In the enchanting world of finance, a knight in shining armor has emerged from the realms of the Bank of Thailand (BOT). This chivalrous figure, known as Ronnadol Numnonda, the BOT assistant governor of stability in the financial institutions, made a groundbreaking announcement that bespoke of courage and foresight in the face of economic turmoil. Amidst a backdrop where the specter of non-performing loans (NPLs) loomed large, threatening to engulf the land in economic despair, the BOT devised a masterstroke aimed at turning the tide against these menacing financial doldrums. The strategy? A noble endeavor to establish a joint venture Asset Management Company (JV AMC), a beacon of hope designed to mitigate the seismic impacts wrought by the NPLs. These troubled loans were the offspring of well-intentioned lending programs birthed during the onslaught of a global crisis, programs that sought to provide a lifeline to customers battling for financial survival.…
Posts published in “Thailand”
Imagine the bustling streets of Thailand, alive with the vibrant colors of its markets, the tantalizing aromas wafting from street food stalls, and the serene beauty of its temples and beaches. Now, picture this enchanting destination becoming even more accessible to globe-trotters from Kazakhstan, thanks to a game-changing move by the Thai government. Ladies and gentlemen, welcome to a vivid tale of visionary policies, soaring tourist numbers, and the magic of Thailand’s allure. Once upon a recent time, in the heart of Almaty, Kazakhstan, a special announcement echoed through the hallways of diplomacy and tourism. The charismatic Tourism and Sports Minister of Thailand, Sudawan Wangsuphakijkosol, shared a dazzling beacon of news that lit up the faces of eager travelers and wanderlust-filled souls. On a fine day, while attending the Friends of Thailand Networking Day event, a collaboration of the Tourism Authority of Thailand (TAT) with the Ministry of Foreign Affairs…
In the labyrinthine streets of Bangkok’s Bang Sue district, amidst the hustle and bustle that characterizes the vibrant city, a tale unfolded that seemed straight from a crime thriller novel. On an unassuming Wednesday, the corridors of a condominium in the Tao Poom area witnessed a scene that would mark the end of a harrowing saga. The central character: an alleged serial rapist known by the chilling moniker “Toey Bang Pho”. His catch: unsuspecting schoolgirls. The climax: a dramatic arrest in an elevator, courtesy of the sharp minds and swift action of the Metropolitan Police Bureau (MPB). At the heart of this operation was a 40-year-old man, introduced to the world only as Wissanu, though infamously regarded by his alias. His apprehension was not a matter of chance but the result of meticulous strategizing, led by Pol Maj Gen Theeradet Thumsuthee, the MPB’s chief investigator, and a testament to the…
Imagine, if you will, an undiscovered gem nestled deep in the verdant lands of Thailand’s southern frontier. This is Yala, a province that whispers tales of adventure and promises glimpses of unparalleled natural beauty. While it might seem like a well-kept secret, the word is out, and Yala is poised to become the next big thing in tourism. But let’s start at the beginning, shall we? The nearest gateway to this paradise is not within its bounds but in the neighboring Narathiwat, a short journey that adds to the allure of Yala’s untouched charm. Enter Srettha, a man of vision and action, wearing two crucial hats – as both the finance minister and a passionate promoter of Thailand’s southernmost provinces. His recent three-day odyssey to Pattani, Yala, and Narathiwat wasn’t just a leisurely visit; it was a mission to ignite the spark of tourism and its sister industries in these…
In a thrilling convergence of patriotism and passion, a determined collective known as the People’s Network for Thailand Reform alongside the steadfast adherents of the People’s Centre to Protect the Monarchy took a bold stand. Their quest? To craft a meticulously worded petition, a literary beacon if you will, bound for the influential desk of Navy commander-in-chief, the venerable Admiral Adung Phan-iam. Amidst the lush scenery of Thailand, where the Gulf’s waters brush against golden sands, a tempest brews. At the heart of this storm, concerns whirl about possible dalliances between national interests and the influential Shinawatra family, notably under the stewardship of the Pheu Thai-led government. The specter of geopolitical chess games over the overlapping claims area (OCA) in the Gulf of Thailand looms large, teetering on the brink of controversy. Our intrepid protesters, armed with nothing but their convictions, leveled a bold accusation. They claim, with the weight…
Welcome to a picturesque transformation where nature’s beauty prevails along the bustling roads of academia. Imagine a place where the lines between nature and technological advancements blur—a place where the famous row of trees now stands unobscured, their glory no longer hidden behind the man-made web of power cables. Yes, we’re talking about a heartwarming environmental upgrade initiated by the university on its main thoroughfare, stretching from the Chonlaprathan gate to the Thang Soong intersection. The once visible power cables that seemed to compete with the natural splendor of the Rosy Trumpet trees have now been tactfully buried underground. This careful intervention has fully unveiled the enchanting sight of these trees lining the roadside, much to the delight of visitors and nature enthusiasts alike. When the Rosy Trumpet trees adorn their best attire, the spectacle is mesmerizing. The road transforms into a painter’s canvas, splashed generously with shades of pink.…
Imagine the vibrant streets of Southeast Asia, where the air is thick with the scent of spices and the hustle of trade fills the air. Nestled within this bustling tableau is the intricate dance of exchange between two neighboring countries: Cambodia and Thailand. The latest figures paint a fascinating picture – Thailand’s imports from the land of Angkor were valued at a robust US$236.93 million, marking a 1.5% uptick. Meanwhile, Cambodia’s treasures flowed the other way to the tune of US$104.87 million, despite a slight stumble of 2.7%. The tale of Cambodia’s commerce in January reveals a trade deficit haunting its ledger, looming at about US$132.06 million, a nudge from the previous year’s US$125.58 million. Yet, amidst the world’s economic theatre, Thailand shines as the fourth beacon of Cambodia’s international trade relations, trailing behind the colossal players – China, Vietnam, and the United States. Speaking to The Post with the…
In the hushed hours of the night, when most were lost in the embrace of sleep, the earth beneath Tambon Mae Na Terng whispered of ancient tales and secrets long buried. At precisely 1:28 am, as if called upon by an unseen force, the ground trembled, awakening the land with a gentle rumble. The Department’s earthquake monitoring centre, famously known as the DMR-Alert, was quick to capture this terrestrial sigh, pinpointing its origins with laser-like precision. The epicentre, nestled coyly at the coordinates of Latitude 19.505 degrees North and Longitude 98.443 degrees East, resided in the heart of Tambon Mae Na Terng. Here, beneath quaint homes and verdant foliage, the earth decided to stretch at a modest depth of 3 kilometres. Despite the late hour, the department reassured that the cloak of night had muffled any potential cries of distress; the initial reports were clear – no damages had been…
Imagine a bustling scene at Bangkok’s Mo Chit 2 bus terminal. Throngs of passengers, laden with bags and excitement, are making their way to their buses, preparing to embark on journeys across provinces. It’s a familiar sight, one that encapsulates the spirit of travel and adventure. But big changes are afoot for this iconic terminal as well as the Eastern Bus Terminal, famously known as Ekkamai. The winds of change are blowing towards a more unified and streamlined travel experience under the guidance of the Transport Ministry. The man steering the ship, Transport Minister Suriya Jungrungreangkit, revealed plans that are bound to excite the wanderlust in us all. The proposal to relocate these bustling hubs to the Krung Thep Abhiwat Central Terminal is not just a move; it’s a leap towards modernizing travel in the heart of Thailand. This grand vision aims to bring convenience to the forefront of travel.…
In a tale that reads more like a blockbuster drama than the usual dry legal news, the Office of the Attorney-General (OAG) finds itself embroiled in a high-stakes narrative that has captured the public’s imagination. The catalyst for this unfolding saga? A scandalous media report detailing allegations of sexual molestation involving two of its own – a high-flying female prosecutor and her senior counterpart. With the stakes higher than a Bangkok skyscraper, the OAG has announced it’s launching a fact-finding mission to uncover the truth behind these accusations—drama, intrigue, and all. The tale took a twist when Watcharin Phanurat, a spokesperson for the OAG, revealed at a press conference that the wheels of justice started turning not because of an internal complaint, but because of the vigilant eyes of the media. The spotlight of scrutiny illuminated a deputy attorney-general, turning him from a backstage player to the lead role in…