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Three Thai high-speed train projects shelved

Thaiger

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“As the high-speed train system in Laos is nearing completion, he said that Thailand must speed up its construction of the Bangkok-Nong Khai project.”

Three high-speed train projects are being shelved by the Thai government due to lack of interest from co-investors.

Sources at the Transport Ministry have told Thai PBS World that none of the three projects were included in the infrastructure master plan recently submitted to the economic cabinet meeting by the Transport Ministry. The projects are…

β€’ Bangkok-Phitsanulok-Chiang Mai northern route

β€’ Bangkok-Surat Thani southern route

β€’ The second phase between Rayong and Trat eastern route

Although a feasibility study of the Bangkok-Phitsanulok-Chiang Mai high-speed train project has been completed, the sources say that the government has made it clear that it would not invest in the project unless Japan agrees to co-invest and provide technology transfer to Thailand.

For the Bangkok-Surat Thani high-speed project the government doubts that the project is economically viable, due to high investment costs and the short 600 kilometre route, which may not attract investors from the private sector. They noted that a conventional dual-track south-bound route is already under construction and will be operational in the next 3-4 years.

Thai PBS World reports that negotiations with Japan to co-invest in the northern route project have been unsuccessful. The Japanese say they’ve never invested in a high-speed train project outside Japan and is, therefore, reluctant to invest in the project in Thailand.

Chayatham Promsorn, deputy director of the Office of Transport and Traffic Policy and Planning, says the Thai government has set its sights on developing the Thai-Chinese high-speed train project between Bangkok and Nong Khai in the north-east, which will connect with the Chinese3-Lao high-speed train system under the Chinese Belt and Road Initiative.

As the high-speed train system in Laos is nearing completion, he said that Thailand must speed up its construction of the Bangkok-Nong Khai project.

Construction of the first phase of the project, between Bangkok and Nakhon Ratchasima, is due to be completed in the next two years while design of the second phase, from Nakhon Ratchasima to Nong Khai, is now underway.

SOURCE: Thai PBS World

 

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Coronavirus (Covid-19)

Covid-19 patients with high blood pressure at high risk of death -CCSA

Thaiger

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Stock photo via Bumrungrad Hospital

Covid-19 patients with high blood pressure have the highest risk of death followed by patients infected with the coronavirus who underlying conditions of diabetes or high cholesterol, according to data from Thailand’s Centre for Covid-19 Situation Administration.

Since the start of the pandemic last year, the CCSA has reported 486 coronavirus-related deaths. Out of those fatalities, 392 were reported after April 1. Using data from the recent wave of infections, the CCSA found that those infected with Covid-19 who also have high blood pressure are at the most at risk of death, followed by those who are diabetic and those who have high cholesterol.

Others who are at risk of severe infection or death if infected with Covid-19 include those with chronic kidney disease, heart disease, obesity or lung disease.

Most of the deaths since April 1 have been in Bangkok, making up 46% of the death count in the recent wave, followed and provinces just outside the capital. Most patients who died while infected with Covid-19 have been over 60 years old with underlying health conditions. Several young adults, in their 20s and 30s, who died while infected with Covid-19, had underlying conditions of diabetes and obesity.

Covid-19 patients with high blood pressure at high risk of death -CCSA | News by Thaiger

SOURCE: PR Thai Government

 

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Thailand

Thailand News Today | Covid case jump, Airlines ask for loans, Penguin hunger strike over | May 13

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4,887 new infections from the past 24 hours, 7 member airlines are pushing for a meeting with PM Prayut Chan-o-cha to discuss the option of soft loans, and Chiang Mai has reported a new cluster of Covid-19 after 3 patients lied about being infected.

 

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Economy

Lungtoo, A PM Prayut-themed Thai meme crypto, debuts

Neill Fronde

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PHOTO: Crypto based on PM Prayut's nickname is destined to be huge. *Please don't consider this investment advice. (via SiamBlockchain)

For those looking to get into the cryptocurrency craze in the shadiest way possible while also offending the Thai government, the perfect option now exists. Say hello to Lungtoo, the newest meme crypto be making its way through the Thai blockchain community. The name is pronounced like the Thai translation of Uncle Tuu, the affectionate nickname given to PM Prayut Chan-o-cha by his supporters. The cryptocurrency was launched on Monday, perhaps as a response to Elon Musk’s Saturday Night Live appearance during which Dogecoin, the crypto he has supported, plummeted.

The website for Lungtoo features artwork from anonymous political cartoonist Kai Maew who claimed he had no involvement and had not given permission for his art to be used. The site is targeting Thai youth that have been protesting Thailand’s current government and the digital currency claims to be donating profits to Siriraj and Phramongkutklao hospitals. The crypto was created completely anonymously and the website was offline today.

Much of the cryptocurrency and its website seems to have used the Binance Smart Chain service the launch a knockoff of another cryptocurrency, Dogemoon. The website and all associated information and press releases seem to be cobbled together from Dogemoon’s website and other crypto sources. The Lungtoo website was registered anonymously but it was confirmed to be set up in Victoria, Australia.

939 crypto investors had purchased the original Lungtoo coins before a red-flag-raising back-end switch changed the contract account where the coins originated. 40 people have purchased the new coins and the crypto creators announced later that people could exchange old coins for new coins. They claimed the accounts were switched because their original didn’t meet the regulations for some crypto exchange platforms.

Experts say this shady change, and other setup vulnerabilities, make the coin a humorous meme but a risky and easily exploited investment.

SOURCE: Coconuts

 

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