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Moto GP will generate 1 billion baht for Thailand

The Thaiger & The Nation

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Moto GP will generate 1 billion baht for Thailand | The Thaiger

Sports Authority of Thailand Governor Sakon Wannapong says more than 1 billion baht will be generated by the PTT Thailand motorcycling Grand Prix at the Buri Ram International Circuit this October.

The SAT boss said a huge income would be generated during the competition between October 5-7 in the northeastern province. Thailand has a three-year-contract to host the MotoGP and must pay around 400 million baht (100 million baht by the government and 300 million baht by the private sector) each year for the license and organisation.

“Around 100,000 people from all over the world will visit Thailand during that time and boost the country’s cashflow. We will invest 400 million but gain 1 billion, which I think is a great benefit,” Sakon said yesterday.

Sakon confirmed that all the sport’s superstars, including current world champion Marc Marquez of Spain and former champion Valentino Rossi of Italy, had signed up for the Winter Test from February 16-18.

Those two stars will also bring their favourite items to be auctioned off for charity on Sunday, February 18.

Moto GP will generate 1 billion baht for Thailand | News by The Thaiger

Sports Authority of Thailand governor Sakon Wannapong shows the first Ptt Thailand Grand Prix ticket that he purchased.

On February 17, Sakon will lead a convoy of bikers from SAT office in Bangkok to Buri Ram as a part of promotional activities for the Winter Test and PTT Thailand Grand Prix.

Tickets for the MotoGP Thailand went on sale yesterday at at 7-Eleven shops. Grandstand tickets cost 4,000 baht and it is 2,000 baht for the side stands. There is a 15 per cent Early Bird discount for those buying tickets before February 19 and Sakon himself bought the first ticket yesterday at 3,420 baht, the discounted price from 4,000 baht.

Sakon said all hotel rooms in Buri Ram have been fully booked during the October race but homestays in the province are still available as a new option for fans.

Moto GP will generate 1 billion baht for Thailand | News by The Thaiger



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Bangkok

Porsche driver charged with reckless driving after death of two women

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Porsche driver charged with reckless driving after death of two women | The Thaiger

Bangkok Police have charged a Porsche driver who crashed into a motorcycle, killing two women, one of them also losing her unborn baby and being rushed to hospital, only to die soon after.

The accident also damaged a roadside motorcycle-repair shop.

The original report from The Thaiger HERE.

Police announced that Somkiat Pakdeenok had been charged with reckless driving causing death and injury. He was tested for alcohol consumption and the results could lead to further charges.

Police spoke to reporters after outrage mounted on social media over the weekend amid reports that the driver in the crash in Nong Khaem district had been removed from the scene while victims lay dead and injured.

One of the women died instantly at the scene. The other lost limbs as well as her unborn baby and succumbed to her injuries soon after being taken to hospital.

While claims were persisting that no one had yet come forward with offers of help or restitution for the family of the women killed, another report indicated the driver’s wife contacted police to offer each the families of the women killed 50,000 baht for funeral expenses, (about the cost of an iPhone). The wife insisted her husband was not drunk.

The driver is reported to have crawled from the wreckage with broken legs, possibly intoxicated, and been placed in a Toyota Fortuner, which sped away before emergency responders arrived.

Acquaintances of the dead women spread the story online with a hashtag referring to cases of wealthy people going unpunished for their crimes.

Wongsatorn Karnsasomsap, owner of the repair shop that was damaged in the incident, says that the Porsche driver had not yet contacted him about paying for an estimated 300,000 baht in damages. He and his friends could have been crushed too had they remained sitting inside the shop as usual, he said.

One friend, Somkid Maneetham, said he heard the sound of brakes just as he was about to leave on his motorcycle.

“I gunned the engine to get out of the way and then heard a bang and went back to help the victims,” he said.

Unconfirmed reports suggest the Porsche driver may have been “showing off” when the accident occurred.

Porsche driver charged with reckless driving after death of two women | News by The Thaiger Porsche driver charged with reckless driving after death of two women | News by The Thaiger

SOURCE: The Nation

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Phuket

Water shut offs to hit parts of Cherng Talay for two weeks

The Thaiger

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Water shut offs to hit parts of Cherng Talay for two weeks | The Thaiger

The Phuket Water Authority (PWA) has announced that water supply in some areas of Cherng Talay will be shut off from March 19 – 31 at ‘some times’ during the day.

Water will be shut off while work is being carried out on moving main water pipes. Areas to be affected include parts of Cherng Talay.

“Residents in these areas should save water to use during the period of the shutoffs.  Water might have some discolouration after the repairs. We will complete the works as soon as possible. We apologise for any inconvenience.”

For more information, please call the PWA at 076 319 173, 082 790 1634

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Business

King Power’s duty free monopoly under review

The Thaiger & The Nation

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King Power’s duty free monopoly under review | The Thaiger

King Power Duty Free’s monopoly of duty free concessions at some of Thailand’s busiest airports may be coming to an end.

The Thai PM has warned against the “monopolisation” of the country’s airport duty free sector ordering a review of the auctioning process that could threaten the multi-billion-dollar empire of current concession holder King Power.

Thailand expects to welcome over 40 million foreign visitors this year, mostly through its airports which rake in an estimated US$1.9 billion a year in duty free sales.

Airports of Thailand (AoT) awarded King Power the sole concession back in 2006 but is set to expire in September 2020. AoT is a state-run enterprise.

King Power was founded by Vichai Srivaddhanaprabha, the tycoon who made billions from duty free stores and invested in everything from hotels, property and, famously, the Leicester City football club. His helicopter crashed outside the club’s home ground in October last year. According to Forbes Magazine, Vichai had handed his empire to his youngest son Aiyawatt. At his death the company was valued around US$5.8 billion,

The new contract for duty-free sales, AoT says, will be managed by a single company with a proven track record of experience in the sector, creating fears of a prolonged monopoly.

But PM Prayut Chan-O-Cha has stepped in saying the government has received complaints from interested parties “on the issue of monopolisation”. He assigned an urgent review of the bidding to find a “suitable process to be fair”.

Thailand’s Mall Group and shopping empire Central Group are eyeing entry into duty-free while South Korean giant Lotte is also wanting to bid for the valuable concession.

Last year, a Thai court rejected an attempt to sue King Power for hundreds of millions of dollars in unpaid revenue to the airport authority.

SOURCE: The Nation

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