Australian Embassy Updates

Daily Updates on COVID-19

Headlines summary as of 14 July 2022

KEY ISSUES AT A GLANCE

  • Doping up real estate to revive the economy.  At the Property Inside 2022 seminar, Finance Minister Arkhom said the government will soon roll out the Long Term Resident (LTR) Visa to attract high-spending foreigners to invest in Thailand’s property market, noting that the real estate sector contributes 8-9 percent to Thailand’s GDP.  As part of the LTR visa, Ministry of Interior is considering lifting the 49 percent foreign ownership quota for condominiums, but noted that in Bangkok, the 49 percent quota is not met since foreigners own only about 7 percent of condominiums.  Interior Ministry is therefore working around this issue, but added that it is planning to lower transfer and mortgage fees for properties worth more than 3 million Baht to 0.01 percent.  Source:  Thansettakij Print Edition    
  • “Charging station” package booming for EV market.  After the government has launched incentives in support of Electric Vehicles (EV) for cars, motorcycles and pick-up trucks, the focus is now on promoting investments in charging stations.  Ministry of Energy together with the state-run PTT and Bangchak gas stations are joining the effort to build more charging stations and help the government achieve its goal of installing 12,000 charging machine by 2030, wherein only 944 charging machine are currently installed.  The EV National Committee chaired by DPM Supattanapong has also instructed the BOI to launch more incentives to attract investments in the manufacturing of EV batteries and charging stations.  Source:  Krungthep Turakij Print Edition    
  • Doubt over Setthakij Thai clout. Analysis: Some of its MPs may quit as leader is seen as self-interested. Some are asking what if any role the Setthakij Thai Party led by Thamanat Prompow can play in overthrowing the government in the upcoming no-confidence debate. Setthakij Thai, with 16 MPs under its wing, has raised the political temperature after Capt Thamanat on Tuesday formally withdrew support from the coalition and vowed to vote against Prime Minister Prayut Chan-o-cha and 10 cabinet ministers targeted in the censure motion. Capt Thamanat did not rule out the possibility of returning to Pheu Thai, saying in politics anything was possible. Source: Bangkok Post Print Edition    

AUSTRALIA IN THE NEWS

  • Australia unemployment dives to 48-year low as jobs boom. SYDNEY :Australia’s unemployment rate dived to a 48-year low in June as hiring outstripped all expectations, while record vacancies suggested the labour market was set to tighten yet further and perhaps justify even larger increases in interest rates. Figures from the Australian Bureau of Statistics on Thursday showed net employment had surged 88,400 in June from May, when it jumped 60,600. That blew away market forecasts of a 30,000 rise in June and brought gains for the year to a rousing 438,000. The jobless rate slid to 3.5 per cent from 3.9 per cent, well below forecasts of 3.8 per cent and the lowest since August 1974. Source: Channel News Asia.
  • Australia PM ‘confident’ no Chinese navy base planned for Solomon Islands. Australian Prime Minister Anthony Albanese says he is “very confident” there won’t be a Chinese military base built in the Solomon Islands, after meeting with Solomons’ leader Manasseh Sogavare. Albanese and Prime Minister Sogavare embraced warmly ahead of discussions on the sidelines of the Pacific Islands Forum in Fiji on Wednesday afternoon, their first meeting since the Australian leader was elected in May. Australia has been a close security and economic partner of the Solomon Islands but the relationship was shaken in April by news that the Pacific nation had signed a security agreement with the Chinese government. Source: Japan Times

GENERAL

  • ‘Rampaging’ bus No 8 to be removed from Bangkok roads soon. The notorious public bus No 8 will soon be removed from roads after the Bangkok Mass Transit Authority (BMTA) refused to extend its concession contract, a source said on Tuesday. The move came after the operators failed to meet new service and safety standards under the BMTA reform plan, according to the source. Plying the route between Memorial Bridge at Victory Monument and Happy Land in eastern Bangkok, the No 8 has become synonymous with reckless driving, road accidents and bad-tempered staff. Source: The Nation
  • Cop in businessman robbery surrenders. The deputy superintendent of the Provincial Police Region 1’s General Staff Division turned himself in to police on Wednesday after he was implicated in the kidnapping of a Singaporean businessman and robbing him of valuables, including a Porsche, last month. Pol Lt Col Thobthong Boonlong, deputy superintendent of General Staff Division’s subdivision 5, Provincial Police Region 1, surrendered after he was implicated in forcing the victim from an entertainment venue in Bangkok’s Huai Khwang area and robbing him. He denied all charges. Kilis Bootwat, 35, another alleged accomplice, also surrendered. Source: Bangkok Post

COVID/ HEALTH

POLITICS

  • Bangkok city councillor facing sexual harassment charges. Move Forward city councillor Arnuparb Tarntong reported to police on Wednesday to acknowledge and deny sexual harassment charges brought by four young women, all party supporters, and was later granted court bail. The 38-year-old councillor for Sathorn district was officially informed of the charges filed on Tuesday by two 16-year-olds and two 18-year-olds, at Thung Mahamek police station. He was later taken to Bangkok South Criminal Court, where police applied to further detain him. Mr Arnuparb is the second politician this year to find himself battling charges of sexual molestation. The other is  Prinn Panitchpakdi, a former deputy leader of the Democrat Party. Source: Bangkok Post
  • Doubt over Setthakij Thai clout. Analysis: Some of its MPs may quit as leader is seen as self-interested. Some are asking what if any role the Setthakij Thai Party led by Thamanat Prompow can play in overthrowing the government in the upcoming no-confidence debate. Setthakij Thai, with 16 MPs under its wing, has raised the political temperature after Capt Thamanat on Tuesday formally withdrew support from the coalition and vowed to vote against Prime Minister Prayut Chan-o-cha and 10 cabinet ministers targeted in the censure motion. Capt Thamanat did not rule out the possibility of returning to Pheu Thai, saying in politics anything was possible. Source: Bangkok Post Print Edition    

ECONOMICS

  • Carmakers adjust plans to invest more in charging stations. The Chinese players MG plans to set up 500 charging stations in every 150 km along the main routes, while Great Wall eyes establishing 100 stations.  Next year, Mercedes-Benz and BMW also plan to focus on partnering up with specialised companies to construct more charging stations. Source: Krungthep Turakij Print Edition
  • Government insists on FTA negotiation after Sri Lanka sets up new team.  Negotiations for the Thailand-Sri Lanka FTA is suspended due to Sri Lanka’s internal turmoil and the ensuing change in government.  Negotiations between both countries will not resume until the reshuffling of Sri Lanka’s trade negotiation team is finalised. Source: Thairath
  • SMEs call for suspension of planned fuel tariff increase. The Federation of Thai SMEs is asking the government to delay an increase in the fuel tariff (Ft) scheduled for September as they struggle to stay afloat amid economic problems.  Thais should expect pricier electricity bills, with the power tariff increasing to a record high of 4.4 baht per kilowatt-hour between September and December this year.  The higher power tariff results from the need to import more LNG, which is costly but currently serves as a key fuel for electricity generation.  SME Federation urges authorities to find ways to set a ceiling for the Ft to alleviate the pain of SMEs. Source: Bangkok Post
  • TAT cautiously upbeat on domestic trips.  Inflation and volatile oil prices remain the key factors hitting domestic trips, despite positive travel sentiment during the 5-day weekend for government employees, according to the Tourism Authority of Thailand.  The number of domestic trips is expected to reach 3.7 million during Asarnha Bucha Day and the start of Buddhist Lent from July 13-17, generating 14.3 billion baht. Source: Bangkok Post
  • Doping up real estate to revive the economy.  At the Property Inside 2022 seminar, Finance Minister Arkhom said the government will soon roll out the Long Term Resident (LTR) Visa to attract high-spending foreigners to invest in Thailand’s property market, noting that the real estate sector contributes 8-9 percent to Thailand’s GDP.  As part of the LTR visa, Ministry of Interior is considering lifting the 49 percent foreign ownership quota for condominiums, but noted that in Bangkok, the 49 percent quota is not met since foreigners own only about 7 percent of condominiums.  Interior Ministry is therefore working around this issue, but added that it is planning to lower transfer and mortgage fees for properties worth more than 3 million Baht to 0.01 percent.  Source:  Thansettakij Print Edition
  • “Charging station” package booming for EV market.  After the government has launched incentives in support of Electric Vehicles (EV) for cars, motorcycles and pick-up trucks, the focus is now on promoting investments in charging stations.  Ministry of Energy together with the state-run PTT and Bangchak gas stations are joining the effort to build more charging stations and help the government achieve its goal of installing 12,000 charging machine by 2030, wherein only 944 charging machine are currently installed.  The EV National Committee chaired by DPM Supattanapong has also instructed the BOI to launch more incentives to attract investments in the manufacturing of EV batteries and charging stations.  Source:  Krungthep Turakij Print Edition

For further information please see the embassy’s Facebook Page ‘Australian Embassy, Thailand’ or the Ambassador’s Twitter Page https://twitter.com/AusAmbBKK

Headlines summary as of 5 July 2022

KEY ISSUES AT A GLANCE

  • Albanese pledges extra $100m and more military aid on Ukraine visit. The prime minister met President Volodymyr Zelensky in Kyiv during a surprise trip on Sunday. He earlier toured the devastated towns of Bucha and Irpin, describing what he saw as a “war crime”. The aid package, worth 100m Australian dollars ($68m; £56m), includes drones and 34 additional armoured vehicles. Mr Albanese also announced sanctions and travel bans on a further 16 Russian ministers and oligarchs and an end to imports of Russian gold. Source: Khaosod, Matichon Weekly
  • Party-list voting to face fresh scrutiny. Parliament set to examine changes to organic poll laws. A fierce debate is expected in parliament on Tuesday as MPs and senators hold a joint session to examine proposed amendments to two organic laws aiming to accommodate a dual-ballot election system following second and third readings. The bills, which have been vetted by the House-Senate committee, deal with political parties and the elections of MPs, and its contents divide lawmakers. One key issue is the calculation method for party-list votes. The majority of the scrutiny committee has opted for the use of 100 to calculate the number of party-list votes gained by all parties nationwide as proposed by major parties. Meanwhile, small parties argue for the use of 500 to calculate party-list seats, with 11 minority committee members asking to address the chamber on this point. Source: Bangkok Post
  • Inflation is unstoppable and soared by 7.66 percent in June.  Kasikorn Thai expects it to peak in August.  Ministry of Commerce revealed that the 7.66 percent rise in inflation in June is the highest in 13 years, attributable to the rise in energy price such as fuel, electricity and cooking gas that account for 61.83 percent of the June inflation.  Food and non-alcoholic beverages also reported a 6.42 percent inflation and accounted for 34.27 percent of June’s inflation.  Kasikornbank added that inflation will peak in August at close to 9 percent as energy price remains an important component.  Commerce Ministry anticipates that inflation in Q3 will continue to grow at the same rate as Q2.  For 2022, inflation is expected at 4.5 percent. Source: Prachachat Turakij, Krungthep Turakij
  • AIS preparing deal to acquire TTTBB, JASIF.  AIS announced its plan to acquire fixed broadband provider Triple T Broadband (TTTBB) and Jasmine Broadband Internet Infrastructure Fund (JASIF) for 32.4 billion Baht in a bid to drive growth in the broadband internet frontier and add business value.  Expert believes this is likely to AIS’s move in response to the merger between True and DTAC.  The National Broadcasting and Telecommunications Commission (NBTC) will set up a panel to scrutinise AIS’s deal.  The Thailand Development Research Institute commented that if both mega-merger deals go through, the telecommunication market will follow the monopolistic paths of other Thai markets such as movies, retail and hospitals.  Small businesses and Thai consumers would be the most affected.  Source:  Bangkok Post, The Nation, Channel News Asia

GENERAL

  • Unused overhead cables in Bangkok to be removed this year. Unused overhead cables in 16 districts of inner Bangkok will be removed this year in a new bid to speed up the process of moving all overhead cables into underground ducts, according to a decision adopted at a meeting today (Monday) between the Ministry of Digital Economy and Society, the Bangkok Metropolitan Administration (BMA), the National Broadcasting and Telecommunications Commission (NBTC) and National Telecom Public Company (NT). According to the decision today, unused and redundant overhead cables, covering 800km, will be removed. The work will be undertaken by the telecom service providers, who own the cables at their own cost. For active cables, which are to be relocated underground, the meeting agreed to form a panel, comprising representatives of the BMA, NBTC, NT and Krungthep Thanakom, an investment arm of the BMA, to reconsider rental fees for the use of underground ducts. Source: Thai PBS World
  • 40 tonnes of drugs to go up in smoke this week. The Food and Drug Administration (FDA) and narcotics suppression authorities on Monday inspected more than 40 tonnes of confiscated illegal drugs worth over 34.6 billion baht before they are incinerated at a designated facility this week. The illicit narcotics, which were kept in FDA storage, will be destroyed on Tuesday and Wednesday at a facility in Samut Prakan’s Bang Pu industrial estate. The total is made of 23,365kg of methamphetamine pills, 14,482kg of crystal methamphetamine or ice, 738kg of heroin, 29kg of opium and 4kg of ecstasy. The remaining drugs were other psychoactive substances. Source: Bangkok Post

AUSTRALIA IN THE NEWS

  • Australia floods worsen as thousands more Sydney residents evacuate. SYDNEY, July 5 (Reuters) – Torrential rains kept battering Australia‘s east coast on Tuesday, intensifying the floods crisis in Sydney as thousands more residents were ordered to leave their homes overnight after rivers swiftly rose past danger levels. About 50,000 residents in New South Wales, the bulk in Sydney‘s western suburbs, have been told to either evacuate or warned they might receive evacuation orders, up from Monday’s 30,000, state Emergency Management Minister Steph Cooke said. An intense low-pressure system off Australia‘s east coast brought heavy rains with several places receiving about a month’s worth since Saturday. Source: Thai PBS World
  • Albanese pledges extra $100m and more military aid on Ukraine visit. The prime minister met President Volodymyr Zelensky in Kyiv during a surprise trip on Sunday. He earlier toured the devastated towns of Bucha and Irpin, describing what he saw as a “war crime”. The aid package, worth 100m Australian dollars ($68m; £56m), includes drones and 34 additional armoured vehicles. Mr Albanese also announced sanctions and travel bans on a further 16 Russian ministers and oligarchs and an end to imports of Russian gold. Source: Khaosod, Matichon Weekly

COVID/ HEALTH

  • 1,917 new cases and 18 deaths. Source: Department of Disease Control, Ministry of Public Health
  • BA.4 and BA.5 COVID sub-variants may become dominant in Thailand. Medical Sciences Department Director-General Dr. Supakit Sirilak has predicted that the COVID-19 Omicron BA.4 and BA.5 sub-variants are likely to become dominant in Thailand, after random testing of 948 Omicron cases last week showed 489 BA.4 and BA.5 infections, 447 BA.2 infections, 10 BA.1 and two B.1.1.529 infections. He said that there is, however, only limited information about the severity of the BA.4 and BA.5 sub-variants, but warned that those who have recovered from a COVID-19 can be re-infected, due to the easy transmissibility of the two sub-variants. He said that the BA.2.75 sub-variant has not yet been detected in Thailand. Source: Thai PBS World

POLITICS

  • Party-list voting to face fresh scrutiny. Parliament set to examine changes to organic poll laws. A fierce debate is expected in parliament on Tuesday as MPs and senators hold a joint session to examine proposed amendments to two organic laws aiming to accommodate a dual-ballot election system following second and third readings. The bills, which have been vetted by the House-Senate committee, deal with political parties and the elections of MPs, and its contents divide lawmakers. One key issue is the calculation method for party-list votes. The majority of the scrutiny committee has opted for the use of 100 to calculate the number of party-list votes gained by all parties nationwide as proposed by major parties. Meanwhile, small parties argue for the use of 500 to calculate party-list seats, with 11 minority committee members asking to address the chamber on this point. Source: Bangkok Post
  • Panel names Chotiwat as new Supreme Court chief. The Judicial Commission has appointed Chotiwat Luengprasert as the country’s 48th Supreme Court president. Mr Chotiwat, who currently serves as president of the Labour Case Division of the Supreme Court, will succeed incumbent Piyakul Boonperm when she retires at the end of September. Mr Chotiwat, who is the most senior judge in line for the post, will serve as the Supreme Court president for one year before his mandatory retirement. Mr Chotiwat assumed several key posts including vice president of the Court of Appeal Region 1, chief justice of the Central Labour Court and president of the Court of Appeal Region 6 before being appointed president of the Labour Case Division of the Supreme Court. Source: Bangkok Post
  • Thanathorn to hand ‘Unlock Local’ petition to Parliament. The Progressive Movement says its national campaign for charter change to decentralise power has received enough public support to trigger a motion in Parliament. he 90-day “Unlock Local” campaign to amend Article 14 of the Constitution received 80,772 signatures between April 1 and June 30, Progressive Movement leader Thanathorn Juangroongruangkit announced on Monday. The amendment would shift power from central government to local administrative organisations (LAOs). The campaign is pushing for the following five changes; 1. LAOs to have power over all public services except national finance, military and foreign affairs; 2. Reduction of overlapping duties among LAOs, regional and central authorities; 3. LAOs to be allocated 50 per cent of the national budget; 4. LAOs to have full jurisdiction without intervention from regional and central authorities; 5. Local people to be able to participate in public hearings on important local issues, and to vote to remove local administrators. Citizen councils to be established to supervise budget planning and allocation. Source: The Nation
  • No house dissolution before APEC despite silence from prime minister. Thailand’s ruling party will not dissolve the house until after the final APEC meeting this November, according to sources inside the ruling party, and despite the prime minister refusing to comment on related questions. Prayut has come under increasing pressure from within his own party after the high profile departure of Thammanat and it is thought that he may splinter off and form his own party ahead of the next polls, whenever they are held. Source: Thai Enquirer

ECONOMICS

  • Inflation is unstoppable and soared by 7.66 percent in June.  Kasikorn Thai expects it to peak in August.  Ministry of Commerce revealed that the 7.66 percent rise in inflation in June is the highest in 13 years, attributable to the rise in energy price such as fuel, electricity and cooking gas that account for 61.83 percent of the June inflation.  Food and non-alcoholic beverages also reported a 6.42 percent inflation and accounted for 34.27 percent of June’s inflation.  Kasikornbank added that inflation will peak in August at close to 9 percent as energy price remains an important component.  Commerce Ministry anticipates that inflation in Q3 will continue to grow at the same rate as Q2.  For 2022, inflation is expected at 4.5 percent.  Source:  Prachachat Turakij, Krungthep Turakij
  • What is FTA Fund and who will gain from it?  On 28 June, the cabinet approved of the establishment of the FTA Fund, which aims to provide remedies for the agricultural manufacturing, manufacturing and service sectors that are affected by an FTA’s enforcement.  Ministry of Commerce had drafted the FTA Fund Act and will spend the next 3-4 months organising a public hearing before submitting the draft Act for the cabinet’s approval.  The 5-billion Baht FTA Fund will provide assistance through 2 formats, namely cash payout or revolving fund for the affected.  Source:  Thansettakij
  • Thailand commences FTA talks with Efta.  Thailand has kicked off the first round of FTA talks with the European Free Trade Association (Efta) from 28-30 June, in the hope that a deal could be reached within 2 years.  The negotiation panels agreed to discuss 16 topics and Efta will host the next round of bilateral meetings from Oct 31 to Nov 4 in Geneva, Switzerland.  Efta comprises Iceland, Liechtenstein, Norway and Switzerland.  Source:  Bangkok Post
  • AIS preparing deal to acquire TTTBB, JASIF.  AIS announced its plan to acquire fixed broadband provider Triple T Broadband (TTTBB) and Jasmine Broadband Internet Infrastructure Fund (JASIF) for 32.4 billion Baht in a bid to drive growth in the broadband internet frontier and add business value.  Expert believes this is likely to AIS’s move in response to the merger between True and DTAC.  The National Broadcasting and Telecommunications Commission (NBTC) will set up a panel to scrutinise AIS’s deal.  The Thailand Development Research Institute commented that if both mega-merger deals go through, the telecommunication market will follow the monopolistic paths of other Thai markets such as movies, retail and hospitals.  Small businesses and Thai consumers would be the most affected.  Source:  Bangkok Post, The Nation, Channel News Asia

OTHER

For further information please see the embassy’s Facebook Page ‘Australian Embassy, Thailand’ or the Ambassador’s Twitter Page https://twitter.com/AusAmbBKK

Headlines summary as of 4 July 2022

KEY ISSUES AT A GLANCE

  • Inflation poses biggest challenge to economic recovery.  Low-income groups and small businesses face strong impacts from the soaring inflation and potential interest rate hikes, wherein such situation may make it necessary for the government to continue its support for vulnerable groups.  Bank of Thailand said it was likely to slow down interest rate hike as the threat of inflation becomes more apparent despite economic recovery, which had resulted in the interest rate being pegged at the current historic low of 0.5 percent.  Source: Thai PBS World
  • Export gain could beat state target.  Export growth is expected to surpass the government’s forecast of 4-5 percent expansion in 2022 after a strong growth of +12.9 percent (valued at USD123 billion) in the first 5 months of this year, according to Commerce Ministry. In May, Thailand’s export grew by 10.5 percent YoY (valued at USD 25.5 billion), while imports increased by 24.2 percent (valued at USD27.4 billion), resulting in a trade deficit of USD1.87 billion.  Exports of industrial products exhibited growth, indicating that demand from major trading partners still grew despite the impact of the prolonged Russia-Ukraine conflict, inflation concerns and lockdowns in some Chinese cities.  Source:  Bangkok Post
  • US-led naval drills begin  amid tension. A major multinational naval exercise led by the US Navy has been launched in the Pacific with 25 other nations participating amid growing US-China tensions. US allies in the Indo-Pacific region including Japan, South Korea, Australia, New Zealand and the Philippines are participating in the biennial Rim of the Pacific exercise, regarded as the world’s biggest naval training starting from Wed last week, according to the US Navy. Source: Bangkok Post Print Edition
  • Karen refugees flee across border as Myanmar continues airstrikes. Thailand is gearing up for an influx of Karen refugees as the Myanmar army continues bombing Karen villages in the border town of Myawaddy. A Myanmar fighter jet bombed two villages on Saturday, killing three people and injuring three others. The injured have been sent across to Tak’s Phop Phra district for treatment. Of those killed, one held a Thai ID card, the second a card of hilltribe people and the third a 10-year stay permit. Refugees, meanwhile, have been streaming across the border, and as of press time, the number of people seeking shelter at the Ban Muen Rue Thai community had swollen to 255. Separately, Prime Minister Prayut Chan-o-cha said that Myanmar’s military government has offered an apology for its MiG-29 fighter jet straying into Thai airspace on Thursday. Prayut, who also doubles as the defence minister, has called on people to have faith that the Thai Army will successfully protect national sovereignty, adding the incident was “no big deal”. Source: The Nation, Bangkok Post

GENERAL

  • Bangkok administration may increase tree planting to two million. Due to the positive public response to the Bangkok Metropolitan Administration’s (BMA) plan to plant one million trees over four years, the target may be increased to two million trees, Bangkok Governor Chadchart Sittipunt said today (Sunday). The governor joined members of the public, including Canadian Ambassador Sarah Taylor, in planting 130 trees today at Wachira Benchathat Park (Rot Fai) Park. Today is Canada’s National Day. After designating Sundays as tree planting days in Bangkok, the governor said he is pleased that about 1.3 million trees have already been offered by the people of Bangkok, adding that he might increase the target to two million. Source: Thai PBS World
  • Heavy rains can bring flash floods to 23 provinces, including Bangkok. A strong southwest monsoon prevailing over the Andaman Sea and the Gulf of Thailand will possibly hit 23 provinces with flash flooding on Monday and Tuesday. The Disaster Prevention and Mitigation Department said heavy rainfall over the two days may increase water levels and cause rivers to overflow. Hence, it said, residents should monitor water levels closely and follow weather forecasts provided by the Thai Meteorological Department. Provinces facing the risk of flash floods include Bangkok, Samut Sakhon, Samut Songkhram, Samut Prakan, Chachoengsao, Chonburi, Rayong, Chanthaburi, Trat, Phetchaburi, Prachuap Khiri Khan, Chumphon, Surat Thani, Nakhon Si Thammarat, Songkhla, Pattani, Narathiwat, Ranong, Phang Nga, Phuket, Krabi, Trang and Satun. Source: The Nation

AUSTRALIA IN THE NEWS

  • Thousands ordered to evacuate from Sydney floods. AFP – Australia’s emergency services ordered thousands of people in Sydney to evacuate Monday as overflowing rivers swamped swathes of land and the city’s largest dam spilled torrents of water. On the third day of torrential rains on the east coast, rescuers said they had saved about 20 people in the past 12 hours, many trapped in cars on flood-swept roads in New South Wales. Australia has been at the sharp end of climate change, with droughts, deadly bushfires, bleaching events on the Great Barrier Reef and floods becoming more common and intense as global weather patterns change. Source: Thai PBS World, Khaosod
  • Australia hails ‘new start’ with Paris. Australian Prime Minister Anthony Albanese welcomed a ‘new start’ in relations with France as he met President Emmanuel Macron in Paris on Friday, after an acrimonious  row between the countries over a submarine contract last year. “My presence here represents a new start for our countries’ relationship,” Mr Albanese said after arriving at the Elysee Palace. “Australia’s relationship with France matters. Trust, respect and honesty matter. This is how I will approach my relations,” he said. Source: Bangkok Post Print Edition
  • US-led naval drills begin  amid tension. A major multinational naval exercise led by the US Navy has been launched in the Pacific with 25 other nations participating amid growing US-China tensions. US allies in the Indo-Pacific region including Japan, South Korea, Australia, New Zealand and the Philippines are participating in the biennial Rim of the Pacific exercise, regarded as the world’s biggest naval training starting from Wed last week, according to the US Navy. Source: Bangkok Post Print Edition
  • DITP reveals Australians are interested in Thailand’s rice-organic products Ministry of Commerce’s Department of International Trade Promotion showcased Thai products at the Naturally Good Expo 2022 in Sydney, Australia in early June.  The showcase was themed Rice, Heart of Thailand, Heart of APEC with exhibition featuring decoration made from recyclable materials in line with the APEC MRT’s resolution and BCG principles.  Products that were highly popular among Australian visitors included food snacks and Thai organic Riceberry, as well as non-food items such as skincare.  Source:  Bluechipthai.com

COVID/ HEALTH

POLITICS

  • Karen refugees flee across border as Myanmar continues airstrikes. Thailand is gearing up for an influx of Karen refugees as the Myanmar army continues bombing Karen villages in the border town of Myawaddy. A Myanmar fighter jet bombed two villages on Saturday, killing three people and injuring three others. The injured have been sent across to Tak’s Phop Phra district for treatment. Of those killed, one held a Thai ID card, the second a card of hilltribe people and the third a 10-year stay permit. Refugees, meanwhile, have been streaming across the border, and as of press time, the number of people seeking shelter at the Ban Muen Rue Thai community had swollen to 255. Separately, Prime Minister Prayut Chan-o-cha said that Myanmar’s military government has offered an apology for its MiG-29 fighter jet straying into Thai airspace on Thursday. Prayut, who also doubles as the defence minister, has called on people to have faith that the Thai Army will successfully protect national sovereignty, adding the incident was “no big deal”. Source: The Nation, Bangkok Post
  • Cybersecurity MoU with Israel a mutual ‘first step’. Thailand is expected to sign a cybersecurity agreement with Israel, touted as the first step towards greater collaboration between the two countries, during a ceremony in Bangkok this week. The signing of the memorandum of understanding on “Cyber Security Cooperation” will occur on Wednesday at Sofitel Bangkok Sukhumvit Hotel, according to the Israeli embassy. The agreement will be the first international cybersecurity MoU between Thailand and another nation, it said. The embassy added that for the past three decades, Israel has been providing cybersecurity solutions that enhance security in other nations and for organisations around the world. Source: Bangkok Post
  • Govt ‘will battle on to 2023’. Defuse s272 ‘time bomb’, urges Abhisit. Former prime minister Abhisit Vejjajiva said the Prayut Chan-o-cha government will try to stay on until the end of its tenure next year, though it will struggle with a range of challenges that will cause its popularity to wane. Speaking on Sunday at a seminar on the future of Thai politics held by the National Press Council of Thailand to mark its 25th anniversary, Mr Abhisit said the period of two years from now will be an important turning point. “I believe the government and the prime minister will try to make sure they can complete their term [before the government’s tenure expires next March]. There is no reason why the government and the prime minister want an early election. ”With less than one year left in office, the government will encounter difficult challenges from economic and social issues that will make the government unpopular,” said the former leader of the Democrat Party. Source: Bangkok Post

ECONOMICS

  • 9.3 Million Tourists Expected in 2022.  Thailand projects it will see over 7 million tourists visiting the kingdom in the second half of this year, generating total revenue of 1.27 trillion Baht.  Ministry of Tourism and Sports anticipated that 2.7 million tourists will enter Thailand from July – September, with another 4.5 million visiting from October – December, bringing total arrival number in 2H to 9.32 million.  From January 1 – June 28, some 1,978,000 foreigners had visited Thailand.  The majority came from Malaysia, Laos, Cambodia, Vietnam and China.  Source: National News Bureau of Thailand
  • Thai-Saudi proceeds with trade and investment after normalising relationship Rudyard Chamber of Commerce will bring 80 businessmen to visit Thailand from 4-8 July to negotiate business with the Thai private sector.  At this business matching event, the focus will be on industrial, telecommunication, tourism, entertainment, gold and jewellery, agriculture, medical, electronics and human resources sectors.  For 2022, Thai export to Saudi Arabia is expected to increase by 6.2 percent from 51.5 million Baht in 2021.  Promising Thai products are from agriculture, industrial and service sectors.  Source: Krungthep Turakij
  • Lack of flights, rising fuel costs mar revival.  Insufficient inbound international flights and surging airfares are challenging the recovery of the Thai tourism industry as the country pins its hopes on the upcoming high season in its quest to welcome 10 million tourists this year, said the Tourism Authority of Thailand (TAT).  TAT Governor Yuthasak said the number of international flights stands at only 30 percent of the pre-pandemic level. He said to help revive the whole industry, Thailand should have at least 55 percent of the airline seat capacity recorded compared to pre-pandemic time, which might be achieved in Q4 as Korean Air and Air Canada have confirmed their schedules for non-stop services.  Source: Bangkok Post
  • Inflation poses biggest challenge to economic recovery.  Low-income groups and small businesses face strong impacts from the soaring inflation and potential interest rate hikes, wherein such situation may make it necessary for the government to continue its support for vulnerable groups.  Bank of Thailand said it was likely to slow down interest rate hike as the threat of inflation becomes more apparent despite economic recovery, which had resulted in the interest rate being pegged at the current historic low of 0.5 percent.  Source: ThaiPBS World
  • Export gain could beat state target.  Export growth is expected to surpass the government’s forecast of 4-5 percent expansion in 2022 after a strong growth of +12.9 percent (valued at USD123 billion) in the first 5 months of this year, according to Commerce Ministry. In May, Thailand’s export grew by 10.5 percent YoY (valued at USD 25.5 billion), while imports increased by 24.2 percent (valued at USD27.4 billion), resulting in a trade deficit of USD1.87 billion.  Exports of industrial products exhibited growth, indicating that demand from major trading partners still grew despite the impact of the prolonged Russia-Ukraine conflict, inflation concerns and lockdowns in some Chinese cities.  Source:  Bangkok Post

OTHER

For further information please see the embassy’s Facebook Page ‘Australian Embassy, Thailand’ or the Ambassador’s Twitter Page https://twitter.com/AusAmbBKK

Headlines summary as of 23 June 2022

KEY ISSUES AT A GLANCE

  • Government and opposition Thai MPs gear up for another censure debate. Government and opposition MPs are preparing their cases for the next censure debate, tentatively scheduled for July 18th through 22nd, during which Prime Minister Prayut Chan-o-cha and ten ministers will be grilled by the opposition. This will be the fourth censure debate against Prayut and his cabinet since assuming office in mid-2019. All the ministers targeted survived all the previous no confidence motions. Opposition chief whip Sutin Klungsang said today (Wednesday) that six opposition parties reconfirmed their censure motion yesterday, as requested by House Speaker Chuan Leekpai. The Thai Civilised party leader Mongkolkit Suksintharanon is, however, yet to sign the reconfirmation. Source: Thai PBS World
  • One in 10 Aussies trust China’s government – survey. Just over one in 10 Australians have faith in the Chinese government to act responsibly in international affairs, according to a new survey, amid attempts to resume diplomatic links between the nations under the country’s new Labor leadership. An annual poll by the Lowy Institute, a Sydney-based foreign policy think tank, found just 12% of Australians said they trusted China as an international player. The result was sharply down from four years ago in 2018 when the think tank found about 52% of Australians had a positive view of the country. Speaking in Canberra on Wednesday, Lowy’s Executive Director Michael Fullilove said the result was “no cause for celebration.” “It is in our interest that relations between Canberra and Beijing are stable,” he said. “This is in China’s interest too.” Source: Bangkok Post
  • Covid-19 strains spur fears. Sub-variants ‘have spread from Europe’. The government is monitoring two new Omicron subvariants in Europe as Thailand prepares for an influx of international arrivals from next month when entry rules are eased further. Government spokesman Thanakorn Wangboonkongchana said on Wednesday Prime Minister Prayut Chan-o-cha instructed the Public Health Ministry to monitor the Covid-19 situation in Europe after cases of the two subvariants — BA.4 and BA.5 — were detected in countries such as Portugal, the UK, Austria, the Netherlands, France and Germany. Wasun Chantratita, who heads the centre, previously said 26 cases of BA.5, 23 cases of BA.4 and 18 cases of BA.2.12.1 had been detected in the kingdom since April. Source: Bangkok Post Online & Print Edition

ANNOUNCEMENTS

  • Anutin maps out strategy in Geneva against HIV. Education, universal healthcare are key. HIV/AIDS education, discrimination prevention and universal healthcare are key factors in lowering HIV infection rates, Deputy Prime Minister and Public Health Minister Anutin Charnvirakul said. Mr Anutin said Thailand has been trying to raise awareness about how HIV remains a threat to global public health. In addressing the threat, Thailand said it is important for teenagers to learn about safe sex and how to protect themselves from sexually transmissible infections such as HIV. Source: Bangkok Post

AUSTRALIA IN THE NEWS

  • One in 10 Aussies trust China’s government – survey. Just over one in 10 Australians have faith in the Chinese government to act responsibly in international affairs, according to a new survey, amid attempts to resume diplomatic links between the nations under the country’s new Labor leadership. An annual poll by the Lowy Institute, a Sydney-based foreign policy think tank, found just 12% of Australians said they trusted China as an international player. The result was sharply down from four years ago in 2018 when the think tank found about 52% of Australians had a positive view of the country. Speaking in Canberra on Wednesday, Lowy’s Executive Director Michael Fullilove said the result was “no cause for celebration.” “It is in our interest that relations between Canberra and Beijing are stable,” he said. “This is in China’s interest too.” Source: Bangkok Post
  • Australia to lift electricity market suspension as prices ease. Australia’s energy market operator says it will lift its suspension of the country’s main wholesale electricity market as its power crisis eases. The restrictions will be temporarily lifted on Thursday before a final decision is made. In an unprecedented move last week it suspended trading on the platform following a surge in prices. Officials also urged people in the state of New South Wales to conserve power over concerns about shortages. Source: The Standard

COVID

  • 2,299 new cases and 18 deaths Source: Department of Disease Control, Ministry of Public Health
  • Covid-19 strains spur fears. Sub-variants ‘have spread from Europe’. The government is monitoring two new Omicron subvariants in Europe as Thailand prepares for an influx of international arrivals from next month when entry rules are eased further. Government spokesman Thanakorn Wangboonkongchana said on Wednesday Prime Minister Prayut Chan-o-cha instructed the Public Health Ministry to monitor the Covid-19 situation in Europe after cases of the two subvariants — BA.4 and BA.5 — were detected in countries such as Portugal, the UK, Austria, the Netherlands, France and Germany. Wasun Chantratita, who heads the centre, previously said 26 cases of BA.5, 23 cases of BA.4 and 18 cases of BA.2.12.1 had been detected in the kingdom since April. Source: Bangkok Post Online & Print Edition
  • Unmasking changes to Covid restrictions With the virus set to become classified as endemic in 9 days, some national rules are easing. Find out more in the full article. Source: Bangkok Post

POLITICS

  • Government and opposition Thai MPs gear up for another censure debate. Government and opposition MPs are preparing their cases for the next censure debate, tentatively scheduled for July 18th through 22nd, during which Prime Minister Prayut Chan-o-cha and ten ministers will be grilled by the opposition. This will be the fourth censure debate against Prayut and his cabinet since assuming office in mid-2019. All the ministers targeted survived all the previous no confidence motions. Opposition chief whip Sutin Klungsang said today (Wednesday) that six opposition parties reconfirmed their censure motion yesterday, as requested by House Speaker Chuan Leekpai. The Thai Civilised party leader Mongkolkit Suksintharanon is, however, yet to sign the reconfirmation. Source: Thai PBS World
  • Akkaradej offers censure ammunition. Akkaradej Wongpitakroj, a Democrat MP for Ratchaburi, said he is ready to supply information to the opposition if it wants to target Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow over runaway fuel prices in the upcoming no-confidence debate. Mr Akkaradej earlier urged opposition lawmakers to use the debate to grill Mr Supattanapong over the crisis. He said several coalition MPs were unhappy with the government’s handling of the issue and hoped the opposition would consider adding the minister to its list of targets. “I have information ready to give if the opposition wants to use it as material for censuring [the minister],” Mr Akkaradej said. Source: Bangkok Post Online & Print Edition
  • Prawit thanks Cambodia for crime-busting support Deputy Prime Minister Prawit Wongsuwon has conveyed his thanks to Cambodian Deputy Prime Minister and National Defence Minister Tea Banh for his cooperation in suppressing transnational call-centre scam gangs, Defence Ministry spokesman Gen Kongcheep Tantravanich said on Wednesday. Gen Prawit and Deputy Defence Minister Chaichan Changmongkol attended the 16th Asean Defence Ministers’ Meeting (ADMM) in Phnom Penh, where Gen Prawit met Gen Tea Banh to discuss ways to strengthen the security of both countries and forge closer ties within Asean. Source: Bangkok Post, The Nation

ECONOMICS

  • Thailand, UK agree to boost trade back to $7-billion level. Thailand and the United Kingdom have agreed to cooperate on six aspects to boost trade between the two countries, bringing it back to the US$7 billion [247 billion baht] level, Commerce Minister Jurin Laksanawisit said on Tuesday. His remark came after a Joint Economic and Trade Committee ministerial meeting at Central Hall Westminster, London. Jurin said he and UK Minister of State for Trade Policy Penny Mordaunt agreed to promote cooperation between the two countries in agriculture, digital technology, foods and beverages, investment, commerce and finance. “Currently, the UK is Thailand’s 22nd biggest trade partner globally and 4th in Europe, so we have to boost the trade value between the two countries back to $7 billion as soon as possible,” Jurin noted. Source: The Nation
  • Ministry to ink climate pact with Swiss under Paris Agreement. Carbon credits for new tech, funding. Thailand and Switzerland are set to become the first two countries in the world to seal a deal under Article 6.2 of the Paris Agreement, which creates a basis for trading in global greenhouse gas (GHG) emission reductions or mitigation outcomes between nations, says Natural Resources and Environment Varawut Silpa-archa. He was referring to the memorandum of understanding (MoU) he plans to sign with his Swiss counterparts during his trip to Europe, which kicked off yesterday and will wrap up on July 1 after he has also visited Portugal. Source: Bangkok Post Online & Print Edition

OTHER

For further information please see the embassy’s Facebook Page ‘Australian Embassy, Thailand’ or the Ambassador’s Twitter Page https://twitter.com/AusAmbBKK

Headlines summary as of 22 June 2022

KEY ISSUES AT A GLANCE

  • Four injured by smoke, 30 houses in Bangkok’s Bon Kai community razed by fire Four people suffered the effects of smoke inhalation and about 30, mostly dilapidated houses in the Bon Kai crowded community on Rama 4 Road in Bangkok’s Pathumwan district were burned down in a two-hour blaze, which broke out at about 1.30pm this today (Tuesday). Bangkok Governor Chadchart Sittipunt said that it was fortunate that the nearest fire station is only about 600 metres away and firemen were able to reach the scene of the fire quickly. He admitted, however, that the narrow roads and lanes in the community made it difficult for fire trucks to get close to the scene and the nearest fire hydrant is on the main Rama 4 Road, which is some distance away. Nonetheless, the fire was extinguished in under two hours. Source: Thai PBS World, Matichon
  • Prawit counts on ‘minnows’ to back him Deputy Prime Minister Prawit Wongsuwon has expressed confidence that small political parties will support the government in the upcoming no-confidence debate. Quizzed on which way they would sway in terms of supporting other cabinet ministers targeted in the censure motion, Gen Prawit, who also serves as leader of the ruling Palang Pracharath Party (PPRP), said: “They are on the government’s side. There is no problem with that.” And when grilled on whether the Setthakij Thai Party would protect him against attacks from the opposition, the deputy PM said the party is still a member of the coalition and would not turn against censured ministers. Source: Bangkok Post, Krungthep Turakij
  • Analysts sound alarm on baht depreciation. Economists are warning the baht will weaken further throughout this month because of higher volatility in money and capital markets worldwide after the US Federal Reserve’s hawkish benchmark interest rate hike. Krungthai Compass, a research house under Krungthai Bank, forecasts the baht will dip to high-34 to mid-35 against the US dollar by the end of this month. The baht depreciation is attributed to higher volatility of the global equity markets and digital assets, said Phacharaphot Nuntramas, chief economist of the research centre. Source: Bangkok Post

ANNOUNCEMENTS

  • Four injured by smoke, 30 houses in Bangkok’s Bon Kai community razed by fire Four people suffered the effects of smoke inhalation and about 30, mostly dilapidated houses in the Bon Kai crowded community on Rama 4 Road in Bangkok’s Pathumwan district were burned down in a two-hour blaze, which broke out at about 1.30pm this today (Tuesday). Bangkok Governor Chadchart Sittipunt said that it was fortunate that the nearest fire station is only about 600 metres away and firemen were able to reach the scene of the fire quickly. He admitted, however, that the narrow roads and lanes in the community made it difficult for fire trucks to get close to the scene and the nearest fire hydrant is on the main Rama 4 Road, which is some distance away. Nonetheless, the fire was extinguished in under two hours. Source: Thai PBS World, Matichon
  • Foreign actors to be exempt from paying income tax in Thailand The Thai government has decided to waive personal income tax collection from foreign actors when working on films shot in Thailand in the next five years, in a fresh bid to attract foreign crews to the country and the associated revenue. Deputy Government Spokesperson Rachada Dhnadirek said today (Tuesday) that the tax incentive is part of the government’s efforts to develop the country’s soft power. Thailand earned an average of 3.5 billion baht a year from foreign film crews from 2017 to 2021, with the revenue increasing to 5 billion baht last year. Source: Thai PBS World, Bangkok Post

AUSTRALIA IN THE NEWS

  • No reporting found

COVID

  • 2,387 new cases and 19 deaths Source: Department of Disease Control, Ministry of Public Health
  • More contagious subvariants on radar Thailand has recorded 49 new cases of the two new Omicron subvariants — BA.4 and BA.5 — which are considered more contagious and can potentially bypass immunity, according to the Centre for Medical Genomics of Ramathibodi Hospital. Wasun Chantratita, who heads the centre, said 26 cases of BA.5, 23 cases of BA.4 and 18 cases of BA.2.12.1 have been detected in the kingdom since April. Dr Wasun said the figure was based on random tests so the true number of infections could be considerably higher. The patients were admitted to hospital and their condition described as manageable. Source: Bangkok Post, Krungthep Turakij & PPTVHD36
  • Monkeypox jab options calculated Vaccine preparations are needed to deal with monkeypox but there’s no need yet for any mass vaccination, said Dr Thiravat Hemachudha, head of the Emerging Diseases Science Centre at Chulalongkorn University.  Even though there is no direct monkeypox vaccine, studies have found that smallpox vaccines are effective in both preventing and reducing monkeypox infections. According to the World Health Organization (WHO), as of June 15, a cumulative total of 2,103 laboratory-confirmed cases and one death have been reported to the WHO from 42 countries. Source: Bangkok Post

POLITICS

  • Prawit counts on ‘minnows’ to back him. Deputy Prime Minister Prawit Wongsuwon has expressed confidence that small political parties will support the government in the upcoming no-confidence debate. Quizzed on which way they would sway in terms of supporting other cabinet misters targeted in the censure motion, Gen Prawit, who also serves as leader of the ruling Palang Pracharath Party (PPRP), said: “They are on the government’s side. There is no problem with that.” And when grilled on whether the Setthakij Thai Party would protect him against attacks from the opposition, the deputy PM said the party is still a member of the coalition and would not turn against censured ministers. Source: Bangkok Post
  • Chadchart ‘too old’ for PM. Bangkok governor Chadchart Sittipunt yesterday hinted that he harbours no prime ministerial ambitions, saying he was too old for the job. The 56-year-old governor was reacting to a question raised at the “Thai Startup x Chadchart” forum organised by the Thai Startup Association and City Hall on Monday. During his lecture, one participant suggested that he quit the governorship and vie to become prime minister when the next election comes. In response, Mr Chadchart said he wants to focus on the task at hand while stressing that a prime minister should be someone from a younger generation. He insisted he was too old to aspire for the post. Source: Bangkok Post, Daily News
  • Capital to tackle PM 2.5 dust. Bangkok governor Chadchart Sittipunt has unveiled a plan to improve the city’s ability to cope with hazardous ultra-fine dust particles (PM2.5), saying open and more accurate data about sources of dust is the key to success. BMA is working with universities to analyse and pinpoint where the PM 2.5 is coming from, he said. Source: Bangkok Post Print Edition

ECONOMICS

  • Cabinet approves 8 moves to ease living cost crisis from fuel price. The Cabinet on Tuesday approved a new round of eight measures to soften the impact of rising fuel prices on people’s cost of living from July to September. Existing measures scheduled to expire on June 30 will be extended and new ones added, said Prime Minister Prayut Chan-o-cha. Prayut said the government was doing its best to relieve hardship, especially for poor people and businesses, adding that he did not expect the fuel-price crisis to end soon. Source: The Nation & Thai Enquirer
  • Thai soldiers can shop on Lazada again as ban over tactless ad lifted. The Royal Thai Army has revoked its order prohibiting all military units from shopping on Lazada and keeping Lazada delivery trucks out of military complexes, deputy spokesman Colonel Sirichan Ngathong said. he said Army chief General Narongpan Jitkaewtha had announced at a top brass meeting on Monday that the ban on Lazada will be revoked immediately now that it is facing legal procedure over inappropriate advertising. The Army had boycotted the online shopping platform on May 9 in response to a controversial TikTok ad posted a week earlier to promote Lazada’s 5.5 sales campaign. Source: The Nation & Prachachart
  • Analysts sound alarm on baht depreciation. Economists are warning the baht will weaken further throughout this month because of higher volatility in money and capital markets worldwide after the US Federal Reserve’s hawkish benchmark interest rate hike. Krungthai Compass, a research house under Krungthai Bank, forecasts the baht will dip to high-34 to mid-35 against the US dollar by the end of this month. The baht depreciation is attributed to higher volatility of the global equity markets and digital assets, said Phacharaphot Nuntramas, chief economist of the research centre. Source: Bangkok Post

OTHER

For further information please see the embassy’s Facebook Page ‘Australian Embassy, Thailand’ or the Ambassador’s Twitter Page https://twitter.com/AusAmbBKK

Headlines summary as of 21 June 2022

KEY ISSUES AT A GLANCE

  • Decree to remain in place: Prayut. Immigrants, airport crowds still a worry. Prime Minister Prayut Chan-o-cha on Monday insisted the government has not yet cancelled the emergency decree as there remain concerns that the special law is still needed, although easing of restrictions will continue and the cabinet will reassess the situation when the time is right. Gen Prayut’s remarks came after Move Forward Party (MFP) MP Rangsiman Rome urged the government to stop renewing the decree, which has been extended 18 times in two years despite the drop in Covid-19 cases and easing of restrictions. The premier said the emergency decree was invoked to facilitate government efforts to curb the spread of Covid-19 and the special law has been an effective tool in helping to achieve that target. He said the government would have to examine the Covid-19 situation and decide if the emergency decree was still necessary. If the emergency decree is lifted, the government will have only the public health laws at its disposal, he noted. Source: Bangkok Post
  • What to do once mask mandate ends on July 1. The Health Department has come up with guidelines on how to best protect yourself once the mask mandate is scrapped on July 1. The Centre for Covid-19 Situation Administration (CCSA) announced that from July 1, people will not be required to wear a mask in open areas. Useful infographic contained in article. Source: The Nation
  • How long can Thailand’s central bank swim against the tide? The Bank of Thailand (BOT) has come under high pressure to react as domestic inflation has been climbing fast and other central banks, especially the US Federal Reserve (Fed), have started to raise their interest rates. Many countries have been suffering from high inflation due to rising prices of oil, natural gas and food, as well as from the consequences of loosening monetary and fiscal policies aimed at boosting economic growth amid the COVID-19 outbreak. Thailand’s headline inflation hit a 13-year-high in May, rising 7.1 percent. It was even worse in the US where it climbed as high as 8.6 percent, a 40-year-high for the country, which compelled the Fed to raise its benchmark funds rate by 0.75 percentage point on June 15. It was the biggest rate hike in 28 years, bringing the Fed funds rate to a range of 1.5-1.75 percent. Source: Thai PBS

ANNOUNCEMENTS

  • No significant announcements

AUSTRALIA IN THE NEWS

  • Gourmet Market celebrates ‘Taste Of Australia’. The best ingredients and top-notch products from Australia are presented during “Taste Of Australia 2022”, which is running at three branches of the Gourmet Market — Emporium, EmQuartier and Paragon — until July 4. Held in collaboration with the Australian embassy and Australian Trade and Investment Commission (Austrade), this is the first time that renowned fresh ingredients such as Galician beef from Vintage Beef and hapuku fish are introduced at the event. Source: Bangkok Post
  • Wary PM set to talk Assange with the US. CANBERRA: Australia’s prime minister said yesterday he will engage “diplomatically” over the US prosecution of Julian Assange but he is standing by earlier remarks questioning the purpose of further legal action. Source: Bangkok Post print edition

COVID

  • 1, 714 new cases and 21 deaths Source: Department of Disease Control, Ministry of Public Health
  • What to do once mask mandate ends on July 1. The Health Department has come up with guidelines on how to best protect yourself once the mask mandate is scrapped on July 1. The Centre for Covid-19 Situation Administration (CCSA) announced that from July 1, people will not be required to wear a mask in open areas. Useful infographic contained in article. Source: The Nation

POLITICS

  • Decree to remain in place: Prayut. Immigrants, airport crowds still a worry. Prime Minister Prayut Chan-o-cha on Monday insisted the government has not yet cancelled the emergency decree as there remain concerns that the special law is still needed, although easing of restrictions will continue and the cabinet will reassess the situation when the time is right. Gen Prayut’s remarks came after Move Forward Party (MFP) MP Rangsiman Rome urged the government to stop renewing the decree, which has been extended 18 times in two years despite the drop in Covid-19 cases and easing of restrictions. The premier said the emergency decree was invoked to facilitate government efforts to curb the spread of Covid-19 and the special law has been an effective tool in helping to achieve that target. He said the government would have to examine the Covid-19 situation and decide if the emergency decree was still necessary. If the emergency decree is lifted, the government will have only the public health laws at its disposal, he noted. Source: Bangkok Post
  • Senators hiring kin deemed ‘legal’. Senate Speaker Pornpetch Wichitcholchai has maintained that senators appointing their relatives to work on their Senate teams is not illegal. Mr Pornpetch made his remarks on Monday in response to criticisms after the Internet Dialogue on Law Reform (iLaw) disclosed that more than 50 cousins of senators have filled seats in several Senate working panels. The critics questioned the suitability of the appointments which are viewed as nepotism. Mr Pornpetch, however, came out in the senators’ defence, saying certain positions in public office may require someone, who the senators can trust, to fill. The Senate speaker downplayed concern the issue could be investigated by the House Committee on corruption and misconduct. Source: Bangkok Post, Thai Enquirer
  • Pheu Thai claims Si Sa Ket rallies a resounding success. Pheu Thai spokesperson Teerarat Samretwanich said on Sunday that large crowds had shown up at the rallies in Uthumphon Phisai, Rasi Salai and Khukhan districts. The gatherings were led by Paetongtarn Shinawatra, the youngest daughter of former PM Thaksin Shinawatra, and Nattawut Saikuar, former leader of the red-shirt movement. Paetongtarn is head of the Pheu Thai Family project and Nattawut the director. “More than 10,000 Si Sa Ket residents and people from nearby provinces showed up at the rallies,” Teerarat said, adding that this was a clear sign that local people continue supporting the party. Pheu Thai also announced its potential candidates for House seats in the Northeast, she said. Source: The Nation
  • Dem wants energy minister to be grilled. Govt MPs unhappy over fuel price hikes. Democrat MP for Ratchaburi Akkaradej Wongpitakroj on Monday urged the opposition to grill Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow in the upcoming censure debate. Mr Akkaradej said several coalition MPs were unhappy with the government’s handling of soaring fuel prices and hoped the opposition would consider adding Mr Supattanapong to its list of targets. “Almost 20 government MPs aren’t happy with the handling of fuel prices and that is the Energy Ministry’s failure. If the opposition grills him in the censure debate, it could be in for a similar surprise as seen with the marriage equality bill and the liquor production bill,” he said. Source: Bangkok Post

ECONOMICS

  • Refiners deny profit tally. Calculation made in error, says club. The Petroleum Refining Industry Club, a unit of the Federation of Thai Industries, has insisted the current gross refinery margin (GRM) is reasonable, rebutting an accusation that oil companies are overcharging customers for refined oil. GRM, the difference between prices of crude oil and refined oil, refers to costs added to the crude oil price during the refining process. It eventually becomes part of the retail oil price that drivers pay at petrol stations. Last week, Kla Party leader Korn Chatikavanij raised doubts over the high GRM and called on the government to put a cap on the refinery margin and impose a windfall tax on oil refineries to control oil retail prices, which continue to rise amid the Russia-Ukraine war. Source: Bangkok Post
  • How long can Thailand’s central bank swim against the tide? The Bank of Thailand (BOT) has come under high pressure to react as domestic inflation has been climbing fast and other central banks, especially the US Federal Reserve (Fed), have started to raise their interest rates. Many countries have been suffering from high inflation due to rising prices of oil, natural gas and food, as well as from the consequences of loosening monetary and fiscal policies aimed at boosting economic growth amid the COVID-19 outbreak. Thailand’s headline inflation hit a 13-year-high in May, rising 7.1 percent. It was even worse in the US where it climbed as high as 8.6 percent, a 40-year-high for the country, which compelled the Fed to raise its benchmark funds rate by 0.75 percentage point on June 15. It was the biggest rate hike in 28 years, bringing the Fed funds rate to a range of 1.5-1.75 percent. Source: Thai PBS
  • Court rejects petition to delay merger of DTAC and True. Thailand’s Central Administrative Court has dismissed a petition, seeking to put a hold an announcement by the National Broadcasting and Telecommunications Commission (NBTC) giving the green light to the merger plan between two mobile phone service providers, Total Access Communication, or DTAC, and True Corporation (True). The petition was filed by Napat Vinitchaikul, a member of the NBTC’s Monitoring and Evaluation Committee, who challenged the legitimacy of the telecom regulator’s announcement. The Central Administrative Court’s ruling, which was issued on June 16th, said that Nipat’s claim that the merger would harm the public interest is unfounded, as DTAC and True are still in the process of amalgamation and the setting up of a new entity, adding that the merger has not caused any damage as claimed. The court also said that putting the NBTC’s announcement on hold would obstruct the performance of the regulator. Source: Thai PBS

OTHER

For further information please see the embassy’s Facebook Page ‘Australian Embassy, Thailand’ or the Ambassador’s Twitter Page https://twitter.com/AusAmbBKK

Become an AustCham member

Thailand’s Personal Data Protection Act B.E. 2562 (2019) (“PDPA”)

As the Personal Data Protection Act (PDPA) also applies to personal data collected prior to the PDPA’s entry into force, please be informed that AustCham Thailand will automatically keep your contact details including email address, name and last name, and company details, on our mailing list.

Your data was received by AustCham Thailand as a result from you either registering or attending an event, contacting our office or subscribing to regular updates via the website. However, if you would like to stop receiving emails AustCham Thailand and revoke your consent for AustCham to keep and use your data to contact you for chamber events and updates, please scroll down to the end of this email and click “Unsubscribe from this list”. Your personal data will be shortly deleted once the opt-out notice request is received.

Please note that your data is kept in AustCham’s CRM system, please see here for AustCham’s Terms of Use and Privacy Policy. AustCham uses a management software system from Wild Apricot, and emails are distributed through MailChimp.

MEMBER LOG IN