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BANGKOK (NNT) - CIMB Thai has indicated it expects the Thai economy to grow by 3.2% this year. It acknowledges that Thai businesses will face a number of challenges next year, such as high inflation, rising interests, and a depreciated baht. Mr. Amonthep Chawla, assistant managing director of CIMB Thai Bank, revealed CIMB Thai predicts the US and EU economies may enter recession next year. The recessions will not be severe and will not trigger a global recession. CIMB Thai expects the global economy to expand by 2.9% this year and 1.5% next year. Mr. Amonthep, who is also head of the research office at CIMB Thai, said minor recessions of the US and EU economies present various challenges for the Thai economy. Growth of exports may hit negative territory because of diminished purchasing power in the US and EU. This would become especially apparent in the categories of automotive and parts, as well as computers and parts. Weakening purchasing power in the farm sector, grassroots sector, and from SMEs would result in diminished household purchasing power being prolonged. The Bank of Thailand is therefore expected to take the policy rate to at least 2% by mid-2023. Meanwhile, the US is expected to raise its policy rate to at least 5% by mid-2023. The significant difference between the US and Thai interests would prompt money flow toward the US dollar and suppress the baht’s value until mid-2023. Mr. Amonthep noted that CIMB Thai expects a continual recovery in Thailand’s tourism sector. 10 million foreign tourists are expected to have arrived in Thailand by end-2022. This would increase to 20 million foreign arrivals in 2023. Supported by tourism, economic activities in Thailand are expected to continue expanding. CIMB Thai’s research office expects Thailand’s GDP to grow by 3.2% this year and 3.4% next year. However, it suggests small businesses hold on to spare liquidity in the face of slow growth in the world economy and an abundance of risks. It also suggests SMEs use technology to reduce costs, expand their online markets, and partner up with larger businesses. It also advises that members of the general public consider reducing unnecessary expenses with interests being on the upward leg. Source: https://thainews.prd.go.th/en/news/detail/TCATG221025131125789 -- © Copyright NNT 2022-10-25 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

A person browses an online football betting site. Illustration photo by Shutterstock Three prison wardens in the northern Hai Duong Province have been arrested for allegedly organizing online football gambling with transactions totaling over VND17 billion ($684,000). The arrested are Vu Tri Tuyen, Pham Minh Tien and Nguyen Dinh Tuan, provincial prosecutors said. It is believed that in July, Tuyen got acquainted with a man who manages gambling accounts on a soccer gambling website. Tuyen was given seven such accounts. Full Story: https://e.vnexpress.net/news/news/prison-wardens-arrested-for-soccer-gambling-4527378.html -- © Copyright VN Express 2022-10-25

Fire engulfs a taxi in Binh Thanh District, HCMC, on October 25, 2022. Photo by VnExpress/Minh Tu Fire engulfed a taxi on a street in HCMC's Binh Thanh District early Tuesday, but fortunately the driver and a lone passenger had enough time to escape. The vehicle was en route to Thu Duc City and at the intersection of Phan Van Tri and Pham Van Dong streets at around 5 a.m. when driver Nguyen Huu Thai noticed smoke coming from the hood. He stopped the car immediately and fled along with the passenger. Full Story: https://e.vnexpress.net/news/news/taxi-catches-fire-on-hcmc-street-front-portion-burned-down-4527650.html -- © Copyright VN Express 2022-10-25

A 6th grader of Nguyen Du Secondary School in HCMC studies online at home, September 2022. Photo by VnExpress The Ho Chi Minh City Department of Education and Training has mandated that all educational institutions must have counselors to help students cope with psychological issues. They should be hired from the next school year since more and more students are encountering psychological problems, either due to academic pressure or the impacts of the Covid pandemic, it said. They need help to cope with these issues and prevent "unfortunate incidents," it said. Full Story: https://e.vnexpress.net/news/news/counselors-made-mandatory-for-hcmc-educational-institutions-4527610.html -- © Copyright VN Express 2022-10-25

As the tides reached 1.7 meters on Tuesday, coupled with heavy rainfall, many places in Thu Duc City, Districts 7 and Binh Thanh were inundated, impeding daily life. Heavy rains Monday night and high tides Tuesday morning flooded a neighborhood on Pham Van Dong Street in Thu Duc City. Parents bring their kids to school while wading through flooded streets. Full Story: https://e.vnexpress.net/photo/news/hcmc-neighborhoods-flooded-by-years-highest-tides-4527696.html -- © Copyright VN Express 2022-10-25

Dogs are captured in Hanoi in 2018. Photo by VnExpress/Tat Dinh A 50-year-old man in Hanoi died of rabies two months after slaughtering two dogs for their meat. The man in Me Linh District developed a headache, fever, muscle pain, breathing difficulties and fear of water, wind, and light on Oct. 16, Hanoi Health Department announced Tuesday. Two days later, his family took him to the district's general hospital where he tested positive for influenza B virus. During treatment, he was easily triggered and blabbed often. Full Story: https://e.vnexpress.net/news/news/hanoi-man-dies-of-rabies-after-slaughtering-dogs-4527718.html -- © Copyright VN Express 2022-10-25

A member of security looks at the plane of Korean Air flight KE631 with its belly lying on the runway at the airport in Cebu City, central Philippines on October 24, 2022, after it overshot the runway late October 23 while landing in bad weather. A Korean Air plane slid off the runway in central Philippines, causing slight injuries and shutting down the country's second busiest airport, authorities said on October 24. AFP / Alan Tangcawan MANILA, Philippines — Flights to and from Mactan-Cebu International Airport have resumed as of 8:00 a.m. Tuesday, the Department of Transportation announced. In a text message to reporters, the DOTr said the latest update from the airport was that the runway is now open from 5 a.m. to 5 p.m. to accommodate flights. This came after a plane of Korean Air overshot the runway of the Mactan-Cebu International Airport late Sunday night, causing the rerouting of some flights and the cancellation of several others the following morning. Full Story: https://www.philstar.com/headlines/2022/10/25/2219188/mactan-cebu-airport-flights-resume-after-korea-air-plane-prompts-temporary-closure -- © Copyright Philstar 2022-10-25

The Baloi-Aurora 138kV Transmission Line was tripped at 4:50 p.m. on Monday following the bombing of the line’s Tower No. 8 in Sitio San Isidro, Brgy. Bagombayan, Kauswagan in Lanao del Norte. Facebook / National Grid Corporation of the Philippines MANILA, Philippines — The National Grid Corporation of the Philippines said it is investigating the bombing of an electricity tower on Monday that caused power interruptions in parts of Mindanao. Authorities confirmed that unnamed individuals used improvised explosive devices to cause the bombing. The Baloi-Aurora 138kV Transmission Line was tripped at 4:50 p.m. on Monday following the bombing of the line’s Tower No. 8 in Sitio San Isidro, Brgy. Bagombayan, Kauswagan in Lanao del Norte. Full Story: https://www.philstar.com/nation/2022/10/25/2219227/ngcp-investigates-tower-bombing-caused-power-interruptions-mindanao -- © Copyright Philstar 2022-10-25

Activists raise placards during a demonstration commemorating the 50th anniversary of the imposition of martial law at the Commission on Human Rights grounds in Quezon City, suburban Manila on September 21, 2022. Philippine human rights activists called on President Ferdinand Marcos Jr to recognise the abuses carried out during his dictator father's brutal rule, as they commemorated on September 21 the 50th anniversary of the start of martial law. AFP / Ted Aljibe MANILA, Philippines — Responding to photos of school material going viral online, the Department of Education denied Tuesday that its modules were revising the history of the Martial Law regime of the late former president Ferdinand Marcos Sr. In a statement, Vice President Sara Duterte, concurrently education secretary hit back against claims of historical revisionism, saying they "lack context and can be distorted according to the narrative of those who criticize DepEd and spread lies about rebranding and historical revisionism." This comes after a social media post from a student in Marinduque shows a DepEd-issued module showing the term "New Society" to refer to the historical period from 1972 to 1980 instead of Martial Law. Duterte in her statement Tuesday argued that the post focused on only one line. Full Story: https://www.philstar.com/headlines/2022/10/25/2219199/deped-no-historical-revisionism-modules -- © Copyright Philstar 2022-10-25

File photo shows tourists wearing masks by the beach STAR / File MANILA, Philippines — Even as the threat of more contagious and vaccine-evasive variants of the coronavirus hangs over the country, the Philippines is on track to loosen travel restrictions further by dropping testing and vaccination requirements. Tourism Secretary Maria Cristina Frasco announced Tuesday that “stringent protocols” including RT-PCR testing prior to arrival in the Philippines and the requirement for foreigners traveling to the country to be fully vaccinated will be scrapped. Frasco said unvaccinated foreign travelers will be allowed entry into the country as long as they present an antigen test taken 24 hours before arrival into the country or take an antigen test upon arrival. Full Story: https://www.philstar.com/headlines/2022/10/25/2219216/philippines-set-loosen-travel-restrictions-boost-tourism -- © Copyright Philstar 2022-10-25

A woman walks past a mural depicting frontline health workers wearing masks, along a street in Manila on November 10, 2021. AFP / Ted Aljibe MANILA, Philippines — The Department of Health on Tuesday reminded the public that using more layers of protection — like vaccination and wearing face masks — will help protect them against COVID-19 as the government is set to loosen masking rules further. Tourism Secretary Christina Frasco said earlier Tuesday at a Palace briefing that President Ferdinand "Bongbong" Marcos Jr. will soon issue an order making wearing face masks indoors voluntary. Mask will still be required in public transportation and in medical settings, she also said. "While the DOH has illustrated all potential scenarios to the [Inter-Agency Task Force on the for the Management of Emerging Infectious Diseases] during discussions concerning masking mandates, the IATF is a collegial body that takes into consideration the concerns of all sectors," the department, which chairs the task force, said in a statement to media. Full Story: https://www.philstar.com/headlines/2022/10/25/2219239/overruled-doh-reminds-public-face-masks-help-protect-vs-covid-19 -- © Copyright Philstar 2022-10-25

6 officials in Songkhla face arrest for allegedly seeking bribes for suspect’s release Warrants have been issued, by Songkhla Provincial Court, for the arrests of Rattaphum district’s assistant chief and five defence volunteers, for allegedly demanding bribes from the relatives of a drug suspect being held in custody. Full Story: https://aseannow.com/topic/1275786-6-officials-in-songkhla-face-arrest-for-allegedly-seeking-bribes-for-suspect’s-release/

Warrants have been issued, by Songkhla Provincial Court, for the arrests of Rattaphum district’s assistant chief and five defence volunteers, for allegedly demanding bribes from the relatives of a drug suspect being held in custody. An investigation into the conduct of the officials was launched by police in Songkhla, after the suspect claimed that they had demanded one million baht in cash, 200,000 methamphetamine tablets or 10kgs of crystal meth (Ice) from his relatives in exchange for his release. A source close to the investigation said that the investigators discovered the attempted extortion through analysis of the assistant district chief’s cell phone, which was used to negotiate with the suspect’s relatives. Full Story: https://www.thaipbsworld.com/6-officials-in-songkhla-face-arrest-for-allegedly-seeking-bribes-for-suspects-release/ -- © Copyright Thai PBS 2022-10-25 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

Rare species of flowering plant found in the jungles of Narathiwat province A group of researchers from the Department of Biology in the Faculty of Science at Chiang Mai University has found a rare species of flowering plant in the evergreen forest in Janae and Sukhirin districts of Thailand’s southern province of Narathiwat. Full Story: https://aseannow.com/topic/1275785-rare-species-of-flowering-plant-found-in-the-jungles-of-narathiwat-province/

A group of researchers from the Department of Biology in the Faculty of Science at Chiang Mai University has found a rare species of flowering plant in the evergreen forest in Janae and Sukhirin districts of Thailand’s southern province of Narathiwat. Led by Assistant Professor Dr. Tanawat Chaowasku, the small team of researchers, which included two PhD students, came across the plant of the Annonaceae family, scientific name Phaenthuspiyae Wiya, Aongyong & Chaowaskul, during their expedition. The name was in honour of Dr. Piya Chalermklin, a senior researcher who pioneered the study of plant species of the Annonaceae family in Thailand. Full Story: https://www.thaipbsworld.com/rare-species-of-flowering-plant-found-in-the-jungles-of-narathiwat-province/ -- © Copyright Thai PBS 2022-10-25 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

Man reportedly throws punches at a motorcycle taxi rider and gets stabbed in the chest PHOTO: TMN Cable TV Pattaya A 40-year-old Thai man was hospitalized after reportedly punching a motorcycle taxi rider in Pattaya and getting stabbed in the chest in retaliation. Full Story: https://aseannow.com/topic/1275712-man-reportedly-throws-punches-at-a-motorcycle-taxi-rider-and-gets-stabbed-in-the-chest/

PHOTO: TMN Cable TV Pattaya A 40-year-old Thai man was hospitalized after reportedly punching a motorcycle taxi rider in Pattaya and getting stabbed in the chest in retaliation. Sawang Boriboon rescue workers administered medical assistance to the stabbing victim, Mr. Weerawit Ratchatasakornphon, 40, after he got into a violent altercation involving road rage with an angry motorcycle taxi rider. The victim was found alone yesterday, October 23rd, at the Phothisan Market in the Naklua subdistrict of Banglamung. He suffered a stab wound to his right chest and waited for help in his white sedan. He was then transported to a nearby hospital for urgent medical care. Full Story: https://thepattayanews.com/2022/10/24/man-reportedly-throws-punches-at-pattaya-motorcycle-taxi-rider-and-gets-stabbed-in-the-chest-argument-was-over-driving-etiquette/ -- © Copyright The Pattaya News 2022-10-24 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

Six suspects wanted for the theft of police pistols and seized drugs arrested Police have arrested six suspects who allegedly robbed a local official and five defence volunteers of their service pistols, about 20,000 methamphetamine pills and a car in Rattaphum district of Songkhla Province last week. Full Story: https://aseannow.com/topic/1275711-six-suspects-wanted-for-the-theft-of-police-pistols-and-seized-drugs-arrested/

Police have arrested six suspects who allegedly robbed a local official and five defence volunteers of their service pistols, about 20,000 methamphetamine pills and a car in Rattaphum district of Songkhla Province last week. The suspects also tried, unsuccessfully, to free a group of drug suspects, who had previously been arrested. The daring attack took place on October 18th, when an assistant district chief officer and five volunteers led a group of drug suspects to a village in Kamphaeng Phet sub-district for searches for illicit drugs. Full Story: https://www.thaipbsworld.com/six-suspects-wanted-for-the-theft-of-police-pistols-and-seized-drugs-arrested/ -- © Copyright Thai PBS 2022-10-24 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

People look over a To Hieu Street section inundated by red water in HCMC, October 23, 2022. Photo by VnExpress/Dinh Van Several streets in HCMC's Tan Phu District were submerged in reddish, smelly water tinged with chemicals, affecting hundreds of families. Alleys along Phan Anh and To Hieu streets were in knee-deep red water on Sunday, following an hour-long rain. There were oily stains and white foams on the surface, along with smells of chemicals. The water even flowed into certain homes. Tran Thi Huong, 56, who has been living on Phan Anh Street for over 30 years, said it was the first time she saw such a phenomenon. Some people who waded in the water reported itchiness on their legs, forcing them to wear boots, she said. Full Story: https://e.vnexpress.net/news/news/mysterious-foul-smelling-red-water-plagues-hcmc-streets-4527152.html -- © Copyright VN Express 2022-10-24

A phone shows no mobile signal from provider MobiFone. Photo by VnExpress/Khuong Nha Many users of Vietnamese mobile carrier MobiFone in HCMC reported outage Monday morning, allegedly due to an unannounced system upgrade. Hoang Duong, a shipper in downtown District 1, said his phone could not receive mobile signal starting around 8:15 a.m. At first, he thought it was a problem with his device, so he tried to restart his phone several times to no avail. Several of his colleagues who use MobiFone reported the same issue. Despite not being able to call his customers, Duong could still use 4G, so he texted customers through an OTT app instead. Full Story: https://e.vnexpress.net/news/news/widespread-signal-loss-reported-among-mobifone-users-in-hcmc-4527262.html -- © Copyright VN Express 2022-10-24

Nguyen Van Truong, Lai Van Hai, Truong Van Yeu and Tran Thuy Lien. Photo courtesy of the police Four people in Hanoi were arrested for tricking a Chinese man to a motel and robbing him. Nguyen Van Truong, 27; Lai Van Hai and Truong Van Yeu, both 29; and Tran Thuy Lien, 32 are to be investigated for robbery. On Oct. 14, due to a lack of money, the group thought about robbing the Chinese man, who Truong works for as an interpreter. Full Story: https://e.vnexpress.net/news/news/chinese-man-tricked-to-motel-robbed-by-trusted-employee-4527180.html -- © Copyright VN Express 2022-10-24

A flight taking Vietnamese people back home from Europe during the Covid-19 pandemic, July 2020. Photo by the Ministry of Foreign Affairs Police are gathering records on the organization of Covid-19 repatriation flights, including operating carriers and quarantine hotels as investigation into the pandemic flight scandal continues. In a request sent to cities and provinces where returnees were isolated after flying home on the repatriation flights, the Investigation Police Agency under the Ministry of Public Security said it is seeking all documents related to applications to choose a hotel or resort as an isolation facility and decisions to approve such locations. Related to isolation procedures, the ministries request that cities and provinces provide all information of businesses that had registered to provide accommodation for isolation purposes as well as clearly state the reasons for which businesses were granted or not granted isolation licenses. Full Story: https://e.vnexpress.net/news/news/police-demand-lists-of-hotels-carriers-involved-in-covid-repatriation-flights-4527296.html -- © Copyright VN Express 2022-10-24

A parent (R) converses with an employee of the Da Nang Apax English center. Photo obtained by VnExpress An English center in Da Nang has been requested to return tuition fees worth VND731.7 million ($29,462) over claims that its educational quality failed to meet promises. Over 30 parents have filed the complaint about the Apax English – Apax Leaders center, Mai Tan Linh, deputy director of the Da Nang Department of Education and Training, said Friday. The department would verify information from both sides, he added. "If there are signs of legal violations, we will deal with that," Linh said. Full Story: https://e.vnexpress.net/news/news/parents-demand-29-462-refund-from-english-center-over-subpar-education-quality-4527324.html -- © Copyright VN Express 2022-10-24

Philippines President Ferdinand "Bongbong" Marcos Jr. addresses the 77th session of the United Nations General Assembly at UN headquarters in New York City on September 20, 2022. AFP / Angela Weiss MANILA, Philippines — The Philippines is reaffirming its commitment to the United Nations as it marks the 77th anniversary of the UN Charter's entry into force, with Manila promising to uphold its principles and further deepening ties with member nations to ensure global peace and security. "Throughout the years, the Philippines has been an active member and staunch advocate for the values and ideals of the United Nations," Foreign Affairs Secretary Enrique Manalo said in a statement on Monday. "We have always stood up for [the] sovereign equality of states, peaceful resolution of disputes, equal rights of women and men, inclusive social development, the rule of law, and justice for all." Full Story: https://www.philstar.com/headlines/2022/10/24/2218964/77-years-charter-philippines-says-committed-un-values-ideals -- © Copyright Philstar 2022-10-24