Thailand Morning News For December 18

Thailand Morning News For December 18
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Thailand morning newsBBL forecasts bad-loan peak
Bangkok Bank (BBL) expects non-performing loans (NPLs) in the small and medium-sized enterprise (SME) segment to peak next quarter after increasing at a slow pace against a backdrop of economic recovery.
— Bangkok Post

Insurgents burn bus in southern Thailand
Armed insurgents stopped and torched a Bangkok-bound passenger bus on a highway in southern Thailand on Sunday, police said.
— Reuters

Thai PM content with Thailand’s removal from US Priority Watch List
The Prime Minister has expressed his satisfaction with the United States’ decision to remove Thailand from the Special 301 Priority Watch List.
— News Today

Government to allow domestic travel expense as tax deduction in 2018
The government is planning to allow taxpayers to use traveling expenses to less touristic destinations as a personal tax deduction in 2018.

Govt economic performance ‘most unimpressive’: poll
DESPITE unrelenting efforts to revive the economy and spur |higher economic growth in the third quarter of this year, the Prayut |government has scored low marks for its economic management and prevailing income inequalities, according to the latest National Institute of Development Adminis-tration (Nida) opinion survey.
— The Nation (annoying popups)

Emergency decree extended in restive South
The Thai government has decided to extend emergency decree in the violence-torn South for another 3 months.
— News Today (video)

Plantation policy leaves farmers still powerless
THE GOVERNMENT has been trying to promote its large-plantation policy since last year with the ambitious goal of bringing farmers out of the “middle-income trap” by 2021. But farmer groups cannot help but wonder whether the policy has really increased their bargaining power.
— The Nation (annoying popups)

More smoke than light in e-cigarette row
Electronic cigarettes, known as e-cigarettes, are back in the public eye following a series of police crackdowns on e-cigarettes which are illegal under Thai law.
— Bangkok Post

PM hails Thailand’s success to move citizens out of poverty
The Prime Minister said he was glad to learn that more people in Thailand has moved up to the middle class in the past 4-5 years.
— News Today

North faces big chill, South braces for rain
Temperatures are forecast to drop by 5C to 8C until Friday in the upper part of the country, while the lower parts are being warned to brace for torrential rain, strong winds and rough seas.
— Bangkok Post

LPG retailers in survival mode
After a few good years, liquefied petroleum gas (LPG) retailers are now suffering a sharp fall in demand, forcing operators to diversify business and seek ways to survive.
— Bangkok Post

Thai meat giant on track to grow revenue
One of the world’s largest meat processors, Charoen Pokphand Foods (CPF), has claimed to be on-track to deliver double-digit sales growth.
— Global Meat News

Mitsubishi spots growth after 4-year slump
Thailand’s car market will climb 5% to 900,000 vehicles per year after four straight years of decline, said the chief of Mitsubishi Thailand.
–Bangkok Post

CAT Telecom moves business focus to IoT digital services
CAT Telecom has shifted its business to digital services, expecting to provide over 67 million Internet of things (IoT) devices to the market within the next five years.
–The Nation

Thai skincare product maker Do Day Dream to raise up to $123m via IPO
Do Day Dream Plc, the manufacturer and distributor of Snail White skincare products, plans to mobilise up to 4 billion baht ($123 million) through its initial public offering (IPO).
— DealStreet Asia

Prawit seen wearing third pricey watch
Deputy Prime Minister Prawit Wongsuwon has been spotted wearing another luxury watch, intensifying questions over the government’s “big brother” asset scandal.
— Bangkok Post

Thailand hosts first international robot competition in Asia Pacific
Thailand is hosting the event “Thailand Robotics Week 2017” and the international robotics competition “RoboCup Asia-Pacific 2017” for the first time in Asia Pacific.
— News Today

New bar-coded traffic tickets start today
If you get caught without a driving licence, infringing road rules or not wearing a helmet from today, you might be getting one of these.
— Phukette Gazette

Biennial Bon Odori Festival in Bangkok marks 130 years of Thai-Japanese relations
The Biennial Bon Odori Festival this year marked 130 years of Thai-Japanese diplomatic relations, and joined in the celebrations under the action-packed Amazing Thailand Tourism Year 2018 with two impressive rounds of famous Japanese traditional dance circle, held yesterday (16 December) at Bangkok’s Thep Hatsadin Stadium.
— TAT News

ThaiBev unit seeks to buy a near $5b stake in Sabeco
Vietnam’s trade ministry said on Sunday that Vietnam Beverage Co Ltd, a unit of Thai Beverage, was the only investor seeking to buy all shares of Vietnamese brewer Sabeco on offer worth nearly $5 billion.
— DealStreetAsia


Feature photo Josch13
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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