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Today’s news: Top Destination for Relocation/Program for expatriates/Parliament in favor of legalizing gambling/Thailand’s Path to Casino Legalization/’Foreigners only’ casinos proposed/Workers Protest As Crane Collapses/Why YouTubers are quitting?/Foreigners behaving badly/Economy: Redeeming features in Thailand’s slow growth/Household debt rises/Opportunities and challenges in lithium industry/New semiconductor fab/Tourism: Chiang Mai Songkran booze and smoking bans/700 speedboats for Songkran/Links: Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Hua Hin train schedule/Market Village bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers

Thailand: A Top Destination for Foreigners Seeking Relocation

Thailand is rapidly emerging as one of the most sought-after destinations for individuals looking to relocate from across the globe. Relocating to Thailand has become increasingly popular for various reasons. The country’s rich cultural heritage, stunning natural landscapes, affordable living costs, and warm tropical climate are just some of the factors contributing to its appeal.

Whether it’s retirees seeking a peaceful retreat in Asia, digital nomads in search of a remote work paradise, or families craving a new adventure, Thailand offers something for everyone. Continued …

Comprehensive orientation program for expatriates April 3-4

The Joint Foreign Chambers of Commerce in Thailand (JFCCT) will conduct the 4th Expatriate Orientation Program (EOP 4), scheduled to take place at Vithes Samosorn Hall, Ministry of Foreign Affairs, April 3-4.

This initiative, a collaboration between the Thailand Foundation and the Ministry of Foreign Affairs, is crafted to enrich the living and working experience of expatriates in Thailand. The program is tailored for a diverse group of international residents, including diplomats, business professionals, experts, and journalists. Continued …

Parliament in favor of legalizing gambling to boost economy

The House of Representatives voted in favor of legalizing gambling, while boosting the nation’s economy. The special commission championing the creation of integrated entertainment complexes unveiled its plan, urging the government to join hands with the private sector.

The commission stressed that public involvement is key, advocating for the legalization of specific gambling forms like Thai boxing to drive this initiative forward. Continued …

Thailand’s Path to Casino Legalization: A Strategic Economic Move

Thailand is on the brink of a significant transformation with its move toward legalizing casinos, a decision that could reshape the country’s economic landscape.

The Thai government is considering a draft bill that, if passed by parliament, would mark a pivotal shift in the nation’s stance on gambling, potentially generating more jobs and state revenue. Continued …

‘Foreigners only’ casinos proposed in Hat Yai

The government has been urged to open the first-ever entertainment-casino complex on Thai soil in Hat Yai to boost tourism, with only foreigners allowed to enter the premises initially.

The suggestion was made by the president of the Hat Yai-Songkhla Hotels Assn. as he voiced support for the opening of such a complex, saying it will boost the economy. Continued …

Workers Protest As Crane Collapses, Killing 7

After hours of negotiation, workers at a construction site in Rayong’s Pluak Daeng district, where a crane collapsed and killed seven people yesterday, have allowed the police and rescue teams to retrieve the bodies of their dead colleagues.

The workers, mostly from Myanmar, opened the site this morning after the firm in charge of the construction agreed to pay compensation of Bt1.6 million to the family of each fatality. Continued …

Dream jobs drown in ‘Red Ocean’: Why YouTubers are quitting

Prominent YouTubers have recently left the social media platform, while many others are considering cutting down on their video uploads. It’s a trend that is growing globally, and Thailand is no exception.

Among the most popular videos on YouTube are those about the creators leaving the platform, with most of them getting a lot of views. Things are not so different in Thailand, where a lot of established YouTubers of various genres, such as Momm Tanad Dak (4.79 million subscribers) and Bearhug (4.79 subscribers), have announced their decision to leave the platform after 10 years. Continued …

Rabid Russian assaults police team in Phuket – Continued …
South Korean and Taiwanese arrested on fraud charges – Continued …
International scammers caught in massive call-center bust – Continued …
Thai police seize 20 kg of meth from Chinese nationals in Bangkok – Continued …

Email link: kenbrown@businessclassasia.com

Service sector, tourism redeeming features in Thailand’s slow growth

The Thai economy expanded at a slow pace in February, but the performance of the service sector, which saw a large improvement in both the number of tourists and tourism revenue, was a silver lining. The Bank of Thailand (BOT) released its monthly economic outlook on Friday.

The central bank said private investment and manufacturing production also improved in some sectors, while private consumption remained stable. However, the value of merchandise exports, excluding gold, declined from the previous month by 2.9%, as exports of several industries remained sluggish. This is a result of a subdued recovery in global demand, a high level of inventory, as well as Thailand’s structural factors, the BOT said. Continued …

Household debt rises to 91.3% of GDP

The ratio of household debt to gross domestic product in Thailand rose slightly to 91.3% at the end of 2023 from 91% in September, the Bank of Thailand said on Friday, as the economy slowed.

The amount of debt was 16.4 trillion baht, versus 16.2 trillion baht at the end of the previous quarter, the central bank said in its monthly economic update. Continued …

Thailand faces opportunities and challenges in the lithium industry

Thailand has discovered lithium resources but faces challenges such as low financial returns, environmental concerns, and competition in the APAC market. Government support and financial incentives may make lithium mining in Thailand more attractive.

Australia is the top producer of lithium mines in the Asia-Pacific market and is making advancements in the processing industry. Meanwhile, Indonesia is aiming to become a hub for electric vehicle production by leading in lithium processing and partnering with companies in lithium resources, battery, and car manufacturing. Indonesia also highlights its nickel and cobalt mineral resources, which are important for battery production alongside lithium. Continued …

Sony Group starts operations at a new semiconductor fab in Thailand

Sony Group has started operations at a new semiconductor fab in Thailand to boost production of automotive image sensors for driver-assistance systems.

The new fab in Pathum Thani province will create 2,000 new jobs, with 20% being engineers, by 2026 and has space for future expansion to meet growing demand. Continued …

Chiang Mai expands Songkran booze and smoking bans

Chiang Mai will prohibit the sale and consumption of alcohol, as well as smoking, in many public areas, including those around the city’s moat, during the extended Songkran festival next month.

The restrictions would be in place from April 1-21, said Nirat Phongsitthithawon, the provincial governor and chairman of a city committee on alcoholic beverage and tobacco product control. Continued …

Pattaya Port Authority prepares 700 speedboats for Songkran

As the Songkran Festival looms closer, the Pattaya Port Authority is preparing for an influx of travelers with an initiative to ensure safety and convenience. From April 11 to 17, they are set to facilitate seamless water travel between Koh Larn and Pattaya.

To cater to the needs of both locals and tourists, the authority has orchestrated a fleet comprising 60 passenger boats and 700 speedboats. Their ambitious setup aims to handle at least 20,000 travelers daily. Continued …