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WORLD

US Fed makes emergency rate cut to combat virus risk

AFP, Published on 03/03/2020

» WASHINGTON - The US Federal Reserve announced an emergency rate cut Tuesday, responding to the growing economic risk posed by the coronavirus epidemic and giving President Donald Trump the stimulus he has called for.

LEARNING

Govt names 11 virus risk zones

Gary Boyle, Published on 03/03/2020

» The Public Health Ministry has issued an announcement defining nine countries and two territories as high-risk zones for coronavirus disease to accommodate control measures yet to be announced.

BUSINESS

G7 'ready to take action' to stem coronavirus risks

AFP, Published on 03/03/2020

» PARIS: Top officials from the Group of Seven nations vowed Tuesday to use "all appropriate policy tools" to prevent the coronavirus crisis from damaging the global economy, but held back on unveiling specific relief measures for now.

THAILAND

Supreme Patriarch donates B2m to buy masks for monks

Post Reporters, Published on 03/03/2020

» The Supreme Patriarch has donated 2 million baht for the purchase of face masks for monks across the country to protect themselves from Covid-19, said Prime Minister's Office Minister Tewan Liptapallop.

BUSINESS

SE Asia stocks rebound on hopes of global monetary stimulus

Reuters, Published on 03/03/2020

» Southeast Asian stock markets rebounded on Tuesday, with Thailand posting its best session in at least three years, as expectations that central banks would step in to blunt the economic blow from the coronavirus epidemic spurred a risk rally.

WORLD

G7 seeks to inoculate global economy against coronavirus

AFP, Published on 03/03/2020

» PARIS: Group of Seven finance ministers and central bank chiefs were set to hold coronavirus talks Tuesday as concerns grew that the epidemic could imperil the health of the global economy.

THAILAND

Overloaded van was carrying illegal workers

Post Reporters, Published on 03/03/2020

» SURAT THANI: Immigration police checking an overloaded van on Monday found eight illegal Myanmar migrants hiding inside it, each with a fake passport, police said on Tuesday.

THAILAND

Activists seek to have Thamanat thrown out of parliament

Post Reporters, Published on 03/03/2020

» Two anti-government activists on Tuesday petitioned the Election Commission (EC) to ask the Constitutional Court to disqualify Deputy Agriculture and Cooperatives Minister Thamanat Prompow, over his past criminal record in Australia.

THAILAND

Cops to grill Banyin's son over murder-kidnap

Wassayos Ngamkham, Published on 03/03/2020

» Police now want to question the son of former deputy commerce minister Pol Lt Col Banyin Tangpakorn, who is suspected of masterminding the kidnap-murder of the brother of a senior court judge, a source close to the Crime Suppression Division (CSD) said.

BUSINESS

Shippers see exports sinking through first half

Phusadee Arunmas, Published on 03/03/2020

» A key shippers group expects Thai exports to fall by 3.3% year-on-year in the first half of 2020 but is holding out hope for a second-half turnaround that would bring full-year results to 0-1% growth.