THAI.NEWS - Thailand Breaking News

Gearing up to host the largest Sustainability Expo in the Asean region, the city of Bangkok announces the fourth edition of Sustainability Expo 2023 (SX 2023). Taking place at the renowned Queen Sirikit National Convention Center (QSNCC) in the Khlong Toei district, the anticipated event is scheduled from September 29 to October 8. The driving force behind the Expo, SX director Tongjai Thanachanan, shared insights into this year’s theme during a recent media interaction. “Good Balance, Better World” is an ethos that’s set to guide the event, putting a strong emphasis on sustainability trends, trailblazing innovations, and the contributions made by His Majesty King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua to the welfare of the people through royal projects. Dedicated to projecting the idea of “Sufficiency for Sustainability,” the event channels the essence of the sufficiency economy philosophy, a profound concept initiated by His Majesty King Bhumibol Adulyadej The Great (Rama IX).…

In the bustling Ministry of Labour premises in Tak, there’s quite the stir. It’s registration day for Myanmar workers awaiting their official permits, a doorway to working in Thailand. But underneath the regular procedure, ripples of change sweep through these hopeful migrants, hinged to a new directive from the home military government. Sapphire-blue skies over Myanmar conceal an economy bearing the weight of uncertainty. The military government recently decreed that the nation’s expatriate workers should contribute at least a quarter of their overseas currency income to the local banking system, reshaping the landscape of foreign remittance. As conveyed by esteemed Myanmar news outlet, The Irrawaddy, these foreign funds would undergo conversion to kyat, Myanmar’s official currency. The crux lies here – the conversion happens at the government’s official rate, which stands at an astounding 40% below the frequently-used market rate. Essentially, this strategy garners a lucrative pool of funds for…

With the OneCoin logo prominently displayed on the company’s office door in Sofia, Bulgaria back in 2016, many unsuspecting investors were drawn into a well-orchestrated scam that was about to blow up massively. Unfortunately, the picture behind this façade was far from rosy. Therefore, fraud encapsulated in shining golden logos and tall promises landed a fake cryptocurrency promoter straight into the throes of the law. The narrative revolves around dual-citizen of Sweden and the United Kingdom, Sebastian Greenwood, who was the chief architect of this grand scam. The illusion spun around OneCoin did not play out as planned when Greenwood was arrested in Thailand in 2018. This culminated in a twenty-year-long prison sentence for Greenwood, handed out by the US federal court, which found him guilty of large-scale fraud. In fact, it was no small feat. The orchestrated scheme had duped an enormous crowd of 3.5 million individuals out of…

On the 8th of September 2023, a grand gathering of financial leaders took place, the 36th ASEAN Exchanges CEOs Meeting, graciously hosted in the heart of Thailand by the Stock Exchange of Thailand (SET). Alongside SET, five other major market players graced the event — Bursa Malaysia, Indonesia Stock Exchange, Philippine Stock Exchange, Singapore Exchange Group, and Vietnam Exchange. One of the key objectives centering this summit was the development of a central set of sustainability metrics that complies with globally accepted standards and proven practices. During the vibrant session, the representatives from these six influential ASEAN exchanges exchanged ideas on initiatives aimed at boosting Environmental, Social, and Governance (ESG) collaboration across the region. The goal? To uplift the ASEAN stock markets and cultivate sustainable investments, fostering an environment that breeds long-term financial growth and prosperity. At the heart of the dialogue was the synergy within ASEAN Exchanges and the…

In an ambitious bid to enhance its maritime capabilities, Thailand, under the leadership of Prime Minister Srettha Thavisin, plans to approach Germany’s president, aiming to acquire a powerfully engineered German-built engine for their state-of-the-art, Chinese-constructed submarine. This strategy forms a key part of Thavisin’s agenda during his forthcoming visit to the United Nations General Assembly in New York – a testament to his international diplomacy skills. The revelation came from Foreign Minister Parnpree Bahiddha-Nukara, a brilliant political luminary, who shared the information in response to inquiries from the inquisitive press corps post the cabinet meeting held earlier this week. With the usual finesse of a skilled statesman, Bahiddha-Nukara assured, “We are in anticipation of a confirmation. Preliminary efforts to contact our German counterparts have already been launched.’’ In the purchase agreement chalked out by the Royal Thai Navy with their Chinese counterparts, it’s been particularly insisted that the underwater craft…

Venture into the breathtaking expanses of Norway, known the world over for its gleaming fjords and icy climate. This region, teeming with marine life and historic fishing culture, is turning heads for its globally recognized and remarkably sustainable aquaculture practices. An industry rooted in centuries-old traditions, today it has metamorphosed into a modern symbol of sustainable development, merging advanced technology with marine biology, food safety procedures, and environmental preservation principles. Dotted across the untamed, open Norwegian seas, fish farms are nestled within clear and icy fjord waters, far from the bustling maritime routes. Salmon, a worldwide favorite for connoisseurs and everyday individuals alike, proliferates in expansive pens. The environment is meticulously controlled and impeccably hygienic, maintaining a ratio of nearly all clear water to a scant 2.5% fish. Minimizing harm to marine life, advanced methods like AI-aided lasers are employed to tackle sea lice, underpinned by digital analytics to spot…

On the brisk Monday morning, the House of Representatives and Senate convened in a joint seating. The agenda? To see the newly-formed Cabinet reveal its future forward policies, a necessary requirement in line with Section 162 of the aberrant constitution. Following consensus from the whip line, the two-day debate was allocated a combined 30 hours, split sternly through the parties. The opposition was given half a day plus four hours, followed by an equal allocation of a five-hour slot to the Cabinet, government-side parties and senators. Nearing 10 o’clock in the morning, the honor fell on Prime Minister Srettha Thavisin to present the government’s policy guide to the anxiously waiting Parliament, sharing printed copies of this statement with the delegates present. Bearing the concerns of the nation on his shoulders, Srettha emphasised the urgent need to elevate the struggling Thai economy, staggering under the weight of the pandemic and global…

Guided by the tenets of government strategy, the Department is diligently collaborating with all key stakeholders aiming to expedite the progress on the much-anticipated Thai-Cambodian collective development region. This information comes courtesy of the department’s deputy CEO, Supalak Parn-anurak. The central focus remains intensifying the natural gas extraction from Erawan gas field, formerly labelled G1/61. By the time we hit the 1st of December this year, it’s envisaged that the everyday production will experience a substantial increase to 600 million cubic feet from an existing 400 million cubic feet. There’s a slight hiccup however; the operator, PTT Exploration and Production Plc (PTTEP), recently expressed a certain level of difficulty in achieving these lofty production targets. Several factors are contributing to the delay in production. Among the main culprits is an issue with the crane on the K1 vessel which is integral to the installation of the production platform. With a…

The prestigious Chulalongkorn University, in a gesture of immense humility and thoughtfulness, collaborates with its Office of Student Affairs and the University Communication Center to bring to life a heartwarming short flick aptly titled “Give Smiles, Not Gifts.” The creative initiative serves as a reflection of graduating students’ true desires on their special day, radiating the touching notion that the “Heart is the best gift.” The film is a heartfelt congrats piece to the 2022 graduates, aligning seamlessly with the campaign intended to suppress the tradition of giving elaborate presents such as floral bouquets and balloons on graduation day. The well-intended attempt is not just to mitigate waste production but also to endorse eco-friendly practices. Ultimately, it aims to reinvent graduation festivities into events characterized by mutual amusement and joyful smiles instead of the traditional gift exchange. Immerse yourself in this short, poignant narrative titled “Give Smiles, Not Gifts” by…

Revamping the face of waste management, VISTEC’s “C-ROS” campaign provides a novel approach to turn zero-waste and trash segregation into an advantageous venture. Through the power of anaerobic fermentation technology, the brainchild of esteemed Rector Jumras Limtrakul embodies an innovative solution that transforms waste into biogas and beneficial microbial substances, as disclosed to The Nation. Unlike conventional methods, C-ROS puts to work specialized microorganisms converting food and organic waste into biogas or fertilizer at a quicker rate. This unparalleled system is capable of yielding from 50,000 to 100,000 baht worth of useful substances from a single ton of food waste, according to Limtrakul. Moreover, catering to the dire need for effective waste management, VISTEC has launched the “SUZDEE” waste processing appliance. This highly efficient machine, equipped with “C-ROS Turbo”, a concentrated natural micro-organism, expedites the process of reducing food waste to zero. Demonstrating versatility, these machines could be conveniently installed…