on potential irregularities in the construction permits for the villas.
Authorities from the Internal Security Operations Command (ISOC) Division 4 are currently investigating the Samui Green Cottages project, which is located on Chaweng Noi Mountain in Surat Thani province. Continued …
Thai FM Denies Banks’ Involvement in Myanmar Arms Sales
Foreign Minister Maris Sangiampongsa has firmly denied allegations from a United Nations report claiming that Thai-owned banks were involved in arms sales transactions with Myanmar’s government forces.
During a House of Representatives session, Maris rebuffed claims from Tom Andrews, the UN special rapporteur for human rights in Myanmar, who asserted that nearly $130 million in weapon sales had been funneled through unnamed Thai banks to Myanmar’s military, the Tatmadaw. The UN report, titled “The Billion Dollar Death Trade,” accused Thailand of being a key supplier of arms fueling Myanmar’s internal conflict. Continued …
Can Thailand continue its Olympic golden run in Paris?
Thailand has won 35 Olympic medals – 10 gold, 8 silver and 17 bronze – since debuting at the 1952 Helsinki Games. The first medal came 24 years later when boxer Payao Poontarat stepped onto the Olympic podium at the 1976 Montreal Games after winning bronze in the men’s light flyweight.
Boxing has become a symbol of hope for Thai people ever since. Thailand’s boxers continued to shine on the Olympic stage, with Dhawee Umponmaha winning silver at the Los Angeles edition in 1984, Phajol Moolsan punching to bronze four years later in Seoul, and Arkhom Chenglai grabbing another bronze at the 1992 Barcelona Olympics. Continued …
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NBTC votes not to purchase broadcasting rights for Olympics
A meeting of the National Broadcasting and Telecommunications Commission (NBTC) on Wednesday voted unanimously 7:0 not to spend 435 million baht to sponsor the purchase of broadcasting rights for the 2024 Olympic Games and 2024 Paralympic Games.
The motion proposed that the NBTC use resources from its Broadcasting and Telecommunications Research and Development Fund for Public Interest to sponsor the purchase of broadcasting rights for the two sporting events, which will be held in Paris, France from July 26 to Aug. 11, and Aug. 28 to Sept. 8, respectively. Continued …
Thai athletes’ Olympic outfit stirs debate online
The new uniform for Thai athletes attending the Olympic Games 2024 has become a hot potato after some netizens criticized the design as being outdated.
The outfit, modeled by the team’s badminton player, Sapsiree Taerattanachai, is a blue-colored shirt made from Thai indigo-dyed silk. It sparked heated conversations on social media following its premiere, with many netizens criticizing it for its “outdated design”. Continued …
Direct renewable power sales garner support
The state’s move to promote direct power purchase agreements (PPAs) is gathering momentum, with the authorities and business people to jointly conduct a study over a plan to support direct sales of renewable energy from producers to factories in the Eastern Economic Corridor (EEC), says the EEC Office.
Peer-to-peer power trade in the renewables category has not been permitted in Thailand, but the National Energy Policy Council wants to run a direct PPA pilot project to attract foreign investors, especially those in data center and cloud service businesses, who demand a sufficient supply of clean energy for their operations. Continued …
Restaurant group sees digital wallet spurring sales
Central Restaurants Group (CRG) expects the digital wallet handout scheme to help drive its sales growth by 5% in 2024, while the total value of the country’s restaurant market is expected to reach 400 billion baht this year.
Referring to the ruling Pheu Thai Party’s plans to initiate the 10,000-baht digital wallet handout scheme in the fourth quarter, Nath Vongphanich, president of CRG, said the company will await further clarity or guidance regarding this matter. Continued …
Thais place faith in lucky charms amid slow economic growth
Thailand has been witnessing a booming market for goods related to religious beliefs and superstitions since the Covid-19 pandemic, as the country deals with slow growth, with social media platforms prominent in marketing them.
Auramon Supthaweethum, director of the Thai Business Development Department, reported that 12 companies specializing in faith-based products registered between January and March of this year, compared with 33 registrations for the whole of last year and 24 in 2022. Continued …
Department predicts rise in new business registrations
The Department of Business Development (DBD) expects new business registrations for 2024 to reach between 90,000 and 98,000, marking a 5%-15% increase, attributed to the progress of the digital wallet handout policy, measures to attract foreign investment, namely the long-term resident visa scheme and corporate income tax exemption for foreign companies that conduct business here, as well as the use of investment budget following the disbursement of fiscal 2025 budget that began on April 26.
Moreover, the government’s plan to stimulate tourism in the second half of 2024 will drive the tourism sector and related businesses such as hotels, restaurants and logistics firms. Continued …
Rayong developers reduce launches as sales decline
Developers in Rayong are adjusting to a market slowdown by reducing the bulk of newly launched residential supply in the first quarter of 2024, in response to consecutive declines in sales.
Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the Rayong market, predominantly composed of low-rise houses, experienced a decline in sales in the first quarter. Continued …
Thai Beverage exits real estate sector, sells Frasers stake to TCC
Thai Beverage Pcl (ThaiBev) has notified the Singapore Exchange (SGX) that it will sell its entire stake in Frasers Property Limited (Frasers Property) to TCC Assets, a holding company affiliated with ThaiBev.
Under the share swap agreement with TCC Assets, ThaiBev will increase its holdings in Fraser & Neave (F&N), a food and beverage company in Singapore, instead. Continued …
Thai oil firm branches out into healthcare, beauty products
PTT Oil and Retail Business Plc (OR) aims to open 10 shops selling healthcare and beauty products both inside and outside petrol stations to support the company’s plan to grow its non-oil business.
“We want to make sure our customers can conveniently buy our products in many areas at any time,” said Disathat Panyarachun, chief executive of OR, adding that consumers can find such products at both PTT stations and community malls. Continued …
ADB revises growth forecast for Developing Asia upward to 5%
The Asian Development Bank has revised up its growth forecast for developing Asia in 2024 to 5.0%, citing improved tech-related exports in South Korea and Taiwan, and robust domestic demand across the region.
The growth forecast for Southeast Asia remains at 4.6% this year due to strong improvements in domestic and external demand. However, Thailand’s growth forecast of 2.6% indicates that the country’s economy is expected to expand at a moderate pace. This growth rate is lower than that of most other countries in the region, with the notable exception of Singapore. Continued …
Chinese EV upstarts to battle Japanese heavyweights for Thailand’s pickup truck market
In the Thai beach town of Pattaya, travelers disembarking at the Bali Hai pier can hail a taxi or cram into a songthaew, a modified pickup truck. On a recent weekday, a row of shiny white songthaews stood at the pier, part of a pilot launch of Toyota Motor’s new electric vehicle truck that aims to shake up Thailand’s pickup truck market.
A row of Toyota Hilux Revo-e trucks parked in Pattaya
The Hilux Revo-e, a version of the popular workhorse Hilux, is the automaker’s first EV pickup truck. Toyota, which is under pressure from Chinese electric vehicle makers in Thailand, has said it will manufacture the Hilux Revo-e in the country by the end of 2025, and also export the vehicle. Its Japanese rival, Isuzu Motors, also plans to manufacture its electric pickup truck D-Max in Thailand, and begin exports from next year. Continued …
Deputy Prime Minister and Minister of the Interior Anutin Charnvirakul declared his opposition to Prime Minister (PM) Srettha Thavisin‘s policy to reclassify cannabis as a Narcotics Category 5 drug.
The Office of the Narcotics Control Board (ONCB) agreed last week to reclassify cannabis, which has been permitted for health-related purposes for over two years. This new policy is expected to be implemented next year. Continued …
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Thailand’s 60-day visa exemption unleashes unlimited entry by land
Three days into Thailand’s 60-day entry visa exemption, a tourist discovered there are no restrictions on the number of entries by land in a calendar year.
A visa expert reported that the tourist did two free stamp land entries this year, left Thailand, then entered the country again, and got a new 60-day entry with no issues. “The immigration officer said entries are unlimited.” Continued …
Thai AirAsia X to move all flight operations back to Don Mueang Airport
In support of the government’s plan to establish Thailand as a regional aviation hub and to provide better and seamless connectivity to its guests, Thai AirAsia X (XJ) will be relocating all of its flight operations to Don Mueang Airport (DMK) starting Oct. 1.
The relocation follows successful coordination with, and is being facilitated by Airports of Thailand Plc. and the Civil Aviation Authority of Thailand. Thai AirAsia X currently operates from Suvarnabhumi Airport. Continued …
Bangkok tourism still struggling: arrivals rebounding but not business
The Covid-19 emergency is now completely over, but Thai tourism is not taking off again. The authorities continue to show optimism, but the difficulties of a sector that was expected to soften the impact of the crisis are increasingly evident.
The fragility of the sector is intertwined with internal and external constraints: the flaunted numbers are strongly influenced by the parameters used (such as the distinction between tourist arrivals, arrivals in general, and the inclusion or non-inclusion of transits) and contrast with the real economic impact, which has seen the country drop to 40th place in the sector’s international rankings this year. Continued …
Embracing community-based tourism as a way to thrive and survive amid climate change
At 47, Cheunjit “Chuen” Chuaysong stands as one of the last individuals born in Khao Sok National Park, Thailand — a rainforest with biodiversity rivaling the Amazon. She is among the few women wilderness guides in the area who have championed community-based tourism and successfully engaged the next generation in this effort.
Passionate about the natural world and her home, she also highlights the challenges her community faced when Khao Sok took on its status as a national park. The story of Khao Sok is complex, and it challenges assumptions about the role of national parks in conservation and their impact on local lives. Continued …
New Thai-Lao Train Service Debuts Today
Starting today is a new Thai-Lao train service directly linking Bangkok and Vientiane, with this being a project undertaken by the governments of the two countries to better connect rail systems.
This daily rail service is an extension of the Bangkok-Nong Khai route, with the State Railway of Thailand (SRT) having just opened reservations and these can be made up to 180 days in advance. Continued …
Koh Samui benefitting from ‘The White Lotus’ buzz
Koh Samui, the well-known tourist island off the coast of the Gulf of Thailand, is experiencing a significant rise in travel interest, with both international and domestic searches for accommodation spiking on Agoda.
On Wednesday, the digital travel platform reported a 26% increase in international searches and an 8% increase in domestic searches for Koh Samui in June compared to the same period last year. This surge coincides with the excitement surrounding the upcoming third season of the popular HBO series, “The White Lotus”, which is being filmed on the island. Continued …
Revisiting Thailand’s Tasty Hideouts
Well, here I am again, back in Bangkok, sitting on the same old wobbly plastic stool, outside the same old Chinatown food shop, eating the same old oyster omelet. But there’s nothing everyday about this particular dish.
Nai Mong Hoi Thod may look like little more than a white-tiled hole in the wall, with a few tables and a fearsome charcoal wok that sizzles and sparks and roars. But appearances can be deceiving. Michelin has designated the restaurant as Bib Gourmand, and its famous omelet — golden, gooey, and studded with sweet-salty bivalves — is a dish of frazzled majesty. Continued …
Top 5 luxury villas in Phuket and Koh Samui for your next holiday
Ask people to name the most beautiful places in Thailand, and you’ll often hear Phuket and Koh Samui being mentioned. Who would disagree? One is renowned for its bustling nightlife, vibrant culture, and lively beach scene, while the other is famed for its calm waters, lush greenery, and charming rural vibe.
Both are heavens for any holiday goers seeking soft sand and blue oceans for a day of fun in the sun. And what better way to enjoy these beauties than from a luxury villa? That’s why we’ve cherry-picked five luxury villas in Phuket and Koh Samui. Continued …
The uncertain future for Southeast Asia’s great sea nomads
For the past 4,000 years, the Moken people, a Southeast Asian seafaring group, have traveled between Thailand and Myanmar, spending most of their time on boats known as kabang, and relying on the ocean’s bounty for sustenance.
However, the Moken way of life, honed to thrive in harmony with the sea, faces an uncertain future. The present generation may be the last to benefit from the intricate knowledge of tides, constellations and marine life passed down through its oral traditions for centuries. Continued …
Hua Hin to ‘organize’ overhead cables/Hua Hin to tackle blackchin tilapia/Feeding frenzy in Bangkok/Govt to buy alien blackchin tilapia/Dengue infections reach record/African swine fever outbreak/Partnership to boost ‘future food’/Fatal Poisoning Of Six Vietnamese/Killed in collision with wild elephant/Health volunteer wins 6 million baht lottery/Engaged to Thai bride 50 years his junior/Claws out for illegal tiger business/Economy: Economy faces liquidity crisis/New strategies to reduce household debt/Businesses chafe at wage hike/Industrial sentiment at 2-year low/Koh Chang bridge/Impacts on Thai economy and trade/Contemplating nuclear power/Relisting cannabis will cost 27B baht/Is cannabis a viable health option?/Thailand’s Cannabis History and Cultural Evolution/Tourism: TAT focuses on high value, sustainability/Airport wait to be cut to 45 seconds/Thailand Experience: Asia’s 50 Best Bars/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
Reports of an alien invasion in Bangkok sparked frenzied scenes on Monday, as locals armed with nets, rods and other capture equipment descended on the spot in Din Daeng district.
The hunt was triggered after photos showing blackchin tilapia swimming in the Makkasan urban pond under Chaturathit Bridge surfaced online and went viral. Blackchin tilapia are an invasive species prized for their delicious flesh. Continued …
Govt to buy alien blackchin tilapia at 15 baht/kg to make fertilizer
Prime Minister Srettha Thavisin has approved a measure proposed by the Ministry of Agriculture and Cooperatives to buy blackchin tilapia caught in Thai waters at 15 baht per kilogram to make fertilizer, minister Thammanat Prompow said on Tuesday.
The move is expected to encourage the catching of the invasive species with the help of local fishermen and the general public, he added. Continued …
Dengue infections in Thailand reach record 44,387 cases in first six months of 2024
The latest epidemiological surveillance report from Thailand’s Department of Disease Control (DCD) has revealed an alarming surge in dengue fever cases in 2024. As of July 10, the number of reported cases has reached 44,387, representing a 1.06-fold increase from the same period in 2023.
This marks a significant public health concern, as the first six months of 2024 have already surpassed the total number of infections recorded in 2020, which saw 32,585 cases for the entire year. Continued …
African swine fever outbreak reported in Chiang Mai
In a significant and concerning development, Thailand has reported its first outbreak of African swine fever (ASF) for the year, as confirmed by the World Organization for Animal Health (WOAH). This outbreak has occurred in Luang Nuea Village, located in the Doi Saket District of Chiang Mai Province.
The outbreak began on June 5 on a farm that housed 70 pigs. Of these, three pigs fell ill, and one died. To prevent the spread of the disease, 69 pigs were culled. The outbreak was officially reported to the World Animal Health Information System (WAHIS) on July 10. Continued …
New partnership to boost ‘future food’
The Commerce Ministry and private sector are joining forces to develop the future food industry to add value to agricultural products, aiming to introduce a new growth engine to the Thai economy.
Future food refers to innovative food products that are safe to eat, traceable and environmentally friendly, responding to emerging trends concerning good health and well-being. Continued …
5 Questioned All Night Over Fatal Poisoning Of Six Vietnamese At Luxury Hotel
Five people were questioned all night last night over the fatal poisoning of six Vietnamese visitors, two of them American citizens, with one being a friend of a sister of one of the victims.
At 1 am this morning, policemen took the suitcases of the six deceased Vietnamese, totaling eight of them, plus a backpack, shoes and other items from a Grand Hyatt Erawan Hotel room to the second-floor meeting room at Lumpini police station where Police Col. Yingyot Suwanno, superintendent of this station, and his team then immediately started a meeting without the media allowed in to observe. Continued …
Motorcyclist killed in collision with wild elephant in Chachoengsao
A tragic incident occurred when a couple on a motorcycle collided with a wild elephant late at night, resulting in the husband’s death and the wife’s injury. The woman, still in shock, reported having no memory of the event.
Phanom Rescue Radio Center received a distress call yesterday at 11pm about a fatal elephant attack in Ang Rue Nai Forest, in the Ban Ang Sua Dam area, Tha Takiap District, Chachoengsao Province. Rescue teams, along with the village headman, were dispatched to the scene. Continued …
Thai village health volunteer wins 6 million baht in lottery
A village health volunteer from Yasothon has struck it rich by winning the first prize in the lottery, netting a total of 6 million baht. The lucky numbers were chosen from a ticket she had reserved but not yet paid for.
Rungaradee Sriwisat, a 53-year-old resident of Ban Hua Kham, Mueang Yasothon district, revealed her excitement after winning the lottery. She usually buys lottery tickets regularly but has taken a break recently due to never winning. Continued …
Former Irish terrorist engaged to Thai bride 50 years his junior
An infamous Irish terrorist revealed his engagement to a Thai bride half a century younger. Gormy McMullan, a prime suspect in the Loughinisland massacre, announced his upcoming nuptials to Thai national Bannapon Nuch Jathasan on social media, igniting a storm of reactions.
“I have decided she is my main one now,” the 71-year-old murder suspect proudly declared in response to a flurry of congratulatory messages. The pair reportedly met 18 months ago during one of McMullan’s many trips to Thailand and Vietnam. Continued …
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Claws out for illegal tiger business in Thailand
Following the arrest of illegal tiger cubs and ivory traffickers, the director-general of the Department of National Parks, Wildlife, and Plant Conservation ordered a thorough inspection of all tiger farms, with strict actions promised against any illegal activities.
This move is part of the intensifying efforts to clamp down on illegal wildlife trade in Thailand. Continued …
Economy faces liquidity crisis as the property and manufacturing sectors nosedive
There are rising signs that the country’s economic chiefs are finding themselves on a sticky wicket as the property sector and manufacturing continue to head south. In the meantime, access to credit is tightening as the banking sector pulls in its horns.
Previously, both Minister of Finance Pichai Chunhavajira and the new Chairman of the National Economic and Social Development Council (NESDC) made it clear that all is not well. Indeed, analysts are beginning to anticipate that even the lackluster GDP projected growth rate of 2.6% may not be achieved in 2024. In short, Thailand is in the throes of a very tight liquidity crisis. Continued …
PM issues new strategies to reduce household debt
At Monday’s meeting of the economic cabinet, PM Srettha Thavisin outlined strategies to address household debt and restore economic confidence. He proposed the Bank of Thailand reduce the minimum credit card repayment rate and said he was planning discussions with financial institutions to extend housing debt terms and find measures to solve the issue of repossessed vehicles. Acknowledging that debt resolution is complex, he emphasised the need for unconventional measures.
Household debt is a major issue for the Thai economy, currently standing at 13.6 trillion baht, or 90% of GDP, affecting consumer purchasing power and the overall economy. Combined with business debt, especially for SMEs, this issue becomes increasingly difficult to resolve. Continued …
Businesses chafe at wage hike
The Federation of Thai Industries (FTI) in Chiang Mai has insisted hiking the daily minimum wage to 400 baht nationwide is excessive and unsuitable given the current economic conditions.
Chakrin Wangwiwat, chairman of FTI in Chiang Mai, said the private sector has expressed concern the decision to increase the daily minimum wage from May 1-Oct. 1 does not align with economic conditions, particularly for small and medium-sized enterprises (SMEs) with limited financial resources. Continued …
Thai industrial sentiment at 2-year low in June
The Thai industrial sentiment index fell for a third straight month to its lowest in two years in June due to a slow economy, weak demand and bad debt problems, the Federation of Thai Industries (FTI) said today.
The FTI’s industrial sentiment index dropped to 87.2 in June from 88.5 in May. Political uncertainty had dented the confidence of business operators, while smaller firms faced liquidity problems as banks tightened lending, the FTI said. Continued …
Koh Chang bridge ‘likely to cost Bt10 billion’
Building a bridge to connect Trat on the mainland to Koh Chang, the province’s popular island, will likely cost 10 billion baht, according to the Expressway Authority of Thailand (EXAT).
EXAT Gov. Surachet Laophulsuk recently surveyed possible construction locations after the Transport Ministry called for a project feasibility study. Continued …
Impacts on Thai economy and trade inevitable after US election
Thailand has been advised to brace for potential impacts on the economy and trade following the U.S. presidential election in November. Poonpong Naiyanapakorn, director of the Trade Policy and Strategy Office, pointed out that the U.S. international trade policies have significantly affected the global market over the past 7-8 years.
Republican candidate Donald Trump’s America First Policy to protect national benefits and the ongoing trade war with China had led to slowdowns in both the Thai and global economies, he explained. Continued …
Officials contemplating nuclear power
Energy authorities are planning to conduct a feasibility study on small nuclear power plant development in line with the revised power development plan (PDP), which promotes greater use of clean energy to reduce carbon dioxide emissions, says an Energy Ministry official.
This type of nuclear power technology is called “small modular reactor” (SMR), with a capacity of up to 300 megawatts per unit, about one-third of the generating capacity of larger, traditional nuclear power reactors, according to the International Atomic Energy Agency. Continued …
Relisting cannabis ‘will cause 27-billion-baht loss’
The government’s plan to put cannabis back on a list of illegal drugs will cause a 27-billion-baht loss to the local cannabis industry, said Wisan Potprasat, CEO of the Cannabis Medical Industrial Estate Assn. of Thailand.
Wisan, who is also the president of the Community Enterprise Network of Western Herbal Alliances, which is the largest licensed cannabis grower in the country, was commenting on the Public Health Ministry’s committee plan to relist cannabis as a narcotic. Continued …
Is cannabis a viable health option?
Cannabis has been known as a herbal plant with psychoactive effects for thousands of years. The herb has been used for both medical and recreational purposes. Several countries have categorized it as a narcotic drug.
(Editor note: The author claims marijuana is addictive. This is not true. Tobacco smoking is addictive, as is alcohol use.)
Thailand banned marijuana 90 years ago in 1934. Since, however, cannabis addiction is relatively mild compared with other narcotics, dozens of countries started to ease the ban more than a decade ago, allowing for medical cannabis or medical marijuana, while several countries granted a certain level of recreational use, as well. Continued …
Thailand’s Cannabis History and Cultural Evolution
Cannabis in Thailand is a fascinating topic, specifically as the country’s laws continue to change. With recreational use set to be banned by the end of 2024, Thailand is zeroing in on healthcare providers and research applications. Navigating this green maze might seem daunting, but don’t worry – we’ve got you covered.
Cannabis in Thailand has seen significant legal changes recently. In February 2018, medical cannabis became legal, making Thailand the first Asian country to do so. This move aims to improve both the physical and mental health of the patient. The recreational use was briefly decriminalized in 2022, but there has been a recent U-turn on legalization. Continued …
TAT focuses on high value, sustainability
In order to fix the low level of competitiveness of Thai tourism, the industry must shift from a demand-driven to a supply-driven strategy, said the former governor of the Tourism Authority of Thailand (TAT).
The TAT announced its marketing direction for 2025 on Monday with a goal to increase revenue by 7.5% from 2024, securing 39 million foreign arrivals and 205 million domestic trips, revised down from a projected 220 million trips announced last week. Continued …
Airport wait to be cut to 45 seconds
The Immigration Bureau (IB) is set to take measures to ensure immigration control at airports takes no more than 45 seconds per person. The move is part of efforts to support the government’s expanded visa-free scheme for foreign visitors, which took effect on Monday.
The number of immigration officials will also be increased to ease long queues in front of immigration check-in booths at airports during peak passenger hours. Continued …
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Four Bangkok bars in top half of Asia’s 50 Best Bars 2024
Capping off days of guest bartender shifts, spirits brand pop-ups and everything boozy in between was the ninth edition of the Asia’s 50 Best Bars awards, held for the second consecutive year at The Rosewood Hong Kong hotel in Tsim Sha Tsui.
This year, four venues in Bangkok are in the ranking. Continued …
Feedback/Heavy rainfall and storms/Hua Hin warns against damaging public property/Thai military trainingin Hua Hin/Samui sea bridge Challenges of Thai Healthcare/108,000 undocumented workers arrested/Thais at risk due to heavy drinking/’Committed’ to student tablet plan/Thais behaving badly/Foreigners behaving badly/Economy: Registration of digital wallet starts Aug 1/Digital wallet criteria for vendors unclear/Big business expresses concern/Top-earning businesses/Thai economy faces upheaval/Revenue Dept eyes new income sources/Saudi event leads to 100 partnerships/Solar Power at Koh Sichang Hospital/Long road ahead for EV industry/Tourism: The best resorts in Hua Hin/Disputes Claims of Deserted Cha Am/World’s 100 most loved hotels/Thailand’s new visa scheme/700,000 baht taken by fake Thai cops/25 popular Asian destinations/Laotian tourists on trial train/Thailand Experience: Who owns Thap Lan National Park?/Thailand’s Green Star Restaurant Chefs/Three tours recommended/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
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Re: “Navigating Foreign Pension Income Tax for Expatriates in Thailand”
Same stuff we already know but added confusion “Under the new rules, DTAs will continue to protect expatriates by preventing Thailand from taxing pension incomes that have already been taxed abroad” …”However, should there be any discrepancy in tax rates, additional taxes may still be collected in Thailand, although such measures are not yet officially declared and enforced.” Followed by the same warning words that you should hire us to save you. Nothing to see here.” – PB
Expat News: We always think it’s good to hear from different viewpoints on major issues, even though the topic might have been covered before, as it has here several times. Plus, not everyone is as informed as others might be. Repetition in getting the message out is important. Finally, among the best experts on tax matters are tax lawyers, so sharing their information, while it might seem like marketing to some, is a good way to share expert advice.
Heavy rainfall and storms in 57 provinces
Thailand faces severe weather, with heavy rain and thunderstorms across 57 provinces, particularly in the northeast and east regions, with rainfall expected in up to 80% of these areas. The Meteorological Department of Thailand (TMD) forecasts severe weather conditions due to a strong monsoon trough.
In the south (east coast), thunderstorms will occur in 60% of the area, with heavy rain in Phetchaburi, Prachuap Khiri Khan, Chumphon, and Surat Thani. Temperatures will range from 23°C to 25°C to a high of 32°C to 35°C. Continued …
Suchata “Opal” Chuangsri of Bangkok was crowned Miss Universe Thailand in an extravagant final held Sunday night at The Mall Lifestore Bangkapi that kicked off with a grand opening show featuring all 40 contestants. She will go on to represent Thailand in the Miss Universe 2024 pageant to be held in Mexico later this year. (The Nation)
Thai military training taking place in Khao Tao, Hin Lek Fai
The second phase of public hearings on the proposed sea bridge to Koh Samui began on Monday after the initial round decided the abutments should be in tambon Thong Nien in Khanom district of Nakhon Si Thammarat on the mainland and in tambon Taling Ngam on the resort island.
The toll bridge would have two entrances and exits on the mainland, one in Don Sak district in Surat Thani and the other in Khanom. Continued …
Challenges of the Thai Healthcare System
Thailand is recognized for its efficient and successful healthcare model in Southeast Asia. The country is home to numerous public and private medical facilities, making it a global destination for medical tourism.
According to the 2021 Global Security Index Report, Thailand was ranked fifth in the world for having the strongest health security. Thailand received widespread praise for its successful prevention and control of COVID-19 during the peak of the pandemic in 2020. However, Thailand’s universal healthcare coverage (UHC) faces challenges due to an aging population and rising healthcare costs, requiring innovative solutions and radical measures for sustainable funding and efficient use. Continued …
Thailand arrests 108,000 undocumented workers, 80,000 are Myanmar nationals
According to the Thai Ministry of Labor, more than 100,000 foreign workers, including Myanmar nationals, have been arrested within 36 days of the 120-day plan to crack down on illegal workers in Thailand.
The 120-day plan to crack down on illegal workers, spanning from June 5 to July 11, resulted in the arrest of 108,875 undocumented workers in various factories, workplaces, and business sites during the 36-day period. Continued …
10% of Thais at risk due to heavy drinking, study shows
At least 10% of people in Thailand have indulged in heavy drinking over the past 12 months, a recent report released on Monday by the Thai Health Promotion Foundation shows.
According to the study, people in the north are the heaviest drinkers, followed by those in the northeast. Over the last year, 5.73 million people, or 10.05%, were found to have demonstrated signs of alcoholism. Continued …
Government ‘committed’ to student tablet plan
The Education Ministry remains committed to its tablet distribution project despite the budget being cut from 16 billion to 13 billion baht, Siripong Angkasakulkiat, an assistant to the Education Minister, said on Monday.
According to Siripong, Education Minister Permpoon Chidchob is determined to implement the “One District, One Quality School” project to build a pool of educational resources – both physical and technological – among schools in each district. Continued …
Police warn of online scammers disguised as police officers
The Central Investigation Bureau (CIB) on Monday posted photos of suspects of online scamming gangs dressed in police uniforms and contacting the victims via video chat.
The bureau warned that these scammers usually claimed they are police officers either seeking to obtain a statement or to notify charges filed against the victims. Continued …
State officials implicated in bid-rigging scheme for rubber latex firms
The Department of Special Investigation (DSI) uncovered the involvement of state officials in bid-rigging for rubber latex companies in 10 provinces, leading to significant financial losses for the country. The investigation has been forwarded to the National Anti-Corruption Commission (NACC) for further action.
Last year, a group of rubber latex traders submitted a letter to the prime minister, requesting an investigation into alleged preferential treatment given to specific individuals or groups in bidding processes for construction projects in the northeastern region. This alleged misconduct, which took place in 2022, has reportedly cost the country over 100 million baht in lost revenue. Continued …
Thai couple arrested for illegal wildlife trade in Surin province
Police arrested a Thai couple allegedly involved in the illegal wildlife trade, confiscating two tiger cubs, two pairs of Thai elephant tusks, and 26 pieces of African elephant tusks worth millions of baht. Efforts are underway to rescue an additional four tiger cubs.
The suspects, identified as 49-year-old Karit and 48-year-old Manat, were caught with the contraband at a roundabout in Ban Lantae, Theparak subdistrict. Police had been tracking the illegal wildlife trade network for some time, which was known for its long-standing reputation in the area. Continued …
Monk kills mentally ill homeless man with hammer over laptop theft
A monk in Nong Khai killed a mentally ill homeless man with a hammer, suspecting him of attempting to steal his laptop. The incident occurred at Wat Phothisomphon Temple, leaving locals and officials in shock.
Officers from Nong Khai City Police Station yesterday received a report of a fatal assault at Phothisomphon Temple. Arriving at the scene, they found the two-story monk‘s quarters in a dilapidated state. Continued …
Pattaya police urged to take action on Kuwaiti street racers – Continued and video …
5 Foreigners Arrested for Violent Robbery of British Crypto Trader in Bangkok – Continued …
Email link – kenbrown@businessclassasia.com
Registration of 10,000-baht digital wallet starts Aug 1
In a bid to rejuvenate the Thai economy, Prime Minister Srettha Thavisin has announced that registration for a 10,000-baht digital wallet scheme will open on Aug. 1. This initiative, designed to boost local spending and aid economic recovery, is marked by strategic planning and significant budget adjustments.
During a recent announcement, Thavisin stated that the program aims to distribute financial aid directly to the citizens, ensuring swift and substantial economic stimulus. Continued …
Digital wallet criteria for vendors unclear
The digital wallet handout scheme will boost the economy, but the eligibility criteria for vendors remain unclear, according to Loxley Trading Co., the consumer goods distribution arm of trading conglomerate Loxley Plc.
Ouychai Rangchaikul, chief executive of Loxley Trading, said despite massive marketing budgets allocated for sales during this period, the returns anticipated might not be realized due to the country’s stagnant economy. Continued …
Big business expresses concern at economic slowdown
The Thai economy is experiencing a continuous slowdown, with the World Bank recently revising its 2024 economic growth forecast for Thailand down to 2.4%.
The economic slowdown has clearly affected entrepreneurs, especially SMEs. And now concerns about the business sector are extending to big corporations. Continued …
Top-earning business sectors revealed
The Department of Business Development has revealed the top 10 types of businesses with the highest level of income in 2023.
The list has been generated by analysis of the financial statements of companies operating in battery manufacturing and electric vehicle (EV) equipment, tourism, electrical appliances, pets and animal care, event organizing, e-commerce, cosmetics, health, toys, and spiritual beliefs. Continued …
Thai economy faces upheaval due to factory closures and cheap Chinese imports
When Chinese electric vehicle maker BYD opened its first Southeast Asian factory in Thailand earlier this month, the nation of 66 million people basked in the limelight and won praise for its industrial vision.
What, however, received less attention was an announcement by another big automobile manufacturer, Suzuki Motor, just a few weeks earlier that it will shutter a Thai factory that produced as many as 60,000 cars a year. Continued …
Revenue Dept eyes new income sources amid economic challenges
The Revenue Department is making a concerted effort to bring more entrepreneurs into the tax payment system in a bid to boost revenue in the 2024 fiscal year.
Kulaya Tantitemit, the department’s director-general, said on Monday that notices had been sent to some 100,000 entrepreneurs with irregular financial activities, but only half have responded. Continued …
Saudi event leads to 100 partnerships
The latest investment roadshow in Saudi Arabia has led to new opportunities, as up to 100 pairs of Thai and Saudi entrepreneurs agreed to forge business partnerships, says the Board of Investment (BoI).
The business matching was made during a Saudi-Thai investment forum, held as part of a three-day roadshow which ended yesterday. Continued …
Thaioil Expands Solar Power at Koh Sichang Hospital
Thaioil has continued with a solar cell power-generation system installation (Phase 2), providing a capacity of 52.70 kilowatts for Koh Si Chang Hospital, Koh Sichang District, Chon Buri province.
This aims to reduce electricity burdens and build up power stability, supporting the hospital’s medical services expansion and enhancing residents’ quality of life on Koh Sichang. Continued …
Long road ahead for EV industry
The ongoing price wars and uncertainty surrounding insurance coverage for electric vehicles serve as reminders that Thailand’s EV industry is still in a transitional stage. However, these challenges should not deter the nation from its path toward an electric future.
It is widely accepted that the future of automobiles is electric. Industry giants, including Goldman Sachs, predict that EVs could make up nearly half of global car sales by 2035. Continued …
The best resorts in Hua Hin for any kind of getaway
Whether a three-day weekend or a work-from-anywhere occasion, stay at these resorts in Hua Hin for the perfect peaceful hideaway.
Hua Hin is always a top destination for a long or short holiday. Not only international tourists, but locals have long enjoyed this seaside escape for several decades. To make the experience even more unforgettable, stay at one of these five-star hotels that suit any kind of getaway. Continued …
And there’s also …
Government Disputes Claims of Deserted Cha Am and other Tourist Spots
Government Spokesperson Chai Wacharonke has refuted recent claims about deserted tourist spots in Thailand, specifically Cha Am Beach and Amphawa Floating Market.
Reports circulating on social media suggested a decline in visitors to these attractions, supported by a viral video depicting an empty Cha Am Beach on a Sunday and assertions of low footfall at Amphawa Floating Market amid economic challenges. Continued …
Thailand surpasses Vietnam, Cambodia in world’s 100 most loved hotels ranking
Thailand has five representatives, while Cambodia and Vietnam have two each, in a list of the 100 most loved hotels in the world, as voted by readers of American magazine Travel+Leisure.
In Thailand, Hyatt Regency Koh Samui ranked 40th, followed by Mandarin Oriental (Bangkok) at 44th, Capella Bangkok at 48th, Four Seasons Hotel Bangkok at Chao Phraya River at 64th, and The Standard at Hua Hin at 81st. Continued …
Thailand’s new visa scheme explained
Thailand has introduced a raft of new visa regulations, including the number of countries eligible for visa-free entry has risen from 57 to 93, and the entry stamp has changed from 30 to 60 days (effective immediately).
The number of countries eligible for visa-on-arrival has risen from 19 to 31 (effective immediately). Continued …
700,000 baht taken from Chinese tourists by fake Thai cops
A Thai travel agency took to social media to seek justice after a group of alleged police officers extorted 700,000 baht from Chinese tourists on a motorway heading to Pattaya.
The Thai woman, who claimed to be a representative of a travel agency, shared a dashcam video in which a group of men, claiming to be police officers, asked the car carrying the Chinese tourists to stop on the motorway at about 7.29pm on July 10. Continued …
Wat Pho ranks among TripAdvisor’s 25 popular Asian destinations
Bangkok’s Wat Phra Chetuphon, also known as Wat Pho, was recently named among this year’s 25 popular destinations in Asia by U.S.-based online travel agency TripAdvisor.
The “Temple of the Reclining Buddha” has been named among Asian destinations since 2020, and it was ranked ninth this year. Meanwhile, Wat Arun (Temple of Dawn), a big Buddha statue in Phuket province, and the Grand Palace were named 11th, 13th and 25th, respectively. Continued …
TAT welcomes Laotian tourists on a trial train from Vientiane to Bangkok
The Tourism Authority of Thailand (TAT) and the State Railway of Thailand (SRT) have launched a new train service connecting Vientiane and Bangkok. This initiative aims to boost cross-border tourism and strengthen economic cooperation between Thailand and Lao PDR.
On the train’s inaugural trial trip, Laotian passengers on SRT’s Rapid No. 134 were greeted with fresh floral garlands at Bangkok’s Krung Thep Aphiwat Central Station, symbolizing traditional Thai hospitality. Continued …
Battle for paradise: Who owns Thap Lan National Park?
The dispute over Thap Lan National Park shows no sign of ending as opposition mounts against plans to drastically reduce the park’s size, fearing it will benefit developers over long-time residents.
The environmentalist Seub Nakhasathien Foundation has vowed action against the Department of National Parks, Wildlife and Plant Conservation (DNP) if it continues with plans to slash about one-fifth of the national park’s area. Continued …
Sustainability Tips from Thailand’s Green Star Restaurant Chefs
You can travel to plenty of top-notch restaurants for gastronomic pleasure. However, only a handful shine in terms of sustainability. In a world where everyone feels the heat of the climate crisis, we invite you to become a green hero.
These chefs from MICHELIN Green Star restaurants in Thailand will inspire you with their sustainability practices and share tips on how to make your everyday life greener. Continued …
The three tours recommended by the Tourism Authority of Thailand
The Tourism Authority of Thailand (TAT), the nation’s leader in tourism operations, recommends three tours for travelers who want to truly experience Thailand’s beauty.
TAT hopes to grow Thailand’s tourism ecosystem by providing trustworthy resources, information and data for prospective travel ers to guide their activities and preparation. While Thailand has an innumerable amount of things to do and places to see, TAT is well versed in what experiences are the best for tourists seeking to enjoy their time in Thailand. Continued …
Navigating Foreign Pension Income Tax/Illegal foreign workers arrested in Hua Hin/Royal Hua Hin Golf Course celebrates/Three arrested for stealing ‘sacred stones’/Thailand braces for heavy rainfall/224 Euro 2024 gambling sites/New Bangkok-Vientiane rail service starts/Buriram Couple Die 2 Hours Apart/Foreigners behaving badly/Economy: Disbursal of budget/Banking on trio of sectors/Thailand’s Special Economic Zones/New hydropower dam in Laos/Zeekr to launch EV range/Critics slam approach to cannabis/Tourism: List of 93 visa-free countries/Outstanding questions remain/Cha Am busy with tourists/17.5 million foreign tourists/Pai tubing too hot to handle/Alcoholic beverages in tourist trains/Duo who assaulted Phuket officer/Luxury resort faces demolition/Boat capsizes off Phi Phi island/Speedboat rescues 12 tourists/Laos shopkeepers not accepting baht/South Korean tourist arrivals/Thailand Experience: Thai Island For The Food Lover/International news/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
Navigating Foreign Pension Income Tax for Expatriates in Thailand
After receiving numerous inquiries about personal tax management from foreigners residing across Thailand, I am revisiting this topic to explain the implications of foreign pension income in light of new regulations.
This report provides an in-depth look at how P.O. 161-162/2567 affects foreign pension income in Thailand, equipping expatriates with the knowledge to navigate this new regulatory environment effectively. Continued …
Illegal foreign workers arrested at Hua Hin Night Market
Thailand braces for heavy rainfall and flash floods this week
Thailand faces heavy to very heavy rainfall from today to July 18, which may cause flash floods and forest runoff, especially in Bangkok. The Thai Meteorological Department (TMD) has issued a warning for the entire country.
The department, led by Gorravee Sitthichivapak, announced that from today to July 18, a strong monsoon trough will pass through the northern and northeastern regions of Thailand, merging with a low-pressure system over the central South China Sea. Continued …
Police shut down 224 Euro 2024 gambling sites
Police have shut down over 200 websites involved in Euro 2024 football-related gambling, with 2.4 billion baht in circulation, according to the police. Police released the information following a crackdown on both online and offline gambling activities as the Euro 2024 football matches concluded yesterday.
The operation, which began on June 14 — the same day the Euro 2024 finals commenced — ended on July 11. Assistant National Police Chief Akradet Pimolsri revealed that a special task force was formed on June 14 specifically to tackle football betting cases. This task force successfully apprehended 3,863 individuals suspected of gambling-related offenses. Continued …
New Bangkok-Vientiane rail service starts Friday with tickets from 281 baht
A test run for the new cross-border rail link between Bangkok and Vientiane took place yesterday, paving the way for the official passenger service set to start this Friday.
Bookings for the rail service have been open since July 10, with the first scheduled commercial trip departing this Friday. The train will leave Krung Thep Aphiwat Central Terminal Station in Bangkok at 9.25pm and is expected to arrive at Vientiane station at 9.05am the following day. Continued …
Buriram Couple Married 70 Years Die 2 Hours Apart
A couple from Buriram province, who had been in love for 70 years, passed away on the same day, just two hours apart. Family members, while saddened, believe that the couple is now together.
The funeral ceremony for Mr. and Mrs. Kleerim was held at Ban Trat Truan, Village No. 4, Chumhet subdistrict, Mueang Buriram District, Buriram Province, on Saturday. The family placed their coffins side by side, with many villagers who heard the news attending the ceremony. Continued …
Chinese Tik Tik star believed to have been murdered by another Chinese tourist – Continued …
5 Foreigners Arrested for Violent Robbery of British Crypto Trader in Bangkok – Continued …
Pattaya Locals Warn of Foreign Scam Gang Allegedly Preying on Tourists – Continued …
Freeloading Russian enrages local food vendor – Continued …
Disbursal of budget revving up
A total of 3.48 trillion baht from the 2024 fiscal budget was finally disbursed in this year’s second quarter, after delays that began on Oct. 1 last year due to political setbacks following the general election held in May 2023.
Amid stagnant economic growth, public expenditure has been regarded as the key factor to help revive subdued private spending and consumption in the country. Continued …
Revenue Department banking on trio of sectors
Energy businesses, financial institutions and tourism will remain the main revenue generators for the Revenue Department, capable of contributing significantly to tax revenues this year, says the department’s chief.
Kulaya Tantitemit, director-general of the department, said these three sectors are performing well and can pay high taxes to the department during the first nine months of fiscal 2024 (October 2023 to June 2024). Continued …
Thailand’s Special Economic Zones (SEZs) contribute to growth and attract investment
The Thai government has made significant strides in developing special border economic zones (SEZs) across 10 regions, including Tak, Sa Kaeo, Mukdahan, and Songkhla, to stimulate economic growth and attract private investment.
Launched in 2015, the zones have seen substantial infrastructure improvements and investment incentives. Since 2021, under the Prime Minister’s Office, these zones have drawn investments totaling 51.654 billion baht. With 84 Board of Investment projects worth 25.840 billion baht initiated, sectors like automotive and healthcare are flourishing. Continued …
New hydropower dam in Laos could lead to ‘economic losses’
Conservationists and people of the Mekong Basin are petitioning the Thai government not to sign a contract to buy electricity from the Pak Beng Hydropower Dam in Laos, fearing economic and territorial losses.
The signatures were contained in an open letter addressed to Prime Minister Srettha Thavisin and Energy Minister Pirapan Salirathavibhaga. Continued …
Email link – kenbrown@businessclassasia.com
Zeekr to launch EV range amid sales dip
Domestic premium car sales plunged by 30% year-on-year during the first half amid the economic slowdown and intensifying competition, fueled by more Chinese electric vehicles entering the Asian market as a result of the impact of the U.S.-China trade war, says Zeekr Intelligent Technology, a Chinese EV maker under the Zeekr brand.
The company, owned by Geely Automobile Holding, raised the concern as it plans to market its Zeekr X compact electric sports utility vehicles, targeting motorists in the luxury car segment. Continued …
Critics slam government’s approach to cannabis
Critics have slammed the government’s plan to reclassify cannabis as a narcotic, arguing it will harm businesses involved in cannabis-based products and undermine investor confidence in the country.
A health committee responsible for controlling illegal drugs voted by majority on July 5 to reclassify cannabis and hemp as narcotics, effective from Jan. 1, 2025, as confirmed by Surachoke Tangwiwat, deputy permanent secretary for public health. Continued …
List of 93 destinations enjoying Thailand’s visa relaxations
Thailand has released a list of 93 countries and territories whose citizens can enter Thailand without a visa or obtain a visa on arrival and can stay for up to 60 days from July 15.
The 57 destinations who were already enjoying a visa waiver and can now get a 60-day stamp on arrival are: Continued …
Outstanding questions remain about new visa rules for Thailand
The interior minister has now signed off on the latest immigration rules, which will permit citizens of 93 countries to obtain a visa-exempt 60 days on entering Thailand by land, air and sea. This includes all the countries that provide significant tourist numbers, including the traditional markets of UK, mainland Europe, the USA and Australia.
The formal introduction date is today, but reports from newly arrived visitors suggest the doubling of 30 days to 60 is already in place. Continued …
17.5 million foreign tourists visit Thailand in 6 months
According to the statistics of Thailand’s Ministry of Tourism and Sports on international visitors during the first six months of 2024 (from Jan. 1 to June 30), Thailand welcomed 17,501,283 foreign visitors. It could generate from their expenditure of approximately 825 billion baht (US$22.5 billion).
The top nationals traveling to Thailand were from China, Malaysia, India, South Korea, and Russia, respectively. The final week of June alone, when the Pride Month 2024 events were held in various areas of the country, attracted 659,830 foreign tourists, an increase from the previous week, with only 19,083 persons. Continued …
Pai tubing too hot to handle with drunk tourists, resort says
A resort operator in Mae Hong Son province’s Pai district says operators of popular tubing activities have violated the rules by selling alcohol to Western tourists who got drunk day and night.
The operator, who requested anonymity, said a drunk Western couple recently sneaked into the resort’s compound to have sex even though they were not staying at the resort. Continued …
Government to allow sale of alcoholic beverages in tourist trains
The Transport Ministry has come up with a plan to allow sales of alcoholic beverages in trains in a bid to stimulate tourism, starting with tourist trains. Sale of alcoholic beverages had been barred at train stations and in passenger cars since 2015.
Deputy Transport Minister Surapong Piyachote said on Sunday that the amendment aimed to offer new train travel experiences to tourists. Allowing alcohol sales in tourist trains would help meet the demand of travelers, he added. Continued …
Duo who assaulted Phuket officer back in New Zealand
Two brothers from New Zealand who were facing multiple charges after an assault on a police officer in Phuket are back home after spending nearly four months in detention in Thailand.
Hamish and Mattson Day were on holiday in Phuket when they were arrested on March 16 and charged with assaulting a police officer, robbery, obstruction of police duty, driving without a licence and bribery. Continued …
Luxury resort project on Samui faces demolition
Authorities suspended a Chinese-owned luxury resort project on Koh Samui after finding out the property was not being built according to its permit and was taller than the law allowed.
Police Maj. Gen. Watcharin Poosit, commander of the Natural Resources and Environmental Crime Suppression Division (NED), said on Sunday that officers of the Central Investigation Bureau (CIB) and Koh Samui municipality raided the site of the “Anzhu Seamate” project in tambon Maret in Surat Thani’s Koh Samui district on Saturday. Continued …
Boat capsizes in storm off Thailand’s Phi Phi island, Chinese tourists rescued
Two Chinese tourists and a Thai were safely rescued after their boat driven by the Thai man capsized in a rainstorm and hit waves in Ao Nang bay in Muang district on Sunday morning.
The incident happened near Phi Phi Le island in tambon Ao Nang at about 11am when people on a speedboat belonging to Narayana Marine Co. were able to rescue a Chinese man, a Chinese girl and a Thai boat driver. Continued …
Speedboat rescues 12 tourists from sinking boat near Pattaya
A dramatic rescue unfolded between Koh Larn and Pattaya City after the passenger boat Tara Jade experienced a sewage pump failure, causing it to take on water. The boat was carrying 12 Thai passengers — five men and seven women — when the incident occurred.
Speedboat operators quickly responded to the emergency, with Ed Chankrajai, the driver of the speedboat Yodtong, leading the rescue. As seawater poured into the stern of Tara Jade, Ed instructed everyone to put on life jackets. The tourists were swiftly moved to the speedboat, which transported them back to shore at Bali Hai Pier in South Pattaya. Continued …
Laos shopkeepers not accepting Thai baht
Attracting a lot of attention in Thailand is Laos’ #SaveLaoKip campaign to protect their currency, with Laotian shopkeepers no longer accepting both Thai baht and other foreign currencies but, if necessary, they will give the foreigners a lower rate than that officially set.
Many shops in Laos have kicked off this campaign to only trade in their currency kip and not accept Thai baht. An example is one shop announcing that they will not accept any foreign currencies, with those coming in with Thai currency only getting 30,000 kip for 100 baht. However the official rate for 100 baht is 61,318 kip. Continued …
South Korean tourist arrivals expected to reach 1.94 million this year
The Tourism Authority of Thailand (TAT) is upbeat that South Korean tourist arrivals this year will reach a record 1.94 million, higher than the pre-Covid 1.88 million.
Pattanapong Pongthongcharoen, director of the TAT office in Seoul, said that the negative sentiment among Thai tourists, who have boycotted South Korea, had not affected the desire of South Korean tourists to visit Thailand. Continued …
Koh Kood: The Thai Island For The Food Lover
When I dream of Thailand, I think of an isolated white beach with crystalline water and lush palm trees dripping with coconuts. That is also what Alex Garland’s novel “The Beach” famously captured, the quest for the most legendary beach, untouched by mass tourism, a plunge into authentic Thai life that surrounds it.
“You fish, swim, eat, laze around, and everyone’s so friendly. It’s such simple stuff, but… If I could stop the world and restart life, put the clock back, I think I’d restart it like this. For everyone,” he wrote about Thailand. Continued …
Trump survives assassination attempt
Former U.S. president Donald Trump was shot at a rally in Pennsylvania on Saturday in an incident described as an assassination attempt. Trump was hit in the ear by either a bullet or glass shrapnel and treated at a local medical facility. Continued …
Japan fights growing scourge of customer harassment
Japan, known for its exacting service standards, is now taking a stronger stance against a growing scourge of customer harassment to protect its legions of service workers from abuse. Continued …
Win a trip to Thailand – and Hua Hin/’Dementia Cafe’ opens in Hua Hin/Shooter surrenders after killing Cha Am vendor/Pattaya Residents Don’t Like ‘Sin City’ Reports/Heavy rain inundates Pattaya/Salary reductions at Nation Group/Thai sex workers arrested in Malaysia/Yala ramps up security/Economy: Ministry Pushes 99-Year Leases/Real estate stimulus efforts/Doubts cast on bank’s GDP forecasts/Consumer confidence slips again/Disappointed by new power plan/Srettha grilled over digital wallet/Nudged toward medical devices/Giving ‘petconomy’ a big boost/UN Praises Thailand’s Progress/Thai Companies Pull Out of Myanmar/Tourism: TikTok contest to promote PKK tourism/Aspirations to become medical hub/Phuket picked for conference/Thailand’s Green Tourism Revolution/Thailand Experience: IUCN-led initiative wins Ocean Award/Top 10 nightclubs in Bangkok/International news/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
US lovers of Thai food could win a trip to Thailand – and Hua Hin
The Thai Trade Center in New York recently announced a campaign, inviting people in the U.S. to share their love of Thai cuisine on social media for a chance of winning a trip to Thailand, worth up to US$5,000.
The campaign, called “Love Thai Food, Eat Thai Rice,” aims to promote Thai Hom Mali Rice in the U.S. market through the social media handle @EatThaiRice. The prize package includes a trip for two to Thailand, with an airfare credit of US$2,000, a 2-night stay and dinner for two. The winner will also be get a round trip to Hua Hin, including a 2-night stay and a Thai dinner for two. Continued …
‘Dementia Cafe’ opens in Hua Hin
Hua Hin municipality has officially launched the “Dementia Cafe” project, designed to support individuals with dementia and their families.
The project aims to strengthen relationships between dementia sufferers and their families through engaging activities in a coffee shop setting. Held from July 8-10 at Baan Talay Dao Resort, the initial training session included 29 elderly participants and various officials. Assistant Professor Dr. Natthaphat Sarobol from Thammasat University’s Faculty of Social Work served as the resource person. Continued …
Shooter surrenders after killing Cha Am vendor in dispute over 200 baht
A man surrendered to police early today after allegedly shooting a seafood vendor in a dispute over 200 baht borrowed from the victim.
Thawatchai Chiamdee, 24, known as Phai, was shot dead in his pickup truck on a road in Ban Hub Kapong Soi 3, Moo 8, Khao Yai subdistrict, on the evening of July 11. Continued …
Pattaya Residents Unite to Defend Dignity Against ‘Sin City’ Media Reports
In the wake of media reports labeling Pattaya as a “Sinful City, Paradise for Prostitutes,” local business leaders and community representatives have come together to defend the city’s image and appeal for a balanced portrayal.
The negative depiction has sparked significant backlash from the local community, concerned about the impact on Pattaya’s tourism and reputation. Yesterday, at the entrance of Pattaya’s renowned Walking Street (Oh, the irony!), a gathering organized by key figures in the local tourism sector voiced their concerns. Continued …
Few hours of heavy rain inundates Pattaya
Several roads in the popular seaside town of Pattaya were under nearly two meters of water after the town was hit with more than an hour of torrential rain on Thursday morning.
Traffic in the town, about 147 kilometers southeast of Bangkok, came to a stop as most cars could not make their way through the high waters. Several small cars had nearly disappeared in the flood. Continued …
Salary reduction affects only 10% of staff, Nation Group clarifies
Nation Group has clarified that the recently announced partial salary suspension impacts only 10% of staff, and mostly affected the management team.
Reacting to recent news on various platforms, the company called them “distorted messages presenting partial truths, causing widespread public misunderstanding and online criticism, leading to damage to the organization’s reputation”. Continued …
64 Thai sex workers arrested in Malaysia
Malaysian immigration authorities have rounded up 88 foreigners, including 64 Thais, in a crackdown on sex activities at three locations in Ipoh city. The crackdown took place at a hotel and two entertainment outlets suspected of offering sex services on Tuesday and Wednesday.
Perak Immigration Department Director Meor Hexbullah Meor Abd Malik said the detainees comprised 78 women and 10 men, aged between 21 and 46. Of the detained, 64 were Thai nationals, while the others were 13 Vietnamese, four Nepalis, three Indians, three Bangladeshis and one Sri Lankan. Continued …
Yala ramps up security amid insurgent threat
Security measures have been intensified in Yala as police respond to intelligence reports about insurgent movements, prompting an increase in patrols and checkpoints to ensure safety, particularly in urban areas, to reassure both residents and tourists.
The district chief of Betong, Amorn Chumchuay, directed relevant agencies to integrate their forces and enhance security protocols throughout the district. Rapid response teams are now patrolling the outskirts and border areas, while strategic checkpoints have been established. Continued …
Finance Ministry Pushes 99-Year Leases for Foreigners
Deputy Prime Minister and Finance Minister Pichai Chunhavajira confirmed the government is moving forward with a project to allow foreigners to lease condominiums for 99 years, aiming to stimulate the real estate sector, which has over 200,000 unsold units.
Pichai on Wedensday gave a keynote speech and special discussion on the topic “Developing Sustainable Real Estate.” He acknowledged that the real estate business is currently facing issues with over 200,000 unsold condominium units. People are unable to purchase due to increasing household debt, a matter the Ministry of Finance and the government must urgently address to prevent further impact on Thailand’s overall economy. Continued …
Ministry suggests real estate stimulus efforts have generated Bt65 billion
The government’s real estate stimulus measures have already injected about 65 billion baht into the economy, according to the Finance Ministry.
Deputy Finance Minister Paopoom Rojanasakul said the government’s real estate stimulus measures, which were introduced in early April, will expire at the end of this year. Continued …
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Doubts cast on central bank’s GDP forecasts
Thailand’s GDP growth is unlikely to increase in the second half of this year as anticipated by the central bank, according to the newly appointed chairman of the National Economic and Social Development Council (NESDC), the state planning agency.
Speaking after a seminar held on Thursday entitled “Surfing a Sea of Opportunities Amid Geopolitical Tides”, hosted by Kiatnakin Phatra Financial Group (KKP), Supavud Saicheua, chairman of the NESDC and an adviser to KKP, said the tightening monetary policy of the Bank of Thailand’s (BoT) Monetary Policy Committee (MPC) has impacted access to loans for individuals and small and medium-sized enterprises (SMEs), as well as increasing financial costs for borrowers. Continued …
Consumer confidence slips again in June
Thai consumer confidence dropped for a fourth straight month in June, falling to its lowest level since October last year on concerns over a global slowdown and political uncertainty, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).
Thanavath Phonvichai, president of UTCC, said the consumer confidence index dipped to 58.9 in June, from 60.5 in May. Consumers were increasingly worried about a global economic slowdown, rising energy prices, and a prolonged conflict in the Middle East. Continued …
FTI disappointed by new power plan
The state plan to reduce biomass and biogas fuels in the new power development plan (PDP) has disappointed the Federation of Thai Industries (FTI), which wants the authorities to maintain or increase their proportion to make better use of agricultural waste.
Though the PDP, scheduled to be enforced from 2024 to 2037, promotes greater use of renewable power, the plan emphasizes solar energy, with less focus on biomass and biogas contributions. Continued …
Srettha grilled over digital wallet changes
The digital wallet handout scheme sparked a fierce debate in parliament on Thursday, with Prime Minister Srettha Thavisin facing off against the opposition for the first time to defend the government’s flagship policy.
Sirikanya Tansakul, deputy leader of the main opposition Move Forward Party, grilled the prime minister over the digital wallet program and the government’s handling of the economy. Continued …
Auto parts makers nudged toward medical devices
The Federation of Thai Industries (FTI) expects to submit a plan this month to the government to support the local medical device business as part of efforts to help auto parts manufacturers diversify into this field.
The industry shift can help auto parts makers familiar with internal combustion engines that need to adjust their business as the auto industry transitions to electric vehicle (EV) technology. Continued …
Singles and LGBTQ+ community give ‘petconomy’ a big boost
A section of singles and LGBTQ+ are known for having high purchasing power. Single individuals having good incomes, also known as SINKs (single income, no kids), often spend on personal enjoyment such as food and travel.
Single women aged 30 and above, or PANKs (professional aunt, no kids), have stable careers and do not want children. These individuals tend to care for their nieces and nephews, family, and pets, or even raise pets as if they were their children. Continued …
UN Praises Thailand’s Progress on Sustainable Goals
The United Nations (UN) has praised Thailand for its success in achieving the Sufficiency Economy Philosophy (SEP) for Sustainable Development Goals (SDGs), according to Interior Ministry Permanent Secretary Suttipong Juljarern.
Suttipong recently mentioned this success, as well as the success in his Change for Good policy, on the second anniversary of Thailand’s agreement with the UN in 2022 to pursue the SDGs. He said the UN praised Thailand as a model for the world because the country has made real progress in the pursuit since the agreement was made. Continued …
Myanmar Conflict Escalates, Thai Companies Pull Out
The ongoing conflict in Myanmar between the military government and opposition forces shows no sign of abating. Fighting continues in several areas and has prompted Thai companies to pull out and divest 7 billion dollars.
In the past, Thai investors ranked third in investment promotion applications with a total value of 11.6 billion dollars, or 12.47%, in 155 approved projects. Currently, Thai investment in Myanmar ranks fifth with a value of 4.45 billion dollars, with 105 projects underway. This represents a loss of 50 projects and an investment value of 7.1 billion dollars. Continued …
TikTok contest aims to promote tourism in Prachuap Khiri Khan
The Provincial Administration of Prachuap Khiri Khan (PAO) has launched a new project aimed at promoting tourism in the region through a contest on TikTok. The announcement was made at Market Village Hua Hin during a press conference chaired by Sarawut Limaroonrak, president of the PAO.
The contest, open to the general public of all ages, invites both team and individual entries. Participants are encouraged to submit TikTok videos under the theme “Travel in Prachuap, Heal the Heart, Make the Heart Bloom.” Continued …
Thailand promotes aspirations to become medical hub
Experts attending the International Healthcare Week in Bangkok say the Thai healthcare industry has the potential to penetrate the global market but needs government support if the country is to realize its aspirations to become a medical hub in ASEAN.
The event, which concludes today at the Queen Sirikit National Convention Center, is expected to attract over 10,000 attendees from 50 countries worldwide, drawing in 350 leading global companies. Continued …
Phuket picked to host 2025 InterPride World Conference
Phuket has been chosen to represent Thailand in a bid to compete for the opportunity to host the 2025 InterPride World Conference.
The island province beat the other two cities, Chiang Mai and Khon Kaen, which also vied for the chance, during a meeting called “Town Hall: Nationwide Pride Episode 2”. Continued …
Thailand’s Green Tourism Revolution
Socialgiver has joined forces with the Tourism Authority of Thailand’s Stockholm office, aiming to reshape the tourism landscape in the Nordic and Baltic regions through the Meaningful Travel campaign. This innovative partnership seeks to promote responsible tourism by integrating sustainable practices into the heart of Thailand’s tourism industry.
The campaign is a call to action for Thai businesses, from luxe hotels to quaint restaurants and exhilarating activity providers, urging them to contribute to the preservation of Thailand’s verdant landscapes, with a special focus on the protection of its iconic big trees. A notable part of the campaign’s proceeds will bolster the efforts of the Big Trees Foundation, a pivotal organization dedicated to the conservation of Thailand’s natural heritage. Continued …
Email link – kenbrown@businessclassasia.com
IUCN-led initiative in Thailand wins the Ocean Award 2024
The Mirpuri Foundation and IUCN (International Union for Conservation of Nature) have announced the winner of the Ocean Award 2024. This year’s prize marks a significant collaboration between the two organizations, emphasizing their combined effort to address pressing environmental challenges and paving the way for a more sustainable future.
The award recognizes excellence in the scientific community and rewards innovative projects with a positive impact on ocean health. This year, the award goes to an IUCN-led initiative titled “Strengthening Community Engagement and Improvement of Community-based Waste Management at Baan Koh Mook, Koh Libong Subdistrict, Thailand.” Continued …
Top 10 nightclubs in Bangkok
Bangkok’s nightlife is undeniably one of the city’s most appealing features. The city never sleeps and thus, does not lack when it comes to nightclubs, with DJ-driven clubs around every corner.
There’s something to be said about how diversified Bangkok’s nightlife experience has become, which now includes underground warehouses, cocktail bars and venues of all kind. Continued …
China is building two-thirds of new wind and solar globally
Almost two-thirds of big wind and solar plants under construction globally are in China, where surging renewable capacity has squeezed coal’s generation share to new lows, research released on Thursday showed. Continued …
Thailand top 10 for low expat living costs/Dream Retirement in Hua Hin Marred/Macaques becoming a problem/WTA event moves from Hua Hin/Cha Am-Phetchaburi Food Festival/Squid and Seafood Festival/Heavy rains and flash flood warnings/Plans for national food bank/Samut Sakhon fights to save ecosystem/Redevelopment of northern Thai oilfield/Thai girls claim sexual assault/Tunnel expressway planned in Bangkok/Python Makes Home in ATM/Foreigners behaving badly/Economy: Cash handouts: Boon or bane/Budget for digital wallet reduced/Handout can’t be used for appliances/Corporate earnings improving/To help original industries compete/Thailand’s economic outlook Q3/Ingram Micro bullish on Thailand/EV makers to look for export markets/New EV hub in Rayong/Sena zeroes in on solar panels/Thailand bags rice orders/Tourism: Big events to be the focus/TAT Flags Politics As A Threat/Strategies to increase Japanese tourists/Hotel pools are a hot tourist attraction/Thailand Experience: Khao Yai – A Wellness Paradise/Korat gears up for Khao Phansa/Healing for body and soul/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
Thailand ranks in top 10 countries for low expat living costs
Thailand is among the top 10 countries with the lowest living costs for expats, according to the latest study published by expat network InterNations.
The Land of Smiles ranks eighth globally and fourth in Southeast Asia thanks to its affordable housing and utilities, according to “Personal Finance Index 2024”. The index also revealed that expats also find it fairly simple to rent property in Thailand. Continued …
British Couple’s Dream Retirement in Hua Hin Marred by Neighbor Dispute
Conflicts between neighbors occur in many cases, especially when social media is used by the parties to publicize their issues. This allows the general public to become aware of various disputes, ranging from noise and odor disturbances, pet problems, to conflicts in common areas, which can escalate into arguments or even physical assault.
This problem is not exclusive to Thai people; foreigners residing in Thailand also face similar issues. Mr. and Mrs. Byrne, British residents living in Hua Hin, spoke about their dispute with their neighbors, describing feelings of unfair treatment by the police. Continued …
Macaques becoming a problem in Khao Takiab
Residents of Soi 3 in Khao Takiab are grappling with a growing problem, as groups of macaques become a daily nuisance, causing damage to property, stealing food, and even engaging in fights.
The escalation has led to increased fear and inconvenience among the community. A number of people have left the area, having already chosen not to renew their rental contracts, while other residents are considering moving out. Continued …
Email link – kenbrown@businessclassasia.com
WTA event moves from Hua Hin to Singapore
Tennis fans in Hua Hin will be disappointed to learn the Women’s Tennis Assn. (WTA) has announced the relocation of the Thailand Open, a WTA 250 event, to Singapore in 2025.
The event, which had become a staple in Hua Hin, will now be held at the purpose-built Kallang Tennis Hub in Singapore from Jan. 27, 2025. Continued …
Cha Am-Phetchaburi Food Festival set for July 24-28
The Cha Am-Phetchaburi Food Festival, running from July 24-28, promises an array of delicious food, live music, and fun activities. Held at the Cha Am Beach viewpoint in Phetchaburi from 4 pm to 11 pm daily, the event aims to boost tourism and stimulate the local economy.
The festival, officially titled the Cha Am-Phetchaburi Soft Power & Food Festival, features numerous booths offering a variety of foods from different vendors. Continued …
Squid and Seafood Festival Aug 9-11
The 2024 One-Sun Squid and Seafood Festival is set to take place from Aug. 9-11 at Laem Kade, on the beach front in Pak Nam Pran. This annual event returns after a four-year hiatus due to the COVID-19 pandemic.
The festival’s signature attraction is the “one-sun squid,” renowned for its unique taste. Squid from Pak Nam Pran is celebrated for being naturally sweet and tender, a result of the freshwater from the Pranburi River flowing into the sea and enriching the marine environment with plankton. Continued …
Heavy rains and flash flood warnings issued for Thailand
The Thai Meteorological Department (TMD) issued a warning for heavy rains and potential flash floods across most regions of the country, with Bangkok expected to experience rain in 60% of its area.
The TMD forecasts that the southwest monsoon will cover the Andaman Sea, Thailand, and the Gulf of Thailand, creating conditions ripe for thunderstorms and heavy rainfall in certain regions. A low-pressure area over northern Vietnam is also contributing to these conditions. Continued …
NSTDA and SOS Foundation discuss plans for national food bank
Thailand’s National Science and Technology Development Agency (NSTDA) co-hosted a public hearing with the Scholars of Sustenance Foundation (SOS) on Sunday to outline the plan to establish a national food bank. The move is part of the agency’s efforts to establish a sustainable and practical system for managing the country’s food waste.
Nuanwan Sanguansak, vice president of NTSDA’s strategy and budgeting management section, said the public hearing aimed to gather feedback on guidelines for managing excess food in Thailand, which will lead to the establishment of the national food bank. Continued …
Samut Sakhon fights to save ecosystem from blackchin tilapia invasion
Samut Sakhon will seek funds from the Fisheries Department to buy up all the blackchin tilapia villagers have to ensure the alien species does not damage the delicate ecosystem.
Vice Agriculture Minister Manita Klubbankoh spoke to reporters on Tuesday after she oversaw a campaign by the Samut Sakhon fisheries office to catch blackchin tilapia from canals in the province. Continued …
Military wants Bt300-million redevelopment of northern Thai oilfield
Fang oilfield in Chiang Mai, the oldest oilfield in Thailand, is to be redeveloped at a cost of 300 million baht, according to the Defense Energy Department’s Northern Petroleum Development Center (NPDC).
The oil refinery was expected to be upgraded to Euro5 and capable of producing lower-sulphur diesel, confirming that the oil would not damage car engines, Maj. Gen. Montri jeennakorn the director of the NPDC, said. Continued …
27 young Thai girls claim sexual assault by school director in Lopburi
The Thai parents and guardians of 27 girls accompanied them to file a complaint against the director of Ban Phongam School in the central province of Lopburi for allegedly sexually assaulting them.
The victims and their parents and guardians visited Chai Badan Police Station to take legal action against the school director, whose identity has not been revealed. Continued …
50-billion-baht tunnel expressway planned in Bangkok
The Expressway Authority of Thailand (EXAT) announced plans to construct a 50-billion-baht tunnel expressway connecting Kaset and Ngamwongwan. Public opinion on the project will be gathered and considered on July 13.
The route will begin at the Sri Rat Expressway-Ngamwongwan Road intersection, running along Ngamwongwan Road, passing under Phong Phet intersection, Vibhavadi Rangsit Road, and Kaset intersection, continuing onto Prasert-Manukit Road, and connecting the Northern Expressway Phase 3 Project, section N2. Continued …
Python Makes Home in ATM
A massive python caused quite a stir when it was discovered inside an ATM at a local bank. Rescue workers had to carefully dismantle the machine to capture the snake, sparking a flurry of online jokes and comments.
The incident unfolded when the giant python was found hiding inside an ATM. Footage shared on Facebook by the Guysit rescue team shows officials carefully extracting the massive reptile from the cash machine. Continued …
Russian Gang Leader Caught in Bangkok for 30M-Baht Passport Forgery – Continued …
Russian arrested for running motorcycle rental on Koh Phangan – Continued …
Taiwanese Fraudster Arrested in Bangkok After 464-Day Overstay – Continued …
Thai Ex-Girlfriend Leads to Capture of Violent Japanese Fugitive in Bangkok – Continued …
Foreigner Knocks Out Kuwaiti Tourist in Pattaya – Continued …
Japanese tourist rampage leaves trail of destruction in Pattaya – Continued …
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Cash handouts: Boon or bane for Thailand’s long-term growth?
Economic experts recently warned that the government’s cash handout policies, aimed at lifting people above the poverty line, could negatively impact Thailand’s financial status in the long term.
Thailand has remained at the “developing” country level since it was rated by the World Bank in 1988. The country’s GDP per capita, a key development indicator, sits at around US$6,900 or 230,000 baht – more than 50% less than the $15,000 or 500,000 baht per annum required to achieve high-income status. Continued …
Budget for digital wallet scheme reduced to Bt450 billion
The government will scale down the budget for the digital wallet scheme from 500 billion baht to 450 billion and will drop the plan to use 170 billion baht from the Bank for Agriculture and Agricultural Cooperatives, according to Deputy Finance Minister Julapun Amornvivat.
Julapun said on Wednesday that the decision to scale down the budget and cancel the plan to borrow from the BAAC was reached during a meeting of his subcommittee in charge of steering the digital wallet scheme. Continued …
Handout can’t be used for appliances, electronic devices
People who receive the government’s 10,000-baht handout will not be able to use the digital cash to buy mobile phones, electrical appliances or electronic devices, authorities said on Wednesday.
The products were put on a so-called negative list by a government subcommittee working on the details of the program, said Deputy Finance Minister Julapun Amornvivat. Continued …
Thai corporate earnings improving in many sectors
Thailand’s corporate earnings are improving across multiple sectors, but leverage remains high due to large investments, according to Fitch Ratings’ 2024 Bangkok briefing on the global financial market and Thailand’s corporate credit outlook, released on Wednesday.
The report painted a mixed picture of recovery in corporate earnings across various sectors: company earnings are improving but leverage remains high due to substantial investments. Continued …
Four task forces to help original industries compete in current global markets
The Industry Ministry is working with the Federation of Thai Industries (FTI) to help increase competitiveness of original industries that have been affected by the shift in the global industrial trend toward high technology, sustainability and green productivity.
Industry Minister Pimphattra Wichaikul met with a panel of FTI executives on Tuesday, led by federation Chairman Kriengkrai Thiennukul, to discuss measures to help Thai industries succeed under the government’s investment policy, while responding to the global demands. Continued …
Thailand’s economic outlook remains volatile due to domestic and global factors. In Q1 2024, the economy grew slowly at 1.5% year-on-year (yoy), or 1.1% quarter-on-quarter, seasonally adjusted (qoq, sa).
Q2 is expected to show similar characteristics, with projected growth of 1.8% yoy or 0.6% qoq, sa. The National Economic and Social Development Council (NESDC) will release Q2 data on Aug. 19, which will provide more insights for the year’s forecast. Continued …
Ingram Micro bullish on Thailand’s potential
Ingram Micro, a U.S.-based technology distributor, is joining with Taiwanese tech firm Asus and chip maker Nvidia to capitalize on artificial intelligence (AI) investment in the enterprise sector and AI-based data centers, as outlays in these fields is estimated to exceed 10 billion baht per year in Thailand.
Thailand can take advantage of the U.S.-China tech war by attracting investment from foreign firms seeking to relocate their factories, said Pornthep Watcharaamnouy, managing director of Ingram Micro (Thailand). Continued …
EV makers advised to look for export markets as oversupply looms
The Thai Electric Vehicle Assn. (EVAT) is urging manufacturers of electric vehicles (EVs) in Thailand to prepare for oversupply in the next few years due to the production requirement under the EV 3.0 policy.
The policy offers import tax exemption for EV makers, as well as other subsidies, but mandates them to produce the cars locally at a ratio of 1:1 to those imported in 2024 (importing 1 EV for every 1 locally produced EV) and a 1:1.5 ratio for cars imported in 2025 (importing 1 EV for every 1.5 locally produced EVs). Continued …
GAC AION charges ahead in Thailand with new EV hub in Rayong
China’s fourth-largest electric vehicle (EV) manufacturer, GAC AION New Energy Automobile, is gearing up to revolutionize Thailand’s automotive landscape with the inauguration of a state-of-the-art manufacturing facility in Rayong’s Eastern Economic Corridor (EEC) on July 17.
Industry Minister Pimphattra Wichaikul announced that the cutting-edge plant, costing 2.3 billion baht, is poised to kick off operations by November. Boasting an annual production capacity of 50,000 units, the new facility underscores Thailand’s ambition to become a regional EV manufacturing powerhouse. Continued …
Sena zeroes in on solar panel installation
Sena Development will continue to focus on rooftop solar panel installation to support its goal of becoming a zero-energy house (ZEH) developer.
Solar power is an essential part of ZEH development, utilizing proper insulation and built using superior building systems. It is so energy-efficient that it generates as much renewable energy as it consumes, resulting in a net-zero energy bill for occupants. Continued …
Thailand bags rice orders worth over Bt2.8 billion from the Philippines
A proactive push by the Ministry of Commerce has helped Thai rice exporters secure orders for 130,000 tons of rice, valued at over 2.8 billion baht.
Commerce Minister Phumtham Wechayachai had issued a directive to expedite the promotion of Thai rice exports to the Philippines market after news reports said that the ASEAN country would need to import approximately 4.1 million tons of rice in 2024. Continued …
Big events to be the focus of TAT’s 2025 tourism strategy
The Tourism Authority of Thailand (TAT) has announced strategies to attract 40 million foreign arrivals and generate 3.4 trillion baht in tourism revenue next year.
This move is in line with the government’s ambitious announcement to promote Thailand as a grand tourism destination, said TAT board Chairwoman Natthriya Thaweevong. The strategies include drawing big events to the country and offering tour packages designed to meet each traveler’s preferences, such as the elderly and medical tourists. Continued …
TAT Flags Politics As A Threat To The Future Of Thai Tourism
The Tourism Authority of Thailand has publicly recognized global geopolitics as a threat to the future of tourism in the post-Covid era. Officially posted by TAT Gov. Thapanee Kiatphaibool on July 8, 2024, the official recognition of this threat paves the way for it to be openly discussed and debated in industry forums, locally, regionally and globally.
Overseeing her first annual Thailand Tourism Action Plan (TATAP) caucus since being appointed TAT governor in September 2023, Thapanee flagged “Cartographic Politics” as one of five “challenges” Thai tourism faces. The other four are: Continued …
TAT working on strategies to increase number of Japanese tourists
The Tourism Authority of Thailand (TAT) disclosed active strategies for next year aimed at attracting Japanese tourists to Thailand, after the group showed signs of recovery despite the yen’s depreciation, TAT Tokyo office director Kajorndet Apichartrakul said on Wednesday.
His comments came after the country’s tourism sector reported its first-ever deficit in tourist numbers with Japan in 2023. Last year, 995,000 Thai tourists visited Japan, but only 804,000 Japanese tourists came to Thailand, resulting in a nearly 200,000-person deficit. Continued …
Hotel pools are a hot tourist attraction, Thailand ranks 4th in Asia
With heat waves dominating the news across Asia this year, Agoda has unveiled its Pool Popularity Rank, spotlighting which Asian travelers are most eager to book accommodations with refreshing swimming pools.
As temperatures soar, Agoda’s search data shows that Indian holiday-goers are most likely to dive into the water to beat the heat. Thailand ranks #4 out of 10. Continued …
Khao Yai – A Wellness Paradise
Deep in Nakhon Ratchasima province, Khao Yai is on the cusp of becoming one of Thailand’s foremost wellness destinations.
This scenic region, already celebrated for its natural beauty and historical significance, is experiencing a remarkable transformation into a Blue Zone – an area where life quality is exceptionally high, and longevity is the norm. Continued …
Korat gears up for Khao Phansa celebrations
To mark the beginning of Buddhist Lent, Nakhon Ratchasima will stage “Illuminating Korat Candle Light: King’s 72nd Birthday Celebration” on July 20 and 21 at Thao Suranaree (Ya Mo) Monument.
This year’s procession will feature 22 candle floats from several communities to celebrate Buddhist art and craftsmanship. Other highlights include a khon masked dance with light and sound performances, pong lang dance, an exhibition on Khao Phansa royal rituals, a workshop on how to make Korat-style candles, and an OTOP market. Continued …
Healing for body and soul at 4 ‘Tourism Cares’ hotels committed to sustainable leisure
Thailand currently has nine certified Tourism Cares hotels, five of which use the CF-Hotels platform to reduce their carbon footprint.
Tourism Cares is a U.S.-based non-profit organization that promotes sustainability in the travel and tourism industry. Its network covers over 160 tourism partners in various sectors worldwide, ranging from hotels, restaurants, and tour operators to museums and learning centers. Continued …
Soi 94 resurfacing, drainage improvements/Amazing food festival/Sterilizing and vaccinating stray dogs/Siam Venezia undergoing makeover/Why is Thai health care so good?/Transboundary Haze in Southeast Asia/Severe thunderstorms and heavy rain/Chinatown fire victims/Action against graffiti vandalism/Foreigners behaving badly/Economy: Real cost of living for foreigners in Thailand/Thailand’s new energy roadmap/Registration for digital wallet to start in August/Tax measures to cushion blow of wage increases/Raise the Retirement Age/Digital economy hub/Home improvement retailers/Surge in services sector employment/Property businesses face decreasing demand/Oil plan faces rocky financial road/EV insurance in the driver’s seat/BYD acquires 20% stake in Thai dealer/Four trade shows this week/Legal Implications of Cannabis Reclassification/Tourism: Major Upgrades for Key Airports/Thailand-China flights surge/Krabi Airport Set for Surge/Minibus crash in Surat Thani/Tourists rescued after speedboat sinks/Thailand Experience: Explore Kui Buri/Why do people in warm countries eat spicy food?/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
Soi 94 resurfacing, drainage improvements planned
Hua Hin municipality has announced that extensive resurfacing work will soon commence on Soi 94, one of the most uneven and damaged road surfaces in central Hua Hin. The project, which includes the installation of new drainage, is expected to take approximately seven months to complete.
The repair work will involve the installation of drainage pipes and resurfacing the road from the western railway intersection to Baan Chang Heng, extending to the far end of Soi 94 where the road turns right. The project scope includes the stretch from the railway tracks toward Lucky 13, Amara Resort, and The Happy Pig, reaching the top of the soi. Continued …
Group sterilizing and vaccinating stray dogs in Hua Hin
Homeless dogs in Thailand often face tough lives. Many puppies will die young from starvation, disease and road accidents. Sterilization is the most humane way to reduce the stray population, and enable people and animals to peacefully co-exist.
PAT, a project by Wildlife Friends Foundation Thailand (WFFT), was originally founded in 2019 to help reduce the roaming homeless animal population in Prachuap Khiri Khan and Phetchaburi provinces, and increase their welfare. Continued …
Siam Venezia undergoing makeover, renamed Simon Siam
Siam Venezia is set to undergo a significant transformation aimed at promoting Thai arts and culture and attracting more international visitors.
The transformation will see Simon Venezia become a venue for regular events, both large and small scale, while a hotel will also be constructed on the site. Continued …
Why is Thai health care so good?
Political turmoil in Thailand is unrelenting. Over the past two decades, 11 different prime ministers have led the country. In the coming weeks that number could increase, as the constitutional court considers dismissing the current leader, Srettha Thavisin, over an allegedly illegal cabinet appointment. Yet amid such instability, one aspect of Thailand’s governance flourishes: its public-health system.
Thai health care is among the most effective in the world. The average Thai can expect to live to 80, much longer than their regional counterpart (the Southeast Asian figure is 73) and even slightly longer than the average American and European (each roughly 79), according to the latest data from the United Nations. Last year, a whopping 99.5% of the population of 72 million was covered by health insurance. Continued …
The Pressing Issue of Transboundary Haze in Southeast Asia
Air pollution has long been a significant health concern in Southeast Asia, with the issue of transboundary haze taking center stage in recent years. This environmental challenge knows no borders, as smoke from wildfires and land-clearing activities in one country can easily drift across national boundaries, blanketing entire regions in a thick, hazardous haze.
One of the main causes of transboundary haze pollution in the ASEAN region is peatland fires. The ASEAN region is home to 56% of the global tropical peatlands, yet more than 3 million hectares of peatlands in Southeast Asia have been destroyed by fire. Continued …
Severe thunderstorms and heavy rain forecast for 45 provinces
The Meteorological Department of Thailand (TMD) issued a warning for severe weather, predicting thunderstorms and heavy rain across 45 provinces, with Bangkok expected to be significantly impacted. Citizens are advised to take precautions against the potential dangers of severe rain and flooding.
Today, the TMD forecasts that the southwest monsoon will cover the Andaman Sea, Thailand, and the Gulf of Thailand. This weather pattern will bring thunderstorms and heavy rain to various parts of the country. People in these areas should be cautious of hazardous conditions due to accumulated rainfall. Continued …
Chinatown fire victims mostly migrant workers
More than 260 people have registered for assistance following the Yaowarat fire on Saturday night in Bangkok’s Chinatown, most of them migrant workers, according to the permanent secretary for human security.
The fire in Trok Pho community started about 8.40pm on Saturday. Sixty-six wooden houses in the community were burned down or badly damaged. The fire also damaged parts of two hotels and adjoining commercial buildings on Yaowarat Road. Patients were evacuated from nearby Thianfah Hospital. Continued …
Pattaya residents demand action against graffiti vandalism
Residents in Pattaya are calling for decisive action against vandals who have marred the city’s landscape with graffiti. Electrical control boxes, traffic signs, and private properties along major roads such as Sukhumvit Road, Third Road, and South Pattaya Road have been defaced with graffiti, including gang symbols and vulgar language.
The graffiti, which has been unchecked, has significantly impacted the city’s visual appeal, leading to growing frustration among the local community. Concerned citizens are urging police to take action to address the issue and restore Pattaya’s beauty. Continued …
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Foreigner Steals Van and Crashes into another Van – Continued …
Russian DJ Arrested After Hit-and-Run Accident in Surat Thani – Continued …
Can of Beans raises the issue of the real cost of living for foreigners in Thailand
A can of Heinz beans went viral on social media site TikTok last week. Two young tourists from Ireland and the United Kingdom expressed horror at the price tag of Bt420.
Although probably an error or mistake, it comes with a growing conflict between reports from ordinary people, including expats and Thais, about the cost of living and official Thai government data. It came in a week in which the Ministry of Commerce confirmed 0% inflation for the first six months and when June’s inflation rate was only 0.67%, defying a Reuters poll that predicted 1.13%. Continued …
Thailand’s new energy roadmap: a path to eco and economic crisis?
Thailand is set to boost renewable energy used in electricity production from 36% to 51% in its latest power-development plan (PDP). Yet, many experts argue that the plan is a blueprint for failure in meeting emissions targets and ensuring energy security.
Prepared by the Energy Ministry, the PDP is the country’s master plan for power production based on forecasts of rising demand over the next 15 to 20 years. The PDP was aired at a week-long public hearing and will be submitted to the Cabinet for approval soon, said Veerapat Kiatfuengfoo, director of the Energy Policy and Planning Office (EPPO). Continued …
Registration for 10,000-baht handout to start in August
Deputy Finance Minister Julapun Amornvivat has confirmed that registration for Thai people eligible for the 10,000-baht handout under the digital wallet scheme would start next month.
Meanwhile, government spokesman Chai Wacharonke warned Thais not to click any SMS link that told them to register for the digital wallet scheme, saying no such link would be sent by the government. He urged people to beware of call-center gangs. Continued …
Tax measures for employers to cushion blow of wage increases
The Finance Ministry expects to introduce measures soon to alleviate the impact on businesses burdened by an increase in the minimum wage.
According to Deputy Finance Minister Julapun Amornvivat, a hike in the minimum wage must be accompanied by tax measures to ease the burden on businesses, similar to past wage increases. Continued …
Time to Raise the Retirement Age in Thailand
Social activist Sombat Boonngam-anong, founder of the Mirror Foundation, which deals with missing persons as well as helping homeless people, wrote last week week saying he was recently approached by a 61-year-old man while he was having a meal.
The man asked if he could be hired to work for some of his non-profit enterprises, adding he could sing and play music, as he used to do so for a living when he was younger, and had worked looking after a building. He can do watercolor paintings and more. The man then told him the real motive – he does not want to be a financial burden to his daughter, the sole breadwinner. Continued …
How Thailand aims to become a digital economy hub
Thailand is positioning itself to become a leading digital economy hub, with support from global tech leaders such as Amazon Web Services, Microsoft, and Google.
Recently, there are 37 data center and cloud service projects that have received approval from the BOI, with an investment value over USD2,800 million. They include AWS, NextDC, STT GDC, Supernap (Switch), One Asia, Alibaba Cloud, and Huawei Technologies, according to a Thailand PRD report. Continued …
Home improvement retailers contending with slowing economy
Higher household debts, coupled with slowing economy and weaker consumer spending, has taken a toll on the sales growth of home improvement retailers such as Home Products Plc (HMPRO), DoHome Plc (DOHOME) and Siam Global House Plc (GLOBAL), with the outlook for the remaining part of the year continuing to remain bleak.
Home improvement players such as HMPRO and DOHOME have been shielded from the volatility of the retailing market but their performance during the 2nd quarter of the year is likely to show a dip in sales that has not been seen in years. Continued …
Factory closures drive surge in services sector employment
The majority of more than 300,000 laid-off industrial workers from recent factory closures are flocking to the services sector, particularly the hospitality industry, according to the Tourism Industry Council of Thailand’s most recent Tourism Confidence Index report.
According to the data, 561 factories were closed during the first five months of this year. Still, more than 3,573 factories closed between January 2011 and May 2024, resulting in the loss of more than 300,000 jobs. Continued …
Property and leasing businesses face decreasing demand
Tris Rating, a Thai credit rating agency, warns that property and leasing businesses should be strictly monitored in the second half based on decreasing demand, after 20 companies were downgraded in the first six months.
President Sakda Pongcharoenyong said the real estate and leasing industries have a gloomy outlook in the second half, as declining demand may affect their operating results. Continued …
Thai oil plan faces rocky financial road
The government’s plan to increase Thailand’s strategic petroleum reserve (SPR) faces resistance from executives in the oil refining and ethanol production sectors, who point to financial challenges.
A plan to increase the SPR, which was upgraded in the 2024 oil plan, was initiated by Energy Minister Pirapan Salirathavibhaga, who stressed the need to enhance national oil security. Continued …
EV insurance in the driver’s seat
Electric vehicle insurance has emerged as a crucial factor that could shape the future of Thailand’s burgeoning EV industry.
Although a recent report suggesting two insurance companies have ceased insuring electric cars remains unconfirmed, it has prompted insurers, automakers and bankers to seriously consider insurance and various issues that could impact EV sales. Continued …
BYD acquires 20% stake in Thai dealer
The Chinese electric vehicle maker BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is the EV market leader, the companies said on Saturday.
The Shenzhen-based automaker opened its first factory in Southeast Asia in Rayong last week. The $490-million plant will have an annual manufacturing capacity of 150,000 vehicles and employ 10,000 workers. Continued …
Bitec to host four trade shows this week
Four premier international trade shows will be held under one roof to help stimulate the country’s economy in the second half of the year, at Bitec Hall, Bang Na-Trat Road, daily from 10am to 7pm, starting Thursday to Sunday.
Organized by Kavin Intertrade, the Thailand Franchise & Business Opportunity (TFBO 2024), the Thailand Retail, Food & Hospitality Services (TRAFS 2024), the ASEAN Retail 2024, and Pub & Bar Asia 2024 will bring 330 companies to showcase over 10,000 products at 630 booths, spanning an area of 20,000m². Continued …
Deputy PM Questions Legal Implications of Cannabis Reclassification
Thai Deputy Prime Minister Anutin Charnvirakul reaffirmed Bhumjaithai Party’s stance that cannabis should be used for medical and economic purposes, not for recreation. Anutin questioned the rationale behind this reclassification, as it reverts to a previous status set by the same board during his tenure as minister of public health.
Anutin expressed concerns about the legal implications for community-level cannabis growers and questioned how the Thai government would address the thousands released for cannabis-related offenses in 2022. Continued …
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Thai PM Pledges Major Upgrades for Key Airports
In an ambitious stride toward redefining Thailand’s airspace, Prime Minister Srettha Thavisin has pledged to overhaul the nation’s airports, aiming to meet global standards and establish Thailand as a top regional aviation hub.
The plan, spearheaded by Deputy Prime Minister and Minister for Transport Suriya Juangroongruangkit, targets enhancements in aviation safety, customer service, and operational efficiency. Continued …
Thailand-China flights surge 213% after visa exemption deal
Flights between Thailand and China have surged to 55,000 in the past eight months, following the signing of a mutual visa exemption agreement, according to the Ministry of Transport.
Deputy Transport Minister Surapong Piyachote reported that the 55,433 flights from October last year to May marked a 213% increase compared to the same period the previous year. He projected that 86,150 flights would operate between the two nations by the end of the fiscal year on Sept. 30. Continued …
Krabi Airport Set for Surge in Flights This Winter Season
Krabi Airport is preparing for an unprecedented increase in passenger volume, as 13 international and local airlines have scheduled additional flights for the upcoming winter season.
This boost is aimed at servicing the anticipated influx of tourists heading to Thailand’s famous Andaman coast from October 2024 to March 2025, which is considered the peak tourist period. Continued …
Minibus crash in Surat Thani injures 10 foreign tourists
A minibus carrying foreign tourists overturned yesterday, injuring 10 passengers. The accident occurred around 6.30am yesterday on Phunphin-Mueang Road in the Tha Lon subdistrict, Phunphin district, Surat Thani Province.
Police and rescue workers promptly arrived at the scene where they found the minibus overturned on the roadside. The 10 foreign tourists, who sustained minor injuries, were swiftly transported to Phunphin Hospital for medical treatment. Continued …
Tourists rescued after speedboat sinks off Surat Thani coast
A speedboat carrying tourists on a fishing trip was hit by large waves, causing it to take on water and eventually sink. Five people were left stranded in the sea before being rescued by local fishing boats and the marine police.
At 12.20 am today, the marine police received a distress call from relatives of the speedboat’s driver, alerting them that the boat was sinking. The marine police, led by Yuranan Meedet, quickly dispatched a rescue team from Surat Thani to the scene. Continued …
Explore Kui Buri, the ‘Safari of Thailand’ near Hua Hin
Just an hour and a half drive from Hua Hin, Kui Buri National Park in Prachuap Khiri Khan Province offers a unique experience for nature enthusiasts.
Renowned as one of Thailand’s premier destinations for observing wild elephants, the park is currently experiencing a surge in wildlife activity, making it an ideal time for locals, expatriates, and tourists to visit. Continued …
Why people in warm countries eat spicy food?
Take a moment to sit back and think about the spiciest dish you’ve ever tasted. Try to recall how it made you feel — the heat, the sweat, the tears. Did it set your mouth ablaze and make your heart race? And did you feel the burn long after the meal was over?
Now, which cuisine was this fiery blast from the past a part of? Chances are, it hailed from a warm country like India, Mexico, or Thailand. Indeed, some of the world’s spiciest foods originate from countries with the hottest climates. But why is that? Continued …
Baht tipped to rise to 36.1/Heavy rain and high waves forecast/Bus routes to link airports/Baby twin elephants receive blessings/University Degree-Buying Scandal/True iService app unveiled/Blaze Takes Lives of 21 Cats/Flooding Thailand with meth/Why Aren’t There More Christians?/Economy: Stronger growth needed/Thailand gears up for digital wallet launch/PM to announce all details of digital wallet/Social Security’s survival mapped out/Crucial for Thai agriculture/Thailand, Japan join hands/Thai AirAsia expects profit to hit record/Chinese EV price cuts/7 billion baht for EV subsidies/Food waste a major contributor/KFC Thailand’s CMO/Form cannabis impact panel/Thai cannabis market worth billions/Tourism: TAT eyes 7.5% revenue growth/Luxury tourism niches/Boost appeal to Muslim tourists/Incentives for Chinese Airlines/International news/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
Baht tipped to rise to 36.1 to the greenback
The baht could appreciate further to 36.1 to the U.S. dollar in the short term following recent gains to a one-month high on Monday, as weaker than expected U.S. economic data prompted the market to anticipate the Federal Reserve may start trimming U.S. interest rates in September.
The Thai currency led Asian currency gains, trading at 36.4 baht to the dollar on Monday morning, up 0.4% from Friday’s close of 36.58, as investors rushed to sell dollars after personal consumption expenditure (PCE) and core PCE pointed to cooling U.S. inflation. Continued …
Heavy rain and high waves forecast across Thailand
The Meteorological Department of Thailand (TMD) issued a warning about the southwest monsoon covering the Andaman Sea and the Gulf of Thailand, causing waves exceeding two meters and heavy rain across Thailand, including Bangkok and its vicinity, with thunderstorms expected in 60% of the area.
The TMD forecasts weather conditions for the next 24 hours, highlighting the impact of the southwest monsoon over the Andaman Sea, Thailand, and the Gulf of Thailand. This weather pattern is expected to result in thunderstorms and heavy rainfall in various regions of the country. Continued …
Bus routes to link airports
State-run bus operator Transport Co. will launch bus services to three major airports run by Airports of Thailand (AoT) and open ticketing offices in an effort to allow seamless travel to destinations in other provinces, the company announced on Monday.
The so-called feeder buses will serve mainly principal cities, tourism hotspots, and some secondary provinces, including Pattaya city in Chon Buri, Chanthaburi, Trat, Nakhon Ratchasima and Hua Hin district in Prachuap Khiri Khan. Continued …
Baby twin elephants receive blessings from monks
The Royal Elephant Kraal Village in Ayutthaya’s Suan Prik subdistrict on Sunday hosted a merit-making ceremony to celebrate the world’s first twin elephants of different sexes reaching the age of one month. A 36-year-old elephant named Pang Jamjuree gave birth to male and female calves on the night of June 7. The male calf weighs in at 104.9kg and the female at 62.15kg. Both are showing healthy growth under the constant supervision of veterinarians and caretakers. (The Nation)
Minister Supamas Acts Swiftly Amid University Degree-Buying Scandal
In an effort to maintain academic respectability, Higher Education, Science, Research and Innovation Minister Supamas Isarabhakdi pledged to take immediate action over accusations of a private university purportedly trading degrees to rich students without requiring them to attend classes.
Whisperings surrounding this issue led to an announcement yesterday by Minister Supamas about the creation of a formal inquiry committee headed by the ministry’s Deputy Secretary, Supachai Pathumnakul. While the minister did not directly name the accused university, speculation is rife that it belongs to the city of Phitsanulok. Continued …
Latest True iService app unveiled
True Corp. has launched a new version of its True iService application powered by artificial intelligence (AI) to unify all of its services in one place, aiming to enhance customers’ digital life through the gateway concept.
Nititum Kovitgoolkri, head of the product and services division at True Corp., said the company aims to bolster its service and elevate the customer experience through development of True iService into a comprehensive digital service hub for customers. Continued …
Blaze Takes Lives of 21 Cats from Poor Woman, 5 Survive
A tragic fire broke out at 4-story commercial building in a residential area in Bangkok, late Sunday night, killing 21 cats that were under the care of a female traditional massage therapist.
Officials took 10 minutes to control the fire. There were no human injuries or fatalities. However, 21 cats on the second floor died. Officials managed to save five cats that had inhaled smoke. The owner cried, both saddened by the loss of the beloved cats and grateful that officials were able to save five of them. Continued …
Myanmar rebels flooding Thailand with meth
Armed ethnic groups are producing more illicit drugs to traffic in or through Thailand to finance their fight against the forces of the Myanmar government, a senior army officer said on Monday.
The Pha Muang Force had seized 151 million methamphetamine pills so far this fiscal year, a leap from 42 million in the same period last year. It also confiscated 256 kilograms of heroin and 1,350 kilograms of crystal meth, known as “ice”. Continued …
Missionaries Have Gone to Thailand for 200 years. Why Aren’t There More Christians?
In Asia, Thailand is the go-to location for Christian conferences. Thanks to its sunny weather, low cost of living, bountiful hotels, and close proximity to countries closed to missionaries, Thailand is often the gathering spot for missionaries and international evangelical organizations.
Though Theravada Buddhists make up about 93% of the population, the Thai government is open and accommodating to Christian groups, to the point where the country has become a popular spot for numerous mission agency headquarters. Continued …
Email link – kenbrown@businessclassasia.com
Russian man arrested with 300,000 baht in fake euros in Pattaya
Thailand’s economic recovery is uneven and stronger growth is needed, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput told a seminar.
Sethaput said Thailand’s potential economic growth rate of about 3% was not high enough. The central bank has forecast economic growth of 2.6% this year and 3% next year. Continued …
Thailand gears up for digital wallet launch: 10,000 Baht Payout Per Citizen
Thailand is preparing to launch an innovative digital wallet initiative, sponsored by the government, that aims to distribute 10,000 baht to every citizen. This move is part of a wider effort to stimulate economic growth by encouraging consumer spending within local markets.
Deputy Finance Minister Paopum Rojanasakul recently clarified details of the project timeline and addressed opposition concerns regarding potential misuse of funds and procedural delays. Continued …
PM to announce all details of digital wallet scheme on July 24
Prime Ministre Srettha Thavisin will announce the complete details of the government’s digital wallet handout scheme on July 24, Deputy Finance Minister Paopoom Rojanasakul said.
The details will include the list of products that digital money recipients can buy and the dates when potential recipients and vendors can register to participate in the project, Paopoom said on Monday. Continued …
Path to Social Security’s survival mapped out
The Social Security Fund’s accumulated total is projected to reach 5 trillion baht by 2025, but this amount risks being drastically depleted by 2054 due to two major factors: increasing life expectancy and declining birth rates, leading to a shrinking workforce and low contribution rates.
The Thailand Development Research Institute (TDRI) and the insured’s representatives are proposing such solutions as adjusting the criteria for old-age pensions, recalculating social security, raising the retirement age, modifying the contribution ceiling, and increasing the number of insured individuals in other categories to ensure the fund grows and remains solvent. Continued …
Political mindset crucial for Thai agriculture
Thailand needs a political mindset on agricultural policies to cope with the impacts of the changing landscape of markets, climate change, advanced technology, and aging population.
The need to rethink the way agriculture is handled comes as the Thai GDP expanded only 1.5% year on year in the first quarter, mainly due to the ongoing US-China trade war and the impact of geopolitical conflicts on the global economy, according to the National Economic and Social Development Council. Continued …
Thailand, Japan join hands to reduce greenhouse gas emissions
Thailand and Japan have partnered under the joint crediting mechanism (JCM) to reduce greenhouse gas emissions and promote low-carbon technology to achieve goals set in the Paris Agreement.
Adopted in 2015, the international agreement aims to limit global warming to 1.5°C, and work to reduce CO2 emissions to net zero by 2050. Continued …
Thai AirAsia expects 2024 core profit to hit record
Asia Aviation Plc, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year, as a surge in overseas visitors boosts seat demand and airfares.
Thai AirAsia, the company’s 100%-owned budget airline unit, also intends to add more flights to China and India to capitalize on a boom in travel from its two biggest markets, Asia Aviation Chief Executive Officer Santisuk Klongchaiya said in a July 4 interview in Bangkok. Continued …
Chinese EV price cuts get official green light
The Trade Competition Commission of Thailand (TCCT) says price wars among electric vehicle (EV) dealerships do not violate the trade competition law, but rather foster competition.
Visanu Vongsinsirikul, secretary-general of the TCCT, said recent price slashing by Chinese EV brand BYD in Thailand is not considered a violation of the Trade Competition Act of 2017, as the product is not being sold below production costs. Continued …
Thai government seeks 7 billion baht for EV subsidies
The Thai government plans to request an additional 7 billion baht in funding to support the promotion of electric vehicles (EVs). This effort aims to subsidize 35,000 EVs, with expectations for EV production facilities to compensate with 80,000 to 90,000 units in the first year. Over 30 automotive companies are participating in the initiative.
Previously, the department had already disbursed over 7 billion baht in subsidies, supporting 40,000 EVs. The total subsidy expenditure thus far amounts to around 14 billion baht. Continued …
Food waste a major contributor to global warming, Thai company trying change that
Over a billion metric tons of food is wasted each year. Food waste management is crucial — the issue currently contributes 10% of global greenhouse gas emissions at a time when 783 million people around the world face chronic hunger.
According to the most recent UN Environment Program’s Food Waste Index Report, about 28% of food waste is from food services. Now, one Thai company is trying to lower that statistic. Continued …
KFC Thailand’s CMO on local flair, innovation, and his recipe for success
Anyone in the quick-service restaurant (QSR) industry knows the term “quick” is a misnomer. Sure, the delivery is fast, but behind the scenes there is a meticulous strategy of pricing, adaptation, understanding local tastes and culture, and a commitment to long-term brand building.
Suhayl Limbada, the chief marketing officer at KFC Thailand, embodies this ethos, steering the brand through the complexities of a market renowned for its rich and diverse culinary traditions. Continued …
Email link: sivanavillas@gmail.com
Government urged to form cannabis impact panel
Cannabis advocates are calling on the government to set up a committee to study the impacts of the plant before proceeding to relist it as a narcotic.
Prasitchai Nunual, secretary-general of the Writing Thai Cannabis’ Future group, which held a protest near Government House on Monday, said the study should cover physical health, mental health, its effects on society and its therapeutic benefits compared to tobacco and alcohol. Continued …
Recriminalization of hemp, pot would wipe out Thai cannabis market worth billions
More signals surfaced last week indicating Thailand is likely to reverse course on cannabis by shutting down a combined legal CBD and marijuana market projected to reach billions in value. A key drug committee passed a resolution that would limit products made from flowers of both marijuana and industrial hemp to medical applications that require a doctor’s prescription.
The country famously joined a trend toward 1.0% THC by dry weight allowable in hemp crops in 2019, setting a separate limit of 0.2% for food and cosmetics products. The country then removed all cannabis from its Narcotics Act and decriminalized cultivation and possession in December 2020, opening up the market for CBD and pot. Continued …
TAT eyes 7.5% revenue growth in 2025
The Tourism Authority of Thailand (TAT) is targeting 7.5% revenue growth or 3.4 trillion baht in 2025, while private operators suggest offering subsidies for airfares to accelerate income.
During the TAT Action Plan 2025 meeting on Monday, board Chairman Natthriya Thaweevong said as the government aims to designate 2025 the “Thailand Grand Tourism Year”, the industry could be the fastest-growing sector among the eight pillars of the “Ignite Thailand” scheme. Continued …
Report pinpoints luxury tourism niches
As Asia-Pacific continues to be a growth engine for luxury travel, a new report from the Luxury Group by Marriott International has identified new expectations and travel preferences among wealthy travelers in the region.
Across Asia-Pacific, 68% of those surveyed are planning to spend more on leisure travel over the next 12 months. Some 74% of respondents are planning to travel within Asia-Pacific, and 88% are prioritizing gastronomy as the reason to travel. Continued …
Government keen to boost appeal to Muslim tourists
The government will continue to develop a strategy to turn Thailand into the region’s hub for halal tourism, according to spokesman Chai Wacharonke, adding Prime Minister Srettha Thavisin has ordered all tourism-related agencies to promote the country as a Muslim-friendly destination.
Chai’s statement on Monday came after Thailand came in fifth among non-OIC (Organization of Islamic Cooperation) countries on the Global Muslim Travel Index (GMTI) published by Crescent Rating and Mastercard, which ranks countries based on the conveniences they offer to Muslim travelers — including halal food options, travel environment and ease of accessing a place of worship. Continued …
Thailand Wants To Offer Incentives for Chinese Airlines
The Tourism Authority of Thailand (TAT) is negotiating with the Civil Aviation Authority of Thailand (CAAT) and Airports of Thailand (AOT) to increase the number of slots for flights from China to Thailand.
They are proposing incentives to encourage airlines to add more flights to secondary cities. If the number of slots is increased by only 10% in the fourth quarter, monthly tourist arrivals could exceed 1 million and the annual target of 8 million Chinese tourists could be reached. Continued …
Saudi Aramco Cuts Oil Prices for Asian Market Amid Demand Weakness
Saudi Aramco, the world’s top crude exporter, has cut prices for its oil grades to Asia for two consecutive months, signaling a perception of weak demand in its key market. The company reduced the official selling price for August shipments by $0.60 to $1.80 per barrel over the Oman/Dubai average, reflecting challenges faced by OPEC producers amid increasing supply from non-OPEC nations. Continued …
Singapore says yes to edible insects in boost to food security
Certain types of grasshoppers, moths and crickets could be appearing on Singapore’s supermarket shelves and restaurant tables after the government approved the import of insects and insect products for human consumption and animal feed. Continued …
PKK reports 855 cases of malaria/Fraudulent Water Bill Scams/Thailand Faces Population Crisis/Airports approved to sell alcohol on Buddhist holy days/Criticism Grows Over Alcohol Sales/Thailand tackles illegal waste dumping/Thai trailblazers featured on Forbes list/New permanent border checkpoint with Cambodia/Egg-White Rice/Chinese couple’s lion taming/Economy: June inflation sees big drop/Plunging car prices in Thailand/Structural changes key/Residential market contracts/Committee Suspends Digital Wallet Budget/China’s high-quality development to benefit Thailand/Drone industry boon for Thai economy/SCG Cleanergy Collaborates With Seagate Thailand/Caution on Cannabis Reclassification/Cannabis set to return to illegal drugs list/Tourism: Thai Domestic Travel Plummets/Seat capacity as key to enticing Chinese/PM to push 11 soft power industries/Eco-Friendly Amazing Beach Life Festival/Pattaya motorbike taxi drivers tarnish tourist hotspot/Thailand Experience: Tourists swarm first durian café/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers
PKK reports 855 cases of malaria this year
The Prachuap Khiri Khan Provincial Public Health Office has convened a task force to expedite malaria eradication efforts, aiming to monitor the situation closely and effectively control the outbreak.
Thailand has reported 8,236 cases of malaria this year, a slight decrease of 0.28% compared to the same period last year. The provinces with the highest numbers of cases are: Continued …
Thailand retains ranking as world’s sixth best country for expats
Thailand was ranked the sixth best place for expats to live and work, according to the Expat Insider 2024 report from InterNations, the global community for people who live abroad.
The InterNations report ranked 53 global countries across five indices: quality of life, ease of settling in, working abroad, personal finance and an “expat essentials” index, which covers housing, administration, language and digital life. Continued …
PWA Warns of Fraudulent Water Bill Scams
The Provincial Waterworks Authority (PWA) has warned the public of scams involving water supply bills, where barcodes or QR codes redirect transactions to fraudulent bank accounts.
Customers are advised to ensure their bills do not have stickers or paper covering the original details and to verify the receiver’s account name before making any payments, which should only be directed to official PWA accounts. Continued …
Thailand Faces Population Crisis: Minister Calls for Action
Thailand’s aging population poses significant structural challenges, according to Varawut Silpa-archa, minister of social development and human security. Speaking at the “Thailand Strategy and Government Challenges” Forum in Bangkok on Thursday, he outlined the imminent issues and necessary measures.
Currently, 20% of Thailand’s population is elderly, classifying it as an “Aged Society.” Within the next 10 to 15 years, the nation is expected to transition to a “Super-Aged Society” similarly to Japan, with an aging rate projected at 30%. Continued …
Airports approved to sell alcohol on Buddhist holy days
All six main international airports, including Suvarnabhumi and Phuket, will be permitted to sell alcoholic beverages on five major Buddhist holy days to boost spending by travelers and promote tourism.
The National Committee on Alcohol Beverage Policy decided on Thursday to allow all airports under Airports of Thailand Plc (AoT) to sell alcoholic drinks on Asarnha Bucha, Visakha Bucha, Makha Bucha, Buddhist Lent and the end of Buddhist Lent days. Continued …
Criticism Grows Over Alcohol Sales on Religious Holidays at Airports
The Stop-Drink Network Thailand voiced strong objections to a new regulation allowing alcohol sales at major international airports during Thai religious holidays. Teera Watcharapranee, the network’s manager, criticized the move, spotlighting the five major Buddhist holidays affected.
He argued that this aligns with a broader, profit-driven government agenda, which also includes relaxing alcohol restrictions and extending bar hours until 4 am. Continued …
Thailand using ‘smart waste management’ to tackle illegal waste dumping
As global organizations like the UN ring alarm bells about Southeast Asia becoming the “destination for world’s illegal waste,”, countries like Thailand are increasingly turning to smart waste-management technologies to curb the issue.
Since 2019, the Industrial Estate Authority of Thailand (IEAT) has been using real-time monitoring and tracking capabilities to prevent illegal waste dumping and protect the health of those living in industrial estates, stated the agency’s representative. Continued …
Meet the young Thai trailblazers featured on Forbes list
Seven young Thais have earned their spot on the prestigious Forbes Under 30 Asia 2024 list. These trailblazers join the ranks of 300 influential under-30s from 21 countries, making waves across categories like entertainment, sports, technology, finance, healthcare, and social impact.
Among the standout achievers, India leads with 86 honourees, followed by 32 each from China and Japan. Singapore boasts 27, while Australia and Indonesia follow with 26 and 18, respectively. Here are the remarkable Thais who made the cut: Continued …
NSC to review new permanent border checkpoint with Cambodia
The National Security Council (NSC) will examine the trade benefits and security concerns surrounding a proposed new permanent border checkpoint with Cambodia, according to a senior official. Police in Trat province are advocating for Ban Tha Sen in Mueang district to be established as a permanent checkpoint following Cabinet approval, pending NSC support.
Ban Tha Sen borders Phothisat province in Cambodia. Currently, the crossing operates three days a week to facilitate local border trade but lacks official checkpoint status. Continued …
Egg-White Rice: A nutrient-rich, Innovative choice for the health conscious
The Chula Faculty of Allied Health Sciences has launched a ready-to-eat flourless rice innovation made from egg whites, branded “eggyday”.
This product is low in calories, filled with good-quality protein, high in calcium, complete with dietary fibers, and free of gluten. It is suitable for health-conscious people trying to control their weight, the elderly, and those suffering from diabetes. Continued …
Chinese couple’s lion taming lands them in hot water
Police yesterday charged a Chinese couple at their luxury home in Pattaya for illegally housing two lions. The couple were also suspected of illegally importing luxury cars, a Ferrari and a Rolls-Royce.
Officers from Nongprue Police Station and the Office of Natural Resources Conservation Area 2 (Sriracha) raided a luxury home in the Bang Lamung district of Pattaya Thursday after a tip-off that the foreigners who owned this house possessed illegal items. Continued …
June inflation sees big drop
Thailand reported a month-on-month drop in inflation in June to 0.62 %, compared to 1.54% in May, a decline attributed to the end of the low base impact of electricity costs from the previous month, Poonpong Naiyanapakorn, director of the Trade Policy and Strategy Office (TPSO), said on Friday. The Consumer Price Index (CPI) rose year on year to 108.50 in June, up from 107.83 in June 2023.
The prices of fresh food items increased at a slower rate due to favorable weather conditions for cultivation after the extreme heat had passed. Other goods and services had minimal impact on inflation. Continued …
Email link – kenbrown@businessclassasia.com
Plunging car prices in Thailand ‘signal rising economic woes’
Car prices in Thailand are plummeting, reflecting a weakening purchasing power of the middle and lower classes, economists say.
This trend has also raised concerns that this could lead to reduced consumption, employment and production. As car prices fall, consumers may abandon the vehicles they are using, as their car loans may no longer seem worthwhile to pay back. Continued …
Thailand needs to change its economic structure to focus on investment and new technologies in order to push economic expansion to meet the government’s target of 5% year on year, Bank of Thailand (BOT) Gov. Sethaput Suthiwartnarueput said on Thursday.
The governor was speaking at a meet-the-press event on Thursday at the Bank of Thailand Learning Center in Bangkok, the first time in several months he has given an interview to the press. Continued …
Residential market contracts in Q1
Thailand’s residential market index in the first quarter of 2024 dropped for the sixth consecutive quarter, plunging to a low point post-pandemic as GDP growth slowed to 1.5%.
Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the index was 79.6, down 2.8% from 81.9 in the fourth quarter of 2023, and dipping 15.4% from 94.1 in the first quarter of 2023. Continued …
Committee Suspends Digital Wallet Budget for Further Review
The special committee for the consideration of the draft annual budget expenditure act for the 2025 fiscal year has decided to temporarily suspend the budget for the digital wallet stipend program, amounting to 152.7 billion baht.
Thakorn Tantasith, a party-list MP of the Thai Sang Thai Party, revealed that the Ministry of Finance has been asked to provide additional documents for a more thorough review. Continued …
PTT retains ‘Thailand’s most valuable brand’ crown for 4th year in a row
National oil and gas conglomerate PTT Plc has been crowned Thailand’s most valuable brand for the fourth consecutive year in the “Brand Finance Thailand 50” 2024 report, with an estimated brand value of 302.72 billion baht.
Brand value is understood as the net economic benefit that a brand owner would achieve by licensing the brand in the open market. Continued …
China’s high-quality development to benefit Thailand
China’s high-quality development philosophy featuring innovative, coordinated, green, open and shared development would help Thailand to escape from the middle-income trap and achieve the shared goal of joint development, said Thai scholars.
“As Chinese President Xi Jinping said, high-quality development can meet people’s ever-growing desire for a better life. Such desire is also shared by Thai people,” said Arm Tungnirun, director of the Chinese Studies Center under the Institute of Asian Studies at Chulalongkorn University. Continued …
Drone industry set to be boon for Thai economy
Commercial drones or unmanned aerial vehicles (UAVs) are set to offer significant opportunities for the Thai economy thanks to their crucial role in several industries, experts say.
Manu Leopairote, chair of GML Exhibition (Thailand), said the commercial drone industry was valued at US$20.8 billion (761.5 billion baht) in 2021 and is expected to reach $1.2 trillion by 2030. Citing a market forecast by Straits Research, he said the industry is expected to grow 14% annually from 2022 to 2030. Continued …
SCG Cleanergy Collaborates With Seagate Thailand for Solar Rooftop Power
SCG Cleanergy Co. and Seagate Technology (Thailand) Co. have signed a contract to purchase electricity from clean energy. This agreement involves the installation of a 20.96-megawatt solar rooftop system at Seagate’s factory in Nakhon Ratchasima Province.
This project marks the largest solar initiative since SCG Cleanergy began operations, highlighting a commitment to sustainable energy and the movement toward a low-carbon society. Continued …
Bhumjaithai Party Adviser Seeks Caution on Cannabis Reclassification
Supachai Jaisamut, adviser to Deputy Prime Minister Anutin Charnvirakul, voiced concerns during a seminar on the future of cannabis in Thailand.
As the former chairman of the committee responsible for the Cannabis and Hemp Act, Supachai reiterated that the Bhumjaithai Party remains steadfast in its initial ideology. The party has consistently aimed to ensure that cannabis benefits citizens, particularly in medical, health, and economic applications. Continued …
Cannabis set to return to illegal drugs list after vote
A committee tasked with controlling illegal drugs has won a majority vote to have cannabis and hemp reclassified as narcotics, and the listing will take effect on Jan. 1 of next year, according to Dr. Surachoke Tangwiwat, deputy permanent secretary at the Ministry of Public Health.
Dr. Surachoke, who chaired Friday’s meeting, said all the committee members agreed on the principle that cannabis should be used for the purposes of medical treatment only, not for recreational use. However, there were disagreements on certain points. Continued …
Thai Domestic Travel Plummets, Only 57% Plan Local Holidays
A recent survey has unveiled a sharp decline in domestic travel intentions among Thai citizens, with only 57% planning holidays within the country for the third quarter of this year. This marks a significant decrease from 64% in the previous quarter and a steep fall from 74% at the beginning of the year.
Conducted by the Tourism Council of Thailand (TCT), the survey encompassed 450 Thai nationals earning over 10,000 baht per month. Results showed a striking drop in average spending per person on domestic trips to 2,683 baht in the second quarter, compared to 6,856 baht in the first quarter. Continued …
TAT sees seat capacity as key to enticing Chinese tourists
The government target to attract 8 million Chinese tourists this year remains achievable if airlines can ramp up seat capacity to more than 80% of pre-pandemic levels, according to the Tourism Authority of Thailand (TAT).
As of June 30, Chinese visitors to Thailand led other markets, with 3.5 million from 17.5 million total foreign arrivals. Travelers from Malaysia and India tallied 2.4 million and 1 million, respectively, according to the Tourism and Sports Ministry. Continued …
PM to push 11 soft power industries, Bt4 trillion eyed
Prime Minister Srettha Thavisin is ready to build on the success of the “Thacca Splash – Soft Power Forum 2024” by encouraging 11 soft power industries to generate 4 trillion baht for the country in four years, according to government spokesman Chai Wacharonke.
Chai said Thursday the prime minister is looking to create an ecosystem that will allow Thai soft power industries to grow and workers’ skills to improve. Continued …
Thailand Launches Eco-Friendly Amazing Beach Life Festival
The Tourism Authority of Thailand (TAT) launched the “Amazing Beach Life Festival” this month in four locations: Rayong, Phang-Nga, Phuket, and Songkhla. The festival features music, sports, and art on the beach.
Vice Minister of Tourism and Sports Phonpoom Vipattipumiprates said that in an effort to boost tourism during Thailand’s green season, TAT has launched the “Amazing Beach Life Festival” project, which is part of a “big event” lineup set to take place in the latter half of this year. Continued …
Pattaya City and Banglamung district officials are grappling with a surge in incidents involving motorcycle taxi drivers, jeopardizing the area’s status as a top tourist destination.
Disturbing reports have surfaced, highlighting assaults on foreign tourists and harassment of individuals mistaken for ride-hailing service drivers. These altercations have frequently escalated into heated verbal confrontations and even physical violence. Continued …
THAI to restart flights on more routes to Europe
National flag carrier Thai Airways International (THAI) is planning to restore flight routes to Europe that have been suspended since Covid-19 outbreak, hoping to secure 180 billion baht revenue this year.
CEOChai Eamsiri said on Friday that of the targeted revenue, 160 billion baht would come from airline operations, with average cabin factor in 2024 at 75%. Continued …
Email link: sivanavillas@gmail.com
Tourists swarm first durian café in Nakhon Ratchasima
Tourists flocked to Wang Nam Khiao’s first durian café in Nakhon Ratchasima, eager to sample 38 varieties of the fruit amid cool, rainy weather. The Ploenchit Durian Garden, located in Ban Khlong Sai Village within Wang Nam Khiao district, saw a bustling atmosphere throughout the day.
Visitors drove to the renowned garden, situated in the heart of the village, which is also known for being the best spot in Thailand to view wild gaurs. The main attraction was the newly opened durian café, designed to resemble a barn but with a modern twist that harmonizes with the natural surroundings. Inside, patrons could purchase fresh durian, durian sticky rice, durian ice cream, and even durian-based beverages. Continued …
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Digital handout set for introduction in Q4
Thailand eases access for MICE travelers with new measures
GAC Aion upbeat on EV market prospects
How Southeast Asian countries are wooing digital nomads with special visa programs
TAT lines up Muay Thai treat to promote travel and soft power
Surge in inbound tourists pushes Japan to explore dual pricing
Biden drops out of 2024 US presidential race
This Thai meal can give you liver cancer if you take just one bite
Organic approach to sustainable well-being
Cashing in On Large-Scale Amateur Events
Thai Beverage exits real estate sector, sells Frasers stake to TCC
ADB revises growth forecast for Developing Asia upward to 5%
Hua Hin to ‘organize’ overhead cables
Thai village health volunteer wins 6 million baht in lottery
PM issues new strategies to reduce household debt
Heavy rainfall and storms in 57 provinces
Hua Hin warns against damaging public property
Challenges of the Thai Healthcare System
10% of Thais at risk due to heavy drinking, study shows
Digital wallet criteria for vendors unclear
Big business expresses concern at economic slowdown
Saudi event leads to 100 partnerships
Thaioil Expands Solar Power at Koh Sichang Hospital
Long road ahead for EV industry
Sustainability Tips from Thailand’s Green Star Restaurant Chefs
Illegal foreign workers arrested at Hua Hin Night Market
Royal Hua Hin Golf Course celebrates 100th anniversary
Laos shopkeepers not accepting Thai baht
US lovers of Thai food could win a trip to Thailand – and Hua Hin
Few hours of heavy rain inundates Pattaya
FTI disappointed by new power plan
Singles and LGBTQ+ community give ‘petconomy’ a big boost
Thailand ranks in top 10 countries for low expat living costs
Squid and Seafood Festival Aug 9-11
Military wants Bt300-million redevelopment of northern Thai oilfield
Hotel pools are a hot tourist attraction, Thailand ranks 4th in Asia
Group sterilizing and vaccinating stray dogs in Hua Hin
Thailand’s new energy roadmap: a path to eco and economic crisis?
Tax measures for employers to cushion blow of wage increases
Thai PM Pledges Major Upgrades for Key Airports
Missionaries Have Gone to Thailand for 200 years. Why Aren’t There More Christians?
Path to Social Security’s survival mapped out
KFC Thailand’s CMO on local flair, innovation, and his recipe for success
Thailand retains ranking as world’s sixth best country for expats
PWA Warns of Fraudulent Water Bill Scams
Airports approved to sell alcohol on Buddhist holy days
Tourists swarm first durian café in Nakhon Ratchasima