-
Business News
Thai bonds surge 5.8% amid elevated corporate debenture issuance
Thai bond valuations experienced a notable increase of 5.8% within the first nine months of the year, skyrocketing to a colossal 16.7 trillion baht. This rise was predominantly propelled by government and corporate bonds, as revealed by the Thai Bond Market Association (ThaiBMA). Corporate debentures, a significant part of this upswing, saw an issuance of 825 billion baht from January…
Read More » -
Business News
Inheritance tax law changes aim to reduce economic inequality
A revenue department insider has revealed plans for the adoption of the prime minister’s proposal to make changes to the inheritance tax law. The objective of the amendment is to reduce economic inequality, according to the anonymous source. The source disclosed three key points that form the guidelines for the amendment. The first is the application of the inheritance tax…
Read More » -
Business News
Thailand’s commerce ministry aims for 20% cross-border trade boost
The Commerce Ministry of Thailand has an ambitious vision for the upcoming year – pushing cross-border trade value to 1.2 trillion baht, marking a 20% increase from this year’s estimated 1 trillion baht. Deputy Commerce Minister Napintorn Srisunpang, the overseer of the Business Development Department, Trade Negotiations Department and Foreign Trade Department, disclosed the ministry’s strategy to achieve this. They…
Read More » -
Business News
Thai government’s 5% GDP growth aim deemed optimistic amidst challenges
The administration of Prime Minister Srettha Thavisin aims to boost annual GDP growth by 5%. This goal was unveiled during a policy statement delivered by the premier to the heads of government agencies last week during discussions about the fiscal 2024 budget. However, the World Bank recently cut its growth forecast for Thailand to 3.4% this year and trimmed its…
Read More » -
Business News
AI adoption boom: Igniting innovation, doubling productivity, and fostering cross-gen cooperation
The revolution of Artificial Intelligence (AI) in businesses is underway, igniting innovation, boosting productivity by twofold, and fostering cross-generational cooperation. Currently, the United States alone hosts over 14,700 AI startups, with more sprouting daily, according to McKinsey. Forecasts suggest that AI adoption and digitisation will automate between 30% and 40% of existing jobs, augment 50 to 60% of job tasks,…
Read More » -
Thailand News
Mongolia opens honorary consulate in Phuket, boosting ties
Phuket marked a significant milestone as Mongolia inaugurated its honorary consulate on the island, coinciding with the 49th anniversary of its diplomatic ties with Thailand last week. The consulate’s office is located at the Gig Hotel on Soi Bangla in the Patong district. The opening ceremony saw the attendance of key figures including Tumur Amarsanaa, Mongolia’s ambassador to Thailand, Nutthaphong…
Read More » -
Thailand News
Elderly woman in Buriram lives alone without basic amenities for 30 years
An 84 year old woman has been living alone for over 30 years without any basic facilities such as electricity and water in her Buriram home. This distressing scenario unfolded in the Buriram province where the woman lives in a dilapidated house. She is unable to walk and relies on the kindness of her neighbours and leftover food from a…
Read More » -
Thailand News
DSI crackdown on counterfeit dietary supplement warehouse in Chon Buri costing over 10 million baht
The Department of Special Investigation (DSI) raided a warehouse in central Chon Buri storing counterfeit dietary supplements for humans and pets, causing damages exceeding 10 million baht. The raid was carried out in response to Thailand being closely watched by the US Trade Representative (USTR) for intellectual property rights violations and stemmed from tips about unlawful sales of supplements via…
Read More » -
Thailand News
Thailand’s TCL suspends VIP bus service after passenger complaints, slaps 10,000 baht fine on operator
Dr Sanlak Panuwatli, the managing director of Transport Company Limited (TCL), addressed recent complaints made by passengers about the standard of their VIP bus services. The complaints were raised on the Facebook page อยากดังเดี๋ยวจัดให้ รีเทริน์ part 6, which posted images and messages about the substandard conditions of TCL’s VIP buses. Upon investigation of the raised issues, TCL found that the…
Read More » -
Crime News
Teenager loses finger in violent gang clash at Pattaya skatepark
Chaos ensued in the early hours of the morning today, at a Pattaya skatepark near Laem Bali Hai whre a violent encounter between two youth gangs led to a teenager losing his finger and two others suffering injuries. The incident, taking place around 4am, sparked panic among tourists who were spending their time near the skatepark at Bali Hai Pier, Pattaya.…
Read More » -
Bangkok News
Former diplomat found dead in Bangkok luxury home under mysterious circumstances
The body of a former diplomat was discovered in the bathroom of a luxurious house, locked from the outside and covered with cardboard boxes today. The house, located in the affluent neighbourhood of Soi Vibhavadi Rangsit 20, Jom Phon, Chatuchak, Bangkok, was inspected by Deputy Superintendent Puthipong Hongthong and his team following the report of a death. The three-storey luxury…
Read More » -
Pattaya News
Unexpected sinkhole appears on Pattaya Third Road, sparks safety concerns
Pattaya witnessed an unexpected event as a sinkhole emerged on Pattaya Third Road, raising safety concerns among the public. This event took place yesterday, on a minor stretch of Pattaya Third Road, which forms a link between Central Pattaya and North Pattaya, near an intersection. The sinkhole, though small in size, has caused an alarming situation as it has resulted…
Read More » -
Thailand News
Thai family identifies son among captives in Hamas-Israel conflict
A couple from Pla Pak district, in the northeastern border province of Nakhon Phanom, Thailand, have positively identified their son as one of the workers reportedly captured by Hamas militants during a large-scale assault on Israel. The news of the abduction, which occurred yesterday, spread rapidly through social media, featuring a distressing image of six captive men with their hands…
Read More » -
Thailand News
Accused gambling MP sits on Anti-Corruption Committee, claims Thai Patriots Network leader
Srisuwan Janya, the leader of the Thai Patriots Network, revealed that a member of Ratchaburi’s House of Representatives, previously accused of gambling in a viral video, sits on the Anti-Corruption Committee. This is a committee that is highly contested, especially when the individual was a member of the Blue Party during his tenure as a Ratchaburi representative. Despite the selection…
Read More » -
Thailand News
Thai national killed, 11 detained in Israel amid evacuation challenges
A Thai national lost his life and approximately 11 others were taken into custody during a Hamas assault on Israel, disclosed Thailand’s Prime Minister Srettha Thavisin, early today. He also highlighted the ongoing air travel restrictions that are hindering evacuation efforts. Ahead of his international journey from Sunday to Thursday, PM Srettha shared at Wing 6 in Don Muang that…
Read More » -
Thailand News
Buriram military officer seeks forgiveness after killing two cyclists in hit-and-run accident
A 52 year old military officer from a camp in Buriram province has requested permission to conduct funeral rites for two cyclists he fatally struck with his pickup truck. The incident involved six bicycles and took place on Highway No. 24 from Chokchai to Dech Udom, specifically at the 133+800 km mark in Chalerm Phrakiat district. The collision resulted in…
Read More » -
Business News
Thai CEOs discuss sustainability’s key role in supply chain survival at SX2023
The Sustainability Expo 2023 (SX2023) has illuminated the essential role of sustainability in successful supply chain networks. The Thailand Supply Chain Network (TSCN) Business Partners Conference, also known as the TSCN CEO Panel, took place at the Queen Sirikit National Convention Center as part of the ongoing expo. The key topic of discussion was the self-application of sustainable practices for…
Read More » -
Thailand News
Thai PM’s diplomatic tour to boost ties, revive tourism hit by mall shooting
Prime Minister Srettha Thavisin embarks on a five-day tour to Hong Kong and three ASEAN nations, beginning Sunday. The journey commences from the Royal Thai Air Force’s (RTAF) terminal at Don Mueang Airport, with the Airbus 320 aircraft setting course for Hong Kong. Post the Hong Kong visit, the premier’s itinerary includes Singapore, Brunei, and Malaysia, with his return scheduled…
Read More » -
World News
Chinese student profits from booming bridesmaid rental industry, earning up to 1,500 baht per wedding
A 21 year old Chinese student has made a lucrative part-time career as a professional bridesmaid for hire, having attended over 50 weddings. It’s not her fame that has led to these invitations, but her role as a paid companion for brides. For each event, she earns a starting fee of around 288 yuan, approximately 1,500 baht (US$40), which is…
Read More » -
Road deaths
Tourist vehicle overturns on Doi Inthanon injuring six: Driver’s unfamiliarity suspected
A tourist vehicle overturned on Doi Inthanon, resulting in injuries to six passengers. The accident happened near kilometres 32-33 on the route to Doi Inthanon, a mountain located in the Ban Luang district of Chom Thong, Chiang Mai. The injured passengers had to crawl out of the wrecked Toyota Fortuner. The accident occurred around 6pm yesterday, involving a black Toyota…
Read More » -
Thailand News
Bangkok workers rally for better employment conditions and against privatisation
World Day for Decent Work was marked by a significant rally in Bangkok, where approximately 600 workers rallied for their cause. The protestors demanded the government address unjust employment conditions and enhance employment security. The rally, which took place along Ratchadamnoen Avenue, saw the participation of members from the Thai Labour Solidarity Confederation (TLSC), the State Enterprises Workers’ Relations Confederation…
Read More » -
Politics News
Democrat demands probe into Thaksin’s hospital stay amid preferential treatment claims
Watchara Phetthong, a veteran Democrat and former Member of Parliament, urged the House panel overseeing police affairs to investigate the circumstances surrounding the hospitalisation of the ex-prime minister, 74 years old Thaksin Shinawatra. Accusations of preferential treatment have been fuelled by an undisclosed photograph of Thaksin seen enjoying pool time with his grandchild. At a press conference to highlight his…
Read More » -
World News
Chinese groom defends plus-sized bride against wedding day ridicule
A recent wedding in Jiangsu province, China, became a hot topic due to the stark contrast in the bride and groom’s appearances. The bride, who weighed over 200 kilogrammes, was publicly ridiculed for her size, causing her to cry during her wedding ceremony. On the other hand, the groom, a standard-sized man, was left to console his new wife amidst…
Read More » -
Pattaya News
Indian national loses US$2,200 in Pattaya ride-hailing incident
Pattaya was the scene of an unfortunate event today, at 1am when a 28 year old Indian national and his Thai companions found themselves in a distressing situation. The group utilised a popular ride-hailing application to secure transport from Soi Buakhao to Walking Street in South Pattaya. However, the night took a turn for the worse when he realised he…
Read More » -
World News
Heartbreaking secret thwarts Vietnamese woman’s romance with wealthy boyfriend
A Vietnamese woman was shocked when her mother refused to approve of her relationship with her handsome and wealthy boyfriend. The refusal came without explanation, leading the distressed woman to threaten suicide, prompting her mother to reveal the heartache she had been silently carrying for 35 years. The 30 years old woman was the only child in her family. Her…
Read More » -
Thailand News
Tesla’s safety feature confuses Thai Songthaew passengers with pedestrians, causing hilarity amongst netizens
A Japanese YouTuber driving a Tesla in Thailand found himself perplexed when the car repeatedly warned him of pedestrians crossing in front. However, upon looking up, he saw nothing. The amusing reality emerged later when he realised the car was not identifying people cutting in front but mistakenly interpreting people hanging on the back of Thai Songthaew, or two-row pick-up…
Read More » -
Business News
SET anticipates foreign investor return amid economic policy progress
The Stock Exchange of Thailand (SET) anticipates a resurgence of foreign investors as progress in the nation’s economic policies, baht stability, and economic recovery gains momentum. Over the past eight months, foreign investors have sold more than they purchased, resulting in a net outflow of 22.4 billion baht (US$ 606,388,832). Despite this, the foreign investor trading ratio remained the highest…
Read More » -
Politics News
Thai Cabinet approves assembly for constitutional referendum, amid MFP exit
The assembly to draft a referendum on revising the constitution is set to convene on Tuesday, following the Cabinet’s recent approval of its 35 members, reveals Chusak Sirinil, a member of the assembly. The assembly, under the leadership of Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai, will deliberate on modifications to the committee after the exit of the…
Read More » -
Business News
UHG announces 3.1 billion baht investment in new Thai hotel developments
UHG, a prominent developer of hotels and offices, has announced plans to invest 3.1 billion baht in the construction of two new hotels in Ramkhamhaeng and Phaya Thai. The investment supports UHG’s strategy to capitalise on the potential of these areas and cater to the high demand experienced by its nearby hotels. Wutthiphon Taworntawat, the managing director, highlighted the strategic…
Read More » -
Road deaths
Late night motorcycle accident on Chachoengsao bypass road claims life
A tragic motorcycle accident that involved a collision with a barrier on a bypass road in the area of Wat Thawil Silamongkol, in Mueang Chachoengsao’s Tha Khai sub-district, claimed the life of 34 years old man. The incident, which took place at approximately 12.30am today, was witnessed by a lorry driver who saw his erratic riding just before the accident.…
Read More » -
Thailand News
Thai government boosts safety measures after Siam Paragon shooting incident
Heightened safety measures are set to be implemented by the Thai government in a bid to restore the confidence of foreign tourists, following the recent shooting incident at Siam Paragon. Two foreigners, one from China and the other from Myanmar, lost their lives in the incident which also left five others injured, including another Chinese national, a person from Laos,…
Read More » -
Business News
AstraZeneca and Thai agencies collaborate to boost AI in healthcare
The Digital Economy and Society (DES) Ministry and the Digital Economy Promotion Agency (Depa) have joined forces with AstraZeneca (Thailand), a biopharmaceutical company, to boost digital healthcare innovation within the Thai public health system. Their goal is to enhance the quality of life for Thai citizens through the use of cutting-edge technology. The most recent collaboration involves a memorandum of…
Read More » -
Economy News
Thai government to give 10,000-baht digital wallet to citizens despite criticism
Despite facing staunch criticism from experts, Prime Minister Srettha Thavisin confirmed on Friday that the Thai government will proceed with its plan to distribute a 10,000-baht digital wallet to every Thai citizen over the age of 16. This announcement comes in response to comments from Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput, who criticised the economic stimulus policy. PM Srettha…
Read More » -
Best of
Best new restaurants in Bangkok (so far)
As Bangkok’s bustling food scene continues to evolve, fresh and delightful dining experiences are popping up across the city. Perfect for those with an appetite for culinary adventure, the Thai capital never fails to deliver the goods – exciting the senses and setting a new benchmark for urban epicureans. Below, we’ve compiled some of the best new restaurants that Bangkok…
Read More » -
Road deaths
Teenage motorcyclist killed in fiery collision with car on Phetchabun’s Chomthirawet Road
A tragic road accident involving a saloon car and a teenage motorcyclist sparked a blaze that engulfed both vehicles. The collision occurred on Chomthirawet Road, Chon Daen-Dong Khoi route, between kilometres 33-34 in Ban Kutti Phra, Tha Kham subdistrict, Chon Daen district, Phetchabun province. The motorbike rider, a 19 year old woman, tragically lost her life. The incident took place…
Read More » -
Business News
Vegetarian festival expected to boost Thai economy with record high spending
The annual vegetarian festival, set to take place from October 15 to 23, is predicted to spur a record 10-year high spending of 44.6 billion baht (US$ 1,207,363,478), marking a 5.5% growth compared to the previous year, as revealed by Thanavath Phonvichai, the President of the University of the Thai Chamber of Commerce (UTCC). The rise in expected expenditure is…
Read More » -
Thailand News
Thailand tackles delivery rider accidents with defensive driving training
Last year, 81 delivery riders suffered road accidents in Thailand, leading to 28 fatalities and 36 severe injuries. Speeding, lane violations, using mobile phones while driving, and time pressures for delivery were identified as the primary causes. Kongkarn Takhiranrit, the acting director of the Social Risk Control Office at the Thai Health Promotion Foundation (ThaiHealth), revealed that delivery riders and…
Read More »