Search Results for: lion
- Thailand News
Thai House of Representatives to make 7.8 billion baht budget cut
The House of Representatives is set to proceed with the second and third readings of the budget bill for the 2025 fiscal year next week. This development comes amidst reports that the proposed spending plan has been reduced by nearly 8 billion baht. House Speaker Wan Muhamad Noor Matha announced that the budget debate will take place from September 3…
- Thailand News
Tourism triumph: Can Thailand hit the 2.3 trillion baht jackpot?
Despite a whirlwind of global economic challenges and shrinking wallets worldwide, Thailand’s tourism sector is making a remarkable comeback. The nation is on the brink of welcoming nearly as many visitors as it did in the golden year of 2019, when almost 40 million foreign tourists poured in, generating a staggering 2 trillion baht in international revenue. However, while the…
- Thailand News
Bangkok faces 11.75 billion baht Green Line debt crisis
The Bangkok Metropolitan Administration (BMA) and its business arm, Krungthep Thanakom (KT), are urgently reviewing a National Anti-Corruption Commission (NACC) ruling before they settle a colossal 11.75 billion baht debt owed to the Bangkok Mass Transit System (BTSC). This follows a Supreme Administrative Court order on July 26, which gave BMA and KT just 180 days to pay up. The…
- Business News
Thailand’s trade deficit with China rises 15.7% to US$20 billion
Thailand’s Trade Policy and Strategy Office (TPSO) raised alarms about the expanding trade deficit with China. Imports from China surged by 7.12% year-on-year in the first half of 2024, reaching US$37.6 billion (approximately 1.33 trillion baht). This spike resulted in a trade deficit of US$20 billion (around 720 billion baht), marking a 15.7% increase compared to the previous year. Smartphones,…
- Tourism News
Thailand anticipates 2 million Korean tourists amid Chuseok holiday
Thailand is gearing up for a significant influx of South Korean tourists during the upcoming six-day Chuseok holiday, aiming to maintain a strong momentum as the country anticipates a record high of 2 million Korean visitors by the end of the year. Tourism operators in Thailand remain confident despite fierce competition from Vietnam and Japan in attracting Korean tourists. Chuwit…
- Thailand News
Thailand boosts HDD production with 23.5 billion baht investment
Thailand’s Board of Investment (BOI) approved a significant investment project by Western Digital Storage Technologies (Thailand) Co., Ltd., to expand its hard disk drive (HDD) and related equipment production. The project, valued at 23.516 billion baht, will take place in Bang Pa-in Industrial Estate, Phra Nakhon Si Ayutthaya province and 304 Industrial Park, Prachin Buri province. The Secretary-General of the…
- Thailand News
Gold shop worker steals 24 million baht after 10 years salary freeze
A Thai gold shop worker confessed to stealing 24 million baht worth of gold from a shop in Nonthaburi province, near Bangkok, because his salary did not increase during his 10 years of employment. The owner of the gold shop took legal action against his 40 year old employee, Phaisarn, after he was caught stealing gold accessories weighing nearly 10…
- Business News
Western Digital to invest 23 billion baht in Thai expansion
Western Digital Storage Technologies (Thailand) received investment incentives from the Board of Investment (BOI) for a 23-billion-baht expansion aimed at capitalising on the burgeoning cloud and data centre industry. Western Digital, commonly known as WD, will utilise the new investment to enhance its production facilities located at Bang Pa-in Industrial Estate in Ayutthaya and the 304 Industrial Park in Prachin…
- Thailand News
Jewellery store employee arrested for theft worth 24 million baht
Officers from the Phra Ratchawang Police Station in Bangkok apprehended a jewellery store employee who had been stealing gold necklaces from the store’s showcase for years, accumulating 646 baht in weight, valued at over 24 million baht. The suspect confessed to selling the gold to fund personal expenses and travel. Today, August 26, Police Major General Samart Promchat, Commander of…
- Thailand News
Old Thai coins could be worth millions, collectors urged to check
Collectors of old Thai coins should urgently check their collections as certain coins, including 1 baht, 5 baht, and 10 baht coins from specific years, could be worth a significant amount of money, sometimes even reaching millions of baht. Detailed information about the specific years and characteristics of these valuable coins is essential as some are incredibly rare, with only…
- Thailand News
Yingluck’s 6 trillion baht water project revived to address floods
A massive water management project initially proposed by Yingluck Shinawatra may be revived, aiming to tackle Thailand’s recurring issues of flooding and drought. The initiative, projected to cost around 6 trillion baht, has been deemed a national priority by Caretaker Deputy Prime Minister Phumtham Wechayachai. “The matter was first raised by the Yingluck government. In 2011, a budget of 2…
- Koh Samui News
Koh Samui eyes approval of 12.1 billion baht cruise terminal
A new cruise terminal in Koh Samui, set to open in 2032, aims to significantly boost tourism in Surat Thani, Thailand, according to Deputy Caretaker Minister Manaporn Charoensri. Manaporn, along with Caretaker Transport Minister Suriya Jungrungreangkit, visited Koh Samui to review the progress of major transport infrastructure projects. Suriya revealed that the ministry has several new initiatives underway to enhance…
- Thailand News
Thailand on track to invest 77 billion baht in new light rail systems
Plans are underway for the Mass Rapid Transit Authority of Thailand (MRTA) to introduce a light rail system in Phuket, Chiang Mai, Nakhon Ratchasima, and Phitsanulok, with an overall budget of 77 billion baht. MRTA Deputy Governor Wittaya Phanmongkol revealed that the estimated costs of the projects are 35 billion baht for Phuket, 30 billion baht for Chiang Mai, 7…
- Thailand News
Bangkok jewellery fair set to sparkle with 3.5 billion baht in revenue
The upcoming 70th Bangkok Gems and Jewellery Fair is gearing up to dazzle with an expected revenue haul of at least 3.5 billion baht, according to the Department of International Trade Promotion (DITP) and the Gem and Jewellery Institute of Thailand (GIT). This glittering event, scheduled from September 9 to 13 at the Queen Sirikit National Convention Centre (QSNCC), is…
- Thailand News
3 Thai TikTok stars arrested for 6 million baht Forex scam
Officers from the Central Investigation Bureau (CIB) arrested three Thai TikTok stars for deceiving victims in a Forex scam, causing a total loss exceeding 6 million baht. The three arrested TikTokers were identified as a 31 year old woman named Apinya, a 43 year old man named Rattawut, and a 41 year old woman named Prapakorn. Various valuables worth approximately 6…
- Thailand News
Police seize nearly 2 million meth pills in Saraburi drug bust
Saraburi Highway police intercepted a drug trafficking operation, seizing nearly 2 million methamphetamine (meth) pills from a pickup truck in Nong Khae district, Saraburi province. Officers patrolling Highway 2044 near Raphiphat Canal noticed a suspicious grey pickup truck on Tuesday, August 20. When signalled to stop, the driver sped away, eventually abandoning the vehicle in Chonprathan Soi 1 and fleeing…
- Thailand News
65 billion baht and counting: Thais’ online scams spark seminar
Thais have lost a staggering 65 billion baht annually to online scammers over the past three years, prompting the Thailand Consumers Council (TCC) to organise a seminar this month with its ASEAN Plus Three counterparts. This initiative aims to address consumer protection in the rapidly evolving digital economy. The TCC, in collaboration with the Indonesian Consumers Foundation and the Federation of…
- Thailand News
Police seize e-cigarettes disguised as toys worth 10 million baht
Police raided a warehouse belonging to the major northern Thai online e-cigarette dealer, YAI VAPE, seizing 30,000 items worth 10 million baht. The police found the e-cigarettes disguised as toys to avoid detection by parents and teachers. The Ministry of Public Health is pushing for legislative changes to close legal loopholes. Thai police conducted a press conference today to announce…
- Aviation News
Thai Vietjet takes off: Targets nearly 8 million passengers this year
Low-cost airline Thai Vietjet aims to attract nearly eight million passengers this year by enhancing aircraft utilisation and increasing flights on existing routes, with plans to introduce new Boeing 737 Max jets next year. Thai Vietjet Chief Executive Woranate Laprabang highlighted that the visa-free scheme has significantly boosted demand on international routes, particularly to China. The airline operates flights to over…
- Thailand News
Thai businesswoman loses 29 million baht from bank account
A complaint has been lodged with Thailand’s Ministry of Interior after a businesswoman discovered that 29 million baht had been withdrawn from her account without her knowledge. The matter is now under review to determine the appropriate course of action. Real estate businesswoman 60 year old Kirana and Akkarawat Kraisisombat, also known as Tae Achiva, submitted a petition to the…
- Thailand News
Nakhon Ratchasima woman wins 6 million baht in lottery
A woman from Pak Chong in Nakhon Ratchasima has won the first prize in the latest lottery draw, instantly becoming 6 million baht richer. Facebook page Pak Chong Times yesterday shared the story of Anisara, a resident of Moo 4, Moo Si, Pak Chong, Nakhon Ratchasima. She won the first prize in the government lottery draw held yesterday, August 16.…
- Business News
Thailand’s food exports to rise by 8.8%, hitting 1.6 trillion baht
Thailand’s food exports are set to rise by 8.8% year-on-year, reaching 1.6 trillion baht this year, according to the National Food Institute (NFI). This growth is largely attributed to increasing global demand and a decline in raw material prices, said the President of the NFI, Supawan Teerarat. “Raw materials such as tuna, sugar, soybeans, and wheat have seen a price…
- Thailand News
Terminal confusion: Trang Airport’s billion-baht project still up in the air
Residents demanded clarification after the new 1.2 billion baht passenger terminal at Trang International Airport in southern Thailand missed its opening deadline and remains unfinished and in disrepair. The National Anti-Corruption Commission (NACC) received a complaint from locals in the southern province of Trang, stating that the unfinished airport caused them to lose potential opportunities from the tourism industry. Many…
- Technology News
Thailand boosts cloud budget to 1 billion baht amid political shifts
Thailand’s cloud-first policy will remain intact, despite the recent political changes, according to the caretaker Digital Economy and Society (DES) Ministry. The appointment of new Prime Minister Paetongtarn Shinawatra has led to only minor adjustments in government policies. A significant increase in the fiscal 2025 budget for state agencies’ procurement of cloud services has been announced, rising to 1 billion baht…
- Thailand News
August 16 lottery prizes up for grabs: 6 million baht top prize
The Government Lottery Office (GLO) in Nonthaburi will announce the results of today’s lottery draw at 2.30pm, revealing the amounts available for various prize categories. The winning ticket numbers for the top prize, valued at 6 million baht, were eagerly anticipated by many hopeful participants. The first prize holds 6 million baht while two adjacent numbers to the first prize are…
- Environment News
PEA launches first sustainability bond worth 1 billion baht
The Provincial Electricity Authority (PEA) announced the successful launch of its first sustainability bond, marking a significant step towards its green finance goals and that of Thailand. PEA Governor Supachai Ek-Un, along with representatives from the Public Debt Management Office (PDMO), Asian Development Bank (ADB), Bangkok Bank, DNV (Thailand), and Thai Bond Market Association, held a press conference yesterday, August…
- Thailand News
Thai man injured in a gunfight with his son over 1 million baht debt
A Thai man yesterday sustained an injury to his left leg during a gunfight with his son over a 1 million baht debt at the son’s pawn shop in the Isaan province of Khon Kaen. Officers from Mueang Khon Kaen Police Station were alerted to the shooting outside the pawn shop on Na Mueang Road at approximately 4.30pm, yesterday, August…
- Thailand News
Chinese gang flees after stealing 70 million baht from Chinese couple
Thai police are searching for four Chinese nationals who yesterday stole 70 million baht in cryptocurrency from a Chinese couple in the central province of Pathum Thani. Officers from Pak Khlong Rangsit Police Station swooped on a house in the Banmai district of Pathum Thani in the early hours of yesterday, August 14, after being alerted by the homeowners, a…
- Tourism News
Thailand’s tourism boom: Revenue set to soar to 2.8 trillion baht
Hold onto your sun hats! Thailand’s tourism sector is on the brink of a massive surge in the latter half of the year, with an eye-popping revenue forecast of 1.46 trillion baht. That’s set to push the annual total to a whopping 2.8 trillion baht—up a staggering 25% from last year, according to the Tourism Authority of Thailand (TAT). The…
- Environment News
Ministry tackles chemical waste crisis with 14.9 million baht cleanup
The Ministry of Industry initiated a collaboration with the Ministry of Natural Resources and Environment and other relevant agencies to address areas recently contaminated with chemical waste. The Permanent Secretary of the Industry Ministry, Nattapol Rangsitpol, informed the media of the coordinated efforts yesterday, August 12. Nattapol acknowledged the issues arising from the illegal dumping of hazardous substances in Rayong,…
