Domestically there isn’t enough interesting news to hit 10…
- Thailand’s National Regulatory Authority (NRA) for vaccines reached Maturity Level 3 – the second-highest level in the WHO regulatory systems classification system – on Aug 27, according to info published on its website.
- BoI incentives push for ‘Industry 4.0’: The Board of Investment (BoI) approved incentives yesterday to encourage entrepreneurs to accelerate upgrading their production and machinery to “Industry 4.0” standards. Bangkok Post
- Central bank issues warning over online financial scams: The Bank of Thailand is warning consumers to be wary of online financial fraud as incidents have been increasing, with the pandemic pushing more people towards digital outlets. Bangkok Post
- EV board to announce incentives package on EV promotion on Nov 8, expected cabinet signed off before Motor Expo event December 1-12.
- PM announced last night vaccinated visitors from 10 countries, including US, China, Spore, Germany and UK, won’t be required to undergo isolation from Nov 1, in a move to revive tourism. Arrivals plunge to 74K 8M21 from almost 40m in 2019. Sale of alcohol at restaurants may be allowed from December 1.
- BOI said investment applications rise 140% yoy to Bt520.7b 9M21, supported by improving sentiment. Electrical appliance and electronics rank 1st among targeted industries with Bt77.2b.
- The three state tax collection departments have failed to meet their original revenue target for fiscal 2021 due to prolonged pandemic.
- Rule of law weakening: Thailand slips two spots in global survey, with pandemic having notable effect on civic space. Thailand has fallen two places to 80th out of 139 countries for the rule of law, which has been deteriorating worldwide amid the ongoing coronavirus pandemic, according to the World Justice Project (WJP). The areas of greatest decline globally include constraints on government powers, civic space, timeliness of justice and absence of discrimination, the organisation said as it released its Rule of Law Index 2021. Bangkok Post
- Value of e-commerce forecast to hit B4tn: DTC approach now a prevailing trend. The value of Thailand’s e-commerce is expected to grow 6.1% to 4 trillion baht this year, crucially driven by businesses that are sharpening their focus on the business-to-customer (B2C) model in the wake of the pandemic, according to the Electronic Transactions Development Agency (ETDA). Bangkok Post