Month: May 2017
- Business
Finance: Using monthly charts to analyze trends
PHUKET: Monthly charts are among the first buy signals I look for when selecting stocks because they show bigger time frames where long term trends can be seen. As we enter the summer months, a short term pull back could still happen and this would be a perfectly normal price action. Lately we haven’t yet seen any price action to…
Read More » - Phuket
Phuket fishermen protest closure of community seafood restaurant
PHUKET: Local fishermen and representatives from fish processing groups yesterday morning gathered at the Damrongdharma Center to ask for help after the Phuket Fisheries Office ordered the closure of the Sarasin Seafood Restaurant in Tah Chat Chai. The group of 30, led by Ronnakorn Hongsa, president of Fish Processing Group Baan Tah Chat Chai, submitted a letter to Damrongdharma Center…
Read More » - People
Profile: Mexican Ambassador Jaime Nualart meets with the Gazette team
PHUKET: Jaime Nualart is currently the Ambassador of Mexico to Thailand. Born in Mexico City in 1952, Amb Nualart remembers his childhood with fondness. “I went to a good school and was among the top three students in my class. I had good friends, but I was also very shy. That is perhaps the reason my mother decided to enroll…
Read More » - Phuket
Three top cops transferred out on alleged corruption charges
PHUKET: Three top-ranking officers of the Phuket City Police were transferred out yesterday following a raid on a large illegal ‘casino’ in Phuket Town. The officers are now under investigation for alleged corruption and malfeasance. A joint team of Army and police raided a house in Phuket Town on Saturday and arrested 63 gamblers with 2 million baht (story here).…
Read More » - Phuket
Phuket City museum officials give 30-day deadline for reopening
PHUKET: Phuket City Municipality officials have confirmed that the Peranakannitat Museum launched earlier this month will be ready and open to the public within a month’s time. Last week, officials announced that the museum would temporarily remain closed until exhibitors could return all the items borrowed from Phuket residents to display during the grand opening ceremony, but could not give…
Read More » - Phuket
29-year-old killed in high-speed Phuket crash
PHUKET: A motorbike rider was killed after he lost control of his bike at a bend in the road and crashed into the back of a parked car in Phuket’s Rassada sub-district early this morning. “The accident occurred on Thepkrasattri Road northbound. At the scene, we found the victim lying on the road, covered in blood. His Kawasaki motorbike was…
Read More » - Phuket
Two Phuket fires cause B400,000 worth of damages
PHUKET: Two fires broke out in Phuket yesterday and early this morning, both of which are believed to have occurred from short circuits. The total damage from the two incidents is estimated at 400,000 baht. The first fire started at ‘Mahanakorn’, a popular local bar in Phuket Town, at midnight yesterday. Phuket Disaster Prevention and Mitigation officers, Kusoldharm Foundation rescue…
Read More » - Cannabis News
Opinion: Need to revise drug laws
PHUKET: The recent arrest by Region 8 Police of two men for posing as officers of the law and trying to extort money from the families of teenage boys found drinking krathom leaf extract is just the latest reminder of the need for Thailand to reconsider and revise its draconian drug control laws. It might strike some as futile to…
Read More » - Phuket
Major Phuket ‘casino’ raid: 63 arrested, B2mn confiscated
PHUKET: A joint team of Army and police raided a large illegal ‘casino’ in Phuket Town and arrested 63 gamblers on Saturday night. Officials also confiscated about 2 million baht in cash, a shotgun, four pistols, 39 bullets, 22 cars, 34 motorbikes and gambling paraphernalia. The joint team included officers from Infantry Division 5 (Artillery 25) and Phuket City Police.…
Read More » - Phuket
Belgians wanted for shoplifting in Phuket
PHUKET: Police are hunting for two foreigners who allegedly stole mobile phone accessories from an electronics store in Phuket on Friday. A Facebook user named Maii-Ly Chaiviriyawong (whose real name is Nichapa-orn Chaiviriyarong and is the owner of the shop) shared pictures and CCTV footage of the incident on social media. Ms Nichapa-orn owns a shop named ‘Remax’ in Samkong.…
Read More » - Phuket
Thailand’s much-debated Computer Crimes Act goes into effect
PHUKET: The newly-amended Computer Crimes Act (No. 2) B.E. 2560 (2017) was put into effect this week, after it was published in the Royal Gazette on January 24. It replaces the Computer Crimes Act B.E. 2550 (2007). One of the most talked about sections of the amended Act states that any person who sends computer data or electronic mail to…
Read More » - Phuket
PEA says electricity cables not to blame for overhead disgrace
PHUKET: Governor Norraphat Plodthong met with officials from the Provincial Electricity Authority (PEA) yesterday to discuss possible solutions to the messy overhead cables in Patong. The plan to bury the mess in Patong began two years ago, with a 230-million-baht project to cover the three kilometer stretch of Thaweewong Road (story here). After receiving a horde of complaints about the…
Read More » - Phuket
Phuket City museum “temporarily’ closed after grand opening
PHUKET: Officials have announced that the newly-launched Peranakannitat Museum is temporarily closed until exhibitors return all the items borrowed from Phuket residents to display during the grand opening ceremony held in Phuket City last week. However, they could not give an estimated date as to when that might be. The issue came to light after dozens of people complained on…
Read More » - Thai Life
Law, Life and Society: Collecting unpaid debt in Thailand
PHUKET: With the Thai economy stagnating, household debt is reaching record levels. According to the University of the Thai Chamber of Commerce, the average household debt reached nearly 300,000 baht in 2016. This amount is higher than the annual income of the average Thai family. In case of default, the first thing is to ensure that the loan is enforceable.…
Read More » - Phuket
New P-REA president highlights plans for developing Phuket
PHUKET: Boon Yongsakul, Phuket-born businessman and Deputy Managing Director of Boat Development Company, was chosen as the new president of the Phuket Real Estate Association (P-REA) in a ceremony held at the Phuket Boat Lagoon earlier this month. Mr Boon will hold this position for two years. “It is a great honor to be chosen as the president of the…
Read More » - Phuket
Heavy downpours damage property in Phuket
PHUKET: Heavy rain and strong winds caused a large tree to fall over and damage houses in Chalong this week, causing about 100,000 baht worth of damage. “The incident occurred at Soi Bangre, Moo 1 at about 2pm on Wednesday. A fallen tree, about 70cm in diameter, wrecked the wall of a guesthouse and damaged another house and a car…
Read More » - Phuket
Phuket fishing boat rescues sunken Burmese vessel
PHUKET: A Phuket-bound fishing boat rescued 15 crew members of a sunken Burmese vessel yesterday afternoon. The boat was carrying cargo from Penang, Malaysia to Myeik, Burma. The crew left on May 18 and were due to arrive on Saturday, but their boat was wrecked after experiencing stormy weather and strong waves near Racha Noi Island. “The Burmese boat, Aung…
Read More » - Thailand
Bad 1stQ for Thai Media and Telecoms
BANGKOK: With but two exceptions, listed telecom and media companies in Thailand continued in the doldrums in the 1stQ this year, with stagnant revenue growth resulting in continued or worsening losses. According to Nielsen Thailand, ad spending in the first four months of 2017 dropped almost six percent, to 35 billion baht, from the same period last year. Analog TV…
Read More » - Phuket
Patong transport operators protest reduction in taxi stands
PHUKET: Patong public transport operators will continue to utilize 84 taxi stands for now until the Phuket Governor and Army 4 commander announce their final decision about the number of stands on the island. The public transport management committee had announced on May 18 that Patong was to see a 75 per cent reduction in taxi stands (from 84 to…
Read More » - Phuket
Phuket police recapture escaped drug dealers
PHUKET: Police yesterday recaptured two suspects who fled custody after being arrested for possession of drugs on May 2. Suriya Lakpech and Wasurat Malikabutr, both 21, had been found with 7kg of ya ice (cystal methamphetamine) and 10 ya bah pills (methamphetamine) in their possession. On the way to the police station, they had “managed to unlock their hand cuffs”…
Read More » - Thailand
Nation Analysis: High defense spending at expense of education, welfare
THE CONTROVERSIAL submarine deal has sparked public debate about the way the Thai Defense Ministry spends tax money on military hardware and other national-security projects. Many question whether such projects should take priority over education, public healthcare or improving the lives of the country’s millions of poor. Since the coup in 2014, the budget allocated to the Defense Ministry has…
Read More » - Phuket
Phuket tourists injured, driver’s arm severed in another high-speed crash
PHUKET: A taxi driver’s arm was severed in a high-speed crash early this morning after he lost control of his vehicle in a curve, crashed into an electric pole and fell into a five-meter-deep ditch at roadside. “We received reports of an accident near Phuket International Airport at about 7am. At the scene, we found a heavily damaged black Toyota…
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