Blossom Train -

Subscribe to Blog via Email

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 …

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