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FDA warns against using animal drug as COVID cure
FDA warns against using animal drug as COVID cure
THAILAND: The Food and Drug Administration (FDA) is warning people against using the antiparasitic drug Ivermectin to treat COVID-19, saying it is mostly for use in animals.
THAI extends leave without pay, deeper cuts needed
THAI extends leave without pay, deeper cuts needed
THAILAND: Thai Airways International (THAI) is extending its leave-without-pay (LWOP) scheme for another 12 months, as the ailing flag carrier continues to struggle to meet its financial obligations.
PHUKET XTRA: VIDEO: 64% of Phuket vaccinated, Activists doxed by royalists, Nightlife workers petition for handouts |:| June 29
PHUKET XTRA: VIDEO: 64% of Phuket vaccinated, Activists doxed by royalists, Nightlife workers petition for handouts |:| June 29
PHUKET XTRA - June 29 || Brought to you by @PVC Phuket Google takes down doxing docs of activists |:| COVID Update |:| Nightlife workers petition for handouts |:| 64% of Phuket given |:| Hosted by: JP Mestanza || #Phuket
Thailand Looks to Post-COVID Future With Ambitious Budget Bill
Thailand Looks to Post-COVID Future With Ambitious Budget Bill
  In early 2020, Thailand was in a strong position. The world was on the cusp of a global pandemic that would extend for over a year, but that was still some way off. In the APAC regions, there are several nations that are developing rapidly and attracting significant external investment interest. Thailand laid its claim as one of the emerging forex markets in Asia on the back of a robust Telecommunications and trade-in service industry, that lies at the core of their economic expansion and blossoming industry.  The country was showing promise to investors as far back as July 2018. Three years ago, Thailand possessed $237.5 billion in international reserves alone - second only to Singapore, amongst the Southeast Asian nations. It ranked as the second-largest economy after Indonesia, too. It was for that reason that Bloomberg business news’ investment strategists have adopted a bullish outlook of the Thai economy going into 2021 as likely to exceed expectations, as the global recovery continues to progress.  A combination of a healthy foreign exchange reserve and major potential for inflowing portfolios are seen as foundations pieces of this higher ranking. Additionally, the governmental approach to fiscal recovery, underlined by an ambitious budget bill, narrowly passed at its first reading in June 2021 by 269 votes to 201.   The pandemic’s impact is wide-ranging, and difficult to gauge concisely. However, Thailand’s economy was thought to shrink by approximately 5% in 2020 once the pandemic reached Thai shores. With weakened global export demand, a lack of tourism, and a massive decline in retail sales, the bill is believed to be crucial to the country’s return to normality. Not that it’s all plain sailing from here. The bill will go through second and third readings throughout August before its final, royal approval is earned.  The impact of the bill on the forex market is always complex and closely tied to the specific contents of the bill itself. Casual and retail investors hoping to gain a more comprehensive understanding of forex trading are highly recommended to seek out detailed guidance, as the forex market is a complex and fast-paced environment that always carries a level of unpredictability. However, Thailand’s ambitious plans are likely to support the value of the Baht against other major currencies like the Dollar and Euro, due in no small part to the progressive rejuvenation of the nation’s infrastructure and workforce that are tied to the Thai Government’s COVID recovery plan.  The bill is part of a wider strategy in Thailand to stimulate a faster and sustainable recovery from the general malaise of the health crisis. Tax relief, infrastructure projects, debt restructuring, skilled training programs, and direct cash injections have all been leveraged as means of lifting Thailand out of the global recession.  The nature of forex has always been about timing, and one of the greatest challenges created by the pandemic for forex traders was the lack of clarity about its timespan and severity. Therefore, Thailand’s budget bill marks a positive turning point in many ways. It’s a strong indication of a recovery strategy that could make the Baht much stronger as a currency of a nation that has invested heavily in internal industry and economic stimulation to ease out of a long lockdown. Forex traders who were tracking the Baht before 2020 will likely have increased interest in its future performance, as the EIC has predicted that the baht will remain strong until the end of 2021. However, the looming possibilities of future spikes in cases can never be underestimated. In the grand scheme of things, the value of the baht pales in comparison if the pandemic were to have a third or fourth wave. But the agreement between all, forex traders or otherwise, is the sooner things return to a form of normality, the better. 
PM Prayut to grace Phuket Sandbox launch
PM Prayut to grace Phuket Sandbox launch
PHUKET: Prime Minister Prayut Chan-o-cha will fly to Phuket on Thursday to preside over the opening ceremony of the Phuket Sandbox tourism scheme.
With propaganda push, China’s Communist Party celebrates 100 years
With propaganda push, China’s Communist Party celebrates 100 years
WORLD: Hair windswept and 32-metres high, a statue of Mao Zedong presides over a crowd of millennials alternating between selfies and bubble teas – drawing a thread through the past, present and future of China’s Communist Party in its red heartland.
Royal Gazette announces Thailand’s new regulations for online ride-hailing services
Royal Gazette announces Thailand’s new regulations for online ride-hailing services
BANGKOK: Thailand’s Transport Ministry has reported that a ministerial regulation, covering online ride-hailing services, has been announced in the Royal Gazette, making the rules enforceable.
Drug dealing couple arrested after Phuket distributor confesses
Drug dealing couple arrested after Phuket distributor confesses
PHUKET: A couple were arrested in Nakhon Sri Thammarat yesterday (June 28) on drug related offences after their Phuket-based distribution contact had given them up to police.
Phuket marks 14 COVID infections in past week, vaccinations hit 80%
Phuket marks 14 COVID infections in past week, vaccinations hit 80%
PHUKET: The Phuket Provincial Public Health Office (PPHO) daily report for yesterday (June 28) marked three new COVID infections on the island, bringing the total number of people infected in Phuket since Apr 3 to 723.
‘A Quiet Place’ returns with a bang
‘A Quiet Place’ returns with a bang
Cinemas are back open and the movies are back with a BANG! There has been no ‘slow-opening’ when it comes to blockbusters being released with one of the most eagerly anticipated films of the year opening this week… after a delay of exactly a year (thanks COVID!).
France stunned by Switzerland, Spain advance on dramatic day at Euro 2020
France stunned by Switzerland, Spain advance on dramatic day at Euro 2020
FOOTBALL: Kylian Mbappe missed the crucial penalty yesterday (June 28) as world champions France were sent packing from Euro 2020 in a shoot-out against Switzerland, who go through to a quarter-final tie against Spain after an unforgettable day of drama which featured a total of 14 goals in two games.
Double dose Sinovac ‘up to 91% effective’ against Alpha strain
Double dose Sinovac ‘up to 91% effective’ against Alpha strain
THAILAND: Double doses of the Sinovac vaccine are 71%-91% effective in warding off infection by the Alpha (UK) COVID-19 strain, according to results announced by the Public Health Ministry yesterday (June 28).
PM unfazed by criticism as B7.5bn of aid confirmed
PM unfazed by criticism as B7.5bn of aid confirmed
THAILAND: Prime Minister Prayut Chan-o-cha has insisted he is unfazed by critics of the government’s handling of the worsening COVID-19 situation after some called on him to step down.
Welcome back home
Welcome back home
As the countdown to the Sandbox nears the July 1 deadline, resort island pays tribute to its real-life tourism attraction.
PHUKET XTRA: VIDEO: TAT revises down Phuket Sandbox arrivals |:| June 28
PHUKET XTRA: VIDEO: TAT revises down Phuket Sandbox arrivals |:| June 28
PHUKET XTRA - June 28 || Brought to you by @PVC Phuket Police bust B200mn online gambling sites in Chalong |:| Patong Tunnel to start in 2023, for 2027 opening |:| TAT revises down Phuket Sandbox arrivals Hosted by: JP Mestanza || #Phuket
Beach cleanup finds syringe, oil-smothered ropes
Beach cleanup finds syringe, oil-smothered ropes
PHUKET: A beach cleanup at Mai Khao last Friday (June 25) uncovered a syringe hidden in the sand and tangle of ropes smothered in oil.
Police bust B200mn online gambling ring in Chalong
Police bust B200mn online gambling ring in Chalong
PHUKET: Officers from the Police Cyber Taskforce (PCT) arrested two men at a house off Chao Fa West Rd in Moo 5, Chalong, on Saturday (June 26) for operating nine gambling websites that together had a turnover of more than B200 million.
Navy, Marine Police to help ensure Sandbox tourists do not leave Phuket by boat within first 14 days
Navy, Marine Police to help ensure Sandbox tourists do not leave Phuket by boat within first 14 days
PHUKET: Patrols by the Royal Thai Navy base in Phuket as well as Marine Police will help provide assistance to make sure that the tourists arriving through the Phuket Sandbox scheme do not leave Phuket by boat before completing the mandatory 14-day stay on the island. 
Curtain up for record-chasing Djokovic at Wimbledon
Curtain up for record-chasing Djokovic at Wimbledon
TENNIS: Novak Djokovic begins his bid for a sixth Wimbledon title and 20th Grand Slam today (June 28) as the grass court showpiece returns following its cancellation in 2020 due to the COVID-19 pandemic.
National Insurance Association warns against COVID cons
National Insurance Association warns against COVID cons
THAILAND: The Thai General Insurance Association (TGIA) is warning people against deliberately getting themselves infected with COVID-19 so they can claim insurance.