Myrex (Thailand), a dominant force in the global cookware and bakeware arena, is making a grand re-entry into the 35-billion-baht kitchenware domain with its two avant-garde stainless steel collections—the White Steel Series and the Luna Series. This is a significant comeback for the company into the stainless steel segment after a hiatus of 25 long years. With this audacious launch, Myrex aspires to notch up a 15% sales boost by the close of 2024, casting its net wide to allure home cooking aficionados spanning every generation. Joseph Lo, the astute General Manager and Director of Meyer Industry Limited and Myrex (Thailand), divulged the company’s strategic roadmap to fortify its stature as a preeminent pioneer in cookware technology. Nestled in Thailand’s bustling Laem Chabang Industrial Estate, Myrex boasts an impressive production prowess of crafting over 150,000 pieces each day. 2023 painted a rosy picture for the company with a staggering 30%…
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Get ready to celebrate 40 years of River City Bangkok with an extraordinary showcase of art, antiques, and a multitude of exhibitions! River City Bangkok was founded on December 1, 1984, by Mr. Adisorn Charanachitta (1952 – 2003), a former executive of The Oriental Hotel (now The Mandarin Oriental Hotel Bangkok) and Italthai (now the Italthai Group). Situated along a picturesque curve (aka the dragon’s belly) of the Chao Phraya River, River City Bangkok (originally known as River City) emerged as the first shopping centre on the river’s banks, renowned for its exquisite collection of rare antiques from around the globe. This iconic destination quickly became a haven for collectors, both local and international, who traveled far and wide to acquire the treasured pieces they had long sought after. In 2017, Ms. Linda Cheng took on the role of Managing Director at River City Bangkok with a visionary goal: to…
With an air of solemn dignity, Gen Songwit Noonphakdi, the commander-in-chief of the Royal Thai Armed Forces, presided over a poignant send-off ceremony for a dedicated contingent of military engineers set to embark on a United Nations peacekeeping mission in South Sudan. The event was enveloped in a sense of purpose and national pride, marking the departure of 273 highly trained engineers who will lend their expertise to the United Nations Mission in South Sudan (UNMISS) starting this Sunday. In an elaborate ceremony that spoke volumes about Thailand’s commitment to global peace, Gen Songwit lauded the efforts of these individuals, who form the fifth group of military personnel dispatched for this noble cause. Among them are 256 soldiers from the esteemed Royal Thai Army, including 28 trailblazing female military personnel, demonstrating inclusivity and the progressive stance of the Thai Armed Forces. Additionally, 17 other military experts will join this vibrant…
Amid a buzz of activity, job seekers flocked to ‘Job Expo Thailand 2024’ at the Queen Sirikit National Convention Center on June 28, 2024. This highly anticipated event was a hub of opportunity, networking, and aspirations, with the backdrop of some encouraging news on the employment front. (Photo: Somchai Poomlard) Thailand’s overall unemployment rate has seen a notable drop from May to June, although there remains cause for concern in Bangkok. According to a fresh survey conducted by the National Statistical Office (NSO), the number of unemployed individuals decreased to approximately 379,000 in June, down from around 482,000 in May. The comprehensive survey canvassed the working-age population of 59.19 million people aged 15 and older. Out of this, 40 million individuals were found capable of working in the formal sector, while the rest, such as the disabled, were excluded from this category. Encouraging trends emerge when examining specific age groups.…
Photo: Varuth Hirunyatheb In a bold move to attract more global visitors, the Pakistani government has announced a game-changing alteration to its visa policy. Effective immediately, travelers from 126 countries, including Thailand, will enjoy waived visa fees when visiting Pakistan. This exciting new policy, which took effect on Wednesday, aims to simplify the process and make Pakistan a more enticing destination for both tourists and business investors. Previously, Thai passport holders had to shell out 1,300 baht for a tourist visa and 1,950 baht for a business visa. Additionally, they were limited to a maximum stay of 30 days. With the new regulations, the burdensome visa fees tied to the e-visa system are lifted, and the permissible stay period is generously extended to an impressive 90 days. The Pakistani government is optimistic that this visa policy overhaul will act as a magnet, drawing in tourists eager to explore the country’s…
Chiang Mai: An unexpected jolt shook the serene Mae On district yesterday morning as a 3.4-magnitude earthquake rattled the area. The Royal Irrigation Operation (RIO) quickly sprang into action to inspect two key reservoirs close to the quake’s epicenter, aiming to ensure their structural stability during this geological hiccup. RIO director Keaurkul Manasamphankul led the charge, tasking the Maintenance Department with meticulously assessing any potential damage to the Mae On and Mae Takhrai reservoirs located in the bustling tambon Mae Tha. To everyone’s relief, the inspection crew found both reservoirs unscathed with their structural integrity completely intact. “We’re pleased to report that neither reservoir sustained damage,” Mr. Keaurkul said, catching a collective sigh of relief from the local community. The earthquake, recorded at a modest 3.4 magnitude, made its presence known at exactly 1:33 am, shaking the ground about a kilometer beneath the surface for a swift five seconds. Despite…
The Provincial Electricity Authority (PEA) recently celebrated a groundbreaking milestone with the launch of its inaugural sustainability bond, marking a significant leap towards its dedication to green finance. On a bustling Tuesday, PEA governor Supachai Ek-Un convened a press conference at the PEA headquarters, flanked by representatives from the Public Debt Management Office (PDMO), Asian Development Bank (ADB), Bangkok Bank, DNV (Thailand), and the Thai Bond Market Association, to unveil the triumphant results of their bond offering. Governor Supachai Ek-Un proudly announced that the one-billion-baht bond features a five-year maturity with a fixed-coupon repayment at an attractive 2.67% per annum. With PDMO acting as the financial facilitator and Bangkok Bank stepping in as the underwriter, the bond’s financial structuring showcased impeccable synergy. The funds raised are earmarked for two pivotal projects: the extension of the submarine cable to the picturesque island of Koh Tao in Surat Thani and the revolutionary…
The unexpected dismissal of Srettha Thavisin from his prime ministerial role has cast a long shadow over the well-publicized digital wallet initiative, throwing its future into a vortex of uncertainty. Mixed messages are emanating from the ruling Pheu Thai Party and the caretaker cabinet, leaving the populace to wonder about the flagship policy’s fate. Meanwhile, those who eagerly registered for the 10,000-baht digital handout are now grappling with the fear that their personal data might be stolen or misused. The hammer came down on Mr. Srettha on Wednesday. A ruling from the Constitutional Court not only ended his tenure but also dismantled the entire cabinet, reducing ministers to mere caretakers. Now, the digital wallet’s fate hinges on the new administration, with the Pheu Thai Party advocating for either Paetongtarn Shinawatra or former justice minister Chaikasem Nitisiri to step into Srettha’s shoes. Deputy Finance Minister Julapun Amornvivat attempted to shed some…
The National Health Security Office (NHSO) has flatly dismissed a plan proposed by a coalition of hospitals to allow patients under the universal healthcare scheme to pay extra for enhanced medical treatments. Last month, this network, which includes the University Hospital Network, sought intervention from Public Health Minister Somsak Thepsutin, flagging the universal healthcare scheme’s dwindling budget as a looming crisis. Fearing that the scheme was teetering on the edge of financial collapse, the hospitals suggested a pragmatic solution: enabling patients who can afford it to pay more for better treatment options. Sounds reasonable, right? Not according to the NHSO, which swiftly nixed the idea. The universal healthcare scheme, which has been a lifeline for millions since its inception in 2002, was built on a simple, albeit lofty, principle—free medical treatment for all Thais. To curb unnecessary dentist chair warmers and hospital bed occupiers, a national committee decreed the introduction…
Thailand’s unemployment rate has largely seen a positive shift from May to June, with the notable exception of its bustling heart, Bangkok. According to a comprehensive survey by the esteemed National Statistical Office (NSO), the number of unemployed individuals dropped to an estimated 379,000 in June, down significantly from approximately 482,000 in the previous month. This survey provided a detailed scope on the working-age population, encompassing 59.19 million people aged 15 and older. Diving deeper into the statistics, the survey revealed that out of the working-age populace, a substantial 40 million were gainfully employed within the formal sector. The remaining portion of the population, which includes individuals with disabilities, contributed to the non-working demographic. The age group of 15 to 24 experienced a noteworthy plunge in their unemployment rate, dropping from a concerning 7% in May to a more palatable 5.1% in June. Meanwhile, the age group of 25 and…