Search Results for: lion
- 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,…
- Thailand News
Delivery rider disguise: Armed man coerces Chinese merchant for 2 million baht
An indebted young man, disguised as a delivery rider and armed with a gun, coerced a Chinese merchant into transferring 2 million baht by claiming the money was for his child’s medical treatment. The assailant promised to return the money in six months. The incident occurred at the Kukot Police Station in Pathum Thani province. Senior Police Colonel Jirasan Kaewsangaek,…
- Thailand News
Major drug bust in Thai-Myanmar border, 50 million amphetamine pills found
A major drug suspect was apprehended by Thai authorities as they stormed an old shop, uncovering a stash of approximately 50 million amphetamine pills. The premises, discovered today, were found to have secret entrances leading to the Thai-Myanmar border, facilitating illicit cross-border activities. The suspects, 30 year old Pitiphan Nomsoongnern, also known as Num, and 24 year old Pornsiri Kongnandi,…
- Thailand News
Thai government sanctions 750 million baht for workers affected by Israel-Hamas conflict
The Thai government sanctioned a 750 million baht fund to compensate Thai workers impacted by the Israel-Hamas conflict. This decision was announced by government spokesperson Chai Wacharonke yesterday. Giving the go-ahead to utilise the emergency central budget of the current fiscal year, the Cabinet has approved this proposal from the Labour Ministry. This move is designed to aid Thai workers…
- Thailand News
High-flying stash: Wirral man’s 260 kilo cannabis catch worth 33 million baht seized at Birmingham Airport
A man from the Wirral in Merseyside, Liverpool was found with a staggering 260 kilogrammes worth of cannabis worth 750,000 British pounds (33 million baht) at Birmingham Airport after landing via a flight from Bangkok. The man landed in the UK on November 29 when police discovered two suitcases of cannabis worth 30 kilogrammes. The arrest is not a single incident.…
- Thailand News
Thai Airways’ billion-dollar gamble: Boeing dominates as Airbus left on runway
Thai Airways International is on the verge of sealing a blockbuster deal with Boeing for a fleet expansion, leaving Airbus in the dust. The stakes are sky-high in this multi-billion dollar saga, with insider sources revealing the ins and outs of this high-flying negotiation. In an aviation showdown, Boeing emerges victorious as Thai Airways gears up to finalise a deal…
- Thailand News
Thai government proposes 15 billion baht plan for informal debtors relief
The Ministry of Finance proposed a plan to the Cabinet to assist informal debtors, allocating a budget of 15 billion baht through the Government Savings Bank (GSB) and the Bank for Agriculture and Agricultural Cooperatives (BAAC). This initiative will also aid debtors affected by the Covid-19 situation who have lost their credit bureau records. At the Government House at 10am…
- Thailand News
Thailand’s 2 billion baht electricity subsidy for 17.7 million households
The Thai Cabinet has allocated 2 billion baht to subsidise electricity costs for 17.7 million vulnerable households. The scheme, set to be a new year’s gift, will apply to those using no more than 300 units of electricity per month, maintaining a cost of 3.99 baht per unit. Deputy Prime Minister and Energy Minister Peeraphan Salirathaviphak, stated today, December 8,…
- Thailand News
Counterfeit gold ornaments worth 3 million baht found on Chaeng Watthana Road
Expressway Traffic Police officers yesterday reported a large black bag found on the outbound lane of Chaeng Watthana Road to Pak Kret Police Station, Nonthaburi. The bag, discovered on the expressway, contained a camouflaged backpack filled with various types of ornamental gold, weighing no less than 100 baht. Officers could not immediately identify whether the jewellery was real or fake.…
- Thailand News
Thai health official’s family embroiled in 50 million baht corruption case
Public Health Minister Chalnan Srikaew today revealed a corruption case involving a senior official from the Department of Medical Science, her daughter, and her son-in-law. The trio was involved in fraudulent activities, falsifying documents, and misappropriation of funds causing over 50 million baht in damages. Chalnan yesterday received a report from Yongyos Thamwutti, the acting director of the Department of…
- Thailand News
World’s largest private jet, the Flying Palace, drops price to 16 million baht
The world’s largest and most luxurious private jet, the Boeing 747-8, often dubbed the Flying Palace, announced a significant price drop to fly in the globe’s most expensive aeroplane. The gigantic aircraft, unmatched in its size in the private jet sector, is outfitted with all the necessities one could need when travelling at an altitude of 40,000 feet. The Flying…
- Thailand News
Bangkok’s retail revolution: Emsphere unveils glamorous shopping oasis worth 20 billion baht
Bangkok‘s shopping arena just hit the jackpot with the grand opening of Emsphere, the glittering jewel in the Em District crown. Packed with star-studded events and jaw-dropping features, this 20 billion baht retail haven is set to catapult Bangkok into the global retail spotlight. Emsphere, the latest addition to the Em District in Phrom Phong, Sukhumvit Road, opened its doors…
- Thailand News
Cable cash approved: Thai Cabinet greenlights 28 million baht for sky-high project in Phu Kradueng
The Thai Cabinet recently approved a 28 million baht budget to design a contentious cable car project at Phu Kradueng National Park in Loei, according to Lertsak Watthanachaikul, a Pheu Thai Party MP for Loei. This was further confirmed by PM’s Office Minister Puangpet Chunlaiad, a former Loei MP, who stated the design fund was presented to the cabinet at…
- Pattaya News
Lampang high-speed chase ends with seizure of 1.3 million amphetamine pills
Amidst the serene landscapes of Lampang, the tranquillity was shattered on December 6, as a high-speed chase ended in the capture of two alleged drug smugglers with amphetamine pills. The suspects, identified only as 43 year old Worapot and Chainarong, were found in possession of an astonishing 1.3 million amphetamine pills. The apprehension of such a significant drug haul was…
- Thailand News
Bankrupt millionaire seeks opportunities and jobs after life as thief
A victim urged the Thai police to arrest a former millionaire in Chon Buri who, facing bankruptcy, resorted to becoming a thief. The man evaded several arrests by claiming he was mentally ill, evoking sympathy from some, who wished he could rebuild his life. One Facebook user, Aroon Kab, shared security camera footage of a man stealing three aluminium step…
- Thailand News
Thai officials nabbed for 8 million baht procurement scam
Thai anti-corruption forces today led by Police Major General Prasong Chalermphan along with other officials, raided and arrested a mother and her daughter, both officials of the Department of Medical Sciences, Ministry of Public Health, for allegedly forging procurement documents resulting in losses exceeding 8 million baht. The main target was a building within the Department of Medical Sciences in…
- Thailand News
Over 2,500 debtors in Nakhon Ratchasima seek resolution for 195 million baht informal debts
Over 2,500 debtors in Nakhon Ratchasima have registered for assistance in resolving their informal debts, amassing a total debt of 195 million baht. The highest number of registrations came from the Mueang district. The scene at the registration point in Mueang Nakhon Ratchasima district was bustling with both debtors and creditors seeking to register for state assistance in addressing their…
