Thailand Morning News For June 8

Thailand Morning News For June 8
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Thailand morning newsBaht upheaval carries across industries
Agriculture, electronics, and food and drink have been hit hardest by the baht’s 6% year-to-date appreciation, according to Asia Plus Securities (ASP).
– Bangkok Post

700 SIM cards registered by fingerprint scanning in first five days
Altogether 700 newly-bought pre-paid mobile phone SIM cards have been registered by means of fingerprint scanning during the first five days of registration as part of the security measure to prevent the SIM cards being misused by illegal elements.
– Thai PBS

Online content providers will have to register with regulator
THE National Broadcasting Commission (NBC) has taken its first step in regulating over-the-top (OTT) content on social media platforms by requiring popular content providers to register with the agency.
– The Nation

Japan ‘keen on train investment’
Japan has shown keen interest in joining the bidding for the construction of the 193.5 km Bangkok-Rayong high-speed train project that will link the Eastern Economic Corridor (EEC) and three international airports, says Deputy Prime Minister Somkid Jatusripitak.
– Bangkok Post

Thai Banks Embracing Fintech
Thailand’s Kasikorn Bank announced its inaugural tech fund which is 1 billion Thai Baht, in size.
— Finews Asia

Thailand Sells 1.66 Million T of Rice From State Stockpiles
Thailand sold 1.66 million tonnes of rice worth $49 million from state stockpiles on Wednesday (07/06), the commerce ministry said.
— The Jakarta Post

KBank looks to innovations via venture capital arm
KASIKORNBANK yesterday launched Beacon Venture Capital as an investment arm with Bt1 billion to support technological innovations intended to benefit all the bank’s businesses.
– The Nation

Carmakers want revised excise tax rate laid bare
Carmakers have asked the Excise Department to declare the new excise tax in advance so they will have time to prepare for the levy before it comes into force on Sept 16.
– Bangkok Post

Australia signs cybercrime agreement with Thailand
The agreement signed in Bangkok this week means Australia is now working in tandem with Thailand, Singapore, and China on tackling cybercrime in the Asia Pacific region.
— ZDNet

Millions at risk as junta jeopardises national healthcare scheme
While taking credit internationally for the country’s healthcare scheme, the Thai junta has begun the process of amending the law which could put at risk the health of millions of Thais who rely on public health coverage.
– Prachatai English

Economy expected to drive car sales this year
Thailand’s domestic car sales are expected to grow at a healthy rate of 10% this year to 845,000 units, driven by improving sentiment for consumption and a growing economy, says Inter-Media Consultant Co, the organiser of Thailand International Motor Expo.
– Bangkok Post

Sri Lanka-Thailand reach consensus on FTA
Sri Lanka and Thailand have come to a consensus on a free trade agreement (FTA) to trade goods as the first step towards a comprehensive FTA that will follow in the future, Sri Lanka’s Industry and Commerce Ministry in a statement said.
— Dailymirror

Positive growth driven by improving farm prices
Thailand’s leading supplier of consumer products remains confident of the country’s economic growth this year with improving farm prices as main driver.
– Thai PBS

Ministry working on plan to ease impacts of petroleum suspensions
THE Energy Ministry will in the next few days come up with a plan to mitigate the impacts of the suspension of petroleum production by holders of concessions on agricultural land, following an order issued by the Supreme Administrative Court order on June 1, Energy Minister Anantaporn Kanjanarat said yesterday.
– The Nation

Nine ministers to be questioned by the EC over their qualifications
The Election Commission is to invite nine cabinet ministers for questioning regarding their qualifications as petitioned by the legal team of the Pheu Thai party.
– Thai PBS

Military intimidates anti-junta activist
Soldiers have paid visit to the house of a well-known anti-junta activist, demanding her to cease all political activities.
– Prachatai English

Commuter van operators want to return to Victory Monument
Operators of commuter vans have petitioned the government seeking for permission to return to the Victory Monument after suffering enormous loss from operation.
– Thai PBS

Three Msian men held in Thailand for credit card fraud
Three Malaysian men have been arrested for using fake credit and ATM cards to withdraw 600,000 Baht (RM77,000) which they finished spending during their 28-day stay in Thailand.
— New Straits Times


Feature photo Daniel Perries
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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