Under the spotlight at the Bangkok Post Forum on a brisk November morning, Deputy Finance Minister Krisada Chinavicharana stood, poised and ready to impart his wisdom. It was the 8th of November, 2023, and the air buzzed with the anticipation of the gathered attendees. Little did they know, a political drama was quietly unfolding behind the scenes, a drama that would soon capture the attention of the nation. (Photo credit goes to the keen-eyed Nutthawat Wichieanbut for capturing the moment.) Enter stage left, Prime Minister Srettha Thavisin, who found himself making a hasty phone call on a Wednesday that could only be described as urgent. The subject of his call? A plea to the very same Krisada Chinavicharana, a man considering a dramatic exit from the world of finance ministry politics. “Please, think it over; sleep on it,” the Prime Minister might as well have said, in a bid to…
Posts published in “Thailand”
Welcome to the thrilling and ever-evolving saga of cannabis in Thailand, where the plot thickens as the country’s stance on the green herb takes another dramatic turn. Set against the bustling backdrop of the Bangkok skyline, this tale features a cast led by the distinctive Prime Minister Srettha Thavisin, who recently sent waves through the nation with a proclamation that could reshape Thailand’s relationship with cannabis. In the latest episode of this riveting story, Prime Minister Srettha took to his X account with a message that has since sparked a flurry of conversation and contemplation. With the decisive tone of a leader set on change, he declared a bold initiative to reel cannabis back onto the list of narcotics by the end of 2024. But that’s not all – he’s pulling no punches with a renewed vigor against the specter of illicit drugs sweeping through the country. Our story takes…
In the bustling world of business where numbers dance and profits shine, IRPC Public Company Limited stands as a beacon of success, especially in the first quarter of 2024. With a resounding profit of 1,545 million baht, the company has proven that strategic maneuvering and a focus on specialty products can lead to monumental gains. This profit didn’t just happen by chance; it was a whopping 413 percent leap from the same period in the previous year and a hearty 145 percent jump from the fourth quarter of 2023. Total revenue hit 74,644 million baht, a slight shuffle from the previous quarter, but the spotlight was not on the revenue. It was the strategic dance of producing and distributing Euro 5 standard diesel domestically that really turned heads, lifting the price differential of their diesel products notably high. The petrochemical sphere might seem a complex cobweb to some, but IRPC…
In the picturesque city of Geneva, Switzerland, amidst a congregation of brilliant minds and groundbreaking innovations, Charoen Pokphand Foods Public Company Limited (CP Foods) stood out, shining like a culinary beacon at the 49th International Exhibition of Inventions. It was there, in an arena celebrating the incredible, that CP Foods clinched not one, but three illustrious awards, setting the food technology world abuzz with the unveiling of their latest masterpiece: “Just-Cheese”. Made from the unassuming yet remarkable Fermented Broken-Milled Rice, “Just-Cheese” emerged as a beacon of vegan glory, offering a delectable cheese alternative that could easily have dairy-lovers doing a double-take. Imagine a product so innovative, it merges the realms of vegan and traditional cheese enthusiasts, uniting them under the banner of exceptional taste, low fat, and towering nutritional value. This isn’t just any cheese alternative; it’s a culinary revolution wrapped in a vegan package. Dr. Sudarat Ledlod, the maestro…
Imagine embarking on a voyage where luxury meets gastronomy, where each moment is draped in opulence and every bite a pathway to culinary heaven. Welcome to the Shangri-La Bangkok’s latest marvel, the ‘Shangri-La Horizon Cruise’. This isn’t just any cruise; it’s a promise of a journey that etches itself into the memories of all who step aboard. Picture this: the Chao Phraya River, with its rippling waters reflecting the dazzling Bangkok skyline, becomes the setting for an experience that redefines river cruises. The moment you board the Shangri-La Horizon Cruise, you’re stepping into a realm of enchantment. Over 2.5 hours, this majestic river cruise takes you on a sweeping voyage that is as much about the visual extravagance of Bangkok by night as it is about an exquisite dining affair. Guests are lavished with an international buffet that’s nothing short of a masterpiece, crafted by culinary wizards. Imagine the fresh…
Aswin Phlaphongpanich and DeeMoney Shine at Money20/20: Pioneering Cross-Border Payments in Thailand
In the dazzling world of fintech, where innovation meets convenience, DeeMoney emerges as Thailand’s knight in shining armor, offering unparalleled cross-border payment solutions. Gracing the grand stage of Money20/20 Asia, alongside financial titans like JP Morgan and avant-garde thinkers from the Bank of Thailand, DeeMoney carved its name into the annals of financial history. The spotlight was all on Aswin Phlaphongpanich, the visionary CEO and Co-Founder, as he delved into the intricate tapestry of ASEAN’s cross-border payment ecosystem in a discussion that was nothing short of enthralling. Titled “Navigating Challenges and Opportunities in ASEAN’s Cross-Border Payment Landscape”, the discussion wasn’t just another dialogue. It was a journey steered by Mr. Aswin Phlaphongpanich through the choppy waters of Thailand’s fintech realm, revealing the undercurrents that shape its very essence. DeeMoney, under his stewardship, thrives on innovation. Yet, the road is riddled with challenges, from the Gordian knot of KYC (Know Your…
Imagine stepping into the world of investments, where the glitter of digital assets beckons the adventurous and the savvy alike. In this domain, a beacon of enlightenment shines through, guiding would-be investors towards informed financial decisions. Bitkub Online Company Limited, a titan in the digital asset trading arena with its renowned Bitkub Exchange, has etched its name in the annals of financial literacy champions by receiving an illustrious accolade from the Securities and Exchange Commission (SEC) on April 22, 2024. This acclaim wasn’t just handed out; it was earned through tireless dedication to educating the masses. The stage for this honor was set against the backdrop of the “Thai Capital Market, Sharing Knowledge Initiative with the People” saga, unraveled from July 2023 to March 2024. Bitkub’s crusade into the heart of financial literacy wasn’t just a journey; it was a mission to arm the people of Thailand with the knowledge…
Imagine a scene straight out of a blockbuster movie, only this time, it’s not Hollywood fiction—it’s real life in the bustling streets of Bangkok. Picture a cloud of dust billowing into the sky, an unexpected interlude in the symphony of daily commotion. This was the scene along Charan Sanitwong Road, a usually vibrant artery in the heart of the city, suddenly brought to a breath-snatching halt. The cause? A building, in the throes of demolition, decided it couldn’t wait for the wrecking ball’s final kiss and crumbled, unscripted and dramatic, on Wednesday morning. The locals, no strangers to the city’s constant pulse, found themselves spectators to an event that could easily rival any cinematic spectacle. Posted on the “Tee Nee Bang Phlat” Facebook account, the incident unfolded around 10:30 a.m. in the Bang Phlat district—just as the sun began its climb, casting a spotlight on the unfolding drama. As the…
In a dramatic twist worthy of a blockbuster movie, the tranquil morning in Suphan Buri was shattered as Crime Suppression Division police swooped down on an unsuspecting temple car park, arresting Naphasorn Nuayen, 39, and her husband Thachathorn Nuayen, 41. What crime, you may wonder, merits such a grand apprehension? The stakes couldn’t be higher – the alleged embezzlement of a jaw-dropping nearly 400 million baht from the illustrious Donmuang Fermented Pork Sausage Co., a business empire built on the savory delights of fermented pork sausages, owned by no other than the woman’s aunt. The plot thickens as we take a glimpse into the morning of the arrest. Authorities from both the Crime Suppression Division and the Anti-Money Laundering Office embarked on a cinematic raid across three provinces – Pathum Thani, Nakhon Nayok, and Nakhon Ratchasima, at the break of dawn. Their mission? To apprehend the alleged masterminds behind a…
In the heart of Bangkok, under the sweltering sun, a dramatic scene unfolded outside the Finance Ministry on an otherwise ordinary January day. Panupong Jadnok, a co-leader of the vibrant Ratsadon group, stood resolutely, his voice piercing the humid air as he read out a statement that was anything but ordinary. It was January 22, 2021, and the world around him seemed to halt as he urged the finance minister to spring into action after the merciless coronavirus pandemic left the economy in tatters. The scene, captured in a photograph by Pattarapong Chatpattarasill, was a tableau of defiance and a plea for change. Panupong Jadnok, a name synonymous with political activism in the heart of Thailand, found himself embroiled in a legal storm that resulted in a sentencing that sent shockwaves through the community. Known affectionately to his followers as Mike Rayong, this 28-year-old was no stranger to controversy. However,…