Prepare to set your sails on a turbulent sea of global economics, where the acute intellect of Assoc Prof Aat Pisanwanich serves as our trusted compass. This international economics scholar has sounded an alarm that ripples through the commerce waters: the potential peril looming over the world’s essential shipping route—the Suez Canal. Dive into the numbers, and you’ll come up for air astounded: a dizzying 15% of the world’s shipping traffic slices through this canal, a lifeline of the multi-trillion-dollar maritime trade. Picture this: $25 trillion in global trade a year, with a staggering $3 trillion gyrating through this narrow Egyptian waterway, the beating heart connecting Europe to Asia with the pulse of prosperity. Now, focus your gaze on Thailand, a budding titan among the market’s elite, whose exports to 15 Middle Eastern states and 27 European Union countries – Britain bowing out of this market match – hit a…
THAI.NEWS - Thailand Breaking News
Welcome to a revelation by the gurus of number-crunching at the University of the Thai Chamber of Commerce (UTCC), which has dived into the thrills and frills of Thailand’s festive spending spree! Buckle up, for this isn’t just any humdrum study; it’s the heartbeat of 1,258 vibrant souls across Thailand’s picturesque landscapes, who opened the books on their wallets and whispered to us their festive spending confessions for the impending celebration season! Gird your loins, my fabulous financial aficionados, for we’re about to cartwheel into a pool of 105 billion baht in festive splendor! This isn’t just pocket change rumbling in the piggy bank; it’s a wallet-whopping 2.8% climb from yesteryear — the kind of jump that hasn’t been seen since that pesky pandemic put our party plans on pox-alert back in the fabulous, yet faraway, 2020! Let’s tip our hats to Prof Thanavath Phonvichai, the big cheese at UTCC…
Imagine a golden age in the Land of Smiles, where longevity isn’t just a dream, but an everyday reality. In Thailand, this scenario isn’t a page from a sci-fi novel – it’s the future unfolding before our eyes as the nation gracefully transitions into an aged society. A staggering 20% and counting of the Thai population are enjoying their sixth decade of life and beyond, painting the demographic landscape with wisdom and experience. In the bustling heart of Bangkok, a press conference unfurls like a blooming lotus. The ever-dynamic Deputy Dean of Siriraj’s Medical Services Mission, Visit Vamvanij, alongside a consortium of gastronomical giants known as Minor Food, stands before an eager audience. They unravel their bold roadmap for the geriatric renaissance, announcing a beacon of hope – the Siriraj Academic Centre of Geriatric Medicine. Here, in the tranquil corners of Samut Sakhon province, nine verdant acres destined for a…
Imagine cruising down the streets of vibrant Thailand in your sleek eco-car, the hum of the engine softly accompanying the rhythmic buzz of city life. Well, guess what? That fantasy just got an extension! The Thai government, in a visionary move, has decided to put a bit more time on the clock for eco-car manufacturers, keeping in mind their grand plans to rev up towards a cleaner, all-electric future. The whole scene was starting to look like a muddy track for eco-car producers, with COVID-19 throwing a wrench in the works and a pesky semiconductor shortage tripping them up. So, our friends at the National Electric Vehicle Policy Board, let’s call them the ‘EV Wizards’, took up their crystal balls and delved into the automotive market’s tea leaves. Lo and behold, they unearthed quite the revelation—the tax cut on eco-cars is like a magic potion that needs a little more…
Imagine the sky, usually so clear and blue above the scenic beauty of Southern Thailand, now mustering a battalion of clouds heavy with promise—a tumult of potential rains, ready to unleash a symphony of droplets upon the land. The auspices come from none other than the esteemed sentinels at the Hydro-Informatics Institute, who, this past Friday, issued a clarion call for attention and care to the people of a constellation of provinces beneath these gathering skies. For those residing or venturing through Surat Thani, Nakhon Si Thammarat, Phatthalung, or the enigmatic realms of Songkhla, Trang, Satun, Pattani, Yala, and Narathiwat, the heavens plan to regale you with a deluge, according to this prognostication. A cascade of rains, slated to display its aquatic sonnet from the heavens’ amphitheater, has the local populace casting glances upwards with a mixture of wonder and concern. A ballet of tumultuous waves, predicted to be 2-4…
Imagine stepping into a world where fiscal management isn’t just a by-the-numbers game, but a thriving spectacle of economic strategy. This is the world as seen through the eyes of Jindarat Viriyataveekul, the knowledgeable spokeswoman for The Office, who on an auspicious Thursday unveiled the expectations of the revered rating agency, R&I, regarding the fiscally savvy Thai government. Jindarat enchanted an audience with tales of a government that doesn’t merely juggle numbers but performs a fiscal ballet within the grand theater of the Fiscal Responsibility Act. The plot of Thailand’s economic narrative in 2024, as narrated by Jindarat, is underpinned by the vigor of private consumption and the magnetism of its booming tourism sector. She painted a picture of an economy with its sails catching the robust winds of direct foreign investments, especially in sectors buzzing with innovation – electrical, electronic, and automotive. But wait, she cautioned – not all…
Imagine the jubilant scenes as the halls of power vibrated with an almost palpable enthusiasm; the air was thick with the sweet scent of progress. Indeed, at the most recent convening of the House of Representatives – think a veritable hive of legislative prowess – the support for the rights of same-sex couples was nothing short of extraordinary. An overwhelming majority of our esteemed lawmakers, 360 brave souls to be precise, cast their votes in a resounding ‘yes’, while a mere 10 cast their votes in opposition, with a lone lawmaker in a pensive mode of abstention. What a day it was! The topic du jour was no ordinary legislation; this was a suite of four bills, each with the same heartbeat: to champion the cause of same-sex marriage. The architects of these revolutionary pieces of legal artistry were a diverse bunch—from the Cabinet, the forward-thinking Move Forward and Democrat…
Pack your bags with excitement and head down to the heart of Muang district, where an electric atmosphere ignites the night sky! Prepare yourself for an experience that’s nothing short of dazzling – a festive extravaganza that’s the talk of the town. Get your groove on, as the square in front of the city hall has transformed into an epicenter of joyous revelry, all for you! Imagine the sheer delight for both munchkins and the forever young at heart as the Tourism Authority of Thailand unveils an immense Ferris wheel, reaching for the stars. But it’s not about the height; it’s about the ride! Go round and round on fairground classics that promise to whirl you through the night, leaving you giggling with glee! But hold your breath, for there’s yet more enchantment awaiting you a mere hour and a half away. Venture to the Flora Park in the serene…
Picture this: a serene evening at Bandon Bay in Surat Thani province, where the calm waters are about to greet a 114.93-tonne maritime chariot, the ‘T. Sandee Maneethup 111’. It’s 10pm on Thursday, a bustling time at the pier as enthusiastic souls embark on a nocturnal voyage to the illustrious Koh Tao—a gem nestled 110 km offshore, within the embrace of the Koh Pha Ngan district. The anticipation is tangible, with the ferry scheduled for a grand reveal on the shores of Koh Tao at the break of dawn on Friday. However, the sea, in its majestic unpredictability, had a different tale in store. Local officials recount how the ferry, braving the open waters, was confronted by towering waves reaching the formidable height of about 3 meters. These aquatic giants bore down upon the vessel, allowing sea water to cascade into its hull with unforgiving force, wreaking havoc on the…
Welcome to the thrilling world of financial emancipation, where numbers and negotiations dance a delicate ballet to restore hope to beleaguered souls drowning in debt. Not all heroes wear capes—some come bearing calculators and legal pads. Picture this: As the year 2023 came to a close, an audacious number of 1,294 valiant souls gallantly stepped into the coliseum of debt mediation, facilitated by the unsung heroes of local governance. Against all odds, 224 debtors emerged victorious, clutching agreements with their creditors. Together, they pledged a rebirth of their financial integrity by promising to repay an impressive 44 million baht, a sum which gleamed even brighter against the backdrop of its once towering predecessor of 133.5 million baht. Applause greeted them as they carved a whopping 89.5 million baht from their monumental debt mountain, courtesy of spokesperson Chai’s report. Let’s zoom into Nakhon Sawan province, the epicenter of these monetary gladiators,…