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- Thailand Unveils 10-Year Visa to Attract Top Global Talent
In a bid to transform its Eastern Economic Corridor (EEC) into a bustling industrial hub, Thailand’s government has introduced a groundbreaking 10-year visa aimed at attracting top-tier professionals and experts from around the world.
The new EEC visa, endorsed by the Thai Cabinet, stands as a strategic move to draw skilled individuals into the country’s key industries, according to Deputy Government Spokeswoman, Rudklao Intawong Suwankiri.
Visa Perks and Tax Benefits
This innovative visa allows for a five-year stay with the possibility of extension, along with multiple entries, depending on the length of the employment contract. It's designed around four core categories: specialists, executives, professionals, and their families.
Adding to its allure, the government has introduced a competitive personal income tax cap of 17% for those who decide to live and work in the EEC. This figure is a significant reduction from Thailand’s existing top tax rate of 35%, highlighting the nation’s commitment to boosting its economic outlook.
“The EEC visa aims to enhance national competitiveness by promoting the country’s target industries. It is expected to attract global experts and contribute significantly to the development of the EEC,” said Rudklao.
Agricultural Advancements on the Horizon
In tandem with the introduction of the new visa, Prime Minister Srettha Thavisin has directed the Agriculture and Cooperatives Ministry to formulate an extensive plan to modernise Thailand’s agricultural infrastructure. The goal is to transform the nation into a leading agricultural and food production hub, potentially tripling local farmers’ incomes.
Government Spokesman Chai Wacharonke added that this directive aligns with Thailand's aspiration to become a global agricultural centre, enhancing food security worldwide. The detailed strategy is expected by month’s end, with rapid implementation to follow in June.
The comprehensive plan will focus on developing Thailand as a plant genetics centre, improving agricultural water management, promoting soil health, and using satellite technology to combat agricultural burning.
“Detailed project plans should be ready by the end of May, with substantial action commencing immediately thereafter,” said Chai.
Strengthening International Ties
Further cementing its agricultural ambitions, the Thai Cabinet has approved a memorandum of understanding to enhance agricultural collaboration with Saudi Arabia. This move underscores Thailand’s commitment to achieving its agricultural and economic goals on the international stage.
TOP Picture for reference only. Courtesy of Gwengoat via iStock
-- 2024-05-15
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15 May 15 20241327302 - Outrage in Thailand: Boy Claims to Be Buddha’s Son in Bizarre Scam
Picture courtesy: MGR
The Thai Central Investigation Bureau has received a formal complaint against an eight-year-old boy, dubbed "Nong Nice," who is at the centre of a scandalous claim of being the reincarnated son of Lord Buddha, possessing magical powers to "connect people’s minds".
The complaint, lodged on Monday by an assembly of prominent social critics, accuses Nong Nice and eight others of breaching the Computer Crime Act, Donation Soliciting Act, and Child Welfare Protection Act. The complainants urged immediate action from the National Office of Buddhism, alleging that the "mind connection" office and its website are spreading false information.
Leading the charge are Ananchai Chaiyadet, lawyer; Praiwal "Peary" Wannabut; Thankhun Jitt-itsara; and Khun Ton Or, founder of the Be One Foundation. They also demanded the Sangha Council, which governs Thailand’s Buddhist order, to enforce stricter regulations to prevent distortions of Buddhist teachings.
Ananchai Chaiyadet expressed concerns that the boy’s parents are possibly behind this scheme, exploiting Nong Nice by claiming he is the reincarnated son of Lord Buddha with mystical powers linked to the naga, a mythical Thai serpent. "As a law-abiding citizen, it’s my duty to protect Buddhism from such distortions," he stated.
Thankhun Jitt-itsara highlighted that numerous victims have come forward, yet their cries for justice have been ignored. "People need to know that this is a sham," he added. Meanwhile, Khun Ton Or criticised the Ministry of Social Development and Human Security for their lack of action in halting Nong Nice’s dubious practices.
Despite filing multiple complaints with various authorities, including the police and the National Office of Buddhism, no substantial action has been taken, according to the Be One Foundation. Or Rak Khamram, self-identified victim and former attendee of a "mind connection" course, confirmed suspicions by revealing it to be a complete fraud.
As this case unfolds, public scrutiny and demands for stricter regulations are likely to intensify, putting significant pressure on Thai authorities to respond effectively.
-- 2024-05-15
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14 May 14 20241327286 - Embattled Move Forward Party Given another Lifeline by Constitutional Court
In an unprecedented turn of events, the Constitutional Court has bestowed a respite on the beleaguered Move Forward party. Today, they granted a third and final 15-day extension, lasting until 2nd June, for the party to prepare its defence against the Election Commission's call for the court to dissolve it.
The Move Forward Party, already found guilty by the court of attempting to overthrow the constitutional monarchy, will utilise the period to challenge the Electoral Commission's recommendation. The party is being accused of seeking to undermine the monarchy through its campaign promise to revise the infamous Section 112 of the Criminal Code, otherwise known as the lèse majesté law.
It's worth noting that the court stopped short of ordering an outright dissolution of the party. This noteworthy detail is in line with Section 92 of the Political Parties Act. No request for the party's dissolution was filed by the complainants, notably lawyer Theerayut Suwankesorn and Suvit Thongprasert, erstwhile activist monk Phra Buddha Issara.
This ruling injects a fresh bout of uncertainty into the already tumultuous political arena, leaving citizens and political pundits hooked on the unfolding drama. Whether the Move Forward Party can seize this lifeline to secure its political future, or if it proves to be another step towards its inevitable dissolution, remains, for the moment, a tantalising cliffhanger.
Photo courtesy of Thai PBS
-- 2024-05-15
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15 May 15 20241327344 - "Back To School 2024" Campaign Receives Boost Following Positive Response
Following overwhelming positive feedback from the public, the "Back To School 2024" campaign organised by the Ministry of Commerce, has sprung into action. With targeted efforts in Nonthaburi, Pathum Thani, and Bangkok, the campaign has sparked buying interest and significantly increased sales, resulting in a buzzing shopping atmosphere.
Local malls seem to be the epicentre of the campaign. CentralPlaza WestGate in Nonthaburi witnessed a robust participation from stores, each offering attractive deals on diverse products - from books and stationery to food and consumer goods. B2S stores, OfficeMate, Power Buy, Supersports, and Tops tapped into the spirit of the campaign, slashing prices and raising the discount bar.
Meanwhile in bustling Bangkok, Suksapanpanit stores are providing comprehensive discounts from school uniforms and textbooks to socks and teaching aids. This generous approach towards educational discounts is proving to be an excellent aid to parents, students, and schools by minimising their expenses.
Keeping up the momentum, "Do Home" mall in Pathum Thani, which primarily focuses on home decor and furnishings, has also embraced the campaign. The mall offers a variety of back-to-school essentials at discounted prices, thus looking to ease the strain on parents and students as they prepare for the new academic year.
Following the policy outlined by the Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai, the "Back To School 2024" campaign is a welcomed financial relief for parents. Running from the 25th of April till the end of this month, it features over 8,000 discounted items across 12 different categories.
For a comprehensive understanding of the initiative and additional details, the public is urged to visit the Department of Internal Trade's website at “dit.go.th.” This campaign’s success is shaping up as a promising indicator for similar initiatives in the future.
File photo for reference only. Courtesy of Google
-- 2024-05-15
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15 May 15 20241327346 - Thailand Live Wednesday 15 May 2024
In a chilling incident yesterday, a tragic accident in Sukhsiri Village, East Pattaya has claimed the life of an Estonian toddler. Little Filipp Naumov, no more than three years old, was fatally wounded when he encountered an unfortunate accident involving a vehicle while crossing the road. Despite emergency services' swift response to administer life-saving attempts, the child tragically succumbed to a severe head injury.
Devastating Pattaya Road Accident Claims Life of Estonian Toddler
Full Story: https://aseannow.com/topic/1327267-devastating-pattaya-road-accident-claims-life-of-estonian-toddler/
Photo courtesy of The Thaiger
14 May 14 20241327280 - Detained Political Activist Nethiporn Suffers Cardiac Arrest Amid Hunger Strike
The day has taken a daunting turn as Nethiporn, a high-profile political activist from the Thaluwang Group, infamously known as Bung, suffered a medical crisis while in detention. This morning, she experienced a cardiac arrest and is currently undergoing medical treatment at Ratchadon Hospital where the medical team is relentlessly attempting to stabilise her frail condition.
Nethiporn, associated with the Thaluwang Group, was arrested and incarcerated at the Central Women’s Correctional Facility since January 26th for her political activities. She is notably known for her rebellious stance after being jailed for contempt of court by the South Bangkok Criminal Court. In a bold move displaying her undeterred spirit, Nethiporn announced a hunger strike on January 27th, which notably expanded to involve four additional detainees by April 9th, according to the Human Rights Lawyers Centre.
The exact circumstances leading to her sudden heart failure have not been disclosed, keeping onlookers and concerned parties on tentacles. Yet, it leaves room for speculation if the prolonged hunger strike orchestrated by her could have contributed to her compromised health, thereby leading to this adverse cardiac event.
This incident has inevitably cast a spotlight on the medical preparedness within prison facilities to handle such critical emergencies. It elucidates the fragile health conditions of incarcerated individuals, raising immediate concerns about their undeniable right to timely and adequate healthcare.
Nethiporn's precariously balanced health condition has garnered significant attention, not only due to her noted political presence but also owing to the larger questions it raises about healthcare conditions in detention centres. This incident uncovers crucial human rights issues within the nation's political and judicial spheres, opening up thought-provoking discussions about the treatment of detainees and their health while under custody.
Photo courtesy of The Thaiger
-- 2024-05-14
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14 May 14 20241327252 - Paetongtarn Shinawatra Champions Transgender Rights for World Pride 2030
Thailand's commitment to promoting inclusivity and acceptance has been given a valuable endorsement by Paetongtarn Shinawatra, leader of the Pheu Thai Party. As the nation gears up to bid for World Pride 2030, the party has announced plans to support legislation recognising the rights of transgender individuals.
Paetongtarn unveiled the proposal at a buzzing event at Siam Discovery shopping centre recently, where she announced the party is firmly advocating for transgender rights. She also detailed the schedule for this year's Pride Month festival, set to kick off on May 31.
This supportive stance and commitment fly in the face of recent setbacks, notably a gender recognition bill proposed by the opposing Move Forward Party. The bill was defeated in February this year with 256 votes against it, 152 in support, and one abstained. Critics of the bill deemed it "extreme", resulting in vocal opposition from many MPs.
Unruffled by these choppier legislative waters, the Pheu Thai Party continues its pursuit of equality for all. Its stance follows in the footsteps of predecessor parties Thai Rak Thai and People Power Party, both strong advocates of LGBTQ+ rights.
A glimmer of hope shone on March 27 for equality advocates when a marriage equality law was passed in the House of Representatives under the stewardship of the Pheu Thai-led government. Expressing optimism, Paetongtarn believes the law will receive Senate's approval, moving towards effectuality later this year.
In tandem, the Thailand Convention and Exhibition Bureau is plotting efforts to secure the host role for World Pride 2030. Their hopeful bid illuminates Thailand's dedication to progress and inclusivity, reflecting the sentiments of many citizens and their readiness to adopt a modern, accepting stance.
File photo for reference only. Courtesy of Google
-- 2024-05-15
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15 May 15 20241327335 - Thai Airways Offloads Boeing and Airbus Jets in Slimdown Effort
BANGKOK-THAILAND: In a strategic move towards financial recovery, Thai Airways International (THAI) has successfully sold its entire fleet of 18 decommissioned aircraft. This fleet includes a mix of six Boeing 777-200s, six Boeing 777-300s, and six Airbus A380s.
CEO Chai Eamsiri revealed that contracts for the sale of all 18 aircraft were finalised on 12th May. The paperwork for six of these jets has already been completed, with the remaining dozen soon to follow.
While the sale has infused some much-needed funds into the airline, it did incur a non-cash impairment charge amounting to 3.33 billion baht. This significantly dented THAI’s net profits for the first quarter of 2024.
Despite the financial hit, THAI reported a 10.7% increase in total revenue for Q1 2024, reaching 45.9 billion baht compared to the same period last year. The uptick was fuelled by robust passenger numbers and higher ticket prices on routes to Europe, Australia, and Japan.
However, the company also saw a sharp 22.5% rise in total expenses, climbing to 34.88 billion baht. This was largely due to increased flight operations, more destinations, and a higher volume of passengers. Additional costs arose from the baht's depreciation and escalating ground handling fees and raw material prices.
Exchange rate fluctuations alone resulted in a loss of 5 billion baht, while impairments related to aircraft and aviation equipment exceeded 3 billion baht. These factors culminated in a net profit of just 2.42 billion baht, marking an 80.7% decrease from the same quarter last year.
As of 31st March, THAI’s active fleet comprises 73 aircraft, an increase from 70 at the end of 2023. The expanded fleet is enabling the airline to boost frequencies on high-demand routes, which is expected to further enhance revenue in the coming quarters.
Top file photo: Thai Airways, Boeing 777-200, courtesy Wikipedia
-- 2024-05-15
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15 May 15 20241327292 - Bad News For Weed Shops: Potent Cannabis Poses Mental Health Risks
Somsak Thepsutin, the recently appointed Minister of Public Health, is stepping into his role following Prime Minister Srettha Thavisin's decision last Wednesday. He has pledged to listen to the perspectives of all parties involved. File photo courtesy: Thai PBS
The verdict is in: frequent use of powerful cannabis poses serious risks to mental health, casting a shadow over pot shops nationwide.
Thailand's booming marijuana market is facing a turbulent tide as Thailand's Prime Minister issued a decisive order for a crackdown following escalating health concerns and public outcry to shutter these establishments.
Despite vocal protests from pro-cannabis advocates demanding concrete scientific evidence linking marijuana to mental health issues, the facts speak for themselves.
Reports from hospitals and emergency wards across Thailand paint a concerning picture, corroborated by decades of rigorous scientific research. Studies from respected institutions like the National Institute on Drug Abuse and The Lancet Psychiatry leave little room for doubt.
Cannabis, while not solely responsible, has been consistently linked to the onset of psychosis, mental disorders, and even more severe conditions. Alarmingly, suicidal thoughts are reported among regular users as well.
Adding to the mounting evidence, a March 2023 study by North Shore University in New York highlighted that THC, the primary compound in cannabis, triggers inflammation, significantly elevating the risk of cardiovascular disease.
In response to growing public apprehension, Pheu Thai MPs have rallied their grassroots supporters, advocating for the reclassification of cannabis as a scheduled narcotic. This sentiment is echoed by disillusioned farmers who have witnessed a dramatic decline in profits since the liberalization of cannabis in 2022.
As tensions escalate, it appears that the aggressive pushback from pro-marijuana factions may have unintended consequences.
The controversy comes hot on the heels of a recent drug summit at Government House, culminating in Prime Minister Srettha Thavisin's resolute directive to reclassify cannabis as a scheduled narcotic by year's end.
Unsurprisingly, this decision has triggered a wave of anger and discontent within the burgeoning cannabis sector, signaling turbulent times ahead for Thailand's pot industry.
-- 2024-05-14
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14 May 14 20241327221 - Superrich Struggles as Savvy Tourists Opt for Travel Cards
Picture courtesy: Facebook Superrich
Renowned for its iconic orange brand, Superrich Currency Exchange (1995) Co is facing challenging times. Despite an influx of foreign visitors, transaction growth has flatlined in the first four months of this year, with the rise of travel cards signaling a shift in tourist preferences.
Superrich, a household name in currency exchange, saw its 2023 transaction volume remain steady at 32 billion baht (approximately £728 million), mirroring figures from last year. However, this stagnation has cast a cloud over the company's 2024 outlook. President and CEO Piya Tantivachyanon pointed to the growing lean towards digital payments as the primary culprit.
"Tourism has picked up, both outgoing and incoming. However, tourists are now favouring travel cards over traditional cash exchanges," said Piya.
This change poses a challenge for Superrich, deeply rooted in cash transactions. The company now projects a significant drop in net profit to around 100 million baht (approximately £2.3 million) in 2024, down from over 200 million baht (approximately £4.6 million) in previous years.
Efforts to branch into the travel card market have been thwarted by regulatory hurdles. Despite engaging in talks with the Bank of Thailand, travel cards remain exclusively within the purview of banks as debit card services, presenting a major setback for Superrich.
In a bid to stay relevant, Superrich has secured an e-wallet licence from the central bank and is in the final stages of testing this digital system. The company aims to launch its e-wallet service by the end of 2024, enabling transactions via QR codes and cash cards at their physical outlets.
"We are transitioning towards digital services and a cashless society. Superrich must evolve to keep up with the digital age," Piya explained.
Superrich has invested approximately 100 million baht in digital technology over recent years, but these changes have also led to a slowdown in their physical expansions, which currently stand at 34 outlets.
Meanwhile, regional competitor YouTrip – Southeast Asia’s top multi-currency digital payments platform – exemplifies the digital shift’s potential. Since its 2018 debut in Singapore, YouTrip has handled payments worth £7.8 billion via its travel card and boasted a remarkable 180% increase in payments and profitability in 2023 compared to the prior year.
This growing trend towards digital solutions leaves traditional money changers like Superrich facing an uncertain future, prompting a necessary pivot to adapt to the evolving market dynamics.
-- 2024-05-15
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15 May 15 20241327305
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