Thailand Morning News For July 6

Thailand Morning News For July 6
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Thailand morning news

BOT raises economic growth forecast to 3.5%
THE BANK of Thailand (BOT) upgraded its forecast for the country’s economic growth to 3.5 per cent from 3.4 per cent and says it will continuing to monitor short-term fund flows that have caused the baht to appreciate.
— The Nation

Fisheries industry remains hardest hit by labour shortage
The fishery industry says the postponement of the foreign labour law will not help to resolve the acute shortage of foreign labour in the industry as now over 20,000 workers have returned homes since the law became effective.
— Thai PBS

Corruption lawsuit targets AoT, King Power
A lawsuit has been filed against 18 executives and officials of Airports of Thailand (AoT) and King Power Group, the country’s sole duty-free operator, for alleged malfeasance in connection with a duty free concession contract, allegedly causing damages of 14 billion baht.
— Bangkok Post

Siam Commercial Bank is the first in Thailand to join SWIFT initiative
Siam Commercial Bank is the first bank in Thailand to sign up for the SWIFT global payments system, joining over 70 other leading banks across the world.
— The Nation

15 days to bring migrant workers under net
People involved in the employment of unregistered migrant workers will have 15 days to apply for their recruitment after the new labour law was suspended for 180 days, said a senior labour official.
— Bangkok Post

Thai rice exports may miss target due to new foreign workers law
Thai rice exports for the second half of the year may miss the target due to acute shortage of labour at the seaports as a direct result of the new foreign workers law, Chukiat Opaswong, honorary president of Rice Exporters Association, said on Wednesday (July 5).
— Thai PBS

Draft ends foreign VAT relief
A draft bill on e-business tax will annul the Revenue Department’s value-added tax (VAT) exemption for online shopping worth less than 1,500 baht bought from foreign vendors outside Thailand.
— Bangkok Post

Tetra Pak aims for 50% growth in Asia food business
BIGGER SERVINGS – Tetra Pak, a food processing and packaging company, plans to grow its food processing business by 50 per cent in South Asia, East Asia, and Oceania by 2020.
— The Nation

Thailand ranks 20th in global cybersecurity ranking
Thailand was at 20th in a global cybersecurity ranking while Singapore ranked first with a near-perfect approach to cybersecurity, a UN survey showed on Wednesday.
— Bangkok Post

Growth rate projected to grow 0.01 to 3.5% this year
The Monetary Policy Committee (MPC) has adjusted up its projection of economic growth rate for this year by 0.01 to 3.5 % from 3.4% and unanimously agreed to maintain policy rate at 1.5%, said Jaturong Jantarangs, secretary of the committee, on Wednesday (July 5).
— Thai PBS

DIW: Requests for factory establishment and expansion signify continual growth of industrial sector
The Department of Industrial Works (DIW) disclosed that requests to open new factories and expand on existing factories in Thailand during the first half of the year indicated a continual growth in the industrial sector.

Military general selected as chairman of Police Reform Commission
The Cabinet has appointed Gen Boonsarng Niempradit the head of a newly formed police reform commission with 35 members.

Cabinet nods to delay of migrant workers’ management law
The Cabinet has agreed to postpone the enforcement of four sections of the Royal Decree on the Management of Foreign Workers for 180 days.
— NBT World (video)

Police reform panel said to ‘lack sincerity’
Police Watch, a people’s network, asked the government Wednesday to review a 36-member committee for police reform saying it does not include representatives who have shown a genuine intention to root out wrongdoing.
— Bangkok Post

Aswin rejects embossed polo shirts for BMA officials
BANGKOK GOVERNOR Pol General Aswin Kwanmuang has scrapped a proposal for the city to buy 200,000 polo shirts with an embossed emblem at the price of Bt248 apiece.
— The Nation

36-member police reform committee set up
Prime Minister Prayut Chan-o-cha has signed an order to set up a 36-member police reform committee, chaired by former supreme commander Gen Boonsrang Niampradit, with approval from the cabinet.
— Thai PBS

National Control Laboratory for Biological Products selected as 1 of 2 WHO contracted laboratories in Asia
Medical Sciences Department Director General Sukhum Kanchanaphimai said that the National Control Laboratory for Biological Products is Thailand’s laboratory for the quality control of vaccines and bio-pharmaceuticals, recognized as a World Health Organization (WHO)’s Vaccine Quality Assurance Laboratory.

Cabinet earmarks funds for welfare card programs for civil servants, low wage earners
The Cabinet has given the go-ahead to the projects to issue welfare cards to civil servants and low-income earners.
— NBT World (video)

Judgement day in rice case against Boonsong, others set for Aug 25
The Supreme Court’s Criminal Division for Holders of Political Positions has set August 25 to deliver its ruling in a case filed against former commerce minister Boonsong Teriyapirom and 27 other individuals and firms for alleged corruption in government-to-government (G-to-G) rice deals.
— Thai PBS

Telecommunications regulators said Wednesday they decided to drop an ultimatum given to top foreign online platforms after finding flaws in their own enforcement.
— Khaosod English

Former ICT minister Surapong released from prison
Former information and communication technology minister Dr Surapong Suebwonglee has been released from prison since Tuesday evening (July 4) after having served about 10 months of the one-year jailterm imposed upon him by the Supreme Court’s Criminal Division for Holders of Political Positions.
— Thai PBS

TrueVisions calls for help with piracy
TrueVisions, Thailand’s largest pay-TV operator, has urged the government to lend a helping hand to combat film piracy and illegal content on social media.
— Bangkok Post

Vizrt Thailand targets 20% rise in revenue
VIZRT THAILAND, a software company, expects to fatten revenue by 20 per cent this year and double global revenue within three to five years.
— The Nation

Govt continues to improve lives of rice farmers
Rice Department Director-General Anan Suwanrat said prices of rice would rise as many rice producing nations are suffering from natural disasters while global demand for rice continues to grow.

NRSA approves setting up of national space organization
The National Reform Steering Assembly (NRSA) has approved the proposed setting up of a new organization in charge of Thailand’s space affairs.
— NBT World (video)

Agriculture Ministry successful in reclaiming land misused for corn farming
The Ministry of Agriculture and Cooperatives has reported it has been successful in reclaiming 34,000 rai of land previously misused for growing corn in Nan and is to step up work to properly manage farm land.


Feature photo Axel Drainville
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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