The Asian Institute of Technology (AIT) recently celebrated a groundbreaking development in Thailand’s technological and innovative landscape with the launch of its Science and Technology Park, duly accredited by the Board of Investment (BOI). This initiative earmarked Thailand a key destination for multinational corporations and institutionalized an environment thriving on innovation and pioneering solutions. AIT’s vision is encompassing, centering around promoting international collaboration, facilitating groundbreaking research, nourishing promising startups, and addressing urgent societal issues through the deployment of innovative solutions. This new tech hub provides all-around support for businesses, aiding their journey from incubation through expansion, offering access to Thailand’s Science Park, Intellectual Property licensing support, and fully furnished workspaces. This BOI accredited Park serves as a fertile breeding ground for entrepreneurial endeavours and provides an opportunity for entrepreneurs to tap into a diverse network of over 1,500 English-speaking postgraduate students from around 45 countries. Further to these benefits, investors…
Posts published by “Editorial Team”
A run-of-the-mill day took a shocking turn for a local man, Somboon Onjaeng, who discovered the lifeless body of an unidentified foreigner amidst the quiet, dense forest of Lop Buri province, nestled in the heartland of Thailand. The report, brimming with chilling details, suggests a homicide incident. The police, having rushed to the scene of this gruesome find, believe that the unknown man was murdered and later burned in an attempt to conceal the evidence. Approximately at 10 am, on an unsuspecting morning of September 12th, 55-year-old Somboon, a native to the area, took a ride to his local fishing spot. On his way, he observed an eerie object, which at first glance appeared to be a mannequin, discarded dispassionately. A sense of dread washed over him as he moved closer, and the indignant truth revealed itself – it was a charred, lifeless human male body. The first respondents –…
Rangsiman Rome, the spokesperson for the Move Forward Party, has recently come forward with bold allegations of corruption within the Thai government system. Unpacking a series of malfeasance pointing towards top government officials, he uncovers a disturbing underbelly of deceit and manipulation that he asserts, needs staunch rectification. According to Rome, dubious deals have been cut, compromising the integrity of the administration. Case in point, he shed light on the illicit sale of Thai electricity to an infamous drug lord from Myanmar. His accusations go so far as to suggest the involvement of two former heavy-weight police chiefs, as well as the police aviation unit. Being a passionate advocate for a clean and honest government system, the 31-year-old politician couldn’t help but raise questions regarding the stance Prime Minister Srettha Thavisin would take on this issue. Would he dare initiate legal proceedings against the formidable former Prime Minister Prayut Chan-o-cha?…
A peculiar instance of a mobile phone morphing into an impromptu lifesaving tool surfaced in the Isaan province of Chaiyaphum, Thailand. A young Thai woman was saved from a potentially fatal bullet wound when the bullet, fired by her ex-lover, was intercepted by her cell phone. She sustained a minor injury near her waist but was otherwise unharmed. Ratda, a 24-year-old resident of the province, who’s currently recuperating at Khon Sawan Hospital, narrated her horrifying ordeal to the law enforcement authorities and local media. She was ambushed by her ex-boyfriend, a 29-year-old named Thongbon, on her way back home on her motorcycle. Thongbon fired two shots at Ratda; one missed the intended target, while the other struck her mobile phone first before penetrating her body. Despite the harrowing circumstance, Ratda displayed remarkable bravery. She managed to escape from the scene and rode her motorcycle to a nearby neighborhood, alerting her…
The online marketplace has come under the scrutinizing gaze of The Food and Drug Administration (FDA), revealing three health supplement products attempting to peddle overstated benefits, even after their registrations were terminated. These products, boldly exhibited on online storefronts, dare to make staggering claims; With promises of controlling sugar levels, burning fat, and curbing appetites, these products have allured unsuspecting consumers. In a recently unveiled report, the FDA disclosed its findings on the advertising conduct of health products on digital platforms. Specifically, three products were identified, each daring to make extravagant claims that tread on the edge of credibility. Firstly, Mix Oil Oriji, a signature product under the Veeric brand, carries a food registration number 70-1-27160-5-0205. This product proclaims a myriad of health benefits: From managing sugar and cholesterol levels, combating free radicals, reducing ageing symptoms, nourishing several body parts including your eyes, bones, nails, hair, and even improves neurological…
During the wee hours of Wednesday, in a gripping pursuit on the banks of the Mekong River in Ban Phaeng district, Nakhon Phanom, three drug smugglers abandoned their contraband cargo upon being accosted by staunch army rangers. The scene could have been ripped right from a thriller novel as the imposing expanse of the Mekong River stood as the backdrop to a chill-inducing confrontation. (Courtesy of the 21st Rangers Regiment) What seemed like a regular quiet night along the serenely flowing Mekong River took a high-stepping turn when a cache of over 250,000 methamphetamine pills, meticulously packed in sacks, was hurled aside by three smugglers in a desperate attempt to dodge the army rangers. The unsuspecting location of the life-altering showdown? None other than the tranquil Ban Phaeng district of Nakhon Phanom province. The stage for the ambush was carefully set by the paramilitary rangers along the riverbank in Ban…
It was an ordinary day in 2016, the emblem of OneCoin embellishing the company doors in Sofia, Bulgaria. Little did anyone know, a storm was brewing… (Photo Reference: Ronny Martin Junnilainen via Wikimedia Commons) Fast forward to present day, NEW YORK – A tangled web of deception woven by a proficient charlatan has finally met its undoing. Sebastian Greenwood, once hailed as a promising cryptocurrency trendsetter, faced his reckoning in a US federal court. Arrested under bad light in Thailand in 2018, the counterfeit cryptocurrency advocate was handed a stringent sentence of 20 years for his flagrant crimes of fraud. This theatrical saga involves Greenwood’s notorious role in the OneCoin charade. Being a dual citizen of Sweden and the United Kingdom, he slyly operated this deceitful scheme, hoodwinking over 3.5 million hopeful investors and extorting a whopping USD 4 billion. This entire fiasco was duly noted by the examining prosecutors.…
In the bustling city of Thailand, the Stock Exchange of Thailand (SET) played host to an illustrious meeting of financial giants. On the 8th of September, 2023, key players from Bursa Malaysia, Indonesia Stock Exchange, Philippine Stock Exchange, Singapore Exchange Group, Vietnam Exchange, and SET convened at the 36th ASEAN Exchanges CEOs Meeting. The primary purpose? To establish a robust set of core sustainability metrics that align with globally recognized standards and practices, thus bolstering their competitive edge in the market. The meeting was energized with discussions around various initiatives aimed at advancing ESG (Environmental, Social, and Governance) collaboration within the ASEAN region. The goal was simple, yet ambitious: to leverage the power of their collective resources and insights to boost the standing of ASEAN stock markets and encourage the growth of sustainable investments. ASEAN Exchanges executives acknowledged the synergy that these regional markets share and further recognized the promising…
The bustling Ministry of Labour in Tak mirrors a typical day at work as it becomes a convergence point for Myanmar workers who have successfully secured visas. The workers are required to undergo a hands-on training session, providing essential knowledge about the workforce in Thailand before they can finally get their hands on their much-anticipated work permits. However, an unsettling wave has swept through the Myanmar expatriate community. According to recent local reports, the military government of Myanmar is enforcing a new rule, pressuring these overseas workers to send back a minimum of 25% of their income earned in foreign currency via the country’s banking system. The Irrawaddy, an independent Myanmar news agency, revealed that the remittances from the workers get converted to the local currency, Kyat, albeit at a significantly lower official rate, which deviates by 40% from the commonly used market value. In essence, the institutions affiliated with…
Next week, as the UN General Assembly in New York is abuzz with political conversations, Thailand’s Prime Minister Srettha Thavisin is set to seize a key opportunity. He intends to negotiate with German President Frank-Walter Steinmeier about procuring a German-engineered powerhouse to drive the Chinese-built submarine Thailand is in the process of purchasing. This crucial revelation was shared with the media by Foreign Minister Parnpree Bahiddha-Nukara following a routine cabinet meeting on Wednesday. “Our contact with Germany is well underway, however, we’re still in anticipation of final confirmation,” shared an expectant Mr. Parnpree. It’s a significant negotiation that carries substantial political and national security implications, given the specifics of the Royal Thai Navy’s submarine contract with China. The unique stipulation is that the submarine should come equipped with an engine of German make. However, the situation is not as clear cut as it seems due to Germany’s reticence over selling…