Search Results for: lion
- Business News
Megabangna mall invests 200 million baht to boost customer spending
SF Development Co, the firm behind Megabangna shopping mall, earmarked a 200-million-baht (US$5.6 million) budget for marketing, intending to drive up customer footfall and increase spending by 10-15%. Wanwimon Ordeedolchest, the Vice-President of Marketing at the company, revealed that the funds will be channelled into numerous events, activities, campaigns, and applications to draw in shoppers to Megabangna. “We will hold…
- Thailand News
Foreign men allegedly swindles 1.2 million baht from Thai victims
Two Thai victims sought help from Channel 7 after two foreign men swindled them out of US$34,700 (about 1.2 million baht) while the police delayed taking action on the case. A Thai woman named Karnratha, along with her boyfriend, implored Channel 7 to broadcast their story to put pressure on officers at Lumphini Police Station to take action on their…
- Thailand News
Thai airports set to soar with billion-baht boost
The AOT, eagerly awaiting the green light from the Civil Aviation Authority of Thailand (CAAT), is on the cusp of obtaining public airport certification for Udon Thani, Buriram, and Krabi airports. According to Police General Wisnu Prasatthong-osot, the visionary chairman of the board, the AOT will begin the development of its airports as planned once the certifications have been received.…
- Business News
Thailand targets 35 million international tourists
The Tourism and Sports Ministry of Thailand is optimistic about its ability to attract 35 million international tourists this year. This confidence stems from the fact that in the first month of the year alone, the country recorded three million foreign visitors. The encouraging figure was aided by daily arrivals exceeding 90,000 on weekdays and 100,000 during the weekends in…
- Thailand News
DSI seizes over 1,000 million baht from ‘Gofug’ lottery scam
The Department of Special Investigation (DSI) made a significant breakthrough in a high-profile case involving an online lottery scam and tax evasion, seizing assets from the Gofug network, including luxury vehicles and gold. The seizure came after coordinated raids across Bangkok and several provinces today uncovering a financial flow exceeding 1,000 million baht within the network. During a press conference,…
- Business News
Court cancels Elon Musk’s $56billion pay deal
Last week, Tesla CEO Elon Musk suffered a significant legal setback when a court nullified his US$56 billion pay package, marking one of the most substantial legal losses in US history. The suit was lodged by Richard Tornetta, a resident of Pennsylvania, who owned just nine shares in Tesla back in 2018. The case reached trial in late 2022 and…
- Thailand Hotels
Banyan Tree Founder developing USD2 billion international commmunity in Bangtao Phuket’s emerging Thonglor Lifestyle District
The resort island of Phuket which once was highly tourism dependent, has quickly evolved into a global hotspot as an international community for a rising tide of global citizens. Taking flight is a migration megatrend that is being driven not only by geopolitical events worldwide but a series of other emerging segments. Those highlighted in C9 Hotelworks latest research include…
- Thailand News
Lionel Messi arrives in Hong Kong for friendly match
Lionel Messi’s arrival in Hong Kong has sent football fever soaring in the region, as the mighty maestro and his Inter Miami cohorts landed at Hong Kong International Airport on their private jet. The football sensation’s visit, delayed by Riyadh Airport hiccups, has the city buzzing with anticipation. The team, fresh from two encounters against Saudi clubs in Riyadh, touched down…
- Thailand News
Thailand to expect 1 million tourists from China and Hong Kong during CNY
Alipay+ reported a prediction from the Tourism Authority of Thailand (TAT) that nearly 1 million foreign tourists, primarily from China and Hong Kong, are poised to flood into Thailand during the upcoming Chinese New Year, unleashing a potential economic windfall of 28.4 billion baht. Trip.com shared the staggering numbers, highlighting the skyrocketing outbound travel bookings from China leading up to…
- Thailand News
From brooms to boom: Street sweeper sweeps up 12-million-baht lottery jackpot
A street sweeper’s life transformed overnight when luck smiled upon her with a 12-million-baht government lottery win. Somsong Singsa, a 56 year old municipal worker from Si Sa Ket province, revealed that a vendor’s persuasion made her purchase two winning tickets. After four decades of toil, she now plans to resign and provide for her family, who are overjoyed at…
- Thailand News
Central Group grabs Ploenchit Road for record-breaking 16 million baht per square metre
The land price per square wah in the heart of Bangkok is set to smash records, with Central Group snatching up a plot on Ploenchit Road from the Sukosol family at 4 million baht per square wa (16 million baht per square metre). This coveted three-rai plot, formerly the Morakot parking lot nestled between Central Chidlom and Soi Somkid, has…
- Business News
Student Loan Fund recalculates debt repayment to reduce 100 billion baht bad debts
With a staggering 100 billion baht (US$2.8 billion) in bad debts, the Student Loan Fund (SLF) is set to see a decline in its debt pile following the implementation of a new debt repayment calculation method, according to SLF manager, Chainarong Kajchapanan. This change is a result of the recent amendment of the Student Loan Fund Act (No.2) 2023, which…
- Thailand News
Police raid exposes massive counterfeit cosmetics operation worth millions
The Thai authorities have cracked down on a colossal counterfeit cosmetics ring involving a Chinese investor and the illicit sale of beauty products worth millions. The Commissioner of the Police Consumer Protection Division, Police Lieutenant General Witthaya Sriprasertphap, along with relevant agencies, orchestrated a press conference on Monday, January 29 that marked the unravelling of a major illegal cosmetics empire. A…
- 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
Royal project scam exposed with six arrests and 270 million baht loss
An illicit operation, exploiting the name of royal projects to defraud unsuspecting investors, has been exposed. Six individuals implicated in the scheme have been apprehended, with damages resulting from the con estimated at a staggering 270 million baht (US$7.6 million). The arrests followed a comprehensive search operation spanning Bangkok, Lop Buri, Chachoengsao, Songkhla, and Nakhon Si Thammarat, confirmed Police Major…
- 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…
- Cannabis
Thailand’s Cannabis empire worth an estimated 2 billion baht
Cannabis in Thailand since its decriminalization on June 9, 2022, not only marked a monumental step forward in the entire South East Asian region but also an opportunity for an estimated whopping 2 billion investment value to the land of smiles. Enter Every Day Cannabis Co., Ltd provides professional consulting as well as agricultural planning and technology. Every Day Cannabis…
- 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
Billion-baht pyramid scam suspect nabbed after years on the run
Law enforcement officials apprehended a key figure in a multibillion-baht pyramid scheme after more than a decade on the run. The wife of the owner of Ufun Store, accused of orchestrating a fraudulent chain-share operation that deceived thousands of people, was arrested in Sri Sa Ket province. The criminal operation, which has caused financial damages amounting to billions of baht,…
- 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…
- Phuket News
Phuket eyes 50 million baht funding for critical environmental projects
A sense of optimism is in the air as Phuket Governor Sophon Suwannarat expressed confidence that the province would secure funding for two critical environmental projects. These projects are part of the emergency budget deliberations at the mobile Cabinet meeting in Ranong. The governor elucidated that each province has an allocation of 50 million baht under consideration. The funds are intended…
- 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…
