THAILAND LIVE Thailand Live Monday 21 October 2024

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Banking Stocks Poised to Surge Amid Global Rate Cuts

 

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In a flurry of activity gripping world markets, banking stocks are expected to rise as global interest rates fall. The Bank of Thailand (BoT) has taken centre stage, signalling another potential rate cut in December. Recently, the BoT surprised markets with a 25 basis point reduction to 2.25%, the first decrease in over four years. This move echoes similar actions by Indonesia and the Philippines, amplifying the trend across Asia.

 

Full Story: https://aseannow.com/topic/1341291-banking-stocks-poised-to-surge-amid-global-rate-cuts/

 

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Thailand Book Expo Draws 1.4 Million, Breaking Attendance Records

 

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The 29th Annual Thailand Book Expo in Bangkok wrapped up on a high note yesterday, smashing attendance and sales records with an impressive turnout of 1.4 million visitors. The event, which took place over two weeks at the Queen Sirikit National Convention Centre, generated sales surpassing 438 million baht, highlighting the Thai population's growing enthusiasm for literature.

 

Full Story: https://aseannow.com/topic/1341292-thailand-book-expo-draws-14-million-breaking-attendance-records/

 

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Thailand to Launch Esports Boom with Global Gaming Giants' Aid

 

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Thailand is making a major push to enhance its esports industry by partnering with leading global gaming companies. The initiative, spearheaded by Deputy Prime Minister Prasert Jantararuangtong, aims to strengthen manpower skills in this burgeoning sector.

 

Full Story: https://aseannow.com/topic/1341293-thailand-to-launch-esports-boom-with-global-gaming-giants-aid/

 

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Govt Issues Retry Payments for Incomplete Disability Card Holders

 

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In a concerted effort to boost economic activity, the Ministry of Finance has begun the distribution of 10,000 baht digital payments as part of the 2024 economic stimulus plan. This relief targets vulnerable populations, including those with state welfare cards and persons with disabilities.

 

Full Story: https://aseannow.com/topic/1341294-govt-issues-retry-payments-for-incomplete-disability-card-holders/

 

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Newin Rejects Thaksin's Casino Plan for Thailand

 

Picture courtesy: Sanook

 

In a significant political development, Newin Chidchob, a key political figure in Thailand, has openly dismissed Thaksin Shinawatra's proposal to legalise casinos. This decision came out during a private discussion between these two influential persons earlier this month.

 

Full story: https://aseannow.com/topic/1341295-newin-rejects-thaksins-casino-plan-for-thailand/

 

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Gamer-Turned-Arsonist Blames Mobile Addiction for Bangkok Frenzy

 

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In a gripping turn of events, Bangkok police have captured Panthap, a 44-year-old man accused of setting ablaze three vehicles, following a chaotic standoff where he wielded a knife at officers. The frenzy unfolded after Panthap, reportedly addicted to the mobile game ROV, took his frustrations out by torching the cars early on 20th October in Phasi Charoen district, prompting an extensive police manhunt.

 

Full Story: https://aseannow.com/topic/1341297-gamer-turned-arsonist-blames-mobile-addiction-for-bangkok-frenzy/

 

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Bangkok-Vientiane Rail Addition: SRT Responds to Demand Surge

 

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Over 13,000 travellers have taken the Bangkok-Vientiane rail route since its launch in July, prompting the State Railway of Thailand (SRT) to boost capacity by adding an extra carriage. SRT Governor Veeris Ammarapala announced on October 20th that a meeting with Lao National Railway's chief followed a recent freight-focused memorandum. This collaboration aims to enhance cross-border transport, both in passenger journeys and freight services.

 

Full Story: https://aseannow.com/topic/1341298-bangkok-vientiane-rail-addition-srt-responds-to-demand-surge/

 

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Abbot's Tragic End Sparks Urgent Fraud Investigation in Ayutthaya

 

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In a deeply distressing turn of events, the abbot of a temple in Sena district, Ayutthaya, has been found dead, leaving behind a note outlining his anguish over financial betrayal by a supposed benefactor. The 68-year-old abbot's death has prompted local police to swiftly investigate the alleged fraud, which involved a considerable sum of 650,000 baht.

 

Full Story: https://aseannow.com/topic/1341300-abbots-tragic-end-sparks-urgent-fraud-investigation-in-ayutthaya/

 

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Thailand's Deep South Unrest: Tak Bai Deadline Drives Urgency

 

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In Thailand's troubled Deep South, House Speaker Wan Muhamad Noor Matha raised alarms over the persistent unrest as the deadline for the 2004 Tak Bai massacre case approaches. With the statute of limitations expiring on 25th October, authorities are under intense pressure to arrest suspects or risk them evading justice permanently.

 

Full Story: https://aseannow.com/topic/1341301-thailands-deep-south-unrest-tak-bai-deadline-drives-urgency/

 

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Yingluck Shinawatra Promotes Thai Cuisine from London

 

Picture courtesy: Matichon Online

 

Yingluck Shinawatra, the former Prime Minister of Thailand, has recently highlighted her love for northern Thai cuisine through a Facebook post.

 

Full story: https://aseannow.com/topic/1341304-yingluck-shinawatra-promotes-thai-cuisine-from-london/

 

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Pattaya mat rental operator arrested for threatening official with knife - video

 

Photo via SiamRath

 

Police today arrested a mat rental operator who threatened a municipal official with a knife after being warned not to offer the service on Pattaya Beach.

 

Full Story: https://aseannow.com/topic/1341307-pattaya-mat-rental-operator-arrested-for-threatening-official-with-knife-video/

 

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Police seek 3 suspects for dumping woman’s body near cassava farm

 

Photo via Matichon

 

Police are searching for two suspicious women and a man who dumped the corpse of an unidentified woman near a cassava farm in the central province of Uthai Thani yesterday.

 

Full Story: https://aseannow.com/topic/1341308-police-seek-3-suspects-for-dumping-woman’s-body-near-cassava-farm/

 

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2 Thai men wanted for staging accident, assaulting victim for cash

 

Photo via DailyNews

 

Police are searching for two Thai men who allegedly staged a road accident in Nonthaburi province near Bangkok before brutally assaulting a food delivery rider and stealing 1,500 baht in cash from him.

 

Full Story: https://aseannow.com/topic/1341309-2-thai-men-wanted-for-staging-accident-assaulting-victim-for-cash/

 

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Sisaket beauty sets Facebook afire with search for Mr Right criteria

 

Picture courtesy of KhaoSod

 

An open audition for love has captivated the virtual world as one Sisaket beauty took to Facebook Live, laying down eight non-negotiable criteria in her hunt for Mr Right. Despite overwhelming social media buzz, Sayamon Unkam, known affectionately as Alice, is resolutely sticking to her structured love list, having learned the lessons of heartbreak by simply following her heart.

 

Full Story: https://aseannow.com/topic/1341310-sisaket-beauty-sets-facebook-afire-with-search-for-mr-right-criteria/

 

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Pattaya Immigration Raid Clears Illicit Migrant Solicitation Ring

 

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In a determined effort to address concerns in Pattaya, Chon Buri immigration officers intensified their crackdown on illegal migrants this weekend. The initiative began after an Arab restaurant owner on Soi 17, South Pattaya, reported that a group, allegedly from Myanmar, was harassing customers by soliciting money and even stealing food.

 

Full Story: https://aseannow.com/topic/1341313-pattaya-immigration-raid-clears-illicit-migrant-solicitation-ring/

 

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BMA Urged to Settle £4.5M in Overdue Land Lease Fees

 

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The Bangkok Metropolitan Administration (BMA) faces pressure to resolve a 197.9 million baht (£4.5 million) backlog in land lease fees, per a formal request from the Rural Roads Department. This sum includes costs for using portions of Ratchaphruek Road and constructing two electric railway lines.

 

Full Story: https://aseannow.com/topic/1341314-bma-urged-to-settle-£45m-in-overdue-land-lease-fees/

 

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Thai Woman Arrested for Role in Call Centre Scam, Money Laundering

 

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A 50-year-old Thai woman, Laksamee, was arrested in Bangkok for her involvement in a call centre scam and money laundering scheme. Her capture follows her release from a foreign prison after serving time for similar crimes. The arrest, made in Prawet, came as a result of a Criminal Court warrant issued in June 2018.

 

Full Story: https://aseannow.com/topic/1341315-thai-woman-arrested-for-role-in-call-centre-scam-money-laundering/

 

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Thailand Promotes Local Tourism Amid Economic Challenges

 

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The Tourism Authority of Thailand (TAT) is rolling out creative initiatives to boost domestic tourism for the final quarter of 2024. Despite economic constraints, household debt, and localised flooding, TAT’s Deputy Governor for Marketing Communications, Nithee Seeprae, remains optimistic about encouraging travel and increasing spending.

 

Full Story: https://aseannow.com/topic/1341316-thailand-promotes-local-tourism-amid-economic-challenges/

 

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to continue:

 

Thailand Live Tuesday 22 October 2024 
https://aseannow.com/topic/1341306-thailand-live-tuesday-22-october-2024/