• Prospect of new government after elections gets economy humming again/
• Thailand’s election timeline explained/
• Consumers cut spending, wait for sales/
• Inflation, attrition push up salaries/
• Jets, drugs and fast cars: the ‘super-rich’ Chinese gangsters who call Thailand home/
• Big Joke says he’s investigating Immigration from top to bottom/
• Top 6 Favorite Thai Dishes/
• With locals not disposing of plastic correctly, Thailand is importing the world’s waste instead/
• TerraCycle Foundation cleaning Thailand’s waterways/
• 7-11 Goes Green/
• Bangkok’s Skytrain Fares To Rise On Jan 1/
• Thailand testing electric trucks to replace fleet of 400,000 diesel vehicles/
• Seawalls are no panacea/
• Tourism: Chiang Mai welcoming more tourists as flights start returning/At least 100,000 join in the Big Mountain music festival in Nakhon Ratchasima/
• Covid: Nearly 4,000 patients with Covid hospitalized, 107 deaths reported in a week/Covid-19 now becoming a seasonal bug/XBB Covid Variant In India Will Soon Reach Thailand: expert/COVID monitoring center in Korat to reopen as infections rise/Hong Kong drops curbs on incoming travelers, scraps Covid app/
• International: China sends record wave of bombers into Taiwan defense zone/Former FTX CEO Bankman-Fried arrested in Bahamas/Russia’s McDonald’s successor replacing Big Mac with ‘Big Hit’/

Prospect of new government after elections gets economy humming again

Thailand’s stock market has been vibrant since the Constitutional Court gave the green light to new electoral bills that are likely to benefit bigger parties. Stock analysts viewed the passing of the election law as paving the way for the next general election and the formation of a stable government. A government made up of one or some of the bigger parties is considered more stable than one formed by many small parties.

The stock market is a leading indicator, as it moves faster than the economy while it is still subject to many uncertainties, because nobody knows for sure whether the democratic alliance will win over the rival conservative camp, which is backed by the military.

Observers say political parties and politicians will spend more during the election campaign early next year leading up to the election expected to be held in May. Continued …

Thailand’s election timeline explained

Thailand is entering “election mode” after two organic laws necessary for the next national vote were recently cleared by the Constitutional Court to be submitted for royal endorsement.

The House of Representatives’ four-year term expires on March 23, but many analysts expect Prime Minister Prayut Chan-o-cha to dissolve the House early in search of political advantage.

The Constitutional Court last month endorsed the two organic laws – the Political Parties Act and MP Election Act – which restore the two-ballot system and the party-list MPs calculation method of dividing total votes by 100. The previous general election in March 2019 used a single ballot and divided party-list votes by 500. Continued …

Home buyer confidence rises two years in a row

The home buyer confidence index in 2022 improved for the second consecutive year, as owners of all sizes of businesses were more confident about the current and future economy, according to property research and consultancy Terra Media and Consulting.

Sumitra Wongpakdee, managing director, said consumers in all careers, except students and the unemployed, were quite confident about the economy, with the most change among business owners.

“Business owners were no longer worried about the economy, unlike two years ago,” she said. Continued …

Consumers cut spending, wait for sales

Thai consumers have cut back their spending this year amid rising inflation, but more than half plan to make digital purchases during the sales season, while online shopping across Southeast Asia declined from last year, a recent study revealed.

The “Inflation & Shopping in the Digital Age” survey, conducted in November, found inflation affected the spending of more than 9,000 consumers in Singapore, Malaysia, Thailand, Indonesia, Vietnam and the Philippines this year.

While 90% of respondents reduced their expenses over the last six months, higher-income shoppers did not change their shopping behavior because they were less affected by inflation, according to the study, which was jointly prepared by global research companies Blackbox Research and ADNA. Continued …

Inflation, attrition push up salaries

The median salary increase for Thailand in 2023 will be 5.1% compared with this year, according to a survey of more than 700 companies in the six largest Southeast Asian economies by Aon Plc, a global professional services firm.

The figure for Thailand compares with an expected median increase of 7.9% in Vietnam, 6.8% in Indonesia, 6% in the Philippines, 5.1% in Malaysia and 4.7% in Singapore, the company’s 2022 Salary Increase and Turnover Study found.

While inflation plays a significant role in how salary changes look across the region, supply and demand in the talent market is also a big factor, Aon found in the survey conducted in the third quarter of this year. Continued …

Jets, drugs and fast cars: the ‘super-rich’ Chinese gangsters who call Thailand home

A seized private jet, supercars, drugs and palatial mansions: the spoils of crime committed by suspected Chinese gangsters based in Thailand are raising awkward questions over how foreign criminals have freely moved millions of dollars of illicit money through the kingdom.

The scandal began to unfold in late October, when a nationwide anti-drugs operation by the Thai police unearthed a cavernous illegal nightlife den – called Jinling – hidden behind a car wash in Bangkok’s Sathorn commercial district.

It catered to a near-exclusive Chinese clientele, serving up bags of ketamine and other party drugs in karaoke rooms that raged through the night, allowing guests to stash any unfinished drugs for their next visit. Continued …

Big Joke says he’s investigating Immigration from top to bottom

Top investigator Police Gen. Surachate “Big Joke” Hakpan did not mince his words when saying he intended to see a full investigation at the Immigration Bureau, from non-commissioned classes to the generals.

He is investigating links in the IB ranks to the granting of favors to Chinese nationals looking to live and do business in Thailand. Continued …

Top 6 Favorite Thai Dishes

Over 10 years ago, my wife and I traveled to different regions in Thailand. This was a fantastic adventure where I fell in love with Thai cuisine. While traveling, we got to taste extraordinary dishes with amazing flavors from different parts of Thailand.

After our trip, I started to learn how to make the dishes, adding a lot of flavor and joy to our meals! Check out the top 6 Thai dishes I’ve made and shared. I hope you love it!

Thai Red Curry

This is a delicious Thai curry that really balances the flavors of sweet, spicy, funky, and sour! This is a meal that bursts with flavor and is so simple to make that you will be adding it to your weekly meal rotation! Continued …

With locals not disposing of plastic correctly, Thailand is importing the world’s waste instead

A temple south of Bangkok has an unusual ask for its followers: They are encouraged to drop off plastic and glass bottles, milk cartons, paper and other used items.

At the Chak Daeng temple, the items are then sorted. Plastic bottles are compressed into bales that will be sent to a factory to be turned into polymer fibers. These are then mixed with cotton fibers to become thread, which is woven into fabric.

After the fabric is dyed saffron, it is sent back to the temple to be made into monks’ robes. “If we can make a robe from a plastic bottle, that means we’re following Lord Buddha’s teaching,” said temple abbot Pra Maha Pranom. Continued …

TerraCycle Foundation cleaning Thailand’s waterways

Some 80% of plastic waste in the ocean is transported via rivers or coastlines, demonstrating the importance of collecting it as far upstream as possible. To tackle this source of pollution, the TerraCycle Global Foundation, a non-profit founded by TerraCycle, has cleared 581 tons of waste from Thai waterways – roughly equivalent to the weight of more than 350 cars – in its first two years.

The foundation has operated in canals throughout Bangkok since June 2020. It partners with local community and government organizations to stop waste from reaching the ocean, where it degrades and becomes harder to capture and recycle.

Using innovative wildlife-safe traps, the foundation collects all types of waste, including plastic, reducing the chance of the waste breaking down into microplastics and other hard-to-capture particles. Continued …

7-11 Goes Green

CP All Public Company Limited, the sole operator of 7-Eleven stores and 7-Eleven Delivery committed to society development and environmental sustainability. The company has driven its 7 Go Green strategy as well as complying with the government’s new “BCG” (Bio-Circular-Green) economic model by developing innovations to reduce energy consumption in 7-Eleven stores and delivery services.

Wichien Jungviroj, Managing Director (Co) of CP All Public Company Limited, said, “CP All strongly committed to run our business under sustainability framework by implementing a strategic plan to drive Thailand’s BCG economic model for 2021-2026.” Continued …

Bangkok’s Skytrain Fares To Rise On Jan 1

Bangkok Mass Transit System Plc (BTS), the operator of the Skytrain system in the metropolis, yesterday announced a fare increase for rides to 24 stations over a distance of 23.5 kilometers starting Jan. 1.

The fare hike is applicable to the following lines:

• Sukhumvit – Mo Chit to On Nut station;
• Silom – National Stadium to Saphan Taksin;
• Silom Extension – Krung Thon Buri to Wong Wian Yai station. Continued … https://thainewsroom.com/2022/12/12/bts-confirms-skytrain-fares-to-rise-on-jan-1/

Thailand testing electric trucks to replace fleet of 400,000 diesel vehicles

Thailand’s trucking industry will decide whether to switch its fleet of 400,000 diesel trucks to electric vehicles in April next year after EV tests, according to the Land Transport Association of Thailand.

Association President Apichart Prairungruang said the plan to switch from diesel to electric trucks came after the government released support measures for EVs.

He said that the association would test the EV trucks for safety to address concerns over possible battery explosions. It would also compare the capacity of electric and diesel trucks, since the new EVs will be used for long-distance trips of 300-500 kilometers, he said. Continued … 

Seawalls are no panacea

Last week, the environmental group Beach for Life launched a protest to urge the Ministry of Natural Resources and the Environment to review its policies on the construction of seawalls and breakwaters intended to help prevent coastal erosion.

The group, which represents 94 civil groups and coastal communities, demanded the ministry overturn a ministerial resolution issued about nine years ago, which allowed the Public Works and Town Planning Department (DPT) to build such structures along the coast without conducting an environmental impact assessment (EIA). Continued …

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Chiang Mai welcoming more tourists as flights start returning

Chiang Mai returned to its top spot as a favorite destination after the number of daily arrivals rose beyond 20,000 in December.

Nattawut Ta-inta, Chiang Mai Airport’s deputy director, recently said that the airport now welcomes between 18,000 to 20,000 passengers daily; of them, some 2,000 are international arrivals.

Some 130 domestic and about 20 international flights land in Chiang Mai daily. He said 11 international airlines have returned to their pre-pandemic schedule, including flights from Incheon and Busan in South Korea; Hanoi, Danang and Ho Chi Minh City in Vietnam; Singapore; Luang Prabang in Cambodia; Taiwan capital Taipei; Hong Kong; Yangon in Myanmar; and the Malaysian capital Kuala Lumpur. Continued … 

At least 100,000 join in the Big Mountain music festival in Nakhon Ratchasima

At least a hundred thousand people joined in the Big Mountain Music Festival in Nakhon Ratchasima over the past weekend. The music festival returned after two years of being basically canceled due to Covid-19.

Watcharee Pratchanusorn, president of the Tourism Council of Nakhon Ratchasima, said, “There were at least 100,000 people who joined in the music festival. One hundred percent of rooms at hotels and resorts nearby were sold out, in which 208 hotels with a total of 8,221 rooms were full. Continued …

Nearly 4,000 patients with Covid hospitalized, 107 deaths reported in a week

A total of 3,961 patients diagnosed with Covid-19 received treatment in hospitals during the past week, and 107 patients succumbed to the disease, the Disease Control Department (DCD) reported on Monday.

In its weekly report, the DCD said 3,961 patients were hospitalized from Dec. 4 to 10, or an average of 566 patients a day.

The DCD said 107 people had died of Covid during the period, an average of 15 deaths a day. The number of Covid deaths has reached 11,694, the DCD added. Continued …

Covid-19 now becoming a seasonal bug

Covid-19 is becoming a seasonal virus in Thailand, primarily active during two periods of the year, said Yong Poovorawan, director of the Center of Excellence in Clinical Virology at the Faculty of Medicine, Chulalongkorn University.

Dr. Yong said infections are expected to peak between June and September and November and February. He said the virus can re-infect a person, similar to the Respiratory Syncytial Virus (RSV), but unlike diseases such as measles, which, once infected or vaccinated, can build immunity that lasts for life. Continued …

XBB Covid Variant In India Will Soon Reach Thailand: expert

A pulmonary disease expert said yesterday that Thailand has to watch what Covid-19 strain is spreading in India because the same variant usually comes here, with the one currently taking hold there being XBB.

Dr. Manoon Leechawengwong, who is based at Vichaiyut Hospital, said the Delta variant was first discovered in India late 2020, after which it spread globally, with Thailand suffering from a big Delta wave in the middle of 2021.

In June this year, India was among the countries where the BA.2.75 Covid subspecies was first identified and it then replaced BA.5 as the dominant strain there. After that ,this strain spread to many countries, including Thailand where it set off a new Covid wave. Continued … 

COVID monitoring center in Korat to reopen as infections rise

The Nakhon Ratchasima provincial administration plans to reopen the COVID-19 monitoring center next week, in the wake of a rising trend in new infections.

Currently, an average of two COVID-19 patients are dying each day in this northeastern province, with six fatalities reported Sunday alone, most of them elderly people who were not fully vaccinated. Continued …

Hong Kong drops curbs on incoming travelers, scraps Covid app

Arrivals in Hong Kong from Wednesday will no longer receive an “amber” code barring them from some venues, Chief Executive John Lee said, while dropping use of a government-mandated Covid-19 mobile application.

The news of a further loosening of Covid-19 curbs in the global financial hub, which has trailed most of the world in easing them, is set to boost resumption of travel and business, as the code had limited access to bars and restaurants. The government’s move to scrap its mobility-tracking app governing access to restaurants and venues such as gyms, clubs and salons, comes after mainland China dropped the requirement. Continued … 

International

China sends record wave of bombers into Taiwan defense zone

China sent a record 18 nuclear-capable bombers into Taiwan’s air defense zone, Taipei said Tuesday, just days after Beijing banned more Taiwanese imports in the latest sign of deteriorating ties. Continued … 

Former FTX CEO Bankman-Fried arrested in Bahamas

 

Sam Bankman-Fried, who founded and led FTX until a liquidity crunch forced the Bahamas-based cryptocurrency exchange to declare bankruptcy, was arrested on Monday in The Bahamas after being criminally charged by U.S. prosecutors. Continued … 

Russia’s McDonald’s successor replacing Big Mac with ‘Big Hit’

Starved of Big Macs since McDonald’s Corp. closed its Russian restaurants in March, Russians will from next year be treated to an alternative from the burger chain’s successor – the “Big Hit.” Continued …