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- Thailand News
Thai PM’s billion-baht lifestyle unveiled
Thailand Prime Minister Srettha Thavisin opens up about his staggering wealth, leaving the public astonished at the opulence hidden behind the political curtain. Once a high-flying business magnate, 61 year old Srettha acknowledged his affluence. The PM attributed his riches to years of relentless work and astute investments. “I can’t deny that I am wealthy.” The National Anti-Corruption Commission (NACC) disclosed…
- Thailand News
ONWR invests 390 billion in water supply management in 2025
Deputy Prime Minister Somsak Thepsuthin revealed after chairing a meeting of the National Water Resources Committee that the meeting approved a water resource action plan for fiscal year 2025. More than 50,000 items from 24 agencies, eight ministries, 76 provinces, and more than 2,000 local government organisations from Bangkok and Pattaya, were discussed. An amount of 392,510 million baht is expected…
- Thailand News
Thai ministry plans overseas telemedicine services for one million expats
Telemedicine services for approximately one million Thais residing overseas is the latest initiative from the Ministry of Public Health, according to Public Health Minister Cholnan Srikaew. This universal healthcare scheme aims to ensure all Thais have access to medical treatment, no matter their location. The Ministry is partnering with the National Health Security Office (NHSO) to explore the idea of…
- Thailand News
2 Thai luxury car importers arrested for tax evasion worth 59 million baht
Two Thai luxury car importers surrendered to the Department of Special Investigation (DSI) yesterday, December 26, for tax evasion after avoiding paying 59 million baht in taxes on four Lamborghini cars. DSI seized four Lamborghini Gallardos last year after finding that these cars were imported into the country without paying tax. The four cars were imported between July and October…
- Thailand News
3.48 trillion budget approved by Cabinet for next year
Prime Minister Srettha, in a post-Cabinet meeting press conference declared that the budget bill, meticulously scrutinised by the Office of Council of State, will be delivered for approval. Typically, budget bills are sealed and delivered before the fiscal year kicks off in October. However, this year’s extravaganza faced a dramatic delay, thanks to the intricate dance of forming a coalition…
- Thailand News
Thai woman searches for lost winning lottery tickets to claim 24 million baht
A Thai woman is looking for her four lost lottery tickets that won the 24 million baht jackpot in October two months ago. She asked the Government Lottery Office (GLO) to investigate because she wrote her name and phone number on the back of the tickets. The 59 year old woman, Monta Ekwittayopart, sought help from a non-profit organisation Reclaim…
- Thailand News
Japan revs up Thai automotive industry: Major automakers inject 150 billion baht boost
In a move set to ignite Thailand‘s automotive industry, four major Japanese car giants are gearing up to pump a staggering 150 billion baht into manufacturing electric vehicles (EVs) in the country. This collaboration underscores Thailand’s ascent as a powerhouse in the automotive world and spotlights the government’s triumphant push towards an electrifying future. Four heavyweight Japanese automotive juggernauts are…
- Thailand News
Bangkok taxi driver arrested for stealing million-baht wristwatch
A 44 year old Bangkok taxi driver was apprehended on Monday morning, accused of delaying his journey for several hours in wait for a Japanese passenger, who was inebriated, to fall asleep. The motive behind this delay was allegedly to pilfer a wristwatch worth a million baht. Pol Col Pansa Amarapitak, the chief at Bangkok’s Thong Lor station, reported the…
- Crime News
Thai taxi driver steals 1.1 million baht watch from Japanese passenger
A Thai taxi driver took a two-hour detour to steal a luxury watch worth 1.1 million baht from a Japanese passenger in the Thonglor neighbourhood of Bangkok. The Japanese victim filed a complaint at Thonglor Police Station on December 19 that he lost his watch, an Audemars Piguet Royal Oak Offshore model, valued at 1.1 million baht, in a taxi…
- Thailand News
Thai couple nabbed for 10 million baht online coffee scam
Police have arrested a husband and wife, both notorious online swindlers, who are suspected of defrauding victims out of over 10 million baht in an online coffee business scam. They were apprehended in front of their residence in Baan Ped, Mueang Khon Kaen province, following arrest warrants from Nan Provincial Court. Thirty year old Phanupong and 36 year old Kusuma,…
- Thailand News
Thai BOI reveals game-changing green plan with 150 billion baht EV investment
The Board of Investment (BOI) of Thailand has declared its strategic vision for the next four years, placing a robust emphasis on the burgeoning sectors of bio, circular, and green (BCG) industries. Speaking passionately at the Go Thailand: Green Economy-Land Bridge forum in Bangkok, BOI secretary-general Narit Therdsteerasukdi highlighted the global trend towards sustainability in business operations. “From BOI’s roadshow…
- Thailand News
Former Buddhist chief and executives charged with embezzling 30 million baht
The National Anti-Corruption Commission (NACC) is set to charge a former head of the National Office of Buddhism (NOB) and two high-ranking executives with embezzling millions from temple budgets. The NACC, after green-lighting resolutions on two alleged temple embezzlement cases, is now preparing to unleash a legal storm upon the accused trio, led by ex-NOB chief Nopparat Benjawattananan. NACC Secretary-General…
- Thailand News
Thai listed companies broke records by reeling in 6.21 trillion baht last year
Thai listed companies have orchestrated a financial coup, raking in an astronomical 6.21 trillion baht from their overseas ventures last year, smashing records and defying global economic odds. The Stock Exchange of Thailand (SET) reports an eye-watering surge of 1.83 trillion baht from the previous year, making it a staggering 17-year high. Amidst the chaos of the Russia-Ukraine war and…
- Property
A record is set with a groundbreaking 11 billion baht investment for Gardens of Eden
In a strategic move that underscores the burgeoning maturity of Phuket as a sought-after multicultural lifestyle destination, Amal Group of Companies has introduced Gardens of Eden on Bangtao Beach. This sprawling 73-rai luxury wellness residential and hospitality community is set to redefine large-scale developments on super prime locations on the island, with an investment capital of THB11 billion (US$315 million).…
- Thailand News
Crisis at sea: Attacks threaten 1.31 trillion baht trade route
Thailand‘s 1.31 trillion baht worth of exports to Europe and the Middle East hangs in the balance as armed militants threaten a vital trade route. Expert warnings of a trade catastrophe are ringing alarm bells worldwide. Amid escalating conflicts in the Red Sea, Associate Professor Aat Pisanwanich, an international economics guru, has raised the red flag on the severe consequences…
- Thailand News
Staggering investment of 150 billion baht in AOT airports
In a move set to revolutionise Thailand‘s air travel scene, Airports of Thailand (AOT) has unveiled ambitious plans for the construction of two new airports and a staggering investment of 150 billion baht. Speaking exclusively at the Section II: Next Step seminar on December 20, AOT’s dynamic CEO, Kirati Kitmanawat revealed plans for the Lanna and Andaman airports. These megastructures,…
- Thailand News
Thai man arrested for defrauding victims of over 4.5 million baht
A fraudulent individual, claiming to be a high-ranking police officer and a judge’s aide, was apprehended by Thai law enforcement agencies for conning victims out of more than 4.5 million baht. The 35 year old man allegedly exploited his contrived connections to facilitate court proceedings and expedite electronic monitoring bracelet removals. Phromphron was seized near the public service station of…
- Thailand News
Government to shoulder Covid-19 insurance claims as insurers buckle under 60 billion baht payouts
Deputy Finance Minister Julapun Amornvivat has revealed that the Thai government may have to step in to assist with the hefty burden arising from Covid-19 insurance claims. The grim situation has seen total payouts skyrocket to almost 60 billion baht, leaving non-life insurance companies in shambles and prompting the closure of those unable to meet the financial demands. Julapun disclosed…
- Business News
Thailand’s commerce ministry targets 2 trillion baht in cross-border trade by 2027
Aiming to increase the value of cross-border and transit trade to 2 trillion baht by 2027, the Commerce Ministry is expediting the application of the cross-border trade strategy. The Ministry is establishing four dedicated task forces to tackle border trade-related issues. Commerce Minister Phumtham Wechayachai, following Wednesday’s committee meeting on trade, cross-border, and transit trade promotion, shared that the committee…
- Thailand News
Phuket to host luxury boat show: Multi-billion baht yachts and jets
In a dazzling display set to elevate Phuket‘s status on the global luxury stage, the Thailand International Boat Show A Luxury Lifestyle Event is gearing up to showcase a spectacular line-up of yachts, private jets, and more. This high-profile event is poised to inject a staggering 500 million baht into Phuket’s economy, drawing in a crowd of High Net Worth…
- Crime News
Thai man accuses 6 relatives of embezzling nearly 200 million baht
A Thai man accused six relatives of embezzling nearly 200 million baht assets from him and his mother. The relatives allegedly took advantage of the mother’s illness and the man’s imprisonment to make wills and transfer property to themselves. A 42 year old Thai man named Preecha and his 32 year old wife named Siriluck filed a complaint against six…
- Business News
Thai government unveils ambitious 500 billion Baht plan for debt resolution
A plan to resolve Thailand’s mounting debt issues, developed by the Thai government, is projected to rejuvenate the country’s economy by an impressive 500 billion baht (US$14 billion) if successful, according to 45 year old government spokesperson Chai. The initiative, designed to address debt problems within the agricultural, business, and civil society sectors, aims to provide relief to approximately 5…
- Business News
Thanapiriya Plc plans 120 million baht expansion
Thanapiriya Plc, a leading retail store operator with branches in Chiang Rai, Chiang Mai, and Phayao, has announced a 120 million baht investment plan to expand its presence with new outlets in the following year. Amorn Phutthiphiriya, the firm’s chief operating officer, indicated that the expansion strategy would involve establishing six fresh branches in Chiang Rai. Despite the existence of…
- Thailand News
Ex-Labour Ministry secretary faces horror as 40 million baht property title deeds vanish
A former Labour Ministry secretary revealed a shocking case where his mortgage title deeds for a home and land worth 40 million baht have disappeared. The property, a 418 square metre lot in an upscale village in Nonthaburi province, was mortgaged to a reputable bank in 2003. Paisan (surname withheld) explained that he had been regularly servicing the debt, reducing…
- Thailand News
Thailand’s soft power strategy to generate 4 trillion baht across 11 industries
Thailand’s soft power is poised for global promotion in 11 industries, with a potential generation of 4 trillion baht, as revealed by Commerce Minister Phumtham Wechayachai. The statement was made at a seminar aimed at empowering business operators through the application of soft power, attended by Paetongtarn Shinawatra of the ruling Pheu Thai Party and chair of the national committee…
- Thailand News
Hong Kong police offer 4 million baht rewards for overseas dissidents
Hong Kong police raised eyebrows by doubling the stakes, offering staggering rewards of HK$1 million (4 million baht) for information on five more local dissidents currently residing overseas. This controversial move amplifies the ongoing news of the authorities resorting to bounties in their pursuit of pro-democracy activists. At a press briefing yesterday, December 14, Chief Superintendent Li Kwai-wah of the…
- Thailand News
Thai couple arrested for embezzling 24 million baht from employer
Anti-Trafficking in Persons Division (ATPD) officers arrested a Thai couple for embezzling 24 million baht from their employer while working at a petrol station in the central province of Chantaburi between 2020 to 2023. ATPD reported that a 47 year old Thai man, Wichian, and his 46 year old wife, Jatuporn, were former accountants at the petrol station in Chantaburi…
- Crime News
Three Japanese ministers resign amidst 124 million baht kickback controversy
Three high-ranking Japanese government ministers have thrown in the towel amidst a whopping 500 million yen (124 million baht) corruption scandal. The Liberal Democratic Party (LDP), the stalwart ruling force in the world’s third-largest economy, is now grappling with the fallout from allegations that could reshape the nation’s political future. In a seismic blow to the political establishment, three top-tier…
- Thailand News
2.4 million lights transform Bangkok cityscape into magical wonderland
In a luminous extravaganza set to rival the stars, over 2.4 million enchanting lights are casting their glow upon Bangkok‘s cherished Ratchadamnoen Avenue and Rattanakosin Island. This breathtaking spectacle, unveiled by Interior Minister Anutin Charnvirakul, promises to be a visual feast for locals and tourists alike. The dazzling campaign, inaugurated yesterday, December 12, at the Ministry’s headquarters on Atsadang Road,…