United States-based global investment heavyweight Goldman Sachs and Apollo Global Management of the U.S. are investing $236 million in Thailand’s Pace Development Corporation, the builder of Bangkok’s tallest skyscraper and a firm that has plans for other high-profile real estate developments in the near future, Pace’s CEO said last week.
A local oil retailer and a company that produces tapioca products have joined forces to invest in a plant that will produce the biofuel ethanol from cassava pulp, the first such plant in the world.
The companies said the plant is expected to be up and running and turning out over 50,000 gallons a day by 2020. The venture fits neatly into Thailand’s national effort to increase its development of green energy and source 25 percent of all its energy from renewable sources by 2036.
The southern resort island of Phuket is making strides towards becoming the region’s leading destination for luxury yachts with industry analysts and developers touting the gem of the Andaman Sea as the next port of preference for super-yacht owners who usually ply the waters of the Caribbean and Mediterranean seas, according to the Asia Times online newspaper.
In keeping with decades of tradition, Thailand’s new constitutional monarch King Maha Vajiralongkorn addressed the nation the day before the New Year to thank the people for their show of love and respect toward his late father and urge them to be unified to solve the country’s problems, as record numbers of worshippers attended New Year prayers at temples across the land.
Thailand’s success as the only net food exporter in Asia is a foundation for future achievement as the Kingdom should use new technology to become one of the top five food exporting countries in the world during the next 20 years, according to plans and recommendations issued last week by the National Food Institute, a government agency.
After 15 consecutive years of being Thailand’s largest B2B tourism trade event, the Tourism Authority of Thailand (TAT) continues its successful tourism fair hosting to announce the 16th Thailand Travel Mart Plus Amazing Gateway to the Greater Mekong Subregion (TTM+) 2017 in the northern Thai capital of Chiang Mai.
To be held on 14 – 16 June, 2017, at the Chiang Mai International Exhibition and Convention Centre (CMECC), the event will bear the theme of “Discover Unique Local Experiences.” Registrations for buyers and sellers will open on 15 December, 2016, via its official website www.thailandtravelmartplus.com
Organised annually by TAT, the TTM+ has gained a reputation among the Thai and international tourism industries as a “must-attend” event in their calendar. It is proven to be very popular for exhibiting the many creative new travel products and services emerging all around the country and the Greater Mekong Subregion (GMS).
The TTM+ 2017 will provide an excellent platform for all participants, both sellers and buyers, to meet with current and potential business partners, as well as to introduce, update, and expand their business. The event is also a great opportunity for especially the small- and medium-sized enterprises in the tourism industry to showcase and boost their profiles to the international market. Local and international media will also be invited to publicise and promote the event.
Mr. Yuthasak Supasorn, TAT Governor said, “Once again, the TTM+ is to be held in Chiang Mai as the feedback from the TTM+ 2016 was very much in favour of this charming Thai Northern province, as it is positioned as the closest Thai gateway to our neighbours in the GMS, with a spacious convention centre and superb hotel facilities to accommodate all the guests.”
He added, “The improving transportation connectivity in the GMS enhances the appeal of the entire area, giving buyers and media a chance to explore the many emerging new products and services. Also, the TTM+ 2017 has a special focus on exquisite forums with high-level keynote speakers, tourism showcases and workshop, and the new highlight: a local tourism-related products and services exhibition from local suppliers. Additionally, we will emphasise the new Thai tourism campaign “Amazing Thailand, Discover Amazing Stories: The Unique Thai Local Experiences”, which features Thailand’s local experiences that travellers can obtain in a specific area, distinctive stories with its own history, culture, or tradition, considering an element of the journey that leads travellers to learn the way of Thai life. Whereas each community has its own unique tales and expertise, this offers travellers exciting new perspectives.”
TAT is expecting 350 quality buyers from over 60 countries across the globe. This is in line with the strategy to penetrate emerging source markets; such as, Eastern Europe, the Commonwealth of Independent States, the Middle East, South America and South Africa. Tour operators who do not currently feature Thailand and the GMS countries in their product profile will also get priority in order to interest them in expanding their client base.
Amongst exhibitors, TAT is expecting 400 sellers from all regions of Thailand and the GMS countries The rest of the exhibitors will include the normal range of hotels/resorts, tour operators/travel agents, entertainment facilities, transportation, tourism attractions, travel associations, NTOs and other travel services.
Buyers: 300 USD (10,500 Baht) for hosted buyers. For non-hosted buyers, the fee for foreign delegates is 200 USD (7,000 Baht) and local delegates 100 USD (3,500 Baht). Late deciders (local buyers only) can register on-site for a fee of 150 USD (5,250 Baht). Applications are open from 15 December, 2016 until 15 March, 2017.
Sellers: 30,000 Baht for early bird participants, who pay within 15 February, 2017. The fee will rise to 35,000 Baht after 15 February, 2017. The online application will be available only until 15 March, 2017 so is the payment deadline.
On 2 November, 2016 Dr. Suvit Maesincee, Deputy Minister of Commerce held a meeting with Mr. Ross Deval, Chief Researcher of the Milken Institute, a leading economic think-tank based in the United States and the Board Members of the Institute. Mr. Pisan Manawapat, Ambassador of Thailand to the United States, Mr. Tanee Sangrat, Consul General of Thailand, Los Angeles, and representatives from the private sectors including those from World Trade Center in Los Angeles, NASA-Jet Propulsion Laboratory, Zodiac Aerospace, Oracle and AT&T joined the meeting.
Thailand’s national symbol will join in honoring King Bhumibol Adulyadej this November when 300 elephants, many in traditional battle garb and regalia, will join a procession in Surin province to pay homage to the beloved late monarch who passed away on October 13.
The procession will be held November 16-20 in lieu of the annual elephant roundup, which is a major tourist attraction that draws foreigners and Thais from all around the Kingdom. It will be a fitting gesture for the King who worked to protect and conserve Thailand’s environment and wildlife and who owned several elephants.
In keeping with the customs of a monarch in Southeast Asia, King Bhumibol possessed a stable of 10 white elephants, which are considered sacred and symbols of royalty. A king’s status is elevated by the number of white elephants he owns, and a war was once fought centuries ago between the Thai Kingdom of Ayutthaya and its neighbor over several white elephants.
White elephants are exceedingly rare. They are not actually white, but a reddish brown color that turns to pink when they are wet. They are called white because white is a symbol of purity. In Hindu lore, white elephants belonged to the god Indra, making them extremely auspicious, and elements of Hinduism can be found mixed in with Buddhism in the region.
“White elephants are believed to be vital to the wellbeing and prosperity of the Kingdom. A white elephant was on the national flag until 1917,” according to the website of the Thai Elephant Conservation Center (TECC), which has been home to King Bhumibol’s elephants for the past 30 years.
There are several grades of white elephants depending upon their coloring and markings, and whenever one is found, they are offered to the king by custom. Lower grade white elephants are given to the monarch’s friends or allies, or may be refused entirely. “Only palace experts can determine what qualifies as an auspicious elephant and then assign it a rank,’’ the TECC wrote.
King Bhumibol and the royal family gave generously to the conservation center, which also receives funds from the government. Located in the northern province of Chiang Mai, it is home to about 50 elephants and operates an elephant hospital and mobile clinic. It also conducts scientific research into the pachyderms.
The greatest threat to Thailand’s elephants is loss of habitat. Deforestation has been robbing wild elephants of their homes. King Bhumibol was a passionate advocate of preserving Thailand’s forests, and it is not uncommon to see major corporations, such as PTT, planting millions of new trees as a way of honoring the King.
Source: Royal Thai Embassy, Washington D.C.
Everyone dreams of going to a beach filled with white sand and crystal clear waters. You know, the type of dream where you are sipping a coconut in one hand as your hammock gently sways to the sound of the gentle waves. Yeah, that dream. In Thailand, most of the beaches have exactly what people are looking for which is why it’s a top destination for beach goers and travelers.
Given the amount of Islands, choosing which ones to visit is difficult so we’ve narrowed it down for you, compiling a list of the best beaches in Thailand. Although some of the beaches can get pretty crowded and touristy, catch it at the right time and you will think you’ve died and gone to paradise.