Thailand’s 4-month-long winter begins

Workers clean the Kiew Mae Pan nature trail in the Doi Inthanon National Park in Chiang Mai province on Monday. The national park is a popular destination in winter. (Photo from the Facebook page of Doi Inthanon National Park)
Workers clean the Kiew Mae Pan nature trail in the Doi Inthanon National Park in Chiang Mai province on Monday. The national park is a popular destination in winter. (Photo from the Facebook page of Doi Inthanon National Park)

Winter started in Thailand on Tuesday with the arrival of a high pressure system from China and the cool season will likely continue for about four months, until February, according to the Meteorological Department.

Temperatures are expected to drop 2-4 degrees Celsius in the Northeast and the upper North and 1-3°C in the Central Plain and the upper South through the week until Sunday. Thunderstorms and strong winds are possible in some areas of these regions.

Rainfall is forecast to increase along the southern region’s east coast facing the Gulf of Thailand, brought by cool winds over the Gulf.

The department expects the cool season to remain with us until mid-February. Forecast lows average 20-21°C, compared with an average 21.6°C during the previous cool season, the weather office said.

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Chiang Rai in second phase of restoration

Deputy Prime Minister Phumtham Wechayachai, centre, visits Mae Sai district of Chiang Rai on Monday. (Photo: Public Relations Department)
Deputy Prime Minister Phumtham Wechayachai, centre, visits Mae Sai district of Chiang Rai on Monday. (Photo: Public Relations Department)

Chiang Rai is now in its second phase of restoration after the recent floods, focusing mainly on strengthening infrastructure, Deputy Prime Minister and Defence Minister Phumtham Wechayachai announced.

According to the Office of Prime Minister’s spokesman Jirayu Houngsab, Mr Phumtham and a group of Interior Ministry officials on Monday attended a ceremony to hand over flood-recovered areas in Chiang Rai’s Mae Sai district from soldiers and members of related sectors who had been providing assistance to locals.

In his opening speech, Mr Phumtham highlighted Prime Minister Paethongtarn Shinawatra’s concerns about flood-affected families and communities.

He said she had ordered the authorities to speed up restoration efforts so people could return to everyday life as soon as possible.

Following Ms Paethongtarn’s instruction, he said a frontal operations centre chaired by Deputy Interior Minister Theerarat Samrejvanich was set up to help maximise the government’s relief efforts.

As of now, the centre’s restoration effort has helped at least 800 families and completely cleared away mud from public areas.

Shop owners have begun to return to their jobs, and businesses have returned to normal, Mr Phumtham said.

He added that the restoration effort has now entered its second phase, which focuses on strengthening infrastructure to reduce the negative impacts of natural disasters while building the confidence of potential tourists looking to visit the province.

Restored areas are transferred to the Chiang Rai Interior Office so officials can begin the next phase, he noted.

According to acting provincial governor, Chotnarin Koedsom, 14 districts, covering at least 66 sub-districts, were reportedly affected by 40 days of inundation.

Of those, the most severe were in Muang and Mae Sai districts, with some areas being impacted by landslides.

Mr Chotnarin credited the cooperation between the government’s operations centre and at least 135 agencies, 1,724 taskforces and 8,826 officers, for the “success” of the first phase of restoration.

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1m flights target set for next year


The government has set an ambitious target of handling a million flights nationwide next year following the opening of Suvarnabhumi airport’s third runway earlier this month, Deputy Transport Minister Manaporn Charoensri said.

This is part of the government’s aim to make Thailand the region’s aviation hub and boost tourism and the economy, Ms Manaporn said following the opening of Suvarnabhumi airport’s third runway on Oct 3.

On Monday Ms Manaporn said that in the 2024 fiscal year, flights nationwide totalled 836,513, a 16% increase from last year.

Suvarnabhumi airport, which is Thailand’s main international gateway, handled 348,980 flights, or an average of 950 flights per day, closely approaching pre-pandemic volumes with continued growth expected, she said.

“The goal for the 2025 fiscal year is to accommodate one million flights at the airport,” she said.

Aeronautical Radio of Thailand (Aerothai) has emphasised its readiness to ensure the new runway’s total operational capacity, allowing Thailand to accommodate an increased volume of flights. Aerothai president Nopasit Chakpitak said the state enterprise’s preparations for the opening of the new runway started over five years ago with the development of an operational concept, environmental impact assessments, air traffic control (ATC) procedures, ATC staff training, and the installation of air navigation systems.

Additionally, Mr Nopasit said Aerothai prepared air traffic management systems, instrument flight procedure designs, safety risk assessments, and standard operations manual.

He said introducing the third runway has increased Suvarnabhumi’s capacity from 68 to 94 flights per hour.

The simultaneous parallel operation of takeoffs and landings has streamlined air traffic flow and optimised runway usage to minimise taxi distances and times, he added.

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Govt to review drone rules

A drone is used in a paddy field in Pathum Thani. (File photo: Pongpat Wongyala)
A drone is used in a paddy field in Pathum Thani. (File photo: Pongpat Wongyala)

Deputy Prime Minister and Digital Economy and Society Minister Prasert Jantararuangtong said the government is ready to support the effort to boost farmers’ access to unmanned aerial vehicles (UAV), or drones, to improve the management of the nation’s agricultural land.

Mr Prasert made the pledge at a Senate meeting on Monday, where he was asked by Senator Premsak Piayura about the government’s plans to promote the use of drones to improve disaster mitigation and emergency response, and the nation’s logistics and agricultural industries.

The minister said the government recognises the value of UAVs, calling it a powerful tool in dealing with natural disasters and managing the nation’s arable lands.

He said over 500 drones watch over four million rai of land across the country, providing the government with crucial information for various needs, including emergency response and weather forecasting.

The minister said the government will continue to support Thai drone manufacturers, saying relying on domestically developed drones and applications will help ensure the nation’s security.

The ministry has also come up with standard pricing and minimum quality specifications for drones used by official government agencies, set up drone repair centres and opened drone flying sessions in areas where agricultural drones are operated.

Though no central funding has been allocated to local agencies to buy drones, Mr Prasert said that agencies can set their own budgets.

Senator Premsak stressed the need for changes to the current rules to allow the public to legally possess and use drones.

Mr Prasert acknowledged the concerns but insisted that permission is required to use drones.

However, he said he would review current regulations to streamline the permit process for farmers.

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Ministry to back six new airport projects

Passenger count to double in 20 years

Passengers check in at Suvarnabhumi airport in Samut Prakan province on Monday. (Photo: Varuth Hirunyatheb)
Passengers check in at Suvarnabhumi airport in Samut Prakan province on Monday. (Photo: Varuth Hirunyatheb)

The Transport Ministry is looking to support six airport development and construction projects, preparing the country to be the region’s transportation hub.

Deputy Transport Minister Manaporn Charoensri said on Monday that representatives from the ministry’s Airport Department, the Airport of Thailand, the Aeronautical Radio of Thailand, and other related agencies had recently attended the 59th Directorate General of Civil Aviation (DGCA) Conference in the Philippines.

The conference, held from Oct 14-18 and attended by international aeronautical authorities from 47 countries, discussed the economic development of air transportation, and the number of passengers was estimated to double in the next 20 years.

She said this requires heavy infrastructure investment, especially in the Asia-Pacific region.

According to her, the conference also addressed its “Net Zero Roadmap: Decarbonise Your Airport” project, encouraging zero emissions achievement, and advocated transportation equality.

Following the conference, Ms Manaporn said the ministry is preparing to support the Airport Department’s nationwide infrastructure investment plans.

The plans include enhancing the capacity of the existing airports as well as developing new airports in six provinces, namely Mukdahan, Bueng Kan, Satun, Phayao, Kalasin, and Phatthalung.

Ms Manaporn said the ministry had instructed the Airport Department to prioritise the designs that promote user safety and install enough up-to-date safety equipment for current measures to help with security screening.

It also instructed the department to adopt a universal design that helps with accessibility for disabled users while promoting transportation equality.

She added that the new airport projects are urged to be ecologically and sustainably developed toward zero carbon emissions and the Airport Carbon Accreditation (ACA) Level 5.

Danai Ruangsorn, director of the Airport Department, said the airport projects in Mukdahan, Bueng Kan, and Satun are in the design process and undergoing an Environmental Impact Assessment (EIA), while a budget to conduct an EIA for the Phayao airport next year has already been approved.

The Kalasin airport and Phatthalung projects are in a feasibility study phase.

He added that the airport projects will support transportation equality and encourage the employment of people of various values and cultural backgrounds, under the concepts of sustainability, flexibility, and comprehensiveness.

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Debate on charter rewrite bills in next House session

PP MPs seek to cut down number of referendums

House Speaker Wan Muhammad Noor Matha
House Speaker Wan Muhammad Noor Matha

Parliament will debate charter amendment bills when it convenes its next session in December, House Speaker Wan Muhammad Noor Matha confirmed on Monday.

The decision was made after government, opposition and Senate whips agreed to discuss bills which seek to revise parts of the 2017 constitution in the next parliamentary session, he said, saying there is simply not enough time to start a discussion in the current session, which will wrap up on Wednesday.

As such, they opted to hold the talks in the next session, which begins on Dec 15-16.

Mr Wan said the government could call a special parliamentary session if necessary. The House could also request one, if there are bills which require urgent deliberation, he added.

When asked about changes to Section 256 of the constitution, which paves the way for the establishment of a charter drafting body, Mr Wan said the changes must be decided by a referendum before they can proceed.

Separately, People’s Party list MP Parit Wacharasindhu said on Monday the number of referendums on the charter should be lowered from three to two, to minimise the risk of further delays.

His remarks came as the House and Senate locked horns over the size of the majority needed to pass a referendum on the constitution.

The House stands by its position that a simple majority is sufficient, but the Senate, which is taking a harder line, insists on two conditions: that over 50% of voters must participate in the referendum, and the majority of those who take part must support it.

A joint committee was formed to settle the issue, in the hope that the referendum could proceed in February next year as planned.

Mr Parit said to ensure the charter rewrite process would not be delayed further, the referendum should be done in two rounds, noting it will still be in compliance with the Constitutional Court’s ruling.

The court ruled the public must approve any move by parliament to amend the entire charter, and if that first referendum approves the push to amend the charter, another one must be held to see if the public approves of the changes.

Under the government’s current plan, a referendum will be held to ask voters if they agree with the push to write a new charter. If the majority of voters agree, a second will be held to ask the public if Section 256 should be amended to allow for the drafting of a new charter.

Once a new constitution has been produced, the government will hold a third vote to ask voters whether or not the changes should be adopted.

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Transforming digital finance

Ascend Money chief Monsinee Nakapanant keen to untap the potential of the region’s underserved markets

Ms Monsinee
Ms Monsinee

Leading fintech company Ascend Money, under the leadership of co-president Monsinee Nakapanant, has played a key role in promoting financial inclusion and transforming the digital finance landscape in Southeast Asia.

The fintech arm of Charoen Pokphand Group became Thailand’s first fintech unicorn in 2021. It is now aiming to list on the Nasdaq stock market, according to its founder and chairman Suphachai Chearavanont.

Now, the company has around 32 million active customers in Thailand.

“I am incredibly proud of leading Ascend Money’s journey towards financial inclusion and transforming the digital finance landscape in Southeast Asia,” Ms Monsinee said.

“One of my proudest milestones is reaching over 32 million users in Thailand, which reflects our ability to deliver inclusive financial services to underserved populations nationwide.”

Another key moment for the company was expanding the presence of its TrueMoney application across six countries — Myanmar, Cambodia, Vietnam, the Philippines, Indonesia, and Malaysia — and establishing Ascend Money as a leading regional fintech company, she said.

“Bringing essential financial services to previously unserved populations and witnessing the positive impact on their quality of life is one of my greatest achievements,” Ms Monsinee added.

The TrueMoney app began as a payment platform for those with limited access to traditional financial services. The app’s users can make payments and transfers from their mobile phones at any time.

TrueMoney has transformed into a digital financial super app, offering offline and online payments, high-interest savings accounts, retirement savings, mutual funds, gold investments, microcredit, and personal loans.

“I am especially proud of how our platform has improved the lives of migrant workers in Thailand, particularly from Myanmar and Cambodia, enabling them to make cashless purchases and transfer money home quickly, safely, and affordably,” Ms Monsinee said.

She said the continued support from the firm’s investors and partners is a testament to the trust they place in the company and its mission.

Ms Monsinee said that in the early days of the Thai fintech industry, overcoming challenges required innovative thinking, strong teamwork, and a commitment to the company’s mission.

Key to the company’s success was prioritising customer needs. By understanding the pain points of underserved populations, Ascend Money developed groundbreaking digital financial products. This customer-first approach led to tangible benefits, such as micro-insurance and accessible investment options, empowering individuals to secure their financial futures.

“Innovation is woven into our DNA, and we cultivate a culture of continuous learning and experimentation. Our strong startup spirit encourages us to push boundaries and respond urgently to market changes, ensuring we stay ahead in the fast-evolving digital economy,” Ms Monsinee said.

This mindset has led to initiatives like the company’s rapid loan processing and buy-now-pay-later solutions, providing accessible credit to those without traditional income records and ensuring they can secure financial assistance responsibly.

The company also prioritises a harmonious team culture rooted in clear communication and collaboration without hierarchy. It also promotes the team’s analytical thinking to drive continuous improvement in customer service and product innovation.

Ms Monsinee said Thailand’s fintech sector is poised for significant growth over the next two years, thanks to ongoing digital transformation and rising demand for cashless solutions.

“We are at the forefront of a revolution in financial services. The rise of virtual banking, embedded finance, and AI-driven solutions will play pivotal roles in shaping the future of how people interact with financial institutions,” Ms Monsinee added.

She said that Ascend Money sees tremendous opportunities to further expand financial inclusion. It will focus on enhancing digital payments, providing more credit solutions, and leveraging alternative data to empower unserved and underserved segments, particularly micro and small enterprises.

“We also recognise that financial literacy is crucial for ensuring sustainable growth, and we will continue to invest in initiatives that help individuals better manage their finances,” Ms Monsinee said.

In terms of challenges, the rapid pace of technological advancements and regulatory changes will require agility and collaboration. Cybersecurity will remain a top priority as more people engage with digital financial services.

“We will focus on leveraging AI and machine learning to personalise financial solutions and offer targeted services. We will continue working closely with regulators and stakeholders to foster innovation while safeguarding consumer interests,” Ms Monsinee said.

Monsinee Nakapanant

Co-president of Ascend Money Group

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Boosting growth by democratising financial solutions

CEO of Sea (Thailand) Maneerut Anulomsombut is working to remove constraints holding back SME growth

CEO of the Year 2024: Maneerut Anulomsombut, CEO, Sea (Thailand).
CEO of the Year 2024: Maneerut Anulomsombut, CEO, Sea (Thailand).

Maneerut Anulomsombut, the Chief Executive Officer of Sea (Thailand), a leading internet platform provider, has been playing a key role in using technology to upgrade Thai people’s quality of life for years.

Because of her remarkable achievements and contributions to society and the economy at large, Ms Maneerut has clinched a prestigious 2024 Bangkok Post CEO of the Year Award in the “Impactful Technology Leadership” category.

Sea (Thailand) is focused on bettering the lives of consumers and small businesses with technology. It has provided them with diverse products and services that are essential to people’s daily routines. Its platforms included Shopee (e-commerce), SeaMoney (digital finance) and Garena (digital entertainment).

For over a decade, Sea has been operating its businesses in Thailand while setting its sights on sustainably growing businesses and making a positive impact on society with technology.

Led by Ms Maneerut since 2014, the group has expanded and improved its services for Thai users.

It has also participated in driving the digital economy forward by utilising its resources and business expertise, while embarking on digital education initiatives to help surrounding communities grow together.

Under Ms Maneerut’s leadership, the group has taken the first step of expanding its business operations beyond the gaming market by making Thailand the first country to use the digital payment service known as “AirPay”– later renamed “ShopeePay” — to improve the user experience and enable people to do more on digital platforms.

Such leadership has been truly transformative, especially among SMEs, because it helped to bridge the digital divide by harnessing their digital platforms to enhance accessibility, income generation, and business opportunities for Thai SMEs, Ms Maneerut says.

Ms Maneerut says that the group has positioned itself as Thai SMEs’ key partner through three main pillars: enlargement, enablement, and empowerment. These so-called “3Es” have helped Thai SMEs navigate digital disruption in the macroeconomy and achieve sustainable success.

Through Sea (Thailand)’s e-commerce platform, Shopee, local sellers are given the opportunity to reach a vast, borderless market. Shopee allows SMEs to expand their reach beyond traditional geographical limitations, enabling them to connect with customers anywhere, anytime, she says.

This enlargement of market access is crucial for sellers looking to scale quickly without incurring significant overheads.

“Shopee gives them a platform to sell more with minimal effort, and this helps drive sustainable growth for their businesses,” Ms Maneerut says.

Along with more market access, Ms Maneerut says SMEs must also have the skills to effectively utilise the tools available to them. That’s why Sea (Thailand) focuses heavily on equipping its users with the digital know-how they need to succeed, she said.

“We offer a variety of training programmes through Shopee University and the Sea Academy, where sellers can learn everything from digital marketing to optimising their product listings,” she says.

The goal is to help entrepreneurs become more proficient in leveraging the digital economy. This not only boosts their sales but also ensures they are well-prepared to adapt to the ever-evolving digital landscape.

Access to capital is a common challenge for Thai SMEs, especially when looking to grow. Ms Maneerut acknowledges this difficulty, saying Sea (Thailand) is working to financially empower SMEs so they have the resources to scale up without being held back by funding constraints.

“Empowerment comes in the form of financial solutions. We help sellers gain access to cash loans and other financial services, giving them the capital they need to expand their businesses,” she says.

Although innovation is the core of the company, she says it would not have proven as successful if the people and the process were not part of this core.

Ms Maneerut says employees are the most important factor in creating successful products and services. Therefore, the company allows its employees to express their ideas freely while promoting transparency and open-mindedness.

She also believes in giving her team members the freedom to take ownership of their work, which helps to foster a sense of responsibility and commitment and drives the company’s continuous evolution.

“When people feel like they own a project, that’s when innovation truly happens,” she says.

Maneerut Anulomsombut

Chief Executive Officer of Sea (Thailand)

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Strategic vision

Mr Uthai has been instrumental in fostering strategic partnerships that have expanded Sansiri's growth, both domestically and internationally. Varuth Hirunyatheb
Mr Uthai has been instrumental in fostering strategic partnerships that have expanded Sansiri’s growth, both domestically and internationally. Varuth Hirunyatheb

Uthai Uthaisangsuk has been instrumental in leading SET-listed developer Sansiri Plc to record-breaking performances over the past three to four years, particularly during the pandemic period, notably adopting a “speed to market” strategy.

In early 2020 when Covid-19 first started to spread, nobody knew how long the impact would last. Yet Sansiri quickly made decisive moves, especially as the condo segment was facing obstacles.

At the time, the company held a substantial inventory of condos valued at around 20 billion baht, most of which were ready-to-move-in units. Sansiri was the first to launch special promotional discounts on these properties.

While this meant sacrificing some profit, it provided crucial cash flow during a stagnant market.

Despite the pandemic in 2020, Sansiri reported 30.6 billion baht in revenue from residential sales, a 60% increase from 19.1 billion baht in 2019.

This surge was primarily driven by condo sales, which more than doubled from 5.36 billion baht to 12.1 billion baht.

Though residential sales revenue dipped to 26.17 billion baht in 2021, it rebounded to 30.71 billion baht in 2022 and climbed to 32.83 billion baht in 2023.

Last year, the company recorded 49 billion baht in presales and 39 billion baht in consolidated revenue, both new highs.

Net profit also grew consistently, improving from 1.67 billion baht in 2020 to 2 billion baht in 2021, 4.28 billion baht in 2022 and reaching an all-time high of 6 billion baht last year.

Net profit margins improved from 4.8% in 2020 to 6.82% in 2021, 12.23% in 2022 and 15.51% in 2023.

“Speed to market was the key strategy that helped us navigate through 2020-21,” said Mr Uthai, Sansiri’s president, who has been awarded Bangkok Post CEO of the Year 2024 award in the residential development sector.

Sansiri has continued to rely on this strategy, maintaining agility and competitiveness in the face of various market challenges.

This approach has enabled the company to swiftly adapt to changing conditions, ensuring a steady and healthy cash flow.

In August 2024, the company announced that it would sell its 71% stake in US-based lifestyle hotel group Standard International Holdings, LLC, to the Hyatt Group for US$355 million.

This move once again demonstrates Sansiri’s speed and agility in strengthening its financial position during a time when the residential market appears sluggish and the debenture market remains unfavourable due to recent defaults by several companies.

Sansiri has debentures totalling 11 billion baht due in the next six months, with 4.9 billion baht maturing in the fourth quarter of 2024 and 6.1 billion baht due in February next year.

In terms of overall business performance, Sansiri recorded 37 billion baht in presales in the first nine months, or 71% of its annual target of 52 billion baht.

Its transfers have reached 31 billion baht, accounting for 72% of the milestone set at 43 billion baht.

“Speed will be impossible without a solid foundation,” said Mr Uthai, who was appointed Sansiri’s president in February this year after Srettha Thavisin resigned last year to become a prime ministerial candidate.

“One of our foundational strengths is our attention to detail, along with a focus on quality and after-sales service, which we have maintained throughout our 40 years,” he said.

Mr Uthai, who was previously chief operating officer, has over 30 years of extensive experience in property development and investment.

Known for his sharp market insight and strategic vision, he has played a key role in many of Sansiri’s landmark projects.

Under his leadership, Sansiri has launched iconic luxury developments, including the renowned 98 Wireless on Wireless Road.

This achievement cemented Sansiri’s reputation for quality and innovation in the high-end property market.

Mr Uthai has also been instrumental in fostering strategic partnerships that have expanded Sansiri’s growth, both domestically and internationally.

These include JVs with partners such as BTS Group for transit-oriented developments and Japan’s Tokyu Corporation for low-rise and high-rise projects.

Beyond real estate, he has been proactive in diversifying Sansiri’s business portfolio, venturing into promising sectors like hospitality, financial services and clean energy.

This strategic expansion not only drives business growth but also aligns with the company’s long-term vision for sustainability.

His commitment to sustainability is a driving force behind Sansiri’s ongoing initiatives.

Under his leadership, Sansiri became the first real estate developer in Thailand to pledge to achieve net-zero greenhouse gas emissions by 2050.

His vision for sustainability encompasses creating impactful environmental changes, ensuring Sansiri remains a pioneering force in the industry’s green transition.

Uthai Uthaisangsuk

President of Sansiri Public Company Limited

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No more boarding passes: facial recognition to start in 6 Thai airports

Passengers are seen queuing up at the check-in counter at Thailand's Phuket International Airport on Oct 15. (Photo: Achadthaya Chuenniran)
Passengers are seen queuing up at the check-in counter at Thailand’s Phuket International Airport on Oct 15. (Photo: Achadthaya Chuenniran)

An automated biometric identification system using facial recognition technology will be implemented in six Thai airports later this year to let passengers show their physical ID only once.

The system will be ready for domestic passengers on Nov 1 and for international passengers on Dec 1, according to operated by the Airport Authority of Thailand director Kirati Kitmanawat.

To use the system, passengers will be required to allow access to their identification information when checking in at the counter or self-service check-in at the airports.

The system will collect passengers’ biometric information and travel itineraries electronically, allowing air travellers to go from the baggage drop to the boarding gate without showing passports and boarding passes. Each registration is for only one journey.

The six airports that will use the system are Suvarnabhumi International Airport, Don Mueang International Airport, Chiang Mai International Airport, Mae Fah Luang/Chiang Rai International Airport, Phuket International Airport and Hat Yai International Airport.

Passenger numbers using the airports in September and October have risen almost 20% from the same period last year, and are expected to be still higher next year, Mr Kirati said. 

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