VERY LATEST NEWS FROM THAILAND in English (25 May 2023) from Fabulous 103fm Pattaya
Asian & Asean banks create local currency settlement for China trade
Asian and Asean central banks including the Bank of Thailand are reported as creating a local currency settlement program that woud allow transfers without using the US dollar as a median currency. Aimed at mutual trade and investment, those in favor quote the volatility of the US dollar but have included the plan for Chinese Yuan Inclusion and the BOT Governor is quoted as saying that they bank here encourages the transfer via 4 currencies , those of China, Japan, Malaysia and Indonesia, having renewed an agreement with China in 2020 which was valid for 5 years but of course was hard to implement during the covid era.
44 homes destroyed in Bangkok blaze
In the capital, faulty wiring has been blamed for the destruction of 44 wooden homes which blazed until yesterday morning. With no casualties reported, it’s believed the fire originated in an empty home that was under renovation and then spread due to the heavy winds that caught the capital through the night.
Move Forward and Pheu Thai squabble over House speakership
It may not be a love match made in heaven but the two main parties elected by Thailand and currently heading up the planned coalition are struggling to agree on who will have what job in the planned new parliament. With Move Forward, as the election winner , claiming the PM position for its leader, Phua Thai is determined to hold the speaker’s seat despite Move forwards plan to hold that too for themselves in order that they facilitate the speedy changes to law promised during the election.
49 Burmese arrested for illegal entry
Forty-nine Burmese were caught and charged with illegal entry at a natural border area following a tip off that saw the army monitor the area where they entered Thailand. With no paperwork, each had paid 20-30K to so-called guides who promised them safe passage and jobs here. By the time they were nabbed, their guides had fled and all will be duly sent home.
Samut Prakan gold shop robbery FAIL
And in Samut Prakan, the tale of a botched gold shop robbery hit the wires yesterday. With his motorbike parked nearby, a man entered a gold shop. Robbed it and then fired at the electrically locked door, which shattered BUT as he made his getaway, a couple of local police heard the shot and raced to the scene. He fired at them, they at him, and funeral plans were being mooted by his family.
Will power prices drop in Thailand?
Falling global fuel prices combined with other factors MAY just see electricity rates here drop by up to 3 quarters of a baht, that’s according to the energy ministry who responded as many looked in shock at their power bills for the last month. A stark rise of up to 40 % is blamed on the extreme heat, air con and .. the rising cost of power.
Suspect arrested for slaying of Pattaya bar girl
Meanwhile at home, a 39 year old man has been arrested, charged and confessed to the slaying of a good time girl in the city, who was discovered days ago with multiple stab wounds. He had fled to his home province but was returned here yesterday amid claims that they had fought over 30K baht she owed him, that she had grabbed a shard of glass to attack him and he had duly responded, stabbing her 11 times after first choking her. Her family has already confirmed that she had a drug problem and had worked here after losing a sales job elsewhere.
Pattaya bar owner passes away in tragic motorbike accident
A 34 year old Korean bar manager who crashed into a roadworks sign at 4 AM yesterday is reported as deceased by authorities who rushed him to a local hospital. Police are reviewing camera footage but sadly numerous radworks are either unlit or don’t even have warning signs around them. More details in tomorrow’s news.
Weather warning as Typhoon heads for Thailand
Tuesday night and Wednesday early morning downpours in the city saw a tiny amount of road flooding but, for once the drains really did what they were supposed to do and most areas were clear very quickly after the hour or so of heavy rain. BUT that may be just a taster of what is to come over the next few weeks as the MET office reports that a typhoon in the pacific is headed our way. That’s likely to drop in power to a monsoon storm IF and when it reaches Thailand but the outlook is, for the next few weeks, a wet nation.
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