Category Archives: thai economy

Tuesday’s news-July 9


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Baht tipped to rise to 36.1/Heavy rain and high waves forecast/Bus routes to link airports/Baby twin elephants receive blessings/University Degree-Buying Scandal/True iService app unveiled/Blaze Takes Lives of 21 Cats/Flooding Thailand with meth/Why Aren’t There More Christians?/Economy: Stronger growth needed/Thailand gears up for digital wallet launch/PM to announce all details of digital wallet/Social Security’s survival mapped out/Crucial for Thai agriculture/Thailand, Japan join hands/Thai AirAsia expects profit to hit record/Chinese EV price cuts/7 billion baht for EV subsidies/Food waste a major contributor/KFC Thailand’s CMO/Form cannabis impact panel/Thai cannabis market worth billions/Tourism: TAT eyes 7.5% revenue growth/Luxury tourism niches/Boost appeal to Muslim tourists/Incentives for Chinese Airlines/International news/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers

Baht tipped to rise to 36.1 to the greenback

The baht could appreciate further to 36.1 to the U.S. dollar in the short term following recent gains to a one-month high on Monday, as weaker than expected U.S. economic data prompted the market to anticipate the Federal Reserve may start trimming U.S. interest rates in September.

The Thai currency led Asian currency gains, trading at 36.4 baht to the dollar on Monday morning, up 0.4% from Friday’s close of 36.58, as investors rushed to sell dollars after personal consumption expenditure (PCE) and core PCE pointed to cooling U.S. inflation. Continued …

Heavy rain and high waves forecast across Thailand

The Meteorological Department of Thailand (TMD) issued a warning about the southwest monsoon covering the Andaman Sea and the Gulf of Thailand, causing waves exceeding two meters and heavy rain across Thailand, including Bangkok and its vicinity, with thunderstorms expected in 60% of the area.

The TMD forecasts weather conditions for the next 24 hours, highlighting the impact of the southwest monsoon over the Andaman Sea, Thailand, and the Gulf of Thailand. This weather pattern is expected to result in thunderstorms and heavy rainfall in various regions of the country. Continued …

Bus routes to link airports

State-run bus operator Transport Co. will launch bus services to three major airports run by Airports of Thailand (AoT) and open ticketing offices in an effort to allow seamless travel to destinations in other provinces, the company announced on Monday.

The so-called feeder buses will serve mainly principal cities, tourism hotspots, and some secondary provinces, including Pattaya city in Chon Buri, Chanthaburi, Trat, Nakhon Ratchasima and Hua Hin district in Prachuap Khiri Khan. Continued …

Baby twin elephants receive blessings from monks

The Royal Elephant Kraal Village in Ayutthaya’s Suan Prik subdistrict on Sunday hosted a merit-making ceremony to celebrate the world’s first twin elephants of different sexes reaching the age of one month. A 36-year-old elephant named Pang Jamjuree gave birth to male and female calves on the night of June 7. The male calf weighs in at 104.9kg and the female at 62.15kg. Both are showing healthy growth under the constant supervision of veterinarians and caretakers. (The Nation)

Minister Supamas Acts Swiftly Amid University Degree-Buying Scandal

In an effort to maintain academic respectability, Higher Education, Science, Research and Innovation Minister Supamas Isarabhakdi pledged to take immediate action over accusations of a private university purportedly trading degrees to rich students without requiring them to attend classes.

Whisperings surrounding this issue led to an announcement yesterday by Minister Supamas about the creation of a formal inquiry committee headed by the ministry’s Deputy Secretary, Supachai Pathumnakul. While the minister did not directly name the accused university, speculation is rife that it belongs to the city of Phitsanulok. Continued …

Latest True iService app unveiled

True Corp. has launched a new version of its True iService application powered by artificial intelligence (AI) to unify all of its services in one place, aiming to enhance customers’ digital life through the gateway concept.

Nititum Kovitgoolkri, head of the product and services division at True Corp., said the company aims to bolster its service and elevate the customer experience through development of True iService into a comprehensive digital service hub for customers. Continued …

Blaze Takes Lives of 21 Cats from Poor Woman, 5 Survive

A tragic fire broke out at 4-story commercial building in a residential area in Bangkok, late Sunday night, killing 21 cats that were under the care of a female traditional massage therapist.

Officials took 10 minutes to control the fire. There were no human injuries or fatalities. However, 21 cats on the second floor died. Officials managed to save five cats that had inhaled smoke. The owner cried, both saddened by the loss of the beloved cats and grateful that officials were able to save five of them. Continued …

Myanmar rebels flooding Thailand with meth

Armed ethnic groups are producing more illicit drugs to traffic in or through Thailand to finance their fight against the forces of the Myanmar government, a senior army officer said on Monday.

The Pha Muang Force had seized 151 million methamphetamine pills so far this fiscal year, a leap from 42 million in the same period last year. It also confiscated 256 kilograms of heroin and 1,350 kilograms of crystal meth, known as “ice”. Continued …

Missionaries Have Gone to Thailand for 200 years. Why Aren’t There More Christians?

In Asia, Thailand is the go-to location for Christian conferences. Thanks to its sunny weather, low cost of living, bountiful hotels, and close proximity to countries closed to missionaries, Thailand is often the gathering spot for missionaries and international evangelical organizations.

Though Theravada Buddhists make up about 93% of the population, the Thai government is open and accommodating to Christian groups, to the point where the country has become a popular spot for numerous mission agency headquarters. Continued …

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Russian man arrested with 300,000 baht in fake euros in Pattaya

Continued …

Monks and Abbot Disrobed After Drug Scandal Rocks Phetchabun Temple

Continued …

Central bank chief says stronger growth needed

Thailand’s economic recovery is uneven and stronger growth is needed, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput told a seminar.

Sethaput said Thailand’s potential economic growth rate of about 3% was not high enough. The central bank has forecast economic growth of 2.6% this year and 3% next year. Continued …

Thailand gears up for digital wallet launch: 10,000 Baht Payout Per Citizen

Thailand is preparing to launch an innovative digital wallet initiative, sponsored by the government, that aims to distribute 10,000 baht to every citizen. This move is part of a wider effort to stimulate economic growth by encouraging consumer spending within local markets.

Deputy Finance Minister Paopum Rojanasakul recently clarified details of the project timeline and addressed opposition concerns regarding potential misuse of funds and procedural delays. Continued …

PM to announce all details of digital wallet scheme on July 24

Prime Ministre Srettha Thavisin will announce the complete details of the government’s digital wallet handout scheme on July 24, Deputy Finance Minister Paopoom Rojanasakul said.

The details will include the list of products that digital money recipients can buy and the dates when potential recipients and vendors can register to participate in the project, Paopoom said on Monday. Continued …

Path to Social Security’s survival mapped out

The Social Security Fund’s accumulated total is projected to reach 5 trillion baht by 2025, but this amount risks being drastically depleted by 2054 due to two major factors: increasing life expectancy and declining birth rates, leading to a shrinking workforce and low contribution rates.

The Thailand Development Research Institute (TDRI) and the insured’s representatives are proposing such solutions as adjusting the criteria for old-age pensions, recalculating social security, raising the retirement age, modifying the contribution ceiling, and increasing the number of insured individuals in other categories to ensure the fund grows and remains solvent. Continued …

Political mindset crucial for Thai agriculture

Thailand needs a political mindset on agricultural policies to cope with the impacts of the changing landscape of markets, climate change, advanced technology, and aging population.

The need to rethink the way agriculture is handled comes as the Thai GDP expanded only 1.5% year on year in the first quarter, mainly due to the ongoing US-China trade war and the impact of geopolitical conflicts on the global economy, according to the National Economic and Social Development Council. Continued …

Thailand, Japan join hands to reduce greenhouse gas emissions

Thailand and Japan have partnered under the joint crediting mechanism (JCM) to reduce greenhouse gas emissions and promote low-carbon technology to achieve goals set in the Paris Agreement.

Adopted in 2015, the international agreement aims to limit global warming to 1.5°C, and work to reduce CO2 emissions to net zero by 2050. Continued …

Thai AirAsia expects 2024 core profit to hit record

Asia Aviation Plc, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year, as a surge in overseas visitors boosts seat demand and airfares.

Thai AirAsia, the company’s 100%-owned budget airline unit, also intends to add more flights to China and India to capitalize on a boom in travel from its two biggest markets, Asia Aviation Chief Executive Officer Santisuk Klongchaiya said in a July 4 interview in Bangkok. Continued … 

Chinese EV price cuts get official green light

The Trade Competition Commission of Thailand (TCCT) says price wars among electric vehicle (EV) dealerships do not violate the trade competition law, but rather foster competition.

Visanu Vongsinsirikul, secretary-general of the TCCT, said recent price slashing by Chinese EV brand BYD in Thailand is not considered a violation of the Trade Competition Act of 2017, as the product is not being sold below production costs. Continued …

Thai government seeks 7 billion baht for EV subsidies

The Thai government plans to request an additional 7 billion baht in funding to support the promotion of electric vehicles (EVs). This effort aims to subsidize 35,000 EVs, with expectations for EV production facilities to compensate with 80,000 to 90,000 units in the first year. Over 30 automotive companies are participating in the initiative.

Previously, the department had already disbursed over 7 billion baht in subsidies, supporting 40,000 EVs. The total subsidy expenditure thus far amounts to around 14 billion baht. Continued …

Food waste a major contributor to global warming, Thai company trying change that

Over a billion metric tons of food is wasted each year. Food waste management is crucial — the issue currently contributes 10% of global greenhouse gas emissions at a time when 783 million people around the world face chronic hunger.

According to the most recent UN Environment Program’s Food Waste Index Report, about 28% of food waste is from food services. Now, one Thai company is trying to lower that statistic. Continued … 

KFC Thailand’s CMO on local flair, innovation, and his recipe for success

Anyone in the quick-service restaurant (QSR) industry knows the term “quick” is a misnomer. Sure, the delivery is fast, but behind the scenes there is a meticulous strategy of pricing, adaptation, understanding local tastes and culture, and a commitment to long-term brand building.

Suhayl Limbada, the chief marketing officer at KFC Thailand, embodies this ethos, steering the brand through the complexities of a market renowned for its rich and diverse culinary traditions. Continued …

Email link: sivanavillas@gmail.com

Government urged to form cannabis impact panel

Cannabis advocates are calling on the government to set up a committee to study the impacts of the plant before proceeding to relist it as a narcotic.

Prasitchai Nunual, secretary-general of the Writing Thai Cannabis’ Future group, which held a protest near Government House on Monday, said the study should cover physical health, mental health, its effects on society and its therapeutic benefits compared to tobacco and alcohol. Continued …

Recriminalization of hemp, pot would wipe out Thai cannabis market worth billions

More signals surfaced last week indicating Thailand is likely to reverse course on cannabis by shutting down a combined legal CBD and marijuana market projected to reach billions in value. A key drug committee passed a resolution that would limit products made from flowers of both marijuana and industrial hemp to medical applications that require a doctor’s prescription.

The country famously joined a trend toward 1.0% THC by dry weight allowable in hemp crops in 2019, setting a separate limit of 0.2% for food and cosmetics products. The country then removed all cannabis from its Narcotics Act and decriminalized cultivation and possession in December 2020, opening up the market for CBD and pot. Continued …

TAT eyes 7.5% revenue growth in 2025

The Tourism Authority of Thailand (TAT) is targeting 7.5% revenue growth or 3.4 trillion baht in 2025, while private operators suggest offering subsidies for airfares to accelerate income.

During the TAT Action Plan 2025 meeting on Monday, board Chairman Natthriya Thaweevong said as the government aims to designate 2025 the “Thailand Grand Tourism Year”, the industry could be the fastest-growing sector among the eight pillars of the “Ignite Thailand” scheme. Continued …

Report pinpoints luxury tourism niches

As Asia-Pacific continues to be a growth engine for luxury travel, a new report from the Luxury Group by Marriott International has identified new expectations and travel preferences among wealthy travelers in the region.

Across Asia-Pacific, 68% of those surveyed are planning to spend more on leisure travel over the next 12 months. Some 74% of respondents are planning to travel within Asia-Pacific, and 88% are prioritizing gastronomy as the reason to travel. Continued …

Government keen to boost appeal to Muslim tourists

The government will continue to develop a strategy to turn Thailand into the region’s hub for halal tourism, according to spokesman Chai Wacharonke, adding Prime Minister Srettha Thavisin has ordered all tourism-related agencies to promote the country as a Muslim-friendly destination.

Chai’s statement on Monday came after Thailand came in fifth among non-OIC (Organization of Islamic Cooperation) countries on the Global Muslim Travel Index (GMTI) published by Crescent Rating and Mastercard, which ranks countries based on the conveniences they offer to Muslim travelers — including halal food options, travel environment and ease of accessing a place of worship. Continued …

Thailand Wants To Offer Incentives for Chinese Airlines

The Tourism Authority of Thailand (TAT) is negotiating with the Civil Aviation Authority of Thailand (CAAT) and Airports of Thailand (AOT) to increase the number of slots for flights from China to Thailand.

They are proposing incentives to encourage airlines to add more flights to secondary cities. If the number of slots is increased by only 10% in the fourth quarter, monthly tourist arrivals could exceed 1 million and the annual target of 8 million Chinese tourists could be reached. Continued …

Saudi Aramco Cuts Oil Prices for Asian Market Amid Demand Weakness

Saudi Aramco, the world’s top crude exporter, has cut prices for its oil grades to Asia for two consecutive months, signaling a perception of weak demand in its key market. The company reduced the official selling price for August shipments by $0.60 to $1.80 per barrel over the Oman/Dubai average, reflecting challenges faced by OPEC producers amid increasing supply from non-OPEC nations. Continued …

Singapore says yes to edible insects in boost to food security

Certain types of grasshoppers, moths and crickets could be appearing on Singapore’s supermarket shelves and restaurant tables after the government approved the import of insects and insect products for human consumption and animal feed. Continued …

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

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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
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09:00 – 10:30
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11:00 – 12:15

Hua Hin train schedule

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Vans and minibuses provide services to the following destinations:

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

 

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Monday’s news-July 8


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Soi 94 resurfacing, drainage improvements/Amazing food festival/Sterilizing and vaccinating stray dogs/Siam Venezia undergoing makeover/Why is Thai health care so good?/Transboundary Haze in Southeast Asia/Severe thunderstorms and heavy rain/Chinatown fire victims/Action against graffiti vandalism/Foreigners behaving badly/Economy: Real cost of living for foreigners in Thailand/Thailand’s new energy roadmap/Registration for digital wallet to start in August/Tax measures to cushion blow of wage increases/Raise the Retirement Age/Digital economy hub/Home improvement retailers/Surge in services sector employment/Property businesses face decreasing demand/Oil plan faces rocky financial road/EV insurance in the driver’s seat/BYD acquires 20% stake in Thai dealer/Four trade shows this week/Legal Implications of Cannabis Reclassification/Tourism: Major Upgrades for Key Airports/Thailand-China flights surge/Krabi Airport Set for Surge/Minibus crash in Surat Thani/Tourists rescued after speedboat sinks/Thailand Experience: Explore Kui Buri/Why do people in warm countries eat spicy food?/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers

Soi 94 resurfacing, drainage improvements planned

Hua Hin municipality has announced that extensive resurfacing work will soon commence on Soi 94, one of the most uneven and damaged road surfaces in central Hua Hin. The project, which includes the installation of new drainage, is expected to take approximately seven months to complete.

The repair work will involve the installation of drainage pipes and resurfacing the road from the western railway intersection to Baan Chang Heng, extending to the far end of Soi 94 where the road turns right. The project scope includes the stretch from the railway tracks toward Lucky 13, Amara Resort, and The Happy Pig, reaching the top of the soi. Continued …

Group sterilizing and vaccinating stray dogs in Hua Hin

Homeless dogs in Thailand often face tough lives. Many puppies will die young from starvation, disease and road accidents. Sterilization is the most humane way to reduce the stray population, and enable people and animals to peacefully co-exist.

PAT, a project by Wildlife Friends Foundation Thailand (WFFT), was originally founded in 2019 to help reduce the roaming homeless animal population in Prachuap Khiri Khan and Phetchaburi provinces, and increase their welfare. Continued …

Siam Venezia undergoing makeover, renamed Simon Siam

Siam Venezia is set to undergo a significant transformation aimed at promoting Thai arts and culture and attracting more international visitors.

The transformation will see Simon Venezia become a venue for regular events, both large and small scale, while a hotel will also be constructed on the site. Continued …

Why is Thai health care so good?

Political turmoil in Thailand is unrelenting. Over the past two decades, 11 different prime ministers have led the country. In the coming weeks that number could increase, as the constitutional court considers dismissing the current leader, Srettha Thavisin, over an allegedly illegal cabinet appointment. Yet amid such instability, one aspect of Thailand’s governance flourishes: its public-health system.

Thai health care is among the most effective in the world. The average Thai can expect to live to 80, much longer than their regional counterpart (the Southeast Asian figure is 73) and even slightly longer than the average American and European (each roughly 79), according to the latest data from the United Nations. Last year, a whopping 99.5% of the population of 72 million was covered by health insurance. Continued …

The Pressing Issue of Transboundary Haze in Southeast Asia

Air pollution has long been a significant health concern in Southeast Asia, with the issue of transboundary haze taking center stage in recent years. This environmental challenge knows no borders, as smoke from wildfires and land-clearing activities in one country can easily drift across national boundaries, blanketing entire regions in a thick, hazardous haze.

One of the main causes of transboundary haze pollution in the ASEAN region is peatland fires. The ASEAN region is home to 56% of the global tropical peatlands, yet more than 3 million hectares of peatlands in Southeast Asia have been destroyed by fire. Continued … 

Severe thunderstorms and heavy rain forecast for 45 provinces

The Meteorological Department of Thailand (TMD) issued a warning for severe weather, predicting thunderstorms and heavy rain across 45 provinces, with Bangkok expected to be significantly impacted. Citizens are advised to take precautions against the potential dangers of severe rain and flooding.

Today, the TMD forecasts that the southwest monsoon will cover the Andaman Sea, Thailand, and the Gulf of Thailand. This weather pattern will bring thunderstorms and heavy rain to various parts of the country. People in these areas should be cautious of hazardous conditions due to accumulated rainfall. Continued …

Chinatown fire victims mostly migrant workers

More than 260 people have registered for assistance following the Yaowarat fire on Saturday night in Bangkok’s Chinatown, most of them migrant workers, according to the permanent secretary for human security.

The fire in Trok Pho community started about 8.40pm on Saturday. Sixty-six wooden houses in the community were burned down or badly damaged. The fire also damaged parts of two hotels and adjoining commercial buildings on Yaowarat Road. Patients were evacuated from nearby Thianfah Hospital. Continued …

Pattaya residents demand action against graffiti vandalism

Residents in Pattaya are calling for decisive action against vandals who have marred the city’s landscape with graffiti. Electrical control boxes, traffic signs, and private properties along major roads such as Sukhumvit Road, Third Road, and South Pattaya Road have been defaced with graffiti, including gang symbols and vulgar language.

The graffiti, which has been unchecked, has significantly impacted the city’s visual appeal, leading to growing frustration among the local community. Concerned citizens are urging police to take action to address the issue and restore Pattaya’s beauty. Continued …

Email link – kenbrown@businessclassasia.com

  • Foreigner Steals Van and Crashes into another Van – Continued …
  • Russian DJ Arrested After Hit-and-Run Accident in Surat Thani – Continued …

Can of Beans raises the issue of the real cost of living for foreigners in Thailand

A can of Heinz beans went viral on social media site TikTok last week. Two young tourists from Ireland and the United Kingdom expressed horror at the price tag of Bt420.

Although probably an error or mistake, it comes with a growing conflict between reports from ordinary people, including expats and Thais, about the cost of living and official Thai government data. It came in a week in which the Ministry of Commerce confirmed 0% inflation for the first six months and when June’s inflation rate was only 0.67%, defying a Reuters poll that predicted 1.13%. Continued … 

Thailand’s new energy roadmap: a path to eco and economic crisis?

Thailand is set to boost renewable energy used in electricity production from 36% to 51% in its latest power-development plan (PDP). Yet, many experts argue that the plan is a blueprint for failure in meeting emissions targets and ensuring energy security.

Prepared by the Energy Ministry, the PDP is the country’s master plan for power production based on forecasts of rising demand over the next 15 to 20 years. The PDP was aired at a week-long public hearing and will be submitted to the Cabinet for approval soon, said Veerapat Kiatfuengfoo, director of the Energy Policy and Planning Office (EPPO). Continued … 

Registration for 10,000-baht handout to start in August

Deputy Finance Minister Julapun Amornvivat has confirmed that registration for Thai people eligible for the 10,000-baht handout under the digital wallet scheme would start next month.

Meanwhile, government spokesman Chai Wacharonke warned Thais not to click any SMS link that told them to register for the digital wallet scheme, saying no such link would be sent by the government. He urged people to beware of call-center gangs. Continued …

Tax measures for employers to cushion blow of wage increases

The Finance Ministry expects to introduce measures soon to alleviate the impact on businesses burdened by an increase in the minimum wage.

According to Deputy Finance Minister Julapun Amornvivat, a hike in the minimum wage must be accompanied by tax measures to ease the burden on businesses, similar to past wage increases. Continued … 

Time to Raise the Retirement Age in Thailand

Social activist Sombat Boonngam-anong, founder of the Mirror Foundation, which deals with missing persons as well as helping homeless people, wrote last week week saying he was recently approached by a 61-year-old man while he was having a meal.

The man asked if he could be hired to work for some of his non-profit enterprises, adding he could sing and play music, as he used to do so for a living when he was younger, and had worked looking after a building. He can do watercolor paintings and more. The man then told him the real motive – he does not want to be a financial burden to his daughter, the sole breadwinner. Continued …

How Thailand aims to become a digital economy hub

Thailand is positioning itself to become a leading digital economy hub, with support from global tech leaders such as Amazon Web Services, Microsoft, and Google.

Recently, there are 37 data center and cloud service projects that have received approval from the BOI, with an investment value over USD2,800 million. They include AWS, NextDC, STT GDC, Supernap (Switch), One Asia, Alibaba Cloud, and Huawei Technologies, according to a Thailand PRD report. Continued …

Home improvement retailers contending with slowing economy

Higher household debts, coupled with slowing economy and weaker consumer spending, has taken a toll on the sales growth of home improvement retailers such as Home Products Plc (HMPRO), DoHome Plc (DOHOME) and Siam Global House Plc (GLOBAL), with the outlook for the remaining part of the year continuing to remain bleak.

Home improvement players such as HMPRO and DOHOME have been shielded from the volatility of the retailing market but their performance during the 2nd quarter of the year is likely to show a dip in sales that has not been seen in years. Continued …

Factory closures drive surge in services sector employment

The majority of more than 300,000 laid-off industrial workers from recent factory closures are flocking to the services sector, particularly the hospitality industry, according to the Tourism Industry Council of Thailand’s most recent Tourism Confidence Index report.

According to the data, 561 factories were closed during the first five months of this year. Still, more than 3,573 factories closed between January 2011 and May 2024, resulting in the loss of more than 300,000 jobs. Continued …

Property and leasing businesses face decreasing demand

Tris Rating, a Thai credit rating agency, warns that property and leasing businesses should be strictly monitored in the second half based on decreasing demand, after 20 companies were downgraded in the first six months.

President Sakda Pongcharoenyong said the real estate and leasing industries have a gloomy outlook in the second half, as declining demand may affect their operating results. Continued …

Thai oil plan faces rocky financial road

The government’s plan to increase Thailand’s strategic petroleum reserve (SPR) faces resistance from executives in the oil refining and ethanol production sectors, who point to financial challenges.

A plan to increase the SPR, which was upgraded in the 2024 oil plan, was initiated by Energy Minister Pirapan Salirathavibhaga, who stressed the need to enhance national oil security. Continued …

EV insurance in the driver’s seat

Electric vehicle insurance has emerged as a crucial factor that could shape the future of Thailand’s burgeoning EV industry.

Although a recent report suggesting two insurance companies have ceased insuring electric cars remains unconfirmed, it has prompted insurers, automakers and bankers to seriously consider insurance and various issues that could impact EV sales. Continued …

BYD acquires 20% stake in Thai dealer

The Chinese electric vehicle maker BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is the EV market leader, the companies said on Saturday.

The Shenzhen-based automaker opened its first factory in Southeast Asia in Rayong last week. The $490-million plant will have an annual manufacturing capacity of 150,000 vehicles and employ 10,000 workers. Continued …

Bitec to host four trade shows this week

Four premier international trade shows will be held under one roof to help stimulate the country’s economy in the second half of the year, at Bitec Hall, Bang Na-Trat Road, daily from 10am to 7pm, starting Thursday to Sunday.

Organized by Kavin Intertrade, the Thailand Franchise & Business Opportunity (TFBO 2024), the Thailand Retail, Food & Hospitality Services (TRAFS 2024), the ASEAN Retail 2024, and Pub & Bar Asia 2024 will bring 330 companies to showcase over 10,000 products at 630 booths, spanning an area of 20,000m². Continued …

Deputy PM Questions Legal Implications of Cannabis Reclassification

Thai Deputy Prime Minister Anutin Charnvirakul reaffirmed Bhumjaithai Party’s stance that cannabis should be used for medical and economic purposes, not for recreation. Anutin questioned the rationale behind this reclassification, as it reverts to a previous status set by the same board during his tenure as minister of public health.

Anutin expressed concerns about the legal implications for community-level cannabis growers and questioned how the Thai government would address the thousands released for cannabis-related offenses in 2022. Continued …

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Thai PM Pledges Major Upgrades for Key Airports

In an ambitious stride toward redefining Thailand’s airspace, Prime Minister Srettha Thavisin has pledged to overhaul the nation’s airports, aiming to meet global standards and establish Thailand as a top regional aviation hub.

The plan, spearheaded by Deputy Prime Minister and Minister for Transport Suriya Juangroongruangkit, targets enhancements in aviation safety, customer service, and operational efficiency. Continued …

Thailand-China flights surge 213% after visa exemption deal

Flights between Thailand and China have surged to 55,000 in the past eight months, following the signing of a mutual visa exemption agreement, according to the Ministry of Transport.

Deputy Transport Minister Surapong Piyachote reported that the 55,433 flights from October last year to May marked a 213% increase compared to the same period the previous year. He projected that 86,150 flights would operate between the two nations by the end of the fiscal year on Sept. 30. Continued …

Krabi Airport Set for Surge in Flights This Winter Season

Krabi Airport is preparing for an unprecedented increase in passenger volume, as 13 international and local airlines have scheduled additional flights for the upcoming winter season.

This boost is aimed at servicing the anticipated influx of tourists heading to Thailand’s famous Andaman coast from October 2024 to March 2025, which is considered the peak tourist period. Continued … 

Minibus crash in Surat Thani injures 10 foreign tourists

A minibus carrying foreign tourists overturned yesterday, injuring 10 passengers. The accident occurred around 6.30am yesterday on Phunphin-Mueang Road in the Tha Lon subdistrict, Phunphin district, Surat Thani Province.

Police and rescue workers promptly arrived at the scene where they found the minibus overturned on the roadside. The 10 foreign tourists, who sustained minor injuries, were swiftly transported to Phunphin Hospital for medical treatment. Continued …

Tourists rescued after speedboat sinks off Surat Thani coast

A speedboat carrying tourists on a fishing trip was hit by large waves, causing it to take on water and eventually sink. Five people were left stranded in the sea before being rescued by local fishing boats and the marine police.

At 12.20 am today, the marine police received a distress call from relatives of the speedboat’s driver, alerting them that the boat was sinking. The marine police, led by Yuranan Meedet, quickly dispatched a rescue team from Surat Thani to the scene. Continued … 

Explore Kui Buri, the ‘Safari of Thailand’ near Hua Hin

Just an hour and a half drive from Hua Hin, Kui Buri National Park in Prachuap Khiri Khan Province offers a unique experience for nature enthusiasts.

Renowned as one of Thailand’s premier destinations for observing wild elephants, the park is currently experiencing a surge in wildlife activity, making it an ideal time for locals, expatriates, and tourists to visit. Continued …

Why people in warm countries eat spicy food?

Take a moment to sit back and think about the spiciest dish you’ve ever tasted. Try to recall how it made you feel — the heat, the sweat, the tears. Did it set your mouth ablaze and make your heart race? And did you feel the burn long after the meal was over?

Now, which cuisine was this fiery blast from the past a part of? Chances are, it hailed from a warm country like India, Mexico, or Thailand. Indeed, some of the world’s spiciest foods originate from countries with the hottest climates. But why is that? Continued …

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


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Baht tipped to rise to 36.1/Heavy rain and high waves forecast/Bus routes to link airports/Baby twin elephants receive blessings/University Degree-Buying Scandal/True iService app unveiled/Blaze Takes Lives of 21 Cats/Flooding Thailand with meth/Why Aren’t There More Christians?/Economy: Stronger growth needed/Thailand gears up for digital wallet launch/PM to announce all details of digital wallet/Social Security’s survival mapped out/Crucial for Thai agriculture/Thailand, Japan join hands/Thai AirAsia expects profit to hit record/Chinese EV price cuts/7 billion baht for EV subsidies/Food waste a major contributor/KFC Thailand’s CMO/Form cannabis impact panel/Thai cannabis market worth billions/Tourism: TAT eyes 7.5% revenue growth/Luxury tourism niches/Boost appeal to Muslim tourists/Incentives for Chinese Airlines/International news/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers

Baht tipped to rise to 36.1 to the greenback

The baht could appreciate further to 36.1 to the U.S. dollar in the short term following recent gains to a one-month high on Monday, as weaker than expected U.S. economic data prompted the market to anticipate the Federal Reserve may start trimming U.S. interest rates in September.

The Thai currency led Asian currency gains, trading at 36.4 baht to the dollar on Monday morning, up 0.4% from Friday’s close of 36.58, as investors rushed to sell dollars after personal consumption expenditure (PCE) and core PCE pointed to cooling U.S. inflation. Continued …

Heavy rain and high waves forecast across Thailand

The Meteorological Department of Thailand (TMD) issued a warning about the southwest monsoon covering the Andaman Sea and the Gulf of Thailand, causing waves exceeding two meters and heavy rain across Thailand, including Bangkok and its vicinity, with thunderstorms expected in 60% of the area.

The TMD forecasts weather conditions for the next 24 hours, highlighting the impact of the southwest monsoon over the Andaman Sea, Thailand, and the Gulf of Thailand. This weather pattern is expected to result in thunderstorms and heavy rainfall in various regions of the country. Continued …

Bus routes to link airports

State-run bus operator Transport Co. will launch bus services to three major airports run by Airports of Thailand (AoT) and open ticketing offices in an effort to allow seamless travel to destinations in other provinces, the company announced on Monday.

The so-called feeder buses will serve mainly principal cities, tourism hotspots, and some secondary provinces, including Pattaya city in Chon Buri, Chanthaburi, Trat, Nakhon Ratchasima and Hua Hin district in Prachuap Khiri Khan. Continued …

Baby twin elephants receive blessings from monks

The Royal Elephant Kraal Village in Ayutthaya’s Suan Prik subdistrict on Sunday hosted a merit-making ceremony to celebrate the world’s first twin elephants of different sexes reaching the age of one month. A 36-year-old elephant named Pang Jamjuree gave birth to male and female calves on the night of June 7. The male calf weighs in at 104.9kg and the female at 62.15kg. Both are showing healthy growth under the constant supervision of veterinarians and caretakers. (The Nation)

Minister Supamas Acts Swiftly Amid University Degree-Buying Scandal

In an effort to maintain academic respectability, Higher Education, Science, Research and Innovation Minister Supamas Isarabhakdi pledged to take immediate action over accusations of a private university purportedly trading degrees to rich students without requiring them to attend classes.

Whisperings surrounding this issue led to an announcement yesterday by Minister Supamas about the creation of a formal inquiry committee headed by the ministry’s Deputy Secretary, Supachai Pathumnakul. While the minister did not directly name the accused university, speculation is rife that it belongs to the city of Phitsanulok. Continued …

Latest True iService app unveiled

True Corp. has launched a new version of its True iService application powered by artificial intelligence (AI) to unify all of its services in one place, aiming to enhance customers’ digital life through the gateway concept.

Nititum Kovitgoolkri, head of the product and services division at True Corp., said the company aims to bolster its service and elevate the customer experience through development of True iService into a comprehensive digital service hub for customers. Continued …

Blaze Takes Lives of 21 Cats from Poor Woman, 5 Survive

A tragic fire broke out at 4-story commercial building in a residential area in Bangkok, late Sunday night, killing 21 cats that were under the care of a female traditional massage therapist.

Officials took 10 minutes to control the fire. There were no human injuries or fatalities. However, 21 cats on the second floor died. Officials managed to save five cats that had inhaled smoke. The owner cried, both saddened by the loss of the beloved cats and grateful that officials were able to save five of them. Continued …

Myanmar rebels flooding Thailand with meth

Armed ethnic groups are producing more illicit drugs to traffic in or through Thailand to finance their fight against the forces of the Myanmar government, a senior army officer said on Monday.

The Pha Muang Force had seized 151 million methamphetamine pills so far this fiscal year, a leap from 42 million in the same period last year. It also confiscated 256 kilograms of heroin and 1,350 kilograms of crystal meth, known as “ice”. Continued …

Missionaries Have Gone to Thailand for 200 years. Why Aren’t There More Christians?

In Asia, Thailand is the go-to location for Christian conferences. Thanks to its sunny weather, low cost of living, bountiful hotels, and close proximity to countries closed to missionaries, Thailand is often the gathering spot for missionaries and international evangelical organizations.

Though Theravada Buddhists make up about 93% of the population, the Thai government is open and accommodating to Christian groups, to the point where the country has become a popular spot for numerous mission agency headquarters. Continued …

Email link – kenbrown@businessclassasia.com
Russian man arrested with 300,000 baht in fake euros in Pattaya

Continued …

Monks and Abbot Disrobed After Drug Scandal Rocks Phetchabun Temple

Continued …

Central bank chief says stronger growth needed

Thailand’s economic recovery is uneven and stronger growth is needed, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput told a seminar.

Sethaput said Thailand’s potential economic growth rate of about 3% was not high enough. The central bank has forecast economic growth of 2.6% this year and 3% next year. Continued …

Thailand gears up for digital wallet launch: 10,000 Baht Payout Per Citizen

Thailand is preparing to launch an innovative digital wallet initiative, sponsored by the government, that aims to distribute 10,000 baht to every citizen. This move is part of a wider effort to stimulate economic growth by encouraging consumer spending within local markets.

Deputy Finance Minister Paopum Rojanasakul recently clarified details of the project timeline and addressed opposition concerns regarding potential misuse of funds and procedural delays. Continued …

PM to announce all details of digital wallet scheme on July 24

Prime Ministre Srettha Thavisin will announce the complete details of the government’s digital wallet handout scheme on July 24, Deputy Finance Minister Paopoom Rojanasakul said.

The details will include the list of products that digital money recipients can buy and the dates when potential recipients and vendors can register to participate in the project, Paopoom said on Monday. Continued …

Path to Social Security’s survival mapped out

The Social Security Fund’s accumulated total is projected to reach 5 trillion baht by 2025, but this amount risks being drastically depleted by 2054 due to two major factors: increasing life expectancy and declining birth rates, leading to a shrinking workforce and low contribution rates.

The Thailand Development Research Institute (TDRI) and the insured’s representatives are proposing such solutions as adjusting the criteria for old-age pensions, recalculating social security, raising the retirement age, modifying the contribution ceiling, and increasing the number of insured individuals in other categories to ensure the fund grows and remains solvent. Continued …

Political mindset crucial for Thai agriculture

Thailand needs a political mindset on agricultural policies to cope with the impacts of the changing landscape of markets, climate change, advanced technology, and aging population.

The need to rethink the way agriculture is handled comes as the Thai GDP expanded only 1.5% year on year in the first quarter, mainly due to the ongoing US-China trade war and the impact of geopolitical conflicts on the global economy, according to the National Economic and Social Development Council. Continued …

Thailand, Japan join hands to reduce greenhouse gas emissions

Thailand and Japan have partnered under the joint crediting mechanism (JCM) to reduce greenhouse gas emissions and promote low-carbon technology to achieve goals set in the Paris Agreement.

Adopted in 2015, the international agreement aims to limit global warming to 1.5°C, and work to reduce CO2 emissions to net zero by 2050. Continued …

Thai AirAsia expects 2024 core profit to hit record

Asia Aviation Plc, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year, as a surge in overseas visitors boosts seat demand and airfares.

Thai AirAsia, the company’s 100%-owned budget airline unit, also intends to add more flights to China and India to capitalize on a boom in travel from its two biggest markets, Asia Aviation Chief Executive Officer Santisuk Klongchaiya said in a July 4 interview in Bangkok. Continued … 

Chinese EV price cuts get official green light

The Trade Competition Commission of Thailand (TCCT) says price wars among electric vehicle (EV) dealerships do not violate the trade competition law, but rather foster competition.

Visanu Vongsinsirikul, secretary-general of the TCCT, said recent price slashing by Chinese EV brand BYD in Thailand is not considered a violation of the Trade Competition Act of 2017, as the product is not being sold below production costs. Continued …

Thai government seeks 7 billion baht for EV subsidies

The Thai government plans to request an additional 7 billion baht in funding to support the promotion of electric vehicles (EVs). This effort aims to subsidize 35,000 EVs, with expectations for EV production facilities to compensate with 80,000 to 90,000 units in the first year. Over 30 automotive companies are participating in the initiative.

Previously, the department had already disbursed over 7 billion baht in subsidies, supporting 40,000 EVs. The total subsidy expenditure thus far amounts to around 14 billion baht. Continued …

Food waste a major contributor to global warming, Thai company trying change that

Over a billion metric tons of food is wasted each year. Food waste management is crucial — the issue currently contributes 10% of global greenhouse gas emissions at a time when 783 million people around the world face chronic hunger.

According to the most recent UN Environment Program’s Food Waste Index Report, about 28% of food waste is from food services. Now, one Thai company is trying to lower that statistic. Continued … 

KFC Thailand’s CMO on local flair, innovation, and his recipe for success

Anyone in the quick-service restaurant (QSR) industry knows the term “quick” is a misnomer. Sure, the delivery is fast, but behind the scenes there is a meticulous strategy of pricing, adaptation, understanding local tastes and culture, and a commitment to long-term brand building.

Suhayl Limbada, the chief marketing officer at KFC Thailand, embodies this ethos, steering the brand through the complexities of a market renowned for its rich and diverse culinary traditions. Continued …

Email link: sivanavillas@gmail.com

Government urged to form cannabis impact panel

Cannabis advocates are calling on the government to set up a committee to study the impacts of the plant before proceeding to relist it as a narcotic.

Prasitchai Nunual, secretary-general of the Writing Thai Cannabis’ Future group, which held a protest near Government House on Monday, said the study should cover physical health, mental health, its effects on society and its therapeutic benefits compared to tobacco and alcohol. Continued …

Recriminalization of hemp, pot would wipe out Thai cannabis market worth billions

More signals surfaced last week indicating Thailand is likely to reverse course on cannabis by shutting down a combined legal CBD and marijuana market projected to reach billions in value. A key drug committee passed a resolution that would limit products made from flowers of both marijuana and industrial hemp to medical applications that require a doctor’s prescription.

The country famously joined a trend toward 1.0% THC by dry weight allowable in hemp crops in 2019, setting a separate limit of 0.2% for food and cosmetics products. The country then removed all cannabis from its Narcotics Act and decriminalized cultivation and possession in December 2020, opening up the market for CBD and pot. Continued …

TAT eyes 7.5% revenue growth in 2025

The Tourism Authority of Thailand (TAT) is targeting 7.5% revenue growth or 3.4 trillion baht in 2025, while private operators suggest offering subsidies for airfares to accelerate income.

During the TAT Action Plan 2025 meeting on Monday, board Chairman Natthriya Thaweevong said as the government aims to designate 2025 the “Thailand Grand Tourism Year”, the industry could be the fastest-growing sector among the eight pillars of the “Ignite Thailand” scheme. Continued …

Report pinpoints luxury tourism niches

As Asia-Pacific continues to be a growth engine for luxury travel, a new report from the Luxury Group by Marriott International has identified new expectations and travel preferences among wealthy travelers in the region.

Across Asia-Pacific, 68% of those surveyed are planning to spend more on leisure travel over the next 12 months. Some 74% of respondents are planning to travel within Asia-Pacific, and 88% are prioritizing gastronomy as the reason to travel. Continued …

Government keen to boost appeal to Muslim tourists

The government will continue to develop a strategy to turn Thailand into the region’s hub for halal tourism, according to spokesman Chai Wacharonke, adding Prime Minister Srettha Thavisin has ordered all tourism-related agencies to promote the country as a Muslim-friendly destination.

Chai’s statement on Monday came after Thailand came in fifth among non-OIC (Organization of Islamic Cooperation) countries on the Global Muslim Travel Index (GMTI) published by Crescent Rating and Mastercard, which ranks countries based on the conveniences they offer to Muslim travelers — including halal food options, travel environment and ease of accessing a place of worship. Continued …

Thailand Wants To Offer Incentives for Chinese Airlines

The Tourism Authority of Thailand (TAT) is negotiating with the Civil Aviation Authority of Thailand (CAAT) and Airports of Thailand (AOT) to increase the number of slots for flights from China to Thailand.

They are proposing incentives to encourage airlines to add more flights to secondary cities. If the number of slots is increased by only 10% in the fourth quarter, monthly tourist arrivals could exceed 1 million and the annual target of 8 million Chinese tourists could be reached. Continued …

Saudi Aramco Cuts Oil Prices for Asian Market Amid Demand Weakness

Saudi Aramco, the world’s top crude exporter, has cut prices for its oil grades to Asia for two consecutive months, signaling a perception of weak demand in its key market. The company reduced the official selling price for August shipments by $0.60 to $1.80 per barrel over the Oman/Dubai average, reflecting challenges faced by OPEC producers amid increasing supply from non-OPEC nations. Continued …

Singapore says yes to edible insects in boost to food security

Certain types of grasshoppers, moths and crickets could be appearing on Singapore’s supermarket shelves and restaurant tables after the government approved the import of insects and insect products for human consumption and animal feed. Continued …

#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

Saturday’s news-July 6


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PKK reports 855 cases of malaria/Fraudulent Water Bill Scams/Thailand Faces Population Crisis/Airports approved to sell alcohol on Buddhist holy days/Criticism Grows Over Alcohol Sales/Thailand tackles illegal waste dumping/Thai trailblazers featured on Forbes list/New permanent border checkpoint with Cambodia/Egg-White Rice/Chinese couple’s lion taming/Economy: June inflation sees big drop/Plunging car prices in Thailand/Structural changes key/Residential market contracts/Committee Suspends Digital Wallet Budget/China’s high-quality development to benefit Thailand/Drone industry boon for Thai economy/SCG Cleanergy Collaborates With Seagate Thailand/Caution on Cannabis Reclassification/Cannabis set to return to illegal drugs list/Tourism: Thai Domestic Travel Plummets/Seat capacity as key to enticing Chinese/PM to push 11 soft power industries/Eco-Friendly Amazing Beach Life Festival/Pattaya motorbike taxi drivers tarnish tourist hotspot/Thailand Experience: Tourists swarm first durian café/Links: Climate Thailand/Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers

PKK reports 855 cases of malaria this year

The Prachuap Khiri Khan Provincial Public Health Office has convened a task force to expedite malaria eradication efforts, aiming to monitor the situation closely and effectively control the outbreak.

Thailand has reported 8,236 cases of malaria this year, a slight decrease of 0.28% compared to the same period last year. The provinces with the highest numbers of cases are: Continued …

Thailand retains ranking as world’s sixth best country for expats

Thailand was ranked the sixth best place for expats to live and work, according to the Expat Insider 2024 report from InterNations, the global community for people who live abroad.

The InterNations report ranked 53 global countries across five indices: quality of life, ease of settling in, working abroad, personal finance and an “expat essentials” index, which covers housing, administration, language and digital life. Continued … 

PWA Warns of Fraudulent Water Bill Scams

The Provincial Waterworks Authority (PWA) has warned the public of scams involving water supply bills, where barcodes or QR codes redirect transactions to fraudulent bank accounts.

Customers are advised to ensure their bills do not have stickers or paper covering the original details and to verify the receiver’s account name before making any payments, which should only be directed to official PWA accounts. Continued …

Thailand Faces Population Crisis: Minister Calls for Action

Thailand’s aging population poses significant structural challenges, according to Varawut Silpa-archa, minister of social development and human security. Speaking at the “Thailand Strategy and Government Challenges” Forum in Bangkok on Thursday, he outlined the imminent issues and necessary measures.

Currently, 20% of Thailand’s population is elderly, classifying it as an “Aged Society.” Within the next 10 to 15 years, the nation is expected to transition to a “Super-Aged Society” similarly to Japan, with an aging rate projected at 30%. Continued …

Airports approved to sell alcohol on Buddhist holy days

All six main international airports, including Suvarnabhumi and Phuket, will be permitted to sell alcoholic beverages on five major Buddhist holy days to boost spending by travelers and promote tourism.

The National Committee on Alcohol Beverage Policy decided on Thursday to allow all airports under Airports of Thailand Plc (AoT) to sell alcoholic drinks on Asarnha Bucha, Visakha Bucha, Makha Bucha, Buddhist Lent and the end of Buddhist Lent days. Continued … 

Criticism Grows Over Alcohol Sales on Religious Holidays at Airports

The Stop-Drink Network Thailand voiced strong objections to a new regulation allowing alcohol sales at major international airports during Thai religious holidays. Teera Watcharapranee, the network’s manager, criticized the move, spotlighting the five major Buddhist holidays affected.

He argued that this aligns with a broader, profit-driven government agenda, which also includes relaxing alcohol restrictions and extending bar hours until 4 am. Continued …

Thailand using ‘smart waste management’ to tackle illegal waste dumping

As global organizations like the UN ring alarm bells about Southeast Asia becoming the “destination for world’s illegal waste,”, countries like Thailand are increasingly turning to smart waste-management technologies to curb the issue.

Since 2019, the Industrial Estate Authority of Thailand (IEAT) has been using real-time monitoring and tracking capabilities to prevent illegal waste dumping and protect the health of those living in industrial estates, stated the agency’s representative. Continued … 

Meet the young Thai trailblazers featured on Forbes list

Seven young Thais have earned their spot on the prestigious Forbes Under 30 Asia 2024 list. These trailblazers join the ranks of 300 influential under-30s from 21 countries, making waves across categories like entertainment, sports, technology, finance, healthcare, and social impact.

Among the standout achievers, India leads with 86 honourees, followed by 32 each from China and Japan. Singapore boasts 27, while Australia and Indonesia follow with 26 and 18, respectively. Here are the remarkable Thais who made the cut: Continued …

NSC to review new permanent border checkpoint with Cambodia

The National Security Council (NSC) will examine the trade benefits and security concerns surrounding a proposed new permanent border checkpoint with Cambodia, according to a senior official. Police in Trat province are advocating for Ban Tha Sen in Mueang district to be established as a permanent checkpoint following Cabinet approval, pending NSC support.

Ban Tha Sen borders Phothisat province in Cambodia. Currently, the crossing operates three days a week to facilitate local border trade but lacks official checkpoint status. Continued …

Egg-White Rice: A nutrient-rich, Innovative choice for the health conscious

The Chula Faculty of Allied Health Sciences has launched a ready-to-eat flourless rice innovation made from egg whites, branded “eggyday”.

This product is low in calories, filled with good-quality protein, high in calcium, complete with dietary fibers, and free of gluten. It is suitable for health-conscious people trying to control their weight, the elderly, and those suffering from diabetes. Continued …

Chinese couple’s lion taming lands them in hot water

Police yesterday charged a Chinese couple at their luxury home in Pattaya for illegally housing two lions. The couple were also suspected of illegally importing luxury cars, a Ferrari and a Rolls-Royce.

Officers from Nongprue Police Station and the Office of Natural Resources Conservation Area 2 (Sriracha) raided a luxury home in the Bang Lamung district of Pattaya Thursday after a tip-off that the foreigners who owned this house possessed illegal items. Continued … 

June inflation sees big drop

Thailand reported a month-on-month drop in inflation in June to 0.62 %, compared to 1.54% in May, a decline attributed to the end of the low base impact of electricity costs from the previous month, Poonpong Naiyanapakorn, director of the Trade Policy and Strategy Office (TPSO), said on Friday. The Consumer Price Index (CPI) rose year on year to 108.50 in June, up from 107.83 in June 2023.

The prices of fresh food items increased at a slower rate due to favorable weather conditions for cultivation after the extreme heat had passed. Other goods and services had minimal impact on inflation. Continued …

Email link – kenbrown@businessclassasia.com

Plunging car prices in Thailand ‘signal rising economic woes’

Car prices in Thailand are plummeting, reflecting a weakening purchasing power of the middle and lower classes, economists say.

This trend has also raised concerns that this could lead to reduced consumption, employment and production. As car prices fall, consumers may abandon the vehicles they are using, as their car loans may no longer seem worthwhile to pay back. Continued …

Structural changes key to push Thai economy beyond 3%: BOT governor

Thailand needs to change its economic structure to focus on investment and new technologies in order to push economic expansion to meet the government’s target of 5% year on year, Bank of Thailand (BOT) Gov. Sethaput Suthiwartnarueput said on Thursday.

The governor was speaking at a meet-the-press event on Thursday at the Bank of Thailand Learning Center in Bangkok, the first time in several months he has given an interview to the press. Continued …

Residential market contracts in Q1

Thailand’s residential market index in the first quarter of 2024 dropped for the sixth consecutive quarter, plunging to a low point post-pandemic as GDP growth slowed to 1.5%.

Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the index was 79.6, down 2.8% from 81.9 in the fourth quarter of 2023, and dipping 15.4% from 94.1 in the first quarter of 2023. Continued …

Committee Suspends Digital Wallet Budget for Further Review

The special committee for the consideration of the draft annual budget expenditure act for the 2025 fiscal year has decided to temporarily suspend the budget for the digital wallet stipend program, amounting to 152.7 billion baht.

Thakorn Tantasith, a party-list MP of the Thai Sang Thai Party, revealed that the Ministry of Finance has been asked to provide additional documents for a more thorough review. Continued …

PTT retains ‘Thailand’s most valuable brand’ crown for 4th year in a row

National oil and gas conglomerate PTT Plc has been crowned Thailand’s most valuable brand for the fourth consecutive year in the “Brand Finance Thailand 50” 2024 report, with an estimated brand value of 302.72 billion baht.

Brand value is understood as the net economic benefit that a brand owner would achieve by licensing the brand in the open market. Continued … 

China’s high-quality development to benefit Thailand

China’s high-quality development philosophy featuring innovative, coordinated, green, open and shared development would help Thailand to escape from the middle-income trap and achieve the shared goal of joint development, said Thai scholars.

“As Chinese President Xi Jinping said, high-quality development can meet people’s ever-growing desire for a better life. Such desire is also shared by Thai people,” said Arm Tungnirun, director of the Chinese Studies Center under the Institute of Asian Studies at Chulalongkorn University. Continued …

Drone industry set to be boon for Thai economy

Commercial drones or unmanned aerial vehicles (UAVs) are set to offer significant opportunities for the Thai economy thanks to their crucial role in several industries, experts say.

Manu Leopairote, chair of GML Exhibition (Thailand), said the commercial drone industry was valued at US$20.8 billion (761.5 billion baht) in 2021 and is expected to reach $1.2 trillion by 2030. Citing a market forecast by Straits Research, he said the industry is expected to grow 14% annually from 2022 to 2030. Continued …

SCG Cleanergy Collaborates With Seagate Thailand for Solar Rooftop Power

SCG Cleanergy Co. and Seagate Technology (Thailand) Co. have signed a contract to purchase electricity from clean energy. This agreement involves the installation of a 20.96-megawatt solar rooftop system at Seagate’s factory in Nakhon Ratchasima Province.

This project marks the largest solar initiative since SCG Cleanergy began operations, highlighting a commitment to sustainable energy and the movement toward a low-carbon society. Continued …

Bhumjaithai Party Adviser Seeks Caution on Cannabis Reclassification

Supachai Jaisamut, adviser to Deputy Prime Minister Anutin Charnvirakul, voiced concerns during a seminar on the future of cannabis in Thailand.

As the former chairman of the committee responsible for the Cannabis and Hemp Act, Supachai reiterated that the Bhumjaithai Party remains steadfast in its initial ideology. The party has consistently aimed to ensure that cannabis benefits citizens, particularly in medical, health, and economic applications. Continued …

Cannabis set to return to illegal drugs list after vote

A committee tasked with controlling illegal drugs has won a majority vote to have cannabis and hemp reclassified as narcotics, and the listing will take effect on Jan. 1 of next year, according to Dr. Surachoke Tangwiwat, deputy permanent secretary at the Ministry of Public Health.

Dr. Surachoke, who chaired Friday’s meeting, said all the committee members agreed on the principle that cannabis should be used for the purposes of medical treatment only, not for recreational use. However, there were disagreements on certain points. Continued …

Thai Domestic Travel Plummets, Only 57% Plan Local Holidays

A recent survey has unveiled a sharp decline in domestic travel intentions among Thai citizens, with only 57% planning holidays within the country for the third quarter of this year. This marks a significant decrease from 64% in the previous quarter and a steep fall from 74% at the beginning of the year.

Conducted by the Tourism Council of Thailand (TCT), the survey encompassed 450 Thai nationals earning over 10,000 baht per month. Results showed a striking drop in average spending per person on domestic trips to 2,683 baht in the second quarter, compared to 6,856 baht in the first quarter. Continued …

TAT sees seat capacity as key to enticing Chinese tourists

The government target to attract 8 million Chinese tourists this year remains achievable if airlines can ramp up seat capacity to more than 80% of pre-pandemic levels, according to the Tourism Authority of Thailand (TAT).

As of June 30, Chinese visitors to Thailand led other markets, with 3.5 million from 17.5 million total foreign arrivals. Travelers from Malaysia and India tallied 2.4 million and 1 million, respectively, according to the Tourism and Sports Ministry. Continued …

PM to push 11 soft power industries, Bt4 trillion eyed

Prime Minister Srettha Thavisin is ready to build on the success of the “Thacca Splash – Soft Power Forum 2024” by encouraging 11 soft power industries to generate 4 trillion baht for the country in four years, according to government spokesman Chai Wacharonke.

Chai said Thursday the prime minister is looking to create an ecosystem that will allow Thai soft power industries to grow and workers’ skills to improve. Continued …

Thailand Launches Eco-Friendly Amazing Beach Life Festival

The Tourism Authority of Thailand (TAT) launched the “Amazing Beach Life Festival” this month in four locations: Rayong, Phang-Nga, Phuket, and Songkhla. The festival features music, sports, and art on the beach.

Vice Minister of Tourism and Sports Phonpoom Vipattipumiprates said that in an effort to boost tourism during Thailand’s green season, TAT has launched the “Amazing Beach Life Festival” project, which is part of a “big event” lineup set to take place in the latter half of this year. Continued …

Pattaya motorbike taxi drivers tarnish tourist hotspot

Pattaya City and Banglamung district officials are grappling with a surge in incidents involving motorcycle taxi drivers, jeopardizing the area’s status as a top tourist destination.

Disturbing reports have surfaced, highlighting assaults on foreign tourists and harassment of individuals mistaken for ride-hailing service drivers. These altercations have frequently escalated into heated verbal confrontations and even physical violence. Continued … 

THAI to restart flights on more routes to Europe

National flag carrier Thai Airways International (THAI) is planning to restore flight routes to Europe that have been suspended since Covid-19 outbreak, hoping to secure 180 billion baht revenue this year.

CEOChai Eamsiri said on Friday that of the targeted revenue, 160 billion baht would come from airline operations, with average cabin factor in 2024 at 75%. Continued … 

Email link: sivanavillas@gmail.com

Tourists swarm first durian café in Nakhon Ratchasima

Tourists flocked to Wang Nam Khiao’s first durian café in Nakhon Ratchasima, eager to sample 38 varieties of the fruit amid cool, rainy weather. The Ploenchit Durian Garden, located in Ban Khlong Sai Village within Wang Nam Khiao district, saw a bustling atmosphere throughout the day.

Visitors drove to the renowned garden, situated in the heart of the village, which is also known for being the best spot in Thailand to view wild gaurs. The main attraction was the newly opened durian café, designed to resemble a barn but with a modern twist that harmonizes with the natural surroundings. Inside, patrons could purchase fresh durian, durian sticky rice, durian ice cream, and even durian-based beverages. Continued …

#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

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

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

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

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

Monday’s news-July 1


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Thailand’s problematic expats?/Foreigners behaving badly/Russian arrested in Hua Hin/British teacher, 30, jailed in Thailand/Hua Hin among world’s 10 most affordable beach destinations/Hua Hin Food FestivalFirst ever Pride parade/Get Ready For Increased Rainfall/Thailand’s new healthcare policy/Thai banks cautioned about Myanmar/Yala Car Bomb Attack/UFO sighting over Prachinburi/Economy: Do subsidies affect consumption?/Surge in factory openings/Is Thailand Joining BRICS a Disaster?/Opportunities for agriculture industry/Exporters urged to tap future foods/Grab bucks the trend/Strong FDI flows/Tourism: Searches soar for Thai destinations/TAT rolls out six tourist train rides/Tourists in Chiang Mai Rescued/Heavy flooding in Phuket/Better surf danger awareness/Jet-Ski Passenger Missing/Russian Teen Injured from Speedboat Propeller/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

For Anantasila’s July 4th menu, please CLICK HERE

Why are so many foreigners residing in Thailand problematic types?

I can’t help but notice all the negative aspects about many of the expats I’ve come across in Thailand. It’s disheartening to see that so many foreigners seem to fall into one of several categories: unpleasant, criminal, or otherwise problematic.

Firstly, the number of rude and disrespectful expats is staggering. It’s as if some people left their manners at the airport. From obnoxious behavior in public to a complete lack of respect for Thai culture and people, these individuals don’t add anything positive to the backdrop. It’s also embarrassing and frustrating to witness. Continued …

Russian arrested in Hua Hin with multiple drugs seized

A Russian man has been arrested and illegal drugs seized from his room in Hua Hin town of Prachuap Khiri Khan province.

The arrest followed the seizure of a parcel containing 840 grams of mephedrone on June 24, Office of the Narcotics Control Board (ONCB) Secretary-general Panurat Lakboon said on Saturday. He did not disclose the name of the suspect. Continued …

British teacher, 30, jailed in Thailand reveals ‘inhumane’ living standards

A British teacher who was behind bars in a Thai prison for five months has spoken out about the “inhumane” conditions of his cramped cell with 180 convicts.

Jamie Morton, 30, had been living in the country as an English teacher, but soon after he decided to work illegally after his visa expired, he fell into a life of drugs and alcohol. Continued …

  • Indian Tourists Brawl in Pattaya; Arrests Made – Continued …
  • Suspected Japanese criminal arrested in Bangkok for overstaying visa – Continued … 

Hua Hin listed among world’s 10 most affordable beach destinations to live

Hua Hin has been recognized as one of the 10 most-affordable beach destinations to live in worldwide, according to a recent list released by Travel & Leisure.

The ranking, based on input from International Living magazine and various cost-of-living reports, highlights destinations that offer budget-friendly living without compromising on quality of life. Continued …

Hua Hin Food Festival set for August 2-4

The Hua Hin Food Festival 2024, scheduled for Aug. 2-4, will feature over 100 booths, according to the latest update from Hua Hin Municipality and Hua Hin Women’s Club. The festival will be held at Suan Luang Queen’s Park (19 Rai).

The festival will feature over 40 booths from hotels and restaurants in Hua Hin and more than 60 booths from community restaurants. Attendees can expect a variety of local dishes and specialties at affordable prices. Continued …

Hua Hin holds first ever Pride parade

Large crowds gathered at in front of Bluport Hua Hin on Saturday for Hua Hin’s first-ever Pride parade.

Former Deputy Prime Minister Suwat Liptapanlop presided over the Bluport Rise of Pride 2024 event and kicked off the Color of Pride 2024 parade. Continued …

Get Ready For Increased Rainfall As La Niña Roars Back

With La Niña, the cooler counterpart to the famed El Niño, now making a grand return, Thailand faces above-average rainfall from July to September, with this continuing until January-March, 2025.

The Thai Meteorological Department’s Climate Center said, as the southwesterly monsoon covers Thailand from mid-May to mid-October, with this originating from a high pressure zone in the southern Indian Ocean, the reemergence of La Niña weather pattern will lead to more rainfall, especially along the coast and mountainside. Continued …

Navigating the promise and pitfalls of Thailand’s new healthcare policy

The government’s groundbreaking move to allow Thais to receive universal healthcare treatment at any public hospital has been greeted by cheers – but also fears.

While the policy promises greater convenience for patients, critics warn of potential risks, including the collapse of the primary healthcare system and increased public healthcare expenses, as well as overcrowding and excessive workloads at popular hospitals and medical facilities. Continued …

Thai banks cautioned about compliance issues related to transactions with Myanmar

The Bank of Thailand has mandated that Thai financial institutions comply with the Anti-Money Laundering Act B.E.2542, including following the KYC and EDD procedures outlined by the AMLO. Failure to comply will result in actions by the AMLO.

Following recent developments concerning transactions between Thai financial institutions and Myanmar, the Anti-Money Laundering Office (AMLO) has reiterated the necessity for all financial institutions to adhere to the Anti-Money Laundering Act B.E. 2542 (1999). Continued …

Email link: sivanavillas@gmail.com

One Killed, Many Injured in Yala Car Bomb Attack

A devastating car bomb exploded in Yala, resulting in one death and multiple injuries. The bomb detonated outside police apartments in Bannang Sata district, in the troubled southern province.

Initial reports from local law enforcement reveal that insurgents parked a car packed with explosives in front of the police residential building, which is located near both the district office and the main police station. The type of detonation — whether time or remote-controlled — remains unclear at this stage. Continued …

UFO sighting over Prachinburi pond sparks local curiosity

A former MP candidate claims to have witnessed a large UFO over a pond in Prachinburi’s Prachinwanarom Park, describing it as a recurring phenomenon. She believes the UFO visits to extract energy and has linked it to lucky lottery numbers.

On Saturday, a video was posted showing a large, soft blue light moving upward in the night sky over a pond in Prachinburinwanarom Park, Prachinburi City Municipality, Prachinburi Province. The light emitted a long beam, cutting through the darkness and making it clearly visible. Continued …

Do subsidies affect consumption?

Government attempts to limit energy prices in Thailand may please the public in the short term, but they are raising concerns about fuel consumption over the long term.

Among the latest measures is an extension of the diesel price subsidy, paid for by the Oil Fuel Fund, fixing the retail price at 33 baht a liter until July 31. Continued …

13 industries see surge in factory openings despite economic downturn

Thailand’s industrial sector overall in June showed signs of slowdown. This is attributed to domestic factors, particularly declining industrial confidence stemming from the risk of drought affecting agricultural products.

However, Warawan Chitaroon, the director of the Office of Industrial Economics (OIE), said visa exemption measures in several countries are expected to boost tourism and the economy. At the same time, business confidence continues to improve. Continued …

Is Thailand Joining BRICS a Disaster?

The Thai government controversially submitted an application to join BRICS earlier this month – is it a mistake and a disaster?

Well, the timing was awkward, if not bad, considering that Russia, a key BRICS member, is still waging a full-scale war against Ukraine and an arrest warrant against Russian President Vladimir Putin has been issued by the International Criminal Court. Continued …

CP chairman notes opportunities for agriculture industry

Durians, beans, food as medicine and plant genome editing could play important roles in boosting the competitiveness of the Thai agriculture industry, the senior chairman of Thailand’s largest conglomerate said on Friday.

Dhanin Chearavanont of Charoen Pokphand Group (CP) said the industry could gain positive sentiment from rising global demand for herbs amid the trend of food as medicine. He asked the government to support herb cultivation in terms of quality and safety. Continued … 

Thai exporters urged to tap future foods amid greater health awareness

Thailand’s export of future foods is expected to rise by 5%-10% this year on healthcare trends among consumers, the Thai Future Food Trade Assn. Said.

The association president, Wisit Limluecha, said was ranked 12th among world’s food exporters with 70% of food production for domestic consumption and 30% for export. Continued …

Grab bucks the trend of struggling food delivery operators

The food delivery market in 2024 continues to experience a downward trend, and would be valued at around 86 billion baht, a 1% year-on-year contraction, according to Kasikorn Research Center.

The declining trend is persisting even though the average price per order is expected to increase by approximately 2.8% from the 2023 average, or around 185 baht per order. Continued …

Southeast Asian countries see strong FDI flows

Southeast Asia has emerged as a top choice for firms looking to diversify production away from China, including Chinese companies, amid escalating tensions between Washington and Beijing.

Southeast Asia is well-placed to benefit significantly from the China+1 phenomenon, as both foreign and Chinese companies diversify their supply chains and operations, Kuo-Yi Lim, co-founder and managing partner of Southeast Asian venture capital firm Monk’s Hill Ventures was quoted as saying. Continued …

Agoda: Searches soar for Thai destinations

As the rainy season sets in, there’s an uptick in searches for Thailand’s secondary cities, Agoda observes in its latest Thai travel market report. Based on accommodation searches, Agoda identifies so-called secondary cities in Thailand: Chanthaburi, Nakhon Si Thammarat, Nakhon Nayok Ratchaburi, and Chiang Rai.

Chiang Rai’s main tourist season was cut short by forest fires, and smog was deemed a serious health hazard for its elderly residents and children. However, the early onset of the rainy season revived domestic bookings, although hoteliers report that June to September performance metrics — average room rate, REVPAR and occupancy — are well below the pre-pandemic seasonal averages. Continued …

TAT rolls out six tourist train rides, including to PKK July 13-14

Leveraging on the country’s logistics capabilities, the Thai government plans to promote year-round travel for tourists, and as part of this policy the Tourism Authority of Thailand (TAT) is collaborating with relevant partners to develop infrastructure that allows tourists easy access to major attractions.

The “Amazing Experience” initiative aims to provide new and valuable travel experiences in major cities, connecting 55 notable provinces across the country. This is done in conjunction with presenting Thai identity through the concept of “5 Must Do in Thailand” to drive the government’s “Ignite Thailand’s Tourism” policy. Continued …

Tourists in Chiang Mai Rescued from Raging River by Elephant Mahout Team

A group of tourists were stranded in the middle of a raging river after their raft capsized in Chiang Mai province on Friday. Fortunately, they were rescued just in time by a team of elephant riders.

The dramatic moment was shared online, showing a group of tourists enjoying rafting when their raft capsized due to a sudden strong current. Continued …

Email link – kenbrown@businessclassasia.com

Heavy flooding after torrential rains in Phuket

Heavy rainfall in Phuket disrupted flights and caused widespread flooding across the tourist island province. Starting at 7am yesterday, persistent rain forced the diversion of around 10 inbound flights to other airports, including Don Mueang, Suvarnabhumi, Krabi, Langkawi, Penang, and Surat Thani.

The heavy downpour reduced visibility, making it impossible for pilots to see the runway, according to Phuket airport director Monchai Tanod. Four outbound domestic flights were also affected, unable to depart as they waited for passengers from the delayed incoming flights. Continued …

Lifeguards call for better surf danger awareness among tourists

Wirun Chuasaman, head lifeguard at Surin-Bang Tao Beach, has called for intensive campaigns to educate tourists of the dangers of rip currents and strong waves during the southwest monsoon to help reduce the number of people drowning at tourist-popular beaches. Continued …

Jet Ski Passenger Missing after Falling into Samui Sea

An 18-year-old jet ski staffer has gone missing after he sat behind a foreign customer before falling into the sea near Samui Island on Friday.

The Bophut Police said they were notified Thanatip Sompaen, 18, from Nakhon Si Thammarat, had gone missing near the Chaweng Beach. Continued …

Russian Teen Injured from Speedboat Propeller Near Patong Beach

A 17-year-old female Russian has sustained leg injuries from a speedboat propeller while swimming near the Patong Beach.

The Patong Police were notified of the incident from Patong lifeguards on Saturday. Emergency responders arrived at the scene at the Patong Beach near the Taweewong road. Continued …

Indonesia to impose 100% import duties

Indonesia is preparing to impose safeguard duties of 100% to 200% on imports ranging from footwear to ceramics, reviving a plan to protect domestic industries, according to its trade minister. 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

Saturday’s news-June 29


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For Anantasila’s July 4th manu, please CLICK HERE

Top ways to fail at getting a work permit in Thailand

Obtaining a work permit in Thailand is a complex process due to its strict regulations and substantial penalties for violations. Potential issues can vary from misplacing or modifying your work permit without prior notification to the designated authorities to not correctly updating personal detail changes. These errors can unintentionally endanger your work status.

A slight alteration to your personal information can potentially place you in legal difficulty if it is not communicated accurately to the Employment Service. Furthermore, not returning your work permit within seven days after your job resignation can have serious implications. Continued … 

Thailand health insurance solutions for long-term visitors

Health insurance is vital for long-term visitors in Thailand, since foreigners typically do not qualify for Thailand’s public health insurance schemes available to locals. Expats and digital nomads should secure private health insurance for access to private healthcare facilities.

For long-term visitors, especially those who do not speak Thai, access to the country’s private healthcare sector is more than just a quality issue. In addition to providing better services and being more well-equipped, private facilities are more likely to have English-speaking staff to cater specifically for tourist’s and expats’ needs. Continued …

Banks deny they helped Myanmar junta buy weapons

The Thai Bankers’ Assn. (TBA) said on Friday that it stood firmly against facilitating transactions for the procurement of weapons for Myanmar’s military junta.

Thai banks also treat as important preventing their services from being exploited to support the procurement of any weapons to be used to breach people’s rights, it said in a statement. Continued … 

Siam Commercial Bank Clarifies Financial Transactions Related to Myanmar

Siam Commercial Bank released a statement on Friday to clarify financial transactions related to Myanmar after Tom Andrews, the U. special rapporteur on the situation of human rights in Myanmar, said in a report issued Wednesday that Thai banks have become the main supplier of international financial services for Myanmar’s military government.

Siam Commercial Bank (SCB) would like to clarify the situation regarding financial transactions between Thailand and Myanmar. SCB currently provides international transaction services with the primary objective of supporting Thai and international businesses in paying for consumer products and services to Myanmar. These services adhere to laws and prioritize compliance with anti-money laundering regulations. Continued … 

Beware of currency storms

The health of Asian currencies has been making headlines lately. The Japanese yen has depreciated to the lowest in 38 years at 160 to the dollar, leading to reports that the Bank of Japan is signaling moves to reduce liquidity and possibly continue raising interest rates to control inflation and stop the depreciation.

Other Asian currencies also weakened sharply as the dollar has strengthened. The Philippine peso, Korean won and Indian rupee are near historic lows, while the central banks of India, Vietnam and Indonesia have been intervening in the foreign exchange market to support their currencies. Continued … 

Thailand urged to do more to help singles find love, boost falling birth rates

The increase in those choosing to remain single is a global phenomenon. In Thailand, a recent survey indicates that more and more people are opting for the single life.

They say being single enables them to be more focused on their personal growth and goals and gives them greater opportunities to become more independent and leave traditional norms behind. Continued … 

Betting blitz: Cyber cops score big, seize 40M baht from online sites

Cyber police apprehended two online football betting and gambling websites, seizing assets worth over 40 million baht and arresting 10 suspects, with memberships exceeding 12,000 individuals and a cash flow nearing 100 million baht.

The investigation focused on individuals facilitating online gambling, including football betting and other types of Internet-based gambling. The first network had enough evidence to issue arrest warrants for 13 individuals, including one manager, two financial officers, and 10 employees. This network boasted over 4,000 users and had a monthly cash flow of more than 80 million baht. Continued … 

The tragic elderly elephant forced to work for 60 years

Pai Lin, 75, has endured more agonizing pain and abuse in her long life than it is possible to fathom. For decades, she was used as a working elephant, probably in the commercial logging industry before it was banned in 1989.

After logging was banned, this tortured, tragic animal was likely used to haul as many as six tourists at a time on her back in a heavy wooden seat that would have ground relentlessly into her body. Continued … 

Email link: sivanavillas@gmail.com

Madagascar lemurs, tortoises seized in Thai bust reveal reach of wildlife trafficking

In May, authorities in southern Thailand arrested six people for illegally transporting 48 lemurs and more than 1,200 critically endangered tortoises, all of which had reportedly been obtained from the wild in Madagascar.

The seizure is the latest in a string of illegal wildlife trade busts in Thailand. Red pandas, monitor lizards, snakes and parrots have been uncovered in similar incidents in the country in recent months, for instance. However, the recent seizure of so many critically endangered animals from Madagascar has alarmed experts, who say the latest bust underscores the global reach of wildlife trafficking networks using Thailand as a transshipment hub for illegally sourced wild animals and plants. Continued … 

  • Immigration Police Arrest Japanese National For Overstay – Continued …
  • Vietnamese Men Arrested for Assaulting Business Partner in Broad Daylight – Continued …
  • Chiang Mai authorities arrest two South Korean tour guides for overstay – Continued …
  • 13 members of Chinese call-scam gang arrested in Chiang Mai – Continued …

Thai fruit the sweet spot for exports, May sales soar 128% over April

Thailand’s fruit exports in May soared 128% month on month to US$1.4 billion, the Trade Policy and Strategy Office (TPSO) reported on Friday, predicting that the trend would continue for several months.

Total exports in May were valued at $26.21 billion, increasing 7.2% over the previous month and was the highest in 14 months, with main contributions coming from agricultural products, TPSO Director-general Poonpong Naiyanapakorn said. Continued … 

Thai canned tuna is the world leader with export volumes surging by 19%

Thailand exported 221,092 tons of canned tuna during the first five months of 2024, an increase of 19.4% compared to the same period last year. The exports were valued at $978.56 million, a growth of 13.4%.

In 2023, Thailand exported 445,000 tons of canned tuna, down 13.4% year on year, valued at $2,087.30 million, down 9.3% YoY. Continued … 

CP warns of farm water threats

Thailand’s agricultural sector is particularly exposed to climate risks caused by drought and floods, posing a threat to water and food security, according to Charoen Pokphand (CP) Group, Thailand’s largest conglomerate.

Dhanin Chearavanont, the senior chairman of CP Group, said the development of water resources for the agricultural sector is crucial, as drought and floods remain a major concern for the sector. Continued … 

Medlab Asia and Asia Health 2024 st for Bangkok July 10-12

Medlab Asia and Asia Health 2024 is set to welcome healthcare leaders and professionals to a melting pot of the latest products, technology, and innovations in medical laboratories and medical devices. Held in Thailand, the event is set to take place at the Queen Sirikit National Convention Center from July 10 -12 and will also host one of the largest international medical conferences in Asia.

Medlab Asia and Asia Health provide a platform for entrepreneurs to forge business networks and seize opportunities amid the challenges of the medical sector in Thailand and the broader Asian region. Continued … 

Second Trump Presidency threatens further damage to the baht, the economy and Thai money markets

Former U.S. President Donald Trump took a big step forward on Thursday night in Atlanta, Georgia. In short, all of a sudden, the prospect of another unpredictable Trump presidency has come closer.

Undoubtedly, this poses challenges for Thailand’s economy, which has been ripped apart by the collapse in the global economic system Trump initiated in his first term. Certainly, already in the aftermath of the first debate, there are concerns about a stronger dollar and rising capital flight from Thailand. Continued … 

Thailand expected to see a significant increase in tourists

Thailand is preparing for a significant increase in tourists, with expectations of record visitor numbers from Malaysia, India, South Korea, and Russia in 2024. This is due to the strong support from the government and the country’s positive global image.

The Association of Thai Travel Agents (ATTA) predicts that arrivals from Malaysia will rise to 5 million this year, topping the previous record of 4.27 million in 2019. According to ATTA President Sisdivachr Cheewarattanaporn, the organization anticipates welcoming 2 million visitors each from India and South Korea. This is higher than their 2019 figures of 1.96 million and 1.88 million visitors, respectively. Russian tourist numbers are also predicted to reach 1.8 million, surpassing the1.74 million that visited in 2023. Continued … 

Tourism confidence low amid sluggish economy

The tourism confidence index remained below the benchmark in the second quarter, hampered by stagnant economic growth, though it improved from last year, according to the Tourism Council of Thailand (TCT).

The index for the second quarter was 79, lower than the benchmark of 100 recorded before the pandemic. Although the index fell from 81 in the previous quarter, it improved from 72 in the same period last year. Continued … 

Chiang Mai, Hat Yai, Phuket most popular air travel destinations in Q1

The three most popular flight destinations in Thailand during January to March this year were Chiang Mai, Hat Yai (Songkhla province), and Phuket, the Civil Aviation Authority of Thailand (CAAT) said on Friday.

The authority said the flights from Bangkok to Chiang Mai, the northern tourist city, had three operators: Nok Air, Thai AirAsia, and Thai Lion Air, who offered a maximum of 10, 13, and 5 flights per day, respectively. Continued … 

AirAsia boosts China tourism with new Beijing-Bangkok flight route

AirAsia unveiled a direct flight route from Beijing Daxing International Airport to Bangkok Don Mueang International Airport yesterday, with the strategic objective of further solidifying its position as a premier foreign airline in the Chinese market.

Scheduled to commence operations on July 1 with a daily flight service, this new route will grant passengers increased access to AirAsia’s extensive route network, enabling them to explore popular destinations such as Chiang Mai, Chiang Rai, Nakhon Si Thammarat, Phuket, Hat Yai, and Krabi, as confirmed by AirAsia. Continued … 

Email link – kenbrown@businessclassasia.com

July 2024’s Festivals and Events in Thailand

Thailand is organizing the “Celebrations on the Auspicious Occasion of His Majesty the King’s 6th Cycle Birthday Anniversary 28th July 2024″ throughout this year. For this month, special cultural performances are scheduled to take place at Sanam Luang in Bangkok.

This month also sees two of the most important Buddhist dates observed, this being Asanha Bucha Day and Khao Phansa Day. In addition, there are numerous events and festivals happening around Thailand – including the Bun Luang and Phi Ta Khon Festival 2024 in Loei, the ‘Vijitr’ lighting extravaganza in Ubon Ratchathani and Chon Buri, and the Amazing Beach Life Festival in Rayong, to name a few. Continued … 

Things You Absolutely Need To Know Before Visiting Thailand During The Rainy Season

The rainy or monsoon season in Thailand can either be a blessing or a curse for those wanting to visit the country. Flights and accommodation might be cheaper this time around but, well, it’s raining, which might make some think that they won’t be able to explore the country.

If you’re trying to decide whether or not it’s worth it to visit the Land of Smiles during this season and you want to know the pros and cons, here are some FAQs about the rainy season in Thailand that might help you. Continued … 

How to Have the Best Three-Day Visit to Bangkok

Bangkok is impressive in terms of numbers. Thailand’s fiery, colorful capital comprises just over 600 square miles, has a population north of 10 million, and, in high season 2023, welcomed roughly 2 million visitors … per month.

No matter what stokes your wanderlust –– be it the street food or the fashion designers, the neon of Chinatown, or the bygone appeal of the ramshackle river homes –– Bangkok remains one of the world’s most exciting capitals to visit. Continued … 

Exploring Bangkok’s Old City and Yaowarat is super easy with MRT Blue Line

If you are in Bangkok and wish to explore the Old City or Rattanakosin neighbourhood and the bustling Yaowarat Road – Chinatown’s high street – the most convenient way to enjoy your walking tour is to take the MRT Blue Line and get off at Wat Mangkon, Sam Yot, Sanam Chai or Itsaraphap MRT stations. They run in this order from the Hua Lamphong MRT Station.

Between them, the four stations provide an easy and convenient way to go from attraction to attraction, doing away with the need to tackle traffic conditions and having to travel by taxi, tuk-tuk or motorbike taxi. All in all, it makes for a more enjoyable time spent visiting the wonderful sites of the Old City and Chinatown. 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

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