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The 16 rebel Democrat MPs, who voted in support of Srettha Thavisin’s prime ministerial candidacy on Tuesday, insist that they are still with the opposition, unless they are invited to join the Pheu Thai-led coalition government. Speaking on behalf of the group at the parliament complex this morning (Thursday), Democrat deputy leader Det-it Khaothong insisted that the party did not adopt a resolution mandating how the 24 Democrat MPs should vote on Tuesday, except for a call by acting party leader Jurin Laksanawisit for the MPs to abstain. If there was a resolution, he asked why the party’s key figures voted differently. Former leaders Chuan Leekpai and Banyat Bantadtan voted against Srettha’s candidacy while Jurin abstained. Full Story: https://www.thaipbsworld.com/16-renegade-democrat-mps-say-they-are-still-in-the-opposition-camp/ -- Thai PBS 2023-08-24 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

New Street Market Opens in Banglamung A new street market ‘Tanai Soe Market’ (Soe Lawyer Market) has opened in the Takhian Tia sub-district. Full Story: https://aseannow.com/topic/1304446-new-street-market-opens-in-banglamung/

A new street market ‘Tanai Soe Market’ (Soe Lawyer Market) has opened in the Takhian Tia sub-district. The market managers, Mr. Sanyawut Jeantrakun and Mr. Partbopit Boonpoon told the Pattaya News that this place is very suitable because it is surrounded by dense local communities. People can easily visit the market with a wide parking area for more than 500 vehicles. There are many delicious foods and various kinds of products from more than 200 stalls at a cheap price. By Goongnang Suksawat Full Story: https://thepattayanews.com/2023/08/23/new-street-market-opens-in-banglamung-photo-tour/ -- The Pattaya News 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Six medical specialists assigned to treat Thaksin at Police General Hospital A team of six doctors, specialising in heart and lung diseases and COVID-19, has been assigned to treat former prime minister Thaksin Shinawatra, who is currently an in-patient at the Police General Hospital in Bangkok, according Pol Lt-Gen Sophonrat Singhajaru, the chief physician at the hospital. Full Story: https://aseannow.com/topic/1304391-thaksin-helicoptered-to-police-hospital-at-3am-after-feeling-ill-says-department-of-corrections/?do=findComment&comment=18297065

Six medical specialists assigned to treat Thaksin at Police General Hospital A team of six doctors, specialising in heart and lung diseases and COVID-19, has been assigned to treat former prime minister Thaksin Shinawatra, who is currently an in-patient at the Police General Hospital in Bangkok, according Pol Lt-Gen Sophonrat Singhajaru, the chief physician at the hospital. Thaksin was transferred from the Corrections Department’s hospital to the Police General Hospital late last night, after he suffered from chest tightness and hypertension. Pol Lt-Gen Sophonrat said that, according to latest report from his doctors, Thaksin’s condition has slightly improved since last night, but he is still suffering from fatigue and high blood pressure and is being provided with oxygen. No visits are permitted. Full Story: https://www.thaipbsworld.com/six-medical-specialists-assigned-to-treat-thaksin-at-police-general-hospital/ -- Thai PBS 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Srettha vows to be a “tireless” prime minister Photo : Prime Minister Srettha Thavisin New Thai prime minister Srettha Thavisin promised today (Wednesday) to work tirelessly and honestly for the utmost benefit of the country and the Thai people. Full Story: https://aseannow.com/topic/1304444-srettha-officially-appointed-as-prime-minister/?do=findComment&comment=18297054

Srettha Officially Appointed as Prime Minister BANGKOK, Aug 23 (TNA) – Srettha Thavisin has been officially appointed prime minister following endorsement by His Majesty the King. Full Story: https://aseannow.com/topic/1304444-srettha-officially-appointed-as-prime-minister/

Srettha vows to be a “tireless” prime minister New Thai prime minister Srettha Thavisin promised today (Wednesday) to work tirelessly and honestly for the utmost benefit of the country and the Thai people. He pledged to make Thailand a land of hope for the next generation and of happiness for people from all walks of life. Srettha was delivering his first speech after receiving the royal command, appointing him as the new prime minister of Thailand. Caption: Photo : Prime Minister Srettha Thavisin Full Story: https://www.thaipbsworld.com/srettha-vows-to-be-a-tireless-prime-minister/ -- Thai PBS 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

BANGKOK, Aug 23 (TNA) – Srettha Thavisin has been officially appointed prime minister following endorsement by His Majesty the King. He received the written royal command in a ceremony at the Pheu Thai Party headquarters at 6 pm on Wednesday. He knelt before the portrait of His Majesty King Maha Vajiralongkorn to pay his respect. Full Story: https://tna.mcot.net/english-news-1227647 -- Thai News Agency 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Pattaya Sports Club Donates 25,000 Baht to YWCA Scholarship Fund Pattaya Sports Club, demonstrating its commitment to community development, recently generously donated 25,000 baht to the YWCA scholarship fund. This contribution enhances educational opportunities for deserving individuals, particularly underserved youth, through the YWCA’s scholarship initiative. Full Story: https://aseannow.com/topic/1304437-pattaya-sports-club-donates-25000-baht-to-ywca-scholarship-fund/

Pattaya Sports Club, demonstrating its commitment to community development, recently generously donated 25,000 baht to the YWCA scholarship fund. This contribution enhances educational opportunities for deserving individuals, particularly underserved youth, through the YWCA’s scholarship initiative. The financial support underscores the club’s dedication to fostering academic growth, and contributing to a stronger, more educated society. By investing in education, Pattaya Sports Club not only impacts individual lives but also cultivates a positive ripple effect throughout the community, fostering a culture of giving and progress. This gesture exemplifies the transformative power of collaboration between organizations and serves as an inspiration to others. By Adam Judd Full Story: https://thepattayanews.com/2023/08/23/pattaya-sports-club-donates-25000-baht-to-ywca-scholarship-fund/ -- The Pattaya News 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Outgoing PM Prayut congratulates incoming PM Srettha Outgoing Prime Minister Prayut Chan-o-cha congratulated Srettha Thavisin on Wednesday, who is to become the new prime minister of Thailand. Full Story: https://aseannow.com/topic/1304436-outgoing-pm-prayut-congratulates-incoming-pm-srettha/

Outgoing Prime Minister Prayut Chan-o-cha congratulated Srettha Thavisin on Wednesday, who is to become the new prime minister of Thailand. Speaking after hosting an interim cabinet meeting at Government House, Prayut said “I wish that Srettha achieves in administering the country.” Prayut said his government will be out of office once the Srettha-led cabinet members swear their oaths before their Majesties. Full Story: https://www.thaipbsworld.com/outgoing-pm-prayut-congratulates-incoming-pm-srettha/ -- Thai PBS 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Officials Face Legal Action Related to Explosion of Fireworks Warehouse BANGKOK, Aug 23 (TNA) – Four local administration officers face legal action over granting permission to the construction of fireworks warehouse in the Munoh community in Narathaiwat. Full Story: https://aseannow.com/topic/1304434-officials-face-legal-action-related-to-explosion-of-fireworks-warehouse/

BANGKOK, Aug 23 (TNA) – Four local administration officers face legal action over granting permission to the construction of fireworks warehouse in the Munoh community in Narathaiwat. The explosion at the fireworks warehouse on July 29 killed about ten people, leaving more than 100 injured. Pol. Gen. Surachet Hakparn, Deputy National Polcie Chief said a preliminary investigation revealed misconduct by state officials of the Munoh Subdistrict Administrative Organization as they were the first agency to be informed of plans to construct a large fireworks storage facility in the community. Full Story: https://tna.mcot.net/english-news-1227530 -- Thai News Agency 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

BOT Reports Slight Contraction in Commercial Banking System BANGKOK (NNT) - The Bank of Thailand (BoT) has revealed that the commercial banking system’s credit slightly contracted by 0.4% in the second quarter of 2022, with the ratio of Non-Performing Loans (NPL) to total loans standing at 2.67% Full Story: https://aseannow.com/topic/1304433-bot-reports-slight-contraction-in-commercial-banking-system/

BANGKOK (NNT) - The Bank of Thailand (BoT) has revealed that the commercial banking system’s credit slightly contracted by 0.4% in the second quarter of 2022, with the ratio of Non-Performing Loans (NPL) to total loans standing at 2.67% . Suwannee Jatsadasak, Assistant Governor of the Supervision Group at the Bank of Thailand, disclosed that the commercial banking system remains stable and resilient. Commercial banking credit in Q2 2022 saw a minor contraction of 0.4% compared to the same period last year due to the gradual debt repayment by businesses, particularly SMEs, including soft loans and government sectors, after continuous expansion to support liquidity during the pandemic. However, credit continued to grow from large holding businesses and significant retail loan portfolios, particularly in housing and personal segments. The credit quality slightly improved, primarily in SMEs and consumer loans, as commercial banks managed debt quality and provided ongoing debt restructuring assistance to their customers. This resulted in a decrease in NPLs for Q2 2022 to 492.3 billion baht, equivalent to an NPL ratio of 2.67%. The ratio of loans that have significantly increased credit risk was 6.08%, a minor increase from the previous quarter at 6.00%. Suwannee also spoke about the improved performance of the commercial banking system in Q2 2022 compared to the same period last year, resulting from increased net interest income, even though financial costs increased due to rising deposit interest rates and fee of the Financial Institutions Development Fund returning to normal levels. This, combined with rising operational costs and provisioning expenses, contributed to the increase in net profits for the quarter, primarily from seasonal dividend income and net interest income. However, the ability to repay debts of some SMEs and certain household groups, who remain financially fragile due to rising debt burdens and slow recovery in income, needs to be monitored closely. The household debt-to-GDP ratio slightly decreased in Q1 2022 following economic recovery, while the business sector’s debt-to-GDP ratio continued to decline, and profitability slightly improved from the manufacturing sector. Risks from the export sector slowing down with the global economy, the gradual recovery of the tourism sector, and the construction sector in line with government policies must also be observed. By Paul Rujopakarn Source: https://thainews.prd.go.th/en/news/detail/TCATG230823110827133 -- NNT 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Srettha govt expected to assume office by end of September : Wissanu Photo: Wissanu Krea-ngam The Pheu Thai-led government is expected to assume office at the end of September, according to Deputy Prime Minister Wissanu Krea-ngam today (Wednesday). Full Story: https://aseannow.com/topic/1304431-srettha-govt-expected-to-assume-office-by-end-of-september-wissanu/

The Pheu Thai-led government is expected to assume office at the end of September, according to Deputy Prime Minister Wissanu Krea-ngam today (Wednesday). He explained that, even though there is a Royal command appointing Srettha Thavisin as the prime minister, he is still unable to start performing his duty because his cabinet is yet to be set up and take the oath of allegiance. He gave a timeline of about three weeks for a new government to assume office. It will require one week for the completion of the cabinet line-up, another week for the secretariat of the cabinet to check the qualifications of all the cabinet candidates and another week for all the new ministers, led by the prime minister, to take an oath before HM the King or his portrait. Caption: Photo : Wissanu Krea-ngam Full Story: https://www.thaipbsworld.com/new-government-expected-to-assume-office-by-end-of-september-wissanu/ -- Thai PBS 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Condition Move Forward MP who collapsed in parliament improving A Move Forward MP from Samut Songkhram province, who collapsed during the joint parliamentary sitting to elect a prime minister on Tuesday, remains in hospital, but his condition is improving. Full Story: https://aseannow.com/topic/1304430-condition-move-forward-mp-who-collapsed-in-parliament-improving/

A Move Forward MP from Samut Songkhram province, who collapsed during the joint parliamentary sitting to elect a prime minister on Tuesday, remains in hospital, but his condition is improving. Arnuparp Likhitamnuaychai posted a photo of himself, on oxygen and in a hospital bed, on his Facebook page. “I’m safe now. I just changed my sleeping place. May I take a rest for now? Thanks to everybody for worrying about me,” he wrote. Full Story: https://www.thaipbsworld.com/condition-move-forward-mp-who-collapsed-in-parliament-improving/ -- Thai PBS 2023-08-23 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Eagle-eyed netizens study Thaksin’s watches Many Thai netizens were glued to coverage of the return to Thailand and surrender of now former fugitive ex-PM Thaksin Shinawatra, who had been in self-imposed exile for the best part of 17 years. Full Story: https://aseannow.com/topic/1304344-eagle-eyed-netizens-study-thaksin’s-watches/

Many Thai netizens were glued to coverage of the return to Thailand and surrender of now former fugitive ex-PM Thaksin Shinawatra, who had been in self-imposed exile for the best part of 17 years. Thaksin, being well aware of the local and international attention focused on his return on Tuesday, posted images of himself on his private jet before taking off from Singapore. Keen-eyed netizens noticed the watch Thaksin is wearing in one of the photos. X (Twitter) user and political analyst M.L. Nattakorn Devakula wrote “If I am not wrong, the watch Thaksin is wearing is Patek Philippe Grandmaster Chime”. Patek Philippe watches are renowned some of the most expensive in the world. If M.L. Nattakorn is correct, prices of the series he mentioned start at about Bt110 million. When Thaksin landed at a Don Muang VIP airport, however, online detectives went to work again, noticing that the watch Thaksin was now wearing, when he briefly greeted his supporters, was not the same one as in the photo taken on the aircraft. Instead, it was identified as an Omega X Swatch, the price of which is about Bt8,700. Source: https://www.thaipbsworld.com/eagle-eyed-netizens-study-thaksins-watches/ -- Thai PBS 2023-08-22 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe

Move Forward MP collapses in parliament Move Forward MP Arnuparp Likhitamnuaychai collapsed in parliament during the vote for the new prime minister today (Tuesday), prompting the deputy parliament president, Pornpetch Wichitcholchai, to suspend the selection process temporarily. Full Story: https://aseannow.com/topic/1304343-move-forward-mp-collapses-in-parliament/

Move Forward MP Arnuparp Likhitamnuaychai collapsed in parliament during the vote for the new prime minister today (Tuesday), prompting the deputy parliament president, Pornpetch Wichitcholchai, to suspend the selection process temporarily. The Samut Songkhram MP’s colleagues, among them Tosaporn Serirak, rushed to his aid, as a medical team was immediately sent to administer CPR. The ailing MP was then taken to Vajira Hospital by ambulance. Full Story: https://www.thaipbsworld.com/move-forward-mp-collapses-in-parliament/ -- Thai PBS 2023-08-22 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe