Thailand Morning News For August 1

Thailand Morning News For August 1
Estimated Reading Time: 5 minutes |

Thailand morning newsProperty prices expected to rise 10%, survey shows
Thais are concerned about what lies around the corner for Bangkok’s real-estate market, but expect to see property grow in value over the next five years, according to the latest consumer sentiment survey by DDproperty, a leading online property portal.
— Bangkok Post

LPG price float won’t affect people: Energy Ministry
The floating of the liquefied petroleum gas (LPG) price, which is set to begin tomorrow (Aug 1), will not affect people in general, according to Tawarat Sutabutra, director of the Energy Ministry’s Energy Policy and Planning Office.
— Thai PBS

Laos/Thailand: Investigate Abduction of Exiled Red Shirt Activist
The Lao authorities should urgently investigate the abduction of an exiled Thai activist Wuthipong Kachathamakul, also known as Ko Tee, Human Rights Watch said today. Eyewitnesses stated that a group of unknown armed assailants abducted him in Vientiane on July 29, 2017, raising grave concerns for his safety.
— Human Rights Watch

Interior Min wants donations for flood victims handled transparently
The Ministry of the Interior is urging every province to make sure that the allocation of donated money and essential items for flood victims, is being handled transparently.
— NNT

Singapore, HK visitors to enjoy fast immigration
VISITORS FROM Singapore and Hong Kong will soon be breezing through immigration at Suvarnabhumi and Don Mueang international airports as authorities implement a new scheme to allow them to use automatic passport scanners currently reserved for Thai nationals.
— The Nation

Flood situation has eased in 23 provinces
Flood situation has eased satisfactorily in 23 provinces, leaving 19 provinces still partially swamped, according to Mr Chatchai Promlert, director-general of Public Disaster Prevention and Mitigation Department.
— Thai PBS

Somkid seeks B1bn in seed money for uni startups
Deputy Prime Minister Somkid Jatusripitak yesterday asked the Stock Exchange of Thailand (SET) to provide 1 billion baht in seed money to support the development of university startup projects.
— Bangkok Post

Supachai warns public on digital trap
Thailand should move to embrace the 4.0 digital age with caution as some hidden dangerous pitfalls might await, warns Supachai Panitchpakdi, former secretary-general of the UN Conference on Trade and Development (Unctad).
— Bangkok Post

Industry Ministry seeks to provide loans to help SMEs in flood-hit areas
The Ministry of Industry will ask the cabinet’s meeting on 1 August 2017 to consider approving loans to aid SME operators in the flood-hit areas.
— NNT

Big retailers see little cheer
WEAK CONSUMER spending in the second quarter of the year has exacerbated concerns for the sales performance of the big retailers in the second half.
— The Nation

BoT: Thai economic growth continues in June
The overall Thai economy has continued to expand continuously mainly due to the tourism and export sectors. Impacts of inundation in the northeastern region have been closely monitored.
— NNT

Drug suspect tortured to death by police officers: Court concludes
After two years of legal struggle, a provincial court has concluded that a drug suspect died under custody was beaten to death in the hand of police officers.
— Prachatai English

Fast trains to nowhere in Southeast Asia
China’s Foreign Minister Wang Yi urged Thailand on a July 24 visit to strengthen “cooperation in the construction of the China-Thai railway,” calling the kingdom “a very important partner” in China’s One Belt One Road initiative.
— Asia Times

Land sales, rent rose 47 per cent driven by EEC
THE TOTAL sales and rental value of land plots in industrial estate zones nationwide rose 47.2 per cent to Bt102.251 billion from last October to June this year. The main contributor was land sales and rent in the Eastern Economic Corridor (EEC).
— The Nation

‘By Thais for Thais’: Line Taxi revs engine
Line Thailand is jumping on the mobile-taxi-booking bandwagon by expanding the services offered by its on-demand delivery app Line Man, adding cabs to its current list that includes food, groceries, documents…
— Bangkok Post

Flood aid at the ready
Heavy flooding has wreaked havoc across the Northeast, bringing back vivid memories of the 2011 flood disaster for many Bangkok residents and rural dwellers, but policymakers and business operators have not been idle in lending a helping hand to those affected.
— Bangkok Post

Controversial strategy and reform bills set path for future
CONTROVERSIAL bills on the long-term national strategy and national reform – which came into effect when they were published in the Royal Gazette yesterday – resulted in one prime body of the so-called “five rivers of power”, the National Reform Steering Assembly (NRSA), leaving office following the promulgation of the laws.
— The Nation

45 officials in crosshairs over Shin tax
Former permanent secretary for finance and the ex-director general of the Revenue Department are among 45 Finance Ministry officials under investigation for failing to demand Thaksin Shinawatra pay 17.6 billion baht in tax on profit made from the sale of shares in Shin Corp in 2006.
— Bangkok Post

Thailand and Turkey move ahead with FTA negotiation
Thailand and Turkey are moving ahead with Free Trade Agreement (FTA) negotiations to expand the trade volume between both countries, with the goal of doubling the trade value during the next five years.
— NNT

 

Feature photo Zashnain Zainal
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).

 

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

John Le Fevre

Managing Editor at AEC News Today
John is an Australian national with more than 35 years experience as a journalist, photographer, videographer and copy editor.He has spent extensive periods of time working in Africa and throughout Southeast Asia.He has covered major world events including the 1991 pillage riots 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.
John Le Fevre

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