Thai banks are paying more attention to managing their capital.
Regional Banks Enhance Capital Management Amid Economic Slowdown With business growth decelerating, regional banks are intensifying their focus on capital management to boost returns for shareholders. These institutions continue to utilize share repurchase programs and interim dividend distributions as vital strategies for enhancing earnings per share (EPS) and return on equity (ROE). “The emphasis on […]
Luigi Mangione Was Defeated in a Bar Fight with Seven Thai Transgender Women — and Took Pride in It
Luigi Mangione’s Controversial Episode in Thailand Months before he allegedly took the life of UnitedHealthcare CEO Brian Thompson, Luigi Mangione recounted an incident involving a group of “ladyboys” during his trip to Thailand. In May 2024, Mangione stayed at a guesthouse in Tenkawa, Japan. According to reports, he shared stories with friends about a bizarre […]
The implementation of negative income tax for Thai expats relies on politics.
Confusion Surrounds Thailand’s Upcoming Negative Income Tax The Pheu Thai government’s recent announcement about implementing a negative income tax (NIT) by 2027 has sparked various reactions. Finance Minister Pichai Chunhavajra has indicated that this initiative may be part of broader financial adjustments, potentially including an increase in VAT from the current 7%. As it stands, […]
Thai model hopeful brutally attacked at NYC subway station by released ex-con while she begs him to stop, according to prosecutors
Prosecutors have reported that a young Thai model was violently assaulted and abducted at a metro station in Brooklyn by a former bail jumper. On June 22, Jin Laxussty, 26, was at the Chauncy Street station in Bushwick when Lewis Doctor, 54, allegedly seized her by the throat and slammed her against the wall. According […]
Thai Prime Minister put on hold due to leaked conversation with Cambodian official after border event
Thai Prime Minister Paetong Tarun Sinawatra officially assumed office on Tuesday, despite an ongoing inquiry related to leaked phone conversations with senior leaders of Cambodia. “I guess my goal was to find ways to avoid conflict, maintain peace, and prevent any harm to our soldiers. If your discussions with other leaders could lead to negative […]
Thai Police Detain Chinese Suspect in $6.1 Million Bitcoin Scam
Simply put Thai authorities apprehended a Chinese national, Tian Wei, at Don Mueang Airport on June 12, suspecting him of stealing $6.15 million in Bitcoin. This arrest followed Tian Wei’s disappearance from a business contract in Chiang Rai after a complaint was filed in April and a warrant was issued on May 16. It’s part […]
Israeli troops find the body of a Thai hostage who died while being held in Gaza.
Israeli Forces Recover Body of Thai National Israeli military officials have announced the recovery of the remains of a Thai citizen, Nattapon Pinta, who was allegedly killed by the terrorist group Kataeb al-Mujahideen. His body was retrieved from the Rafah area of the Gaza Strip during a joint operation conducted by the Israeli Defense Forces […]
Thai Horror-Comedy ‘A Useful Ghost’ with LGBTQ Themes Takes a Political Turn at Cannes
Cannes: A Shift in Thai LGBTQ Cinema Director Ratchapoom Boonbunchachoke aims for Thai gay films to explore deeper narratives, incorporating political themes alongside pop culture. His latest work, “Useful Ghosts,” features model and actress Davika “Mai” Hoorne, who returns as a ghost to comfort her grieving husband. The film, positioned as a quirky comedy, juxtaposes […]
British tourist missing after boat catches fire off Thai island | Thailand
British tourists have gone missing in Thailand after a tour boat that fires off Koh Tao. Alexandra Clark, 26, from Lambeth, south of London, was riding in Davy Jones' locker for a diving excursion. She was reportedly in the bathroom when the flames broke out just before the distress signal was sent at 9:25am local […]
Foreign applicants for Thai bank accounts facing new crackdown – Pattaya Mail
Immigration police are investigating hundreds of fake SIM cards used in bank crimes. Foreigners looking to open a Thai account face additional hurdles starting Monday, February 17th. BAHT) can find difficulties. Popular and connected institutions such as Jomtien-based Tik Tok have advised on social media that they cannot help open bank accounts for foreign customers […]