Category Archives: real estate

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Friday’s news-July 5

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New online water billing system/How to buy Property in Thailand/Heavy rain and thunderstorms/FDA warns about erection supplement/Premium care at affordable prices/’Don’t have construction permits’/Graffiti artist gets 8-month sentence/Ultra-fast EV Charging Solution/Pattaya streets submerged/Bangkok taxi driver drags motorcycle/Durian vendors reduce sizes/Economy: Longer property leases will not hurt Thais/World Bank downgrades Thailand’s outlook/Era of economic stagnation/Chinese investors buying up many factories/Country’s growth potential declining/Chinese Solar Firms to Ditch SE Asia/Fuel consumption decreases 0.4%/DP World to boost nation’s logistics/1 trillion baht in trade/BYD’s first plant outside China/Italy and Thailand strengthen ties/ASEAN Sustainable Energy Week/Asia Responsible Enterprise Awards/Tourism: Hua Hin receives award/Samui looks to high season/Asia’s first international drone exhibition/Really Cool Airlines ready/Turbulence hits global flights/Thailand Experience: Egg-Laden Cricket Delicacy/3 Lesser-Known Thai Cities/Surat Thani’s abundant national park/A Traditional Breakfast In Thailand/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

Email link: sivanavillas@gmail.com

New online water billing system almost ready

The Hua Hin Municipal Waterworks Department is preparing to launch a new mobile application, HH Smart, designed to make it easier to pay water bills and keep residents informed about water services. The app will be available in both Thai and English.

Deputy Mayor of Hua Hin Atichat Chaisri chaired a meeting to monitor the progress of the online water bill payment system. Continued …

How to buy Property in Thailand

Thailand is an exciting place to live for many reasons. Whether it’s the country’s beautiful weather, relaxing atmosphere, or friendly population, large numbers of foreigners each year buy properties here. However, the kingdom’s strict property ownership laws must be considered so that your investment is, at all times, fully protected.

Whether you’re planning on investing or settling down here in the Land of Smiles, you’ll need a guide on how to buy property in Thailand. Continued …

Thailand to see heavy rain and thunderstorms until July 9

The Thai Meteorological Department (TMD) issued a weather forecast for increased rainfall across Thailand from today to Sunday, July 7. Heavy rain is expected in Bangkok and surrounding areas, as well as in the northern, northeastern, eastern, and southern regions.

Thailand is set to experience a significant increase in rainfall with heavy showers in certain areas. The northern, northeastern, eastern, and southern regions are forecasted to be most affected. Thunderstorms are expected to continue next Monday and Tuesday, July 8 and 9, with heavy rain anticipated in the northeastern, eastern, and southern parts of the country. Continued …

FDA warns about erection supplement

The Food and Drug Administration (FDA) has warned consumers that a dietary supplement that claims to help men with erection problems contains a prescription-only drug that can have serious side effects.

The FDA said on Thursday that it bought the “Hulx” dietary supplement from the Line official account of company called Dr.Jel and sent it to the Department of Medical Sciences for testing. Continued …

Thammasat medical center offers premium care at affordable prices

Thammasat Advanced Medical Center (THAMC) in Pathum Thani province opened its doors to premium-quality, yet affordable, medical services. Located in a 53,965-square-meter, 10-story building in Khlong Luang district, the center aims to provide a patient-centric approach with a team of experienced specialists and staff.

The soft opening of THAMC took place last week, coinciding with the 90th anniversary of Thammasat University’s founding. The center is designed to deliver one-stop services and is equipped with 150 beds, ensuring convenient and prompt patient treatments. Continued …

Samui hilltop villas ‘don’t have construction permits’

Authorities found that most of the 52 villas on a hilltop on Koh Samui under investigation for land encroachment did not have construction permits.

An inspection of the properties was conducted by the “Samui Model”, a joint task force comprising members of the Fourth Army Region, the Internal Security Operation Command (Isoc) Region 4 and local authorities. Continued …

Grand Palace graffiti artist gets 8-month sentence

A man who spray-painted an anarchist symbol and the number 112 — a reference to the lese-majeste law — on the wall of the Temple of the Emerald Buddha last year has been sentenced to eight months in jail without suspension for vandalism.

Suttawee “Bang-urn” Soikham, 26, is appealing the Criminal Court ruling and has posted bail. Continued …

Huawei Unveils Ultra-fast EV Charging Solution in Thailand

Huawei Technologies (Thailand) Co. is driving the future of electric charging technologies with the launch of its FusionCharge Liquid-cooled Ultra-fast Charging Solution, also known as the Liquid-cooled Power Unit, in Thailand.

Announced during ASEAN Sustainable Energy Week (ASEW) 2024, this technology enables ultra-fast charging and energy storage solutions, with the first wave of power unit applications targeting high-speed electric vehicle (EV) charging at select petrol stations and shopping malls across Thailand, making EV charging faster and more convenient than ever before. Continued …

Pattaya streets submerged after heavy rain havoc

Heavy rainfall early today in Pattaya City led to severe flooding, submerging streets and stranding numerous vehicles. The sudden downpour created chaos in various key locations, significantly impacting daily life.

Many cars and motorcycles were unexpectedly caught as water levels rose swiftly, particularly affecting sedans parked along roadsides. Notable areas such as Third Road, the Mum Aroi Restaurant intersection in central Pattaya, and routes leading to north Pattaya experienced significant flooding. Continued …

Bangkok taxi driver drags motorcycle for a kilometer

A minor altercation between two road users culminated in a road rage incident, where a taxi driver collided with a motorcyclist, running him over multiple times and dragging his bike along the road for over a kilometer before crashing into a utility pole.

The event transpired yesterday morning on Chaeng Watthana Road, beneath Rama IV Bridge, Pak Kret district, Nonthaburi. Traffic police from Pak Kret Police Station, along with Ruamkatanyu Foundation volunteers, rushed to the scene. Continued …

Durian vendors reduce sizes to segments amid price surge

Durian prices have surged in Nakhon Ratchasima, prompting vendors to adapt by selling the fruit in segments instead of whole, as local purchasing power dwindles and sales plummet more than 50%.

At the fruit sale zone within a local market in Mueang Nakhon Ratchasima, durian sellers have shifted from selling the fruit by kilograms to selling it in segments, measured in pounds instead. This change comes in response to a sluggish economy and a significant rise in durian prices compared to last year, which has drastically reduced customer purchasing power by over 50%. Continued …

Giving foreigners longer property leases will not hurt Thais: Minister

Thais have nothing to worry about, said Deputy Interior Minister Chada Thaised in response to concerns over increasing the property leasehold period for foreigners to 99 years.

Chada was responding to an interpellation raised on Thursday by Move Forward Party MP Suphanat Minchaiynunt, who asked if the government has studied the pros and cons of the plan and whether it would make it tougher for Thais to buy houses. Continued …

World Bank downgrades Thailand’s growth outlook to 2.4% due to declining exports

The World Bank revised down Thailand’s 2024 GDP growth forecast to 2.4% from 2.8%, while projecting a GDP expansion of 2.8% in 2025 for the country.

Gross domestic product is projected to advance 2.4% in 2024, up from 1.9% growth in 2023, according to the World Bank’s Thailand Economic Monitor. The most recent forecast represents a 0.4 percentage point downgrade from the figures released in April. This downgrade is primarily attributed to weaker-than-expected exports and public investment in the early part of the year. Continued …

Thailand’s era of economic stagnation

After two decades of political instability and turmoil, it was a matter of time before the Thai economy would exhibit signs of distress and desperation. For decades, the Thai economy has proved resilient with an uncanny knack for bouncing back. But Teflon Thailand may have become a thing of the past.

Headlines on the Thai economy have been heading south precipitously. Unless fundamental political reforms take place, Thailand will likely enter a period of low and plateaued growth with risks of grinding stagnation. Continued …

Chinese investors buying up many factories, land on sale as NPLs

The Bangkok Commercial Asset Management (BAM) said on Thursday that many Chinese investors have joined hands with Thai partners to buy plots of land and factories of failed businesses from the debt management agency.

Bundit Anantamongkol, president and CEO of BAM, said the Chinese investors bought land, industrial factories and warehouses put on sale by the BAM this year and most purchases were made in Rayong. Continued …

Country’s growth potential declining, says BoT chief

The country’s economic growth potential is expected to hover around the 3% mark for the next five years, a decline from the average of closer to 3.5% reported in the years before the Covid-19 pandemic, according to Bank of Thailand Gov. Sethaput Suthiwartnarueput.

Between 2004 and 2013, Thailand’s economic growth potential averaged 3.8%, while the actual gross domestic product (GDP) grew at an average of 4% per year. Growth potential dipped to 2.7% between 2014 and 2023, and GDP growth similarly slowed to 2.8% a year. Continued …

Email link – kenbrown@businessclassasia.com

New US Tariffs to Force Chinese Solar Firms to Ditch SE Asia

Southeast Asia will no longer be a safe haven for Chinese solar companies because the United States is about to introduce new tariffs on imports of solar cells and panels from the region, forcing them to seek alternative locations for overseas expansion.

After investigating imports of crystalline silicon photovoltaic cells, assembled into panels or not, from Cambodia, Malaysia, Thailand, and Vietnam, the U.S. International Trade Commission said last month that there is a reasonable indication that the products are sold at less than fair value in the U.S. because they are subsidized by local governments. Continued …

Fuel consumption decreases 0.4%

Thailand’s total fuel consumption dipped by 0.4% year-on-year to 157.1 million liters per day (MLD) between January and May, attributed to higher energy prices and the country’s economic slowdown, says the Department of Energy Business.

GDP grew by 1.5% year-on-year during the first quarter, according to the National Economic and Social Development Council. Continued …

DP World ‘readying plan’ to boost nation’s logistics

DP World, a global supply chain and logistics giant based in Dubai, is expected to present to the government a plan to develop logistics networks to help make Thailand a regional transport hub, says Transport Minister Suriya Jungrungreangkit.

He made the remarks on Thursday after Prime Minister Srettha Thavisin met Sultan Ahmed bin Sulayem, group chairman and CEO of DP World, at Government House on Wednesday to discuss potential investment opportunities. Continued …

Thailand and Malaysia aim for 1 trillion baht trade by 2027

Thailand and Malaysia have set an ambitious goal to boost bilateral trade to 1 trillion baht by 2027, with a focus on enhancing border economic connections through the Twin Cities initiative. Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai outlined the plans following the third Thailand-Malaysia Joint Trade Committee (JTC) meeting in Kuala Lumpur.

Phumtham highlighted the strong relationship between the two nations, particularly between Malaysian Prime Minister Anwar Ibrahim and Thai Prime Minister Srettha Thavisin, who regularly discuss economic matters. This visit aimed to solidify their discussions and set a clear direction for future economic collaboration, said Phumtham. Continued …

BYD’s first plant outside China starts EV manufacturing in Rayong

BYD’s first factory outside China officially started operations on Wednesday at the WHA Industrial Estate in Rayong, with the potential to create 10,000 jobs. The factory has a maximum production capacity of 150,000 cars per year, with a total investment of over 35 billion baht.

After BYD, known for its automobile and technology products, entered the Thai market, it began with the introduction of its first electric vehicle (EV) model, the Atto 3. The distributor for this model in Thailand is Rêver Automotive. Continued …

Italy and Thailand strengthen ties at bilateral business forum

The Thai Chamber of Commerce, the Thai Board of Trade and the Italian Embassy in Bangkok recently organized the Italian-Thai Business Forum (ITBF) for the ninth consecutive year in Florence, Italy. Business leaders from 16 Thai companies and 13 Italian firms attended.

ITBF is part of an ongoing effort to strengthen ties between the two nations with 156 years of diplomacy, particularly focusing on the field of economic cooperation. Continued …

ASEAN Sustainable Energy Week & EV Asia 2024 Launched

The Ministry of Energy, in collaboration with Informa Markets and energy network partners, launched the “ASEAN Sustainable Energy Week & Electric Vehicle Asia 2024” event to support PDP 2024, aiming to transition Thai industries toward clean energy.

The event showcases technologies and innovations from leading energy industries worldwide, providing a premier regional platform for the most extensive energy supply chain and network, with the goal of transitioning the Thai industry toward “Net Zero” energy. Continued …

5 Thai companies receive Asia Responsible Enterprise Awards

The Asia Responsible Enterprise Awards (AREA) 2024 celebrated a cohort of 81 ESG champions dedicated to shaping a sustainable future for the region and beyond, setting new benchmarks for corporate responsibility. Presented by regional NGO Enterprise Asia on June 28, the AREA is widely regarded as the gold standard for ESG and sustainability practices across Asia.

Beholding over 5,000 ESG programs for more than a decade, the AREA serves as a platform to showcase and provide well-deserved recognition to businesses and organizations championing sustainability, ultimately inspiring more enterprises to integrate sustainable business practices into their business strategies. Continued …

Hua Hin receives ASEAN Clean Tourist City Standard award

Hua Hin municipality has been honored with the “ASEAN Clean Tourist City Standard 2024–2026” award, recognizing its commitment to sustainable tourism and environmental protection. The award was received by Hua Hin Mayor Nopporn Wutthikul and Deputy Mayor Atichat Chaisri at the ASEAN Tourism Award Ceremony held at the Queen Sirikit National Convention Center on July 2.

The ceremony, organized by the Department of Tourism under the Ministry of Tourism and Sports, also highlighted tourism establishments that achieved the 2023 Thai tourism standards certification. The initiative aims to elevate the value of the Thai tourism standards mark and promote certified operators and communities. Continued …

Samui looks to high season for growth

As the high season approaches for the Gulf of Thailand, tourism operators in Samui are projecting growth driven by European visitors, while urging extended operating hours for the airport to add 20 more daily flights, which would increase the number of tourists by 10%-20%.

Ratchaporn Poolsawadee, president of the Tourism Association of Koh Samui, said the island expects a full recovery during the high season, attributed to the full resumption of flights at Samui airport. Continued …

Bangkok to host Asia’s first international drone exhibition

GML Exhibition (Thailand) is keen to launch DronTech Asia 2024, the continent’s first international drone exhibition and conference, cashing in on the exponential growth of commercial drones. The event is scheduled for Nov. 25-27 at Impact Exhibition and Convention Center in Bangkok.

The global market for commercial drones or unmanned aerial vehicles was valued at US$20.8 billion in 2021. It is expected to reach $1.2 trillion by 2030, with a compound annual growth rate (CAGR) at 14% for several years, according to a Straits Research market forecast for 2022-2030. Continued …

Really Cool Airlines CEO ready to revolutionize air travel

After 14 years as the mastermind behind Nok Air, Really Cool Airlines CEO Patee Sarasin is back with a daring new venture promising to shake up the airline industry.

At 62, Patee says that the winds of change are about to sweep through the world of air travel. Having witnessed the tumultuous impact of the Covid-19 pandemic on the aviation industry, he is determined to steer clear of similar pitfalls with his latest project, the whimsically named Really Cool Airlines. Continued …

Turbulence terror hits global flights

Singapore Airlines Flight SQ321 encountered severe turbulence over Thailand, forcing it to make an emergency landing in Bangkok in late May. This incident has raised fresh concerns about the increasing issue of in-flight turbulence, which has been highlighted by several other recent incidents.

In the past few months, there have been multiple turbulence-related injuries on major airlines. Singapore Airlines, Qatar Airways, and Air Europa have all experienced sudden altitude drops that required medical attention for passengers. Continued …

Rainy Season Brings Egg-Laden Cricket Delicacy to Phayao

The rainy season has arrived, bringing with it Phayao’s celebrated culinary delight – the “Jing Kung,” or egg-laden mole cricket. These insects, known for their delectable taste and high nutritional value, are presently in abundance, much to the delight of local residents.

Currently, the residents of Phayao are busy digging up these prized crickets, which can be found burrowed in the wet soil. The crickets, called “Jing Kung” or “Ji Khrong” locally, grow significantly larger during this season. Continued …

3 Lesser-Known Thai Cities to Experience the Rush, Creativity, and Calm

When people talk about Thailand’s southern destinations, Phuket is usually the first choice, just as Chiang Mai is for the north. However, there are several secondary cities filled with pristine environments, cultures, and lifestyles that will leave you with a lifelong impression. It’s time to explore these three secondary cities you’ll definitely fall in love with.

For thrill-seekers: Surat Thani’s abundant National Park

Surat Thani, or Surat for short, is an upper southern province. It’s a perfect place for adventurers seeking an adrenaline rush. The highlight is Khao Sok National Park. The mountain ranges spanning across 739 km² house the virgin rainforest, which is one of the world’s oldest and the south’s largest, with biodiversity as great as the Amazon. Continued …

Here’s What You’ll Eat For A Traditional Breakfast In Thailand

Though Thailand is roughly 19 times tinier than the United States, it’s still made up of many regions and people, so what constitutes as a traditional Thai breakfast is debatable. However, there is a general consensus that, unlike some parts of the world, Thai culture doesn’t group specific foods into the breakfast, lunch, or dinner categories.

Eating a given dish does not depend on where the sun is in the sky; in short, your breakfast meal might be someone else’s nighttime nom. But, it’s not uncommon for some people to go for a lighter-flavored, smaller-portioned meal for breakfast and eat more than once before lunchtime. Continued …

UK’s Labour to win massive election majority, exit poll shows

Keir Starmer will be Britain’s next prime minister, with his Labour Party set to win a massive majority in a parliamentary election, an exit poll on Thursday indicated, forecasting Rishi Sunak’s Conservatives would suffer historic losses. Continued …

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
bangkok, climate change, covid, exports, hua hin, immigration, marijuana, phuket, prauchuap khiri khan, real estate, thai economy, thai environment, thai food, thailand, tourism, transportation

Thursday’s news-July 4

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British Couple Outraged/Bluport adds convention hall/Special offers at Hua Hin golf courses/Minibus driver found using meth/PKK road safety programs/Abbot arrested for possession of endangered wildlife remains/Regional haze challenges discussed/Nationwide Crackdown on Drug Abuse/COVID-19 Surge To Peak in July/Red Bull Co-Owners Top Richest List/Bangkok-Vientiane train service/US, Thailand kick off academic program/Is cannabis really safe?/Foreigners behaving badly/Economy: Current crisis facing Thai businesses/Contractions in auto, property sectors/Condo association warns of crisis/Invest in infrastructure, green economy/Decentralizing power to secondary cities/Digital wallet signs up vendors/Trade talk to ramp up/Set to boost Thai exports/Soft power to reduce social inequality/Integrate transport modes/Southeast Asia needs more renewables/Tourism: Security and tourism infrastructure upgrades/Airports see 20% more passengers/Koh Samui’s drought nightmare vs Phuket’s flooding/Thailand Experience: Chef’s Koh Samui cooking school/Lisa’s new solo single sets guideposts/Chinatown paved with flowers/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

British Couple Outraged Over £9 Tin of Heinz Beans in Thailand

A British couple holidaying in Thailand discovered that some home comforts come at a jaw-dropping price abroad.

Mark and Nadine, originally from the UK and Ireland but now residing in Australia, were having a tropical getaway when they were floored by the cost of a simple can of Heinz baked beans in a local Thai supermarket. Continued …

Bluport adds convention hall to Hua Hin mall

Hua Hin Asset, the developer and operator of Bluport Hua Hin Resort Mall, is adding a 3,000-square-meter convention hall to attract new target visitors and tenants, aiming to boost occupancy to 90% and reach the break-even point within three years.

Vajee Klomkliang, a member of the company’s executive committee, said the expansion stems from a recovery of tourism business in Hua Hin and increased traffic at its mall last year. Continued …

Special offers at Hua Hin golf courses

Golf enthusiasts in Hua Hin have a special reason to hit the greens over the next couple of months. To celebrate the 100th anniversary of Thai Golf Day, several local golf courses are offering not-to-be-missed deals and tournaments.

The Royal Hua Hin Golf Course, along with the Tourism Authority of Thailand (TAT) and the Prachuap Khiri Khan-Phetchaburi Golf Assn., is hosting a series of tournaments in July and August. For a fee of THB 1,750, participants can enjoy a round of golf, caddy services, and dinner. Continued …

Email link: sivanavillas@gmail.com

PKK to Bangkok minibus driver found using meth for trip

Minibus passengers sought help from Nakhon Pathom Highway Police after the drug-addicted driver drove dangerousl  on a trip from the southern province of Prachuap Khiri Khan to Bangkok.

Officers from Nakhon Pathom Highway Police Station yesterday were alerted that the Bangkok-Prachuap Khiri Khan minibus driver was driving at a very high speed, and the vehicle was swerving dangerously throughout the journey. The passengers believed that the driver must be under the influence of alcohol or drugs. Continued …

Funds sought for PKK road safety programs

Prachuap Khiri Khan Province is stepping up efforts to secure funds from the Road Safety Fund for 2024 to enhance road safety and reduce accidents.

Yesterday at Prachuap Khiri Khan Provincial Hall, Gov. Somkid Chantamanu chaired a meeting of the subcommittee on the allocation of the Road Safety Fund. Continued …

Abbot arrested for possession of endangered wildlife remains in Hua Hin

Park officials have arrested the abbot of a local monastery in Bueng Nakhon subdistrict in Hua Hin for possessing remains of endangered and protected wildlife.

Somjet Janthana, director of Protected Areas Regional Office 3 (Phetchaburi Branch), revealed that he received a report from the head of the patrol and suppression unit of the Wildlife Conservation Division, Protected Areas Regional Office 3 (Phetchaburi Branch). Continued …

Regional haze challenges discussed

Thailand has affirmed its commitment to stepping up efforts to combat transboundary haze pollution in cooperation with regional partners, says Environment Minister Phatcharavat Wongsuwan.

Phatcharavat made the declaration on Wednesday at a meeting of an ASEAN sub-regional ministerial committee on haze pollution in Bangkok. Delegates from Brunei, Indonesia, Malaysia, Singapore and Thailand were represented, along with aspiring ASEAN member Timor-Leste as an observer. Continued …

PM Launches Nationwide Crackdown on Drug Abuse

Prime Minister Srettha Thavisin has launched an aggressive nationwide crackdown on drug abuse and trafficking, named the “X-ray” operations. This initiative seeks to root out drug abusers and dismantle trafficking networks across Thailand.

Government spokesperson Chai Wacharonke announced that drug abusers will be directed to rehabilitation centers, while traffickers will face arrest and rigorous legal consequences. Provincial governors will lead the charge, ensuring individuals aged 16 and above undergo mandatory urine tests. Continued …

Thailand’s COVID-19 Surge Expected to Peak in July

Thailand faces a significant surge in COVID-19 cases, with infections expected to peak in July, according to Dr. Thongchai Keeratihattayakorn, chief of Thailand’s Disease Control Department. The country reported 3,256 hospital admissions and 16 fatalities between June 23-29, highlighting an alarming rise in cases.

Out of these recent hospital admissions, 709 patients suffered from severe lung infections, and 336 required ventilators. Since the start of the year, Thailand has seen a total of 31,205 COVID-19 hospital admissions, resulting in 172 deaths, predominantly among those over the age of 69. Continued …

Red Bull Co-Owners Top Thailand’s Richest List

Chalerm Yoovidhya and family, co-owners of Red Bull, have emerged as the wealthiest individuals in Thailand, according to Forbes’ latest ranking. Their combined wealth surged by $2.6 billion, hitting a record $36 billion, thanks to Red Bull’s robust performance, with over $11 billion in revenue from more than 12 billion cans sold globally in 2023.

This advancement crowns them as the new leaders in the Forbes list of Thailand’s top 50 richest, overshadowing the long-reigning Chearavanont brothers. Continued …

Bangkok-Vientiane train service begins July 19

A new international train service connecting Bangkok and Vientiane in Laos will begin services on July 19, the State Railway of Thailand announced on Wednesday.

The SRT is extending the Bangkok-Nong Khai route for this new service. The train will depart from Krung Thep Aphiwat Central Terminal Station (Bangkok Central) at 9.25 pm on July 19 and arrive in Vientiane at 9.05 am on July 20. Continued …

US, Thailand kick off new academic program

The United States has launched a new academic flagship program to boost education ties with Thailand. The move was announced by Robert Godec, the U.S. ambassador, during a press briefing on Tuesday.

He said the embassy has introduced an education initiative called the International Academic Partnership Program (IAPP) by partnering with the Ministry of Higher Education, Science, Research, and Innovation, as well as the Institute of International Education (IIE) as the implementor of IAPP Thailand. Continued …

Is cannabis really safe? Here’s what you need to know

Thai society’s views on cannabis continue to change for the better as the industry grows. More and more people are starting to embrace the plant for its medicinal and holistic wellness benefits.

But despite growing acceptance, some stigma and perception persists, especially with government plans to outlaw cannabis again in the near future. The uncertainty isn’t unique to Thailand. Around the world, cannabis continues to be a hot topic in political, legal, and social discussions about its safety and benefits. Continued …

  • Canadian military man confesses to gangster’s murder in Thailand – Continued …
  • Phuket Immigration Crackdown: Four Foreign Nationals Arrested – Continued …
  • Chinese-Kazakh Couple Deceive by Selling Fake Luxury Watches – Continued …

Current crisis facing Thai businesses ‘worse than during Covid-19’

A mix of factors such as the rapid technology transition, global polarization and economic slowdown have plunged the Thai business sector in a crisis more severe than what it encountered during the Covid-19 pandemic, the Marketing Association of Thailand said on Wednesday.

Association President Buranin Rattanasombat said business operators were expected to face those challenges until next year. The business sector would be affected by changes in technology for the next five to 10 years, as well as the global polarization, which would aggravate, he warned. Continued …

Contractions in auto, property sectors a blow to economic expansion

Contractions in the automotive and property sectors have severely impacted the Thai economy in the first half of the year and prompted several institutes to adjust downward their estimates on economic expansion this year, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) announced.

In its monthly meeting to discuss the economic situation on Wednesday, the JSCCIB cut its estimation of Thailand’s gross domestic product (GDP) expansion in 2024 by 0.3%-0.4% to 2.2%-2.7% year on year. Continued …

Condo association warns of crisis in property sector

The Thai property sector will face challenges in meeting sales targets this year due to a decline in demand and purchasing power, Thai Condominium Assn. President Prasert Taedullayasatit said on Tuesday.

He referred to the Asian financial crisis in 1997 and its impact on property prices, as financial institutions and asset management companies turned to offering non-performing assets at cheaper rates than the original sale prices. “The reason behind the decline in property prices during the Tom Yum Kung crisis was a weakening baht that triggered an increase in the debt burden among business entrepreneurs and banks,” he said. Continued …

World Bank urges Thailand to invest in infrastructure, green economy

The World Bank has advised the Thai government to boost investment in reviving aging infrastructure and strengthening the green economy, to help drive the country’s economic potential beyond 2.7% growth in the medium term.

The bank forecasts Thai GDP growth of 2.4% in 2024 and 2.8% in 2025. The government’s planned digital wallet initiative is not included in the baseline forecast, but it could potentially enhance near-term growth if implemented, Kiatipong Ariyapruchya, a senior economist for Thailand at the World Bank, told an ecnomic seminar on Wednesday. Continued …

Email link – kenbrown@businessclassasia.com

Decentralizing power to secondary cities key to growth

According to a report released by the World Bank on Wednesday, investing in local infrastructure and decentralization and allowing local authorities to choose and decide their own future is a key starting point for Thailand to unlock its secondary city growth potential.

“Unlocking the Growth Potential of Secondary Cities” focuses on the long-term benefits of a more balanced approach to urbanization, highlighting Thailand’s secondary cities’ untapped potential and their critical role in supporting the country’s future growth and economic prosperity. Continued …

Digital wallet scheme signs up vendors

The Commerce Ministry says up to 1.6 million vendors are ready to join the digital wallet scheme, which is expected to pump up the economy, increase store income and reduce the cost of living.

Following a visit to Nakhon Ratchasima province, Yanyong Phuangrach, adviser to the deputy prime minister, said vendors confirmed their readiness to take part in the government’s scheme. Continued …

Trade talk to ramp up

The Trade Negotiations Department has laid out its blueprint for the second half of 2024, aiming to conclude free trade agreement (FTA) negotiations with the European Free Trade Association (EFTA) by year-end, and preparing to host joint trade committee (JTC) meetings with the UK and the Eurasian Economic Union (EAEU) this year in preparation for future FTAs.

Chotima Iemsawasdikul, director-general of the department, said plans have begun to accelerate negotiations for FTAs, with Thailand-EFTA a priority for the government. Continued … 

US-China spat set to boost Thai exports, says panel

Thai exports should gain from the latest round of the U.S.-China trade war, with growth estimated at 0.8%-1.5%, up from an earlier projection of 0.5%-1.5%, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

The committee is upbeat about some advantages from the trade war, differing from the view of the Thai National Shippers’ Council, which previously said the dispute was an unpredictable factor for shippers. Continued …

Government sees soft power as a tool to reduce social inequality

Soft power is an important strategy for the Thai economy in order to become a high-income country, the National Soft Power Development Board Deputy Chairman Surapong Suebwonglee said recently.

Apart from generating revenue for the country, he said soft power should help reduce social inequality and Thai people should benefit from it. Honing skills and creativity will benefit 20 million people, he said. Continued …

Thailand advised to integrate transport modes

To achieve its goal of becoming an aviation hub by 2030, Thailand should encourage more robust domestic travel and integrate different modes of transport, according to Alton Aviation Consultancy.

Managing Director Mabel Kwan said aviation is an integrated ecosystem that requires collaboration between different segments, including airlines, airports, customers, ground handling and transport connecting airports. Continued …

Southeast Asia needs more renewables

Renewable energy offers Southeast Asia sustainable, affordable, and reliable power, but achieving this requires bold, decisive action. Slowing down coal phase-out ambitions would undermine these efforts.

Southeast Asian countries are highly vulnerable to climate change impacts, yet they continue to rely heavily on coal for economic development. Compared to other parts of the world, the region is still to fully embrace the potential of low-cost renewable energy sources, such as solar and wind power. Despite commitments to phase out coal, Indonesia, Vietnam, and the Philippines still plan to build 45GW of new coal capacity, lacking detailed roadmaps for coal phase-out and ambition to phase in renewables. Continued …

Security and tourism infrastructure upgrades essential, ATTA says

Improving country security and standardizing tourism infrastructure will help Thailand meet its target of 36.7 foreign visitors this year, Sittiwat Chiwarattanaporn, president of the Association of Thai Travel Agents (ATTA), said on Monday.

His remarks came after the Tourism Authority of Thailand (TAT) released a report showing that over 14.7 million international tourists visited the Land of Smiles in the first five months of 2024. Continued …

Thai international airports see 20% more passengers YOY

In the first five months of 2024, the six international airports run by Airports of Thailand (AOT) recorded 52.16 million passengers, an increase of 20.3% over the same period in 2023, Transport Minister Suriya Juangroongruangkit announced on Wednesday.

The AOT manages six airports nationwide, namely Suvarnabhumi, Don Mueang, Chiang Mai, Mae Fah Luang, Phuket and Hat Yai, which account for 95% of domestic and international flights. Continued …

Koh Samui’s drought nightmare vs Phuket’s flooding chaos

Koh Samui is reeling from an acute water shortage as its reservoirs are drying up amid a prolonged drought. On the island of Phuket, residents are battling heavy rainfall and flooding.

Koh Samui’s main reservoir, with a capacity of 800,000 cubic meters, is down to a mere 10%, enough to last just two weeks. The Krajood reservoir fares slightly better at 25% capacity, sufficient for about 30 days. Chaweng Reservoir, although containing 2 million cubic meters, holds brackish water, rendering it unusable. Continued …

Chef’s Koh Samui cooking school teaches popular dishes

Lin Rattana chops the chilli, ginger and lemongrass at lightning speed as a group of guests looks on eagerly, keen to learn from the chef who grew up in the northern Thai city of Chiang Mai, where she was taught how to cook by her grandmother.

Today, Lin’s home is the Thai island of Koh Samui, where her culinary knowledge is shared with people from all over the world at the Jungle Kitchen cooking school she runs with her British partner, Tom Charlesworth. Continued …

Lisa’s new solo single sets guideposts for other Blackpink members

Since all Blackpink members terminated their solo contracts with YG Entertainment last year to embark on their individual paths, Lisa became the first among the four to release a new single.

Titled “Rockstar,” it dropped on June 28 in partnership with RCA Records, setting a milestone for the other former members as they pursue their solo careers. The Thai K-pop star’s new single instantly ranked 8th on Spotify’s Global Chart in the U.S. upon its release, the highest ranking ever recorded by a female K-pop solo artist on the platform. Continued …

Bangkok’s Chinatown paved with flowers as new sidewalk blooms

Bangkok’s most beautiful sidewalk has been unveiled in Chinatown (Yaowarat) as part of a four-year plan to improve the city’s notoriously perilous pavements while attracting more Chinese tourists.

The dark-red tiled sidewalk features a pattern of peony flowers and replaces the previous dragon-scale design, Bangkok Metropolitan Administration (BMA) spokesman Aekvarunyoo Amrapala said on Tuesday. Continued and photos …

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestaten

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
bangkok, climate change, exports, healthcare, hua hin, immigration, phuket, real estate, solar, thai economy, thai environment, thai wildlife, thailand, tourism, transportation

Wednesday’s news-July 3

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Easing booze sale rule considered/Fixing flaws in booze law/Consumers ‘can open parcels before paying’/Ambitious ‘Zero Dropout’ Program/Thailand extends diesel price cap/Another one million trees/EVs face insurance hurdles/Second Alzheimer’s Drug Approved/Economy: Bangkok third most expensive city/Thailand-China Railway Project/Bt276 billion in borrowing/EEC is key to industrial growth/Thailand Encouraged to Embrace Solar Energy/Property rules could mimic Singapore/To extend loan repayment period/Shippers expect growth of 1%-2%/Myanmar Financing: Risky business/Tourism: Duty-Free Arrival Stores To Be Closed/Travel alert for Thailand/17.5 million foreign tourists/Phuket’s Inadequate Infrastructure/Banyan Group Expands in Phuket/Canadian Man Found Drowned/Thailand Experience: Thailand on the Cheap/Marine sanctuaries helping to save Thai crab/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

PM ‘will consider’ easing booze sale rule

The government has promised to consider lifting the afternoon ban on alcohol sales to help ease the plight of restaurant operators who say the poor economy is starting to hurt them.

Representatives of the Restaurant Business Club on Tuesday handed Prime Minister Srettha Thavisin a letter asking the government to help restaurants survive tough economic times. Continued …

Fixing flaws in Thailand’s booze law

Sixteen years after the Alcohol Control Act was enforced to curb youth drinking, consumption among youngsters remains as high as ever, highlighting the law’s ineffectiveness.

The national health survey in 2021 is revealing. It showed that 390,000 youths in the 15-19 age group had consumed alcohol in the past year, with 31% of them being new drinkers. Continued …

Consumers ‘can open parcels before paying’

Consumers have the right to open parcels to inspect them before making cash-on-delivery payments, according to the Office of the Consumer Protection Board.

The board has issued a new regulation in response to complaints by many people who reported various problems with products they ordered and paid for before opening them. Continued …

Thailand Unveils Ambitious ‘Zero Dropout’ Program

Prime Minister Srettha Thavisin expressed deep concern over the alarming statistics showing that around one million Thai youths aged 3-18 have dropped out of school. This concern prompted the launch of the “Thailand Zero Dropout” program, a top-priority national agenda aimed at reversing this troubling trend.

(Editor: A sure way to decrease the drop-out rate would be to eliminate the requirement for school uniforms. Many families go into debt each year paying for school uniforms, while others must forego allowing their children to attend school due to the cost of uniforms.)

Government spokesman Chai Wacharonke announced the adoption of four crucial measures at yesterday’s cabinet meeting, which are to be rolled out across all provinces without delay. The first step involves locating these dropouts. Following that, tailored support will be provided to address the specific needs of each child, ensuring they return to school. Continued …

Thailand extends diesel price cap amid long-term energy concerns

Efforts by the Thailand government to cap energy prices, and diesel subsidies may appease the public in the short term, but there are growing concerns about the long-term implications on fuel consumption.

The extension of the diesel price subsidy, funded by the Oil Fuel Fund, is a recent measure that fixes the retail price at 33 baht per liter until July 31. This initiative aims to alleviate financial pressures on households and businesses, particularly those affected by the pandemic and rising global crude prices following the escalation of the Russia-Ukraine war in 2022. Continued …

Bangkok to grow another one million trees

The Bangkok Metropolitan Administration (BMA) announced on social media platforms on Tuesday that its 1-million-tree campaign has already reached its goal, two years ahead of schedule.

Making Bangkok greener with 1 million more trees, big and small, was one of the flagship policies of Bangkok Gov. Chadchart Sittipunt. He expected to reach the number by the time his four-year term ends in 2026. Continued …

Email link: sivanavillas@gmail.com

Thai EVs face insurance hurdles

Thailand’s rapidly expanding electric vehicle (EV) market could face setbacks if insurance companies refuse to provide coverage for EVs, says the Thai Automotive Industry Assn. (TAIA).

Tokio Marine Safety Insurance announced on Tuesday that its current insurance premiums would “temporarily” not apply to new EV customers, including those who own transferred cars, as it would consider new premium rates on a case-by-case basis. Continued …

FDA Approves Second Alzheimer’s Drug That Can Modestly Slow Disease

U.S. officials have approved another Alzheimer’s drug that can modestly slow the disease, providing a new option for patients in the early stages of the incurable, memory-destroying ailment.

The Food and Drug Administration approved Eli Lilly’s Kisunla on Tuesday for mild or early cases of dementia caused by Alzheimer’s. It’s only the second drug that’s been convincingly shown to delay cognitive decline in patients, following last year’s approval of a similar drug from Japanese drugmaker Eisai. Continued …

Bangkok third most expensive city in Southeast Asia

Bangkok has been ranked third among the costliest cities in Southeast Asia for international workers by business adviser Mercer.

This year’s ranking was conducted on 226 cities across five continents. It assessed the comparative costs of over 200 items in each location – from housing and transportation to food, clothing, household goods and entertainment. Continued …

Thailand-China Railway Project: Enhancing Regional Connectivity

Thailand is developing an 873-kilometer high-speed rail project that will connect Bangkok with the Laos-China railway. Once completed, it will be possible for people and goods to travel from Bangkok to Kunming, the capital of China’s Yunnan province. The project is expected to be completed by 2028.

The railway — which is estimated to cost between US$5 billion and US$9.9 billion — is part of China’s Belt and Road Initiative (BRI), a global development strategy adopted by the Chinese government in 2013 to enhance regional connectivity and embrace a brighter economic future. Continued …

Cabinet approves additional Bt276 billion in borrowing

The cabinet has approved an additional 276 billion baht in borrowing for fiscal 2024, of which 269 billion is for direct government use, as well as funds for state enterprises to restructure debt.

The change will bring total new borrowing in the fiscal year ending on Sept. 30 to 1 trillion baht, deputy government spokeswoman Rudklao Intawong Suwankiri told a news briefing on Tuesday. Continued …

Credit agencies highlight Thailand’s EEC as key to industrial growth

Credit rating agencies underscore the significance of Thailand’s Eastern Economic Corridor (EEC) project in advancing the nation’s industrial sector and boosting competitiveness, according to the Public Debt Management Office (PDMO).

The public debt adviser for PDMO, Jindarat Viriyataveekul, indicated that credit rating agencies have been closely observing the EEC project’s progress for years due to its pivotal role in shaping Thailand’s future economy. Continued …

Thailand Encouraged to Embrace Solar Energy for Economic Gains

Thailand’s abundant sunlight offers a prime opportunity for a solar energy revolution, yet high initial costs and complex regulations hinder widespread adoption.

Piyasak Pichetanawin, vice president of the Solar Energy Assn. of Thailand, urges the government to promote solar energy use, particularly in the industrial sector. Continued …

Property rules could mimic Singapore

The government should ensure Thais can afford homes and should limit the areas for extending foreign ownership of condos to specific zones, even within a single province, to avoid opposition, says a property research firm.

Vichai Viratkapan, acting director-general of the Real Estate Information Center, said the Thai government might adopt measures similar to Singapore, which underlines home affordability for its citizens. Continued …

State housing bank told to extend loan repayment period to 85 years

In a bid to cut down on unpaid housing mortgages, the Government Housing Bank (GHB) has been instructed to extend the loan repayment period to 85 years.

Finance Minister Pichai Chunhavajira said on Monday that the move is to reduce the number of housing loans that fall under the special mention (SM) and non-performing loans (NPLs) groups. Continued … 

Shippers expect growth of 1%-2%

Despite geopolitical tensions in Europe and the Middle East, the Thai National Shippers’ Council (TNSC) expects the value of exports to expand by 1-2% in the second half this year.

However, it is cautious about numerous unpredictable factors in the second half, including geopolitical conflicts in Europe and the Middle East; the trade war between the U.S. and China; the U.S. presidential election; rising production costs, including increases in the daily minimum wage, energy and electricity prices; higher freight and surcharge costs; and a shortage of containers as China ramps up production and exports. Continued …

Myanmar Financing: Risky business

The civil war in Myanmar has entered its third year without any sign that the situation will improve soon – especially after a five-month ceasefire brokered by the Chinese government fell apart late last month.

As such, it would hardly be surprising if the global community resorted to sanctions to incapacitate the country’s military government. Continued …

Duty-Free Arrival Stores To Be Closed After Losing 3 Billion Baht

The Thai government is set to close duty-free shops at eight airports across Thailand due to an estimated loss of 3 billion baht in customs revenue. This is part of a strategy to make Thailand a renowned tourist and shopping destination.

Ratchada Thanadirek, the deputy spokesperson for the prime minister’s office, announced the decision during a press conference after a Cabinet meeting. The proposal to close the duty-free stores was initially discussed at a Cabinet meeting in November last year. Continued …

UK Foreign Office issues new travel alert for Thailand amid ‘high threat’

The UK Foreign Office has updated its travel advice for those planning a trip to Thailand, warning of a “high threat” of terrorism. The government department regularly revises its guidance to ensure the safety of Britons traveling abroad.

On Tuesday, a new alert was issued specifically for those heading to Thailand, a popular holiday destination for many UK residents, with hotspots including Bangkok and Phuket. Continued …

Thailand welcomes 17.5 million foreign tourists

Thailand received over 17.5 million foreign tourists in the first half of 2024, an increase of 35% from a year earlier, on course to meet the year-end target of 36.7 million foreign arrivals, official data showed on Tuesday.

With 3.43 million arrivals, Chinese tourists made up the largest source market for the Southeast Asian country in the first six months of this year, followed by 2.43 million from Malaysia and 1.04 million from India, according to the Thai Ministry of Tourism and Sports. Continued …

Email link – kenbrown@businessclassasia.com

Phuket Flooded by Inadequate Infrastructure Amid Rapid Growth

Phuket’s rapid urbanization clashes with underdeveloped infrastructure, unmasking the island’s dire challenges. Recent heavy rainfall and widespread flooding highlight the urgency for crucial upgrades and the consequences of insufficient government budgeting.

Thaneth Tantipiriyakij, president of the Phuket Tourist Assn., voiced serious concerns. Despite Phuket attracting 60% first-time tourists, many could be deterred by inconveniences stemming from inadequate infrastructure. Continued …

Banyan Group Expands with 15 New Phuket Properties

Banyan Group, one of the world’s leading multi-branded hospitality groups, has reaffirmed its commitment to expanding its portfolio in Phuket with 15 properties under the Banyan Group Residences portfolio. This strategic focus on Thailand’s renowned resort island underscores Phuket’s thriving property market across various segments.

In recent years, especially post-COVID, Phuket, Thailand’s largest island, has evolved from a tourist paradise into the ultimate vacation home destination for high-net-worth individuals (HNWIs) globally. Banyan Group’s 15-project investment underscores Phuket’s growing prominence as a premier relocation destination to watch. Continued …

Missing Young Canadian Man Found Drowned at Phang Nga Beach

A Canadian man who had been reported missing on Sunday was found dead at a beach in the Takua Thung district on Monday.

The Khok Kloi Police said on Sunday in the afternoon, they were notified of the missing man from a friend, an American national. He stayed at a villa at the Na Tai Beach in the Khok Kloi subdistrict with the missing Canadian national and three other people. Continued …

How to Enjoy Thailand on the Cheap

Phuket City is the capital of Phuket, one of Thailand’s most popular islands in the Andaman Sea off the country’s west coast. Tourists worldwide flock here in droves every year to experience the dramatic coastline, picturesque islands, and mouthwatering Thai cuisine.

Unfortunately, Phuket is a victim of its popularity, as the prices here are much higher than in most parts of the country, especially when you compare it to places like Chiang Mai in the north. However, don’t panic just yet; Phuket can still be enjoyed if you travel on a budget. Continued …

How marine sanctuaries are helping to save an iconic Thai crab

Floating through the crystal-clear waters off the east coast of Thailand, fisher Sutham Hemmanee spots a large female crab amid the morning’s haul, its underside swollen with the promise of offspring.

“A female crab like this can produce millions of babies,” the 57-year-old says, pointing to the bulging yellow pouches attached to the crab’s stomach. “We put these egg-carrying females in the crab bank.” Continued …

Myanmar shop owners jailed for raising wages

With Myanmar’s currency plunging and inflation soaring, the owner of three mobile phone shops in Mandalay announced he was giving his employees a raise. Word of his generosity quickly spread, and his workers cheered the news. Continued …

Stampede at religious event in India kills at least 116

Thousands of people at a religious gathering in India rushed to leave a makeshift tent, setting off a stampede Tuesday that killed at least 116 and left scores injured, officials said. Continued …

South Korean hotels and resorts are adopting adult-only policies

As childless couples and solo vacationers emerge as key target customers, more South Korean hotels and resorts are adopting adult-only policies to cultivate a serene and sophisticated ambience for adult guests. Continued …

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
bangkok, healthcare, hospitality, hua hin, immigration, marijuana, phuket, prauchuap khiri khan, real estate, thai economy, thai environment, thai food, thailand, tourism, transportation

Tuesday’s news-July 2

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A Guide to Property in Hua Hin/Hua Hin: destination for elite-level athletes/Sleep affects aging/Massive Chinese-Led Euro Football Betting Network/2025 Michelin Guide/Police bust Bangkok karaoke bar/Officers face action over lost vessels/Lorry graft setback/Phuket’s Flood Challenges/Human Trafficking in Thailand/Cannabis Debate Ignited/Economy: Wage Committee Still Undecided/Increased foreign condo ownership/Hotels want stimulus/Land Bridge to partially open in 6 years/Major Hub for Data Centers/Banking on Korat Model/Transition to a low-carbon society/EV price war/EV sales continue to drop/Estate to focus on EVs, tech/Auto output could hit 14-year low/Tourism: Thailand Aims to Boost Tourism/New E-Gates for Thai Passports/New passenger facilities/Direct flights from Rome to Bangkok/Daily flights to Milan, Oslo/Tourist rescued from tree/Thailand Experience: 8 Amazing Places to Visit/Surprising History of Pad Thai/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

A Guide to Property in Hua Hin

Hua Hin’s property market is known for its relative stability and long-term growth. Even though condo prices in Hua Hin are generally lower compared to Bangkok, the town still offers a wide range of options to cater to different budgets and preferences.

According to data from the Bank of Thailand, the average price per square meter in Hua Hin is around $4,200. It’s important to note that prices can vary significantly based on the location and type of property. Continued …

How Hua Hin is becoming a destination for elite level athletes

Hua Hin is many things to many different people. For some, it’s a destination for retirement where they can unwind and live out their golden years.

For others, it’s a weekend retreat from the city. More recently, the town has seen a wave of millennial couples choosing Hua Hin as a destination to raise a family. However, beyond these well-known appeals, Hua Hin is emerging as a premier training ground for some of the world’s top athletes. Continued …

Sleep affects aging inside and out

As we get older, our bodies change. Fine lines, wrinkles and crow’s feet are among the most visible signs, although thinning hair, metabolic changes that affect weight, muscle loss and vision problems are also indicators of growing older.

But not all is lost. Experts say we can slow the biological aging process and thus minimize the effects of certain diseases and conditions that come with age. One of the natural approaches we can adopt to help us look younger, feel energized and enjoy our golden years is getting healthy quality sleep. Continued …

Thai Police Dismantle Massive Chinese-Led Euro Football Betting Network

Thai cyber police have dismantled a Chinese-led Euro football betting network, arresting six Thai nationals and seizing assets worth over 282 million baht. This major operation, following a June crackdown on a similar network, aims to curb illegal gambling in the region.

Police Gen. Worawat Watnakhonbancha sanctioned the arrests yesterday. Within days, officers apprehended 47-year-old Narawut and three accomplices in Mae Sot, Tak Province. Simultaneously, two more were captured in Trang Province — one in Yan Ta Khao and the other in Kantang. Continued …

Thailand’s culinary world gets ready for 2025 Michelin Guide

As the world of refined cuisine eagerly awaits the 2025 edition of the Michelin Guide, Thailand’s restaurant scene is bracing for potential changes in star ratings that could significantly impact pricing strategies.

Michelin’s stringent criteria, focusing on ingredients, culinary technique, chef personality, flavor harmony and consistency, will determine whether restaurants maintain, gain or lose coveted stars. Continued …

Police bust Bangkok karaoke bar for running prostitution ring

Police raided a well-known karaoke and traditional massage parlor in Bangkok yesterday, uncovering an illicit prostitution ring involving Thai and Laotian women. The establishment had over 10 rooms converted for illegal activities, and the owner confessed to the charges.

Officers from the Anti-Trafficking in Persons Division (ATPD), led by Saruti Kwangsopa, instructed officers from the Nong Chok Police Station to mobilize a team of officers to conduct a raid on a karaoke bar in the Nong Chok district of Bangkok. Continued …

Officers face action over lost oil-smuggling vessels

Three marine police officers will face disciplinary action for failing to monitor the three seized oil-smuggling vessels, which subsequently disappeared from a marine police pier in Chon Buri’s Sattahip district on June 11.

Following a meeting on Monday, Police Maj. Gen. Charoonkiat Pankaew, deputy commissioner of the Central Investigation Bureau (CIB), said that an agreement was reached to impose severe disciplinary action against the officers. Continued …

Lorry graft setback

The ugly conflict between national police chief Torsak Sukvimol and his deputy Surachate Hakparn has diverted public attention from serious corruption and other problems at the Royal Thai Police.

One is highway-related bribery. Last September, a highway police officer, Police Maj. Sivakorn Saibua, deployed to tackle bribery by truck companies, was killed at the house of Praween Chankhlai, known as Kamnan Nok, a local influential figure in Nakhon Pathom. Continued …

Phuket’s Changing Landscape Contributes to Flood Challenges

A major clean-up operation has been organized to restore the areas affected by the floods this past weekend, with Phuket declaring disaster areas in two districts, Kathu and Thalang, affecting a total of 1,468 people.

The southwest monsoon depression caused flooding and disasters in Kathu and Thalang districts of Phuket on June 30, resulting in extensive damage to human lives, physical well-being, property, houses, agricultural land, fisheries, livestock, and public facilities. The affected area covers seven subdistricts, 41 villages, four communities, and 740 households. Continued …

Email link: sivanavillas@gmail.com

The Challenging Battle Against Human Trafficking in Thailand

The Royal Thai government has intensified its efforts to combat human trafficking and the proliferation of scam centers. However, the latest American report on human trafficking highlights the challenges faced by Thai authorities in completely eliminating this phenomenon.

The 2024 Trafficking in Persons Report by the United States maintains Thailand’s Tier 2 status for the third year, noting improvements in investigations and prosecutions. Positive steps include increased trafficking investigations, prosecution, and victim identification, but criticism remains for the treatment of trafficking victims exploited by online scams. Continued …

Cannabis Debate Ignites After Doctor’s Insightful Article

The national conversation in Thailand on the medical use of cannabis intensified this week, driven by an article from Associate Professor Dr. Pattapong Kessomboon of Khon Kaen University’s Department of Family Medicine. Dr. Pattapong’s insightful piece challenged the prevalent misconceptions about cannabis, highlighting its significant, yet often ignored therapeutic benefits.

Dr. Pattapong addressed concerns that many critics focus solely on the recreational use of cannabis, neglecting its proven medical efficacy. He presented several compelling case studies and research, showcasing cannabis’s potential in treating various medical conditions. Continued …

Wage Committee Still Undecided on National Minimum Wage of 400 Baht

The Thai tri-partite wage committee is unable to finalize the proposed 400-baht national minimum wage until it has received the individual province rates. The Federation of Thai Industries opposes the uniform wage, citing potential negative impacts on SMEs and product competitiveness.

Employers have rejected the committee’s wage calculation method. The committee plans to reconvene after July 31. Currently, some hotel workers earn a minimum of 400 baht. Continued …

Increased foreign condo ownership could make housing less affordable for Thais

The Thai government has proposed to increase foreign ownership of condominium projects from 49% to 75%, and extend the land leasing period from 30 years to 99 years.

In an interview, Praphurut Chatprapachai, a former Democrat MP candidate and legal expert, suggested that the government should develop comprehensive regulations, as he believes these latest proposed amendments could threaten housing affordability in Thailand. Continued …

Hotels want stimulus for green energy, EV chargers

Hotel operators are pushing for a tax deduction or subsidy for renovation investment, especially for green energy, while the Tourism Authority of Thailand (TAT) suggests hotels in second-tier cities install electric vehicle (EV) chargers to accommodate the growing trend of travel via EVs.

With the Thai Hotels Assn. (THA) scheduled to meet the finance minister soon, THA President Thienprasit Chaiyapatranun said the group would ask for financial stimulus, focusing on enhancing the competitiveness of licensed hotels in Thailand. Continued …

Southern Land Bridge to partially open in 6 years: minister

Transport Minister Suriya Juangroongruangkit said the first of three phases of the 1-trillion-baht southern land bridge project will start operations in 2030.

Suriya said on Monday that officials concerned were adjusting the details of the project in accordance with feedback from potential investors and local people, and the adjustment process should be concluded in the third quarter this year. Continued …

Thailand Becomes Major Hub for Data Centers and Cloud Services

Thailand continues to emerge as a strategic hub for investment in data centers and cloud services, driven by the rapid growth of artificial intelligence (AI) and digital services in the region.

(Editor: While this news generally is positive for Thailand’s economic growth, data centers require two critical resources – electricity and water – in addition to the qualified people to manage and maintain them. Power generation from renewable souces will be of critical importance.)

Board of Investment (BOI) Secretary General Narit Therdsteerasukdi highlighted that 37 projects worth 98.539 billion baht have already been approved for investment in data centers and cloud services. These projects are predominantly located in Bangkok, Samut Prakan, Chonburi, and Rayong. Continued …

DES Ministry banks on Korat Model

The Digital Economy and Society (DES) Ministry has rolled out the Korat Model to turn the province into a “digital metropolis of the future”, part of the government’s effort to turn Thailand into a digital economy hub.

Under the title “Digital Korat: The Future Starts Now”, the ministry and its agencies entered into a memorandum of understanding (MoU) with relevant organizations to drive the goal. Continued …

Supporting Thailand’s transition to a low-carbon society

Record-breaking heatwaves in the summer and flash floods during monsoon season are expected to become the “new normal” as Thailand adjusts to extreme weather.

The impact of climate change has driven the country, from policymakers and regulators to businesses and individuals, to embark on a variety of adaptation and mitigation measures as they cope with a just transition to a low carbon society. Continued …

EV price war disrupting used car market

The current situation in the automotive market is akin to the industry undergoing a structural transformation, according to Suvit Chobpradu, vice president of the Used Car Dealers Assn. “The shift is from a market dominated by internal combustion engines (ICE) to a rapidly growing role for electric vehicles (EVs),” he pointed out.

“These changes inevitably result in casualties, affecting various parties in the supply chain. And the main reason is the continuous and intense price war of EVs.” Continued …

EV sales continue to drop driven by tight economic conditions

After getting off to a relatively slow start when they were first introduced, electric vehicles (EVs) have increasingly played a significant role in the Thai automotive market, particularly over the past two years.

Numerous players have entered the market, driven by both domestic and global trends, as well as government incentives. Now, however, the EV market appears to be cooling off. Continued … 

IEAT to develop Bt2.8 billion estate to focus on EVs, tech

The Industrial Estate Authority of Thailand (IEAT) has joined hands with industrial estate developer Hermes Cooperation Co. to co-develop a new estate to support S-curve industries with a budget of 2.8 billion baht.

The complex, named Hermes Industrial Estate, is located in Chon Buri and spans 1,231 rai. The facility expects to serve electric vehicles (EV), smart electronics, data centers, cloud services and medical device industries. Continued …

Auto output could hit 14-year low

 

Thailand’s automotive production could plunge to a 14-year low this year, excluding the pandemic years of 2020-22, dipping to 1.65 million units, though monthly production is expected to start improving slowly in the fourth quarter, says Krungsri Securities (KS).

The decline is attributed to elevated levels of household debt and non-performing loans (NPLs), according to the brokerage. Continued …

Thailand Aims to Boost Tourism in Second half of 2024

Regarding this year’s tourism revenue goal of 3.5 trillion baht ($95 billion), with 36.7 million foreign tourists expected, Minister of Tourism and Sports Sermsak Pongpanich expressed serious concerns about reaching the target.

The ministry, therefore, implemented the tourism policy of the Tourism Authority of Thailand (TAT) to stimulate the market in the latter half of the year, particularly during the peak season, to generate an additional 2.4 trillion baht in tourism revenue and attract an extra 21.7 million foreign tourists to Thailand. Continued … 

New E-Gates for Thai Passports Debut at Suvarnabhumi Airport

Police Lt. Gen. Itthiphol Ithisarnronnachai, Commissioner of the Immigration Bureau, yesterday inspected the new automatic passport control gates at Suvarnabhumi Airport.

The inspection highlighted the introduction of new e-gates designed to streamline the passport-control process for Thai nationals. The new automatic channels, a project supported by Airports of Thailand (AOT), will be phased in gradually. Initially, 13 of the planned 56 new e-gates have been activated at the departure area. Continued …

Email link – kenbrown@businessclassasia.com

Airport shops, offices make way for new passenger facilities

Airports of Thailand (AoT) has taken back some areas used by shops and government agencies at Suvarnabhumi and Phuket airports that will now be used to provide better facilities for travellers.

Chief Executive Kirati Kitmanawat said on Monday that AoT had repossesed 1,907 square meters of space in the main concourse and SAT-1 buildings at Suvarnabhumi airport and 491 square meters in the international passenger terminal at Phuket airport. Continued …

ITA Airways launches direct flights from Rome to Bangkok

ITA Airways will launch nonstop service between Rome (FCO) and Bangkok (BKK) starting Nov. 16. This marks the airline’s inaugural route between Italy and Thailand, creating a new travel option for leisure and business travellers.

For the first time in years, passengers will enjoy direct flights connecting the Italian and Thai capitals, thanks to ITA’s state-of-the-art Airbus A330neo. The service, operating five times a week with flights designated AZ758 and AZ759. Continued …

THAI Airways begins daily flights to Milan, Oslo

Thai Airways International on Monday began regular daily services between Bangkok and Milan in Italy and Oslo in Norway.

The airline’s announcement said the new services were in response to increasing demand for services from Thailand and the Asia-Pacific region to major cities in Europe. The flights operate in connection with the Star Alliance. Continued …

Tourist rescued from tree after parasailing mishap on Phuket beach

A foreign tourist found himself in a precarious situation when a parasailing adventure went awry, leaving him stranded atop a 5-meter pine tree on Kamala Beach in Phuket. Police were called to the scene to rescue him using a crane truck.

The incident occurred on Kamala Beach, Kamala subdistrict, Kathu District. Upon receiving the report, police promptly headed to the site to investigate. Continued …

8 Amazing Places to Visit in Thailand

Thailand is a land of contrasts, where ancient temples rub shoulders with modern skyscrapers, and where the bustling streets of Bangkok give way to the tranquil beaches of the Andaman Sea. It’s a country that has something to offer everyone, from history buffs to beach bums, and July is a great time to visit.

The weather is warm and sunny, and there are plenty of festivals and events taking place throughout the country. If you’re planning a trip to Thailand in July, here are eight amazing places that you should consider visiting. Continued …

The Surprising History of Pad Thai

Pichaya “Pam” Soontornyanakij — better known as Chef Pam, the Michelin-starred chef at the helm of Bangkok’s Potong restaurant — is descended from a family that moved to Thailand from southern China in the 1880s, five generations ago. Although her roots can be traced back to Fujian Province, Soontornyanakij grew up in a family that had long since assimilated into Thai culture — or so she thought.

“Growing up, my mom cooked pad Thai regularly — maybe once a month,” says Pam. “I thought it was Thai.” It wasn’t until she started studying food and went to culinary school that she realized most of the food she had eaten in her family home was, in fact, Thai-Chinese. Continued …

Japan’s Mt. Fuji begins charging admission

Japan’s tallest peak opened for the 2024 climbing season on Monday with one crucial change: now it’s for ticket holders only. Video …

Philippines’ dependency on coal-fired power surpasses China, Indonesia

The Philippines surpassed Indonesia and China to break into the world’s top 10 economies most dependent on coal-fired power, data from energy think tank Ember showed, underlining the challenges it faces to achieve its green energy goals. Continued …

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
baht, climate change, exports, healthcare, hua hin, pattaya, prauchuap khiri khan, real estate, thai economy, thai environment, thailand, tourism, transportation

Friday’s news-June 28

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Email link – kenbrown@businessclassasia.com

The biggest killer you never considered

Some of the world’s big challenges get a lot of attention. Climate change, war and immigration are constantly in the news and receive large funding from states and private philanthropies. Other significant problems like tuberculosis and nutrition receive less airtime and awareness but count among major global priorities, with funding allocated.

Even the aptly named “neglected tropical diseases” like rabies, river blindness and leprosy, which kill 200,000 people each year in poorer countries, have their own programs and attention in the World Health Organization. Continued … 

Cooking gas subsidies extended to Sept 30

The price of cooking gas, also known as liquefied petroleum gas (LPG), will remain fixed at 423 baht per 15-kilogram cylinder until Sept. 30 as energy officials have agreed to extend subsidies from the Oil Fuel Fund.

The current LPG subsidy is scheduled to end on Sunday, prompting the Energy Policy Administration Committee (Epac) to meet on Thursday to review the impact of higher cooking gas prices on the cost of living, said Energy Minister Pirapan Salirathavibhaga, who chaired the meeting. Continued … 

Zebra crossing installed outside new Hua Hin Railway Station

In response to public concerns about road safety, Hua Hin Municipality has installed a zebra crossing in front of the new Hua Hin Railway Station on Phra Pokklao Road. The move was prompted by reports highlighting the lack of a pedestrian crossing at the high-traffic area in front of the new railway station, posing significant risks to pedestrians. Local residents had requested the municipality to address this issue urgently. No word on whether the high-volume traffic on the road will actually stop for pedestrians. (HHT)

Analysts see continued baht decline this year

The baht is likely to plunge to 37.25 to the U.S. dollar in the short term, as Asian currencies slumped to their weakest level since 2022 amid continued outflows from both the Thai stock and bond markets, attributed to ongoing global volatility pending U.S. interest rate cuts, say economists.

The Thai currency fell to 36.99 baht to the greenback on Thursday, the lowest in two months, from Wednesday’s close of 36.82. The yen slid past the key 160-per-dollar level to a 38-year low, while currencies in the region were largely subdued as the dollar strengthened overnight amid prospects that U.S. interest rates may stay higher for longer. Continued … 

Men over 50 urged to be tested for prostate cancer

Health experts urge men over 50 to take precautions against prostate cancer, emphasizing that untreated conditions can be fatal. The Thailand Healthcare 2024 event, held in Samyan Mitrtown Hall, highlighted free health screenings and expert talks on prostate health.

The annual fair, celebrating its 16th year, kicked off yesterday, featuring free health check-ups from 30 leading hospitals through tomorrow. The event, organized by the Matichon Group in collaboration with various health organizations, aims to promote health awareness among men. Continued … 

Hua Hin welcomes Miss Universe Thailand 2024 contestants

Hua Hin welcomed 40 contestants of the Miss Universe Thailand 2024 pageant yesterday. The participants, hailing from various provinces across the country, gathered at the Sundance Day Club Hotel for a gala dinner hosted by TPN Global Co., the rights holder of Miss Universe Thailand, and the organizing committee. The Miss Universe Thailand 2024 Swimsuit Competition wil be held tonight at the Amari Hotel in Hua Hin. (HHT)

Son’s search for his dad’s Thai girlfriend from 1968-1971 comes to an abrupt halt

A curious news story flared briefly this week in Thailand and online, linked with lost love. It was a poignant tale from both the United States and Thailand of an elderly U.S. serviceman and a Thai grandmother lamenting the loss of love from the heady Vietnam War era when American armed forces were stationed in Thailand.

The story came to an abrupt halt when the American son of the serviceman attacked the media. At the same time, the granddaughter of an elderly Thai woman confirmed that both love stories emerging at the same time were not an act of serendipity. Continued … 

Cat Urine Test Kit for fast early detection of kidney disease, gallstones

All cat lovers want to see their beloved kitties happy and healthy. But cats, like humans, face various illnesses, especially the most common among cats today including kidney disease, gallstones, and bladder infection (cystitis).

If the owners have time and can notice their pets’ changed behaviur, they can bring them in for early treatment. Unfortunately, many rarely have time to observe their cats’ behavior and by the time they realize something is wrong, their cats are already very sick and require treatment that can cause pain, suffering, and piled-up medical bills. Continued … 

Minister targets overloaded lorries and bribery

Thailand’s transport ministry pledged stricter enforcement against overloaded lorries and aims to eliminate highway-related bribery in a move to enhance road safety.

The minister directed the Department of Highways (DoH) and the Department of Rural Roads (DRR) to utilize new technologies to enhance the detection of overloaded vehicles and to take serious legal action against violators. Continued … 

2 Korean Guides Arrested in Chiang Mai Car Scam Case

Continued … 

Chinese Suspect in 150M Baht Scam Caught in Pattaya

Continued … 

Email link: sivanavillas@gmail.com

Thai Banks Are the Top Suppliers of Financial Services to Myanmar’s Military: UN Expert

Thai banks have become the main supplier of international financial services for Myanmar’s military government, enabling its purchases of goods and equipment used to carry out its increasingly bloody war against pro-democracy resistance forces and armed ethnic minority groups, a UN expert said in a report issued Wednesday.

The report by Tom Andrews, the UN special rapporteur on the situation of human rights in Myanmar, tracks how that country’s ruling military council has been able to continue procuring arms by shifting suppliers of financial services and military hardware as previous sources have been blocked by sanctions imposed by the United States, the European Union and other states. Continued … 

Bank of Thailand sees economic stability from Q3

The Bank of Thailand (BOT) expects the economy to start stabilizing from the third quarter thanks to accelerated growth and potential to meet the 2.6% expansion target this year. Senior BOT executives voiced these optimistic views at the second Monetary Policy Forum for this year on Wednesday.

At the forum, the central bank executives also reiterated that the current benchmark interest rate of 2.5% per annum was suitable for current economic conditions, despite the government’s repeated calls for a cut by at least 25 percentage points. Continued … 

Could expanding foreigners’ property rights stimulate Thai economy?

Thailand’s prime minister, Srettha Thavisin, has proposed a policy allowing foreigners to lease land for up to 99 years and to own up to 75% of a condominium project as an economic stimulus measure. He has clarified that this policy would not equate to granting land ownership rights to foreigners.

However, critics contend that such a move could lead to increased land prices, potentially hindering Thai citizens from owning land. Continued … 

Global foreign investment is falling

How does today’s climate of international chaos and uncertainty serve as a business barometer for foreign investment? Foreign investment has declined globally by 2% to $1.3 trillion (44 trillion baht) for 2023. Yet, in developing countries, the dip was much deeper as investment flows fell by 7% to $867 billion.

These numbers from the UN’s latest World Investment Report 2024 underscore both a cautious recovery from the pandemic and, even more so, the results of international political discord, civil conflict, and investor nervousness. Continued … 

Factory output unexpectedly falls in May as car output down

Thailand’s manufacturing production index unexpectedly fell 1.54% in May from a year earlier due to lower car production and higher energy costs, the industry ministry said today.

The figure compared with a forecast increase of 1.35% in May in a Reuters poll, and followed a downwardly revised annual rise of 2.69% in April, which was the first increase in 19 months. Continued … 

Report highlights Thai automotive industry’s need for evolution

A new study done by the International Labor Organization (ILO) shows the urgent need for the automotive industry in Thailand to adapt to the evolving employment landscape.

The report, titled “Navigating transformational changes and transitions: The skills development and employment landscape in Thailand’s automotive manufacturing sector,” reveals a pronounced gap between current workforce skills and the demands of an industry increasingly focused on sustainability and technology. Continued … 

Gulf Energy to double data center capacity

Gulf Energy Development and its partners plan to spend an additional 10 billion baht to double their outlay on a data center facility in Bang Phli district of Samut Prakan.

The expansion will increase the center’s energy consumption to 50 megawatts from a previously announced 25 megawatts, with completion expected in March next year, Chief Financial Officer Yupapin Wangviwat said on Thursday. Continued … 

AIS EEC opens in Thailand Digital Valley

Advanced Info Service (AIS) has launched its Evolution Experience Center (AIS EEC), the first digital innovation center in Thailand Digital Valley in Chon Buri province, with the aim of becoming a “hub of learning” about 5G infrastructure technology and related platforms.

The center offers hands-on experiences testing tech applications for business and industrial transformation, said Phupa Akavipat, AIS’s acting chief enterprise business officer. Continued … 

Petroleum sector again tops 10 biggest revenue earners in Thailand

The petroleum sector was Thailand’s top revenue-generating industry, with 3.84 trillion baht, according to the Thai Department of Business Development survey of the top 10 industries with the highest revenues based on financial statements for 2023.

Department Director-general Oramon Sapthaweetham said that the department had analyzed financial data and business performance to assess the overall and detailed economic growth trends in the country. Continued … 

Pattaya’s future rings in with 5G Smart City initiative

Pattaya City and National Telecom (NT) have embarked on a collaboration to develop the 5G Pattaya Smart City project. On Tuesday, Pattaya City Mayor Poramase Ngampichet and NT President Colonel Sapphachai Huwanan formalized this partnership by signing a memorandum of understanding (MOU) at Pattaya City Hall.

This initiative focuses on integrating advanced technologies such as 5G Internet, artificial intelligence (AI), and the Internet of Things (IoT) to enhance city management. A pivotal component of the project is the installation of smart poles across Pattaya City, aimed at boosting 5G internet accessibility and improving the quality of life for both residents and visitors. Continued … 

Domestic Tourism Faces Shortfall to 1.2-Trillion-Baht Spending Target

Thailand’s domestic tourism spending is projected to fall short of the government’s ambitious 1.2 trillion baht target, owing to economic concerns and rising travel costs, according to the Tourism Authority of Thailand (TAT).

Somradee Chitchong, TAT’s deputy governor for domestic marketing, expressed confidence that domestic trips would hit 210 million this year, surpassing their initial target of 200 million. Continued … 

A common ASEAN visa may be too ambitious to realise

In April, Thai Prime Minister Srettha Thavisin proposed a Schengen-like visa program with some of his ASEAN counterparts. Srettha’s plan envisages a single or common visa area for the mainland ASEAN states of Cambodia, Laos, Malaysia, Myanmar, Thailand and Vietnam. If the plan follows the EU model, short-stay visitors would, with a single application, have access to the six countries for up to 90 days.

The initiative seeks to boost tourist numbers beyond their pre-COVID levels. In 2023, tourist arrivals to ASEAN countries sat at roughly 70% of their pre-COVID level, with Thailand leading at just north of 28 million, still far shy of its 2019 peak of nearly 40 million. Continued … 

AirAsia to operate flights betweeen Kuala Lumpur and Chiang Rai

AirAsia will be launching a direct route from Kuala Lumpur to Chiang Rai starting on Nov. 2 with three weekly flights.

To celebrate this addition, the airline is offering free seats for the inaugural flights. The free-seat promotion applies to the base fare for one-way flights, excluding airport taxes, MAVCOM fees, fuel surcharges, and other charges. All-in fares start from 186 Malaysian Ringgits (about 1,452 baht) one way. Continued … 

Volcanic durian from southern Thailand creates year-long wait list

A surge in demand has led to a year-long wait list for the unique volcanic durian grown exclusively in southern Thailand, which boasts a GAP certification ensuring its safety and quality. This particular variety is reported to be twice as delicious as the commonly known Monthong durian.

At the heart of this phenomenon is Saiyut Jannsawang’s orchard in Na Khao Sia village, Trang province. Saiyut, a retired agricultural officer, turned to durian farming post-retirement and now manages a 15-rai (approximately 6-acre) plantation, the first in southern Thailand to cultivate volcanic soil durian. The orchard, which is the only one in the region, has received a GAP (Good Agricultural Practices) certification from the Department of Agricultural Extension, verifying it as a chemical-free durian farm. Continued … 

‘Rockstar’ Lisa’s new video filmed in Yaowarat hits 5M views in 3 hours

The new video from Lalisa “Lisa” Manobal passed 5 million views merely three hours after it was posted on YouTube. By then the video for Lisa’s latest single Rockstar had been seen 5.1 million times and the viewership was continuing to accelerate.

Video 

The music was the talk of the town in Thailand, as most parts of the single were filmed in Bangkok’s Yaowarat district. It shows the superstar of K-pop group Blackpink singing and dancing on a road in the capital’s famed Chinatown. Continued … 

10 things to know before you go to Chiang Rai

The northernmost major city in Thailand, Chiang Rai lies between two mountain ranges on the Kok River plain southwest of the border with Laos and Myanmar. Older and quieter than its bustling neighbor Chiang Mai, both the city and Chiang Rai province at large offer a gateway to authentic northern culture and cuisine, from the mist-covered rice fields and mountain villages of Doi Mae Salong to the Buddhist temples and steaming food stalls of the capital district.

The beer is cheap and the larb is fresh, but Chiang Rai is more than all that. Expect riverside craft cocktails, experimental fine dining and a happening contemporary art scene. These 10 bits of local wisdom will help get you started. Continued … 

There’s a reason why Khao Lak is known as ‘Little Thailand’

The smell of coffee fills the warm, humid tropical air. Before a cave in the rainforest, some men have heated water in a bamboo tube over an open fire and then prepared a jet-black brew. This isn’t only for the tourists, but a tradition in southern Thailand. The drink is served, likewise, from cups made of bamboo.

Sipping their coffee, the visitors look out on the Sok River, where the rafts on which they came are bobbing peacefully. Cherry-red dragonflies buzz above the water, an army of ants marches across the sandy soil, and high up in the tree is the sound of exotic birds singing away. Continued … 

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
climate change, exports, hua hin, marijuana, real estate, retirement, thai economy, thai environment, thai food, thailand, thailand festivals, tourism

Thursday’s news-June 27

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Navigating new foreign income rules

The Revenue Department is studying the feasibility of amending the Revenue Code to align with the principle of worldwide income.

The proposed amendment may require individuals who reside in Thailand for at least 180 days, whether continuously or not, to pay taxes on income earned abroad, even if the income is not brought into the country. Continued … 

Heavy rain and flash flood warnings issued across Thailand

The Thai Meteorological Department (TMD) has issued a warning for heavy rain across all regions of Thailand, cautioning residents to beware of flash floods and overflowing rivers. The Andaman Sea and the Gulf of Thailand are expected to see high waves.

The forecast for the next 24 hours indicates that a monsoon trough will pass through the northern and upper northeastern regions. Meanwhile, the relatively strong southwest monsoon covering the Andaman Sea, the southern region, and the Gulf of Thailand is beginning to weaken. Continued … 

Email link – kenbrown@businessclassasia.com

Top 10 international schools in Thailand

Thanks to its large global population, Thailand is home to a significant number of international schools. These schools offer a range of world-class curricula, such as the International Baccalaureate (IB), British, American, and Singapore curriculum, which attracts both expatriate families and local residents looking for top-tier education for their children.

However, the abundance of options means choosing the right school can be overwhelming. So, if you’re leaning toward an international school in Thailand, we’ve compiled a list of the top 10 schools to simplify your decision-making process. Continued … 

Thailand reduces school hours in major curriculum overhaul

Thailand’s Ministry of Education has announced an ambitious overhaul of the national curriculum, aiming to reduce school hours and incorporate more practical and tech-based learning.

The Office of the Basic Education Commission (OBEC) is leading this initiative. Thanu Wongjinda, OBEC secretary-general, disclosed that the plan necessitates a panel’s establishment to review the curriculum, last updated in 2008. This step aims to modernize the educational framework to meet global standards. Continued … 

Strong Thai Public Support For Cannabis Reclassification

Public Health Minister Somsak Thepsuthin has opened discussions about the potential reclassification of cannabis as a type 5 narcotic, following a public consultation period from June 11-25.

This consultation saw around 100,000 participants, with over 80% reportedly supporting reclassification, according to Thepsuthin. During a press conference yesterday, Thepsuthin addressed widespread public and industry concerns. Continued … 

Thailand destroys over 20 tons of narcotics on anti-drug day

Thailand burned more than 20 tons of confiscated narcotic drugs worth 6.45 billion baht (about US$175 million) on Wednesday to mark the International Day Against Drug Abuse and Illicit Trafficking, authorities said.

The destroyed illicit drugs, seized from 41,800 cases and primarily consisting of methamphetamine, were part of the country’s comprehensive strategy, encompassing prevention, suppression and rehabilitation measures, said Public Health Minister Somsak Thepsutin. Continued … 

Bank of Thailand Forecasts Modest Growth for Remainder of 2024

The Bank of Thailand anticipates slower economic growth in the upcoming third and fourth quarters, attributing this to a high base effect. According to Piti Disyatat, secretary of the central bank’s Monetary Policy Committee (MPC), second-quarter GDP is expected to grow by 1% from the previous quarter, a decline from the 1.5% growth observed in the first quarter. These projections were shared during a monetary policy forum held yesterday.

The central bank now estimates the growth rate for the third and fourth quarters to be between 0.6% and 0.7% per quarter due to the high base effect. Despite this deceleration, economic activities are predicted to increase, driven by improved domestic demand, a recovery in tourism, and accelerated government budget disbursement. Continued … 

Factories closing as cheap imports flood Thailand

Many local factories producing electronics, steel and plastics have shuttered this year as purchase orders shrink and cheap imports flood the Thai market, says the Industry Ministry. The shutdowns were ranked based on the investment value of the factories.

“The closed electronic parts and printed circuit board factories had the highest investment value of 2.29 billion baht,” said Industry Minister Pimphattra Wichaikul. Continued … 

Email link: sivanavillas@gmail.com

Digital Wallet Scheme Delayed Over Detail Shortage

The House Budget Scrutiny Committee has decided to place the 152.7-billion-baht budget for the government’s digital wallet scheme on hold, citing insufficient details about the project.

Takorn Tantasith, a Thai Sang Thai party-list MP and a member of the committee, revealed that the committee demanded comprehensive details from the Office of the Permanent Secretary of Finance before they could approve the funding. Continued … 

Ministry vows more stimulus on the way

Deputy Finance Minister Julapun Amornvivat says other stimulus measures will be introduced this year in addition to the digital wallet handout. He said the government is considering other measures on top of the digital wallet scheme, which is scheduled to start in the fourth quarter.

More information about the new measures may be presented at the next economic cabinet meeting scheduled for next week, said Julapun. Continued … 

Phenix Project Launched to Boost Global Food Wholesale Hub Ambitions

Prime Minister Srettha Thavisin has officially launched the Phenix project, an ambitious initiative designed to establish Thailand as a global food wholesale hub.

The project, supported by Thailand’s leading real estate group, Asset World Corp. (AWC), aims to attract global food industry professionals and promote Thai cuisine on the international stage. Continued … 

Food delivery players lose 20.7 billion baht

Thailand’s online food delivery sector is becoming more sustainable with fewer players, according to an industry observer. Over the past three years, the industry’s major players have racked up combined losses of 20.7 billion baht from 110 billion baht in revenue.

Pawoot Pongvitayapanu, an e-commerce founder, said the industry would be more stable and sustainable as existing players find new growth engines, such as advertising enterprises. Continued … 

Investment in Phuket real estate continues to surge

Conflicts and geopolitical issues in several parts of the world are prompting many people from the Western Hemisphere to turn their attention to the East, both in terms of investment and purchasing homes.

Phuket, long a coveted destination for foreigners seeking a second home, has seen a continuous increase in demand. The sales of real estate and resorts in Phuket have doubled, from 1,500 units sold in 2022 to over 3,000 units in 2023, and the growth shows no signs of stopping. Continued … 

Google inks cloud partnership in Thailand with Gulf

Google Asia Pacifi and Gulf Energy Development have teamed up to conduct cloud operations in Thailand in a strategic partnership that could open doors to future cooperation in cybersecurity and artificial intelligence (AI).

Gulf on Tuesday notified the Stock Exchange of Thailand that its wholly owned subsidiary Gulf Edge Co. had entered into a partnership with Google to operate Google Distributed Cloud (GDC) air-gapped configuration as a managed GDC provider (MGP) for organizations in Thailand. Continued … 

Motorbike sales fall as banks cut back on lending

Thailand’s motorcycle manufacturing and sales are declining this year as the economy falters, attributed to high household debt and weak consumer purchasing power, says the Federation of Thai Industries (FTI).

People are cautious about spending because of uncertainty about the sluggish economy, while several companies recently decided to lay off a total of 10,000 workers to control operating costs, said Surapong Paisitpatanapong, vice chairman of the FTI and spokesman for the federation’s Automotive Industry Club. Continued … 

Thailand Targets 2.4 Million Indian Tourists with Visa-Free Policy

The Tourism Authority of Thailand (TAT) has revised its target for Indian tourist arrivals from 2.3 to 2.4 million this year, spurred by the recently introduced visa-free policy for Indian nationals. This visa waiver program, which permits 60-day visa-free stays, applies to citizens of 93 countries and will remain effective until November 2024.

TAT Gov. Thapanee Kiatphaibool stated that Indian arrivals are anticipated to exceed 1 million by the end of this month, almost reaching half of the initial target of 2.08 million for the year. The revised target aims to contribute to the government’s goal of attracting 36.7 million tourists and generating 3.5 trillion baht in revenue in 2023. Continued … 

Samui Task Force Cracks Down on 52 Foreign Villas with Hidden Rentals

The task force addressing state land encroachment on Samui Island is preparing to prosecute the owners of 52 villas for violating three laws: the Hotel Act, the Environmental Act, and the Building Control Act.

The Internal Security Operations Command Region 4 received complaints about construction on steep terrain in Koh Samui, Surat Thani Province, violating environmental and building control laws. Some properties were also operating as unlicensed hotels. Continued … 

Lalisa showcases Bangkok’s Chinatown in latest music video

Thailand’s very own K-pop princess, Lalisa “Lisa” Manoban of the Blackpink girl group, took the internet by storm on Wednesday when she released a 10-second teaser of her latest song, “Rockstar”.

The teaser of the song, scheduled for official release on Friday, showcases several spots in Bangkok’s Chinatown in the evening, including Yaowarat Road, the New World Banglamphu shopping mall and a tattoo parlor. Continued and video … 

Ubon Ratchathani stages Candle Festival

To mark Khao Phansa Day, the beginning of Buddhist Lent, the northeastern town of Ubon Ratchathani invites Buddhist pilgrims and tourists to take part in its annual Candle Festival featuring unique religious rituals and cultural activities throughout July.

From July 1-18, visitors are welcome to observe and learn how to carve and decorate wax candles using traditional techniques, as skilful artisans gather in their communities. There will be artworks depicting Lord Buddha’s life, mythical Himmapan creatures and the Ramakien epic. Continued … 

Myanmar’s middle class shrinks by 50% as 42 million face poverty

Myanmar’s middle class has shrunk by 50% over the past three years, while 42 million people are now facing poverty and hardship, according to a report released by the United Nations Development Program (UNDP) on June 24. Continued … 

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
climate change, hospitality, hua hin, medical tourism, prauchuap khiri khan, real estate, thai economy, thai environment, thailand, thailand festivals, tourism, transportation

Wednesday’s news-June 26

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To our readers: If you normally access our news from our Facebook page, there may be some temporary disruption due to hacking. We currently cannot access the page and do not know if readers are able to, or if our daily posts are posted there. We are working on the problem.

Please welcome of newest Sponsor …

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11th Pa La-U Fruit and Good Products Festival starts tomorrow

The Hua Hin district chief is inviting everyone to taste the renowned Pa La-U durians at the 11th Pa La-U Fruit and Good Products Festival, scheduled to take place from June 27 to July 3.

This year’s event will showcase grade A durians selected from local orchards, available to consumers for Bt250 per kilogram. Continued … 

Customs officials ‘helped’ supercar importers dodge Bt897 million duty

Graft-busters accuse seven customs officials of helping supercar importers evade duty totalling 897 million baht by accepting unrealistically low car valuations.

Niwatchai Kasemmongkol, secretary-general of the National Anti-Corruption Commission, said on Tuesday that the panel found irregularities in the importing of 29 Lamborghini cars by Jubilee Line Co. and Benznakarin Auto Group and 33 Maserati cars by Ferma Motor Co., between 2011 and 2014. Continued … 

Email link – kenbrown@businessclassasia.com

Teen becomes police officer to hunt grandfather’s killer of 16 years

A 15-year-old boy, determined to become a police officer after his grandfather was murdered, spent the next 16 years hunting down the killer – until he finally succeeded. This real-life story surpasses any drama.

On Oct. 26, 2008, 81-year-old farmer Phrom Krodkaew was brutally murdered in Phanom, Surat Thani. That day, Phrom and his wife went to work on their farm as usual but split up to work on different parts of the land. Shortly after, villagers informed Phrom’s wife that he had been killed with a machete and axe. Continued … 

Young people ignorant of vaping risks, survey finds

More than 60% of young people in the country think e-cigarettes can help them quit smoking regular cigarettes, while over 50% believe nicotine is a healthy substance, a survey has found.

The survey of 40,164 people aged between 6 and 30 was conducted between May 1-27 to learn more about their awareness of e-cigarettes and vaping behaviour, said Dr. Sura Wisetsak, director-general of the Department of Health Service Support (DHSS). Continued … 

Feuding Top Thai Cops Reinstated After Suspension Controversy

In an unexpected twist, Thailand’s suspended top policemen, Police Gen.Torsak Sukvimol and his deputy Police Gen. Surachate Hakparn, have been reinstated to their posts.

Both were sidelined in March under corruption suspicions involving high-stakes online gambling, but a prime minister-appointed committee cleared them, prompting their return. Continued … 

Thai Post Launches Euro 2024 Contest with 10 Million Baht in Prizes

Thai Post launched its Euro 2024 contest with a road show through Phuket Town yesterday. This nationwide campaign aims to boost public enthusiasm for the UEFA Euro 2024 Championship in Germany, offering over 10 million baht in prizes.

Assistant Postmaster of Phuket, Piyavit Siksamat, announced the collaboration between Thai Post and Thairath, themed “Cheer Football with Passion, Celebrate with Fortune Anywhere, Anytime.” The contest features a grand prize of 6.5 million baht, along with cash, cars, gold, and other rewards. Continued … 

Seized drug assets to fund addict rehabilitation in Thailand

Public Health Minister Somsak Thepsutin endorsed initiatives to allocate seized assets from narcotic drug cases toward funding the rehabilitation of drug addicts.

Somsak revealed that during his tenure as the Justice Ministry chair, he had amended several narcotic laws, particularly those concerning asset seizures. He noted that the previous laws were too passive, resulting in only 20 million baht annually being directed to the Office of the Narcotics Control Board’s (ONCB) narcotic drug fund. This amount, he argued, should have been significantly higher. Continued … 

Thailand’s status unchanged in US trafficking report

Thailand remains on Tier 2 for the third consecutive year in the 2024 Trafficking in Persons Report issued by the United States this week.

The report said the Thai government had made significant efforts to improve its performance since being upgraded from the Tier 2 Watch List three years ago, but has still not fully met the minimum standards for eliminating trafficking. Continued … 

Swiss Barber Arrested for Illegal Work and Taunting Thai Police

Continued … 

Increasing foreign ownership limit for condos would boost economy

The Thai Real Estate Assn. is backing the government’s proposal to increase the foreign ownership limit for condominiums, as it expects such a move would boost the domestic economy, its president, Meesak Chunharakchot, said on Tuesday.

His comment was in response to the Interior Ministry’s proposal to the cabinet to increase foreign ownership from 49% to 75%, with leases extended for up to 99 years. Continued … 

Srettha denies ‘selling off’ the country

Prime Minister Srettha Thavisin on Tuesday dismissed claims by critics that a government proposal to raise the foreign ownership quota in condominiums and offer longer land leases is tantamount to “selling off the nation”.

“It is about long-term leases, not selling land. It has nothing to do with selling the nation,” the prime minister said. Continued … 

Foreign Condo Transfers in Thailand Hit 6-Year High in Q1 2024

Acting director of the Real Estate Information Center Vichai Viratkaphan revealed that ongoing observation of condominium ownership transfers by foreigners has shown that the country’s reopening to foreign tourists since 2022 has had a positive impact on the growth of tourism.

The Thai government considers the tourism industry a key economic growth driver, combined with domestic factors that have greatly increased the demand for foreign condominium purchases. The number and value of ownership transfers exceeded the levels observed before the COVID-19 pandemic in 2018-2019. Continued … 

Email link: sivanavillas@gmail.com

New foreign business investment rises 58% in first 5 months

Investment by new foreign businesses rose 58% in the first five months of this year compared with the same period last year, the Department of Business Development announced on Tuesday.

Newly registered foreign firms rose 16% to 317 and invested a combined 71.702 billion baht in Thailand from January to May 2024. They hired 1,212 Thai employees, a fall of 60% from the 2,999 Thais hired by new foreign firms during the same period of last year. Continued … 

Thailand’s auto production falls 16.2% in May

The Federation of Thai Industries (FTI)’s Automotive Industry Club announced on Tuesday that Thailand’s auto production in the month of May had dropped by 16.2% year on year to 126,161 vehicles.

Surapong Paisitpattanapong, vice president of the FTI’s auto club, said the drop in production in May compared to last year was mainly attributed to fewer pick-up trucks and sedans manufactured for the local market. Continued … 

Thailand imports shrimp from Ecuador amid local production crisis

Thailand, once the world’s leading shrimp exporter, now finds itself importing shrimp from Ecuador. Prime Minister Srettha Thavisin directed the Department of Fisheries to investigate and report back in the next Cabinet meeting.

The nation, which used to produce and export 600,000 tons of shrimp annually, now produces only 200,000 tons. This significant decline has necessitated the importation of shrimp, primarily from Ecuador, leading to a drop in Thai shrimp prices and severe financial hardship for local shrimp farmers. Continued … 

Business cloud software giant Infor targets Thailand’s potential

Infor, a global leader in business cloud software, has identified Thailand’s manufacturing sector as a key potential market in Southeast Asia, as the country continues to digitize under the Thailand 4.0 policy, its CEO Kevin Samuelson said.

His remarks came during a field trip to Bangkok on June 20, where he addressed the country’s digital transformation journey, the technology landscape, and the role and trend of artificial intelligence (AI), particularly the emergence of generative AI (GenAI). Continued … 

Public cloud spending set to soar

Worldwide end-user spending on public cloud services is forecast to grow by 20.4% to $675 billion in 2024, from $561 billion in 2023, according to the latest forecast from Gartner Inc. The growth is being driven by demand for generative AI (GenAI) and application modernization.

Organizations in Thailand are expected to spend $1.8 billion on public cloud services, an increase of 30.1% from 2023, the technology research and consulting group said. Spending on infrastructure-as-a-service (IaaS) will have the largest growth with an increase of 39.6%, followed by platform-as-a-service (PaaS) at 26%. Continued … 

Support from all sides needed to fulfil Thailand’s medical hub dreams

Turning Thailand into a medical hub will require support from both the public and private sectors, survey findings from the Department of Health Service Support and Bank of Thailand (BOT) show.

The central bank said Thailand ranked 17th in the Global Healthcare Accreditation Medical Tourism Index between 2020 and 2021, adding that most foreign patients come to the country for cosmetic or orthopaedic surgery and dentistry. Continued … 

Thai-EU FTA talks showing very good progress, says agency

The third round of free-trade talks between Thailand and the European Union went smoothly, leaving plenty of room for the fourth round later this year, the Department of Trade Negotiations (DTN) said.

Chotima Iemsawasdikul, DTN director general, said the third round was held in Brussels from June 17 to 21 and was mostly positive. Continued … 

EVA Air Secures SKYTRAX Excellence Award

SKYTRAX, an airline and airport review and ranking site, unveiled its “2024 Global Airline Awards” at the Fairmont Windsor Park on June 24. EVA Air President Clay Sun attended on behalf of EVA and accepted 16 of the airline’s awards, including an eighth-place ranking among the “World’s Top 10 Best Airlines” and first place for “Best Premium Economy Class Airline Catering” and “Best Premium Economy Class Onboard Catering in Asia.”

EVA also earned distinction as one of only 10 SKYTRAX Five-Star Airlines for nine consecutive years. Continued … 

Why Vietnam Has Become a Promising Alternative for US Businesses in Asia

Following four decades since the end of the Vietnam War, Vietnam’s relationship with the U.S. has changed significantly. After the Vietnam War in 1975, the U.S. and Vietnam announced normal diplomatic relations on July 11, 1995.

This year, the U.S. and Vietnam commemorated 25 years of diplomatic relations – with the U.S. congratulating Vietnam on its ASEAN chairmanship and reaffirming its support for Vietnam, including peaceful resolution of disputes, rule of law, freedom of navigation, and unimpeded commerce, among others. Continued … 

Achieving PM’s target tourism revenue ‘worrying’, says tourism minister

Thailand has a long way to go to achieve the target of 3.5 trillion-baht tourism revenue in 2024 set down by Prime Minister Srettha Thavisin, thus all parties must cooperate to make it happen, Tourism and Sports Minister Sermsak Pongpanich said on Monday.

In his keynote speech titled “Thailand’s tourism direction and the government’s promotional policies” at the annual conference of the Thai Hotels Assn., Sermsak said that in the first five months of this year, Thailand has welcomed some 15 million foreign tourists and generated 1.1 trillion baht in revenue. Continued … 

Visa says rising costs hitting Asia-Pacific business travel

Rising travel costs, as well as economic and geopolitical concerns, have been affecting business travel from Asia-Pacific, while companies are investing more in digitalization to help manage their travel budget, according to Visa.

Chavi Jafa, head of commercial and money-movement solutions for Asia-Pacific at Visa, said companies might increase business travel over the coming years, but high travel costs and economic concerns continue to affect their sentiment. Continued … 

MICE market set to beat expectations

International visitors are expected to drive the MICE (meetings, incentives, conferences and exhibitions) segment in Thailand to exceed the target by 5% this year, which would help compensate for the sluggish domestic market.

Chiruit Isarangkun Na Ayuthaya, president of the Thailand Convention and Exhibition Bureau (TCEB), said the international market recovered strongly during the first three quarters of the 2024 fiscal year, which runs from October 2023 to June 2024, with 894,584 MICE arrivals generating almost 53 billion baht. Continued … 

Krabi Airport Taxi Rip-Off: 20km Trip Costs Tourist 2,500 Baht

A tourist has lodged a complaint with Krabi’s Damrongtham Center after facing an extortionate taxi fare at Krabi International Airport. The incident highlights the urgent need for regulation to protect the image of this popular tourist destination.

The tourist, in his 30s, landed at Krabi International Airport on June 22. After disembarking, he was approached by a taxi staff member within the airport. He needed to travel to Krabi City Hall and was quoted a fare of 2,500 baht. Continued … 

Thailand in Top 50 in 2024 Happiness Report

Thailand has been ranked among the top 50 happiest countries in the World Happiness Report 2024, underscoring its considerable appeal as a destination particularly favored by young people. This achievement highlights the country’s overall high levels of happiness, especially among those under 30.

The annual World Happiness Report, orchestrated by the United Nations (UN), the University of Oxford, and research firm Gallup, used data from the Gallup World Poll conducted between 2021 and 2022. Continued … 

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
baht, bangkok, climate change, hospitality, hua hin, pattaya, prauchuap khiri khan, real estate, thai economy, thai environment, thai food, thailand, tourism, transportation

Tuesday’s news-June 25

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Re: New tax on foreigner income

“It is upsetting the Thai tax authorities want to double tax expatriate retirees, etc. As most of us live on a fixed income, it is already difficult to pay for food, rent, utilities, etc.

“Many of us pay heavily to support a Thai family and outside relatives with consistent monetary support. Now we are to be burdened with additional taxation? In many countries where we originated from, we are already taxed heavily and every dollar counts.

“This new idea of double taxing expatriates will have unintended consequences for Thai revenue aspirations. Many retired people will not be able to pay more tax than they already are already paying in their home countries. Or, even if they are able, they will deeply resent being double taxed. This idea of double taxation will have unintended consequences for the Thai economy.

“Many of us who have bought homes and condos will sadly be leaving Thailand. Some of us who support entire Thai families will reluctantly be doing the same. Those who are renting homes or apartments can leave more easily. The Thai economy will be impacted by the exodus of retired expats. This is an ill conceived idea but I am sure this Thai double tax will continue to be enacted by the Thai tax enforcers.

“Many foreigners who have lived in Thailand for years or even decades will soon leave Thailand, and not look back. It feels like the Thai government, by double taxing us, does not want foreigner retirees to live in Thailand. If that is their goal then they will surely succeed.” – Left Already

(Editor note: Scores of countries already have tax agreements with Thailand that will protect expats living in Thailand from the planned tax. The author apparently hails from a country that does not have such a tax treaty with Thailand. Expats from those countries will definitely feel the effects.)

Lots of rain forecast for Hua Hin

The Thailand Meteorological Department has issued a weather warning, forecasting heavy rain for Hua Hin over the next week.

Thunderstorms are expected in 60% of the area, with heavy rainfall in some places such as Phetchaburi, Prachuap Khiri Khan, Chumphon, Surat Thani, Nakhon Si Thammarat, and Phatthalung. Temperatures will range from 23-27°C at the minimum and 31-34°C at the maximum.

Hua Hin International Contemporary Art festival June 25-July 13

The Hua Hin International Contemporary Art 2024 festival kicks off today, bringing artists from around the world to Hua Hin.

Nern Chalet Hotel Hua Hin, in collaboration with Dee Changmo, invites art lovers and enthusiasts to indulge in the pleasure of art and participate in various art workshops with 12 international artists from eight countries. Continued … 

Older banknotes pushed for occasions

The Bank of Thailand has requested consumers use banknotes that are already in circulation to mark special occasions, rather than demanding newly printed ones, to allow for the longer time frame that banknotes are now in circulation.

The present banknote circulation cycle – known as a first-in, first-out cycle – means banknotes are in circulation for around 10% longer than in the past. The extended turnover is primarily attributed to the increase in digital payments and the improved quality of banknotes. Continued … 

Wildlife rescuer removes snake that sought warmth in sleeping man’s boxers

A nightmare is more often than not just that — a nightmare. But sometimes it comes true, like when a sleeping man in Rayong, woke up to find a venomous snake nestled in his boxer shorts.

This led to a hasty snake-retrieval operation, which was uploaded onto a snake rescuer social site. The caption read: “A little cobra with big venom. It seeks warmth in human’s boxer shorts. Don’t catch the wrong snake!” Continued and video … 

Email link – kenbrown@businessclassasia.com

Traders bullish on outlook for gold prices

Traders expect gold prices to remain high over the next 3-5 years because of ongoing global economic uncertainty and geopolitical conflicts.

They recommend investors allocate 5%-15% of their portfolio to gold to diversify investment risk and hold the precious metal as a safe-haven asset. Continued … 

Uncovered: Trafficking of Thai Teenagers for Elderly Care in China

A new problem of trafficking Thai teenage girls for elderly care in China has been discussed in a meeting between Thai and Chinese authorities in Kunming, China.

According to a media report, the Central Investigation Bureau sent Anti-Trafficking in Persons Division police to coordinate with Chinese police in Yunnan Province to address human trafficking and call center gang issues. Continued … 

2 drunk Russian women attack Thai woman after Phuket car crash

Continued … 

From challenges to opportunity: Transforming Thailand’s capital market

In recent years, Thailand’s economy has navigated challenges from diverse sources, both domestic and international. Domestically, political instability has caused delays in budget disbursement, while external factors such as global conflicts affecting oil prices and the purchasing power of our trade partners have also exerted significant influence.

Additionally, the pandemic has severely impacted tourism and service sectors, key drivers of the Thai economy, resulting in a -6.1% GDP contraction in 2020, with ongoing recovery efforts. Continued … 

Thai economy buffeted by many negative factors, say economists

A decline in purchasing power, ineffective government expenditure, geopolitical risks and household debts could affect the Thai economy during the rest of the year, several economists warned on Monday.

Amonthep Chawla, the chief economist at CIMB Thai Bank, said the economy was being pressured by a drop in the purchasing power of the lower- to middle-income sector, as well as a slowdown in the recovery of the retail sector. Continued … 

Outdated laws said hindering growth

Thailand’s economy has become sluggish and can’t be salvaged by simply injecting money through programs such as the government’s 500-billion-baht digital money handout scheme, which will likely help stimulate the economy in only one or two quarters, according to former prime minister Abhisit Vejjajiva.

Abhisit also pointed to the need to speed up amending laws seen as obstacles to the development of both modern businesses using clean energy and that of the green economy, which he sees as an ideal cure for the country’s economic stagnation. Continued … 

Thai Hotels Object to 75% Foreign Condo Ownership Proposal

The Thai Hotels Assn. (THA) has openly criticized the government’s plan to permit foreign ownership of up to 75% in condominium units. The association fears the proposal could spark fierce price competition and disrupt the hospitality market. The concerns were voiced during a recent meeting focusing on key industry issues.

At the meeting, Tourism and Sports Minister Sermsak Pongpanich outlined Thailand’s tourism direction and government policies aimed at supporting the sector. He invited association members to openly discuss their challenges and provide feedback. Continued … 

PM Srettha races to transform Rayong and Chon Buri

Prime Minister Srettha Thavisin led a delegation to Rayong and Chon Buri on Sunday to inspect pivotal projects within the Eastern Economic Corridor (EEC).

At Rayong’s U-Tapao International Airport, Srettha scrutinized the progress of an ambitious project aimed at linking the airport with a high-speed rail network that will connect three major airports. Continued … 

Email link: sivanavillas@gmail.com

Thai Handicrafts to Drive Economic Growth, Says Deputy PM

Deputy Prime Minister Phumtham Wechayachai has prioritized enhancing Thai handicrafts to boost the national economy. This initiative is spearheaded by the Institute for the Promotion of Thai Arts and Crafts (SACIT).

In a directive issued at Bang Sai, Phra Nakhon Si Ayutthaya, Phumtham underscored SACIT’s mission to preserve and develop Thai handicrafts. He stressed the importance of Thai crafts as a form of soft power, crucial for economic growth and generating national revenue. Continued … 

Lopburi’s Monkey Control Efforts Revive Business Confidence

Efforts to get the monkey population under control are making progress and businesses in Lopburi Province are regaining confidence because they believe the problem is being tackled properly. Many companies are planning to revive instead of going out of business.

Damrongchai Market, for example, is rejuvenating its stalls to offer vendors over 60 blocks again, and the former shopping district known as “Heavy Alley” is being revitalized. In addition, the large department store “Apinya” has abandoned its plans to sell its property and is preparing to renovate the building, while launching promotions to attract customers. Continued … 

Three Thai airlines devising fundraising plans to exit rehabilitation

Nok Air, Thai AirAsia X and Thai Airways International (THAI) have come up with fundraising plans to exit rehabilitation now that business performance has greatly improved thanks to the tourism recovery following the Covid-19 pandemic.

Wutthiphum Jurangkool, Nok Air CEO, said on Monday that he has every confidence that the airline will exit the rehabilitation plan within two years, or in 2026. Continued … 

True’s growth in 5G revenue hits 15% per year

True Corp. has focused on expanding its 5G usage among tourists, with 60% of inbound visitors applying for its telecom service, and the company recording 5G revenue growth of 15% per year.

The company plans to expand its 5G coverage from 90% of the country’s population at present to 98% within two years, said Chief Executive Manat Manavutiveth. Continued … 

Plant-based market set to grow

Thailand’s plant-based food market is expected to grow around 10%, with the value estimated to reach 45 billion baht this year.

Following a recent workshop entitled “The Future of Essential Agricultural Products of Thailand: A Case Study of Plant-Based Food”, which was jointly organized by the Trade Policy and Strategy Office (TPSO) and Fiscal Policy Research Institute Foundation, Poonpong Naiyanapakorn, director-general of the TPSO, said plant-based food products are likely to grow rapidly in both the domestic and international markets. Continued … 

Flying Goose Aims for Top Sriracha Sauce Brand

Exotic Food Public Co. celebrated its 25th anniversary with a declaration to position its Sriracha chilli sauce as the world’s number one Thai sauce. For over 24 years, the company has exported Sriracha sauce under the Flying Goose brand and has consistently achieved all-time high profits.

The company specializes in manufacturing and distributing seasoning sauces, dipping sauces, curry pastes, and Thai culinary ingredients, as well as ready-to-eat and semi-ready-to-eat products like green curry, tom yum, and pad Thai. Continued … 

Increased Tourism from China Should Not Come at the Cost of National Sovereignty

In a bid to rejuvenate its tourism sector following the economic slump induced by Covid-19, Thailand has granted citizens of the People’s Republic of China (PRC) a temporary visa waiver, effective since September 2023. This initiative aims to boost the inflow of Chinese tourists, who constitute a significant portion of Thailand’s tourism market.

Additionally, Thailand signed an agreement with China for mutual visa exemption, which came into effect in March 2024. While these measures promise substantial economic benefits, they also raise serious concerns about the potential erosion of Thailand’s national sovereignty and security. Continued … 

Hotels worry as another German firm goes bust

Another tour firm in Germany has filed for bankruptcy, but the impact should be less than the recent FTI insolvency, according to the Thai Hotels Assn. (THA).

The THA recently acknowledged an alert from the Tourism Authority of Thailand (TAT) that Itravel, a luxury tour company based in Cologne, officially filed for bankruptcy this month. Continued … 

Qatar Airways 2024’s best airline, Bangkok Airways best regionally

Qatar Airways has been named the best airline in the world for 2024, overtaking last year’s champion, Singapore Airlines. Meanwhile, Bangkok Airways secured the title of the world’s best regional airline for the eighth consecutive year, according to Skytrax’s World Airline Awards.

Qatar Airways achieved the top spot in the annual rankings, while Singapore Airlines fell to second place. Emirates landed in the third position, followed by ANA All Nippon Airways in fourth, and Cathay Pacific in fifth. Continued … 

Top tourist destination Barcelona plans to shut all holiday apartments by 2028

Barcelona, a top Spanish holiday destination, announced on Friday that it will bar apartment rentals to tourists by 2028. This unexpectedly drastic move is part of a larger effort to rein in soaring housing costs and make the city livable for residents.

The city’s leftist mayor, Jaume Collboni, said that by November 2028, Barcelona would scrap the licenses of the 10,101 apartments currently approved as short-term rentals. Continued … 

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
bangkok, chiang mai, exports, healthcare, hua hin, immigration, medical tourism, pattaya, phuket, real estate, thai economy, thai food, thailand, tourism, transportation

Monday’s news-June 24

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Ease foreign tax burden

The recent proposal to amend Thailand’s foreign income tax regulations has sparked significant debate among expatriates and international investors. This move has raised numerous concerns that urgently need to be addressed.

Thailand’s new foreign income tax regulations, effective Jan. 1, 2024, aim to expand the tax base and tackle tax avoidance by requiring tax on foreign income regardless of when it is brought into the country. Continued … 

French Ambassador visits Hua Hin

The French ambassador, accompanied by key consular officials, met with officials in Prachuap Khiri Khan and Hua Hin on Friday.

The purpose of this visit was to discuss topics of mutual interest between the French Republic and Prachuap Khiri Khan Province, as follows: Continued … 

Hua Hin International School

International School Costs Rise in Thailand

Parents of students in Thailand’s international schools are facing heftier bills as education costs climbed to 2.75 billion baht in 2024. This uptick, a 1.9% increase from the previous year, covers essentials like learning materials, uniforms, and shoes.

There’s also been a slight decline in spending on cram schools and special training, down by 0.7% to 1.49 billion baht, as parents trimmed back on extracurricular activities amid economic uncertainties. Continued … 

Heavy rainfall warning issued across 56 Thai provinces

The Meteorological Department of Thailand (TMD) issued a warning for heavy rainfall across 56 provinces in Thailand today, affecting 70% of the area, including Bangkok. The public is advised to be cautious of potential flash floods and sudden water surges.

The TMD forecasts 24 hours of intense weather conditions due to a strong southwest monsoon covering the Andaman Sea, Thailand, and the Gulf of Thailand, combined with a monsoon trough passing through the northern and upper northeastern regions into a low-pressure area over the northern coast of Vietnam. Continued … 

Thailand Influenza Outbreak: 14 Deaths and Over 180,000 Affected

The recent surge in influenza has claimed 14 lives and affected more than 180,000 individuals across the country since the beginning of the year, as reported by the Department of Disease Control (DDC).

Director-General Thongchai Keeratihatthayakorn addressed the public’s concerns regarding the severity of the circulating influenza strains. While emphasizing that influenza is typically a mild respiratory infection treatable with standard medical care, he acknowledged that in some cases it can lead to serious intercurrent infections, increasing the risk of fatal outcomes. Continued … 

Construction of last three double-track rail routes approved

The State Railway of Thailand (SRT) has revealed that the last three double-track railway routes have been approved for construction, with an estimated investment of more than 164 billion baht.

The 678-kilometer routes were part of a total of seven double-track railway megaprojects. They include the 168.2km Chumphon-Surat Thani route, costing 30.4 billion baht; the 321km Surat Thani-Songkhla route (66.2 billion baht); and the 189km Denchai-Chiang Mai route. Continued … 

American looks for dad’s Thai ex-girlfriend during Vietnam War

A user in the Reddit social network has posted his intention to look for a former Thai girlfriend of his father who was near the northeastern province of Nakhon Phanom during the Vietnam War.

He wrote late last week that his father, a white American, had been near Nakhon Phanom between 1968 and 1971 and missed his Thai girlfriend who was called “Oi”. The social platform user wrote he would like to know more about her. Continued … 

Phuket’s soaring costs squeeze expats and locals alike

Phuket and Thailand, once an oasis for budget-conscious expats seeking an idyllic escape, now face a harsh reality. The cost of living has skyrocketed since 2022, squeezing not just frugal expats but also Thai households already grappling with stagnant wages and high inflation.

This isn’t just about cutting back on beach-side cocktails; basic necessities like food are becoming increasingly expensive. Continued … 

  •  French ‘Cult Leader’ Held for 3-Month Visa Overstay in Thailand – Continued …
  • British pedophile’s 30-year Thai escape leads to 30 new charges – Continued …
  • Foreign man caught urinating on tuk tuk amid traffic jam in Phuket – Continued …
Email link – kenbrown@businessclassasia.com

Darkest days before the dawn

The economy is currently at one of its bleakest points, but economic experts expect the situation to bottom out in the second half of the year now that the national budget has been rolled out.

Things usually seem to be at their worst just before they get better, and the same can be said for the Thai economy, according to Nonarit Bisonyabut, an economist at the Thailand Development Research Institute (TDRI). Continued … 

Ministry keeping a close eye on prices

The Commerce Ministry is monitoring prices in 18 categories during the second half of the year, following an increase of up to 9% in transport costs for the logistics sector.

According to Wattanasak Sur-iam, director-general of the Internal Trade Department, the 18 categories being monitored are: instant noodles, fresh food, canned food, bagged rice, seasoning sauce, vegetable oil, carbonated drinks, milk and dairy products, electrical appliances, laundry products, fertilizers, insecticides, pet food, iron, cement, paper, medicine and medical services, and services through retail and wholesale channels. Continued … 

Thai PM Defends Changes to Property Rules for Foreign Buyers

Prime Minister Srettha Thavisin has defended new regulations easing property restrictions for foreign buyers in a bid to attract international investment.

The controversial changes would allow foreigners to own up to 75% of condominium units and extend property leases to 99 years. This move, widely criticized for favoring capitalists, aligns with international practices, according to the prime minister. Continued … 

Raising the Cap on Foreign Condo Ownership: A Potential Game-Changer?

The Thai government is considering changes to real estate laws to attract more foreign investment. Proposed amendments include extending land lease periods to 99 years and increasing the allowable foreign condo ownership quota to 75%.

These changes are intended to stimulate the real estate market, boost foreign confidence and investment, and address the decline in property sales. The amendments would also provide long-term residence options for foreigners and make city properties more affordable for locals. Continued … 

New regulations to protect online shoppers

The Thai government has announced new regulations known as “Dee-Delivery” to better protect online shoppers. Minister of the prime minister’s office, Jiraporn Sinthuprai, revealed these measures aimed at enhancing transparency and combating online fraud while speaking at a press conference.

Taking effect this July, as soon as they are published in the Royal Gazette, these regulations will usher in stricter oversight of online transactions. Continued … 

Businesses severely impacted by declining purchase power

The business sector is in turmoil as purchasing power continues to deteriorate. Retail and wholesale businesses, as well as restaurants in provincial areas, are experiencing a 30%-40% drop in sales, raising concerns that liquidity issues may spread further.

Business operators are urging the government to support stimulus measures like the “half-half” scheme, the co-payment package introduced following Covid, and the blue flag program to address the cost of living crisis. They view the digital wallet initiative as ineffective for small businesses due to its complex conditions and slow fund transfers. Continued … 

Thailand’s House Approves 3.75 Trillion Baht Budget for 2025

Thailand’s House of Representatives has approved the 3.75-trillion-baht budget for the 2025 fiscal year. The decision came after a parliament session that saw 311 votes in favor, 175 against, and two abstentions. A 72-member House committee, including both government and opposition figures, will now scrutinize the bill over the next 30 days.

Deputy Prime Minister and Commerce Minister Phumtham Wechayachai expressed gratitude toward the MPs and urged the committee to incorporate their recommendations. Continued … 

Political risk weighs on economy

Thai politics is nearing a turning point, as next month the political fate of Prime Minister Srettha Thavisin and the leader of the opposition Move Forward Party (MFP) are scheduled to have their cases decided by the Constitutional Court.

There is uncertainty about the rulings, slated for July 3 for the dissolution case against the MFP and July 10 for Srettha’s case, with the business sector concerned about the effect on the Thai economy if the current administration is disrupted. Continued … 

Hotels to get fee waiver extension

The Interior Ministry will ask the cabinet to keep the present waiver on operation fees for hoteliers for another two years to support the recovery of the tourism sector, says Interior Ministry spokeswoman Traisuree Taisaranakul.

Under the draft regulation, hotel operators will be exempt from paying the 40-baht-per-room annual fee for a further two years from July 1 this year to June 30, 2026, she said. Continued … 

Email link: sivanavillas@gmail.com

Four fruits help shore up Thailand’s export growth in May

Durian, mangosteen, longan and mango are the four rising-star fruits that contributed to Thailand’s export growth in May, according to the Commerce Ministry.

According to the report, the volume of these four seasonal fruits increased the country’s exports by 7.2% last month to 960.22 billion baht, resulting in a surplus for the first five months of the year. Continued … 

Thailand to rake in Bt7.5 billion from films

The Ministry of Tourism and Sports expects Thailand to earn 7.5 billion baht from foreign film productions this year, a 10% hike compared with last year’s figure.

Tourism and Sports Minister Sermsak Pongpanich yesterday said the ministry was confident the target was achievable, especially after the filming of White Lotus Season 3, a hit HBO series being shot in Bangkok, Phuket and Koh Samui. Continued … 

AI to impact less than 4% of Thailand’s service sector jobs

Artificial intelligence (AI) is projected to have a limited impact on employment in Thailand, with fewer than 4% of service sector workers at high risk of being replaced by the technology, according to Kasikorn Research Center (K-Research).

A study conducted by Microsoft and LinkedIn revealed that 74% of Thai business leaders, compared to 66% globally, stated they would not hire candidates lacking AI skills. Continued … 

What are the potential economic benefits of legalized same-sex marriage?

Thailand’s senate has approved the final reading of a significant marriage equality bill, clearing the path for the country to potentially become the first in Southeast Asia to legalize same-sex marriage.

But beyond the social and legal implications, could the bill also have a positive impact on Thailand’s economy? Some experts and activists think so. They argue that legalizing same-sex marriage would boost the country’s tourism industry, attract foreign investment, and foster a more inclusive and productive workforce. Continued … 

Thailand Extends Free Tourist Insurance Until Year-End

Thailand’s Ministry of Tourism and Sports has extended its free insurance campaign for international visitors until the end of December. Originally slated to expire on Aug.31, the program has been in place since Jan. 1 and offers critical coverage for accidents, emergencies, and deaths.

The extended insurance program provides substantial coverage: up to 1 million baht for cases of death, 300,000 baht for incidents resulting in permanent disabilities or organ loss, and up to 500,000 baht for medical expenses due to accidents. Continued … 

Thailand Welcomes 16 Million Tourists in 2024, Sees Surge in Middle Eastern Visitors

Thailand recorded 16 million foreign tourists from Jan. 1 to June 16 of this year, according to the figures released by the Ministry of Tourism and Sports.

The ministry on June 19 reported that the Eid al-Adha Islamic holiday led to a significant 97.8% increase in tourists from the Middle East. There were also increases in tourists from Malaysia, Indonesia, and Singapore by 33%, 37.7%, and 17.9%, respectively. Continued … 

Thai private hospitals seek to capitalize on medical tourism

Private hospitals in Thailand have expanded their services, such as opening new medical centers and adopting new technology, in a bid to penetrate the global medical-tourism market.

According to an economic forecast by TMBThanachart Analytics, Thai private hospitals are expected to generate more than 322 billion baht in revenue this year, up 4% from the previous year’s 314 billion baht. Continued … 

Khao Sak National Park

Foreign Tourist Surge Boosts Thai National Park Revenue by 21%

Marine national parks on both the Andaman coast and the Gulf of Thailand have increasingly attracted more foreign tourists this year. The revenue in nine months has surpassed that of the entire budget year of 2023, increasing 21%.

On June 22, the National Park Office released information on national park fee collection for the first nine months of the fiscal year, from Oct. 1, 2023, to June 20, 2024. The total amount collected was 1.785 billion baht (about 48.6 million USD). This is a record-breaking figure, surpassing the entire year’s collection of 2023, which was 1.467 billion baht (about 40 million USD). Continued … 

Thailand Acts Against ‘Price-Dumping Tours’ to Safeguard Tourism

The Thai Ministry of Tourism and Sports has launched a decisive effort to combat “price-dumping tours,” an issue that mirrors the notorious zero-dollar tour model utilized by some Chinese firms with Thai collaborators.

This crackdown follows concerns raised directly with Prime Minister Srettha Thavisin by Sisdivachr Cheewarattanaporn, president of the Association of Thai Travel Agents. Continued … 

High airfares to persist as travel booms, new AirAsia boss says

There’s no end in sight to the high airfares that are a mainstay of the world’s post-pandemic travel boom, according to Asia’s biggest low-cost carrier.

Travelers may see a little reprieve next year as jet fuel prices decline and the airline’s flight capacity rises, said AirAsia Aviation Chief Executive Officer Bo Lingam, who will head a new listed entity called AirAsia Group following a merger between the company’s short- and long-haul operations in September. But strong demand means airfares are unlikely to return to pre-pandemic levels any time soon, he said. Continued … 

Thailand ranked the sixth best MICE destination in Asia Pacific

Thailand is ranked as one of the world’s best MICE (meetings, incentive travel, conventions, and exhibitions) destinations, which generated over 1.2 trillion baht over the last eight years, according to Jirut Issarangkul Na Ayudhaya, president of Thailand Convention and Exhibition Bureau (TCEB).

His remarks came after several international organizations praised the country as one of the top destinations for organizing meetings and exhibitions. Continued … 

I’ve been denied entry to Thailand – Now What?

What happens if you are being denied entry into Thailand? Tod Daniels, visa expert at ASEAN NOW visa forum, was asked what do do in this situation.

Tod: The first thing is do not panic; hundreds of people per week are denied entry and it is not the end of the world or of your time in Thailand. Continued … 

Body of missing Belgian man found after ignoring red flag in Phuket

A Belgian man drowned after ignoring a red flag warning on Freedom Beach in Phuket. Thai netizens’ opinions were divided. Some expressed condolences to his family, while others condemned him for being reckless and causing trouble to rescuers.

According to a report on Saturday, two accidents were reported on Kata and Freedom beaches. In the first incident, two victims got into trouble in the sea after violating the warning sign on Kata Beach but lifeguards managed to help them safely. Continued … 

I helped save 13 young footballers trapped in a cave, but life still goes on as normal

John Volanthen is humble. He lives quite a normal life in Bristol, with a young son, working as an IT consultant.

But six years ago, he was thrust onto the world stage after helping in the rescue of 13 young Thai football players and their coaches from an underwater cave in Tham Luang. What began as a hobby he loved in Scouts eventually allowed him to help save their lives. Continued … 

Construction Company Shares Impact of Employee Mission Trip to Thailand

As part of their global mission trip program, Shook Construction sent 10 employees to Wiang Pa Pao, Thailand, in February 2024 – including two team members from Raleigh – to help build a new girls’ home that would house 12 children who have been rescued from trafficking, abuse, and more.

The project had an immense and immediate impact on the local mission. Shook recently released a documentary about the trip, The Bricks that Bind Us, in the hope of inspiring others to support the communities most in need. Continued … 

Thailand has its own truffles, Chiang Mai researchers find

Truffles, hailed as a “priceless treasure of the culinary world”, are a staple ingredient for chefs in the most luxurious restaurants. They are one of the most exquisite ingredients revered in the culinary sphere and play a crucial role in Michelin-starred restaurants. And interestingly, Thailand has also been found to host truffles.

Initially, the consumption of truffles in Italy and France was predominantly a privilege of the elite because of their scarcity and exorbitant price. Continued … 

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
bangkok, climate change, exports, hua hin, pattaya, prauchuap khiri khan, real estate, thai economy, thai environment, thai food, thailand, thailand festivals, tourism

Saturday’s news-June 22

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11th Pa La-U Fruit and Good Products Festival June 27

The Hua Hin district chief is inviting everyone to taste the renowned Pa La-U durians at the 11th Pa La-U Fruit and Good Products Festival, scheduled to take place from June 27 to July 3, 2024.

This year’s event will showcase grade A durians selected from local orchards, available to consumers for Bt250 per kilogram. Continued … 

Phraya Nakhon Cave pavilion’s 134th anniversary

A ceremony commemorating the 134th anniversary of the Kuha Karuhas Pavilion in the Phraya Nakhon Cave in Khao Sam Roi Yot National Park, saw attendance from notable figures. The pavilion, a four-gabled structure measuring 2.55 meters wide, 8 meters long, and 2.55 meters high, was built during King Chulalongkorn’s reign as a royal residence for his visits to Phraya Nakhon Cave. The pavilion was constructed in Bangkok by Prince Kachorncharat Wong, and later transported and assembled under the supervision of Phraya Chonlayut Yothin. (HHT)

Police rev up crackdown on illegal exhausts to silence street racers

Police in Thailand conducted a nationwide crackdown on the illegal sale of modified motorcycle exhausts, seizing nearly 1,000 items to curb street racing gangs, in an operation targeting manufacturers, storage facilities, and retailers across several provinces.

Officers led by the commander of the Consumer Protection Police Division (CPPD), Police Major Gen. Wichaya Sriprasertphap, launched raids in Nonthaburi, Pathum Thani, Samut Prakan, Phichit, Phitsanulok, and Ubon Ratchathani. Continued … 

Thailand’s industrial estates brace for La Niña flooding

Flood defenses are being beefed up to protect Thailand’s industrial heartlands from this year’s La Niña-fueled monsoon flooding, with over 13 trillion baht (US$354 billion) of investment at stake.

Sandbag walls are rising and drainage channels being cleared at the country’s 68 industrial estates and one industrial port as the Industrial Estate Authority of Thailand (IEAT) seeks to avoid a repeat of 2011’s Great Flood. Continued … 

British Couple Arrested for Running Xanax Scam in Thailand

Continued … 

Thailand mulls allowing foreigners to buy 75% of condo units

The Thai Cabinet has tasked the Interior Ministry with amending the Condominium Act to increase the foreign ownership limit in condominium projects from 49% to 75%. Additionally, they have been directed to modify the Land Act to allow foreigners to lease land for 99 years, up from the current 50 years.

Interior Minister Anutin Charnvirakul indicated on Friday that the Land Act requires minimal changes. The existing law already permits a 50-year lease with an option to extend for another 50 years. The amendment aims to ensure foreign investors can secure land for up to 99 years in a single lease contract, enhancing investment confidence and viability. Continued … 

Srettha touts new economic stimulus measures

The government will roll out additional measures to stimulate the sluggish economy next week, Prime Minister Srettha Thavisin said on Friday.

He said he discussed a range of issues, including economic stimuli and the stock market with Finance Minister Pichai Chunhavajira on Thursday night. Continued … 

FTI refutes speculation of price war between EV and ICE automakers

The recent price slashing of both electric vehicles (EVs) and internal combustion engine (ICE) vehicles has sparked speculation that a new round of price wars is about to erupt.

The speculation, however, has been dismissed by the Federation of Thai Industries (FTI), who said that the move is just a marketing technique and a normal phenomenon in the highly competitive automotive market. Continued … 

Power generation investment to reach Bt1 trillion within 6 years

Investment in the development of new electricity generation facilities, aimed at promoting renewable energy, is expected to reach 1 trillion baht over the next six years under the novel power development plan (PDP), says Energy Permanent Secretary Prasert Sinsukprasert.

(More Thailand environmental news can be found at Climate Thailand.)

While renewable power is highlighted in the PDP, which covers from 2024 to 2037, investment in fossil fuel-fired power plants will also continue, albeit at a slower pace. Continued … 

Email link – kenbrown@businessclassasia.com

Thailand approves VAT on cheap imported goods

Thailand has approved the collection of 7% value-added tax (VAT) on imported goods sold for less than 1,500 baht (US$40.93) from July to December, a finance ministry official said on Friday.

Imported goods sold for less than 1,500 baht are currently exempt from VAT in Thailand. After December, there will be a law change to allow the revenue department to continue collecting VAT on such products. Continued … 

Thai exports surge to $26.22 billion in May

Thai exports in May hit their highest value in 14 months, coming in at US$26.22 billion (961.75 billion baht) and marking a 7.2% increase.

Poonpong Naiyanapakorn, director of the Office of Trade Policy and Strategy, said on Friday that this surge resulted in a trade surplus for the first time in five months. Exports, excluding oil-related products, gold and military products, grew by 6.5%. Continued … 

Land bridge project would be a boost to shipbuilding industry

Progress on the Southern Economic Project, known as the land bridge connecting the Gulf of Thailand and the Andaman Sea, has garnered significant international interest, according to Suriya Jungrungreangkit, deputy prime minister and minister of transport. Affirming that the project is set to materialize under the current government, he added that the investment in the land bridge is expected to inject up to 1 trillion baht into the economy.

The private sector has expressed optimism about the land bridge project, indicating that if it materializes, it will significantly impact the marine tourism and shipbuilding industries. Continued … 

Haulage operators threaten strike over diesel prices

Road haulage operators have hiked their charges by an average of 9% today and are now gearing up for a nationwide strike unless the government addresses their demands to cap diesel prices at 30 baht per liter.

Apichart Prairungruang, Land Transport Association of Thailand President, expressed frustration. “We’ve adjusted charges to cope with rising costs after four petitions to Prime Minister Srettha Thavisin were ignored.” Continued … 

Harman announces groundbreaking for new manufacturing facility in Thailand

Harman, an electronics technology company and subsidiary of Samsung Electronics Co., hosted a ground-breaking ceremony to launch construction of a new manufacturing facility in Thailand.

The new facility, which will be approximately 47,000 sqm in size, will be located just 125 kilometers outside of Bangkok in Laem Chabang, strategically sited within Thailand’s Eastern Economic Corridor (EEC) and in close proximity to manufacturing facilities for numerous leading global automotive and technology brands. Continued … 

Bangkok, Samui garner T&L awards

Bangkok was named “Best City” and Koh Samui “Best Island” in the Asia-Pacific region at the 2024 Travel + Leisure Luxury Awards ceremony. In addition, Samui Airport ranking fourth in the “Best Airports in Asia-Pacific” category.

These accolades showcase Thailand’s tourism industry’s ability to offer both aesthetic appeal and convenience, ensuring memorable experiences for visitors. Continued … 

Email link: sivanavillas@gmail.com

Tourist police step up protection in Pattaya

The Tourist Police Bureau says it is working with the embassies of five countries to crack down on tourist scams and 10 criminal groups in Pattaya.

Police Lt. Gen. Saksira Phuek-am, the bureau commissioner, held a meeting on Thursday aimed at establishing guidelines for ensuring the safety of tourists in the popular resort city in Chon Buri. Participants included representatives of the embassies of South Korea, Ukraine, Russia, India and Switzerland. Continued … 

South Thailand Hoping Improvements Make For Better Tourism

The south Thailand provinces of Pattani and Narathiwat are pretty much at the bottom of the heap in terms of tourism. That is set to change over the next three years thanks to upcoming improvements in road and air accessibility.

An upgrading of Narathiwat airport is due for completion by mid-2025. A second bridge linking Malaysia and Thailand at the Sungai-Kolok border crossing is set to start construction in April 2025 and budgeted for completion by 2027. Continued … 

Two Thai dishes among 10 Weirdest Foods in the World

Travel often whets our appetite for adventure, including culinary ones. But some local foods can be a bit unusual. Whether it is the ingredients or the preparation methods, bizarre delicacies take courage to try.

Here are 10 extreme and weirdest foods from around the world, curated by Travel Food Atlas, to challenge your taste buds! Continued … 

Gender and sexual norms in the eyes of Buddhism

We have long lived in a binary world where sex and gender are divided into two: female and male. But according to the three traditional sacred Buddhist scriptures in the Tripitaka, sexuality can be divided into four categories: female, male, ubhatobyañjanaka and paṇḍaka.

There is no need to explain female and male, as we are all taught to fit ourselves into one of the two socially constructed terms, including how to follow the norms and roles expected by our assigned gender. Continued … 

#thailandeconomy #huahin #prachuapkhirikhan #thailandtourism #thailandtravel #thailandfdi #thailandinvestment #thailandexports #thailandretirement #thailandimmigration #thailandtransportation #thailandrealestate

Bus Tickets 

Hua Hin-Chiang Mai flight schedule May 3-Aug 31

FD901: Monday, Wednesday, Friday, Sunday
Chiang Mai – Hua Hin
10:20 – 11:50
Hua Hin – Chiang Mai
12:20 – 13:35

FD900: Tuesday, Thursday, Saturday
Chiang Mai – Hua Hin
09:00 – 10:30
Hua Hin – Chiang Mai
11:00 – 12:15

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586