Chaumet, the illustrious French jewellery maison with a rich heritage stretching across more than two centuries, has debuted its very first boutique in Thailand at ICONSIAM. Nestled along the scenic Chao Phraya River, ICONSIAM stands as a world-class destination for luxury and culture. This momentous opening signifies another step in Chaumet’s ongoing expansion throughout the Asia-Pacific region. Following successful launches in Kuala Lumpur and Hanoi in 2023, Bangkok now takes the spotlight, welcoming its own Chaumet boutique within the opulent confines of ICONSIAM, one of the city’s most esteemed shopping locales. The boutique showcases a meticulously curated selection of Chaumet’s luxurious jewellery, embodying the maison’s renowned elegance and sophistication. From captivating High Jewellery to iconic pieces from the Joséphine, Bee My Love, and Liens collections, the boutique underscores Chaumet’s burgeoning influence in the region. “This opening highlights our ambition to further expand in Southeast Asia, where the market for fine…
Posts published in “Thailand”
Thaicom Public Company Limited, a renowned leader in satellite and space technology across Asia, has made a significant announcement today. Its subsidiary, IPSTAR (India) Private Limited (IPSTAR), has forged a strategic agreement with Hughes Communications India Private Limited (HCI), a top-tier provider of broadband satellite and managed network services. This collaboration focuses on bolstering satellite capacity over India via Thaicom’s advanced satellite fleet. Through this agreement, IPSTAR India will supply satellite capacity services to Hughes in India, leveraging Thaicom’s robust satellite network. This enhancement will allow HCI to significantly upgrade its satellite broadband, mobile backhaul, maritime, and satellite IoT services, catering to the escalating and diverse demands for satellite services across India. This landmark partnership marks a pivotal step in the evolution of satellite communications, amplifying the capacity dedicated to India for satellite broadband and associated services. Thaicom is steadfast in its commitment to addressing India’s surging need for satellite…
With the highly anticipated U.S. election rapidly approaching on November 5th, investors are glued to the markets, pondering the best strategy for their portfolios. Elections often stir substantial market activity, even when the end results don’t leave a lasting impression. Should you jump into trading before the election, or is patience your best friend here? This article’s mission is to enlighten you on these spicy decisions. Why Does the Election Affect the Market? Political events, especially grand spectacles like elections, can sway market behavior due to the uncertainty and potential shake-ups in economic policies they bring. While market prices mainly obey the laws of supply and demand, political twists and turns inject their own flavor, especially when hinting at major economic shifts. Here are three elements particularly relevant to the U.S. market: Tax Policies: Changes in taxes proposed by the winning party can dangle a carrot or wield a stick…
The Sustainability Expo (SX) 2024 makes a triumphant return to Thailand, marking its fifth year as ASEAN’s largest platform for sustainability, innovation, and collaboration. Running from September 27 to October 6 at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, this year’s event promises to be grander and more engaging than ever. Anchored by the theme ‘Sufficiency for Sustainability,’ SX 2024 draws inspiration from King Rama IX’s Sufficiency Economy Philosophy (SEP) and King Rama X’s determination to uphold his father’s sustainable legacy. Supported by a coalition of five leading corporations—Frasers Property (Thailand) Public Co., Ltd., PTT Public Co., Ltd., SCG, ThaiBev, and Thai Union Group Public Co., Ltd.—the event is poised to galvanize businesses, governments, and individuals to forge a greener future together. This year, the Expo aims to merge tradition with modernity, bridling the SEP and harnessing contemporary innovations for sustainable development under the overarching theme, ‘Good Balance,…
Labour Minister Phiphat Ratchakitprakarn recently issued an earnest apology to all minimum wage earners who were eagerly waiting for the long-anticipated increase to a 400-baht daily rate. The three-partite wage committee meeting, initially set to discuss this crucial issue, was adjourned yet again due to an unfortunate lack of quorum. Despite the setback, there’s a glimmer of hope. Phiphat confidently suggests that the meeting could be rescheduled as early as later this week—provided the Bank of Thailand (BoT) responds promptly. The promptness entails sending a new representative to replace a retired member, a seat that has been vacant for a year. To break it down, the committee comprises 15 diligent members: five representing the government, inclusive of the BoT, another five speaking for employees, and the remaining five embodying the interests of employers. Any new decisions mandate a two-thirds majority vote, rendering it imperative for all committee members to attend…
In a dramatic turn of political and judicial events yesterday, Justice Minister Tawee Sodsong emphatically denied having seen an arrest warrant for Gen Pisal Wattanawongkiri, a notable Pheu Thai MP. The lawmaker is at the center of a whirlwind of controversy for his implicated role in the infamous 2004 Tak Bai massacre. According to Pol Col Tawee, he was informed by House Speaker Wan Muhamad Noor Matha that the speaker had indeed received correspondence from the Narathiwat court. The letter clarified that, under Section 125 of the constitution, MPs enjoy parliamentary immunity while engaging in legislative duties. However, this immunity can be overridden by court order if deemed necessary. “If the Narathiwat Court has indeed issued the arrest warrant, it is incumbent upon the police to track down and apprehend the suspect,” Mr. Tawee asserted. “The police should elucidate this matter,” Mr. Tawee continued, emphasizing the roles of Pol Gen…
The financial landscape of Thailand is set for a high-stakes summit next week as the Finance Ministry and the Bank of Thailand (BoT) converge to discuss the robust baht and recalibrate the national inflation target. The government, led by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, is making a concerted push towards interest rate cuts. Minister Chunhavajira has announced an upcoming meeting with BoT Governor Sethaput Suthiwartnarueput to tackle the thorny issues of the baht’s appreciation, inflation targets, and other critical financial matters. According to informed observers, a potential interest rate cut is likely to dominate the discussions between the minister and the BoT governor. The government is keen to reevaluate the current 1-3% inflation target range that has been unchanged since 2020. This urgency arises from a persistent call for the central bank to mitigate the economic challenges by revising its interest rate strategy and potentially lowering the…
In a recent assessment, the government has pegged the total damage from the Northern floods at a substantial 3 billion baht. Deputy Finance Minister Julapun Amornvivat shed light on the situation yesterday, emphasizing the notable impact of the flash floods in the North. “But luckily, it didn’t last long,” Mr. Julapun remarked optimistically. The Office of the National Economic and Social Development Council provided an initial estimate of the flood damage, confirming the 3 billion baht figure. Mr. Julapun reassured that the devastation hadn’t spread out enough to cause a significant dent in this year’s economic growth. Efforts to aid and compensate the flood victims in both the Northern and Northeastern regions are in full swing, with various agencies putting in sustained efforts. Apisak Sawatdirak, manager of the Mae Sai Office of the Provincial Waterworks Authority (PWA), shared encouraging news yesterday – around 80% of the water supply had been…
Get ready to experience a leap in emergency preparedness! The long-awaited Cell Broadcast Service (CBS) system, aimed at delivering live weather warnings to all mobile devices in a designated area, is set to roll out by the second quarter of next year, as confirmed by the Digital Economy and Society (DES) Ministry yesterday. Digital Economy Minister Prasert Jantararuangtong provided some exciting insights, revealing that this comprehensive alert system will undergo rigorous testing in the first quarter. With this early testing phase, the CBS will compile and analyze data meticulously before dispatching any warnings, ensuring reliability and accuracy. So, how does this tech marvel work? Essentially, cell broadcast technology allows emergency alerts to be sent to all devices linked to mobile networks within a specified region. Unlike traditional SMS, which requires phone numbers, this innovative system leverages broadcast signals that blanket the entire area, enabling swift and efficient dissemination of critical…
The English Premier League (EPL) has rolled out an anti-piracy campaign in Thailand as the new football season takes off with the kick of a ball! For the second year in a row, the EPL, in collaboration with the British Embassy in Thailand, is driving the Boot Out Piracy campaign, aiming to safeguard intellectual property and encourage legal viewing of Premier League games. This initiative stretches its arms over Thailand and Indonesia, two hotspots in Southeast Asia. Its primary focus? To protect the exclusivity of Premier League live broadcasts and boost the preference for legal channels among fans. A recent gathering in Bangkok brought together key stakeholders, including law enforcement and authorities, to discuss the ongoing piracy issue. The reception was a charged event aimed at raising awareness about the detrimental impact of piracy on the sports industry. The message was clear: let’s protect the exclusive broadcasting rights held by…