Search Results for: lion
- World News
Woman trades 2 houses for ancient inkwell dish worth millions in baht
A young woman surprised Chinese television viewers when she brought an unremarkable ‘brick’ or ‘inkwell dish‘ for appraisal, which turned out to be a valuable artifact. The show’s experts stunned the audience with their evaluation of the item, which was worth far more than anyone expected. Over the past few years in China, there has been a surge of interest…
- World News
Man turns 1,700-baht online auction chair into 3 million baht jackpot after designer discovery
In an extraordinary turn of events, Los Angeles resident Justin Miller unknowingly discovered a highly valuable Danish designer chair while browsing an online auction site. He bought it for just 1,700 baht (US$49) and sold the item for an astounding 3 million baht (US$86,500) to an eager collector. Miller stumbled upon an online auction listing featuring the broken-down, leather-covered chair,…
- Business News
Bolt invests 300 million baht in Thai expansion amid ride-hailing competition
Estonian tech firm Bolt is set to invest 300 million baht in Thailand to bolster its presence in the country as part of its Southeast Asian expansion strategy. This move follows Bolt’s recent funding round, which raised 628 million euros at a valuation of 7.4 billion euros, earmarked for geographical growth. The company’s expansion adds to the fierce competition in…
- Crime News
Lao national busted in Thailand after 1.8 million baht gold shop heist
Thai police have busted another robber. A Lao national accused of stealing gold worth approximately 1.8 million baht from his home country was apprehended at a luxury condominium in the Mueang district in Khon Kaen province. The suspect, 27 year old Thao Sirasorn, was arrested in the condominium’s car park on Friday evening. Authorities seized eight gold necklaces, each weighing…
- Crime News
Lopburi fraud: Thai philanthropist scams locals for millions
Residents of Lopburi province have reported a well-known local entrepreneur for allegedly defrauding them of millions of baht under the guise of a charitable investor. The victims claim they were lured into investing and purchasing shares in the perpetrator’s ventures, but were left with unpaid debts and empty promises. Today, knowing the businessman by his work in the community and…
- Crime News
Chiang Mai bank embezzlement scandal: 70 million baht stolen from cooperative
Five former Chiang Mai bank employees, including a former manager, have been accused of forging signatures to embezzle 70 million baht from the San Pa Tong Agricultural Cooperative. The cooperative has had to use reserve funds to pay dividends to its members following the alleged fraud. Chaiwiset Deesuwan, Chairman of the San Pa Tong Agricultural Cooperative Board, and Suchitra Mano,…
- Thailand News
Rice corruption: MFP probes suspicious 12.5 million baht event spending
The Move Forward Party (MFP) has initiated an inquiry into allegations of irregular expenditure related to an event organised by the Department of Rice. The party has warned that the incoming government will not tolerate rice corruption. During a press conference, MFP deputy spokesperson Karoonpon Tieansuwan revealed that the party had received a complaint from officials within the Ministry of…
- World News
US and Cuba dismiss claims of China’s multi-billion dollar spy base plan
Multiple government sources in the Caribbean and the United States have dismissed a Wall Street Journal report claiming Beijing planned to establish a spy base in Cuba. The New York-based newspaper cited an alleged “secret agreement” for China to set up an electronic eavesdropping facility on the island, enabling it to intercept emails, phone calls, and other data from the…
- World News
Coca-Cola, Red Bull seek millions after Scotland’s deposit return scheme collapse
Coca-Cola and Red Bull are among the companies considering seeking millions of pounds in compensation following the postponement of Scotland’s deposit return scheme, according to sources. The Scottish Government’s plan, which would have added a 20p charge to single-use bottles and cans, has been delayed until at least October 2025. The beverage industry had invested millions in preparation for the…
- World News
Love grenade: Cadet’s affair with girlfriend’s mother detonates 10 million baht lawsuit
A cadet has been sued for 2 million yuan (9,781 million baht) after having an affair with his girlfriend’s mother, resulting in the collapse of the family’s marriage. The affair was discovered via explicit messages and images shared between the pair on Instagram. The Mirror Media reports that a military cadet in Taiwan had an illicit relationship with his girlfriend’s…
- Business News
Thai economy could face 36 billion baht hit from extreme weather
Extreme weather conditions, including drought and floods, could potentially inflict a 36 billion baht blow to Thailand‘s economy this year, warns the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB). Drought, in particular, is a significant concern as it may severely affect the agricultural and manufacturing sectors, further hindering the country’s already sluggish exports. “Manufacturers are worried about drought…
- World News
Wildfire smoke forces millions in North America to wear masks outdoors
Intense wildfires in Canada have led to poor air quality levels across North America, prompting millions of people to be advised to wear N95 masks outdoors. New York plans to distribute free masks starting today, while Canadian officials have recommended wearing masks for those unable to stay indoors. The smoky conditions are expected to continue through the weekend, with much…
- Business News
Thailand’s TPIPP allocates 14 billion baht to phase out coal by 2026
TPI Polene Power Plc (TPIPP), the leading waste-to-energy project developer and operator in Thailand, is set to continue its five-year capital expenditure plan of 14 billion baht. The plan, which began last year, aims to replace coal usage with renewable energy sources and increase the company’s power generation capacity. TPIPP has earmarked 3 billion baht for projects focused on reducing…
- World News
Record 13 million Chinese students tackle gaokao exams after zero-COVID rules lifted
A record-breaking 13 million Chinese students are set to take the notoriously challenging “gaokao” college entrance exams this year, following the lifting of the country’s zero-COVID rules. These exams, which test high school students on subjects such as Chinese, English, mathematics, and their preferred science or humanities subjects, play a crucial role in securing places at China’s top universities. “I’ve…
- Thailand News
Millionaire takes China’s gaokao exam for 27th time, seeking university dream
In a sea of young students taking China’s rigorous “gaokao” college entrance exam on June 7, 56-year-old Liang Shi stands out as a grey-haired, self-made millionaire attempting the test for the 27th time. Liang has come a long way from working in a factory to founding a thriving construction materials business, but one ambition remains unfulfilled: achieving a high enough…
- Business News
BAFS targets 7.5 billion baht revenue by 2026 with renewable energy focus
Bangkok Aviation Fuel Services Plc (BAFS) is predicting its revenue to hit 7.5 billion baht by 2026, with a significant boost from its diversification into renewable energy development. Although the jet refuelling service, which has bounced back from pandemic-induced losses over the past three years, remains the company’s primary focus, its earnings proportion is expected to decrease. BAFS estimates that…
- World News
UK ticket-holder claims £111.7m EuroMillions jackpot, surpassing celebrities
A UK EuroMillions player has stepped forward to claim the staggering £111.7m jackpot from Friday’s draw. If the win is verified, the fortunate individual will have a higher net worth than football star Harry Kane (£51m), actor Daniel Radcliffe (£92m), and singer Dua Lipa (£75m), as reported by the Sunday Times Rich List. Camelot UK Lotteries Limited, the operator of…
- Pattaya News
Aussie couple busted in Phuket for stealing 2.5 million from Chinese victim
In Phuket, an Australian couple was busted after allegedly stealing 2.5 million baht in a scam on May 31. Gao Jianjia, a 35 year old Chinese national, reported the incident to the Phaholyothin Police on May 29. He had posted online that he was interested in purchasing digital money through Binance, and a suspect contacted him via the Telegram application…
- World News
UK ticket-holder scoops £111.7m EuroMillions jackpot, urges Camelot check
A lucky UK EuroMillions player has become the winner of a staggering £111.7m jackpot, according to Camelot. Ticket holders are encouraged to check their numbers from Friday’s draw to see if they have won the life-changing prize. The winning numbers consist of 03, 12, 15, 25, and 43, while the Lucky Stars are 10 and 11. Andy Carter, the senior…
- Business News
Manufacturing Expo 2023 eyes 6 billion baht business deals at Bangkok event
Exhibition organiser RX Tradex is gearing up to facilitate business matching deals worth an estimated 6 billion baht during the Manufacturing Expo 2023, which is set to take place later this month in Bangkok. The event will showcase new Thai manufacturing trends and is anticipated to boost investment in the country, according to Varaporn Dhamcharee, the managing director of RX Tradex.…
- Transport News
Airport Rail Link suffers 70 million baht monthly loss amid 25% commuter drop
The State Railway of Thailand (SRT) reports that the Airport Rail Link (ARL) service has been losing 70 million baht per month, as it continues to carry fewer passengers than before the pandemic in 2019. To address long-standing operational issues, the SRT chose to involve a private company, Asia Era One, in managing rail operations during the pandemic. An agreement…
- Thailand News
Jackpot triumph: Lucky winner pockets 36 million baht from digital lottery ‘E-Wallet’
One lucky winner claimed the first prize of the digital lottery “E-Wallet” and scooped 36 million baht (US$1,000,000) from six tickets. Following the announcement of the government Lottery results today, June 1, the winning ticket numbers for the first prize were 125272, while the three-digit suffix prize numbers were 971 and 386. The two-digit suffix prize numbers were 09. According…
- Business News
Thai rubber industry gets 2 billion baht boost to increase global competitiveness
The Thai Finance Ministry has joined forces with the Thai Chamber of Commerce, and the Rubber Authority of Thailand to launch the Capital Flow in Rubber Industrial Estate project, aimed at enhancing the competitiveness of businesses in the rubber supply chain on a global scale. The rubber and rubber product exports amount to over 680 billion baht annually, with more…
- Thailand News
Ownership nightmare: British buyer’s 15 million baht condo purchase in Koh Samui hits legal roadblock
A British man filed a complaint with the Thai authorities after he bought a 15 million baht condominium in Koh Samui from a real estate company in the southern province of Surat Thani but could not obtain legal ownership. Many foreigners fell victim to this company, resulting in estimated damages of 100 million baht. A representative of the Thailand Consumers Council,…
- Thailand News
Thai armed forces plan to halve generals, save billions by 2027
Thailand‘s Defence Council has recently given the green light to a reform plan that aims to reduce the number of generals in the armed forces by 50% by 2027, as stated yesterday by Deputy Defence Ministry Spokesperson, Colonel Jittanat Punnotok. Currently, there are approximately 1,200 generals in the military, a military source told Bangkok Post. Between 2017 and 2021, the…
- World News
NHS-contracted staff risk missing out on pay rise for over a million health workers
Over a million National Health Service (NHS) workers are set to receive pay increases starting today, but thousands of staff contracted by the NHS may miss out on the negotiated pay rise. These staff members, employed by social enterprises contracted to work in primary care, mental health, charities, and other health sectors, have not yet been made eligible for the…
- Thailand News
Thai textile factory ordered to pay 19 million baht in overdue wages to workers
Textile factory workers in Thailand’s central Samut Prakan province are set to receive 19.33 million baht in unpaid wages, plus 15% interest, after labour authorities intervened on their behalf. The factory operator has been ordered to expedite the payment process for approximately 109 workers who had not received their full wages between July 2020 and April this year. These workers…
- World News
UN begins removing million barrels of oil from decaying Yemeni supertanker
The United Nations has initiated an operation to remove over a million barrels of oil from a deteriorating supertanker, FSO Safer, anchored off Yemen’s Red Sea coast. A salvage vessel carrying a team of experts arrived at the site on Tuesday to prepare the tanker for the transfer of oil to another vessel, Nautica, which is set to sail from…
- Thailand News
Money laundering mastermind nabbed: Chinese man busted in Pattaya for multibillion-baht scam operation
Thai authorities apprehended a Chinese man in Pattaya on charges of money laundering over 2.5 billion baht for the scam call centre gang based in Cambodia. The crackdown, led by the Thai Immigration Bureau (TIMB), was carried out in response to instances of criminal behaviour causing harm to citizens and tarnishing the country’s image. Details of the operation were released…
- Business News
Sappe Plc invests 1 billion baht in warehouse automation amidst wage hike
Sappe Plc, a leading beverage manufacturer, unveiled plans to construct an automated warehouse, establish a new production line, and implement a cost reduction scheme in response to the government’s commitment to increase the daily minimum wage. Piyajit Ruckariyapong, the company’s CEO, disclosed that the project is expected to cost around 1 billion baht between 2023 and 2024. Out of the…
