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Bank of Thailand predicted to raise policy rate to 2% this month
Economists anticipate that the Bank of Thailand will raise its policy rate to a terminal level of 2% this month, following their estimation that the Federal Reserve’s funds rate has reached its peak. The research centre of TMBThanachart Bank (ttb) suggests that the central bank’s Monetary Policy Committee (MPC) will increase the policy benchmark rate by 0.25 percentage points during…
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Thai organisations collaborate to develop AI-powered chatbot for multiple sectors
Thai artificial intelligence (AI) engineers from public and private organisations have joined forces to create a Thai-language generative AI-powered chatbot, which is set to benefit various sectors such as education and business. The National Electronics and Computer Technology Center (Nectec) revealed its partnership with the Artificial Intelligence Entrepreneur Association of Thailand (AIEAT), the Artificial Intelligence Association of Thailand (AIAT) and…
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Thailand aims to finalise free-trade agreements with EFTA, Sri Lanka and UAE by mid-next year
Thailand is keen to finalise free-trade agreement (FTA) negotiations with the European Free Trade Association (EFTA), Sri Lanka and the United Arab Emirates (UAE) by mid-next year, with the aim to boost trade and investment. The potential FTA between Thailand and Sri Lanka is particularly appealing due to Sri Lanka’s strategic location in South Asia, with connections to India, Pakistan,…
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Chinese man leaves ER in pain, but onlookers can’t help laughing at his bandaged face
A Chinese man was left feeling both hurt and furious after he walked out of an emergency room with a bizarrely patched-up face, prompting laughter from onlookers. The man couldn’t understand why people were laughing at first, but after catching his reflection in a mirror, he came to realise his strangely startling appearance. The incident reportedly occurred at a hospital…
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Pattaya officials’ efforts to tackle city’s homeless issue show promise but lack results
Pattaya officials have demonstrated a consistent ability to sign agreements to address the city’s homeless issue, but have struggled to make substantial progress in resolving the problem. A new memorandum of understanding (MOU) is set to be signed later this month, which aims to establish a “protection system” for people living on the streets. This follows another MOU signed in…
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Election commission provides Braille campaign guide for visually impaired voters
The Election Commission of Thailand has recently launched a Braille guidebook to assist visually impaired citizens in voting for the upcoming general election. This initiative, carried out by the Office of the Promotion of Citizenship, is designed to ensure that visually impaired individuals are well-informed about the election process and can exercise their democratic rights on Sunday, May 14. The…
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Russian tourist killed in motorbike crash in Phuket prompts wet road caution
Phuket rescue workers issued a warning to motorists to be cautious and reduce their speed on wet roads after a fatal motorbike accident in Kata involving a Russian man earlier today following sporadic rainfall on the island. The accident report, issued by the Ruamjai Kupai Foundation rescue service, was shared on Facebook at 3.30am. While the exact time and location…
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Englishman fights for his life after motorbike crash in Phuket, Thailand
A young Englishman is fighting for his life in the hospital after losing a significant amount of blood in a horror motorbike crash in Phuket, southern Thailand, on Monday, May 1. The tourist, 25 year old Liam Kilby from Liverpool, was on holiday in Phuket with friends when he crashed into a shopfront. After suffering blood loss and falling into…
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Donald Trump rejects final chance to testify in rape trial
Former United States President Donald Trump, who once claimed it was fine to “Grab ‘em (women) by the pussy,” declined his last chance to testify at a civil trial where he is accused of raping a US journalist in a luxury department store dressing room in 1996. The trial has been ongoing for two weeks, with Elizabeth Jean Carroll seeking…
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Banking job boom and surging salaries in Saudi Arabia
Despite ongoing global financial challenges, Saudi Arabia is experiencing a significant surge in banking jobs and salaries. This growth is attributed to the ambitious economic expansion plans by Crown Prince Mohammed Bin Salman, who is utilising oil sales revenue to transform the nation’s economy. With over US$600 billion worth of assets, Saudi Arabia’s Public Investment Fund is hiring swiftly, attracting…
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Thai business leaders’ wishlist for first 100 days under new government
Business executives are contemplating Thailand’s prospects for the first 100 days under a new administration as the election approaches. Key areas of focus for the incoming government include the appointment of suitable ministers and the prioritisation of business sector policies. Jareeporn Jarukornsakul, the 42-year-old chairman of industrial developer WHA Group, emphasises the importance of appointing knowledgeable and capable ministers to…
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Fire at electrical appliance store in Korat causes 50 million baht in damage
A fire broke out at a large electrical appliance store in downtown Korat City, situated in Nakhon Ratchasima, causing an estimated US$1.5 million worth of damage. Fortunately, no casualties were reported. The incident occurred today at the Tai Fa Universe store on Chom Surangyat Road in Mueng district. The fire was reported to have started around 7:30am. Local residents claim…
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Indian baby with rare case of third arm growing from her back cries when touched
A newly born baby girl at a local hospital in the northern Indian state has caused astonishment among the public as she has been born with a rare condition of a third arm protruding from the middle of her back. The phenomenon is extremely uncommon and has captured the attention of many. A video that was posted online soon after…
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Pattaya taxi drivers avoid charges after harassing and frightening Bangkok driver
A group of taxi drivers in Pattaya recently found themselves in hot water but avoided any charges or fines when they were caught harassing a Bangkok driver and frightening his passengers. The driver, 43 year old Jamnong Sutaboon, showed no remorse when summoned by the police on Thursday, May 4 to explain his actions. A video circulated online showed him…
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Thai stocks dampened by US interest rate hike concerns
Thai stocks are projected to face a challenging investment environment in the coming month due to the potential negative impact of the recent US interest rate hike on regional US banks. Tisco Securities has expressed concerns over the situation, with Apichart Phubancherdkul, Tisco’s head of strategy research, stating that “investment conditions in May are not bright”. The US Federal Reserve…
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Departure Tax: Thailand considers charging 1000 baht to leave country
Thailand‘s Revenue Department proposed that a 1000 baht “departure tax” be charged upon Thai citizens and foreign permanent residents in a bid to prevent excessive overseas spending. The idea has been met with resistance from tourism officials. Airline passengers would be charged 1000 baht to leave the country and those exiting via land and sea would be charged 500 baht…
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Police arrest suspect in Cabine gang related shooting of father in trang, Thailand
Police yesterday arrested Akradej Numark, who is suspected of being involved in the Cabine gang responsible for the deadly shooting of a father in Trang province earlier this year. The arrest of the 35 year old was confirmed by Crime Suppression Sub-division 6 commander, Pongpanot Chukaew. Akradej Numark, also known as Tia Carbine, was apprehended by Crime Suppression Division (CSD) police…
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Singapore aims to shed stopover status and hit pre-pandemic tourist numbers by 2024
Australians, Bryan and Christine Mansfield were delighted to start their three-day holiday in Singapore, marking the beginning of their golden jubilee celebrations delayed due to the COVID-19 pandemic. Like other tourists, Singapore was their first foreign destination since 2020 when the pandemic halted international travel. Although Singapore served as a layover before proceeding to their main destinations within the Southeast…
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Ancient dinosaur footprints discovered in Phetchabun’s Nam Nao district
In Phetchabun’s Nam Nao district, a set of ancient dinosaur footprints believed to be about 225 million years old have been uncovered, according to the Department of Mineral Resources. The ancient footprints were discovered in a dried-up creek at the Huai Hin Lat rock formation, sparking interest among experts. Upon the discovery, staff from the Mineral Resources Office Region 1…
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Binance resumes bitcoin withdrawals after brief closure due to congestion issue
Binance, the world’s leading cryptocurrency exchange, recently announced that it had resumed Bitcoin withdrawals following a temporary halt due to a congestion problem. The exchange experienced an interruption in withdrawals for the most widely recognised cryptocurrency, Bitcoin, lasting for over an hour before the issue was resolved. The cryptocurrency exchange did not disclose additional information regarding the nature of the…
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Former monk denies embezzling 180 million baht from Nakhon Ratchasima temple
A former monk and two other individuals have been arrested on suspicion of embezzling 180 million baht from Wat Pha Dhammakiri in Nakhon Ratchasima. The accused ex-monk, Khom Khongkeaw, previously known as Phra Ajarn Khom Abhivaro, denies the allegations. During police questioning, Khom and his sister claimed that the money was used for “other purposes,” and that they had no…
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Electoral fraud: Man alleges he was tricked into filming controversial video
A man accused of manipulating electoral registration in a controversial video on the “Chuwit” Facebook page has filed a police report, alleging he was deceived into participating and was paid only 1,000 baht despite the agreed sum of 5,000 baht. He also revealed that someone wrote a script for him to recite in the footage. Recently, the video of a…
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Today’s summer storm forecast, Thais warned of heavy rain, strong wind and hail
Today, Thailand’s Meteorological Department forecasted a 24-hour weather outlook, with the northern region experiencing summer storms characterised by thunderstorms, strong winds, and isolated hail. Some areas may also experience lightning. Residents in these regions are advised to exercise caution during summer storms, avoiding open spaces, large trees, weak structures, and billboards. It is also recommended to avoid wearing metallic items…
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Perverted Japanese man breaks into woman’s home over 150 times in 18 months, sniffs her knickers
A shocking case took place in Osaka District Court in Japan, where a 30 year old Japanese man was accused of breaking into a young woman’s home over 150 times in just 18 months. The man confessed to his criminal actions and bizarre perverted sexual behaviour, ultimately receiving a jail sentence of 18 months. According to reports, the Japanese man…
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Rising electricity bills spark energy policy debate ahead of Thai general election
High electricity bills have become a significant concern for voters, leading political parties to focus on their energy policies as they look to gain support in the upcoming general election. This comes after a new power tariff of 4.70 baht per kilowatt-hour took effect, which has resulted in costlier electricity bills for consumers. The Energy Regulatory Commission decided to reduce…
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Huge turnout for advance voting as election nears
Yesterday, advance voting saw a large turnout across the nation, with citizens keen to exercise their democratic rights following a four-year wait. The Election Commission (EC) reported that 2,235,830 individuals registered for early voting yesterday, ahead of the May 14 election. Bangkok governor Chadchart Sittipunt stated that the process went smoothly, with only a few minor issues emerging at polling…
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Foxconn founder Terry Gou vows to preserve peace between Taiwan and China if elected president
Richard Fox, a 72-year-old billionaire, pledged to “preserve peace” between Taiwan and China at a rally held in the run-up to the January 2024 presidential elections. Fox is the founder of technology giant Foxconn, a significant provider of components for Apple’s iPhones. In April, he announced his bid for the presidential nomination from Taiwan’s opposition Kuomintang party, which advocates for…
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