Upper Thailand gets flash flood warning from June 19 to 21
The department forecast that from June 16-18, the southwest monsoon will weaken while the monsoon trough will shift across Myanmar and upper Laos. During the period, less rain with isolated thundershowers are likely mostly in western Thailand. However, from June 19 to 21, the southwest monsoon will strengthen and the monsoon trough will move down from across Myanmar and upper Laos. More rains are then likely in western Thailand along with isolated heavy showers in the North, the upper Northeast, the East and the South. During the period, people in upper Thailand should beware of severe conditions that may cause flash floods and overflows, the department said, adding that all transport should proceed with extra caution.
Source:The Nation Bangkok
June 16, 2022 02:40 UTC
Govt at odds with Bank of Thailand over raising rates
Govt at odds with Bank of Thailand over raising ratesDeputy Prime Minister and Energy Minister Supattanapong Punmeechaow, centre, discusses soaring energy prices at the Ministry of Energy on March 11, 2022. Energy Minister Supattanapong Punmeechaow on Tuesday warned about risks to economic growth from higher rates. The government can ease the pressure on the central bank to raise rates by additional fiscal measures to cool inflation. The public calls for low rates by ministers also raise questions about central bank independence, according to Toru Nishihama, an economist at Dai-ichi Life Research Institute in Tokyo. “Striking a balance between the impact of higher rates and the risk of falling behind the curve is the central bank art,” Kiatnakin’s Pipat said.
Source:Bangkok Post
June 16, 2022 02:09 UTC
Bitkub Chain, Yes Token and Buzzebees announce “Redeem Points Campaign” in cryptocurrency market via Bitkub NEXT digital wallet
“YES Token is the first Fintech application on Bitkub Chain in which the token’s holders can lend the digital asset or redeem to the special store. Thus, this can increase the value and the real use case of YES Token. In addition, under this cooperation, this is the new beginning of the state-of-art technology for the loyalty point market. This will enhance the value and real use case for digital token as a point claiming reward,” said Nattida Sanguansin, Managing Director of Buzzebees Co., Ltd.“Under this cooperation, we spot several good opportunities for Bitkub Chain ecosystem. I believe that all partners from this cooperation will thrive together as an importance strategic partnership on Bitkub Chain,” said Passakorn Pannok, CEO of Bitkub Blockchain Technology Co., Ltd.
Source:The Nation Bangkok
June 16, 2022 01:40 UTC
France claims capture of senior IS figure in Mali
France claims capture of senior IS figure in MaliFrance is leaving Mali, but not the Sahel regionPARIS - French troops in Mali have captured a senior member of the Sahel affiliate of the Islamic State group, the French military said Wednesday. Albakaye will be held by French forces for questioning for several days and then handed to the Malian authorities, the military added. France is to complete its withdrawal from Mali within the next few months when its main military base at Gao will be returned to Malian forces. Relations between Mali and France plummeted after the military seized power in Bamako in August 2020. France began its anti-jihadist operations in the Sahel in 2013, helping Mali, its former colony, to snuff out a revolt in the north.
Source:Bangkok Post
June 15, 2022 21:26 UTC
Anutin himself will clarify cannabis legalisation: PM
Concern over the bill brewed after four consumers were admitted to Bangkok Metropolitan Administration-run hospitals with suspected overdose. Bangkok Governor Chadchart Sittipunt explained on Tuesday that the first case was a 51-year-old man, who was rushed to Charoen Krung Pracharak Hospital after he suffered chest pain while smoking marijuana. He died later from what doctors diagnosed as cardiac arrest and heart failure. In the second case, a boy aged 16 and a half was diagnosed with ganja overdose and placed on a ventilator in the intensive care unit of Luangpor Thaweesak Chutintharo Uthit Hospital, he said. Chadchart said the other two persons, aged 17 and 25, were admitted to Taksin Hospital after suffering rapid heartbeat and palpitations following a cannabis smoking session.
Source:The Nation Bangkok
June 15, 2022 10:24 UTC
DITP debunks rumour Walmart banning Thai coconut due to monkey labour
“I have asked the commerce office in the US and was informed that the rumour is just not true,” DITP director-general Phusit Rattanakul Sereeruengsit said on Wednesday. “Walmart is still importing products from Thailand and the trade relationship between Thailand and the US is still strong,” he insisted. Phusit said the department has been communicating with its trade partners after news that the United Kingdom banned monkey-picked coconut products from Thailand in mid-2020. “We explained that only few communities are using monkeys to pick coconuts as a traditional way of life. The United States market is responsible for about one fourth of total coconut milk exports.
Source:The Nation Bangkok
June 15, 2022 08:29 UTC
Study: Thailand a global leader in real-time payments
Study: Thailand a global leader in real-time paymentsThailand was No.3 globally for real-time payment transactions last year, behind only India and China, driven by the government's support for modern infrastructure, says ACI Worldwide, a real-time payments software provider. Thailand registered 9.7 billion real-time transactions in 2021, trailing India with 48.5 billion and China with 18.5 billion. He said Thailand's real-time payments implementation strategy has delivered the fastest expansion of low-value payment capabilities in Asean, facilitated by a mobile-friendly population and support from the government, such as using real-time payments to disburse government subsidies and funding to farmers. ITMX, the national real-time payments switching system, co-owned by the largest banks and governed by the Bank of Thailand, has helped modernise parts of the legacy payments infrastructure. According to the report, global real-time transactions reached 118 billion in 2021, up 64.5% year-on-year.
Source:Bangkok Post
June 15, 2022 06:43 UTC
Order declaring cannabis smoke a public nuisance takes effect
The Public Health Ministry had earlier explained that the announcement was aimed at allowing the authorities to order people to stop smoking cannabis and/or hemp as their smoke and odour could affect public health. Public Health Ministry deputy permanent secretary Dr Thongchai Keeratihattayakorn said officials could take action on their own without waiting for complaints. The announcement defines cannabis and hemp and it was signed by Deputy Public Health Minister Satit Pitutecha.
Source:The Nation Bangkok
June 15, 2022 06:20 UTC
Cryptocurrency slump persists
Cryptocurrency slump persistsRepresentations of virtual cryptocurrencies are placed on US Dollar banknotes in an illustration taken on Nov 28, 2021. Cryptocurrencies, with the exception of Bitcoin, continue to plunge as the value of the global cryptocurrency market yesterday fell below US$1 trillion for the first time since January 2021. As of 4.52pm, the market value of cryptocurrency stood at around $989 billion, down 3.8% from the previous day. The value of the cryptocurrency market peaked at $2.9 trillion in November 2021. The S&P500 Index closed at 3,749.63 points, down 151.23 points (-3.88%) while the Nasdaq closed at 10,809.23, down 530.80 (-4.68%).
Source:Bangkok Post
June 15, 2022 02:37 UTC
Thais prove too strong for Canada
Thais prove too strong for CanadaThailand players and staff celebrate their win against Canada in the Nations League in Quezon City on Tuesday. The Thai women defeated Canada 25-19, 25-22, 26-24 in Quezon City, the Philippines. Thais are without Thatdao Nuekjang for the rest of the 2022 VNL due to injury she sustained during the first week. The Thais made headlines in the first week with victories over Bulgaria, Serbia and China in Ankara, Turkey. Meanwhile, the Quezon City tournament features some interesting matches including the USA v China on Saturday and Japan v China on Sunday.
Source:Bangkok Post
June 15, 2022 02:05 UTC
Cannabis pop-up truck proves popular with tourists
Tourists queue up to buy cannabis, after it was removed from the narcotics list under Thai law, at the Happy Bud, a cannabis truck at Khaosan Road, one of the favourite tourist spots in Bangkok, Thailand, on Monday. (Photos: Varuth Hirunyatheb)"Amnesia", "Jack Haze", and "Night Nurse" are among marijuana strains on sale at a pop-up truck in Bangkok, as retailers cash in on demand for the newly decriminalised substance from foreigners and locals alike. Keira Gruttner, a 32-year-old customer from Canada, was among tourists who queued at a green pop-up truck in tourist haven Khaosan Road, where staff weighed and packaged buds and crushed leaves. Another foreign customer, Kentaro Kajima, described his purchase as a "dream come true" while dancing with a friend in front of the truck. Thailand, which has traditionally used cannabis to relieve pain and fatigue, legalised medicinal marijuana in 2018.
Source:Bangkok Post
June 14, 2022 22:34 UTC
Finance Ministry promises share sales tax soon
The financial transaction tax for share sales by individual investors trading on the SET has been on the books for around 30 years. (Photo: Pornprom Satrabhaya)The Finance Ministry plans to propose to the cabinet the implementation of a financial transaction tax on individual stock investors soon, says Finance Minister Arkhom Termpittayapaisith. The financial transaction tax applicable for share sales by individual investors trading on the Stock Exchange of Thailand has actually been on the books for around 30 years but has always been waived to support market development. The financial transaction tax is 0.1%. In addition to the transaction tax, investors are subject to a related local tax, which would bring the total tax to 0.11% per share sold.
Source:Bangkok Post
June 14, 2022 11:10 UTC
Business messaging emerging as key tool to connect with customers
With one billion people worldwide – and 78 per cent of Thais – connecting with a business account across Meta’s messaging services every week, it said the volume of daily conversations between people and businesses grew 50 per cent year on year. “Even before the beginning of the pandemic, we have seen businesses in Thailand and the region leading the way when it comes to business messaging," said Ankur Prasad, director of business messaging for Facebook and Instagram, Meta. "In fact, a lot of the features we have built are inspired by how businesses in Asia Pacific are using our platforms to find and connect with customers in a personal, timely, and relevant way." He added that the company will continue to invest in features that create seamless discovery and messaging experiences for Thai business and consumers to meaningfully connect.
Source:The Nation Bangkok
June 14, 2022 09:56 UTC
Cobra Gold military drills back to full scale next year
Cobra Gold military drills back to full scale next yearUnited States Secretary of Defence Lloyd Austin and Prime Minister and Defence Minister Prayut Chan-o-cha walk past an honour guard before their meeting at the Defence Ministry on Monday. (Photo: Apichart Jinakul)The US-Thai Cobra Gold military exercise will be held as a full-scale drill next year after it was scaled back due to the pandemic, said Defence Ministry spokesman Gen Kongcheep Tantravanich on Monday. Gen Kongcheep also disclosed the outcome of the talks between US Defence Secretary Lloyd Austin and Prime Minister and Defence Minister Prayut Chan-o-cha on Monday. The prime minister also met Gen Austin in Washington, DC last month. Meanwhile, Gen Austin affirmed the US will constantly strengthen Thailand's military with technology, training, weapons and defence industry development, Gen Kongcheep said.
Source:Bangkok Post
June 14, 2022 04:25 UTC
Thailand records 1,833 Covid-19 cases and 19 deaths on Tuesday
The country’s total caseload from Covid-19 stands at 4,488,497 – 4,436,684 of whom have recovered, 21,445 are still in hospitals and 30,368 have died. Separately, another 1,759 people were given their first Covid-19 shot in the last 24 hours, 2,742 their second shot and 10,849 a booster, bringing the total number of Covid-19 vaccine doses administered nationwide to 138,697,935.
Source:The Nation Bangkok
June 14, 2022 02:55 UTC