Gulf Binance, a dynamic collaboration between Binance Capital Management Co., Ltd., a full-fledged subsidiary of Binance—the world’s leading cryptocurrency trading platform by volume—and Gulf Innova Co., Ltd., is setting new standards in inclusive financial access with the unveiling of its KYC Foreigner feature. This innovative addition elevates the digital asset investment game for foreign investors on the Binance TH by Gulf Binance platform, renowned for offering the most extensive range of trading pairs in Thailand. Commencing on 14 August, expatriates can seamlessly complete their authentication process using this trailblazing feature. Thailand has witnessed a boom in its expatriate population, swelling to approximately two million by 2023. The Thai government’s forward-thinking long-term resident visa policy, which allows expatriates to live and work in Thailand for up to 10 years, is strategically designed to attract even more international talent. The allure of attractive salaries coupled with a relatively low cost of living…
THAI.NEWS - Thailand Breaking News
Police gathered at the Pak Khlong Rangsit police station in Pathum Thani for an intense briefing on a high-profile robbery investigation this past Thursday. (Photo Pathum Thani Facebook page) The authorities are fervently pursuing four Chinese nationals who executed a brazen home invasion at a luxury residence in Pathum Thani. The bold criminals coerced their Chinese victim to transfer a staggering $2 million—equivalent to 70 million baht—in digital currency. The shocking event unfolded in the wee hours of Wednesday, around 2 am, at a house located in tambon Ban Mai, Muang district. In total, six individuals were present at the residence: three men and three women, according to police reports. Ke Jibao, a 35-year-old Chinese businessman and one of the victims, recounted the harrowing night. He and his wife were in the sanctuary of their bedroom when their world was violently shattered. Four masked intruders, each brandishing both guns and…
KONE, a global leader in the elevator and escalator industry, has recently announced the appointment of Penpisith Chunprom as the Managing Director for Thailand, starting July 2024. Penpisith steps into this vital role, taking the reins from Edward Loy, who will continue his influential position as the Managing Director for Southeast Asia. From his base in Bangkok, Penpisith will spearhead KONE’s operations in Thailand, emphasizing the strategic and commercial goals that extend to the region’s emerging markets, including Cambodia, Myanmar, and Laos. “Penpisith rejoined KONE in 2022 as our Head of New Building Solutions Sales for Thailand. He has undeniably elevated our culture of customer centricity, ensuring we showcase the best of our talent and capabilities. This appointment is a strong testament to Penpisith’s tenacity and growth mindset. It underscores our commitment to nurturing local management and talent within Southeast Asia. I’m thrilled about Penpisith taking on this new challenge…
On Thursday, the picturesque province of Chiang Rai in northern Thailand found itself grappling with an extraordinary deluge. It was as if the skies had conspired with the rivers to turn serene streets into rushing waterways. The Sai and Chan rivers, usually dependable mainstays of the landscape, decided to break free, inundating several communities and bustling markets all the way to the Myanmar border. The Government Public Relations Department (PRD) reported that the fierce overflow began in Mae Sai district, with the Sai River spilling its banks for the second day in a row. This was an event of a magnitude that was both jaw-dropping and heart-wrenching. Communities many residents call home, and markets where vendors peddle their goods, were submerged under torrents of water that seemed unyielding. Among the notable casualties was the Sai Lom Joy Walking Street, a popular hub that usually bustles with life. On this beleaguered…
Key Info Name: Kunlavut Vitidsarn Nickname: “View” Born: 11 May 2001 Height: 1.77 m Nationality: Thai Known for: Thai badminton athlete Instagram: @kunlavut.v The 2024 Paris Olympic Match Highlights On the 5th of August, 2024, Kunlavut Vitidsarn, affectionately known as “View,” etched his name into Thai sports history with a scintillating performance at the 2024 Paris Olympics. At just 23-years-old, View clinched the silver medal in the men’s singles category, an incredible achievement that marked Thailand’s first medal at this year’s Games. The nation rejoiced as their young badminton prodigy ascended the podium, basking in well-deserved glory. The electrifying finals saw View lock horns with Denmark’s Viktor Axelsen, the reigning gold medalist from the 2020 Tokyo Olympics. The match, a gripping 52-minute duel, concluded with scores of 21-11 and 21-11. Despite the fierce competition, View stood tall, securing the silver and earning accolades from his countrymen who hailed his phenomenal…
Natthaphong Ruengpanyawut, the dynamic leader of the People’s Party, a political force that’s been making waves left, right, and center, has thrown another curveball. (Photo: Bloomberg) Standing tall and undeterred, Natthaphong declared on Thursday that the People’s Party would hold its ground as the leading opposition force in parliament, defying any notion of backing the current coalition. This declaration comes just ahead of a pivotal House vote scheduled for Friday to elect a new premier. With a firm stance, Natthaphong proclaimed that the People’s Party would outright reject Pheu Thai Party’s premier candidate, Chaikasem Nitisiri—an experienced former attorney-general and justice minister. If you think the People’s Party sounds familiar, you’re not wrong. It’s the latest phoenix to rise from the ashes of the Move Forward Party (MFP), which was dramatically disbanded by the Constitutional Court just last week. The court’s verdict was stern: Move Forward was found guilty of undermining…
Ngern Tid Lor Public Company Limited, affectionately known as TIDLOR, has carved yet another notch on its belt of achievements. Spearheaded by the dynamic Pakamon Tulyapizitchai, SVP of Digital Transformation, TIDLOR has triumphantly snagged the Techsauce Awards 2024 under the prestigious category of “The Sauciest Corporate.” This accolade not only illuminates TIDLOR’s unfaltering dedication to innovation and ground-breaking S-curve strategies but also underscores its superior organizational management and cutting-edge technological advancements within the realms of sustainable vehicle title loans and insurance brokerage services. With a gleaming smile, Pakamon shared, “This award is a crystal-clear testament to our relentless efforts in pushing the frontiers of innovation and technology, ensuring we meet and exceed our customers’ expectations. It propels our mission of delivering unparalleled customer experiences, propelling our organization towards sustainable growth. Moreover, it seals our resolve in laying down a robust InsurTech foundation.” Over the years, TIDLOR has firmly rooted itself…
Charoen Pokphand Foods PCL (CP Foods) has sent ripples through the industry with a jaw-dropping rebound in its Q2/2024 performance, smashing even the loftiest of expectations. The company posted an astounding net profit surge of 973%, a roaring tenfold increase, powered largely by its vibrant international operations. To sweeten the deal, CP Foods has also declared an interim dividend of THB 0.45 per share for its shareholders. In financial terms, the numbers are nothing short of spectacular. CP Foods tallied Q2/2024 sales revenues at a staggering THB 149,498 million. A whopping 64% of this revenue flood originates from overseas ventures, with 30% from its robust Thai businesses and a modest but noteworthy 6% from exports leaving Thailand. The net profit for this quarter? An eye-popping THB 6,925 million—marking a 973% leap compared to the same quarter last year. This monumental growth is largely the result of a beefed-up gross profit…
The Love Pride Parade 2024, celebrated with immense enthusiasm, kick-starts the vibrant Pride Month in June. (Photo: Varuth Hirunyatheb) Thailand is stepping up its game in the global LGBTQIA2S+ rights arena, signaling its bold ambitions to host the InterPride World Conference in 2025 with an eye on WorldPride by 2030. The Thailand Convention and Exhibition Bureau (TCEB) recently orchestrated a pivotal event titled “Thailand Announcement — Unity in Action: Thailand’s Next Steps in Equality.” This significant gathering commemorated the historic passage of the Marriage Equality Bill, while underlining the Thai government’s unwavering zeal to push forward with gender equality nationwide. Former Prime Minister Srettha Thavisin took the stage with a compelling keynote speech, “Towards Equality and Unity: Announcing Thailand’s Advancements in Marriage Equality Legislation and Readiness to Host WorldPride.” Thavisin passionately reiterated the government’s long-term vision to bolster gender equality, paving the way for an inclusive society that not only…
The Department of International Trade Promotion (DITP) under the Ministry of Commerce, in collaboration with both the Air-Conditioning and Refrigeration Industry Club and the Electrical and Electronics Industry Club, which operate under the Federation of Thai Industries, is gearing up to host the Bangkok Refrigeration, Heating, Ventilation, and Air-Conditioning 2024 (Bangkok RHVAC 2024) and Bangkok Electric and Electronics 2024 (Bangkok E&E 2024). Expect to be dazzled by the latest and most innovative products from renowned local and international manufacturers. This grand event, themed “One Stop Solutions for Net Zero Future,” will take place from September 4-7, 2024, at BITEC, Bangkok. Ms. Natiya Suchinda, the Deputy Director-General of DITP, shared that these events are celebrated as the largest trade fairs in Southeast Asia for their respective industries. Thailand’s HVACR and E&E industries have consistently stayed ahead of the curve, creating products that meet global standards and garnering worldwide admiration. This notoriety…