Thailand morning news for October 25

Thailand morning news for October 25

Thailand morning newsCancer research breakthrough
CHULALONGKORN University’s research team has reached the first milestone in developing an affordable biologic drug but needs Bt1.33 billion in funding to pursue the remaining phases of the study.
— The Nation

Optimism for rice export forecast maintained
Despite September’s export slump, the government remains upbeat about achieving 11 million tonnes of milled rice exports this year on high demand.
— Bangkok Post

IPOs Amid a Global Rout: Thailand Bags $2 Billion in October
Investors are snapping up first-time share sales in Thailand despite the rout in global equity markets.
— Bloomberg (paywall)

Somkid orders price hike curbs
The Commerce Ministry is being ordered to take more effective measures to combat unreasonable consumer product price hikes, while continuing to boost the grassroots economy.
— Bangkok Post

Prayut, Mahathir agree to move forward together on southern insurgency
Prime Minister Prayut Chan-o-cha on Wednesday assured his visiting Malaysian counterpart Mahathir Mohamad that the peace dialogue in the deep South will continue and that Malaysia will continue playing the role of facilitator.
— The Nation

PPRP member paves way to new era
Reluctant at first to join politics, businesswoman Thanikan “Oum” Pornpongsaroj is ready to step down from the helm of her family business to enter uncharted territory by becoming the face and voice of of the younger generation under the banner of the Palang Pracharath Party (PPRP).
— Bangkok Post

Probe into major blackout at Suvarnabhumi airport
An investigation is being conducted into a major blackout at Suvarnabhumi airport that lasted about 10 minutes on Tuesday morning affecting passenger check-in, baggage carousel, computer, immigration check, lift and escalator systems.
— Thai PBS World

Dissolution jitters grow in Pheu Thai
Pheu Thai members believe the chances of the party being dissolved will become much greater if eight core members accused of defying the regime’s political gathering ban are indicted next month.
— Bangkok Post

Nakhon Ratchasima residents voice concerns over planned railway
A public forum in Nakhon Ratchasima province has revealed that most stakeholders are in favor of building a dual track railway through the city center. However, some residents have called for parts of the track to be elevated, in order to reduce the need for land expropriation.
— NNT

HM the King holds royal merit making ceremony on King Chulalongkorn Memorial Day
His Majesty King Maha Vajiralongkorn engaged in a royal merit making ceremony yesterday (October 23) in observance of King Chulalongkorn Memorial Day.
— News Today (video)

Potential clash of election, university tests alarms educators
The National Institute of Education Testing Service (Niets) has vowed to hold talks with agencies to find a way out if the general election is declared for Feb 24 next year, which coincides with tthe date on which university entrance examinations are held.
— Bangkok Post

Malaysian PM in Bangkok for official visit
Malaysian Prime Minister Dr. Mahathir Mohamad is to arrive in the Kingdom today (October 24) for an official visit as a guest of the Thai government and is to discuss Thai-Malaysian relations in detail.
— News Today (video)

SET index leads Southeast Asia stock slide
Most Southeast Asian stock markets extended their decline on Wednesday, with Thai shares plunging to a three-month low as they played catch-up with regional peers after a holiday and as the energy sector took a hit from a slump in oil prices.
— Bangkok Post

Tourism officials looking to revive Chinese visits to Thailand
The government is to issue a tourism handbook for October aimed at reviving Chinese tourism to the Kingdom after seeing a drop off in recent months.
— NNT

Apisak securing draft law for business ease
Even as the general election nears, Prime Minister Prayut Chan-o-cha is pushing the Finance Ministry to complete a new draft Secured Transactions Act to facilitate business operations and raise the country’s ranking in the World Bank’s Ease of Doing Business list.
— Bangkok Post

Minister says waste problem at tourist sites is taken seriously
Following international coverage of waste buildup on Koh Samui, the government has promised prioritization of garbage management nationwide and has scheduled a meeting on the issue next week.
— NNT

New hybrid ministry approved
The cabinet on Wednesday approved the establishment of the Higher Education, Research & Development Ministry, which merges the existing Science and Technology Ministry, Office of the Higher Education Commission, the National Research Council of Thailand, and the Thailand Research Fund.
— Bangkok Post

Police probing mysterious deaths of two migrants in custody
Authorities are investigating the mysterious deaths of two illegal migrants, one Cambodian and one Vietnamese, while being detained at the Suan Phlu detention facility of the Immigration Bureau in Bangkok.
— Thai PBS World

Dell Thailand recognised as one of most powerful brands in Thailand
Noppadol Punyatipat, Country Manager (right), Dell Corporation (Thailand) Co., Ltd received “The Most Powerful Brand of Thailand 2018” award in the Computer category for Laptops and Notebooks from Sakon Varanyuwatana, Vice Minister for Commerce (left) at The Most Powerful Brands of Thailand 2018 Awards recently, organized by the Chulalongkorn Business School.
— The Nation (annoying popups)

Condo supply carrying on amid BoT limits
Despite an expected decrease in the loan-to-value (LTV) ratio of mortgages, new condo supply in Bangkok in the fourth quarter will continue as planned.
— Bangkok Post

GSB working with Thailand Post to offer banking agent services
The Government Savings Bank (GSB) is planning to offer banking agent services through Thailand Post Company Limited, hoping to be able to accommodate more financial transactions.
— News Today (video)

SCG trims investment outlays as trade war dampens mood
SIAM Cement Group (SCG) has reduced its investment budget for the rest of this year and next year in the face of the global economic uncertainty arising from the trade war between China and the United States, the group’s president and chief executive officer Roongrote Rangsiyopash said.
— The Nation

13 sentenced for dormitory murder of university student
The Criminal Court on Wednesday handed down prison terms ranging from 10 years to life for 13 people involved in the screwdriver-murder of an innocent student in Cha-am district of Phetchaburi early last year.
— Bangkok Post (annoying pops)

Thailand to become regional bio-industry hub
The Ministry of Industry is to go ahead with its plan to support bio-industry after Cabinet gave the nod to a draft law on sugar cane and sugar that allows sugar cane to be used for the production of other products.
— NNT

Victims’ kin in uproar as boats vanish
Families of those killed in the 2004 tsunami are demanding the transfer of a chief cultural official following the removal of two fishing boats from an outdoor museum in memory of the tragedy in Takua Pa district.
— Bangkok Post

Political parties busy with preparation for general election
Several political parties have been busy with the preparation for the general election.
— News Today (video)

Condo supply carrying on amid BoT limits
Despite an expected decrease in the loan-to-value (LTV) ratio of mortgages, new condo supply in Bangkok in the fourth quarter will continue as planned.
— Bangkok Post

HIMA aims to shield region from industrial cyberattacks
HIMA, the world’s leading provider of smart safety solutions for industrial applications, sees Asean as its fastest growing market, driven by a serious concern over cybersecurity issues among governments and regulators in the region.
— The Nation

Thai fish sauce import ban by U.S. only effective to one brand: Commerce Ministry
The Ministry of Commerce has assured that the United States has merely banned the import of a certain brand of fish sauce from Thailand due to lack of documentation during a random inspection into a single product shipment while other brands of the same category have not been affected.
— NNT

Bangkok Bank fired embezzling employee, vows to return THB1.77 million she stole from customers
Bangkok Bank yesterday fired a female employee who allegedly stole a combined THB1.77 million (about US$53,000) from three customers in Uttaradit province and pledged to reimburse victims for their losses.
— Coconuts Bangkok (paywall)

Corn farming promotion campaign for rice farmers launched
The cabinet approved measures to promote the farming of corn by rice farmers after rice harvest season.
— NNT

Miss Universe Drops Thai Licensee 2 Months Before Pageant
The fate of this year’s Miss Universe pageant, set for December in Bangkok, was briefly in doubt after its domestic financier was forced to pull out.
— Khaosod English

Rama V honoured with formal ceremony
Leading local officials and members of the public turned out at a mass ceremony at Phuket Provincial Hall last night (Oct 23) to honour King Chulalongkorn (Rama V) Memorial Day.
— The Phuket News

DJ ‘too ill’ to report to hear animal cruelty charges
A woman DJ called in to hear police charges of animal cruelty in the death of a kitten failed to show up on Wednesday, citing illness, and will be summonsed again to report on Oct 29.
— Bangkok Post

Raimon Land reaches for the sky with TAIT12 Condominium
With its unique design, enviable location and supreme-quality features and amenities, TAIT12 is destined to become a shining star of Bangkok’s CBD skyline.
— Bangkok Post

Road Hogs: Wild Elephant Family Frolics on Khao Yai Street (Video)
Growing herds of wild elephants have been thundering down the road more frequently in Khao Yai National Park, and officials want visitors to take some precautions if they encounter one.
— Khaosod English

Winter is Here (Kinda): Thailand to officially enter cool season on Saturday
No more overbearing heat and sweaty upper lips — it’s time to bundle up, prepare a store of firewood, and ready hearth and home for that annual visit from ol’ St. Nick. Yes, it’s officially “winter” in Thailand on Saturday.
— Coconuts Bangkok

 

Feature photo John Le Fevre

This week’s Thailand morning news feature photo acknowledges World Development Information Day October 24.

 

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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