Thailand morning news for September 26

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Thailand morning news for September 26

Thailand morning news

Central bank cuts growth projection to 2.8 percent but retains policy rate at 1.5 percent
The Bank of Thailand has slashed the country’s economic growth projection for this year to 2.8% from 3.3% and the projection for next year from 3.7 % to 3.3%.
— Thai PBS News

Chevron says no arbitration for now over Thai energy dispute
U.S. energy major Chevron Corp (CVX.N) has decided to continue negotiations with Thailand rather than seek arbitration to resolve a dispute over who should pay the bill for removing offshore oil and gas platforms, the company told Reuters on Wednesday.
— Reuters

House panel agrees 3 herbicides must be banned immediately
The House Committee to Explore Ways to Control Farm Chemicals has agreed to ban three herbicides, namely paraquat, glyphosate, and chlorpyrifos, with immediate effect.
— Thai PBS News

Tourists to Thailand will be required to have a valid licence to ride a motorbike under new order
Thailand’s dynamic Transport Minister Saksayam Chidchob has taken on the challenge of tackling the county’s huge problem with motorbike deaths on the roads. One overdue decision that is being reported is a new requirement that all tourists visiting the kingdom must provide a valid motorbike driving licence before hiring a motorbike to drive on the roads.
— Thai Examiner

Apirat says B12bn of US arms ‘a necessity’
Army chief Gen Apirat Kongsompong on Wednesday defended a plan to procure eight helicopters and related equipment worth about 12 billion baht from the US, insisting the proposed purchase was above board.
— Bangkok Post

Board approves THAI boss’ performance, defers new aircraft plan
The Thai Airways International board has given the nod to president Sumeth Damrongchaitham’s performance, but has directed the airline to review a plan to add new aircraft to the fleet for another six months.
— Bangkok Post

Scrutinising Thailand’s 2019 annual military reshuffle
When Gen. Prayuth Chan-ocha, retired from the army, became civilian prime minister in July 2019, one could have argued that his influence across the armed forces was assured for years to come. Thailand’s 5 September 2019 announcement of the 1 October armed forces reshuffle demonstrates that such an assumption is not well founded.
— New Mandala

Palang Pracharath sticks by Krungsrivilai
The Palang Pracharath Party (PPRP) is likely to field former actor Krungsrivilai Suthinphuak in a potential by-election despite the Election Commission (EC) having issued him with a yellow-card for attempted vote-buying.
— Bangkok Post

Inquiry into fatal crash of rainmaking plane
A full investigation is under way into the crash of a small plane owned by the Department of Royal Rainmaking and Agricultural Aviation while preparations are being made for retrieval of the wreckage.
— Bangkok Post

Company registrations up 1% in first 8 months of 2019
The trade war between China and the United States has caused a worldwide economic slowdown. It has also decreased the number of registered new businesses. Even so, the average number of new business registrations grew in the first eight months.

Border trade contracts 0.07%
Trade growth in Thailand’s border areas has slowed down due to the struggling global economy and the ongoing trade war between China and the United States of America. In the first eight months of this year, Thailand’s border trade was valued at 915 billion baht, up by only 0.07%.

Chinese tourists are heading back to Thailand at last
The number of Chinese tourists visiting Thailand topped one million in August for the first time in six months, brightening an otherwise dim outlook for the nation’s economy.
— The Star

Land of teenage tears – tackling Thailand’s youth depression and suicide
Thailand had the highest suicide rates in ASEAN, according to a recent study conducted by the World Health Organisation.
— The Thaiger

Pot in every garden: Thailand takes steps to expand cannabis industry
Thailand has inaugurated what is being billed as the biggest industrial-scale medical marijuana facility in Southeast Asia with 12,000 plants, and will soon allow anyone to grow six cannabis plants “in their back gardens like any other herb.”
— The Washington Times

Male model in Thailand accused of taking unconscious woman home, leaving her dead body
Police in Thailand on Wednesday arrested a male model accused of taking an unconscious woman home, boasting online about his sexual exploits, and leaving her lifeless body in the lobby of his building.
— NBC News

Wissanu: Nawat no longer MP after conviction for murder
Pheu Thai Party MP for Khon Kaen Nawat Tohcharoensuk lost his seat immediately he was convicted and sentenced to death for murder, Deputy Prime Minister Wissanu Krea-ngam said on Wednesday.
— Bangkok Post

Minister pledges to sort out Thailand’s export procedures in wake of New Zealand drugs bust
Following the seizure in New Zealand last month of shipping containers from Thailand packed with drugs, Deputy Transport Minister Athirat Rattanaset says the country must improve its maritime export procedures.
— The Thaiger

Ministry preps ride-sharing bill
The Transport Ministry is preparing a draft law to enable private car drivers to serve passengers through ride-sharing apps, despite fierce protest from conventional taxis.
— Bangkok Post

Bin says he’ll dump donation campaign
Actor and volunteer rescue worker Bin Bunluerit has announced he will wind down the public donation campaign he launched to help flood victims at the end of the month.
— Bangkok Post

$18.4B worth of homes on sale in Thailand’s EEC
Property firms have built 561.21 billion baht ($18.4 billion) worth of residences in the area of Thailand’s fast-developing Eastern Economic Corridor (EEC) spanning Rayong, Chonburi and Chachoengsao provinces, where half a million more people are expected to settle this year through 2023.
— The Phnom Penh Post

Thailand to open anti-fake news centre by Nov 1 to address rumours on social media platforms
Thailand will open its first fake news centre by Nov 1 to combat unverified news circulating on social media platforms, said Minister of Digital Economy and Society Buddhipongse Punnakanta on Wednesday (Sept 25).
— The Straits Times (very annoying popups, paywall)

Regional haze eases for the moment as rain brings relief to Indonesia’s Sumatra, Kalimantan
The number of hotspots in Indonesia has dropped by more than 40 per cent after rain in parts of Sumatra and Kalimantan, as the overall haze situation eased throughout the region on Wednesday (Sep 25).
— CNA (very annoying popups)

Only charter court is authorized to rule on convicted Khon Kaen MP’s status
The Constitutional Court is the sole authority to decide whether Pheu Thai MP for Khon Kaen province, Mr. Nawath Tohcharoensook, has lost his MP status after he was sent to jail yesterday by order of the Khon Kaen provincial court, which sentenced him to death for masterminding the murder of a local official.
— Thai PBS News

SME digitisation platform GlobalLinker signs MoU with Thailand
GlobalLinker, a Mumbai-based digitization platform for SMEs signed an MoU with Thailand India Business Council (TIBC) on Wednesday for creation of a customized platform to facilitate digital business networking between SMEs from India and Thailand and to connect SMEs to the members of the platform across Asia.
— Economic Times

Dam contaminated with heavy metals in Chachoengsao
Thai PBS World People living around a small dam in Khao Hin Sorn district of Chachoengsao, directly east of Bangkok, are being told to stop using water from the reservoir after it was discovered that it is contaminated with heavy metals.
— The Thaiger

EC orders by-election in Samut Prakan after a Palang Pracharat MP is yellow-carded
Thailand’s Election Commission (EC) has ordered a by-election to be held in Constituency 5 of Samut Prakan province after Palang Pracharat MP, Mr. Krung Srivilai, was issued with a yellow card by the EC for attempting to buy votes.
— Thai PBS News

SET: Big IPOs, SPOs to come
Market capitalisation derived from the launch of initial public offerings (IPOs) and secondary public offerings (SPOs) is expected to increase by more than a combined 350 billion baht this year, bolstered by large IPOs in the pipeline, says the Stock Exchange Thailand (SET).
— Bangkok Post

Without privacy, Asia’s cashless society will only benefit governments
We’ve heard of all the benefits of being in a cashless society, but what’s at risk?
— e27

Two flying lantern events in Chiang Mai for Loy Krathong get their permits revoked
Chiang Mai’s City District Office has scrapped permits previously granted to organisers of two ‘sky lantern’ events that would have released a total of 5,000 flying lanterns during the upcoming Loy Krathong Festival, on November 11.
— The Thaiger

Thai PBS forges cooperation with Timor-Leste’s Press Council
In 1998, a contingent of The Royal Thai Army joined the multi-national peacekeeping force set up by the United Nations in Timor-Leste (East Timor).
— Thai PBS News

Sweetness & Power (14) – Picking a fight with Big Sugar
In the village of Mueang Phia in Khon Kaen’s Ban Phai district, locals are protesting against the plans of Asia’s biggest sugar and bio-energy producer Mitr Phol to build a sugarcane factory and biomass power plant near the community.
— The Isaan Record

Data law ‘safe’ for businesses
The government has assured local and multinational corporations that the new personal data protection law taking effect in May next year will not harm their businesses, saying that a guidebook on the law will be launched soon.
— Bangkok Post

Flow accelerators aid draining water in Ubon Ratchathani
On the flooding in Ubon Ratchathani, the Royal Irrigation Department has installed more high pressure water flow accelerators at Kaeng Saphue to increase drainage capacity, leading to a continuous reduction in flood waters in many areas.

Chaturon, Wattana and Chusak off the hook after prosecutors drop charges
Public prosecutors have dropped charges of incitement to public unrest against two core members of the Pheu Thai party and the former strategy chief of the defunct Thai Raksa Chart Party.
— Thai PBS News

1000 gather in Phuket to join the global cry on climate change
Asia’s largest travel and tourism sustainability event, opened in Phuket yesterday, as Southeast Asia’s hospitality industry came together in a spirit of collaboration to tackle the critical environmental issues facing resort destinations across the region.
— The Thaiger

Cambodian man killed, 3 seriously injured in accident at Pattaya construction site
A Cambodian worker has been killed and three others seriously injured after scaffolding collapsed at a luxury condo construction site in Pattaya.
— The Thaiger

Don Mueang shop bidding starts soon
Bidding for the concession to run duty-free shops at Don Mueang airport is expected to get under way next month, followed by a competition in December for the right to operate duty-free pick-up counters, the Airports of Thailand (AoT) says.
— Bangkok Post

Electricity outage to hit Kamala
The Provincial Electricity Authority (PEA) has announced that the electricity supply will be temporarily shut off in parts of Kamala tomorrow (Sept 26) as work is carried out on installing new high-voltage cables.
— The Phuket News

Digital securities trading platform iSTOX raises Series A round
iSTOX and Thailand’s KKP will work together to make capital market trading more open, equitable, and transparent Capital markets platform for issuance and trading of digitized securities, iSTOX, closed a Series A funding round of an undisclosed amount with lead investor Kiatnakin Phatra Financial Group (KKP), a prominent Thai Investment Bank.
— e27

Crowdfunding for SMEs a ‘powerful’ tool
Sinwattana Crowdfunding, an equity crowdfunding platform, is eying opportunities for fundraising among Thai startups and small and medium-sized enterprises (SMEs) amid a new regulatory environment.
— Bangkok Post

Kasikornbank-owned Beacon VC joins in the third fund of NYCA Partners
The fund brought in an investment of US$210 million from a global network of 21 institutional investors and notable figures in fintech and financial services industry Beacon VC, Thai Kasikornbank’ venture capital arm, announces that it has made an investment into the third fund of NYCA Partners, a global fintech investors.
— e27



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This week’s Thailand morning news feature photo focuses on the floods in Thailand

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About Thailand morning news.

Thailand morning news roundup is the most comprehensive hand-curated selection of Thailand English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Thailand English language news today.

We filter our the dull, the boring, the repetitive, and the click-bait and package all of the Thailand daily news that you need to know to start your day into an easy to read, time saving format of Thailand news headlines and first paragraphs before 7.15am Bangkok time.

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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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