Thailand Morning News For May 10

Thailand Morning News For May 10

Thailand morning news

PTTEP freezes new investment in Indonesia
PTT Exploration and Production, Thailand’s state-owned oil and gas company, said on Tuesday that it will halt all new investments in Indonesia until a dispute with the government there over an oil spill in 2009 is settled.
— Nikkei Asian Review

Thailand to get standardised QR code payments in move towards cashless society
Mastercard, Visa and UnionPay International have introduced a standardised QR code platform for payments in Thailand that will let consumers make a transaction with their mobile device at any supporting location.
– NFC World

Fitch Affirms Thailand’s Four Largest Commercial Banks
Fitch Ratings has today affirmed the ratings on Thailand’s four largest commercial banks. The Long-Term Issuer Default Ratings (IDRs) on Bangkok Bank Public Company Limited (BBL), KASIKORNBANK Public Company Limited (KBank) and The Siam Commercial Bank Public Company Limited (SCB) have been affirmed at ‘BBB+’, while the Long-Term IDR of Krung Thai Bank Public Company Limited (KTB) has been affirmed at ‘BBB’.
– Reuters

Chang to no longer be Everton shirt sponsors but will maintain links with Blues
Everton have confirmed that their long-standing shirt sponsorship deal with Chang will end this summer but the club will maintain their links with the Thai beverage company through a three-year community partnership agreement.
– Echo

Foreign investors remain confident of Thailand’s economic​ potential
According to the National News Bureau of Thailand, the Joint Foreign Chambers of Commerce in Thailand (JFCCT) led by its president Mr Stanley Kang had a meeting with Minister attached to the Prime Minister’s Office Suvit Maesincee at Government House yesterday, and voiced confidence in the country’s economy.
– Thai PBS

Dozens injured in Pattani double bomb blasts
ABOUT 50 people were injured by a huge car bomb outside a department store in Pattani in the deep South yesterday afternoon that also caused widespread damage.
– The Nation

BMA plans seafood street vendor ‘mecca’
Bang Khunthian Chai Thalay is set to be a new street food mecca in the capital, with a seafood concept, to boost tourism and the economy, according to the Bangkok Metropolitan Administration (BMA).
– Bangkok Post

Thailand’s MTT Arranges Emergency Response Framework
The Map Ta Phut Tank Terminal Company (MTT) has signed an official preparedness framework agreement with Ardent.
– Marine Link

Thai government, Deestone partner to produce high-rubber content tyres
The Rubber Authority of Thailand, together with the country’s Ministry of Agriculture and Cooperatives, has unveiled its own tyre brand – TH-Tyre.
– T&A Tyrepress

BAAC offering loans to parents to support their children’s education
The Bank for Agriculture and Agricultural Cooperatives (BAAC) urged low-income earners, who need the money for their children’s education, to join the bank’s loan program.

Special packages on offer at Money Expo
Financial institutions will be offering special loan and deposit packages at the “Money Expo” from tomorrow through Sunday at Challenger Hall, Impact Muang Thong Thani.
– The Nation

Banks offer mortgage deals in drive to hit loan targets
KASIKORNBANK (KBank) and TMB Bank are offering mortgage promotions in a bid to secure their home-loan targets for this year.
– The Nation

35 Victims Found, Are Smuggling Routes Still Thriving in Thailand?
Human smuggling is a serious issue worldwide. Thai police found 35 migrants from Myanmar abandoned and wandering in a southern forest on Friday, raising fears that smuggling and trafficking routes are flourishing despite a crackdown by authorities.

Glenn Beck and Tim Ballard team up in Operation Underground Railroad video in Thailand
Political commentator Glenn Beck recently traveled to Thailand with Operation Underground Railroad’s Tim Ballard to measure progress in the fight against human trafficking in that part of the world, specifically steps that are being taken to capture human traffickers as well as the steps the organization is taking to help victims after they are rescued.
– Deseret News

Why Bangkok Is Emerging as a Serious Culinary Capital
Think of Bangkok’s gastronomic scene and it’s usually the city’s array of slapdash food stalls that springs to mind. Huge pots ladling out steaming chicken broth, skewers of barbecued meat sold from a portable grill—Thailand’s capital is deservedly famous for the devilishly cheap prices and authentic tastes found at such spots.
– Vogue

Thai company markets exotics in Europe
Koerner Agro Export Center Company Limited exports top quality fruits and vegetables from Thailand to Europe.
– Fresh Plaza

The 4th International Tradeshow on BIO Business & Investment in Asia: ‘Life Science & Bio Investment Asia 2017’
In Southeast Asia /Asia & the Pacific region, Thailand ranks second in the pharmaceuticals and life science industry, which continues to grow and develop.
– Labmate


Feature photo John Le Fevre
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).


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Thailand morning news by AEC News Today is your one stop source for Thailand news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.




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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010, and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

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