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The creation of a Thai sovereign wealth fund (SWF) has been debated in the country for several years.

Most recently, Supavud Saicheua, chairman of the National Economic and Social Development Council, reiterated his support for the proposal, pointing to Singapore’s success as a model. Established in 1981, Singapore’s SWF has grown to manage assets of roughly US$1.2 trillion, contributing returns equivalent to 20% of government revenue.

The Joint Standing Committee on Commerce, Industry and Banking also voiced its backing, viewing an SWF as an additional tool to manage capital flows and foreign exchange.

Payong Srivanich, chairman of the Thai Bankers’ Association, said such a fund could help raise demand for US dollars, giving the central bank another instrument to stabilise the baht and manage currency fluctuations.

He also urged the regulator to develop new instruments to maintain financial stability in a rapidly changing global environment.

What is a sovereign wealth fund?

These funds are set up by a government to manage the nation’s assets. The key features of SWFs are state ownership and financing by sources such as international reserves, revenue from oil exports (in the case of oil-producing countries), fiscal surpluses (with a portion allocated for the fund), or returns from state investments.

An SWF can invest in various asset classes such as equities, bonds, real estate and foreign funds.

The returns from SWFs can be used to cushion against future economic crises and serve as a mechanism to save natural resource revenues (such as Norway’s oil income) for future generations. Many countries operate SWFs, including Norway, the United Arab Emirates, China and Singapore.

What is the difference between international reserves and an SWF?

An SWF focuses on investing in assets that generate high returns while addressing the country’s long-term goals. These funds typically invest for the long term (often more than 20 years), can accept higher investment risks and can tolerate short-term losses. SWFs tend to invest in less liquid assets such as common stocks and private sector debt instruments in order to maximise returns.

In contrast, international reserves are focused on short-term investments, generally with an average maturity of less than five years. They have limited risk tolerance, prioritise minimising short-term losses and invest mainly in highly liquid assets such as foreign currencies and gold. Their purpose is to ensure exchange rate stability and provide immediate liquidity in the event of a currency crisis.

Does an SWF pose risks to a country’s international reserves?

Somjai Phagaphasvivat, an international economics analyst, said managing an SWF is not easy. If poorly managed, he said such a fund can affect international reserves.

SWFs have existed for a long time, and while some countries have suffered losses from mismanagement, others have generated profits, with Singapore a notable example, attributed to highly skilled personnel capable of managing such a large fund.

Mr Somjai recommended a clear bottom line: “If we invest in something risky, it must not jeopardise the majority of our reserves.”

Supporters of establishing a Thailand SWF argue concerns over the potential impact on reserves are an excuse to oppose its creation. However, he said an SWF does not use all of a country’s reserves — it only manages the surplus portion of reserves exceeding a necessary level in order to maximise returns.

International reserves play a vital role in maintaining macroeconomic stability, particularly as a buffer against economic crises, stabilising the value of the baht and in meeting external debt obligations during emergencies.

Typically funding for an SWF comes from reserves exceeding the internationally recognised adequacy level (as determined by the Bank of Thailand), or from fiscal surpluses.

Through careful consideration and guidance by clear criteria, Mr Somjai said an SWF can channel surplus funds into generating long-term returns, without affecting the core functions or stability of the country’s international reserves.

He said the most critical challenge is Thailand’s inexperience in independently managing funds for diversified global investments. However, the country does have some foundational elements that can be built upon.

Thailand has a few institutions with experience in managing large funds, as the Bank of Thailand manages international reserves, while the Social Security Office and Government Pension Fund have expertise in both domestic and international investments.

Mr Somjai said what matters most is not only past experience, but establishing sound governance from the outset, consisting of three prongs:

Independence: Management of an SWF must be completely separate from politics to prevent interference and misuse of funds for inefficient populist projects.

Transparency: Clear laws and mechanisms must be in place to ensure public disclosure of investment activities and returns.

Expertise: The fund must have a professional board and management team with global investment expertise, guided by well-defined investment policies.

What are some examples of successful SWFs?

Singapore and Norway are both examples of successful SWFs, though their structures and factors for success differ according to each country’s context.

Norway’s fund is called the Government Pension Fund Global (GPFG), but is widely known as the Oil Fund. It was established with a long-term goal: to transform revenues from oil and natural gas sales into wealth for future generations, ensuring the income from finite resources does not benefit only the current generation.

Separation from politics is the most critical factor. Norway has a strong governance system, where parliament and the Finance Ministry set broad investment policy guidelines. However, the day-to-day fund management — such as asset selection and stock trading — is delegated to Norges Bank Investment Management, an independent unit of Norway’s central bank, ensuring professional investment decisions free from political interference.

There is also transparency and accountability, as every investment of GPFG can be closely scrutinised. Investment data and returns are regularly disclosed to the public on a quarterly and annual basis, allowing citizens and parliament to monitor operations at all times.

The GPFG also has strict guidelines prohibiting investments in companies involved in human rights violations, arms manufacturing, tobacco or environmental destruction. This enhances the fund’s credibility and legitimacy on a global scale.

Meanwhile, Singapore’s SWF structure consists of two main funds with similar roles: Government of Singapore Investment Corporation (GIC) and Temasek.

Both are independent private entities managed by professional teams. They are not considered direct government agencies, even though the Finance Ministry is a shareholder.

GIC acts as the manager of Singapore’s foreign reserves, focusing on globally diversified investments to generate long-term returns, while Temasek Holdings is a holding company that makes strategic investments in domestic and international companies, aiming to create added value and improve the management of those companies.

Despite their high degree of independence, both funds are supervised by the president of Singapore, who has the authority to review board and senior management appointments. This ensures reserve funds are not misused and investment decisions do not adversely affect the country’s capital.

Operating as private companies allows GIC and Temasek to make investment decisions quickly and flexibly in global markets, investing efficiently in emerging industries, unlike funds strictly regulated by the state.

Although the structures differ, both Singapore and Norway have achieved success based on similar principles: separating fund management from political influence, having clear long-term goals and ensuring professional governance.

Prime Minister Anutin Charnvirakul has declared sustainability will be the new cornerstone of Thailand’s economic strategy and emphasised the need to build resilient foundations in industry, trade and investment to navigate global volatility.

During a seminar titled “A Call for Adaptation: The Sustainability in Trade and Industry at the Sustainability Expo 2025 (SX2025) at the Queen Sirikit National Convention Center, Mr Anutin delivered a keynote speech on the topic of “Elevating Industry, Trade and Investment Towards Sustainability”.

Mr Anutin, who is also the interior minister, said that the modern world is fraught with uncertainty, stemming from the threats of war, economic competition, trade barriers, and geopolitical pressures. Thailand can no longer afford to remain passive. Without urgently laying new foundations, the country risks falling behind on the global stage, he said.

“Sustainability is not a political fad, but the nation’s way forward,” he said.

He said that despite the government having only four months, it must still pursue “quick wins”. Simultaneously, it is necessary to establish long-term policies that will not be overturned with future administrations to ensure continuity and build investor confidence.

Mr Anutin said that Thailand’s approach to development has three dimensions: a stable economy, a sustainable environment and improved quality of life.

He said that Thailand is at a crossroads. The world is facing uncertainty caused by war, economic competition and climate change. “The question is. which direction will Thailand take?”

“We must pursue sustainable development,” he said, expressing a belief shared by many that “this is not a choice, but the only way forward”.

This means creating jobs and income, ensuring that Thai people enjoy a good quality of life, and preserving the world so that future generations can live in good health. However, the greatest challenge is that today’s world is far more complex than before, he said.

On the same platform, Mr Anutin also addressed trade and investment, saying that Thailand must become a strategic hub, both by land and sea.

“If Thailand remains merely a country through which investors move goods, we gain nothing. We must make them stop, utilise, invest, produce and create jobs in Thailand,” Mr Anutin said.

He also highlighted Thailand’s strengths in culture, religious diversity, and political stability as social capital not easily found elsewhere in the region.

He acknowledged that the public sector must support all levels of investors and entrepreneurs through investment promotion measures.

“We need a government strong enough to support capital but not so passive that capital dictates everything. If we allow full competition, Thailand will become the region’s most capable country,” Mr Anutin said.

Ratchaburi and BG Pathum United suffered their second successive defeats in the AFC Champions League Two on Thursday.

Ratchaburi went down 2-0 at home to Japan’s Gamba Osaka in Group F, while Pathum were defeated by Singapore’s Tampines Rovers 2-1 in Group H.

At Ratchaburi Stadium, a 64th-minute strike by Shuto Abe and a second by Ryotaro Meshino in stoppage time secured the victory for Gamba as the Japanese side joined Vietnam’s Nam Dinh FC on maximum six points.

The visitors broke the deadlock with their first shot on target in the 64th minute when Abe launched a 20-yard rocket past Ratchaburi keeper Kampon Phatomakkakul into the top right corner after a poor clearance by Scott Allardice.

Meshino squeezed his shot between two defenders and past Kampon in the fourth minute of stoppage time to ensure the visitors picked up three precious away points and hand the home side their second successive defeat in the group.

Pathum United also remain winless after two games in Group H with a 2-1 defeat to Tampines Rovers at Bishan Stadium.

Trent Buhagiar headed home in the 42nd minute, while Hide Higashikawa added a second in the 57th minute to consign the Rabbits, who scored a late consolation through captain Chanathip Songkrasin, to their second defeat.

Pathum coach Supachai Komsilp announced his resignation during the post-match press conference, saying he’s “taking responsibility for the team’s poor performance”. His assistant Vladimir Vujovic has been appointed as interim coach.

Port keen to recoil

Port will face promoted Kanchanaburi Power at their PAT Stadium in Thai League 1 today.

The home team will be looking to bounce back from a loss against BG Pathum United in the previous game, while Kanchanaburi beat Lamphun for their first win of the season last weekend.

Also today, Chonburi will visit Uthai Thani in a battle between two bottom clubs, while Chiang Rai will host Rayong and Ayutthaya will face Sukhothai.

Chainoi “Rockman” Worawut dropped a unanimous decision to Japan’s Yukinori Oguni in an eight-round super bantamweight contest on Wednesday at Korakuen Hall on the Treasure Boxing 10 card.

All three judges scored it 78-74 for the 37-year-old former IBF champion, who relied on composure and timing to pull away in the later rounds.

The fight delivered early drama when a fierce exchange in round two sent both men to the canvas in a rare double knockdown that stunned the Tokyo crowd.

Worawut, 28, began the fight on the front foot, pressing forward with heavy shots and making the early exchanges competitive. But as the rounds wore on, his pace slowed. Oguni, showing the ring craft that once carried him to a world title, found the cleaner punches and steadily banked the middle and late rounds.

The victory breathes new life into Oguni’s career and keeps alive the prospect of another world title challenge.

For Worawut, it wasn’t the result he wanted, but at 28 he still has time on his side. The next step may be to rebuild on home soil, pick up a regional belt and earn a second shot at the world stage. One tough night in Tokyo won’t define him, how he responds to it will.

At 11 years old, Warin* a 5th-grader from Bangkok, weighs 74kg and stands 153cm tall. Like many children struggling with obesity, her daily life is marked by fatigue, joint pain and the constant sense of being different from her peers.

“I don’t like being bigger than other kids,” Warin said. “Friends tease me often, saying I’m too big. It makes me feel uncomfortable. and I get tired easily when I have to run or play with them.”

Warin’s struggle with weight began early. By age six, she had developed a strong craving for snacks like chips and fried chicken, while rarely touching vegetables. At school, even though the cafeteria serves balanced lunches, she often feels hungry after and drifts towards shops selling sweets, pancakes, cakes and fried snacks.

“Every day, after lunch, I go and buy snacks. There are so many shops inside the school selling all kinds of food like pancakes, cakes, fried chicken, French fries and fish balls,” she said.

At home, the pattern continues. She eats dinner with her family, but snacks soon follow. Her mother described her as having a “screen-snacking habit”, often eating more than three packs of crisps while playing games for hours at night. Lately, the family has stopped buying crisps and stocked the fridge with fruit, hoping to help Warin break the habit.

“The hardest thing is the environment,” her mother said. “We can try to control what’s in the house but once she’s at school or outside, it’s impossible to watch her all the time. Asking a child to resist that temptation alone is very difficult.”

Her parents are concerned about her health. Warin snores at night, which can affect the flow of oxygen to her brain and she often tires easily. Last year, she attended a short camp for overweight children where she learned to read food labels and follow a 2:1:1 eating model of vegetables, rice and protein. Unfortunately, the lessons quickly faded after she returned home. The family has consulted a doctor about her weight and plans to follow up again.

Warin’s story is far from unique. Childhood obesity is one of the fastest-growing health crises in Thailand and around the world. According to Unicef’s new report Feeding Profit: How Environment Is Failing Children, there are now more obese children than underweight children worldwide for the first time. Some 188 million school-age children and adolescents can be classed as obese.

In Thailand, the number of overweight and obese children has doubled in the past 25 years, placing the country among the top four in Asean. According to the National Statistical Office in 2021, 43% of Thai adolescents consumed fast food at least four times a week. The World Obesity Federation warns that if this trend continues, more than 60% of Thai children could be obese by 2035.

The consequences can be devastating. Overweight children are more likely to develop diabetes, high blood pressure and heart disease. Many struggle with joint and bone problems, poor sleep and psychological challenges such as stress, bullying and low self-esteem. The economic impact is also alarming: obesity is estimated to cost Thailand around US$8 billion (259.4 billion baht) annually, a figure projected to rise to $21 billion by 2030.

Experts say the issue goes beyond individual choices. Over the past 15 years, convenience stores and hypermarkets have grown rapidly, processed food sales have risen 70% per person and online fast-food delivery has surged more than 650% since 2013. These shifts in the food environment make it increasingly difficult for children to make healthy choices.

“Children often don’t choose what they eat, food environments choose for them,” said Sirirath Chunnasart, Unicef Thailand’s Adolescent Development Specialist. “If we want healthier generations, we need to change the environment around them, not just tell them to eat better.”

Some schools, however, are taking the issue seriously. Bangkok Christian College, one of Thailand’s oldest private schools, has introduced a range of policies to promote healthier eating over the past several years. Sodas are banned and all beverages sold at the school must contain no more than 10% sugar. Sugar has also been removed from condiments in the cafeteria. Nutritionists help design balanced menus and parents are involved in the food selection process.

Colourful posters in the cafeteria remind students to “eat less sweet, oily and salty foods and add more fruits and vegetables”, while staircases are marked with calorie counts to encourage physical activity.

“What we have observed is that overweight children often struggle with concentration in class and experience physical fatigue,” said Waraporn Subsomboon, the school’s principal. “But after making changes, we’ve seen improvements. Students are more focused in their studies, their weight has gone down, they’ve learned to make healthier food choices and understand what is good for them and what they should avoid. Socially, they have also become more confident.”

The Ministry of Public Health recently recognised Bangkok Christian College as a Model School For Good Nutrition Practice 2025, highlighting its efforts to promote healthier eating habits among students and setting an example for other schools nationwide.

At the national level, Thailand has introduced a sugar tax on sweetened beverages, which has already reduced sugar levels in drinks by around 10%. The Ministry of Public Health is also advancing legislation to regulate the marketing of unhealthy foods and drinks to children, in line with the World Health Organization’s recommendations.

Currently, Unicef Thailand is supporting the Bureau of Nutrition and other stakeholders such as the NCD Alliance in advocating for the enactment of the Draft Act On The Marketing Of Food And Beverages Affecting Children’s Health, while also engaging young people and parents through the Kin Rai Dee (What’s Good To Eat) campaign. The campaign promotes simple daily habits like reading nutrition labels, choosing balanced meals and reducing junk food consumption, targeting Gen Z and parents of young children to make healthier food choices.

For Warin, she hopes to run alongside her friends without feeling out of breath and has recently shown an interest in boxing as a way to get active again. It may be a small step, but with the right support, it could be the start of a journey towards a healthier life.

“I want to learn boxing, give it a try, and see how it goes,” Warin added. “It feels like a good way to use my energy.”

To experts like Sirirath, childhood obesity is not just a health issue, it is about children’s right to grow, learn and thrive.

“The scale of the problem requires serious commitment and collaboration between government bodies, schools, businesses, families and children themselves. That’s the only way we will create healthier food environments and ensure that nutritious choices are affordable and accessible,” Sirirath said. “If the law passes, children like Warin will have a real chance to succeed, not only in managing their health, but in reaching their full potential.”

*not her real name.

The reopening of Samsen Road has been postponed indefinitely after authorities concluded that the police station next to the sinkhole that formed on Sept 24 must be demolished and rebuilt, Bangkok Governor Chadchart Sittipunt said on Saturday.

He made the comment following a meeting with a technical task force at the site to reassess the situation. Members included representatives from the police, Mass Rapid Transit Authority (MRTA), Department of Public Works and Town and Country Planning, Bangkok Metropolitan Administration (BMA) and the construction contractor.

Over the past week, about 3,000 cubic metres of sand have been poured, and additional foundation piles installed. However, more cracks and soil slippage were detected, particularly around the third structural pillar of the Samsen police station, which has sustained further damage, said Mr Chadchart.

Technical experts warned that failure to proceed with demolition could pose risks of collapse during restoration work.

The MRTA and the contractor will bear the full cost of the demolition, estimated at over 40 million baht, the governor said.

He outlined six immediate directives:

Remove about 30 vehicles from the station and begin dismantling the rear wall.

Start demolition with the most at-risk right wing to reduce structural load.

Reinforce the Samsen side adjacent to the Vajira intersection to prevent further soil slippage.

Strengthen the underground rail tunnel below the site.

Monitor the structural integrity of the nearby police flats.

Monitor the stability of Vajira Hospital’s buildings.

The governor said work could begin immediately. While no completion date has been set, authorities stressed that safety would remain the top priority.

The planned reopening of Samsen Road has been delayed indefinitely, though traffic impact is currently limited due to school closures. (Story continues below)

Further weakening

The decision to demolish came after subsidence from the initial sinkhole damaged the fifth foundation column of the police station – a key load-bearing support – with soil displacement further weakening the third column.

Attempts to reinforce the foundation failed, as piles could only be driven 7-8 metres instead of the planned 23 metres. The building continues to sink and tilt, with more cracks and soil slides appearing.

Officials stressed that the damage was not caused by machinery filling sand beneath the station but by ground instability.

The demolition will proceed in stages, with debris transported off-site. No materials will be stored on the premises to ensure safety.

Vajira Hospital has shown no movement since the incident took place. Nevertheless, the BMA said monitoring of adjacent structures and underground tunnels would continue.

Despite heavy rain, officials said the operation has not been hindered, as sufficient water pumps have been installed to handle flooding.

MRTA deputy governor Kittikon Tanpao said the exact cause of the subsidence has yet to be determined, as the focus has been on restoring road conditions and securing nearby buildings to prevent further damage.

PM visits site

Prime Minister Anutin Charnvirakul, who visited the site on Friday night, said the severe structural damage to the police station posed a safety risk.

‘The piles are broken. Just by looking at it, I saw that it’s dangerous. Samsen police will need a new workplace,’ he said on Saturday morning. ‘The structure has begun to detach from its core. We cannot allow anyone to continue working inside.’

National police chief Kittharath Punpetch said there is currently no indication that the police flats need to be torn down or rebuilt. ‘At this stage, the urgent priority is the Samsen police station building,’ he said.

The BMA had earlier set Oct 9 as the reopening date for Samsen Road but that plan has now been abandoned.

The sinkhole was 30 metres wide, 30 metres long and 20 metres deep when it formed suddenly on the morning of Sept 24. The MRTA initially blamed it on soil sliding into a tunnel and underground station of its Purple Line extension route.

The contractor for the section in question is the CKST joint venture, made up of SET-listed Ch. Karnchang Plc and Stecon Group Plc. The family of Prime Minister Anutin is the largest shareholder in the latter.

The industry minister has pledged to implement “quick-win” projects to support Thailand’s industrial sector and economy, prioritising industrial restructuring.

Many industries face declining productivity and shrinking market share, which indicates a potential loss of international competitiveness, said Industry Minister Thanakorn Wangboonkongchana.

“Thai industry is impacted by the trade war, which has altered the global trade landscape. Entrepreneurs in the supply chain must adapt or restructure industry models to align with the global changes,” he said.

Mr Thanakorn said the government will continue to promote industries such as electric vehicles, artificial intelligence, green energy and semiconductors, which are expected to contribute to the economy and attract investment.

“We will encourage industries and companies that have applied for investment promotion from the Board of Investment, but have not yet proceeded with their investments,” he said.

In addition, the ministry plans to implement more measures to combat the dumping of cheap imports and to safeguard Thai industrial products, along with strategies to mitigate the effects of US tariffs.

Mr Thanakorn said imports of cheaper Chinese products are expected to rise, affecting Thai businesses, particularly small and medium-sized enterprises (SMEs).

“The ministry has discussed with the Federation of Thai Industries about measures to help SMEs and protect Thai industries and manufacturers,” he said.

Moreover, the ministry expects to work on improving SMEs’ access to financial support, said Mr Thanakorn.

Regarding the continuation of the “Sudsoi” initiative established by former industry minister Akanat Promphan, Mr Thanakorn said it supports the industry in the long term and helps reduce illegal factories.

The ministry is committed to sustainable industrial development by promoting high-quality investments, upgrading the manufacturing base and enforcing stricter regulations to tackle environmental issues, he said.

Nattapol Rangsitpol, industry permanent secretary, said the industrial sector has slowed over the past decade, though the government has promoted new-generation sectors as part of its S-curve scheme.

“Civil servants are ready to collaborate with the minister,” he said.

Mr Nattapol said the major sectors driving the economy and industrial GDP comprise the automotive, electronics and electrical industries, as well as food and food processing, which combined account for roughly 50% of Thailand’s industrial output.

The government is moving ahead with its ‘Five Pillars of the Economy’ initiative, combining short-term economic stimulus with long-term structural reforms aimed at improving competitiveness, according to Finance Minister Ekniti Nitithanprapas.

The strategy focuses on empowering small and medium enterprises (SMEs), grassroots communities and the middle class, while laying the foundation for a transition to a green and digital economy, he said on Saturday at Sustainability Expo 2025 in Bangkok.

Speaking at the Thailand Supply Chain Network Business Partner Conference 2025, which focused on macroeconomic adaptation in a changing global context, Mr Ekniti stressed the importance of national adaptability.

‘The global landscape is undergoing significant transformation, particularly in trade and investment. Thailand’s economic growth has long relied on global supply chains,’ he said.

However, he noted that the global paradigm has shifted dramatically.

‘We are no longer in a purely globalised world, but in a fragmented one – one of ‘localisation’ and geopolitical bipolarity,’ he said.

‘The global free trade order has given way to one where nations are increasingly pressured to choose economic alliances. Those outside a given bloc may face trade restrictions or be excluded altogether.’

He went on to explain that low-cost goods are no longer guaranteed access to international markets due to rising protectionist measures, including tariffs and regulatory scrutiny.

‘The world used to champion tariff reductions to promote free trade, but now we’re seeing a resurgence of trade barriers. Certain goods are subject to stricter inspections,’ he said, adding that free trade is no longer as open or universal as before; the world has entered an era of economic bloc alignment.

He acknowledged that Thailand’s economy is facing a downturn, and immediate action is necessary to revive growth and ensure sustainability.

‘We need to grow the economy first, but sustainably. We must also tackle inequality. That’s why the economic team has adopted a unified framework for communication and policy.’

Mr Ekniti, also a deputy prime minister, elaborated on the ‘Five Pillars’ framework, highlighting how each pillar is designed to address immediate economic pressures while laying the foundation for long-term structural resilience.

As for economic stimulus, he said that with exports surging earlier this year in anticipation of tariff hikes under the Trump administration, the focus now shifts to domestic demand, particularly through government spending.

Low-income groups will benefit through state welfare cards, ensuring that support reaches the grassroots level and stimulates broad-based consumption.

For the middle class, the co-payment scheme (Khon La Khrueng) is being used to subsidise cost-of-living expenses, enhancing disposable income and supporting consumption.

The government also aims to revitalise tourism, with a strategic emphasis on second-tier cities. Tax incentives will be introduced to encourage tourism-related activity in these areas.

As for support for SMEs, this pillar focuses on improving liquidity for small businesses, which form the backbone of the Thai economy.

The government is developing supply chain financing schemes to inject working capital into SMEs via upstream corporate partners. A new tax break policy is under review, potentially offering 1.5- to 2-times tax deductions to large firms that assist smaller partners in the supply chain.

The last pillar involves future-oriented investment seeking to drive investment in strategic future sectors, particularly focusing on reskilling the workforce for modern industries, promoting the Bio-Circular-Green (BCG) economy model and supporting modern agriculture and removing regulatory barriers in the electricity sector to prioritise clean energy.

The North and Northeast of Thailand, currently affected by flooding, are expected to experience more rain brought by Storm Matmo as it intensifies into a typhoon and reaches Vietnam by Monday.

The Thai Meteorological Department (TMD) reported on Saturday morning that the typhoon is expected to move through China’s southernmost Hainan Island, then into the Gulf of Tonkin. It is forecasted to reach the upper Vietnam coast on Sunday and Monday.

The typhoon will gradually weaken as a cold wind from China covers the area, TMD director-general Sukanyanee Yawinchan said.

Although Matmo will not enter Thailand, it will strengthen the southwest monsoon affecting the country, the Andaman Sea and the Gulf of Thailand, causing heavy rain in the North and Northeast from Sunday to Tuesday.

Flash floods, forest runoff and overflowing riverbanks may occur in these regions, Ms Sukanyanee added.

According to a report from the Department of Disaster Prevention and Mitigation on Saturday morning, flooding caused by the recent tropical storm Bualoi remained in 17 provinces across the North, Central Plains, Northeast, East and South, affecting 100,235 households and 341,356 people, with 12 fatalities.

China to cancel some flights as Matmo nears Hainan

Meanwhile, Chinese authorities will cancel flights in Hainan on Saturday night before Typhoon Matmo hits the southern province, likely disrupting a peak holiday travel period for the resort island.

All flights to and from the provincial capital Haikou’s international airport are expected to be cancelled from 11pm (1500 GMT), the official Xinhua news agency reported, as Matmo could bring strong winds and heavy rain to southern China, including Guangdong and Yunnan provinces.

Matmo, which caused flooding in the Philippines this week, is expected to make landfall on Sunday.

Haikou plans to halt all schools, work and transport from Saturday afternoon to Sunday, Xinhua said.

During China’s eight-day National Day holiday, which began on Wednesday, people are expected to make some 2.36 billion passenger trips, with daily average trips forecast to be up 3.2% from the same period last year, Xinhua said on Wednesday.

Haikou had planned nearly 150 cultural events and more than 10 sports competitions during the holiday period, while the resort city Sanya had planned 170 art and tourism activities, according to Hainan’s official social media.

State media China Central Television (CCTV), citing meteorological experts, asked the public to stay vigilant as Matmo will have a serious impact on tourism and transportation, while the number of travellers is up significantly.

The Hong Kong Observatory said it would raise the tropical cyclone warning signal to Strong Wind Signal No. 3 at 12.20pm (0420 GMT) and assess the need for higher signals later on Saturday.

The financial hub has issued 12 tropical cyclone warning signals this year, the most since 1946, the observatory said on Friday.

The National Security Council (NSC) has appointed Gen Somsak Rungsita, a former NSC secretary-general, as the new head of Thailand’s Peace Dialogue Panel for the southern border provinces.

The announcement was made on Thursday by current NSC Secretary-General Chatchai Bangchuad, following the council’s latest meeting.

He said the members also approved a draft policy framework for the administration and the development of the southern border provinces for 2025-2027, in line with statutory requirements.

The new policy emphasises inclusive participation from all sectors in the region and integrates both security and development strategies.

To ensure transparency and international recognition, it will be translated into five languages and distributed globally.

Mr Chatchai stressed that this demonstrates Thailand’s commitment to addressing long-standing challenges in the South through dialogue and sustainable development.

On the issue of leadership change, Mr Chatchai, himself a former head of the Peace Dialogue Panel, highlighted Gen Somsak’s extensive background in security affairs.

In his new role, Gen Somsak will be tasked with forming a team and establishing mechanisms to advance peace negotiations, with the goal of fostering trust and long-term stability in the region.

Previously, Mr Chatchai was appointed to lead the Peace Dialogue Panel during the administration of former prime minister Srettha Thavisin. However, his tenure ended when the Constitutional Court ordered Mr Srettha’s resignation in August last year, resulting in the government’s dissolution.

During the subsequent administration led by Paetongtarn Shinawatra, which lasted for about one year, no successor was appointed to the post. This left the position vacant despite repeated calls from stakeholders and local communities for stronger engagement in resolving the ongoing southern border conflict.