Friday’s news-April 19 -

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Today’s news: Keep vehicles off beaches/Income tax law seminar/Bangkok Chess Club Open/Surge in road accidents/Economy: Cabinet okays 2025 budget bill/Restaurateurs adapting/Diesel subsidy possible/Thailand bids for OECD membership/Thai herbs to be promoted/Bangkok Bank announces net profit/Medical products plant/Tourism: Phuket’s tourism crisis/Pattaya sees record tourist surge/TAT to organize October festival/50% surge in international tourists/Thailand scraps visa requirements for Kazakhstan/New York officially recognizes Songkran/Thailand Experience: Sunrise at Hua Hin Beach/Climate Thailand/International news/Links: Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers

Keep your vehicles off the beaches: Hua Hin officials

Following a surge in complaints from locals and tourists, Hua Hin authorities are reiterating their call to the public to keep motorized vehicles off the beaches.

This reminder comes in response to several incidents involving cars, motorcycles, and ATVs disrupting the peace and safety on the beach during the recent Songkran Festival. Continued …

New expat income tax law seminar May 9 in Hua Hin

Following the news that regulations requiring tax residents to pay personal income tax on income brought into Thailand from overseas may soon start being enforced, an event due to be held in Hua Hin in May aims to provide up to date information on the situation.

The event will feature industry leading experts and, notably, and expert from Thailand’s Revenue Department, who will aim to provide some clarity on the latest tax implications, in particular with regards to personal income tax for people residing in Thailand. Continued …

21st Bangkok Chess Club Open 2024 at Sheraton Hua Hin

Sheraton Hua Hin Resort & Spa, in partnership with the Bangkok Chess Club, is currently hosting the 21st Bangkok Chess Club Open 2024, welcoming over 300 chess enthusiasts from about 50 countries.

Taking place from April 13-21, this event promises to be an engaging showcase of strategic prowess as participants of all ages gather to test their skills against grandmasters. Continued …

Songkran festival sees surge in road accidents across Thailand

Thailand is grappling with a surge in road accidents, with an alarming tally of 2,044 mishaps leading to 2,060 injuries and a tragic loss of 287 lives. The Department of Disaster Prevention and Mitigation (DDPM) released these figures as part of their Seven Days of Road Safety Campaign, which covered the Songkran festival period from April 11 to April 17.

The northern province of Chiang Rai topped the list for the highest number of fatalities and accidents, recording 17 deaths and 82 accidents, respectively. The province of Phrae unfortunately, saw the most injuries with a total of 80 individuals affected. Continued …

Cabinet okays 2025 budget bill allocating Bt3.752 trillion spending

The Cabinet on Thursday approved the budget bill for fiscal 2025, with government spending totaling 3.752 trillion baht, Prime Minister Srettha Thavisin said. The bill has allocated 3.752 trillion baht for government spending in fiscal 2025, which begins on Oct. 1.

The projected spending is divided into 2.704 trillion baht for fixed expenditure, 908.223 million baht for investments and 150.1 million baht for loan repayment. Continued …

Restaurateurs adapting to maintain competitiveness

While monitoring domestic purchasing power, Thai restaurant operators have adapted to stay competitive and grow their businesses in response to evolving customer preferences and lifestyles, says the head of a conglomerate.

“The food business in Thailand this year is highly competitive,” said Nath Vongphanich, president of Central Restaurants Group. Continued …

Diesel subsidy possible if excise tax cut ends

The Oil Fuel Fund Office (OFFO) says it will continue to subsidize retail diesel prices if the government decides to end the diesel excise tax cut.

The tax cut of one baht a liter is scheduled to expire today, but the issue was not raised at the cabinet meeting on Thursday. Continued …

Thailand advances its bid for OECD membership to boost economy

Thailand is forging ahead with its application to become a member of the Organization for Economic Cooperation and Development (OECD), a move that is anticipated to significantly enhance the country’s economic growth.

The Thai Foreign Affairs Minister, Parnpree Bahiddha-Nukara, took a proactive step on Tuesday by submitting an official letter of intent to Mathias Cormann, the secretary-general of the OECD, at the organization’s French headquarters. Continued …

Thai herbs to be promoted as soft power product

The government is promoting Thai herbs as a soft power product, in a bid to increase their value in the global market.

Government spokesman Chai Wacharonke said Prime Minister Srettha Thavisin wants to promote the country’s herbal industry by developing products from Thai herbs to not only meet demand domestically and overseas, but also raise the profile of Thai herbs on the world stage. Continued …

Bangkok Bank announces net profit of Bt10.524 billion for Q1

Bangkok Bank subsidiaries saw an 18.7% profit increase in the first quarter of the 2024 fiscal year to Bt10,524 billion, with net interest income affected by rising deposit rates.

Non-interest income rose from investments and service fees, with operating expenses down and a cost-to-income ratio of 47.1%. Prudent management included setting aside THB8.582 billion for expected credit losses. Continued …

Thai and Taiwanese firms join to build medical products plant

Aiming to capitalize on the government’s initiative to make Thailand a medical hub in Southeast Asia, Thai firm Namwiwat Medical Corp. (NAM) and Taiwanese company Somnics Inc. have joined forces to construct a new manufacturing plant. The facility, intended to serve as an export base, will produce a wide range of medical products, including sleep-enhancing devices.

NAM, a local sterilized medical equipment provider, and Somnics, a Zhubei-based firm specializing in obstructive sleep apnea treatment technologies, formalized their collaboration with a memorandum of understanding signed recently. The forthcoming factory, to be managed by this joint venture, will occupy a 10-rai site in Samut Prakan, informed Viroj Chaiturdkiet, the chief executive of NAM. Continued …

Can a radical proposal save Phuket’s tourism crisis?

In a bid for autonomy, Phuket Mayor Saroj Angkanapilas is leading a daring move to transform the city into a special administrative organization to save it from a tourism crisis. The current system, he claims, is holding back progress, leaving the island paradise struggling to keep pace with global rivals.

“Tourist cities in many countries are far ahead in their development, so Phuket will lose its competitive edge if it continues to use the same administrative system.” Continued …

Pattaya sees record tourist surge during Songkran

As the extended Songkran holiday wrapped up on Tuesday, tourists bid farewell to the sun-kissed islands surrounding Pattaya, turning the Bali Hai Pier area into a buzzing hub of activity. Local authorities ramped up services to cater to the influx, ensuring convenience for visitors throughout the holiday period.

Officers stationed at the pier witnessed an influx of tourists from April 12 to 15, with an average of 30,000 Thai visitors and foreign tourists per day seeking leisure and relaxation on the islands. On April 12 alone, 8,102 tourists set sail on island adventures via 42 ferry services. The numbers surged the following day, reaching 16,885 visitors served by 87 ferry trips. Continued …

TAT to organize October festival to draw Chinese tourists to Thailand

The Tourism Authority of Thailand (TAT) is planning a month-long event titled “Nihao Festival” from Oct. 1-31 to lure Chinese tourists looking to holiday in Thailand during the Chinese National Day break, Gov. Thapanee Kiatphaibool said on Thursday.

Oct. 1-8 is considered China’s National Day Golden Week, a time when millions of Chinese travel to their hometowns, as well as internationally. Continued …

True reports 50% surge in international tourists for Songkran

True Corp. unveiled insights into the Songkran festival through mobility data, providing an overview of mobile users’ movements.

In Bangkok, there was a significant increase of approximately 19% in outbound travel, compared to mobility data from before Songkran and during the festival from April 13-15. Continued …

Email link: kenbrown@businessclassasia.com

Thailand scraps visa requirements for Kazakhstan tourists

The Thai Cabinet gave its nod for the permanent removal of visa requirements for tourists from Kazakhstan, a government spokesperson announced. This move aims to increase the influx of tourists from Kazakhstan, one of the rapidly evolving markets for Thailand’s tourism sector and a significant contributor to the nation’s economic development.

Data released by the Tourism Authority of Thailand indicates a remarkable surge in the number of Kazakh tourists, with figures rising from 60,000 to 172,000 within a single year. The majority of these travelers comprise families and couples who choose to spend an average of 14 days in Thailand. Continued …

New York officially recognizes Songkran as an important cultural event

The legislative assembly of New York State has adopted a resolution designating Songkran as an important cultural event for the Asian-American community in the state.

The resolution, proposed by Steven Raga, a legislator in New York State, was adopted during a meeting of the assembly in Albany, the capital of New York State, on April 1. Continued …

The wonder of sunrise at Hua Hin Beach

A sense of wonder can find you in many forms, sometimes loudly and sometimes whispering.

To me, the most awe-inspiring moment is watching the sunrise at Hua Hin beach. As the first light of dawn slowly seeps into the sky, life comes to a standstill. The sun soon emerges from behind the horizon, casting its warm and vibrant glow over the beach. The fishing boats in the distance begin to set out for the day’s first catch, and the silhouettes of Monkey Mountain and the Buddha statue are bathed in golden hues. The ocean, playing its role in the spectacle, provides the perfect soundtrack with the gentle rhythm of waves kissing the sand. Continued …

Today’s Thailand environmental news

Israeli officials claim strikes on Iran

The Israeli military struck Iran early Friday, according to two Israeli defense officials, in what appeared to be Israel’s first military response to Iran’s attack on Israel five days earlier. Continued …

Stocks sink, oil surges on reports of Middle East attacks

Asian shares and bond yields sank on Friday, while the dollar, yen, oil and gold surged after reports of a sharp escalation in Middle East hostilities. Continued …

Indonesians leave homes near erupting volcano, airport closes

Indonesian authorities closed an airport and residents left homes near an erupting volcano Thursday due to the dangers of spreading ash, falling rocks, hot volcanic clouds and the possibility of a tsunami. Continued …

Russia seeks more contract soldiers

Russia plans to recruit approximately 400,000 contract soldiers in 2024, according to the British Ministry of Defense. According to the intelligence report, the spring draft in Russia began on April 1. This spring, the enemy plans to draft around 150,000 soldiers aged 18-30, which is consistent with previous draft numbers. Continued …

Apple to invest $250M to expand Singapore campus

Apple Inc. plans to invest more than US$250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement on Wednesday. Continued …