The country’s sinking currency is increasing inflationary pressures, according to Finance Minister Arkhom Termpittayapaisith, who also promised to investigate if the decrease is related to the nation’s economic fundamentals. According to Arkhom, the Finance Ministry has limited authority because the Bank of Thailand controls monetary policy. In order to determine if the baht is degrading too quickly and how its value loss is harming the economy, businesses, and consumers, a joint analysis will be conducted during the planned discussion. In the meantime, it’s been claimed that the government has put in place a number of steps to lower high energy prices in an effort to aid companies in controlling their production expenses. Since July 2, 1997, the baht has not been fixed to the US dollar. Numerous factors influence the value of the currency, and the ministry will speak with the Bank of Thailand to determine which ones are responsible…
THAI.NEWS - Thailand Breaking News
Thai agents have never participated in a coordinated operation abroad. In 35 smuggling attempts, 22 kg of methamphetamines, 290,000 “yaba” pills, and 479 ecstasy pills were recovered. KCS operatives visited Bangkok’s Suvarnabhumi Airport once a month between May and August to track drug-smuggling. Thailand and Korea praised their combined effort to curb drug trafficking after discovering a large number of drugs. Thai Customs Administration deputy director Pongtep Buasap applauded the initiative. They plan alliances with Southeast Asian and European states. The Korea Customs Service (KSC) sent a team to Thailand in November after discovering a narcotics haul there. Korea seized 124 methamphetamines from Thailand last year. Pongtep and Yoon signed a memorandum of understanding to prevent drug smuggling yesterday. Most medication batches were transported by mail, air freight, or travelers’ carry-on luggage. “We confirmed that the coordinated crackdown involving customs officials at drug supply and consumption sites is successful,” he…
Future candidates may launch their campaigns 180 days before the expiration of the current administration, the article claims. From April 3 through April 7, 2023, registration will be open to all applicants. Next year, the registration period for candidates will run from April 3 to April 7, and the official list of candidates will be released on April 14. In case of Parliament dissolves earlier than expected, the EC is also ready. The EC will designate an early voting day on April 30, 2023, to accommodate the Thai citizens who are unable to cast their ballots on the scheduled day. The general election must be held within 45 days after the government’s term finishes, as required by Section 102 of the Constitution. Within five days of the dissolution, the EC must also publish the election date. It will happen on May 7, 2023. The EC published the general election schedule…
A correction has been submitted after the struggling carrier’s strong recovery from Covid-19. Creditors oppose its rehabilitation strategy. Chai said the company’s recovery should take two years. He predicts the company will outperform last year. THAI predicts 4.5 million travelers this year. Chai believes passenger volume would rise if China and Japan reopen this year. The Finance Ministry’s firm shares will drop from 44% to 33% when the proposal is implemented. July 2022 domestic traffic reached 87% of July 2019’s level. Chai says the measure will end the company’s status as a state organization.Thai Airways International’s updated restoration plan is expected to be approved (THAI). IATA reports that July traffic was up 60% from last year. Chai Eamsiri, the airline’s interim CFO and senior executive, said the company will restructure its debt if the request is granted. Chai said this will reduce the company’s political influence. The revised plan gives…
Moregenshtern blamed Japan’s closure for delayed searches. Thailand’s top tourism destination is Japan. This is true everywhere, including Asia, for the outgoing line. A rise in outbound tourism will reduce domestic tourism due to increasing travel options, he added. Domestic travel search rates jumped 50% in August compared to August 2019. Thailand leads Asia in tourist arrivals, although 2019 levels haven’t been achieved. Thais mainly booked hotel upgrades for secondary cities. Outbound search rates are approximately 50% lower than in August 2018. He said it depends on reopening big incoming markets like China, Hong Kong, and Japan. Asian countries still utilize face masks and may be hesitant to visit the U.S. and Europe. Thailand is one of the first Asian countries to recover from the Covivirus-19 outbreak, according to Agoda. Thai stimulus programs like “We Travel Together” have boosted domestic travel searches on Agoda. Omri Morgenshtern, CEO of Agoda, estimates…
Although they are less connected, Russians still desire to visit Thailand. Currently, travel to Lithuania, Latvia, Estonia, and Poland is prohibited for Russians. Russian tourists became the second-largest international source market for Phuket’s tourism industry in the years before the pandemic, contributing significantly to Thailand’s tourism revenue. Russian tourists will be flown into Thailand on chartered flights three times per week during the High Season thanks to the TAT’s collaboration with travel companies. As a result of several airlines suspending their Thailand-Russia services after Russian President Vladimir Putin attacked Ukraine in February, Russia’s access to the kingdom has decreased. On October 30, 2022, Aeroflot will resume operating daily nonstop flights between Russia and Phuket. This winter, Thailand is openly embracing travelers from the former Soviet Union, in contrast to numerous European nations that have imposed travel restrictions on Russia. Russians were the first to download Test & Go/Thailand Pass and…
Cambodian officials are exploring a new initiative for Thai border residents to boost tourism. Hor Sarun, Cambodia’s tourism minister, said Thai tourists visiting Angkor Wat will boost the country’s tourism. Near Siem Reap are the Angkor Wat temple and Angkor Archaeological Park, which has Khmer ruins. The increase in visitors is 560% more than the first half of 2022, but it’s only 22.5% of pre-epidemic passengers. Seven Thai provinces border Cambodia: Trat, Chanthaburi, Sa Kaeo, Buriram, Surin, Sisaket, and Ubon Ratchatani. Koh Kong, Pursat, Battambang, Pailin, Banteay Meanchey, Oddar Meanchey, and Preah Vihear border Thailand. Many Thais wish to visit the temple but lack passports. Thai people with a legal address in one of seven adjacent provinces need a border permit, not a passport, to enter Siem Reap. Over 740,000 tourists visited Cambodia between January and July, according to the Ministry of Tourism. Southeast Asia reopens and seeks tourists. The…
The DOE has collaborated with several businesses, including MBC Land, MK Restaurant Group, New Travel Lodge, and Surin Sugar, to generate jobs for the elderly, according to director-general Pairoj Chotikasathien. Labor Minister Suchart Chomklin stated on Monday that “the Department of Employment [DOE] has been charged with looking into the employment of people over the retirement age,” adding that 1,007 people over 60 had been given jobs in the 2021 fiscal year. He stated that 148 new posts, including barista, branch manager, customer support representatives, and cooks, had become available. To address Thailand’s aging population issue and to lessen social inequity, the labor ministry is providing jobs for elders. There are also 199 chances for self-employment, such as selling trees online and creating fortunate stone necklaces. He cited a recent poll of 9,408 senior citizens with the potential to work, finding that 76% of them preferred self-employment, 15% preferred full-time…
The Special Operation Division’s office in Nonthaburi Province, close to Bangkok, hosted the five-day training beginning on September 16. To take part in a role-playing shooting exercise, officers proceeded from the Nonthaburi office to the Crystal Ekkamai-Ramdra shopping complex on Pradit Manutham Road in Bangkok’s Bang Kruai district. The Royal Thai Police’s Commissioner General, Suwat Jangyodsuk, told the press that the training exercise went very well. He asserts that the exercise helped officers acquire experience working in a real setting with lots of people, like as a mall, and that it also increased public awareness of the value of knowing how to defend oneself in an emergency. Together, the police departments managed the situation until the hostage was released and the gunmen were captured. During the imaginary incident, officers worked on several techniques like the use of drones, mobile command and control operations centers, evacuation, sniper shooting, car investigation, explosive…
A woman offered us plastic bags for our clothes. Superb! Thailand.” Before returning to California, Rodriguez wrote Malee a letter. Thai and non-Thai TikTok users liked his videos. Malee’s appearance and raincoat were popular. Rodriguez’s video helped many individuals. Rodriguez thanked her and said he’d see her soon. A California blogger donated a Thai woman $100 (4,000 baht) during a rainstorm. She gave him a poncho. Rodriguez returned to Malee’s treatment on August 26. Rodriguez rewarded Malee with approximately 4,000 baht, even though the treatment only cost 199 baht. Chris Rodriguez from California released a TikTok video of a Thai woman he met near Bangkok’s Chinatown with the remark “Thai folks are the best.” Rodriguez tweeted a video of himself giving Malee a gift on September 5. In the video, Rodriguez gives Malee a new store sign. Malee runs a Mung Ming shop on Yaowarat Road. Mung Ming is a…