Wednesday’s news-June 26 -

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Please welcome of newest Sponsor …

Kaiyo Window Films

Kaiyo Window Films is a previous sponsor of Hua Hin Expat News but had to discontinue its position here during the Covid-19 pandemic. They are back now to offer local businesses and home-owning expat readers the best in solar and ultraviolet protection for their homes.

If your building uses air conditioning, you may not feel you have a need to control solar heat gain. However, the fact is fuel costs are spiraling and the excessive use of AC systems plays a significant part in climate change. It has become environmentally damaging and financially costly to allow the sun’s heat to enter a building, only then to be artificially cooled.

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11th Pa La-U Fruit and Good Products Festival starts tomorrow

The Hua Hin district chief is inviting everyone to taste the renowned Pa La-U durians at the 11th Pa La-U Fruit and Good Products Festival, scheduled to take place from June 27 to July 3.

This year’s event will showcase grade A durians selected from local orchards, available to consumers for Bt250 per kilogram. Continued …

Customs officials ‘helped’ supercar importers dodge Bt897 million duty

Graft-busters accuse seven customs officials of helping supercar importers evade duty totalling 897 million baht by accepting unrealistically low car valuations.

Niwatchai Kasemmongkol, secretary-general of the National Anti-Corruption Commission, said on Tuesday that the panel found irregularities in the importing of 29 Lamborghini cars by Jubilee Line Co. and Benznakarin Auto Group and 33 Maserati cars by Ferma Motor Co., between 2011 and 2014. Continued …

Email link – kenbrown@businessclassasia.com

Teen becomes police officer to hunt grandfather’s killer of 16 years

A 15-year-old boy, determined to become a police officer after his grandfather was murdered, spent the next 16 years hunting down the killer – until he finally succeeded. This real-life story surpasses any drama.

On Oct. 26, 2008, 81-year-old farmer Phrom Krodkaew was brutally murdered in Phanom, Surat Thani. That day, Phrom and his wife went to work on their farm as usual but split up to work on different parts of the land. Shortly after, villagers informed Phrom’s wife that he had been killed with a machete and axe. Continued …

Young people ignorant of vaping risks, survey finds

More than 60% of young people in the country think e-cigarettes can help them quit smoking regular cigarettes, while over 50% believe nicotine is a healthy substance, a survey has found.

The survey of 40,164 people aged between 6 and 30 was conducted between May 1-27 to learn more about their awareness of e-cigarettes and vaping behaviour, said Dr. Sura Wisetsak, director-general of the Department of Health Service Support (DHSS). Continued …

Feuding Top Thai Cops Reinstated After Suspension Controversy

In an unexpected twist, Thailand’s suspended top policemen, Police Gen.Torsak Sukvimol and his deputy Police Gen. Surachate Hakparn, have been reinstated to their posts.

Both were sidelined in March under corruption suspicions involving high-stakes online gambling, but a prime minister-appointed committee cleared them, prompting their return. Continued …

Thai Post Launches Euro 2024 Contest with 10 Million Baht in Prizes

Thai Post launched its Euro 2024 contest with a road show through Phuket Town yesterday. This nationwide campaign aims to boost public enthusiasm for the UEFA Euro 2024 Championship in Germany, offering over 10 million baht in prizes.

Assistant Postmaster of Phuket, Piyavit Siksamat, announced the collaboration between Thai Post and Thairath, themed “Cheer Football with Passion, Celebrate with Fortune Anywhere, Anytime.” The contest features a grand prize of 6.5 million baht, along with cash, cars, gold, and other rewards. Continued …

Seized drug assets to fund addict rehabilitation in Thailand

Public Health Minister Somsak Thepsutin endorsed initiatives to allocate seized assets from narcotic drug cases toward funding the rehabilitation of drug addicts.

Somsak revealed that during his tenure as the Justice Ministry chair, he had amended several narcotic laws, particularly those concerning asset seizures. He noted that the previous laws were too passive, resulting in only 20 million baht annually being directed to the Office of the Narcotics Control Board’s (ONCB) narcotic drug fund. This amount, he argued, should have been significantly higher. Continued …

Thailand’s status unchanged in US trafficking report

Thailand remains on Tier 2 for the third consecutive year in the 2024 Trafficking in Persons Report issued by the United States this week.

The report said the Thai government had made significant efforts to improve its performance since being upgraded from the Tier 2 Watch List three years ago, but has still not fully met the minimum standards for eliminating trafficking. Continued …

Swiss Barber Arrested for Illegal Work and Taunting Thai Police

Continued …

Increasing foreign ownership limit for condos would boost economy

The Thai Real Estate Assn. is backing the government’s proposal to increase the foreign ownership limit for condominiums, as it expects such a move would boost the domestic economy, its president, Meesak Chunharakchot, said on Tuesday.

His comment was in response to the Interior Ministry’s proposal to the cabinet to increase foreign ownership from 49% to 75%, with leases extended for up to 99 years. Continued …

Srettha denies ‘selling off’ the country

Prime Minister Srettha Thavisin on Tuesday dismissed claims by critics that a government proposal to raise the foreign ownership quota in condominiums and offer longer land leases is tantamount to “selling off the nation”.

“It is about long-term leases, not selling land. It has nothing to do with selling the nation,” the prime minister said. Continued …

Foreign Condo Transfers in Thailand Hit 6-Year High in Q1 2024

Acting director of the Real Estate Information Center Vichai Viratkaphan revealed that ongoing observation of condominium ownership transfers by foreigners has shown that the country’s reopening to foreign tourists since 2022 has had a positive impact on the growth of tourism.

The Thai government considers the tourism industry a key economic growth driver, combined with domestic factors that have greatly increased the demand for foreign condominium purchases. The number and value of ownership transfers exceeded the levels observed before the COVID-19 pandemic in 2018-2019. Continued …

New foreign business investment rises 58% in first 5 months

Investment by new foreign businesses rose 58% in the first five months of this year compared with the same period last year, the Department of Business Development announced on Tuesday.

Newly registered foreign firms rose 16% to 317 and invested a combined 71.702 billion baht in Thailand from January to May 2024. They hired 1,212 Thai employees, a fall of 60% from the 2,999 Thais hired by new foreign firms during the same period of last year. Continued …

Thailand’s auto production falls 16.2% in May

The Federation of Thai Industries (FTI)’s Automotive Industry Club announced on Tuesday that Thailand’s auto production in the month of May had dropped by 16.2% year on year to 126,161 vehicles.

Surapong Paisitpattanapong, vice president of the FTI’s auto club, said the drop in production in May compared to last year was mainly attributed to fewer pick-up trucks and sedans manufactured for the local market. Continued …

Thailand imports shrimp from Ecuador amid local production crisis

Thailand, once the world’s leading shrimp exporter, now finds itself importing shrimp from Ecuador. Prime Minister Srettha Thavisin directed the Department of Fisheries to investigate and report back in the next Cabinet meeting.

The nation, which used to produce and export 600,000 tons of shrimp annually, now produces only 200,000 tons. This significant decline has necessitated the importation of shrimp, primarily from Ecuador, leading to a drop in Thai shrimp prices and severe financial hardship for local shrimp farmers. Continued …

Business cloud software giant Infor targets Thailand’s potential

Infor, a global leader in business cloud software, has identified Thailand’s manufacturing sector as a key potential market in Southeast Asia, as the country continues to digitize under the Thailand 4.0 policy, its CEO Kevin Samuelson said.

His remarks came during a field trip to Bangkok on June 20, where he addressed the country’s digital transformation journey, the technology landscape, and the role and trend of artificial intelligence (AI), particularly the emergence of generative AI (GenAI). Continued …

Public cloud spending set to soar

Worldwide end-user spending on public cloud services is forecast to grow by 20.4% to $675 billion in 2024, from $561 billion in 2023, according to the latest forecast from Gartner Inc. The growth is being driven by demand for generative AI (GenAI) and application modernization.

Organizations in Thailand are expected to spend $1.8 billion on public cloud services, an increase of 30.1% from 2023, the technology research and consulting group said. Spending on infrastructure-as-a-service (IaaS) will have the largest growth with an increase of 39.6%, followed by platform-as-a-service (PaaS) at 26%. Continued …

Support from all sides needed to fulfil Thailand’s medical hub dreams

Turning Thailand into a medical hub will require support from both the public and private sectors, survey findings from the Department of Health Service Support and Bank of Thailand (BOT) show.

The central bank said Thailand ranked 17th in the Global Healthcare Accreditation Medical Tourism Index between 2020 and 2021, adding that most foreign patients come to the country for cosmetic or orthopaedic surgery and dentistry. Continued …

Thai-EU FTA talks showing very good progress, says agency

The third round of free-trade talks between Thailand and the European Union went smoothly, leaving plenty of room for the fourth round later this year, the Department of Trade Negotiations (DTN) said.

Chotima Iemsawasdikul, DTN director general, said the third round was held in Brussels from June 17 to 21 and was mostly positive. Continued …

EVA Air Secures SKYTRAX Excellence Award

SKYTRAX, an airline and airport review and ranking site, unveiled its “2024 Global Airline Awards” at the Fairmont Windsor Park on June 24. EVA Air President Clay Sun attended on behalf of EVA and accepted 16 of the airline’s awards, including an eighth-place ranking among the “World’s Top 10 Best Airlines” and first place for “Best Premium Economy Class Airline Catering” and “Best Premium Economy Class Onboard Catering in Asia.”

EVA also earned distinction as one of only 10 SKYTRAX Five-Star Airlines for nine consecutive years. Continued …

Why Vietnam Has Become a Promising Alternative for US Businesses in Asia

Following four decades since the end of the Vietnam War, Vietnam’s relationship with the U.S. has changed significantly. After the Vietnam War in 1975, the U.S. and Vietnam announced normal diplomatic relations on July 11, 1995.

This year, the U.S. and Vietnam commemorated 25 years of diplomatic relations – with the U.S. congratulating Vietnam on its ASEAN chairmanship and reaffirming its support for Vietnam, including peaceful resolution of disputes, rule of law, freedom of navigation, and unimpeded commerce, among others. Continued …

Achieving PM’s target tourism revenue ‘worrying’, says tourism minister

Thailand has a long way to go to achieve the target of 3.5 trillion-baht tourism revenue in 2024 set down by Prime Minister Srettha Thavisin, thus all parties must cooperate to make it happen, Tourism and Sports Minister Sermsak Pongpanich said on Monday.

In his keynote speech titled “Thailand’s tourism direction and the government’s promotional policies” at the annual conference of the Thai Hotels Assn., Sermsak said that in the first five months of this year, Thailand has welcomed some 15 million foreign tourists and generated 1.1 trillion baht in revenue. Continued …

Visa says rising costs hitting Asia-Pacific business travel

Rising travel costs, as well as economic and geopolitical concerns, have been affecting business travel from Asia-Pacific, while companies are investing more in digitalization to help manage their travel budget, according to Visa.

Chavi Jafa, head of commercial and money-movement solutions for Asia-Pacific at Visa, said companies might increase business travel over the coming years, but high travel costs and economic concerns continue to affect their sentiment. Continued …

MICE market set to beat expectations

International visitors are expected to drive the MICE (meetings, incentives, conferences and exhibitions) segment in Thailand to exceed the target by 5% this year, which would help compensate for the sluggish domestic market.

Chiruit Isarangkun Na Ayuthaya, president of the Thailand Convention and Exhibition Bureau (TCEB), said the international market recovered strongly during the first three quarters of the 2024 fiscal year, which runs from October 2023 to June 2024, with 894,584 MICE arrivals generating almost 53 billion baht. Continued …

Krabi Airport Taxi Rip-Off: 20km Trip Costs Tourist 2,500 Baht

A tourist has lodged a complaint with Krabi’s Damrongtham Center after facing an extortionate taxi fare at Krabi International Airport. The incident highlights the urgent need for regulation to protect the image of this popular tourist destination.

The tourist, in his 30s, landed at Krabi International Airport on June 22. After disembarking, he was approached by a taxi staff member within the airport. He needed to travel to Krabi City Hall and was quoted a fare of 2,500 baht. Continued …

Thailand in Top 50 in 2024 Happiness Report

Thailand has been ranked among the top 50 happiest countries in the World Happiness Report 2024, underscoring its considerable appeal as a destination particularly favored by young people. This achievement highlights the country’s overall high levels of happiness, especially among those under 30.

The annual World Happiness Report, orchestrated by the United Nations (UN), the University of Oxford, and research firm Gallup, used data from the Gallup World Poll conducted between 2021 and 2022. Continued …

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