Contemporary Thailand is facing a number of pressing financial challenges. First on the list is addressing existing debt issues plaguing the agricultural sector, commercial businesses, and public cohorts. Secondly, they’re deploying digital financial aid, to the tune of 10,000 baht per recipient, to alleviate the populace’s monetary struggles. The Thai government is also striving to decrease energy prices while simultaneously boosting tourism-related income. Lastly, they are intent on revising the country’s constitution. Yet such undertakings demand substantial capital injection. Analysts, therefore, question the origins of these funds vital for the execution of such policies, along with their prospective burden on the national budget. Pipat Luengnarumitchai, who helms Kiatnakin Phatra Financial Business Group as the chief economist, maintains the finances for these projects could stem from two possible sources – the regular budget or off-budget funds. However, should the regular budget be tapped, policy implementation could face a delay of up…
THAI.NEWS - Thailand Breaking News
Bringing together their mutual strengths and commitment towards sustainability and lower greenhouse emissions, Gloyta Nathalang of Bangchak Corp Plc, and Veeradej Tejapaibul, of the Thai Renewable Energy Association recently marked a dynamic collaboration. As the executive vice president of corporate branding, communication and sustainability activation at Bangchak Corp Plc, Gloyta pulled her weight, which was further reinforced by her deep-rooted industry expertise in her capacity as the chairperson of the Carbon Markets Club. The binding agreement was stamped with the sign of a memorandum of understanding which took place in the noteworthy Century Park Hotel Bangkok. The partnership is fueled by an ambitious roadmap counting several significant milestones they aspire to achieve: Boosting Thailand’s propulsion towards attaining its target of “net zero” emissions. Elevating the adoption and usage of renewable energy across the spectrum from individual households to large-scale private corporations. Creating an effective platform to facilitate Energy trading with…
In the beautiful sunny city of Phuket, a tactical maneuver is underway to launch into the high season with fervor and aplomb – the city is motivating the owners and operators of boutique hotels to secure a license to operate. This enthusiastic incentive doesn’t come out of the blue; it is an integral part of the city’s detailed planning for hosting a staggering daily influx of more than 10,000 travelers. Multiply that by 365 days in a year, and Phuket is about to open its arms to an estimated 2.19 million sightseers from all corners of the globe. On September 7, a seminar spearheaded by the Phuket Boutique Accommodation Consortium (BAC) became the catalyst for bringing to light a ministerial regulation embraced by the Department of Public Works and Town and Country Planning of the Interior Ministry. This significant ruling, launched initially in June, refreshingly refines the criteria required to…
The alarming increase in suicide rates in Thailand has raised considerable concern, with figures soaring steadily over the past half-decade to reach a tragic peak of 4,800 deaths in the previous year, according to the country’s Department of Mental Health (DMH). In the face of these distressing statistics, the globe marked the arrival of World Suicide Prevention Day, a groundbreaking initiative spearheaded by the World Health Organization (WHO) aimed at reducing these unsettling numbers by uniting global forces. Rising magnificently to this challenge, mental health professionals from across Thailand’s public health sector, including committed teams from the DMH and National Health Security Office (NHSO), pooled their efforts to actively contribute to this vital campaign. World Suicide Prevention Day was conceived in the wake of a deeply troubling WHO report indicating that a minimum of one million lives is claimed annually by suicide globally. This alarming fact equates to one life…
In an astonishing turn of events that played out like an adrenaline-fueled action movie, a Japanese fugitive known as Yuki Yanagi made a bold break for freedom right under the nose of Thailand’s Immigration Bureau on Saturday, September 9th. Staging a daring escape in a commandeered police vehicle, Yuki initially left authorities perplexed and is still currently on the run. Famous for his notorious fraud activities against innocent Japanese citizens, to the tune of over 20 million yen (equivalent to 4.8 million baht), Yuki Yanagi was a high-profile criminal. His felonious actions had led him to abscond to Thailand, outstaying his visa in the process, and eventually leading to his apprehension by local authorities. The thrilling escape occurred when Yuki was in transit for a scheduled court hearing at the Ratchada Criminal Court. Upon being returned to the Immigration Bureau for further questioning and detention, Yuki pulled off an Oscar-worthy…
In a chilling turn of events, a brutal homicide confession has shocked a small community in southern Thailand. Muhammad Rusli, a 24-year-old man, turned himself in to authorities, confessing to the murder of Jaelong Baluebae, a 71-year-old durian buyer. Rusli revealed the grim details of the murder, confessing that he buried the older man’s body near a canal in Taya village, situated in the Narathiwat province, thereby placing the tragic event on September 6. The victim’s body was discovered on Saturday, September 9, sending waves of shock and sorrow through the local community. This shocking reveal became public after Rusli surrendered, narrating how an argument between the two men escalated into the harrowing crime. The events unfolded in Rusli’s durian orchard, where the victim had gone to make a purchase. Amidst heated words and rising tempers, Rusli confessed that he struck Jaelong with a spade, causing fatal injuries. To hide…
In the midst of a bustling construction site nestled within the premises of Srinakharinwirot University, located in the Asoke district of the lively city of Bangkok, a horrifying incident unfolded as a crane came crashing down. The accident had devastating repercussions, claiming the life of a local engineer and causing physical harm to two foreign workers hailing from Burma. The very operator assigned to control and manage the crane, was reported to have vanished from the scene post the tragic event. With haste and urgency, officials from the Thong Lor Police Station swiftly arrived at the accident site at around 4 in the afternoon. In tow with them were rescue personnel and medical professionals with the hope of providing immediate assistance and medical attention. The unfortunate mishap transpired on the balcony of the third floor of a structure which was currently under construction. Upon the balcony, the remnants of the…
The recent times have seen a passionate bid for the safeguarding of the cultural legacy and standard of living for the Maniq tribe of Thailand. The call to action has been made by an encamped Buddhist assembly known as the Five Precept Protection Committee found in the southern region of Thailand. The core apprehension the committee holds is regarding the potential effects of outside factors on the community. During their tour of Satun province, the plea was voiced. The purpose of their tour was to assess the advancement of a unified national project. Their visit extended to the community of the Maniq tribe, more commonly referred to as Sakai, within the Thung Wa district. Encompassing a population of 382 members, the Maniq tribe resides in the expansive Bantad mountain range that traverses through Satun, Trang, and Phatthalung districts. These nomadic hunter-gatherers live in harmonious coexistence with nature. They usually communicate…
In a significant crackdown on transnational cybercrime networks, Cambodian authorities have apprehended four Thai individuals, alleged for their leading roles in a notorious call centre scam operation. Supol Wongwian led the coordinated operations of the scam network, assisted by his accomplices – young females Nisarat Sukasem, Kanokporn Kraisuk, and Kornkanok Singthit. Hailing from Thailand, they are suspected of making fraudulent calls to unsuspecting victims. The allegations levelled against them, ranging from participation in a transnational crime syndicate to fraud and numerous computer crimes, will see them deported to their home country of Thailand to face corresponding legal sanctions. During their arrest, authorities seized various items including mobile phones, bank books, ATM cards and an amount close to 240,000 baht in cash. Supposedly, these individuals were not operating in isolation. Deputy National Police Chief Surachate “Big Joke” Hakparn unveiled a shocking revelation – that the four apprehended in Poipet, Cambodia, formed…
The Department of Agriculture, in an effort to alleviate farmers’ debt, is strategizing to put central funds into use should the forthcoming budgetary year experience any hold-ups. This initiative is part and parcel of the existing government’s strategies, notably the approach put forth by Prime Minister Srettha Thavisin, which seeks to downscale production costs. Prior to the public announcement, the Deputy Ministers of Agriculture and Cooperatives, Chaiya Phromma, revealed during an interview that the delivery of this urgent debt-relief policy for farmers would predominantly fall under the jurisdiction of the Ministry of Finance. As part of the initiative’s blueprint, the Bank for Agriculture and Agricultural Cooperatives (BAAC) has been tasked with the planning and preparation stages, having held various discussions with Prime Minister Srettha Thavisin, who is also the Finance Minister. Beyond the debt-relief policy, the Ministry of Agriculture is dedicated to providing ongoing support to the farming community for…