News
FDI sluggish as investor mood dims
Foreign direct investment for the whole of 2016 is expected to grow by just 2.7%, indicating that confidence in the Thai economy remains fragile, says Vallop Vitanakorn, vice-chairman of the Federation of Thai Industries. He said the likely FDI growth of 2.7% is low when ...
Amendments to agricultural land ownership approved
The cabinet on October 18 approved amendments to the Agricultural Land Reform Act, which has been in force for 40 years, in a move to narrow land ownership disparity and maintain existing land for agriculture. Key amendments include permitting heirs who do not want to ...
Thai Lion Air's Ho Chi Minh City service gets green light
Thai Lion Air has received the green light from Vietnamese authorities to start a Bangkok-Ho Chi Minh City service that was earlier placed in doubt. Monday’s notification allows the Thai-registered low-cost carrier to maintain its planned flight timetable with the maiden service set to launch ...
Authorities to crack down on spread of ‘false information'
Security and domestic affairs authorities have been told to strictly enforce relevant laws to suppress ongoing spreading of false information and rumours via social media following the passing of His Majesty the King. Deputy army spokesperson Col Sirichan Ngathong said that Army Chief General Chalermchai ...
Export optimism varies according to sector
Despite signs of a recovery in the export sector, Thai manufacturers and exporters have been encouraged to focus more on product development, brand recognition, and adding value to enhance competitiveness in global markets. For the rest of this year, exporters expect exchange-rate fluctuations will still ...
Royalties to include rentals under new Thailand-Singapore double tax rules
The New Double Tax Agreement between Thailand and Singapore becomes effective on January 1, 2017. If a Thai resident company has an outstanding rental payable to a Singaporean resident company, they should consider settling the debt before the end of 2016 in order to utilise ...
After Thai King Bhumibol's death, succession may be delayed
On October 13, news broke that Thailand’s 88-year-old king, Bhumibol Adulyadej, died after suffering complications from hemiodialysis treatment at Bangkok’s Siriraj hospital. King Bhumibol, the world’s longest reigning monarch, was revered as a demi-god and, for most Thai citizens, was the only monarch they had ...
Thailand forever altered as King Bhumibol Adulyadej dies
After seven decades, the longest-serving monarch in the world has died. Southeast Asia Globe looks back at King Bhumibol Adulyadej’s reign. Thailand’s King Bhumibol Adulyadej, the longest-reigning monarch in the world and the ninth ruler in the unbroken Chakri dynasty, is dead. A reign that ...
Authorities told to tackle water pollution to prevent deaths of aquatic animals
Dr Nantarika Chansue, head of the Veterinary Medical Aquatic Animal Research Centre at Chulalongkorn University, said on October 12 it was too late to do anything about the recent deaths of giant freshwater stingrays but authorities could work to restore the water quality in the ...
Ministry skips meeting on rice-pledging crackdown
The initial meeting of state agencies intended to expedite cases related to the previous government’s rice-pledging scheme failed to proceed on October 10 after Finance Ministry staff did not show up. Justice Minister Paiboon Koomchaya, who was to chair the meeting, said he did not know why ...
