Thailand morning news for November 13

Thailand morning news for November 13
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Thailand morning newsThai central bank seen holding key rate, but hike possible next month: Reuters poll
Thailand’s central bank is widely expected to leave its key interest rate near a record low on Wednesday, though there was a good chance that the first rate hike in years could come in December, a Reuters survey showed.
— Reuters

Anti-graft body launches fresh probe into scandalous rice deals
The National Anti-Corruption Commission has launched a fresh investigation into rice deals committed under the government of former prime minister Yingluck Shinawatra which were suspected to be plagued with corruption.
— Thai PBS World

Myanmar forum targets chemicals as Asean awash in synthetic drugs (video)
Senior counter-narcotics officials from around the world met in the Myanmar capital Nay Pyi Daw last week in an attempt to thrash out policies to stem the flood of synthetic drugs throughout the region.
— AEC News Today

Cashew nut earns Sisaket agriculturists millions of baht
Agriculturists in Sisaket province have earned satisfactory incomes by growing and selling cashew nuts to domestic and overseas buyers.
— New Today (video)

Reject cannabis extract patents or be sued, researchers warn
MEDICAL researchers appear poised to sue the Intellectual Property Department after it registered patents for cannabis extract products.
— The Nation

Chao Laem joins fight against child boxers law
FORMER Thai professional boxer “Chao Laem Srisaket Sor Rungvisai” has joined a demonstration against a draft bill to prohibit children under 12 from muay thai fighting.
— The Nation

SMEs’ bad loans creep up
Commercial banks’ non-performing (NPL) and special mention loans (SMs) for small and medium-sized enterprises (SMEs), automobiles and credit cards at the end of September ticked up from the previous three months, resulting in a higher potential for more soured loans.
— Bangkok Post

Blood is thicker than water: Rookie investigator arrests the man who murdered his father
The year 1998 was annus horribilis for a family in Chumphon province. On the night of Dec 5, Prasit Sae-ue, the sole breadwinner of the family was killed while his wife was pregnant with their son.
— The Phuket News

Marijuana patent bid shot down
The Commerce Ministry has allayed fears it will put the brakes on developing marijuana extracts for possible medicinal usage, saying the project has the backing of the government.
— Bangkok Post

Two groups hand in bids for rail project
Charoen Pokphand Group (CP Group) and BTS Group Holdings Plc (BTS) on Monday submitted bids for the Bt220-billion high-speed railway project , designed to connect three major airports in Thailand.
— The Nation

Park department agrees to scrap concrete road plan to Panern Thung
The Department of National Parks, Wildlife and Plants Conservation has bowed to pressure from green groups by agreeing to scrap a plan to pave the 21.9 kilometre route leading to Panern Thung mountain peak in Phetchaburi province with concrete.
— Thai PBS World

“JobsTC” app makes debut at OCSC International Education Expo 2018
The 15th edition of the International Education Expo which concluded on Sunday welcomed the launch of a mobile application called “JobsTC.”
— News Today (video)

Fetco proposes 10-year fund to replace LTF boon
The Federation of Thai Capital Market Organizations (Fetco) has proposed to Deputy Prime Minister Somkid Jatusripitak the idea of a new investment fund as a substitute to the long-term equity fund ((LTF), with a 10-year investment period and tax credit of no more than 100,000 baht.
— Bangkok Post

EU delegation to Thailand issues clarification on poll observers
The European Union on Sunday offered a clarification over a media report that it has asked to send an army of observers to monitor the upcoming general election expected in February next year.
— Thai PBS World

‘Very poor’ school students to be given additional financial aid
ABOUT 600,000 “very poor” students will soon receive an extra Bt800 per semester from the state, as the Equitable Education Fund (EEF) is stepping in to help reduce the educational disparities.
— The Nation

Thailand loses WTO dispute over cigarette imports
Thailand has failed to comply with a World Trade Organization ruling against its regulations on cigarette imports, a WTO dispute panel said on Monday, the first of two legal cases brought to the Geneva-based watchdog by the Philippines.
— Reuters

Chiang Mai’s flying lantern festival expected to generate Bt1-bn
The annual Yi Peng or northern traditional Loy Krathong Festival scheduled for November 20-23 in Chiang Mai is expected to generate tourist spending of up to Bt1 billion, said a senior provincial official.
— The Nation

After almost 4 years, 112 suspect Anchan has been granted bail of 500,000 baht
After being detained for almost 4 years, Anchan P. , facing 29 charges under Article 112 for releasing voice clips of Banpot allegedly containing lèse majesté material against the late King, has been granted bail of 500,000 baht.
— Prachatai English

Mazda sales soar 63% as showroom network expands
Mazda’s Thai sales in October surged 63 per cent to 5,647 units, thanks to showroom network expansion to cover all sales areas.
— The Nation

JWD does well in Q3, lifts 2018 revenue target
JWD InfoLogistics Plc earned revenue of Bt848.6 million and net profit of Bt70.1 million in the third quarter of the year, up 32.2 per cent and 24.1 per cent respectively from the same period of last year, chief financial officer Eakapong Tungsrisanguan said on Monday.
— The Nation

Rough seas challenge mission to salvage ‘Phoenix’
Singapore and Thai divers are expecting unfriendly cooperation from nature as they will soon kick off another attempt to lift the deadly “Phoenix” boat from the seabed off the resort island.
— Bangkok Post

BoT prompts Sansiri away from marketing
SET-listed developer Sansiri Plc will tone down marketing for new condo launches to focus on real demand, in response to the Bank of Thailand’s new measures on loan-to-value (LTV) limits announced last Friday
— Bangkok Post

Thai man arrested for pouring acid on wife, who dies after allegedly being refused treatment
A Bangkok man was arrested in the wee hours of this morning for allegedly splashing acid on the face of his wife in a fit of jealousy — an attack that led to her death within hours.
— Coconuts Bangkok


Feature photo John Le Fevre

This week’s Thailand morning news feature photo acknowledges World Diabetes Day, November 14.


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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