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MICE events for PKK/Hua Hin kitesurfer at Olympics/Thailand’s leading social networks/Monsoon rains to hit 39 provinces/Wildlife rescuer comatose after cobra bite/PEA pulls plug on EV meters/Some Reasons Not to Panic/Singaporean influencer apologizes/Picking sweet watermelons/Economy: Most important economic goal/Analysts see headwinds persisting/Thailand’s potential $15 billion casino market/Bangkok port will not be moved/Thang Raj app downloads surge/Thailand saw one of the worst drops in FDI/Educate public over nuclear/Pitfalls of ‘going nuclear’/Plant-based milk market/Pickup truck loan defaults surge/Tourism: Radical benefits for travelers/Suvarnabhumi airport expansion/2.2 million Russian tourists in 2025/Tourists accused of killing kitten/Thailand Experience: Stay Slim While Eating Rice Daily/Shark fin consumption wanes in Thailand/International news/Links: Climate Thailand/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

MICE events promoted for PKK

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Hua Hin kitesurfer interviewed at Olympics

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Facebook, Line and TikTok are Thailand’s leading social networks

According to a Q3 2023 report by DataReportal, Facebook maintains the highest penetration rate among social media platforms in Thailand, reaching approximately 91% of the population.

The number of Facebook users in Thailand reached around 50 million in 2023. Thailand can be counted among the leading social media countries in Southeast Asia. Continued …

Email link – kenbrown@businessclassasia.com

Monsoon rains to hit 39 provinces, flash flood warnings

Heavy monsoon rains are expected to lash 39 provinces across Thailand, with severe weather warnings issued for potential flash floods and runoff. Bangkok is also bracing for significant rainfall, with 70% of the area anticipated to be affected.

In the southern region (east coast), thunderstorms will cover 60% of the area, mostly in Surat Thani, Nakhon Si Thammarat, Songkhla, Pattani, Yala, and Narathiwat. Temperatures will range from 23-26°C to 32-35°C. For areas from Surat Thani upward, southwest winds will blow at 15-35 km/h with 1-2 meter waves and over 2 meters in thunderstorm areas. Continued …

Thai wildlife rescuer remains comatose months after cobra bite

A Thai wildlife rescuer remains in a comatose state five months after being bitten by a king cobra. A recent update reveals the extent of the challenges faced by Aun and his family.

A member of the Asoraphiphat rescue team, Jakrin Nilkamhaeng, was bitten by a king cobra in a vein, leading to severe complications. Despite five months passing since the incident, Jakrin’s condition has shown little improvement. Continued …

PEA pulls plug on EV meters for homeowners after reports of misuse

The Provincial Electricity Authority (PEA) will from next month stop accepting new applications for second power meters for charging electric vehicles at home after learning they were being misused.

PEA Gov. Supachai Ek-un said on Monday that no new applications will be accepted from Sept. 1 onward, though those who already have a time of use (TOU) meter can continue using it. Continued …

Some Reasons Not to Panic About a Thai Demographic Collapse

China’s demographics alone – even if you ignore its increasing marginalization from global trade, its dependency on food and energy imports, and President Xi Jinping’s utter gutting of the bureaucracy of anyone who might bring him accurate but unwelcome news – could collapse its economy in the coming decades. Between now and 2050, by conservative estimates, its working-age population will shrink by 220 million people, around a fifth.

That has justifiably sparked major concerns about whether the Chinese state can survive in the coming decades. Thailand will also experience a demographic decline, which has led to similar doom-ish predictions about the country’s future stability. Continued …

Singaporean influencer apologizes for viral clip about Thai sex workers

Local content creator Wendy Cheng, better known as Xiaxue, has apologized for a viral clip that has offended Thai people, claiming it had been taken out of context.

She posted a video of her apology and explanation on Instagram and TikTok on July 27, in which she said: “So I’ve recently gone viral in Thailand and not in a good way. Apparently, a video that I was in really offended many Thais.” Continued …

The one thing watermelon experts do to pick sweet ones

Don’t worry, it is not just you. It is hard to pick a good watermelon. So much of what determines its sweetness is beyond your control. And what is in your control may go against your instincts. It is a challenge to your sense of free will, an exercise in letting go, a gamble at the market.

Also, it’s just a watermelon. Everything will be OK. And if you do manage to pick the perfect melon, everything will be great in that sticky-fruit-juices-down-your-arm-on-a-summer-afternoon way. Continued …

Thailand’s most important economic goal

Any relatively new finance minister, such as Pichai Chunhavajira, comes into office facing a crowded agenda: Maintain good relations with the central bank, ensure strong revenue collections and pursue fiscally responsible policies, manage customs and excise.

Keep an eye on inflation, which reached 1.54% in May but eased to 0.62% in June, and meet the joint monetary policy target agreed with the Bank of Thailand. Improve access to finance. Continued …

Analysts see headwinds persisting until mid-2025

A high level of non-performing loans (NPLs), slow loan growth and rising household debt will continue to pressure banks until the first half of next year, as a reduction in consumer purchasing power and rising living costs will affect not only small businesses but also large companies, analysts say.

Krungsri Securities (KS) has downgraded the banking sector to “bearish” from “neutral”, although most banks reported better than expected net profits in the second quarter, due to “increasing asset quality risks”, said analyst Chayaporn Tocharoen. Continued …

Thailand’s potential $15 billion casino market could become the world’s third largest

A recent study by brokerage CLSA forecasts that a legalized casino market in Thailand could generate annual gross gaming revenues (GGR) of $15.1 billion, positioning it as the third largest globally. This projection is based on Thailand’s anticipated growth in tourism, particularly from China and India, and favorable regulatory conditions.

The report estimates that Thailand could attract 39 million visitors annually, with each spending an average of $386, comparable to Singapore’s gaming market. Continued …

Bangkok port will not be moved, but improved

The Bangkok port will not be moved away from the capital, but will instead be improved with a focus on vertical development to maximize the use of the land, the Transport Ministry announced on Monday.

The ministry was clarifying earlier reports that the port in Bangkok’s Khlong Toei district will be relocated in a bid to tackle issues among residents in the neighborhood. Continued …

Thang Raj app downloads surge after digital wallet details announced

The government’s Thang Raj app has seen a dramatic surge in registrations after the announcement of the digital wallet scheme last week, government spokesman Chai Wacharonke said on Monday.

Chai said that after the government’s announcement of details related to the digital wallet scheme on July 24, there has been a significant rise in downloads and registrations for the app. Continued …

In 2023, Thailand saw one of the worst drops in FDI in the world

Foreign direct investment (FDI), a key barometer for economic growth for developing countries, has seen a decline of about 2% in 2023, with Thailand’s share of FDI inflow declining among the highest in the world, according to latest data released by United Nations Conference on Trade & Development (UNCTAD), with ASEAN continuing to remain in the positive trajectory witnessing a 1.2% uptick in its FDI to US$ 226.3 billion.

UNCTAD, in a report released recently, said that global FDI in 2023 decreased marginally, by 2%, to $1.3 trillion. This headline figure was affected by wild swings in financial flows through a small number of European conduit economies; excluding the effect of these conduits, global FDI flows were more than 10% lower than in 2022. Continued …

Call to educate public over nuclear push

A new public perception of nuclear technology in the power sector is needed and crucial for the Energy Ministry’s efforts to push for small modular reactor (SMR) projects in the 2024 power development plan, say energy and nuclear technology experts.

SMR is a type of nuclear power technology with a capacity of up to 300 megawatts per unit, about one-third of the generating capacity of larger, traditional nuclear power reactors, according to the International Atomic Energy Agency (IAEA). Continued …

The pitfalls of ‘going nuclear’

Reports that the energy ministry is conducting a feasibility study into developing small nuclear power plants have been met with mixed reactions – from welcome, mainly by the energy and industrial sectors, to reluctance and fear.

The split response was anticipated. Although Thailand has aspired to “go nuclear” for almost four decades, valid fears – solidified by tragic accidents at nuclear power plants in Chernobyl in Ukraine in 1986 and Fukushima in Japan in 2011, as well as domestic accidents involving radioactive waste – remain about whether Thai-style management can cope with technology so reliant on highly efficient, transparent and trustworthy leadership. Continued …

Plant-based milk market is expanding

There are several reasons plant-based milk is gaining popularity worldwide. Food trends, of course. Health, definitely. Environmental concerns also count.

Despite differences in purpose, what is for sure is the plant-based milk market is expanding – not just in Thailand but globally. According to Business Research Insights, the global plant-based milk market was valued at US$13.89 billion (498.2 billion baht) in 2021 and is expected to grow and reach $35.3 billion by 2032. Continued …

Pickup truck loan defaults surge 39% in May

The National Credit Bureau (NCB) reported a significant 39% increase in bad debt for pickup truck loans in May, highlighting an alarming trend in the auto finance sector.

Banks have also seen a contraction in car loans during the first half of this year, corresponding with a nationwide decline in car sales. By May 2024, non-performing loans (NPLs) for pickup trucks had reached approximately 138 billion baht, marking a 39.1% year-on-year rise. Continued …

Thailand’s July 15 visa revolution offers radical benefits for travelers, more to come

A senior Thai civil servant at the Ministry of Foreign Affairs in the last week has brought home the significance of the crucial visa changes ushered in on July 15. Undeniably, the changes offering a 60-day visa exemption to travelers from 103 countries extendable to 90 days and the new DTV visa are radical departures.

For instance, on the 60-day exemption, Naruechai Ninnart explained that this was a new visa from the previous 30-day one. In short, it allowed for business engagement and ad hoc working. Similarly, with the DTV or Destination Thailand visa, here is a visa for genuine freelancers or digital nomads that for Bt10,000 offers them the ability to enter and exit the country for five years, staying for up to 180 days at a time. Continued …

AoT greenlights Suvarnabhumi airport expansion plan

The Airports of Thailand’s (AoT) board has approved the master plan for a five-year expansion project at Suvarnabhumi airport, which will take place between 2025 and 2030.

AoT Director Kirati Kijmanawat said on Sunday the master plan was approved during the meeting of AoT’s board last Thursday, along with a 170-million-baht budget for hiring a team of consultants for the project. Continued …

Thailand anticipates record 2.2 million Russian tourists in 2025

Thailand’s tourism sector is set to witness a surge in Russian travelers, with projections indicating a record 2.2 million arrivals next year, buoyed by a new 60-day visa-free scheme. However, a shortage of aircraft in Russian airlines poses a challenge, according to the Tourism Authority of Thailand (TAT).

In 2025, TAT aims for a 7.5% increase in revenue, targeting 39 million foreign tourists and 205 million domestic trips. Continued …

Tourists accused of killing kitten with luggage

Thai netizens condemned two foreign tourists for kicking and running their luggage over a kitten, leading to its death in Soi Phayanak near Ratchathewi BTS Station in Bangkok. The tourists were widely assumed to be Chinese.

An online post shared pictures of the dead animal and the tourists, reported to be Chinese, on Sunday, saying, “These two Chinese tourists pulled their luggage through Soi Phayanak near Ratchathewi BTS Station where a stray kitten, called Yen, was playing. It played near the tourists’ luggage, prompting them to kick it and run their luggage over it. A witness took the cat to the clinic but it succumbed to the injury.” Continued …

7 Surprising Ways to Stay Slim While Eating Rice Daily

During a months-long stay in Thailand, Emily, a French dietitian, was struck by how slim the locals were despite eating rice at every meal. By observing their lifestyle, she uncovered their seven unexpected slimming secrets. Let’s break it down.

Rice is the star of Thai cuisine, but it’s always served in reasonable portions of about 150 grams, or 200 calories. “Thai people take time to chew each mouthful of rice thoroughly, at least 15 to 20 times. This promotes satiety and prevents overeating,” explains Emily. Continued …

Shark fin consumption wanes in Thailand, yet demand persists

Consumption of shark fin has declined by more than one-third in Thailand since 2017, according to a new report from wildlife advocacy group WildAid. But with more than half of urban Thai citizens reporting they still plan to eat shark in the future, demand remains high.

“Thais are becoming more aware of the importance of sharks to the ocean,” Petch Manopawitr, a conservation scientist and Thailand program adviser at WildAid, said in a statement. “(However), not only does the demand for shark fin persist, but sharks are becoming more commonly used in pet food and snacks, as well.” Continued …

Floods ravage Cambodian provinces, crocodile alerts issued

Flooding along the Stung Prek Tnaot River and other areas has reached dangerous levels, inundating the homes of hundreds of families, while a crocodile scare has alarmed residents in O’Som commune of Pursat’s Veal Veng district. Continued …

Indonesian President Jokowi tries out palace in proposed new capital

Indonesian President Joko Widodo spent his first night in the eagle-shaped palace of the country’s proposed new capital Nusantara, ahead of official meetings yesterday, as the outgoing leader works to allay fears about the beleaguered infrastructure project. Continued …

Air-to-water generators address shortages in Cambodian rural areas

Five air-to-water generation stations have been built in areas experiencing severe water shortages to reduce poverty and improve the health of people in remote regions. The lack of clean water in some rural areas has severely affected people’s lives, health and well-being. In these localities, there are not enough sources, such as rivers, streams, lakes and groundwater, to produce clean water for everyday use. Continued …

Hong Kong customs to use AI to check 6,000 digital images in seconds

Hong Kong customs will establish a new artificial intelligence (AI) system that can process up to an hour of surveillance camera footage, or about 6,000 images, within seconds to crack down on crimes involving digital evidence. Continued …