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Why traders in Thailand are choosing EC Markets for gold and forex trading
Gold and forex trading have long been favourites among investors in Thailand, but why are so many traders now turning to EC Markets? The answer lies in a combination of tight spreads, ultra-fast execution, Thai baht (THB) deposit support, and...
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Chinese travellers forced to stay home as rest of Asia re-opens to tourism
With Asian countries re-opening to foreign arrivals, there will be one significant tourism market missing for now – the Chinese. In China, according to a Reuters report, international air travel is currently at just 2% of pre-pandemic levels, as officials continue to pursue zero-Covid status. The absence of Chinese visitors will mean a US$255 billion annual spending hole in the…
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Bitkub company and crypto-coin value surges as SCB buys 51% of shares
Cryptocurrencies just got a big boost in Thailand as Siam Commercial Bank Group’s parent company SCBX struck a deal to take over 51% of shares of Bitkub from its parent company Bitkub Capital Group Holdings, a deal valued at 17.85 billion baht. SCB Securities will hold the shares and collaborate with Bitkub to create a national infrastructure with a digital…
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4.4 billion baht Supreme Court corruption case about futsal courts
The Supreme Court of Thailand has accepted a major corruption case to go to trial regarding low-quality futsal courts nearly 10 years ago worth 4.4 billion baht. The wide-reaching case regarding poorly built playing areas for futsal, a game similar to football that is popular in Thailand, will require Thailand’s chief whip, Wirat Rattanaseth, to cease his MP role while…
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Thailand ranks ninth on Global Climate Risk Index for “extreme weather events”
When it rains, it pours in Thailand… and torrential downpours during the country’s monsoon season is known to cause severe flooding, damaging property and leading to injuries, sometimes deaths. The weather in Thailand is considered so intense that the country is ranked ninth on the Global Climate Risk Index 2021 on nations most affected by “extreme weather events” between 2010…
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Thailand’s reopening expect to boost Phuket’s tourism industry
The reopening of Thailand on Monday is expected to boost Phuket’s hard-hit tourism industry. Yesterday, the President of the Phuket Tourism Association said that the island is expected to receive up to 10,000 visitors a day in December, and as many as 1 million arrivals in the first quarter of 2022. This comes after the recent Airports of Thailand announcement…
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Thai court hands 4-year prison sentence to man for selling used medical gloves
An employee of the company accused of exporting millions of used medical gloves to buyers in the US has been sentenced to four years in prison. A recent investigation by CNN reported that the Thai-based Paddy the Room Trading Company sold and exported millions of dirty, used medical gloves, some with bloodstains, to American companies looking to cash in on…
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National Anti-Corruption Commission finishing up probe into Joe Ferrari’s unusual wealth
The ex-police chief accused of suffocating a suspect to death during interrogation is also being investigated by the National Anti-Corruption Commission for his unusual wealth, especially for a police officer in a rural area on an around 40,000 baht per month salary. The officer is said to have made millions of baht from confiscating luxury cars that had been smuggled…
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Easing of alcohol restrictions hinges on Covid-19 infection and hospitalisation rate
The National Security Council says any easing of alcohol restrictions will depend on the Covid-19 situation. NSC boss Supoj Malaniyom adds that the 17 provinces open to tourists are likely to be the first to see nightlife permitted to return. According to a Bangkok Post report, the sale of alcohol in restaurants could also be extended, provided the Covid-19 situation…
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Bangkok landmarks like Wat Po are not seeing many tourists
The doors are open, flights are landing, international tourists are finally allowed back in the country as of Monday. But popular tourist attractions like Wat Pho and Wat Phra Kaew are so far not seeing an increase in foreign visitors. The temple complex by the Grand Palace that holds such national treasures as the Reclining Buddha and the Emerald Buddha…
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Disgraced cop Thitisan and 6 other officers charged in death-in-custody case
Disgraced police chief Thitisan Utthanaphon and 6 other officers have been charged in an investigation into the death of a man in custody. The victim, 24 year old Chiraphong Thanapat, died while under interrogation at a police station in the northern province of Nakhon Sawan in August. Video footage that showed Thitisan placing several plastic bags over the drug suspect’s…
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PM says Thailand will step up fight against climate change
Thai PM Prayut Chan-o-cha has vowed to step up Thailand’s focus on tackling climate change. He made this announcement yesterday in Glasgow at the United Nations Framework Convention on Climate Change Conference of the Parties, also known as the COP26. This convention is a forum in which world leaders can meet and make plans to address relevant climate issues. Prayut…
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6,600+ arrive on first day of Thailand’s reopening
Thailand reopened yesterday with quarantine free international travel for vaccinated visitors, with more than 6,600 travellers entering the country. It’s a major step forward for the country after closing borders at the start of the pandemic in March 2020. Fully vaccinated passengers from 63 countries can now enter without having to go through quarantine, with just a minimal isolation period…
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Stabbing spree on Tokyo train Halloween night injures 17
A man dressed in what appears to be a costume of Joker from the Batman comics and movies allegedly went on a stabbing spree on a Tokyo train Halloween night, injuring 17 people. The train had to make an emergency stop and riders escaped the train through the windows. The alleged attacker, 24 year old Kyota Hattori, was arrested and…
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Thailand aviation sector optimistic following November 1 re-opening
Following Thailand’s re-opening yesterday to vaccinated tourists from 63 approved countries, the aviation sector is feeling positive. According to a TTR Weekly report, Thai carriers are hopeful that the re-opening will mean they can restore their schedules to pre-pandemic levels by the end of this year. The current situation is that Thai Air Asia is operating just 10 of its…
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Bangkok governor says no to extending alcohol sales to 11pm
Bangkok governor Aswin Kwanmuang is refusing to budge on the law that bans restaurant alcohol sales after 9pm, at least for now. He was responding to a call from Thanakorn Kuptajit of the Thai Alcohol Beverage Business Association, who has called for sales to be extended to 11pm. According to a Bangkok Post report, Thanakorn believes allowing eateries to sell…
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Suspect in transnational sex trafficking case arrested in Samut Sakhon
A suspect in a transnational sex trafficking case was arrested on Friday in Samut Sakhon, a province just southwest of Bangkok. The suspect allegedly promised a number of Thai women well-paying jobs in massage parlours in Dubai, but once the women were in the UAE, their passports were seized by traffickers and they were said to be forced into sex…
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Protesters rally in Bangkok, call for lèse majesté law to be abolished
Pro-democracy activists gathered in Bangkok yesterday, demanding an end to Thailand’s strict lèse majesté law. The law, officially section 112 of the Criminal Code, prohibits criticising, defaming, or otherwise insulting the monarchy. The authorities have used the law on numerous occasions to levy charges against anti-government protesters, many of whom are now behind bars. Thai PBS World reports that yesterday’s…
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Phuket tourism operators expect 1 million visitors in first quarter of 2022
The head of the Phuket Tourist Association is optimistic about Thailand’s re-opening to vaccinated tourists from 63 countries, which starts today. Bhummikitti Raktaengam predicts the southern island will see 1 million foreign tourists in the first quarter of next year. “Bookings in November increased by 20%, while the load factor for some international flights will also rise to 80%, thanks…
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Thailand re-opens: minimal quarantine for vaccinated tourists from 63 countries
From today, vaccinated tourists from 63 countries can enter Thailand (by air only) with minimal quarantine requirements. Fully inoculated tourists from approved countries only need to wait in their hotel room for the result of their PCR test and are then free to go where they like. The move has been welcomed by a tourism sector crushed by the Covid-19…
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Suan Dusit Poll: It’s time for an election and Prayut wouldn’t win
A new Suan Dusit Poll conducted by Suan Dusit Rajabhat University revealed that the majority of Thai people are ready for a new general election and think early 2022 is the time for it. Over 70% of people surveyed felt that Thailand is ready now for new elections, while only just under 23% opposed the idea, with just under 7%…
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Consular Deparment FAQ on Thailand Pass entry November 1
A thorough infographic of the Thailand Pass process was released by the Consular Department of the Ministry of Foreign Affairs for people planning their travel after November 1. The white text on photo backgrounds might not be the easiest way to digest this complex process, so below is the transcribed text of the announcement with some key new information detailed.…
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Flights to Phuket from Kazakhstan hub Almaty resume today
Today marked the return of Air Astana flights to Phuket from Almaty, the largest city in Kazakhstan, as 165 travellers arrived on a plane this morning. The flight marks a resumption of travel from the former Soviet Union republic and the current 9th largest country in the world by area. Air Astana plans to continue and ramp up the route…
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New ban on rallies enacted just before November 1 reopening
In yet another timing coincidence, the Royal Gazette published new rules yesterday placing a ban on rallies and protests just before Thailand reopens to international tourism. As always, the orders were ostensibly put in place to prevent the spread of Covid-19 in the country and to protect incoming tourists from any possible outbreak. The new ban on rallies and similar…
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Phuket small businesses disadvantaged by SHA+ call for an end
It’s not just travellers frustrated by the SHA+ accommodation requirements to enter Thailand internationally. In Phuket, a group of small hotel owners, transportation drivers, and small tour operators have rallied together to call for the government to cancel the SHA+ requirement that they call a killer for all but the wealthiest of businesses. The province has achieved over a 70%…
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Reopening Monday: AoT ready for 30k at Suvarnabhumi Airport
With the November 1 reopening just around the corner, Bangkok’s Suvarnabhumi Airport is gearing up and expects to see 30,000 passenger arrivals on Monday for the first day of reopening. The Airports of Thailand say that they are ready at all 6 of their international airports for the arrival of international tourists again. Current Suvarnabhumi air traffic data shows a…
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Pattaya frustrated by exclusion from alcohol ban lift in restaurants
While a great many people are thrilled with the plans to allow alcohol to be sold in the key tourism blue zones of Bangkok, Phuket, Krabi, and Phang Nga, there are some who are very angry about it: Pattaya business owners. Local tourism operators a not too pleased that Pattaya and its world-famous wild nightlife that draws millions of visitors…
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Tourism Minister: “Maybe we should’ve confirmed Lisa first”
In a rare apology from the government, Minister of Tourism and Sports Pipat Ratchakitprakan says they announced that Blackpink megastar Lisa would play a New Year’s event without considering any details (like if she was available or interested). After the bold announcement of a massive countdown party to call global attention to Thailand reopening to tourism, multiple government agencies and…
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Chiang Rai police seize 1 million methamphetamine pills
Police in Chiang Rai have arrested 2 men and seized 1 million methamphetamine pills after a car pursuit in the province’s Muang district last night. As reported by the Bangkok Post, narcotics suppression police and soldiers at first attempted to flag down the men’s vehicle, with police then giving chase after the driver accelerated away. A subsequent search of the…
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