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Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
In tghe chart you are posting, you have the Dow Jones Futures, but Nasdaq and S&P show the closing number of yesterday. But even though you circled it, you do know that, right? -
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Bidding farewell
Pattaya is for wallowing in perversion once and then telling your friends all about the real Thailand on message boards Why would anyone retire there. -
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Investors are stunned after the stock market closed its worst quarter in 3 years
Yes I think I confused you with someone else. Apologies -
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Family Feud Over Inheritance Leads to Assault in Surat Thani
oh dear ' Thai families fighting over money ... Lol I thought they were peace loving numpties !! but in reality they are just greedy pigs. -
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Thailand’s Earthquake Damage: 34 Buildings Deemed Unsafe After National Checks
A traffic policeman manages the traffic after it opens for public at the site of an under-construction high-rise building that collapsed after an earthquake in Bangkok, Thailand, Wednesday, April 2, 2025. (AP Photo/Manish Swarup) In the wake of a recent earthquake, inspectors have flagged 34 buildings across Thailand as severely damaged, rendering them off-limits for safety reasons. A sweeping national inspection was carried out by the Department of Public Works and Town and Country Planning (DPT) and the Bangkok Metropolitan Administration (BMA), covering an impressive 3,375 buildings. Thankfully, a vast majority of 3,130 structures passed the safety checks, while an additional 211 showed moderate damage. Checks spanned from March 28 to April 1, sorting buildings into three key categories. The first group focused on government structures like public hospitals, schools, and offices in Bangkok, scrutinised by the DPT, Council of Engineers, and volunteer experts. Meanwhile, the private sector’s towering high-rises, hotels, condos, and bustling shopping malls fell into the second group, each independently required to run their own post-quake checks. Residences, commercial spaces, and other general buildings in Bangkok comprised the third category under direct oversight by the BMA. In the provinces affected by the temblor, the DPT marshaled local engineers and volunteer inspectors to assess the situations. With 2,600 certified inspectors registered online, public consultation was urged to ensure thorough safety checks. Interior Minister Anutin Charnvirakul has enacted powers under the Building Control Act of 1979, necessitating all building owners to undergo inspections. The BMA has proactively reached out to 11,000 private proprietors, urging them to follow through—112 have completed these checks so far. And, as concerns mount, Traffy Fondue, BMA’s complaint system, reveals a surge of 15,514 safety reports, with a commendable 13,612 resolved. For ongoing concerns, the DPT has initiated a 24-hour hotline as a lifeline for safety updates, available 24 hours a day at 1531, 02-299-4191 and 02-299-4312. Based on a story by Bangkok Post -- 2025-04-03 -
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Chinese Firm in Government Projects Under Investigation for Proxy Shareholdings
Picture courtesy of Daily News The Department of Special Investigation (DSI) has launched a probe into China Railway No.10 Engineering Co (CREC) after suspicions arose about Thai nominees holding proxy shares in the company. This development follows the collapse of the State Audit Office building in Bangkok last Friday. Justice Minister Tawee Sodsong revealed on Wednesday that the company, which should be majority-owned by Thais under law, might be using nominees to skirt ownership regulations. Aside from the State Audit Office fiasco, CREC is involved in several key government projects. These include a new passenger terminal at Narathiwat airport, a housing project in Phuket, and various infrastructure developments around Bangkok. The construction sector is keenly watching the unfolding investigation, which now also questions whether the firm's materials met industrial standards. DSI's investigation will extend to other projects handled by CREC and its Chinese engineers. These include a number of major government contracts from 2019 to 2022 such as a school building at Wat Amarintararam in Bangkok, a dormitory at Phuket Rajabhat University, and a provincial government complex in Phrae. The outcome could impact future collaborations and trust in foreign companies. On Wednesday, immigration police raided a property in the Din Daeng district, believed to be linked to CREC. They discovered two Chinese nationals, eight Thais, and a Toyota vehicle associated with the company in the sparsely furnished house. As the case unfolds, it raises questions about business ethics and compliance in Thailand's construction industry. Following the State Audit Office collapse, the ITD-CREC consortium insisted their construction materials adhered to all standards. They assured that procurement and building processes met project requirements, relevant laws, and engineering guidelines. Meanwhile, the Office of the Judiciary confirmed that construction for the Court of Appeal Region 9 and Min Buri’s civil and criminal courts followed respective standards. The DSI's findings will reveal the extent of any compliance breaches, impacting future project alignment and foreign partnerships in Thailand’s construction landscape. Based on a story by Bangkok Post -- 2025-04-03
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