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Bitcoin surges above 1.537 million baht marking a significant peak
With a noteworthy rise of 3%, Bitcoin surged above US$45,000 (1.537 million baht) today, marking its first significant peak since April of the previous year. This considerable leap has signalled an auspicious start to 2024 for the world’s leading and most recognisable cryptocurrency. Earlier in the day, Bitcoin had reached an impressive 21-month high of US$45,386 (1.550 million baht). It…
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Thai government cuts local alcohol tax to zero to boost tourism and economy
The Thai government has announced a tax reduction on local alcohol as part of a wider review of laws hindering domestic tourism and economic growth. Revealed on January 2 at the Government House, Prime Minister Settha Thavisin stated that the restructuring of excise and various national taxes, including reducing domestic alcohol tax to 0%, formed part of their strategy to…
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Phuket welcomes 2024 with soaring tourist numbers and an 8 billion baht boost
Thailand’s famed island paradise of Phuket has just witnessed an impressive upswing in tourist numbers over the new year break. The Tourism Authority of Thailand (TAT) Phuket office has confirmed that the island has welcomed a remarkable 265,000 visitors, contributing more than 8 billion baht to the local economy. The head of the TAT Phuket office, Lertchai Wangtrakuldee, provided these…
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Chiang Mai confrontation leads to seizure of 200,000 meth pills
A confrontation between soldiers and smugglers occurred in the Mae Ai district of Chiang Mai in the early hours of today. The incident led to a seizure of 200,000 methamphetamine pills that were abandoned during the conflict. The Pha Muang task force, while on patrol, encountered armed individuals near the natural border crossing from Myanmar in the Kaeng Tum village…
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Thai man evades arrest after beating girlfriend to death
The family of a Thai woman is seeking justice after her boyfriend beat her to death at their shared home in Nonthaburi province near Bangkok and evaded arrest. The victim’s younger brother, 26 year old Phontakorn, urged non-profit organisation Saimai Survive to reveal his sister’s story to the public. Phontakorn said he and his mother hoped a miracle would happen…
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Heavy traffic in Phuket forces travellers to allocate extra time
Phuket International Airport is once again reminding those scheduled to fly out of the island to factor in additional travel time to reach the airport. This advice, which was initially issued for the new year period, has been reiterated due to persistent heavy traffic on the island’s main roads. This renewed call for travellers to allocate an extra two to…
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Thailand’s economy braces for slow growth
Thailand’s economy is set to experience slow growth in the coming years, with GDP forecasts for this year ranging between 3-3.4%. Several factors, including sluggish growth in exports, subdued Chinese demand for consumption and tourism, geopolitical risks, and a shortage of skilled workers, are expected to influence this. Despite these challenges, industry executives are optimistic and are devising strategies to…
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South Korean opposition leader Lee Jae-myung survives stabbing attack in Busan
South Korean opposition leader Lee Jae-myung was stabbed while making a public announcement in Busan. Following the incident, authorities immediately apprehended the attacker. Lee, who lost the presidential election in 2022, was transported to the hospital approximately 20 minutes post-assault and is currently conscious. Lee Jae-myung, who suffered a defeat in the 2022 presidential polls, was stabbed on the left…
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Thai teenage boy accidentally shoots and kills friend near Bangkok
A 15 year old Thai boy confessed to accidentally shooting and killing his 14 year old friend while attempting to attack a rival group of teenagers on a road in Pathum Thani province near Bangkok. The 14 year old boy was shot in the back of the head while riding a motorcycle with two friends on Liap Khlong Song Road…
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Thailand’s energy minister initiates major revamp of energy pricing structure
Pirapan Salirathavibhaga, the Deputy Prime Minister and Energy Minister, pledged to initiate a significant revamp of Thailand’s energy pricing structure, beginning with the removal of refined oil import restrictions. His commitment to this overhaul aims to alleviate the current strain of escalating energy costs on the populace. “I will overhaul the entire system to help ease the current burden of…
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Nostradamus predicts catastrophic tsunami and royal shake-up in 2024
Renowned French seer Nostradamus predicted a catastrophic tsunami in 2024, a prophecy that has sparked widespread online discussion following the recent tsunami in Japan yesterday. Nostradamus, who lived five centuries ago, penned his predictions in a book of 942 poems, foreseeing major global events with uncanny accuracy, including World War II, the 9/11 attacks, and the Covid-19 pandemic. Famous news…
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Thai Smile takes its final flight: Farewell fiesta signals merger with Thai Airways
Thai Smile Airways threw a farewell party with passengers on the airline’s last flight before saying goodbye on December 31 and merging with Thai Airways (THAI). THAI embarked on a business rehabilitation plan in October of 2021, granting the airline a five-year timeline to enhance its operations. The company underwent significant changes, including restructuring its business, downsizing its workforce, implementing…
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Fatal stabbing in Ban Pong escalates from heated argument
A fatal stabbing occurred in front of a convenience store in Ban Pong, Ratchaburi, following a heated argument between two women. The incident, which took place at 10.45pm yesterday, January 1, ended tragically as a man attempting to intervene was fatally stabbed. The crime scene was attended by Ban Pong Police Station Deputy Investigator Suksiri Chansacha along with Ban Pong…
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Gold prices predicted to hit record highs by 2024, says MTS Gold
MTS Gold, a local trader, predicted that gold prices are likely to skyrocket to new record levels of over 79,005 baht (US$2,300) per ounce and beyond 40,000 baht (US$1,164) per baht weight by this year. This forecast comes amidst anticipated adverse global economic situations. Kritcharat Hiranyasiri, the President of MTS Gold, explained that the anticipated decline in interest rates and…
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Thai authorities craft national oil proposal to boost sustainable aviation fuel
In a bid to bolster the aviation industry’s effort to curtail carbon dioxide emissions, Thai energy authorities are in the process of crafting a novel national oil proposal. The blueprint will cater to the evolution of Sustainable Aviation Fuel (SAF), a biofuel variant for aircraft. The appeal of SAF lies in its strong resemblance to jet fuel in terms of…
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Pattaya punch-up perplexes police: Viral video captures motorcycle taxi turmoil outside central mall
A viral video emerged on Thai social media over the weekend showing a brutal attack on a foreign man by two motorcycle taxi riders outside Central Pattaya shopping mall. Police said they had received no reports of the incident. The Facebook user, เดฟร็อก ไทย, shared the video of the attack on December 30 with a caption that said: Pattaya motorcycle…
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Thai prime minister ready for key 2024 fiscal year budget bill debate
Thailand Prime Minister Srettha Thavisin confidently announced yesterday his readiness to participate in the upcoming debate on the 2024 fiscal year budget bill. The discussions are set to kick off tomorrow, January 3. PM Srettha revealed that a series of discussions with coalition partners in preparation for the debate had taken place before the new year holiday. The primary aim,…
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Chinese tourist’s fatal plunge at Pam Bok waterfall underscores safety importance
In the serene province of Mae Hong Son, an unfortunate incident unfolded at the Pam Bok waterfall in Pai, on December 31. A 52 year old Chinese visitor named Peng Xin met an untimely demise after a fatal fall from 10 metres at the waterfall. The distressing event surfaced at 3.30pm when the Pai police were alerted about the incident.…
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Thai investors anticipate surge in depositary receipts popularity in 2024
Executives anticipate a surge in the popularity of depositary receipts (DRs) among Thai investors this year, with the investment tool offering a gateway to high-profile foreign stocks, risk diversification, and potential high returns. As they have become more prevalent on the Thai bourse, investors held DRs worth around 16 billion baht (US$466 million) on the Stock Exchange of Thailand (SET)…
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PM Srettha extends new year wishes, discusses govt’s plans
On the advent of the new year, Thailand Prime Minister Srettha Thavisin, in company with Supreme Patriarch and House Speaker and Parliament President Wan Muhamad Noor Matha, extended heartfelt wishes to the nation and its inhabitants. PM Srettha started his year with a visit to Wat Ratchabophit, accompanied by his wife, Pakpilai Thavisin. They expressed their reverence to the Supreme…
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Tsunami hits South Korea with unexpected 67cm wave, North Korea on alert
South Korea has been hit by a tsunami with a wave height of 67 centimetres, exceeding initial predictions by the Korean Meteorological Administration (KMA). The surging wave height, which is potentially dangerous, could also affect North Korea, which has issued a tsunami warning. The KMA reported that a 20-centimetre high tsunami wave hit the east coast of Kangneung City in…
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Thailand’s New Year road safety campaign reveals shocking toll
There’s a chill in the air, but temperatures are rising on Thailand’s roads as the New Year Seven Days Road Safety campaign reveals a sobering toll. According to the Thai Department of Disaster Prevention and Mitigation (DDPM), the first two days of the campaign have already witnessed a surge in road accidents, injuries, and deaths. The numbers are staggering –…
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Thousands gather in Thailand for New Year’s blessings and cultural preservation
New Year’s Day was marked with customary merit-making and prayers for blessings across Thailand, with thousands of locals and tourists converging at popular sites to witness the first light of 2024. An estimated 5,000 individuals turned out to give alms to over 200 Buddhist monks and novices at the city pillar in Muang district, Khon Kaen province. The event symbolised…
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Thai politician among suspects in fatal Nakhon Phanom petrol station shooting
A local politician is under investigation, together with two other suspects, following the fatal shooting of two petrol station employees in Nakhon Phanom, Thailand. The victims, a 50 year old female employee and a 33 year old male known as Phromjak were discovered dead with no significant evidence or spent shell casings found at the scene. The petrol station’s 13…
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Fatal New Year’s shooting in Phuket hotel: police apprehend 32 year old suspect
A 32 year old man was fatally shot in front of a hotel in Phuket during New Year’s celebrations. The assailant, who fled the scene on a motorcycle, was later apprehended by police. The incident occurred at 4.14am today (January 1) Police Lieutenant Colonel Eakasak Khwanhuan, an investigator at the Karon Police Station in Phuket, was notified of the shooting…
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Rescued calf for 100 Thai baht warms hearts on TikTok journey
The young calf that warmed the hearts of TikTok users by sitting in the back of a pickup truck on its journey home has been found. The touching backstory of the calf, worth merely a hundred baht, has since been revealed. On New Year’s Eve, a TikTok user captured a video of the calf sitting in a pickup truck, registration…
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Thailand’s economy projected for strong recovery and growth in 2024
Thailand’s economy is in a promising state of recovery, as projections indicate a boost in both domestic demand and tourist arrivals. With the resurgence of most industries and the emergence of tech-driven sectors like electric vehicles, there is a wave of optimism that the country’s economic growth will significantly strengthen in 2024. Six industries are predicted to experience rapid growth…
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Thailand targets 3.5 trillion baht tourism boost for economy
Thailand’s government is setting its sights on a 3.5 trillion baht (US$101 billion) boost to the economy via the tourism sector this year, aiming to establish the nation as an all-season tourist hotspot. A spokesperson for the government, Chai Wacharonke, revealed that over 27 million international travellers graced the country in 2023, with the majority stemming from Malaysia, closely followed…
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Ex-deputy inspector accused of premeditated murder in Wang Thonglang
Accusations of premeditated murder, illegal firearm possession and use, and owning a firearm without permission, have been levelled against a police officer, following the fatal shooting of a businessman on an expressway in Wang Thonglang district. The officer, a former deputy inspector of Hua Mak station, identified as Pol Lt Narongwat Thachata, was employed by the victim as a driver.…
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Pink line monorail extends free service during conductor rail repair
The Pink Line monorail, currently in its trial phase, has prolonged its complimentary service till this Saturday as it continues with the repair of its conductor rail. This extension follows an inspection led by Deputy Transport Minister Surapong Piyachote, who visited the ongoing work from Chaeng Wattana-Pak Kret 28 Station (PK08) to Nonthaburi Civic Centre Station (PK01). The intent is…
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