Fitch: Thailand’s Economic & Banking Outlook Challenging Despite Modest Economic Recovery
Thailand’s medium-term growth outlook continues to be challenged by high household debt and adverse demographic trends even though the economy has picked up in 2017, while the prospects for Thai banks’ operating environment and sector performance remains negative, albeit with modest improvements in growth, asset quality and profitability expected in 2018, said Fitch Ratings’ analysts at the agency’s annual conference in Bangkok.
Top Thai mobile operator to buy Internet provider
Thailand’s largest telecommunications Advanced Info Service Pcl (AIS) plans to spend 2.6 billion baht ($78.57 million) to buy 56 percent of Internet service provider CS Loxinfo, further advancing its Internet broadband coverage.
Police indicate irregularities found in state rice stocks
A Deputy National Police Chief has submitted reports on the inspection of four state rice stores conducted last week to a Deputy Prime Minister, acknowledging that some irregularities were found.
Minister orders probe into possible land misuse in Khon Kaen
The Minister of the Interior has ordered a 15 day probe into the use of a community forest park in Baan Kok Huay Mek of Khon Kaen province, promising serious action against any officials found involved in graft.
Portable Czech brewery brings home-made beer garden dreams a step closer
For beer lovers who dream of brewing their own pint, a portable brewery from the Czech Republic may be just the thing – if they have $124,000 to spare.
The AMLO files complaints against Thaksin’s son, Panthongtae
The Anti Money Laundering Organisation is filing a complaint with the Department of Special Investigation against Panthongtae Shinawatra, the son of fugitive ex-PM Thaksin Shinawatra, in a money-laundering case connected with the multi-billion-baht loan fraud linked to the state-owned Krungthai Bank.
— Phuket Gazette
Industry Minister: Japan to help realize Thailand 4.0 agenda
According to the Industry Minister, the Japanese government has acknowledged Thailand’s commitment to working with Japan to mobilize the Thailand 4.0 agenda.
NACC clears Yingluck of mismanagement of 2011 flooding
The National Anti-Corruption Commission has cleared former prime minister Yingluck Shinawatra of alleged mismanagement of water resources leading to major flooding in 2011 which caused over 350 billion baht damages, NACC chairman Pol Gen Watcharapol Prasarnrajkit said on Wednesday (Sept 13).
— Thai PBS
Rohingya trafficker sentenced to 15 years in jail
A local businessman faces 15 years in prison for trafficking nearly a hundred Rohingya migrants in 2015, two of whom suffocated to death during their journey.
— Prachatai English
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.
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.
Latest posts by John Le Fevre (see all)
- COVID-19 in Asean: update for July 26 — 16 mln case barrier breached, Vietnam records community transmission – July 26, 2020
- COVID-19 in Asean: update for July 25 — new high for daily infections, 16 mln infection barrier to break today – July 25, 2020
- COVID-19 in Asean: update for July 24 — Asean tops 230,000 cases, nudges 90,000 active – July 24, 2020
- Thailand morning news for July 24 – July 24, 2020