In the bustling financial landscape of today, a beacon of hope shines brightly for those ensnared in the clutches of debt – the Debt Clinic, courtesy of the central bank. This groundbreaking initiative has seen an astonishing uptick in traffic, with a 43% surge in the number of retail borrowers eagerly knocking on its doors in the first quarter alone. This remarkable influx is a testament to the growing determination of individuals grappling with the shadows of non-performing loans (NPLs) to reclaim the reins of their financial futures. Spearheaded by the eminent Sukhumvit Asset Management (SAM), the second-largest asset management behemoth in the country, the Debt Clinic has emerged as a financial sanctuary for many. In this quarter, a staggering 20,267 souls sought solace in the programme’s promise of debt restructuring for unsecured debts – a 43% leap from the previous year’s figures. Out of this hopeful cohort, 14,311 were…
Posts published in “Thailand”
In a tale that reads more like a screenplay for a mystery thriller than a news article, a 31-year-old Thai woman’s journey of love took a tragic turn, culminating in her untimely death. The drama unfolded when she flew to Taiwan, eager to reunite with her boyfriend, only to meet a grim fate at the hands of her own sister. The serene backdrop of Ta Wulun in Keelung, known for its breathtaking views, became the scene of a somber discovery when the body of the young woman was found nestled in the bushes. Venture she did, across the seas on a tourist visa, her heart set on rekindling flames of affection, unaware of the darkness that awaited. The grim details emerged as the Taiwanese police pieced together the puzzle. The victim bore the marks of a violent struggle, with stab wounds adorning her wrists and feet, painting a picture of…
“` In a turn of events rippled with intrigue and political shuffles, the United Thai Nation (UTN) secretary-general, Akanat Promphan, recently found himself in the swirl of rumors and speculations. The buzz? Krisada Chinavicharana, erstwhile deputy finance minister, possibly waving goodbye to the party following his dramatic exit from the cabinet position last week. Amidst the whirlwind of guesswork, Mr. Akanat coolly played it down, admitting he was as much in the dark about Mr. Krisada’s next steps as everyone else. Picture the scene: a valued member of the party, possibly contending with the crossroads of his career. Mr. Krisada might well be eyeing a role demanding a flair for political neutrality, prompting a possible departure from UTN – a move we’ve witnessed before in the dramatic exit of Seksakol Atthawong, who traded party colors for a prestigious spot on the executive board of a state enterprise agency. Mr. Krisada’s…
In the bustling world of legal reform, a groundbreaking proposition has emerged from the Strategic Transformation Office (STO) that promises to reshape the landscape of employment within the government sector for those who have faced the tumultuous waters of bankruptcy. With a ray of hope on the horizon, this proposed metamorphosis of bankruptcy laws is setting the stage for a conversation that extends far beyond the confines of legal jargon, into the very heart of human compassion and understanding. As whispers of change circulate, the public has been invited to lend their voice to the dialogue until May 23rd, a testament to the democratic spirit in which these changes are being forged. At the core of this revolutionary proposal lies a belief that challenges the longstanding narrative surrounding bankruptcy – a belief that insists on the capacity for individuals to contribute valuably to their society, irrespective of their financial past.…
Once upon a time, as the sparkling sun rose above the bustling city of Bangkok, nestled within the Banbangkapi School in the vibrant Bang Kapi district, a scene unfolded that echoed the resilience of a community in the face of adversity. Here, a teacher, armed with a bottle of hand sanitizer gel, became an unsung hero in the tireless battle against an invisible foe – Covid-19. This simple act of dispensing sanitizer to eager pupils was more than just a routine; it was a symbol of hope and protection as the new school term commenced in May of the previous year. The moment, captured in a photograph by Varuth Hirunyatheb, resonated with a poignant blend of normalcy and vigilance. In the midst of this ongoing saga, the plot thickened as experts voiced their growing concerns over the elusive enemy – the Covid-19 virus, which, like a chameleon, continued to shift…
Welcome to Ratchaburi, a land where the lush embrace of nature meets the vibrant pulse of progress under the watchful gaze of Prime Minister Srettha Thavisin. On a sun-drenched Sunday, as the whispers of the trees told tales of yore, the Prime Minister embarked on a journey, not just any journey but a quest woven with the threads of commitment and care for the nation’s verdant guardians – our forests. Amidst the scenic vistas that paint Ratchaburi with hues of green and gold, PM Srettha stood firm, a beacon of resolve, as he declared an unyielding vow to safeguard the emerald realms that cradle the heart of Thailand’s heritage. With a vision as clear as the waters that nurture the lands, he initiated a clarion call to review requests percolating from the depths of the community – a call to harmonize human aspirations with the delicate dance of nature’s bounty.…
Once upon a time, nestled in the heart of Thailand’s northeastern province of Surin, lies the enchanting village of Phayaram, a place where magic, tradition, and the fine art of silk weaving intertwine. This quaint hamlet, home to 122 households and boasting a population of 523, is more than just a dot on the map; it’s a living museum, a testament to the resilience and ingenuity of its people. Established in the year 1761 during the vibrant reign of King Ekkathat of the Ayutthaya Kingdom, Phayaram is a treasure trove of agricultural wisdom passed down through the ages. Yothaka Bunmak, the spirited head of the Sericultural Women’s Group’s Phayaram Community Enterprise, paints a vivid picture of a community where the cycle of life is inextricably linked to the art of silk. Here, every woman is an artisan, her hands adept at nurturing mulberry trees, tenderly rearing silkworms, and weaving silk…
Welcome, globe-trotters and tech aficionados, to an enchanting tale of how Thailand’s bustling airports are on the cusp of embracing artificial intelligence (AI) to whisk you from the runway to the Rayong beaches or the bustling streets of Bangkok with the grace of a Thai silk dancer. This isn’t just any story; it’s a futuristic odyssey set against the backdrop of Thailand’s ambition to become the centerpiece of aviation in Asia. Our narrative begins with a journey to the east, where Deputy Prime Minister and Transport Minister Suriya Jungrungreangkit found inspiration amidst the technological marvels of Beijing Capital International Airport. Picture this: you’ve just landed after a long flight, eager to dive into your holiday. But instead of the usual hustle and chaos, the process is smoother than a Mango Sticky Rice. Beijing’s airport, a high-tech wonderland, has embraced AI, slashing the dreary wait times for luggage, ensuring cabins are…
Imagine wandering into the vibrant and bustling Nonthaburi Green Market in 2023, only to find yourself amidst a sea of curious onlookers, each examining bongs with the kind of intensity usually reserved for art aficionados at a gallery. This scene, captured last year, serves as a perfect snapshot of the complex tapestry of opinions, policies, and economic realities surrounding cannabis in Thailand. The last year underscored a period of intense debate and growing clamor around cannabis legislation in Thailand. With the air at the Ministry of Public Health thick with anticipation and an undercurrent of urgency, pro-cannabis advocates are gearing up for what promises to be a pivotal showdown. Their demand? A conclusive, scientific discourse that weighs the merits and drawbacks of cannabis against its notorious cousins – alcohol and tobacco. From Thursday onward, they are ready to encamp at the ministry’s doorstep, armed with patience and a thirst for…
The Central Investigation Bureau (CIB) of Thailand is currently embroiled in a high-stakes game of cat and mouse, meticulously sifting through the intricate world of elite visa holders suspected of engaging in nefarious activities on Thai soil. The chase intensified following a startling discovery that a Chinese individual leveraged the coveted Thailand Privilege Card, not for sightseeing or savoring the country’s famed hospitality but for orchestrating large-scale money laundering operations in support of call center scam syndicates. At the heart of this intrigue stands Chen Yon Lai, 52, dubbed a financial puppet master for his role in circulating illicit funds across the digital sphere. The CIB, under the vigilant eye of Commissioner Pol Lt Gen Jirabhop Bhuridej, unveiled Chen’s operations in an exclusive reveal to the Bangkok Post. The breakthrough came with Chen’s arrest in a posh neighborhood of Bangkok, unraveling a complex web that extended to the arrest of…