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Ambassador of the Hashemite Kingdom of Jordan to ASEAN presents credentials

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Ambassador of the Hashemite Kingdom of Jordan to ASEAN presents credentials

Ambassador of the Hashemite Kingdom of Jordan to ASEAN, Abdallah Suliman Abdallah Abu Romman, presented his Letter of Credence to Secretary-General of ASEAN, Dato Lim Jock Hoi on 23 July 2019 at the ASEAN Secretariat

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MOPH opens virtual Hospital for Mental Health

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BANGKOK, 20th July 2019 (NNT) The Department of Mental Health has launched the “OOCA” application to provide an online consultation channel to reduce the risk of depression and suicide among children and adolescents.

Dr. Kiattiphum Wongrachit, Director-General of the Department of Mental Health, has signed a memorandum of understanding with Telemetica Co., Ltd. within the Kamphaeng Phak Jai Project. The “OOCA” application will be used to provide an online consultation channel to reduce the risk of depression and suicide among children and adolescents. Online psychiatrists or psychologists will provide a service through a virtual hospital or an online hospital that is more convenient to access. Patients can request a consultation wherever they are and there is a high level of privacy.

The Kamphaeng Phak Jai Project is a pilot project to assist and support mental health work among undergraduate students in public universities who can request a consultation via the online hospital system free of charge. The service is to be expanded to cover children and adolescents aged 10-24. Experts with knowledge based on academic principles and psychological counseling. are able to listen to and analyze the patients’ problems. The Department of Mental Health has also developed a system to effect the transfer of patients to a hospital or a mental health clinic to ensure continuous care and has set a goal of reducing the rate of suicide among children and adolescents aged 10-24 from the present 300 people per year to 150 people a year.

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Thai Exports down 2.91% in the first half of 2019

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BANGKOK, 22nd July 2019 (NNT) – The ongoing trade war between China and the United States continues to affect Thailand’s export sector. Last month, exports were down 2.15%, causing the sector to contract 2.91% in the first half of the year.

The Director-General of the Trade Policy and Strategy Office, Pimchanok Vonkorpon, said today that Thailand’s exports fell for a fourth straight month in June, with an estimated value of 21.4 billion US dollars. Exports in May contracted 6.2%.

Trade tensions between China and the US

The decrease was attributed to the trade tensions between China and the US. Exports of Thai products that are dependent on China’s supply chain saw a decline. The key products include computer parts and components and electrical integrated circuits.

Exports of agricultural products also fell for a second consecutive month. Rice exports dropped 34.6% due to lower demand. With the baht’s appreciation and China starting to export more rice, prices of Thai rice have become less competitive.

Exports in the first half of this year were estimated at 122.97 billion US dollars, down 2.91% year-on-year.

However, Thailand’s export sector performed well when compared to other countries in the region, as it still has room to grow and expand in many markets. Thailand also has alternative products that can be exported to various countries that have been affected by the trade measures.

The Deputy Prime Minister and Commerce Minister, Jurin Laksanawisit, has instructed relevant agencies to set up a joint public-private committee to exchange ideas and suggestions on ways to overcome various economic challenges and…

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Exports down 2.91%

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Exports down 2.91%

BANGKOK, 22nd July 2019 (NNT) – The ongoing trade war between China and the United States continues to affect Thailand’s export sector. Last month, exports were down 2.15%, causing the sector to contract 2.91% in the first half of the year.

The Director-General of the Trade Policy and Strategy Office, Pimchanok Vonkorpon, said today that Thailand’s exports fell for a fourth straight month in June, with an estimated value of 21.4 billion US dollars. Exports in May contracted 6.2%. The decrease was attributed to the trade tensions between China and the US. Exports of Thai products that are dependent on China’s supply chain saw a decline. The key products include computer parts and components and electrical integrated circuits.

Exports of agricultural products also fell for a second consecutive month. Rice exports dropped 34.6% due to lower demand. With the baht’s appreciation and China starting to export more rice, prices of Thai rice have become less competitive.

Exports in the first half of this year were estimated at 122.97 billion US dollars, down 2.91% year-on-year. However, Thailand’s export sector performed well when compared to other countries in the region, as it still has room to grow and expand in many markets. Thailand also has alternative products that can be exported to various countries that have been affected by the trade measures.

The Deputy Prime Minister and Commerce Minister, Jurin Laksanawisit, has instructed relevant agencies to set up a joint public-private committee to exchange ideas and suggestions on ways to overcome various economic challenges and stimulate exports.

Imports in June were estimated at 18.19 billion US dollars, down 9.44%, resulting in a trade surplus of 3.21 billion US dollars. For the first six months of this year, the country had a trade surplus of 3.94 billion US dollars.

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Thai Industrial Property market driven by rocketing Chinese FDI – Real Estate

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Bangkok, 8 May 2019 – According to a survey in Q4 2018 by CBRE, a leading international property consultant, Serviced Industrial Land Plots (SILPs) sales by major developers in Thailand increased by 50% Y-o-Y at a total of 1,000 rai (160 hectares) sold.

Of the total 1,000 rai (160 hectares) sold, 146 rai (23.4 hectares) were in Amata’s Thai-Chinese Park which developed SILPs specifically for Chinese manufacturers.

FDI in manufacturing jumped 130% in 2018

Foreign Direct Investment (FDI), as reported by the Bank of Thailand (BOT), in the manufacturing sector in 2018 increased by 130% Y-o-Y.

Many developers have reported that there was demand from Chinese manufacturers who were looking to relocate to Thailand due to the US-China trade war that has resulted in “Made in China” products having higher tariffs.

Foreign Direct Investment into Manufacturing Sector Source: Bank of Thailand

Vietnam has been the biggest beneficiary of Chinese manufactures relocating due to the trade war, but Thailand is also benefiting.

Japan has been the largest source of FDI in manufacturing sector in Thailand since the late 1980’s, but their position may be replaced by China in the future.

CP Land, a property arm of Charoen Pokphand Group, has formed a joint venture with Guangxi Construction Engineering Group, one of China’s largest construction companies, to set up CPGC Industrial Estate in Rayong on over 3,068 rai (490 hectares), targeting Chinese investors in four main industries including smart electronics, medical hub, digital and robotics.

“It is not just developers of SILPs on industrial estates that are gaining from China’s growing role in the Thai economy. Chinese e-commerce companies are going to drive the demand for Modern Logistics Properties (MLPs)…

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5 questions answered about the debt ceiling and why we should kill it

Thailand Business News

The debt ceiling and why we should kill it: 5 questions answered The Conversation18 Jul 2019, 22:24 GMT+10 Editor’s note: The U.S. government maxed out its national credit card in March and has been moving money around ever since to avoid running out of cash. Very soon the Treasury Department will reach the limits of […]

The post 5 questions answered about the debt ceiling and why we should kill it appeared first on Thailand – China.

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Minister visits area affected by Wild Elephants

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KANCHANABURI, 21st July 2019 (NNT) -Natural Resources and Environment Minister Warawut Silpa-archa has visited Salak Phra Wildlife Sanctuary and met with local villagers affected by the presence of wild elephants.

Mr Warawut visited Salak Phra wildlife sanctuary in the capital district of Kanchanaburi province and met with local villagers who have been affected by wild elephants eating their farm crops. Vasant Sunchirat, Kamnan of Chong Sadao tambon, Vanida Buasorn, Kamnan of Wang Dong tambon and a number of villagers who brandished placards calling on the minister for help.

The villagers also asked the minister to help clear up allegations that their farmland overlaps with the sanctuary area. Mr Warawut talked with the villagers for nearly an hour, accepted their complaints and had pictures taken with them. The villagers apparently demanded that the minister provide a budget for the creation of food and water sources for the wild elephants in the inner part of the wildlife sanctuary. Besides, another budget is demanded for the excavation of waterways and iron fences along the waterways. The existing electric fences cannot keep the elephants from encroaching upon the farmland.

Mr Warawut met with high-ranking government officials at the operation center of Salak Phra wildlife sanctuary for about two hours. He planted a Yellow Star tree as a memento of the occasion at the center.

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TAT Governor speaks about animal welfare and wildlife conservation – Tourism

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Bangkok, 18 July 2019 – In this interview, Tourism Authority of Thailand (TAT) Governor Mr. Yuthasak Supasorn highlights Thai society’s long-standing respect for nature and close relationship with the animal kingdom, and how TAT continues to build on its history of animal welfare and wildlife conservation, particularly in emerging and secondary destinations.

Q: What is the history of Thailand in relation to elephants?

The role of the elephant in Thailand has been a long one that we’re not really sure when it actually began. In various times in history, the Thais took advantage of the elephants’ sheer size and strength to protect the Kingdom in battle and also put them to work across the country for generations in lieu of machinery.

The elephant is also the national symbol and has special spiritual significance with its deep associations with Buddhism and Hinduism. So, it must always be revered and well taken care of.

Q: What are examples of elephant conservation?

There are many conservation projects and sanctuaries around Thailand in all regions. Examples include but are not limited to the Elephant Hospital in Lampang, the Elephants World in Kanchanaburi, and Phang Nga Elephant Park in Southern Thailand’s Phang Nga province to name only a very few.

Thai wildlife conservation and animal care efforts are working
The elephant is also the national symbol and has special spiritual significance with…

Read the complete story on Thailand Business News