KRC estimates ฿45bn economic loss in a month from new COVID-19 outbreak



Two Chiang Rai tea products win Gold in World Green Tea Competition 2020 in Japan

Two companies in Thailand’s northern province of Chiang Rai have recently won Gold Prizes for their two tea products at the World Green Tea Competition 2020, held in Shizuoka prefecture in Japan.

The two winning tea products are the Assam green tea, of 1×2 Ban Phayaprai Laoma tea factory, and the Oolong Khao Hang-Ngok tea, of Chart 101 Company.

Mr. Cherdchai Lasee, owner of 1×2 Ban Phayaprai Laoma tea factory, told Thai PBS that the tea samples entered for the competition are products normally consumed by the local people in Doi Phayaprai, a spacious 6,400 hectare mountainous area, which used to be where opium poppies were grown, but which is now covered by tea plantations. It is the largest tea planting area in Thailand.

He also

AMLO is verifying reports of four Thai banks’ alleged role in suspicious transactions

Thailand’s Anti-Money Laundering Office (AMLO) is in the process of verifying a report, by the International Consortium of Investigative Journalists (ICIJ), that four Thai banks have been involved in suspicious financial transactions, worth about 41.31 billion baht, over nearly two decades.

Responding to the ICIJ report, AMLO Acting Secretary-General Pol Maj-Gen Preecha Charoensahayanont said today that checking suspicious financial transactions is a normal practice of AMLO, as he asked for time to verify the report.

The ICIJ’s report refers to files leaked from the Financial Crimes Enforcement Network in the US. They allegedly indicate that many commercial banks worldwide turned a blind eye to suspicious transactions between 1999 and

Thai Government to roll out another stimulus package to help retail sector

Thailand’s Centre for COVID-19 Situation Administration (CCSA) has approved a new 45 billion baht stimulus package, for distribution to 15 million Thai adults to spend with independent vendors, small retailers, convenience stores and shopping malls.

The 15 million people will each receive 3,000 baht, to be spent within three months to buy food or other necessities from outlets which have registered to join the programme.

The customers will, however, pay half the price of the products or services out of their own pockets, with the balance being met by the state. Spending will be capped at between 100-250 baht per head per day.

Mr. Danucha Pichayanant, Deputy Secretary-General of the National Economic and Social Development Board, said today

No more enforced social distancing on Thailand’s public rail networks

Thailand’s Department of Rail Transport has decided to ease social distancing measures, when travelling on all public rail transport systems, by allowing the occupancy of all seats, but passengers must wear face masks and refrain from talking to each other during the journey.

The easing applies to train services operated by the State Railway of Thailand, the Metropolitan Rapid Transit (MRT), Bangkok Expressway and Metro (BEM), BTS and SRT’s Electric Train Company.

The service operators are still required to check the temperatures of all passengers before boarding and ensure carriages are not too packed, despite easing social distancing for seating.

Passengers will be advised, by the service operators, to clean their hands with sanitizer before

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