Thailand Morning News For May 23

Thailand Morning News For May 23

Thailand morning newsAIS projecting 5% revenue growth for 2017
Thailand’s AIS is projecting a 5% increase in revenue and a 44% growth in ebitda this year as a result of strong growth in 4G customers.
– Telecomasia.net

Retail sales rise but picture clouded
SALES AT big retailers and chain-store operators jumped 3.02 per cent in the first quarter of 2017, driven by a pick-up in the economy and adding to the positive business data emerging this year.
– The Nation

IATA urges swift airport upgrades
The International Air Transport Association (IATA) wants Thailand to speed up efforts to upgrade its airports, especially Suvarnabhumi airport, to make sure they better serve the soaring number of air travellers in the next 20 years.
– Bangkok Post

Thailand approves national business portal to assist all business operations
The strategic administration committee’s meeting has approved principles for the establishment of a business portal system, an all in one system to assist business operations in all dimensions.
–NNT

Energy Ministry prepares for electricity, oil, and gas shortages
The Ministry of Energy has ordered related agencies to be ready for possible shortages of electricity, oil, and gas this year.
– NBT World (VDO)

Exports climb for a second month in April
Thai exports expanded for a second straight month in April, boosted by the global economic recovery and higher prices for farm products and oil.
– Bangkok Post

Sahathai Terminal to spin off 120m shares in IPO, to list on MAI
Sahathai Terminal, a local operator of barge terminal and coastal shipping service, is to mobilise funds through a sale of 120 million shares in an initial public offering (IPO).
– Deal Street Asia

Thailand ice cream co. rolls out Houston expansion plans
A Thailand ice cream maker, known for its cold rolled sweets, plans to expand in Houston as it grows around the U.S.
– Houston Business Journal

Thailand eyes reforms to real estate sector
A proposal to ease restrictions on foreigners buying property in Thailand could spur growth in the real estate market, though uncertainty over new land and building taxes may impact the rollout of new projects.
– Oxford Business Group

EEC law runs into temporary roadblock
Development in the Eastern Economic Corridor (EEC) is facing a snag, as a new law governing economic and investment activities and new cities in related areas will be delayed by about three months, says Industry Minister Uttama Savanayana.
– Bangkok Post

Developers dip in Q1 after 2016 tax incentives
The top five residential developers posted a year-on-year decline in revenue in the first quarter of 2017, reflecting a drop in the number of newly transferred and registered housing units after property tax incentives expired in April 2016.
– Bangkok Post

Thailand: Education reforms as elusive as ever
LAST week, students across Thailand returned to school for a new academic year, and with it came the prospect of new friends, new teachers and new experiences.
– Asian Correspondent

Source: BoT pushed out Anant
Questions have arisen over whether the Bank of Thailand had a hand in forcing property tycoon Anant Asavabhokin to step down as chairman of the board at LH Bank Plc.
– Bangkok Post

Submarine deal passes audit with flying colours
The Royal Thai Navy’s submarine procurement project was clear and above-board, the Office of the Auditor-General (OAG) has concluded following an in-depth audit.
– Bangkok Post

Tisco Bank vies for position in fierce mortgage market
Tisco Bank, which is set to become a mortgage player after completing an acquisition deal with Standard Chartered Bank Thai (SCBT), is confident of its competitive edge despite the challenges of the minimum retail rate (MRR) cuts by the four big lenders.
– Bangkok Post

Army chief condemns bomb blast at hospital as the worst ever
Army Commander-in-Chief General Chalermchai Sitthisart condemned the bomb blast at Mongkutklao hospital as the worst ever explosion with an intention to kill or maim because the device contained many nails and most of the victims were reitrees.
– Thai PBS

Same group of perpetrators responsible for latest bomb blast: Police chief
The national police chief said today that the bomb explosion at Phra Mongkutklao hospital was linked to two earlier bomb blasts in front of the Government Lottery Office and the National Theatre.
– Thai PBS

14 YEAR OLD IN CUSTODY FOR ALLEGEDLY BURNING KING PORTRAIT
Seven people, including a 14-year-old boy, are in military custody on suspicion of setting fire to a roadside portrait of His Majesty the Late King in northeastern Thailand, a police officer said Monday.
– Khaosod English

Dusit Palace to host merit making ceremony on May 23 to honor Thai kings
The government has invited people to join the merit-making ceremony to commemorate His Majesty the late King Bhumibol Adulyadej and Her Majesty Queen Sirikit at Dusit Palace on Tuesday, May 23rd.
– NBT World (VDO)

Thailand to crack down on viewers of illegal content
Thai authorities are targeting not only those who post or share material considered insulting to the monarchy, but even those who look at it, police said yesterday, in an escalation in how Thailand deals with critics of the royal family.
– The New Paper

 

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

Leave a Reply

Your email address will not be published.