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Today’s news: Rama II Road upgrades/Hua Hin tourism flourishes/Electricity tariffs to remain unchanged/Wise and Revolut’s key features/New attacks on booze labels/Managing a graying population/War on online scams/Economy: Thailand on track for recovery/Consumer confidence hits 47-month high/New minimum wage calculation/Financial experts champion green technologies/Thai veggie market sprouts/Decoding payments in Asia Pacific/Bangkok Gems and Jewelry Fair/India to urged to invest in land bridge/Shopping trends in Thailand/Thailand Medical Cannabis Market/Tourism: Tackling Suvarnabhumi Airport queues/Thailand’s ‘Travel Ivory Free’/Hong Kong Express to Bangkok/Environment: Calm down about plastics/Most exposed to climate change/Thai forest area in decline/Coral and sharks back in Maya/International news/Links: 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

Rama II Road upgrades will be completed in 2025, government says

There is an end in sight to the ongoing construction of the main route between Bangkok and the south of Thailand. The Department of Highways has confirmed that the long-awaited upgrades to Rama II Road, a key artery to Thailand’s southern region, are set to be completed by 2025.

The Department of Highways (DOH) and the Expressway Authority of Thailand (EXAT) recently moved to address some of the challenges brought about by the extensive construction work on the road, which is one of the main routes to Cha Am and Hua Hin. Continued …

Hua Hin tourism flourishes amid complaints of high room rates

TAT officials were deployed to monitor the tourist situation in Hua Hin following reports on social media claiming a decline in visitor numbers. Contrary to these rumors, during the recent three-day Makha Bucha holiday, both Thai and international tourists were seen flocking to the beach in large numbers, indicating a bustling atmosphere.

Statistics on tourist numbers and tourism revenue for Prachuap Khiri Khan Province also show a continuous upward trend, according to the office. In 2023, the area recorded its highest tourism revenue in the central region, with a total of 11.14 million visitors generating 44 billion baht in tourism income. Continued …

Household electricity tariffs to remain unchanged until August

Energy Minister Pirapan Salirathavibhaga has affirmed that electricity tariffs for households in Thailand will remain unchanged from May to August, maintaining the current rate of 4.18 baht per unit.

Pirapan, also serving as a deputy prime minister, explained that this decision has been made possible due to the continuation of gas production in the Gulf of Thailand by PTT Exploration and Production (PTTEP). Continued …

A closer look at Wise and Revolut’s key features, and where they excel

Much discussions is going on online regarding regular bank alternatives. Let’s take a closer look at Wise and Revolut’s key features, and where they excel. Continued …

New attacks on booze label push

Producers of alcoholic beverages and business operators in the tourism sector are stepping up their fight against the government’s plan to introduce a regulation regarding graphic health warnings against alcohol.

They said the regulation would hurt their businesses and run counter to the government’s policy to promote soft power. Continued …

Thailand faces five main challenges in managing its graying population

An aging society poses five main challenges to Thailand, namely in relation to the economy, society, health, environment and technology, the Department of Older Persons’s Director-general Ramrung Worawat said on Wednesday.

Ramrung’s remarks came as Thailand entered an aging society with 13.2 million people aged above 60 years in January this year, accounting for 20% of the total population. The elderly population is expected to reach 31%, or one-third of the total population, in 2040. Continued …

War on online scams: Nearly 40,000 fraudulent accounts frozen

Since its establishment on Nov. 1 last year, the Anti-Online Scam Operation Center has waged a battle against cyber fraud, culminating in the freezing of 39,918 bank accounts, revealed Digital Economy and Society Minister Prasert Chantararuangthong.

Prasert disclosed that this drastic action was prompted by a deluge of 307,515 complaints received by AOC as of January’s conclusion. Continued …

January’s economic data shows Thailand on track for recovery

Thailand’s economic figures in January showed signs of recovery, with a rebound evident in tourism, consumption and exports, though private investments have slowed down, the Fiscal Policy Office said.

Pornchai Theeravet, FPO director-general, said on Wednesday that several economic figures, especially exports that expanded for six consecutive months, showed signs of improvement for the country. He added that Thailand showed signs of economic stability in January, which was reflected in the headline inflation rate of 1.11%, while the core inflation rate was 0.52%. Continued …

Consumer confidence hits 47-month high

Consumer confidence rose in January to the highest level in 47 months, propped up by the economic recovery, says Fiscal Policy Office (FPO) Director-general Pornchai Thiraveja.

The consumer confidence index rose for a sixth consecutive month to hit 62.9, up from 62.0 in December, Pornchai said. He said domestic consumption has improved, reflected by passenger car sales rising 2.4% year-on-year and 9.4% month-on-month after removing seasonal effects. Continued …

10 regions of Thailand to use new minimum wage calculation

The tripartite Wage Committee has given the green light, by a close vote of 7 to 5, to a new method for setting minimum wages. Ten key regions, including the bustling metropolis of Bangkok, are set to pioneer this transformative change from April onward.

The freshly endorsed formula marks a paradigm shift, incorporating elements such as labor productivity, contribution to production, inflation rates, and economic conditions into its calculation. Labor Permanent Secretary Pairoj Chotikasathien announced the bold move yesterday, asserting that it’s a pivotal step toward ensuring fair compensation across the board. Continued …

Financial experts champion green technologies for Thailand’s sustainable growth

Concrete green practices with proper technology and credible verification will be major game changers that could propel Thailand to becoming a top sustainable economy, say experts from Kasikorn and Lombard Odier.

Speaking on Tuesday, a day ahead of its special forum titled “Rethink Sustainability Strategy: Navigating Investment Opportunities Toward a Sustainable Future”, Hubert Keller from Lombard Odier said most countries have demonstrated a fundamental shift toward net zero. Continued …

Thai veggie market sprouts into billion-baht industry

In a culinary revolution, plant-based food companies are urged to overhaul taste, slash prices, and boost health benefits. Will this signal a paradigm shift in global dining habits?

The Thai plant-based food market, once a niche, is now a burgeoning industry worth billions. By 2024, it’s expected to skyrocket to 45 billion baht, according to Statista, a German online platform that specializes in data gathering and visualization. Continued …

Decoding payments in Asia Pacific for 2024

Asia Pacific’s payments ecosystem has undergone dramatic changes in the past decade. New technologies have emerged to digitize a traditionally cash-led landscape and rewrite how consumers expect to pay and be paid.

Fast-evolving consumer expectations have also fed the rise of more flexible forms of digital payments and consumption, including subscription platforms, online and social commerce, and on-demand financial services. Continued …

Bangkok Gems and Jewelry Fair exceeds expectations

The Department of International Trade Promotion (DITP) and the Gem and Jewelry Institute of Thailand, or GIT, have revealed the results of the Bangkok Gems and Jewelry Fair, held Feb. 21-25 at the Queen Sirikit National Convention Center.

Phusit Ratanakul Sereroengrit, director-general of DITP, stated that, “The outcome of the 69th Bangkok Gems and Jewelry Fair surpassed expectations. Total expected orders over the five days exceeded 3.7 billion baht, marking a 12 % increase over our target. Over 1,125 leading exhibitors from both domestic and international origins participated, and occupied 2,483 booths. The event attracted nearly 40,000 visitors, including international visitors from 112 countries. Continued …

India urged to invest in land bridge project

Investment in the government’s land bridge mega project and waiving the visa requirement for Thais visiting India were among the topics up for discussion during Foreign Minister Parnpree Bahiddha-nukara’s official visit to India.

Parnpree said that mutual investment opportunities were discussed during the meeting of the Thailand-India joint committee on economy and commerce, with both sides looking to increase trade and investment value to US$35 billion (1.25 trillion baht) by 2027. Continued …

TikTok reveals shopping trends in Thailand

Thai consumers are more influenced by platforms and communities, as their shopping behavior evolves based on content, according to recent research conducted by TikTok and Accenture.

“Shoppertainment” is expected to dominate a large portion of the e-commerce market in Thailand and Asia-Pacific, reflecting the trend of merging entertainment with online shopping. Continued …

Thailand Medical Cannabis Market: Valuation of US$6,328 million by 2032

According to IMARC Group, the Thailand medical cannabis market size reached US$187.1 million in 2023. Looking forward, IMARC Group expects the market to reach US$6,328.2 million by 2032, exhibiting a growth rate (CAGR) of 46.4% during 2024-2032.

The report has segmented the market by cultivated species (indica, sativa, hybrid), derivatives (cannabidiol/CBD), tetrahydrocannabinol/THC), and others), application areas (cancer, arthritis, migraine, epilepsy, and others), end-use (pharmaceuticals, research and development centers, and others), route of administration (oral solutions and capsules, vaporizers, topicals, and others). Continued …

AOT and immigration unite to tackle Suvarnabhumi Airport queues

Airports of Thailand (AOT) and Immigration Division 2 are joining hands to tackle a pressing issue at Suvarnabhumi Airport: inordinately long passenger queues. The urgency to address this problem was triggered by the concerns raised by Prime Minister Srettha Thavisin about the prolonged processing times at the airport.

AOT President Kerati Kijmanawat and Immigration Division 2’s Police Major Gen. Choengron Rimpadee conducted a subsequent inspection to assess the situation. Their findings revealed that during peak hours, the airport was juggling between 5,000 to 6,000 passengers per hour. Consequently, immigration procedures were taking up to 1 hour and 30 minutes, a duration that is unacceptable by any standard. Continued …

Thailand’s ‘Travel Ivory Free’ promotes Elephant-Friendly Tourism

The Tourism Authority of Thailand (TAT) has maintained its unwavering support for the World Wide Fund for Nature (WWF) Thailand and its “Travel Ivory Free” campaign, which encourages travelers to conduct responsible travel by not purchasing ivory items.

WWF Thailand recently unveiled a campaign highlighting its ongoing efforts to change tourist purchasing habits and end the illegal ivory market. The event was attended by a large number of travel industry stakeholders and international organizations, all of whom had a common goal of raising awareness and advocating for sustainable tourism practices. Continued …

Hong Kong Express launches ultra-cheap route to Bangkok

Hong Kong Express announced its latest venture: a new route from Hong Kong to Bangkok’s Don Mueang International Airport (DMK), scheduled to take flight on April 25.

Confirming the development, the airline revealed that the daily service will complement its existing flights to Bangkok’s Suvarnabhumi Airport, along with popular destinations like Phuket in southern Thailand and Chiang Mai. Continued …

Time to calm down about plastics

How to deal with the waste generated by the half-billion metric tons of plastic manufactured each year? One approach is to consume fewer polymers, recycle them more, and stop the rest from getting into the natural environment.

Another is to declare the whole process a scam and hope the problem will somehow go away of its own accord. Faced with a seemingly intractable dilemma, the latter approach is tempting. Fixing things is hard; assigning blame far easier. Such a strategy is unlikely to change much, however. Continued …

Thailand ranks as third country most exposed to climate change economic losses

While flood risk is projected to intensify globally, the main driver of major weather-related economic losses in Southeast Asia, are tropical cyclones, according to data from the Swiss Re Institute.

These are just the lower bound of potential economic losses, as the study does not cover all weather perils (e.g., heatwaves) and account for property losses only. And, as changing climates fuel weather-event intensity, loss potential will likely rise. These are the top 10 countries most exposed to four weather perils:

Rank	Country	Annual economic loss (% of GDP)
1	Philippines	3.00%
2	US	0.38%
3	Thailand	0.36%
4	Austria	0.25%
5	China	0.22%
6	Taiwan	0.21%
7	India	0.20%
8	Australia	0.19%
9	Switzerland	0.19%
10	Japan	0.18%

Thai forest area in decline, matching world trend

The world’s total forest areas have shrunk by nearly 20 million square kilometres in the past three decades, from 42.03 million sq.km. reported in 1992, to 40.44 million sq.km. in 2021, according to World Bank data, which was last updated in October 2023.

Thailand, meanwhile, does not make the World Bank’s top 10, or even top 20 list of the largest share of world forests. Data from the Royal Forest Department indicates that the kingdom had a total forest area of 162,909 sq.km. in 2023, a figure that has gradually dropped in recent years. Continued …

Coral and sharks back in Maya as scientists, locals restore ecosystem

Internationally famous Maya Bay saw 1.73 million visitors in 2016 and the National Park raked in about 561 million baht that year. But in 2018, when COVID hit, the Thai government saw a chance to restore the heavily used beach to its former glory.

The closure aimed to allow the damaged coral reefs and marine life to recover. Then, after COVID, the government reopened Maya Bay but with strict regulations in place to protect its natural resources. They continue to close the beach of Maya Bay every year for two months to assist with the environmental protection. Continued …

Google stops AI from creating human images

Images showing people of color in German military uniforms from World War II that were created with Google’s Gemini chatbot have amplified concerns that artificial intelligence (AI) could add to the internet’s already vast pools of misinformation as the technology struggles with issues around race. Continued …

China’s red-hot solar market overheating

China’s solar capacity growth could slow in 2024 to 31%, a solar manufacturing association said on Wednesday, after a record 55% increase last year, as the industry struggles with renewable power overcapacity and curtailment. Continued …