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Why 8 Atelier Residence is poised for growth: Phuket’s investment hotspot in the making
Phuket’s residential real estate market is no longer defined only by beachfront villas and short-stay resort condominiums. The island is now seeing sustained interest from international investors targeting long-term yields, capital stability, and access to full-scale lifestyle infrastructure. Looking at...
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12 Thai people killed, 8 injured, and 11 detained in Hamas attacks
Thailand’s Centre of an Emergency Situation in Israel reported that 12 Thai nationals were killed, eight injured and 11 detained in Hamas attacks. A Thai resident in Israel, taking to Twitter, shared that he and nearly 100 fellow Thais managed to survive without any assistance from officials. Deputy Foreign Minister Jakkapong Saengmanee stated that Thailand maintains a neutral stance in…
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Illegal firearms crackdown: Thai police clamps down on illicit trade after alarming surge in gun violence
Police Lieutenant General Jiraphop Phuridej targeted 114 illegal firearms distributors across Thailand in an extensive nationwide crackdown. The illegal firearms crackdown, involving over 800 officers including a special task force known as “Hanuman” from the Central Investigation Bureau (CIB), came in the wake of increased online trading of illegal firearms, including modified guns, homemade guns, and blank guns. The illegal…
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Inflation squeeze: Investors seek assets that outinflate rising costs
The recent surge in inflation has had a profound impact on the investment landscape, leading to an increase in product prices and living costs. These conditions require investors to strategically select assets that can generate returns that beat inflation. One such investor, Phongthorn Thavontanakul, founder and CEO of Lief Capital Asset Management, shared his insights on investments that can weather…
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Bangkok shooting survivor recounts horrific encounter with Siam Paragon gunman
A survivor of the recent shooting at the Siam Paragon shopping mall in Bangkok recounted her terrifying encounter with the 14 year old gunman. Anyapat Thipjirasakul, while fleeing the scene, came face to face with the teen gunman on an escalator. His immediate reaction was to fire, hitting her in the shoulder. Despite the pain, she continued running, scared he…
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Thai bonds surge 5.8% amid elevated corporate debenture issuance
Thai bond valuations experienced a notable increase of 5.8% within the first nine months of the year, skyrocketing to a colossal 16.7 trillion baht. This rise was predominantly propelled by government and corporate bonds, as revealed by the Thai Bond Market Association (ThaiBMA). Corporate debentures, a significant part of this upswing, saw an issuance of 825 billion baht from January…
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Thailand’s commerce ministry aims for 20% cross-border trade boost
The Commerce Ministry of Thailand has an ambitious vision for the upcoming year – pushing cross-border trade value to 1.2 trillion baht, marking a 20% increase from this year’s estimated 1 trillion baht. Deputy Commerce Minister Napintorn Srisunpang, the overseer of the Business Development Department, Trade Negotiations Department and Foreign Trade Department, disclosed the ministry’s strategy to achieve this. They…
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Thai government’s 5% GDP growth aim deemed optimistic amidst challenges
The administration of Prime Minister Srettha Thavisin aims to boost annual GDP growth by 5%. This goal was unveiled during a policy statement delivered by the premier to the heads of government agencies last week during discussions about the fiscal 2024 budget. However, the World Bank recently cut its growth forecast for Thailand to 3.4% this year and trimmed its…
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Mongolia opens honorary consulate in Phuket, boosting ties
Phuket marked a significant milestone as Mongolia inaugurated its honorary consulate on the island, coinciding with the 49th anniversary of its diplomatic ties with Thailand last week. The consulate’s office is located at the Gig Hotel on Soi Bangla in the Patong district. The opening ceremony saw the attendance of key figures including Tumur Amarsanaa, Mongolia’s ambassador to Thailand, Nutthaphong…
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Thailand’s TCL suspends VIP bus service after passenger complaints, slaps 10,000 baht fine on operator
Dr Sanlak Panuwatli, the managing director of Transport Company Limited (TCL), addressed recent complaints made by passengers about the standard of their VIP bus services. The complaints were raised on the Facebook page อยากดังเดี๋ยวจัดให้ รีเทริน์ part 6, which posted images and messages about the substandard conditions of TCL’s VIP buses. Upon investigation of the raised issues, TCL found that the…
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Teenager loses finger in violent gang clash at Pattaya skatepark
Chaos ensued in the early hours of the morning today, at a Pattaya skatepark near Laem Bali Hai whre a violent encounter between two youth gangs led to a teenager losing his finger and two others suffering injuries. The incident, taking place around 4am, sparked panic among tourists who were spending their time near the skatepark at Bali Hai Pier, Pattaya.…
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Thai CEOs discuss sustainability’s key role in supply chain survival at SX2023
The Sustainability Expo 2023 (SX2023) has illuminated the essential role of sustainability in successful supply chain networks. The Thailand Supply Chain Network (TSCN) Business Partners Conference, also known as the TSCN CEO Panel, took place at the Queen Sirikit National Convention Center as part of the ongoing expo. The key topic of discussion was the self-application of sustainable practices for…
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Thai PM’s diplomatic tour to boost ties, revive tourism hit by mall shooting
Prime Minister Srettha Thavisin embarks on a five-day tour to Hong Kong and three ASEAN nations, beginning Sunday. The journey commences from the Royal Thai Air Force’s (RTAF) terminal at Don Mueang Airport, with the Airbus 320 aircraft setting course for Hong Kong. Post the Hong Kong visit, the premier’s itinerary includes Singapore, Brunei, and Malaysia, with his return scheduled…
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Democrat demands probe into Thaksin’s hospital stay amid preferential treatment claims
Watchara Phetthong, a veteran Democrat and former Member of Parliament, urged the House panel overseeing police affairs to investigate the circumstances surrounding the hospitalisation of the ex-prime minister, 74 years old Thaksin Shinawatra. Accusations of preferential treatment have been fuelled by an undisclosed photograph of Thaksin seen enjoying pool time with his grandchild. At a press conference to highlight his…
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Tesla’s safety feature confuses Thai Songthaew passengers with pedestrians, causing hilarity amongst netizens
A Japanese YouTuber driving a Tesla in Thailand found himself perplexed when the car repeatedly warned him of pedestrians crossing in front. However, upon looking up, he saw nothing. The amusing reality emerged later when he realised the car was not identifying people cutting in front but mistakenly interpreting people hanging on the back of Thai Songthaew, or two-row pick-up…
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Thai Cabinet approves assembly for constitutional referendum, amid MFP exit
The assembly to draft a referendum on revising the constitution is set to convene on Tuesday, following the Cabinet’s recent approval of its 35 members, reveals Chusak Sirinil, a member of the assembly. The assembly, under the leadership of Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai, will deliberate on modifications to the committee after the exit of the…
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Late night motorcycle accident on Chachoengsao bypass road claims life
A tragic motorcycle accident that involved a collision with a barrier on a bypass road in the area of Wat Thawil Silamongkol, in Mueang Chachoengsao’s Tha Khai sub-district, claimed the life of 34 years old man. The incident, which took place at approximately 12.30am today, was witnessed by a lorry driver who saw his erratic riding just before the accident.…
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Teenage motorcyclist killed in fiery collision with car on Phetchabun’s Chomthirawet Road
A tragic road accident involving a saloon car and a teenage motorcyclist sparked a blaze that engulfed both vehicles. The collision occurred on Chomthirawet Road, Chon Daen-Dong Khoi route, between kilometres 33-34 in Ban Kutti Phra, Tha Kham subdistrict, Chon Daen district, Phetchabun province. The motorbike rider, a 19 year old woman, tragically lost her life. The incident took place…
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9 year old thief steals 33,400 baht and evades arrest with child protection law
A Thai man has sought justice after a nine year old girl stole 33,400 baht from his home in Bangkok’s Nong Khaem district. Despite the young thief confessing to the police, she was not charged due to the child protection law. The victim, known as Fluke, reached out to the local news Facebook page Drama-addict to share his story with…
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Billionaire’s reckless driving leads to car crash, killing two (video)
A catastrophic car crash occurred on the island of Sardinia, Italy, resulting in a fiery collision involving a red Ferrari and a blue Lamborghini. The incident, which happened on Monday, October 2, was triggered by the two luxury cars attempting to overtake a large white van, leading to a collision that flipped all three vehicles. Tragically, the wealthy occupants of…
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Ford Thailand revs up for turbocharged pickup comeback as year-end season approaches
Ford Thailand, the driving force behind Ford Motor’s presence in the country, is gearing up for a turbocharged comeback in pickup sales as we cruise into the final quarter of the year – a season traditionally revved up for car enthusiasts. This resurgence is expected to shift into high gear thanks to the bumper crop of income flowing in from…
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Electrical appliance industry sparks up: El Niño predicted to surge sales by 4-5%
The El Niño weather phenomenon could potentially stimulate a 4 to 5% rise in sales within the electrical appliance and electronics industry this year, with sales projected to elevate from 230 billion baht last year. Major electrical appliance distributors and leading retail chains noted growth in the market within the first nine months of the year. Despite the purchasing power…
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Bangkok taxi driver’s mobile heist: Cabbie steals 800,000 baht from forgotten phone
Officers from the Central Investigation Bureau (CIB) arrested a Bangkok taxi driver who used a mobile phone left in the taxi by his passenger to steal more than 800,000 baht. The victim, whose identity was not disclosed, filed a complaint with officers at Thong Lor Police Station on September 19 after more than 800,000 baht went missing because the victim…
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3 Thai men admit to killing their drug-addicted friend in car in Bangkok
Three Thai men surrendered to police after killing their drug-addicted friend in a car in Bangkok. They claimed that they became angry when the deceased lost control of his senses and tried to grab the steering wheel while the car was moving. The three suspects have been identified as 44 year old Let, 40 year old Kitti and 41 year…
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3 Thai men arrested for involvement in shooting at Siam Paragon
Following a further investigation into the suspects connected to the shooting at the Siam Paragon mall in Bangkok, police arrested three Thai men for selling a modified blank gun and bullets to the teenage gunman. The tragic incident at Siam Paragon, which saw two foreign women shot dead and five injured, spread grief throughout the country and also raised awareness…
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Bangkok man arrested with illegal firearm during routine patrol
During a routine patrol in Bangkok, the vigilant Sai Mai police force yesterday stumbled upon a disturbing discovery that led to the apprehension of a 38 year old man, who goes by the name Thanachai, or Noy. The illicit item in question was an illegal firearm, specifically a modified Thai-made BB gun, accompanied by a cache of four .22 bullets.…
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Thai billionaire’s fortune plummets: Freelance girlfriend accused of fraud, theft
A 70 year old Thai billionaire accused his freelance prostitute girlfriend of 18 years of fraud and stealing from him after his wealth dwindled from billions to just under 10 million baht. The accusation by the man alleges that his 45 year old female partner tricked him into selling his luxury car and property. The Thai billionaire reported the case to…
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Online fraud cases in Thailand soar to 365,000 with 45 billion baht loss
Over the past one and a half years, a staggering 365,000 online fraud cases have been reported, inflicting a massive loss of 45 billion baht, revealed Deputy Government Spokesperson, Karom Phonphonklang. This was in reference to the cumulative data gathered from the thaipoliceonline.com website, available from March 1 of last year until September 30 this year, provided by the Royal…
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BREAKING: 2 injured in shooting in Ayutthaya, gunman arrested
Local media reported at around 11am today, October 6, that two victims had been injured in a shooting in the central province of Ayutthaya. The gunman was arrested immediately after the incident. A Facebook page, Crazy on News (บ้าข่าวไปเรื่อย) and Ayutthaya Station reported that a gunman lost control and shot a victim in Baan Luang sub-district, Saena district, Ayutthaya province.…
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Commerce Ministry revises inflation forecast, amid falling prices
Revising its earlier forecast, the Commerce Ministry now anticipates headline inflation to be within 1-1.7% for the current year, with an average of 1.35%. This comes as a result of expected lowered inflation in the last quarter. In July, the forecasted range was 1-2% with an average of 1.5%. Poonpong Naiyanapakorn, director-general of the Trade Policy and Strategy Office, revealed…
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Norwegian man murders his Thai boyfriend in Chiang Mai
Police arrested a Norwegian man on Tuesday for the alleged murder of his Thai boyfriend at their home in the northern province of Chiang Mai. A resident of Wang Singha Kham village in Pa Dad district of Chaing Mai province reported the death of a 39 year old Thai man named Charit to Mueang Chiang Mai Police Station on the…
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