Thailand Morning News For July 6

Thailand Morning News For July 6
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Thailand morning newsThailand cave rescue: Former Thai Navy SEAL dead from lack of oxygen, authorities say
Thai authorities say a former Navy SEAL working to rescue boys trapped in cave has died from lack of oxygen. According to BBC News, Saman Kunan, 38, lost consciousness on his way out of the Tham Luang cave complex after delivering supplies to the missing group, officials said.
— CBS News

One dead, dozens of Chinese tourists missing as Thai boat capsizes
One man died and dozens of Chinese tourists remain missing after a boat capsized as high winds whipped up rough seas off the Thai island of Phuket, officials said late Thursday, confirming the rescue had been suspended for the night.
— The Nation

Search mounted for 49 people missing in sea off Phuket
Forty-nine people are still missing while 89 others were plucked from the rough sea off Phuket this afternoon after one dive boat and a yacht capsized.
— Thai PBS

Army plane carrying four crashes
An army patrol plane carrying four people crashed and burned in the woods near the Myanmar border on Thursday afternoon.
— Bangkok Post

BTS keen for partners join in on key rail project
BTS Group Holdings Plc is open for all its business partners to participate in the construction of a high-speed train link between three international airports if the group wins the bidding for the project, chairman Keeree Kanjanapas said yesterday.
— The Nation

Landmine Injures Fifth Rubber Farm Worker in a Week
A rubber plantation worker in Thailand’s Deep South was seriously injured in a landmine explosion Thursday – the fifth such attack in a week in the insurgency-stricken region, according to officials – bringing local and international condemnation.
— BenarNews

Tourism and Sports Ministry improves tourism statistics data collection
The Ministry of Tourism and Sports has held a seminar on tourism statistical development to align the management of tourism statistics with global standards.
— News Today (video)

King says thanks to cave rescue teams
His Majesty the King has issued a message of appreciation, commendation and encouragement to the Thai and foreign teams who have located 12 young footballers and their coach trapped inside the Tham Luang…
— Bangkok Post

BOT dealt strong hand amid pressures
THE Bank of Thailand (BOT) has made clear that the country’s robust external positions leave the central bank free to set its own monetary policy, regardless of the upward trend in interest rates around the world.
— The Nation

Govt accelerates development of immigrant information system
The government has accelerated the development of an immigrant information system to help reduce transnational crime and human trafficking.
— NNT

GH Bank to push B3.9bn in non-performing assets sales
State-owned GH Bank aims to fetch 3.9 billion baht from disposing of its non-performing assets (NPAs) this year, its chairman says.
— Bangkok Post

Fragile residential market presaged
A higher ratio of new mortgages with loan-to-value (LTV) rates exceeding 90%, the increasing loan-to-income (LTI) proportion and deteriorating bad mortgage rates all point to the residential property market’s fragility, warns the Bank of Thailand’s Monetary Policy Committee and Financial Institutions Policy Committee.
— Bangkok Post

Ford begins pickup production
Ford has officially started production of the Ranger Raptor truck at its Ford Thailand Manufacturing factory in Rayong.
— The Nation

BoI urged to use Competitiveness Fund
The government has ordered the Board of Investment (BoI) to speed up use of its 10-billion-baht Competitiveness Fund, which has been inactive despite being established a year ago.
— Bangkok Post

Many worry that coach may blame himself for ordeal
THE ASSISTANT coach of Mu Pa Academy, Ekkapon Chantawongse, 25, is the eldest of the 13 footballers who have been trapped in the Tham Luang cave in Chiang Rai since June 23.
— The Nation

BT11.37 BN SET ASIDE TO SUBSIDISE POWER PRICES
The Energy Regulatory Commission (ERC) expects to set aside its retained fund of Bt11.364 billion to subsidise electricity prices in the first four months of next year. In doing so, it hopes to sustain the base factor and fuel tariff (Ft) electricity surcharge for a fifth consecutive time.
— The Nation

BTS provides measures to remedy passengers in case of disruption
The operator of Bangkok’s BTS Skytrain, BTS Group Holdings Plc, has on Thursday (July 5th) introduced measures to help passengers when service disruption occurs.
— NNT

Government secures loan for highway development project
The Ministry of Finance has signed a loan agreement with the Asian Development Bank (ADB) to fund the country’s highway extension projects, in a bid to become a commercial hub in ASEAN.
— News Today (video)

GHB Expo 2018 offers affordable houses for low-income people
The Government Housing Bank (GHB) House Expo 2018 features more than 80 booths manned by both the government and private sectors. The highlight of this year’s event is an auction of 250 secondhand houses for low to middle income people.
— NNT

Rice Department prepares assistance for farms flooded for Luang Cave rescue operation
The Department of Rice has prepared a rehabilitation plan for farms impacted by the drainage of Tham Luang Cave to rescue a youth football team that became trapped on June 23rd.
— News Today (video)

Search mounted after army’s plane crashes with 4 people on board
The four-seat, single-engine light plane took off from Mae Hong Son airport at 10.56 am today on a routine surveillance mission and later disappeared from the radar screen as it was about 20 miles to the north of the airport.
— Thai PBS

PTT reassessing gas approach
PTT Plc, the national oil and gas conglomerate, is reviewing its gas business after seeing lower-than-expected consumption demand.
— Bangkok Post

Cashless rail tickets launched
The State Railway of Thailand (SRT) and Kasikornbank (KBank) have launched a QR code train ticket payment service.
— The Nation

Energy Regulatory Commission assures electricity prices to will remain stable
Thailand’s Energy Regulatory Commission (ERC) has assured that it will be able to maintain electricity prices for the public at current levels, despite rising fuel prices and a depreciating baht.
— NNT

Confidence improved in June
Consumer sentiment rose to its highest in six months in June, as Thais became less concerned about oil prices.
— Bangkok Post

Power plan makeover to encourage small traders
The revised national power development plan (PDP) is set to add energy blockchain technology to the master plan to allow very small power producers (VSPPs) to serve as peer-to-peer electricity traders,…
— Bangkok Post

Moody’s gives Baa1 rating to flagship
Moody’s Investors Service has rated PTT Plc’s senior unsecured ratings at Baa1, and its baseline credit assessment (BCA) at Baa2.
— Bangkok Post

NLA unanimously passes Sangha Council bill in straight readings
A bill to empower His Majesty the King to handpick members of the Sangha Supreme Council, the supreme governing body of Buddhist monks in Thailand, sailed through the National Legislative Assembly today.
— Thai PBS

Wireless provider claims credit for cave rescue
Radwin said it has donated wireless broadband equipment to assist in the rescue mission of the 12 boys and their football coach trapped in caves in Chiang Rai province.
— The Nation

Import controls eyed for coconuts
The Commerce Ministry may opt to reduce the period for coconut imports and introduce more stringent controls on importers to tackle the domestic coconut price slump.
— Bangkok Post

 

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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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