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Posts published in “Thailand”

Thaioil Triumphs: Sustainability Excellence Award Winner at SET Awards 2024

In a dazzling showcase of sustainability and corporate excellence, Thai Oil Public Company Limited, more affectionately known as Thaioil, has added another feather to its cap. Represented by the ever-dedicated Miss Korapat Limpaphayom, Vice President – Group Company Secretary and Sustainability, Thaioil recently bagged the prestigious Sustainability Excellence Award. The accolade, in the Commended Sustainability subcategory, comes hot off the press from the SET Awards 2024—a coveted event in the business calendar. The grand ceremony was hosted at the illustrious Professor Sangvien Indaravijaya Auditorium, perched on the seventh floor of the Stock Exchange of Thailand (SET) building. The awards night was a harmonious collaboration between the Stock Exchange of Thailand and Money & Banking Magazine, adding a touch of glitz and glamour to the financial heart of Bangkok. On this momentous occasion, the award was graciously handed over by none other than Professor Emeritus Kittipong Urapipatanapong, the Chairman of the…

Phrae Bus Accident 2024: Highway 103 Collision Leaves 45 Injured

In the early dawn of Tuesday morning, a typically serene journey turned unexpectedly tumultuous when a bus traveling from the bustling streets of Bangkok to the tranquil landscapes of Chiang Saen district in Chiang Rai province met with a jarring mishap. Picture this: a bus packed with wanderers and dreamers making their overnight journey, suddenly lying on its side in the picturesque yet unsuspecting province of Phrae, a silent testament to the early morning calamity they encountered. The collision occurred at around 6:15am along the often-bustling highway 103 in Song district, where the unpredictable intertwining of fate and timing unfolded. The highway usually witnesses the rhythmic dance of vehicles, but on this particular morning, it was the stage for a dramatic encounter between a massive interprovincial bus and a trailer truck. This unexpected rendezvous resulted in the bus reclining on its side, as if taking an unwelcome rest from its…

How US Election 2024’s Outcome Impacts Thailand’s Economic Future

The world watched with bated breath as United States Vice President Kamala Harris and former President Donald Trump geared up for another showdown, this time not just for the Presidential office, but with global economic implications echoing far beyond the American shores. Among the many countries poised to feel the reverberations of the U.S. presidential election is the Kingdom of Thailand—a nation observing these political titans with keen interest. As the Chairman of the Thai Chamber of Commerce, Sanan Angubolkul shared insight on the anticipation surrounding this major political event. He believes the electoral outcome holds significant stakes for Thailand’s economic trajectory, with changes in U.S. trade policies, investment flows, and environmental stances potentially bringing both peril and promise to the Southeast Asian nation. Thailand’s economy, woven intricately into global markets, often sees fluctuations in its currency and stock market around U.S. election times. Investors here, as elsewhere, brace for…

Ericsson Thailand: Leading 5G Revolution for a Thriving Digital Economy

As Thailand stands on the brink of an exhilarating digital transformation, the advent of 5G technology promises to be nothing short of revolutionary. With a history spanning a remarkable 118 years in the country, Ericsson Thailand is at the forefront, leading this wave of change as it reshapes industries, revitalizes the economy, and elevates societal standards. Through its exceptional expertise in 5G, Ericsson is instrumental in bolstering Thailand’s digital ambitions, working diligently to transform it into a premier digital hub in Southeast Asia. Today, 5G technology isn’t just a mere upgrade from its predecessors; it’s the cornerstone for tomorrow’s innovations. Offering astonishing speed, ultra-low latency, and unmatched reliability, 5G is set to redefine industries, transform business models, and enhance the daily lives of millions. The solutions designed by Ericsson are renowned for their programmability, security, efficiency, and sustainability, making the company a trusted partner for mobile operators and enterprises worldwide.…

Paetongtarn Shinawatra Spearheads Rapid Economic Growth with 2025 Investment Budget in Thailand

Amid the bustling streets of Bangkok, Prime Minister Paetongtarn Shinawatra recently called upon her team of government officials to put their thinking caps on and facilitate an accelerated rollout of the 2025 fiscal investment budget. The vibrant atmosphere of the Finance Ministry’s meeting room was almost palpable as Ms. Paetongtarn passionately addressed senior officials. Her mission was clear: to ignite Thailand’s economic engines and confront a plethora of issues that have been simmering over the years alongside new dynamics threatening to upend the status quo. In a nation where innovation and tradition often dance a delicate tango, Ms. Paetongtarn emphasized the importance of resolving deeply embedded structural conundrums. Equally paramount, she argued, was building resilience and advocating for growth. With the poise of a seasoned strategist, she noted how public spending could be the secret sauce necessary for boosting private consumption and spending. The government’s financial maestro, Finance Permanent Secretary…

Trang Airport New Terminal Construction Resumes: Enhancing Travel and Tourism by 2025

After a dramatic pause that felt like a cliffhanger in a soap opera, the construction of a new passenger terminal at Trang Airport is finally resuming. Imagine contractors dropping their tools and walking away from a project when it was tantalizingly close to completion! Well, that’s precisely what happened about six months ago, leaving the would-be travelers of Trang in suspense. But now, under new directives and a fresh wave of enthusiasm, operations are set to get back on track, aiming for the terminal to open its doors by the end of next year. Back to action in the dusty construction landscape, Deputy Transport Minister Manaporn Charoensri has taken a firm stand. Like a general sending troops back to the front, she ordered the Department of Airports to expedite the recovery and completion of the task. This decisive move came after a civic group from the southern province, with the…

Kittiratt Na-Ranong: The Unfolding Drama of Bank of Thailand’s Next Chairman

In the often tangled web of governmental appointments and political affiliations, the latest buzz is all about Kittiratt Na-Ranong, former finance minister, and his potential crowning as the chairman of the Bank of Thailand (BoT). Word on the street—and quite officially from Phumtham Wechayachai, the Deputy Prime Minister—is that Kittiratt is the guy for the job, with a finance brain that’s second to none and a treasury knowledge that could run circles around Scrooge McDuck. Whether he dons the chairman’s hat, however, is up to the selection committee—a group that’s proving to be about as decisive as a sloth in a game of dodgeball. This committee, tasked with the oh-so-daunting choice, seems to find rescheduling their meetings a tad more exciting than actually making a decision. After bumping the meeting from the original date of October 8, they hit the snooze button again, pushing it to next Monday. All eyes…

Parit Wacharasindhu: The People’s Party’s Strategic Maneuvers in Thai Politics

In a spicy turn of events, the People’s Party (PP), known for its fiery debates and strategic moves, is dancing around recent criticisms like a seasoned tango dancer. These critiques, suggesting the PP has dropped the ball as the opposition, were shuffled aside at a recent press soiree. The voice of the event, Parit Wacharasindhu, PP’s articulate spokesperson and list MP, regaled the audience with tales of the party’s relentless quest to keep the ruling government on its toes. Parit, ever the maestro of legislative maneuvers, unfolded a tapestry of parliamentary tools wielded by the PP. From general debates without a vote to meticulously timed interpellations, and from impassioned discussions during legislative processes to incisive House committee investigations—they’ve left no stone unturned. The camera of scrutiny has zoomed in on the Pheu Thai-led government, with the PP ambitiously drafting bills that echo the promises shouted from the rooftops during their…

Koh Kut Sovereignty Debate: Prime Minister Paetongtarn Shinawatra Faces Geopolitical Challenge

In the midst of a bustling week at Government House, Prime Minister Paetongtarn Shinawatra stood confidently among a sea of coalition leaders, ready to tackle the tempestuous waves stirred by the Koh Kut border issue. As the nation’s heartbeat pounded with curiosity and concern over this pristine island’s fate, the meeting promised not just another political discourse, but a gripping chapter in South East Asian geopolitics. “Koh Kut remains as steadfastly Thai as the monsoon rains are a fixture of our skies,” declared Prime Minister Shinawatra, alluding to the crystal-clear status of the island as a Thai sovereign territory. Her words attempted to calm the storm brewing over Koh Kut’s inclusion in a 2001 memorandum of understanding (MoU) with Cambodia—a document meant to navigate the choppy waters of resource management in areas where sovereign claims overlap. Yet, as any seasoned sailor will tell you, the seas of international relations are…

Eda Ezrin and Co. Arrested in Thailand: Methamphetamine Charges Shake Malaysian Pop Star’s World

In a case that’s left both fans and officials buzzing, renowned Malaysian pop sensation Eda Ezrin has found herself at the center of a legal storm after law enforcement discovered over 6,000 methamphetamine tablets in Thailand’s southern Narathiwat province. The arrest, which unfolded last Friday, saw the chart-topping singer among six Malaysian nationals who ended the day not on stage but under arrest. Wan Norshaheeda Azlin Binti Wan Ismail, the 29-year-old superstar lovingly known by her stage name, Eda Ezrin, was apprehended alongside her five fellow compatriots. The group included Mohamad Alif bin Deraman, age 32; Mohd Affendi bin Ahmad, 34; Nur Aida binti Mamat, 32; Erdieka bin Mohd Noor, 31; and the relatively younger Zuhaira Nasrin, 25. Together, they were struck by the serious discovery of 6,060 methamphetamine tablets, a staggering amount that could have major legal repercussions. Despite the arrest, a remarkable twist unfolded: none of the suspects…