The State Property Fund has revived the Mochit Complex project, a major mixed-use development on prime Bangkok land that has stalled for over three decades, aiming to generate 1.25 billion baht in state revenue.

Akkrut Santhayanan, director-general of the State Property Fund, revealed positive momentum on the Mochit Complex project—a real estate development at the former bus terminal site—after a 32-year delay since 1992. Bangkok Terminal Company (BKT), the original concession holder, is now moving forward under the existing contract without renegotiating. The project concept design is expected to be finalized soon.

"My goal is to push this project forward within the next year before my retirement, achieving clear and tangible results," he stated.

If the project succeeds, it is projected to generate approximately 1.25 billion baht in revenue for the Ministry of Finance through two main streams: an upfront fee of around 400 million baht, and recovery payments from funds previously advanced to the Bangkok Mass Transit System (BTS) to lay foundational infrastructure for future real estate development.

The development framework remains unchanged: the project will utilize approximately 700,000 square meters, allowing the private developer to construct hotels, shopping malls, or residential units as appropriate, with the requirement to reserve 1,000 square meters for a bus terminal.

Recently, plans for an elevated link connecting Vibhavadi Rangsit Road and Don Muang tollway have been canceled, eliminating the need for additional land acquisition and allowing normal road access to be restored.

The concession period follows cabinet resolution, setting a 50-year term divided into 30+10+10 years. However, the timeline does not begin until construction is completed.

A fan has shared video footage from inside the Ladprao beer bar just minutes before a major fire broke out, showing the atmosphere still filled with joy before tragedy struck. Chakrachai Phoksamat, the girlfriend of young singer Tik Chanaachai, shared a clip from the Madam Mam page showing the atmosphere inside the bar as the young singer performed on stage to entertain customers.

She captioned it: "This clip was recorded only minutes before the tragic fire at the Ladprao beer bar. At that moment, everything still looked normal. People were chatting, listening to music, laughing, and enjoying their time together happily. No one knew that just moments later, an unexpected event would turn this fun night into a tragedy with many casualties and injuries."

The video shows Tik performing on stage before the fire broke out, and he narrowly escaped. His girlfriend noted in her caption: "The person on stage is Tik, he was singing. Minutes later, the fire broke out very badly." Commenters noted they could recognize the singer's shirt. Tik was among those who barely made it out alive—he had just left the stage to go to the bathroom when the fire started, allowing him to escape in time.

On July 13, 2025, National Police Commissioner General Kittarat Pandhepetch visited the Ladprao beer bar fire scene, revealing 27 deaths currently held at the Police Hospital's Institute of Forensic Medicine awaiting identification. Relatives can report information at the MET Center, Phahol Police Station, or the National Police Operations Center. Some injured have returned home, and investigators are coordinating with hospitals to interview survivors. The bar owner remains hospitalized in ICU. The commissioner disclosed that the single-story venue had two front exits and two rear exits. The women's restroom exit was blocked by a toffee display table, while another exit marked "Emergency Exit" leading from the bar area through the kitchen had a missing door handle and a sliding door narrowed by shelving and lockers, permitting only one person at a time to pass. Investigators are examining whether poor evacuation design or rapid fire spread resulted from structural alterations or blocked exits. Heavy decorations above the stage and potential flammable materials used in renovations are also under investigation. The working theory focuses on negligence. Police have tasked the Forensic Police Division to inspect electrical wiring, circuit breakers, and safety systems in the 53-year-old building, and to verify all construction permits and modifications under previous operators. Rescue and fire personnel who responded will be interviewed to confirm reports of locked doors during the incident.

YLG forecasts continued baht weakness in the second half of 2024 due to lingering U.S. Federal Reserve rate uncertainty and high global oil prices, which should keep Thai gold prices buoyed despite weakness in global gold markets. YLG CEO Pawun Vavattanasopit noted that global gold (Gold Spot) has fallen 5.12% year-to-date, from $4,318.27 per troy ounce at the start of 2024 to $4,098.15 on July 10, while domestic gold in baht has risen 0.54% from 64,450 baht per gram to approximately 64,750 baht, thanks to baht depreciation offsetting global gold weakness.

In the second half of the year, the baht is expected to remain weak despite typical year-end tourism season strength, as Fed rate uncertainty and high oil prices supporting dollar demand outweigh seasonal factors. YLG recommends investors in dollar-denominated gold benefit from two sources of profit: foreign exchange gains as dollar assets appreciate in baht terms, and potential capital appreciation if global gold prices recover. Investors holding baht-denominated gold alone would miss out on the significant foreign exchange gains available to those holding gold in U.S. dollars.

On July 13, Banrung Wattana, a volunteer rescue worker with the Por Tek Tung Foundation, shared a detailed account of the devastating beer hall fire in the Ladphrao area of Bangkok. Rescue teams from multiple organizations mobilized immediately but initially could not reach the scene due to the intense flames. Once they entered the building, they encountered a heartbreaking sight: many victims were severely charred, and some showed signs of struggling to escape the heat, making identification impossible without forensic examination. Most bodies were found near the stage and bathrooms, while some unconscious but living victims were discovered near exits.

Banrung noted that although the venue had four exits, only two could be used as the fire raged with such intensity that flames shot out of doorways and heat scorched trees outside. Inside, panic erupted as crowds tried to flee, with many trampling each other and those near the fire unable to escape the flames. Regarding the cause, Banrung speculated it may have involved faulty electrical wiring near the stage or music equipment connections, possibly a short circuit or loose plug, compounded by inadequate safety systems. Musicians reported seeing smoke, hearing an explosion, and then losing power before flames spread rapidly.

Banrung emphasized that opening all four exits simultaneously could have saved more lives and criticized the practice of limiting exits to prevent customers from leaving without paying. He stressed that in emergencies, human safety must be the priority. Rescue workers had to wear full protective gear and air tanks while working inside due to thick smoke and toxic fumes, with some experiencing fainting spells. The operation confirmed 27 deaths inside the building and eight injured transported to hospitals. Banrung warned that despite Thailand's history of such fires and repeated discussions about lessons learned, business operators must finally take safety seriously.

Following the deadly fire at Na Ladprao Brewery in the early hours of 13 July 2026, experts have highlighted the dangers of flashover and backdraft—two fire phenomena capable of turning an enclosed blaze into a deadly explosion within seconds.

The blaze claimed 27 lives and left 71 others injured. Video footage captured during the incident showed flames violently bursting from the venue's entrance, with initial speculation suggesting that gas accumulated inside the enclosed kitchen area ignited, triggering a powerful fireball.

According to information published by the Samsen Fire and Rescue Station, the two phenomena are among the most dangerous hazards firefighters face.

What is flashover?

A flashover occurs when combustible gases and vapours generated by a fire accumulate inside an enclosed space. Heat and smoke collect beneath the ceiling, and as temperatures continue to rise, intense radiant heat spreads downward.

Eventually, combustible materials throughout the room release flammable gases until they reach their auto-ignition temperature, causing nearly everything in the room to ignite simultaneously in a matter of seconds.

Fire gas ignition

Fire gas ignition occurs when flames reach accumulated flammable vapours that already contain enough oxygen to ignite. These vapours can travel through ventilation ducts, utility shafts and other openings, spreading into different parts of a building. They may accumulate above ceilings, beneath staircases or in concealed spaces, where they can ignite instantly if exposed to a spark.

What is backdraft?

A backdraft is an explosive fire event caused when fresh oxygen suddenly enters an enclosed area where a fire has consumed most of the available oxygen but remains extremely hot. Also known as a smoke explosion, the phenomenon occurs when a door, window or other opening allows air to rush into the room. The incoming oxygen mixes with hot combustible gases, leading to an explosive ignition.

Warning signs of an impending backdraft

Fire authorities say several warning signs may indicate that a backdraft is about to occur:

- Thick, dense black smoke - Smoke moving in and out through cracks around doors and windows - Smoke being forced out under pressure - A small, tightly enclosed room or building with poor ventilation - Extremely hot walls or building surfaces

What happens before a backdraft?

Before a backdraft occurs, smoke may appear to pulse in and out through openings while the room fills with superheated gases, carbon monoxide and other flammable vapours. When a door is opened, pressurised smoke rushes outward as cooler outside air is drawn in near floor level. The fresh oxygen gradually mixes with carbon monoxide and other combustible gases before reaching the remaining flames. Once the mixture reaches its ignition range, the fire rapidly reignites, travelling back toward the incoming air supply.