Archive for August 6th, 2020

Patients, folk healers in Thailand could soon grow own weed

06-Aug-2020 Intellasia | Coconuts Singapore | 6:02 AM

Medical marijuana got a spurt of growth yesterday with cabinet approval of a proposal to allow patients, health workers and licensed folk healers to grow marijuana. Relaxing [...] » More

Thailand protesters openly criticise monarchy of King Maha

06-Aug-2020 Intellasia | Aljazeera | 6:02 AM

Speakers at a Thai anti-government protest have demanded reforms to the monarchy of King Maha Vajiralongkorn, calling for its powers to be curbed in unusually frank public [...] » More

Bank of Thailand leaves policy rate unchanged at record low

06-Aug-2020 Intellasia | BangkokPost | 6:02 AM

The Bank of Thailand (BoT) left its key interest rate unchanged at a record low for a second straight meeting on Wednesday, as widely expected, on signs of improvement in the [...] » More

Thailand orders new investigation into Red Bull heir’s alleged hit and run

06-Aug-2020 Intellasia | TheGuardian | 6:02 AM

Thailand’s attorney general has ordered a fresh investigation into the heir to the Red Bull fortune, following public anger over a decision to drop previous charges [...] » More

ADB to Lend Thailand $1.5 Billion to Aid Virus Response

06-Aug-2020 Intellasia | NYTimes | 6:02 AM

The Asian Development Bank announced Tuesday it will provide a $1.5 billion loan to Thailand to aid its response to the coronavirus pandemic. Thailand’s Cabinet [...] » More

Nok Air loses millions on no-show MPs

06-Aug-2020 Intellasia | BangkokPost | 6:02 AM

More than 100 former and incumbent MPs are being blamed for Nok Air incurring 3.5 million baht in losses for flights they booked but never showed up for, according to Somboon [...] » More

The Risk of trade secret misappropriation during work-from-home arrangements

06-Aug-2020 Intellasia | BangkokPost | 6:02 AM

While we’ve all seen how quickly life has changed during the pandemic, from a business and HR angle the possibility of intellectual property misappropriation and theft [...] » More

Thailand cuts crude imports in May

06-Aug-2020 Intellasia | ArgusMedia | 6:02 AM

Thailand imported less crude in May as refinery runs fell. Imports were 607,000 b/d in the month, lower by 29pc from April and down by 31pc compared with May 2019, according [...] » More

More cases from Mideast, one from US

06-Aug-2020 Intellasia | BangkokPost | 6:02 AM

The government on Wednesday reported seven new cases of coronavirus disease, six quarantined returnees from the Middle East and one from the US, raising total to 3,328. [...] » More

Tisco: Listed firms set for 49pct Q2 profit hit

06-Aug-2020 Intellasia | BangkokPost | 6:02 AM

Aggregate net profit of SET-listed companies likely fell by 40-50 percent year-on-year to 80-90 billion baht in the second quarter after lockdown measures crippled economic [...] » More

Banks’ transaction crash rate down in Q2

06-Aug-2020 Intellasia | BangkokPost | 6:02 AM

The banking sector continued to endure transactional crashes in the second quarter, albeit at a lower rate, as transaction volume surged. A total of 25 transactional crashes [...] » More

Voter safety a priority during 2020 elections, Jokowi says

06-Aug-2020 Intellasia | JakartaPost | 6:02 AM

President Joko “Jokowi” Widodo is urging all parties to prioritise the health and safety of voters and polling station officers in the upcoming 2020 regional [...] » More

UOB launches digital bank in Indonesia to lure tech-savvy consumers

06-Aug-2020 Intellasia | Verdict | 6:02 AM

Singapore-based United Overseas Bank (UOB) has launched its digital bank TMRW in Indonesia, following its initial launch in Thailand last year. The launch is part of the [...] » More

Indonesia Covid cases have been vastly underestimated, warn experts

06-Aug-2020 Intellasia | The Telegraph | 6:02 AM

Indonesia may have reached one million Covid-19 cases nearly ten times its official figure, claim senior epidemiologists from the Southeast Asian nation. Dr Pandu Riono, from [...] » More

Jakarta collects more than Rp 2 billion in PSBB fines

06-Aug-2020 Intellasia | JakartaPost | 6:02 AM

The Jakarta administration has collected billions of rupiah in fines from violators of the capital’s large-scale social restrictions (PSBB), amid the COVID-19 pandemic. [...] » More