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  • 400 baht minimum wage for key tourist areas approved

    THE TRIPARTITE wage committee approved 400 baht per day minimum wage for four provinces and one district that are key

    The post 400 baht minimum wage for key tourist areas approved appeared first on ThaiResidents.com - Thai Local News - Thai News.

    THE TRIPARTITE wage committee approved 400 baht per day minimum wage for four provinces and one district that are key tourist areas from Jan. 1, 2025 onwards with this set at 372 baht for Bangkok and neighbouring provinces, TV Channel 7 said this evening (Dec. 23).

    Mr. Boonsong Thapchaiyut, permanent secretary of the Labour Ministry, said the committee decided after a five-hour meeting to increase the pay floor by 7 to 55  baht a day with the highest being a jump to 400 baht and the lowest 337 baht a day.

    Workers in Phuket, Chachoengsao, Chonburi, Rayong and Koh Samui district of Surat Thani province are to get 400 a day minimum wage from Jan. 1 onwards because they are collectively a key tourist zone with relatively high cost of living.

    Getting 380 baht a day minimum wage are workers in Chiang Mai City and Hat Yai district of southern Songkhla province while those in Bangkok and six adjoining provinces see this rise to 372 baht a day.

    The minimum wage for workers in remaining provinces was adjusted by 2%.

    Employers did not in any way object to this hike but asked that government agencies have measures in place to assist them.

    The wage committee will submit its resolution to the cabinet for approval as soon as possible.

    Photo: Thai Rath

    The post 400 baht minimum wage for key tourist areas approved appeared first on ThaiResidents.com - Thai Local News - Thai News.

    25 December 25 2024
    MONEY
    https://thairesidents.com/?p=50854
  • Subscription Condo: RentNex Model by SENA

    SENA Development introduces “RentNex,” Thailand’s first subscription-based condo model, tailored for the “Generation Rent.” This innovative solution provides affordable and

    The post Subscription Condo: RentNex Model by SENA appeared first on ThaiResidents.com - Thai Local News - Thai News.

    SENA Development introduces “RentNex,” Thailand’s first subscription-based condo model, tailored for the “Generation Rent.” This innovative solution provides affordable and flexible living options, addressing the evolving needs of younger generations who prioritize flexibility and financial ease over property ownership.

    Key Highlights of RentNex Model

    • Why Generation Rent?
      Economic and societal shifts, rising property prices, and lifestyle preferences have made renting more appealing to younger generations. Owning property has become challenging due to high land prices, rising interest rates, and career instability. Renting provides freedom and reduced financial burdens, aligning with modern needs for flexibility.
    • What is RentNex?
      A subscription-based model inspired by platforms like Netflix and Spotify, RentNex allows tenants to rent condos across 20 prime projects in Bangkok. Tenants can switch locations within their chosen subscription package without additional deposits or contracts.

    Subscription Plans

    1. Silver Package (6,700 THB/month):
      • Access to SENA Kith and SENA Eco Town projects (12 locations).
      • Ideal for affordable yet quality living in convenient locations.
    2. Gold Package (10,000 THB/month):
      • Includes Flexi, SENA Kith, and SENA Eco Town (16 locations).
      • Suitable for urban dwellers seeking mid-range options.
    3. Platinum Package (12,200 THB/month):
      • Covers Niche Mono, Flexi, SENA Kith, and SENA Eco Town (20 locations).
      • Offers premium living with comprehensive facilities.

    Unique Benefits

    • Flexibility: Relocate within the subscription package without new contracts or extra deposits.
    • Savings: Earn a 20% discount on cumulative rent over three years when transitioning to property ownership.
    • Build Credit: Create a credit history with GHB for future home loans.
    • Inclusive Pricing: Rent covers common area fees and water charges.
    • Better Living: Access to amenities like fitness centers, pools, parking, and fully furnished units.

    Launch Date: Early 2025
    Learn More:

    The post Subscription Condo: RentNex Model by SENA appeared first on ThaiResidents.com - Thai Local News - Thai News.

    24 December 24 2024
    PROPERTY
    https://thairesidents.com/?p=50858
  • Summary: 4 Smart Tax Planning Tips for Salaried Employees

    As tax season approaches, salaried employees—especially first-time filers—should prepare by planning ahead. A strategic approach to tax filing not only

    The post Summary: 4 Smart Tax Planning Tips for Salaried Employees appeared first on ThaiResidents.com - Thai Local News - Thai News.

    As tax season approaches, salaried employees—especially first-time filers—should prepare by planning ahead. A strategic approach to tax filing not only simplifies financial management but also ensures efficient use of tax benefits. Here’s a checklist to help maximize your deductions:

    4 Key Tax Deduction Categories

    1. Personal and Family Deductions
      • Personal allowance: 60,000 THB
      • Spouse allowance: 60,000 THB
      • Child allowance: 30,000 THB per child and childbirth expenses up to 60,000 THB
      • Care for parents aged 60 and above: 30,000 THB per parent (applicable for both your parents and spouse’s)
      • Support for persons with disabilities: 60,000 THB per person
    2. Insurance, Savings, and Investment Deductions
      • Social Security contributions: 9,000 THB
      • Parent health insurance: 15,000 THB
      • Personal health insurance: 25,000 THB
      • Life insurance and endowment plans: 100,000 THB
      • Retirement funds (e.g., RMF, SSF, GPF): Up to 500,000 THB
    3. Charitable Donations
      • General donations: Deductible up to 10% of taxable income
      • Social welfare donations: Deductible at 2x the actual amount (up to 10% of income)
      • Political party donations: Capped at 10,000 THB
    4. Government Stimulus Deductions
      • Easy e-Receipt Programme: Up to 50,000 THB
      • Secondary city travel: Up to 15,000 THB
      • Home loan interest: Up to 100,000 THB

    AXA’s Insurance Solutions for Tax Benefits
    AXA offers comprehensive health and accident insurance plans that not only provide extensive protection but also allow for tax deductions:

    • Health Insurance: Coverage includes common diseases, tropical illnesses, and cancer. Examples:
      • SmartCare Essential: Full medical expense coverage
      • Cancer Insurance: Lump-sum benefits up to 900,000 THB upon diagnosis
    • Accident Insurance: Affordable plans tailored to individual needs with flexible benefits up to 5 million THB.

    Purchasing insurance ensures financial protection and offers tax-saving advantages. Explore AXA’s insurance plans tailored to fit your lifestyle and tax planning needs:

    Remarks

    1. Tax deductions are subject to Revenue Department regulations.
    2. Policy coverage is determined by AXA’s terms and conditions. Be sure to review details before purchasing.

    The post Summary: 4 Smart Tax Planning Tips for Salaried Employees appeared first on ThaiResidents.com - Thai Local News - Thai News.

    24 December 24 2024
    HEALTH
    https://thairesidents.com/?p=50850
  • Fair to help debtors resolve problems

    A FAIR launched by the Justice Ministry to accelerate debt settlement is taking place this weekend as total household debt

    The post Fair to help debtors resolve problems appeared first on ThaiResidents.com - Thai Local News - Thai News.

    A FAIR launched by the Justice Ministry to accelerate debt settlement is taking place this weekend as total household debt has now reached over 16 trillion baht or more than 90% of the Gross National Product (GDP), Naewna newspaper said late afternoon today (Dec. 21).

    Justice Minister Thawee Sodsong presided over the opening of the “Debt Settlement Fair, Creating a Path of Justice” event at Ratchaburi Direkrit Building within the Government Complex, with this being the second year it is being held.

    A total of 29 financial institutions, including the student loan fund agency, are participating in the fair with 54,626 debtors invited to attend.

    These debtors were divided into two groups, with 29,413 still to be sued while legal proceedings have been completed for the remaining 25,213 with their debts totalling  7.190 billion baht.

    There are various activities at this fair including debt mediation, debt settlement discount, interest and installment discounts and extension of repayment period.

    There will also be debt resolution events in all 76 provinces nationwide throughout 2025.

    As total household debt has climbed over 16 trillion baht, or over 90 percent of GDP, the proportion of non-performing loans too is tending to increase.

    There are currently over 4.1 million civil and bankruptcy cases with assets worth 17.69 trillion baht. Of these 3.2 million are civil cases still in the courts while judgement of 810,000 cases are currently being enforced. In addition there are 53,000 bankruptcy cases with the debtors’ assets to be seized and auctioned off to repay creditors in keeping with the verdict.

    CAPTION:

     Photos: Naewna

    This report originally appeared at www.thainewsroom.com

    The post Fair to help debtors resolve problems appeared first on ThaiResidents.com - Thai Local News - Thai News.

    23 December 23 2024
    MONEY
    https://thairesidents.com/?p=50846
  • Rabbit Life Insurance Unveils Tax-Saving Plans and Year-End Perks at Bangkok Money Expo 2024

    Rabbit Life Insurance ends the year with exciting offerings at the 7th Bangkok Money Expo. Under the theme ‘Money Laborers,’

    The post Rabbit Life Insurance Unveils Tax-Saving Plans and Year-End Perks at Bangkok Money Expo 2024 appeared first on ThaiResidents.com - Thai Local News - Thai News.

    Rabbit Life Insurance ends the year with exciting offerings at the 7th Bangkok Money Expo. Under the theme ‘Money Laborers,’ the company encourages individuals to “Manage Money Before Money Manages You” through innovative tax-saving plans and exclusive promotions.

    Featured products include:

    • Hero 10/3 Insurance: A short-term plan with a three-year payment period, offering annual cashback and tax deductions up to 100,000 baht.
    • Mungmee 8555+ Pension Plan: Provides retirement-focused benefits with payouts and tax deductions up to 300,000 baht.
    • Health Smile Insurance: Affordable coverage starting at 348 baht, ideal for first-jobbers, with tax deductions up to 25,000 baht.
    • Jai Jai 25/9 Life Insurance: Offers family protection with annual cashback and death coverage up to 210% of the insured amount.

    Event-exclusive perks include a Rabbit Life water bottle with any purchase, premium gifts for policies starting at 50,000 baht, 0% instalment plans, and Rabbit Rewards points.

    Rabbit Life anticipates a 30% sales growth from the event, which runs from December 19-22, 2024, at Queen Sirikit National Convention Centre. Visit Booth E4, Hall 5, LG Floor, or learn more at www.rabbitlife.co.th.

    Terms and conditions apply. Please review policy details before purchasing.

    The post Rabbit Life Insurance Unveils Tax-Saving Plans and Year-End Perks at Bangkok Money Expo 2024 appeared first on ThaiResidents.com - Thai Local News - Thai News.

    22 December 22 2024
    AROUND TOWN
    https://thairesidents.com/?p=50838
  • : IVF Clinic for LGBTQ+ Couples in Bangkok: All You Need To Know

    In recent years, Bangkok has emerged as a leading destination for inclusive fertility treatments, making it a top choice for

    The post : IVF Clinic for LGBTQ+ Couples in Bangkok: All You Need To Know appeared first on ThaiResidents.com - Thai Local News - Thai News.

    In recent years, Bangkok has emerged as a leading destination for inclusive fertility treatments, making it a top choice for LGBTQ+ couples seeking to grow their families. With its advanced medical facilities, skilled specialists, and welcoming approach, the city offers a supportive environment for all. One such option is In Vitro Fertilization (IVF), a process that has provided hope and joy to countless LGBTQ+ couples. If you’re considering this path, here’s what you need to know.

    How IVF Works for LGBTQ+ Couples

    IVF involves fertilizing an egg outside the body in a laboratory and then transferring the resulting embryo into a uterus. For LGBTQ+ couples, IVF offers various possibilities tailored to individual needs:

    1. Lesbian Couples: Lesbian couples often opt for IVF using donor sperm. Some may choose reciprocal IVF, where one partner provides the eggs, and the other carries the pregnancy, allowing both to share in the journey.
    2. Gay Couples: Gay couples generally require both an egg donor and a surrogate. The sperm from one or both partners is used to fertilize the donor’s eggs, and the embryo is implanted in the surrogate.
    3. Transgender Individuals and Non-Binary Couples: Depending on their biological makeup and personal preferences, transgender and non-binary individuals can use IVF with egg or sperm preservation done prior to transitioning, as well as donor eggs, sperm, or surrogacy.

    Why Bangkok?

    Bangkok is known for its progressive attitude, making it a friendly and comfortable destination for LGBTQ+ couples. The city offers:

    • World-Class IVF Clinics: Bangkok boasts state-of-the-art medical facilities, highly trained specialists, and supportive staff who understand the unique needs of LGBTQ+ patients.
    • Affordable Costs: Compared to Western countries, IVF in Bangkok clinics is often more affordable without compromising on quality.
    • Legal and Ethical Considerations: Thailand has clear guidelines for egg donation and surrogacy, making it a reliable option for many LGBTQ+ couples. However, international couples should consult legal experts to navigate country-specific requirements.

    Choosing the Right IVF Clinic in Bangkok

    Selecting the right clinic is crucial for a smooth IVF journey. Look for clinics with experience in handling LGBTQ+ cases, comprehensive services like egg and sperm donation, and transparent communication. Bangkok is home to many renowned facilities, but it’s essential to find one that aligns with your needs and values.

    Challenges to Consider

    While Bangkok is a welcoming destination, IVF comes with its challenges, including emotional stress, financial investment, and potential legal intricacies. Ensure you have access to counseling services and a clear understanding of your rights and responsibilities throughout the process.

    IVF Services at V Fertility Center of Vejthani Hospital

    One of the top IVF clinics in Bangkok is the V Fertility Center at Vejthani Hospital. Renowned for its expertise, state-of-the-art technology, and compassionate care, the center has helped numerous LGBTQ+ couples realize their dreams of parenthood. Whether you need donor sperm, egg preservation, or surrogacy coordination, their dedicated team ensures a seamless experience from start to finish.

    If you’re ready to take the next step, Bangkok offers a supportive and inclusive environment for your IVF journey. Facilities like the V Fertility Center pave the way for a brighter future.

     

    The post : IVF Clinic for LGBTQ+ Couples in Bangkok: All You Need To Know appeared first on ThaiResidents.com - Thai Local News - Thai News.

    21 December 21 2024
    HIGHLIGHT
    https://thairesidents.com/?p=50842
  • Burger King’s ‘Sunburn Billboard’ Offers 999 Free Whoppers in Bangkok

    Burger King, the renowned American burger brand, has unveiled its latest creative marketing campaign, ‘The Sunburn Billboard.’ This innovative initiative

    The post Burger King’s ‘Sunburn Billboard’ Offers 999 Free Whoppers in Bangkok appeared first on ThaiResidents.com - Thai Local News - Thai News.

    Burger King, the renowned American burger brand, has unveiled its latest creative marketing campaign, ‘The Sunburn Billboard.’ This innovative initiative transforms Bangkok’s intense winter sunshine into 999 free flame-grilled Whoppers, offering a unique and engaging experience for customers.

    The campaign centers around a groundbreaking billboard design equipped with a curved, magnifying glass-like panel that concentrates sunlight into a single focal point. The heat ignites a piece of paper on the billboard, revealing a hidden QR code. Burger King app users can scan the code to claim a free Whopper, valued at 179 baht. This promotion is available only at the Ratchadaphisek branch from December 19 to 31, 2024, limited to 999 redemptions.

    Mr. Tanawat Damnernthong, General Manager of Burger (Thailand) Co., Ltd., stated:
    “This campaign showcases our commitment to delivering unique experiences and building strong brand recognition in Thailand. Over the years, we have successfully created viral marketing campaigns, such as the Real Cheese Burger with 20 layers of cheese and the Real Meat Burger. These efforts have increased our new customer base by 50% and quadrupled app memberships.”

    ‘The Sunburn Billboard’ transforms Thailand’s blazing winter sun into a playful, year-end gift, highlighting Burger King’s signature creativity. This experiential marketing approach is designed to leave a lasting impression and strengthen the brand’s connection with its audience.

    For more information, visit www.burgerking.co.th or Facebook: Burger King Thailand.

    The post Burger King’s ‘Sunburn Billboard’ Offers 999 Free Whoppers in Bangkok appeared first on ThaiResidents.com - Thai Local News - Thai News.

    21 December 21 2024
    AROUND TOWN
    https://thairesidents.com/?p=50834
  • Police bust foreign drug gang on Koh Phangan

    POLICE broke up a foreign drug gang that has been selling narcotics to tourists on Koh Phangan for almost two

    The post Police bust foreign drug gang on Koh Phangan appeared first on ThaiResidents.com - Thai Local News - Thai News.

    POLICE broke up a foreign drug gang that has been selling narcotics to tourists on Koh Phangan for almost two years with turnover reaching over 71 million baht and are moving to revoke their visas and deport the suspects as well as permanently blacklist them, MNG Online said today (Dec. 20).

    This major operation was mounted by the Immigration Bureau together with Surat Thani provincial police with Pol. Lt. Gen. Phanumas Boonnalak, head of Immigration Bureau, Pol. Maj. Gen. Songprote Sirisukha, head of Immigration Division 6, Mr. Noppadol Khaomali, Koh Phangan district chief, Pol. Col. Kridinithi Thongthip, deputy chief of  Surat Thani provincial police along with other police officers announcing the details at a press conference.

    Arrested was Mr. Federico Carlo Eugenio Pistolesi, 36, an Italian national, on the charges of possessing and distributing Ecstasy, a Category One drug, and Cocaine, a Category Two drug, plus money laundering.

    Seized along with 24 items of evidence were a bank account with 6.6 million baht, over two rai land plot in the name of  Pittayaland Co., Ltd. worth 8 million baht, a sedan with two other land plots likely held for him by nominees being investigated. In addition a real estate company of which Pistolesi is the director is also being checked.

    Two other foreigners who were found to have purchased drugs from Pistolesi, namely Mr. Roman Malik Bertagnal, 37, a French national, and Mr. Anton Zaozerov, 39, a Russian national, were arrested after they were found in possession of cocaine and Psilocybin mushrooms, commonly known as magic mushrooms and popular among foreign tourists.

    This case stemmed from the arrest of Mr. Peter Hull, a British national. on Mar. 1 this year on drug possession charges after which he was sentenced to five years and 11 months in jail.

    Investigation had revealed that Hull had ordered drugs worth over 200,000 baht from Pistolesi over more than a year.

    Pistolesi had also received cash transfers from several other foreigners living on Koh Samui and Koh Phangan with the turnover from drug dealings reaching over 71 million baht.

    The police team also revealed that Zaozerov had set up a company named Pure House Phangan Co., Ltd to provide cleaning services for villas, residences, gardens and swimming pools for foreigners with a Thai shareholder as a nominee to conceal drug dealings.

    This company has a registered capital of 4 million baht and has an unusual structure with Thais holding 100% of the shares and Zaozerov and his Russian wife being directors. It was found that a Thai national, Ms. Mina (surname withheld, held shares on Zaozerov’s behalf but the other shareholders were not acting as nominees. Charges have been filed against Mina.

    In another development, Koh Samui Immigration police also arrested Mr. Purevsuren Erkhes, 33, a Mongolian national found hiding on this island, for whom an Interpol Red Notice had been issued on charges of illegally running an online gambling app and he is going to be deported for prosecution in his homeland.

    Photo: MNG Online

    This report originally appeared at www.thainewsroom.com

    The post Police bust foreign drug gang on Koh Phangan appeared first on ThaiResidents.com - Thai Local News - Thai News.

    20 December 20 2024
    LOCAL
    https://thairesidents.com/?p=50829
  • Chiang Mai Design Week 2024: Celebrating a Decade of Creativity

    Chiang Mai Design Week (CMDW2024) marks its 10th anniversary as a leading platform for creators, designers, artists, and craftsmen. Organized

    The post Chiang Mai Design Week 2024: Celebrating a Decade of Creativity appeared first on ThaiResidents.com - Thai Local News - Thai News.

    Chiang Mai Design Week (CMDW2024) marks its 10th anniversary as a leading platform for creators, designers, artists, and craftsmen. Organized by Thailand’s Creative Economy Agency (CEA), the event showcases talent, fosters collaborations, and drives sustainable growth by utilizing local resources.

    From its start in 2014, CMDW has evolved into a global creative hub. Recognized as a UNESCO Creative City of Crafts and Folk Art, the festival highlights Chiang Mai’s unique blend of tradition and innovation. It has sparked a homecoming movement, inspiring local talents to return and contribute to their community.

    Key Milestones: Local to Global

    • 2014-2016: Began as a local showcase, introducing creative markets, workshops, and seminars.
    • 2017-2019: Gained international recognition, blending technology with traditional crafts.
    • 2020-2021: Adapted to the pandemic with sustainability-focused initiatives like “HomeComing Creator” and eco-friendly design practices.
    • 2022-Present: Partnered with global creators, featuring cross-cultural projects and cutting-edge innovations like VR/AR in design.

    Impact on Society, Economy, and Environment

    CMDW has driven economic value exceeding 5.36 billion THB, attracted over a million visitors, and revitalized urban spaces. It promotes interdisciplinary collaboration and sustainable practices, such as reusing pavilions and minimizing printed materials.

    CMDW2024 Highlights

    Under the theme “SCALING LOCAL – Transforming Local to Global through Creativity, Technology, and Sustainability”, this year’s event includes:

    • Lanna Gastronomy Exhibition: Showcasing sustainable culinary tourism.
    • Ready Set Old: Exploring healthy aging inspired by global “Blue Zones.”
    • Super Slow: Promoting mindful living through art.
    • Floral Wonders: Merging creativity and technology in the floral industry.
    • LABB.Fest 2024: Live music with Thai and international artists.

    Future Vision

    CMDW aims to cement its position as a global creative festival by maintaining high standards, fostering collaborations, and prioritizing sustainable practices. As part of the World Design Week network, it aspires to match the prestige of Milan Design Week, ensuring lasting global impact.

    Join CMDW2024 across Chiang Mai’s historic sites, such as the Three Kings Monument and TCDC Chiang Mai. For updates, visit chiangmaidesignweek.com

    The post Chiang Mai Design Week 2024: Celebrating a Decade of Creativity appeared first on ThaiResidents.com - Thai Local News - Thai News.

    19 December 19 2024
    LOCAL
    https://thairesidents.com/?p=50824
  • AXA Thailand Boosts ‘Project Oceans For All’ to Clean Chao Phraya

    AXA Thailand Insurance has launched the second phase of its partnership with the Oceans For All Foundation under the “AXA

    The post AXA Thailand Boosts ‘Project Oceans For All’ to Clean Chao Phraya appeared first on ThaiResidents.com - Thai Local News - Thai News.

    AXA Thailand Insurance has launched the second phase of its partnership with the Oceans For All Foundation under the “AXA Project Oceans For All” initiative. Building on last year’s success, AXA will invest 1.3 million baht in a second catamaran made entirely from recycled materials to enhance waste collection along the Chao Phraya River throughout 2025.

    Mr. Guillaume Mirabaud, CEO of AXA Thailand Insurance, emphasized that this initiative aligns with AXA’s global ESG mission, focusing on climate action and community empowerment. He stated, “This project reflects our commitment to inspiring change and protecting what matters most to our customers.”

    David Martin, President of Oceans For All Foundation, shared the success of the first catamaran, which collected over 14,000 liters of waste in early 2024. He expressed optimism that the new vessel would double the project’s impact on preserving the river’s ecosystem.

    Michael James Robinson, General Manager of Anantara Riverside Bangkok Resort, highlighted the resort’s continued support, including operational assistance and waste management solutions.

    This collaboration between AXA, Oceans For All Foundation, and Anantara Riverside Bangkok Resort underscores the power of partnerships in environmental conservation, setting a new standard for sustainable development and creating a cleaner, more sustainable future for Bangkok.

    4o

    The post AXA Thailand Boosts ‘Project Oceans For All’ to Clean Chao Phraya appeared first on ThaiResidents.com - Thai Local News - Thai News.

    18 December 18 2024
    HEALTH
    https://thairesidents.com/?p=50819