Search Results for: lion
- Business News
Rice and shine: Thailand sets sights on 8 million tonnes export mark
The director-general of the Department of Foreign Trade, Ronnarong Phoolpipat, announced that Thailand’s rice exports are expected to achieve the target of 8 million tonnes this year. This forecast comes after the recorded shipments through to August 29 reached 5.29 million tonnes, reflecting a year-on-year increase of 11.9%. This upswing in rice exports aligns with the rising concerns over drought…
- Phuket News
Phuket committee steers towards transparency to curb corruption in ongoing projects worth 155 million baht
The Phuket Good Governance Committee (PGGC) has taken the initiative to increase transparency and limit corruption in the region’s ongoing projects. The committee recently met with Phuket Highways Office Chief, Yutthana Phitak, to discuss the details and scope of major projects currently underway. The PGGC, led by Vice President Peerapit Ongcharoen, is actively involved in overseeing various projects scheduled for…
- World News
Singapore grapples with massive US$740 million money laundering scandal
Singapore is grappling with one of its largest-ever money laundering cases, involving over S$1 billion (US$740 million) of assets. Individuals, recently arrested and charged, allegedly held millions from unauthorised lending in China and illicit gambling in numerous banks such as United Overseas Bank, Citigroup and RHB Bank’s local units. Attempted fraud using counterfeit documents was also reported on banks including…
- Thailand News
Thai store owner demands 102 million baht in trade mark dispute over #Pangcha
A recent trade mark dispute involving the trending hashtag #Pangcha has drawn nationwide attention. The dispute arose when a popular store sued smaller retailers for using the name Pangcha, claiming it violated their trade mark and demanding 102 million baht in damages. In response to the controversy, Kanchai disclosed during an afternoon talk show that Pangcha originated his establishment, Ice…
- Crime News
Thai model caught in billion baht cryptocurrency scams and money laundering bust
Royal Thai Police swooped on 30 targets, capturing an illicit Chinese network involved in cryptocurrency scams, romance scams, and money laundering. The operation, led by Police Colonel Siriwat Deephor, Director of the Anti-Money Laundering Office (AMLO), and his team of over 200 officers, resulted in the arrest of the infamous model, known as Kiki Maxim, and the seizure of almost…
- Business News
Thailand’s PM plans to boost tourism revenue to US$100 billion by easing visa rules
Thailand Prime Minister Srettha Thavisin has proposed a plan to boost tourism revenue to nearly US$100 billion next year. This involves loosening visa regulations for travellers from China and India and extending the duration of stay for tourists from all nations. Chinese travellers, who accounted for the most significant proportion of visitors pre-Covid-19, have been subjected to a taxing visa…
- Thailand News
1.7 million baht fraudulent scheme uncovers chilling family tragedy: Thai police hunt suspects
Thai authorities are in pursuit of five individuals implicated in a fraudulent scheme that is connected to a tragic family incident in Samut Prakan. The gruesome event saw a debt-ridden man take the lives of his two children and wife before attempting suicide. The Cyber Crime Investigation Bureau (CCIB) uncovered transactional evidence connecting the 44 year old victim, Wipaporn Racha,…
- Thailand News
Thai crackdown snares Chinese fraudsters: Couple arrested for 1.5 billion baht cross-border scam
A significant crackdown on foreign criminals in Thailand has led to the arrest of a Chinese couple implicated in fraudulent investment activities in their homeland, China. According to the Immigration Bureau (IB), the couple’s fraudulent activities reportedly caused financial damage exceeding 1.5 billion baht. The Bureau Commissioner, Police Lieutenant General Pakphumpipat Sajjapan, announced the arrests during a briefing yesterday. He…
- Business News
Sand and smiles: Nearly 18 million tourists make waves in Thailand this year
With the close of this year on the horizon, Thailand’s Tourism and Sports Ministry reported that almost 18 million overseas tourists have laid a beach towel in the Land of Smiles. Thailand, which heavily leans on tourism as a significant economic pillar, is setting its sights on welcoming around 28 million visitors by the end of the year. The statistics…
- Economy News
Revenue target for Thai government exceeds by 150 billion baht
Fiscal Policy Office (FPO) Director-General Pornchai Thiraveja has announced that the Thai government is rolling in cash. The director-general declared that the government’s revenue surpassed expectations, surpassing its target by 150 billion baht in the opening ten months of fiscal 2023. This continues a positive trend reported in May when revenue targets were surpassed by 112 billion baht. As per…
- Business News
Liquid dreams: Thailand’s Pilatus Marine charts global growth with 1.05 billion baht vessel acquisition
Pilatus Marine, a SET-listed company and Thailand’s leading liquefied petroleum gas (LPG) transport operator, is set to acquire three large used liquid-carrying vessels for a total cost of 1.05 billion baht. This move is aimed at expanding their services overseas. Operating in both marine and land transport of LPG, Pilatus Marine also leases vessels to other companies. The incoming ships,…
- Crime News
Man arrested for theft of valuables worth 10 million baht from friend’s home
A suspected thief has been arrested by police, following the alleged theft of 10 million baht worth of valuables from a friend’s house. The suspect was taken into custody today. The arrest came after a complaint lodged by 39 year old Trairat, a motorcycle shop owner from Phatthalung province. Trairat met 30 year old Suphanarin several years ago while working…
- World News
OnlyFans’ pre-tax profits soar to 18.5 billion baht as user numbers surge
OnlyFans, the renowned online platform for content creators, has reported a staggering dividend of US$338 million, equivalent to approximately 11.9 billion baht. Phoenix International, the parent company of OnlyFans with its headquarters in England, disclosed that annual profits have soared beyond US$500 million (17.6 billion baht). This follows an influx of more than three million creators and over 240 million…
- Crime News
Drug trafficking: Woman caught with 5 million baht worth of drugs disguised as a tourist
A woman from Phetchaburi, known as Ae Rai Rhon Khon, was apprehended today, while disguised as a tourist and transporting drugs in a passenger van. Authorities seized nearly 50,000 methamphetamine pills as she prepared to enter Kanchanaburi. The arrest followed a tip-off about a drug trafficking operation from a neighbouring country into Thailand. Ae Rai Rhon Khon was seen acting…
- Crime News
Online fraudster arrested after six year chase, 6 million baht embezzlement unveiled
A high-profile online fraudster who falsified her educational qualifications to secure high-level positions in large companies, and stole assets worth over 6 million baht, has been arrested after more than six years on the run. The arrest, which occurred yesterday, was made in the Bang Chak district of Phra Khanong, Bangkok. The 37 year old fraudster, Chicha Chaiyasit, was found…
- Phuket News
Phuket earmarks 156 million baht for 24 EV buses and charging stations
The Phuket Provincial Administrative Organisation (PPAO) confirmed the allocation of 156 million baht (US$4.7 million) from this year’s budget for the purchase of 24 electric vehicle (EV) buses. These air-conditioned buses, each with a capacity of 21 seats, are set to serve three public routes across the province. The announcement was made during a Phuket Provincial Land Traffic Subcommittee meeting,…
- World News
Unearthing riches: Danish man strikes gold with million-baht discovery in second-hand cabinet
A young Danish man stumbled upon three bars of pure gold worth over 7 million baht hidden inside a second-hand kitchen cabinet he had bought from a deceased tycoon. Despite the potential financial gain, he chose to hand the treasure over to the police. In 2019, Ajey, a resident of Denmark, caused a media stir with his accidental fortune. Being a…
- Crime News
Thai Cyber Police arrest man selling millions of personal data, evading bank regulations for large transactions
A recent crackdown by Thai Cyber Police led to the arrest of a 24 year old Bangkok man selling the personal data of 15 million individuals. This information was obtained from the customer base of a well-known supplement brand and a grey business group. The suspect, who was apprehended from his residence in Thawi Watthana District, Bangkok also offered software…
- Phuket News
DSI investigates 225 million baht land encroachment in Sirinath National Park
An expanse of land in Phuket, valued at over 225 million baht, is currently under scrutiny for allegedly infringing on the territory of the Sirinath National Park. Police Captain Piya Raksakul, Deputy Director General of the Department of Special Investigation (DSI) arrived in Phuket yesterday, intending to examine the situation. Accompanying Piya was Police Lieutenant Colonel Amorn Hongsritong, head of…
- Thailand News
El Nino triggers drought risk for 16.5 million rai of Thai agricultural land
Agriculture and Cooperatives Ministry confirmed yesterday that an estimated 16.5 million rai of agricultural land nationwide will be impacted by reduced rainfall due to the El Nino phenomenon this year. The ministry’s deputy permanent secretary, Apai Sutthisang, expressed concern over the impending dry season, particularly as the effects of El Nino are predicted to intensify in November. The Royal Irrigation…
- Thailand News
Scam alert: Runaway contractor defrauds 100+ Thai victims with 16 million baht loss
Over 100 Thai people have fallen prey to a construction scam orchestrated by a contractor who is currently on the run. The resulting financial toll of this fraudulent scheme is projected to surpass 16 million baht. A contingent of 50 victims formally filed a complaint with Deputy Commissioner of the Royal Thai Police (RTP), Surachate “Big Joke” Hakparn. They detailed…
- Thailand News
DLT nets 7 billion baht in vehicle tax due to convenient online payments
The Department of Land Transport (DLT) collected over 7 billion baht in vehicle tax in the first 10 months of the current fiscal year, thanks to the ease of its “from anywhere” payment system. This figure represents the taxes received from the owners of 5.5 million vehicles between October of the previous year and July of the current year. The…
- Thailand News
Chiang Rai police seize nearly two million meth pills in major drug bust
In a massive crackdown on drug trafficking, Chiang Rai Police Force seized nearly two million meth pills in two major cases. From October 1, 2022, to July 19, 2023, the Region 5 Provincial Police intercepted more than 90 million meth pills and confiscated property worth 453 million baht. The announcement was made today, by a team comprising senior officers from…
- Business News
Thailand sees 17% boost in foreign investment, hitting 58.9 billion baht in 7 months
Thailand saw a 17% increase in foreign investment, reaching 58.9 billion baht in the first seven months of this year. The announcement was made yesterday by Rachada Dhnadirek, the deputy government spokeswoman. Investors from Japan played a major role, with 94 groups contributing 19.89 billion baht. The United States followed with 67 entities investing 3 billion baht. Singapore had 61…
- Thailand News
Rayong lottery seller scoops 6 million baht first prize following temple rites
A local lottery vendor in Rayong Province struck gold recently with the first prize in the national lottery, following a round of prayers at Wat Lao-ok. The win came soon after the lucky aura of Toa Wessuwan at Wat Lao-ok presumably assisted in a second-prize win. The extraordinary turn of events unfolded on August 18 when 61 year old vendor…
- Business News
Former Siam Commercial Bank executive launches 8 million baht shabu restaurant
A passion for the delectable flavours of Japanese shabu dining impelled Thienachariya, the onetime chief marketing strategist for Siam Commercial Bank, to inaugurate his own shabu restaurant at Erawan Bangkok. The restaurant is the brainchild of Thienachariya and a culinary trio of his associates, formed under the banner of their newly established company, Shabudoke Co. The culinary ensemble includes beef…
- Economy News
Foreign investments bolster Thai economy with 58.9 billion baht boost
From January through July of this year, Thailand welcomed a foreign investment sum of 58.9 billion baht. A notable chunk of this influx originated from Japan, whose companies lavished the largest amount of capital on developing their businesses within Thai borders. Estimates suggest that the Japanese investors led the pack with a total outlay of 19.9 billion baht. They were…
- Thailand News
Phuket savings group ex-loan officer nabbed for 12 million baht embezzlement
The former loan officer of a savings group was arrested by police in a Phuket restaurant on charges of forging loan documents, fabricating account data, and embezzlement of over 12 million baht. The arrest of the 44 year old woman named Arwarran, made under the jurisdiction of Narathiwat Province’s court, follows a complaint lodged in 2020 by more than 50…
- Thailand News
Plot twist: Chinese Rolls-Royce driver seeks 1.3 million baht from Thai driver
A Chinese Rolls-Royce driver demanded 1.3 million baht in compensation from the Thai pickup driver who smashed into her. She insisted that she did not forgive him for his hapless driving despite earlier reports saying she had. The Chinese driver added that she could not communicate in Thai with the driver and that led him to misunderstand her. According to…
- Thailand News
Call centre scam crackdown: Thai cyber police nab nine, seize 300 million baht in evidence
A significant blow has been struck against the fraudulent operations of a call centre gang, masterminding scams worth over 300 million baht, as the cyber police arrested nine individuals and seize numerous items of incriminating evidence. Officers from the Crime Technology Investigation Department at Thong Thanee today were successful in their crackdown against this notorious gang in Mae Sai, Chiang…