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Thailand Live Monday 18 Nov 2019

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Karaoke bar owner found hanged, partner blames debt

By Eakkapop Thongtub

 

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Rescue workers cut down the electrical cord. Photo: Eakkapop Thongtub

 

PHUKET: The body of a 46-year-old owner of a karaoke bar in Srisoonthorn was found hanged in the venue’s kitchen last night (Nov 17). Her male partner has blamed ongoing debt troubles as the motivation for the apparent suicide, but police are continuing their investigation.

 

Full story: https://forum.thaivisa.com/topic/1134522-karaoke-bar-owner-found-hanged-partner-blames-debt/

 

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Thai economic growth remains fragile as GDP expands just 2.4 per cent

By The Nation

 

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Thai economic growth remains fragile.

 

The National Economic and Social Development Council today (November 18) reported that gross domestic product expanded by 2.4 per cent, in the third quarter of 2019 compared to a rise of 2.3 per cent in the second quarter, driven mainly by increases in private and government final consumption expenditure and investment.

 

Full story: https://forum.thaivisa.com/topic/1134527-thai-economic-growth-remains-fragile-as-gdp-expands-just-24-per-cent/

 

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Large leatherback turtle lays eggs on Thai Mueang Beach

By Tanyaluk Sakoot

 

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The turtle laid 104 eggs, of which 85 were were believed to be fertile and taken into care for hatching. Photo: DMCR

 

PHUKET: A leatherback sea turtle measuring nearly two metres long was found laying eggs on Thai Mueang Beach, north of Phuket in Phang Nga province,

 

Full story: https://forum.thaivisa.com/topic/1134533-large-leatherback-turtle-lays-eggs-on-thai-mueang-beach/

 

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Krabi much in demand by international air carriers

By The Nation

 

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The Department of Airports said last week that several international airlines have requested permission for new flight routes as well as to increase their flights to Krabi International Airport.

 

Full story: https://forum.thaivisa.com/topic/1134539-krabi-much-in-demand-by-international-air-carriers/

 

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Central bank insists LTV measure helps regulate property prices

By THE NATION

 

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Applications for property loans in the third quarter witnessed a rise, which has led to the conclusion that the Bank of Thailand’s loan to value (LTV) ratio, which came into effect in April, does not prevent people from buying their first home, BOT assistant governor of financial institutions stability Ronnadol Numnonda said on Monday (November 18).

 

Full story: https://forum.thaivisa.com/topic/1134553-central-bank-insists-ltv-measure-helps-regulate-property-prices/

 

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Karon residents receive financial assistance for last month’s floods in Phuket

By The Thaiger

 

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PHOTO: siangtai.com

 

Following the unexpected localised floods around Phuket on October 31, particularly around the Karon area, affecting 400 houses, a group of government officials, local businesses and monks pooled their resources to help the victims.

 

Full story: https://forum.thaivisa.com/topic/1134555-karon-residents-receive-financial-assistance-for-last-month’s-floods-in-phuket/

 

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PM stresses legitimacy for using Social Security funds as loans

 

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BANGKOK (NNT) - A recent proposal from the Prime Minister has been in focus after he ordered related agencies to study the feasibility of using Social Security funds as loans for investment. The Prime Minister has stressed that this idea must me thoroughly considered and comply with the law.

 

Full story: https://forum.thaivisa.com/topic/1134558-pm-prayut-stresses-legitimacy-for-using-social-security-funds-as-loans/

 

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Bangkok lights up Bang Rak, and Red Cross Fair

 

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BANGKOK (NNT) - Some 40 illuminations and artworks have been installed in Bang Rak and Charoenkrung neighborhoods of Bangkok by the Tourism Authority of Thailand and Time Out Bangkok magazine, attracting locals and visitors to come out and take photos at night.

 

Full story: https://forum.thaivisa.com/topic/1134559-bangkok-lights-up-bang-rak-and-red-cross-fair/

 

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China calls on U.S. to 'stop flexing muscles' in South China Sea

By Phil Stewart

 

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FILE PHOTO: China's Defense Minister General Wei Fenghe reviews the honor guard before meeting with Brazil's Defence Minister Fernando Azevedo e Silva (not pictured) in Brasilia, Brazil September 6, 2018. REUTERS/Adriano Machado

 

BANGKOK (Reuters) - China on Monday called on the U.S. military to stop flexing its muscles in the South China Sea and to avoid adding "new uncertainties" over Taiwan, during high-level talks that underscored tension between the world's two largest economies.

 

Full story: https://forum.thaivisa.com/topic/1134561-china-calls-on-us-to-stop-flexing-muscles-in-south-china-sea/

 

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Automation scares those with fewer opportunities for upskilling: survey

By THE NATION

 

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Vilaiporn Taweelappontong, Consulting Lead Partner at PwC Thailand

 

People given fewer opportunities to learn new digital skills are more fearful of the impact of automation, and are more likely to have lower levels of education, according to research conducted by PwC research covering more than 22,000 adults across 11 countries and building on PwC’s economic analysis on the impact of automation on jobs.

 

Full story: https://forum.thaivisa.com/topic/1134566-automation-scares-those-with-fewer-opportunities-for-upskilling-survey/

 

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First frost of the year appears on Doi Inthanon, Chiang Mai

By THE NATION

 

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The first frost of the year was seen this morning (November 18) on Inthanon Mountain in Chiang Mai’s Jomthong district where the overnight temperature plummeted to 4°C, signaling that, in the North at least, winter is officially here.

 

Full story: https://forum.thaivisa.com/topic/1134567-first-frost-of-the-year-appears-on-doi-inthanon-chiang-mai/

 

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Thai central bank chief says 'very worried' about strength of baht

 

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FILE PHOTO: Thailand's Central Bank Governor Veerathai Santiprabhob poses during an interview with Reuters at the Bank of Thailand headquarters in Bangkok, Thailand, April 1, 2019. REUTERS/Athit Perawongmetha/File Photo

 

BANGKOK (Reuters) - The strength of Thailand's baht is a concern for the trade-reliant economy which is expected lag the central bank's growth forecast for this year, the Bank of Thailand governor said on Monday.

 

Full Story: https://forum.thaivisa.com/topic/1134582-thai-central-bank-chief-says-very-worried-about-strength-of-baht/

 

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Thai banks target loan growth of 3-5% this year - central bank

 

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FILE PHOTO: Thai baht notes are seen at a Kasikornbank in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha

 

BANGKOK (Reuters) - Commercial banks are aiming for loan growth of 3-5% this year, with lending seen picking up in the final quarter, a senior director at the Bank of Thailand said on Monday.

 

Full Story: https://forum.thaivisa.com/topic/1134583-thai-banks-target-loan-growth-of-3-5-this-year-central-bank/

 

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No asset bubble in Thailand, says state think-tank

By THE NATION

 

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Danucha Pichayanan

 

World Economic Forum (WEF), in coordination with Marsh & McLennan Companies and Zurich Insurance Group, has compiled "Regional Risks for Doing Business reports (2018-2019)", with the latest one up for discussions at the WEF annual meeting in Davos, Switzerland in January 2020, said Danucha Pichayanan, deputy secretary general of Office of the National Economic and Social Development Council (NESDS).

 

Full Story: https://forum.thaivisa.com/topic/1134584-no-asset-bubble-in-thailand-says-state-think-tank/

 

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