Thailand Morning News For October 18

Thailand Morning News For October 18

Thailand morning newsThailand’s Sept tourist arrivals up 5.75 pct y/y – ministry
International tourist arrivals in Thailand rose 5.75 percent in September from a year earlier, led by visitors from East Asia, the government said on Tuesday.
— Reuters

Prayut orders army to be prepared for flooding Oct 17-19
Prime Minister Prayut Chan-o-cha, in his capacity as chairman of the National Council for Peace and Order (NCPO), has instructed army chief Gen Chalermchai Sitthisad to order all regional army commanders to closely monitor the situation and get ready to help the people affected by floods, Maj Gen Piyapong Klinphan, a spokesman for the NCPO, said on Tuesday (Oct 17).
— Thai PBS

Bangkok residents told to prepare for more rain as flood threat persists
The Royal Irrigation Department (RID) has warned of heavy rain today in Bangkok with the Chao Phraya River overflowing in several areas.
— NNT

B57bn growth binge targeted for 2017-19
Thailand’s retail sector continues to thrive, with the Thailand Shopping Center Association (TSCA) predicting that 57 billion baht will be spent during 2017-19 on expansion.
— Bangkok Post

New BoI chief ups focus on new tax measures for agriculture-related projects
Duangjai Asawachintachit, the new secretary-general of the Board of Investment (BoI), said on Tuesday that she would focus more on providing additional tax measures for agriculture-related investments.
— The Nation

EU warns Thailand on N.Korea sanctions
Deputy Prime Minister Prawit Wongsuwon insisted Thailand has complied with United Nations Security Council resolutions regarding sanctions on North Korea, but it has not yet informed the UN of its actions.
— Bangkok Post

Thailand’s TMB Bank Q3 profit misses as bad loans provision climbs
TMB Bank Pcl, Thailand’s seventh largest bank by assets, reported a 10.4 percent year-over-year rise in third-quarter pretax profit, which fell short of market expectations as the lender’s provision to cover bad loans rose from the previous quarter.
— Reuters

Retail corporate bond holders warned of risks
RETAIL investors in Thailand hold too much in debentures, leaving them exposed to default and timing risks, Tada Phutthitada, president of the Thai Bond Market Association (ThaiBMA), warned yesterday.
— The Nation

Hua Hin hit by deluge of rotten fish after rains
Villagers and tourists in the seaside town of Hua Hin were assaulted by the smell of rotten fish yesterday morning after hundreds of thousands of specimens died on a 10-kilometre stretch of beach tthere following torrential rains on Monday.
— Bangkok Post

Commerce Ministry explains why US pork imports not yet allowed
Thailand’s Ministry of Commerce has made it known that it has yet to amend pork import regulations, as requested by the United States, saying that, even though compelled by treaty, the change would first have to be thoroughly studied.
— NNT

Airport rail link project moves ahead
A second public hearing in Chon Buri on a planned high-speed railway linking three international airports — Don Mueang, Suvarnabhumi and U-tapao — proceeded without a glitch Tuesday.
— Bangkok Post

Thai rice price up 15% this year on high demand
The Thai Rice Exporters Association has indicated a 15 percent increase in the average price of Thai rice this year due mainly to high demand among importers. ///
— NBT World (video)

Overflowing Chee river causes havoc to many northeastern provinces
Heavy rain continues to cause havoc to many northeastern provinces along the Chee river after it overflows and submerges farmlands and houses.
— Thai PBS

State public transport services to get free PTT fuel during royal cremation period
PTT Public Company Limit will provide free fuel to the State Railway of Thailand (SRT), the Transport Company and Bangkok Mass Transit Authority (BMTA) to facilitate mourners’ trips to the royal cremation in Bangkok.
— NBT World (video)

Thailand, U.S. to form joint panel on trade, investment
The Thai Chamber of Commerce will set up a Thai-U.S. joint committee to drive trade between the two countries. The work of the committee will be an expansion of Thai-U.S. economic cooperation, following Prime Minister Prayut Chan-o-cha’s visit to the U.S.
— NNT

Thailand to host 7th ASIAN Ministerial Energy Roundtable
The Ministry of Energy will organize the 7th ASIAN Ministerial Energy Roundtable: AMER7, under the theme of “Global Energy Markets in Transition: From Vision to Action”.
— NBT World (video)

PM tests BMTA bus E-Ticket system
The Prime Minister has stated the government is seeking more ways to accommodate the public while testing an E-ticket for buses operated by the Bangkok Mass Transit Authority (BMTA).
— NNT

Hoteliers in Pattaya splashing out for EEC
The Eastern Economic Corridor (EEC) project and the expansion of U-tapao airport are set to create a hive of activity in Pattaya and the Eastern Seaboard, prompting hoteliers to revamp as several new players open their doors in the coming years.
— Bangkok Post

Major businesses to be out of service on late King’s cremation day
Stores, cinemas, post office, banks and stock market have announced a day-off on the King Bhumibol’s cremation day so that their employees can join the historic event.
— Prachatai English

What’s driving Bangkok’s growing co-working industry?
From cost, location, a place to grab some shut-eye, eat a snack or even build a community, the factors behind the popularity of the capital’s shared work spaces are as sundry as they are surprising
— Bangkok Post

Ministry says 30 dignitaries confirm attendance of Royal Cremation on October 26
The Foreign Ministry says 30 dignitaries have confirmed to attend the Royal Cremation Ceremony of the late King Bhumibol Adulyadej on October 26.
— Thai PBS

Mark Zuckerberg to visit Thailand end of October
Facebook founder and CEO Mark Zuckerberg will visit Thailand at the end of this month and is scheduled to meet with Prime Minister Prayut Chan-o-cha on Oct 30, Deputy Prime Minister Somkid Jatusripitak told the media on Monday.
— Thai PBS

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).

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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