snoop1130

Thailand investment value surges 77% with South Korea as top foreign investor Photo via Freepik Investment in Thailand experienced a significant surge in the first quarter of the year, with a 77% year-on-year increase to 185.7 billion baht, primarily driven by 397 project proposals. The Board of Investment (BoI) revealed that South Korea emerged as the leading foreign investor during this period. Full Story: https://aseannow.com/topic/1295661-thailand-investment-value-surges-77-with-south-korea-as-top-foreign-investor/

Photo via Freepik Investment in Thailand experienced a significant surge in the first quarter of the year, with a 77% year-on-year increase to 185.7 billion baht, primarily driven by 397 project proposals. The Board of Investment (BoI) revealed that South Korea emerged as the leading foreign investor during this period. Foreign investment constituted 155.2 billion baht of the total investment, marking a 115% year-on-year growth. Narit Therdsteerasukdi, secretary-general of the BoI, said… “South Korean investors were ranked first, with investment worth 31.4 billion baht.” Singapore came in second with 29.7 billion baht, followed by China with 25 billion baht, and Japan with 24.7 billion baht. The rise in investment value has been attributed to the easing of pandemic restrictions and the government’s decision to fully reopen the country for foreign business people. Furthermore, numerous international companies have opted to relocate their production facilities to Thailand to circumvent the impact of geopolitical conflicts. Full Story: https://thethaiger.com/news/business/thailand-investment-value-surges-77-with-south-korea-as-top-foreign-investor -- © Copyright Thaiger 2023-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Thai foreign investment outlook positive amid political shift Image via Unsplash The Industrial Estate Authority of Thailand (IEAT) and prominent business leaders expressed optimism about foreign investment in the country this year, despite delays due to the formation of a new government. IEAT Governor Veeris Ammarapala stated that foreign investors are expected to understand the evolving political landscape in Thailand, including the transition towards a Move Forward Party-led coalition government. Full Story: https://aseannow.com/topic/1295659-thai-foreign-investment-outlook-positive-amid-political-shift/

Image via Unsplash The Industrial Estate Authority of Thailand (IEAT) and prominent business leaders expressed optimism about foreign investment in the country this year, despite delays due to the formation of a new government. IEAT Governor Veeris Ammarapala stated that foreign investors are expected to understand the evolving political landscape in Thailand, including the transition towards a Move Forward Party-led coalition government. At a recent industry forum, Ammarapala said… “Investors believe investment policies in Thailand will not change.” Investors are eager for the new government to be established promptly, as it is crucial for maintaining business confidence. The IEAT anticipates an increase in investment in Thailand in the second half of the year, partially driven by foreign investors seeking to invest in the Association of Southeast Asian Nations (ASEAN) to mitigate the impact of geopolitical conflicts such as the Russia-Ukraine war and China-Taiwan tensions. Full Story: https://thethaiger.com/news/business/thai-foreign-investment-outlook-positive-amid-political-shift -- © Copyright Thaiger 2023-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Thailand Hosts This Year’s Meeting of International Sericulture Commission BANGKOK ( NNT) - The Department of Sericulture is hosting the annual International Sericulture Commission (ISC) meeting, bringing together representatives from six countries to discuss strategies for the international development of the sericulture industry. The conference, scheduled for May 21-28, is also set to see the establishment of World Silk Day as proposed by Thailand. Full Story: https://aseannow.com/topic/1295658-thailand-hosts-this-year’s-meeting-of-international-sericulture-commission/

BANGKOK ( NNT) - The Department of Sericulture is hosting the annual International Sericulture Commission (ISC) meeting, bringing together representatives from six countries to discuss strategies for the international development of the sericulture industry. The conference, scheduled for May 21-28, is also set to see the establishment of World Silk Day as proposed by Thailand. Led by Prakob Phaophong, Director-General of the Department of Sericulture, and Sutira Pholcharoen, an agricultural specialist and silk product development expert, Thailand welcomed delegates from India, Romania, Bangladesh, Uganda, Japan and relevant local representatives. This marks the fifth time that Thailand has hosted the ISC meeting, reflecting its commitment to the growth of the sericulture sector. The week-long meeting covers a wide range of topics, including ISC activities for the previous year, progress on the Make The Label Count (MTLC) campaign, ISC training programs, silk standard testing and grading, and Thailand’s proposal to designate August 12 as World Silk Day. In addition to the conference, the delegates are participating in field visits and study tours from May 22-28. These visits include interactions with agricultural groups in Chachoengsao province, exploring textile and product manufacturing groups, and visiting exhibition centers in Nakhon Ratchasima province. The delegates will also have the opportunity to visit Chul Thai Silk Co Ltd and sericulture industrial farmers in Phetchabun province. The International Sericultural Commission (ISC), an intergovernmental organization registered with the United Nations, was established in 1960 with the goal of promoting scientific, economic and related activities in the field of sericulture. Currently headquartered in Bangalore, India, the ISC provides members with the opportunity to present research findings at the World Sericulture Congress held every three years. By proposing World Silk Day and fostering international collaboration, Thailand aims to promote the rich heritage and economic potential of the silk sector, ensuring its sustainable growth for decades to come. Source: https://thainews.prd.go.th/en/news/detail/TCATG230523153339920 -- © Copyright NNT 2023-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Myanmar puts troops on alert after Pita’s statements Myanmar’s second-most powerful general has issued a directive to his commanders to keep a closer watch on the Thai-Myanmar border after Thailand’s Move Forward Party won the most House seats in the May 14 general election. Full Story: https://aseannow.com/topic/1295657-myanmar-puts-troops-on-alert-after-pita’s-statements/

Myanmar’s second-most powerful general has issued a directive to his commanders to keep a closer watch on the Thai-Myanmar border after Thailand’s Move Forward Party won the most House seats in the May 14 general election. According to Irrawaddy, Vice Senior General Soe Win said “The Move Forward Party is pro-West and they will assist terrorists … we have to watch the border and get information about them, their movements and their activities. The “terrorists” he referred to are anti-Myanmar regime resistance groups active along the border. Full Story: https://www.thaipbsworld.com/myanmar-puts-troops-on-alert-after-move-forwards-statement/ -- © Copyright Thai PBS 2023-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Pita meets with Federation of Thai Industries to soothe concerns Move Forward’s leader Pita Limjaroenrat stole the limelight again on Tuesday by using a motorcycle taxi to go to a meeting at the Federation of Thai Industries (FTI). Full Story: https://aseannow.com/topic/1295656-pita-meets-with-federation-of-thai-industries-to-soothe-concerns/

Move Forward’s leader Pita Limjaroenrat stole the limelight again on Tuesday by using a motorcycle taxi to go to a meeting at the Federation of Thai Industries (FTI). He did not say why he used a bike, but Sathorn Road, where the FTI is situated, is infamous for its traffic congestion. This was the second time the would-be next prime minister of Thailand has taken a bike to get a meeting after his Move Forward Party won the most House seats in the general election. Full Story: https://www.thaipbsworld.com/pita-meets-with-federation-of-thai-industries-to-soothe-concerns/ -- © Copyright Thai PBS 2023-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Census panthers and leopards to be conducted in Thailand’s western forests The Department of National Parks, Wildlife and Plant Conservation is cooperating with the World Wildlife Fund to undertake a survey of the population of leopards and panthers in Thailand, particularly in the western forest complex, as well as the Dong Phayayen-Khao Yai and Phu Khieo-Nam Nao forest complexes. Full Story: https://aseannow.com/topic/1295655-census-panthers-and-leopards-to-be-conducted-in-thailand’s-western-forests/

The Department of National Parks, Wildlife and Plant Conservation is cooperating with the World Wildlife Fund to undertake a survey of the population of leopards and panthers in Thailand, particularly in the western forest complex, as well as the Dong Phayayen-Khao Yai and Phu Khieo-Nam Nao forest complexes. It is expected that the survey will begin in the western forests, because the area is believed to contain more leopards and panthers. Sittichai Nuchailek, chief of the Wildlife Conservation Office, said that the department does not have information about the number of panthers and leopards in the wild in Thailand, although it is estimated there are between 200 and 300 of them, scattered over three forest complexes. Full Story: https://www.thaipbsworld.com/census-panthers-and-leopards-to-be-conducted-in-thailands-western-forests/ -- © Copyright Thai PBS 2023-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Three DSI officials surrender to face bribe-taking charges Pol Gen Surachate Hakparn, the deputy national police chief Three officials of the Department of Special Investigation (DSI) have offered to surrender to the police this afternoon (Tuesday), to acknowledge charges of allegedly breaking into the residence of the consul-general of the Republic of Nauru and demanding bribes from illegal Chinese immigrants there. Full Story: https://aseannow.com/topic/1295654-three-dsi-officials-surrender-to-face-bribe-taking-charges/

Pol Gen Surachate Hakparn, the deputy national police chief Three officials of the Department of Special Investigation (DSI) have offered to surrender to the police this afternoon (Tuesday), to acknowledge charges of allegedly breaking into the residence of the consul-general of the Republic of Nauru and demanding bribes from illegal Chinese immigrants there. The voluntary surrender follows the issuance of arrest warrants by the Criminal Court after they were charged with falsifying official documents, using the fake documents and malfeasance in office. The DSI officials allegedly took about 10 million baht in bribes from the Chinese, who fled the country after their release by the DSI officials. Full Story: https://www.thaipbsworld.com/three-dsi-officials-surrender-to-face-bribe-taking-charges/ -- © Copyright Thai PBS 2023-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Two Thai national footballers banned for six month for brawling at SEA Games AFP The Football Association (FA) of Thailand has banned two players from national matches for six months and suspended three staff for a year after brawls during the SEA Games men’s football final in Cambodia on May 16. Full Story: https://aseannow.com/topic/1295653-two-thai-national-footballers-banned-for-six-month-for-brawling-at-sea-games/

AFP The Football Association (FA) of Thailand has banned two players from national matches for six months and suspended three staff for a year after brawls during the SEA Games men’s football final in Cambodia on May 16. The televised incident has tarnished the image of Thai football, FA Thailand said in a statement. An FA Thailand-appointed committee investigating the incident has also unanimously decided to issue a suspension of one year for three staff of the Thai national football team. Full Story: https://www.thaipbsworld.com/two-thai-national-footballers-banned-for-six-month-for-brawling-at-sea-games/ -- © Copyright Thai PBS 2023-05-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Sri Racha Motorcyclist Fatally Rear-Ends Pickup Truck A Thai man on a motorbike rear-ended a pickup truck that was making a U-turn in Sri Racha and passed away. Full Story: https://aseannow.com/topic/1295575-sri-racha-motorcyclist-fatally-rear-ends-pickup-truck/

A Thai man on a motorbike rear-ended a pickup truck that was making a U-turn in Sri Racha and passed away. The fatal accident, which occurred on a road within the Nong Kham sub-district of Sri Racha district, Chonburi province, was reported to Sri Racha Police at 05:00 AM on Saturday, May 20th. The police coordinated with rescue workers from the Puthasamakhom Foundation and rushed to the scene. At the accident site, police found a black Honda PCX motorbike lying in the middle of the road surrounded by scattered bike fragments. Its frontal part was demolished. The police also found a bronze Izuzu pickup truck with a crumpled rear parked on the road near the motorcycle. Full Story: https://thepattayanews.com/2023/05/22/sri-racha-motorcyclist-fatally-rear-ends-pickup-truck/ -- © Copyright The Pattaya News 2023-05-22 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Safety Measures at Tham Luang Cave Implemented Ahead of July Reopening CHIANG RAI (NNT) - The Department of National Parks, Wildlife and Plant Conservation has announced the implementation of safety measures in preparation for the reopening of Chiang Rai’s Tham Luang Cave in July. The cave gained global attention in 2018 when 12 young Wild Boars football players and their coach were trapped inside for 18 days due to flooding, ultimately leading to a successful rescue operation. Full Story: https://aseannow.com/topic/1295484-thailand’s-tham-luang-cave-reopens-for-tourists-in-july/?do=findComment&comment=18098003

Safety Measures at Tham Luang Cave Implemented Ahead of July Reopening CHIANG RAI (NNT) - The Department of National Parks, Wildlife and Plant Conservation has announced the implementation of safety measures in preparation for the reopening of Chiang Rai’s Tham Luang Cave in July. The cave gained global attention in 2018 when 12 young Wild Boars football players and their coach were trapped inside for 18 days due to flooding, ultimately leading to a successful rescue operation. Officials including Atthaphon Charoenchansa, Director-General of the Marine and Coastal Resources Department; Chaiwat Limlikhit-aksorn, Director of the National Park Office; Chutidech Kamonnachanut, Director of the Conservation Area Administration Office 15 Chiang Rai; and Vernon Unsworth, a British cave diver who played a vital role in the 2018 rescue mission, are scheduled to visit the Tham Luang-Khun Nam Nang Non-National Park this weekend. Currently, only the exhibition zone and the area in front of the cave are accessible to the public. Starting in July, the first cave chamber, which stretches approximately 150 meters, will be opened to visitors. Each visiting group will be limited to a maximum of 25 people, with each round of exploration lasting 30 minutes. To manage the flow of tourists, authorities have established a daily limit of 16 rounds, permitting up to 400 visitors to enter the first chamber each day. For the second chamber, only four groups consisting of 15 individuals will be granted access on a daily basis. To secure entry, applications must be submitted at least one week in advance. The third chamber will be reserved exclusively for researchers and experts, who are required to submit a letter to the department at least 30 days prior to their visit. The implementation of these safety measures aims to ensure the preservation of Tham Luang Cave while also allowing limited public access for sightseeing and exploration. By carefully managing the number of visitors and controlling the duration of each visit, authorities seek to maintain a balance between safety and providing an opportunity for people to experience the cave’s natural wonders. Source: https://thainews.prd.go.th/en/news/detail/TCATG230522183214671 -- © Copyright NNT 2023-05-22 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Medical Team to Accompany Hajj Pilgrims to Saudi Arabia BANGKOK (NNT) - The Ministry of Public Health has announced a plan to dispatch a team of medical personnel to accompany and care for Thai Muslims participating in the Hajj pilgrimage to Saudi Arabia this year. Full Story: https://aseannow.com/topic/1295574-medical-team-to-accompany-hajj-pilgrims-to-saudi-arabia/

BANGKOK (NNT) - The Ministry of Public Health has announced a plan to dispatch a team of medical personnel to accompany and care for Thai Muslims participating in the Hajj pilgrimage to Saudi Arabia this year. According to a report, Permanent Secretary for Public Health Dr Opas Karnkawinpong and his assistant, Dr Suppachok Wetchaphanphesat, will be present at Suvarnabhumi Airport to see off the first medical team joining the pilgrims on their journey. Dr Suppachok said around 12,000 Thai Muslims will travel to Mecca from May 21 to June 23 and are expected to return in July. He added that all pilgrims needed to undergo a series of health checkups and receive vaccinations, including for influenza, meningococcal disease and COVID-19. During the trip to Mecca, medical personnel will be divided into three teams, with Dr. Zulkifli Yusof, Director of Mai Kaen Hospital in Pattani and Deputy Director of the Southernmost Health Development Administrative Center, appointed as the leader of this year’s Thai Hajj Medical Office. The remaining volunteers and medics are scheduled to depart on June 2 and June 15, respectively. Upon their return to Thailand, the Hajj participants will be required to undergo a mandatory 14-day quarantine as per the regulations. Source: https://thainews.prd.go.th/en/news/detail/TCATG230522183743676 -- © Copyright NNT 2023-05-22 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

MRTA Grants Third Extension for Pink Line Monorail Project BANGKOK (NNT) - The Mass Rapid Transit Authority of Thailand (MRTA) has approved a 345-day extension for the Pink Line monorail project, the third such extension to be granted. Full Story: https://aseannow.com/topic/1295573-mrta-grants-third-extension-for-pink-line-monorail-project/

BANGKOK (NNT) - The Mass Rapid Transit Authority of Thailand (MRTA) has approved a 345-day extension for the Pink Line monorail project, the third such extension to be granted. Department Highways Director-General Sarawut Songsivilai, who also serves as MRTA board chairman, announced August 2024 as the project’s estimated completion date instead of July 2023 as previously stated. According to Sarawut, the MRTA board passed the deadline extension approval on May 18 for the initial 34.5 kilometers of the line. The impact of the pandemic was cited by the contractor, Northern Bangkok Monorail (NBM), as the main reason for seeking the contract extension was the impact of the pandemic. Initially, the MRTA extended the project deadline by a year, setting the completion target for September 2022. NBM later requested a second extension of 290 days, pushing the new deadline to July of this year. As of the previous month, the Pink Line’s construction progress stood at 96.43%. The monorail project spans 30 stations, connecting Khae Rai in Nonthaburi to the Min Buri area in eastern Bangkok. With a value of 53.4 billion baht, the project will intersect the Orange Line in Min Buri and link with the Green Line at Wat Phra Sri Mahathat Station. Source: https://thainews.prd.go.th/en/news/detail/TCATG230522182523667 -- © Copyright NNT 2023-05-22 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. The most versatile and flexible rental investment and holiday home solution in Thailand - click for more information.

Family offers 10,000 baht reward for missing mental health patient last seen at hospital Photo by Khon Kaen Link A 10,000 baht reward has been offered for information leading to the whereabouts of a 37 year old psychiatric patient who has been missing for over a week after walking out of Khon Kaen Hospital. Full Story: https://aseannow.com/topic/1295570-family-offers-10000-baht-reward-for-missing-mental-health-patient-last-seen-at-hospital/