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THAI.NEWS - Thailand Breaking News

Krungsri and Klook Revolutionize Travel: Merging Fintech and Adventure for Thai Tourists

Imagine a world where your dream vacation unfolds with the click of a button, where travel experiences are curated just for you, and where finances and fun go hand-in-hand. This utopia is no fantasy, thanks to an innovative alliance between Krungsri (Bank of Ayudhya PCL) and Klook, Asia’s pre-eminent travel service platform. Both stalwarts join forces, bridging the gap between finance and adventure, and revolutionizing the tourism industry for countless Thai wanderlust seekers. Let me paint a picture for you — on a sunny afternoon, you’re scrolling through your phone, and you stumble upon the perfect weekend escapade. With an effortless tap, this dream retreat is transformed into a tangible reality. This seamless transition from imagination to actualization is the heart of the collaboration between Krungsri and Klook. Not your average corporate handshake, this partnership is a beacon of innovation and synergy. Krungsri, a member of the venerated Mitsubishi UFJ…

Bangkok’s Frozen Pork Scandal: DSI Raids Reveal Political Ties and Black Market Maze

The intriguing tale of a colossal pork-smuggling operation unraveled as Pol Maj Gen Nathapol Ditsayatham and his committed DSI team raided two icy repositories in Nakhon Pathom this past December—a moment immortalized on the Department of Special Investigation’s Facebook page. They stood amidst frozen towers of illicit pork, the chilly air hanging thick with the anticipation of unraveling a case that could only be described as a thick-cut saga. Beneath the shroud of sub-zero temperatures and amidst the frost-covered evidence, an arrest warrant loomed over four individuals, including a half-sibling of a notable name in the political arena. The Criminal Court, armed with the DSI’s meticulous legwork, sanctioned the warrants on counts of skirting tax laws, flouting Customs Act regulations, laundering money, among other offenses. With Thursday dawn breaking, DSI officers embarked on a calculated siege of five spots peppered across Bangkok. Their objective: to pinch the evidence and seize…

Minor International Shines: Soaring Hotel Occupancy Signals Stock Revaluation

Imagine finding a treasure trove amidst a clutter of rocks. For the perspicacious investor, that’s what Minor International Public Company Limited (MINT) resembles in today’s market—a gem cloaked by superficial undervaluation. Despite analysts’ sonorous acclaim regarding its robust core and incandescent growth projections, MINT’s stock whispers the enticing enigma of being undervalued. But it’s more than just whispers; there is tangible evidence where the rubber met the road in December: a triumphant cutback in the company’s debt, thanks to a torrent of operational cash flow that rode the financial tide to rarefied heights. At the financial helm steering MINT with unwavering confidence is Chaiyapat Paitoon, the company’s maestro of money, its Chief Financial Officer. Paitoon is jazzed about the company’s trajectory, with kudos to the stalwart hotels holding the fort in Europe and the Land of Smiles—Thailand. The details sing a rhapsody: over 133 million euros harvested from European business…

Generali and TISCO Group Form Alliance: Revolutionizing Financial Security with Innovative Insurance in Thailand

Imagine a world where financial security isn’t just a distant dream but a vivid reality, especially for those navigating the often choppy waters of hire purchase and auto title loans. Generali Life Assurance (Thailand) and TISCO Group have come together in a riveting exclusive partnership that has the financial world buzzing with anticipation. What’s on the horizon? A suite of life insurance solutions designed to shield customers from financial uncertainty and catapult them towards stability, no matter what life throws their way. Step into the forefront of this financial revolution, Mr. Arsh Kaumi, the maestro at the helm of Generali Thailand. Embodying the roles of Country Manager and CEO with aplomb, Arsh Kaumi has announced this strategic alliance with TISCO Group, fuelled by a shared vision that places the customer right where they belong—at the very heart of it all. Arsh comments with palpable excitement, “Embarking on this journey alongside…

Thailand Bolsters Investment Opportunities with UOB-BOI Partnership MOU

In the vibrant heart of Southeast Asia, an alliance has been forged to bolster Thailand’s reputation as an investment oasis. With the flourish of pens and exchange of handshakes, Mr. Sam Cheong, the astute Managing Director and Head of the Foreign Investment Advisory Unit at UOB; Mr. Tan Choon Hin, the illustrious President and CEO of UOB Thailand; alongside the avid visionary Mr. Narit Therdsteerasukdi, the Secretary-General of the Thailand Board of Investment (BOI); and the strategic architect Miss Patcharada Nawakawongkarn, Director of Thailand Enterprise Development Division (BOI), convened for a momentous MOU signing ceremony. The stage was set to herald a new era of economic dynamism as UOB Thailand and BOI clasped hands to champion new investments in Thailand and parade UOB’s key markets onto the world stage. The crisp morning of January 11, 2024, bore witness to a pioneering Memorandum of Understanding (MOU) between the Thailand Board of…

Revolutionizing Security: How RecFaces’ Facial Recognition Is Protecting Urban Centers

Welcome to the future, where your face is the key to everything and privacy is a paramount treasure. The technological titans at RecFaces have crafted a potent alchemy of innovation and security, spinning threads of code into virtual shields that guard the bustling nerve centers of our urban landscapes. In the sprawling metropolises dotting Asia-Pacific vistas, amongst the rhythmic samba beats of South America, and within the sun-kissed dunes of the Middle East, Facial Recognition technology has become the sentinel of choice at airports and subways. This isn’t your run-of-the-mill tech; oh no – we’re talking about wizardry that shakes hands with Pelco’s VideoXpert video management system, a synergy that doesn’t just add security but multiplies it, concocting a real-time fortress around every corner. The chameleon-like adaptability of these systems ensures breezy implementation paired with fortress-tight security for businesses large and small, ready to stand guard over staff, baronial office…

Thailand’s Innovation Vision Unveiled: Minister Supamas Charts Course for a High-Tech Future at Samyan Mitrtown Event

On a balmy January day in 2024, nestled within the pulsing heart of Bangkok, the Samyan Mitrtown Complex became a beacon of innovation and promise for Thailand’s future. It was here that H.E. Minister Supamas Isarabhakdi, a titan of thought in the realms of education and innovation, stepped up to the podium at the “Future Thailand” extravaganza, casting a vision that shimmered with as much hope as the city’s own Chao Phraya River at sunset. This high-powered event saw over 800 luminaries—from university bigwigs to trailblazing researchers—converge to stitch together a tapestry of ideas for Thailand’s forward march in science and technology. With a grace that belied the weight of her office, Minister Supamas unfurled the tapestry of her first quarter at the helm—policy weaves that were as intricate as they were impactful. From granting students a financial reprieve on university admission fees to firing the THEOS-2 Satellite into the…

Bangkok Resilience: New JN.1 Covid Strain’s Impact on Thailand’s Health Landscape

Amidst the bustling streets of Bangkok, an atmosphere of cautious optimism brews, as the latest chapter in the ongoing saga of Covid-19 unfolds. In a scene echoing the resilience of humanity, a woman confidently extends her arm, receiving the life-saving jab of a Covid-19 vaccine within the urban heart of Saphan Sung district. Captured in a poignant snapshot by photographer Somchai Poomlard, this April 2023 moment encapsulates the spirit of a city—and indeed a nation—undaunted by the pandemic’s challenge. Renowned virologist Yong Poovorawan has become something of a household name, and his latest report has kept the country abuzz with conversations. The JN.1 strain of Covid-19, a crafty invader known for its swift spread yet mercifully gentler symptoms, has clinched the unwelcome title of Thailand’s predominant strain. Originating from the United States, this strain has displayed a propensity to outpace its viral kin, a detail Prof Yong shared with the…

Finland Berry Corruption Scandal: Thai Labour Ministry Officials Charged in Multimillion Baht Scheme

Imagine trekking through the lush forests of Finland, where the air is crisp, and the sound of nature serenades your every step. Now picture this – among the tall trees and under the watchful gaze of the Nordic sky, two diligent Thai workers are carefully collecting berries, their hands moving with a practiced grace. This serene scene, captured in a stunning photograph courtesy of the Ministry of Labour, is the idyllic backdrop to a rather less picturesque tale of alleged corruption and high-stakes intrigue that has recently unraveled back in Thailand. The Department of Special Investigation, DSI for short, has thrown a veritable thunderbolt into the tranquil waters of the Finnish forest with its announcement on Thursday. In a twist worthy of a Nordic noir thriller, they’ve vowed to press charges against a duo of former ministers and a pair of high-level Ministry of Labour officials. The crime? An audacious…