Thailand’s Sovereign Credit Rating -

Today’s news: Electricity rise capped/Hua Hin train station makes list/13th Annual Amateur Golf Classic/Rabies-free zones for PPK/Illegal hunting targeted/Elephant herd causing havoc/First 17 hostages arrive in Thailand/Economy: Heading toward an economic crisis?/Economy still in recovery phase/Last quarter GDP growth at 3.7%/Lambasted over electricity price increase/Not after electricity price cuts/Thailand’s Sovereign Credit Rating/Duty-free on arrival hits headwind/Thai rice reaches 17-year high/Thailand Aims To Export More Bananas/Company plans Bt5-million investment/Tourism: Analysts downgrade forecasts/Traditional wellness to lure tourists/Unruly German passenger on Lufthansa flight/Songkran a world intangible cultural heritage/New route connecting Da Nang and Bangkok/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

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Electricity rise capped at 4.20 baht per unit from January

The new electricity rate will not exceed 4.20 baht per unit when adjusted in January next year, the Energy Ministry said on Friday.

The announcement came after the Energy Regulatory Commission (ERC) on Wednesday set the fuel tariff (FT) for January to April at 4.68 baht per unit, a rise of 0.69 baht. However, the ministry said 4.68 baht per unit was just the ERC’s suggested rate. Continued …

Hua Hin train station ‘makes BBC ‘most remarkable’ list

The BBC has recognized Hua Hin’s train station as one of the world’s most remarkable railway stations. In a recent article, the historic Thai station is listed alongside other international railway wonders.

Opened in 1911, the Hua Hin railway station holds a significant place in Thailand’s transportation history. Continued …

Hua Hin Rotary Club holds 13th Annual Amateur Golf Classic

The Rotary Club of Royal Hua Hin (RCRHH) marked another milestone in its charitable endeavors with the successful completion of the 13th annual Amateur Golf Classic.

Hosted on Nov. 24 at the Banyan golf course, the event not only celebrated sportsmanship and camaraderie but also raised a significant amount of money for worthy causes. Continued …

Rabies-free zones for Prachuap Khiri Khan Province

Prachuap Khiri Khan Province has initiated a health and safety campaign, selecting three districts to pilot a program aimed at creating rabies-free areas.

The initiative, part of the broader “Disease-Free Animals, Safe Humans from Rabies” project, is aligned with the royal initiative of Her Royal Highness Princess Maha Chakri Sirindhorn. Continued …

Illegal hunting targeted in Kui Buri National Park

As part of crackdown on illegal hunting activities, officials at Kui Buri National Park have intensified patrols, resulting in multiple arrests.

MAtthaphong Phao-on, the park chief, announced that operations between national park officials, the Protection Unit 3 (Dan Singkhon), and the special task force Nguang Suek led to the apprehension of several individuals suspected of illegal hunting in the park. Continued …

Efforts underway to return elephant herd causing havoc in central Thailand

A herd of over 100 elephants, currently causing havoc in the Prachinburi region of Thailand, is being ushered back to their natural habitat. These elephants have been devastating crops, causing damage to more than 60 acres of farmland and resulting in losses exceeding 1 million baht.

To mitigate this, the state is accelerating efforts to return these elephants to the wild, while also addressing the damage inflicted upon the local community. Continued …

First 17 hostages released by Hamas arrive in Thailand

Seventeen Thai workers taken hostage by Hamas on Oct. 7 arrived safely back at Suvarnabhumi Airport on Thursday afternoon. After stepping onto Thai soil, the group expressed gratitude to all parties involved in securing their release.

Prime Minister Srettha Thavisin asked about their well-being via a video call and said urgent efforts were being made to free the remaining nine Thais being held by Hamas. Continued …

Is Thailand heading toward an economic crisis?

The deceleration in the growth of the Thai economy in the third quarter has raised questions on whether these were symptoms of the country staring at an economic crisis.

Gross domestic product in the third quarter grew by only 1.5%. Most of the leading economists do not see any risk, but politicians in the ruling Pheu Thai Party and its supporters are ringing alarm bells. Continued …

Thai economy still in recovery phase, BOT says

The Thai economy remained on the path to recovery during the last quarter of this year, the Bank of Thailand (BOT) announced, explaining that a steady recovery had been observed in October and November, driven mainly by private consumption and tourism.

The main driving force is domestic demand, including private consumption and private sector investments, the BOT’’s Assistant Governor of Corporate Relations Chayawadee Chaianan said, noting that the service sector had slowed due to the decrease in the number of Thai and foreign tourists. Continued …

BoT puts last quarter GDP growth at 3.7%

The Bank of Thailand (BoT) predicts gross domestic product (GDP) growth of 3.7% in the final quarter this year, attributed to the low-base effect amid a continued recovery driven by private consumption and tourism. The central bank forecasts 2023 GDP growth of 2.4%.

The high growth outlook for the last quarter is the result of a low-base effect year-on-year, said Chayawadee Chai-anant, assistant governor of the corporate relations group at the BoT. Continued …

Energy Commission lambasted over electricity price increase

The Federation of Thai Industries has roundly criticized the Energy Regulatory Commission (ERC) for behaving like the only agency responsible for setting national electricity prices every four months, based on the data and assumptions provided by oil companies, without any plan for structural reform to reduce power prices.

The comment was made by FTI Vice President Isares Rattanadilok Na Phuket today, in response to the ERC’s decision yesterday to increase the price of electricity, for the January-April 2024 period, from 3.99 baht to 4.68 baht per unit, or 17%. Continued …

Google, Microsoft and Tesla said not after electricity price cuts

Government spokesman Chai Watcharong on Thursday clarified news reports that have distorted the truth by suggesting that Google, Microsoft, and Tesla wanted the government to reduce electricity prices before deciding to invest in Thailand. He explained that the three U.S. giants are seeking clean energy and green electricity, not price cuts.

According to the government spokesperson, none of these three companies has ever engaged in talks to lower electricity costs. The most crucial condition they demand is that the countries they invest in must have sufficient clean or green energy for production. Continued …

Thailand’s Sovereign Credit Rating Stays at ‘BBB+’

S&P Global Ratings (S&P) has maintained Thailand’s Sovereign Credit Rating at “BBB+” with stable outlook in view of the country’s sustained economic recovery and fiscal stability, disclosed government spokesperson Chai Wacharonke.

S&P expects the Thai economy to quickly recover and grow from 2.5% in 2023 to 4.2% in 2024, as a result of the government’s fiscal policy implementation and the rebound of the tourism sector. Continued …

Thailand’s move to end duty-free on arrival hits headwind from airports

AOT (Airports of Thailand) has expressed concern about the move to abolish duty-free shops upon arrival, complaining it would reduce revenue shared with duty-free operator King Power.

The Finance Ministry has proposed canceling duty-free for arriving passengers as part of measures to encourage foreign tourists and returning Thai travelers to make purchases within the country. Continued …

Price of exported Thai rice reaches 17-year high

Rice exports from January to October 2023 increased by 11.4% to 6,922,649 tons, with a total value of 136,289.8 million baht, a surge of 24.6% compared to the same period last year.

These figures signify a positive trend in Thai rice exports, prominently influencing paddy rice prices, said Pramote Chareonsilp, president of the Thai Agriculturist Assn., adding that in the past week, various Thai rice types have seen a price increase. Previously ranging from 8,000 to 9,500 baht per ton, they have now peaked at 12,000 baht per ton, the highest in 17 years. Continued …

Thailand Aims To Export More Bananas After Selling Japan 5,000 Tons

Thailand has recently signed a deal to export 5,000 tons of bananas to Japan after a labor shortage during the previous government hampered the order.

Chantapun Bunjamanon, director of the International Trade Promotion Department in Tokyo, said the office had previously worked with the Nakhon Ratchasima provincial trade office to bring Japanese banana experts to the area and show them how to grow bananas to meet the standard and quality of Japan. Continued …

Waste-to-energy company plans Bt5-million investment

Thachang Green Energy (TGE), an SET-listed biomass power plant developer and operator, will allocate almost 5 billion baht to expand its business over the next two years, with most of the budget supporting its five new waste-to-energy power plant projects.

The development cost of each project will be 200-500 million baht. Continued …

Analysts downgrade forecasts for 2024 arrivals

The Tourism Authority of Thailand’s (TAT) target of 8.2 million Chinese arrivals in 2024 is “quite challenging”, say analysts, as they cut their forecasts for total foreign arrivals next year amid a weak global economy.

Kasem Prunratanamala, head of research at CGS-CIMB Securities (Thailand), said the brokerage maintained its projection of 27 million arrivals this year, but cut the forecast for 2024 from 36 million to 32 million. Continued …

Traditional wellness to lure tourists

The Public Health Ministry is ramping up efforts to promote traditional wellness and medicine as a tourist attraction to help generate more income for the country.

Santi Promphat, deputy minister of public health, said yesterday that Thailand is known for its outstanding traditional medical wisdom and use of herbal plants. Continued …

Unruly German passenger turns Lufthansa flight to Bangkok into chaos

A 53-year-old German man turned a routine Lufthansa flight from Munich to Bangkok into a chaotic nightmare. From threats to undressing and attempting to set a blanket ablaze, this turbulent episode forced an unscheduled landing in India.

Just a few hours into the 10-hour and 45-minute journey, chaos erupted as the unnamed German man unleashed a series of disturbing actions. His wife, feeling threatened, sought help from the airline staff, setting off a chain of events that would leave the entire flight on edge. Continued …

UNESCO to name Songkran world intangible cultural heritage

Thailand is poised to celebrate the inclusion of the Songkran Festival on the United Nations Educational, Scientific and Cultural Organization (UNESCO)’s list of the world’s intangible cultural heritage, which will be formally announced at a meeting in Botswana on Dec. 6.

The Cultural Promotion Department on Thursday confirmed that Thailand’s traditional new year, known as the Songkran Festival, which has been on UNESCO’s shortlist since January, will be officially named a world intangible cultural heritage during the meeting. Continued …

Vietnam Airlines unveils route connecting Da Nang and Bangkok

Vietnam Airlines has inaugurated a direct route between Da Nang International Airport and Bangkok‘s Don Mueang International Airport. The airline’s move, announced yesterday, is set to revolutionize travel between these two destinations.

At the launch event, the Vietnamese ambassador to Thailand, Phan Chi Thanh, expressed optimism about the prospects of the newly established route. He highlighted how this development will provide Thai tourists with a seamless journey from the heart of Bangkok to the enchanting cities of Da Nang, Hoi An, and Hue in Vietnam. Continued …

New Zealand to ban cellphones in schools

Cellphones will be banned in schools across New Zealand, conservative Prime Minister Christopher Luxon said today, as his fledgling government looks to turn around the country’s plummeting literacy rates. Continued …