Tag Archives: thailand stock exchange

Monday’s news-Dec 30


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New Year festivities/Jimmy Carter has died/Hua Hin hotels report 95%+ bookings/PKK records 9.5 million tourists/Hua Hin Blues Fest/Tariff on wine imports eliminated/Police pickup truck crashes in Cha Am/93 Dead, 575 Injured in Road Crashes/Cost to see a doctor/South Korean jet crash/Heavy rain hits south/Elephant Ravages Local Farms/ECONOMY: Five megatrends for 2025/Bill short on benefits, big on casinos/Outlook for Thai agriculture/Thailand Joins BRICS/Tough year for the Thai stock exchange/TOURISM: 35+ million visitors/Hotel Fire Leaves 3 Tourists Dead/Japanese Tourist Stabbed to Death/Tourist boat capsizes off Koh Phangan/Tour Bus Crashes/Rain wreaks havoc in Surat Thani/Gridlock crisis: in Phuket/Airports offer free parking/Take care of own waste/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

Jimmy Carter, 39th US president and noted humanitarian, has died

Former President Jimmy Carter, honored more widely for his humanitarian work around the globe after his presidency than for his White House tenure during a tumultuous time, has died. He was 100.

Carter died Sunday in his hometown of Plains, Georgia. In November 2023, the Nobel Peace Prize-winner’s wife of 77 years, Rosalynn, also passed away in the modest house they built together in 1961, when he had taken over his father’s peanut warehouse business and was only beginning to consider a political career. Continued …

Hua Hin hotels report 95%+ bookings for New Year’s

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PKK records 9.5 million tourists Jan-Oct

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Hua Hin Blues Fest Jan 18

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54% tariff on wine imports eliminated ‘indefinitely’

Thailand is cutting alcohol taxes and tariffs in a bid to lower the cost of a night out and attract more tourists. A 54% tariff on wine imports will be “exempted indefinitely”, according to local media accounts of a Thai cabinet meeting, while excise duties on locally produced wine will be cut to 10% or below.

The measure is designed not only to expand the budding domestic industry, but also to add to supplies of less-expensive alcohol. The government had in recent years increased tariffs on wine in a bid to raise revenues. But in the wake of the Covid pandemic and border closures, the focus has changed to reviving the tourism industry. Continued …

Police pickup truck crashes into lamp post in Cha Am

A police pickup truck crashed into a lamp post, snapping it in two, resulting in injuries to a police lieutenant colonel and two passengers. The incident occurred on a roadside in Cha Am.

The pickup truck reportedly lost control and crashed into a roadside lamp post along Petchkasem Road heading south, at the 204+100 kilometer mark. The accident left the vehicle severely damaged, and emergency responders from Sawang Sanpheth Rescue and Cha Am Highway Rescue, along with EMS personnel from Cha Am Hospital, were dispatched to the scene. Continued …

93 Dead, 575 Injured in Two Days of New Year Road Crashes

A total of 93 fatalities and 575 injuries have been reported across Thailand over the first two days of the New Year’s holiday period, according to the Department of Disaster Prevention and Mitigation (DDPM).

On Dec. 28, the second day of the 10-day safety campaign, there were 269 road crashes resulting in 257 injuries and 38 deaths. The primary cause of accidents was speeding, accounting for 38.3% of incidents, followed by poor visibility (21.6%) and sudden lane changes (19.3%). Continued …

How much does it cost to see a doctor in Thailand?

Thailand is known for its high-quality, yet affordable, healthcare system, but how much does it really cost to see a doctor? As an expat, this question might be crucial for budgeting your health needs. The answer depends on whether you have health insurance or not, and the difference can be significant.

Let’s explore the costs, compare insured versus uninsured expenses, and discuss why now is the perfect time to secure health insurance before 2025. Continued …

Email link: sivanavillas@gmail.com

Two Thais among 176 dead in South Korean jet crash

At least 176 people have been confirmed dead after a Jeju Air passenger jet carrying 181 people crash-landed and exploded at Muan International Airport in South Korea.

The tragic accident, which occurred on Sunday morning, is one of the deadliest aviation disasters in the country’s history. Three persons are still listed as missing. Among the 175 passengers were two Thai nationals. Continued …

Cold air from China chills Thailand, heavy rain hits south

Cold air masses from China have draped over Thailand’s upper regions, bringing a chill to the air and a drop in temperatures ranging from cool to cold, especially in the mountainous areas. The Thai Meteorological Department (TMD) forecasts that these conditions are expected to persist, impacting various regions differently.

The northern and northeastern parts of the country are experiencing cold weather, with temperatures on mountain tops dropping to frigid levels. Citizens in these areas are advised to take health precautions against the cold and be wary of potential fires due to the dry air. Continued …

Wild Elephant in Musth Ravages Local Farms in Prachinburi

Residents in Prachinburi’s Na Di District are living in fear after a wild elephant in musth from Thap Lan National Park entered their farms, causing extensive damage to crops. The incident marks the third time this month the elephant has raided local farmland.

Reports indicate that the elephant entered a farm in Moo 6, Thung Pho subdistrict, at 1:25 am yesterday . Witnesses described the adult male elephant, approximately 25-centimeter long tusks and visibly in musth, with oily secretions from its temporal glands. Continued …

Five megatrends for 2025

2025 is just around the corner and everyone is looking for clues about the prospects for the global and domestic economies in the coming year. With Donald Trump set to return to the White House on Jan. 20, the U.S. factors seem difficult to predict given the personality of the president-elect billionaire we all learned from his first term.

Something the world can expect, however, is growing U.S. protectionism, through the proposed import tax hike Trump has clearly announced; countermeasures from the targeted countries, notably China, would put the global economy on the verge of turmoil. Here are five megatrends for 2025 from experts about their potential development in the year to come. Continued …

Entertainment complex bill said short on benefits, big on casinos

The bill that would set up entertainment complexes focuses more on having casinos rather than providing clarity about how the country will benefit from the revenue, the Stop Gambling Foundation says. It has slammed the bill, which the Finance Ministry plans to present to cabinet next month.

Thanakorn Komkrit, secretary-general of the foundation, on Saturday expressed concerns about the bill’s details, which “diverge significantly” from the initial Singapore model of opening a regulated entertainment complex business. Continued …

Outlook for Thai agricultural products

The Office of Agricultural Economics (OAE) has analyzed the outlook for Thai agricultural products in 2025. While several products show positive trends, others remain a concern.

Chantanon Wannakejohn, secretary-general of the OAE, said the GDP for the agricultural sector in 2025 is projected to grow by 1.8%-2.8%, valued between 698.55 billion and 705.41 billion baht. Key supporting factors include increased rainfall from the La Niña phenomenon, expected to persist until February. This will benefit dry-season crop cultivation, ensuring sufficient water for crop growth and subsequent planting cycles. Continued …

Thailand Agrees to Join BRICS

Thailand has formally accepted an invitation from Russia to become a BRICS partner state. The BRICS group, which includes key global players like Russia, China, India, and Brazil, serves as a coalition of emerging economies that positions itself as an alternative to Western-dominated frameworks.

The official invitation to Thailand was extended on Oct. 31, 2023, coinciding with Russia’s impending chairmanship of the group in 2024. Continued …

Scandals and slumping market: A tough year for the Thai stock exchange

The Stock Exchange of Thailand (SET) faced one of its most challenging years in recent memory in 2024. Compared to other markets in Asia and ASEAN, the SET has struggled, with performance indicators lagging behind its regional counterparts. The Thai market’s outlook in 2024 has been marred by a series of high-profile financial scandals, leading to a substantial loss of investor confidence and market instability.

Throughout the year, the SET has seen a downturn in performance. Market indices have underperformed, and trading volumes have decreased, reflecting a broader lack of investor confidence. Continued …

Thailand welcomes 35+ million visitors in 2024

The Tourism Authority of Thailand (TAT) has announced that international tourist arrivals have surpassed the target of 35 million visitors in 2024, generating over 1.8 trillion baht in tourism revenue.

This achievement highlights Thailand’s strong tourism rebound and sets the foundation for an even greater year ahead, as 2025 has been declared the “Amazing Thailand Grand Tourism and Sports Year”. Continued …

Hotel Fire Near Khao San Road Leaves 3 Tourists Dead, Many Rescued From Roof

A fire at The Amber Hotel on Tani Road, near Bangkok’s popular Khao San Road, has claimed three lives and left several others injured. The incident has prompted Bangkok Gov. Chadchart Sittipunt to order the temporary closure of the hotel to ensure the building meets safety standards.

The fire, which occurred last night, broke out on the fifth floor of the six-story hotel. Initial reports confirmed one fatality, but the death toll later rose to three as two victims succumbed to their injuries in hospital. Continued …

Stabbing Incident in Pattaya Leaves Japanese Tourist Dead

A violent altercation testerday resulted in the fatal stabbing of a 27- year-old Japanese man. The victim succumbed to his injuries despite resuscitation efforts.

Upon arrival, the vistim was found lying in a pool of blood with a severe stab wound to his chest. Bystanders were attempting to revive him as rescue workers administered first aid and performed CPR. The victim was immediately transported to a nearby hospital, where he later passed away. Continued …

Tourist boat capsizes off Koh Phangan, Korean national missing

A long-tail boat carrying passengers from Koh Phangan capsized after being struck by massive waves, leaving 13 passengers adrift in the sea and one Korean national missing.

The incident, which occurred yesterday, has raised serious concerns about safety regulations, as it was revealed that the boat’s captain was under the influence of drugs, and none of the passengers were wearing life jackets. The boat was carrying a total of 13 people, including 10 passengers and three crew members. Continued …

Tour Bus Crashes into Lorry: 17 Injured as Driver Admits to Picking Up Mobile Phone

A tourist bus carrying 43 international passengers collided with a lorry transporting rubber sheets on the Asia Highway 41 in Chumphon province early this morning, leaving 17 injured. The incident occurred at near the Wat Phangun curve in Sawi district.

According to police reports, the double-decker bus, which was chartered to transport foreign tourists from Bangkok’s Khaosan Road to Surat Thani, crashed into the lorry when the 71-year-old Thai driver admitted to bending down to retrieve his mobile phone. Continued …

Torrential rain wreaks havoc in Surat Thani, Koh Phangan hit hard

Torrential rain drenched several districts in Surat Thani, leading to a significant runoff on the tourist hotspot of Koh Phangan Saturday. The deluge resulted in substantial disruptions, including a dramatic incident in Ban Thong Nai Pan, Ban Tai subdistrict, where a pickup truck was carried away by the forceful waters.

Government offices in Koh Phangan, including the district office, police station, and Surat Thani Immigration Office, found themselves surrounded by floodwaters. Roads in front of prominent locations such as the Koh Phangan district hall, a supermarket, and local convenience stores were rendered impassable for smaller vehicles due to the relentless runoff from the surrounding hills. Continued …

Gridlock crisis: Phuket’s billion-baht boom sparks urgent action

Provincial officials have vowed to tackle Phuket’s surging traffic chaos as the island’s tourism industry hits record-breaking highs. Gov. Sophon Suwannarat chaired a high-stakes meeting with key stakeholders last week to address infrastructure challenges threatening the island’s reputation.

With over 10 million visitors in 2023 generating 388 billion baht in revenue — a 100.4% increase from 2022 — Phuket is reeling from the strain on its roads and public transport systems. Thepkrasattri Road (Route 402), the island’s main artery, remains a bottleneck for locals and tourists. Continued …

Bangkok airports offer free parking for new year travelers

Bangkok is preparing for the upcoming new year holiday with special travel measures to facilitate passenger movement. Don Mueang and Suvarnabhumi airports are set to provide free parking and continuous shuttle services. This initiative runs from today until Jan. 1 to ease holiday travel.

At Don Mueang Airport, free parking is offered at the lot between Cargo Building 2 and the five-story car park, catering to 250 vehicles. Shuttle buses are scheduled every 15 minutes, ensuring passengers can conveniently reach Terminal 1, Gate 6. Continued …

Hikers told to take care of own waste

Visitors at Phu Kradueng National Park in Loei generated over 4.5 tons of waste between Oct. 1 and Dec. 27, park chief Adison Hemathanon said on Sunday, before urging tourists to dispose their waste to protect the park’s natural environment.

Since the park reopened on Dec. 23, authorities have been asking tourists to bring any waste they could see along the trail with them to be disposed properly, as part of their effort to keep the park in a pristine condition. Continued …

Bus Tickets 

Hua Hin-Chiang Mai flight schedule from Oct 27

Thai Airasia has updated its flight schedule between Hua Hin and Chiang Mai (Sunday, Monday, Wednesday, Friday):

Hua Hin to Chiang Mai: Departure 5:15pm, Arrival at 6:30pm

Chiang Mai to Hua Hin: Departure 3:25pm, arrival at 4:45pm

Hua Hin train schedule

To book online

Van/minibus service at Market Village

Vans and minibuses provide services to the following destinations:

  • Hua Hin – Mo Chit (089-919-8055) starts service at 03:50
  • Hua Hin – Kanchanaburi (085-822-6063)
  • Hua Hin – New southern line service starts at 5:40
  • Hua Hin – Rangsit (090-138-0427) service starts at 05:40
  • Hua Hin – Nakhon Pathom (088-709-2364)

The last service departs at 6pm. Departures every 25 – 40 minutes. For inquiries or reservations, call 089-9198055,090-1380427.

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Highways – 1586
  • State Railway – 1590