Thailand morning news for July 19

Thailand morning news for July 19

Thailand morning newsIt was a miracle, say Mu Pa boys
THE RESCUED Mu Pa boys and their assistant coach yesterday promised to live their lives with caution and care having learnt a lesson in being trapped in a Chiang Rai cave for more than two weeks.
— The Nation

KBank sees slide to B34 against dollar
Views on the US dollar’s prospects for the rest of the year are mixed, with Kasikornbank (KBank) forecasting that the baht will hit a one-and-a-half-year low of 34 to the greenback this quarter amid llarge-scale capital inflows.
— Bangkok Post

Foreign selling of Thai shares hits record high, more expected
Foreign investors have net sold Thai shares worth a record 197 billion baht ($5.93 billion) so far this year, bourse data showed, sending the baht to a more than nine-month low against the dollar.
— Reuters

Japan confirms cooperation towards Thailand’s entry into CPTPP
Japan and Thailand agreed on Wednesday to work together towards the Southeast Asian country’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as the two nations boost economic cooperation aimed at promoting free trade.
— Bangkok Post

Car sales outlook still rosy, FTI says
The Federation of Thai Industries (FTI) has an optimistic outlook for the country’s automotive industry but is concerned about a slight contraction in the local motorcycle market.
— Bangkok Post

Pak Bara port plans shelved, source says
The government has decided to shelve the controversial Pak Bara deep-sea port project in Satun to avoid fuelling conflicts between residents and state officials, an informed source says.
— Bangkok Post

Govt pledges increase in renewable power production
Minister of Energy Siri Chiraphongphan, has announced the ministry’s plan to increase the proportion of renewable electricity to 30% in the next 12 years.
— NNT

Citi bullish on Asia stocks, despite outflows, trade row
CITIBANK Thailand is confident on the prospects of Asian stocks in the second half of this year, despite the overhang of an intensifying global trade conflict and capital outflows.
— The Nation

Doi Suthep network warns of protests
A CHIANG MAI citizens group yesterday threatened to stage a large demonstration next month if nothing was done by then to restore the land housing a luxury housing project on Doi Suthep Mountain to its original state.
— The Nation

Honda urges better incentives to kick-start electric motorbikes
Japan’s Honda is calling for measures and incentives to localise assembly of electric motorcycles in Thailand, saying the current promotion package is limited to production of finished cars and electric parts.
— Bangkok Post

Police: 28 e-waste cases being processed
The police are urgently filing lawsuits against wrongdoers in electronic waste cases in Thailand and other countries, following their inspection of plants in Bangkok and nearby provinces.
— NNT

Google offers free public Wi-Fi
GOOGLE Thailand yesterday launched a series of initiatives, including free high-speed public Wi-Fi, to enable more Thai consumers and businesses to participate in the growth of the digital economy.
— The Nation

Phuket Boat Incidents: Action plan announced to improve marine tourism safety
Thai authorities have announced an action plan to improve safety standards and confidence in Thailand as a safe tourist destination at a joint press conference held this morning at the Phuket Yacht Control Centre at Chalong Pier.
— TAT News

Commerce vows stricter inspections
Following the Phuket boat tragedy, the Commerce Ministry has vowed to step up inspections of business owners, particularly in tourism, property and farming, to root out foreign operators using Thai nominees.
— Bangkok Post

Telecom regulator pledges effective spectrum management to embrace Thailand 4.0 initiative
THE NATIONAL Broadcasting and Telecommunications Commission (NBTC) has planned to ensure more effective spectrum management as its core competency to embark on the Thailand 4.0 model, according to the regulator’s secretary general Takorn Tantasith.
— The Nation

Google vows to ‘Leave No Thais Behind’
Google Thursday announced a collaboration with local partners on access to education, content, localised products and small and medium-sized enterprise (SME) promotion as part of the tech giant’s long-term goal of broadening its digital economy network in Thailand.
— Bangkok Post

TAT confirms maritime safety in Thai and Chinese media
The Tourism Authority of Thailand (TAT) has led Thai and Chinese media to review steps being taken to assist those impacted by the recent boat sinking in Phuket waters, as well as to review maritime safety measures in an effort to restore confidence among tourists.
— NNT

Dozens of foreign firms forecast to get on VAT train
The Revenue Department anticipates that 80-100 large foreign-based digital platform operators that render services to Thai consumers will sign up as value-added tax (VAT) registrants in Thailand fter the e-business tax comes into force.
— Bangkok Post

British cave divers laud Thai Navy Seals for their courage, skills
The Thai Navy Seals’ Facebook account recently posted a statement issued by the British Cave Rescue Council (BCRC), saying the council officers “have been in awe of the courage displayed by the Thai Navy Seals and what they managed to achieve without the specialist equipment”
— News Today (video)

Three-month coconut import ban proposed in Thailand
Thailand is considering a three-month import ban on coconuts to shore up local prices.
— Fresh Plaza

Japan’s GS Yuasa to boost car battery output in Thailand
Major Japanese automotive and industrial battery-maker GS Yuasa International Ltd. will boost car battery production in Thailand to serve demand stemming from growing vehicle sales in Southeast Asia.
— The Japan Times

Energy Ministry denies role in MHPS bribery case
The Energy Ministry has denied involvement with a bribery case concerning Mitsubishi Hitachi Power Systems (MHPS) and a 5,300-megawatt gas-fired power plant.
— Bangkok Post

1st Thai Arctic Expedition to plant flag on North Pole for environmental research
Thai scientists have announced the first Thai expedition to the North Pole to conduct research on the impact of environmental disasters.
— NNT

Govt kicks water management projects into high gear
The government is set to push forward nine of its water management projects in 2019 while urging the country to brace itself for the impact of Tropical Storm Son Tinh.
— NNT

Service sector performance improves in June
The Thai Chamber of Commerce has reported an increase in the Trade in Services Performance and Potential Index (TSPPI) in June due to expansions in tourist arrivals and cross-border trade.
— News Today (video)

A moment of opportunity for Thailand’s industrial sector
THE WORLD is changing, and business in Thailand must understand the drivers of this change.
— The Nation

Celebrating 70 years with 250 Porsche cars over one weekend in Bangkok
A contingent of 911s, the classic 959 Paris-Dakar rally car and a sneak peek at the upcoming electric Taycan. CNA Lifestyle lived the motoring dream at Porsche’s milestone anniversary in Thailand.
— Channel NewsAsia

GHBank tops 100 bil baht in home loans in first half of 2018
The Government Housing Bank (GHBank) offered over 100 billion baht in home loans during the first six months of the year, in accordance with government policy to elevate the quality of life of low-income citizens.
— NNT

Cabinet approves joint agreement on repatriation of Myanmar refugees
The Cabinet has endorsed an agreement between Thailand and Myanmar on their cooperation to repatriate Myanmar refugees, with a budget to be allocated in support of their journey home.
— News Today (video)

Royal Thai Navy to take lessons from Tham Luang Cave rescue operation
The Royal Thai Navy is preparing to analyse all lessons and information learnt from the Tham Luang Cave rescue mission to enhance its efficiency and to inform its choice of equipment for emergency response work.
— NNT

Private sector to comply with Public Health Ministry’s trans fats ban
The private sector is ready to comply w the Ministry of Public Health’s new regulation to ban the production, import, and distribution of food containing trans fats.
— News Today (video)

Nest to spend Bt10bn on condos, hotels
THE NEST Property Co Ltd, a property arm of the of the Mahagitsiri family’s PM Group – renowned for coffee production, among diverse businesses – plans to spend more than Bt10 billion to develop condominiums and hotels in Bangkok from this year to 2021.
— The Nation

PM chairs Herbal Expo, vows to develop traditional medicine
The Prime Minister has vowed that his administration will continue to improve the public health system and foster wider acceptance of Thai herbal remedies.
— NNT

ESAN Expo 2018 taking place at CentralWorld
Five upper northeastern provinces are jointly organizing the ESAN Delight Plus Expo 2018 to promote tourism and culture of the region.
— NNT

 

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/ 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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