Thailand Morning News For June 21

Thailand Morning News For June 21
Estimated Reading Time: 6 minutes |

Thailand morning newsSelf-Sufficient, Sustainable, Vital: Thailand’s Vision for PPP-Driven CLMVT (video)
Thailand Prime Minister General Prayut Chan-o-cha has outlined his vision of the future for the CLMVT (Cambodia, Lao, Myanmar, Vietnam, Thailand) in which the region seamlessly integrates with larger regional and global economic corridors, with the private sector playing a major role.
— AEC News Today (video)

Prawit orders end to imports of hazardous waste
Deputy Prime Minister Prawit Wongsuwon has ordered authorities to find ways to end the importation of hazardous and electronic waste.
— Bangkok Post

Migrant workers have until June 30 to register or face deportation
Prime Minister Gen Prayut Chan-o-cha has urged alien workers to register and have their nationalities proven before the end of this month.
— NNT

Thailand Bucks Southeast Asia Trend by Keeping Rates on Hold
Thailand’s central bank left its benchmark interest rate unchanged near a record low, bucking a regional trend as more central banks tighten policy amid a global emerging-market rout.
— Bloomberg

Special organization to be set up to regulate High Speed Rail projects
The Ministry of Transport discussed with firms registered in the capital market to find ways and means to establish a special organization in charge of regulating High Speed Rail projects.
— NNT

Interior Ministry to mull import ban on electronic trash with Article 44
An ad hoc committee is to be set up to address the problem of electronic trash and to consider whether Article 44 of the interim Constitution should be invoked by the prime minister to ban the import of electronic garbage with immediate effect.
— Thai PBS

Cabinet approves tax privileges for foreign firms opening headquarters in Thailand
The Cabinet has agreed to offer tax reductions and exemptions to some foreign companies which set up head offices in Thailand.
— News Today (video)

10-year irrigation plan set in support of EEC
Rayong Irrigation Project has come up with a 10-year plan to ensure water availability for the Eastern Economic Corridor project.
— NNT

Airports of Thailand approves $1.3 bln for Suvarnabhumi expansion plan
Airports of Thailand’s (AOT) board approved an investment budget of 42.1 billion baht ($1.28 billion) for the expansion of Suvarnabhumi, Thailand’s main airport, the state-owned company said on Wednesday.
— Reuters

Stingrays and sawfish declared protected species
The Ministry of Natural Resources and Environment has declared eight types of stingray and three types of sawfish as protected species.
— Thai PBS

Thailand seeks formation of cassava bloc
Thailand wants to form a coalition with Cambodia, Laos, and Vietnam, all cassava-producing nations, to guarantee a stable price for the commodity and avoid future price wars, according to an article published yesterday in the Bangkok Post.
— Khmer Times

New tax to encourage B20 use
The Excise Department is imposing a tax on B20 biodiesel that is 82 satang lower than the B7 tax in a push to make the former’s retail price three baht per litre cheaper than the latter’s, says a senior official.
— Bangkok Post

Measures controlling the use of paraquat being developed
The Biotechnology Alliance Association (BAA) recently held a meeting to develop measures to control the use of certain herbicides before proposing them to the Department of Agriculture (DOA).
— NNT

PM eyes boosting investor confidence during UK visit
The Prime Minister is scheduled to visit the United Kingdom next week, during which he intends to enhance bilateral relations and boost investors’ confidence in the Thai economy.
— News Today (video)

Call to boost financial literacy in Thailand
Given that the majority of Myanmar people lack the knowledge to use digital payment platforms, all the players in the finance industry must work together to educate them so the nation can become a cashless society, according to Country Manager of Visa Myanmar, Arturo Planell.
— Borneo Bulletin/ The Nation/ ANN

Min of Industry to organize Manufacturing Expo 2018
Thailand’s Ministry of Industry has joined hands with the private sector to organize Manufacturing Expo 2018, showcasing cutting edge technology from 46 countries that will support industrial production.
— NNT

Theresa May calls for “free and open elections” in Thailand
British Prime Minister Theresa May yesterday called for “free and open elections” in Thailand as she met Prime Minister Gen Prayut Chan-o-cha in London.
— Thai PBS

Five waste treatment plants shuttered for recycling illegal electronic waste
The Director-General of Thailand’s Department of Industrial Works, Mongkol Pruekwatana, has ordered the closure of five waste recycling plants in the East for filing false import claims.
— NNT

French utility Engie to get 2.6 billion euros from Glow Energy sale
French utility Engie (ENGIE.PA) said the sale of its 69 percent stake in Thailand’s Glow Energy Pcl (GLOW.BK) would result in net proceeds of 2.6 billion euros ($3 billion) for Engie.
— Reuters

Measures issued in response to high diesel price, oversupply of oil palm
The Thai government has promised an acceptable resolution to the oil palm oversupply problem while transport operators are poised to ask for an adjustment to their rates despite a state cap on diesel prices, currently set at 30 baht per liter.
— NNT

True slashes 1Gbps fibre internet price by 70%
True Corporation is cutting its price by 70% for its 1 gigabit per second (Gbps) fibre internet service to increase its premium group of users and prepare for saturation of the fixed broadband market by 2020.
— Bangkok Post

Polls point to strong backing among Thais for death penalty
CAPITAL PUNISHMENT, despite growing opposition among international organisations and other countries, is strongly supported by the majority of Thai people, according to surveys.
— The Nation (annoying popup autoplay video)

Thailand dengue death toll rises to 24
Since our update on the dengue fever situation in Thailand two weeks ago, the Bureau of Epidemiology, Ministry of Public Health, Thailand has reported an addition five dengue related fatalities, bringing the death toll to 24, as of June 18.
— Outbreak News Today

Corporate Establishment in Thailand: What You Need to Know
Foreign investors contemplating new business undertakings in Thailand should carefully consider the Thai Foreign Business Act B.E. 2542 (FBA) before setting up operations in the country.
— Asean Briefing

Measures being taken to cope with oversupply of pineapple in Chiang Rai
Both short-term and long-term actions will be taken to solve the problem of oversupply of pineapple in the northern provinces of Chiang Rai, according to governor Narongsak Osotthanakkorn.
— Thai PBS

Genius Academy 2018 gets Thai SMEs ready for Global Market
Thailand plans to develop value-added SMEs to drive its economy. The Department of Industrial Promotion, the corresponding authority, has been working hard to train Thailand’s brightest entrepreneurs to be ready for the global market. Our correspondent has more details.
— News Today (video)

Thai PTT to buy Engie’s Glow in power deal that could be worth more than $4 billion
Thai energy giant PTT Pcl (PTT.BK) said it will buy domestic power firm Glow Energy Pcl (GLOW.BK), controlled by French giant Engie SA (ENGIE.PA), in a deal that could be worth more than $4 billion as it seeks to play a bigger role in supplying power to the country’s industrial heartlands.
— Reuters

Heritage trails tourism cross-border rally showcases gems of Myanmar & Thailand
The Tourism Authority of Thailand (TAT) and Myanmar Tourism Marketing (MTM) are proudly organising an overland, cross-border travel rally that includes five days of touring and unique border crossings into Thailand.
— TAT News

 

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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