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More than 13,000 victims are estimated to have suffered losses of several billion baht as a result of the latest alleged Ponzi scheme, under the name Forex 3D, supposedly engaged in forex trading. The alleged Ponzi scheme is currently under police investigation and some of the suspected masterminds are in custody, including some celebrities from the entertainment industry. Why do so many people fall prey to such Ponzi schemes without learning the lessons from previous cases? One hypothesis is that people search for higher yields due to low bank deposit rates and low return on investment from the domestic stock market. Many people are unable to make ends meet, so they become vulnerable to financial cheating through pyramid schemes. Thailand has experienced a long period of slower economic growth since the country experienced a financial crisis in 1997. The crisis has been followed by low investment, low economic growth, an aging society and political instability. Given such bleak economic conditions, many people are seeking high returns on their savings and taking excessive risks. Full story: https://www.thaipbsworld.com/lure-of-high-yields-lax-regulators-behind-ponzi-scams/ -- © Copyright Thai PBS 2022-09-27 - 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!

NATIONAL NEWS from Surf 102.5 FM - Tuesday September 27 2022 Listen to the news: https://aseannow.com/topic/1273003-national-news-from-surf-1025-fm-tuesday-september-27-2022/

Listen to the news: A team of doctors and researchers at Chulalongkorn university have developed a nasal spray to help prevent the spread of Covid-19. The spray is designed to prevent infection through minute holes on the nose. The spray known as ‘Covi-trap’ will be available at pharmacies and other outlets from next month. Former Myanmar model Han Lay detained last week at Suvarnabhumi airport has been granted refugee status in Canada after making her application through the UNHCR. She is due to leave Thailand today for Korea then onto Toronto. The former chief of Kaeng Krachan National Park, and three other defendants pleaded not guilty in the case of the disappearance and murder in 2014 of a Karen rights campaigner known as Billy charges included premeditated murder, intimidation, unlawful detention and concealing a corpse. Their trial is due to begin on 26th December. Parliamentary speaker of the house Chuan Leekpie said the rules governing campaigns for election are unclear and that the election commission should clarify regulations announced last week, The general election is set for 7th May next year. Bangkok Governor Chatchart Sittipunt said the amount of rain in the capital this month is double that of 30 years ago, he indicated this may be a result of global warming. Region: Korea: 7 people have died in a fire at the basement of a shopping mall south of the capital. Fire officials and police were investigating tan eyewitness report that the fire may have been caused by an explosion of an electric vehicle that was being charged in the basement. A Japanese diplomat based in Vladivostok has been detained by Russian authorities and accused espionage, Rissias FSB security service said the diplomat was detained while receiving classified information, in exchange for money. Typhoon Noru is currently slamming into Da Nang and is due to make its way into eastern Thailand tomorrow and Thursday bringing torrential rain, Chiang Mai: Cloudy with rain 31C Bangkok: Cloudy thunderstorms 31C Pattaya and SE: Cloudy with rain 29C. Phuket: Bright, Cloudy with showers 29C. Hua Hin: light Cloudy with showers this afternoon, 30 C Credits: Bangkok Post, The Nation, Asean Now, Khaosod English, Hua Hin Today, Royal Coast Review, Kulsawek Sawekwannakorn, Thainewsroom.com, The Pattaya News, Phuket News, Channel News Asia, South China Morning Post, The Straits Times. The Irrawaddy. Windy.com. Wunderground.com. Listen Live: Surf 102.5 Facebook: Surf 102.5 -- © Copyright SURF 102.5 FM 2022-09-27 - 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!

World Sports News - Tuesday 27 September by Chili Radio Listen to the news: https://aseannow.com/topic/1272998-world-sports-news-tuesday-27-september-by-chili-radio/

Listen to the news: Football - In last night's Nations League action there were good wins for Italy who beat Hungary, Georgia, Bulgaria, Estonia, Romania and Finland. England and Germany played out an entertaining 3-3 draw. Surfing - Former Australian surfing star Chris Davidson has died after being punched outside a pub north of Sydney.The 45-year-old was hit in the face and fell, striking his head on the pavement, police said. He was treated at the scene but died in hospital a short time later.A 42 year old man has been arrested and charged with assault causing death. Cycling - Dutch cyclist Mathieu van der Poel has pleaded guilty to assaulting two teenage girls in Sydney, Australia, the night before the men's World Championship road race. He was charged with two counts of common assault and fined 1,500 Australian dollars after a confrontation with the girls, aged 13 and 14. His lawyer said he will appeal against the conviction but has been allowed to leave Australia after being handed back his passport. Van der Poel, 27, alleged the teenagers "continuously" knocked on his hotel room door on Saturday night. Download the Chili Radio app : https://chiliradio.app for Chili Pop and Chili Classics. -- © Copyright Chili RADIO 2022-09-27 Chili Radio: https://chiliradiothailand.com Listen Live: https://chiliradio.asia - 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!

Phuket vegetarian festival officially begins By Goongnang Suksawat Phuket – The Phuket Vegetarian festival has officially begun in which the Thai Public Health Minister joined in a ceremony to launch the event. Full story: https://aseannow.com/topic/1272996-phuket-vegetarian-festival-officially-begins/

By Goongnang Suksawat Phuket – The Phuket Vegetarian festival has officially begun in which the Thai Public Health Minister joined in a ceremony to launch the event. Sunday, (September 25th), the Public Health Minister Anutin Charnvirakul joined in the ceremony at Jui Tui Shirne where the ‘Go Teng’ Pole was raised. The Go Teng pole is the sign of the beginning of the vegetarian festival. Many Thai and Chinese locals and tourists took part in the festival. Full story: https://thephuketexpress.com/2022/09/26/phuket-vegetarian-festival-officially-begins/ -- © Copyright The Phuket Express 2022-09-27 - 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!

Thai exports expanded by 7.5% in August and 11% for the first 8 months of 2022 By Erich Parpart Exports expanded by 7.5% in August, representing 18 months of consecutive expansion, the commerce ministry said. Full story: https://aseannow.com/topic/1272995-thai-exports-expanded-by-75-in-august-and-11-for-the-first-8-months-of-2022/

By Erich Parpart Exports expanded by 7.5% in August, representing 18 months of consecutive expansion, the commerce ministry said. “We will definitely surpass our target of 4% for this year,” said Commerce Minister Jurin Laksanawisit. Thailand’s exports expanded by 7.5% year-on-year to US$23.63 billion in August, in line with the market expectation of 7.3-7.7%. For the first 8 months of 2022, exports expanded by 11% year-on-year, reaching $196.45 billion. Full story: https://www.thaienquirer.com/44634/thai-exports-expanded-by-7-5-in-august-and-11-for-the-first-8-months-of-2022/ -- © Copyright Thai Enquirer 2022-09-27 - 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!

Committee meets to address issues of human and elephant conflicts in Hua Hin By Online Reporter An encounter between an elephant and a motorist in Hua Hin. File photo A committee of wildlife and conservation experts have held a meeting aimed at addressing what officials say is a growing problem of human and elephant conflicts in Hua Hin. Full story: https://aseannow.com/topic/1272993-committee-meets-to-address-issues-of-human-and-elephant-conflicts-in-hua-hin/

An encounter between an elephant and a motorist in Hua Hin. File photo By Online Reporter A committee of wildlife and conservation experts have held a meeting aimed at addressing what officials say is a growing problem of human and elephant conflicts in Hua Hin. The meeting was held last week at the Kaeng Krachan Forest Elephant Conservation Information Center in Pa La-U. There are now approximately 250 elephants living in the Kaeng Krachan National Park, officials said. The issue of elephants encroaching into farmland, damaging crops and property and attacking villagers, resulting in fatalities, particularly in the Huai Sat Yai area of Hua Hin has intensified in recent months. Full story: https://www.huahintoday.com/local-news/committee-meets-to-address-issues-of-human-and-elephant-conflicts-in-hua-hin/ -- © Copyright Hua Hin Today 2022-09-27 - 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!

UPDATE: Chadchart: Rain Has Doubled Over 30 Years With Super Typhoon Moving In TNR Staff BANGKOK Governor Chadchart Sittipunt said at a meeting today (Sept. 26) that the amount of rain Bangkok received so far this month without Super Typhoon Noru having arrived is very high, being double the amount that fell in the same period 30 years ago, Matichon newspaper said. Full story: https://thainewsroom.com/2022/09/26/chadchart-rain-has-doubled-over-30-years-with-super-typhoon-moving-in/

New Banksy exhibition coming to Bangkok – without his consent By Online Reporter Banksy and controversy go hand in hand but a new exhibition due to be held in Bangkok is controversial for reasons you might not expect For anyone visiting Bangkok between October and the end of the year, a new exhibition showcases the work of Banksy, regarded by many as the world’s greatest graffiti artist. Full story: https://aseannow.com/topic/1272992-new-banksy-exhibition-coming-to-bangkok-–-without-his-consent/

By Online Reporter Banksy and controversy go hand in hand but a new exhibition due to be held in Bangkok is controversial for reasons you might not expect For anyone visiting Bangkok between October and the end of the year, a new exhibition showcases the work of Banksy, regarded by many as the world’s greatest graffiti artist. The Art of Banksy: Without Limits will be held at MOCA Bangkok from October 26 to December 31 and will feature more than 150 certified originals by the artist. Banksy’s work is synonymous with being anti authoritarian, disruptive, satirical and thought provoking in its nature. Very little is known about Banksy himself, as he refuses to be interviewed and carefully maintains his anonymity. Full story: https://www.huahintoday.com/thailand-news/new-banksy-exhibition-coming-to-bangkok-without-his-consent/ -- © Copyright Hua Hin Today 2022-09-27 - 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!

Two Thai suspects arrested at Chiang Mai Railway Station for reportedly carrying thousands of methamphetamine pills in luggage By Nop Meechukhun Chiang Mai – Two Thai nationals were arrested at Chiang Mai Railway Station on Monday, September 26th, after reportedly carrying a total of 200,000 methamphetamine tablets in their luggage while departing for the central region. Full story: https://aseannow.com/topic/1272991-two-thai-suspects-arrested-at-chiang-mai-railway-station-for-reportedly-carrying-thousands-of-methamphetamine-pills-in-luggage/

By Nop Meechukhun Chiang Mai – Two Thai nationals were arrested at Chiang Mai Railway Station on Monday, September 26th, after reportedly carrying a total of 200,000 methamphetamine tablets in their luggage while departing for the central region. Peerapong, 31, and Sangthian, 26, from Ayutthaya, were caught while they were about to get on a train, heading to Bangkok, with suspicious behaviors. Chiang Mai police, who was previously notified about possible smuggling at the train station from anonymous concerned citizens, took both of them to the Sila At Railway Police Station for an examination. Full story: https://thepattayanews.com/2022/09/26/two-thai-suspects-arrested-at-chiang-mai-railway-station-for-reportedly-carrying-thousands-of-methamphetamine-pills-in-luggage/ -- © Copyright The Pattaya News 2022-09-27 - 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!

Petchabun Provincial Head Faces Election Ban Over Latest Prawit Billboard By Thai Newsroom Reporters THE HEAD OF A PROVINCIAL administration endorsed by caretaker Prime Minister-cum-Palang Pracharath party leader Prawit Wongsuwan in his planned contest for MP might probably be banned from running due to the way in which he has advertised himself. Full story: https://aseannow.com/topic/1272990-petchabun-provincial-head-faces-election-ban-over-latest-prawit-billboard/

By Thai Newsroom Reporters THE HEAD OF A PROVINCIAL administration endorsed by caretaker Prime Minister-cum-Palang Pracharath party leader Prawit Wongsuwan in his planned contest for MP might probably be banned from running due to the way in which he has advertised himself. Former election commissioner Somchai Srisutthiyakorn posted on his Facebook page to allege that the Palang Pracharath contestant in question, namely Akhradet Thongjaisod, who currently performs as head of Petchaboon provincial administrative organisation, may have evidently broken the law by having a portrait of himself displayed on an advertising signboard which is evidently larger than legally allowed for use by any electoral candidates for the time being. The gigantic roadside sign spotted in Petchaboon’s Constituency 3 where the caretaker Premier-cum-Palang Pracharath leader officially visited yesterday features Akradet’s enlarged picture underneath that of Deputy Finance Minister-cum-Palang Pracharath secretary-general Santi Prompat on one side of the billboard whilst that of Prawit’s is ostensibly displayed on the other side. Full story: https://thainewsroom.com/2022/09/26/petchaboon-provincial-head-faces-election-ban-over-latest-prawit-billboard/ -- © Copyright THAI NEWSROOM 2022-09-27 - 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!

3 Laotian Women Die As Van Slams Into Truck In Rayong TNR Staff A VAN carrying 14 Laotians rammed into a 10-wheel truck that had stopped at a red light in Klaeng district of Rayong province at 3 a.m. Monday morning (Jan. 26) killing three women from the neighbouring country, Sanook.com said. Full story: https://aseannow.com/topic/1272989-3-laotian-women-die-as-van-slams-into-truck-in-rayong/

TNR Staff A VAN carrying 14 Laotians rammed into a 10-wheel truck that had stopped at a red light in Klaeng district of Rayong province at 3 a.m. Monday morning (Jan. 26) killing three women from the neighbouring country, Sanook.com said. A police team from Klaeng station together with Buddhist volunteers and Sawang Phon Charity Foundation rescuers rushed to the scene of the accident as the van had caught fire and some passengers were trapped within. At the inbound side of Highway No. 344 they found the Bangkok-registered van parked at the rear of the 10-wheel truck, registered in Prachuap Khiri Khan, with the front smashed. Full story: https://thainewsroom.com/2022/09/26/3-laotian-women-die-as-van-slams-into-truck-in-rayong/ -- © Copyright THAI NEWSROOM 2022-09-27 - 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!

Choppy waters for the economy as central bank tries to cling to its benign interest rate policy by Joseph O' Connor On Monday, speaking at a forum in Bangkok, Governor Sethaput Suthiwartnarueput of the Bank of Thailand highlighted the kingdom’s sky-high household debt level which he told his audience stood at 88% of GDP at the end of June or approximately ฿15 trillion. The bank had been planning two further rate hikes of 25 basis points this year, one on Wednesday and the other at the end of November but the pressure is mounting for a heftier rate rise to prop up the falling baht as the gap between interest rates in the United States and Thailand has widened substantially in the last few months. Full story: https://aseannow.com/topic/1272988-choppy-waters-for-the-economy-as-central-bank-tries-to-cling-to-its-benign-interest-rate-policy/

On Monday, speaking at a forum in Bangkok, Governor Sethaput Suthiwartnarueput of the Bank of Thailand highlighted the kingdom’s sky-high household debt level which he told his audience stood at 88% of GDP at the end of June or approximately ฿15 trillion. The bank had been planning two further rate hikes of 25 basis points this year, one on Wednesday and the other at the end of November but the pressure is mounting for a heftier rate rise to prop up the falling baht as the gap between interest rates in the United States and Thailand has widened substantially in the last few months. by Joseph O' Connor All eyes will be on the Bank of Thailand’s Monetary Policy Committee meeting on Wednesday when it will be under pressure to go beyond a 25 basis points rise in the borrowing rate which currently stands at 0.75%. Inflation of 7.86% in August and the plummeting baht will make a strong case for a heftier rise but the impact of higher borrowing costs on ฿15 trillion in household debt recorded at the end of June gives us some idea of how this may impact what Bank of Thailand Governor Sethaput Suthiwartnarueput has described as a fragile and uneven economic recovery with the country trying desperately to move beyond the disaster inflicted on the economy in 2020. Pressure is building on the Bank of Thailand as it seeks to maintain its benign interest rate policy as the baht tumbled again on Monday with US interest rates at between 3% and 3.25% and Thailand’s at 0.75%. This comes as Thailand reported a $4.2 billion trade deficit in August and with the country’s vast foreign exchange reserves falling by 5.4% from mid-August up to last Friday. On Monday, days ahead of the Monetary Policy Committee of the central bank, Governor Sethaput Suthiwartnarueput told a forum that he was concerned about the kingdom’s massive ฿15 trillion in household debt which he described as a structural impediment to GDP growth. As the baht tumbled again on Monday, at one point, hitting ฿37.90 against the dollar before falling back to ฿37.82, it had fallen by as much as 17.59% since the 13th of February when it was quoted at ฿32.16 to the greenback. Full story: https://www.thaiexaminer.com/thai-news-foreigners/2022/09/26/choppy-waters-for-the-economy-as-baht-falls/ -- © Copyright Thai Examiner 2022-09-27 - 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!

Health Ministry to Stop Reporting Daily COVID Cases on Oct 1 BANGKOK, (TNA) – The Public Health Ministry will stop its daily reports on new COVID-19 cases and fatalities related to the disease on Oct 1 when COVID-19 will be defined as a communicable disease under surveillance instead of a dangerous communicable. disease. Full story: https://aseannow.com/topic/1272987-health-ministry-to-stop-reporting-daily-covid-cases-on-oct-1/

BANGKOK, (TNA) – The Public Health Ministry will stop its daily reports on new COVID-19 cases and fatalities related to the disease on Oct 1 when COVID-19 will be defined as a communicable disease under surveillance instead of a dangerous communicable. disease. The ministry revealed its plan to end the daily COVID-19 figure reports as it announced measures to handle the disease after an end to the state of emergency imposed to cope with the pandemic and the dissolution of the Center for COVID-19 Situation Administration on Oct. 1. Public Health Minister Anutin Charnvirakul ordered provincial communicable committees to work out action plans to handle COVID-19 as a communicable disease under surveillance. He said that his ministry would relax disease control measures to facilitate tourism like other countries did. Full story: https://tna.mcot.net/english-news-1025477 -- © Copyright Thai News Agency 2022-09-27 - 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!

to continue: Thailand Live Tuesday 27 September 2022 https://aseannow.com/topic/1272986-thailand-live-tuesday-27-september-2022/