Thailand Live Monday 22 Jun 2015

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Rangsit Uni forecast economic growth by 2.9% this year

BANGKOK, 22 June 2015 (NNT)-The Rangsit University Economics and Business Research Center for Reform has forecast that the Thai economy will likely grow by 2.9-3.4% this year.

According to the Rangsit University Dean of the Faculty of Economics, Dr. Anusorn Thamjai, the figures have been revised down from the 3-3.9% predicted earlier, given the export growth will likely be negative.

The export growth was previously predicted to grow by 1.5-2% this year. However, it has now been revised down to 0.5% to -1%, due to the slow global economy, Dr. Anusorn said.

He further added that the Thai economy will probably improve as the government’s investment projects are expected to attract private investments in the second half of this year.

Mr. Anusorn is also urging the government to intervene in the prices of produce, as they continue to decline and to help maintain the livelihood of Thai farmers.


-- NNT 2015-06-22

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Asean joins hands to fight drug trade in the region
The Nation

BANGKOK: -- Asean+3 are planning to establish an Asean Narcotics Cooperation Centre (Asean-Narco) based at the Office of the Narcotics Control Board (ONCB) in Bangkok's Phya Thai district in order to tackle drug trafficking by sharing information, preventing and suppressing drug-related crimes in the region.

Presiding over the opening ceremony of the Asean+3 (China, Japan and South Korea) workshop Monday, ONCB secretary-general Permpong Chaovalit said the participating countries would discuss the cooperation, which includes the establishment of this centre. The workshop will wrap up Wednesday.

Source: http://www.nationmultimedia.com/breakingnews/Asean-joins-hands-to-fight-drug-trade-in-the-regio-30262837.html


-- The Nation 2015-06-22

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BMA to build new bike trail in honor of HM Queen's birthday

BANGKOK, 22 June 2015 (NNT) - The Bangkok Metropolitan Administration is building a new bike trail along Nong Bon lake in a bid to celebrate Mother’s Day and Her Majesty the Queen’s birthday on August 12.

A 4-kilometer-long bike trail is being constructed in place of Bangkok’s old flood control center. The construction is set to be completed on June 30. Solar street lights, traffic signs and closed-circuit cameras will be installed along the trail.

A new gazebo will also be built and more landscaping will be undertaken before the big opening in July.

The BMA will also stage an exhibition displaying His Majesty the King’s sailing inventions and Her Majesty the Queen’s water-related project at the Nong Bon lake water sports center. As the new trail will replace an old flood control center, exhibitions on flood prevention measures and royal flood projects will also be set up.


-- NNT 2015-06-22

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ECONOMY
Private companies start to feel pinch of slowdown
The Nation

BANGKOK: -- Thailand's economic growth prospect is skewed to the downside which now affects the private sector's debt financing ability and the banking sector's asset quality, said the Bank of Thailand.

Full story: http://www.thaivisa.com/forum/topic/834779-thai-economy-private-companies-start-to-feel-pinch-of-slowdown/

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MSDHS Minister explains ministry's beggars and homeless regulations

BANGKOK, 22 June 2015 (NNT) – The Minister of Social Development and Human Security has detailed the ministry's efforts in solving the social issue of beggars and homelessness through a promotional campaign named ‘The Proper Ways of Giving’, urging the public to help donate.

Full story: http://www.thaivisa.com/forum/topic/834789-thai-msdhs-minister-explains-ministrys-beggars-and-homeless-regulations/

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to continue:

Thailand Live Tuesday 23 Jun 2015

http://www.thaivisa.com/forum/topic/834879-thailand-live-tuesday-23-jun-2015/