Thailand Morning News For April 28

Thailand Morning News For April 28
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Thailand morning newsThailand to seek arrest warrant for Red Bull heir
Thailand’s attorney general said on Thursday it would seek the arrest of an heir to the Red Bull fortune after he failed to meet prosecutors over an alleged hit-and-run that killed a police officer five years ago.
– Reuters

PM urges Ministry of Science to support research and innovation
Prime Minister Gen Prayut Chan-o-cha has delivered his policy address to the Ministry of Science and Technology, urging the ministry to mobilize policies that coincide with the government’s Thailand 4.0 agenda.

Consumer debt revs up
Thai household debts rose to the highest rate in eight years because of debts accrued from previous years, according to the latest survey by the University of the Thai Chamber of Commerce (UTCC).
– Bangkok Post

FPO projects 3.3% export uptick
The Fiscal Policy Office (FPO) has raised its 2017 export growth forecast to 3.3% but is maintaining its economic growth projection at 3.6%.
– Bangkok Post

Somkid targets 70% Hong Kong market share for Thai rice
Deputy Prime Minister Somkid Jatusripitak has targeted that Thai rice will secure 70 per cent of the Hong Kong market this year.
– The Nation

Mitsubishi Motors is now largest auto exporter in Thailand
Out of all the global automotive manufacturers with production plants in Thailand, one has emerged as the country’s top exporter for the fiscal year 2016.

Bangkok gets the traffic, Singapore gets the bucks
Bangkok may be the most visited destination in Asia-Pacific among foreign visitors, but it is Singapore where they spend the most.
— Bangkok Post

Gazprom considers gas production on shelf of Thailand and Cambodia
PJSC Gazprom considers gas production projects on the continental shelf of Thailand and Cambodia, Deputy Chairman of the Board of the gas holding, Vitaly Markelov, said in an interview to the company’s corporate magazine.
– Construction.RU

Digital Economy & Society Min to develop Phuket into smart city
The Ministry of Digital Economy and Society has unveiled its plan to develop Phuket into a smart city to foster the welfare of residents and tourists.

CP increasing fresh produce
SET-listed CP All Plc, the operator of 7-Eleven convenience store and 24 Shopping online channel, plans to have more agricultural products at its retail network.
– Bangkok Post

Thai food giants expected to gain from US tax cuts
Thailand’s agricultural and food sectors are expected to gain from US tax reductions, according to a brokerage house. Companies operating in the United States could gain from a massive tax cut for businesses and individuals in the country, said Asia Plus Securities, which has raised its 2017 net-profit forecasts by 3.0 per cent for Thai Union Group (TU) and by 0.4 per cent Chareon Pokphand Foods
– The Nation

PTTEP posts record $349m Q1 profit
PTT Exploration and Production Plc (PTTEP), the SET-listed upstream petroleum company, posted a record net profit of US$349 million (12.1 billion baht) in the first quarter, up from $211 million last year, thanks to rising global oil prices.
– Bangkok Post

Thailand: Thailand exports 3.4 million tonnes of rice in four months 2017
Thailand exported 3.4 million tonnes of rice in January-April, representing a year-on-year rise of 6.4 percent, the Department of Foreign Trade said on April 24.

Qatar Airways and TAT sign agreement to boost tourism to Thailand
The Tourism Authority of Thailand (TAT) and Qatar Airways, one of the world’s leading airlines, today signed a Memorandum of Understanding (MoU) at the Arabian Travel Market (ATM) 2017 in Dubai, United Arab Emirates.
– Travel Daily News

Finance Ministry upgrading payment system
The Thai government continues to enhance the country’s payment system to be in line with the Thailand 4.0 economic platform.

Thailand exports 100% of its mangosteen production
Thailand is one of the largest producers of this fruit worldwide and the areas where it is cultivated are diverse, especially in the South. To date, the Asian markets, as well as North America, are the major consumers of mangosteen from Thailand.
– Fresh Plazza

7-Eleven To Accept Credit Cards
Soon you won’t need to hit the ATM to get cash when you’re running low at the end of the month because 7-Eleven stores will accept credit cards.
– Buriran Times

Jittery ISPs seek better guidance on internet blocks
Fearing their licences may be revoked, internet service providers have sought guidance from the national telecom regulator on how they can block all illicit webpages and content on local network servers within the next seven days, especially content encrypted overseas which is extremely difficult to block.
– Bangkok Post

Govt to install mobile signal towers covering national park areas nationwide
The Office of National Broadcasting and Telecommunications Commission (NBTC) and the Department of National Parks, Wildlife and Plant Conservation is increasing the mobile signal and internet coverage areas in national parks to facilitate officials and tourists.

Suspected Muslim insurgents in S. Thailand kill 4 soldiers
Suspected Muslim insurgents killed four paramilitary army rangers Thursday in an ambush in southern Thailand, in the latest high-profile attack in the troubled region.
– The Daily Progress

Thailand’s tire market is projected to cross $5.6 billion mark by 2022
In 2016, two-wheeler tire segment dominated the country’s tire market, followed by light commercial vehicle, passenger car, medium and heavy commercial vehicle and off-the-road tire segments. Tire replacement segment accounts for around two-thirds of the tire demand emanating in the country in 2016, and the segment is anticipated to maintain its dominance through 2022.
– BUSINESS WIRE (press release)

Thailand MICE Industry & Forecast to 2022
Thailand will attract more than 1.3 Million MICE travelers and generated nearly about US$ 4 Billion revenues by 2022.
– BUSINESS WIRE (press release)

Thailand, Myanmar Meet to Suppress Drugs in Border Areas
Thailand and Myanmar have stepped up cooperation to suppress illegal drugs in border areas.
– Chiang Rai Times

Donors Cut Financial Support to Refugee Camp Workers
Some 10,000 community workers in nine refugee camps on the Thai-Burma border will be affected by financial cuts as funding declines, according to sources from the refugee community and aid agencies.
– ReliefWeb

Govt not canceling 30-baht health care program: NHSO
The government is not canceling the 30-baht health care program but instead increasing the health care benefits, said National Health Security Office (NHSO) spokesman Attaporn Limpanyalert.

Farang-only photo contest offers foreign residents a prize of 20,000 baht for Thai-centric pics
A photo contest announced by the government is calling for gorgeous, original photos evocative of life in Thailand and taken by foreigners living here. Called “Thailand in your mind,” the contest is open to all non-Thais who are legally living in Thailand.
– Coconuts Bangkok


Feature photo John Le Fevre
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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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