News
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Sponsored Infinito helps hotels in Thailand with revenue management
Maximising revenue and profit–isn’t that the ultimate goal for every business in the hospitality industry? If you run a hotel, you might have heard that revenue management is an effective way to boost your top-line revenue. It involves using data...
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Thailand’s internal trade dept to cut pig production for price stability
The Internal Trade Department is looking to partner with the Department of Livestock Development (DLD) and the Swine Raisers Association of Thailand, with a plan to cut pig production down to an average of 8,000 piglets each day. This action aims to stabilise the price for livestock producers across the country. According to the director-general of the Internal Trade Department,…
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Loan rejections soar for Thai homes under 3 million baht
The Thai housing market is facing a significant challenge as a growing number of loan applications for homes priced below 3 million baht are being rejected. According to the Housing Finance Association, the rejection rate has spiked to 50%, highlighting the vulnerability of this segment despite its substantial market size. The association’s secretary-general and chairman of the executive board, Alangkot…
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Over a million Buddhists gather to venerate Buddha’s relics in Bangkok
Sanam Luang in Bangkok recently played host to over 1 million Buddhists who congregated to venerate the relics of the Lord Buddha and his chief disciples, Sariputra and Moggallana. The Ministry of Culture reported this mass gathering took place between February 24 and March 3. The Culture Minister, Sermsak Pongpanich, revealed that roughly 100,000 Buddhists visited each day during the…
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Thai economy set for revival amid global uncertainties
The Federation of Thai Capital Market Organizations (FETCO) anticipates a revival of the Thai economy in the latter half of the year, supported by potential interest rate reductions. This optimistic outlook emerges amidst global economic uncertainties, with possible recessions in the UK and Japan, and China grappling with a prolonged property crisis. FETCO chairman Kobsak Pootrakool believes that the global…
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Foreign currency deposits surge in Thailand
The past year has seen a significant upturn in foreign currency deposits (FCDs), spurred by appealing interest rates due to global rate hikes. According to data from the Deposit Protection Agency (DPA), member financial institutions observed a surge in FCDs to a total value of 812 billion baht (US$22 billion) by November 2023, up from an earlier figure of 640…
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Rama II expressway construction issues prompt contractor downgrade considerations
The construction of the Rama II Road expressway, currently plagued by delays, substandard work and safety concerns, has prompted Prime Minister Srettha Thavisin to consider downgrading contractors responsible for the project. The state budget office was instructed to investigate possible penalties for the contractors involved. Patricia Mongkhonvanit, director-general of the Comptroller General’s Department, was called to meet with the prime…
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Swiss national’s visa status under review following Phuket assault
The visa status of a Swiss national, embroiled in an assault case in Phuket, is set to undergo review by the immigration police, according to Deputy Phuket Governor, Adul Chuthong. The Swiss national, known as Urs Fehr or David, whose visa is due to expire on March 13, is the operator of several Thai businesses and has a registered foundation…
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Violent clash between Thai and Filipina trans groups rocks Bangkok
Chaos erupted early this morning outside a hotel on Sukhumvit Soi 11 when a violent confrontation broke out between Thai and Filipina ladyboys. The Thai group assembled in response to an incident today, March 5, where a Thai ladyboy was assaulted and robbed by a group of about 20 Filipina ladyboys. Tensions heightened as the Thai group demanded justice, leading…
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Pattaya woman injured by glass thrown in dog-caused dispute
A 37 year old local woman named Amawalee Tongfark, found herself in an unfortunate altercation when a glass, thrown by a foreign man, left her with an arm injury in Pattaya. The incident, which was sparked by an agitated response to a barking dog, occurred at a cafe near Jomtien Beach where Amawalee and a friend were spending time. The…
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Drunken altercation in Pattaya ends in injuries and property damage
In Pattaya, a heated altercation escalated into a violent incident in a rented room in the Nongprue sub-district, Banglamung district, Chon Buri province. The incident, which occurred at around 2am yesterday, ended in multiple injuries and a considerable amount of property damage. The police were first alerted to the situation when they received a call from the Nongprue Police Station…
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Suspect surrenders in Pattaya Bolt rider murder case
Pattaya experienced a shocking turn of events when a man suspected of a brutal murder yesterday voluntarily handed himself over to the police. Piriyapong Nampetcharoenphon, known locally as U, presented himself at the Nongprue Police Station at 12.30pm on Monday, March 4, following an arrest warrant issued by the Pattaya Provincial Court. The warrant was connected to the fatal shooting…
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British man dies from vitamin D overdose, spurs health warning
An 89 year old British man tragically passed away after nine months of consuming excessive amounts of vitamin D supplements, leading to a fatal case of hypervitaminosis D. This is characterised by elevated blood calcium levels, which ultimately caused heart failure. The incident has sparked medical professionals to raise alarms over the potential dangers of overconsumption of dietary supplements. David…
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Thai call center scam mastermind nabbed at border
The Thai authorities arrested a Thai national, on charges related to operating a call centre scam that duped victims into installing fake electricity utility apps and draining bank accounts of up to 1 million baht. The suspect, 24 year old Supharit, who received a 10-20% commission per scam, totalling over 500 million baht, is also linked to a case where…
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Thailand intensifies crackdown on illegal short selling
The Chairman of the Stock Exchange of Thailand (SET), Pichai Chunhavajira, announced plans to intensify the country’s crackdown on illegal short selling as shares continue to underperform. Currently, the law permits penalisation of only the securities companies that initiate the short-selling order. However, the market authorities are contemplating amending the law to allow the prosecution of both individuals and companies…
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Bangkok hosts Lim Ko Niao spiritual event for devotees
Bangkok’s Po Teck Tung Foundation currently hosts a revered spiritual event, inviting devotees to venerate the goddess Lim Ko Niao from Hat Yai. The event at the foundation’s headquarters in Plabplachai is a collaborative effort with the Samakkhi Mitrapap Foundation (Thung Siang Tung) from Hat Yai. It runs from March 10 to 13 corresponding to the Western calendar. On Sunday,…
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Game over: Thai businessman loses millions to virtual love affair
A Thai businessman lost around 4 million baht to a woman he met through an online game and dated online for more than five years. The victim, 40 year old A, sought help from non-profit organisation Saimai Survive after discovering that the woman he had been dating online for five years cheated him out of around 4 million baht by…
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Thai minister ready to battle over funding for Russian helicopter
Thai Interior Minister, Anutin Charnvirakul, is set to challenge the parliamentary subcommittee’s refusal to approve funding for a new Russian-made helicopter. The helicopter is intended to augment the capabilities of the Department of Disaster Prevention and Mitigation (DDPM), particularly in dealing with the country’s increasing wildfires and haze pollution. The subcommittee, tasked with scrutinising the fiscal budget for 2024, had…
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Thai racing champion faces backlash after gym altercation
A well-known Thai racing driver is currently facing scrutiny after a video surfaced online showing the athlete assaulting a Mahidol University student in a condominium gym. The incident, which occurred on February 27, stemmed from a dispute over the use of gym equipment. The altercation took place in the late afternoon at 5.45pm when Non, a 21 year old student…
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Tesla in Thailand: The future of green mobility and autonomous vehicles
Following its debut in Thailand at the end of 2022, US-based automobile giant Tesla continues to expand its influence in the Thai market and it is also exciting to purchase a new car in Thailand. With a test centre open in Ramkhamhaeng, customers can try driving various Tesla models as they wish, buy Tesla products, and pick up their ordered…
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Thai woman exposes half-naked motorbike rider (video)
A Thai woman shared a video of a half naked motorcycle rider from a ride-hailing application on social media to warn other users. The 20 year old victim shared a video of her ride on Facebook and Instagram. The video showed the indecent motorcycle rider wearing a black jacket without any underwear. The woman stated in the video caption… “Do…
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Bangkok’s Rama followed the deer as far as Paris
Khon Ramayana episode: “Phra Ram Tam Kwang” (Rama Followed the Deer) is one of the Thai performances that the Thai Arts and Culture Group from the Culture, Sports and Tourism Department performed at the activity area on the rooftop of the Galeries Lafayette department store, located in a major shopping area in the middle of Paris. It attracted a lot…
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Bitcoin nears all-time high, marking a 50% rise this year
Bitcoin’s value witnessed a steep rise today, reaching a two-year high of US$64,285, a mere 2% shy of its all-time record of US$68,999.99 set in November 2021. This surge marks a 50% increase in the cryptocurrency’s value since the beginning of this year, with the majority of this growth observed in recent weeks. The rise in Bitcoin’s value corresponds with…
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Chiang Rai hits highest air pollution levels in Thailand
Air pollution has reached critical levels in the northern and northeastern regions of Thailand, with 36 provinces reporting particulate matter (PM2.5) concentrations exceeding the safe standard, according to a recent report from the Air Pollution Control Department (APCD) under the Ministry of Natural Resources and Environment. The province of Chiang Rai recorded the highest levels in the country. Over the…
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Twins wed in Thai ritual to deter misfortune, unite village
A traditional Thai belief led to a unique wedding ceremony in Ayutthaya where seven year old twins were married off in a ritual to ward off bad luck. Yesterday, March 3, the village of Kanon Luang in Bang Pa-In district became the scene of an elaborate wedding, uniting Achiraya Penguin Kongsakul and Asawin Plawan Kongsakul, both seven years old. The…
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LH Bank reveals strategy for mid-sized status by 2030
Land and Houses Bank (LH Bank), the financial subsidiary of property giant Land and Houses Plc (LH), unveils its ambitious plan to become a mid-sized bank by 2030. The bank’s strategy is founded on robust loan growth and an increasing income stream. LH Bank’s five-year business strategy involves a comprehensive restructuring of its loan portfolio, aimed at driving loan expansion…
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Chinese tourist’s beach drive ends in Phuket sand trap (video)
A Chinese national on holiday ignored a warning sign advising against driving on the beach and subsequently ended up getting his car stuck in the sand at Kamala Beach in Phuket province. A local posted a video on his Facebook account, อามิตร อามอ อิสลาม, at about 8am yesterday, March 3, showing a green Jeep partially submerged in the water at…
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BAAC to launch e-commerce platform with Chinese tech firm
The Bank for Agriculture and Agricultural Cooperatives (BAAC) is in discussions with a prominent Chinese technology firm to establish a joint venture. The focus of this venture is to create an e-commerce platform to streamline the sale of agricultural commodities to China, as revealed by Chatchai Sirilai, the bank’s president. In this joint venture, the BAAC will not be considered…
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March stars forecast love and financial boost for Geminis
Astrological forecasts suggest a time of prosperity and positive change for some, particularly in the realms of love and finance. According to the popular Thai astrologer Thosporn, those born under the sign of Gemini are likely to experience a significant upswing in their romantic lives, with a chance to leave behind past challenges and embrace new opportunities. March heralds a…
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Thai gold prices surge, reach new high at 35,750 baht per baht
Gold prices in Thailand saw a continuous surge today, prompting those interested in trading the precious metal to act swiftly. The Gold Traders Association (GTA) reported a significant increase compared to yesterday’s closing rates, with the selling price of gold ornaments per baht weight reaching 35,750 baht today marking a 50 baht increase from the previous day. The domestic market…
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Foreign woman critisised for walking around Phuket in bikini (video)
Facebook page Phuket Hotnews shared a video of a foreign woman walking around Phuket Old Town in a bikini, sparking criticism from Thai netizens. The Facebook page posted a video of the foreign woman in a black bikini last night, March 3. The caption said… “Phuket is super hot! A foreign tourist wore a bikini and walked around Phuket Old…
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