Thailand Morning News For May 29

Thailand Morning News For May 29

Thailand morning newsThailand Eases Barriers to Foreign Workers, But Ratio Cap Remains
In response to increasing demands from foreign and domestic business owners over a shortage of suitable labour the Thailand government is set to reduce the number of occupations prohibited to foreign workers.
— AEC News Today

EEC needs 30,000 workers
The Ministry of Labour will meet with cabinet members and present a strategy to produce more skilled labourers to match demand from the Eastern Economic Corridor (EEC) within two months after a survey found that almost 30,000 qualified workers are still required in the special economic zone.
— Bangkok Post

Nong Khai, Thailand Man Hailed a Hero For Saving Young German Boy (HD video)
A Nong Khai, Thailand man is being hailed a hero after leaping three metres (about 10ft) into green, murky water to save a young German boy who had fallen off a pier.
— AEC News Today

Jittery junta issues threat over plan to scrap charter
JUNTA leaders yesterday warned the Future Forward Party to think twice about its plan to scrap the 2017 Constitution and said there would be consequences if it disobeyed the law.
— The Nation (annoying popup autoplay videos)

Thailand May inflation to slow; April factory output seen picking up
Thailand’s annual headline inflation rate may have slowed in May and would probably come in below the central bank’s target range while April factory output probably rose at a faster pace, a Reuters poll showed.
— Today

PM: citizens should adapt to Thailand’s 5% economic growth
Thailand’s Prime Minister has suggested that Thai citizens adjust to the nation’s five percent economic growth rate and has instructed all related units to assist people in catching up with the world’s new technologies.
— NNT

Purging the Thai Sangha
The early morning of 24 May 2018 was the morning of long knives for the Thai Sangha.
— New Mandala

Thailand considers express visa issuance to lure foreign business
BANGKOK — The Thai government is planning to amend its foreign business law to boost inbound investment, as it tries to stimulate economic growth to catch up with its neighbors.
— Nikkei Asian Revew (paywall)

China: Boom in exports of Thailand’s durians
According to the Thai World Daily, the Trade Policy and Strategy Office of Thai commerce ministry unveiled its statistics lately: the export value of Thailand’s products exported to China in April has already reached 18.94 billion dollars, leaping 12.34 percent on those of last year
— Fresh Plaza

PTT, nine banks ink MoU for cooperation in technology and innovation
PTT and nine commercial banks on Monday signed a “Cooperation in Technology and Innovation” memorandum of understanding to jointly develop financial innovation that will enhance transaction flexibility, thus moving the country towards “Thailand 4.0”.
— The Nation

PM Prayut to decide on calls for removal of national police chief
The Prime Minister has responded to calls for the removal of the national police chief for what many consider to have been excessive use of force in the arrest of a former activist Buddhist monk.
— NNT

BoT expects profit for 2018
The Bank of Thailand expects its interest income will outpace that paid out this year following global interest rate hikes, making its performance from interest spread swing back to profit for the first time in several years.
— Bangkok Post

Landlords petition PM to kill off the new tenant protection laws
Business operators are urging PM Prayut Chan-o-cha to cancel a Consumer Protection Board measure implemented at the start of May1 to protect customers from being overcharged on utility fees by hostels, apartments or rented rooms in residential buildings.
— The Thaiger/ The Nation

Three new border gates on the way
Cambodia and Thailand have agreed to open three new border checkpoints to facilitate trade and the movement of people across the border, according to Thailand’s ambassador to Cambodia.
— Khmer Times

Yingluck granted 10-year UK visa, says BBC Thai website
The United Kingdom is reported to have granted a ten-year visa to former Thailand prime minister Yingluck Shinawatra, who has been ruled in absentia to a five-year prison term back home for her role in her government’s rice-pledging scandal.
— The Nation

PM explains apology following arrest of Phra Buddha Issara
The Prime Minister has publicly apologized for excessive police force in the apprehension of Phra Buddha Issara but has assured the community he has no personal relationship with the monk and urged detractors to stop distorting facts.
— NNT

Why Indian manufacturing startups are looking closely at Thailand
Ease of doing business, tax exemptions, and easy access to Southeast Asian markets – Thailand is making it easier for startups, especially in the manufacturing sector.
— YourStory

Airports of Thailand to invest $3.9 bln in new airports, handle more passengers
Airports of Thailand PCL , a major beneficiary of the country’s tourism boom, is adding new airports to its portfolio to ease demand, President Nitinai Sirismatthakarn told Reuters on Monday.
— Reuters

Expanding space for co-working
The market for co-working space in Thailand is growing quickly, estimated to increase by 25% this year, driven by both local and international players.
— Bangkok Post

BIDDERS CLEAR EARLY HURDLES FOR GAS FIELDS
Five bidders have won pre-qualifications for the Erawan gas field, while four secured pre-qualifications for the Bongkot field, according to the Department of Mineral Fuels.
— The Nation

Govt to open new round of state welfare registration
The Cabinet meeting on Monday approved the Ministry of Finance’s proposal to open a new round of registration for state welfare for the disabled, senior citizens, bedridden patients and other eligible people who have not yet registered.
— NNT

Thailand debuts elephant-friendly tourism
Happy Elephant Care Valley, in Chiang Mai, Thailand is about to embark on a landmark agreement to transition to become a truly elephant-friendly venue.
— TravelWeekly

INFOFISH holds TUNA 2018
NFOFISH is organizing the 15th World Tuna Trade Conference and Exhibition (TUNA 2018) from May 28th – 30th under the theme of “Braving Challenges: Towards a Traceable and Sustainable Tuna Industry”.
— NNT

Rehab plans for state agencies backed
THE TRANSPORT Ministry has voiced its support for the rehabilitation plans for Thai Airways International Plc (THAI), the State Railway of Thailand (SRT) and Bangkok Mass Transit Authority (BMTA).
— The Nation

Region leads growth in flexible offices
DEMAND for flexible offices – including co-working spaces and serviced offices – is growing faster in Asia Pacific than anywhere else in the world, according to new research by real estate consultant JLL.
— The Nation

Internet, TV touted as ad kings
TV and internet are still the major sources of advertising in Thailand, says Media Intelligence.
— Bangkok Post

Ministry of Industry to inspect factories with licenses to import hazardous substances
The Department of Industrial Works, under the administration of the Ministry of Industry, will inspect seven factories that hold licenses to import hazardous substances on suspicion of violating the Hazardous Substance Act and the Basel Convention, after authorities found several recycling factories illegally importing and processing electronic waste.
— NNT

Property report tips Phuket property boom
According to Knight Frank Thailand’s research, the Phuket condo market is expected to perform better in line with the brighter economic situation and the growing population of the island.
— The Thaiger

Travel industry needs new mindset, approach to zero in on millennials
MILLENNIALS represent more than 45 per cent of Asia Pacific’s population, and with 60 per cent of the world’s millennials expected to live in Asia by 2020, according to the latest survey by Amadeus.
— The Nation

Drugged’ Thai student rescued from clutches of Poi Pet casino loan-sharks
A 20-YEAR-OLD Thai student has been rescued from a group alleged to have lured her to gamble at a casino in the Cambodian border town of Poi Pet early this month before detaining her over a high-interest gambling debt.
— The Nation

 

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 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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