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5 ways retirees in Thailand lose money (and how to stop it)
Retiring in Thailand can be affordable and enjoyable, but many retirees lose money due to common mistakes. High living costs, scams, and unexpected expenses can quickly drain savings. There are five ways that retirees in Thailand can lose money and...
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Thailand looks to Indian arrivals for new wave of tourism
PHOTO: Chiang Rai Times With two million Indian tourists expected for this year, reports in both Thai and English language media claim visitors from India are ‘set to transform’ Thailand’s tourism landscape. TNN reports, via Thai Visa, that tourist numbers to Thailand from India are expected to increase to 14 million a year by the end of the next decade.…
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PM signals more stimulus packages to lift Thai economy
Thai PM Prayut Chan-o-cha says Thailand needs more measures to boost the local economy. He made the remark during the meeting of the Council of the Economic Ministers on Friday. The PM reassured the meeting that Thailand’s and other ASEAN economies were not in recession, but would have slower growth next year, so Thailand needs to come up with stimulus measures.…
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Sit down, shut up and hang on – The Asian century is here
GRAPHIC: paragkhanna.com In the nineteenth century, the world was ‘Europeanised’. In the twentieth century, it was ‘Americanised’. This century it is all about being ‘Asianised’. With more than half of the world’s population, Asia has gone swiftly from low to middle-income status in a single generation. Today, its global share of trade grows quickly, along with capital, people, knowledge, transport,…
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Sea turtles saved at Phuket’s Naithon Beach
PHOTOS: Newshawk Phuket Two sea turtles have been saved at Naithon Beach on Phuket’s west coast. Today (November 2), at 8am, the Chief of Sirinath National Park, Nathawat Nuisiram, along with research officials, rescued two sea turtles at Naithon Beach. The team received a report from local villagers and headed to the beach to investigate the reports and check out…
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Lecturer from Bangkok uni sues social media user for defamation
PHOTO: Chalita Bandhuwong, accused of “inciting rebellion” – The Nation A Facebook user, ‘Captain Songklot Chuenchoopol’, is being sued by a lecturer from Kasetsart University in Bangkok, who is accusing him of defamation. The Nation reports that Chalita Bandhuwong, from the university’s Social Sciences faculty, filed the suit yesterday after Songklot used Facebook to accuse her of trying to “provoke…
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Thailand’s internet economy to hit 50 billion dollars by 2025
Google and Singaporean investment firm Temasek launched a research program into the internet economies of Southeast Asia In 2016 and continue tracking economies in the region. Their “E-Conomy SEA 2019” report shows that Southeast Asia’s internet economy reached 100 billion dollars for the first time this year, with 360 million people now linked to cyberspace – 100 million more than…
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Bangkok will be underwater in 30 years says new study
Glug, glug, glug… An NGO that analyses and reports on climate science, says many cities, including Bangkok, will be under water in 30 years due to rising sea levels. The dramatic and frightening report from Climate Central says sea levels are expected to rise up to 2.1 metres or even more in this century, putting more than 300 million people…
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Russian 10 year old survives stings from box jellyfish on Koh Samui
PHOTOS: Khaosod English A ten year old boy has survived stings from a box jellyfish at Lamai Beach in Koh Samui. The box jellyfish is one of the most toxic creatures in the sea and is a real, if infrequent, danger floating around the Gulf of Thailand. It has the deadliest venoms of all marine invertebrates. The Russian boy was…
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Bangkok’s Loy Krathong festival promotes the city’s waterways
Bangkok’s Loy Krathong festival on November 11 will emphasise the importance of the city’s waterways to traditional Thai culture. A government spokesman says a list of 30 public parks across the city, that will host events on the evening, is urging people to use only natural materials for their floating krathongs to avoid polluting streams and ponds. He is also…
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Ministry considering third round of the Chim Shop Chai stimulus packages
Deputy PM Somkid Jatusripitak is praising the Chim Shop Chai (Eat Shop Spend) scheme and has told the Finance Ministry to consider launching a third round before the end of the year. In a policy speech, he defended the scheme, saying it’s neither wasteful nor a populist policy, fending off accusations by critics. He insists the program has been successful in…
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“Three year ban is too long” – Bangkok ‘win’ riders complain about new penalties
Win riders, Bangkok’s ubiquitous and slightly notorious motorcycle taxi drivers, are claiming that proposed penalties for riding on the sidewalk are too severe. Currently the Bangkok Metropolitan Authority has laid down bans of up to three years for motorbike riders caught riding on the city’s pavements. But Win riders say losing their jackets for three years is unfair. The Bangkok…
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Driver dies after car collides with a tree in Chon Buri
PHOTOS: Dragon Rescue Foundation A 23 year old driver died as a result of his vehicle colliding with a tree and catching fire in Mueang Chonburi this morning. Dragon Rescue Foundation was notified of the accident at 3:50am on the Wat Saman Road in Nong Kangkok, Chonburi, north of the Laem Chabang seaport. Emergency responders rushed to the scene to find…
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Bangkok airport taxi drivers protest over ride-sharing apps
With app-based ride services set to be legalised in Bangkok from March next year, taxi drivers at Suvarnabhumi airport are threatening to protest over what they see as the government’s failure to ensure fair competition. The Bangkok Post reports that the drivers are threatening to limit the number of bags they will accept from November 1, accusing both the Transport…
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DSI takes over 400 million baht ‘Mae Manee’ Ponzi scheme investigation
Police are hunting for a woman suspected to be at the head of a huge pyramid scheme that has allegedly scammed hundreds of people. Justice Minister Somsak Thepsutin has handed a case, where at least 2000 victims were allegedly cheated out of more than 430 million baht, over to the Department of Special Investigation (DSI). The ”Mae Manee pyramid scheme”…
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PM takes full responsibility for Phichit’s Chatree gold mine decision
PM Prayut Chan-o-cha told the cabinet that he accepts sole responsibility and consequences for his decision to close down the Chatree gold mine in central Phichit province about three years ago. Phichit is located in central Thailand. A cabinet source says the Industry Ministry briefed the cabinet on the arbitration process launched by Australian Kingsgate Consolidated, the parent company of…
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Possessed Krabi drug dealer leads police to his drugs
PHOTO: khaosod.com A drug dealer became ‘possessed’ before leading police to his drugs in Krabi. On October 29, Krabi police arrested two drug dealers, before one of them acted like he was possessed by a spirit and led the police to check his friend’s car to discover even more drugs. Initially, police arrested 31 year old Ekkachai Petchsong when he…
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Thailand has 6 months to discuss GSP with US
PHOTO: TNA Thai authorities still have six months to discuss the US decision to suspend tariff exemptions for Thai exports under its Generalised System of Preferences, according to PM Prayut Chan-o-cha. The PM says the US has suspended GSP privileges not only for Thailand but other countries too. Thailand has enjoyed GSP privileges for nine years and Washington might think…
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39 year old being sought by police over gruesome Chiang Mai millionaire murder
PHOTO: Missing millionaire 58 year old Wannee Jiracharoenying found in a refrigerator – The Times The Provincial Court in southern Chiang Mai province has issued an arrest warrant for a key suspect in the murder of 58 year old Wannee Jiracharoenying. Thai police have broken the case of the murder of the estate developer Wannee, whose body was found stuffed into…
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Chiang Mai police hunting for bus driver suspected in millionaire murder case
“The victim’s hands and legs were tied, and her body had been covered with cement after being placed in the refrigerator.” Chiang Mai police have confirmed they have sought an arrest warrant for 39 year old Vitoon Sritabutr, known as Tum, a song thaew (local public bus) driver who is the main suspect in the murder of a local millionaire.…
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120 Future Forward members quit the party
PHOTO: Party leader Thanathorn Juangroongruangkit – Khaosod One hundred and twenty members of the Future Forward Party, some of them former election candidates, have resigned, claiming that the party’s leaders have failed to keep their promises. Party leader Thanathorn Juangroongruangkit confirmed their decisions, saying it was their right and admitted that the party had made mistakes. Phuket News reports that…
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High-speed rail link approved
Plans for a new 7.4 billion dollar high-speed rail link from Bangkok to Pattaya got the thumbs-up Thursday (October 24). The approval comes after months of acrimonious negotiations. The government said it had signed an agreement on Thursday to begin construction with a consortium led by conglomerate Charoen Pokphand Group (CP) and including China Railway Construction Corporation. Japanese banks have…
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Visa fee waiver extended
Thailand’s Cabinet has approved a 6 month extension of the Visa on Arrival fee waiver for visitors, designed to generate more tourism spending in Thailand. A deputy government spokesperson said yesterday (October 28) that the Cabinet has in principle approved the draft fee waiver extension for six months beyond the initial expiry date to April 30 2020. Under the campaign,…
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Commerce Ministry will appeal US GSP decision
Thailand will ask the United States to reconsider removal of trade preferences for Thai exports under the Generalized System of Preferences (GSP), according to the Ministry of Commerce. In the past, whenever trade benefits for Thai products exported to the US were suspended, Thailand has appealed to the US, according to the commerce minister, who added that it is ultimately…
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Phuket hosts massive “Kao Kon La Kao” charity run featuring Toon
PHOTO: Mega beach party held out the front of XANA Beach Club along Layan Beach last Sunday – Laguna Phuket 13,000 people flocked to Layan Beach last Sunday for the “Kao Kon La Kao – Southern Series”. Led by the Kao Foundation’s Founder, marathon runner and hugely popular Tha rock star, Artiwara (Toon) Kongmalai, crowds of runners flocked to the…
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Thai banks report strong mortgage growth despite April’s new loan regulations
Ever since the Thai government enforced the higher loan-to-value ratios on property lenders last April, borrowers and developers have been generally unhappy with the result – a sluggish new home-buyer market. But some commercial lenders, particularly some of the larger ones, have still reported strong lending growth for the first nine months of 2019. Kasikorn Bank says its housing loans surged…
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Asia’s burgeoning urban population growth
PHOTO: Mother Jones Asia’s urban population continues to grow rapidly, according to a report by the Asian Development Bank. According to the ADB report, looking at the average growth rates of urban population from 1970 to 2017, developing Asia’s urban population grew 3.4%, compared to 2.6% for other developing economies and only 1% for developed economies. The average growth of urban…
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Thai government to slap CO2 tax on ‘big bikes’
PHOTO: bigbiketours.com The Thai Excise Department is poised to boost the tax on “big bikes” by 100,000 baht starting at the beginning of next year. The new tax will reflect motorcycle CO2 emissions. The director of the department’s Bureau of Tax Planning, Nutthakorn Utensute, says the Cabinet will adjust the tax increase for high-powered motorcycles based on their CO2 emissions,…
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Chiang Mai hotel has big plans for Loy Kratong
137 Pillars House in Chiang Mai has made elaborate arrangements for next month’s Loy Krathong festival, better known as Yi Peng in the North. The full moon on November 11 will see celebrants floating lotus-shaped krathong with flowers, candles and incense on rivers and canals to pay respect to the water spirits and carry away the sadness and setbacks of…
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Viral video of Pattaya bus driver arguing with suspected illegal tour guides sparks investigation
Pattaya Tourist Police have begun an investigation into suspected illegal tour guides after a video of a frustrated bus driver arguing with the guides went viral on social media. The Pattaya News reports that the bus was carrying Chinese tourists and the video shows the driver asking the tour guides where they wanted to go. The guides appear to be…
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Arrest warrant issued for Korean suspected of stabbing another Korean man in Pattaya
Police in Pattaya have issued an arrest warrant for a 38 year old Korean man, named as Keunhei Park, who is the chief suspect in the stabbing of another Korean national. The Pattaya News reports that the victim is an expat man who was stabbed seventeen times in the early hours of Thursday morning. He is understood to have undergone…
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