Thailand Morning News For February 26

Thailand Morning News For February 26

Thailand morning newsJanuary by numbers – Car registrations and tourist numbers up
The Land Transport Department has reported 268,989 new cars and motorcycles for January 2018.
— Phuket Gazette

NESDB forecasts 3.6-4.6% economic growth this year
The Office of the National Economic and Social Development Board (NESDB) expects this year’s economic growth to be between 3.6% and 4.6% due to world economic recovery.
— NNT

Poppies Samui: Best Small Hotel in Thailand & Pretty Romantic Too (video)
Thailand expects to welcome some 37.55 million foreign tourists this year and one hotel hoping to benefit from the increased numbers is Poppies Seaside Cottages on the island of Koh Samui, commonly known as Poppies Samui.
— AEC News Today

Commerce Min targets 6.5% export growth in ASEAN market
The Department of International Trade Promotion (DITP) has set a target of 6.5% growth for Thai exports to members of the Association of Southeast Asian Nations (ASEAN).
— NNT

Agriculture Minister in Songkhla to cope with drought
The Minister of Agriculture and Cooperatives has revealed that there is sufficient stored water in Thailand to cope with the upcoming dry season. Meanwhile, he encouraged farmers to cultivate alternative crops to keep the rice price from falling.
— News Today

Thailand to export 9.5 mn tons of rice this year
President of the Rice Exporters Association of Thailand, Charoen Laothammatas expects that the association will be able to export around 9.5 million tons of rice this year.
— NNT

Credit card NPLs soar to 51 billion baht for the first quarter of 2018 fiscal year
The amount of non-performing loans (NPLs) from credit cards during the first quarter of 2018 fiscal year has jumped to 51 billion baht, according to the Credit Bureau.
— Thai PBS

Bill eases curbs for illegal hires
Illegally hiring a migrant worker will not cost an employer as dearly any more as a bill that reduces the fine from 400,000-800,000 baht to 10,000-100,000 baht is expected to be placed before the cabinet…
— Bangkok Post

Boat services in Chiang Rai affected by lower water levels in the Mekong
China has stopped discharging water from Yunnan Dam into the Mekong River, affecting boat services in the northern city of Chiang Rai.
— NNT

Environmental fears as EEC plans rushed
LOCAL PEOPLE in the Eastern Economic Corridor (EEC) provinces have been joined by academics in voicing concerns over the effects of the imminent industrial expansion on the environment and livelihoods of people.
— The Nation (annoying popup video ads)

Energy minister: No construction of mega power plant in the South in five years
Energy Minister Siri Jirapongphan assured no construction of large-scale power plant project in the South for five years from now as the government already has a plan to supply electricity to the region.
— Thai PBS

Policymakers aim to adjust legal reserves
Energy policymakers are planning to increase the volume of the country’s legal reserves for refined oil from oil traders to 2% or 7.3 days, up from 1% or 3.65 days.
— Bangkok Post

Russian firms ready for Thai opportunities
RUSSIAN companies are ramping up business partnership with their Thai counterparts.
— The Nation

Thailand welcomed 3.5 million foreigners in Jan
A total of 3.5 million foreign tourists visited Thailand in January 2018, generating more than 180 billion baht in tourism revenue.
— News Today

E-marketplace set to heat up as mobile banking gains ground
The e-commerce market in Thailand this year continues to heat up, as seen from a series of new services launched by related businesses such as delivery, e-payment or mobile banking.
–The Nation (annoying popups)

Thailand’s $3.2b infrastructure fund delayed by dispute over costs
Thailand’s planned 100 billion baht ($3.2 billion) infrastructure fund is embroiled in a court dispute over costs, threatening to further delay its listing.
— DealStreetAsia

Over 58 percent of respondents disagree with new party supporting PM Prayut: Suan Dusit Poll
More than half of the respondents to the Suan Dusit Poll disagreed with the idea of setting up of a political party to support General Prayut Chan-o-cha as the next prime minister.
— Thai PBS

Security beefed up in Deep South following spate of attacks
Suspected insurgents staged another round of violence last night by burning stores, firing at houses, security bases and checkpoints in Narathiwat, Pattani and Songkhla provinces.
— Thai PBS

StockRadars offers ICO to launch crypto social trading platform
Thai financial-technology start-up StockRadars has announced plans to raise US$12 million (Bt377 million) funds through an initial coin offer (ICO).
— The Nation (annoying popups)

Costliest slices of the Big Mango
For your average Joe, 100,000 baht per square wah is no trifling sum for a piece of land. But for inner Bangkok, it’s small change, as the area has set a record high of 3.17 million baht per sq wah for…
— Bangkok Post

Commerce Ministry seeking strategic partnerships with trading nations
The Ministry of Commerce will rely on its strategic partnership policy to boost Thai exports this year.
— News Today

Philips senses opportunity in digital
Philips Thailand Co, a healthcare business arm of Royal Philips, the Dutch electronics company, plans to focus on digital healthcare this year to capitalise on the government’s Thailand 4.0 policy.
— Bangkok Post

Building a biobank
A pilot project involving three Thai medical research facilities and a China-based genomics company will build a genome-sequence database of Thais in order to better match medical treatment to patient needs.
— The Nation (annoying popups)

NCPO to unlock more restrictions on political activities this June
The National Council for Peace and Order (NCPO) will retract its order banning political activities in June, paving the way for municipal elections nationwide.
— NNT

The Thai Internet economy almost doubles in two years, says Google report
SOME US$13 billion (Bt408 billion) was invested in Southeast Asia’s Internet economy since 2015, including a strong acceleration of investment between 2016 and 2017, according to the “e-Conomy Southeast Asia Spotlight 2017” report.
— The Nation

Thai PM satisfied with Thailand’s improvement in graft index
Prime Minister Gen Prayut Chan-o-cha has lauded Thailand’s improved ranking in the Corruption Perceptions Index 2017.
— News Today

International tourism generates almost 200 billion baht revenue in first month of 2018
Thailand’s tourism industry continues to shine this year with tourism revenue generated from foreign tourists visiting the country in the first month of 2018 surging to almost 200 billion baht.
— Thai PBS

PM invites low-income earners to join living quality enhancement program
Prime Minister Gen Prayut Chan-o-cha has invited low-income earners to enroll in the living quality enhancement program by the end of this month to gain additional welfare and benefit, stressing the Thai Niyom Yungyuen campaign is aimed for the development in all aspects.
— NNT

Thailand’s first Wildlife Corridor
The route that commuters usually travel between eastern and northeastern Thailand is Highway 304. A section of this highway is cut through the forest of Dong Phaya Yen and Khao Yai forest complex, which is a World Heritage site.
— News Today

Work is under way to include wildlife under the protection of cruelty against animals law
The Livestock Department is speeding up the inclusion of wildlife into so that wild animals will be protected under this law.
— Thai PBS

TAT continues its support for Honda LPGA Thailand 2018
The Tourism Authority of Thailand (TAT) continues its support for the 12th anniversary of the Honda LPGA Thailand 2018 golf tournament as coverage of the event promotes a positive image of Thailand’s internationally acclaimed golf tourism sector.
— TAT News

 

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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

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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