fredag 29 juli 2022

The Thai Public Health Ministry said 13 people are under observation after a Thai man in Bangkok contracted monkeypox, thus becoming the country's second case. Read Thai Newsroom Report https://thainewsroom.com/2022/07/29/13-others-being-watched-after-second-monkeypox-case-emerges-in-bangkok/




Search is on for a European man who had reportedly engaged in physical contact with Thailand's second monkeypox patient. Read more https://www.nationthailand.com/in-focus/40018297



Bangkok fit to host Biden-Xi talks | The Prayut Government should approach both governments about the country’s readiness to host their historic meeting. After all Thailand, which is the chair of the APEC 2022 leaders’ Meeting on 18th & 19th November, also has excellent ties with both countries. It is a neutral and safe zone in which to reconcile and cooperate. Thai PBS World

Bangkok fit to host Biden-Xi talks

Bangkok is a suitable venue for the first face-to-face talks between US President Joe Biden and Chinese President Xi Jinping later this year. The Prayut Government should approach both governments about the country's readiness to host their historic meeting. After all Thailand, which is the chair of the APEC 2022 leaders' Meeting on 18th & 19thNovember, also has excellent ties with both countries. It is a neutral and safe zone in which to reconcile and cooperate.

The prospect of physical meeting between the two leaders arises out of their latest telephone conversation. Although there was no break-though, it had the immediate effect of cooling the toxic rhetoric emanating from two of the world's most powerful countries. During their more than two-hour conversation the two presidents covered a whole range of issues, which still need to be ironed out in coming dialogue sessions.

What was reassuring was the US confirmation of the 'One China' policy, which has been the pillar of Washington's ties with Beijing since the Shanghai communique. Other countries with diplomatic ties with China also respect this principle. Although the proposed visit of Nancy Pelosi, the US House Speaker, to Taiwan was not on the agenda, the call indicated that the US would be abiding by the 'One China' principle. Indeed, given the straining ties, any comment or action that could politicise or poison the bilateral diplomatic atmosphere should be avoided.

At this juncture, global security is very fragile and the ongoing war between Russia and Ukraine seems likely to continue and further destabilise the global system as we know it. Suitable China-US ties are an imperative for the post-COVID-19 pandemic economic recovery around the world. China's economy will remain the prime mover, as it remains the top trading partner with a large majority of nations.

There are, however, two caveats. First, both China and the US are facing domestic challenges, which will have direct repercussions on their current leadership. China is currently preparing for its 20th Party Congress, which will reaffirm Xi's third-term as leader. Although the exact date has not yet been announced, it is expected to be held in the last quarter of this year. Any disruption must be avoided.

In the US, the mid-term elections are scheduled on November 8th and they will determine the future of the Biden administration. Even with the predictions of poll defeats, Biden is trying to drum up electoral support with his anti-inflation measures. After all, it will be the economic conditions that will decide the winner.

The second caveat is, with pressing domestic issues, both sides should avoid rocking the boat. Fortunately, over the past years, both superpowers have been able to weather their stormy relationship.

It is interesting to note that the American media has not done a good job in promoting a better understanding of the current state of affairs for the American people. Extreme views have been expressed by mainstream media regarding the US-China ties, especially the broadcasters, who rely on their oratory skills rather than facts and knowledge.

American society is free and open. Therefore, it is necessary that free media disseminate facts. Obviously, differing views are common and should be respected. Extreme commentary, calling for hostile action must, however, be avoided.

At this juncture, US-Russia ties are at their weakest. In the case of China-US ties, if their relations deteriorate, there could be direct conflicts, which could lead to disastrous results. Therefore, their proposed face-to-face talks are a must. There are ample opportunities for the two leaders to meet, as they are scheduled to attend three different summits being held separately in Phnom Penh, Bali and Bangkok in November.

Thailand must be ready to play host to the Biden-Xi talks, if need be.

by Kavi CHONGKITTAVORN








Vachira patient tests negative for monkeypox. The man from Thalang has tested negative, while disease control officials have confirmed that a man in Dusit, Bangkok, has tested positive. Phuket News

Vachira patient tests negative for monkeypox
PPHO Chief Dr Kusak Kukiattikoon. Photo: PR Phuket / file

PHUKET: Phuket Provincial Public Health Office (PPHO) Chief Dr Kusak Kukiattikoon has confirmed that the 40-year-old man transferred from Thalang Hospital to Vachira Phuket Hospital on Tuesday (July 26) has tested negative for monkeypox.

Laboratory tests on blood and secretion samples taken from the man on Tuesday had ruled out the man's infection as monkeypox, Dr Kusak announced yesterday (July 28).

Dr Kusak did not confirm what the man's infection was, though the initial diagnosis by Dr Weerasak Lorthongkham, Director of Vachira Phuket Hospital, was that the man had chickenpox.

The man was taken to Vachira hospital in Phuket town after he had presented himself at Thalang Hospital with fever and blisters and rashes all over his body.

Dr Kusak said yesterday that a throat swab, a pustular swab in VTM, a pustular swab in lysis and a whole blood test had failed to find any traces of monkeypox infection.

"Therefore, people are asked not to panic. Don't be fooled by fake news, rumours and fake news and we requesting to follow the correct information from the government," Dr Kusak said.

Meanwhile, the Department of Disease Control yesterday announced through a statement that health officials had identified the country's second confirmed case of monkeypox in the Dusit area of Bangkok.

DDC Director Dr Opas Karnkawinpong said the man was diagnosed by a private hospital in Dusit District, Bangkok, on Wednesday (July 27).

A preliminary investigation by DDC officers found that the patient, a 47-year-old Thai man, had recently had sex with a foreign man.

Devas Lounge

He started having body aches a week ago, and developed pustules on his genitals. The infection spread and he soon developed pustules on his arms, legs, face and head.

The man self-isolated in the house where he is living, but by that time had already come in close contact with 10 other people, Dr Opas said.

The man later presented himself at the hospital when the symptoms worsened. He was admitted for a rash and pustules on his genitals, with swelling, pain and a burning sensation.

Samples taken from the man later were tested and confirmed by DDC officials that the man was infected with monkeypox, Dr Opas said.

The DDC team is now investigating more possible infections in the area and trying to track down the foreign man, he said.

Dr Opas repeated that monkeypox is not easily transmitted, but can be contracted through very close contact.

"So we are asking risk groups to be very careful," he said.






An expert virologist provided an insight into why it is difficult to control the spread of monkeypox. Yong said the monkeypox virus is spreading and the spread is not likely to slow down. Yong said if the disease cannot be controlled, it will spread to others and even pets, which will make the disease even more difficult to control. Published : July 29, 2022 By : THE NATION

Virologist explains why it is tough to control spread of monkeypox
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An expert virologist provided an insight into why it is difficult to control the spread of monkeypox.

Virologist explains why it is tough to control spread of monkeypox

In a Facebook post on Friday, Dr Yong Poovorawan said infected persons do not develop many initial symptoms, so the disease is difficult to diagnose.

Comparing monkeypox to HIV, he said 40 years ago HIV spread quickly because there were no initial symptoms, so patients took no precautions.

However, he said, the only difference is that monkeypox patients recover within two to four weeks and are no longer a threat to others.

Yong said the monkeypox virus is spreading and the spread is not likely to slow down. There are more than 17,000 patients in 75 countries, mostly in Europe and the US. So far, there have only been five deaths from monkeypox, and they were all in Africa.

He also pointed out that though the World Health Organisation report did not provide statistics, current information shows that more than 98 per cent of patients are men. He added that for now, the disease is spreading among men who have sex with men and that 40 per cent of the lesions occur in the genital region.

Yong said if the disease cannot be controlled, it will spread to others and even pets, which will make the disease even more difficult to control.

Thailand adjusts Covid-19 guidelines for possible Omicron outbreak. The Royal Gazette recently published a revision in the emergency decree’s Article 9, which will go into effect on August 1. Published : July 29, 2022 By : THE NATION

Thailand adjusts Covid-19 guidelines for possible Omicron outbreak
Thailand adjusts Covid-19 guidelines for possible Omicron outbreak

The article was revised to prepare for an expected surge in Covid-19 infections worldwide due to the highly transmissible Omicron BA.4 and BA.5 subvariants now that countries are reopening and easing restrictions.

Agencies have been instructed as follows:

• Mark all areas nationwide as Covid-19 surveillance zones in line with the Centre for Covid-19 Situation Administration (CCSA)'s order.

• Enforce Covid-19 prevention measures to contain the spread of the virus in risky venues and provide guidelines for filming television shows, films and videos.

• Prevent activities that may trigger infection clusters unless authorised by the authorities.

• Welcome foreigners in line with the country's reopening policy and public health measures.

• Prepare medical staff and supplies, including Covid-19 vaccines, to deal with possible outbreaks and encourage people, especially the vulnerable, to get booster doses.

• Prepare plans to transition Covid-19 from a dangerous communicable disease to a disease under surveillance to help people make adjustments and live safely.






🔴 #COVID19 update on Friday ⬆️ 2,480 new cases in hospital ⬆️ 37 deaths ⬆️ 24,550 active cases ⬇️ 901 serious cases. Richard Barrow / TNR



Thai Berry pickers to Finland increase again. Record number of Thai berry pickers are once again expected in Finland this summer, reports YLE.fi

Thai Berry pickers to Finland increase again

Blueberry background photo created by dashu83 - www.freepik.com
Blueberry Blueberry background photo created by dashu83 – www.freepik.com

Record number of Thai berry pickers are once again expected in Finland this summer, reports YLE.fi

Two years ago, a new law was passed protecting the berry pickers and this seems to work in providing confidence for the Thais to apply for the jobs. This year, Thai authorities have allowed more than 4,000 berry pickers to work in Finland, which is 500 more than in previous years, the report says.

On the Finnish side, the North Ostrobothnia TE employment office coordinates the arrival of the berry pickers. Among the large berry firms, Polarica Berries and Fruits will bring 1100 berry pickers to Finland, and Marja Bothnia Berries will welcome 900 migrant workers.

Blueberries and cloudberries should have a good harvest this year, Polarica CEO Jukka Kristo told the news site.

"Overall, the season is looking good at the moment, but we don't know yet how the war in Ukraine and inflation will affect the berry sector," Kristo told Yle.

The law on the legal status of foreigners who collect natural products came into force in June last year. In the past, the legal relationship between berry pickers and companies was unregulated, said Niko Huru, a labour inspector for the Northern Finland Regional State Administrative Agency.

Kristo from Polarica told Yle that the new law is welcome and the conditions it imposes are not overwhelming to employers. Kristo noted that reputation is vitally important for employers.

"I have now been welcoming them [berry pickers] to Finland. About 80 percent have been with us before, and 20 percent are their relatives. There must be a reason why they come to us year after year to pick," Kristo said.


Hefty airfares hinder industry recovery. Surging airfares have become one of the most pressing issues in terms of tourism recovery as only a handful of tourists can afford the hefty price of tours. Bangkok Post

Hefty airfares hinder industry recovery
International tourists at Suvarnabhumi airport's departure hall. Varuth Hirunyatheb
International tourists at Suvarnabhumi airport's departure hall. Varuth Hirunyatheb

Surging airfares have become one of the most pressing issues in terms of tourism recovery as only a handful of tourists can afford the hefty price of tours.

"Tour companies are promoting Scandinavian packages starting from 150,000 baht or around 170,000 baht per person on average, double the rate in 2019. Only 3% of outbound travellers are able to afford such pricey outbound trips," said Mr Charoen Wangananonth, president of the Thai Travel Agents Association (TTAA).

He said the more expensive tour packages are due to higher operational costs, mainly attributed to the higher prices of air tickets from higher fuel costs which historically peaked over the past few months.

The impact was more critical for long-haul flights, particularly from the US and Europe as those routes face higher fuel surcharges and they still face a manpower shortage.

The airfares for some popular destinations also doubled from pre-pandemic levels.

To gain a profit from increasing operational costs, tour operators have to adapt services by offering exclusive and tailor-made packages targeting top clients as this group is the only one whose purchasing power has been unfazed by inflation and the weak baht.

For European packages priced less than 100,000 baht, operators would not offer a full board tour and would have to use connecting flights which take more time, rather than direct flights which are typically more expensive.

However, middle-income tourists mostly seek intra-regional travel as these routes have received a less severe impact in terms of airfares.

Overall, package tours in Southeast Asia are less than 20,000 baht.

"Most Thai travellers, both clients of tour companies and individual tourists, refrained from taking long-haul trips as prices are too high. Meanwhile, there were 10% that had to cancel their trips as the visa process for Schengen countries takes 3-4 months instead of the 15 days it normally takes," he said.

Mr Charoen said the visa issue was another factor that led tour operators to avoid offering long-haul packages to tourists, as there is a high risk of loss if the groups cannot travel as planned.

Santisuk Klongchaiya, chief executive of Thai AirAsia, said the airline has to monitor inflation in Thailand which directly affects domestic spending power.

The high load factor rate of 90% in July was from pent-up demand from international tourists after the full reopening on July 1, but as low season draws near, demand over the next few months could be softer, prompting the airline to accelerate low fare promotions to cushion the impact.

However, flight resumption still lagged behind pre-Covid operations as the number of active routes saw a 40-50% recovery, but flight frequencies were just 25-30% of the pre-pandemic level.

"Airfares have been raised amid soaring fuel prices. We could partly absorb the cost and had to pass some on to passengers, while maintaining a price ceiling to be competitive with other airlines," said Mr Santisuk.






torsdag 28 juli 2022

The second confirmed monkeypox case in Thailand was found in Bangkok on Thursday, Public Health Minister Anutin Charnvirakul said. https://www.nationthailand.com/in-focus/40018266 The Nation



Land expropriation for smart city in Chon Buri to start at year-end The government will start expropriating land in a tambon in Chon Buri province late this year for the construction of a smart city and EEC business hub with a budget of 1.34 trillion baht, a senior official said. The Nation

Land expropriation for smart city in Chon Buri to start at year-end

The government will start expropriating land in a tambon in Chon Buri province late this year for the construction of a smart city and EEC business hub with a budget of 1.34 trillion baht, a senior official said.

The Sor Por Kor is land allocated to landless farmers for farming. The land cannot be legally sold.

Kanit said the first phase of expropriation would cover plots in Ban Bueng (Moo 6), Ban Mab Phuk Thong (Moo 11), Ban Nok (Moo 12) and Ban Nong Phak Kood (Moo 13) villages in tambon Huay Yai.

Most of the plots are farm lands where villagers have planted rubber trees, palm trees, coconut trees and tapioca.

He said the office has dispatched teams to conduct public hearings and the plan had garnered support but also opposition.

An EECO source said the office was still in the process of negotiating land prices with farmers as many of them thought the offered prices were too low.

A source from Tambon Huay Yai said the first lot of expropriation would be done for 2,000 rai of land in Moo 13 village and the plot would be used for building the new EEC office. The source said public hearings with local people met with both agreement and disagreement as many local people saw the prices were too low.

Although the Sor Por Kor land cannot be legally sold and bought, the source from the tambon said many investors have already bought the right to hold the land from farmers in anticipation of getting benefits from the new city project.

The source said land price has shot up after it has become known now that the construction of the new EEC city would start in tambon Huay Yai along highway No 331 -- the Sattahib-Khon Chi Chan Road.

Tambon Huay Yai has been selected as the centre of the new city apparently because it is located at the spot with convenient transportation. It is located near a station of the high-speed railway that will link the Don Mueang, Suvarnabhumi and U-Tapao airports. The spot is also near the U-Tapao airport, Pattaya and not too far from Suvarnabhumi Airport.

The EECO source said some 14,600 rai (2,336 hectares) in tambon Huay Yai would be gradually expropriated. So far, the government has allocated 1.5 billion baht for the expropriation, the source added.

The source said the project would later expand to cover some 70,000 rai of smart city covering two more tambon – Pong and Khao Mai Kaew.

The cost of the entire project was set at 1.3 trillion baht over 20 years of development, the source added.

The source said the smart city would have low-rise buildings comfortable to live in and work from. It would cater to foreigners who would come to work in the EEC during the next 20 years, the source added.

Hotel situation Phuket.

Thailand receives COVID-19 prevention antibody drug from AstraZeneca. The Ministry of Public Health has received the long-acting antibody drug from AstraZeneca, intended to help provide immunocompromised persons with protection against COVID-19. The drugmaker today delivered the first 7,000 doses of its antibody treatment, out of the initial 250,000 doses ordered by the Thai government. NNT

Thailand receives COVID-19 prevention antibody drug from AstraZeneca

by Tanakorn Sangiam

 

image.jpeg

    

The Ministry of Public Health has received the long-acting antibody drug from AstraZeneca, intended to help provide immunocompromised persons with protection against COVID-19.

 

The drugmaker today delivered the first 7,000 doses of its antibody treatment, out of the initial 250,000 doses ordered by the Thai government.

 

Unlike vaccines, which trigger the immune system to generate immune responses against a pathogen, this long-acting antibody treatment can provide ready-to-use antibodies that neutralize the virus, preventing it from infecting cells.

 

Health authorities in Thailand intend to provide this prophylaxis treatment to those with weakened immune systems, who may not be able to adequately generate a sufficient level of immune response after vaccination.

 

The Ministry of Public Health is preparing to roll out Evusheld to patients with chronic kidney diseases who require regular dialysis, and patients on immunosuppressants.

 

According to the ministry, there are some 500,000 people in Thailand who live with weakened immune systems.

 

Minister of Public Health Anutin Charnvirakul said this antibody treatment is safe and will help reduce the chance of infections, severe illness, and death from COVID-19.

 

He said the treatment will be provided to eligible patients at no cost, adding that private hospitals can request the treatment from the Ministry of Public Health for their patients at no charge.

 

Dr. Kiattiphum Wongrajit, Permanent Secretary of Public Health, said medical professionals are ready to provide this antibody treatment to all patients.

 

He said preparation briefings on the use of this treatment are being organized and the drug will gradually be distributed to service areas.

 

AstraZeneca's Evusheld treatment is intended for use in people 12 years old and over, weighing 40 kilograms or more. The administration of this drug can provide around 6 months of protection.

 

Patients with chronic kidney disease, organ transplant recipients, patients on immunosuppressants, and anyone who cannot generate immune protection after vaccination can benefit from this antibody treatment.

 

The drug should be administered to those without a prior history of COVID-19 infections, and those who are not considered at high risk. Minimal side effects have been reported from the use of this treatment.


Both Thai and foreign investors are keen on buying hotels in Bangkok and tourist cities with Chinese buyers eyeing Phuket and Chiang Mai while others are looking at the capital. - Thai Newsroom

Thai, foreign investors eager to buy hotels in Bangkok, major tourist cities

AS a result of tourism having improved in the first half of this year both Thai and foreign investors are now keen on buying hotels in Bangkok and four key tourist cities, Phuket, Samui, Pattaya and Chiang Mai, with several deals having already been concluded, Matichon newspaper today (July 27).

Mr. Phattarachai Thaweewong, research director at Colliers International Thailand, said while Chinese investors are interested in buying hotels in Phuket and Chiang Mai, those from the US, Singapore and Japan want to snap up the ones located in Bangkok.

The key issue is reasonable price and attractive location as over 10 million domestic and foreign tourists are expected to travel within the country this year.

Over the past 10 years the total turnover of hotel sales was approximately 99.650 billion baht with transactions during 2017-2018 amounting to 20 billion baht a year with major investors buying both those already operating and under construction, 

Their criteria is over 6% return per annum and that the building should not be over 15 years of age nor less than 10 years.

They also prefer hotels with at least 150 rooms as this would be more worthwhile for them. Most intend to renovate their purchase and bring in a well-known chain to operate it for them.

"The demand to purchase hotels by both Thai and foreign investors is expected to continue this year. Over 20 properties will likely change hands compared to 24 in 2021 and 7 in 2020.

"The number of hotels for sale is usually limited but the Covid-19 pandemic led to many operators both in Bangkok and key tourist cities choosing to sell their business because they could no longer shoulder the financial burden with liquidity drying up," he said.

After the trading price dropped by 30% last year it has started to edge up this year because owners now see that tourism business is improving. However investors could still buy one at a good price and their purchases could lead to total trading value jumping over 15 billion baht.

However Phatarachai warned investors to be careful as there are still some negative factors that have greatly impacted the real estate sector particularly that both global and Thai economies continue to be slow after the Covid pandemic hit the world.

Yet Thailand remains a destination that many foreign tourists are keen on visiting with hotel business expected to expand in future.






🇹🇭 THAI NEWS REPORTS: The number of international arrivals hit the 3,000,000 mark on 23rd July. The top nationalities were: 1. Malaysia: 366,568 2. India: 313,053 3. Singapore: 171,034 4. UK: 154,335 5. USA: 141,970

 


🔴 #COVID19 update on Thursday ⬇️ 1,902 new cases in hospital ⬇️ 32 deaths ⬇️ 23,960 active cases ⬇️ 904 serious cases. Richard Barrow / TNR



onsdag 27 juli 2022

MONKEYPOX Genetic sequencing is underway to see if it was a domestic infection or if it somehow lay dormant in him since October. The head of the Centre for Medical Genomics at Ramathibodi Hospital has addressed what many have questioned in the wild case of the Nigerian man who was diagnosed in Phuket with monkeypox and then fled to Cambodia. This first confirmed case of monkeypox in Thailand was likely contracted inside of the country, suggesting earlier, unidentified cases. | Thaiger / PBS World

Was the Nigerian man the real first monkeypox case in Thailand?

The head of the Centre for Medical Genomics at Ramathibodi Hospital has addressed what many have questioned in the wild case of the Nigerian man who was diagnosed in Phuket with monkeypox and then fled to Cambodia. This first confirmed case of monkeypox in Thailand was likely contracted inside of the country, suggesting earlier, unidentified cases.

The Nigerian man arrived in Thailand on October 24 and spent some time in Chiang Mai before moving to Phuket where he stayed the majority of his stint in Thailand. According to Dr Wasun Chantratita, the man was in Thailand the entire time, so he must have picked up monkeypox domestically.

On July 16, he went to a private hospital, fearing that he'd contracted a sexually transmitted disease after blisters broke out on his genitals. But two days later the hospital contacted him and instructed him to come in to be treated for monkeypox. He left his condo and checked into several hotels and then was picked up by an accomplice and taken to the border at Sa Kaeo before swimming across the river into Cambodia and eventually making his way to Phnom Penh where Cambodian authorities arrested himand moved him to a hospital for treatment.

There's now some debate over the fate of the Nigerian man, as Cambodian police plan on prosecuting him for his illegal entry into the country, while the Ministry of Public Health is insisting he be sent back to Thailand to be prosecuted for violating the Communicable Diseases Act.

Genetic sequencing will now take place to analyse the specific strain of monkeypox that the Nigerian man has and determine its genetic makeup. Victims of monkeypox in Africa and in Europe suffer different symptoms due to the different genetic strains of the virus itself, so this analysis provides a look into the original source of the man's monkeypox and also determines whether he contracted it in Thailand or if he somehow had a dormant case before he arrived in the country.

While monkeypox does have several strains, there is nowhere near the amount of mutations that the Covid-19 virus has, meaning that genetic sequencing for monkeypox should be faster. Only then can it be confirmed that the man was infected in Thailand and that there are more undiagnosed or unreported cases of monkeypox within the kingdom.

SOURCE: Thai PBS World




Expats ponder whether to gamble on the Thai baht. With the British pound theoretically worth more than 44 baht and the US dollar sticking at around 37 baht, many expats, vacationers and Bloomberg wonder if they are on a roll. Whether now to move foreign cash to Thailand is the question of the day. - Pattaya Mail

Expats ponder whether to gamble on the Thai baht

Predicting the future of the baht is like betting on a roulette wheel.

With the British pound theoretically worth more than 44 baht and the US dollar sticking at around 37 baht, many expats, vacationers and Bloomberg wonder if they are on a roll. Whether now to move foreign cash to Thailand is the question of the day. The truism is that, in times of international economic distress, world-stage investors flock to the US dollar which represents the world's biggest economy. The fact that America has its own share of economic malaise and is run by an ageing president who has seen better days won't affect that stark reality.

The current slide in the Thai baht has many roots. Recession and rampant inflation worries are coupled with concerns about the revival of Covid which has dampened vaccine optimism. International tourism, leaving India aside, is sluggish partly as a result of airlines reducing the availability of flights from popular bases in mainland Europe, Britain and the United States. There are concerns about the slowdown of economic growth in China which is a very significant trading partner with Thailand. Finally, the Bank of Thailand has refused to hike interest rates significantly to curb inflationary pressures because of the presumed negative consequences elsewhere in the economy.

Meanwhile the British pound has its own dilemmas. UK businesses have just posted their slowest growth since February last year accompanied by warnings of higher inflation yet and threats of recession. Polls suggest that British foreign secretary Liz Truss will become the new prime minister in September. Her expensive tax cutting program is looked on with disdain by most international agencies, including the International Monetary Fund, as likely to push up inflation even faster. But the key to 10 Downing Street lies in the hands of 190,000 mostly-affluent Conservative party members who probably made up their minds months ago.

Currency predictions are always made on swampy ground. It was widely assumed that Brexit would doom the British currency which simply hasn't happened. Another myth is that military coups in Thailand bring about the decline of the baht which is certainly untrue: putsches are popular amongst financiers as they tend to quell arguments. At any rate in the short term. If the Russo-Ukraine war ended, for whatever reason, or if NATO troops got involved directly in the fighting, all bets would be off. If the latest Covid outbreaks worldwide led to another economic collapse … well, you know!

Trading Economics, using a global economic model, is sort-of indicating that the Thai baht will rise by less than one percent by September against major currencies and will remain largely static next year. Barclays and Bloomberg, who hold major stakes in the currency world, emphasize that what we don't know internationally outweighs what we do know. So it is guesswork after all. Meanwhile Thailand could well announce soon the lawful establishment of casino complexes. Guesswork comes into its own.



The cabinet agreed to extend the State of Emergency, from August 1st to September 30th, citing the need to control the spread of COVID-19, especially the new Omicron sub-variants which are spreading rapidly. https://www.thaipbsworld.com/thai-cabinet-extends-state-of-emergency-until-end-of-september/ PBS World