Thailand Morning News For September 20

Thailand Morning News For September 20

Thailand morning newsThailand approves law to speed up $45-billion development plan
Thailand’s cabinet on Tuesday approved a measure to accelerate a $45-billion plan to develop the industrial east and attract foreign investors, as the ruling junta seeks to boost long-term economic growth, a government official said.
— Reuters

Thailand’s Central Bank Has a Major Dilemma: Its Currency
A public rift between Thailand’s central bank and government on interest rates shows just how much of a dilemma the baht has become for the economy.
— Bloomberg

Cabinet allots B87bn in rice aid measures
The cabinet yesterday approved a combined 87.2 billion baht worth of measures to ensure farmer income and stabilise rice prices ahead of the annual harvest for the 2017-18 season, starting in November.
Thailand draws 3.1 million tourists in August, a record for the month
— Bangkok Post

Thailand welcomed 3.13 million tourists in August, a record for the month
Thailand welcomed 3.13 million tourists in August, a record for the low season month, and there’s no sign that the strong baht is hurting an industry that’s been a rare bright spot for the economy.
— Reuters

Tourism resilient despite baht
Tourism has not yet been affected by the strong baht, with the number of tourist arrivals in August rising 8.66% year-on-year to 3.13 million.
— Bangkok Post

PM-chaired cyber-security panel to sit till permanent law enacted
Prime Minister General Prayut Chan-o-cha will soon chair a committee for the preparation of cyber-security policy and planning proposals, following the Cabinet’s approval of a PM’s Office regulatory draft on Tuesday.
— The Nation (annoying popups)

Commerce Min urges farmers to grow organic produce as global demand rises
The Ministry of Commerce is determined to increase exports and domestic consumption of organic farm goods.

B4bn budget for 489 NGV city buses
The Bangkok Mass Transit Authority (BMTA) has announced a median price of 4.02 billion baht for its latest attempt to buy a new bus fleet of 489 vehicles running on compressed natural gas (NGVs).
— Bangkok Post

TCC confident on EEC investment rush
THE THAI Chamber of Commerce (TCC) says it is confident that the Eastern Economic Corridor (EEC) will drive the economy forward and expects government outlays of at least Bt1.5 trillion from 2018-22 to spur investments in the development zone by domestic and foreign companies.
— The Nation (annoying popups)

Fresh carrot to stir interest in ailing SEZs
The Treasury Department will offer private investors a waiver on rental fees for state land in special economic zones (SEZs) near neighbouring countries for up to two years if they develop the rented areas within one year of signing the contracts.
— Bangkok Post

Cabinet gives provisional go-ahead for Bt200-bn flood-prevention plan
THE CABINET has given approval in principle to nine flood- and drought-prevention plans in the Lower Chao Phraya River Basin, with the full details and budget of the projects to be submitted for its consideration next week.
— The Nation (annoying popups)

BOI to promote modern agricultural industry under “Thailand 4.0” policy
Prime Minister Gen. Prayut Chan-o-cha presides over the Board of Investment (BOI) meeting at the Government House to approve a flagship policy to modernize Thailand’s farm industry.

Hospital stops free heart treatment
A BANGKOK-BASED hospital will stop providing specialised heart surgery for patients receiving free treatment under the universal healthcare scheme on October 1, because it fails to meet one requirement in new criteria set by the National Health Security Office (NHSO).
— The Nation (annoying popups)

Health cover tax giveback sanctioned
The cabinet yesterday approved an additional tax break on premiums paid for health insurance, letting taxpayers claim a deduction of up to 15,000 baht for premiums paid to health insurance provided by life and non-life insurers.
— Bangkok Post

Cabinet nod for B17bn Bang Ban-Bang Sai canal
The cabinet on Tuesday (Sept 19) approved in principle nine projects to solve the flooding problem in the lower Chao Phraya River basin, including the 22.4-kilometre Bang Ban-Bang Sai canal in Ayutthaya province with a budget of 17 billion bahtม Agriculture and Cooperatives Minister Chatchai Sarikulya said.
— Thai PBS

NBTC aims for spectra switch rules to be in place by year’s end
THE National Broadcasting and Telecommunications Commission (NBTC) regulations to reclaim telecom and broadcasting spectra are expected to take effect by the end of this year, the regulator’s secretary general Takorn Tantasith said yesterday.
— The Nation (annoying popups)

Chamber predicts B10bn Pattaya investment
Thailand’s private companies are set to pour up to 10 billion baht into improving and developing tourism-related businesses in Pattaya to tap benefits from the government’s flagship Eastern Economic Corridor…
— Bangkok Post

FamilyMart highlights new Kerry Express parcel partnership
FamilyMart, determined to continue fulfilling its mission of satisfying all moments of daily life to meet the needs of consumers in the 4.0 age, has taken its services forward to one-stop shopping.
— The Nation (annoying popups)

WHA aims to attract more aerospace
SET-listed WHA Corporation Plc, Thailand’s biggest developer of fully integrated logistics and industrial facilities, wants to draw aerospace investors to the company’s estates in the Eastern Economic Corridor (EEC).
— Bangkok Post

Flood situation reported in 12 provinces due to Doksuri
Tropical storm Doksuri has sent water gushing through 12 provinces with the Department of Disaster Prevention and Mitigation (DDPM) warning all regions to take measures against the effects of heavy downpours.

TCG looking to broaden funding net for small firms
The state-owned Thai Credit Guarantee Corporation (TCG) plans to begin providing credit guarantee service for leasing and factoring offered by non-bank companies from early next year, to widen small firms’ access to financial sources.
— Bangkok Post


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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