Thailand Morning News For May 17

Thailand Morning News For May 17

Thailand morning newsHigher fuel prices, fierce rivalry hit airlines’ Q1 financial results
RISING oil prices and high competition had an impact on the financial results of aviation companies in the first quarter, with some reporting slight growth but others reporting declines in revenue and net profit compared with the same period last year.
– The Nation

China’s SAIC Motor to make Thailand an export hub
SAIC Motor is planning to ship vehicles from Thailand to other parts of Southeast Asia and beyond, following in the footsteps walked decades ago by Japanese automakers.
– Nikkei Asian Review

CBD land prices still increasing
Land prices in the central business district (CBD) are expected to continue rising despite the already pricey levels in the area.
– Bangkok Post

Big C Sees Sales Drop In Q1
The Big C Supercenter group continues to struggle in Thailand, reporting a sharp drop in sales for its fiscal first quarter.
– KamCity

CYBERSECURITY BILL WOULD GRANT PM ABSOLUTE ONLINE POWER
The chief author of new, comprehensive cybersecurity legislation said Tuesday that giving the government access to private sector computer systems is necessary to protect the nation from cyber attacks.
– Khaosod English

GH Bank mulls even cheaper loans
The state-owned GH Bank is poised to launch the country’s lowest mortgage rate of below 3% for three years, a move in line with the government’s policy to help people own their own home.
– Bangkok Post

British private sector keen on aviation, petrochemicals in Eastern region
Three working groups formed by the Thai-UK Business Leadership Council after a meeting last month plan to present their proposals to the Thai government after another meeting in the second half of this year.
– The Nation

S’pore inks bilateral pacts with navies of Thailand, Philippines
Singapore has signed two bilateral agreements with the navies of Thailand and the Philippines on the sidelines of the ongoing maritime defence trade fair, Imdex Asia, said the Ministry of Defence yesterday.
– The Straits Times

Ogbeh: Nigeria’s Rice Policy Hurting Thai Production
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh has said that the federal government’s ban on the importation of rice into the country was having severe effects on rice production in Thailand.
THISDAY

Thailand aids efforts to pressure Nigeria on curbs
Thailand has teamed up with the European Union, the US, Norway and Japan to pressure Nigeria to lift its foreign currency restrictions on 41 imports, saying Thailand’s exports have felt the pinch from the move.
– Bangkok Post

PM assures no plan to restrict public access to information
Prime Minister Prayut Chan-ocha on Tuesday stressed the need for cyber security in wake of widespread WannaCry malware attack, but he assured that the government has no plan to public access to information with the exception of illegal content.
– Thai PBS

City bomb blast startles NCPO
Security organisations have been instructed to step up security measures, including inspecting security cameras installed in public areas, especially in large cities, ahead of the third anniversary of the regime seizing power, Deputy Prime Minister and Defence Minister Prawit Wongsuwon said yesterday.
– Bangkok Post

Prayut rejects call to declare BRN terrorist group
Prime Minister Prayut Chan-o-cha rejected suggestions on Tuesday that the government might consider declaring Barisan Revolusi Nasional (BRN) a terrorist group to enlist international support to help combat violence.
– Bangkok Post

More court writs to be sent to Facebook to take down illegal URLs
Facebook Thailand has been cooperative with the government but is yet to receive additional writs from the court in order to take down 97 URLs which still have content deemed a threat to national security.
– Thai PBS

Transport Ministry admits delay in contract signing of Pink and Yellow lines
The signing of contracts for the construction of the Pink and Yellow railway lines is expected to be postponed by 1-2 months after the cabinet handed back the project to the Transport Ministry for additional study and review.
– Thai PBS

SMEs in 8 provinces to get Pracha Rath loans
THE DEPARTMENT of Industrial Promotion (DIP) will extend loans initially totalling Bt20 billion from a Pracha Rath fund for SME development in eight provinces, starting with Songkhla on May 24.
– The Nation

Worker rights abuses at sea still a live issue
The military government has been commended for cracking down on illegal fishing activities following a series of warnings by the European Union but is taking flak from NGOs for failing to seriously curb violations of workers’ rights and poor working conditions on fishing trawlers.
– Bangkok Post

10m Thais to travel abroad in 2020
The number of outbound travellers from Thailand is expected to reach 10 million in 2020, growing 29% from 7.74 million last year.
– Bangkok Post

 

Feature photo John Le Fevre
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).

 

Introducing The AEC News Today Mobile App

In an era of hectic schedules where time is precious, the AEC News Today mobile app enables you to stay up to date with the latest Asean news on governance and policy issues affecting the Asean Community while you are on the move and whenever you have a few minutes to spare.

See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App.

 

Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.

Download the AEC News Today mobile app for iOS here Download the AEC News Today mobile app for Android here

 

 

 

 

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.

 

 

 

The following two tabs change content below.

John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage 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.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

Support independent media by sharing using these tools. Do not steal our content

Make a comment

Your email address will not be published.