Thailand Morning News For August 31

Thailand Morning News For August 31
Estimated Reading Time: 4 minutes |

Thailand morning newsThailand’s tourist arrivals and revenue continues growth in 3rd Quarter of 2017
Thailand expects to enjoy continued growth both in tourist arrivals and tourism revenue during the 3rd quarter of this year.
— TAT News

Fast-moving consumer goods see sluggish growth
The sales of fast-moving consumer goods (FMCG) grew by just 1% in the first half, the lowest rate in the past decade, says market research firm Kantar Worldpanel Thailand.
— Bangkok Post

Cashless society seen in three years
THE Thailand E-Payment Trade Association (TEPA) believes Thailand will go cashless within three years. E-money accounts would grow this year by 10 per cent from 40 million or about 60 per cent of the population last year and online payments by 20-30 per cent from Bt170 billion, according to TEPA.
— The Nation (annoying popups)

Thai software developer FlowAccount secures $1.15m led by Beacon VC
FlowAccount, a cloud-based accounting software developer, has secured a $1.15-million pre-series A round led by Kasikorn Bank’s Beacon Venture Capital.
— Deal Street Asia

BoT: QR system unveiled
Consumers will be able to use standardised quick response (QR) code payment on their smartphones to pay for purchases at shops, street vendors and motorcycle taxis starting in the fourth quarter of this year.
— Bangkok Post

PM discusses Rohingya crisis with Myanmar military chief
MYANMAR’S Commander in Chief, Min Aung Hlaing, discussed the Rohingya crisis yesterday with Thai government leaders as violence in western Rakhine state forced thousands of people to flee to the border with Bangladesh.
— The Nation (annoying popups)

NACC probing G2G rice and tapioca deals
The National Anti-Corruption Commission (NACC) is set to file charges of graft concerning a past G-2-G rice sale and G-2-G tapioca sale.
— NBT World (video)

Thai industrial estate developer Amata steps up land sales
Thailand’s top industrial estate developer Amata Pcl said it aims to sell 1,000 rai (160 hectares) of land this year, up from sales of 638 rai in 2016.
— Reuters

Cabinet approves more economic proposals for low income earners, robotics research
The Cabinet has approved more economic measures to support low-income earners and businesses that invest in the development of robotics.
— NBT World (video)

Gen Prawit says it was not confirmed Yingluck left the country
Deputy Prime Minister Prawit Wongsuwan said Wednesday (Aug 30) that it was not confirmed that former prime minister Yingluck Shinawatra had already left the country for abroad.
— Thai PBS

Agriculture Min stepping up aid for farmers in debt
The Ministry of Agriculture and Cooperatives has resolved to step up measures to aid farmers struggling with debt after the latest figures showed as many as 460,000 are contending with the issue.
— NNT

Bt200 bn investment goal backs push into robotics
THE CABINET yesterday gave the green light for development of the automation and robotics industry as a key plank in efforts to draw investments of up to Bt200 billion within five years under the Thailand 4.0 technology vision.
— The Nation (annoying popups)

Ex-Democrat MP Warong hits back at Thaksin’s Montesquieu’s quote
Former Democrat MP Warong Dechgitvigrom hit back at former prime minister Thaksin Shinawatra, accusing the latter of using the same old trick to blame other people for the bad fate befalling members of his family.
— Thai PBS

Three agencies join hands to develop walking-aid robot
A prototype for a new mobility-aid robot has been made under the cooperation of three agencies and is ready to be developed for commercial use.
— NNT

More Pracharat Blue Flag shops to be opened by Oct
The Ministry of Commerce is set to open additional Pracharat Blue Flag shops across the country before October to offer discounted products to low-income earners.
— NNT

Charge threat over acquittals
THE PEOPLE’S Alliance for Democracy (PAD) yesterday resolved to file a charge against the National Anti-Corruption Commission (NACC) after it decided to only appeal one of the four acquittals in the case involving the violent crackdown on yellow shirts in 2008.
— The Nation (annoying popups)

 

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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

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.

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