Thailand Morning News For May 4

Thailand Morning News For May 4

Thailand morning news

Thai Q2 exports seen up 5 pct y/y – shippers’ council
Thailand’s exports are expected to grow 5 percent in April-June from the same period a year earlier, a similar pace to the first quarter, as buyers continue to build up inventory, a group of Thai shippers said on Wednesday.
– Nasdaq/ Reuters

Thailand’s Eastern Economic Corridor – What You Need to Know
With the Eastern Economic Corridor (EEC), Thailand hopes to develop its eastern provinces into a leading ASEAN economic zone. The EEC straddles three eastern provinces of Thailand – Chonburi, Rayong, and Chachoengsao – off the coast of the Gulf of Thailand and spans a total of 13,285 square kilometers.
– Asean Briefing

Policy to extend helping hand to ‘micro-SMEs’ mulled
The government is considering a new policy to lend support to “micro-SMEs” — businesses that are smaller than small and medium-sized enterprises (SMEs) — to help strengthen the Thai economy, says Industry Minister Uttama Savanayana.
– Bangkok Post

Property slowdown hits related sectors
The property market’s slowdown has prompted some makers of construction materials and furniture to rely more heavily on overseas buyers and rush new products to market in a bid to boost sales in the second half of the year.
– Bangkok Post

Marine Dept asked to solve pollution around Koh Sichang
Related agencies in the eastern province of Chon Buri are planning to demand the Marine Department to address pollution problems that have damaged the ecosystem and tourism of Koh Sichang.
– Pattaya Mail

High hope for tech FDI from China
The government expects its two technology megaprojects — the development of a digital innovation park and smart cities — to attract foreign Chinese direct investment this year.
– Bangkok Post

Education reform goes ahead as planned
The government is moving ahead with education reform to reduce inequality in preparation for the development of community economy.
– NNT

Ministry ready for bigger stake in IBank
The Finance Ministry may need to hold more than a 49% stake in state-owned Islamic Bank of Thailand (IBank) if the bank fails to draw new partners, according to the bank’s recapitalisation plan scheduled to go before the cabinet for approval in the next two weeks.
– Bangkok Post

Thai may face 150-year jail sentence for royal defamation
A Thai human rights lawyer could be sentenced to a maximum 150 years in prison after he was charged with a record ten counts of royal defamation, a rights group said Wednesday.
– The Star Online

Buyers of SIM cards in Deep South will have their fingerprints stamped
As part of security step-up in the restive Deep South, people in the three southern provinces of Yala, Pattani and Narathiwat and four districts of Songkhla will be required to stamp their fingerprints when buying SIM cards for their mobile phones.
– Thai PBS

Thai news organizations urge government to scrap media control bill
Thirty media bodies in Thailand marked World Press Freedom day on Wednesday by calling on the military government to scrap legislation that seeks to tighten control of news reporting in the Southeast Asian country.
– Reuters

SRT told to conduct more feasibility study on Thai-Chinese train project
The Transport Ministry has rejected the Thai-Chinese high-speed train project between Bangkok and Nakhon Ratchasima due to incomplete feasibility study.
– Thai PBS

Pawnshops bustling with cash-strapped parents ahead of new school term
Government pawnshops across the country have prepared millions of baht in cash as parents need money to buy their children school supplies before the new school year.
– NNT

Commerce Ministry encourages northern entrepreneurs to penetrate CLMV markets
Commerce Minister Aphiradi Tantraporn unveiled guidelines for driving regional businessmen into neighboring countries’ markets, through the utilization of the Asean Design & Business Center.
– NNT

Thai government plans cloud data center
The Thailand government plans to build a new cloud data center in Bangkok as part of an ongoing initative to modernize its facilities and use them more efficiently, according to a report in the Bangkok Post.
– DatacenterDynamics

BOI Secretary General: SUBCON Thailand 2017 aims to generate 10 billion baht
The Board of Investment (BOI) Secretary General disclosed that SUBCON Thailand 2017 aims to pair up to 6,000 business partnerships and expects to generate a cash flow of 10 billion baht.
– NNT

Cambodian, Thai Tourism Ministers Hold Bilateral Talks
Tourism and Sports Minister Kobkarn Wattanavrangkul met her Cambodian counterpart Thong Khon in Bangkok last Friday in the first Cambodian-Thai Tourism Ministerial Meeting.
– NNT

Facebook, Apple logos removed from Thai royal funeral statue
Apple, Facebook and Google logos have been removed from a giant statue of a mythical beast that will stand inside the sprawling cremation complex being built for Thailand’s late king after their inclusion caused an online outcry.
– The Star Online

In Thailand, OriginClear Targets 2.8 Million Enterprises To Modernize Water Treatment
OriginClear Inc. (OTC/QB: OCLN), a leading provider of water treatment solutions, announced today that it agreed in principle to address the country’s long-term water crisis by directly targeting 2.8 million small and medium enterprises (SMEs).
– Water Online (press release)

Illegal Chinese tour guide wanted for abandoning Phuket tour group
Police are hunting for an illegal Chinese tour guide who abandoned 24 Chinese tourists at the side of the road in Phang Nga yesterday evening after arguing with them about money.
– Phuket Gazette

Public warned not to buy or sell their bank accounts or ATM cards
Members of the public are warned not to buy or sell their bank accounts or ATM cards or they may face jail terms and/or fines on money laundering charge.
– Thai PBS

AMLO Secretary General warns public against online fraud that offers high return
The Secretary General of the Anti-Money Laundering Office (AMLO) has warned the public against online frauds, offering to buy and sell book banks and ATM cards through Facebook while promising high returns.
– NNT

 

Feature photo JJ Harrison
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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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