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Hua Hin to sterilize 150 monkeys/Hua Hin Olympic kite surfers/Motorcycle crash in Cha Am/American father reunites with Thai daughter/Solar Panel Installation Costs/Minister stifles info on blackchin tilapia/Monk donates lottery win/Wild elephant electrocuted/Hidden costs of fashion/Thai police seize vaping products/Foreigners behaving badly/Economy: Baht faces volatility/Investor confidence index bearish/Inflation up in July/Poll paints glum picture/Wary eye on world/Exports expected to grow 1%-2%/Hyundai to invest $28M/Tesla Cancels EV Factory/Rail freight business prospering/Waste into valuable resources/Tourism: The New Chinese Tourism Market/Budget for tourism promotion/Tourists rescued from flooded cave/Thailand Experience: Rice terraces inspiring flood control/International/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 to sterilize 150 monkeys

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Hua Hin Olympic kite surfers wait on wind

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Motorcycle crash in Cha Am kills elderly man, injures woman

An accident occurred when a young woman riding her motorcycle against traffic collided with another motorcycle, resulting in the death of the other rider. The incident left the victim’s family grieving at the scene.

Yesterday, Police Lt, Kancha Klao Viriyadechawat, an investigator at Cha Am Police Station, received a report of a motorcycle collision on Phetkasem Road, inbound to Bangkok, in the Huay Sai Tai community of Cha Am municipality. Rescue teams from Cha Am Hospital and Sawang Sanphet Rescue Unit rushed to the scene. Continued …

American father reunites with Thai daughter after 48 years apart

A 72-year-old American man traveled across the globe to reunite with his Thai daughter after being separated for 48 years. With assistance from a friend with a Thai wife and a renowned hotel owner in Nang Rong, Buriram, the father and daughter finally met, embracing each other with tears of joy.

Terry Howley and 49-year-old Kanjana Milkewicz, from Yai Yam Watthana, Chaloem Phra Kiat district, Buriram, had been separated for nearly five decades. Despite the long separation, both father and daughter never gave up hope of finding each other. Continued …

Solar Panel Installation Costs in Thailand

Installing solar panels in Thailand in 2024 is a smart and worthwhile investment. With long-term benefits such as reduced electricity bills and increased government support, this green energy solution is gaining popularity.

Technological advancements have also made solar panel installations more efficient and cost-effective. The keyword “ราคาติดตั้งโซล่าเซลล์”, or solar panel installation costs, is crucial for those considering this eco-friendly upgrade. Continued …

Minister stifles info on blackchin tilapia

Agriculture and Cooperatives Minister Thamanat Prompow has cautioned the Department of Fisheries not to release further information about the controversial blackchin tilapia fish issue, saying it has become a legal matter under court consideration.

Thamanat said the ministry would not release any information to the public, including its investigation results, until legal procedures being carried out by the Supreme Administrative Court were complete. Continued …

Nakhon Phanom monk donates 18 million baht lottery win

A monk’s extraordinary luck has become the talk of the town in Nakhon Phanom province after winning a lottery jackpot of 18 million baht, generously distributing his winnings to the needy and local temples.

After a ceremony at Wat Phra That Phanom, Phra Khru Kai announced his lottery win, revealing he had won first prize with ticket number 061905. The windfall, amounting to 18 million baht, was entirely donated to the underprivileged and temples within That Phanom district within just one week. Continued …

Wild elephant found dead from electrocution in Ranong sanctuary

A wild elephant was found dead from electrocution at the radar hill in the Thungraya-Nasak Wildlife Sanctuary in Ranong province. The elephant, believed to have pulled down a tree that fell on high-voltage power lines, was discovered by local government officials who are now working to protect the remaining five elephants in the area.

Chawakun Sithisak, deputy inspector of Muang Chumphon Police Station, and Thana Thongsamui, head of the wild elephant surveillance team at Namtok Ngao National Park, along with officials from the Thung Raya-Nasak Wildlife Sanctuary and veterinarian Piya Serirak from the Office of Conservation Area Management 4, inspected the site Monday. Continued …

The hidden costs of fashion

When Thammika Songkaeo, a co-founder of the Singapore-based company Two Glasses, saw people around her with big boxes of clothes for donation, she wondered, who wanted used clothes?

“I lived in many places, including Africa, India, Thailand and Singapore. People in these places did not lack clothing. Many people have too many clothes and they try to solve the problem by donating without thinking what happens afterwards,” Thammika, who is based in Singapore, said. Continued …

Thai police seize 5 million baht worth of vaping products in Bangkok

Thai police dismantled a major online vaping operation, seizing over 24,000 items from a townhouse in Din Daeng, Bangkok. Officers described it as the largest bust of its kind this year.

The raid, conducted yesterday, was led by high-ranking officials, including Nirandon Lueamsri, deputy commissioner of police, and Thanakrit Jittareerat, assistant to the minister of Public Health. They announced the arrest of individuals involved in the illegal sale of electronic cigarettes via online platforms. Continued …

Kuwaiti Man Crashes into Thai Riders in Motorcycle Accident

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Baht faces volatility with US under pressure to cut rates

The baht is expected to experience higher volatility and a weaker trend this week, pressured by uncertainties surrounding the U.S. dollar and the Federal Reserve’s monetary policy direction. The Bank of Ayudhya (Krungsri) forecasts the baht will move in a range of 35-35.75 baht per dollar this week.

The key factors influencing the baht’s movement are the depreciation and volatility of the dollar, which are driven by updated U.S. economic data and the monetary policy direction of the U.S. Federal Reserve. Continued …

Investor confidence index turns bearish in July

The Federation of Thai Capital Market Organizations’s (FETCO) Investor Confidence Index (ICI) retreated to the bearish zone last month, dragged down by concerns over intensified geopolitical conflicts, the direction of the Federal Reserve (Fed) and Thailand’s slowing economy.

Chairman Kobsak Pootrakool revealed that the ICI for July, which anticipates market conditions over the next three months, was 60.40, entering the bearish zone. Continued …

Inflation up in July, above forecast

Thailand’s headline consumer price index (CPI) rose 0.83% in July from a year earlier, after the previous month’s annual increase of 0.62%, the Commerce Ministry said on Wednesday.

The July figure compared with a forecast increase of 0.70% in a Reuters poll, and remained below the Bank of Thailand’s (BoT) target range of 1% to 3%. Continued …

Federation of Thai Industries poll paints glum picture of second half

Most executives under the Federation of Thai Industries (FTI) say the economy during the second half will not improve much, with GDP growth likely to be less than 2% for the whole year, despite the state’s efforts to speed up budget spending, according the latest FTI survey.

“Up to 39.3% of 143 executives interviewed believe business performance and sales will remain unchanged in the second half of 2024,” said ML Peekthong Thongyai, vice chairman of the FTI. Continued …

Thailand casts a wary eye on world

The Thai government is closely monitoring U.S. economic prospects and the potential for a global recession, while also stepping up its plans to mitigate the impact on exports.

According to Commerce Minister Phumtham Wechayachai, the Commerce Ministry has been continuously monitoring economic prospects in the U.S., which are raising concerns about the risk of entering a recession, causing global market apprehension and significant downturns. Continued …

Exports expected to grow 1%-2%

The Thai National Shippers’ Council (TNSC) expects the value of exports to expand by 1%-2% this year.

However, the TNSC is cautious about numerous unpredictable factors in the second half, including geopolitical conflicts in Europe and the Middle East, the trade war between the U.S. and China, the U.S. presidential election, the U.S. labor movement, and higher freight and surcharge costs. Continued …

Hyundai to invest $28M in Thailand for EV assembly, batteries

South Korean auto maker Hyundai Motor Co. will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, the country’s Board of Investment (BOI) said on Wednesday.

Thailand’s booming EV sector is currently dominated by Chinese carmakers, including BYD (Build Your Dreams) and Great Wall Motors, which are using the country as a manufacturing base for exporting vehicles across Southeast Asia. Continued …

Tesla Cancels Plan for EV Factory in Thailand

Electric vehicle giant Tesla has scrapped its plans to establish a manufacturing plant in Thailand. This development comes as part of a broader strategic shift impacting their global expansion plans outside of key hubs in China, the U.S., and Germany.

Prime Minister Srettha Thavisin had announced Tesla’s intended investment of over $5 billion to make Thailand a hub for its EV manufacturing. The announcement followed several high-level meetings between Tesla executives and Thai officials, both in Thailand and the United States. Continued …

LEO sees rail freight business prospering

Rail freight between China and Thailand offers potential for growth, driven by the increasing number of Chinese firms opening factories in Thailand, according to MAI-listed LEO Global Logistics.

“As more and more Chinese companies open a factory in Thailand, this will benefit our rail freight business,” said Kettivit Sittisoontornwong, chief executive of LEO Global Logistics. Continued …

Email link – kenbrown@businessclassasia.com

UPCYDE turns waste into valuable resources

Mild Karoon-ngampun graduated from INDA, the International Program in Design and Architecture at the Faculty of Architecture, Chulalongkorn University, and has worked as a landscape architect. During the Covid-19 pandemic, Mild turned to help her family business, a manufacturer for famous local and global shoes brands for more than 60 years.

As a third-generation member, Mild made a big change, transforming wastes into valuable products. She founded UPCYDE, a name that embodies science, design, and upcycling. It represents commitment to combining innovative scientific approaches with creative design thinking to upcycle waste into valuable resources. Continued …

Opportunities for Thailand in the New Chinese Tourism Market

The revival of Chinese tourism continues to be a central concern for Thailand’s tourism sector. As the number of Chinese tourists visiting Thailand steadily increases, the scale of this resurgence is keenly observed by Thai tourism authorities, especially after the slight recovery observed in 2023, the first year since the country’s reopening.

In 2024, Chinese outbound tourism saw positive signs of recovery, with Thailand remaining the primary destination for Chinese tourists. Chinese tourists reclaimed the top position in terms of numbers visiting Thailand. However, the recovery trend for Chinese tourists traveling to Thailand still faces risks from various factors such as China’s economy, real estate, geopolitics, and competition from other countries like Japan, South Korea, and Vietnam. Continued …

Cabinet okays Bt433 million budget for tourism promotion

The cabinet has approved a budget of 433 million baht for the Ministry of Tourism and Sports to promote tourism during the low season through online promotions and events.

The Tourism Authority of Thailand (TAT) also hopes to increase domestic tourism revenue by as much as 20% to 1.2 trillion baht this year to mitigate the risk from over-dependence on international markets. Continued …

Tourists rescued from flooded cave, guide drowned

A tour guide drowned when a flash flood swept into Nam Talu cave in Khao Sok National Park as a group of tourists was leaving it on Tuesday evening. The 22 foreign tourists and a second guide had a lucky escape from the torrent, and without serious injury.

The cave, next to the Rajjaprabha dam reservoir in Phanom district, is closed to the public from June to November each year, the wet season, because of the danger of flooding. Continued …

How Asia’s 5,000-year-old rice terraces are inspiring modern flood control

One of Kotchakorn Voraakhom’s most memorable moments growing up in Bangkok in the 1980s was playing in floodwaters in a small boat built by her father in front of her home. “I was so happy that I didn’t need to go to school because we didn’t know how to get to it,” recalls Voraakhom, a landscape architect based in the Thai capital.

But nearly 30 years later, flooding turned from a fun childhood recollection to a devastating experience. In 2011, Voraakhom and her family – along with millions of others in Bangkok – found themselves “displaced and homeless” when floods ploughed through swathes of Thailand and poured into the metropolis. Continued …

Most Asian markets revive after global selloff

Japanese equities powered higher on Tuesday, leading a global rebound as they retraced some of the losses sustained in a rout on Monday that erased billions across markets from New York to London. Continued …

Kamala Harris Is Now Democratic Presidential Nominee, Will Face off Against Donald Trump

U.S. Vice President Kamala Harris, a daughter of immigrants who rose through the California political and law enforcement ranks to become the first female vice president in U.S. history, formally secured the Democratic presidential nomination on Monday — becoming the first woman of color to lead a major party ticket. Continued …