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AstraZeneca beginning local vaccine deliveries
Phuket News
/
Thailand
THAILAND: AstraZeneca and Siam Bioscience yesterday (June 2) announced they were ready to start supplying the government with COVID-19 vaccine produced in Thailand.
A Look at Thailand’s Trade Agreement with Mongolia
Phuket News
/
Business
Recent reports have confirmed the intention of the authorities in Thailand to increase the amount of trade carried out with Mongolia. This is part of a long-term plan for bilateral trade between the countries to reach as high as US$100 million (3.1 billion baht) in the next couple of years. Full Details of the Meeting This information was released following a meeting between Thailand’s Commerce Minister Jurin Laksanawisit and Tumur Amarsanaa, who is the Mongolian ambassador to Thailand. Both sides are keen to find new ways to boost trade between them and increase economic relations. This was the first time that a Thai commerce minister had got involved in discussions like this with a Mongolian ambassador since the opening of the Mongolian embassy in Bangkok back in 2000. It forms part of a five-year cooperation plan that began in 2019 and runs up to 2023. The overall idea is to increase the level of cooperation, investment, and bilateral trade between the two countries. What Products Could Be Traded More? Among the products expected to be exported to Mongolia are rice and rubber, with Thailand the world’s biggest exporter of the latter in 2019. The amount of quality, safe food produced in Thailand means that Mongolia could become an important market. It is also hoped that medical tourism in Thailand becomes more popular among Mongolians thanks to this agreement. Some of the other products that Thailand could send to Mongolia include paper and automotive products. From Mongolia, Thailand could import the likes of animals, textiles, and metal ores. The annual average trade value between Thailand and Mongolia over the past five years is $49.8 million. At the moment, Mongolia sits in sixth place in terms of Thailand’s more important trading partners in East Asia. On a global basis, it is way down in 126th place, though. Looking back over the last five years, the average figure for annual trade between the countries is just under $50 million, and in 2020 it was less than $37 million. How This Could Affect the National Currencies and Commodity Prices? Ideally, this new plan for economic cooperation will help both countries to prosper. One of the effects that trade deals like this can have is on the national currency. The right balance of imports and exports helps any country to maintain a strong currency, while too many imports can lead to it being devalued. Changes like this can be interesting to traders who carry out CFD trading on different commodities or currencies. This type of investment means speculating on future prices without actually buying the asset. In this way, traders use leverage to potentially earn profits even on relatively small price changes. When natural resources such as food and minerals become more in demand due to new or growing markets, this can lead to their price increasing accordingly. The Mongolian market perhaps isn’t big enough to make a significant impact on the baht or on Thailand’s main exports, but it is certainly worth keeping an eye on new markets like opening up. All of this means that the new trade approach between Thailand and Mongolia could be of benefit to a wide range of people, from business owners to consumers and traders.
Emirates, Etihad confirm Phuket flights from July 1
Phuket News
/
Business
PHUKET: Etihad Airways has confirmed it will begin flights from Abu Dhabi to Phuket from July 1, while Emirates Airlines has announced it will resume four weekly services from Dubai to Phuket from July 2.
Phuket suffers third COVID death in latest outbreak
Phuket News
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Phuket Covid 19
PHUKET: Phuket has suffered its third death attributed to COVID-19 in the latest outbreak, the Phuket Provincial Public health Office (PPHO) has announced.
PHUKET XTRA: VIDEO: Phuket officials continue to ignore AstraZeneca promise || June 2
Phuket News
/
Phuket
PHUKET XTRA - June 2 || Brought to you by @PVC Phuket Phuket officials ignore AstraZeneca promise |:| Man found dead in Patong |:| Bar, club owners plea to reopen |:| Uncle of murdered girl surrenders |:| Gov’t goes after 8 online accounts Hosted by: JP Mestanza || #Phuket
Accor Live Limitless partners with One Phuket
Phuket Life
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Community
PHUKET: In Thailand’s southern island of Phuket, the devastating effects of COVID-19 continue to be felt by the community due to low levels of domestic tourism and the closure of international borders. In response to the situation, a group of residents have joined together to launch ‘One Phuket’, a community driven initiative which seeks to support those in dire need of assistance and propose solutions for various issues.
Court orders ISPs to shut down 8 internet political commentators
Phuket News
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Thailand
BANGKOK: Internet service providers have been served with court orders to close or remove from their computers the accounts of eight individuals deemed to have posted fake news on websites and social networks, Digital Economy and Society Minister Chaiwut Thanakhamanusorn said on Wednesday (June 2).
Survival bags to be given to more than 35,000 households in Phuket
Phuket News
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Phuket Covid 19
PHUKET: Deliveries of essential household supplies in what officials call ‘survival bags’ are to be provided to more than 35,000 households across the island to help people who sufferin from the ongoing economic crisis.
Electricity outage to affect parts of Kathu
Phuket News
/
Phuket
PHUKET: The Provincial Electricity Authority (PEA) has announced that the electricity supply will be temporarily shut off in parts of Kathu on Friday (June 4) as work is carried out on installing new high-voltage cables.
Phuket officials continue to ignore AstraZeneca promise
Phuket News
/
Phuket Covid 19
PHUKET: Phuket officials have again repeated that registration is open for foreigners to receive a state-provided COVID-19 vaccination while remaining silent on previous promises that foreigners would be vaccinated in June and that the vaccine to be used will be AstraZeneca only.
Phuket marks COVID-19 death of woman, 86
Phuket News
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Phuket Covid 19
PHUKET: Phuket has suffered its second death in the current outbreak of COVID-19. The COVID fatality was an 86-year-old woman who passed away yesterday (June 1), Phuket Provincial Public Health Office (PPHO) Chief Dr Kusak Kukiattikoon explained during a live broadcast this morning (June 2).
Urgent aid needed for starving captive elephants
Phuket News
/
Thailand
THAILAND: Renowned animal welfare advocate Dr. Jane Goodall, DBE has joined hands with Save Elephant Foundation Founder, Lek Chailert, to launch an urgent global campaign, “Foodbank: Battle for Survival” which aims to bring immediate relief to starving elephants in Thailand.
Qatar Airways confirms Phuket flights to resume July 1
Phuket News
/
Business
PHUKET: Qatar Airways has confirmed that the airline will operate four flights a week from Doha to Phuket starting July 1.
Thai equestrians make history by qualifying for Tokyo Olympics
Phuket Sport
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Thailand
EQUESTRIAN: Congratulations are in order for the Thai national team and the Thailand Equestrian Federation (TEF).
Navy defends decision to buy three Chinese-made tanks
Phuket News
/
Thailand
THAILAND: The Royal Thai Navy (RTN) yesterday (June 1) defended its purchase of three Chinese-made tanks, saying the procurement was approved before the COVID-19 pandemic outbreak.
WHO approves China’s Sinovac COVID jab
Phuket News
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World
WORLD: The World Health Organization (WHO) yesterday (June 1) approved the Sinovac COVID-19 vaccine for emergency use - the second Chinese jab to receive the WHO’s green light.
Australian man found dead in Patong
Phuket News
/
Phuket
PHUKET: An Australian man was found dead from apparent suicide at his rented room on Nanai Rd in Patong today (June 1).
China confirms first human case of bird flu strain
Phuket News
/
World
WORLD: China reported the world’s first human infection of the H10N3 bird flu strain today (June 1) but said the risk of it spreading widely among people was low.
Phuket suffers second COVID death in latest outbreak
Phuket News
/
Phuket Covid 19
PHUKET: Phuket has suffered its second death attributed to COIVD-19 in the latest outbreak, the Phuket Provincial Public health Office (PPHO) has announced.
Phuket foreigners to get leftover Sinovac
Phuket News
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Phuket Covid 19
PHUKET: Foreigners staying in Phuket will be able to register for a state-provided COVID-19 vaccination from tomorrow (June 2), with vaccinations of leftover Sinovac vaccine doses to be rolled out on Thursday and Friday (June 3-4), it was announced today.
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