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Can automation and AI be vital tools in Thai forex markets?
In Thailand's rapidly evolving financial landscape, Forex is a vital channel for retail and institutional investors. In recent years, Thailand's trading community has turned to algorithmic solutions and Artificial Intelligence (AI) for the foreign exchange market. Automated trading systems are...
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Golden eel ‘hooks’ Prachinburi locals with luck-boosting hopes
A golden eel caught the attention of locals in Prachinburi, leading them to believe it would bring good luck and prompting them to keep it. Residents are now flocking to see the eel and hoping to get lucky numbers from it. Residents reported capturing a gleaming golden eel yesterday, August 8, in the village of Moo 6, Hua Wa Subdistrict,…
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Kuwaiti Embassy urges citizens to follow Thai Laws
The Embassy of the State of Kuwait in the Kingdom of Thailand, under the leadership of His Excellency Ambassador Mohammad Hussain Al-Failakawi, is closely monitoring recent events that took place in Pattaya City. Ambassador Al-Failakawi has emphasised the importance of Kuwaiti citizens strictly adhering to the instructions and guidelines issued by the Embassy, as well as the laws and regulations…
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Mortgage rejection rates to rise for homes under 3 million baht
Mortgage applications for homes priced below 3 million baht are expected to continue facing high rejection rates for the next two years due to a slowdown in the residential segment. A research centre under the Siam Commercial Bank Economic Intelligence Centre (SCBEIC), reports that house sales priced under 3 million baht in the Bangkok Metropolitan Region (BMR) are likely to…
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Phuket hotel and police accused of covering up fatal electrocution
The family of a Thai woman electrocuted to death in a Phuket hotel is seeking justice after they accused the hotel and police of attempting to cover up the cause of her death to avoid taking responsibility. The 26 year old woman, Kanokwan “Nam” Intachak, worked as an assistant chef at a well-known hotel in Phuket and died while working…
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VietJet to receive ten Airbus jets amid aircraft shortages
VietJet, the Vietnamese budget airline, will receive up to ten Airbus jets this year, as revealed today. The delivery comes as local airlines grapple with aircraft shortages driven by engine recalls and elevated leasing costs. VietJet announced the upcoming arrival of new jets, specifically the A321neo ACF model, starting this month. This move is part of a significant expansion, with…
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PTT Station cuts petrol and gasohol prices by 30 satang per litre
PTT Station announced a reduction in retail fuel prices, effective from 5am tomorrow. Petrol and all types of gasohol will drop by 30 satang per litre, with diesel prices remaining unchanged. The cut means petrol will now be priced at 44.94 baht per litre. Gasohol 95 will be 37.05 baht per litre, Gasohol 91 at 36.68 baht per litre, E20…
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Foreign man in Phuket protests after Thais take over his home
A foreign man in Phuket submitted a complaint to the Ministry of the Interior after a bunch of Thai people took over his home. The Phuket Times shared a picture of the foreign man, whose identity was not revealed, protesting on Cherngtalay Road on Wednesday, August 7. The foreigner was sitting outside Krungthai Bank with a sign written in four…
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Former boxer gets ‘knocked out’ by cops for online gambling
Police from the Central Investigation Bureau (CIB) arrested a well-known former boxer for promoting online gambling websites. The arrest took place yesterday, August 8, with the boxer admitting to receiving 2,500 baht per post. The Central Investigation Bureau (CIB), in collaboration with the Technology Crime Suppression Division (TCSD), apprehended the former professional boxer and popular influencer, Thawon (surname withheld). He…
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Fungi frenzy: Termite mound sprouts local ‘mushroom’ for interest
A large number of mushrooms sprouting from a termite mound behind a monk’s quarters today attracted a significant amount of local interest. Two elderly women plan to cook the mushrooms and offer them to the monks as alms. Termite mushrooms, known locally as “hed plouk,” were discovered sprouting on a termite mound behind the quarters of a monk named Sumet…
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Mother’s Day tourism in Thailand to generate 9.39 billion baht
Tourism income from 2.6 million domestic trips during the Mother’s Day holiday this year is expected to reach 9.39 billion baht, according to the Tourism Authority of Thailand (TAT). This figure shows a slight decline from the 9.58 billion baht revenue recorded during the back-to-back long holidays in July. TAT Governor Thapanee Kiatphaibool attributed the weaker projection for the Mother’s…
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Rayong woman scoops lottery 19 times, credits monk’s blessing
A multi-winning Rayong woman, who has scooped the national lottery in Thailand 19 consecutive times, is preparing for the next draw on August 16 after crediting her luck to a monk’s blessing. At 3pm yesterday, August 8, the 51 year old woman, known for owning several popular plant shops in Rayong, opened a free food stall serving som tam to…
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Thai ministry tackles substandard imports threatening SMEs
The Commerce Ministry has partnered with ten government agencies to implement measures aimed at reducing the influx of low-priced, substandard imported goods, which pose safety risks to consumers purchasing from both online and offline vendors. The Commerce Permanent Secretary, Vuttikrai Leewiraphan, highlighted that the rise of Chinese e-commerce platforms using a direct-to-customer model allows buyers direct access to inexpensive products…
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ASEAN Troika Plus meeting on Myanmar crisis likely post-summit
The Ministry of Foreign Affairs (MFA) announced that the ASEAN Troika Plus meeting aimed at addressing the Myanmar crisis may take place after this year’s ASEAN Summit. The Deputy Director-General of the Department of ASEAN Affairs, Bolbongse Vangphaen, revealed that Laos, the ASEAN chair for the year, endorsed Thailand’s proposal for the ASEAN Troika Plus meeting during the 57th ASEAN…
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Teen shot dead in Yala amid rising gang violence
Yala witnessed a tragic incident when two teenagers on a motorcycle shot at another group of youths, resulting in one fatality and one severe injury. The police have been struggling to control frequent gang-related violence in the area. Yala City Police Station yesterday, August 8, received a report of a shooting at the entrance of Banogo Tuen Ngor Alley in…
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Thailand probes ex-MFP MPs over lese majeste law support
An ethical investigation into 44 former members of the now-dissolved Move Forward Party (MFP) has been initiated by the National Anti-Corruption Commission (NACC). These politicians are under scrutiny for their support of a bill intended to revise the lese majeste law, as confirmed by the NACC yesterday, August 8. NACC Secretary-General Niwatchai Kasemmongkol revealed that the commission has found sufficient…
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Thailand’s online fraud hits a new ‘baht’-tering high
Thailand last month witnessed a dramatic surge in online fraud, with a staggering 34,989 cases reported and total losses hitting a whopping 3.47 billion baht. That’s an eye-watering average daily loss of 111.98 million baht. Meanwhile, requests to freeze suspicious accounts topped 13.54 billion baht, with police managing to lock down 1.49 billion baht. Deputy Government spokesperson Karom Phonphonklang highlighted…
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WHA Corporation invests 60 million baht in AI for green logistics
WHA Corporation, Thailand’s leading developer of built-to-suit logistics facilities, is intensifying its investment in artificial intelligence (AI) to enhance its green logistics operations and ultimately transition into a tech company. This year, WHA plans to allocate 60 million baht to AI technology, which is expected to significantly boost business efficiency, according to the Group Chief Executive and Chairman of the…
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Norwegian man falls to his death from 16th floor of Pattaya condo
A Norwegian man allegedly committed suicide by jumping from the 16th floor of his condominium in Pattaya yesterday, shocking his Thai wife, who was cooking in the kitchen. The wife contacted officers from Mueang Pattaya Police Station to report the death of her husband, 88 year old Jan Asbjorn Hauge, at their condominium in the Jomtien neighbourhood of Pattaya. The…
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Motorcyclist critically injured by drink driver in Pattaya car collision
A motorcyclist suffered critical injuries in Pattaya following a collision with a car. The incident occurred at 1am yesterday, August 8, on Sukhumvit Road near the Chaiyaphruek intersection, heading towards Sattahip, in the Nongprue sub-district of the Bang Llamung district, Chon Buri province. Rescue volunteers swiftly responded to the scene. Police discovered a grey Honda Jazz with severe front-end damage…
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Thai Union posts 1.2 billion baht Q2 profit, up 14.2%
Thai Union Group Plc has recorded a net profit of 1.2 billion baht in the second quarter of this year, marking an increase of 14.2% compared to the same period last year. Sales for the group rose by 3.6% year-on-year, reaching 35.3 billion baht. The gross profit margin remained at 18.5%, the second-highest in the company’s history. The net interest-bearing…
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Chinese man suspected in death of Lao girlfriend in Chon Buri
An overstaying Chinese man told police that his Lao girlfriend chased him from her condominium in Chon Buri and had nothing to do with her death. She was later found dead in the bathroom with a severe cut to her throat. The cause of her death remains unclear. A 25 year old woman, Nong, reported the death of her 28…
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Cops ‘call’ it quits on Sri Racha call centre scam operation
Police in Sri Racha dismantled a call centre scam operation that had recently relocated from neighbouring countries to a secret base within the Chon Buri province. This action, executed yesterday, August 8, was part of a concerted effort by Thai law enforcement to combat fraudulent activities targeting Internet users. The crackdown followed the disruption of the scammers’ underground internet cables…
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Pattaya vendors fined for causing a ‘jam’ on Pattaya-Naklua road
Vendors operating along Pattaya-Naklua Road have come under scrutiny for causing traffic congestion with their sidecars while selling goods and food. This issue prompted numerous complaints from both residents and tourists, urging the city to take action. In response, Pattaya municipal officers inspected the area. During their visit, officials informed the vendors about their violations, highlighting how their roadside stalls…
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Transwoman arrested for murder of Nonthaburi university student
Police arrested a Thai transwoman in the northern province of Nakhon Sawan for the murder of a university student at a dormitory in Nonthaburi province, Bangkok. The suspect claimed that financial issues motivated her crime. The 22 year old university student, Wissawa “Sun” Tamprasit, was found dead in his room on the sixth floor of a dormitory in Nonthaburi province…
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AI and supply chain attacks top cyber threats, warns Kaspersky
Supply chain attacks, vulnerabilities in artificial intelligence (AI), and the infiltration of trusted communities are emerging as significant cyber threat trends, according to Russian security firm Kaspersky. Ransomware remains the most prevalent form of cybercrime globally, with perpetrators operating it as a business model known as ransomware as a service. Igor Kuznetsov, Director of Kaspersky’s Global Research & Analysis Team,…
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Rayong governor assesses delayed U-Tapao Airport progress
Deputy Prime Minister Phumtham Wechayachai, along with Vice Minister for the Office of the Prime Minister Nahathai Tiwphaingam and Rayong Governor Traipob Wongtrairat, visited the delayed U-Tapao Airport and Eastern Aviation City development project sites yesterday to assess ongoing progress. Tharit Issarayangyun, Deputy Secretary-General of the Eastern Economic Corridor (EEC), provided a comprehensive progress update on the project, which is…
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Yellow and Pink monorails getting a ‘wheel’ new level of safety
Reinforcement of the guidewheels on all Yellow and Pink monorail trains has been announced to enhance the systems’ safety in Bangkok. The director of Eastern Bangkok Monorail Co (EBM) and Northern Bangkok Monorail (NBM), Surapong Laoha-unya, who is also the CEO of BTS Group Holdings, revealed the initiative yesterday, August 8. This decision follows an incident on January 2 when…
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Herbal hustlers busted in Pattaya: Foreign workers found
Law enforcement officers yesterday raided three herbal product stores in Pattaya, uncovering a tangled web of deceit, illegal employment, and dubious health claims. The raid was triggered by complaints from the Pattaya Indian Community Association, which accused certain stores of ripping off customers with overpriced and ineffective herbal remedies. It was alleged that these businesses were using foreign nationals to…
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Bangkok agricultural fair celebrates Queen Sirikit’s birthday
In a grand celebration of Her Majesty Queen Sirikit the Queen Mother’s 92nd birthday, the Queen Sirikit Park Foundation, alongside 26 state and private organisations, launched a spectacular agricultural fair at Queen Sirikit Park in Bangkok’s Chatuchak district. Running from tomorrow, August 9 until August 14, the fair promises to be an extraordinary event, honouring the Queen Mother’s enduring legacy.…
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Thailand new generation drive sales surge despite economic woes
Luxury retail has skyrocketed, with sales in the first half of this year soaring to four times the levels seen in 2019, before the Covid-19 pandemic hit, according to a market survey by The 1 Insight. This staggering growth comes despite a sluggish economy, thanks largely to the spending habits of new-generation shoppers. The 1 Insight report highlights the resurgence…
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