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THAILAND

Assets seized as iCon probe expands

Post Reporters, Published on 15/10/2024

» The Anti-Money Laundering Office (Amlo) has impounded assets worth about 125 million baht from The iCon Group, its CEO and three others for 90 days while investigations continue into allegations that it ran a pyramid scheme.

THAILAND

Opposition to tread warily in amnesty debate

Aekarach Sattaburuth, Published on 15/10/2024

» The main opposition People’s Party (PP) will ensure it does not overstep any boundaries by proposing an amnesty for lese-majeste offenders, list-MP Natthawut Buaprathum said on Tuesday.

BUSINESS

Expressway concession extension expected

Supoj Wancharoen, Published on 15/10/2024

» Transport Minister Suriya Jungrungreangkit says he expects a proposal to extend the concession for the Si Rat expressway by another 22 years will win cabinet approval with an agreement signed by December.

BUSINESS

Baht gain likely if central bank leaves rate unchanged

Nareerat Wiriyapong, Published on 15/10/2024

» The baht could appreciate beyond 33 to the dollar, from 33.40 as of Tuesday, if the Bank of Thailand decides to keep its policy interest rate unchanged at 2.50% on Wednesday, according to Kasikorn Research Center (K-Research).

THAILAND

Singer ‘Tik Shiro’ faces charges over fatal crash

Wassayos Ngamkham, Published on 15/10/2024

» Police have pressed several charges including drunk driving against singer and songwriter Manaswin “Tik Shiro” Nuntasane, whose van struck a motorcycle, killed a woman and seriously injured her brother in Bangkok last Thursday.

BUSINESS

Suspension of TM6 form for travellers extended

Molpasorn Shoowong and Mongkol Bangprapa, Published on 15/10/2024

» Use of TM6 immigration forms will remain suspended until April 30 next year to facilitate cross-border tourism while the new electronic travel authorisation (ETA) system is being developed, which could integrate tourism fee collection, officials say.

WORLD

US and allies begin drills in Philippines

Reuters, Published on 15/10/2024

» MANILA - The armed forces of the United States and the Philippines began large-scale joint exercises with key allies on Tuesday that will take place in several areas in the Philippines, including those facing Taiwan and the South China Sea.

THAILAND

Famous monk denies connection with The iCon Group

Online Reporters, Published on 15/10/2024

» Renowned monk V. Vajiramedhi has denied speculation of a link to embattled direct seller The iCon Group after a brief clip of a long sermon he delivered went viral on social media platforms. 

THAILAND

Banyan Tree Residences Sichon Partners with Benz Phuket for Luxury in Motion

Published on 15/10/2024

» At a serene coastal haven in Southern Thailand, Banyan Tree Residences Sichon hosted the highly anticipated event, 'Luxury in Motion,' in collaboration with Mercedes-Benz. This exclusive gathering welcomed select potential buyers, real estate experts, and premium lifestyle enthusiasts, offering a first-hand experience of true beachfront luxury living. 

THAILAND

Siam Piwat Unveils Extraordinary Global Festive Celebrations

Published on 15/10/2024

» Siam Piwat Group’s iconic destinations launch grand year-end events, featuring global superstars, exclusive experiences, and festive showcases to boost tourism and elevate Thailand as a top international destination.