Thursday’s news-April 25 -

Today’s news: Foreigners and their overseas income/Heatwave Alert: Thailand Expects 43C Weather/More hot days ahead/30 Deaths from heatwaves/Cost-effective air conditioners/Thailand households cut cooling costs/950-baht flights to Chiang Mai/Hua Hin-Bangkok highway completion set/False Papaya Seed Cancer Cure/US carrier group makes port call/Health Ministry opium and magic mushrooms/Economy: Baht falls even further/Issue of digital wallet funding/Review of digital wallet/Foreign investments in Q1/Home building market set to grow/Car production down/Rising expenses add to hotels’ woes/Tourism: Thailand reconsiders tourism tax/Thailand Experience: The Best Resorts in Hua Hin/Phetchaburi on a plate/A coastal gem/Climate Thailand/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

Email link: kenbrown@businessclassasia.com

Foreigners and their overseas income: what next?

More than three months after “assessable” foreign income became taxable, many of Thailand’s expats are still swimming in a sea of uncertainty. Lots of advice online, but few definite answers. Senior officers from the Revenue (Department) have said little of late, although there has been a half-promise to the Swiss ambassador in a televised interview to print the tax identification forms in English as well as in Thai.

There is a view among some Thai lawyers that we must wait until July for clarification on nitty-gritty issues such as double taxation treaties and the tax status of pensions. By that time, some expats will have passed 180 days of minimum residence necessary for tax liability in this category. Continued …

Heat wave Alert: Thailand Expects 43C Weather and Severe Summer Storms

A heat wave alert has been issued by the Thai Meteorological Department (TMD) as temperatures might rise up to 43 degrees Celsius. The warning covers 45 provinces and is accompanied by a risk of summer storms, strong winds, and hail in some areas.

The country’s upper region is experiencing a heat wave due to intense heat creating a low-pressure system. While people are advised to refrain from prolonged outdoor activities, farmers are being alerted to prepare for possible damage to their crops and livestock. The temperature rise is coupled with a chance of summer storms, characterized by lightning, thunderstorms, and potentially hail. Continued …

No letup, more hot days ahead

Weathermen warn that temperatures could soar to new highs between Friday and Tuesday, with the wet season not due to start until the third week of May.

Somkuan Tonjan, director of observation at the Meteorological Department, said on Wednesday morning that the heat wave would continue throughout today under the influence of southerly and southeasterly winds. Continued …

30 Deaths from heat waves in Thailand

Thailand’s Ministry of Public Health has alerted the public to the perils of the ongoing heat waves, following the death of 30 individuals from heatstroke this year. Health professionals are advising people to avoid direct sun exposure for long periods, particularly considering the increased COVID-19 risk for susceptible people.

Increased temperatures in the country have led to health problems linked to intense heat. Heatstroke, an often lethal condition arising from the body overheating, is a predominant risk, particularly for those who spend substantial time outdoors in the sun. Continued …

PEA advises on cost-effective air conditioners amid Thai heat

The Provincial Electricity Authority (PEA) of Thailand is offering advice on how to use air conditioning systems effectively without racking up extensive electricity costs in the ongoing heat.

The PEA advises selecting an air conditioner with the suitable British thermal units (BTU) depending on the room size. With 9,000 to 21,000 BTU, air conditioning units are ideal for small or medium spaces like apartments. In contrast, air conditioners with 21,000 to 30,000 BTU work best for larger rooms like living rooms and 30,000 to 36,000 BTU units are needed for bigger areas such as home offices, restaurants or cafes. Continued …

Thailand households cut cooling costs with aircon and fan trick

In the grip of summer heat, Thai households are finding that using air conditioning is a necessity rather than a luxury. However, the spike in electricity bills at the end of the month has many looking for cost-effective ways to stay cool.

A recent experiment by the YouTube channel CLEAR ENERGY sparked significant interest, offering insight into which is more economical: setting the air conditioner to 25 degrees Celsius or 27 degrees Celsius with a fan running simultaneously. Continued …

950-baht flights to Chiang Mai offered

AirAsia has announced a new promotional fare for flights between Hua Hin and Chiang Mai. Starting at just 950 THB.

The promotional tickets will be available for booking until April 28. Travel can be scheduled anytime from May 6 through Nov. 30, 2024, and includes a 20% discount. Continued …

Hua Hin-Bangkok highway completion set for 2025

The Thai government has announced that the longstanding construction on Rama 2 Road, the highway linking Bangkok to the southern parts of the country, including Phetchaburi, Cha Am and Hua Hin, is slated for completion by 2025.

The project, which began in the 1970s, aims to alleviate the persistent traffic issues that have plagued this route for decades. Continued …

Health Experts Debunk False Papaya Seed Cancer Cure Claims

Health authorities have exposed the false notion that papaya seeds can cure cancer, a myth that became a social media sensation. An online post cited a non-existent study from Chiang Mai University, suggesting that ingesting three ripened papaya seeds daily would kill cancer cells.

This misinformation first emerged in October 2022 and resurfaced in February 2024, leading thousands to share the claim across social media platforms. Continued …

US carrier group makes port call

A U.S. carrier strike group arrived in Laem Chabang for a scheduled port visit on Wednesday.

The carrier strike group’s flagship, USS Theodore Roosevelt, has not visited Thailand since 2018. It arrived with Carrier Air Wing 11 embarked. Ships from Destroyer Squadron 23 visiting Sri Racha include the USS Russell, USS Daniel K Inouye, USS Halsey, and USS Howard. Continued …

Health Ministry approves medical use of opium and magic mushrooms

In a historic directive, the Thai Public Health Ministry has approved the use of opium and magic mushrooms for medical treatment and research. The policy shift, revealed in the Royal Gazette, came into effect immediately under Health Minister Cholnan Srikaew’s signature.

Opium and psilocybin mushrooms, known for their hallucinogenic effects, are now classified as Category 5 narcotics, differentiating them from marijuana and hemp extracts. Continued …

Baht falls even further, loses 8.8% of its value in 2024

Despite a return of a current account surplus and the prospect of a better economy in 2024, the baht on Wednesday again broke theBt37 barrier point against the dollar. Today it was ฿37.15. It came after the Bank of Thailand intervened to temporarily keep from breaching it.

The baht has been falling since the beginning of 2024. The reasons, of course, are complex, but essentially there is a lack of confidence, at this time, in the kingdom’s economic planning. Investor capital is moving out. With its aging population, jaded industrial base and a decades-long failure to address serious structural problems, the current government insists it can spend its way out of the problem. Continued …

The thorny issue of digital wallet funding

The coalition government led by Prime Minister Srettha Thavisin made a significant pivot on its flagship scheme, which aims to hands out 10,000 baht each to 50 million Thais via a digital wallet, shifting from government borrowing, which drew sharp criticism and raised concerns about potential violations of financial and fiscal discipline regulations.

Instead, the government opted to utilize funds from the annual expenditure budget, which is the original approach the ruling Pheu Thai Party employed to garner support during election campaigns. Continued …

Central bank calls for review of digital wallet scheme

The Bank of Thailand (BoT) has suggested that the government restrict the digital wallet cash benefit scheme to around 15 million financially vulnerable individuals, instead of the planned 50 million in its proposal. According to the BoT, this modification in the plan, costing 150 billion baht, can be effective immediately.

Yet, the government has dismissed the bank’s proposal, stating there are no new elements in the recommendations. The BoT identifies low-income earners and state welfare card holders as the “fragile” category. Continued …

Japanese account for more than half of total foreign investments in Q1

Thailand received nearly 36 billion baht in investments from foreigners during the first quarter of the year, the Department of Business Development said.

Japanese investors topped the list, accounting for 19.006 billion of the 35.902 billion baht invested by foreigners, or more than half, Oramon Sapthaweetham, director-general of the department, said. A total of 178 foreign nationals had been permitted to invest in businesses during January-March under the Foreign Business Act BE 2542 (1999). The investments generated employment for 849 Thai nationals, Oramon added. Continued …

Home building market set to grow despite challenges

Thailand’s home building market is showing signs of growth this year, even though rising costs, a labor shortage, and buyer sentiment remain major challenges, Worawut Kanchanakul, president of the Home Builders Assn., said on Tuesday. His confidence stems from the government’s approval on April 9 of new measures aimed at boosting the country’s real-estate sector.

The measures include lowering property registration and transfer fees, extending a reduction in mortgage fees to properties valued up to 7 million baht, providing tax breaks for individuals who build their own homes, and raising the value threshold of properties developed by companies eligible for the Board of Investment’s tax incentive from 1 million baht to 1.5 million baht. Continued …

Car production down 23.1% y/y in March

Car production in Thailand dropped 23.08% in March from a year earlier to 138,331 units, the Federation of Thai Industries said today.

The figure compared with February’s 19.28% year-on-year drop. In the January-March period, car production fell 18.45% from a year earlier to 414,123 units, the FTI said. Continued …

Rising expenses add to hotels’ woes

Hotel operators anticipate high expenses from power bills, food prices and labor wages as the low season arrives amid scorching temperatures.

Thienprasit Chaiyapatranun, president of the Thai Hotels Assn. (THA), said during the hot season electricity expenses could rise to 20% of total costs, compared with 10% in the cool season. Continued …

Thailand reconsiders tourism tax again – to combat overtourism

Thai tourism operators are urging the Thai government to seriously consider measures to tackle overtourism and one of the proposed measures is a tourism tax of 300 baht (US$8.11).

As Thai Prime Minister Srettha Thavisin has vowed to make 2025 a landmark year for tourism, secretary-general of the Federation of Thai Tourism Associations (FETTS) Adith Chairattananon said a white paper that the federation will present to the government will include solutions to prevent overtourism, which was seen in Thailand before the pandemic. Continued …

The Best Resorts in Hua Hin for any Kind of Getaway

Hua Hin is always a top destination for a long or short holiday. Not only international tourists, but locals have long enjoyed this seaside escape for several decades.

A resort not mentioned, but excellent …

To make the experience even more unforgettable, stay at one of these five-star hotels that suit any kind of getaway. Continued …

Phetchaburi on a plate

Phetchaburi, a historic coastal province, invites you to enjoy a weekend drive through its diverse flavors and traditions.

While Khao Wang, or Palace Hill, and its historical enclaves may draw visitors seeking cultural immersion, Phetchaburi offers so much more to tantalize the senses and ignite the taste buds. Continued …

A coastal gem

Throughout my work life I have gone on many group tours, but this was my first solo trip to Koh Lan in Chon Buri. About a 90-minute drive from Bangkok, Koh Lan is the perfect destination for anyone wanting an island vacation without having to take a flight south.

Standing on Pattaya beach, the scene at Bali Hai Pier was the usual – a huge wave of tourists and speedboats racing for position at sea. Continued …