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Thailand Live Thursday 1 Oct 2015

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NLA passes amendment on real estate auctioning

BANGKOK, 1 October 2015 (NNT) - The National Legislative Assembly (NLA) has passed an amendment to the civil code pertaining to the auction of real estate properties.


The law was drafted so that prospective landowners would not need to be responsible for the outstanding bills of the previous owner. The law would help protect the rights of the buyers and make real estate more appealing to the general market.

The committee tasked with scrutinizing the bill proposed that related agencies inform the public of the implications of the new law.

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Thai Banks Face Biggest Default Since '97 as Steel Venture Fails
David Yong Anuchit Nguyen

(Bloomberg)Teesside, a gritty steel making district in England’s north east, is almost as far removed as you can get from the steamy streets of Bangkok. The two collided this week to inflict the biggest default on Thai bankers since the Asian financial crisis.

Full story: http://www.thaivisa.com/forum/topic/859735-icymi-thai-banks-face-biggest-default-since-97-crash/

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Visitor’s multiple entry visa effective from November

BANGKOK, 1 October 2015 (NNT) – Thailand is set to introduce its new multiple entry visa regulations for tourists from 13th November 2015 to facilitate the travels of tourists who wish to enter Thailand multiple times, an MFA spokesman announced.

Full story: http://www.thaivisa.com/forum/topic/859737-thai-mfa-spokesman-visitors-multiple-entry-visa-effective-from-november/

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Prayut claims success in New York trip
The Nation

BANGKOK: -- Prime Minister Prayut Chanocha Wednesday wrapped up his New York trip and claimed it was a success, saying international community expressed their confidence and interest in cooperating with Thailand in areas of trade and investment.

Full story: http://www.thaivisa.com/forum/topic/859751-prayut-claims-success-in-new-york-trip/

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Academic backs govt forest expansion plan

BANGKOK, 1 October 2015 (NNT) – An academic has expressed support for the government’s forest expansion plan which would cover 40 percent of the country’s land within 10 years.


Khanchai Duangsathaporn, the head of Kasetsart University’s Forest Management Department in its Faculty of Forestry, has said that the government’s forest expansion plan to increase the forest land to cover 40 percent of the country’s land within 10 years is possible and should be done in order to reclaim forest land that has been encroached on. He added that the forest areas owned by the government and the private sector should be restored and cultivated.

He added that the government must execute this strategy continuously every year, and it should be addressed in the National Economic and Social Development Plan, and that more public participation should be encouraged to help preserve the forest areas.

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UPDATE:

BMA to reduce private cars amid growing traffic crisis

BANGKOK, 1 October 2015 (NNT) – The Governor of Bangkok says the Bangkok Metropolitan Administration (BMA) is planning to reduce the use of private cars in the capital, which faces a looming traffic crisis.

Full story: http://www.thaivisa.com/forum/topic/859507-bangkok-governor-proposes-car-sale-restriction/page-2#entry9916422

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Saudi-Iran tension still high despite deal to repatriate bodies of dead Haj pilgrims

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THERAN: -- Just hours after strong words from Iran’s Supreme Leader Ayatollah Khamenei, a deal has been reached to repatriate the bodies of his compatriots killed in the Haj pilgrimage stampede near Mecca.

Full story: http://www.thaivisa.com/forum/topic/859790-saudi-iran-tension-still-high-despite-deal-to-repatriate-bodies-of-dead-haj-pilgrims/

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Underpass construction digs in with delays
Phuket Gazette

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Construction of the Chalong Underpass was meant to start last month. Photo: Highways Department

PHUKET: -- The need to remove more than 100 utility poles in preparation for building the Chalong Underpass may delay the start of construction until next year.

Full story: http://www.thaivisa.com/forum/topic/859799-underpass-construction-digs-in-with-delays/

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PM hails 'understanding' with US on politics, business
The Nation

NEW YORK: -- On the eve of his return from the 70th session of the United Nations General Assembly (UNGA 70) in New York, Prime Minister Prayut Chan-o-cha said Thursday that the international community had shown confidence in Thailand on the global stage.

Full story: http://www.thaivisa.com/forum/topic/859806-pm-prayut-hails-understanding-with-us-on-politics-business/

Yingluck risks being counter-sued, says ex-judge
THE NATION

BANGKOK: -- FORMER prime minister Yingluck Shinawatra risks getting slapped with a counter-suit for accusing a former attorney-general and three prosecutors of abuse of authority, former Supreme Court justice Chuchart Srisaeng said Thursday.

Full Story: http://www.thaivisa.com/forum/topic/859852-yingluck-risks-being-counter-sued-says-ex-judge/

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