Thailand morning news for August 2

Thailand morning news for August 2
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Thailand morning newsFishermen issue fresh ultimatum to government
Warn they would stop fishing if treaty, that ‘does not suit local conditions’ is ratified
— The Nation

Prayut touts EEC for prosperity
Prime Minister Prayut Chan-o-cha reaffirmed Wednesday that the key to ensuring Thailand escapes the “middle-income trap” and transforms into a high-income nation means sticking to the 20-year national strategy and Eastern Economic Corridor (EEC) project.
— Bangkok Post

Adviser predicts recession in 2020
The global economy is likely headed for a recession in 2020 and the economic downturn will accelerate if the China-US trade squabble turns into a full-blown trade war, says Supavud Saicheua, an adviser to Kiatnakin Phatra Financial Group.
— Bangkok Post

Khao Sarn vendors defy enforcement of hawking ban
Vendors on Khao Sarn road, an area renowned for street foods and popular with western backpackers, have openly defied the City Hall’s vending ban on the sidewalks.
— Thai PBS

Major Thai banks get on board of Swift’s GPI platform for real-time fund transfers
THAILAND’S four major banks have joined Swift’s Global Payment Initiative (GPI) platform, which adds the blockchain technology on top of its infrastructure for global real-time cross-border fund transfers.
— The Nation

11 dams reaching their storage limit
Eleven major dams are reaching the limit of their storage capacities, which is putting them at risk of flooding, according to the Royal Irrigation Department (RID).
— Bangkok Post

Consumer prices up for 13th straight month
Thailand’s headline inflation rate, as gauged by the increase in the consumer price index (CPI), picked up to 1.46% in July after easing to 1.38% in June.
— Bangkok Post

Instant Blockchain Remittance for Myanmar Workers in Thailand
Instant blockchain remittance is on the cards for migrant Myanmar workers in Thailand who want to instantly send money back home as a major Singapore tech firm partners with a Myanmar banking institute to help the neediest people.
— Crypto Disrupt

Thai government comes together to improve Phuket tour boat safety
All branches of the Thai government are joining together to improve tour boat safety in Phuket.
— TAT News

Thai economy stays on upward trend in June
he Bank of Thailand (BOT) has reported continuous expansion of the Thai economy in June 2018 on the back of exports, tourism, investment and consumption.

Robot maker seeks world-beating edge
CT ASIA Robotics said it aims to develop the world’s best robotics devices to take care of the elderly and other bed-ridden patients.
— The Nation

Police arrest seven suspects in connection with temple fund fraud
The Royal Thai Police arrested seven people, including the former director of the National Office of Buddhism, Phanom Sornsilp, in connection with the temple fund embezzlement scandal.

Thailand’s manufacturing environment remains largely subdued in July
Thailand’s manufacturing sector grew only marginally in July. New orders and employment fell, while output rose.
— Nikkei Asian Review (paywall)

UK ‘lacks information’ on Yingluck
Ex-foreign minister Kasit Piromya said Wednesday the government should provide the UK and international community more detailed information to substantiate Bangkok’s request to extradite fugitive former prime minister Yingluck Shinawatra.
— Bangkok Post

Cabinet approves proposed extension of debt moratorium for farmers
The Cabinet has approved the proposed extension of the deadline of the debt moratorium granted to farmers.
— News Today (video)

Over 1,000 pigs seized in Chachoengsao after red meat enhancer found
Officials of the Livestock Development Department have seized 1,089 pigs from two pig farms in Muang district of Chachoengsao province after urine tests show positive result of red meat enhancer.
— Thai PBS

PM launches mobile payment system for welfare goods
Prime Minister Gen Prayut-Chan-o-cha has chaired the launch of a mobile payment system for goods purchased under government welfare.

Thailand Board of Investment to boost investment in Food Innopolis and EECi
The Thailand Board of Investment (BOI) has agreed to expand seven additional sites as “Food Innopolis”, aiming to create value-added agricultural products nationwide through research and development. Moreover, incentive packages for investment in the Eastern Economic Corridor of Innovation (EECi) will be extended to cover those investing in science parks across the country while the EECi remains under development.
— AEC News Today/ PR Newswire (media release)

Phu Chi Fa declared disaster zone after road cave-in
Phu Chi Fa, a mountain area and national forest park in the northern province of Chiang Rai, was declared a disaster zone on Wednesday (Aug 1st), after continuous heavy rain caused a portion of the road leading to the popular destination to cave in.

Thailand facilitates border trade and tourism at Malaysian Border
The Sadao Border Crossing in Songkhla province in the deep south of Thailand is the Thai-Malaysia border area with the highest value of border trade and often criticized for its congestion, but the problem has now been solved. Additionally, the Thai government is building a new checkpoint, which is 20 times bigger than the current one, to support and facilitate border trade and tourism. Khun Suchanee Rungmueanpon brings us the story from Songkhla Province.
— News Today (video)

50 shades of yellow: how conservatism overwhelmed liberalism in the anti-Thaksin movement
At its incipience, the movement against Thaksin Shinawatra (and his subsequent nominee governments) compromised a motley—even contradictory—crew of groups loyal to diverse ideologies and political standpoints.
— New Mandala

Govt urged to push legal measures on data leaks
CYBERSECURITY experts have urged the government to quickly strengthen legal safeguards by adding measures to prevent data leaks after the computer systems of two major Thai banks were hacked recently.
— The Nation

Tata Motors calls it quits in Thailand and moves production away
India’s Tata Motors in a press release issued on August 1 said that it decided to stop manufacturing operations in Thailand citing viability issues but would continue to sell vehicles in the country through imports.
— Investvine

Fishermen Threaten Strike Over New Regulations
Thai fisherman Wednesday threatened a national strike next week if the government adopts international regulations they say will severely damage their industry.
— Khaosod English

Report says human trafficking, mostly for prostitution, still rife in Thailand
HUMAN TRAFFICKING remains a serious issue in Thailand – with most cases involving prostitution – despite years of efforts to tackle the menace by the military government, a report released yesterday by rights groups reveals.
— The Nation

Mozambican fugitive deported in sweep on foreign villains
Momade Assif Abdul Satar entered Thailand three years ago shortly after being freed on parole from a Mozambique jail for the 2000 gangland-style murder of an investigative journalist in the capital Maputo.
— The Phuket News

1 million students to have their pay deducted to service loans
The Student Loan Fund Office has set a target to deduct a certain portion of the salaries paid to about one million government officials and employees of private companies who took out loans as students from the office and have defaulted on loan repayments, said the fund manager Mr Chainarong Katchapanant on Wednesday.
— Thai PBS

Fiscal Policy Office discusses fintech solutions to the nation’s problem
The Fiscal Policy Office (FPO) of the Ministry of Finance has organized a seminar on using financial technology (fintech) to address Thailand’s problems, including the middle-income trap, economic inequality, and its aging society.

Democrat Party to file defamation suit against Nakhon
The Democrat Party has decided to take legal action against Nakhon Machim, a former Democrat MP for Phitsanulok, for allegedly accusing it of conspiring with the military and the judiciary to topple the governments of former prime ministers Thaksin and Yingluck Shinawatra.
— Thai PBS

Foundation stone laid for museum in memory of Tham Luang rescue operation
A foundation stone laying ceremony was held at the entrance of Tham Luang cave in Chiang Rai’s Mae Sai district today for the construction of a gallery-cum-museum in memory of the dramatic rescue operation to help the 12 Wild Boars boys and their coach from flooded cave.
— Thai PBS

All Thai tourists evacuated from Mt Rinjani
The Thai government has confirmed that all Thai tourists have been evacuated from Mount Rinjani, Indonesia, with one sustaining minor injuries.

Overflowing Mekong River pushes vendors out of Indochina Market
Vendors at the Indochina Market in Mukdaharn province have had to move their goods to higher ground due to the Mekong River overflowing into the area.
— Thai PBS

Welfare card holders to get VAT rebate during this year’s fourth quarter
Welfare card holders will get a VAT rebate from purchases made at eligible stores in a pilot campaign during the fourth quarter of this year.

7 arrested with fake goods on Samui
Police arrested seven men and seized some 7,000 fake items worth over Bt2 million on Koh Samui.
— The Nation

Cameramen warned not to use baits to lure birds for photo shooting
Wildlife photographers have been warned not to use baits or sound recorder to lure wild animals out of the bushes to the open so they can take their pictures or face legal action from the Department of National Parks, Wildlife and Plant Conservation.
— Thai PBS

Thai-born youth loses S’pore citizenship cos he forgot to take oath of allegiance
The youth had forgotten to take the oath of allegiance when he turned 21, and has been stripped of his citizenship, in accordance with Singapore laws. Now, he finds himself effectively stateless.
— The Independent


Feature photo Dickson Phua


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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