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THAILAND LIVE Thailand Live Thursday 17 July 2025
Thailand's Digital Baht Plan Targets Big-Spending Tourists Picture courtesy of Business World Thailand is seizing the crypto trend by letting tourists spend their digital coins directly on everything from pad Thai to plush resorts. Full story: https://aseannow.com/topic/1366928-thailands-digital-baht-plan-targets-big-spending-tourists/ -
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Economy Thailand's Digital Baht Plan Targets Big-Spending Tourists
Picture courtesy of Business World Thailand is seizing the crypto trend by letting tourists spend their digital coins directly on everything from pad Thai to plush resorts. The Securities and Exchange Commission (SEC) and Bank of Thailand (BoT) are introducing a crypto sandbox programme to enhance tourism and pump fresh cash into the local economy. On July 15, Anek Yuyuen, SEC's Deputy Secretary General, revealed that this initiative will enable visitors to transform their digital assets into Thai baht for smooth spending. “This project will help support economic recovery and strengthen our tourism sector,” Yuyuen stated. Tourists will create accounts with licensed digital operators under strict regulation from the SEC, transacting through e-money providers monitored by the BoT. Adherence to stringent anti-money laundering checks via Know Your Customer (KYC) protocols is mandatory for all. With a monthly spending cap of 50,000 baht on the Thai QR Code system, visitors can easily pay small merchants. Merchants who undergo additional verification can accept payments up to 500,000 baht per month. This sandbox initiative is a strategic move to position Thailand as a prime destination for digital asset enthusiasts. Holding the highest cryptocurrency ownership in Asia, Thailand ranks fifth globally. Recent data highlights the potential benefits: In 2024, Thailand welcomed 35.54 million tourists, generating 1.67 trillion baht. Despite recovery, these numbers are shy of the 1.91 trillion baht from 2019. Officials believe streamlined crypto spending could bridge this gap, according to The Nation. “This initiative is expected to enhance Thailand’s appeal for digital-savvy tourists,” Yuyuen explained, adding that public consultation will run until August 13. Merkle Capital's Investment Advisor, Woramet Chanseng, praised the sandbox as a step toward establishing Thailand as a digital asset hub. “The experiment opens the door for fresh capital inflows, increasing baht demand,” he commented. “It might also pave the way for a future digital baht.” Nevertheless, Woramet cautioned that hurdles such as complex verification processes for travellers and merchants persist. Should the sandbox succeed, officials anticipate Thailand will emerge as a major player in the global digital economy. Adapted by ASEAN Now from The Thaiger 2025-07-17 -
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THAILAND LIVE Thailand Live Thursday 17 July 2025
Thai Woman Flees South Korean Man After Cannabis Gummy Incident Picture courtesy of Facebook/ ข่าวสารชลบุรี In the wee hours of this morning, chaos erupted in Pattaya as a Thai woman managed to escape a South Korean man after being forced to consume cannabis gummies. The 25-year-old, identified only as Bew, was found visibly intoxicated and distressed outside a convenience store on Pattaya Sai Song Road at 3:36 am. Full story: https://aseannow.com/topic/1366927-thai-woman-flees-south-korean-man-after-cannabis-gummy-incident/ -
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Thai Woman Flees South Korean Man After Cannabis Gummy Incident
Picture courtesy of Facebook/ ข่าวสารชลบุรี In the wee hours of this morning, chaos erupted in Pattaya as a Thai woman managed to escape a South Korean man after being forced to consume cannabis gummies. The 25-year-old, identified only as Bew, was found visibly intoxicated and distressed outside a convenience store on Pattaya Sai Song Road at 3:36 am. Mueang Pattaya Police swiftly responded to the scene after alarmed locals spotted Bew. She appeared marginally coherent, trembling, and unable to communicate. Originally from Songkhla, Bew had relocated to Pattaya to work in the entertainment industry. Officers quickly provided her with an inhaler and some fresh water, helping her regain enough composure to explain the night's troubling events. Bew recounted that the ordeal began when she accompanied a South Korean client to a nearby condominium. Enticed to smoke cannabis three or four times, Bew was then given cannabis gummies. The situation soon spiralled as she experienced dizziness and nausea, prompting her to demand to go home. When her pleas were ignored, she bravely escaped the premises, seeking aid from passers-by. After receiving assistance from locals, police took Bew to a hospital for a medical evaluation. Despite her safe return home following the examination, the South Korean man faces no legal consequences for his actions. Authorities encouraged Bew to revisit the police station if she wishes to press charges. While the immediate crisis has been resolved, this incident highlights potential dangers in the recreational drug scene in Pattaya. It shines a light on the significant risks posed by cannabis products when consumed without consent or understanding. The police's prompt action ensured Bew's safety, but the situation emphasises the need for awareness and caution. As of now, the incident remains an unsettling reminder of the vulnerabilities faced by individuals within entertainment hubs. No charges have been filed against the South Korean man, leaving the path open for potential legal proceedings depending on Bew’s decision. The case underlines the importance of monitoring and regulating the use and distribution of cannabis-infused products. Adapted by ASEAN Now from The THaiger 2025-07-17 -
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Report Race Against Time: Bangkok May Be Below Sea Level by 2030
It doesn't work like that. 30 cm higher need 120cm dikes, 50 cm higher needs 200cm higher dikes. There is moonfases, rotations surges and storms that will more than triple the need of barriers hight -
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THAILAND LIVE Thailand Live Thursday 17 July 2025
Coway Clears Air After Thai Celebrity’s Purifier Bacteria Claim The water purify model that Chanya uses. | Photo via Facebook/ Coway Thailand Coway, the renowned water purifier brand, has reassured customers of its product quality following a claim by Thai celebrity Chanya Tamada that her purifier’s water contained coliform bacteria. Chanya aired her concerns on Facebook, alleging the water from her Coway device fell short of advertised standards. Full story: https://aseannow.com/topic/1366926-coway-clears-air-after-thai-celebrity’s-purifier-bacteria-claim/
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