Thailand morning news for September 4

Thailand morning news for September 4

Thailand morning newsTemporary Crisis Center orders all provinces prepare for flooding
Thailand’s Temporary Crisis Center has ordered all provinces to prepare appropriate plans as more rains are forecast to hit the north, northeast, east and south between today and September 8.
— NNT

Rising inflation fuels pressure for interest rate hike
Rising food and energy costs boosted inflation to 1.6% in August, the highest in almost four years, adding to the case for the Bank of Thailand to deliver its first rate hike since 2011.
— Bangkok Post

Ministry ‘firm’ on proposed SSF hikes
The Labour Ministry has stood firm on its plan to lift the monthly contribution ceiling to the Social Security Fund (SSF) from 750 baht to a maximum of 1,000 baht a month.
— Bangkok Post

Thailand Emerges as Leading Blockchain Economy
Thailand is setting itself apart from other nations when it comes to blockchain and cryptocurrency. The South Asian nation is on track to have one of the world’s first Central Bank Digital Currencies (CBDC), and has already legalized the use of major cryptos within Thai borders. Many nations are supporting blockchain development, but Thailand is a relative rarity in their openness to cryptocurrency.
— Blockonomi

Interest rate hikes in store for Thailand, Indonesia
The outlook for interest rates in South-east Asia’s two biggest economies is upward even after mixed inflation data yesterday.
— The Straits Times

UN climate talks ‘flawed’, could sabotage efforts
Activists say inequality is built into negotiation system, smaller countries being drowned out
— The Nation

Thailand Cold Chain Logistics Market is Expected to Reach THB 295 Billion by 2022: Ken Research
Thailand’s government vision in making Thailand “Kitchen of the World” has led to significant investment in the development of complete supply chain for food logistics.
— Markets Insider

Techsauce: Startups move to deeper waters
Thailand’s startup industry is moving forward to deep technology, where more advanced technologies and innovations are applied, says media content provider Techsauce.
— Bangkok Post (annoying popups)

Economic outlook upbeat but guarded
The global economic outlook will improve in the second half of 2018, but risks lie ahead in the state of the US dollar and a rapid rise in household debt in Thailand and elsewhere in Asia, a Credit Suisse executive says.
— The Nation

Crackdown on tattoo shops after death of four women
BANGKOK governor Pol General Aswin Kwanmuang has instructed officials and related agencies to inspect tattoo shops at markets, following the shocking report that four female friends recently died of AIDS-related illnesses after having tattoos together at Klong Lot market near the Grand Palace in March.
— The Nation (annoying popups)

Serious flood warning along major rivers
PEOPLE LIVING on the banks of major rivers in Thailand have been warned they face a serious risk of flooding.
— The Nation (annoying popups)

Labor Minister confident in Thai students competing in 12th World Skills ASEAN
The Minister of Labor has voiced confidence Thai laborers will be elevated in accordance with both the nation’s and ASEAN’s needs, remarking that the coming World Skills competition will showcase the capabilities of Thai youths.
— News Today (video)

Rice Policy and Management Committee approves organic paddy exports to Europe
The National Rice Policy and Management Committee has approved the export of five billion tons of organic paddy to Europe.
— NNT

NGOs decry vulture decline in Cambodia
Vultures in the Kingdom are facing an increasingly high risk of extinction as the birds have shown a 50 per cent decline in numbers since the late 2000s, a joint announcement from environmental organisations said on Saturday, quoting a report.
— The Nation

Customs Office in Sa Kaeo confiscates 49 million baht worth of counterfeit products
The Customs Office in Aranyaprathet District of Sa Kaeo Province has handed over 170,000 items of IP infringed products to the Department of Intellectual Property.
— News Today (video)

Rush to redraw constituencies
The Election Commission (EC) has until mid-November to redraw constituencies as enacted by the new constitution and dictated by the population growth, according to deputy secretary-general Nat Laoseesawakul.
— Bangkok Post

Thailand AML Watchdog Plans to Seize Bitcoin from Criminal Proceeds
Thailand’s anti-money laundering agency is considering sealing a loophole that has seen cybercriminals face every other consequence for their actions except have their digital assets confiscated.
— CCN

Climate push comes to Bangkok
Though Thailand has made impressive progress on reducing greenhouse gas (GHG) emissions, it still faces many challenges and the large implementation gap on the global scale remains to be solved.
— The Nation

Bio Investment Asia 2018 to take place within Thailand International Lab 2018
Thailand Center of Excellence for Life Sciences (TCELS) is preparing to hold a biology convention to serve as a forum for the exchange of knowledge and research in the industry.
— NNT

Ministry plans to cover 1m more informal-sector workers for social security
THE LABOUR Ministry hopes to cover an additional one million informal-sector workers as voluntarily-insured people for social security payments starting in 2019.
— The Nation (annoying popups)

Merge small schools, urges World Bank
THE WORLD BANK is urging Thailand to sharply cut the number of its small schools so as to improve budget efficiency and solve the problem of teacher shortage.
— The Nation

CP courts train candidates for consortium
Thailand’s agricultural conglomerate Charoen Pokphand Group (CP) is exploring the key global players in railway operations to be potential partners on the 200-billion-baht high-speed train project linking three airports, which is scheduled to open for bid submissions in November.
— Bangkok Post (annoying popups)

Prawit oversees destruction of Bt1.3bn in counterfeit goods
The Army destroyed more than two million confiscated counterfeit items worth a combined Bt1.3 billion in a ceremony at a base in Bangkok’s Don Mueang district on Monday.
— The Nation

Chatachuck night market to close on September 12
THE POPULAR Chatachuk night market will officially come to an end on September 12, after seven years of operations, as vendors have been told to remove their items by Bangkok Metropolitan Administration (BMA).
— The Nation

DTAC expiry hangs over NBTC
Over 1 million mobile customers using Total Access Communication’s (DTAC) 850-megahertz spectrum network will be disconnected from mobile service after Sept 15, as the board of the telecom regulator will likely cut off the mobile network service after the concession expires.
— Bangkok Post

Thailand AML Watchdog Plans to Seize Bitcoin from Criminal Proceeds
Thailand’s anti-money laundering agency is considering sealing a loophole that has seen cybercriminals face every other consequence for their actions except have their digital assets confiscated.
— The Nation

Hundreds stranded as Purple Line train service disrupted during evening rush hours
Several hundreds of mostly office workers were stranded at Taopoon train station of the Purple Line train this evening after its service was temporarily suspended due to technical problems.
— Thai PBS

Army bases to leave capital to ease traffic
Army bases on crowded Chaeng Watthana, Samsen, Thahan, Amnuai Songkhram and Phahon Yothin roads will be relocated out of Bangkok to ease traffic congestion, a source close to the military said Monday.
— Bangkok Post

Growing interest from China in Thailand’s EEC
There has been a steady stream of Chinese delegations coming to Thailand to look at business opportunities, particularly in the Eastern Economic Corridor (EEC).
— The Nation

Phuket shows strong at PropertyGuru Thailand Property Awards
Thailand’s finest developers dazzled at the 13th annual PropertyGuru Thailand Property Awards 2018 held on Friday evening (Aug 31) at The Athenee Hotel, a Luxury Collection hotel, Bangkok.
— The Phuket News

SCG wary of 2020s as digital upheaval continues
Siam Cement Group (SCG) is one of Thailand’s oldest companies. Established in 1913 following a royal decree from King Vajiravudh to produce cement locally, it was the main building material for infrastructure projects in a bid to substitute import materials.
— Bangkok Post

Heavy weather warning for Phuket
The Phuket branch of the Thai Meteorological Department (TMD) has issued a heavy weather warning for Phuket and along the Andaman coast from today (Sept 3) through Wednesday (Sept 5), with heavy downpours and waves of two to three metres tall reaching up to four metres in height in thunderstorm areas.
— The Phuket News

Thailand, Europe forge sense of unity
Thailand and European countries are reaching out more to each other in seeking cooperation after the upgrade in Thai-EU relations which allows high-level political contact to resume among the countries.
— Bangkok Post

SET ends largely unchanged, other SE Asian markets fall
The Stock Exchange of Thailand closed almost unchanged, while other markets in the region also declined on Monday, due to concerns about an escalation in the US-China tariff dispute.
— Bangkok Post

300 more homes flooded in Nakhon Phanom
Flooding is becoming more extensive in this northeastern province with the most recent victims being about 300 households in tambon Hadpaeng of Si Songkham district, inundated after the Songkham River broke its banks.
— Bangkok Post

Chinese investors making good in Chiang Mai
THE CHARM and beauty of Chiang Mai, the capital of northern Thailand, has made the province not only a must-see destination but also a golden nest for foreign investors – especially Chinese seeking business opportunities.
— The Nation

PM suggests gathering fleet of specialists to produce skilled labors
The Prime Minister has urged the Ministry of Education and related agencies to gather a fleet of vocational instructors, in a bid to produce human resources that match the needs of the market.
— News Today (video)

 

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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