As fears over potential economic downturn loom, along with inflationary pressures and soaring interest rates, investors across the globe are treading cautiously. For many stock market aficionados, it’s commonly agreed that we are nearing the peak of global interest rates, while central banks are keeping a keen eye on inflation trends. In July, the US Federal Reserve took the bold step of lifting the federal funds rate to a steep 5.25-5.50%, the highest it’s been for many a year. Additionally, the European Central Bank jumped the gun with a 0.25% rate hike, and it appears the Bank of Japan might finally loosen its tight grip on cheap money, adopting a more adaptable methodology for yield control on government bonds. From the perspective of Amonthep Chawla, head honcho at CIMB Thai, the consensus among investors is that the Fed will play it safe and avoid any further interest rate hikes attributing…
Posts published by “Editorial Team”
Witnessing an alarming event in the routine morning hour, a school bus ferrying 40 students skidded off track, toppled over and ran headlong into a street light pole in the Kaeng Sanam Nang region of Nakhon Ratchasima. The untoward accident led to injuries of varied degrees for 16 kids aged between 10 and 17. The incident occurred on Niwetrat Road and news of it was conveyed to Police Lieutenant Colonel Paphon Chaisaksri, the investigating supervisor at Kaeng Sanam Nang police station, who was apprised of the situation at approximately 7:30am on that fateful day. Upon their arrival at the location of the accident, the police force, in combination with rescue aid workers, spotted the ill-fated school bus turned upside down in the road’s centre. Emergency medical assistance was sought for the injured children, who were swiftly transferred to a neighbouring hospital for medical care and attention. Fortunately, the general array…
Disturbing ripples of apprehension are being caused by the burgeoning trend of an exotic wellness treatment that involves using Earth’s lowly earthworms in a spa therapy. This therapeutic trend has taken the Thai social space by storm. However, while proponents laud it for potential health advantages such as enhanced relaxation, and improved skin moisture and smoothness, detractors admonish possible hazards of indigenous contamination within the human body. The unorthodox spa treatment of applying earthworms on the skin, has elicited concern from Arnat Tancho, Director of the Natural Farming R&D Centre at Maejo University in Chaing Mai, and a renowned authority on earthworms. He opines that whilst earthworms could conceivably be utilized for health recuperation and repair, cautionary notes must be taken into account by both spa entrepreneurs and their populace of clients. In his discourse with ThaiRath, Arnat elucidated how earthworms could inadvertently become hosts to a myriad species of…
In a turn of events that generated much chatter online, an instance featuring an abandoned pet canine in an unattended vehicle stirred an engaging conversation on social media. The incident drew attention owing to a video clip uploaded by a TikTok influencer, aptly titled @mycatsmycup, which brought to light a lonely dog inhabitating a car stationed outside a well-known shopping complex in the bustling city of Bangkok. What was unusual was that a textual message flashed across the car’s digital screen meant to assuage the worries of bystanders – notifying that the automotive’s AC was in full operation, with the owner due back soon. A hot topic was the ethics of pet ownership that the whole scenario raised. Per the video, the car owner, who remained unknown at the start, had coolly set the vehicle’s indoor temperature to a pleasant 23 degrees Celsius. It was also noticed that a digital…
In an unfortunate turn of events, a woman’s seemingly innocent devotion to her automobile spiraled into an inferno. Conducting a candle and incense ritual to honor her vehicle on the occasion of Chinese Sart Day, her good intentions turned calamitous as her car, situated in a private parking bay in Samut Songkhram, got swallowed up in a fearsome blaze. This alarming spectacle also put over 20 neighboring vehicles at risk of a similar fate. Galvanized by the developing crisis, firefighters wasted no time in racing to the scene to tame the voracious flames. The car at the eye of the storm was a Honda Civic Sedan, bearing the registration number 5กช6480, and belonged to 36-year-old Alisa. Parked securely within the confines of a private lot, the fiery disaster engulfed her automobile rather swiftly. The setting of the blaze proved particularly treacherous given its proximity to a fleet of over 20…
In a surprising trend that’s catching global attention, big oil corporations have started to harness the power of social media influencers to market their products. A decision that has faced backlash from followers mindful of the environment. Social media personalities, typically associated with lifestyle-related content, are seen to be endorsing petrol stations, fuel benefits, and club cards. This trend has been recognized in countries such as India, Mexico, the United States, and South Africa on various platforms, including Instagram, Twitch, and TikTok. The corporations under the spotlight include oil industry giants such as BP, Chevron, Shell, ExxonMobil, and TotalEnergies. A TikTok personality known as The Petrol Princess, boasts 2.7 million followers and is forecasting her affiliation with Shell, inviting her fan base to join her at a Shell petrol station. All collaborations are duly tagged as ‘paid partnership’ as per the guidelines of the platforms. DeSmog, a website that uncovers…
The Poh Teck Tung Foundation is forging a path toward creating lasting and sustainable livelihoods in Udon Thani province, located in northeastern Thailand. The organization has committed to arming poverty-stricken households with job-related tools, launching this as part of an all-encompassing poverty reduction collaborative initiative, designed in partnership with the Community Development Department. A mobile medical unit was also dispatched in the area, offering its services to the public free of charge. The board member and deputy secretary of the Poh Teck Tung Foundation, Surapong Tetraruvichit, presided over a ceremony where they donated substantial, job-related equipment to 27 struggling households in Udon Thani province. This province is the sixth one in the northeastern region to receive such support. These donations, reaching a total value of 672,755 baht, aim to bolster and support the livelihoods of the impoverished families, providing them with the means to sustain themselves and live by the…
The present atmospheric conditions hitting North, Central, and Northeast regions are a result of the potent monsoon trough, complemented by a forceful Southwest monsoon over the Andaman Sea, the Gulf, and across Thailand. The authorities have warned that these harsh weather patterns can result in sudden flash floods and overflows, especially in areas near water bodies and lowlands, thus urging citizens to exercise caution. In the upper regions of the Andaman Sea and the Gulf, the wave height may swell up to 2-3 meters and could exceed 3 meters during thunderstorms. Small boats operating in these regions are advised to remain docked until Sunday and follow the weather updates regularly. Regions listed below are to be affected by heavy to extremely heavy showers in the next few days: Tuesday North: Lush landscapes of Chiang Rai, Lampang, Phayao, and the historical sites in Nan, Phrae, Uttaradit, Phitsanulok, and Phetchabun. East: Regions…
The rumor mill is awhirl as it appears Pheu Thai Party, one of Thailand’s prominent political factions led by Mr. Srettha, plans on putting forward one of its top-ranking members for an influential Defence Minister role. The long-standing party intends to nominate Sutin Klungsang, who holds significant clout as both a party-list MP and chief whip, for the key defence portfolio, according to early insider reports. However, perceived opposition from the military could compel Pheu Thai to revise their strategy. The party might need to look for a wholly new candidate, potentially an outsider, to compete for the Defence Minister’s position. This maneuver would require the careful calibration of the party’s nominated members to governmental posts, considering the preset quota for such nominations. In this case, it may mean that a currently designated minister or deputy minister position within the party might be on the chopping block. Speculation is rife…
An unforeseen and unnerving incident unfolded in the vicinity of Yarang Municipality Office at around 10:50 p.m. This heart-rending episode took place during the course of a security patrolling mission carried out by a handful of police officers, cruising in an official car, complemented by two intrepid volunteers bracing the night on their motorcycle. The tranquility of that night was abruptly shattered by the nefarious insurgents’ targeted and coordinated assault. As the unsuspecting team of law enforcement officers and volunteers made their way to the scene, the insurgents perpetrated a malicious act of terror. They detonated a potent explosive, wreaking havoc and causing substantial damage to the vehicles of these brave protectors of peace. But the malevolent insurgents, their hearts devoid of any respect for the sanctity of human life, were not finished. Tightly gripping their lethal military-grade weapons, they unleashed a brutal onslaught of gunfire. Tragically, one of the…