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LEARNING

Foreigners arrested at illegal casino hotel in Pattaya

Gary Boyle, Published on 17/06/2025

» At least 20 foreigners were arrested in Pattaya when police raided an eight-storey hotel that had been converted into a casino centre.

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THAILAND

SCB Julius Baer Urges Diversification Amid Uncertainty 

Published on 17/06/2025

» SCB Julius Baer Securities Co., Ltd. (SCB Julius Baer) recently hosted an exclusive “Market Outlook H2/2025” seminar under the theme “A New World Order”, tailored for Ultra High Net Worth Individuals (UHNWIs). The seminar provided insights into the global economic landscape and portfolio strategies for the second half of 2025, amid ongoing market volatility. Investors were advised to diversify beyond the US market, which continues to face stagflation risks. The recommendation is to shift allocations toward regions with more accommodative monetary policies and greater macroeconomic stability, such as Europe, Japan, and China. Notably, Europe is entering a rate-cutting cycle alongside increased government spending. In Asia, policies aimed at stimulating domestic consumption are expected to benefit domestic demand and dividend-paying stocks. The investment strategy also emphasised portfolio resilience through allocation to gold, the Swiss franc as a stable currency, and alternative assets to enhance long-term flexibility. The event featured keynote speakers including Mr. Adrian Mazenauer, Chief Executive Officer, SCB Julius Baer; Mr. Kean Tan, Managing Director Senior Advisor Head of Investment Solutions, SCB Julius Baer; Mr. Mark Matthews, Head Research Asia, Bank Julius Baer; and Mr. Bhaskar Laxminarayan, Chief Investment Officer Asia and Middle East, Bank Julius Baer. 

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THAILAND

Detail Khao Tao Launches Exclusive Hua Hin Villas 

Published on 17/06/2025

» Bangkok, June 16, 2025 – TO DETAIL DEVELOPMENT CO., LTD., one of Thailand’s leading luxury real estate developers, has launched “Detail Khao Tao, Hua Hin,” an exclusive collection of 11 private pool villas nestled in the serene coastal enclave of Khao Tao. Designed for discerning homeowners, the project offers a harmonious fusion of privacy, elegance, and nature. 

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GENERAL

RX Tradex Showcases Tech Future at Manufacturing Expo 2025 

Published on 17/06/2025

» Bangkok, 11 May 2025 – RX Tradex is gearing up to host its flagship annual event, Manufacturing Expo 2025, ASEAN’s most comprehensive event for the manufacturing and supporting industries. The show will feature seven specialised exhibitions, showcasing cutting-edge machinery and smart solutions from over 2,000 brands across 30 countries, with 21 international pavilions representing China, Japan, Singapore, South Korea, and Taiwan (R.O.C.). Occupying BITEC Halls 98–104 from 18–21 June 2025, the event is expected to welcome more than 85,000 attendees. 

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THAILAND

Foreigners arrested at illegal casino hotel in Pattaya

News, Online Reporters, Published on 17/06/2025

» At least 20 foreigners were arrested in Pattaya when police raided an eight-storey hotel that had been converted into a casino centre.

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LIFE

Tinder debuts revamped double-dating feature

Bloomberg News, Published on 17/06/2025

» NEW YORK - Tinder is bringing a double-dating feature back to the United States, revamping a controversial product it shelved in 2017 over privacy concerns and ambiguity about whether the option was meant for monogamous people.

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GENERAL

Vietnam approves extension of VAT cut

Reuters, Published on 17/06/2025

» HANOI - Vietnam's National Assembly, the country's lawmaking body, on Tuesday passed a resolution to extend a cut in the value-added tax (VAT) rate until the end of next year, state media reported.

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THAILAND

Army prohibits Thais crossing border to work in Poipet bars, casinos

Online Reporters, Published on 17/06/2025

» SA KAEO - The commander of the army's Burapa Task Force on Tuesday banned  Thais from crossing the border in this eastern province to work at entertainment venues and casinos in Cambodia's Poipet township. 

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LIFE

Soft power: BTS fans rally behind Korean international adoptees

AFP, Published on 17/06/2025

» SEOUL — Korean pop (K-pop) megaband BTS is back from military service, and their international fandom -- long known for its progressive activism -- is celebrating by rallying behind a cause: adoptees from South Korea.

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GENERAL

Venezuela's El Dorado, where gold is currency of the poor

AFP, Published on 17/06/2025

» EL DORADO — In the Venezuelan mining community of El Dorado, the majority of residents carry around gold instead of cards or cash to pay for groceries.