Thailand News
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New transport minister backtracks on previous government’s van upgrade policy
The previous government was hellbent on upgrading many of the country’s old vans to new buses and min-buses. The proposals, and the decline of August 13, was met with a lot of opposition with public transport operators who would have to take on the new investment in upgrading equipment. The previous government’s intentions were to improve the levels of safety…
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Thai Airways faces more bad news with bigger losses in Q2
Thai Airways’ problems appear to be compounding with a perfect storm of an ageing fleet, a plateauing of tourist intake and increased competition from newer, more nimble budget airlines. The country’s national pride and joy had a poor Q2 this year, compounding years of declining profit results. The second quarter loss more than doubled losses for the same quarter last…
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Government faces no-confidence vote with loss of five independent MPs
The Government was sworn in less than a month ago on July 17, but already faces the prospect of a no confidence motion on its ability to control the lower house majority after five MPs pulled out of the 19-party coalition bloc. Last week the ruling Government lost a vote on the floor over the role of the House Speaker.…
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Amnesty program for unlicensed Thai hotels finishes September 9
PHOTO: We needed a photo of a small hotel. So this is The Small Hotel in Krabi (already licensed!!) The Thai government has issued guidelines for unlicensed hotels under their amnesty program. Hotels must submit applications and complete improvements before September 9, so time is of the essence. Baker McKenzie Thailand has outlined the process and guidelines which we are republishing…
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Thai Government suffers first defeat in lower house
PHOTO: Thai PBS Highlighting the Government’s frail grip on power, the ruling Palang Pracharat government, together with its 19 coalition partners, suffered its first defeat in the lower house yesterday. The matter was over a parliamentary regulation that would specify the House speaker’s impartiality in the performance of their duties. Regulation Number 9 was debated at length in the Lower…
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Thai baht may need another ‘haircut’ by the Bank of Thailand before the end of 2019
Wednesday’s rate cut by the Bank of Thailand has not succeeded in reining in the surging baht, raising the prospect of another interest rate cut by 0.25 of a percentage point before the year-end. While the central bank’s statement on the policy rate reduction didn’t mention the strength of the baht, economists suspect the baht’s strength and its impact on…
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Organisers meet with immigration over TM30 petition – full report
(This post, re-published with permission, has been edited by The Thaiger to clear up the grammar and spelling without changing any of the intentions or meanings. Here it is, in full…) Yesterday, I met the Officer Longtor at Korat immigration. He was very nice, very polite and we had a conversation in Thai. I had with me a copy of…
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Currencies and stock exchanges flutter as the dust settles on the latest threats in the US-China trade spat
Central banks in India, Thailand and New Zealand cut interest rates this week in an attempt to fend off any harm from the spiralling US-China trade war. The escalation of the trade war, sparked by fresh US tariff threats by US President Trump over the weekend, is seen as the reason for the policy shift. On Monday, the People’s Bank…
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Young elephant injured by trap in Rayong
PHOTO: Nation TV Wildlife officials are tracking a young wild elephant whose front left leg has become infected after being caught in a snare. They want to capture it and treat its injury. The assistant chief of Khao Ang Rue Nai Wildlife Sanctuary, Tantikorn Puangsakul, says officials of the Khao Noi wildlife protection unit spotted the small elephant staggering in…
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Cabinet to consider visa-free travel for Chinese and Indian tourists
The Minister of Tourism and Sports, Pipat Ratchakitprakarn, says he intends to introduce visa-free travel for Chinese and Indian tourists later this year. He wants to put the proposal to Cabinet as soon as possible. Chins and India are targets for Thailand’s latest tourism promotions, so visa-free-travel is back on the table for urgent consideration. Currently, citizens of both countries have…
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Bank of Thailand cuts policy rate, to 1.5%
The Bank of Thailand’s Monetary Policy Committee has made a surprise decision today to cut the policy interest rate amid pressure to avert an economic slowdown and hedge the heightened trade war between the US and China. The MPC cut the interest rate by only 25 basis points to 1.5 %. But the cut is significant. Of the seven-member committee,…
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Board of Trade want Bank of Thailand to urgently address the baht
PHOTOS & GRAPHIC: The Nation The Board of Trade are meeting with the Bank of Thailand tomorrow (August 8) to discuss the value of the Thai baht, its appreciation against the US dollar and Chinese yuan, and the impact on the country’s exports. Sanan Angubolkul, the Board of Trade’s vice chairman, speaking to The Nation, says the baht has appreciated around…
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Softening Chinese yuan no threat to Thai baht
The Chinese yuan dropped sharply to its weakest level against the US dollar in more than a decade, raising fears of further dangerous escalation in the US-China trade war. Yesterday, the Chinese yuan dropped below the 7 yuan to the US dollar threshold, marking the first time the renminbi has depreciated against the dollar since May 2008. The depreciation of…
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800 media professionals laid off or contracts unfairly terminated
The National Union of Journalists Thailand says the media situation in Thailand is looking increasingly grim with around 800 media industry staff either being laid off or having had their contracts unlawfully terminated. A portion of the media professionals also say they were not sufficiently compensated, in violation of Thailand’s labour laws. Also, many said they had not been paid…
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2,800 small Thai schools facing consolidation
2,800 small Thai schools with fewer than 40 students will be merged – this from the chairman of the Basic Education Commission. Associate Professor Dr Ekkachai Kisukphan says not all 18,000 small schools under the Office of Basic Education Commission that are located near one another would be merged. But the OBEC wanted to merge small schools each with fewer than…
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Minister books meeting to discuss 120 kph speed limits on Thai motorways
PHOTO: Thai Residents The new Thai Transport Minister Saksiam Chidchob will be chairing a meeting in the middle of August to discuss the proposal to raise the speed limit of private cars on Thailand’s four-lane highways to 120 kilometres per hour. Part of the proposal says that cars travelling in the far-right lane of a four-lane highway must also keep…
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Most Thai motorcycle riders don’t wear crash helmets
Only 45% of Thai motorcycle users wear crash helmets, that includes riders and pillion passengers. With young people under 18 the results are a pitiful 22% of users wearing any head protection, even less for children. Dr. Werapan Supanchaimart, vice chairman of the Thai Health Promotion Foundation, said at a seminar yesterday that the Thai Roads Foundation and Road Safety Watch…
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Thailand and EU prepare for signing of a strategic trade partnership
Thailand and the European Union are ready to sign a draft Strategic Partnership and Cooperation Agreement to promote bilateral trade and investment in the future. Federica Mogherini, an EU Representative for Foreign Affairs and Security Policy, and vice chairwoman of the European Commission, met today with PM Prayut Chan-o-cha during her visit to Thailand to attend the ASEAN Plus Foreign…
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National police chief is going to war with street racers
PHOTO: The almost weekly crackdown on motorcycle street racing around Bangkok. So far measures haven’t worked to curb the activities of the fast & furious Bangkok youth – Bangkok Post Despite weekly reports about late night weekend street racing around parts of Bangkok, and the sophisticated use of social media to promote the events, the national police chief Pol General…
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PM holds urgent meetings with Thailand’s economic tsars today
The PM has put himself in control of Thailand’s economic matters nominating himself as Chairman of the Council of Economic Affairs. Today the PM Prayut Chan-o-cha holds talks with top officials of four key economic institutions on the budget bill as the economy, which has been a regional leader over the past decade, stutters. Academics are calling for cuts in military…
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Proposal being prepared to raise the speed limit on Thai motorways up to 120 kph
Saksayam Chidchob, Thailand’s new transport minister, wants to raise the speed limit on main roads in Thailand to 120 kilometres per hour The proposal, just an idea at the moment, would mean four lane motorways and expressways would have an upper speed limit of 120 kilometres an hour, according to an article in Manager Online. Saksayam says he believes the…
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Make it a date – Thai public holidays in 2020
Public holiday dates are out for 2020 with a few waiting to be announced. But it might be the start of you working out your holidays to Tahiti and Acapulco for the next year. The new holidays commemorate Coronation Day (held in May this year), and the birthdays of the King and the new Queen. The birthdays for King Bhumibol…
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British Pound was close to the worst performing currency in the world
Nigel Green, the founder and CEO of the deVere Group, a leading independent international financial consultancy, says the GBP (Pound) is going to continue to be battered and bruised in the short-to-medium term, no matter who is leading the political fray. He spoke out after the Sterling dropped more than 4% yesterday in its worst performance since October 2016, based on…
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Moody’s upgrades most Thai banks’ credit ratings from ‘stable’ to ‘positive’
Moody’s Investors Service upgraded the Baseline Credit Assessments of eleven Thai banks (1) Bangkok Bank Public Company Limited (BBL) (2) Bank of Ayudhya (BAY) (3) CIMB Thai Bank Public Company Limited (CIMBT) (4) Export-Import Bank of Thailand (EXIMT) (5) Government Housing Bank of Thailand (GHB) (6) KASIKORNBANK Public Company Limited (KBank) (7) Krung Thai Bank Public Company Limited (KTB) (8)…
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Thai Department of Land Transport brings better tech into the classroom
The Department of Land Transport is going to use fingerprint scanners, e-classrooms and CCTV as it aims to improve standards in the country’s driving schools. There are 275 DLT certified driving schools in 66 provinces across Thailand. Privately operated, they are given DLT quality guidelines which they must follow to maintain the level of their training and testing procedures. DLT…
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British and Australian expats and tourists ponder the Thai baht
The British pound continues to sag against the strong Thai Baht. And things are predicted to worsen for British tourists and local expats relying on funds out of the UK, as analysts predict the GBP to drop further as the date approaches for a ‘no deal’ Brexit and the Thai Baht continues to surge. As of 11.30am Thai time, the…
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Thai Navy pushing Cabinet for a second Chinese submarine
The Royal Thai Navy say they want to purchase a second submarine valued at 12 billion baht from China. Under the NCPO military government the cabinet agreed with the navy’s plan in 2016 to buy three submarines from China valued at 36 billion baht. The purchases would be spread over 11 years. The navy says they’re now waiting for the…
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Expat group petitions Thai immigration to abolish TM30 form
A group of expats, representing foreigners living in Thailand for many years, has prepared a petition for affected expats to sign, before they present it to Thai Immigration and government officials. They are requesting changes to the enforcement of the controversial TM30 form. There is a link to their website at the bottom of the page where you can sign the…
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Super Poll report card on the first days of the new Thai Parliament
A Super Poll has published results of Thai’s thoughts on the first few days of the new Parliament. • 72% say they gained nothing from the debate in parliament on the government’s policy statement • 78.6% admit they did not believe political parties would fulfil their election pledges. • 27.2% of the respondents said they have benefitted from the debate…
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