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DSI discovers hundreds of false luxury car claims
The Department of Special Investigation (DSI) inspected 384 luxury cars on Tuesday and found 301 of them had been falsely declared as being locally reassembled. The DSI plans to inspect a total of 548 imported cars, each costing more than 4 million baht on suspicion of tax evasion. Vehicles that are locally reassembled are subject to a lower import tax rate than those that arrive in complete ...
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SET index opens up 1.93 pts 0.13 pct
Thai composite stocks index (SET) opened on Tuesday at 1,471.97, up 1.93 pts, or 0.13 per cent in line with most regional shares. is morning. Blue chip SET-50 index was at 982, up 0.83 point, or 0.09 per cent. Top five most active (value) stocks: JAS, NWR, ADVANC, DEMCO, CK. The ...
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Kiwi found dead in Thai hotel
Source: Close Up Thai police are speculating that a Dunedin-born man found dead in his apartment in the beach resort city of Pattaya may have suffered from an acute medical problem which caused him to collapse. Alan Patrick Mouncey, 38, was carrying a British passport, the Pattaya People newspaper reported. Mouncey was found dead in his third-floor apartment on Monday afternoon. He had booked ...
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Bangkok Insiders Guide Why The Siam Hotel Sets A New Luxury Standard
suspects. They are easy to pick out of a line-up--a high-rise city hotel run by an international brand (Mandarin Oriental, Peninsula)--and easy to find, as most of them are ensconced along the Chao Praya River, many in the vicinity of Silom Road. I don't mean to imply that they're run of the mill; many of them are among the best city hotels in the world. It's simply that ...
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Soccer team slammed over loss to Thai...
The Chinese national soccer team's loss to Thailand Saturday has triggered nationwide criticism, with many Chinese furious at the humiliating performance of the team, which has received massive public funds and which many fans had high expectations of. The team was thrashed 5:1 in a friendly match with Thailand, after losing 2:1 to Uzbekistan on June 6 and 2:0 to Holland Wednesday. The ...
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Operators may pool resources
State-run free-TV operators may form a joint venture to operate a network for digital TV together now that the regulator has granted them licences. The National Broadcasting and Telecommunications Commission (NBTC) issued the network operator licences to the Royal Thai Army, which operates Channel 5; MCOT Plc for Channel 9; the Public Relations Department for Channel 11; and Thai PBS, the ...
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KCE allots B4.7bn for plant
The SET-listed KCE Electronics Plc, one of the largest printed circuit board (PCB) manufacturers in Southeast Asia, plans to more than double its production capacity by building a 4.67-billion-baht factory in Bangkok's Lat Krabang district. Managing director Bancha Ongkosit said the new factory, with a production capacity of 2 million square feet a month, will serve rising demand from ...
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BoT signals a pause after cut
The Bank of Thailand says it will maintain balance on growth and financial stability risks, implying that it could stand pat at the upcoming policy rate call on July 10 after a 25-basis-point cut for the first time this year at the May 29 meeting. Risks to financial stability incurred from the double-digit percentage growth in credit and rising household debt along with downside growth are ...
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Focus on Fresh-Cut logistics
Think fresh, Think Asian food. Fresh and healthy are the magic ingredients which make many Southeast Asian dishes a healthy mix of light and refreshing flavours with few added fats. The variety of fresh-cut produce supplied daily through local wet markets and modern trade supermarkets is impressive. One challenge, however, is food safety compliance with products sourced from neighbouring ...
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Manulife stays the course on Thai stocks
Manulife Asset Management, the leading Canadian asset management firm, is neutral on the Thai stock market while underweighting Asean bourses, noting that currency is a risk for the region due to capital ...
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SET predicts 30 uptick in trading volume
The Stock Exchange of Thailand (SET) will likely be more active this year, with daily trading value at 40-42 billion baht compared with 32 billion last year, says president Charamporn Jotikasthira. He said year-to-date, the trading value stands at 60 billion baht. However, Mr Charamporn acknowledged the current trading volume has been inflated by speculators seeking to take quick profit and ...
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K-Sec aims at No.2 slot
Kasikorn Securities (K-Sec) plans to regain its ranking as the second-largest brokerage house in terms of trading value after slipping to fifth spot. Stock Exchange of Thailand (SET) data indicate the market share of K-Sec and strategic partner Macquarie Securities dropped to 5.43% of the SET's total trading value year-to-date. It fell from second place after Maybank Kim Eng Securities ...
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Thai Buddhist monks spotted riding in private jet wearing designer shades
New York, June 18 (Lifestyle): Thailand's national Buddhism body is keeping an eye on monks nationwide for any inappropriate behavior after a video emerged on YouTube showing Buddhist monks flying on a private ...
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Police find wildlife cache in Samut Prakan houses
Security officials searching two houses in Soi Rattanathani 9 in Samut Prakan's Bang Phli district yesterday morning discovered a cache of wild animals including Hornbills and stingrays. Police first searched a house belonging to 63-year-old Surin Aparattanawilai where they found a pair of rare Hornbills and a large aquarium containing some 100 species including stingrays. Surin claimed ...
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Dugong disappearing fast from Trang
Trang's dwindling dugong population is now threatened with extinction as the Seagrass meadows it feeds upon in the waters around Koh Libong have shrunk to 7,306 square rai. The head of Trang's Marine and coastal resources conservation centre, Prachuap Mokharat, said yesterday that a March survey found Trang's population of dugongs had fallen to between 110 and 115. Most of the ...
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Fast-track trials planned for tourists
A new Tourist Case Division is in the pipeline to oversee trials involving foreign visitors to the country, Tourism and Sport Minister Somsak Pureesrisak said yesterday. Somsak said that later this month he would meet with diplomats from 17 European countries, who would ask him for tourist safety measures. His plan is to launch a new Tourist Case division under the Court of Justice to fast-track ...
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Construction may be a waste
Academic warns work could be useless if modules are not integrated Constructions under the government's costly water-management and flood-prevention modules could end up being useless structures because of a total lack of integration between key modules, a leading academic at Kasetsart University (KU) has warned. The Cabinet, however, yesterday approved the Water and Flood Management ...
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Papers for 301 cars tied to tax scam
More than two-thirds of Mercedes-Benzes and BMWs under investigation for tax evasion have failed to pass document tests. "But we will have to conduct physical inspections before coming to a conclusion," Tarit Pengdith, director-general of the Department of Special Investigation (DSI), said yesterday. The papers for 264 out of 338 Mercedes-Benzes and 37 out of 46 BMWs in the probe ...
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Vendors dispute behind blast in Bangkok police
Contradictory reports from South that suspect was tied to an insurgent group. Contradictory information surrounds the arrest of a suspect in connection with an explosion at Ramkhamhaeng street stalls in Bangkok's Bang Kapi district that injured seven people on May 26. Police are now looking for three other suspects, all from the South. Southern authorities and sources claim that ...
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Obec deputy moved ahead of exam probe
Office of the Basic Education Commission (Obec) deputy chief Anand Rangabthuk has been transferred to the position of Education Ministry inspector-general pending a disciplinary probe against him and three other officials in relation to cheating in the assistant-teacher exams. Anand has been replaced by Education inspector-general Phitsanu Tulsuk, who also heads the case's fact-finding ...
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Six firms enter e-auction for tablets
Only six companies have managed to pull through the pre-qualification round to enter the upcoming e-auction for a chance to sell tablets to the government. So far, seven contenders have been eliminated. The Office of Basic Education Commission (Obec) is holding an e-auction to seek suppliers for the government's One Tablet Per Child project. The policy is applicable to Pathom 1 and ...
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Thai diplomat in Cairo called back for her safety FM
Thai Foreign Affairs Ministry called back to Thailand the female Thai diplomat who allegedly assaulted an Egyptian woman at a Cairo hotel, as a precaution for her safety as there were reportedly threats against her. Thai Foreign Ministry deputy spokesman Jakkrit Srivali said Tuesday the ministry ordered First Secretary of the Thai Embassy in Egypt Kakanang Amaranand back to provide additional ...
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Thai diplomat accused of assault acted in self-defence Foreign Ministry
A female Thai diplomat who allegedly assaulted an Egyptian woman at a Cairo hotel had acted in self-defence, Thai Foreign Ministry deputy spokesman Jakkrit Srivali said on Monday. He quoted Kakanang Amaranand, first secretary of the Thai Embassy in Egypt, as dismissing news reports in Egyptian media that she attacked and injured Rana Ashraf. Ashraf's husband was quoted as saying that ...
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Confusion surrounds suspects links to South unrest
Caught in the South The military bus was used to transport children to school. No warrants were issued for Mr Idris's arrest at the time. The suspect was being held at the Southern Border Provinces Police Operation Centre Tuesday for questioning. Authorities plan to search his home in tambon Khok Khian for evidence. National police chief Adul Saengsingkaew Tuesday said an initial ...
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Tablet computers thrust Thailand classrooms into digital era
In a rural classroom in the Thai highlands, hill-tribe children energetically slide their fingertips over tablet computer screens, practicing everything from English to mathematics and music. The disadvantaged students are part of an ambitious project by Thailand to distribute millions of the handheld devices in schools, in a move supporters hope will boost national education standards. For ...
Thailand Focus
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Thailand's chances for the World Expo 2020
The World Expo 2020, if it were held in one of Thailand’s cities, would add around 1% to the national economy on its own. This is a huge amount of money and presents a significant impulsion for government authorities to secure the country’s bid, but the competition is strong and Thailand’s chances have been undermined.
The first World Exposition was held in London in 1851. At the time it was called “The Great Exhibition” and was intended to promote the industrial achievements of the various participating countries. The United Kingdom hosted the event because they, at the time, were of course the most industrialised nation in the world and the Crystal Palace they built to house the national pavilions was received as a wonder of engineering. Read more
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