Thailand Morning News For November 14

Thailand Morning News For November 14

Thailand morning newsThailand most prone to encryption-related cyberattacks in the region: ESET Survey
ESET, developer of award-winning cybersecurity software, today released data from the ESET 2017 SMBs survey showing that SMBs in Thailand were the most prone to encryption-related cyber breaches within the region.
— Markets Insider/ PR Newswire

Thai court takes up case against owner of Leicester City
A Thai criminal court on Monday accepted a 14 billion baht ($423 million) lawsuit brought against Thai duty-free giant King Power International, the company that owns English Premier League football club Leicester City.
— Reuters

Migrants needed for jobs Thais won’t do, say experts
THAILAND should have long-term and consistent policy to regulate migrant workers to ensure a sustainable benefit to the country’s economy and labour markets, according to economic and business experts.
— The Nation

Chatchai promises swift rubber probe
An investigation into alleged irregularities in the Rubber Authority of Thailand will be concluded within seven days, Agriculture and Cooperatives Minister Chatchai Sarikulya has promised.
— Bangkok Post

BAAC to provide loans to farmers who postpone paddy sales
The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is offering interest-free loans to rice farmers, in an effort to delay paddy sales during the annual harvest season.
— NNT

Flooding persists in 10 provinces, South braces for more rain
Assistance is being urgently provided for ten flood-affected provinces in the North, Northeast and Central Plains while preparations are being made against potential flooding in the South.
— NNT

Nod for QR code payment
The Bank of Thailand has given the green light for the first five banks’ quick response (QR) code payment services to exit its sandbox, enabling them to commercially roll out the much-touted system that scans a bar code on smartphones.
— Bangkok Post

China: Jingdong opens joint venture in Thailand
On 2 November, the Jingdong Group and the Shangtai Group officially established a joint venture company. Both parties declared that they will start a promotion for a completely new line of retail platforms for Thailand and the whole Southeast Asian region.
— Fresh Plaza

Army denies torture after conscript’s death
THE ARMY has issued an assurance that soldiers have not died due to a difficult training regimen or any kind of torture after another conscript death was reported at Thepsatree Sri Sunthon Camp in Nakhon Si Thammarat.
— The Nation

Thailand pledges to develop ASEAN-China infrastructure projects
Thailand has pledged support for the development of connectivity and infrastructure between ASEAN and China during the current ASEAN-China summit.
— NNT

Thai Airways reports Q3 operating profit, but net loss
National carrier Thai Airways International has reported a quarterly operating profit, but warned competition was likely to intensify after a UN body last month lifted a ban on new international flights by Thai-based carriers.
— Bangkok Post

Deputy transport minister discusses Laem Chabang port co-investment plans with private firms
Deputy Transport Minister Pichit Akrathit discussed with private companies the third phase of co-investment plans for Laem Chabang port.
— NNT

Prawit frets at poll campaigns
Deputy Prime Minister Prawit Wongsuwon warned candidates who intend to run in local elections to avoid campaigns that “attack” the National Council for Peace and Order (NCPO).
— Bangkok Post

Corruption inquiry launched in Phuket after detained illegal immigrants spared deportation
POLICE ON the resort island of Phuket have arrested 2,415 illegal immigrants during a one-year period, but failed to hand over the majority of them to immigration police for deportation.
— The Nation

SPR revenue to soar as solar rooftops heat up
SET-listed SPCG Plc, Thailand’s largest solar power operator, expects four-fold revenue growth from subsidiary Solar Power Roof Co (SPR) to 4 billion baht next year as consumers warm to solar rooftops.
— Bangkok Post

Minor Hotels picks 50% stake in H&A Park for $22.5m
Minor Hotels has acquired a 50 per cent equity interest in H&A Park from existing shareholder B&G Park for 765 million baht ($22.5 million) to operate Ananda Hua Hin Resort and Spa, a beachside resort in Hua Hin, Thailand.
— DealStreetAsia

 

Feature photo Orasa Khosanthia
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).

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.

 

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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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