The new coalition government under the leadership of Prime Minister Srettha Thavisin has inherited the Prayut Chan-o-cha administration’s fight against global warming. The objective is clear: reduce emissions of greenhouse gases and manage the risks associated with natural calamities. This crucial global issue of climate change and global warming was diligently addressed by the former Thai government in their 12th National Economic and Social Development Plan (2020-22). The strategies articulated in the plan included making concerted efforts to bring down greenhouse gas emissions, increasing resilience to climate change, and the management of risks related to natural disasters. The National Economic and Social Development Council (NESDC) has succinctly presented the results of the plan’s initiatives under Strategy 4: ‘Environment-friendly Growth for Sustainable Development.’ The following have been the achievements: Greenhouse Gas Emissions: Efficient reduction of greenhouse gas emissions has been a significant achievement of Thailand. The country successfully reduced carbon dioxide…
Posts published in “Thailand”
The global gold market saw an impact due to the recent declarative comments made by the Federal Reserve, implying potential rate hikes in the coming year and a probable trend of heightened rates in the following year. These revelations, which came to light on a Wednesday, gave a boost to the US dollar and bond returns, thereby triggering a domino effect on gold. This wave of events reshaped investor forecasts around the precious yellow metal’s price, manifesting as a slump in the gold markets the following Thursday. Spot gold marked a 0.1% decrease, falling to US$1,927.84 per ounce, and US gold futures also took a hit, dropping 1% to reach $1,948.10. As the Federal Reserve dismissed concerns around a looming US recession, the demand for safe-haven assets like gold further dipped. In contrast to this global sentiment, Thailand’s domestic gold market bucked the trend and surged, reaching a historic high…
As advocated by the Ministry of Agriculture and Cooperatives, a revision to the current fishery related legislation is in its commencement phase. This revision has been introduced with an intent to alleviate the fiscal setbacks distressing the fisherman who imply that the severe rules and regulations have lowered the potentiality of their livelihoods. The Minister, Thammanat Prompow, not only acknowledges but also stipulates the constraints raised by the fishing communities strongly claiming that the reasonable functionality of their business has been critically affected by the relentlessly rigid Fisheries Act. This particular fisheries law, initially introduced to decimate Illegal, Unreported and Unregulated (IUU) fishing in Thailand, has received backlashes for its relentless rigidness. Thus, as a counteractive measure, The Ministry has instituted a committee to investigate the validity of these concerns, as per The Minister’s briefing. Furthermore, Thammanat implied that this committee will be composed of delegates from the various governing…
The allure of Thailand as a home is exponentially growing among expatriates and offshore employees, drawing from information released by the Employment Department and Colliers Thailand. The data uncovered that at the start of this year, Thailand played host to 156,596 expats, with more than half living within the bustling city of Bangkok. Last year’s stats showed that the majority of these were of Japanese, Chinese, and Indian nationalities; however, there has been a recent surge of interest in purchasing property, particularly condominium units, among the Chinese populace. In light of this burgeoning trend, the Tourism Authority of Thailand (TAT) has set its sights on rolling out benefits specifically designed for this demographic in the coming year. As the trajectory of tourism is gradually moving towards longer-term stays in the post-pandemic world, stakeholders are actively remedying ways to engage this audience. TAT governor, Thapanee Kiatphaibool, has unveiled plans to provide…
Delving into the heart of a significant environmental issue, Jatuporn Burusphat, Secretary of the Ministry of Natural Resources and Environment in Thailand, recently conducted a thorough examination of Bueng Boraphet’s water condition. A startling discovery was made, as the water level has dramatically plummeted to a level ten times lower than the previous year. This drastic drop has spiralled into a water crisis threatening to disrupt the delicate balance of the ecosystem. Along with Deputy Secretary, Pichit Sombatmak, and a team of concerned officials, Jatuporn undertook an aerial survey of the critical water situation in Bueng Boraphet. For the survey, they employed the ministry’s own helicopter, voyaging across the sky to comprehensively assess the status of the water level. While aboard, they also discussed the progress of the crucial water supply project that spans from the Nan River to Bueng Boraphet, covering the key regions of Thap Krit, Chum Saeng,…
Diving headfirst into a thrilling tale, we find ourselves in the heart of Thailand, specifically in the central province of Prachin Buri. The story begins at the remarkable Khao Luk Chang Temple in the Kabin Buri district, a tranquil piece of paradise that on a seemingly ordinary day of yesterday, September 24, was abruptly transformed into a scene of life-and-death drama. The protagonist of this gripping tale is a loyal septuagenarian Thai gentleman named Nirun. This 73-year-old selfless soul is a huge supporter of the temple, often offering his valuable assistance in temple duties without any expectation of recompense. As fate would have it, Nirun’s regular day began with a simple mission: to mend a leaking water tank situated at the temple. Armed with his dedication and tools, Nirun started working on the tank around 9am. However, an unfortunate accident took him off guard, flipping the day’s calm into chaos.…
According to Suriya Jungrungreangkit, Thailand’s Transport Minister, the proposed southern land bridge megaproject, with a projected cost of 1 trillion baht is not being suspended or cancelled. However, he emphasized that extensive research and thorough scrutiny are necessary before making any definitive advances. Suriya’s statements came in response to fears from Wichai Sudsawat, a United Thai Nation (UTN) Party MP from Chumphon, that the much-touted venture would be shelved indefinitely. Mr. Sudsawat underlined that this project, conceptualized by the previous regime and factoring high in the UTN’s plans, aims to strengthen connectivity and pave the way for economic growth in the southern regions of Thailand. Initially rolled out by the Prayut-Chan-o-cha government in 2021, the land bridge project is expected to complement the nation’s economic dynamo – the Eastern Economic Corridor (EEC) while connecting Andaman Sea and Gulf of Thailand via two strategic transit hubs in Chumphon and Ranong. Minister…
Under the skilled guidance of Assistant Manager Financial Education, Mingkwan Prasertsiwaporn (5th from the right in the back row standing) alongside a dedicated volunteer team, the esteemed Ngern Tid Lor Public Company Limited, most commonly known as TIDLOR, recently held an enriching financial literacy workshop. This event was aptly named “Basic Financial Literacy” and was specially held for the brilliant Grade 12 pupils at Dhammajarinee Witthaya School. During this empowering workshop, not only were 40 of Dhammajarinee’s brightest minds present, but the event was also honoured by the presence of the Director of the school, Dr. Aunampai Passakchai (6th from left, standing back row). This enlightening event took place at the Kulthida Woods Hall, nestled within the beautiful and lush green campus of Dhammajarinee School located in scenic Ratchaburi Province. The core objective of the workshop was to foster financial discipline among the learners and equip them with essential knowledge…
In a world continually shrinking due to globalisation, the ability to communicate effectively in English has become more like a necessity rather than an elective skill. Thailand, in recognition of this reality, has in recent years prioritized the improvement of the country’s English proficiency levels, with strong support from governmental and educational entities. Key to this transformation is Teast, a groundbreaking digital platform devoted to Teaching English as a Foreign Language (TEFL). Teast, well-known for its dynamic approach to English language teaching and learning, caters to a global audience, transcending geographical barriers. It operates a digital hub allowing enthusiastic language learners in Thailand to interact with seasoned educators around the world, thereby revolutionising English language teaching methods in the country. As a hub, Teast provides learners with a plethora of teaching styles and methodologies, giving them exposure to different cultures and perspectives. For instance, a unique characteristic of Teast is…
The much-anticipated Sustainability Expo 2023 (SX 2023) is back, following the staggering success of its predecessor in 2022 that garnered attention from a staggering 253,000 visitors. This event, reputed as one of the biggest sustainability assemblies in the ASEAN region, is celebrated for championing more responsible, sustainable living and seeks to improve its attendance record with aspirations of attracting over 320,000 participants this year. Set to take place at the Queen Sirikit National Convention Center (QSNCC) in Bangkok between September 29 and October 8, 2023, the event promises to be significantly larger and richer in content than ever before. Championed by Thai Beverage Public Company Limited (ThaiBev) and coordinated in unison with four partners, namely, Frasers Property (Thailand) Public Company Limited (FPT), PTT Global Chemical Public Company Limited (GC), The Siam Cement Public Company Limited (SCG), and Thai Union Group Public Company Limited (TU), SX 2023 is themed “Sufficiency for…