Thailand Morning News For August 14

Thailand Morning News For August 14
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Thailand morning newsChina’s loan terms rejected
High-speed railway project proceeds as beijing demands high interest rate that thai transport ministry believes unfair.
— The Nation (annoying popups)

Auditor-General rejects complaints about rice sales
THE Office of Auditor-General has insisted that there have been no irregularities in recent sales of state-owned rice totalling 2.8 million tonnes as the government clears up its huge inventory resulting from the previous government’s rice-pledging scheme.
— The Nation (annoying popups)

PTT poised to gain from Myanmar deal
THAI and Myanmar officials will sign a memorandum of agreement at a meeting of Asean energy ministers next month that will take energy giant PTT a step closer towards a major gas project across the border.
— The Nation (annoying popups)

10,000 people likely to come for Yingluck ruling
Red-shirt activists expect to see up to 10,000 supporters of former prime minister Yingluck Shinawatra at the Supreme Court’s Criminal Division for Political Office Holders on August 25 despite strong security measures and the government’s advice against such a gathering.
— Eleven/ The Nation

PM calls for crackdown on all forms of corruption
The Prime Minister has called on related agencies to remove corrupt practices from Thai society.
— NBT World (video)

Flooding continues to afflict eight provinces
Flooding remains in eight provinces, mostly in the Northeast, and has affected 1.8 million people and damaged 3.9 million rai of farmland over the past month.
— Bangkok Post

As Thailand’s corporate cash pile swells, investors grow restless
Thai companies have accumulated a record $34 billion in cash, prompting some investors to demand companies from oil producers to food suppliers consider deals to put the money to work – or hand it back to shareholders.
— Reuters

Thailand earned nearly 70 awards in Best in Travel Poll
In some exciting Thailand tourism news, Thailand has performed exceptionally well in the 2017 edition of the Best in Travel Poll, with Bangkok, Phuket, Ko Samui and Hua Hin all being named among the ‘Top 10 Holiday Destinations’ for Asia.
— TAT News

200 more immigration officials deployed at Don Mueang and Suvarnabhumi airports
About 200 immigration officials from immigration offices throughout the country have been mobilized and deployed at the Suvarnabhumi and Don Mueang airports to cope with increasing number of arrivals.
— Thai PBS

Clouds of war hang over economy
THAILAND could face a delayed economic recovery plus disruption to exports, investment and tourism should North Korea-US tension escalate into a full-fledged war, market analysts warned.
— The Nation (annoying popups)

Govt to form law and justice system reform commission in 7 days
The Thai government is slated to appoint a new committee in charge of law and justice system reform within the next seven days.

Machine learning can benefit all start-ups
EVERY STARTUP should pay attention to artificial intelligence and machine learning because the technologies will enable them to take solutions and scale them at a speed they have never had before, according to Roy Glasberg, Google’s global lead for Accelerator and AI programmes for start-ups.
— The Nation (annoying popups)

SME BANK publicizes loans for rehabilitating flood-affected businesses in Northeast
SME BANK is publicizing loans for rehabilitating flood-affected businesses in the Northeast.

Phuket security at ‘maximum’. Seven southern provinces warned
Security is being ramped up in some southern provinces today including Phuket, Trang, Prachuap Khiri Khan, Surat Thani, Nakhon Si Thammarat, Phangnga and Krabi.
— Phuket Gazette

Baht strength holding back trade
The baht has surged against the US dollar to be the best-performing currency in Asia this year, prompting a growing outcry among exporters fearing that foreign exchange pressure will be a hurdle for ththem to sell products.
— Bangkok Post

MSDHS stresses anti human trafficking commitments
The Ministry of Social Development and Human Security (MSDHS) has elaborated the government’s plan on eliminating human trafficking activities, reassuring the government’s commitment to comply with suggestions made in the latest TIP report from the United States (US).

Seven Michelin Star Chefs Head Bangkok’s 18th World Gourmet Festival
Bangkok gourmands are in for a treat next month when seven Michelin star winning chefs join with four other internationally celebrated chefs for the 18th annual World Gourmet Festival at Anantara Siam Bangkok Hotel.
— AEC News Today (video)

DSD enhances skills of tourism personnel to accommodate growing tourism industry
Mr. Theeraphol Khunmuang, Director-General of the Department of Skill Development (DSD), has disclosed that Skill Development Institute along with the private sector and tourism operators had cooperated to train personnel for the tourism industry.

Mud-Splattered Thai University Student Highlights Asean’s Education Challenges (video)
In Asean countries there are many obstacles children have to face in an attempt to gain a proper education – distance to schools, tuition costs, under-qualified teachers, inadequate and poorly resourced classrooms, and so on. The list is endless.
— AEC News Today (video)

Thailand aerospace industry overview
With the fast growth of air traffic, the aerospace industry of Thailand is pushed forward and anticipates good prospects for the coming years. Thailand’s airports, airlines, maintenance, repair and overhaul services and manufacturing businesses are all benefiting from this upward trend and encouraged by the authorities.
— Asean Up

Oversupply saps sales of palm oil fruit
A decline in the price of palm oil fruit was not caused by market manipulation but an oversupply, the Commerce Ministry says.
— Bangkok Post


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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