Tuesday’s news-June 11 -

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Hua Hin Among 10 Most Affordable Beach Destinations/Covid infections rise/New Prostate Treatment/Fire at Chatuchak Market/Emulsifiers in processed food/Hole in the heart/Economy: Thai spending during UEFA Euro 2024/Restaurateurs likely to be hit/Chicken vendors ‘squawk’/Wages based on skills/Government to set new growth target/Thailand’s e-commerce market/Global Minimum Tax Bill/Semiconductor industry vital/Progress on EEC infrastructure/Tourism: Deals with 11 airlines/Tourism firms seek initiatives/International news/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 Among 10 Most Affordable Beach Destinations To Live In

Many dream of waking up to the soothing sound of crashing waves, but with inflation and real estate prices driving up the cost of living, few can afford to move to a beach town. However, this doesn’t mean you have to abandon your fantasy, as plenty of beach destinations across the globe offer affordable housing and good-value living.

And while the cost of living also largely depends on your spending habits, the beach towns we’ve highlighted guarantee your money will stretch much further without sacrificing the little pleasures like eating out, enjoying cultural activities and events, and taking advantage of everything the destination has to offer. Continued …

Covid infections rise

The number of Covid-19 patients being admitted to hospitals in Thailand has risen to 2,762 between June 2 and 8, or an average of 395 patients daily. This figure is an increase from the previous week, which saw 1,863 cases, as reported by the COVID-19 Information Center.

The nation also reported five deaths during that week, taking the total death toll for the year to 137. Continued …

Bumrungrad Offers New Prostate Treatment in Thailand

As the population ages, the prevalence of Benign Prostatic Hyperplasia (BPH) — commonly known as an enlarged prostate — has increased significantly. Over 50% of men over 60 and 80% of those over 70 experience BPH, suffering from symptoms like weak urine flow, straining to urinate, and frequent nighttime bathroom trips.

The Urology Center at Bumrungrad International Hospital has successfully treated 276 BPH patients through water vapor therapy — which is roughly 30% of all BPH cases in Thailand. The center is recognized by Boston Scientific (USA) as the first “Center of Excellence” in Asia for steam treatment of BPH. The center has treated more than 4,000 patients through non-surgical methods and more than 500 patients through various surgical techniques. Continued …

Fire at Chatuchak Market destroys 118 shops, kills 1,000 animals

A devastating fire broke out in the pet section of Chatuchak Market early this morning, destroying 118 shops and resulting in the deaths of approximately 1,000 animals. The fire, which started at around 4.3 0am, left employees scrambling for safety as thick smoke filled the area.

The fire occurred at the Sri Somrat Market area, a hub for pet and exotic fish shops. Despite the rapid response, the fire spread quickly, consuming all 118 shops in the vicinity. Continued …

Emulsifiers in processed food increase risk of diabetes

Many of the foods we enjoy daily, from ice cream and chocolate to bread and biscuits, contain emulsifiers. These food additives improve texture, taste, and shelf life, making processed foods more appealing and convenient.

However, recent research from France suggests that these ubiquitous ingredients may come with a hidden cost: an increased risk of type 2 diabetes. Continued …

25% of the human population has a hole in the heart

Imagine if you had a hole in your heart and didn’t even know it. Surprisingly, this is the reality for 25% of the population. This condition, known as patent foramen ovale (PFO), usually causes no symptoms and is often harmless.

However, in some cases, it can lead to serious health problems. Here, we explore what PFO is, why it matters, and what can be done about it. Continued …

Thais to spend 87 billion baht during UEFA Euro 2024

The University of the Thai Chamber of Commerce (UTCC) predicts Thai football fanatics will spend some 87.62 billion baht during the UEFA Euro 2024 championship, and most of it will be spent on betting.

The month-long championship kicks off on Saturday and will be broadcast live on PPTV and several TrueVisions channels. Continued …

Restaurateurs likely to be hit by global, local economic woes

The global economic downturn and Thailand’s sluggish economy are likely to have a significant impact on the local restaurant segment, even with the visa-free scheme attracting more visitors.

“The lukewarm global and Thai economies will affect Thai customers’ spending behavior, as people are more careful with their spending,” said Thaniwan Kulmongkol, president of the Thai Restaurant Assn. Continued …

Chicken vendors ‘squawk’ over soaring prices in south Thailand

Vendors in Nakhon Si Thammarat raised concerns about the sudden surge in chicken prices, questioning the silence and inaction of the Ministry of Commerce. The price hike has led to a ripple effect, impacting various sectors and consumers alike and mirrors a trend of rising prices nationwide.

The recent spike in prices of fresh food products and raw materials has significantly affected restaurant operators, from small vendors to large businesses. Notably, the price of fresh vegetables, such as fresh bird’s eye chillies, has surged, directly affecting the production cost of curry paste, a staple in southern Thai cuisine. Continued …

Group urges wages based on skills

The Labor Ministry is being asked to consider replacing the proposed 400-baht daily minimum wage policy with a wage increase based on workers’ skills, says the Federation of Thai Industries (FTI).

The proposal for payment based on skills would be higher than 400 baht per day for certain skilled workers, said Isares Rattanadilok Na Phuket, vice chairman of the FTI. Continued …

Government to set new growth target, accelerate investment spending

The government will accelerate its investment spending and set a new target for economic growth this year, Finance Minister Pichai Chunhavajira said on Monday, as it seeks to kick start an economy that has lagged regional peers.

The government wants to see at least 70% of the investment budget disbursed within the current fiscal year ending September, Pichai said at a meeting of economic ministers to discuss stimulus measures. Continued …

Thailand’s e-commerce market is expected to grow by 13.7% in 2024

The Thailand e-commerce market is growing rapidly, with a projected surge of 13.7% in 2024. Factors driving this growth include increasing consumer preference for online shopping, strong internet penetration, and rising confidence in online payments.

GlobalData’s 2023 Financial Services Consumer Survey shows that over 92% of Thai consumers shopped online in the past six months, while only 4% never shopped online. Bank transfers are the most preferred tool for e-commerce purchases, accounting for 38.2% share in 2023. Continued …

Thailand is working toward a Global Minimum Tax Bill

The Thai Finance Ministry is taking steps to develop a global minimum tax in order to bolster the country’s tax revenue. This initiative is part of a global effort to ensure that multinational corporations pay a fair share of taxes in the countries where they operate.

The concept of a global minimum tax aims to prevent companies from shifting profits to low-tax jurisdictions and encourages them to contribute to the tax base of the countries where they conduct business activities. Continued …

Semiconductor industry vital to future foreign investment

The government plans to establish a national semiconductor board to set investment and development strategies for this vital industry, Deputy Prime Minister and Finance Minister Pichai Chunhavajira said on Monday.

Speaking after the meeting of economic ministers chaired by Prime Minister Srettha Thavisin, Pichai said the setting up of the semiconductor board will help attract foreign investments and push Thailand’s economic expansion to meet the goal of 5% annually. Continued …

Email link – kenbrown@businessclassasia.com

Progress on infrastructure projects in EEC updated

The construction of the high-speed airport rail network and development of U-Tapao Airport are expected to begin in January next year, according to the Eastern Economic Corridor (EEC) board meeting on Monday.

The meeting on four infrastructure development progress at the Government House in Bangkok was chaired by Commerce Minister Phumtham Wechayachai. Continued …

Tourism authority seeks deals with 11 airlines

The Tourism Authority of Thailand (TAT) is seeking partnerships with at least 11 international airlines in an effort to bolster rising and mature markets in the second half this year.

With the long-haul market projected to generate at least 770 billion baht this year from 10.8 million foreign arrivals, Siripakorn Cheawsamoot, TAT deputy governor for Europe, Africa, the Middle East and the Americas, said the agency plans to reinforce potential markets by using airlines in those regions that operate flights to Thailand. Continued …

Tourism firms seek supply-side initiatives

The private sector has collectively called for attention to be paid to tourism’s supply side after the prime minister insisted on refraining from the collection of a 300-baht tourism fee from foreign tourists, which was meant to be used to set up a tourism development fund.

“The government’s performance over the past eight months would rate as 10 out of 10 for stimulating tourism demand, mainly attributed to visa policies. But for more critical problems related to Thai tourism, such as inferior supply development, we’re not able to give them any score as nothing has been done to help resolve the problem,” said Chamnan Srisawat, president of the Tourism Council of Thailand (TCT). Continued …

Missing woman found inside 16-foot python in Indonesia

Officials in Indonesia say a missing woman was swallowed by a 16-foot reticulated python, and video circulating online shows her body being cut out of the snake’s stomach. Continued …

Singapore Airlines offers compensation to turbulence victims

Singapore Airlines has sent offers of compensation to passengers on board a flight last month that encountered severe turbulence that led to dozens of injuries and one death, the carrier said on Tuesday. Continued …

Today’s Thai environmental news

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