The Bureau of Royal Household has returned for further review the names of the four new members of the seven-member National Telecommunications Commission (NTC) board to the Cabinet Secretariat.
The review is to double-check the qualifications of the nominees before seeking royal endorsement. Col Natee Sukolrat, one of the nominees, is currently under investigation by the National Anti-Corruption Commission.
The move by the Royal Household is sure to further delay the planned auction of third-generation (3G) licences in the 2.1GHz spectrum expected in the second quarter of this year.
A source said the Royal Household Bureau refused to forward the names of the four new members earlier appointed by the Senate to the King for endorsement after a former executive of CAT Telecom, Thamnoon Julamaneechoti, submitted a petition to the Administrative Court and the Royal Household Bureau against the nominees because of the NACC investigation.
Mr Thamnoon first petitioned the Administrative Court to suspend the Senate's NTC appointments. But the court rejected that petition, leading him to the Royal Household.
Advanced Info Service chief executive Wichien Mektrakarn said he believed the 3G licence auction would be delayed for at least two years because it is unclear how long it will take for the new NTC board to resume work. In the meantime, the current board is unlikely to move forward with an auction.
Thailand’s economic growth expected to return to 2019 levels in mid-2023
Although the economy would recover next year, the recovery is still substantially below potential level resulting in a large output loss and could affect Thailand’s potential economic growth in the future with the economy expected to return to 2019 levels in mid-2023.
The Siam Commercial Bank (SCB), one of Thailand’s largest commercial banks, said in its latest economic outlook report that the country’s economy may wait until the second semester of 2023 to return to 2019 growth levels.(more…)
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