Myanmar Arms Sales -

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Hua Hin to get much larger/Journalist in Samui Threatened/Banks’ Involvement in Myanmar Arms Sales/Thailand and the Olympics/NBTC won’t broadcast Olympics/Thai athletes’ Olympic outfit/Economy: Direct renewable power sales/Digital wallet to aid restaurants/Thais place faith in lucky charms/Rise in new business registrations/Rayong developers reduce launches/Thai Beverage exits real estate sector/Thai oil firm branches out/ADB revises growth forecast/Chinese EV upstarts/Anutin opposes cannabis reclassification/Tourism: Unlimited entry by land/Thai AirAsia X to move to Don Mueang/Bangkok tourism still struggling/Embracing community-based tourism/New Thai-Lao Train Service/Koh Samui benefitting/Thailand Experience: Thailand’s Tasty Hideouts/5 luxury villas in Phuket and Koh Samui/Uncertain future for sea nomads/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

Hua Hin city about to get much larger

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Hua Hin Beach now has showers

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Journalist in Samui Threatened with Violence Over Luxury Villa Report

A Channel 7 journalist in Koh Samui filed a complaint after being threatened by the owner of a luxury villa project. The incident occurred following the journalist’s report on potential irregularities in the construction permits for the villas.

Authorities from the Internal Security Operations Command (ISOC) Division 4 are currently investigating the Samui Green Cottages project, which is located on Chaweng Noi Mountain in Surat Thani province. Continued …

Thai FM Denies Banks’ Involvement in Myanmar Arms Sales

Foreign Minister Maris Sangiampongsa has firmly denied allegations from a United Nations report claiming that Thai-owned banks were involved in arms sales transactions with Myanmar’s government forces.

During a House of Representatives session, Maris rebuffed claims from Tom Andrews, the UN special rapporteur for human rights in Myanmar, who asserted that nearly $130 million in weapon sales had been funneled through unnamed Thai banks to Myanmar’s military, the Tatmadaw. The UN report, titled “The Billion Dollar Death Trade,” accused Thailand of being a key supplier of arms fueling Myanmar’s internal conflict. Continued …

Can Thailand continue its Olympic golden run in Paris?

Thailand has won 35 Olympic medals – 10 gold, 8 silver and 17 bronze – since debuting at the 1952 Helsinki Games. The first medal came 24 years later when boxer Payao Poontarat stepped onto the Olympic podium at the 1976 Montreal Games after winning bronze in the men’s light flyweight.

Boxing has become a symbol of hope for Thai people ever since. Thailand’s boxers continued to shine on the Olympic stage, with Dhawee Umponmaha winning silver at the Los Angeles edition in 1984, Phajol Moolsan punching to bronze four years later in Seoul, and Arkhom Chenglai grabbing another bronze at the 1992 Barcelona Olympics. Continued …

Email link – kenbrown@businessclassasia.com

NBTC votes not to purchase broadcasting rights for Olympics

A meeting of the National Broadcasting and Telecommunications Commission (NBTC) on Wednesday voted unanimously 7:0 not to spend 435 million baht to sponsor the purchase of broadcasting rights for the 2024 Olympic Games and 2024 Paralympic Games.

The motion proposed that the NBTC use resources from its Broadcasting and Telecommunications Research and Development Fund for Public Interest to sponsor the purchase of broadcasting rights for the two sporting events, which will be held in Paris, France from July 26 to Aug. 11, and Aug. 28 to Sept. 8, respectively. Continued …

Thai athletes’ Olympic outfit stirs debate online

The new uniform for Thai athletes attending the Olympic Games 2024 has become a hot potato after some netizens criticized the design as being outdated.

The outfit, modeled by the team’s badminton player, Sapsiree Taerattanachai, is a blue-colored shirt made from Thai indigo-dyed silk. It sparked heated conversations on social media following its premiere, with many netizens criticizing it for its “outdated design”. Continued …

Direct renewable power sales garner support

The state’s move to promote direct power purchase agreements (PPAs) is gathering momentum, with the authorities and business people to jointly conduct a study over a plan to support direct sales of renewable energy from producers to factories in the Eastern Economic Corridor (EEC), says the EEC Office.

Peer-to-peer power trade in the renewables category has not been permitted in Thailand, but the National Energy Policy Council wants to run a direct PPA pilot project to attract foreign investors, especially those in data center and cloud service businesses, who demand a sufficient supply of clean energy for their operations. Continued …

Restaurant group sees digital wallet spurring sales

Central Restaurants Group (CRG) expects the digital wallet handout scheme to help drive its sales growth by 5% in 2024, while the total value of the country’s restaurant market is expected to reach 400 billion baht this year.

Referring to the ruling Pheu Thai Party’s plans to initiate the 10,000-baht digital wallet handout scheme in the fourth quarter, Nath Vongphanich, president of CRG, said the company will await further clarity or guidance regarding this matter. Continued …

Thais place faith in lucky charms amid slow economic growth

Thailand has been witnessing a booming market for goods related to religious beliefs and superstitions since the Covid-19 pandemic, as the country deals with slow growth, with social media platforms prominent in marketing them.

Auramon Supthaweethum, director of the Thai Business Development Department, reported that 12 companies specializing in faith-based products registered between January and March of this year, compared with 33 registrations for the whole of last year and 24 in 2022. Continued …

Department predicts rise in new business registrations

The Department of Business Development (DBD) expects new business registrations for 2024 to reach between 90,000 and 98,000, marking a 5%-15% increase, attributed to the progress of the digital wallet handout policy, measures to attract foreign investment, namely the long-term resident visa scheme and corporate income tax exemption for foreign companies that conduct business here, as well as the use of investment budget following the disbursement of fiscal 2025 budget that began on April 26.

Moreover, the government’s plan to stimulate tourism in the second half of 2024 will drive the tourism sector and related businesses such as hotels, restaurants and logistics firms. Continued …

Rayong developers reduce launches as sales decline

Developers in Rayong are adjusting to a market slowdown by reducing the bulk of newly launched residential supply in the first quarter of 2024, in response to consecutive declines in sales.

Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the Rayong market, predominantly composed of low-rise houses, experienced a decline in sales in the first quarter. Continued …

Thai Beverage exits real estate sector, sells Frasers stake to TCC

Thai Beverage Pcl (ThaiBev) has notified the Singapore Exchange (SGX) that it will sell its entire stake in Frasers Property Limited (Frasers Property) to TCC Assets, a holding company affiliated with ThaiBev.

Under the share swap agreement with TCC Assets, ThaiBev will increase its holdings in Fraser & Neave (F&N), a food and beverage company in Singapore, instead. Continued …

Thai oil firm branches out into healthcare, beauty products

PTT Oil and Retail Business Plc (OR) aims to open 10 shops selling healthcare and beauty products both inside and outside petrol stations to support the company’s plan to grow its non-oil business.

“We want to make sure our customers can conveniently buy our products in many areas at any time,” said Disathat Panyarachun, chief executive of OR, adding that consumers can find such products at both PTT stations and community malls. Continued …

ADB revises growth forecast for Developing Asia upward to 5%

The Asian Development Bank has revised up its growth forecast for developing Asia in 2024 to 5.0%, citing improved tech-related exports in South Korea and Taiwan, and robust domestic demand across the region.

The growth forecast for Southeast Asia remains at 4.6% this year due to strong improvements in domestic and external demand. However, Thailand’s growth forecast of 2.6% indicates that the country’s economy is expected to expand at a moderate pace. This growth rate is lower than that of most other countries in the region, with the notable exception of Singapore. Continued …

Chinese EV upstarts to battle Japanese heavyweights for Thailand’s pickup truck market

In the Thai beach town of Pattaya, travelers disembarking at the Bali Hai pier can hail a taxi or cram into a songthaew, a modified pickup truck. On a recent weekday, a row of shiny white songthaews stood at the pier, part of a pilot launch of Toyota Motor’s new electric vehicle truck that aims to shake up Thailand’s pickup truck market.

A row of Toyota Hilux Revo-e trucks parked in Pattaya

The Hilux Revo-e, a version of the popular workhorse Hilux, is the automaker’s first EV pickup truck. Toyota, which is under pressure from Chinese electric vehicle makers in Thailand, has said it will manufacture the Hilux Revo-e in the country by the end of 2025, and also export the vehicle. Its Japanese rival, Isuzu Motors, also plans to manufacture its electric pickup truck D-Max in Thailand, and begin exports from next year. Continued …

Deputy PM Anutin opposes PM Srettha’s cannabis reclassification

Deputy Prime Minister and Minister of the Interior Anutin Charnvirakul declared his opposition to Prime Minister (PM) Srettha Thavisin‘s policy to reclassify cannabis as a Narcotics Category 5 drug.

The Office of the Narcotics Control Board (ONCB) agreed last week to reclassify cannabis, which has been permitted for health-related purposes for over two years. This new policy is expected to be implemented next year. Continued …

Thailand’s 60-day visa exemption unleashes unlimited entry by land

Three days into Thailand’s 60-day entry visa exemption, a tourist discovered there are no restrictions on the number of entries by land in a calendar year.

A visa expert reported that the tourist did two free stamp land entries this year, left Thailand, then entered the country again, and got a new 60-day entry with no issues. “The immigration officer said entries are unlimited.” Continued …

Thai AirAsia X to move all flight operations back to Don Mueang Airport

In support of the government’s plan to establish Thailand as a regional aviation hub and to provide better and seamless connectivity to its guests, Thai AirAsia X (XJ) will be relocating all of its flight operations to Don Mueang Airport (DMK) starting Oct. 1.

The relocation follows successful coordination with, and is being facilitated by Airports of Thailand Plc. and the Civil Aviation Authority of Thailand. Thai AirAsia X currently operates from Suvarnabhumi Airport. Continued …

Bangkok tourism still struggling: arrivals rebounding but not business

The Covid-19 emergency is now completely over, but Thai tourism is not taking off again. The authorities continue to show optimism, but the difficulties of a sector that was expected to soften the impact of the crisis are increasingly evident.

The fragility of the sector is intertwined with internal and external constraints: the flaunted numbers are strongly influenced by the parameters used (such as the distinction between tourist arrivals, arrivals in general, and the inclusion or non-inclusion of transits) and contrast with the real economic impact, which has seen the country drop to 40th place in the sector’s international rankings this year. Continued …

Embracing community-based tourism as a way to thrive and survive amid climate change

At 47, Cheunjit “Chuen” Chuaysong stands as one of the last individuals born in Khao Sok National Park, Thailand — a rainforest with biodiversity rivaling the Amazon. She is among the few women wilderness guides in the area who have championed community-based tourism and successfully engaged the next generation in this effort.

Passionate about the natural world and her home, she also highlights the challenges her community faced when Khao Sok took on its status as a national park. The story of Khao Sok is complex, and it challenges assumptions about the role of national parks in conservation and their impact on local lives. Continued …

New Thai-Lao Train Service Debuts Today

Starting today is a new Thai-Lao train service directly linking Bangkok and Vientiane, with this being a project undertaken by the governments of the two countries to better connect rail systems.

This daily rail service is an extension of the Bangkok-Nong Khai route, with the State Railway of Thailand (SRT) having just opened reservations and these can be made up to 180 days in advance. Continued …

Koh Samui benefitting from ‘The White Lotus’ buzz

Koh Samui, the well-known tourist island off the coast of the Gulf of Thailand, is experiencing a significant rise in travel interest, with both international and domestic searches for accommodation spiking on Agoda.

On Wednesday, the digital travel platform reported a 26% increase in international searches and an 8% increase in domestic searches for Koh Samui in June compared to the same period last year. This surge coincides with the excitement surrounding the upcoming third season of the popular HBO series, “The White Lotus”, which is being filmed on the island. Continued …

Revisiting Thailand’s Tasty Hideouts

Well, here I am again, back in Bangkok, sitting on the same old wobbly plastic stool, outside the same old Chinatown food shop, eating the same old oyster omelet. But there’s nothing everyday about this particular dish.

Nai Mong Hoi Thod may look like little more than a white-tiled hole in the wall, with a few tables and a fearsome charcoal wok that sizzles and sparks and roars. But appearances can be deceiving. Michelin has designated the restaurant as Bib Gourmand, and its famous omelet — golden, gooey, and studded with sweet-salty bivalves — is a dish of frazzled majesty. Continued …

Top 5 luxury villas in Phuket and Koh Samui for your next holiday

Ask people to name the most beautiful places in Thailand, and you’ll often hear Phuket and Koh Samui being mentioned. Who would disagree? One is renowned for its bustling nightlife, vibrant culture, and lively beach scene, while the other is famed for its calm waters, lush greenery, and charming rural vibe.

Both are heavens for any holiday goers seeking soft sand and blue oceans for a day of fun in the sun. And what better way to enjoy these beauties than from a luxury villa? That’s why we’ve cherry-picked five luxury villas in Phuket and Koh Samui. Continued …

The uncertain future for Southeast Asia’s great sea nomads

For the past 4,000 years, the Moken people, a Southeast Asian seafaring group, have traveled between Thailand and Myanmar, spending most of their time on boats known as kabang, and relying on the ocean’s bounty for sustenance.

However, the Moken way of life, honed to thrive in harmony with the sea, faces an uncertain future. The present generation may be the last to benefit from the intricate knowledge of tides, constellations and marine life passed down through its oral traditions for centuries. Continued …