Thai Times

Covering the Thai Renaissance
Saturday, Aug 23, 2025

Massive Fraud Case, Eye Care Triumphs, and Eco-Friendly Innovations: Key Developments in Thailand

Central Investigation Bureau refers massive fraud case involving iCon Group to Department of Special Investigation amid 2.41 billion baht losses.
Starting with a major legal development, the Central Investigation Bureau has forwarded a massive fraud case involving the iCon Group to the Department of Special Investigation. This case, labeled a special investigation, encompasses complaints from thousands of victims and losses estimated at 2.41 billion baht.

In brighter news, Thai ophthalmologist Dr. Uraiwan Tinnungwattana has been awarded the Henry Davison Award for her exceptional service to vulnerable communities. Dr. Uraiwan leads vital projects providing eye care to children in remote areas, continuing her noble work for the Thai Red Cross Society.

Meanwhile, in the business realm, Bangkok Bank is joining forces with key partners to secure a virtual bank license, leveraging the strengths of its consortium, including e-commerce giant Sea Limited and BTS Group. With advanced digital capabilities and a comprehensive customer base, they aim to set a new benchmark in virtual banking.

On the tech front, Gogolook Thailand and VML have launched 'Scammer Pages', a first-of-its-kind initiative in Thailand, designed to help citizens combat rising scam calls through an innovative, data-driven approach. This directory, reminiscent of the classic Yellow Pages, catalogs over 1.5 million scam phone numbers.

Turning to environmental news, Bangchak Corporation and Charoen Pokphand Foods are embarking on a sustainable journey by partnering to create eco-friendly aviation fuel. Utilizing used cooking oil from CPF's operations, this initiative marks a significant step toward reducing carbon emissions in the aviation sector.

Finally, in tourism, Trang is gearing up for a bustling high season as airfare prices normalize, following previous concerns about high costs. Confident in the appeal of early bookings, tourism officials remain optimistic about a vibrant seasonal influx of visitors.
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