Oath ‘fix’ tipped for today : Govt House event has message from King . Prime Minister Prayut Chan-o-cha is due to lead the cabinet in receiving a message from His Majesty the King at Government House today, in an event believed to be linked with the recent controversy over the swearing-in of the cabinet, according to an internal formal schedule circulated yesterday. Bangkok Post
MPI downgraded, expected to stay flat : Thailand’s manufacturing production index (MPI) in 2019 is expected to stay flat at 0-1%, a downgrade from a previous projection of 2-3%, says the Office of Industrial Economics (OIE). The OIE cut the outlook after the July index dropped 3.23% year-on-year, blaming the downturn on the global economy and the US-China trade war. Bloomberg
Q3 exports poised for biggest drop : Recovery possible in last quarter, says KTB . Exports are set to experience the biggest drop of the year this quarter, marred by rising Sino-US trade tensions and relocation in the global supply chain, says a KTB economist. Bangkok Post
BoT holds off on DSR standard plan : Vulnerable exposed amid poor economy . The Bank of Thailand has delayed implementing a standardised debtservice ratio (DSR) calculation from the final quarter of this year, hoping to help low-income earners access loans from financial institutions amid the sluggish economy. Bangkok Post
EEC Office, ZAEZ ink aerotropolis agreement : The Eastern Economic Corridor (EEC) Office has signed an agreement with China’s Zhengzhou Airport Economy Zone (ZAEZ) on strategic cooperation and to develop an aerotropolis at U-tapao airport in Rayong province. Bangkok Post
GM cuts 327 jobs at plants in Rayong : General Motors Thailand, the local car production unit of the US parent, has cut a further 327 jobs at its Rayong plants as part of a plan to reduce operating costs and slim down the manufacturing facility. Bangkok Post
Q3 exports poised for biggest drop : Recovery possible in last quarter, says KTB . Exports are set to experience the biggest drop of the year this quarter, marred by rising Sino-US trade tensions and relocation in the global supply chain, says a KTB economist. Bangkok Post
DE Ministry expedites 5G to lure global investors : The Digital Economy and Society (DE) Ministry aims to accelerate 5G adoption to next year, especially in Eastern Economic Corridor (EEC) areas, as a way to attract global tech investment. Bangkok Post
Sticky rice discount to B35 next week : The government will discount sticky rice packs to 35 baht per kilogramme next week to ease the consumer burden after a steep rise in prices. Bangkok Post
Uttama sees changed landscape ahead : Thailand’s investments in railways, electric trains and the Eastern Economic Corridor (EEC) will change the country’s economic and infrastructure landscape in the next 5-10 years, says Finance Minister Uttama Savanayana. Bangkok Post
