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1.9 trillion baht stimulus aims to relieve Covid-19 impacts on Thai business

Anukul

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1.9 trillion baht stimulus aims to relieve Covid-19 impacts on Thai business | The Thaiger
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Today, on the weekly meeting with the Thai Cabinet, it was concluded and approved that the third phase of the economic stimulus will commence as of today. The stimulus is valued at 1.9 trillion baht and is aimed to relieve some of the impacts of the Covid-19 outbreak.

PM Prayut Chan-o-cha revealed that the third phase of economic stimulus measures consists of three emergency decrees…

  • The first decree will transfer 80 billion baht to 100 billion baht to the central budget to use as stimulus funds.
  • The second will permit the Bank of Thailand to use up 900 billion baht for moves to boost the economy.
  • The third decree allows the Finance Ministry to borrow up to 1 trillion baht, of which 600 billion baht will be used for cash handouts and public health and 400 billion baht will be spent on economic recovery measures (in addition, there will be another 80 billion baht to 100 billion baht available after rearranging the budgets of government authorities).

Meanwhile, the Bank of Thailand will allocate 500 billion baht in soft loans at 2% interest rates to aid the economy, especially to small and medium enterprises, with credit lines of up to 500 million baht. In addition, the BOT will instruct commercial banks and government financial institutions to allow SMEs with loans not exceeding 100 million baht to postpone principal debt and interest payment for 6 months.

Government spokesperson Narumon Pinyosinwat says “the Cabinet has also approved the Finance Ministry’s draft regulations to disregard import duty for materials that can be used to cure, diagnose or prevent the Covid-19 virus.”

The waiver has been in effect since March 26 and will be valid until September 30.

SOURCE: The Nation / The Nation

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My name is Anukul, I a writer for the Thaiger, I specialise in translation articles and social media, and assisting with our video production. I previously worked at Phuket Gazette and attended BIS international school in Phuket.

Coronavirus (Covid-19)

Chon Buri province reports 0 cases of Covid today

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Chon Buri province reports 0 cases of Covid today | The Thaiger
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Chon Buri province is reporting 0 new cases of Covid-19, marking 3 out of 4 days with no new infections. Despite the good news, The Chonburi Department of Public Health is warning residents to “stay vigilant”.

A migrant worker tested positive for the virus yesterday but all close contacts, 93 people, to the person have tested negative and went into quarantine. The Provincial Employment Office in Mueang Chon Buri also closed, out of precaution.

The Chon Buri Department of Public Health says they will test 35 more who live around the same camp as the migrant worker, but those people are not considered close contacts. Banglamung and Pattaya has not had any cases of Covid for the past 7 days. Officials have said many times that the closure measures and provincial travel restrictions, that have left thousands out of work, will be lifted as soon as it is safe to do so, but it looks like any reviews of the measures will take place at the end of this month.

Currently, Chon Buri province is categorised as a “highly controlled” area which essentially deems all travel to be stopped. Those who do wish to travel, to or from the area, must have written permission by a district official in order to enter or leave.

Such strict measures have left many formal workers desperate as hotels have asked many times for the government to issue a forced lockdown which would help these workers collect social security to aid their lost salaries. But those requests have so far been denied as the government says they are mulling other ways in which to help.

In the meantime, hotels have taken their restaurants to the streets by offering food stalls and delivery with most of the owners saying they are trying to support their remaining staff. Chinese businessmen handed out food packages last night in a goodwill gesture to help those in need.

SOURCE: The Pattaya News

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CCSA Update: 309 new Covid-19 infections in Thailand

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CCSA Update: 309 new Covid-19 infections in Thailand | The Thaiger
PHOTO: Post Today

The CCSA’s daily briefing today started with an update about a NBT news presenter who has attended the daily briefings at the CCSA studio and testing positive for Covid-19. The CCSA spokesman then announced that all people working in the CCSA studio, including himself, are defined as a “low risk” group for infections.

The CCSA spokesman says he, together with all those involved with any risk, will take a swab test this afternoon and will report the test results to the public later on. The infected NBT newscaster has been sent to the hospital already.

Today, 309 new Covid-19 cases were announced from the last 24 hours. The majority of the infections were detected from active case testing, accounting for 217 cases. Most of them were migrant workers. 80 were local transmission, while 12 cases were detected in state quarantine.

According to the CCSA spokesman, key measures to be rolled out next week will be the acceleration on proactive testing in Samut Sakhon and the outer western areas of Bangkok where the infection rate is still high. Numbers and reports from the active findings are expected to be complete by the end of next week will serve as key factors for a review of the current restrictions in place.

CCSA Update: 309 new Covid-19 infections in Thailand | News by The Thaiger

SOURCE: CCSA Daily Briefing

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Thai tourism operators want to offer vaccination-inclusive packages

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Thai tourism operators want to offer vaccination-inclusive packages | The Thaiger
PHOTO: Post Today

Vaccination seems to be the great new hope of most of Thailand’s businesses battered by Covid-19, especially the tourism industry. Thai tour operators are now floating the idea of “vaccination tour packages” to attract inbound travellers after the first inoculations are distributed in February.

Sort of an STV with vaccination included.

The tourism plan is expected to potentially benefit those inbound tour operators, hotels and destinations that have been massively affected by Covid-19 restrictions.

The Tourism Council of Thailand president Chamnan Srisawat explains… “The one month tour packages are expected to cost 150,000 baht, including a 14 day quarantine in an alternative state quarantine or alternative local quarantine facility, and include a vaccination cost.”

The idea is, of course, still in the early stages and needs more discussions because there are still uncertainties of travel rules with vaccine certificates. The ‘idea’ also, again, targets the high end of the travel market that even the current STV has been unable to attract.

Chotechuang Soorangura, the NS Travel and Tour associate MD, speaking to the Bangkok Post, said… “Thailand is not considered a Covid vaccine hub as the country cannot produce a mass supply attracting a large volume of tourists. Most people would rather get inoculated in their own country before going abroad as they want to avoid being exposed to the virus while travelling.”

He also suggests that the country should instead promote itself as a “wellness destination and medical tourism hub” (a suggestion that has been made many, many times before).

SOURCE: Bangkok Post

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