budget
- World News
Malaysian PM proposes a state of emergency in a political move to postpone budget vote
Malaysia’s head of state is said to be consulting with the country’s other hereditary rulers to discuss a proposal by Malaysian PM Muhyiddin Yassin, who has requested that the King declare a state of emergency. The Star newspaper is reporting that the country’s rulers would meet at 2.30pm tomorrow, after which the king will deliver a decision to the PM. Muhyiddin…
- Thailand video news
Thailand News Today | Prison release?, Pattaya Makeover, 6 new Covid cases | October 2
Justice Minister proposes releasing chronically ill inmates to reduce prison overcrowding In an effort to reduce overcrowding in Thailand prisons, the Justice Ministry is looking into allowing chronically ill inmates to be released on a royal pardon. There’s also talk of shortening sentences for those incarcerated on drug charges. Overcrowding has been a problem at Thailand’s prisons, especially now more…
- Thailand News
Phuket residents going hungry after local government assistance runs out
Residents in Phuket, particularly those living in and around the west coast townships, are reportedly going hungry as the government’s municipal budget to provide food has been depleted. Despite efforts to revive tourism in the area, thousands of people are still in need of donated food to survive and continue to queue up for donated food every day. A public…
- Economy News
New lease on life for 7 of Thailand’s budget airlines
PM Prayut Chan-o-cha today threw a lifeline to 7 of Thailands’ domestic low-cost airlines, beginning with the injection of 24 billion baht in soft loans for the struggling aviation sector, battered by the Covid-19 pandemic. Representatives of Thai Air Asia, its long haul division Thai Air Asia X, Thai Smile, Thai Lion Air, Thai Viet Jet, Bangkok Airways and Nok…
- Politics News
Thai Army wants to purchase 1.35 billion baht replacement VIP plane
With most of the country’s fleets of commercial jets grounded due to the bans on international travel and limited domestic flights, the Thai Army says they’re planning to buy a new aircraft for “general use”. The plane is reported to be a Gulfstream 500 private jet valued at 1.35 billion baht. The plane would be bought under the 2021 fiscal…
- Covid-19 News
Navy delays sub purchases as it slashes budget by a third
All ministries in the Thai government have been instructed to contribute 10% of their 2020 budgets to the fight against Covid-19. Last week the Royal Thai Army announced it would also delay most of its purchases of new military hardware until the situation improves. A spokesman says that The Royal Thai Navy has gone further and will cut 33%, or…
- Covid-19 News
Up to 10 million Thais out of work in next three months – CCSA
As many as 10 million Thais could be out of work in the next few months if the current Covid-19 epidemic drags on. Supant Mongkolsuthee, the president of the Federation of Thai IndustriesGovernment, says the Thai government needs to provide timely support for businesses. As head of the Centre for Covid-19 Situation Administration’s working committee, tasked with overseeing small and…
- Economy News
The almighty baht set to fall further despite rate cuts, stimulus
A lot has changed for the baht. It was only months ago that The Bank of Thailand considered drastic measures to rein in the rambunctious baht, whose massive gains in currency markets made it the darling of speculators. In December Kasikorn Bank released a report outlining reasons the baht “will remain strong into 2020.” The bank’s research arm forecast the…
- Politics News
Opposition hits out at government’s military spending in 2020 budget
PHOTO: Reuters | The Business Times The opposition is accusing the government of being more concerned with military arms than the daily struggles of Thai citizens. During a debate in Parliament on the budget bill, the government was accused of caring more about the growth in military spending than citizens’ financial woes. The opposition levied the attack after PM General…
- Environment News
Greening Bangkok: 100,000 new trees for the city costing 30 million baht
The Bangkok Metropolitan Administration is planning to spend 30 million baht in planting 100,000 trees this year to increase Bangkok’s green space. The first batch of 50,000 trees requiring 5 million baht would be planted at public parks and state offices. The second batch of 50,000 trees requiring 25 million baht would be planted by 50 district offices on land…
- Pattaya News
Pattaya beaches remain a disgrace despite 429 million baht clean-up
PHOTOS: Facebook/Pattaya News Pattaya News has reported about the state of the beach along the Pattaya foreshore saying hundreds of millions of baht has been spent on adding new sand to the beaches but the area still looks a dirty mess. “What should be a stunning natural attraction for tourists is a continuing disgrace,” reports the Pattaya News. They report that…
