THAI NEWS

Thailand to Tax Foreign Income

Thailand announced a new policy to tax residents on all foreign income starting in 2024, irrespective of whether the income is remitted to Thailand. This move is part of the government's strategy to increase revenue and improve financial transparency. The policy has generated mixed reactions, with some residents expressing concerns about the potential financial burden, while others see it as a necessary step for national economic stability

Fire at Chatuchak Market destroys 118 shops, kills 1,000 animals

devastating fire broke out in the pet section of Bangkok's Chatuchak Market early on June 11, 2024, destroying 118 shops and killing about 1,000 animals. The blaze, starting around 4:30 am, quickly spread despite efforts by over ten fire engines and volunteers. The fire mainly affected the Sri Somrat Market area, known for its pet and exotic fish shops. Witnesses described thick smoke and chaos as they fled. No human casualties were reported. Initial investigations suggest an electrical short circuit as the cause. Authorities are assisting affected shop owners and focusing on improving safety measures to prevent future incidents​

81 year old Thai man loses 22 million baht to police impersonator

An 81-year-old Thai man named Praisan lost his life savings of 22 million baht to a scammer impersonating a police officer, who accused him of involvement in illegal activities. Praisan, a former business planning leader at the Electricity Generating Authority of Thailand, sought help from his son, a stock market worker in Singapore, who concluded that Praisan was a victim of a call center scam. The scammer, posing as an officer from Ayutthaya Provincial Police, convinced Praisan to transfer over 19 million baht for an investigation and later tricked him into pawning his house for an additional 3 million baht. The scam left Praisan distressed and seeking police assistance to recover his losses. His son called for stronger measures against such scams by the Bank of Thailand and relevant authorities

Tourism industry demands action amid 300-baht fee controversy

Thailand’s private sector is urging the government to address tourism infrastructure issues after Prime Minister Srettha Thavisin suspended a proposed 300-baht fee for foreign tourists, which was intended to fund tourism development. Chamnan Srisawat, President of the Tourism Council of Thailand, praised the government's efforts to boost tourism demand through visa policies but criticized the lack of progress in enhancing the tourist experience and infrastructure. He proposed initiating major projects to boost tourism, especially in second-tier provinces, as the country struggles to meet its tourism revenue targets for 2024​

Thailand urged to upgrade regional airports to boost tourism

Thailand is being urged to upgrade its regional airports to boost tourism, following the government's suspension of a proposed 300-baht fee for foreign tourists. Improving airport infrastructure is seen as crucial for enhancing the overall tourist experience and attracting more visitors to the country, particularly to less-visited regions. The Tourism Council of Thailand emphasized that while policies to increase tourist numbers have been successful, significant investment in airport facilities is needed to support sustainable tourism growth and meet the country's revenue targets​

Thailand to unveil five-year digital nomad visa

Thailand is set to introduce a five-year digital nomad visa aimed at attracting remote workers and boosting the local economy. This new visa will allow digital nomads to reside in Thailand while working remotely for foreign companies, positioning the country as an attractive destination for professionals seeking a tropical lifestyle with robust digital infrastructure. The initiative is part of broader efforts to capitalize on the growing trend of remote work and to enhance Thailand’s appeal as a hub for digital professionals​

Khao Takiab: Thailand’s hottest condo spot

Khao Takiab has emerged as Thailand’s hottest spot for condominium investments, attracting both domestic and international buyers with its scenic views, modern amenities, and proximity to Hua Hin's city center. The area's popularity has soared due to its tranquil beach environment combined with convenient access to urban facilities, making it an ideal location for both permanent residents and vacation homeowners. The surge in demand has led to rapid development of high-quality condo projects, further solidifying Khao Takiab's status as a prime real estate destination​

More than 99% of Thais back marriage equality

A recent survey revealed that over 99% of Thais support marriage equality, indicating overwhelming national backing for legalizing same-sex marriage. This significant level of support underscores a shift in public opinion towards greater acceptance and recognition of LGBTQ+ rights in Thailand. The strong endorsement from the populace is expected to influence legislative changes and drive forward efforts to establish legal frameworks that ensure equal rights for all couples, regardless of gender

Thai govt warns of monsoon mayhem, brace for floods, heavy rain

The Thai government has issued a warning about severe monsoon weather, urging citizens to brace for potential floods and heavy rainfall. Authorities have highlighted the risk of widespread flooding and advised people in affected areas to prepare for emergency situations. The government is coordinating with local agencies to mitigate the impact and ensure safety measures are in place. This alert comes as meteorological forecasts predict intense monsoon activity across various regions of the country​

THAI EVENTS

Si Sa Ket Lava Durian Festival

• 10-18 June,2024

• In front of Si Sa Ket City Hall.

The annual Si Sa Ket Lava Durian Festival celebrates the famed "Lava" durian of Si Sa Ket Province. This festival showcases the unique variety of durian known for its rich flavor and creamy texture, attracting durian enthusiasts from across Thailand and beyond. The event features a range of activities, including durian tastings, agricultural exhibitions, and cultural performances, promoting the region's agrarian heritage and boosting local tourism. It serves as a significant event for local farmers to display their produce and for visitors to experience the distinct taste and cultural richness of Si Sa Ket​

THAILAND UNFILTERED

Samut Prakan

Samut Prakan, located just south of Bangkok, is a vibrant province known for its rich history and cultural landmarks. Highlights include the Erawan Museum with its iconic three-headed elephant statue, and Muang Boran, an open-air museum replicating historic Thai architecture. The Bang Pu seaside resort is a popular bird-watching destination, especially during migration season. Samut Prakan also boasts significant industrial zones and bustling ports, contributing to Thailand’s economy. The province offers a diverse range of attractions, making it a key destination for both local and international tourists. Stay tuned for our next newsletter, where we will offer more detailed information.