Thailand Morning News For January 18

Thailand Morning News For January 18

Thailand morning newsMinimum wage rise of 5-to-22 baht approved
The national wage committee with the authority to approve minimum daily wage hikes agreed on Wednesday night to an increase in the minimum wage.
— Bangkok Post

Thailand Boosts National Minimum Wage for First Time Since 2013
Thailand raised its minimum wage nationwide for the first time in five years, as the country’s military government tries to tackle lingering income inequality.
— Bloomberg

PM accuses the media and politicians of trying to overthrow junta govt
PRIME MINISTER General Prayut Chan-o-cha accused the media and politicians of attempting to overthrow the junta government and the National Council for Peace and Order in a letter handed to Cabinet members on Tuesday.
— The Nation

BoT sounds alarm on baht speculation
In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.
— Bangkok Post

Thailand Attracts More Film Shoots in 2017
Thailand saw the number of incoming productions drop in 2017. But their value and the number of feature films both increased.
— Variety

Thailand to start purchase of power from Laos in October
Thailand is planning to start the purchase of electricity from Laos tentatively in October.
— News Today (video)

Shining a light on Thailand’s electricity woes
The plan to open up Thailand’s power generation market comes months after the government raised eyebrows at under-performance and rampant price hikes by the Electricity Generating Authority of Thailand (Egat).
— Bangkok Post

Yacht sector looking at 10% growth
The yacht industry is set to log a 10% growth rate this year, says Vrit Yongsakul, group managing director of Boat Lagoon Yachting.
— Bangkok Post

NACC no-reset law faces legal challenge
The controversial approval of legislation allowing all nine members of National Anti-Corruption Commission to remain in office is likely to be challenged in the Constitutional Court by disgruntled members of the National Legislative Assembly (NLA).
— Bangkok Post

Thai export growth forecast to reach 6 3% this year
The Center for International Trade Studies of the University of the Thai Chamber of Commerce has estimated that Thai exports will likely expand by 6.3% this year in line with the global economic recovery.
— News Today (video)

United States’ Notorious Markets List no longer includes Thai markets
Thailand’s efforts to crack down on intellectual property (IP) violations has been recognized by the United States, which recently published a report that left Thai markets out of its list of notorious IP-infringing markets.
— News Today (video)

Ramkhamhaeng U threatens to sue OHEC
Ramkhamhaeng University has threatened to sue the Office of Higher Education Commission (OHEC) for tarnishing the reputation of the university over the latter’s announcement 40 courses of study offered by the university did not pass the office’s quality assessment.
— Thai PBS

Land & Houses earmarks Bt13 bn for land purchases, property development
LISTED PROPERTY firm Land & Houses Plc has set aside an investment budget of Bt13 billion this year to buy land for residential projects as well as for the development of commercial buildings – including retail and office space and hotels – in Pattaya and the Sukhumvit area of Bangkok.
— The Nation

Government offers tax break for second child
The government has approved a proposed tax break on the second child of Thai parents.
— News Today (video)

Thai c.bank has found ‘unusual speculation’ in baht trade – governor
Thailand’s central bank governor said on Wednesday it has found “unusual speculation” in the baht from some local financial institutions, but noted recent strength in the currency is expected to have only a limited impact on exports.
— Reuters

Nakhon Panom ready to ensure foreign laborers properly registered
Nakhon Panom Employment Office has pressed employers in the province to meet regulations after the Foreign Laborer Act window was extended.
— NNT

More than 60,000 bootleg items destroyed in Nong Khai
More than 60,000 bootleg items have been destroyed by Nong Khai customs officials. The counterfeits are said to have cost the economy nearly 56 million baht.
— NNT

RAOT continues with raw latex buy up effort
The Rubber Authority of Thailand (RAOT) has advised the industry that its raw latex buy-up scheme has been successfully piloted in five provinces of the South and that it will now maintain its purchasing rates across the nation.
— NNT

 

Feature photo Parinya Jaipang


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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