Thailand Morning News For May 31

Thailand Morning News For May 31

Thailand morning news3rd list of firms committed to sustainable development released
RETAIL investors who want to put their money into listed companies that are committed to sustainable development may have more choices, as this year’s ESG 100 list was announced yesterday.
– The Nation

BSR secures B100bn deal to build Pink and Yellow monorails
The cabinet has awarded 100 billion baht in contracts for two monorail projects to BSR Joint Venture.
– Bangkok Post

Thai Cabinet Approves $2.9 Billion Infrastructure Fund
Thailand’s cabinet on Tuesday (30/05) approved a 100 billion baht ($2.93 billion) infrastructure fund, as the military government seeks to finance more investment projects to boost the economy.
– Jakarta Globe

Real estate industry begins to slow down
The Real Estate Information Center of the Government Housing Bank has revealed that the real estate industry has begun to slow down.
– NNT

Government to establish institute for automatic technology and robotics
The Ministries of Labor and Industry have cooperated with the private sector to jointly establish an institute to further the aims of Thailand 4.0.
– NBT World (VDO)

Nod for tollways to fund new projects
THE CABINET yesterday agreed to allow the Expressway Authority of Thailand (Exat) to include two of its existing projects in the Thailand Future Fund (TFF) to mobilise financing for two new projects worth a total of Bt44.82 billion.
– The Nation

British journalist with flak jacket arrested
A British journalist transiting to Iraq was charged with possession of war weapons on Tuesday after checking-in a bag containing flak jacket plates and gas masks at Suvarnabhumi airport on Monday.
– Bangkok Post

Thai exports rise 8.49% in April
The Thai National Shippers Council (TNSC) said Thai exports in April rose by 8.49% year-on-year to US$16.8 billion.
– Thai PBS

The $3.5 Billion Development Set To Rule Bangkok
Nobody knew what to expect when Charoen Sirivadhanabhakdi outbid other suitors to snatch beverage-and-property giant Fraser & Neave of Singapore for $11.2 billion in 2013.
– Forbes

PM outlines policies on developing rice industry
Thailand rice convention 2017 or TRC 2017, a premier international forum for rice, is being held from SUNDAY to TODAY by the Department of foreign trade, Ministry of Commerce, in collaboration with related organizations from both the public and private sectors.
– NBT World (VDO)

Prayut: IS not hiding in the South
Prime Minister Prayut Chan-o-cha said Tuesday authorities have found no information suggesting members of the Islamic State (IS) terror group are hiding in the south of Thailand or were involved in recent attacks in the region.
– Bangkok Post

Cabinet Oks capital mobilization through Thailand Future Fund
The cabinet on Tuesday approved the Transport Ministry’s plan to raise 44.8 billion baht through Thailand Future Fund to finance the construction of two expressway routes – Rama III-Dao Khanong ringroad and third phase of Kasetnavamin expressway.
– Thai PBS

Pipe bomb found near MRT station
Another pipe bomb was found Tuesday afternoon near Ratchadaphisek Road and the Thailand Cultural Centre MRT Station, sparking public concerns that another bomb attack could be imminent, despite security assurances by the authorities.
– Bangkok Post

Industry Ministry to propose joint work with Japan to foster Thailand 4 0
The Ministry of Industry is preparing to propose cooperation between Thailand and Japan in line with the Kingdom’s Thailand 4.0 agenda at this week’s Cabinet meeting.
– NBT World (VDO)

ECD clamping down on software copyright breaches
The Economic Crime Suppression Division (ECD) of the Royal Thai Police is intensifying its crackdown on software copyright violations.
– Bangkok Post

PM refuses to talk with the media, but responds questions in writing
Prime Minister Prayut Chan-ocha gave a press conference on Tuesday by means of writing in response to 11 questions raised by reporters instead of meeting them face-to-face and taking their questions.
– Thai PBS

THAI’s shareholding in Nok Air flutters
Newly released figures confirm that Thai Airways International (THAI) has lost its grip as major shareholder in Nok Air.
– Bangkok Post

LH Bank to look for outsider
Land and Houses Bank (LH Bank) and its parent LH Financial Group Plc (LHFG) are seeking an outsider to succeed Anant Asavabhokin, who recently resigned as chairman after being issued with a Department of Special Investigation (DSI) summons over alleged money laundering.
– Bangkok Post

Tech trammelling public investment
The multiplier effect from government infrastructure investment in the economy is ebbing due to technological changes, while crowding-in private investment has also been delayed, says the Bank of Thailand governor.
– Bangkok Post

Thailand, Myanmar planning to restart Dawei special economic zone development
In 2008, Thailand and Myanmar signed a deal to develop Myanmar’s Tanintharyi region. A highway would link Dawei to Bangkok and other industrial areas in central and eastern Thailand while the deep-sea port would give new maritime access to India, the Middle East, Europe and Africa. But the project’s complexities and local resistance has stalled work time and again.
– Channel NewsAsia (VDO)

Mall operators look for digital edge
Three major shopping mall operators — The Mall Group, Central Pattana (CPN) and Siam Piwat — have set out a number of strategies to lure shoppers during the rest of the year.
– Bangkok Post

Obec shelves recycled books plan
Students will continue to receive free new textbooks for at least the next two years after authorities decided to delay the Education Ministry’s plan to switch over to a system where study books would be lent to students and re-used time and again.
– Bangkok Post

NBTC considers OTT control options
The broadcasting regulator is considering putting the top 100 content providers for over-the-top (OTT) service platforms on a control list, as officials strive to establish industry standards and a level playing field.
– Bangkok Post

Thai AirAsia keen to keep offline service counters
Thai AirAsia (TAA) reckons it is unable to conduct its ticket sales entirely online as do most budget airlines.
– Bangkok Post

BMTA set to launch new airport bus link
A new bus shuttle service from Suvarnabhumi airport to the city will be launched Thursday, deputy permanent secretary for transport Somsak Hommuang says.
– Bangkok Post

 

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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.

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