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Coronavirus (Covid-19)

Ministries will give up 10% of their 2020 budget to fight Covid-19 in Thailand

Anukul

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Ministries will give up 10% of their 2020 budget to fight Covid-19 in Thailand | The Thaiger
PHOTO: asia.nikkei.com
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The third round of government measures are set to apply 10% of the country’s fiscal 2020 budget allocated to each ministry, and put into a central funding pool to battle against the Covid-19 pandemic as well as the rehabilitation of the economy.

Deputy PM Somkid Jatusripitak says that the central fund will be overseen by PM Prayut Chan-o-cha.

“The measures will be focused on the people who live in rural areas and to stabilise the Thai financial market.”

The total budget allocated to Thailand’s key ministries amounted to 1.98 trillion baht and includes…

  • The Education Ministry at 368 billion baht
  • The Interior Ministry at 353 billion
  • The Finance Ministry at 249 billion
  • The Defence Ministry at 233 billion
  • The Transport Ministry at 178 billion.

“These contributions will be one of two key sources of funding to cope with the pandemic and the revival of the economy. The other is borrowing from domestic financial institutions, the government may issue an executive decree allowing this to be possible.”

“The public debt to GDP ratio is 43%, well below the ceiling of 60% set by the government’s fiscal sustainability framework. This allows the government plenty of room to increase public debt to help the rural sector and stabilise financial markets.”

“The public should not be too worried about the debt because the government’s fiscal and monetary status remains strong, with US$230 billion in foreign reserves. The government doesn’t need to borrow from the IMF and domestic financial institutions are flush with liquidity.”

Yesterday, Finance Minister Uttama Savanayana, Bank of Thailand governor Veerathai Santiprabhob and executives of the Securities and Exchange Commission, reported to PM Prayut on the progress made for the government’s plan to rehabilitate the economy, agreeing that the third set of measures needs to be approved soon.

SOURCE: Bangkok Post

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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.

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Coronavirus (Covid-19)

Covid-19 update: 9 new cases, all imported (May 27)

Jack Burton

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Covid-19 update: 9 new cases, all imported (May 27) | The Thaiger
PHOTO: Reuters

The Centre for Covid-19 Situation Administration announced 9 new cases of Covid-19 at this morning’s daily press briefing. All 9 were ‘imported’ cases by Thai nationals returning from overseas, “bringing attention to the importance of the state quarantine process and border control”, according to CCSA spokesman Dr Taweesilp Visanuyothin.

Of the 9 cases, two recently returned from the US. The two males, aged 18 and 27, flew back on May 12 and were found to be infected yesterday, the last day of their state quarantine. Both were asymptomatic. 6 students, aged 23 – 33, returned from Saudi Arabia. They first flew to Malaysia and then transferred to the Padang Besar border checkpoint. Officials of both countries suspect that the checkpoint is now a Covid-19 hotspot and should be closed for sanitation. 4 of the patients had high fever and cough, while two were asymptomatic.

A 34 year old masseur returned from Qatar on Friday with a high fever, coughing and no sense of smell during state quarantine. He tested positive for Covid-19 on Monday.

Covid-19 update: 9 new cases, all imported (May 27) | News by The Thaiger

Dr. Taweesin suggested Thai nationals in Malaysia hurry up if they want to return home as the checkpoint is likely to be temporarily closed soon.

All international arrivals are banned until at least the end of June, and borders are closed, with the exception of Thai Nationals returning from abroad. Every Thai national must go through a mandatory state quarantine of 14 days which includes Covid-19 testing.

The fact that all 9 cases are imported makes today the second day in a row without a new locally transmitted case. Thailand has had a total of 3,054 cases of the virus since the start of the outbreak. 2,931 of the cases have fully recovered and been released with 2 new recoveries in the past 24 hours, leaving the recovery rate at 96%.

There are 66 cases remaining in hospital under treatment nationwide, with the majority being imported cases according to CCSA officials.

No new deaths were reported today, leaving the nation toll at 57.

SOURCE: The Pattaya News | Nation Thailand

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Coronavirus (Covid-19)

5 Thai students test positive for Covid-19 after returning from Saudi Arabia

Maya Taylor

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5 Thai students test positive for Covid-19 after returning from Saudi Arabia | The Thaiger
PHOTO: Needpix

5 students, who returned to Thailand from Saudi Arabia via Malaysia, have now been confirmed as being infected with the Covid-19 virus. The students are part of a group of 39 returning citizens who arrived back in the country via the Padang Besar road checkpoint at the Malaysian border.

All 39 are reported to be in mandatory state quarantine at hospitals in the southern provinces of Songkhla, Yala and Pattani. While most are students who were studying under scholarships provided by the government of Saudi Arabia, Thai PBS World reports that 2 of the repatriates are a woman and her 14 month old baby.

A further 6 Thai nationals attempting to return from Saudi Arabia failed the health checks and were refused permission to travel. Thailand has strict fit-to-travel documentation required for all Thai citizens returning to the Kingdom. They are also required to go into mandatory 14 day quarantine when they arrive, no matter where they are returning from.

SOURCE: Thai PBS World

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Coronavirus (Covid-19)

Bank report predicts extended timeframe for Thai tourism recovery

The Thaiger & The Nation

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Bank report predicts extended timeframe for Thai tourism recovery | The Thaiger

As the severity of the current situation facing Thailand’s lucrative tourism industry starts to sink in, Kasikorn Bank Research Centre have released a report with some stark predictions.

Thailand’s tourism and hospitality industry faces losses of 1.69 trillion baht in 2020 and recovery “may not be clearly evident” next year. The report also foreshadows strict ‘new normal’ procedures as government measures will control the entry and exit of foreign tourists, actually all foreigners, to prevent further outbreaks of Covid-19.

It has been clear, as restrictions continue whilst the number of new daily cases hovers in single-digits, that Thailand will paint itself as the zero-risk destination. Exactly how that may unfold, and the list of restrictions imposed, has not yet been announced. But the immigration doors are unlikely to be thrown open any times soon.

The impact of Covid-19 on travel demand and the weak purchasing power of future tourists has Kasikorn Research Centre predicting difficult times ahead for the country’s key tourism industry that contributes up to 18% of Thailand’s GDP.

“Even in 2021, recovery will probably not return. Therefore it will be a difficult period for businesses in the chain of the tourism sector.”

“Until a vaccine is found, tourism and hospitality operators will need to adjust their services and the content they offer to ensure they deliver safe distancing and comply with strict health measures.”

The research paper goes through a number of other key points…

• Health regulations will dictate the travel experience

• Touch-points will have to be removed as much as possible

• Safe distancing will need to be practised at popular tourist spots as well as when travelling or staying in hotels or transferring to and from airports

Tour operators face the challenge of offering safe bus transportation throughout Thailand guaranteeing social distancing, which will be required on all transfers. This will increase the cost of transfers and tours, and more buses will be required to transfer tour groups.

For tour groups visiting water or theme parks, flower gardens and museums will need to be carefully managed to prevent further Covid-19 outbreaks.

Even on planes, the option to reduce passenger load, in efforts to impose socially-distant seating, will make it impossible for airlines to operate profitably unless air fares prices substantially increase.

The entire tourism supply chain will be radically different if the ‘risk-free’ Thailand model is to be rolled out effectively. The report suggests that hotels will be invited to join certification schemes.

Tourist-fed economies like Pattaya, Phuket and Koh Samui will be the hardest hit and have a number of years ahead with a long timeframe for recovery reaching beyond the end of next year.

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