Rolls Royce admits bribery in Thailand | Bangkok Post: news

Aircraft in Thailand use a variety of engines, with GE and Rolls Royce (above) the clear favourites, including by Thai Airways International. The case involved admitted bribery in Thailand, but authorities said no Thai complaint was filed, and no details were forthcoming. UK High Court judge Brian Leveson approved a deferred prosecution agreement during a public hearing on Tuesday. The UK's agreement covered conduct in Indonesia, Thailand, India, Russia, Nigeria, China and Malaysia. Transparency International's UK executive director Robert Barrington says individuals should be prosecuted so the case serves as a deterrent to bribery.

January 17, 2017 19:17 UTC

Xi: China ready for world leadership | Bangkok Post: news

Xi Jinping, China's president, speaks during the opening plenary session of the World Economic Forum. "In a world marked by great uncertainty and volatility the world is looking to China," WEF founder and chairman Klaus Schwab said before welcoming Xi to the stage. Ian Bremmer, president of political risk consultancy Eurasia Group, tweeted: "Davos reaction to Xi speech: Success on all counts. In his speech, Xi acknowledged that globalisation had become a "Pandora's Box", benefiting certain segments of society while harming others. Despite a sluggish global economy, he said China's economy was likely to have grown by 6.7 percent in 2016.

January 17, 2017 18:18 UTC

Police find gang making hit-and-run 'scapegoat' | Bangkok Post: news

A pickup truck hit a man riding a bicycle on the opposite lane on a two-lane road while trying to overtake a motorcycle in front. The motorcycle driver, who later became one of the witnesses, claimed the licence plate was "Bor Kor 56 Sakhon Nakhon". Police traced the licence plate back to an owner in Sakhon Nakhon, who bought it from her neighbour and transferred the ownership on that day. Besides, it found the green paint could not have come from the licence plate because the one on Jomsap's vehicle was intact. The licence plate of Jomsap's truck was "Bor Kor 56 Sakhon Nakhon".

January 17, 2017 14:16 UTC

Tax break for flood-hit house, vehicle repairs | Bangkok Post: news

Highway police deliver food, drinking water and necessities to flood-affected residents living along Trang river in Muang Trang district, Trang province on Friday. The cabinet on Tuesday approved a personal income tax break of up to B100,000 for post-flood repair expenses -- up to 100,000 baht for properties and 30,000 baht for vehicles. The exemption, to be issued as a finance ministerial regulation, is applied to expenses incurred between Dec 1, 2016 and May 31, 2017 only. Kobsak Phutrakul, vice minister to the Prime Minister's Office, said the Finance Ministry had estimated the cost of the flooding in the South at around 15 billion baht. Flash floods and storms have hit 12 southern provinces, affecting 1.6 million people and causing damage to 20 government installations, 1,172 roads and 191 bridges.

January 17, 2017 13:44 UTC

Leicester City to make Nong Pee’s dream come true

Suwin, or better known as “Nong Pee”, became an internet sensation earlier this month when a video clip of him showing his unique ability during a TV programme attracted 10 million views. However, his meteoric rise would now be capped off by the chance of playing at the Thai-owned Leicester City. I don’t know whether he would be a football player in the next 10 or 20 years from now. No, because I don’t know whether he would become a football player or maybe a teacher when he comes back. But, we would like to show him what he needs to do in order to become a professional player.

January 17, 2017 12:40 UTC

Asia drives rise in 2016 world tourism numbers: UN

The number of people living in Asia and discovering both their own region and the rest of the world rose eight per cent compared to 2015, the Madrid-based body said. The Asia-Pacific area, meanwhile, proved a popular destination -- the second most visited region after Europe. WTO chief Taleb Rifai told reporters the results in Europe varied widely from one country to the next. He refused to give a much-anticipated ranking of the most visited countries, saying this would be unveiled later. In 2015, France ranked number one, followed by the United States and Spain.

January 17, 2017 12:04 UTC

Davos: China's Xi says no one will win trade war

There is "no point in blaming economic globalisation for the world's problems," he said, saying that the process was not at the root of the Syrian refugee situation or the 2008 financial crisis. "No one will emerge as a winner in a trade war," he added, in an oblique reference to Trump. Beijing is seeking to pick up the mantle of world economic leadership set to be shrugged off by Trump, who takes office Friday. China is pushing two major trade pacts, the Regional Comprehensive Economic Partnership (RCEP) and the Free Trade Area of the Asia Pacific. Xi added that China has "no intention" to boost its trade competitiveness by devaluing the yuan currency or launch a currency war.

January 17, 2017 11:59 UTC

Panel starts amending draft charter

The panel, chaired by Meechai Ruchupan chief of Constitution Drafting Commission, convened for the first time at the Office of Council of State after the Office of the His Majesty’s Principal Private Secretary had handed down observation on the draft charter needing amendment. Wissanu, who sits also in the declined to disclose the exact observations passed from the royal office but said the amending should be done in a week so that other procedures could be pursued. He said the panel might come up with several writings for the Prime Minister Prayut Chan-o-cha to choose from. Wissanu repeated that other articles related to political affairs would not be touched, but any points related to the monarch’s power could be adjusted to align with the new amendment. He said the panel would not vote to decide on the amendment despite the odd number of members 11.

January 17, 2017 11:39 UTC

Subaru production in Thailand to start in 2019

The Japanese automaker Tuesday announced its plan to enter a basic agreement on establishing a joint venture next month with TC Manufacturing and Assembly (Thailand) Co (TCMA TH), a subsidiary of Tan Chong International, to start production of Subaru vehicles in Thailand. Currently, Subaru production in Southeast Asia is conducted at a CKD (completely knocked down) assembly plant of Tan Chong Motor Assemblies in Malaysia, which builds the Subaru XV and Forester. “With a view to enhancing Subaru’s competitiveness and further growth in Southeast Asia, FHI has decided to start production in Thailand by a new and soon-to-be-established joint-venture company, Tan Chong Subaru Automotive (Thailand) Co Ltd, 74.9 per cent of which will be owned by TCMA TH and 25.1 per cent by FHI. The new joint venture aims to begin production in 2019,” the announcement stated.

January 17, 2017 11:27 UTC

Flooded Bang Saphan residents strike gold | Bangkok Post: news

Thanakorn Montha (right) and her friends travelled from Bangkok to try their luck panning for gold at Klong Thong canal in Prachuap Khiri Khan's Bang Saphan district. Klong Thong in tambon Ron Thong has been a good source of income for local people, who have panned for gold there for generations. This is the most Bang Saphan gold I’ve ever found. Each hoon of small gold nuggets can fetch 1,000 baht, while each hoon of gold flakes is worth 800 baht and a hoon of gold dust is 600 baht. “The local way of gold panning at Bang Saphan is a good thing and it should be preserved properly.”Below: Gold panners, a gold strike and gold buyers.

January 17, 2017 11:07 UTC

Luksika Bows Out of Australian Open

The wildcard entrant from the Asia/Pacific Play-off competition simply did not capitalize on her break point opportunities especially at four all in the second set and at three all in the final set where she slipped three break points away. After holding to go up 6-5 in the deciding set, the 19-year-old Japanese-Haitian generated a crucial break in the next game to seal off the victory in two hours and 26 minutes. If had been serving well like I did in the first set, I should have had the match. It was really difficult to break her games,” said Luksika who will next play in the Fed Cup in Kazakhstan next month. Luksika will drop from currently No 183 to the bottom of the top 200 in the next fortnight as she failed to defend 30 points from the Australian Open qualifying rounds 12 months ago.

January 17, 2017 10:41 UTC

Southern flood damage could reach B120bn | Bangkok Post: business

Officials inspect a flood-damaged bridge in tambon Khlong Sa of Kanchanadit district in the southern province of Surat Thani on Tuesday to prepare for its repair. (Photo by Supapong Chaolan)Economic damage from southern floods could rise to 120 billion baht if there is more rain and the water does not drain from rubber and oil palm growing areas, the Thai Chamber of Commerce said on Tuesday. Vichai Assarasakorn, vice-chairman of the chamber, said rubber trees die after 20 days in floodwater and oil palm trees after a month. If the flooding continues over the next few months, economic damage would rise to 85-120 billion baht, equivalent to 0.5-0.7% of the gross domestic product as it would hit rubber and palm plantations. He said 10-20% of room reservations at Gulf hotels were cancelled, but special events and promotions could draw tourists back there during the coming Songkran festival.

January 17, 2017 10:19 UTC

Three arrested for military recruitment cheat | Bangkok Post: news

39/294 at Sirikan Housing Estate in tambon Bang Mae Nang of Bang Yai district; and, Mr Wattana from house No. 71/391 in Prueksa Housing Estate in tambon Bang Mae Nang of Bang Yai district. Ms Saowanee and eight other members of the gang, all wearing military uniforms, were present at the ceremony. In an interrogation, Ms Panida, one of the three who were arrested, denied being a gang member. Police said that in addition to fraud, the nine might also be charged with illegally wearing military uniforms.

January 17, 2017 10:02 UTC

Chiang Mai zoo has a new baby | Bangkok Post: news

Chiang Mai zoo's newest addition, a young mountain goat born last Friday, has a healthy appetite. (Photo by Cheewin Sattha)CHIANG MAI -- Chiang Mai Zoo has a new addition, a mountain goat or liang pha, one of 15 protected animals in Thailand in danger of extinction. Zoo director Niphon Wichairat said the young kid, which has yet to be named, was born early last Friday morning. It is still not known if the zoo's newest member is male or female, as Fa has not allowed veterinarians to take a close look, he said. The youngster brings the size of liang pha herd at Chiang Mai Zoo to 14.

January 17, 2017 09:56 UTC

Vietnam courts Japanese high-tech investment

Vietnam has become a fierce competitor to regional neighbours like Thailand, Malaysia, China and Taiwan in tech manufacturing. Japanese firms are currently involved in more than 3,000 projects worth roughly $42 billion in Vietnam, mostly in the manufacturing sector. Abe called on Vietnam to "continue supporting Japanese enterprises (and) listening to experiences from Japanese companies in high-tech areas". "(It) will surely contribute to improving the quality of life in Vietnam," Nguyen Hoang, CEO of Vietnam's N&G Investment, told AFP. Vietnam, an authoritarian one-party state, has become a hot spot for private investment in recent years, especially in manufacturing and consumer sectors.

January 17, 2017 09:56 UTC

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