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Red Bull Now the Richest Family in Thailand

Red Bull Now the Richest Family in Thailand

by Teuvo Tuomi | Jul 10, 2024 | Business, Economy, Lifestyle, News, Society, Thailand

Red Bull co-owner Chalerm Yoovidhya heads Thailand’s richest family according to the latest Forbes list, surpassing the Chearavanont brothers. Forbes Asia says that Mr. Chalerm’s family increased their wealth by 2.6 billion USD (95.8 billion baht) to 36...
Mobile Disaster Alert System Starts in Thailand Next Year

Mobile Disaster Alert System Starts in Thailand Next Year

by Teuvo Tuomi | Jul 7, 2024 | Innovation, Environment, News, Technology, Thailand, Tourism, Visions, Weather

A new alert system that can send out messages to all mobile phone users in the event of an emergency or disaster will be introduced in Thailand next year, according to the government. Cell broadcast technology allows emergency warnings to be sent to all devices...
Thailand Continues to Underperform: BoT

Thailand Continues to Underperform: BoT

by Teuvo Tuomi | Jul 5, 2024 | Economy, Business, Inflation, Infrastructure, Innovation, Investment, News, Thailand, Tourism, Trade

Thailand’s economic growth potential is expected to hover around 3% for the next five years, according to Bank of Thailand governor Sethaput Suthiwartnarueput. This is a decline from closer to 3.5% reported in the years before the Covid-19 pandemic. Many households in...
Duty-Free Shops to Be Closed at Thai Airports

Duty-Free Shops to Be Closed at Thai Airports

by Teuvo Tuomi | Jul 3, 2024 | Tourism, Economy, Lifestyle, News, Thailand, Travel

Thailand’s Cabinet confirms that all duty-free shops in the arrivals areas of Thai airports will be closed to boost domestic spending. Deputy government spokesperson Rudklao Suwankiri says the move would promote Thailand as a shopping hub and stimulate the...
Thailand’s Canned Tuna Exports Soaring

Thailand’s Canned Tuna Exports Soaring

by Teuvo Tuomi | Jul 1, 2024 | Food & Drinks, Business, Lifestyle, News, Technology, Thailand

Thailand exported over 220,000 tonnes of canned tuna in the first five months of 2024 with a value of 979 million USD, up 19.4% in volume and 13.4% in value, compared to the same period last year. Factors for the surge of Thai canned tuna exports this year are lower...
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