Posts published in “Thailand”

The political landscape in the House of Representatives is set to heat up with the submission of a no-confidence motion tomorrow, as announced by the main opposition, the People’s Party (PP). Leading the charge, PP’s charismatic leader, Natthaphong Ruengpanyawut, tantalizingly hinted that a list of targeted cabinet ministers will be unveiled, promising a political spectacle that could see government ministers sweating under the intense spotlight. Natthaphong, with a twinkle of mystery in his eye, suggested that the motion is backed by substantial intel from state agencies and politicians pointing towards unsettling irregularities and a government faltering under the weight of public hardships. Yet, when it came to the juicy details, such as whether the land controversy—linked to a fierce battle between Pheu Thai and Bhumaithai—will feature, Natthaphong played his cards close to his chest. Similarly, he remained mum on which fiery PP MPs will play prosecuting attorneys in this epic…

As we inch closer to tomorrow, the House of Representatives is bracing for a seismic event—a no-confidence motion set to shake the halls of power. The driving force behind this political blockbuster is none other than the main opposition, the People’s Party (PP), who are not just dropping a bombshell, but a whole armory, as they prepare to unveil the Cabinet ministers who will face the heat. Natthaphong Ruengpanyawut, the PP’s ever-eloquent leader, tantalizes us with promises of an intense political overheating, all thanks to some juicy government slip-ups. With whispers of state agency leaks and political informants echoing through the corridors, the opposition claims that they’ve armed themselves with proof of governmental hiccups failing ordinary folk. It’s like a daytime soap opera with more eyebrows raised than you’d imagine. But here’s the twist: the ever-coy Mr. Natthaphong is holding his cards close to his chest regarding whether the hot-potato…

The vibrant and ever-bustling city of Pattaya took a spotlight for an entirely different reason recently, as the local authorities descended upon a notorious beer bar complex, captivating the attention of both fed-up residents and curious netizens. The scene unfolded on Tuesday, February 24, at the unassuming hour of 8:30 PM. The city’s determined mayor, Poramase Ngampichet, motivated by a cacophony of grievances from sleep-deprived locals, decided enough was enough and unleashed a full-scale probe into Soi Diana, the infamous nightlife nucleus of South Pattaya. Leading the charge into this auditory battleground was Thakolrat, the fearless manager of the yet-to-be-named venue under scrutiny. The Pattaya police, maintaining an air of mystery more tuned to a detective novel, chose to hush the establishment’s identity as their investigations persist. The cause of this nocturnal uproar, already a favorite of online sensations like TikTok, was no secret. The persistent live music, with its…

Pattaya, the city infamous for its lively nightlife, has found itself once again under the spotlight as authorities clamped down on a well-known beer bar complex. The hub of revelry in Soi Diana, South Pattaya, had been causing quite a ruckus, much to the chagrin of its long-suffering neighbors. Residents, tired of feeling like they were living in a perpetual disco, raised their voices—duly heard by Pattaya Mayor Poramase Ngampichet, who responded with swift action. On the evening of February 24, around 8:30 PM, an impressive task force comprised of city officials and police, under the capable leadership of Thakolrat, the bar manager, descended upon the bustling venue. Despite their efforts to address the clamor, the identity of this ear-splitting establishment remains as elusive as a ghost in the night, with officials opting for discretion due to ongoing inquiries. The bar, having gained dubious notoriety as a TikTok sensation, faced…

In a year that marked its 90th anniversary, UOB Group celebrated an impressive financial milestone by posting a net profit of S$6.0 billion for the fiscal year ending December 31, 2024. This represented a commendable 6% increase from the previous year, setting a new record for the bank. To celebrate and share these gains with shareholders, the board has proposed a final dividend of 92 cents per ordinary share. Together with an earlier interim dividend of 88 cents, the total payout for the year sums up to S$1.80 per ordinary share, reflecting a distribution rate of roughly 50% of the profits. As part of its strategic move to manage surplus capital, UOB presented a S$3 billion plan which will unfold over the coming three years. This plan involves administering special dividends in tandem with a share buyback initiative. Notably, in 2025, shareholders can look forward to a special dividend of…

In a spectacular display of financial prowess, UOB Group has once again turned heads, reporting a record net profit of S$6.0 billion for the financial year ending December 31, 2024. This impressive achievement marks a notable 6% year-on-year increase, highlighting the bank’s robust performance and its ability to navigate the ever-shifting tides of the global market. The bank’s board of directors, evidently in a celebratory mood, has proposed a final dividend of 92 cents per ordinary share. Combined with the interim dividend of 88 cents per share, this totals a generous S$1.80 per ordinary share for FY24 — equivalent to a payout ratio of approximately 50%. But wait, there’s more! To spread the joy, they unveiled a S$3 billion package set to distribute surplus capital over the ensuing three years, including special dividends and share buybacks. This includes a special dividend of 50 cents per share in 2025, marking UOB’s…

In the early hours of Wednesday morning, tranquility was shattered by a heart-wrenching incident in the Nadi district of Prachin Buri. Rescuers scrambled to the scene where a community study tour had taken a catastrophic turn. A bus, one of three bustling with eager passengers from Bueng Kan province, had met with a tragic fate on their journey to Rayong. The serene dawn was punctured by the chaos of the crash, as the clock ticked past 3:20 AM. The Prachin Buri road safety center reported the grim incident occurred near kilometer marker 210-500 on Highway 304. It was a morning that promised adventure but instead delivered sorrow. As the bus navigated a tricky downhill road, it veered out of control—plunging down the slope and overturning in a devastating spectacle. The magnitude of the tragedy was overwhelming. Eighteen lives were extinguished in the blink of an eye—17 individuals succumbed to the…

In the heart of Prachin Buri’s serene Nadi district, an air of tranquility was abruptly shattered in the early hours of Wednesday. A community study tour meant to foster knowledge and camaraderie took a tragic turn when one of the buses, ferrying eager participants from the lush landscapes of Bueng Kan province, met with a catastrophic mishap. As dawn’s light barely brushed the horizon, a harrowing scene unfolded, forever etching the wee hours of the morning into painful memory. The Prachin Buri road safety centre was the first to shed light on the severity of the incident that occurred around 3:20 AM. On the notoriously treacherous stretch of Highway 304, near the ominously marked kilometre marker 210-500, the bus lost its way. Descending a deceptive downhill curve, it spiraled uncontrollably, careening off the road and down an unforgiving slope before overturning with a force that silenced the night. In the…

Today, gold lovers have a reason to rejoice as the glittering metal has taken a spectacular leap up the price ladder. As the sun rose and the Gold Traders Association (GTA) opened its metaphorical doors to the market, enthusiasts were greeted with shiny new numbers. Just yesterday, on February 24, gold closed on a high note, and it seems to have set itself a new benchmark today. So, you ask, how much does a touch of bling cost these days? Those with a penchant for gold jewellery can expect their hearts to skip a beat with prices flashing at a twinkling 47,300 baht per baht weight. That’s right, February 25 greeted us with a price climb of 100 baht from the previous day, making this glitter an awfully tempting temptation. The GTA made sure these golden deets were out early, announcing them on their website at a precisely timed 9:04…

In a dazzling display of economic footwork, gold prices have soared to sparkling new heights, weaving a tale of glimmering allure that’s hard to resist. As the Gold Traders Association (GTA) kicked off the morning market, gold’s value twinkled above its previous close from February 24th, drawing both seasoned investors and new enthusiasts into the fold. So, what’s the price tag for a slice of this lustrous treasure? Those seeking the dazzling charm of gold jewelry will find their hearts captivated by the 47,300 baht per baht weight price, marking a thrilling 100 baht increase from the prior day. The golden details of this economic spectacle were broadcasted with much fanfare at the punctual hour of 9:04 AM on the GTA’s website. If your sights are set on gold bars of 96.5% purity, you’d be entering a marketplace where these brawny blocks beckon at 46,700 baht for a buy, with…