Category Archives: thai economy

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Thursday’s news-June 27

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Navigating new foreign income rules

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

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

Heavy rain and flash flood warnings issued across Thailand

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

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

Email link – kenbrown@businessclassasia.com

Top 10 international schools in Thailand

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

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

Thailand reduces school hours in major curriculum overhaul

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

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

Strong Thai Public Support For Cannabis Reclassification

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

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

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

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

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

Bank of Thailand Forecasts Modest Growth for Remainder of 2024

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

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

Factories closing as cheap imports flood Thailand

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

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

Email link: sivanavillas@gmail.com

Digital Wallet Scheme Delayed Over Detail Shortage

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

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

Ministry vows more stimulus on the way

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

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

Phenix Project Launched to Boost Global Food Wholesale Hub Ambitions

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

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

Food delivery players lose 20.7 billion baht

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

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

Investment in Phuket real estate continues to surge

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

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

Google inks cloud partnership in Thailand with Gulf

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

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

Motorbike sales fall as banks cut back on lending

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

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

Thailand Targets 2.4 Million Indian Tourists with Visa-Free Policy

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

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

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

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

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

Lalisa showcases Bangkok’s Chinatown in latest music video

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

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

Ubon Ratchathani stages Candle Festival

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

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

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

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

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

Bus Tickets 

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

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

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

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

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

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

 

90-day online reporting

Emergency hotline numbers:

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

Wednesday’s news-June 26

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

Please welcome of newest Sponsor …

Kaiyo Window Films

Kaiyo Window Films is a previous sponsor of Hua Hin Expat News but had to discontinue its position here during the Covid-19 pandemic. They are back now to offer local businesses and home-owning expat readers the best in solar and ultraviolet protection for their homes.

If your building uses air conditioning, you may not feel you have a need to control solar heat gain. However, the fact is fuel costs are spiraling and the excessive use of AC systems plays a significant part in climate change. It has become environmentally damaging and financially costly to allow the sun’s heat to enter a building, only then to be artificially cooled.

KAIYO Window Films Co., Ltd., has 9 years experience in Thailand, and more than 27 years experience in all aspects of solar control and privacy window film application in the UK and Europe, offers the same high standard and invaluable knowledge gained by our experience using the best U.S and Korean-made films with a 5- to 10-year guarantee, and latest high-tech measuring equipment here in Thailand. All our installers are trained by Kaiyo experts or are approved installers from the manufacturers.

We can supply both Nano and Carbon Ceramic films, and films suitable for double glazing. We only use specialized architectural window films on residential and commercial buildings!

We have established direct working relationship with Pure8 Developments, who built the luxury Ban Ing Phu Development and Ban Rom Yen at Springfield Royal Country Club. We now also work closely together with Beautiful World Furniture and White Beach Villas, plus having worked directly with customers in most developments in Hua Hin, having great feedback and recommendations with a 5* Google Rating.

Kaiyo also has completed large projects at Amanpuri 5* residential properties in Phuket, the CAE Flight training center for Air Asia in Bangkok, as well as, locally, Nana Dental Clinic, Bangkok Hospital and Kuiburiwittaya School in Kuiburi.

Installing solar-control window films in your office, hotel or business premises is a cost-effective way to reduce your energy usage for cooling, therefore generating more profits and keeping in line with legislation for business energy usage.

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

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

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

Customs officials ‘helped’ supercar importers dodge Bt897 million duty

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

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

Email link – kenbrown@businessclassasia.com

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

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

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

Young people ignorant of vaping risks, survey finds

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

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

Feuding Top Thai Cops Reinstated After Suspension Controversy

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

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

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

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

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

Seized drug assets to fund addict rehabilitation in Thailand

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

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

Thailand’s status unchanged in US trafficking report

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

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

Swiss Barber Arrested for Illegal Work and Taunting Thai Police

Continued … 

Increasing foreign ownership limit for condos would boost economy

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

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

Srettha denies ‘selling off’ the country

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

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

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

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

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

Email link: sivanavillas@gmail.com

New foreign business investment rises 58% in first 5 months

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

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

Thailand’s auto production falls 16.2% in May

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

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

Thailand imports shrimp from Ecuador amid local production crisis

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

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

Business cloud software giant Infor targets Thailand’s potential

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

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

Public cloud spending set to soar

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

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

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

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

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

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

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

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

EVA Air Secures SKYTRAX Excellence Award

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

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

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

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

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

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

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

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

Visa says rising costs hitting Asia-Pacific business travel

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

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

MICE market set to beat expectations

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

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

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

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

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

Thailand in Top 50 in 2024 Happiness Report

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

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

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

Bus Tickets 

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

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

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

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

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

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

 

90-day online reporting

Emergency hotline numbers:

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

Tuesday’s news-June 25

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Re: New tax on foreigner income

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

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

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

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

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

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

Lots of rain forecast for Hua Hin

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

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

Hua Hin International Contemporary Art festival June 25-July 13

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

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

Older banknotes pushed for occasions

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

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

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

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

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

Email link – kenbrown@businessclassasia.com

Traders bullish on outlook for gold prices

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

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

Uncovered: Trafficking of Thai Teenagers for Elderly Care in China

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

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

2 drunk Russian women attack Thai woman after Phuket car crash

Continued … 

From challenges to opportunity: Transforming Thailand’s capital market

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

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

Thai economy buffeted by many negative factors, say economists

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

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

Outdated laws said hindering growth

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

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

Thai Hotels Object to 75% Foreign Condo Ownership Proposal

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

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

PM Srettha races to transform Rayong and Chon Buri

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

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

Email link: sivanavillas@gmail.com

Thai Handicrafts to Drive Economic Growth, Says Deputy PM

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

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

Lopburi’s Monkey Control Efforts Revive Business Confidence

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

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

Three Thai airlines devising fundraising plans to exit rehabilitation

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

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

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

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

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

Plant-based market set to grow

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

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

Flying Goose Aims for Top Sriracha Sauce Brand

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

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

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

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

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

Hotels worry as another German firm goes bust

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

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

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

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

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

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

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

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

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

Bus Tickets 

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

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

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

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

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

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

 

90-day online reporting

Emergency hotline numbers:

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

Monday’s news-June 24

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Ease foreign tax burden

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

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

French Ambassador visits Hua Hin

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

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

Hua Hin International School

International School Costs Rise in Thailand

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

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

Heavy rainfall warning issued across 56 Thai provinces

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

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

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

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

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

Construction of last three double-track rail routes approved

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

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

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

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

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

Phuket’s soaring costs squeeze expats and locals alike

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

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

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

Darkest days before the dawn

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

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

Ministry keeping a close eye on prices

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

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

Thai PM Defends Changes to Property Rules for Foreign Buyers

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

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

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

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

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

New regulations to protect online shoppers

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

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

Businesses severely impacted by declining purchase power

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

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

Thailand’s House Approves 3.75 Trillion Baht Budget for 2025

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

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

Political risk weighs on economy

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

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

Hotels to get fee waiver extension

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

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

Email link: sivanavillas@gmail.com

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

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

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

Thailand to rake in Bt7.5 billion from films

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

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

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

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

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

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

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

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

Thailand Extends Free Tourist Insurance Until Year-End

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

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

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

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

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

Thai private hospitals seek to capitalize on medical tourism

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

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

Khao Sak National Park

Foreign Tourist Surge Boosts Thai National Park Revenue by 21%

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

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

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

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

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

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

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

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

Thailand ranked the sixth best MICE destination in Asia Pacific

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

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

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

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

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

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

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

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

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

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

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

Construction Company Shares Impact of Employee Mission Trip to Thailand

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

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

Thailand has its own truffles, Chiang Mai researchers find

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

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

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

Bus Tickets 

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

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

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

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

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

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

 

90-day online reporting

Emergency hotline numbers:

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

Saturday’s news-June 22

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

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

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

Phraya Nakhon Cave pavilion’s 134th anniversary

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

Police rev up crackdown on illegal exhausts to silence street racers

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

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

Thailand’s industrial estates brace for La Niña flooding

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

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

British Couple Arrested for Running Xanax Scam in Thailand

Continued … 

Thailand mulls allowing foreigners to buy 75% of condo units

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

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

Srettha touts new economic stimulus measures

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

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

FTI refutes speculation of price war between EV and ICE automakers

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

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

Power generation investment to reach Bt1 trillion within 6 years

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

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

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

Email link – kenbrown@businessclassasia.com

Thailand approves VAT on cheap imported goods

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

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

Thai exports surge to $26.22 billion in May

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

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

Land bridge project would be a boost to shipbuilding industry

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

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

Haulage operators threaten strike over diesel prices

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

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

Harman announces groundbreaking for new manufacturing facility in Thailand

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

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

Bangkok, Samui garner T&L awards

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

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

Email link: sivanavillas@gmail.com

Tourist police step up protection in Pattaya

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

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

South Thailand Hoping Improvements Make For Better Tourism

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

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

Two Thai dishes among 10 Weirdest Foods in the World

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

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

Gender and sexual norms in the eyes of Buddhism

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

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

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

Bus Tickets 

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

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

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

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

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

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

 

90-day online reporting

Emergency hotline numbers:

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

Friday’s news-June 21

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Belgian man dies from injuries sustained in attack in Hua Hin

A Belgian man who was gravely injured in a brutal attack in Hua Hin in April has died from his injuries, it has been announced.

Jan Valkenborg from Riemst, Limburg province, was in Hua Hin when he was assaulted by a German national. The attacker, who had a criminal record and was a member of a fight club, also assaulted another person that same evening. Continued … 

Stormy forecast: Extreme rain and thunderstorms in 42 provinces

The Meteorological Department of Thailand (TMD) issued another severe weather warning for 42 provinces nationwide, forecasting heavy rainfall and thunderstorms. Bangkok is expected to experience significant rain coverage at 70%, with authorities urging caution for flash floods and forest runoff.

The TMD released a 24-hour weather forecast today, highlighting the strengthening southwest monsoon covering the Andaman Sea, Thailand, and the Gulf of Thailand. A low-pressure area over northern Vietnam and the central South China Sea is also influencing the weather. Continued … 

Student poverty ‘falling on deaf ears’

The government is paying insufficient attention to the dire need for extra funds to save millions of students from leaving the education system because they have run out of money, says an opposition MP.

Paramee Waichongcharoen, a list-MP from the Move Forward Party, raised the issue during the debate on the 2025 fiscal budget bill in the House of Representatives on Thursday. Continued … 

Pay deductions altered, but conscripts still have to pay for meals

The Ministry of Defense has issued a set of criteria to determine which expenses can be deducted from conscripts’ salaries to ensure military recruits have enough money left to spend.

The move comes after a case involving alleged deductions from conscripts’ salaries for utilities and miscellaneous items recently emerged on social media, with reports of them even being charged for WiFi and a 500-baht deduction for a septic tank pumping fee. Continued … 

Thailand’s Emerging Casino Landscape: A Game of Chance and Strategy

Thailand is on the cusp of a significant transformation with its move toward legalizing casino gambling. This potential shift in policy could reshape the nation’s economic and tourism landscape, tapping into the lucrative global gaming market.

The Thai government is considering a draft bill that, if passed, would mark a pivotal change in the country’s stance on gambling, potentially generating more jobs and state revenue. Continued … 

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

The real estate sector, particularly the condominium market, has been a significant contributor to the economy of many countries. However, it has seen its fair share of challenges, including oversupply and slow sales. One potential solution that has been proposed is raising the foreign ownership limit to 60%.

Currently, in many countries, foreigners are allowed to own a certain percentage of condominium units in a single development. This limit varies, but it is typically around 40%. The rationale behind this restriction is to ensure that locals have access to property ownership and to prevent foreign speculation from driving up prices. Continued … 

KResearch lowers its 2024 Thai economic growth forecast to 2.6 %

KResearch forecasts 2.6 % growth for the Thai economy in 2024, with growth gaining momentum in the latter half, driven by accelerated budget disbursement and stronger exports; close attention should be paid to trade protectionism risks.

Burin Adulwattana, managing director and chief economist at the Kasikorn Research Center, said, “U.S. economic activity has recently shown a stronger-than-expected momentum. As a result, market forecasts have been adjusted, indicating that the Federal Reserve is unlikely to cut interest rates in the near future, adopting a ‘higher-for-longer’ stance. Continued … 

561 factories in Thailand have shut their doors this year

Thailand is facing a surge in factory closures, with 561 factories shutting down this year, primarily in the steel and metal industries. The Federation of Thai Industries (FTI) warns that if production costs, including energy, transportation, and interest rates, remain high, more closures are likely. The FTI is urging the government to take immediate measures to support businesses.

ML Peekthong Thongyai, the federation’s vice chairman, said the FTI is closely monitoring the ongoing trend of factory closures. According to data from the Department of Industrial Works, 561 factories closed between January and May, resulting in 15,342 job losses, averaging about 3,000 jobs per month. Continued … 

Government Urged to Increase Import Duty on Cheaper Chinese Products

The Federation of Thai Industries (FTI) has called on the government to raise import duties or limit the influx of cheap Chinese goods to safeguard local factories.

The FTI warns that the surge of low-cost Chinese products is causing Thai industries to struggle, leading to a significant number of factory closures. Continued … 

Online platforms eye digital wallet

E-marketplaces and an online food delivery platform are keen to take part in the proposed digital wallet scheme, aiming to create an “economic impact”.

Deputy Finance Minister Julapun Amornvivat said e-marketplace operators such as Shopee and Lazada have expressed interest in taking part in the government’s digital wallet scheme. Continued … 

Line Man Wongnai fears more eateries may shutter

Line Man Wongnai has reported that the online food delivery market continues to grow, but the unfavourable economy could cause more than 50,000 to 100,000 small restaurants to close.

Thailand has a total of 700,000 restaurants, including mobile street vendors, with the total business value estimated at 800 billion baht. Of the total value, online food delivery services account for 15%. Continued … 

Thailand’s durian diplomacy: Cracking the Chinese market wide open

Thailand is going all out to secure its crown in the lucrative Chinese durian market. The government has rolled out a series of innovative strategies, including high-tech farming enhancements and stringent quality controls, to ensure Thailand remains the top durian supplier to China.

Prime minister’ spokesman Chai Wacharonke announced at a press conference that Thailand has significantly bolstered its quality-control policies for fresh fruit exports, particularly durian. Continued … 

Phuket Named Thailand’s Most Advanced Tech Province

Phuket has officially been recognized as Thailand’s leading province in technological advancements, clinching the top spot among 23 smart provinces in the latest report by the Digital Economy Promotion Agency (DEPA).

The report, part of the Thailand Smart City Competitiveness Index (TSCCI) 2023, evaluates the performance of smart cities across the country, offering insights into the progress and future potential of urban areas embracing technology. Continued … 

Thaioil CEO Honored as ‘Thailand Top CEO 2024’

Bandhit Thamprajamchit, chief executive officer and president of Thai Oil Public Co., recently received the prestigious award “Thailand Top CEO of the Year 2024” in the energy industry category.

This award, presented by Business+ magazine in collaboration with the Faculty of Commerce and Accountancy, Thammasat University, recognizes exceptional leadership that steers a company to excellence while highlighting the significance of all stakeholders amid today’s global challenges. Continued … 

Email link – kenbrown@businessclassasia.com

One Price for Locals … 6x for Tourists? When Foreigners Pay More

Hideyasu Kiyomoto, the mayor of Himeji City in Japan, this week proposed a significant price hike for foreign tourists visiting Himeji Castle, a UNESCO World Heritage site. Currently, the entry fee is JPY 1,000 (about $6) for all, but the mayor suggested increasing it to around $30 for foreigners, while locals would pay $5. The extra revenue would help with maintenance and to counter overtourism.

A restaurant in Tokyo is already testing two-tier pricing. Tamatebako in the city’s Shibuya neighborhood charges locals JPY 5,478 ($36) for a weekday lunch buffet, while foreigners pay JPY 6,578 ($42). For dinner, locals pay JPY 6,578 ($42), and foreigners JPY 7,678 ($49). Continued … 

Tourism plan for second half of 2024 unveiled

The Tourism Authority of Thailand (TAT) on Wednesday unveiled its tourism promotion policy for the second half of the year, saying it would focus on attracting customers from long-distance markets to help the agency meet the government’s target of 3.5 trillion baht in tourism revenue this year.

Siripakorn Cheawsamoot, TAT’s deputy governor for Europe, Africa, Middle East, and Americas markets, said that long-distance markets for the rest of this year will be divided into two groups. Continued … 

Illegal tour groups forced to close

The Tourism and Sports Ministry has investigated illegal tour companies offering extremely cheap packages, forcing 10 of them to close. Tour agencies said these gray market companies already account for 50% of Chinese tour groups in Thailand.

The minister’s action is in response to a call from the Association of Thai Travel Agents, which recently raised concerns about the return of ultra-cheap inbound packages. These packages promise very low fares to buyers, then once in Thailand they force tourists into shopping and spending at inflated prices. Continued … 

Forest fires cut Thailand tourism revenue by 400 million baht

Forest fires in Thailand have severely impacted the economy, with annual tourism revenue dropping from 2 billion baht to 1.6 billion baht. The Department of National Parks, Wildlife and Plant Conservation (DNP) is urgently implementing prevention plans to address these issues.

Director of the National Park Office at the DNP Chaiwat Limlikit-aksorn revealed that most forest fires are human-induced, resulting in significant environmental and economic losses. Continued … 

Thailand eyes 8 trillion baht revenue in 2027 from soft power

The Thailand Creative Content Agency (THACCA) will host the country’s first soft power expo next week to showcase the economic potential of Thai soft power in driving the country to become a leader in the creative economy.

The event, titled “THACCA SPLASH – Soft Power Forum 2024,” will be held from June 28-30 at the Queen Sirikit National Convention Center in Bangkok. Continued … 

Three-Country Route ‘Trat-Sihanoukville’ Dusted Off for High Season

Efforts to reach an agreement between three countries – Vietnam, Cambodia and Thailand – under the “Cambodia-Vietnam-Thailand Economic Corridor Cooperation Conference: CVTEC” to promote cooperation in the areas of trade, investment, transportation, tourism and MICE in the Southern Economic Corridor (SEC) have encountered numerous obstacles over the past eight years.

Recently, according to a report, at the CVTEC 2024 international conference at the Aiyapura Hotel on Koh Chang, Trat, hosted by Thailand with the support of the Thailand Convention and Exhibition Bureau (TCEB) and the Tourism Council of Thailand (TCT), things have started to come together. Continued … 

Thailand Grand Prix Set for October 25-27

The PT Grand Prix of Thailand 2024 is poised to be a highlight on the global motorsport calendar. Taking place from Oct. 25-27 at the Chang International Circuit in Buriram, this event is expected to capture the attention of over 800 million viewers from more than 200 countries.

Phonpoom Vipattipumiprates, vice minister for tourism and sports, recently emphasized the significant economic advantages of hosting the MotoGP event. Last year, the Grand Prix attracted nearly 180,000 spectators, led to an 11% uptick in international tourism, and raked in over 4.493 billion baht in local expenditure. Continued … 

Phuket lifeguards raise red flags as surf conditions turn deadly

Lifeguards today have raised red no swimming flags along Patong Beach, urging all residents and tourists to avoid entering the water. This follows a notice issued yesterday by Phuket Vice Gov. Sattha Thongkham, acting on behalf of the governor of Phuket.

The red flags indicate areas deemed too dangerous for swimming due to heavy surf conditions. Despite these warnings, some individuals continue to ignore the advisories, putting themselves at risk. Continued … 

Email link: sivanavillas@gmail.com

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

Bus Tickets 

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

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

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

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

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

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

 

90-day online reporting

Emergency hotline numbers:

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

Thursday’s news-June 20

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Email link: sivanavillas@gmail.com

Extended alcohol sales hours ruled out for now

A government panel is adamant that alcohol sales hours will not be extended, citing rising numbers of casualties and road accidents.

Public Health Minister Somsak Thepsutin said the ministry’s alcoholic beverage control committee took into consideration statistics about road accidents and related legal aspects, as the issue affected many people. Continued … 

Alibaba rumored to dump Lazada

An industry source familiar with Alibaba and the e-commerce industry says the company is in talks with Central Group and Charoen Pokphand (CP) to sell its stake in Lazada Thailand, following intensifying competition in the local market.

“There are several rumors Alibaba would like to sell Lazada, as the e-marketplace segment faces intense competition from Shopee and fast-rising TikTok,” said the source. Continued …  

Lazada denies rumor

Lazada Group has denied a rumor that it is in talks with Central Group and Charoen Pokphand (CP) to sell its stake in Lazada Thailand.

“Lazada Group is not considering any divestment of our business in Thailand and is not in discussion with any investors on this topic. Any rumors stating otherwise are untrue,” according to a Lazada spokesperson. Continued … 

Bangkok to offer Muay Thai as an elective in schools

The Bangkok Metropolitan Administration (BMA) is introducing Muay Thai as an elective course in 437 schools it runs to preserve the culture and teach young people about discipline, says city council President Surajit Pongsingwitthaya.

The boxing classes will be offered as part of the health science and physical education study cluster, he said after a meeting with Thanakorn Chaisri, director of the BMA’s Department of Education. Continued … 

Probe into missing oil-smuggling ships linked to police force

An investigation into officers involved with the three missing seized oil-smuggling vessels is underway after a leaked chat showed a connection between some police and the mastermind of the oil smuggling gang.

The three seized ships, containing 330,000 liters of smuggled oil, had been docked at the marine police pier in Chon Buri’s Sattahip district along with two other seized vessels on March 19. Police arrested 28 crew members, charged them with smuggling oil, and released them on bail for 3 million baht. Continued … 

CEO Spotlight with Bumrungrad Hospital’s Artirat Charukitpipat

Founded in 1980, Bumrungrad International Hospital is a leading healthcare institution located in the heart of Bangkok. Renowned for its world-class medical services, Bumrungrad offers comprehensive care across more than 70 medical specialties.

Medical Tourism Magazine sat down recently with the CEO of Bumrungrad International Hospital, Artirat Charukitpipat, discussing the hospital’s achievements, successes, and challenges faced under her leadership, becoming accredited by the global healthcare accreditation, and what the future holds for the healthcare institution. Continued … 

Flying of drones banned in far south

Security authorities have banned the flying of drones, or unmanned aerial vehicles, in the three southernmost border provinces and part of Songkhla province.

The move follows reports of insurgents training to use UAVs to bomb military outposts in the region. Continued … 

  • Italian Man Arrested on Samui Island for Allegedly Selling Cocaine – Continued …
  • Colombian suspect in 70 million baht theft arrested in Bangkok – Continued …

865-billion-baht loan needed to stimulate economic growth

Deputy PM and Finance Minister Pichai Chunhavajira told the Parliament on Wednesday that the proposed borrowing of 865 billion baht to offset the deficit in fiscal 2025 budget bill is necessary to revive the sluggish economy and ensure that Thailand’s GDP can still expand to meet the target.

He also assured lawmakers that the loan will strictly be within the framework of the government’s fiscal discipline. Continued … 

15,000 lose their jobs so far in 2024

The industrial sector remains lackluster as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according to the Federation of Thai Industries (FTI).

The report concerning layoffs in the first five months of 2024 emerged as the TISI, which gauges the health of the manufacturing sector, dropped for a second consecutive month. Continued … 

The Plan to Create 280,000 New IT Jobs

The Thai government has made a decisive move to establish itself as a high-tech hub by announcing a strategic plan to generate 280,000 new jobs in the IT sector within the next five years.

This initiative represents a significant step for Thailand, signaling its readiness to adapt to and lead in the era of advanced technologies. With a solid foundation in EVs and AI, the country is well-positioned to make this transition a success. Continued … 

Measures readied to boost liquidity of Thai economy

After an underwhelming economic expansion in the first half of 2024 due to both internal and external factors, the government is planning to increase the liquidity of the Thai economy during the rest of the year by accelerating disbursement of the government’s budget and providing loans for entrepreneurs, the Finance Ministry said this week.

During an interview on Monday, Deputy Finance Minister Paopoom Rojanasakul said that the Thai economy is currently suffering from a chronic problem: Lack of liquidity. Continued … 

Department aims to keep a lid on chicken prices

The Department of Internal Trade is monitoring chicken exports, urging producers and exporters to balance the proportion between domestic sales and shipments to prevent the price of chicken meat from getting too high.

Wattanasak Sur-iam, director-general of the department, said the reasons the price of chicken meat had increased from March to April this year were the hot weather and drought. Continued … 

Digital Wallet Project to Spur Economic Growth, PM Assures

Prime Minister Srettha Thavisin has reconfirmed the much-anticipated, although delayed, digital-wallet project will undoubtedly foster economic growth by boosting domestic consumption, manufacturing, job creation, and state revenue.

Addressing the House of Representatives on the 2025 budget during the first day of a three-day floor debate, the prime minister assured that the 10,000-baht digital-wallet initiative will be rolled out in the fourth quarter of this year, benefiting a total of 50 million citizens across the country. Continued … 

Digital cash handout carries high financial risk, warns opposition

The opposition warned the government of the high financial risk of excessive borrowing, largely due to the planned 500-billion-baht digital cash handout, as the fiscal 2025 Budget Bill debate began in parliament on Wednesday.

Opposition and Move Forward Party leader Chaithawat Tulathon said the 3.75-trillion-baht budget tabled in Parliament by the prime minister included 865-billion-baht in borrowing, which nearly reached the borrowing ceiling of the government. Continued … 

DP World Bids on Thailand’s Major Land Bridge Project

Dubai-based logistics behemoth DP World has shown keen interest in Thailand’s 1-trillion-baht land bridge project, per the Ministry of Transport’s announcement.

Sultan Ahmed Bin Sulayem, the group chairman and CEO of DP World, is scheduled to meet Prime Minister Srettha Thavisin tomorrow to explore potential investment avenues in this initiative. As the world’s third-largest container port operator, DP World’s involvement could inject significant economic vitality into the project. Continued … 

Thailand Casino Complexes Closer to Reality

Thailand is edging closer to legalizing large-scale entertainment complexes that include casinos, according to Deputy Finance Minister Julapun Amornvivat. The final draft of the bill paving the way for these developments is slated for Cabinet review within the next three to four weeks.

Julapun disclosed that 16 government agencies have contributed their insights on the proposed regulation, which will accompany the final draft. This bill, initially drafted by a dedicated House committee, is expected to undergo refinements based on the feedback received. Continued … 

Japanese firms to invest more in Thailand as outlook brightens

Japanese investors are expected to increase their activity in Thailand, following a forecast by the Japan External Trade Organization (JETRO) of a rebound in tourism and business in the second half of this year, according to Transport Minister Suriya Jungrungreangkit.

Suriya made the comment after talks with JETRO Bangkok President Kuroda Jun and executives at the Japanese Chamber of Commerce in Thailand. Continued … 

Email link – kenbrown@businessclassasia.com

100+ Thai companies in Fortune 500 Southeast Asia rankings

More than 100 Thai companies, six of them in the top 20, were ranked in the first Fortune 500 Southeast Asia list earlier this week, demonstrating the region’s growing importance in the global economy, according to Fortune, the world’s leading business media.

The move was announced as part of Fortune’s Southeast Asia 500 rankings for 2024, a first-time list of the region’s largest companies ranked by revenue in the fiscal year 2023. Continued … 

Phuket Real Estate Booms As Foreigners Rush to Buy Vacation Properties

Phuket’s real estate market is booming more than ever, surpassing pre-COVID levels. According to a survey by the Agency for Real Estate Affairs (AREA) in the first quarter of 2024, there are 500 active projects on the island with a total value of 470 billion baht (12.8 billion USD).


Particularly popular are “vacation homes and condominiums”, which are bought by foreign buyers at prices between 20 and 100 million baht each. Continued … 

Pharmaceutical event Positions Thailand as Regional Medical Hub

Informa Markets aims to make CPHI South East Asia 2024 the region’s largest pharmaceutical trade event, a springboard to secure Thailand’s position as the regional medical hub.

The event, scheduled for July 10-12, will bring together leading manufacturers, scientists, researchers, pharmacists, importers, and distributors of machinery, raw materials, and packaging from 21 countries to the Queen Sirikit National Convention Center. Continued … 

Does off-season travel exist anymore?

It might be an impossible task to find a traveler who loves crowds and long lines. However, they’re part of the price that most tourists have to pay to visit some of the world’s most famous attractions, especially during peak times.

It used to be that someone looking for a bargain could count on traveling in the shoulder or low season – for example, Italy was once more affordable in the fall, while Hong Kong was cheaper in the boiling-hot summer months. For Thailand, the low season runs from May to October. Continued … 

Thailand’s secondary cities steal the travel spotlight

Travelers in Thailand are increasingly shifting their focus to the country’s secondary cities, especially during the rainy season.

Digital travel platform Agoda reported a significant rise in accommodation searches for these often-overlooked locales, reflecting a growing trend among domestic and international tourists eager to explore Thailand’s diverse regions. Continued … 

Thailand Unveils Ambitious Plan to Become Aviation Hub by 2030

Prime Minister Srettha Thavisin has unveiled an ambitious vision to transform Thailand into a regional aviation hub by 2030, under the initiative “Ignite Thailand, Aviation Hub”. The plan seeks to address existing infrastructure issues, while vastly expanding the nation’s aviation capacity to attract more international flights and boost tourism.

Suvarnabhumi International Airport, which once ranked as the 13th best globally but has recently fallen to 68th, is at the center of this grand vision. Despite Thailand’s status as the world’s 24th largest economy, its air transport facilities have lagged behind regional competitors like Malaysia, Singapore, and Hong Kong. Continued … 

Pattaya hoping to become Southeast Asia’s premier destination

Pattaya, known for its bustling nightlife, is apparently trying to shed its old skin and emerge as a beacon of transformation in Southeast Asia. Recent years have witnessed a remarkable overhaul aimed at elevating visitor experiences and community living standards.

Key infrastructure upgrades are at the heart of this makeover. Underground installations of electrical and communication cables, revamped road surfaces, and improved water drainage systems not only enhance functionality but also add to the city’s aesthetic allure and cleanliness. Continued … 

Tourists’ Phuket beach fun turns into life-or-death drama

Eight foreign tourists narrowly escaped drowning in Phuket’s treacherous seas yesterday after ignoring warning signs on the beaches.

In the first harrowing incident, two Indian couples defied the red flag flying on Karon Beach and ventured into the turbulent waters. Witnesses reported the tourists quickly found themselves overwhelmed by the powerful waves and wind, unable to swim back to shore. Desperate cries for help echoed across the beach. Continued … 

Bangkok Airways eyes Samui cruise terminal, sea airport

Bangkok Airways has expressed interest in bidding for the Samui cruise terminal and sea airport projects but said it needs time to see if the two projects will benefit its ongoing businesses on the resort island.

Puttipong Prasarttong-Osoth, the airline’s CEO and president, said on Wednesday that his company backed the government’s plan to build a cruise terminal and sea airport in Samui, a popular tourist island in Surat Thani province. Continued … 

Japan’s flood of tourists prompts call to charge foreigners more

As the flood of overseas tourists shows no sign of slowing, complaints about overcrowding and poor behavior by visitors are prompting some in Japan to look at ways of controlling the flow without losing income, including by charging higher prices for foreigners.

Foreign tourist arrivals came to 3.04 million in May, up 9.6% from the same month in 2019 and marking the third straight month at more than three million, the Japan National Tourism Organization said Wednesday. The weak yen has helped spur visitor numbers. Continued … 

The long journey of the Equal Marriage Law

The historic push for Thailand’s Equal Marriage Law has succeeded, making it the first ASEAN country to legalize marriage for same-sex couples, and granting them the same rights as opposite-sex spouses.

However, the road to the LGBTQ+ community’s true celebration during Pride Month has been fraught with challenges, including societal understanding and legislative hurdles. Continued … 

Ancient Phanom-Rung temple in Isan

A celebration of the rich culture of Isan

“Proud Of Isan” is the theme of Isan Creative Festival 2024 to promote the rich cultural tapestry of the region, mainly in the Kungsadan, Columbo and Srichan areas of Khon Kaen province from June 29 to July 7.

In its fourth edition, the nine-day festival will take place daily from 11am to 9pm at various venues, including TCDC Khon Kaen, Khon Kaen University, Columbo Creative Community, Khon Kaen Innovation Center, Ad Lib Khon Kaen Hotel, Vector Coffee Roaster and more. Continued … 

Doi Inthanon National Park: A biodiverse treasure

It was starting to drizzle and the mountain was shrouded in a sea of mist, making it difficult to see the winding roads leading to Ang Ka Nature Trail nestled in Chiang Mai’s Doi Inthanon National Park. There’s something alluring about traveling in the rainy season, when the forest becomes green and provides a sanctuary from the heat.

It’s called Ang Ka, which means Crow Pond in Thai, since many crows come to bathe here. With its swamp ecosystem, the trail is home to more than 490 different species of bird, as well as rare plants and wildlife, including sphagnum moss and stunning red rhododendron, which serves as a food source for the green-tailed sunbird, ashy-throated warbler, Doi Inthanon frog and Himalayan newt. Continued … 

Sanctuary of Truth in Pattaya

Unmissable things to do in Pattaya

Few places in Southeast Asia have taken to tourism as quickly as Pattaya. It used to be a small fishing village until the early 1960s, when American servicemen found the community and kept coming back. By the 1980s, nightclubs, resorts and apartment complexes had sprung up to cater for growing numbers of travelers.

Today, you’ll find everything that makes Thailand so special — the loud and the quiet, side by side. Some of the best things to do in Pattaya take you to temples, stages, beach towels, the saddle of a jet ski, and a floating market. Continued … 

Loei gears up for Phi Ta Khon Festival

The town of Dan Sai in Loei will host the annual Bun Luang and Phi Ta Khon Festival from July 7-9. Influenced by a Buddhist folktale, the celebration will transport worshipers back in time to when Prince Vessandorn, one of Buddha’s past lives, returned to the palace after meditation. People came out to greet him at the entrance as spirits had accompanied him from the forest to the city.

On the first day, the Phra Upakhut procession will head from Wat Phon Chai to the Mun River to collect white stones from the riverbed, and villagers will participate in an alms-giving ceremony. 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
cha am, chiang mai, climate change, hua hin, marijuana, real estate, thai economy, thai environment, thai wildlife, thailand, tourism, transportation

Wednesday’s news-June 19

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Hua Hin Airport to Become International Hub by 2025

In an ambitious stride to elevate Thailand’s aviation clout, Hua Hin Airport in Prachuap Khiri Khan Province is set for a dramatic overhaul. The newly dubbed Phetch-Hua Hin International Airport aims for completion by late 2025.

Earlier this week, Prime Minister Srettha Thavisin visited the construction site, emphasizing the project’s significance. “This is a crucial step in elevating Thailand’s infrastructure,” he remarked. Continued … 

Golfing in Hua Hin

Few golf course deals can equal the one hatched on the Royal Hua Hin course in 1932. In the middle of a game, Siam’s King Prajadhipok (Rama VII) learned that a powerful alliance of bureaucrats and soldiers in Bangkok were demanding he replace his country’s 700-year old absolute monarchy with a constitutional one. The king reportedly said to his golfing partners “I told you so” and played on. And thus began Siam- Thailand’s sometimes-rocky journey toward democracy.

Golf is still the hottest game in town, with Hua Hin regularly hosting major local and Asian tournaments. It all began when Thailand’s first golf course, Royal Hua Hin, opened here in the 1920s (legend has it that the caddies first had to chase tigers off the fairways). Today, there are nine quality courses along the stretch of the Gulf of Thailand between Cha Am, 20km to the north, and Hua Hin, making this virtually the Gulf of Golf. Continued … 

Email link: sivanavillas@gmail.com

Village Chief Defends Burning Practices Amid Air Pollution Crisis

In Ban Mae Lan Kham, northern Thailand, villagers are gearing up for their annual land-clearing fires as the haze season begins, traditionally contributing to some of the world’s worst air pollution.

(For more Thailand environmental news, check out Climate Thailand.)

Village chief Nanthawat Tiengtrongsakun and his community cut down shrubs and trees on their small plots, setting controlled burns to clear the fields for planting. This age-old practice emits plumes of smoke, leading to a thick gray haze that permeates the region and makes breathing difficult for many locals. Continued … 

PM given 15 days to save job

The Constitutional Court on Tuesday ordered all parties involved in Prime Minister Srettha Thavisin’s ethics case to submit evidence within 15 days, with the court scheduled to consider the case again on July 10.

The court said on Tuesday that those involved are asked to provide their opinions and evidence related to the topics specified by the court within 15 days to assist its consideration of the case. Continued … 

Thailand Passes Landmark Same-Sex Marriage Law

June 18 marks a historic day for Thailand, as the country’s Senate overwhelmingly approved a same-sex marriage bill, making it the first nation in Southeast Asia to recognize same-sex unions. The bill passed with an overwhelming majority vote of 130 to 4, with 18 abstentions.

This landmark decision culminates years of relentless advocacy by LGBTQ+ activists and allies in Thailand. With this legislation, same-sex couples can marry and enjoy the same legal protections and benefits as heterosexual couples, including inheritance rights, joint property ownership, and access to healthcare and social welfare programs. Continued … 

Around 30 Malaysian couples head to Southern Thailand each month for polygamy

The Narathiwat Islamic Religious Council has disclosed that at least 30 couples from Kuala Lumpur, Kelantan and Terengganu travel to the province every month to enter into polygamous marriages.

Its deputy president, Abdul Aziz Che Mamat, said the majority of these couples came with the intention of formalizing their relationships and were willing to travel long distances for this purpose. Continued … 

Cops hunt oil smuggling masterminds

Police vowed to find the masterminds of the oil-smuggled gang and will arrest another seven crew members who have been missing after the three seized oil-smuggling vessels were recaptured on Monday.

Police Col. Anek Taosupap, the Crime Suppression Division (CSD) deputy commander, said on Tuesday that as they investigated the case of missing vessels, police had also rounded up more suspects and witnesses related to the disappearance, adding more depth to the case. Continued … 

Fake pet meds seized, worth Bt84 million

Police seized fake animal medication worth more than 84 million baht from two major gang networks during raids in Nakhon Pathom and Samut Sakhon provinces.

Officers from the Consumer Protection Police Division (CPPD) and officials from the Food and Drug Administration seized 222,360 illegal items found at four premises in the two central provinces, Thanakit Jitareerat, vice minister for public health, told reporters on Tuesday. He said the seized goods had a retail value of 84.84 million baht. Continued … 

Cyber police bust online gun-selling network in Thailand

Cyber police executed raids at four locations across three provinces yesterday, capturing an online gun-selling network and seizing a significant amount of illegal firearms and modification equipment.

Following months of investigations, the Commissioner of the Cyber Crime Investigation Bureau (CCIB), Police Lt. Gen. Worawat Watnakornbancha directed an operation to execute warrants to search the identified sites suspected of illegal firearm production. Continued … 

Thai industries face challenges from Chinese competition and minimum wage increase

Thai industries are facing challenges from Chinese competition and the rising daily minimum wage. Ongoing issues include factory closures, job losses, and structural defects. From the beginning of 2024 to the present, more than 1,700 factories have closed their operations in the Thai market.

A clear example of the current complex situation toward the manufacturing industry in the country is the recent announcement made by two of the main automobile manufacturing companies in Thailand, Subaru, and Suzuki, which announced that they will close their factories in Thailand at the end of 2024. Continued … 

Despite economic uncertainty, Thai manufacturing finds opportunities in global decoupling

SCB EIC ( Economic Intelligence Center ) has revealed the global economy in 2024 and 2025 is expected to grow steadily at 2.7%, albeit remaining below the pre-Covid-19 pace.

The U.S. economic outlook for 2024 has significantly improved thanks to robust domestic demand. In Asia, China’s economy exhibits promising prospects from the manufacturing sector and economic stimulus measures, while India and ASEAN economies will continue their growth trajectory. On the other hand, the Eurozone and Japan are likely to experience subdued growth. Continued … 

Anutin Unveils Initiative to Boost High-Tech Industries

Thailand is transitioning its economy toward high-value, high-tech industries, as unveiled in the “IGNITE THAILAND: Future Workforce for Future Industry” initiative.

The strategic announcement was made by Deputy Prime Minister Anutin Charnvirakul and Minister of Higher Education, Science, Research, and Innovation Supamas Isarabhakdi at a vision statement event Monday in Bangkok, attended by key governmental and industry leaders. Continued … 

Economist warns of risk to foreign investment

SCB EIC, a research center under Siam Commercial Bank, has expressed concerns about heightened political risks undermining foreign investment in both financial and capital markets, as well as long-term foreign direct investment.

Various political risks could significantly impact foreign investor confidence, resulting in substantial capital outflows from offshore investors in the Thai equity market, said Somprawin Manprasert, chief economist at EIC. Continued … 

Thai Condos Slump Amid Economic, Myanmar Woes

Prasert Taedulyasatit, president of the Thai Condominium Assn., said yesterday that the Myanmar government’s strict control over condominium purchases in Thailand has affected sales. Currently, Myanmar nationals are the second largest group of buyers after Chinese nationals.

It is expected that this restriction will further worsen the real estate market in the second quarter and continue the negative trend from the first quarter. Foreign demand is crucial, especially when domestic purchasing power is weak due to high household debt and the continued refusal to borrow. Nevertheless, customers from Myanmar still make up a small proportion compared to Chinese buyers, who remain the largest customer group. Continued … 

Email link – kenbrown@businessclassasia.com

PTTGC to turn Thailand into petrochemicals hub

PTT Global Chemical (PTTGC), the largest petrochemical producer in Thailand by capacity, aims to jump-start a downbeat industry by transforming the country into a high-value speciality petrochemical production hub in Southeast Asia.

The slowdown in the global petrochemical market has resulted from higher supply from new production facilities in East Asia and the Middle East, as well as the impact from the U.S.-China trade war, causing Beijing to reduce petrochemical exports to the U.S. and focus on sales in Asia. Continued … 

Air conditioner market set to grow 30%

High temperatures will be a key factor nudging people to buy new air conditioners or opting for maintenance on their existing appliances, with the Thai market expected to grow by 30% this year, according to TCL Electronics, a Chinese manufacturer of consumer electronics.

“Even though the rainy season has started, the weather is still quite hot. This is likely to drive the country’s air conditioner industry,” said Geerachai Saksangawong, sales director for air conditioners at TCL Electronics (Thailand). Continued … 

The economic benefits of cannabis

Thailand is at a crossroads between accepting cannabis as a new kind of product or restricting its usage only to medical needs. Social views are divided: one side focuses on the negative effects on society, such as negative impacts on family and community relationships, while the other side stresses the positive effects, including easier and cheaper access for medical uses and contributions to the economy in terms of production, employment, and tourism-related activities.

This article is based on research conducted by the Thailand Development Research Institute (TDRI), which examines the economic benefits of cannabis legalization. Continued … 

Unwelcome rebirth of zero-dollar tours

The scourge of zero-dollar tours has returned with even lower prices, targeting inbound tourists from China, Russia and India.

This trend has begun to ravage the tourism industry because of the poor quality of the tours, leaving licensed Thai operators unable to compete, said Sisdivachr Cheewarattanaporn, president of the Association of Thai Travel Agents (ATTA). Continued … 

Chiang Mai seeks to get back on climbing map

Chiang Mai tourism operators want to showcase the province’s mountainous charms to capture a rock-climbing market that boasts 44.5 million enthusiasts worldwide, while urging the government to support the activity and sport in many provinces, as it offers great potential to help expand the tourism sector.

Punlop Saejew, acting president of the Tourism Council of Chiang Mai, said he had brought to Prime Minister Srettha Thavisin’s attention the potential offered by the rock-climbing market during the premier’s visit to Chiang Mai earlier this month. Continued … 

Thai AirAsia’s Fifth Freedom routes to Japan take off

Thai AirAsia launched its much-anticipated Fifth Freedom routes, creating a seamless travel experience connecting Bangkok, Taiwan, and Japan. The airline’s inaugural flight from Bangkok’s Don Mueang Airport to Taipei, followed by a final leg to Okinawa, garnered an overwhelming passenger response.

The Taipei to Okinawa route boasted a 99% load factor, arriving at a warm reception and a lively welcoming ceremony. The daily service from Bangkok departs at 7.25am, lands in Taipei at 12.20pm, and after a brief layover, takes off again at 1.30pm, touching down in Okinawa at 3.55pm. Continued … 

Black panthers filmed at Kaeng Krachan National Park

Two black panthers were spotted by tourists at Kaeng Krachan National Park in Phetchaburi province, calmly walking along the road to Panoen Thung without showing signs of fear toward vehicles. Mongkol Chaiphakdee, head of Kaeng Krachan National Park, confirmed that a tourist named Amy captured the rare sighting near Kilometer 20 on the way to Panoen Thung.

Amy managed to photograph two black panthers strolling in the area. The big cats did not display any panic or distress at the sight of cars before they eventually retreated into the forest. Mongkol noted that the presence of black panthers and leopards in the vicinity of Panoen Thung is a subject of ongoing research. Continued … 

Tourist’s Guide to Budget-Friendly Holiday in Thailand

Thailand is known for being a cost-effective destination for tourists all over the world. This country offers sandy beaches, rich cultural heritage, delicious cuisine, and lively nightlife. However, during the peak of the summer holidays, Thailand can be quite costly.

But worry not, since there are several strategies to avoid spending too much money on your Thailand vacation. Here are 10 tips for a budget-friendly holiday in Thailand. Continued … 

The Life-threatening Work of Myanmar Fishers in Thailand

A Myanmar migrant fisher, Maung Maung*, still remembers vividly the night he lost his younger brother, Chit Min Thu, to the sea. Maung Maung knows that working as a fisher has many risks, including death. He had always been worried when his younger brother joined him as a fisher in Thailand, especially because his brother did not know how to swim.

One night, on July 19, 2023, Maung Maung, Chit Min Thu, and their boss went to the sea in Thailand. Both of the brothers were fishing, while their boss became the boat leader. Continued … 

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

Bus Tickets 

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

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

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

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

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

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

 

90-day online reporting

Emergency hotline numbers:

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

Tuesday’s news-June 18

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Covid-infected PM visits Hua Hin Airport

Thailand’s Prime Minister Srettha Thavisin conducted another inspection of Hua Hin Airport on Sunday, providing an update on the redevelopment plans announced last month. The redevelopment includes a major expansion and renaming the airport to “Phetch Hua Hin” airport.

The prime minister highlighted the progress, stating, “The Phetch-Hua Hin airport has made significant progress. We are moving towards becoming an aviation hub and tourism hub. Previously, I inspected the readiness and expedited the runway expansion here. Today, I took some time during the holidays to check the readiness again because AirAsia now offers commercial flights on the Hua Hin-Chiang Mai route with one flight per day. This is a good start to increase tourist arrivals.” Continued …

Heavy Rains and High Waves Forecast in 39 Provinces

Thailand’s Meteorological Department (TMD) has issued a major weather warning, forecasting heavy rains in 39 provinces, including Bangkok. High waves are also expected in the Andaman Sea and the Gulf of Thailand, posing risks for local fishermen and coastal areas.

The situation is due to an active southwest monsoon over the Andaman Sea, Gulf of Thailand, and a low-pressure zone near Vietnam’s coast. This combination is likely to result in significant thunderstorms and heavy rainfall, particularly impacting eastern and western parts of southern Thailand. Continued …

  • Canadian Tourist Robbed During Night in Pattaya Hotel – Continued …
  • Foreign Man Videoed Stealing Motorcycle in Chalong District – Continued …
  • Foreigner Seen Assaulting Thai Woman on Walking Street in Pattaya – Continued …

Thai Baht Leads Decline as Asian Currencies Dip Amid Quiet Trade

Emerging Asian currencies faltered in today’s holiday-thinned trade, with the Thai baht bearing the brunt of the decline. The U.S. dollar’s continued strength and mixed Chinese economic data have further exacerbated the downward trend.

Trade was notably subdued across Asia due to market closures in Singapore, Malaysia, Indonesia, Philippines, and India. However, the Thai baht fell by up to 0.5%, influenced by weaker gold prices. The South Korean won and the Taiwan dollar also saw marginal decreases. Continued …

Defense Ministry eyes 200-billion-baht budget for 2025

The Defense Ministry is eyeing a budget of 200.92 billion baht in fiscal 2025 and is set to seek another 4.89 billion baht off budget.

During the first hearing of the fiscal 2025 budget bill, scheduled to be held in a three-day extraordinary parliamentary session from Wednesday, the three arms of the Thai military will likely ask for huge allocations for the procurement of arms. Continued …

Email link: sivanavillas@gmail.com

Ambassadors from eight Islamic Cooperation countries explore potential of Yala, Pattani and Narathiwat/

Ambassadors from eight Organization of Islamic Cooperation (OIC) countries visited Thailand’s southern border provinces recently to study the multicultural society and potential for trade, investment, tourism and education.

The delegation included ambassadors from Brunei, Egypt and Iran, as well as chargés d’affaires from Malaysia, Nigeria, and the Maldives. Joining them were deputy chiefs of mission from Indonesia and Uzbekistan, along with Thai ambassadors to Saudi Arabia, the United Arab Emirates, Indonesia and Turkey. The OIC comprises 57 members. Continued …

Thailand arrests 26,000 undocumented workers, 20,111 from Myanmar

The Thai Labor Department announced that over 26,000 undocumented foreign workers from Myanmar, Laos, Cambodia, and Vietnam were arrested within a week.

(Editor: We wonder if the business owners were also arrested for hiring illegal workers.)

As part of the Thai government’s 120-day crackdown on illegal workers, Thai authorities inspected 1,774 factories, workplaces, and job sites across Thailand from June 5 to June 12. These inspections led to the arrests of a large number of undocumented foreign workers. Continued …

Decade-Old Rice Auction Fetches Nearly 300 Million Baht

In a significant move by the Public Warehouse Organization (PWO), 10-year-old rice stocks from Thailand’s Yingluck administration’s rice pledging scheme have been successfully auctioned. The auction saw considerable interest, reflecting the rice’s maintained quality despite a decade in storage.

V8 Intertrading Co., based in Kamphaeng Phet, emerged as the top bidder for rice stored in two warehouses located in Surin province. The firm’s winning bid for the approximately 15,000 tons of 100% grade 2 jasmine rice totaled nearly 300 million baht, averaging a price of 19 baht per kilogram. Continued …

Central bank unfazed by factory closures

The Bank of Thailand says new business registrations still outnumber factory and business closures, with no adverse impact yet on the country’s employment figures.

According to Piti Disyatat, assistant governor for the monetary policy group at the central bank and secretary of the Monetary Policy Committee, the central bank is not concerned about factory and business closures, as the number is lower than new business registrations. Continued … 

280,000 workforce targeted in high-tech sectors over 5 years

Thailand aims to create a workforce of 280,000 in advanced industries over the next five years, along with an ecosystem that supports new investments, to help the country become a high-tech hub, the government said on Monday.

The government wants to produce a workforce of 80,000 in the semiconductor industry, 150,000 in electric vehicles (EVs) and 50,000 in artificial intelligence (AI), it said in a statement. Continued … 

Reversal? Digital wallet funds to exclude mobile phones

Deputy Finance Minister Julapun Amornvivat urged the Commerce Ministry to reconsider its decision to permit recipients of the 10,000-baht payout from the digital wallet scheme to use the funds on mobile phones. He argued that this move would not benefit the domestic economy as intended.

Prime Minister Srettha Thavisin shares these concerns, noting that most mobile phones are either manufactured overseas or contain foreign-made components. Continued …

Thai Auto Parts Makers Urged to Enter Medical Devices Market

The Federation of Thai Industries (FTI) is urging local auto parts manufacturers to adapt to the technological disruption caused by electric vehicles (EVs) and transition to producing medical devices, which are projected to have a promising future.

According to the FTI, auto parts makers accustomed to internal combustion engines are finding it difficult to adapt to electric mobility technology, as many of their products are no longer needed by EV makers. FTI Vice Chairman Isares Rattanadilok Na Phuket sees this shift as an opportunity to stimulate the economy in different sectors. Continued …

New Modular Robot Factory in Thailand to serve growing Asia-Pacific market

AutoStore, the global warehouse technology company that’s transforming warehouse automation with modular storage, has announced the opening of its assembly factory in Rayong Province.

This milestone marks a strategic move in the company’s global expansion efforts, bringing cutting-edge robotics production closer to key markets, including Australia, Japan, Singapore and South Korea. Continued …

Land prices high in Phuket, but real estate continues to be in high demand

Speaking at the seminar “Investment Opportunities in Phuket Real Estate–Latest Market Trends” held on June 14 at the Novotel Phuket City Phokeethra Hotel, Sopon Pornchokchai of the Thai Real Estate Research and Valuation Center, Agency for Real Estate Affairs Co., lamented that it was becoming increasingly difficult to find land in Phuket due to the ever-rising cost of land.

“Based on a survey of market land prices from 2004 to 2024, we see that land prices have increased on average by 7.47 times, or 10.7% annually, which is quite high compared to other areas in Thailand,” he said. Continued …

During market slowdown, residential developer shifts focus to high-priced homes

Residential developer c Home (Thailand) (FPH) is focusing on high-priced segments for new launches and will adjust product prices at existing projects to cope with the market slowdown.

Somboon Wasinchutchawal, the company’s acting chief executive, said the residential market in the first half had deteriorated from last year, largely attributed to high interest rates, which rose several times in 2023. Continued …

Inside the SRT Royal Blossom Train

The SRT Royal Blossom Train is a special tourist passenger train service that operates on short routes, normally within a day trip from Bangkok. The train took part in a test run to Hua Hin on Friday.

This train service is typically launched during specific periods, particularly around major festivals or events. It is designed to offer a luxurious and scenic travel experience, often featuring routes that highlight Thailand’s natural beauty and cultural heritage. Continued … 

Tourism compensation scheme to be extended until end of year

The Tourism and Sports Ministry wants to extend compensation for injured and deceased tourists to the end of this year after only 3.9 million baht from the 50 million allocated for the scheme was used.

Tourism and Sports Minister Sermsak Pongpanit said the compensation was disbursed to seven eligible cases, comprising four deaths and three injuries, out of 50 applications that the ministry received. Continued …

Email link – kenbrown@businessclassasia.com

Tourism Ministry Seeks 1 Billion Baht for New Routes

In a bid to uplift Thailand’s tourism sector, the Ministry of Tourism and Sports is planning to request a 1-billion-baht budget from the central emergency reserve fund. The primary goal is to develop new tourism routes linking major cities to 55 notable destinations and enhance existing infrastructure, including the improvement of restrooms in these secondary cities.

This ambitious proposal aims to foster long-term tourism strategies, ensuring that both local and international visitors have a significantly improved travel experience. While the focus is on internal developments and events, the ministry isn’t seeking additional funds for international marketing. The Tourism Authority of Thailand (TAT) already has a dedicated budget for that purpose. Continued …

Thailand looks to maritime tourism connectivity with Vietnam, Cambodia

Thailandis seeking to cooperate with Vietnam and Cambodia in opening a maritime route connecting islands near Trat province of Thailand with Vietnam’s Kien Giang province and Cambodia’s Sihanoukville province to promote investment, trade, tourism and tourism, combined with meetings, incentives, conferences, and exhibitions (MICE).

Trat Gov. Natthapong Sanguanjitrecently chaired a meeting on this initiative within the Cambodia-Vietnam-Thailand Economic Corridor (CVTEC) – Trat Business Roadshow 2024, with the participation of representatives from six provinces of the three countries. Continued …

Extra 7,000 seats per week agreed for India flights

The Civil Aviation Authority of Thailand (CAAT) is looking to increase the number of seats on commercial flights to and from India by 7,000 per week as part of Prime Minister Srettha Thavisin’s policy to promote Thailand as the region’s aviation hub and boost tourism traffic.

Government spokesman Chai Wacharonke said on Monday the prime minister is committed to implementing the aviation hub policy. It involves increasing frequency of international travel to the kingdom, establishing Thailand as an important destination, lifting the country’s aviation industry status to that of an aviation hub of the region, and enhancing the growth of the tourism industry. Continued …

2 foreign men, 1 Thai woman drown off Phuket beaches

The bodies of an American citizen and a Thai woman were found on Mai Khao beach in Phuket on Monday, police said, while a Russian man drowned off Surin beach on Sunday.

Police Lt. Col. Ranaphoum Permpoon, the chief investigator at Tha Chatchai police station, said local residents informed police that two bodies had washed ashore on the beach in Thalang district. Continued …

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

 

Bus Tickets 

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

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

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

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

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

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

 

90-day online reporting

Emergency hotline numbers:

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

Monday’s news-June 17

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Email link – kenbrown@businessclassasia.com

Free event in Hua Hin to address major changes in Thai tax legislation

Business Class Asia is hosting a free event to discuss the most significant changes to Thai tax legislation in decades and their implications for onshore and offshore tax planning.

The event, titled “Income Tax & Estate Planning Briefing for Globally Mobile/Focused Thai Residents,” will be held on June 21 at 6pm at the Centara Grand Beach Resort & Villas Hua Hin. Continued …

Watch rare birth of twin elephant calves in Thailand

A 36-year-old elephant gave birth to twins at a zoo in central Thailand in a rare surprise for caretakers and the mother herself.

Caretakers only planned on Chamchuri giving birth to one calf on June 7 at the Ayutthaya Elephant Palace and Royal Kraal, about 50 miles north of Bangkok, according to BBC. As the team cleaned the boy calf and helped stand him on his knees, Chamchuri’s surprise arrived: a girl. Continued …

7th annual food festival opens in Ao Prachuap

The 7th Local Food and Traditional Sweets Festival officially kicked off Friday evening at the seaside road area of Ao Prachuap. Komgrit Charoenpattanasombat, deputy governor of Prachuap Khiri Khan Province, presided over the opening ceremony, marking the beginning of the 10-day event.

Kamon Kaewteth, mayor of Prachuap Khiri Khan city, highlighted the event’s objectives, emphasizing the importance of introducing both Thai and international tourists to the region’s renowned foods and traditional sweets. Continued …

Explosion strikes annual rocket festival in Roi Et: 30 injured

Yesterday, a tragic incident marred the annual Rocket Festival at Ban Sang Bu Temple in Roi Et Province. The normally joyous event, which attracts numerous locals and visitors to Phon Sai Sawang subdistrict, Phon Thong District, ended in disaster when a rocket explosion caused significant injuries among the attendees.

This year, participants eagerly gathered to witness the launch of 370,000 rockets — a tradition aimed at celebrating local culture and bringing luck to the community. However, as the event proceeded, one of the rockets malfunctioned as it was being launched, resulting in a powerful explosion at the rocket launcher base. Continued …

PM Tests Positive for Covid-19

Prime Minister Srettha Thavisin has tested positive for Covid-19 and is advised to rest until Wednesday. The prime minister’s office confirmed the diagnosis late last night, revealing that Srettha has been feeling unwell since Friday.

According to Chai Watcharong, the spokesperson for the prime minister’s office, Srettha consulted a doctor who confirmed the Covid-19 infection. The physician has recommended he rest and isolate to prevent further spread of the virus. Continued …

New highly-transmissible Covid strain will elude vaccines: expert

The KP.2 strain of Covid-19 will become dominant in Thailand, according to a renowned virologist. It will be more transmissible and vaccines will be hard-pressed to keep up with its mutations, but its symptoms will not be more severe than those of previous strains of the virus.

Prof. Yong Poovorawan at the Center of Excellence in Clinical Virology at Chulalongkorn University posted online Saturday that the KP.2 strain was spreading and replacing JN.1 as the dominant strain in the country. JN.1 has been common in the country since late last year, he wrote. Continued …

Thailand Poised to Make History with Marriage Equality Bill

Thailand is on the verge of a milestone with the impending approval of the Marriage Equality Bill. This legislation, which is set for its final round of Senate voting later this month, has the potential to make Thailand the first country in Southeast Asia to recognize and uphold marriage equality.

Prime Minister Srettha Thavisin has long championed the cause, promising that Thailand would become a safe haven for the LGBTQ+ community. The bill seeks to amend the existing marriage laws, ensuring that same-sex couples enjoy the same rights and protections as heterosexual couples. Continued …

Missing contraband diesel vessels found near Malaysian waters

Three vessels carrying 330,000 liters of contraband diesel that vanished from a police pier in Chon Buri have been located near Malaysian waters, police confirmed.

Police Major Gen. Charoonkiat Pankaew, deputy commissioner of the Central Investigation Bureau, announced that the three boats disappeared from the marine police pier in Sattahip district of Chon Buri last week. After traveling through Cambodian and Vietnamese waters, they were found off southern Thailand. Continued …

Professor warns against reclassifying cannabis as illegal narcotic

Professor Panthep Puapongphan, dean of the College of Oriental Medicine at Rangsit University, voiced concerns regarding efforts to reclassify cannabis as an illegal narcotic. He says that such a move could worsen drug-related issues rather than improve them.

Panthep stressed that cannabis has played a significant role in helping individuals quit more harmful substances like methamphetamine and heroin. He argued that data comparing post-decriminalization periods with the lockdown year of 2021 is misleading, as fluctuations in psychiatric cases were more likely due to the Covid-19 pandemic rather than cannabis use. Continued …

Email link: sivanavillas@gmail.com

  • Russian Man Arrested in Phuket Over 50 Stolen Coral Rocks – Continued …
  • Filipina Woman Overstays in Thailand for Over 4 Years – Continued …

Economist warns of further industry closures

More businesses in the automobile, electrical appliances, and electronics industries are under threat of closure because they are not moving quickly enough to adapt to digital technology and global trends, an economic expert from the University of the Thai Chamber of Commerce said.

His remarks are consistent with those of the Federation of Thai Industries (FTI), which warned that more factories in Thailand could close this year due to the upcoming implementation of a standard 400 baht minimum wage nationwide by Oct. 1. Continued …

Even with digital wallet, S&P affirms stable outlook

S&P Global Ratings says it plans to maintain its stable outlook for Thailand’s sovereign ratings even if the country implements the digital wallet scheme. The rating agency advised the Thai government to balance social spending with fiscal prudence.

The proposed digital wallet handout will benefit certain segments of the population and increase domestic consumption, Kim Eng Tan, managing director of sovereign ratings for Asia-Pacific at S&P Global Ratings, said at a seminar in Bangkok. Continued …

BOI Approves Investment Worth USD1.54 billion in Biochemicals, Data Centers, Hospital

The Thailand Board of Investment (BOI) has approved the investment-promotion applications of eight large projects worth a combined 56.95 billion baht (USD1.54 billion), including a bio-ethylene plant project by the local joint venture of Brazil’s Braskem, as well as data centers, power plants, and a major new hospital.

The meeting, which was chaired by Pichai Chunhavajira, deputy prime minister, minister of finance, and chairman of the BOI, also approved the introduction of a new investment promotion category covering service centers for the repair, repack, and reuse of used electric vehicle (EV) batteries and energy storage systems, that further complements the BOI’s comprehensive EV supply chain policy and incentives. Continued …

Addressing the employee skills gap

Recent decisions by two Japanese automakers to close their plants in Thailand affect the country’s standing as a leading global car producer, once dubbed the “Detroit of Asia”.

The announcements by Subaru and Suzuki Motor Corp. to cease operations at their car-assembly facilities by the end of 2024 and 2025, respectively, follows the closure of 1,600-1,700 factories in several industries, as reported by the Federation of Thai Industries (FTI). Continued …

Is MGM China thinking of investing in Thailand casinos?

Pansy Ho, the chairperson and executive director of MGM China Holdings, has held a meeting with the governor of the Tourism Authority of Thailand (TAT), Thapanee Kiatphaibool, and expressed interest in investing in the kingdom, according to a media report.

The report said TAT would hold further talks with the Macao casino operator over “possible collaboration” in the development of “new tourism-related products.” Continued … 

Is Thailand facing an over-tourism crisis ?

Thailand is indeed experiencing an over-tourism crisis. The situation has escalated to the point where popular destinations like Maya Bay and cities such as Pattaya and Phuket are facing environmental degradation and infrastructure strain due to the overwhelming number of visitors.

The concept of “over-tourism” has resurfaced with the global resurgence in tourism. But already back in 2019, concerns about excessive tourism growth were so pronounced that the UN World Tourism Organization advocated for responsible management of such growth to maximize the opportunities it can create for communities worldwide. Continued …

Food tourism high on Thailand’s soft power list

From jasmine rice to Pad Thai noodles and spicy tom yum soups, Thailand is renowned for its robust agricultural and food products, making it a major exporter worldwide.

The Tourism Authority of Thailand (TAT) estimates 20%-25% of tourism expenditures are for food, particularly Thai dishes, during trips to the nation. Continued …

Highlights from Bangkok’s Thailand Wellness Asia Summit 2024

Thailand, with its successful hosting of the third annual Thailand Wellness Asia Summit (TWAS) event in 2024, is paving the way for Asia to become the wellness hub of the world.

The event kicked off with a grand opening ceremony at the Intercontinental Hotel, Bangkok. Held June 11-14, the event is one of Southeast Asia’s largest gatherings on wellness, witnessing participation from over 30 countries with over 1,000 attendees. Continued …

Germany’s FTI Losses Exceed 111M Baht in Thailand

The collapse of the third-largest tour operator in Europe, FTI, has started to affect thousands of tourists and hundreds of hotels in Thailand, leading to losses of 111 million baht.

Germany-based FTI Group filed for insolvency in the Munich regional court earlier this month, affecting a number of holidaymakers in Thailand this week as they are scheduled to check out. Continued …

Lesser-Known Thai City Destined To Become Digital Nomad Hotspot

Digital nomads are always on the hunt for the next best place to call home – even if that’s only for 30 days, a few months, or multiple years. There may be no better dream destination than Thailand. This fascinating country is cheap, exotic, cultural, and simply unparalleled to any other nation.

We all know Bangkok is, at the very least, one of the better gateways to dip your toes into digital nomadism, but there is so much more than meets the eye to Thailand than this bustling concrete jungle. Continued … 

Chumphon Tour Bus Crash Leaves Two Dead, Many Injured

A tour bus and a truck carrying rubber wood logs collided yesterday, resulting in two fatalities and multiple injuries. The collision took place in Chumphon province.

Police Lt. Col. Somboon Phumkajorn of Tha Sae Police Station reported the incident happened at 10.30 pm. The tour bus, operated by Sombat Tour traveling from Bangkok to Ranong, collided with a Hino truck at a u-turn on Phetkasem Road, near the Khao Phang Highway Police Station in Tha Kham subdistrict, Tha Sae district, Chumphon province. Continued …

Russian Tourist Drowns Ignoring Warnings at Surin Beach, Phuket

A Russian man drowned yesterday after swimming in rough seas at Surin Beach in Phuket, defying a red flag warning signaling dangerous conditions.

The incident unfolded around 3 pm when 64-year-old Aleksei Apostolov entered the water alone, despite visible warnings of strong waves. Thai lifeguards, keeping a vigilant eye on the situation, acted promptly, pulling him from the turbulent waters and immediately initiating CPR. Continued …

154 Tons of Water Delivered to Drought-Hit Koh Larn

The Royal Thai Navy (RTN) vessel HTMS Ravi delivered approximately 154 tons (approximately 154,000 liters) of fresh water to residents of Koh Larn in Pattaya, addressing an ongoing drought.

This significant delivery occurred yesterday, prompted by Koh Larn’s struggle with water shortages exacerbated by dry weather and a surge in tourist numbers. Continued …

Songkhla touts its MICE tourism potential

Songkhla’s administration is partnering up with businesses in the tourism sector to promote the province as a MICE (meetings, incentives, conferences and exhibitions) destination to Malaysians.

The chairman of hotel operators’ association in Songkhla’s Hat Yai district, Sitthipong Sitthipatprapa, said the province is well-equipped to handle MICE events in addition to conventional tourism, as it has a wide range of venues that could cater to such activities. Continued …

Chinese outbound travel recovery lags due to costs, visa snags

A recovery in Chinese overseas travel from the Covid-19 pandemic is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations.

The delay in a revival to pre-Covid levels by China’s outbound travelers, the world’s top spenders on international tourism and airlines, is hitting travel-related companies, hotels and retailers globally. Continued …

These Common Money Practices Can Be Offensive In Thailand

In the United States, handling money is a very mundane, laissez-faire thing — there are no particular rules that delineate how you’re supposed to hold, give, or respect those precious dollar bills. When Americans travel abroad, they might bring along cultural practices that are second nature.

However, some of these seemingly innocuous actions can actually be deeply offensive in other cultures. If you’re headed for Thailand, a bucket list country where the U.S. dollar is strong, do beware. In the “Land of Smiles,” a country with a rich cultural heritage and deep-seated traditions, the way you treat the local currency — the Thai baht — can significantly impact how you are perceived. Continued …

Suggested destinations to visit during rainy season in Thailand

This year, Thailand’s rainy season officially started on May 20 and will conclude in mid-October. This is the perfect time to explore nature, as it is the season when forests become greener, the weather is cooler, flowers are fully blooming, and the waterfalls are full of water.

Here is a list of recommended destinations to visit if you’re traveling around Thailand during the rainy season: 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