UK finance minister Kwarteng not to step down: Treasury source
According to Reuters, Kwarteng’s tax-cut plans, on top of an energy bill bailout – all funded by a huge increase in government borrowing – have triggered financial market chaos. One source at the meeting said Kwarteng had asked the assembled finance bosses what they could do to calm markets. Meanwhile, the BoE on Wednesday sought to quell the firestorm in Britain’s bond markets, saying it would buy as much government debt as needed to restore order after new Prime Minister Liz Truss’s tax cutting plans triggered financial chaos. Its announcement, which represented a sudden reversal of plans to sell bonds it had amassed since the global financial crisis of 2008-2009, immediately pushed down borrowing costs. The BoE said it would return to its plan to sell bonds at the end of October.
Source:The Nation Bangkok
September 29, 2022 03:10 UTC
Thai Airways offering special air prices
Published byThe Bangkok Postpublished : 29 Sep 2022 at 04:00 newspaper section: [Life](http://search.bangkokpost.com/search/result_advanced?category=news&xNewsSection=Life) Thai Airways is offering promotional airfare following the resumption of Bangkok-Fukuoka return flights in its winter 2022/23 schedule starting Oct 30. Flight TG648 departs from Bangkok at 1am and arrives in Fukuoka at 8.10am (local time) and TG649 departs Fukuoka at 11.40am (local time) and arrives in Bangkok at 3.40pm. A roundtrip economy ticket price starts at 15,385 baht per person and a roundtrip business ticket starts at 59,920 baht per person. …Read More
Source:Bangkok Post
September 29, 2022 02:18 UTC
Ngern Tid Lor welcomes management team from TMBThanachart
Ngern Tid Lor Public Company Limited, or TIDLOR, led by Piyasak Ukritnukun, Managing Director, along with staff, presided over the open house session and welcomed over 30 TMBThanachart (ttb) management to participate in TIDLOR Culture WOW. The event shared Ngern Tid Lor values and organisational culture building framework for driving business forward with sustainability. The session focused on the core strategy for Ngern Tid Lor to build strength and create differentiation to handle conduct in the current business climate. The forum also offered guidelines for business to cultivate Data Analytics to enable Digital Transformation, as successfully undertaken by Ngern Tid Lor. Hosted at Aree Hill Building, Ngern Tid Lor Headquarters, the objective was to share knowledge and experience in organisational culture building with interested organisations.
Source:Bangkok Post
September 28, 2022 06:40 UTC
ADB plans $14-billion assistance until 2025 to tackle aggravating food crisis in Asia Pacific
ADB president Masatsugu Asakawa stated during an online press conference on Tuesday that the Asia-Pacific region is now facing numerous challenges, such as monetary tightening, currency depreciation and severe food insecurity. Food insecurity, according to Asakawa, is the most worrying of these challenges because it affects all countries, rich and poor. Therefore, the ADB has decided to increase its assistance funding for food security in the region, where nearly 1.1 billion people lack healthy diets due to poverty and rising food prices this year. Existing and new projects in farm inputs, food production and distribution, social protection, irrigation, and water resource management, as well as projects leveraging nature-based solutions, will receive funding, the ADB president said. Meanwhile, the ADB will continue to invest in other food security-related activities such as energy transition, transportation, access to rural finance, environmental management, health and education.
Source:The Nation Bangkok
September 28, 2022 02:05 UTC
Five Apec members confirm their attendance at summit in Bangkok in November
“We don’t want to give details of the names of these members yet due to security reasons,” Tanee said. On Monday, acting government spokesman Anucha Burapachaisir said Thailand was now ready to host the annual Apec Summit and other meetings. The meeting will be held at the Queen Sirikit National Convention Centre while the gala dinner in honour of the Apec economic leaders and their spouses will be held at the Royal Thai Navy Convention Hall.
Source:The Nation Bangkok
September 27, 2022 23:41 UTC
Thais generally against regulated use of marijuana, poll finds
The draft, labelled simply “marijuana and hemp” bill, was proposed by the Public Health Ministry which is under the Bhumjaithai Party. The bill was sent back to an ad hoc House panel for review after Democrat Party joined the opposition in voting against it. Democrat MPs voiced concerns that the bill would promote the recreational use of marijuana. It is not clear if those who said “no” to “do you agree with the free ganja bill or not?” actually disagree with the bill or recreational use of marijuana. Meanwhile, 10.92 per cent chose “yes”, while 1.81 per cent chose “no comment”.
Source:The Nation Bangkok
September 27, 2022 04:01 UTC
Central opens membership store of ‘affordable premium imports’ to beat price crisis
Stephane Coum, Central Retail Food Group CEO, said Tops Club will be the first store of its kind in Southeast Asia when it opens on Wednesday (September 28). Tops CLUB will be an exclusive source of premier brands from all over the world, with new additions weekly, he said. The stores will sell five categories of products: dried groceries and beverages, fresh food and ingredients, alcohol, general goods including sports equipment and pet products, and household goods. Of the 3,500-plus items on shelves, 75 per cent will be imported while the remainder – including chicken, eggs, and some local fruit – will be sourced from domestic producers.
Source:The Nation Bangkok
September 27, 2022 03:59 UTC
Thai anti-Covid nasal spray ready for commercial sale
Thai anti-Covid nasal spray ready for commercial saleThe press conference at Samyan Mitrtown Hall where a team of doctors and researchers introduced an anti-Covid nasal spray produced for commercial sale. (Photo: Apichart Jinakul)A nasal spray to prevent Covid-19 infection developed by Thai medical researchers will be available for commercial sale from Oct 1, Worawan Chaikamnerd, chief executive officer of Hibiocy Co and Rojukiss International Public Company Ltd announced on Monday. Ms Worawan said it would be sold under the brandname "VAILL COVITRAP Anti-Cov Nasal Spray" and was produced by Hibiocy Co, a subsidiary of Rojukiss International. Developed by a team of doctors and researchers from the faculty of medicine, Chulalongkorn University, the spray is truly a Thai innovation for Thai people, she said. VAILL COVITRAP Anti-Cov Nasal Spray will be available for commercial sale from Oct 1.
Source:Bangkok Post
September 26, 2022 13:03 UTC
Mink picks up world mixed doubles snooker title with Aussie Robertson
It was sweet revenge for the Thai-Aussie duo who had lost to Selby and Kenna in the round-robin stage before suffering another loss — 3-1 to England’s Ronnie O'Sullivan and Reanne Evans. However, Nutcharut and Robertson beat England's Judd Trump and Hong Kong's Ng On Yee 4-0 to make the final. Nutcharut and Robertson earned 60,000 pounds (about 2.4 million baht) prize money. This is Nutcharut's second world title, having earlier won the World Women's Snooker Championship.
Source:The Nation Bangkok
September 26, 2022 08:08 UTC
Super typhoon Noru brings strong wind and heavy rain to the Philippines
Typhoon Noru became a super typhoon "after a period of explosive intensification," with sustained winds increasing to 185 km (115 miles) per hour from 120 kph on Saturday evening, the disaster agency said in an advisory. It will continue intensifying and may make landfall on Sunday evening with 195kph winds and gusts to up to 240 kph (121 to 150 mph), it said.
Source:The Nation Bangkok
September 26, 2022 05:58 UTC
Keeping the scammers at bay
The central bank is working to keep the public alert on forex trading scams to prevent them from falling victim, she said. According to the central bank, youth can open bank accounts if they meet the banks' age criteria. The regulator has asked all banks to closely monitor the financial transactions of youth customers because they are viewed as a group susceptible to scammers. If banks find any suspicious transactions in the accounts, they are requested to take swift action, said the central bank. He said the ministry will forward this list to the central bank and SEC to check if they are licensed operators.
Source:Bangkok Post
September 26, 2022 00:24 UTC
Image released showing Queen resting place in Windsor
The stone, made of black Belgian marble, sits in the King George VI Memorial Chapel which Queen Elizabeth commissioned in 1962 as a burial place for George VI, her father. The queen was interred there on Monday after a state funeral in Westminister Abbey. The brass lettering on the stone reads "George VI 1895-1952 / Elizabeth 1900-2002" on the top two lines, followed by a garter star and then "Elizabeth II 1926-2022 / Philip 1921-2021" on the bottom two lines. Queen Elizabeth's sister, Princess Margaret, is also interred at the chapel, at Windsor Castle west of London.
Source:The Nation Bangkok
September 25, 2022 06:02 UTC
Betong's tourist prospects are now looking up
Betong's tourist prospects are now looking upTourists take photos in downtown Betong, Yala, on March 18, 20222. (Bangkok Post photo)Businesses in the tourism sector of Betong district in Yala have made more than 200 million baht in revenue since the country re-opened in May. Betong district chief Ake Yang-apai Na Songkhla said tourists had increased over the past months. The low-cost carrier flies three time a week on Tuesdays, Fridays and Sundays from Don Mueang airport to Betong. The Don Mueang-Betong flight was costly to operate with the route twice as long as the Bangkok-Chiang Mai flight, he said.
Source:Bangkok Post
September 25, 2022 01:42 UTC
Industry chiefs applaud staged return to business as usual
Industry chiefs applaud staged return to business as usualSanan: 'Weak baht also a factor'Business operators have welcomed the government's further relaxation of Covid-19 restrictions, particularly the downgrading of the virus' status, saying they will attract more tourists and help boost the economy. It was announced in the Royal Gazette last Tuesday that the government will further downgrade Covid-19 from a dangerous communicable disease to a communicable disease under surveillance starting from Oct 1. In lieu of the CCSA chaired by the prime minister, the Public Health Minister will oversee disease control efforts under the Communicable Disease Act, with an action plan designed to respond to the varying degrees of severity of Covid-19. Businesses on Khao San Road are surging back to life as more foreign and Thai visitors are returning, following the relaxations of restrictions, he said. He said Bangkok is now ready to fully reopen to foreign visitors.
Source:Bangkok Post
September 25, 2022 00:44 UTC
Honda's Marquez takes first pole in three years at Japanese GP
The Spaniard has had persistent problems since he broke his arm at the 2020 Spanish Grand Prix and has had multiple operations since then. He missed six rounds of the championship following the Italian Grand Prix at Mugello in May, but made his return at last week's Aragon Grand Prix after recovering from surgery on his right arm. It's true that it's a pole position, it's only a pole position, it's in wet conditions but at the moment when we come, we are coming from a difficult moment. At the moment we have now with the bike with all the team, with me, it's really important to have these small motivations, small achievement." Said MARC MARQUEZ
Source:The Nation Bangkok
September 24, 2022 19:00 UTC