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- Business News
Chongqing Sokon Motor plans entry into Thailand’s EV commercial market
Chongqing Sokon Motor, a prominent Chinese vehicle manufacturer, has revealed its plans to enter the electric vehicle (EV) commercial market in Thailand. The company will be collaborating with a local firm on this venture. David Luo, the sales director of Chongqing Sokon Motor, expressed confidence in the potential growth of the commercial EV sector in Thailand and ASEAN, predicting an…
- Thailand News
Thailand’s growing spa industry (video)
President of the Thai Spa Association, Sunai Wachirawarakarn, or Nai, talks about the secrets behind Thailand‘s spa industry meteoric rise and unveils the trends reshaping the wellness landscape. The Thai Spa Association, a non-profit powerhouse dedicated to propelling Thailand’s spa industry, boasts 200 privileged members relishing perks like exclusive newsletters, seminars, and high-profile networking events. Across the Middle East, spa…
- Thailand News
Art extravaganza at BACC: Discover Hong Kong West Kowloon and harmonious generations gala
The Bangkok Art and Culture Centre (BACC) is gearing up for a week of cultural immersion, featuring two events that promise to be nothing short of extraordinary. Unlocking West Kowloon’s Secrets: A 20-Year Odyssey On the 5th floor Auditorium, today, December 19, from 6pm to 7.30pm, join the inaugural session of the BACC Circle executive talk series. Renowned speaker Bernard…
- Business News
Thailand outlines cloud first policy to become Southeast Asia’s AI hub
As part of its vision to become Southeast Asia’s artificial intelligence (AI) hub by 2027, Thailand is strategising to attract more foreign technology investment in cloud data centres. The country’s Digital Economy and Society (DES) Minister, Prasert Jantanaruangthong, has outlined a plan to achieve this aim through a cloud-first policy. This policy emphasises public usage of a single digital ID…
- Aviation News
Pattaya Airways takes flight in Q4 2024
At an exclusive event in Bangkok, the CEO of the Pattaya Group Tosaporn Asunee, announced the imminent takeoff of Pattaya Airways in the fourth quarter of 2024. Tosaporn stated… “We see a rising demand for air transportation services as the post-Covid situation stabilises. “The industry is bouncing back, and the demand is increasing rapidly. Recognising this opportunity for expansion, we decided…
- Thailand News
Revolutionary reforms: Government’s 90-day plan to boost economy
In a move to transform the nation‘s fortune, the Public Relations Department has unveiled a game-changing report highlighting the government‘s efforts to boost the economy over the last 90 days. The report, released with much fanfare yesterday, December 18, boasts an array of initiatives aimed at cutting costs, boosting income, and ushering in a new era of prosperity. Chai Watcharong,…
- Business News
Thai firm energy absolute predicts 20% revenue growth by 2024 driven by EV demand
Energy Absolute (EA), a developer and operator of renewable energy and electric vehicles (EVs) listed on the Stock Exchange of Thailand, anticipates a minimum of 20% revenue growth by 2024. This increase, it suggests, will be primarily driven by the escalating demand for EVs in Thailand. The tourism sector’s recuperation and corporate demand for employee shuttle services are likely to…
- Thailand News
Thai government plans 50-year concession for Land Bridge megaproject
The Thai government is contemplating a 50-year concession for the successful bidder of the Land Bridge megaproject, a venture worth one trillion baht and projected to break even within 24 years. This was revealed by Transport Minister Suriya Jungrungreangkit during the Thailand Landbridge Roadshow event in Tokyo, Japan, where he and Prime Minister Srettha Thavisin sought to attract Japanese investors.…
- World News
A Taiwanese fruit vendor turns heads with bikini attire in cold weather
Over the past week, a rapid plunge in Taiwan’s temperatures to approximately 9 to 10 degrees Celsius has seen many people bundling up to beat the chill. However, a fruit vendor in Changhua City‘s Tianwei Night market has turned heads by braving the cold in nothing but a bikini. The bikini-clad vendor has caused a stir on social media. The…
- Business News
B.Grimm Power advances in renewable energy with Laos hydroelectric investment
With sights set on the renewable energy sector, B.Grimm Power Plc is advancing with a steadfast growth plan. Its most recent stride in this direction involves a joint investment with Ratch Group Plc into a hydroelectric power plant project based in Laos. This step is in line with B.Grimm Power’s GreenLeap strategy, underlining the firm’s ambition to emerge as a…
- Thailand News
Thai farmer crafts cat and fish image from rainbow seedlings in rice field
In northern Chiang Rai’s Ban Khon Sung, an aerial view reveals a captivating image of a cat cuddling a fish, meticulously crafted from rainbow seedlings sprouting in a rice field. This picturesque scene mirrors a traditional Thai proverb symbolising prosperity. The artistic feat is a creation of Farmer Tanyapong Jaikham, who, alongside a group of labourers, planted the seedlings at…
- Business News
Thai feed millers gain sustainable soybean insight at US led conference
A pivotal conference held last Friday by the Thailand Feed Mill Association (TFMA) saw US experts educating local businesses on the principles of sustainable soybean production. This collaborative event with the US Soybean Export Council (USSEC) was aptly named Strategic Insights into Sustainable Practices: A Conclave for Agricultural Stakeholders and Feed Millers. The primary objective was to facilitate knowledge transfer…
- Politics News
Thailand’s prime minister fosters heart-to-heart partnership with Japan
Thailand’s Prime Minister, Srettha Thavisin, has concluded a successful trip to Japan, celebrating a heart-to-heart partnership with the nation, underpinned by strong ties among the citizens of both nations. Prime Minister Srettha’s visit included attendance at the 50th Year of the ASEAN-Japan Friendship and Cooperation Commemorative Summit in Tokyo. Srettha highlighted the long-standing relationship of over 50 years between ASEAN…
- Economy News
Thailand tackles household debt crisis: doubts over effectiveness
To tackle the escalating household debt crisis in Thailand, the government has launched a series of measures aimed at combatting informal debt and loan sharks. However, researchers and industry leaders have voiced concerns about the effectiveness of these measures, urging the government to address the root cause of the problem by ensuring fair income distribution and creating high-income employment opportunities.…
- Northern Thailand News
Thirteen drug traffickers killed in Myanmar border operation
In a dramatic turn of events, a drug suppression operation near the Myanmar border in Mae Fa Luang district, Chiang Rai, resulted in the death of thirteen drug traffickers on Saturday night. Pha Muang Task Force commander, Praphat Phobsuwan made the statement yesterday. The operation, executed by the Pha Muang Task Force’s Thap Chao Tak unit, took place at Pang…
- Crime News
Swift Thai police action recovers tourist’s stolen iPhone on Phuket beach
A European tourist’s holiday in Phuket almost took a dreadful turn when her iPhone was stolen at Ao Yon Beach. However, the quick response of local police in Thailand ensured the stolen item was promptly recovered. On December 14, the tourist is 25 year old Vanessa Aust who reported to Wichit Police that her iPhone 13 Pro had vanished from…
- Thailand News
MFP’s Rangsiman Rome in talks with Royal Thai Army
Rangsiman Rome, Chairman of the State Security Commission Thai border affairs National Strategy and National Reform and a member of the House of Representatives, was in talks with the Royal Thai Army (RTA) in an attempt to build closer relations and gain better mutual understanding. A joint press conference with General Songwit Nunpakdee, Commander-in-Chief of the Armed Forces was held…
- Thailand News
Indian Parliament: Security breach sees teacher arrested (video)
Indian authorities have apprehended a man described as the key accused in the recent Parliament security breach that shocked the nation. Lalit Jha, a teacher who dramatically surrendered to the police in Delhi on December 14, marking a significant development in the unfolding scandal. The security breach, which occurred on the 22nd anniversary of a deadly militant attack on the…
- Thailand News
Foreign buyers flock to Thailand’s tropical condos: Chinese and Russians lead
Foreign buyers such as the Chinese and Russian are dominating the condominium scene, turning Bangkok, Pattaya, and Phuket into international real estate playgrounds. A staggering 10,703 units, raking in a jaw-dropping 52.3 billion baht, exchanged hands in the nine months leading up to September, marking a whopping 38% surge from the previous year, according to the Real Estate Information Center,…
- Thailand News
Thailand’s path to net-zero: 6 mega-trends to combat carbon missions
Renewable energy, electric vehicles, hydrogen, and the circular economy are the knights in shining armour, charging into the battleground of carbon emissions, claims Melissa Moi, the head of sustainable business at the United Overseas Bank (Thailand). This revelation comes on the heels of the 28th United Nations Climate Change Conference, COP28, where the imminent industrial upheaval stole the spotlight. Climate…
- Thailand News
King’s son returns to Thailand: Grabs first Thai ID and passport
His Majesty the King‘s second eldest son, Vacharaesorn Vivacharawongse, has made a monumental return to Thailand, marking his presence by securing his first-ever Thai ID card and a brand-new passport. The royal revelation was brought to light by political maven Chompoonute Nakornthap, aka Cherie, in a Facebook post that set social media abuzz. The tantalising post yesterday, December 15, featured…
- Thailand News
Princess Bajrakitiyabha remains unconscious after 1 year of treatment
Her Royal Highness Princess Bajrakitiyabha Narendira Debyavati remains unconscious after being hospitalised at King Chulalongkorn Memorial Hospital for one year after collapsing while training her dogs for the Royal Thai Army’s 2022 Thai Working Dog Championship at the Military Dog Battalion in Nakhon Ratchasima province. The Bureau of the Royal Household (BRH) released an official statement today, December 15, to…
- Thailand News
Indian tourist influx in Thailand surpasses expectations due to visa exemptions
A significant influx of Indian tourists has been recorded in Thailand, reaching an impressive 1.5 million so far this year, according to the Tourism Authority of Thailand (TAT). This figure surpasses the authority’s initial target, thanks to a newly introduced visa exemption scheme for Indian travellers. TAT’s Executive Director of ASEAN, South Asia, and South Pacific Region, Patsee Permvongsenee, disclosed…
- Thailand News
Thai PM seeks Japanese investment in country’s EV industry
Thailand Prime Minister Srettha Thavisin is set to persuade top Japanese car manufacturers to invest in Thailand’s burgeoning electronic vehicle (EV) industry, boarded a plane to Japan yesterday. The visit, marking his first to Japan since his tenure as prime minister began, coincides with the 50 Years of the Asean-Japan Friendship and Cooperation Commemorative Summit. Accompanying the 61 year old…
- Business News
Foreign e-commerce giants to dominate Thailand’s market in 2024
An e-commerce chief predicts that foreign operators will continue to control Thailand’s e-commerce landscape, with live commerce and affiliate marketing becoming increasingly prevalent in the next year. Overcoming the nation’s digital trade deficit continues to be a challenge as international companies lead in sales, delivery, and advertising. The value of Thailand’s e-commerce market is slated to surge to an impressive…
- Business News
EGCO acquires 30% stake in Indonesia’s PT Chandra Daya Investasi
Electricity Generating (EGCO), the power generation subsidiary of the state-run Electricity Generating Authority of Thailand, announced the acquisition of a 30% stake in PT Chandra Daya Investasi, an Indonesia-based company. The deal, valued at US$194 million, was orchestrated via EGCO’s fully-owned subsidiary, Phoenix Power BV, and is expected to be finalised by year-end. PT Chandra Daya Investasi (CDI) is a…
- Thailand News
Former transport minister Saksayam Chidchob to be judged by charter court
The Constitutional Court will unveil its verdict on January 17 on the contentious share concealment accusations against former Transport Minister Saksayam Chidchob. Following a marathon six-hour hearing, Saksayam defended himself against all accusations. “I’ve laid bare the truth about my stake in Burijarearn Construction Limited Partnership. I’ve fully explained the matter.” The court spectacle featured an ensemble cast, including Varaporn Thetsen,…
- Business News
Thailand’s economic growth potentially in decline, SCB EIC warns
The Siam Commercial Bank’s research wing, SCB Economic Intelligence Center (EIC), expressed concern over the potential decline in Thailand’s long-term economic growth. It has attributed this to enduring structural problems, such as low investment, diminished total factor productivity, and the economic impact of the pandemic. Chief Economist at SCB EIC, Somprawin Manprasert, revealed that Thailand’s economic recovery has been more…
- Business News
Electric dreams charge ahead: Aiming for a ‘shocking’ 359,000 EVs in the next year
Aiming for a substantial boost in their electric vehicle (EV) production, Thai authorities have set a target of 359,000 units for the coming year. This ambitious plan is supported by a 39.5 billion baht investment, as confirmed by industry insiders. The Office of Industrial Economics (OIE) is optimistic that the state’s EV policy, coupled with incentives for investment, will lead…