February public debt hits 6 trillion baht
The Public Debt Management Office (PDMO) has reported a jump in public debt in February while announcing its plan to begin a new fund-raising campaign next month.
China tank deal cut ‘due to cash woes’
The Royal Thai Army (RTA) has cut the number of Chinese VT-4 battle tanks it wants to buy from 98 to 60 due to insufficient funds, army chief Chalermchai Sittisat said Thursday.
– Bangkok Post
THAI Signs MOU with Royal Thai Navy to Develop Aircraft Maintenance Center & Air Cargo and Logistics Center
Prime Minister General Prayut Chan-o-cha presided over the Memorandum of Understanding signing ceremony between Thai Airways International Public Company Limited and the Royal Thai Navy on phase one in the development of the new aircraft maintenance center as well as the air cargo and logistics center.
– Pattaya Mail
Govt to raise monthly allowance for elderly in need to 1,200-1,500 baht per head
The government spokesman disclosed that the government will raise monthly allowance for elderly in need to 1,200-1,500 baht per person through the elderly fund, as another measure to accommodate Thailand’s transition into an aging society.
Public debt up 0.5% in February
THAILAND’S public debt outstanding as of February 28 was Bt6.09 trillion, up Bt30.58 billion or 0.5 per cent from January 31, while the Japan Credit Rating Agency (JCR) has maintained Thailand’s credit-rating ceiling at “A+” with “stable” outlook, the Finance Ministry’s Public Debt Management Office (PDMO) reported yesterday.
– The Nation
Govt’s housing project for low-income people will be made more accessible
The Treasury Department has proposed easing the criteria of the Thanarak Pracharat housing project in order to help low-income people to pass the criteria easier.
Thai rental platform FavStay gets $2.88m led by existing investor Dusit
FavStay, the Thai version of Airbnb, has bagged $2.88 million in a funding round led by hotel management chain Dusit International, an existing stakeholder in the online rental accommodation platform.
– Deal Street Asia
New Constitution may not change politics, says Abhisit
The leader of Democrat Party and former prime minister Abhisit Vejjajiva was not certain if the new Constitution could change the nature of politics, despite the current regime’s hope that it could.
– The Nation
Science Minister: Government to collaborate with 30 universities to train new startup operators
The government is working with dozens of Thai universities to train new startup business operators.
ZC Rubber to Build Industrial Tires in Thailand
ZC Rubber is adding a new production line at its Thailand factory to build industrial tires, including skid steer tires and pneumatic bias industrial forklift tires.
Commerce ministry and private sector to discuss U.S’ measures against Thai exports
The Ministry of Commerce will meet with the private sector on the U.S.’ policy to reduce a trade deficit with Thailand. They will assess the situation and discuss the possible effects on the country.
Global Healthcare Accreditation Continues International Expansion with Healthcare Expert Group of Thailand Partnership
The Global Health Accreditation® (GHA) Program, the first independent accrediting body focused on medical travel services and the medical travel patient experience, announced a partnership today with the Healthcare Expert Group of Thailand (HCEG).
Military and police deployed to transport hubs for Songkran safety
Police officers and army troops have joined forces to implement strict safety measures at bus and railway terminals during the Songkran Water Festival.
Prawet police chief ‘lost’ drugs
The chief of Prawet police is facing a temporary transfer pending a probe into missing marijuana seized as evidence late last month.
– Bangkok Post
Train tickets sold out as travelers leave city for Songkran holiday
Bangkok’s Hua Lamphong train station has been especially crowded lately as travelers flocked to catch a train home or to vacation destinations for the Songkran holiday.
*AEC News Today wishes all of its Thailand morning news readers a safe and enjoyable Songkran. Happy New year!
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