Thailand News
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Sponsored How to reduce out-of-pocket medical expenses in Thailand?
Managing medical expenses in Thailand is important as healthcare costs continue to rise. The country’s healthcare system includes both public and private options, but even with the Universal Coverage Scheme (UCS) for citizens, many still face high out-of-pocket medical expenses....
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“No liquidity crunch” – Thai Airways’ President
PHOTO: Sumeth Damrongchaitham, Thai Airways’ President “Deputy PM says the rehabilitation plan had been implemented for a while now, but there was still no sign of the losses easing.” The President of national flagship carrier Thai Airways International is denying reports that it is experiencing a liquidity crunch. Sumeth Damrongchaitham claims that Thai Airways has sufficient cash flow “for present…
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Anti-corruption body calls for transparency over controversial herbicides decision
PHOTO: Ricehopper The Anti-Corruption Organisation of Thailand is joining the anti-paraquat bandwagon with its call for all parties concerned to take a clear stand on the three controversial herbicides – paraquat, glyphosate and chlorpyrifos. In a statement issued today, the ACT praised Thai PM Prayut Chan-o-cha for making clear his desire for a complete ban on the weed-killers, while calling…
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Alcohol ban may be on the horizon for two important holidays
PHOTO: You Tube/Paolo from Tokyo A couple of alcohol-free days may be looming as two significant national holidays approach. The first is October 13, which will mark the third anniversary of the passing of King Bhumibol Adulyadej. As it falls on a Sunday this year, the bank holiday will be observed on Monday, October 14. October 13 is also the…
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PropTech company targeting global expansion? FazWaz raises Pre-Series A
FazWaz, a PropTech company focused on making real estate transactions cheaper, simpler and more efficient announced today that is has secured an undisclosed 7 figure USD amount in a pre-series A round led by a Singaporean group. The funding will enable the FazWaz Group to expand its market share in Thailand, and continue its overseas expansion into the UAE. The…
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Property Perfect launch promotion to boost flagging condo sales
Thailand’s property market will grow only 3 – 5% this year and the condo market is likely to end up 25% down – the executive director of Property Perfect claims it’s the the most severe situation in 10 years. The Nation reports that Wongsakorn Prasitwipat is primarily blaming the loan-to-value measures imposed by the government on Thai banks last April, along…
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Thai police to stop background checks on Muslim students
PHOTO: Chiang Rai Times Thailand’s Special Branch police have agreed to drop their request for universities to provide them with background information on Muslim students. Thai PBS World reports that Rangsiman Rome, spokesman for the House Committee on Laws, Justice Process and Human Rights, says Special Branch has communicated their decision to the committee. Mr Rangsiman says Muslim students have…
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Round two of the “Eat, Shop, Spend” tourism stimulus
Round one of “Eat, Shop, Spend” (Chim, Shop, Chai) was a resounding success with the allotment for registrations completely subscribed on the days of registration. It was a 1,000 baht ‘gift’ to encourage Thais to travel and spend outside their home provinces. Now the government are rolling out the second round of the stimulus packages to keep the local tourism…
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Draft bill to inspect e-bank transfers over 50,000 baht
The Deputy Government Spokesman Rachada Dhnadirek says the Cabinet has now approved a draft bill proposed by the Anti-Money Laundering Office (AMLO) to inspect electronic transactions exceeding 50,000 baht, in a move to combat money laundering and financing of terrorists. According to international standards, Thailand has been found lacking on 17 issues in relation to preventing money laundering and the…
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Thai state railway board members resign, effective immediately
Two days ago the story about the transport Minister pressuring board members of the State Railway of Thailand (SRT). Two days later, not some but ALL, board members of the SRT, including the board’s chairman Kulit Sombatsiri, tendered their resignations to Transport Minister Saksayam Chidchob. Effective immediately. The Nation reports that Kulit denied reports that the mass resignation was due…
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Stop growing marijuana without our permission, warns Thai narcotics board
PHOTO: Rick Proctor/Unsplash.com The Office of the Narcotics Control Board (ONCB) in Thailand is warning the public that cannabis plants cannot be grown at home without official permission, adding that the law is clear the plants can only be grown for medical use and research purposes. It’s understood that since use of the drug for medicinal purposes was legalised earlier…
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Thais most likely to abuse tourist visas in South Korea
MONTAGE: TNews The South Korean Government reports that there are about 370,000 illegal immigrants in the country. Thais are the number one offenders as the highest number of illegal immigrants living and working in South Korea. The South Korean Ministry of Justice has revealed the official number of illegal immigrants living and working in South Korea is 370,889 illegal immigrants,…
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