Year: 2024
- Business News
Thai hospitality groups eye global expansion amid tourism recovery
The global tourism recovery has spurred Thai hospitality groups to broaden their horizons beyond domestic borders, tapping into the robust demand in numerous destinations. In the previous year, many hotel management companies reported substantial profits, with some even witnessing their average daily room rates surpass 2019 levels, particularly in prime locations. Minor International (MINT), the largest hotel chain in Thailand,…
Read More » - Thailand News
Fatal stabbing in Ban Pong escalates from heated argument
A fatal stabbing occurred in front of a convenience store in Ban Pong, Ratchaburi, following a heated argument between two women. The incident, which took place at 10.45pm yesterday, January 1, ended tragically as a man attempting to intervene was fatally stabbed. The crime scene was attended by Ban Pong Police Station Deputy Investigator Suksiri Chansacha along with Ban Pong…
Read More » - Economy News
Gold prices predicted to hit record highs by 2024, says MTS Gold
MTS Gold, a local trader, predicted that gold prices are likely to skyrocket to new record levels of over 79,005 baht (US$2,300) per ounce and beyond 40,000 baht (US$1,164) per baht weight by this year. This forecast comes amidst anticipated adverse global economic situations. Kritcharat Hiranyasiri, the President of MTS Gold, explained that the anticipated decline in interest rates and…
Read More » - Aviation News
Thai authorities craft national oil proposal to boost sustainable aviation fuel
In a bid to bolster the aviation industry’s effort to curtail carbon dioxide emissions, Thai energy authorities are in the process of crafting a novel national oil proposal. The blueprint will cater to the evolution of Sustainable Aviation Fuel (SAF), a biofuel variant for aircraft. The appeal of SAF lies in its strong resemblance to jet fuel in terms of…
Read More » - Thailand News
Pattaya punch-up perplexes police: Viral video captures motorcycle taxi turmoil outside central mall
A viral video emerged on Thai social media over the weekend showing a brutal attack on a foreign man by two motorcycle taxi riders outside Central Pattaya shopping mall. Police said they had received no reports of the incident. The Facebook user, เดฟร็อก ไทย, shared the video of the attack on December 30 with a caption that said: Pattaya motorcycle…
Read More » - Thailand News
Bangkok developers warned over glut of affordable condos and townhouses
Real estate developers in Greater Bangkok should tread carefully when introducing new condos and townhouses priced under 2 million baht (US$58,241) due to a significant backlog of unsold units, warns Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC). Vichai highlighted that the condo and townhouse market for units priced under 2 million baht (US$58,241) experienced a slowdown…
Read More » - Thailand News
Thai prime minister ready for key 2024 fiscal year budget bill debate
Thailand Prime Minister Srettha Thavisin confidently announced yesterday his readiness to participate in the upcoming debate on the 2024 fiscal year budget bill. The discussions are set to kick off tomorrow, January 3. PM Srettha revealed that a series of discussions with coalition partners in preparation for the debate had taken place before the new year holiday. The primary aim,…
Read More » - Thailand News
Chinese tourist’s fatal plunge at Pam Bok waterfall underscores safety importance
In the serene province of Mae Hong Son, an unfortunate incident unfolded at the Pam Bok waterfall in Pai, on December 31. A 52 year old Chinese visitor named Peng Xin met an untimely demise after a fatal fall from 10 metres at the waterfall. The distressing event surfaced at 3.30pm when the Pai police were alerted about the incident.…
Read More » - Food
Jet set your palate through River Café & Terrace’s Culinary Passport
Tired of the same old dinner routine? Craving for an international buffet for your taste buds? River Café & Terrace, The Peninsula Bangkok’s waterfront garden restaurant, has the solution for you. Hop on their Culinary Passport journey where you can travel to different countries from your table every evening. From Thai cuisine Mondays to Italian specialities Saturdays, the dedicated team…
Read More » - Business News
Thai investors anticipate surge in depositary receipts popularity in 2024
Executives anticipate a surge in the popularity of depositary receipts (DRs) among Thai investors this year, with the investment tool offering a gateway to high-profile foreign stocks, risk diversification, and potential high returns. As they have become more prevalent on the Thai bourse, investors held DRs worth around 16 billion baht (US$466 million) on the Stock Exchange of Thailand (SET)…
Read More » - Thailand News
PM Srettha extends new year wishes, discusses govt’s plans
On the advent of the new year, Thailand Prime Minister Srettha Thavisin, in company with Supreme Patriarch and House Speaker and Parliament President Wan Muhamad Noor Matha, extended heartfelt wishes to the nation and its inhabitants. PM Srettha started his year with a visit to Wat Ratchabophit, accompanied by his wife, Pakpilai Thavisin. They expressed their reverence to the Supreme…
Read More » - World News
Japan braces for severe earthquakes, warns meteorological agency
The Japan Meteorological Agency warned of potential severe earthquakes in the country’s central region in the forthcoming week. The agency revealed this forecast in a press conference yesterday, January 1, following an earthquake that registered a preliminary magnitude of 7.6 on the country’s seven-tier scale. The quake was detected off Japan’s coastline on yesterday afternoon, accompanied by warnings of a…
Read More » - World News
Tsunami hits South Korea with unexpected 67cm wave, North Korea on alert
South Korea has been hit by a tsunami with a wave height of 67 centimetres, exceeding initial predictions by the Korean Meteorological Administration (KMA). The surging wave height, which is potentially dangerous, could also affect North Korea, which has issued a tsunami warning. The KMA reported that a 20-centimetre high tsunami wave hit the east coast of Kangneung City in…
Read More » - Thailand News
Thailand’s New Year road safety campaign reveals shocking toll
There’s a chill in the air, but temperatures are rising on Thailand’s roads as the New Year Seven Days Road Safety campaign reveals a sobering toll. According to the Thai Department of Disaster Prevention and Mitigation (DDPM), the first two days of the campaign have already witnessed a surge in road accidents, injuries, and deaths. The numbers are staggering –…
Read More » - Thailand News
Thousands gather in Thailand for New Year’s blessings and cultural preservation
New Year’s Day was marked with customary merit-making and prayers for blessings across Thailand, with thousands of locals and tourists converging at popular sites to witness the first light of 2024. An estimated 5,000 individuals turned out to give alms to over 200 Buddhist monks and novices at the city pillar in Muang district, Khon Kaen province. The event symbolised…
Read More » - Thailand News
Thai politician among suspects in fatal Nakhon Phanom petrol station shooting
A local politician is under investigation, together with two other suspects, following the fatal shooting of two petrol station employees in Nakhon Phanom, Thailand. The victims, a 50 year old female employee and a 33 year old male known as Phromjak were discovered dead with no significant evidence or spent shell casings found at the scene. The petrol station’s 13…
Read More » - Phuket News
Russian tourist child dies in tragic Phuket speedboat accident
Tragedy struck on the last day of 2023 when a speedboat carrying seven Russian tourists, including a five year old girl, crashed into rocks at Koh Maithon while returning to Phuket from Phi Phi Island. The young girl, Liza Pak, sadly lost her life in the incident. The speedboat, named Apirak 89, was believed to be leaving Koh Maithon and…
Read More » - Thailand News
Fatal New Year’s shooting in Phuket hotel: police apprehend 32 year old suspect
A 32 year old man was fatally shot in front of a hotel in Phuket during New Year’s celebrations. The assailant, who fled the scene on a motorcycle, was later apprehended by police. The incident occurred at 4.14am today (January 1) Police Lieutenant Colonel Eakasak Khwanhuan, an investigator at the Karon Police Station in Phuket, was notified of the shooting…
Read More » - Thailand News
Rescued calf for 100 Thai baht warms hearts on TikTok journey
The young calf that warmed the hearts of TikTok users by sitting in the back of a pickup truck on its journey home has been found. The touching backstory of the calf, worth merely a hundred baht, has since been revealed. On New Year’s Eve, a TikTok user captured a video of the calf sitting in a pickup truck, registration…
Read More » - Business News
Thailand’s economy projected for strong recovery and growth in 2024
Thailand’s economy is in a promising state of recovery, as projections indicate a boost in both domestic demand and tourist arrivals. With the resurgence of most industries and the emergence of tech-driven sectors like electric vehicles, there is a wave of optimism that the country’s economic growth will significantly strengthen in 2024. Six industries are predicted to experience rapid growth…
Read More » - Tourism News
Thailand targets 3.5 trillion baht tourism boost for economy
Thailand’s government is setting its sights on a 3.5 trillion baht (US$101 billion) boost to the economy via the tourism sector this year, aiming to establish the nation as an all-season tourist hotspot. A spokesperson for the government, Chai Wacharonke, revealed that over 27 million international travellers graced the country in 2023, with the majority stemming from Malaysia, closely followed…
Read More » - Business News
AI set to revolutionise HR processes in 2024
The transformative power of artificial intelligence (AI) in the field of human resources (HR) was the primary topic of conversation at a recent meeting among strategic people and HR leaders. Industry reports are beginning to showcase how these conversations align with the evolving reality. HR is no longer a purely administrative function; it must lead transformative initiatives, with many professionals…
Read More » - Thailand News
Ex-deputy inspector accused of premeditated murder in Wang Thonglang
Accusations of premeditated murder, illegal firearm possession and use, and owning a firearm without permission, have been levelled against a police officer, following the fatal shooting of a businessman on an expressway in Wang Thonglang district. The officer, a former deputy inspector of Hua Mak station, identified as Pol Lt Narongwat Thachata, was employed by the victim as a driver.…
Read More » - Thailand News
Pink line monorail extends free service during conductor rail repair
The Pink Line monorail, currently in its trial phase, has prolonged its complimentary service till this Saturday as it continues with the repair of its conductor rail. This extension follows an inspection led by Deputy Transport Minister Surapong Piyachote, who visited the ongoing work from Chaeng Wattana-Pak Kret 28 Station (PK08) to Nonthaburi Civic Centre Station (PK01). The intent is…
Read More » - Thailand News
Thai public sentiment: 2023 economic challenges impact happiness levels
A recent year-end poll by the National Institute of Development Administration (Nida) has revealed that while a majority of the Thai populace were content with their personal lives in 2023, about a third expressed discontentment with the economic challenges that the nation faced in the same year. The poll, executed telephonically from Dec 12-20, engaged a diverse group of 1,310…
Read More » - Thailand News
Despite conflict, Thai labourers eye Israel’s farmlands for higher wages
The escalating conflict between Israel and the Palestinian militant group, Hamas, hasn’t deterred Thai labourers from seeking employment in Israel’s farmlands. Their decision to remain or return to work in Israel is primarily driven by the substantial financial benefits they can accrue. Satid Prom-u-narot, 37 years old, highlighted the stark disparity in wages between the two countries. “On average, I…
Read More » - Thailand News
New year’s eve chanting ceremony at Ayutthaya’s Wat Yai Chai Mongkhon temple
On December 31, Buddhist devotees convened at the significant Wat Yai Chai Mongkhon temple in Ayutthaya province for the annual New Year’s Eve chanting ceremony. The evening event included meditation and listening to Dhamma preaching, culminating in the chanting of Buddhist mantras to usher in the New Year. The attendees, dressed in white, came as families and young individuals. The…
Read More » - Thailand News
New Year’s prayer ceremony attracts tourists at Khao Yai National Park
Tourists gathered for a New Year’s prayer ceremony at a temporary tent area on Khao Yai National Park‘s Rong Mountain. Amid the chilly weather, with temperatures dropping to 11 degrees Celsius at midnight of January 1 numerous tourists participated in the Buddhist chanting and New Year’s prayers. Despite the cold weather, tourists flocked to join the New Year prayers, welcoming…
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