Asia-Pacific economies stabilise despite uncertainties, says report #SootinClaimon.Com

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Asia-Pacific economies stabilise despite uncertainties, says report (nationthailand.com)

Asia-Pacific economies stabilise despite uncertainties, says report

EconNov 30. 2020

By The Nation

Gross domestic product (GDP) in theAsia-Pacific is expected to shrink about 2 per cent in 2020 and grow by 6.8 per cent in 2021, close to its previous forecasts at the end of the third quarter, according to S&P Global Ratings.

The report published on Monday by S&P Global Ratings titled “Asia-Pacific forecasts stabilise, risks now balanced”, said that uncertainty remains unusually high, but little in the past three months had led to large revisions to its views.

“In uncertain times, we need to pay much attention to the risks around forecasts,” said Asia-Pacific chief economist Shaun Roache. “Growth can be better or worse than we think and, for the first time in 2020, we see the probability of both as being roughly the same.

“Most important, the probability has risen of a safe and effective vaccine rolling out earlier than our baseline assumption of the second half of 2021. All the logistical challenges remain. Still, an early rollout would mean both a faster normalisation with less permanent damage to labour markets and balance sheets than we currently assume in our forecasts.”

There are other positive developments. Jobs have stabilised and some labour markets have shown unexpected vigour. A new US administration lowers the risk of an acute escalation in the economic conflict with China. The Regional Comprehensive Economic Partnership inks the first broad Asia-Pacific free-trade agreement in history.

“These developments either lower the probability of very bad outcomes or increase the probability of faster growth in the next 12 months and beyond. After a difficult year, this is new,” Roache said.

An early vaccine rollout would bring forward the recovery next year. Even if a recovery came one quarter earlier, it would have a large effect on growth for the full year. It would speed up domestic normalisation by reopening affected sectors and reducing voluntary social distancing, the report said.

“Tourism and travel would return faster, albeit with a lag. Still, trials data are preliminary and logistical challenges remain, so we maintain our assumption of wide distribution in the second half of 2021, for now,” the report said.

Fewer jobs were lost than expected, helped by timely policy interventions, including wage subsidies. Jobs are also rebounding faster than expected.

Several governments have announced budgets that provide support to the economy through much of 2021.

Trade should stay supportive over 2021. Exports may soften as demand in Europe and the US is hit by renewed infections but the prospects for export growth remain intact. The recovery in electronics and consumer goods will favour China, Singapore, and Taiwan, while capital goods, which may recover only later next year, benefit Japan and South Korea, the report said.

Stepping down before Dec 2 court verdict may be the most graceful exit for Prayut, reckons Pheu Thai #SootinClaimon.Com

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Stepping down before Dec 2 court verdict may be the most graceful exit for Prayut, reckons Pheu Thai (nationthailand.com)

Stepping down before Dec 2 court verdict may be the most graceful exit for Prayut, reckons Pheu Thai

PoliticsNov 30. 2020

By THE NATION

The opposition is calling on people to keep a close eye on the Constitutional Court’s verdict on Wednesday in relation to a case against Prime Minister Prayut Chan-o-cha, who was accused of breaking the law by continuing to live in Army quarters after retiring.

Earlier this year, former Army chief General Apirat Kongsompong had ordered retired military officers to move out of their state-provided quarters before the end of February.

However, he exempted Prayut and Deputy Prime Minister Prawit Wongsuwan, both retired Army generals, because of their “significant contributions to the country’s well-being”.

“This case is of utmost importance as the court is an independent organisation established under the 1997 Constitution to act as people’s representative in investigating any party impartially,” said Arunee Kasayanont, spokesperson for core opposition Pheu Thai Party’s leader. “The verdict will show just how independent and impartial the court actually is.

“However, if Prayut decides to step down before December 2 as demanded by pro-democracy protesters, then it would be the most graceful exit for him,” she said.

“Prayut is the source of all the country’s current problems. His failure in administration has led to economic recession, which has left millions of Thais unemployed and in poverty, while his government only seeks more loans and gives handouts to keep people barely alive.

“History tells us that the only thing Prayut is good at is using government officials such as soldiers, police and civil servants as a barrier to protect himself,” she added. “This has caused people to lose faith in justice and government systems, stemming from one person’s greed for power.”

Students from 23 schools will be ‘bad’ on Tuesday and dress casually, says ‘Bad Student’ group #SootinClaimon.Com

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Students from 23 schools will be ‘bad’ on Tuesday and dress casually, says ‘Bad Student’ group (nationthailand.com)

Students from 23 schools will be ‘bad’ on Tuesday and dress casually, says ‘Bad Student’ group

PoliticsNov 30. 2020

By THE NATION

The group that mockingly calls itself “Bad Student” announced on Sunday that students from 23 schools will attend classes in casual clothes on Tuesday in line with the call from KKC Pakee Students group in Khon Kaen.

KKC launched a clarion call last Thursday asking for students across the country to not be afraid of questioning the need to wear school uniforms and dress casually on Tuesday to signify their stance.

“We urge you all to wear casual clothes to school instead of uniforms to question its importance. Will students be allowed to attend class if they are not in uniform? Will casual clothes increase inequality in school? Why is focusing on uniforms so important in school?,” the KKC statement said.

The 23 schools whose students will shun uniforms on Tuesday are: Samsenwittayalai, Triam Udom Suksa, Kanlayanawat, Suranari Witthaya, Chonkanyanukoon, Sarawittaya, Horwang, Triam Udom Suksa Pattanakarn, Khon Kaen Wittayayon, Srinakharinwirot University: Demonstration School, Satriwithaya, Satriwithaya 2, Bodindecha (Sing Singhaseni), Siyanuson, Matthayom Taksin Rayong, Suankularb Wittayalai Rangsit, Benjamarachalai, Chonradsadornumrung, Kaennakhon Wittayalai, Demonstration School of Khon Kaen University, Rittiyawannalai, Udon Pittayanukoon and Satri Rachinuthit.

Most of these schools are in Bangkok.

‘Old car for new car’ project decision delayed to next week #SootinClaimon.Com

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‘Old car for new car’ project decision delayed to next week (nationthailand.com)

‘Old car for new car’ project decision delayed to next week

NationalNov 30. 2020

By The Nation

Details of the proposed “old car for new car” scheme are being finalised and will be revealed to the public next week, according to the Industry Ministry.

The Finance Ministry is currently studying the proposal, which would see car owners offered coupons worth Bt100,000 in tax relief on purchases of new cars.

The trade-in scheme was proposed earlier this month by the Industry Ministry as a way of boosting the auto sector during the economic crisis. However, automakers warned it could dampen sales and lead to stagnation of the industry as car owners would delay buying a new car until they hear what kinds of old car are covered by the scheme.

The National Economic and Social Development Council (NESDC) is expected to announce the full details of the scheme next week.

People warned against eating venomous blue-ring octopus #SootinClaimon.Com

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People warned against eating venomous blue-ring octopus (nationthailand.com)

People warned against eating venomous blue-ring octopus

NationalNov 30. 2020

By The Nation

The Department of Marine and Coastal Resources (DMCR) has warned people not to eat grilled blue-ring octopus as its venom is lethal

The octopus was sold at the market in Pathum Thani province.

The DMCR official Facebook page wrote that the Marine and Coastal Resources Research and Development Institute had received a report from Jantra Phumphuang who saw the poisonous octopus was sold at the market.

The page posted pictures of the grilled octopus to warn consumers to check the food whether it has a pattern of blue rings on its body before eating.

The blue ring octopus’s venom is very lethal and it can tolerate heat more than 200 Celsius degrees, so the cooking process would not get rid of the poison, the DMCR wrote.

Eight more Thais caught sneaking back from Myanmar #SootinClaimon.Com

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Eight more Thais caught sneaking back from Myanmar (nationthailand.com)

Eight more Thais caught sneaking back from Myanmar

NationalNov 30. 2020

By THE NATION

Eight other Thai nationals were arrested on Monday for crossing the border illegally from Myanmar’s Tachileik city to Chiang Rai district.

All women, the group had worked in Myanmar and decided to return to Thailand due to the Covid-19 situation. Each paid Bt6,500 to Myanmar traffickers so as to avoid border checks.

On the same day, Chiang Rai authorities revealed that two Thai women who returned from Tachileik earlier had tested positive for Covid-19.

More on Monday virus report: 21 returnees test positive for Covid-19, highest in recent months

They added that most Thais returning from Myanmar recently had crossed the border illegally to work in entertainment venues in the neighbouring country.

Four more people were arrested in Chiang Rai for sneaking over the border on Sunday, after one of the group announced their planned illegal crossing on Facebook last week. None were found to be suffering fever.

Twitter suspends pro-monarchy account #SootinClaimon.Com

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Twitter suspends pro-monarchy account (nationthailand.com)

Twitter suspends pro-monarchy account

NationalNov 30. 2020

By The Nation

A pro-monarchy @jitarsa_school Twitter account has been suspended for allegedly violating regulations and attempting to manipulate the system and flooding with spams, according to a Reuters report.

According to the report, the account was connected to thousands of other accounts created to spread messages in favour of the establishment and the monarch himself.

Reuters said it had also reviewed internal Army training documents that showed evidence of a coordinated information campaign designed to spread favourable information and discredit opponents.

A Twitter representative said on Sunday that the suspension was in line with the company’s policies and not a result of Reuters’ request for comment.

The Royal Volunteers School’s account was created in September and had more than 48,000 followers.

Online posts supporting the monarchy have shot up drastically after the intensity of anti-establishment protests increased.

Free train travel for fathers and their kids on Father’s Day #SootinClaimon.Com

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Free train travel for fathers and their kids on Father’s Day (nationthailand.com)

Free train travel for fathers and their kids on Father’s Day

NationalNov 30. 2020

By THE NATION

Fathers and their children will be allowed to use the BTS, BRT and Airport Rail Link services for free from 6am to midnight on Saturday to mark Father’s Day.

The birthday of beloved late monarch King Rama IX on December 5 is marked as national Father’s Day every year.

The free fares will cover all routes provided fathers and their children start and end the journey together. In addition, all children up to 90-centimetres tall will be allowed to travel for free.

Four provinces in South still flooded from unceasing heavy rain #SootinClaimon.Com

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Four provinces in South still flooded from unceasing heavy rain (nationthailand.com)

Four provinces in South still flooded from unceasing heavy rain

NationalNov 30. 2020FIle PhotoFIle Photo 

By The Nation

Four provinces in the South are still inundated, while officials are working to help victims and ease the crisis, the Department of Disaster Prevention and Mitigation said.

As of Monday, 30,272 households were found to have been affected by the flooding, but no casualties were reported. Though the situation has generally eased, the provinces of Nakhon Si Thammarat, Phattalung, Songkhla and Narathiwat remain flooded.

The department said it is collaborating with soldiers to help clear the water and evaluate the damage for a subsidy from the Finance Ministry.

The flooding was caused by heavy continuous rain brought to the region by the Northeast monsoon since last Wednesday.

Burmese arrested in Tak while trying to sneak into country #SootinClaimon.Com

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Burmese arrested in Tak while trying to sneak into country (nationthailand.com)

Burmese arrested in Tak while trying to sneak into country

NationalNov 30. 2020

By The Nation

Three Burmese were arrested in the Mae Sot district of Tak province early on Monday while attempting to sneak into Thailand by crossing the Moei River.

The patrolling unit arrested them near the bank of the river. They confessed that they were trying to find a job in Thailand as they suffered from unemployment in their home country.

A white pickup with a Bangkok licence plate was spotted around the scene and the driver ran away to Myanmar’s border after seeing police approaching.

There was no suspicious item found in the vehicle but police will further investigate whether it is linked to illegal immigrants.