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Phuket Gazette Thailand News: Rice, bank runs and elections

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Phuket Gazette Thailand News: Rice, bank runs and elections | The Thaiger
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– Thailand news compiled by Gazette editors for Phuket’s international community

Most banks say deposits normal after Bt30 billion pulled from GSB accounts
Phuket Gazette / The Nation
PHUKET: Major private banks have not detected a wave of deposits, even though 30 billion baht in cash was withdrawn by customers of the Government Savings Bank (GSB) yesterday.

Weidt Nuchjalearn, a first senior executive vice president of Krungthai Bank, said deposits and withdrawals at KTB were normal.

New customers at the bank yesterday came in for the latest time-deposit campaign offering an interest rate of 4 per cent on a 60-month fixed deposit, 3 per cent for a 14-month fixed deposit and 2.8 per cent with a five-month fixed deposit.

KTB, a state-owned and publicly traded commercial bank, last week sent outreach teams to reassure wealthy depositors that it was not involved with the rice-pledging scheme after one major depositor informed the bank that it would withdraw its money, as it was worried the bank would help finance the rice-pledging scheme.

The bank has a business continuity plan if it sees a run on deposits. However, its customer base consists mainly of businesses with payroll accounts and SMEs, unlike the GSB, which has mostly retail depositors, Mr Weidt added.

Smith Banomyong, an executive vice president of Siam Commercial Bank, said customers yesterday opened deposit accounts at normal levels. The bank has not seen a flood of deposits.

Noppawan Jermhansa, a first senior vice president at Kasikornbank, said KBank has not noticed a larger-than-normal flow of new money.

KBank yesterday brought back its 24-month, tax-free fixed deposit account, paying 3.5-per-cent interest, after it drew 100,000 new accounts last year. The minimum monthly deposit is only 1,000 baht.

The bank renewed the campaign following its initial plan not to acquire depositors from other banks or the GSB.

“This deposit product is designed to tap the mass segment who have savings discipline,” she said.

Bangkok Bank was an exception, with savings rising even though it did not launch a special deposit campaign.

Pochanee Kongkalai, an executive vice president, said the bank found deposits increasing from the wealthy, middle-class and mass segments. It is highly possible that the new depositors were customers moving over from the GSB.

Suthimon Voravit, an officer of a private company and a GSB depositor, said she withdrew funds from her account at the GSB because she felt uncomfortable leaving her money there after the bank granted a loan to the Bank of Agriculture and Agricultural Cooperatives (BAAC).

She said she would shift her savings to other banks, but if they have extended credit to BAAC like the GSB did, she might consider pulling out her money from those banks and investing in gold.

‘We will still retake Govt House’ : Chalerm
Phuket Gazette / The Nation
PHUKET: The Centre for Maintaining Peace and Order (CMPO) still plans to re-take the Government House as the first target of its operation to reclaim five areas occupied by the People’s Democratic Reform Committee (PDRC), even though anti-government protesters walled up the gates to the compound yesterday.

For the sake of transparency, Labour Minister Chalerm Yoobamrung, the CMPO director, has instructed the Public Relations Department to produce a special programme called “Peace for Bangkok Mission” for live broadcast of the reclamation mission on channels 11 and 9, deputy government spokeswoman Sunisa Lertpakawat said yesterday.

Mr Chalerm said Prime Minister Yingluck Shinawatra had instructed him not to resort to violence.

Depending on the situation, the CMPO would decide on whether or not to retake all of the five PDRC rally sites – Government House, Government Complex on Chaeng Wattana Road, Democracy Monument, Energy Ministry and Interior Ministry.

Mr Chalerm shrugged off the pre-emptive move by Suthep Thaugsuban, secretary-general of the PDRC, to forestall the government’s plan to return to work at Government House.

Mr Suthep yesterday led a group of PDRC followers to seal off Government House. They were joined by the Students and People’s Network for Thailand’s Reform, which is camping out near Government House, in putting up concrete and sandbags in front of two gates of the seat of government.

The PDRC’s move was prompted by Mr Chalerm’s vow on Sunday to reclaim five PDRC bases and Ms Yingluck’s aim to resume work at her regular office tomorrow. Ms Yingluck has been using the office of the Defence Ministry’s permanent secretary as her temporary workplace sometime after the anti-government rally started.

Mr Suthep said Ms Yingluck was acting at the recommendation of her soothsayer that she resume work at Government House on Wednesday.

EC and Govt fail to agree on date for further voting
Phuket Gazette / The Nation
PHUKET: The Election Commission (EC) and government ministers failed to reach an accord yesterday for when a new round of voting should be held to fill remaining seats for MPs in the House of Representatives.

EC member Somchai Srisuthiyakorn met with some Cabinet members and legal advisers from the Pheu Thai Party to discuss problems stemming from the February 2 election, which was marred by protests and disruptions.

Caretaker Justice Minister Chaikasem Nitisiri and Pheu Thai legal adviser Kanin Boonsuwan suggested that the new voting must be held on March 2, or no more than 30 days after the election.

They cited the Constitution, which requires that the House of Representatives convene within 30 days of a general election to elect a new prime minister. Mr Chaikasem said that the requirement must be met.

In the February 2 election, there were no candidates in 28 constituencies, all of them in the South, and voting could not be held at more than 10,000 polling stations around the country.

Mr Somchai said yesterday that the EC would petition the Constitutional Court on Friday if the agency and government failed to agree about the date for further voting.

He said the court was expected to make a ruling some time shortly before March 2, which would not leave the EC with sufficient time to prepare for new voting for the date nominated by the ministers.

“New voting on March 2 is certainly impossible now,” Mr Somchai said.

Mr Somchai described yesterday’s meeting with Cabinet members and Pheu Thai legal experts as “one of the best” between the EC and the government.
MP gives evidence against PM at anti-graft agency
Phuket Gazette / The Nation
PHUKET: Former Democrat MP Warong Dechgitvigrom is confident his testimony yesterday to the National Anti-Corruption Commission (NACC) on alleged corruption by caretaker Prime Minister Yingluck Shinawatra in relation to the rice-pledging scheme will help speed up the case against her.

Mr Warong spent two hours talking to the NACC yesterday morning – accusing Ms Yingluck, as p

— Phuket Gazette Editors

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News of American sued over bad Koh Chang hotel review has everyone talking

The Thaiger & The Nation



News of American sued over bad Koh Chang hotel review has everyone talking | The Thaiger

After news hit of an American being arrested and sued for defamation over leaving a bad review about a Koh Chang hotel on TripAdvisor, many are taking to the internet to voice their opinions on the issue. The Sea View Resort owners say it tried in vain to negotiated with Wesley Barnes after he posted the reviews, but he continued to post completely untrue comments.

The owners released a five-page statement after the news of it suing the American gained widespread attention. You can read their response HERE. Then, Barnes submitted his own response detailing the situation which was also published online.

News of American sued over bad Koh Chang hotel review has everyone talking | News by The ThaigerNews of American sued over bad Koh Chang hotel review has everyone talking | News by The Thaiger

Now, the story has gained even more attention as netizens have begun posting their opinions on the controversial issue of Thailand’s defamation laws. Below, are some of those posts on The Thaiger’s Facebook page.

“Can someone clarify for me Thailand’s position on people leaving honest bad reviews as my girlfriend says it’s fine to leave a bad review of a business and it’s not defamation if honest of course? I have heard people say that you simply can’t leave bad honest reviews at all here but that sounds ridiculous. The thing about many Thais is that they think they’re beyond reproach. They can’t accept criticism because it’s not aligned with their grandiose self-image. Many also have a torrid time when it comes to ownership of their own actions and decision making.”

“OMG! He is arrested for a review.?! I know of an expat in Malaysia that wrote a bad review about a Thai-owned resort in Penang and he was sued as well. Be careful with what you share in that neck of the woods.”

“It’s one thing to leave a bad review but to throw in “modern slavery” remarks escalates to thai defamation law. He shouldn’t be arrested for his comments but you need to respect the country laws no matter how crazy they seem compared to your own country. This press is going to negatively affect the business way more than that review would have done though.”

“The owner should have settled with the review platforms privately and move on. I would hardly hold up Trip Advisor as a beacon of truth, however some people write extremely personal and vindictive comments that go beyond a review, in an attempt to gain product or refunds in return, this is an absolute fact, and hopefully this might make people think before they start writing reviews that are not exactly honest, I have read stories critical of the General Managers because they didn’t contact the guests, some really petty reviews by rather petty people.”

If Barnes is indeed found to be guilty of defamation, he could spend up to 2 years in prison and pay up to a 200,000 baht fine.

SOURCE: Chiang Rai Times

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Phuket police arrest 6 after finding large amounts of methamphetamine in raid

The Thaiger & The Nation



Phuket police arrest 6 after finding large amounts of methamphetamine in raid | The Thaiger

Phuket Provincial Police have arrested 6 people after finding large amounts of methamphetamine and other drugs during a raid. One suspect alone allegedly had 7.6 kilograms of crystal meth (ya ice) and over 12,500 methamphetamine pills (ya bah). 29 year old Surasak ‘Bank’ Wijit and 27 year old Panida ‘Mei’ Saeyang were arrested at an apartment car park in Soi Lookkaew, Moo 6, Rassada, in eastern Phuket, after they were found in possession of the drugs.

Police also found 2 mobile phones and a red Honda PCX, registered in Phuket, as evidence. Both suspects have been charged with posessing a Category 1 drug with the intent to sell.

Other suspects arrested at the same time include 36 year old from Chiang Rai, 42 year old Sarawut ‘An’ Srichanon, from Ranong and 31 year old Pornthep ‘Iew’ Thepchampa, who were charged with the same crimes in Chalong after police found more drugs in their possession. 33 year old Kamon ‘Kung’ Sae-ngow, was arrested as well after police found kratom juice and leaves at a house in Rassada. He was taken to Phuket City Police station and was charged with a Category 5 drug possession.

SOURCE:The Phuket News

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Phuket Muay Thai fighter is the first Thai national to compete in UFC

The Thaiger



Phuket Muay Thai fighter is the first Thai national to compete in UFC | The Thaiger

The upcoming Ultimate Fighting Championship Fight Night event in Abu Dhabi will feature Thailand’s only national marking her third fight with the UFC, the world’s largest mixed martial arts competition. 24 year old Loma Lookboonme, from Burirram in northeastern Thailand, will fight in the event on October 3, 2020.

Loma is a Muay Thai fighter who has adapted her MMA skills to fight in the UFC where she currently trains at the Tiger Muay Thai gym in Phuket. Loma qualified for the national team at the age of 19 and has fought in over 12 nations worldwide. She currently trains 6 days a week starting daily at 6:30am with a 3 kilometre run. In the UFC, she will be competing against China’s Angela Lee who is the undisputed champion of the 52 kilogram fist weight category.

Phuket Muay Thai fighter is the first Thai national to compete in UFC | News by The Thaiger

Loma’s parents are former Muay Thai fighters and her 2 sisters currently compete as well. She reportedly started training at 8 years old after being inspired by her father, whom she describes as her “hero.”

Like most Thais in such fighting sports, Muay Thai offers a way to rise out of poverty-and fighting for the UFC can be financially lucrative. But Loma says her only Thai sponsor is the gym where she trains, with the rest of her sponsors being from foreign brands. She says she is trying to get more Thai sponsors but feels that maybe she needs to win the UFC first before Thai brands notice her.

Loma lost her last fight and says her new opponent gives her nothing to lose. She says her goal is to get into the Top 10, but is not sure when it will happen. Loma says for now, it would be good to fight against someone in the Top 10 to help her prepare for her future.


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