Rich Russians isolated from the West are flocking to Thailand’s Phuket

Rich Russians isolated from the West are flocking to Thailand’s Phuket
(Image: Bloomberg)
Bloomberg
Russian businessman Alexander Nakhapetov has been a regular at the “banyas” in his adopted home of Phuket ever since several of the traditional steam baths opened last year.Lately, though, the 41-year-old’s routine has been disrupted by an influx of his countrymen to Thailand’s biggest island – which has resulted in those new bathhouses being booked out much of the time.Patong Beach in Phuket in July. (Image: Andre Malerba/Bloomberg)While Phuket has long attracted Russia's wealthier citizens, the influx is acce...

More Bloomberg

Firm wants to make purchasing cannabis super easy
Retail

Firm wants to make purchasing cannabis super easy

Verano invites shoppers to grab a basket and get their pot direct off the shelf.

Bloomberg 29 Jun 2025
Iran-Israel conflict spreads to hacks on banks, crypto
Bloomberg

Iran-Israel conflict spreads to hacks on banks, crypto

Pro-Israel hackers announced a new breach targeting an Iranian crypto exchange.

Bloomberg 19 Jun 2025
Here are the 10 best hotels in the world
The Life

Here are the 10 best hotels in the world

Its top 10 list consists entirely of tied scores for the top prize.

Bloomberg 15 Jun 2025
Afghan refugees should be treated same as South Africans
Bloomberg Opinion

Afghan refugees should be treated same as South Africans

The greater outrage is the suspension of a refugee programme that is so badly needed.

Bloomberg 17 May 2025