DeeMoney increases cross-border payments to Myanmar market

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7 November 2023, 15:40

DeeMoney partners with SCB to facilitate secure cross-border money transfers, expanding access to the Myanmar market

Sawasdee Shop Co., Ltd., operating as a fintech company, introduced the DeeMoney platform, a robust Thai cross-border transaction system supporting over 26 currencies across 50 countries globally. This company has solidified a business partnership with Siam Commercial Bank, announcing their collaboration to enhance the money transfer service from Thailand to Myanmar. The focus lies in developing cross-border money transfer services that are not only easy, convenient, and swift but also offer superior exchange rates compared to the existing market rates. The primary goal is to facilitate over 2 million Myanmar workers, including small and medium-sized business operators (SMEs), seeking to transfer money back to Myanmar. The aim is to establish itself as the preferred choice for the Myanmar community, targeting no less than 150,000 active users and a transaction value exceeding 2 billion baht by the close of 2024.

A survey conducted by DeeMoney in February 2023 revealed that more than 94% of Myanmar workers typically transferred money to their home country through informal channels such as money transfer agents (Hundi), while a few chose to transport the money themselves or via acquaintances. Merely a small percentage utilized formal banking channels for money transfers. This trend is attributed to the limited access most users have to financial services (being ‘Unbanked’). Moreover, the exchange rates within the conventional financial system are notably higher compared to the rates offered by informal services (Hundi).

The outcomes of this survey prompted the collaborative effort between DeeMoney and SCB to directly manage the exchange rates between the Thai baht and the Myanmar kyat. Consequently, DeeMoney has emerged as one of the key service providers offering the most competitive exchange rates for money transfers from Thailand to Myanmar. Importantly, this collaboration has obtained authorization from the central banks of both countries, namely the Bank of Thailand and the Central Bank of Myanmar.

Regarding destination countries, DeeMoney is steadfast in its commitment to expanding its network coverage extensively, enabling customers to transfer funds to prominent bank accounts in Myanmar, including institutions such as A Bank, Aya Bank, CB Bank, KBZ Bank, Yoma Bank, and more than 20 other banks. Furthermore, there is a strategic objective to extend money transfer services to electronic wallets (e-wallets) with substantial user bases, such as WAVEPAY, Wave Money, A+ Wallet, AYA Pay, and others. The goal is to ensure that there are over 8 million accounts ready to receive money and that recipients can conveniently withdraw cash from more than 130,000 bank branches, ATMs, and various service points nationwide.

DeeMoney guarantees prompt delivery of funds to recipients when customers opt to transfer money to e-wallets, ensuring immediate availability. For transfers to bank accounts, the process typically takes only one business day. However, it’s important to note that the maximum transaction value for each transfer is capped at 50,000 baht.

Mr. Aswin Phlaphongphanich, CEO, and co-founder of DeeMoney, said “DeeMoney and SCB share a strong partnership that acknowledges the significance of advancing financial services for over 2 million Myanmar citizens residing and working in Thailand. These individuals annually wish to send money back home, totaling more than USD 1.33 billion or approximately 48 billion baht. Our aim is to empower them to transfer money securely through the DeeMoney application, eliminating the reliance on brokers as seen in the past. Users can seamlessly conduct transactions anytime, anywhere, with utmost convenience and security, utilizing the DeeMoney application with a flat fee of only 49 baht per transaction. Furthermore, the application and call center offer services in the Myanmar language everyday”

He continued, “This collaboration between DeeMoney, SCB, and partner banks in Myanmar marks a significant step towards developing the crucial cross-border remittance ecosystem between Thailand and Myanmar for the future.”

In a bid to further strengthen the initiative for international money transfers, DeeMoney has launched an extensive annual promotional “DeeMoney, OWNDEE Win Tesla and more” campaign. This campaign offers customers using the DeeMoney application to transfer money abroad an opportunity to win exciting prizes. Any transfer of 1,000 baht or more per transaction qualifies customers to enter a draw to win a Tesla Model 3 electric car, a new 2022 Honda Wave 110i motorcycle, an iPhone 14 Pro Max smartphone, AirPods Pro Gen2, and various other prizes, collectively valued at over 3.5 million baht. Those interested in the “DeeMoney, OWNDEE Win Tesla and more” campaign can explore details on DeeMoney Facebook page and the website www.deemoney.com.”

Mr. Thanawatn Kittisuwan, Executive Vice President of the Digital Juristic Function at Siam Commercial Bank, highlighted, “The trajectory of international money transfers in the banking industry during the first nine months of 2023 signals a more favorable direction, indicative of economic recovery and enhanced foreign trade. In a borderless financial landscape, transactions have expanded to a diverse customer base, spanning new territories. This has escalated the market’s demand for varied forms of money transfer. To address these evolving needs, particularly those of individual customers and small to medium-sized businesses seeking agile working capital and faster transactional processes compared to conventional methods, SCB is committed to delivering seamless service through all available channels. We aim to provide an array of financial solutions to meet the demands of today’s customers. Hence, the collaboration with DeeMoney, a fintech with specialized expertise in international money transfer services and an extensive network, enables us to introduce a new form of international money transfer service through the DeeMoney application to Myanmar workers and business operators in Thailand who hold accounts with Siam Commercial Bank. This service is designed to offer swift, secure, and competitively priced money transfer solutions.”

“At present, more than 300,000 Myanmar workers and business operators in Thailand have deposit accounts with Siam Commercial Bank. We anticipate that this partnership will not only expand our account base but also open avenues for providing additional financial services to the Myanmar community in Thailand. This collaboration aligns with our vision of establishing Siam Commercial Bank as a pivotal money transfer hub in the ASEAN region, marking a significant milestone in the fintech and banking sectors. It ushers in an era of seamless global money transfers, fostering financial inclusion in Thailand and ASEAN countries. Going forward, our plan is to sustain this partnership with DeeMoney to extend services to labor groups and neighboring businesses in Thailand,” Mr. Thanawatn emphasized.

“Decathlon” Celebrates the 8th Anniversary

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Contributor

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7 November 2023, 15:38

“Decathlon” Celebrates the 8th Anniversary with “Find Your Sport at Decathlon” Campaign,Turning Your Unwanted Sports Equip into New Favorite Ones

November 2, 2023 – Bangkok: Decathlon Thailand celebrates its 8th anniversary by highlighting the ideas that sports can be everyone’s cup of tea. “Don’t say you don’t like sports; it’s just you haven’t found the right sports for yourself,” is the key message for this campaign. To celebrate this special moment, Decathlon wants to see everyone finding their right and loved sports and having more fun. Customers don’t have to limit themselves to playing sports that don’t fit their styles. Everybody is encouraged to bring their sports equipment and redeem for new ones. This activity is part of the “Find Your Sport at Decathlon” campaign.

Mr. Dhiren Shetty, Chief Executive Officer of Decathlon Thailand, says, “It has been eight years since Decathlon started our sporting goods retailer in Thailand. During these years, we have offered sport equipment for over 60 categories, or more than 5,000 products under one roof. Our products are affordable, suitable for all ages and all types of sport players.”

Decathlon believes that sports are magical for the world and for everyone, especially when one can find the right sports for themselves. Finding the right sports will lead to another world filled with magic, joy and fun.

Due to its 8th anniversary, Decathlon Thailand invites everyone to find “the right sports” in their own way with the special campaign “Find Your Sport at Decathlon.” The campaign is based on the concept that sports are for everybody. If you don’t enjoy what you play, it might be because that sport is not suitable for you.

Hence, Decathlon warmly welcomes all customers to find their sports, whether they are professional sports players who want to encounter challenges from new sports or newbies who are still deciding which sports to start with. All interested customers are invited to find their right sports by bringing current/ unwanted sports equipment, regardless of which category, and redeeming new sports equipment at Decathlon. The purpose of this campaign is to see everyone have a good time with sports and take care of their health.

For current/ unwanted sports equipment, Decathlon partners with The Mirror Foundation to distribute and provide the equipment for those in need.

The “Find Your Sport at Decathlon” campaign will begin from November 18, 2023 – December 3, 2023. Anyone interested in this campaign can register at https://www.decathlon.co.th/s/find-your-sports. The three registration steps are as follows:

If you are not a member, please sign up. If you are already a member, please update your email information.
Select time, date, and store. Then specify what kind of sports equipment you will bring to redeem.
Receive a confirmation email.

On a scheduled date, please bring your sports equipment to your chosen store. You would receive up to a THB900 coupon for buying new sports equipment at all five selected stores of Decathlon during the operating dates and hours.

For Decathlon Bangna, the activity will take place on November 18, 2023, from 8:00 a.m. – 4 p.m.
For Decathlon Rama II, the activity will take place on November 19, 2023, from 8:00 a.m. – 9.30 p.m.
For Decathlon Bangyai, the activity will take place on November 25, 2023, from 8:00 a.m. – 9:00 p.m.
For Decathlon Rama IV, the activity will take place on November 26, 2023, from 9:00 a.m. to 10:00 p.m.
For Decathlon Rangsit, the activity will take place on December 3, 2023, from 9:30 a.m. to 10:00 p.m.

Decathlon is a French sporting goods retailer with the most extensive collection of categories. The head office is in Lille, France. At Decathlon, more than 5,000 items are on offer, including sportswear and sports equipment. The products cover over 60 kinds of sports. Decathlon has stores in more than 70 countries worldwide. In Thailand, there are 21 branches in total, including the locations where you can find “your sport.”

For registration and more information, please scan this QR code:

For further information about the ‘Find Your Sport at Decathlon’ campaign, please email us at [email protected], or send a message to our Facebook page Decathlon Thailand ดีแคทลอน ประเทศไทย.

Bangkok Police Arrest Chinese Man Who Raped American Woman

By

Khaosod English

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7 November 2023, 14:34

rape cae2 — Police officers questioned a Chinese man, 25, a suspect, on charges of forcibly sexually assaulting another person.

Three days after an American woman reported she had been raped in her residence in Bangkok, Thailand, police officers from Huai Khwang Police Station arrested Mr. He Tianming, a 25-year-old Chinese national, on charges of forcibly sexually assaulting another person.

The Chinese man was arrested at a residence on Ratchadaphisek Road, Huai Khwang District, Bangkok on November 7.

This case stems from an incident that took place on 4 November. At the time, a 24-year-old American woman reported that she had been attacked by a man, known only by his nickname “Tim”, via the dating app Tinder.

The two had met in a bar in the middle of the night on November 2. At 2:00 am on 3 November, the man became violent in her room, even though she had previously agreed not to engage in sexual activity.

She reiterated her intention to take legal action, while the man admitted to arranging the meeting via the app for sexual intercourse, which the woman had not consented to. The police will continue the prosecution.

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The English Court’s Ruling In “Nop Narongdej” Case Has No Valid in Thailand

By

Contributor

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7 November 2023, 13:45

ณพ ณรงค์เดช พร้อม วีระวงค์ จิตต์มิตรภาพ ที่ปรึกษากฎหมาย — Weerawong Chittmittrapap and Nop Narongdej

Nop Narongdej’s lawyers issued a press release explaining the latest developments in the Wind Energy Holding (WEH) stock case. They confirm that the Thai court has ruled the sale of WEH shares by REC to Khunying Korkaew “not deemed defrauding creditors,” and the English court’s ruling to punish Mr. Nop Narongdej and several other defendants is not valid in Thailand.

The press release stated that before Mr. Nopporn Suppipat’s companies filed the WEH shares-related case in the English court, specifically the Business and Property Courts of England and Wales (Commercial Court), Mr. Nopporn’s companies already filed a “criminal case” in the Thai court, specifically the South Bangkok Municipal Court, on January 23, 2018, on the matter of “cheating against creditors.”

They requested the court to punish Mr. Nop Narongdej, and several other defendants according to the Thai Penal Code, alleging that the transfer of WEH shares held by REC to Khunying Korkaew was done with “special intent” to prevent Mr. Nopporn’s companies from collecting debt from Mr. Nop’s companies, which were the shareholders of REC.

At the time Mr. Nopporn’s companies filed the case in the English court, the Thai court had not yet made a judgment.

Mr. Nopporn’s companies filed the case in the English court six months later, on August 7, 2018, as a “civil case” to claim damages from Mr. Nop’s group, adding three more defendants from the Thai court case: Siam Commercial Bank (SCB), Mr. Arthid Nanthawithaya, and Mr. Weerawong Chittmittrapap as defendants, alleging that all defendants jointly committed a “wrongful act” according to the Thai Civil and Commercial Code.

This involved the defendants jointly and intentionally “committing an offense” against Mr. Nopporn’s companies, thereby causing damage to Mr. Nopporn’s group. The alleged “commission of the offense” was characterized as “defrauding creditors” according to the Thai Penal Code.

This was because REC transferred the held WEH shares to Khunying Korkaew with “special intent” to prevent Mr. Nopporn’s companies from collecting debt from Mr. Nop’s companies, the shareholders of REC. This was the same fact that Mr. Nopporn’s companies had previously filed a “criminal case” in the Thai court.

The English court would have to apply “Thai law”, which is the law of the country where the “wrongful act” occurred, in making its judgment.

The English court made its ruling on 31 July 2023, dismissing the case against Siam Commercial Bank (SCB) and Mr. Arthid, but ordering all the remaining defendants to jointly pay a substantial amount of money to Mr. Nopporn’s companies.

The English court ruled that there was “defrauding creditors” according to the Thai Penal Code, which constituted a joint act of “wrongful act” by the defendants according to the Thai Civil and Commercial Code.

However, on October 31, the South Bangkok Municipal Court made a “dismissal” judgment for Khunying Korkaew, Mr. Nop, and all the other defendants, stating that they did not commit “defrauding creditors,” which effectively completely reversed the judgment of the English court. Therefore, the past judgment of the English court no longer holds any validity for anyone to claim for any purpose in Thailand.

The South Bangkok Municipal Court has ruled that the sale of shares in Wind Energy Limited by REC is “not considered as defrauding creditors” since there was no “special intent” to cause Mr. Nopporn’s companies to not receive debt repayment from Mr. Nop’s companies, an element of the offense of “defrauding creditors.” “Because it was an action taken out of necessity and was a consequence of Mr. Nopporn’s own defective qualities… which caused significant investment obstacles for Wind Energy Limited, which are considered factors in business operations. Should these not be re-structured, they would inevitably damage the value of already invested assets, including the value of the business that must be continued in the future, which the damage… would also cause harm to other investors involved in the business.” That is, the act was done out of necessity arising from Mr. Nopporn.

Furthermore, the South Bangkok Municipal Court also ruled that in the evidence provided by Mr. Nopporn’s group, “no mention was made of the fact that Mr. Nopporn, who was the executive with control over the original operations of Wind Energy Limited, was accused of committing offenses … under the Penal Code, Section 112, which was a major cause of operational problems for the Wind Energy Limited group since late 2014. The presentation of evidence by Mr. Nopporn’s group was evasive by not revealing the detrimental facts about Mr. Nopporn, who was the former top executive of the Wind Energy Limited group, implying concealment of facts which were the cause of the problems created by Mr. Nopporn himself and resulted in the business facing obstacles and losing credibility among investors and financial institutions that would support investment funding. Especially that fact caused Siam Commercial Bank not to approve the drawdown of the loan that Watabak Limited, which is part of the Wind Energy Limited group, urgently needed for business operations.”

Mr. Weerawong Chittmittrapap, a legal advisor, said that the decision by an English judge that the defendants conspired to “defraud the creditors” stems from a refusal to consider evidence presented by witnesses who have no “motive” that would make them unreliable. Mr. Weerawong insisted that he had no other interest or “motive” that would necessitate giving advice to the client that would lead to an illegal act. All these facts were presented in the case and were well acknowledged by the English judge.

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Photos Of Thai Hostages Show They Are Alive, Prime Minister Says

By

Associated Press

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6 November 2023, 22:51

Israel Palestinians — Palestinians look for survivors under the rubble of a destroyed building following an Israeli airstrike in Khan Younis refugee camp, southern Gaza Strip, Monday, Nov. 6, 2023. (AP Photo/Mohammed Dahman)

BANGKOK — Thailand’s government has photographs of Thai workers who are being held hostage in Gaza by Hamas following its October 7 attack on Israel, showing they are alive, the prime minister said Monday.

Prime Minister Srettha Thavisin did not say how many hostages the photos showed. The Thai government’s official number of “abductions” is 24. Thirty-four Thais are known to have been killed and 19 injured.

“There is an update that there are photos of the hostages. So, we understand that at least they are still alive. The negotiation efforts are still ongoing,” Srettha told reporters.

Thailand is pursuing several channels to obtain the release of the hostages, including a trip last week by Foreign Minister Parnpree Bahiddha-Nukara to Egypt and Qatar.

Almost 8,000 Thai workers have returned home from Israel out of a pre-attack total of around 30,000. Most are employed as semi-skilled farm laborers who come from poorer regions of Thailand and are able to earn a much better income by working abroad.

Israeli Forces Cut Off North Gaza As Palestinian Death Toll Passes 10,000

By

Associated Press

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6 November 2023, 21:30

DEIR AL-BALAH, Gaza Strip (AP) — Israeli forces severed North Gaza from the rest of the besieged territory and pounded it with intense airstrikes overnight into Monday, setting the stage for an expected push into the dense confines of Gaza City and an even bloodier phase of the month-old war.

Already, the Palestinian death toll passed 10,000, the Health Ministry in Hamas-run Gaza said Monday. The ministry does not distinguish between fighters and civilians. Some 1,400 Israelis have died, mostly civilians killed in the Oct. 7 incursion by Hamas that started the war.

The figures mark a grim milestone in what has quickly become the deadliest round of Israeli-Palestinian violence since Israel’s establishment 75 years ago, with no end in sight as Israel vows to remove Hamas from power and crush its military capabilities.

AP23309634724980 — Fire and smoke rises from buildings following Israeli airstrikes on Gaza City, Sunday, Nov. 5, 2023. (AP Photo/Abed Khaled)

Casualties are only likely to rise as the war turns to close urban combat. Troops are expected to enter Gaza City soon, Israeli media reported, and Palestinian militants who have had years to prepare are likely to fight street by street, launching ambushes from a vast network of tunnels.

“We’re closing in on them,” said Lt. Col. Richard Hecht, an Israeli military spokesman. “We’ve completed our encirclement, separating Hamas strongholds in the north from the south.”

The military said it struck 450 targets overnight and ground troops took over a Hamas compound. A one-way corridor for residents to flee south remains available for the hundreds of thousands of Palestinians who remain in Gaza City and other parts of the north, according to the military.

Some 1.5 million Palestinians, or around 70% of Gaza’s population, have fled their homes since the war began. Food, medicine, fuel and water are running low, and U.N.-run schools-turned-shelters are beyond capacity. Many people are sleeping on the streets outside.

Mobile phone and internet service went down overnight, the third territory-wide outage since the start of the war, but was gradually restored on Monday. Aid workers say the outages make it even harder for civilians to seek safety or call ambulances.

AP23310374056342 — Samir Ayoub, uncle of three children who were killed by an Israeli airstrike, puts flowers on their car in the town of Ainata, a Lebanese border village with Israel in south Lebanon, Monday, Nov. 6, 2023. (AP Photo/Mohammed Zaatari)

Israel has so far rejected U.S. suggestions for a pause in fighting to facilitate humanitarian aid deliveries and the release of some of the estimated 240 hostages seized by Hamas in its raid. Israel has also dismissed calls for a broader cease-fire from increasingly alarmed Arab countries — including Jordan and Egypt, which made peace with it decades ago.

After days of intense diplomacy around the Middle East, U.S. Secretary of State Antony Blinken wrapped up his tour of the region on Monday, saying efforts to secure a humanitarian pause, negotiate the release of hostages and plan for a post-Hamas Gaza were still “a work in progress” without pointing to any concrete achievements.

The war has also stoked wider tensions, with Israel and Lebanon’s Hezbollah militant group trading fire along the border. In another sign of growing unrest, a Palestinian man stabbed and wounded two members of Israel’s paramilitary Border Police in east Jerusalem before being shot dead, according to police and an Associated Press reporter at the scene.

Israel captured east Jerusalem, along with Gaza and the West Bank, in the 1967 Mideast war. The Palestinians want all three territories for a future state. Israel annexed east Jerusalem in a move not recognized by most of the international community and considers the entire city its capital.

In northern Gaza, a Jordanian military cargo plane air-dropped medical aid to a field hospital, King Abdullah II said early Monday. It appeared to be the first such airdrop of the war, raising the possibility of another avenue for aid delivery besides Egypt’s Rafah crossing, which has so far been the only entry point.

Over 450 trucks carrying aid have been allowed to enter Gaza from Egypt since Oct. 21. But humanitarian workers say the aid that has come through the Rafah crossing is insufficient to meet mounting needs in the territory, which is home to some 2.3 million Palestinians.

The crossing was closed on Saturday and Sunday because of a dispute among Israel, Egypt and Hamas. But it reopened Monday for the evacuation of patients and foreign passport holders, according to Wael Abu Omar, a spokesman for the Palestinian Crossings Authority.

Northern Gaza is facing a severe water shortage, as there is no fuel to pump from municipal wells and Israel shut off the region’s main line. The U.N. office for humanitarian affairs said seven water facilities across Gaza were struck over the last two days and sustained “major damage,” raising the risk of sewage flooding. Israel has restored two water pipelines in central and southern Gaza, the U.N. said.

Some 800,000 people have heeded Israeli military orders to flee to southern Gaza. Some 2,000 people, many carrying only what they could hold in their arms, walked down Gaza’s main north-south highway on Sunday. “The children saw tanks for the first time. Oh world, have mercy on us,” said one Palestinian man, who declined to give his name.

But Israeli bombardments have continued across the territory, and strikes in central and southern Gaza — the purported safe zone — killed dozens of people on Sunday. Israel blames civilian casualties on Hamas, accusing the militants of operating in residential neighborhoods.

After another strike Monday, in the southern town of Khan Younis, men dug through the rubble with sledgehammers and their bare hands. A young boy caked in dust screamed as he was rolled onto a stretcher and carried away. At least two people were killed, according to an AP reporter at the scene.

Earlier Monday, Palestinians held a mass funeral for 66 people outside a hospital in the central town of Deir al-Balah. The bodies were wrapped in white sheets on the ground outside the hospital morgue. A man with bandages wrapped around his head placed his hand on a child’s body and wept.

The Health Ministry said that 10,022 people have been killed in Gaza, including over 4,100 children and 2,600 women.

AP23309592796494 — Palestinians inspect the damage of a destroyed house following an Israeli airstrike in Jabaliya refugee camp, on the outskirts of Gaza City, Sunday, Nov. 5, 2023. (AP Photo/Mohammed Alaswad)

Meanwhile, four civilians were killed by an Israeli airstrike on a vehicle in south Lebanon late Sunday, including three children, a local civil defense official and state-run media reported. The Israeli military said it was reviewing the strike, after initially saying it had struck Hezbollah targets following anti-tank fire that killed an Israeli civilian. Hezbollah said it fired Grad rockets into Israel in response.

In the overnight strikes in Gaza, the Israeli military said it had killed a senior Hamas militant, identified as Jamal Mussa, who had allegedly carried out a shooting attack against Israeli soldiers in Gaza in 1993.

It said 30 Israeli troops have been killed since the ground offensive began over a week ago. Hamas and other militants have continued firing rockets into Israel, disrupting daily life even as most are intercepted or fall in open areas. Tens of thousands of Israelis have evacuated from communities near the volatile borders with Gaza and Lebanon.

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Thai Smile Terminates in Jan 2024; Its Fleet Moves to Thai Airways

By

Khaosod English

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6 November 2023, 19:52

AW IG แจ้งปลอม — Thai Smile says goodbye.

Thai Smile, a domestic subsidiary of Thai Airways established in 2011, will cease operations and transfer all its activities and staff to an internal company in January 2024.

Chai Eiam-siri, the CEO of Thai Airways, announced the restructuring plan. Currently, 20 Airbus A320s are being taken over from Thai Smile, which were mainly used on domestic and international short-haul routes. There are also plans to bring Thai Smile’s employees under the Thai Airways umbrella. This transition is expected to be completed by January 2024.

So far, 4 aircraft have already been handed over. The process of returning 20 aircraft to Thai Airway begins with the airline notifying the Civil Aviation Authority of Thailand (CAAT) and the Ministry of Transport.

Once the 20 aircraft have been returned, the Air Operator’s Licence (AOL) must be cancelled. This measure will lead to the end of the WE Airline Code for Thai Smile. In addition, Thai Smile’s licence will expire in January 2024.

This change will reduce Thai Airways’ average daily aircraft utilisation from 12-13 hours to 11 hours per day, which is still higher than Thai Smile’s average of 9 hours per day. This change is expected to reduce Thai Airways’ hourly operating costs by approximately 20 percent.

thaiairways4 — Chai Eiam-siri, the CEO of Thai Airways

Mr Chai mentioned that the employees of Thai Smile will have to work under Thai Airways. Thai Smile’s pilots and crew will continue to use Airbus A320 aircraft and operate both domestic and international routes under the airline’s TG code. Thai Airways will expand its service on all routes previously operated by Thai Smile.

As far as the name “Thai Smile Airways” is concerned, it is currently assumed that it will remain registered as an independent company. Thai Airways sees opportunities to utilize Thai Smile for other aviation related businesses.

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Introducing Park85 Residences: An Ultimate Luxury Freehold Condominium Nestled in the Heart of Sukhumvit 85.

By

Contributor

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6 November 2023, 16:09

“You have dreamt for the best, now it’s time to make it yours.”

The Condominium delivers an exceptional experience by seamlessly blending Swiss concepts with Thai elements, with a commitment to enhancing residents’ quality of life through the integration of cutting-edge technology.

Developed by the founding family of Bangkok Patana School, Park85 Residences is an exquisite ultimate luxury condominium situated in the prime location of Sukhumvit 85, conveniently linked to Bangkok’s CBDs. The property – located at the quiet end of 2 lanes – offers urban connectivity while preserving a tranquil atmosphere and draws inspiration from Swiss ethos to create a living space dedicated to enhancing the quality of life.

Designed by the renowned architectural firm Duangrit Bunnag (DBALP), Park85 Residences is destined to pursue an unparalleled quality of life for its residents. Employing world-class technology, the design aims to provide a distinctive and exclusive experience, catering to the lifestyle needs of those seeking an exceptional and one-of-a-kind way of living.

Fiona Rodel, a member of the third generation of the founding family of Bangkok Patana School and the project manager for Park85 Residences under Fander Helvetic Thai Limited, has disclosed that Park85 Residences is an extraordinary ultimate-luxury low-rise freehold condominium. It comprises two buildings, each rising to a height of seven floors and featuring a total of 47 units. The development is designed to provide residents with matchless privacy and a unique living experience, fostering a community that meets the needs of both small and large families. Park85 Residences is driven by the mission of enhancing the quality of life by seamlessly blending the best of both Western and Eastern cultures. This fusion mirrors the identity of its Thai-Swiss project manager, whose family heritage has embraced Thai culture across generations.

An essential highlight of the property is its prime location, situated at the connecting point of Sukhumvit Soi 85 and 87. This offers exceptional convenience for commuting, with easy access to major expressway entrances and exits, including those on Sukhumvit 50 and Sukhumvit 62. Additionally, it is in close proximity to BTS Bang Chak and BTS On Nut stations. Furthermore, the development is ideally located near prominent educational institutions and renowned international schools such as Wells, Bangkok Prep, St. Andrews and Bangkok Patana. It is also conveniently close to Samitivej, Sukhumvit and Ruamjairak Hospitals and the prestigious golf courses along Bangna Trat Road like Thai Country Club, among others.

Park85 Residence offers MORE for Life through 3 pillars:

More SPACE for Life.

This focus on spaciousness ensures enhanced convenience and superior comfort, catering to the well-being of residents of all ages and accommodating both small and large families. The design of the unit sizes on each floor is thoughtfully crafted to offer a diverse range of room styles, allowing for a mix of characteristics. This design also prioritizes high levels of privacy, providing options ranging from spacious 1-bedroom units to luxurious penthouses. Moreover, every unit features a walkout terrace extending from both the bedroom and living room, connecting residents with the natural surroundings.

Among the array of unique amenities, Park85 Residences offers private underground storage units inspired by the Swiss tradition of having a dedicated storage area in the basement of homes. These storage rooms are equipped with air conditioning and an energy recovery ventilation system to maintain an optimal temperature, making them perfect for storing large sports equipment, luggage, and other items that require a specific storage environment. It can even be used as a hobby room.

Furthermore, another exceptional feature is the wine & whiskey cellar, which adhere to high standards and can accommodate 50 bottles or more per locker. In addition to these features, Park85 Residences also offers convenient bicycle parking with the Velopa AG bicycle parking system imported from Switzerland, as well as a designated car washing area, ensuring that residents’ special vehicles are well taken care of.

Moreover the project offers following features like ample Co-Working Space and a practical Delivery Drop-off Room next to the reception.

More QUALITY for Life.

The second pillar places an emphasis on cultivating a high standard of living and enduring happiness for residents. This commitment is manifest in the thinking and design of every aspect of living within the property, incorporating world-class innovation to respond to the lifestyles of every modern family.

The project has obtained certification from the Thailand Institute of Nuclear Technology (Public Organization), ensuring a very low value of soil radon gas at the property, a major carcinogen that can be present in the air due to its release from ground-level sources. Moreover the project will be offering an advanced built-in air exchange system, which will ensure a constant flow of clean & fresh air for all units.

In addition, the property offers a unique option for residents seeking a peaceful escape in the form of “Digital Detox”, enabling them to enjoy restful sleep without concerns about interference from electromagnetic radiation (electric and magnetic fields or EMF), which can result from portable devices, household appliances, and various electrical equipment within the home.

Moreover the project offers following features like Flood Protection, High-end Kitchen and Luxury European Lavatories.

More LOVE for Life.

The third pillar stems from the unique fusion of Thai and Swiss cultures, resulting in something truly exceptional. At Park85 Residences, there is a strong emphasis on fostering a sense of community that reflects the ambiance of a park. This “Park” concept encourages families and friends to come together, relax, live, and relish the beauty of nature, even within the bustling city environment.

To further support this, the project includes a versatile multi-purpose space designed for pets, allowing both pets and their owners to spend time together. In addition to placing a strong emphasis on extensive green spaces, Park85 has installed solar panels on the roof. These panels harness renewable energy from the sun and channel it into powering the common areas within the property.

Moreover, Park85 Residences caters to a multitude of needs by providing spacious community areas, ensuring wheelchair accessibility throughout the development, preserving a historic 150-year-old stone fountain from Switzerland, and offering ample EV charging stations that accommodate cars, motorcycles, and bicycles. Notably, it features probably the largest in-pool tree in Bangkok as well.

Join us in discovering a residence where your health and happiness are not just priorities; they’re the cornerstones of our community. Welcome to a life of elevated living, where your well-being is our unwavering commitment.

Or as Fiona tends to say: “Welcome to the place we call Home. A place where you belong”

Nalinrat Chareonsuphong, managing director of Nexus Property Marketing Company Limited, which serves as the marketing and sales consultant for the Park85 Residences project, shared insights into the development. Nexus has been actively involved in this project for the past four years. Its distinctive quality in attention to detail and the unique blend of Swiss precision and an understanding of the Thai context.

This combination has given rise to an ultimate-luxury development that stands apart, with a clearly defined selling point and target customers in mind. The project is thoughtfully crafted to genuinely meet the needs of this consumer demographic, encompassing technology, functional living spaces, and a range of project amenities. It is firmly believed that Park85 Residences will open a new dimension of luxury, truly setting it apart as an unparalleled living experience.

In the super luxury condominium market in the Sukhumvit area this year, there is a noticeable trend of continuous development by project developers who are consistently introducing new projects to the market.

These developers are competing in terms of project quality and selecting highly attractive locations as their primary selling points. It is also found that the current demand in the super luxury condominium market in the Sukhumvit area primarily stems from buyers who are looking for properties to live in, and this group includes both Thai and foreign individuals. In this segment, the average price per square meter typically exceeds 290,000 baht, with unit prices surpassing 20 million baht.

“The intriguing aspect of the Sukhumvit 85 location is its peaceful and residential-friendly nature. Despite its tranquil atmosphere, it enjoys the convenience of expressway and electric train connections, enabling easy travel to different areas of Bangkok. Additionally, its proximity to educational institutions and nearby residential communities, as well as popular social hubs like Thonglor and Ekkamai, makes it an ideal location,” said Nalinrat.

For more information, please visit our website at www.p85r.com or contact 0961859085 or contact@p85r.com.

Zero Starving Sea Turtles Project Is Aimed to Restore Undersea

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6 November 2023, 15:59

The initiative of the ‘Zero Starving Sea Turtles’ project persuaded people to take it with two siblings whose hearts are full of desire to save this endangered species.

The key objective of the project is to increase the survival rate of sea turtles and restore the balance of the undersea food web.

In an era when the world is fully equipped with technological advancements in most aspects of daily life, people are becoming increasingly distant and, at times, oblivious to nature, forests, wild animals, and sea creatures.

Furthermore, rapid economic development is causing harm and posing threats to animal lives, resulting in declining populations and the extinction of some species. Younger generations are leaning towards materialism and urbanization, often displaying less awareness of and appreciation for nature and their surroundings.

Presently, numerous environmental campaigns are underway, aiming to rekindle and nurture love for nature. One such initiative is the “Zero Starving Sea Turtles” project led by the siblings of Mr. Arin Thongtang (In) and Miss. Arisa Thongtang (Aim), who are filled with a passion for conserving endangered sea turtles.

Their fundraising project focuses on nurturing sea turtle hatchlings to increase the survival rate of baby sea turtles, raising it from a mere 0.1% when these hatchlings are left in their natural environment to a remarkable 70% if they are nurtured to reach a weight of no less than 2kgs and a minimum length of 1 foot before being returned to the ocean.

Mr. Arin Thongtang (In) and Miss. Arisa Thongtang (Aim) revealed their deep affinity for reptiles. They have raised tortoises and freshwater turtles, even constructing ponds at home to nurture them. In December 2022, they had the opportunity to visit the Koh Man Nai Sea Turtle Conservation Center with their family and friends, gaining invaluable insights into the challenges faced by sea turtles and the center’s commendable efforts.

This sanctuary has nurtured tens of thousands of hatchlings and provided care and rehabilitation for injured turtles, with its initiation dating back to the Queen of the Ninth Reign in 1975. This experience ignited within them the desire to initiate public awareness, fostering change, and enlightening others about these magnificent creatures. Their aim is to transform their personal passion for animal care into a purposeful contribution to society and the environment.

Mr. Arin Thongtang (In) and Miss. Arisa Thongtang (Aim) are fascinated by the fact that sea turtles have been in this world for ages and have managed to adapt and survive until today. They are companions to dinosaurs, which became extinct about 110 million years ago. Additionally, sea turtles play a crucial role in maintaining marine food chains and ecosystems. They are recognized as ecological keystone species that provide habitat for other marine life, thus contributing to biodiversity.

As herbivores, they regulate seagrass and algae, which, in turn, benefits coral reefs. The declining sea turtle populations have far-reaching consequences for the marine environment, including disrupted water flow and increased seagrass blocking sunlight. This, in turn, triggers issues like soil erosion, excessive growth of microorganisms, and imbalanced ecosystems. The absence of sea turtles also poses challenges for both predator and prey populations.

Mr. Arin Thongtang (In) and Miss. Arisa Thongtang (Aim) had the opportunity to meet with Deputy Prime Minister and Minister of Natural Resources and Environment, Pol. Gen. Patcharawat Wongsuwan, to introduce their project. The Minister praised them for initiating this well-aware project, which reflects their proactive commitment to society and the environment.

Although the project may seem relatively small in size, it serves as a crucial stepping stone for the youth to take a lead, take action, and conscientiously care for the world around them. The younger generation will play an important role in the restoration of the environment and its resources.

These wholehearted siblings would like the Ministry of Natural Resources and Environment to take charge of increasing awareness, understanding, and knowledge about how to care for sea turtles. Many people mistakenly believe that releasing baby sea turtles, as small as 10-baht coins, into the sea is a good deed.

However, in reality, these tiny sea turtles are unlikely to survive, as they will be overwhelmed by their natural predators. Therefore, the objective of the “Zero Starving Sea Turtles” project is to seek funding to nurture sea turtle hatchlings until they reach a weight of at least 2kg and a minimum length of 1 foot, which takes approximately around 200 days of nurturing before releasing them back into the wild.

The target fundraising for this project is set at 600,000 baht, assuming a minimum expense associated with nurturing sea turtle hatchlings is 6,000 baht each, which equates to 30 baht per day. Over the course of a day, the dietary regimen includes breakfast, featuring fresh or pellet-based nutrition, amounting to approximately 10 baht per serving. For the midday meal, a selection of fresh vegetables like Chinese kale is provided.

These items are both easily procurable and capable of prolonged storage, collectively incurring an average cost of about 10 baht, with an additional 10 baht for medical expenses, culminating in a total of 30 baht per day. Their intention is to set an objective aimed at collaboratively raising funds to cover the expenses associated with nurturing food for 100 sea turtle hatchlings.

If you are interested in being a part of the effort to restore the balance of the undersea, please consider contributing to the “Zero Starving Sea Turtles” project by Below the Tides through the Taejai platform at https://taejai.com/en/d/below-the-tides-zero-starving-sea-turtles_an/#donate

HELLO! Magazine Thailand Hosts H! LIST 2023: ‘The Glamor of Nature’ Charity Dinner

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6 November 2023, 15:37

The event of the year was set to celebrate the release of the ‘H! LIST 2023’ magazine and honor celebrities who are devoted to serving society.

HELLO! Magazine Thailand hosts the grandest charity dinner of the year, titled “H! LIST 2023: ‘The Glamor of Nature’ Charity Dinner,” in celebration of the release of the special edition magazine ‘H! LIST 2023,’ which features the names of over 600 prominent figures in social circles.

The dinner also featured the presentation of the HELLO! Sustainability Awards and art auctions aimed at raising funds for The Mae Fah Luang Foundation under Royal Patronage, all within a joyous atmosphere filled with the beaming smiles of numerous distinguished guests in attendance.

During the event that took place in the Magnolia Ballroom at the Waldorf Astoria Bangkok on the evening of October 27, Björn Rettig, Chief Executive Officer of BurdaLuxury Asia and India, Kessuda Marawichai, Editor-in-Chief of HELLO! Magazine Thailand, and Ploydee Chantarasomboon, the magazine’s Social Director, extended a warm welcome to the esteemed guests.

Kessuda Marawichai, Editor-in-Chief of HELLO! Magazine Thailand, expressed, “HELLO! Magazine is dedicated to featuring individuals within the social sphere. As a result, we gather information about a wide range of people, creating a ‘People Community’ under one platform. This is the essence of H! LIST, which is now celebrating its 5th year.”

She continued, “Furthermore, over the years, HELLO! Magazine has remained committed to sustainability, emphasizing that regardless of the industry or business sector one belongs to, it is vital to prioritize, support, dedicate efforts, and generate lasting, sustainable benefits for society in every domain, including the luxury industry. As a result, we organized an event with the theme ‘The Glamor of Nature’ and presented the HELLO! Sustainability Awards to individuals who have wholeheartedly committed themselves to fostering, advocating, and extending benefits to the public through sustainable practices. The recipients of this award are individuals who serve as inspirational figures, continuously sharing goodwill and contributing to society.”

The HELLO! Sustainability Awards is a prestigious recognition bestowed upon individuals who have demonstrated unwavering dedication to society by consistently delivering benefits to the public within the three key sustainability frameworks: the environment, society, and the economy.

The recipients of this award include esteemed individuals such as Buntoeng Vongkusolkit, Chairman of Mitr Phol Group, Thiraphong Chansiri, President and Chief Executive Officer Thai Union Group Public Company Limited, Wallapa Traisorat, Chief Executive Officer and President of Asset World Corp Public Company Limited, Piti Bhirombhakdi, Senior Executive Vice President at Boon Rawd Brewery Company Limited and Chairman of the Board at Boon Rawd Supply Chain Company Limited, Dr. Usanee Mahagitsiri Leoneo, President of KFU Company Limited, and Pimpan Diskul Na Ayudhya, Vice President of Sustainability Education at The Stock Exchange of Thailand.

Additionally, the other distinguished recipients of this award comprise Pipatchara Kaeojinda, co-founder and creative director of the brand ‘PIPATCHARA’, Pipat Apiruktanakorn, the founder of KidKid Company Limited, Phanuphon Bulsuwan, also known as Chef Black and the founder of Blackitch Artisan Kitchen, Thanyarat Jirathitikeat, Chief Executive Officer of C Drink Company Limited, and Amata Chittasenee, better known as Pearypie, a social culture maker.

The highlight of this special evening was the auction of these four remarkable works of art, each created by artists who poured their heart and soul into their craft. These masterpieces included “Metamorphosis A Tale in Textile” (2019) by Ploenchan Vinyaratn, a piece crafted from fabric scraps, various fibers, and yarns, showcasing her dedication as an artist of over two decades. “Cocoon Earth” by Somnuek Klangnok, also known as Kru Parn, demonstrated the use of acrylics on canvas as a unique artistic technique.

The third work, “MookmooK” by Teerapoj Teeropas, was a creative transformation of the iconic “Peacock chair,” affectionately known as the “Beauty Queen Chair,” using environmentally friendly materials like recycled plastic and coffee chaff.

Lastly, the “Infinitude Lyra Fringe” bag, featured in the latest PIPATCHARA brand’s runway collection, was designed by Pipatchara Kaeojinda, using recycled plastic bottle caps and clear plastic cutlery.

After experiencing the joy of contributing to the Mae Fah Luang Foundation and indulging in delectable food and beverages, the esteemed guests were treated to a captivating performance by talented celebrity artists. The evening featured Finnegan Sukosol serenading the audience with “Fly Me to The Moon,” followed by a delightful duet by Finnegan Sukosol and Jay Veerayano with “What a Wonderful World”.

Ardhawadee Jiramaneekul also graced the stage with a rendition of “Reason.” The night concluded with a lively party, featuring the artist beloved by young women, Popetorn Soonthornyanakij.

This event received strong support from valued partners, including Lamborghini Bangkok by Renazzo Motor, Skinology No.5, UOB Privilege Banking, Smeg Thailand, and C2 drinking water.

It was an extraordinary evening, with distinguished guests coming together to actively participate in supporting, dedicating themselves, and contributing to the creation of sustainable benefits for society.

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