Thailand Morning News For March 28

Thailand Morning News For March 28
Estimated Reading Time: 6 minutes |

Thailand morning news by AEC News Today is your one stop source for Thailand news on matters of governance and policies.

 

Thailand morning news

NACC to complete Rolls-Royce graft probe before end of year
The National Anti-Corruption Commission is planning to conclude the investigation into the Rolls-Royce corruption case before the end of this year.
– NNT

Red Bull heir enjoys jet-set life 4 years after hit-and-run
The Ferrari driver who allegedly slammed into a motorcycle cop, dragged him along the road and then sped away from the mangled body took just hours to find, as investigators followed a drip, drip, drip trail of brake fluid up a street, down an alley, and into the gated estate of one of Thailand’s richest families.
– CNBC

Examine fundamentals, PwC tells companies
COMPANIES seeking growth opportunities in emerging markets should look more deeply into the real fundamentals that drive growth and capitalise on key industries that can weather volatility and weak economic-growth forecasts, according to PricewaterhouseCoopers.
– The Nation

Luxury condos lure Asia’s super-wealthy to Bangkok
Top-end Thai property developers are locked in an intensifying race to lure wealthy buyers into purchasing multimillion dollar luxury apartments in Thailand’s capital.
– Nikkei Asian Review

Thailand 4.0: Powered by Renewable Energy?
Under Thailand 4.0, renewable energy is a key priority for innovation. Cognizant that dependence on imported fossil fuels is not only economically and ecologically unsustainable, but also exposes the country to the unpredictability of global commodity markets, the Thai government embarked on a power development plan in May 2015 (PDP 2015).
– Lexology

Why Thailand’s 20-year plan is a national disaster
The proposed 20-year national plan put forth by the Thai ruling elite reflects how the old guard does not understand the exponentially increasing aspect of information and associated technology.
– The Nation

Thai Bourse May Remain Stuck In Neutral

The Thai stock market on Monday snapped the two-day winning streak in which it had gained almost 7 points or 0.4 percent.
– RTT News

Firms must distinguish between ‘trick’ and ‘treat’ with tax
THAILAND HAS not yet issued “general anti-avoidance rules”, but this does not mean that the Revenue Department does not look at transactions with GAAR-coloured spectacles
– The Nation

Confronting digital drag in Thailand’s airline sector
Airlines are generally less digitally savvy than some other sectors when it comes to exploiting the likes of big data analytics and the Internet of Things.
– South China Morning Post

Lifestyle market forecast to grow 5%
Thailand’s lifestyle products market is expected to grow by 5% this year, driven by the recovering economies of key trading partners.
– Bangkok Post

BOT clamps down on banks over non-banking services
The Bank of Thailand will issue a new directive to prohibit commercial banks from forcing customers to buy non-banking services, such as life insurance, BOT assistant Governor Ronnadol Numnonda said.
– The Nation

TV news channel suspended in Thailand
Thai media regulators should immediately reverse their suspension of the operating license of Voice TV and should allow the media to broadcast and publish freely, the Committee to Protect Journalists said today. Media regulators today suspended the channel’s operating license for seven days.
– CPJ

Migrants expected to meet demand for unskilled labour in Chon Buri
THE NUMBER of unskilled migrant workers in Chon Buri province is expected to increase significantly, by about 30,000 annually over the next three years, driven by the government’s Eastern Economic Corridor (EEC) development project.
– The Nation

Investors pledge B8.5bn for border SEZ projects
Investment continues to flow into special economic zones (SEZs), with 40 projects worth 8.54 billion baht applying for promotional privileges from the Board of Investment (BoI) as of Feb 28.
– Bangkok Post

Sorry, taxis: Uber will not suspend services in Thailand
Uber has refused to comply with the government’s request to temporarily stop their popular services while the Ministry of Transport is conducting a study about ride-sharing apps.
– Coconuts

Revenue Department calls Thaksin to acknowledge and pay 17 billion baht in tax and fine assessment today
The Revenue Department has now assessed the capital gain tax and fines that the former premier Thaksin Shinawatra has to pay for the sale of Shin Corporation shares, now renamed Intouch Holdings Plc, in 2006 at 17 billion baht.
– Thai PBS

Thailand hosts seminar to promote food innovation
Foreign media outlets have been invited to attend a seminar on Thailand’s push to become a regional leader in food innovation.
– NNT

Encroached resorts in Ubonrat dam dismantled
The ongoing effort by the military installed government to reclaim properties encroaching on national park and forest reserve lands is progressing ahead steadily with latest raid in Ubonrat dam in Khon Kaen province to demolish two resorts built illegally for almost a decade.
– Thai PBS

NRSA deliberates strategy on sustainable tourism
The National Reform Steering Assembly (NRSA) has deliberated the proposed strategy on sustainable tourism, which aims to streamline the management of the tourism sector and encourage participation from local communities.
–NNT

Thailand Approves Tax Incentives For EV Manufacturing And Supply
Thailand is ready to offer a series of incentives including tax exemptions up to 8 years to companies ready to setup electric vehicle production in the country, according to the Bangkok Post.
– Carlist.my

DPM Prawit: Government’s reconciliation efforts will be honest and neutral
Deputy Prime Minister Gen. Prawit Wongsuwon has assured the public that the government’s reconciliation promotion will be implemented with honesty and neutrality.
– NNT

Andaman Sea to be closed off in April
The Andaman Sea will be temporarily closed to all fishing activities during the spawning season, from April to June.
– NNT

Thai court acquits pair accused of trafficking
Human rights observers criticised on Friday last week’s decision by a Thai provincial court to acquit two defendants in a human trafficking case involving 11 Cambodians rescued from a fishing boat early last year.
– The Phnom Penh Post

Hajj pilgrims given free check-ups and vaccines
The Ministry of Public Health is providing health check-ups and vaccines for Thai Hajj pilgrims who are going to Saudi Arabia.
– NNT

A woman suspected of involvement in rhino horns smuggling surrenders
One of the two women who were suspected of attempting to smuggle 21 African rhino horns worth about 170 million baht into the country on March 10 has turned herself in to the police on Monday.
– Thai PBS

 

 

Feature photo John Le Fevre
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Thailand morning news 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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