Thailand Morning News For September 6

Thailand Morning News For September 6
Estimated Reading Time: 4 minutes |

Thailand morning newsFinance to speed up law to promote joint venture startups
The National Start Up Committee says it is speedily drafting a legislation that will exempt capital gain tax for start-up business that is jointly invested by Thai and foreign investors.
— Thai PBS

Thai people’s quality of life improves, employments increase in Q2: NESDB
The National Economic and Social Development Board (NESDB) announced the Thai people’s quality of life has improved and employments have increased in the second quarter of 2017.
— NBT World (video)

Double-tax waiver draft approved
The cabinet yesterday approved a draft agreement for an exemption from double taxation between Thailand and Cambodia, aiming to promote investment links with the private sectors of the neighbouring nations.
— Bangkok Post

Study needed for revision of export estimate
THE Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) will assess impacts on the US economy from Hurricane Harvey and the tension with North Korea before revising forecast for Thai export growth on October 10.
— The Nation

Twelve airlines to terminate international flights this month
Twelve airlines will have their international flights terminated pending an International Civil Aviation Organization inspection to free-up their Red Flag status.
— Thai PBS

Call to amend revenue code to ease e-tax
The Revenue Department has proposed amending the Revenue Code to enable it to certify electronic transaction documents aimed at facilitating the e-tax system.
— Bangkok Post

Commerce Ministry issues 1st Thai service business strategies
The Ministry of Commerce has issued the first Thai service business strategies, focusing on four key long-term strategies to strengthen Thai service business and stimulate local economy to increase income for the community.
— NNT

NBTC may propose PM to use Section 44 to rid digital TV industry of heavy financial burden
The National Broadcasting and Telecommunications Commission (NBTC) is considering to propose the prime minister to use Section 44 of the interim Constitution to allow digital TV operators to return their TV licences to ease their financial burden after suffering heavy loss.
— Thai PBS

Prayut puts Cambodia hydropower deal on hold
Prime Minister Prayut Chan-o-cha has ordered authorities to delay investment in the Stung Nam hydropower project and buying power from Cambodia, amid mounting criticism over unusually high prices in the proposed contract.
— Bangkok Post



One ticket system for skytrain and subway trains to be delayed
The use of one ticket system or “Mangmoom” joint ticket system for both skytrain and subway train travels is believed to be delayed after the Mass Rapid Transit Authority of Thailand (MRTA) wants it to get board approval before signing memorandum of understanding with the two train operators.
— Thai PBS

New Labor Protection Act effective from 1 Sep
The Department of Labor Protection and Welfare disclosed that the Labor Protection Act 2017 has become effective. The wage committee can now determine hourly minimum wages to promote employment, especially among students, disabled workers and the elderly.
— NNT

Fitch: Lower Handset Subsidies Positive for Thai Telcos
Thai mobile-phone operators’ strategy to reduce handset subsidies gradually is likely to improve their profitability, says Fitch Ratings.
— Reuters

TOT wants telcos to be made to rent its pipes
Thai state-owned operator TOT is calling on the government to use its legislative powers to force telecoms and broadcasting companies to move their overhead cables in Bangkok into TOT’s underground pipes.
— Telecomasia.net

Thai Lion goes long haul with new Airbus jets
Thai Lion Air (TLA) is making sure its entry into the medium-to-long-haul segment of Thailand’s fledging low-cost carrier (LCC) market will be noted.
— Bangkok Post

Thailand’s Wattanapat Hospital plans IPO to help meet tourist demand
Thailand’s Wattanapat Hospital Trang Pcl plans an initial public offering this month to help finance an expansion to absorb growing numbers of tourists traveling to the Andaman Coast, its executives said on Tuesday.
— Reuters

Smuggled pangolins and scales are believed to originate from Penang
The consignment of 136 pangolins and 450 kilogrammes of pangolin scales seized in Prachuab Khiri Khan on Aug 30 by customs officials was believed to originate from Penang in Malaysia.
— Thai PBS

Government declines to confirm speculation of general election in August 2018
The government cannot confirm speculation that the general election may take place in a year’s time.
— NNT

Registration continues for social service campaign in honor of late King
Citizens continue to volunteer themselves for the nationwide social service campaign, hoping to dedicate the merit to His Majesty the late King Bhumibol Adulyadej.
— NBT World (video)

Constitutional Court agrees to allow current ombudsmen to remain in office despite new law
The Constitutional Court has agreed to let the current ombudsmen to complete their terms in office even after the new law comes into effect.
— NNT

 

Feature photo John Le Fevre
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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

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.

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