Search Results for: billionaires
- World News
Indonesia’s environmental protection plan- trust the billionaires
Indonesia’s environmental protection plan will take the revolutionary step of selling off “development” rights – not “protection” rights – to an entire archipelago of more than 100 coral islands next week. More or less anyone who happens to have enough cash washing around offshore is welcome to bid. The Widi reserve in Indonesia is described by Sotheby’s – those bastions…
- World News
Millionaire? Pfft! Indonesia’s second-home visa is for billionaires
Many online have criticised Thailand’s plan to focus on attracting millionaires, but Indonesia seems to think the Thai government is just setting their stall too low. Indonesia launched a “second-home visa” with plans to lure in billionaires, not millionaires. The new visa debuted last week, but the details are still being put into place by the Ministry of Interior, Immigration,…
- China News
Shenzhen now has more billionaires than New York, China has most in world
Shenzhen in China now has more billionaires than New York City. Meanwhile, China has 1,133 listed “billionaires”, more billionaires (measured in USD) than any other country in the world. These 1,133 Shenzhen billionaires make up 34% of the world’s 3,381 billionaires. This is despite the fact China lost 160 of its billionaires in a government crackdown last year. The crackdown…
- Politics News
Thai PM thanks the 20 billionaires for their support during crisis
The Thai PM has offered his “heartfelt thanks” to a list of Thai billionaires he wrote to a month ago seeking their guidance and ideas at the height of the Thai outbreak of the Covid-19 virus. He thanked them in a Facebook post and commented on their willingness to “offer a helping hand”. “All of them had responded energetically to my…
- Thailand News
Phuket Gazette Thailand News: Interpol fugitives nabbed in Bangkok; Police seize weapons in South; Thai billionaires hit 11; B20bn for rice farmers next week
PHUKET MEDIA WATCH – Thailand news compiled by Gazette editors for Phuket’s international community Police seize several caches of weapons in raids The Nation / Phuket Gazette PHUKET: Nakhon Si Thammarat police announced yesterday that they had seized 177 guns, 1,440 bullets and two M26 grenades from 179 suspects in raids and checkpoints from February 17-28.A self-proclaimed anti-government protest guard,…
- Phuket News
Billionaires Lead Phuket’s Top 5 Rich and Famous Villa List
PHUKET: Thailand’s resort island of Phuket is fast becoming the place for the rich and famous in search of tropical island living coupled with great investment. According to the recently-launched Phuket Insider blog, two of Forbes magazine’s leading billionaires have uber-luxury villas in Phuket. Phuket’s “Top 5” are reported as: 1. New Zealand’s wealthiest brothers, Richard and Christopher Chandler (one…
- Thailand News
Thai nurse’s affair leads to bedside BDSM sex scandal
A Thai man turned to social media influencer Guntouch “Gun” Pongpaiboonwet for help after his wife, who worked as a nurse, allegedly cheated on him and became addicted to sadistic BDSM sex with the director of the hospital in the central province of Nonthaburi. The 30 year old man, named Boy, revealed during a press conference with Gun and multiple…
- Thailand News
Thai thief takes risky Chao Phraya dip to see girlfriend & escape cops (video)
Fearing he would never see his girlfriend again, a Thai thief ignored the danger and swam across the treacherous Chao Phraya River in Samut Prakan province to escape arrest by chasing police officers. An officer from Phra Pradaeng Police Station was called to a convenience store near Phra Pradaeng Pier to arrest the 32 year old thief, Pichitchai, after staff…
- Thailand News
Thailand slips to 47th in global travel rankings
The World Economic Forum (WEF) unveiled its Travel & Tourism Development Index 2024, and the results have left many surprised. Released on May 21, the Index provides a comprehensive evaluation of the global travel and tourism landscape, assessing the essential conditions required for investment and operation in the sector. According to the report, Thailand has slipped to the 47th position…
- Thailand News
Thailand emerges as billionaire hotspot, ranked 12th in rich list
Hurun Research Institute released its prestigious 2024 Hurun Global Rich List, revealing that Thailand ranks 12th worldwide for having the highest number of billionaires. Hurun Research Institute is a leading research, luxury publishing and events group based in Shanghai, China, that focuses on the wealth of people around the world. The Hurun Global Rich List has made the institute famous,…
- Pattaya News
Drunken foreigner turns heads in Pattaya pandemonium
Pattaya residents witnessed more quality tourists at the weekend when a half-naked drunken foreigner caused chaos on the bustling roads of the popular holiday destination. Responding promptly to reports, Pattaya police arrived at the scene on Saturday, February 17, where the drunken foreigner was seen creating a public disturbance at the intersection of Pattaya Klang Road. Upon arrival, officers encountered…
- Business News
Elon Musk’s US$55 billion pay deal under threat after judge’s ruling
Having spent several years as the wealthiest person globally, Elon Musk, CEO of Tesla, faces the potential of falling to the third position following a Delaware judge’s ruling on his US$55 billion pay deal. The judge, Kathaleen St. J. McCormick, sided with a Tesla investor who argued that the 2018 remuneration package lacked clarity on Musk’s performance expectations and that…
- Thailand News
Bankrupt millionaire seeks opportunities and jobs after life as thief
A victim urged the Thai police to arrest a former millionaire in Chon Buri who, facing bankruptcy, resorted to becoming a thief. The man evaded several arrests by claiming he was mentally ill, evoking sympathy from some, who wished he could rebuild his life. One Facebook user, Aroon Kab, shared security camera footage of a man stealing three aluminium step…
- Road deaths
Fatal motorcycle crash in Samut Prakan prompts investigation
A fatal motorcycle crash occurred when a 17 year old boy lost control of his vehicle and hit a footpath, resulting in his death and injuries to his girlfriend and younger brother. The incident occurred around 10pm yesterday, on a road near Bang Sao Thong Municipality in Samut Prakan province. The local authorities, led by deputy investigator Worakrit Parruang, responded…
- World News
Under the magnifying glass: China Evergrande’s billionaire chairman under police watch
China Evergrande Group‘s billionaire chairman has been placed under police surveillance, sources with knowledge of the situation disclosed. Earlier this month Hui Ka Yan was escorted by Chinese law enforcement and is currently under observation at an undisclosed location. The reasons for the residential surveillance, which is not tantamount to formal detention or arrest, remain unclear. Under China’s Criminal Procedure Law, this…
- World News
Indonesia introduces golden visa scheme to attract foreign investors
Indonesia has launched an initiative to draw foreign individual and corporate investors with the introduction of a golden visa scheme, aimed at bolstering the nation’s economy, according to an announcement made by the Ministry of Law and Human Rights. The director-general of Indonesia’s immigration Silmy Karim explained the new long-term, high-value visa plan. “The golden visa is granting a residence…
- Business News
Thai tycoon’s firm doubles spending amid tourism boom and economic growth
Asset World Corporation, the property and hotel development unit owned by Thailand‘s wealthiest individual, is set to more than double its spending on acquisitions and development of hotel resorts and commercial properties this year due to the tourism boom. The company plans to invest over 20 billion baht (US$590 million) in 2023, up from around 10 billion baht last year,…
- Economy News
Thailand’s billionaire trio makes Forbes’ 2023 list of world’s richest
Forbes yesterday released its annual list of the world’s billionaires, and Thailand has its hands in the till with 28 billionaires, three of whom are ranked in the top 150. The list includes Dhanin Chearavanont, Charoen Sirivadhanabhakdi, and Sarath Ratanavadi, whose net worths range from US$12.3 billion to US$14.9 billion. Despite this achievement, the year 2023 proved challenging for the…
- Events
Yachts: Hua Hin Mini Boat Show this weekend
Fans of yachting can enjoy the first-ever Hua Hin Mini Boat Show this weekend. Pak Nam Pran, a picturesque coastal town in central Thailand, is all set to host the first show of its kind in the region from March 24 to 26. The event will take place at the Racer Marina and showcase a range of boats, yachts, and…
- Crime News
ฺฺBillionaire’s ‘sadistic’ son denies biting woman’s genitals
UPDATE The billionaire’s son accused of assaulting a woman he met on a dating app in Nonthaburi province, central Thailand, denies that he bit her genitals. He did admit to “squeezing” the victim out of “jealousy” leaving her badly bruised. Reporters managed to contact 22 year old Khittiphot aka “Micky” who said that A (pseudonym) invited him to her condo room.…
- Technology News
Is Google chatbot smarter than a pigeon?
Embarrassing stammering by Bard, the Google chatbot, has prompted the global public and stock markets to unreservedly rejected machine-generated garbage. The likes of Donald Trump and Elon Musk must be delighted that a talking Google chatbot is held in higher regard than talking billionaires. Google’s response to ChatGPT got off to an embarrassing start when its chatbot gave a wrong…
- Economy News
Pandemic winners and losers – them and us
The pandemic has not been all bad. It’s wrong to look only at the downside of widespread death, fear and grief. There have been pandemic winners and losers. Some people have made a lot of money, and that’s no bad thing, is it? According to Bloomberg, and Al Jazeera, as of yesterday, 131 billionaires had more than doubled their net…
- Hot News
License plate lottery – Today’s lucky number is 45,090,000
The Department of Land Transport’s license plate lottery – and auction of what they laughingly describe as “auspicious” vehicle licence plate numbers – on Saturday produced the highest-ever winning bid at 45.09 million baht (US$1.3 million) for plate number 9 Kor Kor 9999. On Saturday a total of 64 plates were up for auction and another 237 will be offered…
- World News
Thailand takes delivery of Textron T-6C turboprop trainers
Thailand has taken delivery of its first Textron Aviation T-6C Texan II turboprop trainers, for use in training or as attack aircraft. Two T-6Cs have been delivered to Royal Thai Air Force Kamphaeng Saen northeast of Bangkok. A welcoming ceremony was attended by US Ambassador Robert Godec. Thailand desperately needs more military aircraft if the war against Myanmar’s drug billionaires…
- Thailand video news
Thailand News Today | Anti-corruption cop sets new standards – How rich is ‘unusually rich’?
Anti-corruption cop sets new standards – How rich is ‘unusually rich’? Thailand News Today All provincial administrations have been ordered to submit a list of suspected drug dealers and addicts in their respective provinces to the Ministry of Interior by the end of this month. The information will be added to its main database, for use in developing effective measures…
- Politics News
Anti-corruption cop sets new standards – How rich is ‘unusually rich’?
Prayat Puangjumpa, a former deputy secretary-general of the National Counter-Corruption Commission (NACC), has been charged by the commission with being unusually rich. Unusually rich for whom? An ordinary Thai citizen? Unusually rich for someone on his salary? Unusually rich for a senior Thai law enforcer? Prayat, who was fired in August, is accused of making a false declaration to conceal…
- China News
The Coming War on China
As President Xi Jinping secured an unprecedented third term as Chinese Communist Party (CCP) leader yesterday The Coming War on China draws ever closer, predicts award-winning journalist John Pilger. In Pilger’s thought-provoking documentary, The Coming War on China, he notes the United States, backed by Western mainstream media (MSM), has been “beating the drums of war and the world has…
- China News
Xi Jinping’s recipe for success – more of the same
As China’s immensely tedious political meeting drags on, nothing much is happening except droning announcements by unremarkable men in cheap black suits. So when Xi Jinping walks onto the stage in the Great Hall of the People in Beijing, people pay attention, if only to the pleasingly tailored lines of the chairman’s apparel. There were no surprises. His address paid…
- Tourism News
Russian billionaire’s superyacht Samui visit spurs hope of wealthy tourists
The arrival of a few mega billionaires to the tourist island of Koh Samui and surrounding islands has sparked hope that Thailand will begin to see a rise in wealthy travellers again. Perhaps now that Covid-19 restrictions are finally mostly lifted, several luxury superyacht vessels have been spotted arriving on the shores of Samui. Most notably, Alexander Alexandrovich Svetakov, a…
- Business News
Wealth decreasing among top 50 richest in Thailand
While the wealth of the 50 richest people in Thailand has fallen nearly 6% to a collective US$151 billion, Forbes Asia has announced at the top 10 richest people in the country remain in mostly the same ranking. Charoen Pokphand Group’s Chiaravanont brothers saw their wealth decrease by nearly US$3.7 billion this year but still remain the richest in Thailand…
