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- 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…
- Business News
Central Pattana invests 1 billion baht in the Greatest Grand Sale 2023 campaign
Central Pattana Plc (CPN) joined forces with companies under the Central Group umbrella and leading business partners to invest over 1 billion baht in a mid-year sales campaign titled The Greatest Grand Sale 2023. The campaign will take place across shopping centres, department stores, and Central’s online platform, offering discounts of up to 80% at 9,500 stores, including over 16,500 brands,…
- World News
Singapore’s private home prices soar to US$1.2 million, topping Asia Pacific cities
The median price of a private home in Singapore reached US$1.2 million in 2022, making it the highest among Asia Pacific cities, according to a report by the Urban Land Institute (ULI) Asia Pacific Centre for Housing. Singapore is also ranked as the most expensive city in the region for renting a private home. The median private home price in…
- Business News
Thailand sees 1 million Chinese tourists from January to May 18
Between January and May 18, Thailand welcomed 1 million Chinese tourists, following China’s border reopening, a government official reported. The Thai government is optimistic about achieving its target of five million Chinese visitors this year, with an expected spending of 446 billion baht. Government spokesperson Anucha Burapachaisri announced in a statement that the number of Chinese tourists visiting Thailand has…
- Crime News
Journalist arrested for allegedly demanding millions in bribe to drop charges in Thailand
There’s been another bribery scandal in Thailand. A journalist has been arrested in Thailand for allegedly using her connections with a senior police officer to demand 14 million baht from a Chinese suspect in return for having charges against her dropped. National deputy police chief Surachate “Big Joke” Hakparn revealed the arrest on Saturday, stating that Guo Rui, also known…
- Crime News
Fugitive swindles millions from Thai lottery buyers, eludes arrest for 6 years
Police from the PCT5 division arrested a Thai fugitive in connection with a fraudulent investment scheme involving government lottery quotas. The fugitive allegedly swindled victims out of over 50 million baht before evading capture for six years, Khaosod reported. Today, Pol. Lt. Col. Theeradech Thamsuthee, head of the Special Operations Unit 5, led the team of PCT5 officers in arresting…
- Environment News
Bangkok seeks 90 billion baht budget approval for green spaces and pollution projects
The Bangkok Metropolitan Administration (BMA) is set to request a 90 billion baht budget for 2024, with plans to revise policies in line with global trends and the new cabinet’s direction. This decision follows a recent meeting of the Bangkok Executive Board, chaired by Governor Chadchart Sittipunt. Chadchart revealed that the budget management format would adopt a zero-based budgeting approach.…
- Business News
Thailand on track for 10 million tourists despite low season
The Tourism Authority of Thailand (TAT) anticipates that by the end of this month, Thailand will have welcomed 10 million foreign tourists, with at least 2 million visitors per month expected during the low season. TAT Governor Yuthasak Supasorn stated that Thailand has consistently recorded over 50,000 arrivals daily, indicating that the monthly minimum rate of 2 million visitors during…
- World News
Priceless piece of history: Last Emperor of China’s watch fetches record-breaking US$5.1 million at Hong Kong auction
A rare Patek Philippe watch once owned by Aisin-Gioro Puyi, the last emperor of China‘s Qing Dynasty, has been sold at auction in Hong Kong for a record-breaking HK$40 million (US$5.1 million). An anonymous buyer purchased the timepiece, which had been gifted by Puyi to his Russian interpreter during his imprisonment by the Soviet Union. The sale price, which did…
- Thailand News
3 DSI officers and ex-consul of Nauru accused of swindling 10 million baht
Three officers from the Department of Special Investigation (DSI) and the former consul of the Nauru Consulate in Thailand reportedly swindled 10 million baht from Chinese nationals suspected of operating illegal businesses in Thailand. The accused DSI officers surrendered yesterday. On December 22 of last year, DSI officers conducted a raid on a residence in Bangkok that served as the…
- Business News
Thai government revenue exceeds target by 112 billion baht amid economic recovery
The Ministry of Finance announced that government revenue collection for the first seven months of fiscal 2023 (October to April) surpassed the target by 112 billion baht, primarily due to contributions from agencies other than the Revenue Department. This information was shared by Pornchai Thiraveja, director-general of the Fiscal Policy Office. The government collected a net revenue of 1.38 trillion baht…
- Thailand News
Thailand boosts safety measures to attract 5 million Chinese tourists
The Tourism Authority of Thailand (TAT) and the Tourist Police Bureau are focusing on enhancing safety measures for travellers as the number of Chinese tourists to the country reaches 1 million. TAT aims to attract five million Chinese tourists this year, with around 70% expected to be independent travellers with high purchasing power. However, there are challenges, such as a…
- Thailand News
Farmer in Thailand puts buffalo up for sale for US$1.5 million
A farmer in Thailand put a giant water buffalo up for sale for 50 million baht (US$1.45 million) yesterday. Forget a pool villa in Phuket, for the same price you could bag yourself one of the biggest buffaloes Thailand has ever seen. “Petch Lamkhong,” a three year and five month old water buffalo (“kwai“) from “Big Ice Farm” in Phitsanulok, weighed…
- Tourism News
Thailand sees 9.47 million tourists, Chinese visitors to boost growth
The number of foreign tourist arrivals in Thailand has reached 9.47 million this year, contributing approximately 391 billion baht (US$11 billion) to the nation’s revenue, as reported by government spokesperson Traisuree Taisaranakul. Traisuree stated today that the anticipated rise in Chinese tourists will likely boost the growth of Thailand’s tourism sector even further. She also highlighted that the majority of…
- Crime News
4 suspects arrested for smuggling 7 million meth pills near Mekong River
Officers from the Narcotics Suppression Bureau (NSB) arrested two Thai men and two Thai women near the Mekong River in the Isaan province of Nakhon Panom after the gang smuggled seven million meth pills into Thailand and prepared to deliver them into a third country. The NSB released the details of the drug bust on Tuesday, May 16 during a…
- Thailand News
Construction worker’s dream leads to staggering 12 million baht lottery win
A 61 year-old construction worker from a village in Subsomotod, Beung Sam Pan District, Phetchabun province, won a staggering 12 million baht in the lottery after following the advice of a dream. Samanee Plookjai purchased the winning tickets based on the dream’s suggestions. The Thai grandmother plans to use the money for her five grandchildren’s tuition fees, Sanook reported. Samanee…
- Thailand News
MP candidate loses election but wins 24 million baht lottery
He may have lost out trying to be a Member of Parliament (MP) in Sunday’s General Election but Pheu Thai Party MP Udom Kanmuang was a lucky winner in yesterday’s Thai lottery, scooping an incredible 24 million baht. Udom represented the Pheu Thai Party in the 1st constituency of the Mueang district of Samut Sakhon. The former village chief of…
- Pattaya News
Bangkok Police bust sex toy ring, seize over 1 million baht worth of items
Bangkok Police apprehended three individuals accused of selling sex toys and confiscated over 1 million baht worth of products on Friday. The suspects, only identified as Tanayong, 29 years old, Kanree, 27 years old, and Ilda, 32 years old, were detained at their residence in Foresta Village, located in Bangkok’s Nong Chok district. Their surnames have been withheld by the…
- Business News
Thailand Plus Package extension anticipated to attract 6 billion baht investment in three years
The Revenue Department anticipates that the tax measures designed to support the relocation of foreign investors’ production bases will generate investment of approximately 6 billion baht within three years, according to Deputy Director-General Vinit Visessuvanapoom. Visessuvanapoom explained that the cabinet has given its backing to an extension of the tax measures, also referred to as the Thailand Plus Package, which…
- Thailand News
Thai Airways anticipates 130 billion baht revenue this year
Thailand’s flagship carrier, Thai Airways (THAI) is optimistic about its revenue this year. Thai Airways is anticipated to accumulate at least 130 billion baht in revenue this year after its net profit in the first quarter reached 12.5 billion baht. THAI CEO Chai Eamsiri announced yesterday that the airline is projected to complete its financial rehabilitation in 2025 as planned,…
- Business News
Thaifoods Group to invest billions in expansion and new retail outlets
Thaifoods Group Plc (TFG), a leading chicken and pig producer in Thailand, has announced plans to invest between 3 billion and 3.5 billion baht in expanding its business this year, with a particular focus on opening new retail outlets. Chief Operating Officer Phet Nantavisai stated that 2 billion baht of the investment will be allocated to the expansion of the…
