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Prime iCon fraud suspect ‘Boss Paul’ jailed
Prime iCon fraud suspect ‘Boss Paul’ jailed
BANGKOK: Warathaphon “Boss Paul” Waratyaworrakul, a prime suspect in The iCon Group fraud case, has been remanded in custody along with 17 other suspects after the Criminal Court approved a police request for detention yesterday (Oct 18).
Domestic tourism revenue sags
Domestic tourism revenue sags
BANGKOK: Festive events and new stimulus campaigns should push domestic tourism revenue to B950-970 billion this year, missing the target of B1 trillion because of a sluggish economy and the impact of flooding, according to the Tourism Authority of Thailand (TAT).
17 iCon fraud suspects sent to jail
17 iCon fraud suspects sent to jail
BANGKOK: Seventeen suspects in The iCon Group fraud case have been sent to jail after the Criminal Court rejected bail requests submitted by three celebrities, citing flight risk, while the others did not apply for release.
MPs split on including lese majeste in amnesty bill
MPs split on including lese majeste in amnesty bill
BANGKOK: MPs expressed mixed opinions on whether lese majeste offences should be included in an amnesty bill as the House of Representatives began reviewing a report prepared by a special House committee studying the bill.
PM courts China on 6G launch base
PM courts China on 6G launch base
BANGKOK: Prime Minister Paetongtarn Shinawatra has invited China to build a satellite launch base for providing 6G technology in Thailand as part of discussions aimed at strengthening economic cooperation, as both countries prepare to celebrate the 50th anniversary of diplomatic relations next year.
Tourism to gain from central bank cut
Tourism to gain from central bank cut
BANGKOK: Thailand's policy rate cut is expected to benefit the tourism industry, letting business operators invest and upgrade their services to improve competitiveness, while tourist spending could increase.
Thailand plans $1.7bn of soft loans for property sector
Thailand plans $1.7bn of soft loans for property sector
BANGKOK: The government is planning to offer B55 billion (US$1.66bn) of soft loans to support the property sector and help boost the economy, a deputy finance minister said on Thursday (Oct 17).
All 18 iCon suspects arrested on fraud charges
All 18 iCon suspects arrested on fraud charges
BANGKOK: Police have arrested all 18 suspects wanted in the iCon Group fraud case, including founder and CEO Warathaphon “Boss Paul” Waratyaworrakul, the Central Investigation Bureau (CIB) said last night (Oct 16).
Suspension of TM6 form for travellers extended
Suspension of TM6 form for travellers extended
BANGKOK: Use of TM6 immigration forms will remain suspended until April 30 next year to facilitate cross-border tourism while the new electronic travel authorisation (ETA) system is being developed, which could integrate tourism fee collection, officials say.
Assets seized as iCon probe expands
Assets seized as iCon probe expands
BANGKOK: The Anti-Money Laundering Office (Amlo) has impounded assets worth about B125 million from The iCon Group, its CEO and three others for 90 days while investigations continue into allegations that it ran a pyramid scheme.
Pisal resigns from Pheu Thai Party
Pisal resigns from Pheu Thai Party
BANGKOK: Former 4th Army chief Gen Pisal Wattanawongkiri, a list MP and fugitive defendant in the Tak Bai massacre case, has resigned from the Pheu Thai Party.
High-end tourists to help meet B500bn revenue goal
High-end tourists to help meet B500bn revenue goal
PHUKET: Phuket is planning to increase its tourism revenue to B500 billion in the second half of this year through policies that focus on high-end tourists.
House to finally debate amnesty for lese majeste cases
House to finally debate amnesty for lese majeste cases
BANGKOK: A controversial report on whether offences under the lese majeste law should be eligible for amnesty is finally set for a debate in parliament this week after two previous delays, according to the House panel in charge of the study.
New cap for private hospital claims
New cap for private hospital claims
BANGKOK: The Social Security Office (SSO) will have to reimburse hospitals contracted to provide healthcare under the social security system a fixed rate of B12,000 per patient per year in case of high-cost treatments, the government says.
Court defends judge over Move Forward remarks
Court defends judge over Move Forward remarks
BANGKOK: The Constitutional Court insists judge Udom Sitthiwirattham was not wrong in making his controversial remarks about the dissolution of the Move Forward Party.
Tourism promotion to help flood-hit North
Tourism promotion to help flood-hit North
BANGKOK: A co-payment tourism promotion scheme targeting flood-hit northern Thailand will be proposed to Cabinet for approval, according to Tourism and Sports Minister Sorawong Thienthong.
Thais to face Syria in King’s Cup final
Thais to face Syria in King’s Cup final
FOOTBALL: A Suphanat Mueanta brace helped hosts Thailand defeat the Philippines 3-1 on Friday night (Oct 11) and set up a showdown with Syria for the King’s Cup title at Tinsulanonda Stadium in Songkhla.
Rattanon roars on for Macao lead
Rattanon roars on for Macao lead
GOLF: Thailand’s Rattanon Wannasrichan kept up his unrelenting pace at the Macao Open yesterday (Oct 11) by adding a second-round four-under-par 66 to his opening 61 to keep the lead.
Phuket tourism operators fret over climate change
Phuket tourism operators fret over climate change
PHUKET: Phuket tourism operators are worried about the impact of climate change, resulting in severe weather and flooding in Thailand as well as tourist source markets.
Warrants sought in iCon case
Warrants sought in iCon case
BANGKOK: The Royal Thai Police (RTP) plan to ask a criminal court for arrest warrants against all parties involved in The iCon Group case including its owner after receiving complaints from 161 people who lost about B62 million to the suspected pyramid scheme.