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THAI.NEWS - Thailand Breaking News

Thammarong Phromprasit Fatally Attacked in Shocking Pattani Gun Assault

Police and security officers meticulously examined the site of a tragic gun attack that took place on a peaceful local road in Nong Chik district, within the heart of Pattani province, on a somber Thursday morning. (Photo: Abdullah Benjakat) PATTANI: In a shocking turn of events, a hardworking employee of a local administration organization was brutally killed in a gun attack along a road in Nong Chik district early Thursday. The fatal assault transpired on the secluded road of Village Moo 1 in tambon Kholotanyang, as per the broadcast from Nong Chik police station’s radio center. The distressing incident was documented at approximately 7:25 am. Upon their arrival at the grim scene, police officers discovered the lifeless body of Thammarong Phromprasit, aged 43, lying tragically near his toppled motorcycle. Mr. Phromprasit was a valued employee of the Kolotanyong tambon administration organization (TAO). Initial police investigations indicate that the unfortunate victim…

Bangkok to Beijing: The Thrilling New Train Adventure Transforming Travel and Trade

Picture this: Passengers eagerly awaiting their adventure at the bustling Bang Sue station in Bangkok. The atmosphere is electric with anticipation, as everyone is eager to board a train that promises not just a journey, but a thrilling experience. (Photo: Varuth Hirunyatheb) In an astounding leap towards enhanced connectivity, train travel between Bangkok and Beijing is becoming tantalizingly within reach. As Thailand edges closer to expanding its rail network, the excitement is palpable. The State Railway of Thailand (SRT) has revealed plans to trial a service between Bangkok and Vientiane, the capital of Laos, on July 13 and 14. According to Ekarat Sriarayanphong, an official at the railway agency, this new link will transform transportation between the two nations and extend all the way to China. Can you feel the anticipation building? The Thailand-Laos connection isn’t just a new route; it’s an adventure waiting to unfold! Imagine traveling from the…

Alliance Laundry Systems Celebrates Five Years in Thailand with Sustainable Growth

Alliance Laundry Systems (ALS), the world’s premier commercial laundry manufacturer, recently celebrated a remarkable milestone—its five-year anniversary of its Manufacturing Plant in vibrant Thailand. The joyous event saw the participation of ALS’s top brass, including CEO Michael Schoeb, COO International Jan Vleugels, and Managing Director of Alliance Laundry Thailand, Benjamin Dobbs, who offered invaluable insights into the company’s incredible journey, ambitious expansion plans, and steadfast commitment to sustainability. With a legacy spanning over a century, Alliance Laundry Systems has firmly established a global footprint, delivering exceptional quality and reliability in over 150 countries. “Our unwavering commitment to quality and relentless innovation has been the bedrock of our success,” remarked CEO Michael Schoeb. “Our products are synonymous with excellence, designed for professional operators to ensure unmatched reliability, longevity, and efficiency.” Recognizing the imperative of environmental stewardship, Alliance Laundry Systems has woven sustainability into its operational fabric. “Sustainability is an elemental principle…

Double A to Launch 2.5 Billion Baht Bonds with Attractive Interest Rates in July 2024

Double A is gearing up to roll out bonds 1/2024, valued at a substantial 2.5 billion baht, with subscription windows open from 1-4 July 2024. Known for its robust performance, Double A has earned a BBB (Stable) rating from TRIS Rating, underscoring the business’s solid foundation. Double A (1991) Public Company Limited is set to bring these bonds to the public (PO). The first series boasts a 3-year and 9-month term, maturing in 2028, with a fixed annual interest rate of 4.95%. Meanwhile, the second series extends over a 7-year term, maturing in 2031, featuring a fixed annual interest rate of 5.80%. Investors will enjoy interest payments every three months throughout the bond period. The minimum subscription is pegged at 100,000 baht, with increments of the same amount, capping the total offering at 2.5 billion baht. The primary goal of issuing these bonds is to refinance maturing ones. Remarkably, Double…

Historic Rice Auction: 7 Bidders Compete for 15,000 Tonnes from Yingluck Era

In a riveting turn of events, seven ambitious bidders have successfully qualified to participate in an exciting auction for 15,000 tonnes of rice leftover from the Yingluck Shinawatra administration’s famed rice-pledging scheme. Deputy Prime Minister and Commerce Minister Phumtham Wechayachai has confirmed that this highly-anticipated auction, involving the last vestiges of a decade-old stockpile, will proceed as planned next Monday. The buzz around the auction has been palpable, with eight companies eagerly throwing their hats into the ring, submitting the necessary documents to prove their qualifications earlier this week. After rigorous screening, seven resilient contenders emerged victorious, gaining the green light to place their bids. The stage is set for a competitive showdown, with bids being accepted from 9 AM until noon and victors expected to be announced on June 21. This intriguing drama unfolds against the backdrop of the storied Kittichai and Poolphol warehouses in the enchanting province of…

Sepo’s Tibordee Wattanakul Leads Efforts to Optimize Thailand’s 400 Billion Baht State-Owned Securities

The State Enterprise Policy Office (Sepo) is taking robust steps to optimize its portfolio of state-owned securities, both listed and unlisted, boasting a staggering collective value of over 400 billion baht. Under the astute leadership of Tibordee Wattanakul, Sepo’s director-general, the office is poised to form a dedicated committee tasked with the efficient management of these assets. Currently, Sepo oversees more than 100 diverse securities. These assets have a heterogeneous origin, with some acquired through former government strategies and others obtained via legal channels, having been awarded to the state by court rulings. Historically, the disposal of these securities has been sluggish, primarily due to ambiguous protocols, particularly for non-listed assets that lack a market reference price. The new panel’s mission is to devise a cohesive strategy for managing state-held securities, weighing the options of retention versus liquidation, all with the overarching goal of maximizing public benefits. At present, the…

Samruay and Amornsiri Arrested in Major 125 Million Baht Cryptocurrency Scam

A thrilling turn of events unfolded when a couple found themselves in hot water for their involvement in a notorious cryptocurrency scam. The duo, known only by their first names, Samruay and his wife Amornsiri, both 29, have been apprehended, accused of opening proxy bank accounts for a shady investment gang operating within the convoluted world of digital currencies. The Cyber Crime Investigation Bureau made waves when they announced the arrest, which took place in Nakhon Ratchasima. The couple now faces severe charges including collusion to commit fraud, importing false information into the computer system, and money laundering. Quite the laundry list of offenses, one might say! What’s fascinating, or perhaps terrifying, is the couple’s confession to their role in the scheme. They admitted to being compensated a mere 5,000 baht each—roughly the cost of a couple of fancy dinners—to open bank accounts that would receive funds siphoned from unknowing…

Supreme Court Upholds MRTA in Orange Line Dispute Against BTSC: Project Moves Forward

The Supreme Administrative Court has turned down a lawsuit filed by Bangkok Mass Transit System Plc (BTSC) against the Mass Rapid Transit Authority of Thailand (MRTA) and its bidding committee. The dispute stemmed from revisions made to the terms of reference (ToR) for the Orange Line’s western extension, stretching from the Thailand Cultural Centre to Bang Khun Non. In upholding the Central Administrative Court’s decision in favor of the MRTA, the Supreme Administrative Court concluded that the adjustments made to the ToR in 2022 were lawful and aimed at ensuring competent private companies could handle the project. BTSC had accused the MRTA and its committee of manipulating the ToR to favor a particular bidder, but the court found no merit in these allegations. The court emphasized that the defendants adhered to the law on public-private partnership (PPP) investments without any vested interests. The ToR changes, they asserted, were both necessary…

Prime Minister Srettha Thavisin’s Vision to Transform Lamphun and Nan into Top Tourist Destinations

Prime Minister Srettha Thavisin took center stage at Government House on Tuesday, delivering an inspiring and forward-thinking speech that has everyone talking. Speaking to a room filled with representatives of the hospitality industry and tourism-related businesses, Mr. Srettha revealed a bold vision that could transform some of Thailand’s hidden gems into top travel destinations. In a move sure to excite culture enthusiasts and history buffs, the Prime Minister announced his support for turning the charming city of Lamphun into a city of museums. This concept, which originated from the younger generation in Lamphun, aims to spotlight the rich cultural heritage of this northern province. It’s an innovative idea that promises to breathe new life into the area, making it a must-visit for both local and international tourists. But that’s not all. Mr. Srettha also highlighted his aspirations to elevate Nan province to UNESCO World Heritage status. Given its historical ties…

Prime Minister Srettha Thavisin Quashes Rumors of Kittiratt Na-Ranong’s Bid for Bank of Thailand Chairmanship

Prime Minister Srettha Thavisin recently addressed business representatives at Government House, where he emphasized a crucial clarification regarding his top adviser, Kittiratt Na-Ranong. The media had been abuzz with speculation that Kittiratt might be in the running for the coveted position at the helm of the Bank of Thailand (BoT), a role currently occupied by Porametee Vimolsiri until September 2025. However, Srettha promptly quashed these rumors, stating unequivocally that Kittiratt is ineligible to vie for the BoT chairmanship. Delving into the intricacies of Thailand’s financial governance, Srettha explained that Kittiratt’s current role as chief adviser precludes him from even considering a bid for the BoT’s top seat unless he steps down for a minimum of one year. This revelation follows reports that Supawut Saichua, a former adviser to the ruling Pheu Thai Party, was also a potential candidate for the BoT chairmanship. The stakes around these appointments are high. Should…