Tag Archives: asia deflation

Thursday’s News-July 20

  • Parliament Prevents Leader of Party That Won Election From Being Renominated for Prime Minister/
  • Parliament to meet again July 27 to select prime minister/
  • Pheu Thai primed to form government/
  • Thai Establishment Plays with Fire/
  • Thai business leaders express concern over political instability/
  • 16th World Dragon Boat Racing Championships in Pattaya Aug 7-13/
  • Alibaba injects $845M into SE Asia unit Lazada/
  • ‘Aem Cyanide’ and accomplices indicted/
  • Russian Women Arrested in Phuket for Allegedly Providing Salon Services/
  • Expressway tolls likely to rise by 5 baht/
  • Economy: ADB revises up Thailand’s GDP growth forecast for this year/Deflation might be here, that’s not good/Top sourcing trade fair Mega Show comes to Bangkok/
  • Tourism: Thai Cabinet Approves 24/7 Operation of Entertainment Venues in EEC Areas, Including Pattaya/CISSA introduces newly launched medical wellness resort in Phuket/Phuket ravaged by extreme weather, causing traffic chaos and safety concerns/
  • International: Millions hit by extreme heat on three continents/Netflix adds 6 million subscribers after password crackdown/
  • Links: Calendar of events/Airport schedule/Bangkok airport bus schedule/Hua Hin-Pattaya bus schedule/Air pollution index map/90-day online report/driver’s license/Market Village and Bluport cinemas/Emergency numbers

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Parliament Prevents Leader of Party That Won Election From Being Renominated for Prime Minister

In a day that was bitterly disappointing for Move Forward Party (MFP) supporters and prime minister candidate Pita Limjaroenrat, the leader of the MFP, was suspended from his duties as a MP and denied the chance for a second vote to become prime minister.

Limjaroenrat, 43, and his party won the most seats in the House of Representatives in the last Thai election and formed a coalition with seven other parties, including Pheu Thai, who was a close second in number of MP seats. This coalition was determined to form a government with Pita as the PM, but multiple factors prevented this. Continued … 

Parliament to meet again July 27 to select prime minister

Another joint sitting of the House and Senate, for the selection of Thailand’s new prime minister, has been scheduled for 9.30am on Thursday, July 27, House speaker Wan Muhamad Noor Matha said Wednesday night.

He said that the meeting will begin with the nomination by political parties of prime ministerial candidates, followed by a debate on the qualifications of the nominees, which must be completed by 5pm, after which there will be a roll call vote. Continued …

Pheu Thai primed to form government

The Pheu Thai Party has emerged in pole position to form a new government after parliament on Wednesday rejected a bid to renominate Move Forward Party (MFP) leader Pita Limjaroenrat for a prime ministerial vote, citing a parliamentary meeting regulation.

After more than seven hours of debate on whether Regulation No.41 could be enforced against Pita’s renomination, a majority of a joint sitting of MPs and senators voted in favor of the regulation. Continued …

Thai Establishment Plays with Fire

As political negotiations over the formation of a new Thai government continue, it is becoming more and more likely that a compromise candidate from the Pheu Thai party will be nominated as prime minister.

On July 13, the Thai parliament voted against confirming Move Forward leader Pita Limjaroenrat despite the fact that his party won a plurality in the May national elections. This outcome does not respect the electorate’s wishes, which overwhelmingly voted for opposition pro-democracy parties that advocated for genuine change in Thai society, including the potential reform of the lese-majeste law that protects the monarchy from scrutiny. Continued …

Thai business leaders express concern over political instability

Jitters are escalating among the business community in light of the Constitutional Court’s directive yesterday calling for the temporary removal of Pita Limjaroenrat, head of the Move Forward Party (MFP), from his role as a member of the House of Representatives.

This development marks another detrimental blow for Pita, notwithstanding his party’s extraordinary election accomplishments, spurring fears of an imminent rise of extensive street demonstrations. Continued …

16th World Dragon Boat Racing Championships in Pattaya Aug 7-13

Rowing and Canoeing Association of Thailand (RCAT) and International Dragon Boat Federation (IDBF) will host the 16th World Dragon Boat Racing Championships at Marb-Pra-Chan Reservoir, Pattaya City, Chonburi province Aug. 7-13.

At the world-class sport event, you will have a chance to be a part of one of the most thrilling sport events ever arranged in Thailand and to cheer your favorite national dragon boat racing teams from across the world. Continued …

Alibaba injects $845M into SE Asia unit Lazada

Alibaba Group Holding Ltd injected US$845 million into Lazada, its online retail business in Southeast Asia that is facing intensifying competition from rivals such as Sea Ltd and Amazon.com Inc.

The capital infusion, disclosed in a regulatory filing in Singapore on Wednesday, brings the total that Alibaba has invested in the arm to several billion dollars since it gained control over the business in 2016. Continued …

‘Aem Cyanide’ and accomplices indicted

Prosecutors have handed down the first indictments in the case of Sararat “Aem Cyanide” Rangsiwuthaporn, who is accused of poisoning 14 people to death.

Charges of attempted murder and colluding in theft have been pressed against Sararat, 35, her ex-husband Police Lt. Col. Withoon Rangsiwuthaporn, 39, and her lawyer Thanicha Aeksuwannawat, 35. Continued …

Russian Women Arrested in Phuket for Allegedly Providing Salon Services

Three Russian women were arrested in Thalang for allegedly providing salon and nail services, which is a protected occupation only for Thai people.

Lt. Col. Tawan Lekmart of the Cherng Talay Police said they and Phuket Immigration officers on Tuesday arrested three Russian women who were identified only as Ms. Mazhitova, 22, Ms. Moiseenko, 32, and Ms. Nesterova, 26, at a salon in Cherng Talay. Continued …

Expressway tolls likely to rise by 5 baht

The Expressway Authority of Thailand (Exat) is to consider hiking toll fees of three expressways by 5 baht, in line with rising inflation, during its board meeting next Tuesday, a source familiar with the matter said.

The Burapha Withi and Chalong Rat expressways come under the infrastructure investment agreement of Thailand Future Fund (TFFIF), which allows adjustment of the toll fee every five years based on inflation and the consumer price index. Continued …

ADB revises up Thailand’s GDP growth forecast for this year

In its latest Asian Development Outlook report, the Asian Development Bank (ADB) said that developing Asia-Pacific countries can be expected to expand by 4.8% this year.

The report released on Tuesday shows that the project remains unchanged from ADB’s previous estimate in April. Economies in the region had shown 4.3% growth in 2022 thanks to robust domestic demand. Continued …

Deflation might be here, that’s not good

Most people think deflation is a welcome phenomenon, as it means lower consumer prices. But for experienced economists, it is the most feared economic indicator, because it signals an economic downturn, leading to a recession or depression.

So, when news agency Bloomberg published a headline early this month: “China slides to brink of deflation, adding stimulus urgency,” it sent shivers throughout China’s economic community, fearing stagnation and the holding back of investments. Continued …

Top sourcing trade fair Mega Show comes to Bangkok

Economic growth in the Association of Southeast Asian Nations, or ASEAN, which has been on the rise over the past several years, is attracting global attention, positioning the bloc as a potential trade hub in the region.

Both urban expansion and exponential economic growth are helping country members, namely Thailand, Indonesia, the Philippines, Malaysia, Singapore, Cambodia, Vietnam, Myanmar, Lao PDR, and Brunei. to raise their standard of living on a continuous basis, as evidenced by their growing consumption trends. Continued …

Thai Cabinet Approves 24/7 Operation of Entertainment Venues in EEC Areas, Including Pattaya

The Thai Cabinet has approved a proposal to allow nightlife venues in the Eastern Economic Corridor (EEC) area to operate 24 hours a day to meet the growing needs of tourists. This includes the popular tourist city of Pattaya with thousands of entertainment venues.

However, before you get too excited, the regulation is not yet official and needs approval from regional and local leaders, along with guidelines and regulations for the change. No timeline for this has been set. Continued …

CISSA introduces newly launched medical wellness resort in Phuket

CISSA Group, a Thailand investment property developer, unveiled the grand opening of “World-Class Wellness” at Wyndham Grand Nai Harn Beach Phuket.

The hotel features 353 luxurious rooms of various styles, complete with top-notch facilities and services that promise an unmatched vacation experience. Continued …

Phuket ravaged by extreme weather, causing traffic chaos and safety concerns

Extreme weather conditions are continuing to wreak havoc in Phuket. Ferocious winds toppled numerous trees, resulting in significant blockages yesterday. These unexpected weather conditions have caused travel disruption across the island and two cleanup teams have been dispatched to counter the impact.

A sizable tree that fell on Soi Vachira, near Vachira Phuket Hospital in Phuket Town, was one of the major obstructions reported. It took several hours for municipal workers to safely clear the heavy tree, allowing a return to normal traffic movement in the area. Continued … 

Millions hit by extreme heat on three continents

Millions suffered through intense heat Wednesday as fires raged, health worries mounted and the world appeared headed for its hottest month of July on record. Continued …

Netflix adds 6 million subscribers after password crackdown

Netflix on Wednesday said subscriptions to the media streaming service climbed by nearly 6 million in the wake of its crackdown on password sharing. The streaming giant finished the recently ended quarter with a total of 238 million subscribers and a profit of US$1.5 billion, according to an earnings release. Continued …

Hua Hin-Suvarnabhumi bus schedule

  • Leaving Hua Hin: 6am, 8am, 10am, 11am, 12:00, 2pm, 4pm, 5:10pm, and 6pm
  • Leaving Suvarnabhumi: 7:30am, 9:30am, 10:30am, 12:00, 1pm, 2:30pm, 4pm, 5pm, and 6:30pm

The one-way fare is 325 baht.

The VIP bus service from Hua Hin to Suvarnabhumi Airport has a new Cha Am boarding location in front of Government Savings Bank.

Hua Hin-Pattaya bus service twice a day

Hua Hin now has once-daily bus service to Pattaya, leaving Hua Hin at 9am and departing from Pattaya at 8am. Tickets are 473 THB.

Tickets can be bought in person at the Hua Hin bus station or online. Buses depart from the Hua Hin bus station and in front of Government Savings Bank, Cha Am.. Tickets 

Hua Hin-Chaing Mai flight schedule through October

Book a flight

 

90-day online reporting

Emergency hotline numbers:

  • Emergency hotline – 191
  • Emergency medical services – 1554
  • Water accident – 1196
  • Motorway hotline – 1586
  • Emergency medical – 1669
  • Highway police – 1193
  • Tourist police – 1155
  • Bus ticket – 1490
  • Department of Hughways – 1586
  • State Railway – 1590