Tag Archives: aot profits

Wednesday’s news-Feb 14

Today’s news: Roses and condoms/New water rates in Hua Hin/Monsoon Valley Harvest Festival/Hua Hin Yoga Festival/Record-breaking summer heat/Weapon against PM2.5/US Secretary of State’s Meeting/Lisa to make acting debut/Printed pants: the ‘elephant’ in the room/Marijuana ban put on hold/Economy: Slow economic growth/Consumer confidence up/AOT sees soaring profits/Doing good a business competitive edge/Tourism: 200 million passengers by 2031?/13.3% More Tourists/Extra Holiday for Songkran/Foreigners Complain About Lion Cafes/Environment: Coastal erosion project under scrutiny/A Healthy Mangrove Forest in Thailand/Thailand Experience: Pak Khlong Talat at dusk/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


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Roses and condoms lead Valentine sales

According to Grab, the top 5 best-selling categories on GrabMart during February include flower bouquets, gifts or gift sets, chocolates, beauty products and cosmetics, and garlands and sacrificial offerings.

Video 

Roses continue to dominate as the top-selling love-themed item, witnessing a sales increase of up to nine times higher than usual. Additionally, condoms emerge as another popular item, experiencing a sales surge of over 30%. Continued …

New water rates in Hua Hin

Hua Hin Municipal Waterworks Authority began implementing a revised water supply rate structure in at the start of this year. The updated rates took effect Jan. 2.

Monsoon Valley Harvest Festival starts Saturday

A wonderful time of year to visit any vineyard is harvest time. It is when the grapes are being picked and processed, offering a unique opportunity to witness the wine-making process and to see the vineyard at its most active.

In February, the Monsoon Valley Harvest Festival 2024 is happening at Hua Hin’s Monsoon Valley vineyard. This year’s festival, happening from Feb. 17-25, promises an immersive and fun experience into the world of wine making. Continued …

Hua Hin Yoga Festival this weekend

The Hua Hin Yoga Festival will take place this Friday-Sunday. The event starts at 5pm each evening and is free of charge, but you need to register beforehand.

The Tourism Authority of Thailand (TAT), Prachuap Khiri Khan office, in collaboration with Hua Hin municipality, Hua Hin/Cha-am Tourism Business Assn. Prachuap Khiri Khan Province, Thai AirAsia Hua Hin, YEC Prachuap Khiri Khan Province, Verso Hotel Hua Hin, Bangkok Hospital Hua Hin, Shakti Yoga and government and private sector partners organized the festival at Khao Takiab Beach in front of Verso Hua Hin Hotel. Continued …

Thailand braces for record-breaking summer heat in five provinces

Thailand’s Meteorological Department has issued a stark warning that this year’s summer season could bring even more intense heat than the previous year to five provinces, already topping the charts as the hottest in the country.

The forecast, released yesterday, suggests a sweltering summer ahead with temperatures that could soar to a scorching 44.5 degrees Celsius. The five provinces identified as the hottest spots include Mae Hong Son, Uttaradit, Sukhothai, Tak, and Udon Thani. Continued …

Thai researchers develop plant-based weapon against PM2.5 pollution

Researchers at Naresuan University (NU) in Phitsanulok province have developed a new weapon in Thailand’s war on deadly PM2.5 air pollution.

PM.drop, a solution designed to reduce smog particles in the air, is made from safe plant extracts and is ready to commence commercial production. Continued …

US Secretary of State’s Meeting with Thai Deputy Prime Minister and Foreign Minister

U.S. Secretary of State Antony Blinken met with Thai Deputy Prime Minister and Foreign Minister Parnpree Bahiddha-Nukara in Washington, D.C. Blinken reaffirmed the importance of the U.S.-Thailand alliance, and the two sides discussed opportunities to strengthen cooperation across a range of bilateral and global issues.

Blinken emphasized U.S. commitment to increasing collaboration on trade and investment, broadening security cooperation to promote a free and open Indo-Pacific, and deepening people-to-people ties, including through new academic partnerships and enhanced existing institutional relationships. Continued …

Thailand’s K-pop princess Lisa to make acting debut on ‘White Lotus’ Season 3

Thailand’s K-pop princess Lalisa “Lisa” Manoban is making her acting debut with a role in the third season of the dark comedy TV series “The White Lotus”.

Filming for the third season will kick off this month, with production set in Bangkok, Phuket and Koh Samui. The series is expected to hit the screens in 2025. Lisa is a member of the hit K-pop all-girl band Blackpink. Continued …

Printed pants: the ‘elephant’ in the room

Trousers with traditional Thai elephant patterns, an iconic souvenir from Thailand, have become increasingly popular among foreign visitors and inevitably caught the eyes of online wholesalers/retailers, who see the baggy pants as a sweet business opportunity.

A recent survey of popular e-commerce platforms with the search term “elephant pants Thailand” found several listings from sellers, along with various shipping sources, signifying heated competition to sell this popular product. Western-based platforms like eBay and Amazon listed retail prices of elephant pants from 400 to 900 baht or higher, with most of the sellers advertising that they are products from Thailand. Continued …

Marijuana ban put on hold

The proposed legislation that would ban recreational cannabis use in Thailand has been delayed by the government to gather further public feedback, according to Public Health Minister Cholnan Srikaew.

Following Tuesday’s cabinet meeting, Minister Cholnan announced that the Ministry of Public Health requires more time to collect perspectives on the proposed bill. This delay prevents its immediate submission to the cabinet for consideration. Continued …

Slow economic growth, lack of foreign investment are major challenges

Thailand’s biggest economic challenge is that its economy has been growing at a slower pace, about 3% per annum, than Malaysia and China, at about 5% annually, because it lacks the ability to attract foreign investors, according to Kobsak Pootrakool, executive vice president of the Bangkok Bank and a respected economist.

If the slow growth persists much longer, Thailand will lose the status of being the economic leader in the region, which would be a big problem, but not an economic crisis like the “tom yum kung” debacle in 1997, he said. Continued …

Consumer confidence up for sixth month in a row

Consumer confidence rose for a sixth consecutive month in January, reaching the highest level in 47 months since March 2020, propped up by the government’s stimulus measures to propel spending and reduce electricity and fuel prices.

The University of the Thai Chamber of Commerce (UTCC) reported on Tuesday the consumer confidence index rose to 62.9 in January, up from 62.0 in December, 60.9 in November, 60.2 in October, 58.7 in September, 56.9 in August and 55.6 in July. Continued …

AOT sees soaring profits as global aviation industry thrives

Airports of Thailand (AOT) on Monday reported a profit of 4.56 billion baht in the first quarter of fiscal 2024 (October-December 2023), a jump of 1,231% compared to the same period last year, which saw 342.77 million baht of profit.

The airport authority said it had enjoyed significantly increased revenue from both its aviation and non-aviation businesses. According to Chenwit Musikarat, AOT’s executive vice president for accounting and finance, AOT’s total revenue from sales and services increased 78% year on year to 6.88 billion baht. Continued …

Doing good can give a business competitive edge

It seems counter-intuitive, but in a capitalist economy, doing the most good can provide a competitive edge.

I am not referring to businesses that donate a tiny percentage of their profits to charities or tell you that they are reducing greenhouse gas emissions. I am talking about businesses that donate 100% of their profits — or close to it — to effective charities that do a lot of good. Continued …

200 million passengers by 2031?

Thailand welcomed a record-breaking 39 million foreign visitors in 2019 before the Covid outbreak decimated the country’s prized tourism sector. With tourist spending totaling 1.91 trillion baht, the economy benefited from the tourism boom, as well.

In order to meet the forecasts of the International Air Transport Assn. (IATA), which predicts 200 million foreign arrivals in Thailand by 2031, the country plans to invest in the expansion of four of its main international airports. Continued …

Chinese New Year Brings 13.3% More Tourists to Thailand

Sudawan Wangsuphakitkoson, minister of tourism and sports, revealed on Tuesday that Thailand has attracted a large number of tourists in the past week during the Chinese New Year festival (Feb. 5-11), particularly from East Asia and Southeast Asia, such as China, Malaysia, Hong Kong, Singapore, Taiwan, and South Korea, in comparison to the previous week.

This brings Thailand’s total number of foreign tourists to 872,235, up from 102,227 the previous week, or 13.28%, with an average of 124,605 foreign tourists visiting Thailand each day. Continued …

Cabinet Approves Extra Holiday for Songkran Festival

The Cabinet has passed a resolution approving Friday, April 12, as an additional public holiday, creating a continuous holiday period of five days for Songkran Festival.

This decision comes in light of the upcoming Songkran Festival, during which a significant number of people will be traveling back to their hometowns and visiting various provinces, leading to increased traffic congestion and potential gridlocks. Continued …

Foreigners Complain About Lion Cafes in Phuket and Bangkok

Foreign visitors to Phuket shared images of the lion cubs in the cafes on social media, and many people expressed their disapproval. One comment read, “This is cruelty to animals. Lion cubs should be with their mothers and pride where they belong, not in a café. We strongly oppose this.”

On Feb. 12, Shinthep Kanghae, director of the Khao Phra Thaeo Wildlife Sanctuary, Tourist Police and Phuket City Police Station visited the café in Phuket to investigate. They found the café full of tourists and spoke to Kai, a Chinese friend of the café owner. Continued …

Coastal erosion project in Prachuap Khiri Khan under scrutiny

A project that aimed to reduce the impact of erosion on a stretch of coast in Prachuap Khiri Khan has come under scrutiny by anti-corruption officials.

Yesterday, the Prachuap Khiri Khan provincial office of the National Anti-Corruption Commission (NACC) carried out an inspection involving multiple governmental bodies. The inspection scrutinized a coastal restoration project aimed at combating erosion along the Ao Prachuap coastline. Continued …

Team Dow Volunteers at the Core of a Healthy Mangrove Forest in Thailand

For more than a decade, Dow Thailand volunteers have worked to protect the defenders of the coastline – mangrove trees. Just as the seedlings they’ve planted have taken root and grown, so has the impact of the team’s protection and restoration efforts.

Today, the Dow & Thailand Mangrove Alliance is taking mangrove conservation to the next level and engaging both public and private sectors, as well as surrounding communities, in reducing the impact of climate change and marine debris. Continued …

Email: kenbrown@businessclassasia.com

Roses, lovers and cats – Pak Khlong Talat at dusk

Pak Khlong Talat, the Bangkok flower market, runs from midday into the night, seven days a week. While it’s never empty, Valentine’s Day gives tourists and locals a timely excuse to visit.

Thousands of flowers line the streets, in every color and species. Turmeric marigolds and deep red roses live in pockets between daisies, sunflowers, and everything else. Fake bouquets lay among the real flowers and, after navigating crowded streets in the Thai heat for long enough, the two become indistinguishable. Continued …

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