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Posts published in “Thailand”

Groundbreaking Explosion of Infrastructure Projects in Thailand: Is this the Dawn of a New Era or an 89.7 Billion Baht Disaster?

As the sun sets over the bustling Chalong Rat expressway toll plaza, the heart of Bangkok’s thriving transportation, the Expressway Authority of Thailand (Exat) gears up for a major proposal. Exat, a beacon of Thailand’s infrastructural growth, plans to table four distinct expressway projects worth a staggering 8 billion baht to the cabinet by the year’s close. This piece of news was made official by the Authority’s governor, Surachet Laophulsuk. According to the governor, Exat is diligently working on a total of 14 project proposals set to be presented to Transport Minister Suriya Jungrungreangkit within the month. Four of these well-thought-out projects are fully prepared for immediate bids and construction, aiming for the groundwork to commence within a year. These projects combined come with a projected budget reaching an impressive 89.7 billion baht and are all planned to be proposed to the cabinet within a swift three-month window. The first…

Thailand’s Unprecedented Mega Project: A Leap Towards Economic Prosperity or a Misguided Gamble? The Bare Truth Revealed!

The port of Ranong, appointed by the Customs Department, boasts the highest lighthouse in Thailand and is found off the coast of the Andaman Sea. This vibrant port plays a crucial role in an imminent southern land bridge megaproject that promises to boost the region’s economy and enhance the connectedness of the nation’s territories. An influential figure who is eager for this project to press ahead is Wichai Sudsawat, an MP from the coalition Unitied Thai Nation (UTN) Party. Hailing from the province of Chumphon, he expressed his worry about the future of the crucial endeavor before the House recently. According to Sudsawat, his constituency, along with the rest of the southern region, stands a great deal to gain from this pathbreaking project set forth by the UTN with goals to amplify connectivity between land and marine infrastructure, thereby ushering in economic prosperity. The scope of this ambitious project expands…

Unstoppable NGV Price Hike Shocks Thailand: Financial Strife Looms for Transport Operators – Can the Government Salvage the Crisis?

The natural gas for vehicles (NGV) market in Thailand feels the sting as the price per kilogram skyrockets to almost 20 baht, causing a simmering unease among truck operators who finally bring their grievances forward to the Energy Ministry. On a sober Monday, a noteworthy collection of 64 transportation operators sat around a vast table, their faces etched with distress as they aired their mounting concerns. This meeting was steered by two eminent personalities – Apichart Pairoongreung, the resolute chairperson of the Land Transport Federation of Thailand, and Jitakorn Padetsuk, the influential leader of the Chachoengsao Chamber of Commerce. In the early hours of a chilly September 16 morning, the retail price of NGV witnessed an unsettling surge from 18.59 baht to 19.59 baht per kilogram. The whispers of another likely escalation to 20.59 baht per kilo by the year-end, specifically mid-December, only add to the growing trepidation among transport…

Unmasked Truth: Thai Businesses Struggle with Going Green – Financial Hardships and Knowledge Deficit Exposed!

In an exploratory investigation on the adaptation strategies businesses employ to curtail greenhouse gas (GHG) emissions, the Thai Private Sector for Development Office (TPSO) revealed a keen but constrained commitment from small and medium businesses. The study highlights the growing recognition of environmental urgency but also the existing obstacles SMEs face – largely stemming from financial constraints and a knowledge deficit. Interestingly, the pattern of consumer preferences exhibited a noticeable swing towards eco-friendly products. TPSO’s esteemed director, Poonpong Nainapakorn, provided insights into their comprehensive project titled “Study of Thai Business Adaptation Guidelines for Environmental Trade Measures: The Case of GHG Emission Reduction”. This project embarks on consumer surveys, engages in detailed discussions with business owners, and puts forth recommendations to business and governmental sectors. It primarily aims to inspire informed policy decisions that will empower businesses to adapt seamlessly while preserving their market edge. The survey included a substantial 5,012…

Unveiling Thailand’s Secret Weapon: How a Surge in Medical Tourism is Transforming the Global Health Landscape Forever!

Renowned for its advanced healthcare and medical facilities, Thailand has established itself as a key player in the global health tourism sector, providing high-quality medical and health services at affordable rates. The country’s network of approximately 400 private hospitals is rigorous in their ongoing drive to bolster their technological prowess and staff skills to match international standards. Undoubtedly, the pivotal role private hospitals play in providing excellent healthcare services to foreign visitors contributes to Thailand’s appeal on the medical tourism map. Dr. Chalerm Harnpanich, the esteemed President of the Private Hospitals Association, elaborated on this relationship during his speech at the “Medical Fair Thailand 2023” held on September 13. Dr. Harnpanich underscored how medical tourism constitutes a significant proportion of the revenue earned by private hospitals. This high-profile event, which continued until September 15, was hosted by the Bangkok International Trade and Exhibition Centre (Bitec). Statistics from the Global Wellness…

Unbelievable Survey Shocker: Thai Citizens Reject Priority on Medical Cannabis! A Bold Stance on a Controversial Issue!

Over a year ago, the Bhumjaithai Party reshaped the Thai Law by decriminalizing cannabis in a bid to stimulate the country’s economy. This was a ground-breaking move, though not without its share of contention, particularly, when it came to the topic of recreational use of the increasingly legal herb. A fascinating survey titled “Confidence in the government after its declaration of policies” was undertaken from the 14th to 16th of September in collaboration with the Institute of Future Studies for Development. The survey incorporated a plethora of voices across numerous fields, speaking for a diverse demographic – from various occupations and varied educational backgrounds. The survey gathered data from 1,227 participants, all of whom were above 18 years of age. An interesting facet of the survey asked participants to evaluate the performance of politicians during the previous week’s announcement and the subsequent debate on fresh government policies. The key figures…

Tourist Avalanche: Thailand’s Economy Teeters with Trillion Baht Boom – Will it Withstand The Shakeup?

In a recent report, the Ministry confirmed that international tourists have contributed to Thailand’s robust tourist industry by generating a massive 795 billion baht in revenue. This figure, taken together with Thailand’s domestic tourists, amounts to an outsized tourism revenue exceeding 1.3 trillion baht for the first three-quarters of the year. A bold projection by the authorities envisages up to 30 million international tourists this year, bringing further economic fuel to the tune of about 1.5 trillion baht. Among the crowd of globe trotters, the countries with the most sizeable tourist contingents included Malaysia with more than 3 million visitors, China with over 2.3 million, South Korea with in excess of 1.1 million, India also with over 1 million, and Russia with over 960,000 arrivals. On an anecdotal note, just last week, the tropical utopia played host to nearly half a million international tourists which averages to an impressive 67,244…

Prime Minister Takes Economy-friendly Flight to UNGA: Frugal Move or Hidden Truth?

Destined for the 78th rotation of the United Nations General Assembly (UNGA), a weeklong event housed at the very heart of international diplomacy – the UN headquarters, the Prime Minister is poised from the 18th to the 24th of September. His participation is bookmarked to open at the Leaders’ Dialogue 6, an influential forum centered on “Mobilising Finance and investments and the enactment of methods for the achievement of Sustainable Development Goals”. In the earlier hours of Monday, the Prime Minister, Srettha, journeyed towards this significant episode of world affairs aboard TG 8832, a chartered flight emanating from the serene grounds of Suvarnabhumi Airport. Interestingly, the vessel took a strategic pause for much-needed fuel at Haneda Airport in Japan and then continued its trajectory towards the city known for its towering skyscrapers and vibrant life – New York. Flying alongside the prime minister were Foreign Minister Panpree Pahitanukorn and various…

Thailand’s Landmark Plan to Slash Electricity Rates: Will Your Bills Plummet Like Never Before?

Thailand’s Ministry of Energy, under the leadership of the Deputy Prime Minister and Energy Minister Pirapan Salirathavibhaga, is set on a path towards a monumental decision to reduce electricity tariffs further by an additional 11 satang per unit. This intriguing revelation was shared by government spokesperson Chai Watcharong. Pirapan Salirathavibhaga, during the crucial meeting, revealed that the current tariff, which stands at a rate of 4.10 baht per unit, is earmarked to decline to an encouraging 3.99 baht per unit. This news comes off the back of last month’s cabinet agreement to reduce the price from 4.45 baht per unit to a significantly lower 4.10 baht, starting from this month’s billing. This strategic move was motivated by the Prime Minister Srettha Thavisin’s directive for the urgent development of effective strategies aimed at reducing energy costs and easing the burden of electricity bills. While specific details of the grand plan are…

An Astonishing Twist in Thailand’s Infrastructure Scandal: Bigwig Nok’s Empire at the Mercy of DSI!

The Department of Special Investigation (DSI) has initiated a thorough examination scrutinising 20 businesses associated with state construction undertakings. These pertain to projects which were in the long run acquired by firms belonging to Praween Chanklai, colloquially known as Nok. The scrutiny primarily revolves around the establishment of two segments of Highway 375 – one linking Don Toom to Lam Luk Bua in 2017, and the other knitting Lam Luk Bua with Highway 346 in 2021. Initial explorations suggest a possible connivance between Nok’s construction firm and a multitude of other ventures. This unusual alliance seems to have led to irregularities within the bidding process for these state projects. Nok’s business dealings came under the spotlight following his connection with a highly-publicized shooting incident involving highway policeman, Major Sivakorn Saibua. Nok’s company, interestingly, has captured numerous state projects including the likes of road, building and bridge developments, and canal dredging assignments,…