Thursday’s news-May 2 -

Today’s news: Hua Hin takes ‘long term’ water measures/British Tourist Warned Over Criticism/High Power Demand/Heat bends railway tracks/Surge of Financial Scams/Economy: All workers promised Bt400 minimum wage/Investment pledges jump/Manufacturers told not to worry/Economy is heading for a crisis/VAT on cheap imported goods adds up/Two new Thai airports/Microsoft to build data center in Thailand/Tourism: Phuket’s Water Crisis/300 Baht Tourist Fee/Worst three seats economy class/Climate Thailand: Today’s Thai environmental 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

Hua Hin takes ‘long term’ measures to improve water supply

Hua Hin is making strides to address the region’s water supply challenges amid a severe drought by enhancing its infrastructure. On Tuesday, Siraphan Kamonpramot, adviser to the mayor of Hua Hin, led the 12th Coordination, Monitoring, and Inspection Committee meeting to discuss the water supply crisis.

During the meeting, Deputy Mayor Atichat Chaisri detailed plans to install a new raw water pipeline to bolster the production of tap water. This 1,000mm-diameter raw water pipeline will connect to the existing HDPE pipe system in Bo Fai, linking to the Phetchaburi irrigation project’s end point. Continued …

British Tourist Warned Over Criticism of Thailand Online

The Tourist Police in Thailand have warned a British tourist, identified as Mr. Thomas, against posting videos criticizing the country on social media, citing the potential harm to the nation’s image and security.

The deputy inspector of Mae Hong Son Tourist Police, Pol. Lt. Col. Suwit Boonyaphen, stated that Mr. Thomas’s videos were critical of Thai public and private agencies. Continued …

Heatwave Spurs High Power Demand in Thailand

Thailand is in the grip of a record-breaking heatwave, driving the nation’s power demand to enormous levels. The Thai Meteorological Department reported that over three dozen districts across the country’s 77 provinces experienced their highest ever temperatures for April, the traditionally hottest month, with some records breaking those set in 1958.

This extreme heat has caused a surge in electricity consumption, with a record peak of 36,699 megawatts on April 29, marking the third record-breaking demand in a week. Continued …

Extreme heat bends railway tracks

Extremely hot weather warped rails in the southern province of Nakhon Si Thammarat, and it took railway workers about an hour to cool them down to make the tracks usable again, the State Railway of Thailand (SRT) said on Wednesday.

The rail deformation was spotted between the Ron Phi Bun and Khao Chum Thong stations in Ron Phi Bun district of Nakhon Si Thammarat at 2.20pm on Tuesday, said Ekarat Sri-arayanpong, chief of the SRT governor’s office. Continued …

Email link: kenbrown@businessclassasia.com

The Surge of Financial Scams in Thailand

Thailand is facing a significant challenge that threatens the financial security of its citizens: the rise of financial scams. In recent years, the nation has seen a surge in fraudulent activities, placing it among the top three countries in the Asia-Pacific region affected by this menace.

Scammers often exploit trust in authority by impersonating officials from government agencies or banks, particularly targeting older mobile phone users. Continued …

All workers promised Bt400 minimum wage from October

Labor Minister Phiphat Ratchakitprakarn offered his assurance yesterday that workers in all occupations across the country will receive a 400-baht minimum wage from Oct. 1.

Yesterday, May 1, was International Labor Day, also called Labor Day or May Day in some countries, and the labor minister said that the tri-partite wage committee now has five months to study how many employers are ready to pay their employees at least 400 baht wage a day. Continued …

Investment pledges jump 31%

Investment pledges to Thailand were up 31% in the first quarter of 2024 when compared to the same period a year earlier, the Board of Investment (BOI) said today.

The total value of investment applications rose to 228 billion baht (US$6.2 billion) in the three months ending in March, it said, with more than half coming from foreign investors. Continued …

Exports down but manufacturers told not to worry

Thailand’s export value in March dropped to $24.96 billion, a decline of 10.9% year on year and the lowest in eight months. The contraction was also the largest in the region, the Thai National Shippers’ Council (TNSC) said on Tuesday.

China’s exports in March contracted by 7.5%, Malaysia’s were down by 6.1%, Indonesia’s by 4.2%, and Singapore’s by 3.4%, TNSC President Chaicharn Charoensuk reported. Taiwan and Vietnam, however, saw increased exports in March at 18.9% and 13%, respectively. Continued …

Why the economy is heading for a crisis

I wish I were this good when it comes to picking winning lottery tickets. Just a few days ago, the Ministry of Finance (MOF) lowered its 2024 GDP growth projection from 2.8% to 2.4%, citing blah, blah, blah.

The growth projection range is 1.9%-2.9%. But the MOF will not be lonely for long as other economic research houses will soon lower their growth projections, as well. For Dr Chartchai, he stands firm on his projection of -1.5% to 1.5% growth for 2024, with a base case of 0.0% growth. Continued …

How VAT on cheap imported goods adds up

Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.

Local businesses are struggling to compete on price, resulting in some fading away. The government was pushed to act by domestic entrepreneurs as cheap Chinese products flooded the market. Continued …

Construction of two new Thai airports to start in 2027

Feasibility studies for two new international airports in Thailand – Andaman Airport in the south and Lanna Airport in the north – should be complete this year, with construction set to start by 2027, according to Airports of Thailand (AOT).

The new airports will be capable of handling 40 million passengers annually. The two feasibility studies cover investment potential, economic gains, financial returns, and environmental impact, AOT CEO Kirati Kitmanawat said on Wednesday. Continued …

Microsoft to build first data center in Thailand

Microsoft on Wednesday announced its first data center investment in Thailand to capitalize on the growth of AI-driven transformation in Southeast Asia.

Chairman and Chief Executive Officer Satya Nadella made the announcement in front of some 2,000 developers and business and technology leaders at the Microsoft Build: AI Day in Bangkok. The event was also attended by Prime Minister Srettha Thavisin. Continued …

Phuket’s Water Crisis Threatens Tourism Industry

Phuket’s tourism industry, a significant revenue stream for the region, is threatened by a worsening water crisis. Due to decreased capacity in the primary reservoirs – Bang Wad, Klong Kata, and Bang Neow Dum, hotels are reporting increased expenses as they are forced to buy water.

Phuket Tourist Assn. President Thanet Tantipiriyakit expressed disappointment at the situation, stating that as a primary tourist location, Phuket should have a better water supply. Continued …

Tourism Industry Backs Reinstatement of 300 Baht Tourist Fee

Thai tourism industry players are calling for the return of a 300 baht ($9) fee for incoming visitors. The funds raised are seen as critical to driving tourism development. The Tourism Council of Thailand (TCT) is set to discuss the matter with Sermsak Pongpanich, the incoming tourism minister.

TCT Vice President Surawat Akaraworamat emphasized a broad consensus among industry stakeholders on the matter. The Tourism Department currently faces a dearth of funds to adequately enforce 56 tourism-related standards, with only a 10 million baht ($300,000) budget earmarked annually. Continued . .

Cabin crew reveals top three seats to avoid in economy class

In recent guidance, an airline cabin crew member has identified the three worst seats in the economy class and advised passengers to avoid them if possible.

When booking flights, especially in economy class, passengers often seek the best available comfort within the constraints of their budget. The advice from the cabin crew member aims to enhance passenger comfort by steering them away from less desirable seating options. Continued …