Thailand morning news for October 31

Thailand morning news for October 31

Thailand morning newsBOT expected to hike key interest rate
STANDARD Chartered Bank (Thailand) expects the Bank of Thailand (BOT) to start monetary policy normalisation and increase the interest rate by 25 basis points (bps) , from 1.50 per cent to 1.75 per cent, in November.
— The Nation (annoying popups)

Thai Sept factory output falls 2.6%, first decline in 17 months
Thailand’s manufacturing production index (MPI) in September contracted for the first time in 17 months, down 2.6 per cent from a year earlier, led by lower production of cars and rubber, the Industry Ministry said on Tuesday.
— Business Times

4 EEC projects worth B470bn get nod
Chiang Rai: The cabinet has endorsed four infrastructure investment projects worth a combined 470 billion baht under the government’s flagship Eastern Economic Corridor (EEC) scheme.
— Bangkok Post (annoying popups)

Cops, PM renew tizzy over rap song
Deputy national police chief Srivara Ransibrahmanakul has lodged a police complaint against the administrators of four Facebook pages, which he said defamed him in relation to an investigation into the controversial rap song Prathet Ku Mee (What My Country’s Got
— Bangkok Post (annoying popups)

44 assemblymen support bill to decriminalize marijuana for medical purpose
A total of 44 members of the National Legislative Assembly have signed in support of a draft bill to decriminalize marijuana for medical purpose by deleting marijuana from Category 5 List of narcotic drugs, said Mr Somchai Sawaengkarn, secretary of the NLA’s extraordinary committee on parliamentary affairs or ”whips”.
— Thai PBS World

Three Vietnamese fishing boats seized, 14 crew arrested in Gulf of Thailand
A Royal Thai Navy patrol boat has seized three Vietnamese fishing vessels and arrested 14 crew members for illegally raking the seabed for sea cucumbers in the Gulf of Thailand.
— The Nation

Hopes in major Phoenix salvage move fall short
Hopes that the operation to recover the sunken ‘Phoenix’ tour boat would see the wreck moved to the halfway point from where it can be floated to the surface fell short today (Oct 30) as the salvage team managed to move the boat only 40 metres.
The Phuket News

Huge meth bust in Chiang Rai
The operation was carried out by a combined force of military rangers, soldiers, officers from the Mekong Riverine Unit of the navy and local administrative officials at about 1.30am following a report that a major drug smuggling operation was being planned in this Thai-Lao border area.
— Bangkok Post

PM urges Thais to be critical of social media content
The Prime Minister has implored the Thai people to exercise their discretion when consuming information on social media so as not to become anyone’s political tool.
— News Today (video)

DLT says no change to taxi fares as studies continue
The Department of Land Transport (DLT) has clarified that it is still reviewing the results of a study conducted by the Thailand Development Research Institute (TDRI) into proper taxi service pricing and will not adjust fares at this time.
— NNT

Prayut says ban on political activity to be lifted by December
CHIANG RAI: Prime Minister Prayut Chan-o-cha said on Tuesday a ban on political activity will be lifted by December in anticipation of a general election next year.
— Bangkok Post

Ministers follow up on state works in the north ahead of Cabinet retreat
Cabinet ministers followed up on the Pracharat Internet program and welfare card scheme in the northern region in preparation for today’s (October 30) Cabinet retreat.
— NNT

Cabinet okays Bt31-bn for six water projects
THE CABINET has approved a Bt31-billion budget for six water-related projects that will be implemented over the next six years.
— The Nation (annoying popups)

Leicester owner’s death comes as Thai duty-free monopoly is about to end
Thailand’s King Power International Group, the country’s largest duty-free retailer, may find itself facing a challenge to win the upcoming new auction to operate duty-free shops in cities and at airports in Thailand as its exclusive contract expires in 2020.
— Investine

Teachers may need bosses to OK loans
Teachers and educational personnel may soon be required to seek prior approval from their superiors in order to borrow money from state-owned banks and cooperatives, according to the Office of the Teacher Civil Service and Educational Personnel Commission (Otep).
— Bangkok Post (annoying popups)

Thailand Board of Investment’s Incentive Schemes Set to Support Infrastructure Development for EEC
To drive concrete development of the Eastern Economic Corridor (EEC), Thailand’s Board of Investment (BOI) has recently approved investment incentive scheme for the bidding winners of U-Tapao Airport’s Passenger Terminal 3 and Digital Park Thailand (EECd) development projects, two among six major development projects in EEC.
— AEC News Today/PR Newswire (media release)

Know more about the draft that will transform Thailand into an Orwellian state
The draft cyber security law has raised the concerns of netizens that the state will have more power to seize data from the private sector and individuals. Some fear the law, which still has no clear limits, will be used on a daily basis.
— Prachatai English

THAI again under fire after Guangzhou flight cancelled
Criticised for its treatment of passengers in Zurich early this month, Thai Airways is again on the defensive after passengers were stranded in Guangzhou on Sunday.
— Bangkok Post

Land titles for certain plots being revoked, says minister
NATURAL Resources and Environment Minister General Surasak Karnjanarat told reporters yesterday that the Land Department was in the process of revoking the land-rights documents for privately owned plots in Phetchabun that are encroaching on forestland.
— The Nation (annoying popups)

Fewer Dazzled by Suthep’s Megawatt Grin on Streets of Bangkok
The leader of a protest movement that helped “shut down” Bangkok and usher in the 2014 coup returned to the streets again Tuesday to enlist new members for his new political party.
— Khaosod English

BAY doubles capacity for mobile banking transactions
Bank of Ayudhya (BAY), the country’s fifth-largest commercial bank by assets, has doubled its mobile banking transaction capacity to keep pace with booming online volume and to comply with Thai Bankers’Association (TBA) measures to prevent a future system crash.
— Bangkok Post

Asia airports present investment opportunities: DBS
Airports of Thailand and Malaysia Airports Holdings are two airport plays for which DBS analysts have a ‘buy’ rating, alongside Beijing Capital International Airport.
— Business Times

Phuket waste woes grow, landfill nearly full
Four of the five landfill sites at the incinerator complex at Saphan Hin are already full. The fifth – and last – remaining site is nearly also full, Phuket City Mayor Somjai Suwansupana has revealed.
— The Phuket News

SEC issues warning on renegade ICOs
The Securities and Exchange Commission (SEC) has warned the public about investing in nine digital tokens and initial coin offerings (ICOs) that have not been authorised by the market regulator.
— Bangkok Post

Thai Union Group, Chicken of the Sea® and Monterey Bay Aquarium Launch SeaChange® IGNITE
Thai Union Group PCL, Chicken of the Sea® brand and Monterey Bay Aquarium announced the launch of SeaChange® IGNITE, a collaboration to advance new sustainability initiatives and improvements throughout the supply chain and further contribute to Thai Union’s SeaChange® sustainability strategy.
— AEC News Today/PR Newswire (media release)

Teerakiat to finalise new exam dates
The Education Ministry plans to bring forward the examination dates for the General Aptitude Test (GAT) and the Professional and Academic Aptitude Test (PAT), which will be taken by 450,000 student voters, by a week to ensure they will be able to exercise their right to vote without having to worry about a potential clash of dates with the general election.
— Bangkok Post (annoying popups)

Eye hospital launches Bt120m fund-raising appeal
A 15-YEAR-OLD girl had never seen anything until she received surgery at the Banphaeo Hospital, which is now calling for donations in the hope its services can cover more patients.
— The Nation (annoying popups)

NokScoot launches Kansai service
NokScoot’s introduced its first flight to Kansai, Osaka, Sunday, from its Bangkok’s Don Mueang International Airport home-base.
— TTR Weekly

Premium brand PRUKSA is proud to present ‘The Reserve – 61 Hideaway’
“Unveiling the experience of making the most luxury hideaway living in Bangkok’s prestigious location amidst Thonglor-Ekkamai.”
— Bangkok Post

Iconsiam allots B1bn for opening festivities
Iconsiam Co is splashing out a record 1 billion baht to promote its first luxury mall in the Thon Buri area, aiming to create a new shopping district.
— Bangkok Post (annoying popups)

 

 

 

 

Feature photo Robert Amsterdam

This week’s Thailand morning news feature photo acknowledges International Day to end Impunity for Crimes against Journalists, November 2.

 

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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