Saturday’s news-May 4 -

Today’s news: Thailand a preferred work destination for expats/Woman Loses Her Durian Crop to Heat/Bangkok moving overhead wires/Cat alert at Suvarnabhumi/1% credit card fee on hold/World Press Freedom Day/Economy: Analysts trim growth/Digital wallet under scrutiny/Promises and perils of digital wallet/25 new solar farms/Nuclear power-barge plan/Tourism: Thai Chamber Promotes 10 Provinces/Cocaine hidden in passport/Blocking Mt Fuji view from tourists/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

Email link: kenbrown@businessclassasia.com

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 …

Thailand catching up as preferred work destination for expats

The Thai office and co-working space industry, which had been hit hard due to a drop in local demand amid the pandemic, is now seeing a surge in occupancy rates attributed to expatriates working for multinational firms. This is according to IWG Plc, a UK-based office services company operating numerous brands.

Multinational companies are increasingly viewing Thailand as a favorable destination for their expat executives, much like Singapore. This is due to the Thai government offering tax advantages to foreigners on work visas. Continued …

As Temperature Exceeds 43°C, Woman Loses Her Entire Durian Crop

A Thai woman said online yesterday that with the temperature soaring higher than 43 degrees Celsius all the durian in her orchard have fallen and cracked up, with this being the worst setback she has ever suffered.

Ton Aor said that her loss amounted to around 100,000 baht. Continued …

Bangkok moving overhead wires to underground

The National Broadcasting and Telecommunication Commission (NBTC) and the Metropolitan Electricity Authority (MEA) are taking steps to improve safety and aesthetics in Bangkok by replacing overhead communication cables with underground alternatives.

Hanging communication cables, common in cities and suburbs of Thailand, pose risks such as fire hazards and cables falling onto roads. To mitigate these dangers, the NBTC is teaming up with the MEA and private firms across various provinces to transfer these cables into underground conduits. Continued …

Cat alert at Suvarnabhumi

Airport authorities in Thailand have warned pet owners against allowing their animals to roam unattended in airport areas following a recent incident with a cat named Nuarang at Suvarnabhumi International Airport.

Nuarang, an orange cat, caught social attention after it was spotted unsupervised on an airport escalator. It was found that the cat’s owner, a representative of a tour company working in the airport, allowed the pet to wander freely, potentially endangering the public and the airport property (really?). Continued …

1% credit card fee remains on hold

The Bank of Thailand is continuing to freeze the attempt to charge an additional 1% fee to local credit cardholders, prompting card issuers to explore alternative solutions.

Some credit card issuers recently announced on their websites they are waiving the 1% fee charged for credit card payments made in baht when spending at merchants and online shopping platforms registered overseas. Continued …

World Press Freedom Day: Thai journalists can be better

Today is World Press Freedom Day, as designated by the United Nations. This year, the UN theme is dedicated to the importance of journalism and freedom of expression in the context of the current global environmental crisis.

As we are well aware, the world is facing a climate crisis that demands better understanding and awareness of the citizens of the world. Continued …

Analysts trim growth for this year and next

Analysts are downgrading GDP growth estimates for this year and next as the export outlook turns patchy, the manufacturing slump deepens, the tourism recovery is uneven and the likelihood of interest rate cuts by the Bank of Thailand this year seems limited.

Maybank IBG Research, a unit of the Malaysia-based banking group, slashed Thailand’s GDP growth forecast for this year to 2.4% from 2.9%, and for 2025 to 2.8% from 3%, based on lackluster manufacturing activity weighing on growth. Continued …

Digital wallet scheme under scrutiny

The Thai government’s digital wallet policy, specifically the planned usage of funds from the Bank for Agriculture and Agricultural Cooperatives (BAAC) to support the initiative, will continue to be scrutinized by the National Anti-Corruption Commission (NACC).

The agency has previously raised concerns about potential corruption and legal risks linked to the 10,000 baht distribution scheme and will observe the government’s efforts to address these issues. Continued …

Promises and perils of digital wallet handout

Much anticipated as it is controversial, the digital wallet scheme has seen its veil of uncertainty finally lifted. However, at a whopping half a trillion baht, a project of such magnitude cannot be expected to proceed without some ferocious criticism tied to a warning of legal consequences for the entire cabinet.

Critics have been hounding the government with warnings of a dire legal backlash, specifically targeting the ruling Pheu Thai party, the architect of what some slammed as coffers-draining populist galore the country can ill afford. Continued …

Gulf Energy plans 25 new solar farms

The development of 25 new solar farms is expected to help the government better regulate electricity prices, potentially leading to lower power bills, says Gulf Energy Development, which is building the solar power generation facilities.

Gulf, a large private power producer, anticipates future power pricing following the recent completion of power purchase agreements for 25 solar farms with the Electricity Generating Authority of Thailand (EGAT). Continued …

Thai and Danish firms to study nuclear power-barge plan

Thai power company Global Power Synergy has signed a memorandum of understanding with Denmark’s Seaborg Technologies to explore the possibility of a nuclear “power barge” for Thailand.

Seaborg has developed a small modular reactor (SMR) that uses molten salt as its coolant. It can be installed on a boat to “provide clean and reliable energy where it is most needed”, the firm says. Continued …

Thai Chamber Promotes 10 Provinces for Tourism

The Thai Chamber of Commerce (TCC) has revealed plans to develop 10 provinces as prime tourist locations. The scheme aims to spotlight provinces such as Phrae, Lampang, Nakhon Sawan, Nakhon Phanom, Sisaket, Chanthaburi, Ratchaburi, Kanchanaburi, Trang, and Nakhon Si Thammarat. The goal is to distribute tourism benefits evenly and stimulate local economies effectively.

The initiative’s purpose is threefold. First, it illustrates these provinces’ untapped attractions, like Lampang’s historical temples and Trang’s pristine natural beauty. Second, it focuses on infrastructural development in these cities so they are ready to comfortably accommodate higher numbers of tourists. Lastly, the plan aims to strengthen domestic tourism and small-to-medium enterprises (SMEs), major contributors to Thailand’s economy. Continued …

British tourist faces 20 years in jail for cocaine hidden in passport

Jamie Louis Swain, 29, from Enfield, North London, could face up to 20 years in a Thai prison after reportedly being caught with cocaine hidden in his passport. Swain was arrested at Phuket International Airport on his arrival on an Etihad Airways flight on Thursday night.

An immigration officer discovered a small plastic bag filled with white powder in Swain’s passport during routine checks for visa stamping. Authorities confirmed the substance was 0.42 grams of cocaine. Swain’s questionable reaction to the discovery led to a further search of his luggage. Continued …

Japan town begins blocking Mt Fuji view from ‘bad-mannered’ tourists

Work has begun in a small Japanese town to erect a barrier blocking views of the country’s most famous sight, Mount Fuji, after locals complained of bad behavior by photo-hungry tourists.

Fujikawaguchiko town began building panels of mesh netting at a spot where unending flows of mostly foreign tourists visit daily to take photos of the majestic mountain sitting behind a Lawson convenience store. Continued …