Tag Archives: Thailand’s richest man

Wednesday’s news-Dec 13

Today’s news: PM2.5 crisis/Still blanketed by thick smog/Zika virus warning in Hua Hin/Tackling phone scams/Baht weakens/Want a new pet?/Traveler abandoned on road/Thailand’s richest man?/Thai Airways’ billion-dollar gamble/Hospital refuses to treat Taiwanese man/750 million baht for workers/Economy: Minimum wage decision delayed/Industry group warns about minimum wage/Economic challenges for Thailand/3.6% Thai economic growth/Exports seen recovering/Changan’s electric SUVs/Tourism: Move away from foreign tourism/Chinese market top priority/Phuket Welcomes 40,000 Per Day/IndiGo ramps up Thailand flights/Missing tourists at Jomtien Beach/Thailand Experience: Buddhist Monks Protecting Environment/Best Luxury Beachfront Resorts/Best Hotels in Phuket/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


Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.


PM2.5 crisis first major test for Srettha’s government

The air pollution crisis in Thailand, specifically the hazardous PM2.5 particles, presents a formidable challenge to new Prime Minister Srettha Thavisin and his cabinet. This issue transcends mere environmental concerns, morphing into a litmus test for the government’s commitment to public health and its willingness to confront entrenched industrial and agricultural interests.

PM2.5 particles are fine particulate matter less than 2.5 micrometers in diameter. These particles are so small that they can penetrate deep into the lungs and even enter the bloodstream, posing serious health risks. Chronic exposure to PM2.5 is linked to a range of severe health issues, including respiratory diseases, heart conditions, early deaths, and cancer. Continued …

33 provinces still blanketed by thick smog

Dangerous levels of ultrafine dust covered 33 of the 77 provinces this morning, an improvement on 47 provinces on Tuesday morning, and the peak pollution level was also down.

The Geo-Informatics and Space Technology Development Agency (Gistda) reported at 9am today that red levels of particulate matter 2.5 micrometers and less in diameter (PM2.5) covered five provinces in the Central Plain, compared with 15 provinces on Tuesday morning. Continued …

Health officials issue Zika virus warning in Hua Hin

The Prachuap Khiri Khan Public Health Department has issued a health warning following the confirmation of six Zika virus infections in Hua Hin.

Public health representatives, led by Anurat Song-in, have intensified disease-control measures and are urging the public to be vigilant. Continued …

Tackling scams: Phone numbers exceeding 100 calls per day to be suspended

In a bid to combat call scams, the Digital Economy and Society (DES) Ministry has announced that any telephone number with more than 100 calls per day will be suspended.

DES Minister Prasert Chantararuangthong said on Tuesday that in the past month alone, some 80,000 people had filed complaints about scams with the Anti-Online Scam Operation Center (AOC 1441). Continued …

Baht weakens to 35.71/dollar as US announces better job figures

The baht slipped to 35.71 per U.S. dollar at the start of trading on Tuesday following improved labor figures in the U.S. The Thai currency had closed at 35.32 per dollar on Friday.

The stronger-than-expected U.S. employment rate prompted expectations that the U.S. Federal Reserve would not rush to reduce its policy interest rate, explained Krungthai Bank forex analyst Poon Panichpibool. Continued …

Want a new pet? Hua Hin’s PAT has your answer

A local cat and dog clinic has launched a new adoption page to help find loving homes for its rescued animals.

Based between Cha Am and Hua Hin, the People and Animals Thailand (PAT) clinic launched in 2019 to help sterilize and vaccinate local populations of street animals. During this vital work, the PAT team regularly discovers animals in need of urgent help, whether that’s a litter of newborn kittens living alongside a dangerous roadside, or a gentle dog formerly kept as a pet but now dumped in the forest where they struggle to survive. Continued …

Taxi fare fight leaves traveler abandoned on road to Pattaya

A Thai woman took to social media to share her experience with another one of Thailand’s notorious taxi drivers, who abandoned her in the middle of the journey to Pattaya after she refused to pay more when he tried to hike the fare mid-journey.

The victim shared a video of herself arguing with the taxi driver on her TikTok account, on Monday. She began the caption by saying, “Abandoned by this taxi driver in the middle of the journey.” Continued …

Gulf Energy CEO remains Thailand’s richest man for 5th consecutive year

Sarath Ratanavadi, CEO of Gulf Energy, Thailand’s third largest energy producer, is Thailand’s richest man for the fifth year in a row, with a net worth of 190.8-billion baht, mostly in shareholdings in Stock Exchange of Thailand listed companies, according to the Money and Banking magazine’s December edition.

(Editor: The king of Thailand, Maha Vajiralongkorn, is the richest monarch across the globe. He has an estimated personal worth of around 40 billion U.S. Dollars (1,200-billion baht.)

Ratanavadi’s net worth, by September 2023, had reduced by 12.86% percent since last year. He owns 35.7% of the shares of the Gulf Energy public company, worth about 190 billion baht, and a 0.67% shareholding in I-Tel Corp. (ITC), a subsidiary of Thai Union group of companies, worth 406 million baht. Continued …

Thai Airways’ billion-dollar gamble: Boeing dominates as Airbus left on runway

Thai Airways International is on the verge of sealing a blockbuster deal with Boeing for a fleet expansion, leaving Airbus in the dust.

The stakes are sky-high in this multi-billion dollar saga, with insider sources revealing the ins and outs of this high-flying negotiation. Continued …

Taiwanese man dies after hospital in Thailand refuses to treat him

A Taiwan media platform reported that a private hospital in Thailand refused to treat a Taiwanese man who later died as a result of his injuries in a car accident. Taiwan’s Ministry of Foreign Affairs urged the Thai government to improve its healthcare system.

The Taiwanese man, whose identity was not revealed, was fatally injured in a car accident. The rescue team rushed him to a private hospital 500 meters away from the accident site but the hospital refused to provide treatment. Continued …

750 million baht for workers affected by Israel-Hamas conflict

The Thai government sanctioned a 750-million-baht fund to compensate Thai workers impacted by the Israel-Hamas conflict.

Giving the go-ahead to utilize the emergency central budget of the current fiscal year, the Cabinet has approved this proposal from the Labor Ministry. This move is designed to aid Thai workers who’ve suffered due to the conflict that began on Oct. 7. Many of these workers, stationed in Israel, have been unable to receive their salaries or resume work until the situation stabilizes. Continued …

Cabinet delays decision on minimum daily wage increase

Though Labor Minister Phiphat Ratchakitprakarn presented the new minimum daily wage rates to the Cabinet on Tuesday, he admitted that they need to be reconsidered and revised.

The rates were set by a tripartite committee comprising representatives of employers, employees and the government sector. The committee resolved on Friday to increase the daily minimum wage nationwide within the range of 330 to 370 baht based on provinces from Jan. 1 onward. However, in real terms, the raise will actually range between 2 and 16 baht, or an average of 2.4%. Continued …

Industry group warns over hikes in minimum wage

The Federation of Thai Industries (FTI) has insisted that any increase in daily minimum wages must be decided by the tripartite wage committee.

This comes as the cabinet on Tuesday did not consider the new wage rates approved by the wage committee, as the Labor Ministry delayed the matter for a review. Continued …

The forthcoming economic challenges for Thailand

As Thailand ventures into 2024, it confronts a multifaceted economic landscape, characterized by both resilience and looming challenges. This complex scenario is shaped by global geopolitical tensions and pivotal domestic stimulus policies.

Thailand’s economy is poised for a 3.1% expansion in 2024, following a 2.4% recovery in 2023. This promising growth trajectory is fueled by a revival in key sectors: tourism, agriculture, and manufacturing. These sectors exemplify the strength of Thailand’s internal market and its integration into the global economy. Continued … 

KResearch predicts 3.6% Thai economic growth in 2024 with digital wallet adoption

Kasikorn Research Center (KResearch) has slashed its Thai economic growth projection for 2023 to 2.5 % from the previous forecast of 3.0%. The downgrade is due to the impacts of the persistent global economic slowdown, especially the faltering Chinese economy amid property woes.

Burin Adulwattana, managing director and chief economist, Kasikorn Research Center Co., said, “The global economy is slowing down, impacting global trade. This is reflected in the deceleration of the manufacturing sector worldwide, especially in China and Germany, which are both heavily reliant on exports. Continued …

Bank of Thailand: Exports seen recovering early next year

Thailand’s exports are seen recovering next year, the Bank of Thailand (BoT) said in a statement today.

Inflation was expected to be low next year due to government subsidies, the BoT said, adding that inflation would increase gradually but stay within range. Continued …

Changan set to produce electric SUVs locally – by 2025

Chinese electric-vehicle maker Changan Automobile plans to start producing sport utility vehicles (SUVs) from its Rayong factory in the first quarter of 2025, a move expected to intensify competition in the fast-growing Thai EV market.

“We will not only produce SUVs here in 2025, but Thailand will be the first country where we will officially launch new car models,” said Shen Xinghua, managing director and president of Changan Auto Sales (Thailand), a subsidiary of Changan Automobile. Continued …

Thailand to move away from foreign tourism and rely more on domestic travelers

Thailand’s tourism industry faces a 40% decline in revenues this year compared to 2019, prompting a reevaluation. A disappointing response from Chinese tourists and a lack of Western enthusiasm have necessitated a focus on domestic travel and second-tier cities.

With foreign tourism visitor and income projections for 2023 being revised downward and projected to be nearly 40% off 2019 revenue figures, with fewer visitors, off by 30%, and lower spenders because of an absence of Western tourists, Thailand’s newly appointed tourism agency chief is signaling a move toward more domestic tourism as she plots a course to 2027, when she hopes 40% of the country’s tourism income will be generated at home, while the tourist sector itself will grow to a whopping 27% of GDP. Continued … 

Chinese market remains top priority

The best-case scenario for the Chinese market next year could be 7 million arrivals, as more tourists from the mainland flock to Malaysia and Singapore thanks to reciprocal visa-free policies, which Thailand still hasn’t obtained from China.

After granting a visa exemption for Malaysian arrivals, Beijing is reportedly planning to offer a 30-day visa exemption for Singapore early next year, increasing from the current 15-day exemption offered to Singaporeans. Continued …

Phuket Welcomes 40,000 Passengers at Airport Per Day Currently

Phuket is currently welcoming more than 40,000 passengers at the airport per day before the New Year.

Phuket Tourism and Sports Chief Ratchadaphon Oin said about 40,000 passengers arrived at the Phuket International Airport daily, both domestic and international arrivals. This year, there have been nine million visitors in total. Continued …

IndiGo ramps up Thailand flights by over 25%

IndiGo, a leading airline in India, has announced new flight routes between Mumbai and Phuket, as well as the resumption of operations between Bengaluru and Phuket. These additional flights will significantly improve the connectivity between India and Thailand.

Given Thailand’s immense popularity as a favored destination among Indian travelers, IndiGo will introduce extra flights between Mumbai and Phuket starting from Jan. 5, 2024, and between Bengaluru and Phuket starting from Feb. 28, 2024. Continued …

Search resumes for missing tourists at Jomtien Beach in Pattaya

The search for four tourists who went missing from Jomtien Beach in Pattaya was due to resume today after being suspended just after midnight on Tuesday.

The four tourists, whose identities and nationalities are still unknown, went swimming at the popular beach on Tuesday evening but were not seen returning from the water. Witnesses at the beach notified local authorities, who launched the search mission. Continued …

How Buddhist Monks are Protecting Thailand’s Environment

It’s 5:50am and I’m in Chaiyaphum province, Thailand, following a single-file column of russet-robed monks as they tread barefoot down the red-dirt road that runs between their monastery and the nearby village. The first greetings of the day are all of the canine variety. Farm dogs look up from nipping fleas to bark at the monks as they wind their way through the dawn.

The monks are accompanied by their own companions, four scruffy dogs that hang around the monastery and seem to have appointed themselves the monks’ guardians. When one of the farm dogs gets a little too excited, baring its fangs and developing a raw edge to its bark, the monastery mutts swiftly pin it onto its back. Continued …

14 Of The Best Luxury Beachfront Resorts In Thailand

Thailand, often referred to as the Land of Smiles, captivates visitors with its rich cultural heritage, warm hospitality, and breath-taking natural landscapes. This diverse country offers something for every traveler, whether you’re seeking adventure in the lush jungles of Chiang Mai or tranquility on the sun-kissed beaches of Phuket.

One of Thailand’s biggest draws is its stunning coastline that stretches over 2,000 miles and boasts some of the world’s most beautiful beaches, where there are endless options to soak up the sun and enjoy water activities like snorkeling and diving. Continued … 

The 11 Best Hotels in Phuket, From Oceanside Villas to Wellness Retreats

From coastal retreats to jungle hideouts, private beaches to personal butlers, muay Thai trainers to twin pools — Thailand’s largest island and longest-standing holiday hotspot has hotel options aplenty, but picking the right one can be a daunting task.

Phuket is blessed with more than 30 different bays and beaches, and while they all score top marks in terms of postcard prettiness, their vibes (and therefore, their hotel lineups) vary widely. Continued …

As British dental system decays, patients go abroad in record numbers

Once Marion Parks found out she needed intensive dental work, the 55-year-old decided her best course of action was to leave her small English village to have implants — in Istanbul. Parks is one of thousands of British people going to Europe for dentistry. Continued …

New Indonesian capital Nusantara put to popular test

Moving the capital city of Indonesia from Jakarta to Nusantara in East Kalimantan may seem like a done deal, but now the costly project, conservatively put at about US$35 billion, is being put to the popular test for the first time. Continued …

Bus Tickets 

Hua Hin-Chiang Mai flight schedule

Hua Hin train schedule

To book online

 

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