In the vibrant land of Thailand, a new protagonist is stepping onto the center stage of the nation’s economic theater. Vitai Ratanakorn is set to assume the helm of the Bank of Thailand this October. With his incoming role, he’s been handed a cornucopia of demands, notably from business magnates who are less polite suggestion and more urgent plea – lower those interest rates, ease up the borrowing regulations, and ensure the baht doesn’t turn into the Hulk of currencies. Ratanakorn, currently the head honcho at the Government Savings Bank, isn’t shying away from the challenge. Speaking to reporters on July 19 at the Economic Reporters Association, he acknowledged the rocky path ahead, optimistically opining, “Tackling these problems requires joint effort.” Easier said than done, right? At the top of the to-do list is making loans more accessible, particularly to the small and medium-sized enterprises (SMEs) that form the backbone…
Posts published by “Editorial Team”
In a bold strike against the underworld of illegal trade, Thai customs officials have executed a formidable operation at one of the nation’s key ports, turning the tables on black market profiteers. A staggering trove of illicit goods, valued at over 88 million baht (approximately US$2.4 million), was seized in an audacious endeavor orchestrated at Laem Chabang Port, located in the bustling province of Chon Buri. Among the vast array of confiscated contraband were e-cigarettes, counterfeit luxury bags, unlicensed beauty products, and even unlawful hazardous waste—an assortment of shady goods seemingly straight out of a Hollywood script! During a press conference held on July 22nd, with goods spread out in an impressive display, Assistant Finance Minister Surachai Thienthong made a robust declaration: “This crackdown supports our mission to protect public health, national safety, and the economy.” His conviction echoed through the chamber, reinforcing the nationwide crackdown led by Finance Minister…
In the quiet, early hours of July 22, the picturesque district of Pluak Daeng in Rayong became the unlikely stage for a dramatic, albeit comical, chase that could have been plucked straight from a slapstick movie. As dawn painted the sky with the first strokes of light, an aspiring bike thief unwittingly set the scene for an unforgettable morning that locals would soon recount with both disbelief and amusement. It all began when CCTV cameras captured the antics of a would-be thief loitering around a grocery store near the iconic Khao Noi Intersection. This man, identified later as 38-year-old Kritsana, appeared to be killing time, presumably weighing his options, when the opportunity he had been waiting for arrived—a white motorbike parked conveniently close, beckoning him for a not-so-quick getaway. Assuming the role of a nonchalant shopper, Kritsana’s charade lasted just long enough for him to make his bold move. In…
In a tale of unexpected heroes and canine courage, two severely injured dogs, left to suffer in Lampang, have found salvation thanks to a compassionate monk from Chiang Mai. Dubbed Loma and Kaew, these two native Thai dogs captured the hearts of netizens when distressing images of their gruesome wounds went viral. Enter the Ark Foundation, a dedicated animal welfare group headquartered in Chiang Mai, who teamed up with an impassioned crew of volunteers led by the empathetic Phra Khru Aod from Wat Chedi Luang, alongside Lampang’s diligent animal rescue services, to form a rescue squad destined to change these pups’ fates. Their heartrending ordeal surfaced on July 21, a day etched in the minds of animal lovers across Thailand, when local residents shared shocking photos of the pair battling neck lacerations and tick infestations. The Ark Foundation’s Chairperson, Bandit Muen Ruea Kham, explained, “The situation was dire, and we…
Imagine waking up in the serene paradise of northern Phuket, only to find yourself caught in the throes of a tropical tempest. That’s precisely what happened in Thalang district, which was transformed into a veritable storm zone overnight. The fierce winds and relentless rain left a trail of havoc, tearing through homes, toppling power poles, and bringing down trees like Mother Nature was conducting her own reckless orchestra. Pa Khlok, typically a quiet subdistrict, bore the brunt of the fury. Nine houses near Soi Na Yao in Village 8 found themselves unwilling participants in this meteorological drama. With electricity poles near the entrance to Pa Khlok Kindergarten bowing to the storm’s might, it seemed even the infrastructure was vying for an exit. If you thought that was the end of it, you’d be mistaken. Village 6, nestled close to the popular tourist launch point, Ao Po Pier, also felt the…
In what appears straight out of a mystery novel, evidence has surfaced suggesting a labyrinthine twist involving the abbot of Muang Temple, nestled in Bangkok’s bustling Bang Khae district. The storyline revolves around an alleged heist that reads like folklore gone awry—the unexpected disappearance of a whopping 10 million baht in cash and almost 13 million baht in gleaming gold. With stakes high, mysteries deepen as the tale of the missing millions unfolds, drawing in everyone from devout followers to flabbergasted officials. Enter Phra Ratchawatchara Phattanatorn, renowned as Chao Khun Narong, our protagonist embedded in this riveting drama. On a rather unassuming day, July 1st, he dashed off to Phetchakasem Police Station with a tale of woe, claiming that his prized possessions, including glittering gold bars and stacks of cash amounting to approximately 23 million baht, had vanished like smoke in the wind from his temple office. The backstory was…
In the ever-evolving global culinary landscape, where flavors tell stories and ingredients dance harmoniously, two Thai sausages have proudly carved their space on the epicurean stage. According to TasteAtlas, a global authority dedicated to the exploration of local cuisines, Sai Krok Isan and Sai Ua have been celebrated among the 50 most delicious sausages worldwide. These traditional Thai delicacies not only tickle the taste buds but also paint a vibrant picture of Thailand’s rich culinary diversity. Leading the pack of sensational sausages is Italy’s own Salsiccia, capturing the world’s palate with its succulent composition. This Italian delight combines minced pork, tender pork fat, and a symphony of spices including fennel seeds, cumin, garlic, and a fiery touch of chili. Each region in Italy adds its unique twist, showcasing a mosaic of flavors that highlight the country’s rich culinary heritage. Following closely is Spain’s vibrant Chistorra. This spirited sausage, crafted primarily…
In every corner of Khlong Takian village lies a deep, pervasive sorrow clinging to the homes and hearts of a family in Chachoengsao. For 31-year-old Supattra and her husband, 33-year-old Somkiat, the whirlwind of grief over their daughter Nalin’s tragic passing has left unanswered questions and a call for justice. This close-knit family mourns, not only the loss of their six-year-old daughter but the lack of clarity they received from healthcare officials, which they believe contributed to her untimely demise. It began like any other day on June 25 when young Nalin awoke with a high fever. Worried, her parents whisked her away to the local hospital, hopeful for answers. Yet, they were reassured it was “just a common fever” and given medications to tide them over. Little did they know this would mark the start of a harrowing journey filled with heartache and frustration. Nalin’s condition did not improve,…
In a whirlwind of discussions and negotiations, Thailand’s Deputy Prime Minister and Finance Minister, Pichai Chunhavajira, has made it crystal clear—Thailand will not entertain a 0% tax policy with the US under any circumstances. The stakes are high, with potential widespread ramifications hanging in the balance, which Chunhavajira astutely observed. Therefore, steadfast in their approach, the government has set the stage for a considerable support initiative—a 200 billion baht soft loan scheme aimed at providing much-needed relief to the private sector and farmers. Furthermore, Deputy Finance Minister Julaphan Amornwiwat reinforced this stance during a recent briefing on July 21. Maintaining the tax rate is not merely a decision born out of prudence; it is about adhering to international commitments while shielding key domestic sectors from potential harm—agriculture being chief among them. A 0% tax agreement might appear tempting, but the reality is much more complex, with a ripple effect that…
In the lush forests of Phuket, where emerald trees stretch towards azure skies, the long-standing battle over land between the villagers and the Royal Thai Navy (RTN) has taken an unexpected turn towards resolution. After years of bitter disputes, a groundbreaking meeting at the Phuket Provincial Hall, expertly led by Vice Governor Adul Chuthong, has set the stage for peace in the 5,000-rai Bang Khanun national forest reserve in Thalang. The RTN’s formidable claim of 3,763 rai for new military facilities has been dramatically reduced to a manageable 1,800 rai. This decision marks not just a change of heart, but a bold step towards a harmonious future. The breeze of hope now whispers through the trees, as this compromise promises a fair and sustainable distribution of land, particularly for the long-term residents who have called this forest home for generations. Vice Governor Adul expressed that, “The Third Area Command only…