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Chinese move their purchase power away from Bangkok condo market
Chinese condo buyers are veering their purchase power away from the Bangkok property market citing the strong Thai currency, overpricing and a supply glut. 2015 – 5.8 Yuan to the Thai Baht 2019 – 4.4 Yuan to the Thai Baht The rise of the baht and the weakening of the Chinese Yuan over the past four years, have culminated in a 25% softening in Chinese investment power in the Thai property market (chart from xe.com) Property consultants say that Chinese buyers are now containing their investment risk by buying into the lower-end 2-6 million baht condo market instead of the 5-10 million baht condos they were previously purchasing. At the same time the annual returns for Bangkok condominiums is reported to have dropped from 6-7% five years ago to only 3-4% in some locations in the current market
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Burasari opens second Phuket hotel on Coconut Island
PHOTO: Original Vision Island Escape by Burasari, the second Phuket hotel from the Thai-based group, will have a soft opening this September. Located on Koh Maphrao (also known as Coconut Island), the initial product will be 15 villas. By December this year, the full inventory of 180 rooms and 40 villas will be operational. With Island Escape, Burasari Group will operate eight properties in Thailand and Laos.
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US Navy veteran locked up in Thai prison, family pleas for help
by Lauren Talarico A US Navy veteran from Texas remains locked up in a Thai prison for something his family says he didn’t do. Derrick Keller was arrested on August 20, 2018
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Chiang Mai netizens outraged after porn movie released online
Chiang Mai locals are sharing their outrage over a porn video shot in a local massage shop where the massage ends up in a lot more than just a happy ending. The clip is called “Thai VIP Massage” and is credited to ThaiSwinger.com. Manager Online reports that netizens are calling for the police to investigate the adult movie shot in the northern city
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Malaysia’s Deputy PM sympathises with Azmin’s family over gay sex video scandal
Malaysia’s Deputy PM Datuk Seri Dr Wan Azizah Wan Ismail has expressed sympathy for the family of Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, who has been linked to a sex video scandal. Read The Thaiger story HERE . She said she rejected any practice of gutter politics as she had experienced it before.
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From ‘Sawadee’ to ‘Pad Thai’. Who was Phibun?
by Dan Brook Thai culture is ancient and one can even see evidence of its beautiful bronze-age civilisation in Ban Chiang, near Udon Thani in Isaan, Thailand’s lesser-visited north-east region. But not everything in Thai culture is quite so old. In fact, some major things closely associated with Thailand are relatively recent — and all of them are related to Field Marshal Plaek Phibunsongkhram
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Bystander killed by stray bullet as taxi motorcycle gangs clash – VIDEO
VIDEO: บ้านเราบางนา ลาซาล แบริ่ง A bystander was killed by a stray bullet yesterday when two taxi motorcyclists gangs clashed in a fight in Bangkok’s Bang Na district. Rival motorbike taxi gangs were caught on video viciously attacking each other with knives and other weapons. Police say 20 year old Weerawat Pheungkrut, a courier with Kerry Express, was killed when a bullet struck him in the left eyebrow around Soi Udomsuk 1 at 11.40am yesterday morning.
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Police seize illegal mosquito repellents and fake nutritional supplements
The Consumer Protection Police Division and the Food and Drugs Administration has raided illegal factories producing dangerous mosquito repellent and fake nutritional supplements.
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Toon’s latest run-for-charity raises 15 million baht in the first hour for north-east hospitals
PHOTO: Facebook.com/kaokonlakao Such is the star-power and respect Thais have for rocker-turned-charity-warrior Artiwara “Toon” Kongmalai, that his latest fund-raising effort raised 15 million baht in the first hour of yesterday moorning’s run. His latest project called Kao Kon La Kao-Kao Tor Pai Duay Palang Lek Lek Phak Isan (One step each by each person, move on with a small force in the Northeast) headed off early yesterday from Nong Khai in an effort to raise money for with Isaan public hospitals. The popular ‘Bodyslam’ lead singer, along with his actress girlfriend Rachwin ‘Koi’ Wongviriya, actor Tanongsak Supakarn and other runners joined together for the first lap of the 10 kilometre run before handing off to actor Pakorn ‘Dome’ Lum to lead the next leg.
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North-East Thailand immigration purge nets 2,200
PHOTO: Buriram Times North-eastern Immigration police in Khon Kaen have netted around 2,200 foreigners over a variety of immigration offences since the start of June. 622 entered the country illegally 31 for overstaying their visas 73 for working without permission 16 were wanted on arrest warrants 1,245 committed other offences 287 had been refused entry They also joined forces with National Park officials to arrest 18 suspects in the Nakhon Ratchasima forests on charges of illegally cutting down protected Siamese rosewood trees. 15 Cambodian and 3 Thais were arrested in those raids.
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- Blackwater at Phuket’s Nai Harn beach due to ‘natural causes’‘Blackwater’ has returned at one of Phuket’s favourite beaches, this time in the lagoon behind Nai Harn beach, which flushes out naturally when the tide conditions are right. For now, it is dammed up by the sand and has developed into an ugly cesspool for passersby to see. Responding to complaints from local residents, Rawai […]
- Another baby Dugong found on a Krabi beachPHOTO: Thai Rath Another lost baby dugong has been rescued after being found injured in Krabi. The baby dugong was found washed up on the shores in Klongthom District, Krabi yesterday (June 1) and was rescued by the officials from the Phuket Marine Biological Centre (PMBC). Thai Rath reports that the baby dugong had a […]
- Cha-Am blackwater flowing into the beach is “natural in origin” – District ChiefPHOTOS: Daily News The Cha-Am district chief and a posse of officials have inspected a patch of ‘black water’ flowing into the Gulf of Thailand after social media posts showed “sewage” flowing into the sea at a beach north of Hua Hin. Not surprisingly, and without evidence, Khajornsak Somboon admitted the offensive outflow was “smelly” but […]