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THAI.NEWS - Thailand Breaking News

BIG and B.Grimm Power Partner to Revolutionize Green Energy with Hydrogen Fuel Initiative

BIG, a climate technology trailblazer recognized for its prowess in industrial gas and greenhouse gas reduction, has teamed up with B.Grimm Power to ink a groundbreaking cooperation agreement. Centered on the exploration and development of hydrogen fuel for electricity generation, this partnership is set to revolutionize the shift from fossil fuels to green energy. By harnessing state-of-the-art hydrogen technology, this collaboration aims to lead the way in sustainable energy transformation and achieve net-zero greenhouse gas emissions by 2050. Dr. Harald Link, President of B.Grimm Power Public Company Limited, a vanguard in Thailand’s private power generation sphere, revealed that B.Grimm Power’s “GreenLeap – Global and Green” strategy, launched in 2023, is a proactive roadmap designed to navigate the swiftly changing global energy landscape and cater to evolving customer demands. This forward-thinking strategy focuses on expanding renewable energy projects both domestically and internationally, providing clean, sustainable, and reliable energy at affordable prices…

JAI by ONESIAM: How Siam Piwat’s NFT Integration is Revolutionizing Luxury Lifestyle

The unveiling of JAI by ONESIAM by Siam Piwat, a premier real estate developer, signifies a milestone in luxury lifestyle enhancement. It isn’t just a private club but an ecosystem of collaboration and innovation, paving the way for unparalleled luxury experiences. This groundbreaking initiative is a testament to Siam Piwat’s unwavering leadership in the luxury retail sector, appealing to Thailand’s affluent elites while expanding its influence globally. JAI by ONESIAM isn’t your typical exclusive club. It stands apart with its use of non-tradable, soul-bound NFTs, which serve as security measures and gateways to bespoke experiences and global events. This unique approach ensures the club remains exclusive, fostering a close-knit community of like-minded individuals. At the Techsauce Global Summit 2024, Southeast Asia’s grandest tech gathering hosted at the Queen Sirikit National Convention Center, business development dynamo Momori Hirabayashi from Siam Piwat Co. Ltd., together with founding members Chayapa Chutrakul, CEO of…

Myrex Thailand Relaunches with Innovative Stainless Steel Cookware Collections: White Steel and Luna Series

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%…

River City Bangkok Celebrates 40 Years: A Legacy of Art and Antiques

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…

Gen Songwit Noonphakdi Oversees Departure of Thai Military Engineers for UN Peacekeeping Mission in South Sudan

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…

Job Expo Thailand 2024: Declining Unemployment Rates and Rising Remote Work Trends

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.…

Pakistan Waives Visa Fees for Travelers from 126 Countries, Including Thailand

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 Earthquake: RIO Confirms Reservoir Safety Amidst Chiang Rai Flood Crisis

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…

PEA Governor Supachai Ek-Un Launches Thailand’s First Sustainability Bond for Green Finance

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…

Future of Thailand’s Digital Wallet Initiative Uncertain After Srettha Thavisin’s Dismissal

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…