Thailand Morning News For August 22

Thailand Morning News For August 22

Thailand morning newsGDP growth forecast gets scaled up to 3.7% for year
THE NATION’S top economic planning agency has raised its full-year forecast for economic expansion to 3.7 per cent, from 3.5 per cent, after export-fueled growth in second quarter surprisingly quickened to 3.7 per cent from the same quarter of 2016.
— The Nation (annoying popups)

Interpol alert out for Vorayuth
Interpol recently issued an international alert, known as a Blue Notice, to its 190 member countries for Red Bull scion Vorayuth Yoovidhya, wanted over a hit-and-run case that killed a police officer in 2012, said a police spokesman.
— Bangkok Post

Thai Q2 GDP growth fastest in over 4 yrs, caps strong quarter for Southeast Asia
Thailand’s economy capped a solid performance for Southeast Asia in the second quarter, growing at its fastest clip in over four years thanks to strong exports – a common denominator for many countries still struggling to boost private consumption despite ultra-low interest rates.
— Reuters

Troop checkpoints to ward off Yingluck fans
The army began setting up checkpoints on all key roads leading to Bangkok Monday to screen people heading to the capital as fears grow the Supreme Court could turn into a staging ground for political rallies on Friday at the conclusion of ex-premier Yingluck Shinawatra’s rice scheme trial.
— Bangkok Post

Despite floods, rice output forecasts unchanged
Around 1 million rai of rice plantation in the Northeast was destroyed by the recent flood, but it is unlikely to have any severe effect on Thai rice production and export, with shippers and industry officials keeping rice export forecasts unchanged at 10 million tonnes.
— Bangkok Post

Analysts react to Thailand Q2 GDP hitting 4-year high
Thailand’s economy expanded at its fastest rate in four years in the three months to June, coming in above estimates. But analysts say domestic demand and political uncertainty still weigh on growth.
— Financial Times

Central bank considers moves to limit baht speculation
The Bank of Thailand said on Monday it had observed occasional increases in the volume of foreign exchange transactions and might consider extra measures to limit speculation in the baht, Asia’s best-performing currency this year.
— Bangkok Post

Massive security force to be fielded for Yingluck verdict
ABOUT 4,000 security officers will be deployed to maintain order at the Supreme Court on Friday, when up to 3,500 people are expected to gather in a show of support for former prime minister Yingluck Shinawatra.
— The Nation (annoying popups)

PM tinkers with Isan railway plans
Kaen double track railway will be partially elevated when it passes through downtown Nakhon Ratchasima, ending local people’s worries the city would be divided by a giant wall according to the original plan.
— Bangkok Post

Farmers defend Yingluck scheme and ask for help
Farmers in the central region tell The Nation’s Pratch Rujivanarom that the policy was actually helpful during a time of low rice prices.
— The Nation (annoying popups)

AIS launches 1Gbps Next G mobile service
Thailand’s AIS has launched a new mobile service offering connection speeds of up to 1Gbps by combining 4G and Wi-Fi connectivity.
— Telecomasia.net

SET firms post solid first-half rises in revenue, net profit
Some 572 companies, accounting for around 94 per cent of the 605 businesses listed in the Stock Exchange of Thailand (SET), have announced combined revenue of Bt5.43 trillion and net profit of Bt517 billion for the first half of the year.
— The Nation (annoying popups)

PM wants elevated rail tracks to go through Korat’s township
Prime Minister Prayut Chan-ocha has suggested an adjustment of the dual-track Jira-Khon Kaen train project which goes through Nakhon Ratchasima township during his meeting with the province’s private sector and people’s representatives on Monday (Aug 21).
— Thai PBS

Transport Ministry accelerates solutions to dual-track railway construction problem
The Deputy Minister of Transport visited the construction site to solve the dual-track railway construction problem during the mobile cabinet’s meeting in Nakhon Ratchasima province.
— NNT

Cops urged to up efforts over missing official
Si Sa Ket: National police chief Chakthip Chaijinda has been asked to speed up an investigation into the disappearance of a senior education official in Si Sa Ket after two new findings: suspicious activity on the woman’s Facebook account and a report that a female corpse has been found near the Thai-Lao border.
— Bangkok Post

Army finds no foul play in trooper death
No foul play was found to implicate the military in the death of an army private found unconscious at his house and later pronounced dead in hospital on Saturday night, the army said.
— Bangkok Post

Mother alleges her 21 year old son was beaten to death at military camp
A complaint has been lodged with Surat Thani police by the mother of a conscript who suspects her son was a victim of a beating at the 45th Military Circle based in Vibhavadi Rangsit Military Camp.
— Phuket Gazette

Seminar held on how farmers survive in Thailand 4.0 era
The Thai Rice Growers Association recently held a seminar in Bangkok, to examine how farmers can survive in the Thailand 4.0 era.
— NBT World (video)

Thailand, PH ink TOR for joint committee on military cooperation
The Philippines and Thailand has signed the terms of reference (TOR) for the Joint Committee on Military Cooperation (JCMC) last August 17.
— Update.ph

Myanmar men appeal against death sentences over British murders in Thailand
Two men from Myanmar convicted of killing two British backpackers on a Thai holiday island in 2014 submitted their final appeal on Monday against the death sentence.
— Reuters

New traffic tickets, now in both Thai and English
New Gen traffic tickets are going to be printed in both Thai and English. Apart from a new barcode to assist in the paying of fines, there are a few other changes as well.
— Phuket Gazette

Condo projects lure major offshore investments
PROPERTY firms from Japan, Singapore, Hong Kong and mainland China have expanded their investment in Thailand’s property market by focusing on condominium development projects located close to the mass transit system.
— The Nation (annoying popups)

Thai firm buying 10% of Maynilad
Metro Pacific Investments Corp. is in talks with a Bangkok-based water company to sell a 10-percent stake in water utility unit Maynilad Water Services Inc. for P12 billion, sources said Monday.
— Mailastandard.net

DSI seizes huge fake brandname footwear
A huge cache of fake brandname footwear seized after the Department of Special Investigation (DSI) raided several warehouses and distribution centres in Bangkok and Nakhon Pathom last week.
— Thai PBS

TCP allots B100m to market new Sponsor
TCP Group, the manufacturer of Sponsor, has set aside 100 million baht as a marketing budget to promote its new carbonated drink — Life by Sponsor — with an aim to maintain its leadership in Thailand’s 5-billion-baht electrolyte drink market.
— Bangkok Post

Crackdown on human traffickers sees 19 arrests
The Metropolitan Police Bureau’s operation to crackdown on human traffickers has so far seen eight human-trafficking suspects and 11 people accused of harbouring street beggars arrested, city police deputy chief Pol Maj-General Sompong Chingduang told a press conference on Monday.
— The Nation (annoying popups)

SCB aspires to No.1 in mobile services
Siam Commercial Bank (SCB), the country’s third-largest lender by assets, aims to knock Kasikornbank (KBank) off its perch as the top mobile banking provider by next year and reach 10 million users by next year and reach 10 million users by 2020.
— Bangkok Post

Banks to take orders for King Rama IX commemorative coins from Aug 22
The Treasury Department has produced King Rama IX commemorative coins on the occasion of the royal cremation of the late king.
— Thai PBS

OSMEP holds seminar for SMEs on exports to India, Laos
The Office of Small and Medium Enterprises Promotion (OSMEP) has organized a seminar to educate Thai SMEs on ways to penetrate the markets of India and Laos.
— NNT

Bangkok deputy governor expedites Nong Bon drainage tunnel construction
Deputy Prime Minister Admiral Narong Pipatanasai has visited flood victims in the northeastern province of Roi Et.
— NBT World (video)

Ministry molestation investigation put off
The release of an inquiry into a high-profile sexual harassment case at the Public Health Ministry has been postponed until later this week as a civic group has demanded a deeper probe, the ministry said…
— Bangkok Post

Law student posts account of sexual assault to fight rape culture
A LAW student at Thammasat University has come forward with an account of sexual assault to fight rape culture.
— The Nation (annoying popups)

 

Feature photo: Asian Development Bank

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

Thailand 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, predecessor of Asean Today.

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