Thailand Morning News For October 9

Thailand Morning News For October 9
Estimated Reading Time: 4 minutes |

Thailand morning newsBOT: Economy trends toward recovery
The Bank of Thailand has forecast a positive trend in the economy thanks to several encouraging factors.
— NBT World (video)

Who wants in on the EEC?
The much-awaited Eastern Economic Corridor (EEC) bill has already passed its first reading by the National Legislative Assembly (NLA) and is expected to be implemented by the end of the year.
— Bangkok Post

CAAT verifying ICAO’s move to lift red flag from Thailand on its website
The red flag icon, which indicates aviation security concerns, was seen removed from Thailand’s name on the website of the International Civil Aviation Organization (ICAO). The Civil Aviation Authority of Thailand is currently verifying the status adjustment before making further comments.
— NBT World (video)

Flood threat looms over plains
People living along the banks of several rivers in the North and Central Plains have been warned to brace for floods following heavy rainfall.
— Bangkok Post

Singapore, Thailand Weigh E-Payment Alliance in Digital Push
Singapore and Thailand are in discussions about connecting their national digital payment systems to forge an unprecedented regional alliance, as officials step up efforts to curb the use of cash.
— Bloomberg

Urgency urged on EV industry hub
THAILAND should not regard a free-trade agreement (FTA) with China that will liberalise trade in electric vehicles (EV) as a threat, but rather an opportunity to develop the Kingdom as a hub for the production and distribution of the vehicles, parts, and components across the region, says an international exhibitor with expertise in the EV industry.
— The Nation

Sermsuk seeks to reduce sugar content for new tax
SET-listed Sermsuk Plc (SSC), the maker of Est soft drinks, is revving up efforts to adjust product formulas in response to the new excise tax on sugar content.
— Bangkok Post

Thai Beverage looks to food expansion in Asean
THAI BEVERAGE PLC (ThaiBev) has set the goal of doubling to tripling revenues from its food operations by 2020, said Nongnuch Buranasetkul, CEO for the company’s food business in Thailand.
— The Nation

Insurers ban coverage of ships on IUU fishing blacklist
A coalition of insurance firms agreed yesterday to crack down on pirate fishing by banning coverage for trawlers whose illegal catches are worth at least copy0 billion a year.
— Bangkok Post

Lt-Gen Sansern affirms there is no confusion about PM’s statement on election
Government spokesman Lt-Gen Sansern Kaewkamnerd on Sunday shrugged off doubt about the election date raised by former Pheu Thai MP and former energy minister Pichai Naripthapant.
— NBT World (video)

BSR secures lending deal for rail lines
Three large banks — Bangkok Bank (BBL), Krungthai Bank and Siam Commercial Bank — are set to sign a syndicated loan contract with BSR Joint Venture in the next week or so to finance the construction…
— Bangkok Post

Cops target Phuket in mafia blitz
Foreign criminals operating on the resort island of Phuket — many of whom are employed as teachers or disguise themselves as football players — are next on the police “hit list”.
— Bangkok Post

Labor Ministry tackles migrant workers’ extortion issue
Officials from the Ministry of Labor visited employment service centers for Myanmar migrant workers to inspect an alleged extortion involving officials and migrant workers.
— NNT

Thong Fah scheme under fresh attack
The government denied Sunday that its Thong Fah (Blue Flag) store project, which sells low-price products to low-income earners, was launched in favour of agribusiness conglomerate the Charoen Pokphand Group (CP).
— Bangkok Post

Government affirms welfare scheme not giving benefits to big companies
The Thai government has reassured that all companies wishing to participate in the state welfare scheme for lowincome earners will receive equal treatment.
— NNT

Crown Property cuts SCB stake
Crown Property Bureau’s shareholding in Siam Commercial Bank (SCB), Thailand’s third-largest bank by assets, has declined by 3.33%, according to a filing with the Securities and Exchange Commission.
— Bangkok Post

First royal cremation procession concluded beautifully
The first rehearsal of the royal cremation procession for His Majesty the late King Bhumibol Adulyadej took place successfully yesterday morning, with crowds of the general public witnessing the scene.
— NBT World (video)

Recommendations regarding the Royal Cremation for the late King Bhumibol Adulyadej
The Royal Cremation Ceremony for the late King Bhumibol Adulyadej is scheduled for 25-29 October, 2017. Thursday, 26 October, will be the Royal Cremation Day, and it has been declared a public holiday in Thailand by the Royal Thai Government to allow the people to take part in paying a final tribute to the late King.
— TAT News

Thai national assembly to receive NACC Bill this month
The National Legislative Assembly (NLA) will receive the draft organic National Anti-Corruption Commission (NACC) Act, this month.
— NNT

 

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.

 

 

The following two tabs change content below.
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.

Do you know more about this story? Leave a comment or email: feedback@aecnewstoday.com