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Thailand offers first energy blocks auction in seven years

For the first time in seven years, Thailand will be auctioning off licenses to explore for oil and natural gas within its borders, as the Kingdom seeks new sources of fossil fuels in addition to developing alternative and renewable energy sources. Most of the blocks will be onshore in central and northeastern provinces, while some will be offshore.
For the first time in seven years, Thailand will be auctioning off licenses to explore for oil and natural gas within its borders, as the Kingdom seeks new sources of fossil fuels in addition to developing alternative and renewable energy sources.

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Legislature pushing for laws to reduce inequality

Some prominent members of the National Legislative Assembly said last week they are working on drafting four laws that should reduce inequality, long regarded as a cause of social unrest and political divisions. The pro-poor laws concern progressive taxation, community title deeds, a land bank and a justice fund.
Some prominent members of the National Legislative Assembly said last week they are working on drafting four laws that should reduce inequality, long regarded as a cause of social unrest and political divisions.  The pro-poor laws concern progressive taxation, community title deeds, a land bank and a justice fund.
 
While legislators expect some of the laws will be met with resistance from affected groups, the government should have the courage to support, pass and enforce them, Prof.

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U.S. embassy praises Thailand’s Ebola preparedness

The deputy chief of the United States Embassy in Bangkok praised the measures Thailand has taken to prevent and control any possible spread of the deadly Ebola virus in the Kingdom. The U.S. official made the comments during a meeting with Thailand’s Deputy Minister of Public Health to discuss bilateral cooperation on public health.
The deputy chief of the United States Embassy in Bangkok praised the measures Thailand has taken to prevent and control any possible spread of the deadly Ebola virus in the Kingdom.  The U.S. official made the comments during a meeting with Thailand’s Deputy Minister of Public Health to discuss bilateral cooperation on public health. 
 
During the meeting with Deputy Chief of Mission of the U.S. Embassy W. Patrick Murphy, Deputy Minister Dr.

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Cobra Gold military exercise to proceed

The United States government has given the green light to its armed forces to stage the 2015 Cobra Gold joint military exercises with host Thailand, the largest multilateral military exercises conducted by the U.S. in the Asia-Pacific region.
The United States government has given the green light to its armed forces to stage the 2015 Cobra Gold joint military exercises with host Thailand, the largest multilateral military exercises conducted by the U.S. in the Asia-Pacific region. 
 
“We are proceeding with a refocused and scaled-down Cobra Gold 2015 exercise,” a spokesperson at the U.S.

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Government Pension Fund wants to invest more overseas

Executives managing the Government Pension Fund said last week they will ask the Ministry of Finance to relax its rules and allow them to invest a higher percentage of the fund’s holdings in foreign assets, particularly foreign equities, in order to gain more robust returns for the fund’s contributors.
Executives managing the Government Pension Fund said last week they will ask the Ministry of Finance to relax its rules and allow them to invest a higher percentage of the fund’s holdings in foreign assets, particularly foreign equities, in order to gain more robust returns for the fund’s contributors. 
 
Should the Ministry of Finance agree, Thailand would become a more significant institutional investor in global equities.

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UNHCR praises Thai anti-trafficking efforts

The Thailand representative of the United Nations High Commissioner for Refugees (UNHCR) praised the Kingdom’s migrant worker registration program as a significant attempt to prevent human trafficking. Meanwhile, Thai police uncovered over 100 South Asian trafficking victims in southern Thailand and rescued a group of underage girls from Laos from a northern brothel last week.
The Thailand representative of the United Nations High Commissioner for Refugees (UNHCR) praised the Kingdom’s migrant worker registration program as a significant attempt to prevent human trafficking.

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PM Prayut pushes for free trade at Asia-Europe meeting

Prime Minister Prayut Chan-o-cha called for more free-trade agreements and closer cooperation between Thailand, other Asian nations and Europe while attending the Asia-Europe Meeting (ASEM) in Milan, Italy, last week, his first international summit since becoming Thailand’s leader in May.
Prime Minister Prayut Chan-o-cha called for more free-trade agreements and closer cooperation between Thailand, other Asian nations and Europe while attending the Asia-Europe Meeting (ASEM) in Milan, Italy, last week, his first international summit since becoming Thailand’s leader in May. 
 
In addition to increasing and expanding free-trade agreements, Prayut advocated deepening partnerships and improving risk management in order to forge closer exchanges and stronger working relationships between the countries of the two regions.

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Japan Expresses Confidence in Thai Economic Policy

On September 3rd and 4th, Permanent Secretary Sihasak Phuangketkeow attended the 29th Asean-Japan Forum in Tokyo to discuss relations in such areas as business, trade, investments, and tourism. Special emphasis was placed on laying the foundation for the Regional Comprehensive Economic Partnership (RCEP), which will establish open trade and foster an investment environment between Asean and their free trade partners. Mr. Sihasak met with representatives from 24 of Japan’s biggest companies including Satoshi Mukuta, Senior Managing Director of Keidanren, as well as Kalin Sarasin, Secretary General of the Thai Chamber of Commerce.
 

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Pan American opens training center in Bangkok

The Pan American Training Institute opened an international flight-training center in Bangkok last week in partnership with Japan’s All Nippon Airways and Thailand’s Nok Air. Also, Thailand’s Bangkok Airways announced it would become a listed company in November with an IPO worth US$500 million.
The Pan American Training Institute opened an international flight-training center in Bangkok last week in partnership with Japan’s All Nippon Airways and Thailand’s Nok Air.  Also, Thailand’s Bangkok Airways announced it would become a listed company in November with an IPO worth US$500 million. 
 
Industry experts called the Pan Am International Fight Training Center – Thailand a “world-class facility” that will meet the needs of individuals, airlines and countries in the Asia-Pacific region.

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WHO asks to test Thai-developed antibody to Ebola virus

The World Health Organization is asking doctors at Mahidol University for permission to test an antibody to the deadly Ebola virus that the doctors announced they had developed last week. Meanwhile, the government said it would make free antiretroviral therapy available to anyone living with HIV without regard to the level of their infection.
The World Health Organization is asking doctors at Mahidol University for permission to test an antibody to the deadly Ebola virus that the doctors announced they had developed last week.

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