In his versatile role as the Finance Minister, Srettha shed light on how the freshly inaugurated space would serve as a collaborative hub for tech enthusiasts. He shared his delight and gratitude for this initiative, emphasizing that the technology-oriented individuals from all walks of life now have an exciting space to learn in unity and unfold their potential. The hub is a fertile ground for individuals to share and gain insights into a wide range of pioneering innovations and technologies. Key technological domains like blockchain, digital currency, and financial technology are some of the focuses of this platform. The event showcased a mix of rich global equity content and interactive workshops for attendees to harness. “Envision this space as a stage providing the youngsters with the liberty and security to deliberate on an array of socio-economic and technological concerns. It serves as a melting pot for knowledge and solutions that…
Posts published in “Thailand”
In an aftermath of a startling occurrence at the Siam Paragon shopping mall on a typically peaceful Tuesday evening, where a shooting incident took place, the Tourism Authority of Thailand (TAT) has come forward assuring comprehensive safety measures to ensure the confidence of foreign tourists in Thailand. This statement was made clear by the TAT’s Governor, Thapanee Kiatphaibool, through her follow-up announcements concerning the unfortunate incident. Gov. Thapanee detailed how the TAT has been attentively following this distressing event, initiating necessary actions to handle the situation and provide reassurances to the international visitors. Keeping the safety of tourists as a priority, she exposed the decision of the TAT to ally with other concerned government sectors to bolster the security provisions explicitly catering to foreign tourists. The agency is also set on channeling communication with other government branches to extend financial aid to the grieving family of the Chinese tourist, who…
Last month, the Social Development and Human Security Ministry of Bangkok gathered at the illustrious Amporn Gardens and shared an alarming revelation about Thailand’s native feline species. They disclosed that out of the 17 recognized Thai cat breeds, only four—Siamese, Supalak, Konja and Sisawat or Korat—still walk among us. The experts at the seminar expressed profound concern for Thailand’s inability to implement effective conservation strategies, subsequently leading to 13 breeds becoming extinct. These indigenous Thai cats have now become coveted rarities, and a single kitten can fetch a stunning price tag of up to 250,000 Baht, particularly if it embodies traits delineated in historical archives. The list of Thailand’s 17 native breeds, as confirmed by professionals and various websites, includes: 1. Nilrat: A species with an all-black costume that even spills over to their nails, tongue, teeth, eyes, and bones. They possess long tails capable of reaching their heads. According…
“Perceive me not as a politician today, but as an entrepreneurial figure steering Thailand towards a better future,” articulated Srettha, while delivering his address at the “Thailand Economic Outlook 2024: Change the Future Today” gathering in Bangkok, a Wednesday not long ago. The occasion marking the 36th anniversary of the Thai-language business cornerstone, Krungthep Turakij, was held at the sophisticated Waldorf Astoria Hotel. “I perceive myself as a salesperson. I carry the responsibility of amplifying the value of Thailand’s eclectic product range and to elevate investor sentiment in the process. This is my unmistakable role as the country’s top-rated sales agent,” he proclaimed. During his meticulously articulated address on “The Big Change: Empowering Thailand’s Economy,” Srettha communicated his sentiment akin to that of many business magnates. He visualizes Thailand as an aging vehicle, apt yet lagging compared to its global counterparts. He was candid, expressing no necessity to delve into…
The Mass Transit Authority of Thailand (MRTA) is all set to push the Ministry of Transport into moving forward with three vital mass-transit projects located in the hotspots of Bangkok and Phuket. These ambitious projects, having a rough cost of around 220 billion baht, showcase the country’s commitment towards advancing its transport infrastructure. MRTA’s governor, Pakapong Sirikantaramas, on this front had made an announcement yesterday outlining the detail of these projects which incorporate the Brown and Orange lines in Bangkok as well as a revolutionary transit system in Phuket. The Orange Line, an intricate portion of the project, is tailored to bridge the areas between the Bangkok Noi district’s Bang Khun Non-region, which lies on the Chao Phraya River’s west side, and the eastern district of Bangkok, Min Buri. The Eastern part stretches for 22.57 kilometres, reaching from the Thailand Cultural Centre station to Min Buri, is currently on the…
Fuelled by a belief that every citizen should have a roof over their heads, the vaunted Thai Department of Social Development and Welfare, spearheaded by the accomplished Minister of Social Development and Human Security, Varawut Silpa-archa, is taking proactive measures to revamp its housing subsidies programme for the homeless, in an attempt to accommodate a larger demographic. The past year revealed sobering figures, with less than 100 forlorn souls availing the benefit of the programme, drawing attention towards an urgent need to revamp the existing initiatives. This philanthropic initiative, a collaboration with the Thai Health Promotion Foundation, offers an enticing lifeline to homeless individuals, providing them with the means to acquire housing. A gleaming light at the end of the tunnel, the department generously covers half the rent for the participant’s apartment, curbing the daunting price tags and making homes an affordable reality. But their intervention goes beyond mere financial…
In a ground-breaking move from the food and beverage world, Singapore-listed ThaiBev has shared their ambitious investment plan, involving an impressive 7 billion baht aimed at augmenting their presence domestically and globally. Thapana Sirivadhanabhakdi, the dynamic CEO, informed that a hefty 4 billion baht has been set aside for erecting a new beverage plant in Cambodia, while the remaining 3 billion will fuel logistics facilities, a 21st-century biogas factory, and other strategic maneuvers. Aligning with the rebound in tourism and the invigoration of the food and beverage sector, ThaiBev is fortifying their brand’s robustness and polishing their competitive edge. Their expansion strategy is hinged on achieving sustainable growth resting on the triumvirate of growth, sustainability, and enablement, which includes market diversification, product portfolio enhancement, and catering to the ever-shifting consumer demands. Head of ThaiBev’s beer product group, Michael Chye Hin Fah, has disclosed an exciting venture. The company is constructing…
Unleash your hidden desires at G Boutique Hotel Surawong Bangkok, a niche destination for couples who fancy a shade darker in their romantic escapades. This boutique hotel, tucked in the heart of the buzzing Thai capital, has geared up its latest addition – a room themed after the popular erotic novel turned movie, Fifty Shades of Grey. Outfitted with BDSM accessories, this room is the newest talk of the town amongst thrill-seeking couples wanting to break from mundane hotel stays. Rated a solid 3-star, the G Boutique Hotel Surawong Bangkok is strategically placed just a hop, skip and jump from the Chong Nonsi BTS station. This prime location, coupled with superior service and contemporary facilities, has garnered it rave reviews on several renowned travel platforms. But G Boutique Hotel Surawong Bangkok is more than just a hotel – it’s an experience. Part of this ‘experience’ mark are its specially designed…
Weather experts at the Thailand Meteorological Department (TMD) have issued a stern weather warning for large parts of the country, due to persistent heavy rains. A total of 44 provinces, covering a sizeable 80% of Bangkok, have been put on high alert for potential sudden flash floods and forest runoff. This warning is particularly significant for those located in mountainous and low-lying areas along waterways, as these terrains are susceptible to the adverse weather effects. The cause of this severe weather warning is the current Monsoon trough. The trough is making its way across central, lower northeastern, and eastern Thailand, gradually moving towards a low-pressure area along the central Vietnamese coast. The combination of these two weather factors with the prevailing southwestern monsoon over the Andaman Sea has led to the current undesirable weather conditions over Thailand and the Gulf of Thailand. Residents living within the highlighted areas are advised…
Remarkable Measures by Thailand’s Government-Owned Banks Creating a Wave of Change Thailand is known for its captivating culture, mouth-watering cuisine, remarkable beaches, and lately, an innovative approach to support vulnerable communities experiencing the brunt of high interest rates. The country’s public-sector banks, led by the Government Savings Bank (GSB), have extraordinarily hit the pause button on their loan rates, creating a ripple effect of admiration and relief among their clients. Vitai Ratanakorn, the President and Chief Executive of GSB, confirmed this progressive development designed to aid low-income individuals and Small to Medium-scale Enterprises (SMEs). This bank, which prides itself in servicing a considerable six million loan customers, came to this decision owing to the compassionate guidance of the nation’s government. This drastic step springs forth in response to the Bank of Thailand’s Monetary Policy Committee’s recent action, boosting its benchmark interest rate to a staggering 2.5%. This record high catapulted…