Search Results for: lion
- Business News
Elon Musk’s US$55 billion pay deal under threat after judge’s ruling
Having spent several years as the wealthiest person globally, Elon Musk, CEO of Tesla, faces the potential of falling to the third position following a Delaware judge’s ruling on his US$55 billion pay deal. The judge, Kathaleen St. J. McCormick, sided with a Tesla investor who argued that the 2018 remuneration package lacked clarity on Musk’s performance expectations and that…
- Phuket News
Phuket secondhand warehouse fire causes 10 million baht in damages
A secondhand goods warehouse located near Thepkrasattri Road, Phuket, was engulfed in flames yesterday, January 30, causing traffic congestion and an estimated 10 million baht (US$282,298) in damages. The fire reportedly began with a small flame used to smoke out beehives, which unexpectedly spread to the warehouse. The blaze was reported to the Thalang Police around 2.30pm. Fire trucks initially…
- Thailand News
Royal Thai Air Force plans 19 billion baht for new fighter jets acquisition
The commander-in-chief of the Royal Thai Air Force (RTAF), Punpakdee Pattanakul, announced a budget request for the upcoming fiscal year totalling 19 billion baht (US$537 million), intended for the acquisition of new fighter jets. These could potentially be the US F-35 or Sweden’s Gripen E/F. Despite the recently instated government offset policy, Punpakdee’s comments suggest the RTAF’s determination to secure…
- Thailand News
Thai workers overseas contribute 60 billion baht in Q1
Over 21,000 Thai workers were dispatched overseas in the first quarter of the 2024 fiscal year, generating nearly 60 billion baht (US$1.69 billion) in remittances, as disclosed by a leading labour representative. The period of October to December saw 21,281 Thais heading overseas for work, half of whom, numbering 10,024, were recruited by the private sector, according to Pairoj Chotikasathien,…
- Business News
Taiwanese tourism in Thailand set to hit one million mark
The Taiwanese tourism market in Thailand is projected to reach a milestone of one million visitors this year, provided that Thailand’s government prolongs its visa-free scheme until the end of the year. Sisdivachr Cheewarattanaporn, president of the Association of Thai Travel Agents (ATTA), stated that despite the delayed visa exemption approval for Taiwanese tourists in November last year, the total…
- Thailand News
Bangkok singer arrested for 2 million baht luxury theft spree
An up-and-coming singer was apprehended by Bangkok’s Metropolitan Police on allegations of stealing over 2 million baht worth of luxury branded goods. The arrest of 29 year old Thanandon Ramasutha, was the culmination of a meticulous police investigation following a burglary at a celebrity manager’s home in January 2024. On January 29, in front of a house in the Lat…
- Business News
Thailand govt pushes for 500-billion-baht loan to boost economy
Deputy Finance Minister Julapun Amornvivat underlined the government’s prerogative to deem the current economy as crisis-ridden, a pivotal aspect for sanctioning the 500-billion-baht loan bill to propel its digital wallet disbursement scheme. According to him, the definition of an economic crisis is subjective, hinging on individual perception. Nonetheless, the government’s assessment paints the picture of an economy in dire need…
- Thailand News
Veteran actor Kraison Saenganan defrauded of 7 million baht in investment scam
Former actor Kraison Saenganan fell victim to an online scam that swindled him out of nearly 7 million baht (US$196,629), a significant sum that came to light when he filed a police report in Bangkok. The 66 year old veteran of the silver screen, also known by his screen name Leela Mekintharin, was duped by a fraudulent investment scheme that…
- Thailand News
Swiss man’s wife missing in Thailand after inheriting 13 million baht
The search intensifies for a Swiss national’s Thai wife, who mysteriously disappeared after inheriting a fortune of over 13 million baht (US$364,861). Despite extensive efforts, there remains no trace of Orathai (surname withheld), following a domestic dispute on January 8. Her sister, Thidarat (surname withheld), disclosed financial transactions that could provide leads in the investigation. Thidarat revealed that Orathai had…
- Thailand News
2 suspects arrested for murder of millionaire give conflicting stories
Police arrested a Thai man and woman for the murder of a 77 year old millionaire in the central province of Chantaburi. Each suspect blamed the other. The lifeless body of the millionaire, Panithi Kosalanan, was discovered in a pond on her plantation in Chantaburi province on January 22. The autopsy and suspicious signs in her home suggested murder, prompting…
- Thailand News
Thai Supreme Court dismisses 2.8 billion baht iTV lawsuit
The Supreme Administrative Court delivered a final blow, dismissing the Prime Minister’s Office secretariat‘s hefty 2.8 billion baht lawsuit against iTV Public Company. The lawsuit, stemming from a joint agreement with Shin Corp to operate a TV station using the UHF spectrum, has been a thorn in the side since 2007, persisting through numerous administrations. The Supreme Administrative Court’s resolute…
- Thailand News
Roaring surprise: Lions on the loose startle Chon Buri residents
Locals were shocked today after witnessing two lions roaming the streets of the Bang Lamueng district of Chon Buri in broad daylight. Residents of Soi Khao Makok 13 in Chon Buri reported the shocking discovery of two lions to the DailyNews today, January 25. The lions came out of the home in the area without a caretaker. They wandered around…
- Thailand News
Thai millionaire allegedly murdered to settle 30 million baht debt
Police continue to investigate the death of a Thai millionaire in the central province of Chantaburi. The dead woman’s sister harbours suspicions that her sibling was murdered in connection to a 30 million baht debt settlement. The dead body of the 77 year old woman, named Panithi Kosalanan, was discovered in a pond within her fruit plantation in Chantaburi on…
- Pattaya News
Thailand probes private ownership of 153 lions after Pattaya Bentley incident (video)
Thailand’s Department of National Parks, Wildlife, and Plant Conservation revealed that there are 153 lions in the possession of 24 Thai nationals, highlighting the controlled status of these wild animals and the legal requirement to declare ownership. This announcement comes amidst a high-profile investigation following the circulation of a video showing a lion being driven around Pattaya in a Bentley,…
- Business News
Mobile Cabinet allocates 552 million baht for Andaman Coast development
A total of 552 million baht (US$15 million) has been allocated by the mobile Cabinet towards the development of 18 new projects across six southern provinces on the Andaman Coast. Prime Minister Srettha Thavisin announced yesterday, January 23, after a Cabinet meeting in Ranong. The projects, proposed by the Joint Public and Private Sector Consultative Committee responsible for the southern…
- Thailand News
Thailand unearths Asia’s oldest dinosaur footprints dating back 225 million years
Thailand has made a colossal leap in palaeontology with the discovery of the oldest dinosaur footprints ever found in the country, and possibly in Asia. The significant find dates back over 225 million years, situating it in the late Triassic period. This monumental discovery occurred at the border between Phetchabun and Khon Kaen provinces, stirring excitement among scientists and dinosaur…
- Thailand News
West Thailand: Police uncover 6 million baht crystal meth bust in Sam Roi Yot
Police netted a colossal 150-kilogramme crystal meth haul in a major drug seizure operation in Sam Roi Yot, Prachuap Kiri Khan province. The discovery was made during a routine traffic check that led to the arrest of two individuals. Deputy Governor Kittipong Sukphakulkul, representing the Governor, and District Chief Montchai Noonoi, spilled the beans in a press conference held yesterday, January…
- Thailand News
Website blocked by Thai Criminal Court to prevent information leak of up to 55 million individuals
The Criminal Court in Thailand pulled the plug on the notorious website 9near.org, preventing a potentially massive data breach that could have compromised the personal information of a staggering 55 million Thai citizens. The crackdown began when the website 9Near – Hacktivist claimed to be armed with sensitive details including full names, birthdates, ID card numbers, and phone numbers, all…
- Thailand News
Lion spotted in Bentley in Pattaya sparks concern and criticism
The popular tourist destination of Pattaya was abuzz with surprised and concerned chatter when an unusual sight was spotted. An exotic pet, a full-grown lion, was seen enjoying the breeze in an open-top Bentley sports car. The sight of the lion, far from its usual habitat, in a bustling city, sparked a wave of incredulity, concern, and criticism, as it…
- Business News
TAT targets 7 billion baht tourism revenue surge for Ranong
The Tourism Authority of Thailand (TAT) aims to boost Ranong province’s tourism revenue to 7 billion baht (US$196 million) in the current year, a substantial rise from 6.72 billion baht (US$188 million) in the preceding year. The strategy is to increase the share of international tourists to 15% of total visitors, a significant recovery from the previous year’s slump. Ranong,…
- Thailand News
Thai market flooded with counterfeit TYESO thermal cups causing 10 million baht loss
The popular thermal cup brand TYESO suffered a significant blow as counterfeit products, orchestrated by Chinese counterfeiters and sold by Thai live sellers, flooded the Thai market. The brand and its official Thai distributor, Eco Chang Intertrade Co., Ltd, face an estimated loss of 10 million baht. The situation poses potential harm to the consumer’s health and the reputation of…
- Thailand News
2 armed robbers remain at large after stealing 1.2 million baht gold in Surat Thani (video)
Two armed robbers remain at large after stealing gold bracelets worth at least 1.2 million baht from a gold shop in a Lotus’s supermarket on Number 41 Road in the Chaiya district of the southern province of Surat Thani. Chaiya Police Station officers were alerted to the gold robbery at the Yaowarat Krungthep gold shop in the Lotus’s at around…
- Thailand News
Thailand’s Student Loan Fund tackles 100 billion baht in bad debts
The Student Loan Fund (SLF) in Thailand has accumulated bad debts amounting to 100 billion baht (US$2,816,902,000). This is a significant increase from 2017 when the total non-performing loans stood at 60 billion baht. The SLF’s manager, Chainarong Katchapanan, attributes this surge to borrowers prioritising other repayments, such as credit card debt and mortgages, over their student loans. The SLF…
- Thailand News
Actress Ava Six Scenes clears up 150 million baht credit card rumour
A video that has been creating a buzz on social media recently features Ava Pawornwan Verapuchong, a millionaire actress. The video shows Ava pulling a credit card from her wallet, causing viewers to focus on the card. It is a THE WISDOM (Visa Infinite) card from Kasikorn Thai Bank, which is exclusively for those with deposits and investments starting at…
- Thailand News
Thailand uncovers human trafficking operation worth over 117 million baht
A year-long investigation into human trafficking led by Thailand’s National Police Office, under the command of Police Lieutenant General Torsak Sukwimon and Pol. Lt. Gen. Surachate “Big Joke” Hakparn resulted in the arrest of a man from Bangladesh. The suspect, 46 years old Asraf, has been involved in a clandestine human trafficking network, charging each individual between 100,000 and 150,000…
- Thailand News
Lottery vendor scoops 6 million baht lottery jackpot
A lottery vendor in Nakhon Phanom province scooped the first prize jackpot in yesterday’s lottery draw. The winning ticket, number 105979 landed a 6 million baht bounty for the vendor. The 63 year old lottery vendor, Onchan Suriyon, also known as Uan, resides at Ban Thung Mon, Village No. 8, Kham Toei Subdistrict, Mueang District, and set up her stall at…
- Thailand News
Thai man arrested for stealing 3.4 million baht from 97 year old woman
Police arrested a light-fingered Thai man for stealing 3.4 million baht from a 97 year old Thai woman by transferring money to his bank account 127 times using a mobile banking application. A community leader, Jadesada Cha-onchom, accompanied the 97 year old victim, identified only as A, to file a complaint against the alleged 24 year old thief, Thanaphat Jaipeng,…
- China News
China’s population plummet, two million decline in a year
China witnessed a massive decline in population last year with a decrease of two million, marking the nation’s second consecutive annual dip, according to government reports. The aftermath of Covid-19 restrictions lifting unleashed a demographic whirlwind, unveiling unforeseen challenges for the once-populous Asian giant. The statistics bureau disclosed that deaths surged by a staggering 690,000, reaching 11.1 million – more…
- Business News
Thailand’s insurance sector sees 4.5% growth, aiming for 1 trillion baht by 2026
The insurance sector in Thailand has seen a robust expansion of 4.5%, with the Office of the Insurance Commission (OIC) projecting insurance premiums to hit the 1 trillion baht (US$28,184,510,000) mark by 2026, a significant leap from the present 800 to 900 billion baht figure. Such an outlook was shared by Chuchatr Pramoolpol, the secretary-general of the OIC. Chuchatr revealed…
- Tourism News
Thailand aims for 40 million tourists and 3.5 trillion baht revenue
The goal of 40 million international tourists and an ambitious revenue target of 3.5 trillion baht (US$ 98,348,390,000), as set by Prime Minister Srettha Thavisin, remains a tall order for this year, according to the Tourism and Sports Ministry. Still, the ministry plans to attract longer stays and increase spending through a range of measures, including soft power products, safety…
