Government stimulus packages have facilitated recovery of SMEs #SootinClaimon.Com

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Government stimulus packages have facilitated recovery of SMEs (nationthailand.com)

Government stimulus packages have facilitated recovery of SMEs

NationalDec 12. 2020

By THE NATION

Small and medium-sized enterprises (SMEs) in Thailand are on the path to recovery due to the stimulus packages launched by the government, according to the Federation of Thai SME.The federation president, Chonrungsee Chalermchaikit, said that some SMEs had already recovered from the Covid-19 crisis. She added that the stimulus package “Khon La Khrueng” (Let’s Go Halves) had helped in the recovery of grass-roots businesses, increasing the sales of SME products.However, she said that sales had not returned to their normal level. At the moment, sales were lower than the pre-pandemic levels by around 30 per cent.She added that sales of SMEs would gradually recover if the second wave of Covid-19 does not occur in Thailand.Chonrungsee said that SMEs in the tourism sector have still not recovered, especially the small ones. She explained that domestic tourists could not make up for the absence of foreigners, and the government should improve its tourism stimulus package for small entrepreneurs.As for the Covid-19 situation in the northern provinces of the country, Chonrungsee described it as an aggravation for tourism in the region, if the government is unable to control it.Next year, the president predicted that SME entrepreneurs would improve or adapt themselves in line with the post-coronavirus market situation. She predicted that entrepreneurs would adopt technologies for various parts of their businesses, whether production, management, marketing or even service. And tech startups would increase to tackle the technological need of businesses in the future.Chonrungsee said that a weak point of small companies was that the owners did everything by themselves, so there was not enough time for them to focus on digital improvement of their businesses.

THAI resumes Bangkok flights to Chiang Mai, Phuket on Jan 1 #SootinClaimon.Com

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THAI resumes Bangkok flights to Chiang Mai, Phuket on Jan 1 (nationthailand.com)

THAI resumes Bangkok flights to Chiang Mai, Phuket on Jan 1

CorporateDec 11. 2020

By The Nation

Thai Airways International said it will resume flights from Bangkok’s Suvarnabhumi Airport to Chiang Mai and Phuket from January 1-February 28.

The airline said the move is aimed to promote domestic tourism and boost revenue in the regions. The services will be operated with Boeing 777-200ER aircraft.

The roundtrip Bangkok-Chiang Mai service features three flights per week on Friday, Saturday and Sunday.

Flight TG108 will depart Suvarnabhumi Airport at 12.10pm and arrive in Chiang Mai at 1.30pm, while TG109 will depart Chiang Mai at 2.30pm and arrive at Suvarnabhumi at 3.55pm.

The roundtrip Bangkok-Phuket service features three flights per week on Friday, Saturday and Sunday.

The TG205 flight will depart Suvarnabhumi at 12.05pm and arrive in Phuket at 1.30pm, while TG206 will depart Phuket at 2.20pm and arrive at Suvarnabhumi at 3.45pm.

Kasikornbank reports big jump in land loans for investment #SootinClaimon.Com

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Kasikornbank reports big jump in land loans for investment (nationthailand.com)

Kasikornbank reports big jump in land loans for investment

CorporateDec 11. 2020

By The Nation

Kasikornbank has seen a sharp spike in land loans for investment in the previous two months to Bt15 billion from rising demand for investment.

The land loan for investment enables rich clients with assets worth over Bt50 million to request loans for investment in the bank’s private banking by using land as collateral asset.

The bank’s Private Banking Business Group Head Jirawat Supornpaibul said most of the bank customers are businessmen or large families who have lands located in cities.

He added that returns from investing in the bank’s private banking is currently at 6-7 per cent campared to the land loan rate of 2-2.5 per cent.

“As the amount of land loan for investment had hit the bank’s target, the bank has requested the Bank of Thailand to expand the loan’s credit limit to Bt30 billion in the next two years,” he said.

“There are lands worth up to Bt5 billion that are currently under consideration, while we expect to grant more loans to customers next year.”

He believes that risks from requesting land loans is low because the bank can tolerate risks from granting loans and customers’ investment.

Also, he said the bank grants loans up to only 70-80 per cent of collateral asset value, while rich customers would not allow the bank to seize their assets easily.

“Customers who requested for land loans foresaw opportunities to generate returns, so we expect to get more customers in the future,” he said.

Excise Dept eyes benefits to promote use of electric vehicles #SootinClaimon.Com

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Excise Dept eyes benefits to promote use of electric vehicles (nationthailand.com)

Excise Dept eyes benefits to promote use of electric vehicles

EconDec 11. 2020Director-general Lavaron SangsnitDirector-general Lavaron Sangsnit 

By The Nation

The Excise Department is looking for ways to overhaul the entire vehicle excise system with the aim of using tax incentives to promote the wider use of electric vehicles (EVs), director-general Lavaron Sangsnit said.

The levy on EVs is 8 per cent, while that on EVs produced under the Board of Investment’s tax support was cut to 0 per cent from 2 per cent as of January 2020 to December 31, 2022.

Krisda Utamote, president of the Electrical Vehicle Association of Thailand, said that apart from supporting EV makers, the government should offer benefits to users, such as offering free charging and promoting large-scale chargers.

Disability rights activists join protests against govt #SootinClaimon.Com

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Disability rights activists join protests against govt (nationthailand.com)

Disability rights activists join protests against govt

PoliticsDec 11. 2020Photos by Wanchai KraisornkhajitPhotos by Wanchai Kraisornkhajit 

By The Nation

Pro-democracy disability rights activists gathered outside the Social Development and Human Security Ministry in Bangkok on Thursday to protest the government’s welfare measures for the disabled.

Democracy activist Jatupat “Pai Dao Din” Boonpatararaksa joined the demonstration, which started at 6pm.

On stage, protesters took turns to discuss rights and liberty, state welfare, and public facilities that fail to meet the needs of disabled people.

The demonstration was called off at 8.30pm.

People delighted by extension of ‘Let’s Go Halves’ scheme, insists minister #SootinClaimon.Com

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People delighted by extension of ‘Let’s Go Halves’ scheme, insists minister (nationthailand.com)

People delighted by extension of ‘Let’s Go Halves’ scheme, insists minister

PoliticsDec 11. 2020Thanakorn WangboonkongchanaThanakorn Wangboonkongchana 

By The Nation

People are very grateful to the government for approving a second phase of the “Khon La Khrueng” (Let’s Go Halves) subsidised-shopping scheme on Tuesday, PM’s Office Minister Thanakorn Wangboonkongchana said on Friday.

He added that many people had benefited from this scheme, which was introduced to boost spending.

The scheme will be expanded to cover 15 million Thais from the original 10 million.

Until March 31, the government will pay 50 per cent of a participant’s bill for food, drink and general goods up to Bt150 per day. The cap on the total subsidy per person over the whole period has been raised from Bt,3000 to Bt3,500.

The total budget for both phases of the scheme is Bt22.5 billion, aiming to generate spending of Bt45 billion.

Each phase is designed to boost GDP by 0.32 per cent by injecting up to Bt105 billion into the economy.

In response to Pheu Thai MP Karoon Hosakul’s criticism that the scheme is allowing vendors to take advantage of consumers, Thanakorn said the Finance Ministry is keeping a close eye on retailers and will take legal action against those caught taking advantage.

“PM’s Office Minister Anucha Nakasai has instructed the Consumer Protection Board to act on people’s complaints as soon as possible,” he said.

Royalist actress comes under fire over remarks about US senator #SootinClaimon.Com

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Royalist actress comes under fire over remarks about US senator (nationthailand.com)

Royalist actress comes under fire over remarks about US senator

PoliticsDec 11. 2020

By THE NATION

Pro-democracy activist Sombat Boonngamanong has vowed to troll actress Janjira Joojang over her remarks — widely slammed as mean — against Thai-American senator Tammy Duckworth, until she apologises.

Sombat said on Friday that he would talk about the actress every day, as she has not apologised for her inconsiderate remarks.

The United States Senate, on December 3, had passed a resolution in support of Thailand’s pro-democracy movement. The resolution “underscore[s] the United States’ commitment to human rights, democracy and the rule of law in Thailand”, the resolution said, according to the Senate press release.

“The senators’ resolution follows recent demonstrations by Thailand’s pro-democracy movement, which have been met with violence and repression by the country’s monarchy and government,” it continues.

Among the nine members of Congress who introduced the resolution was Duckworth.

On Saturday, the  resolution was mentioned in a royalist group on Facebook. Under the post, Janjira reportedly commented  “redundant disability”, in what was considered a veiled reference to senator Duckworth who lost her legs during the Iraq war.

The actress’ comment drew scorn from pro-democracy supporters. Sombat said via his Twitter account: “I will talk about Janjira every day, since she has not said sorry to senator Tammy Duckworth. By the way, I am curious about the present work of Janjira. I have not seen her performance for a long time.”

Politician Chuwit Kamolvisit also praised the Thai-American senator on his Facebook, with a photo of him with her. Chuwit attacked those who discredited the senator as well as those who criticised the resolution of the senators.

Protesters vow to change gear next year, as they ring down the curtain on 2020 #SootinClaimon.Com

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Protesters vow to change gear next year, as they ring down the curtain on 2020 (nationthailand.com)

Protesters vow to change gear next year, as they ring down the curtain on 2020

PoliticsDec 11. 2020

By The Nation

Pro-democracy protesters plan to raise the level of demonstrations next year, protest leader Panusaya “Rung” Sithijirawattanakul said before ending the “Abolish 112 and We Will Tell You” event at the October 14 Memorial in Bangkok’s Rajdamnoen Road on Thursday.

The event started at 10am and featured academic speeches and exhibitions related to the lese majeste law. The event included musical performances.

In the evening, police officers led by Pol Colonel Attawit Saisueb, deputy chief of Metropolitan Police Division 1, entered the protest site to negotiate with another protest leader, Parit “Penguin” Chiwarak, on opening the way and the scheduled closing time, as the protest site extended from Democracy Monument to the Khok Wua intersection. However, the police had to retreat as the supporters starting shouting.

Parit “Penguin” Chiwarak (Centre)

Parit “Penguin” Chiwarak (Centre)

Meanwhile, Panusaya said on the stage that Thursday’s was the last demonstration of this year.

“We will raise the level of demonstration next year,” she vowed before ending the rally at 6.47pm.

At 8pm, police officers reopened the traffic, while Phra Nakhon district officials came to clean up the area and paint over messages which the protesters had sprayed on the road.

Palace, Emerald Buddha Temple open despite police barricades #SootinClaimon.Com

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Palace, Emerald Buddha Temple open despite police barricades (nationthailand.com)

Palace, Emerald Buddha Temple open despite police barricades

NationalDec 11. 2020Photos by Korbphuk PhromrekhaPhotos by Korbphuk Phromrekha 

By The Nation

Tourist attractions on Bangkok’s historical Rattanakosin Island were open Friday despite the continued presence of container and razor wire barricades erected by police to deal with a pro-democracy rally on Thursday.

Police set up the heavy fortifications after the Ratsadon pro-democracy group called a rally in front of the UN building on Thursday to urge the organisation to back efforts to repeal the draconian lese-majeste law, or Section 112 of the Criminal Code.

On Friday, tourists wishing to visit attractions such as the Grand Palace and Wat Phra Si Rattana Satsadaram (Temple of the Emerald Buddha) were advised to use routes behind the Supreme Court Office and Tai Wang intersection.

Police began dismantling the razor wire barricades on Friday afternoon.

SRT schedules extra trains to North, Northeast for New Year exodus #SootinClaimon.Com

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SRT schedules extra trains to North, Northeast for New Year exodus (nationthailand.com)

SRT schedules extra trains to North, Northeast for New Year exodus

NationalDec 11. 2020

By The Nation

The State Railway of Thailand (SRT) has scheduled 12 extra train services between Bangkok and the North and Northeast to help people get home for the New Year holiday.

The move was made to meet travel demand after all tickets were booked up over the holiday period.

Six extra trains will run from Bangkok to Chiang Mai, to Ubon Ratchathani and to Udon Thani from December 30 to January 2. Six more will make the return journeys from December 31 to January 4.

The SRT is also speeding up maintenance work on bogies to support passengers on all routes from December 29 to January 4.

“With this plan the SRT will be able to support at least 100,000 passengers daily, so we can confirm no passengers will be left stranded in railway stations,” the SRT said.

Meanwhile the SRT has cancelled trains No 909/910 from Bangkok to Nam Tok (Kanchanaburi) and trains No 911/912 from Bangkok to Suan Son Pradiphat (Prachuap Khiri Khan) from December 31 to January 1.

Passengers can reserve tickets at www.railway.co.th or railway stations nationwide. Or they can call 1690 or visit the pr.railway Facebook page for more information.