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    1. 10

      Thailand Live Friday 11 October 2024

      93-Year-Old Woman Crawls into Sakae Krang River & is Missing While Daughter Sleeps A 93-year-old woman with dementia has gone missing after crawling into the Sakae Krang River while her daughter, who had briefly fallen asleep, was unaware. Full story :https://aseannow.com/topic/1340386-93-year-old-woman-crawls-into-sakae-krang-river-is-missing-while-daughter-sleeps/
      Georgealbert in Thailand Live
    2. 173

      Why do retirees marry in Thailand ?

      The most important question is NOT WHY do they marry....but... WHO do they marry. Who they marry is also the PROBLEM.....and not just the QUESTION.
      GammaGlobulin in ASEAN NOW Community Pub
    3. 73

      Foreign Tour Operators Flood Phuket, Taking Jobs from Locals

      Every country has laws that people agree or disagree on. I don't think it is an unusual law for students on study visas to be banned from working or opening/operating a business. The reason for their visa is study, not work. There are work visas and business visas for those purposes. Not sure why you may think that is a stupid law. If categories of visas are stupid, then just let everyone in for whatever purpose they desire? You are apparently not well informed on university degrees and their usefulness. The Chinese girl who I mentioned, was in a program for a degree in Thai language. So, you'd esteem a degree in Thai language from any run of the mill European university over a Thai university just because of your perception of Thai education? There are a number of programs in Thailand that are very decent even on an international level. I even know of at least one program at a mid tier Thai university that is completely run by foreigners, from the Dean and Department Head to every professor, most of whom are members of a well respected (throughout the world and top level universities) international organization pertaining to their program. You need to look at specific programs if you care about an education in any specific field, which any meaningful employer would know. But if you only care about a piece of paper that says you finished uni, then I suppose your generalization would hold ok. I wouldn't say excellent programs is the norm for their international programs, but using such a broad brush to dismiss Thai university degrees altogether is about as informed and rational as the rest of your comment.
      Sig in Phuket News
    4. 2

      Afghan Man charged with Election day terror plot

      Being the sole replier to one's own topic -- kinda like Norman Bates having a conversation with 'Mother'.
      jerrymahoney in Political Soapbox
    5. 1

      Double-Ten Retailer Promotions: 10-10 is a Chinese Holiday. So, why is this big DEAL here?

      I did get a few good deals, yesterday. So happy I went shopping, yesterday, in fact. Did you?
      GammaGlobulin in ASEAN NOW Community Pub
    6. 1

      Donald Trump’s New Tax Promise: Eliminating Income Taxes for Americans Abroad

      Kamala will announce this as her policy too next week
      mdr224 in World News
    7. 0

      93-Year-Old Woman Crawls into Sakae Krang River & is Missing While Daughter Sleeps

      A 93-year-old woman with dementia has gone missing after crawling into the Sakae Krang River while her daughter, who had briefly fallen asleep, was unaware. Search efforts are ongoing, but strong currents have hindered recovery attempts. At 16:00 on October 10, Uthai Thani Governor Teerapat Katchamat, along with Provincial Police Chief Pol. Maj. Gen. Narongdej Saksomboon, local authorities, and rescue teams, arrived at a residence in Ban Nam Tok, Sakae Krang subdistrict, Uthai Thani, where the incident occurred. Ms. Pao (surname withheld), 63, the missing woman’s daughter, reported that her mother, Ms. Chanaporn (surname withheld), had gone missing at around 12:30. CCTV footage captured the elderly woman crawling out of the house shortly after Ms. Pao had fallen asleep. Ms. Pao explained that her mother had been suffering from severe memory loss and, in the past, had expressed a desire to die. “She often said she didn’t want to live anymore,” Ms. Pao shared. She added that despite her mother’s inability to walk, she would crawl if she wanted to go somewhere. Ms. Pao admitted that she had fallen asleep for about 10 minutes, and when she woke, she found her mother missing and feared that she had crawled into the river, which is just 10 metres from their home. Rescue divers from the Uthai Thani Provincial Administration Organisation and the Uthai Thani Rescue Foundation have been searching the river but have so far been unable to locate the elderly woman. Authorities have also searched around the home in case Ms. Chanaporn had crawled elsewhere, but CCTV footage showed only her exit from the house. Due to the camera’s limited range, it is unclear if she reached the river, though authorities believe she likely did. Neighbours confirmed that despite her inability to walk, Ms. Chanaporn was able to crawl quickly and likely made her way into the river. The Sakae Krang River is currently experiencing high water levels and strong currents, leading the search teams to believe that her body may wash some way downstream. File picture for reference only. -- 2024-10-11
      Georgealbert in Central Thailand News
    8. 25

      Pattaya Police Raid Poker Gambling Ring, Arrest 9 Foreign Players

      Thailand could be Paradise, if there just would be no gambling 😏
      NatureFilm in Pattaya News
    9. 1

      Thai Police Bust Multi-Million Baht Sex Toy Smuggling Ring

      Big Dongs don't play.
      fondue zoo in Thailand News
    10. 25

      Pattaya Police Raid Poker Gambling Ring, Arrest 9 Foreign Players

      They are bang to rights for having 37 decks of cards! Thailand has a unique law regulating playing cards. This law, known as the Playing Cards Act, was enacted in 1943. Its primary purpose is to control the production, distribution, and possession of playing cards within the country. Key points of the Playing Cards Act: Quantity Restriction: A person is generally allowed to possess no more than 120 playing cards. This limit is intended to prevent illegal gambling activities. Official Stamp: All playing cards sold in Thailand must bear an official stamp from the Excise Department. This stamp indicates that the cards have been approved for sale and taxation. Production and Import: The production and import of playing cards are strictly regulated. Only authorized entities can produce or import playing cards. Uno players would not fall under this law, and the bridge club members were not arrested for playing bridge, but for having too many playing cards.
      bigt3116 in Pattaya News
    11. 2

      Former Aussie cop’s epic run across Thailand for tsunami victims

      Got a link for donations, sound like a worthy cause. Good luck mate 🙏
      SAFETY FIRST in Thailand News
    12. 7

      Thailand triumphs in UN Human Rights council bid

      Speechless! Imprisoning opponents, jailing peaceful protesters, deporting activists, the defamation low, letting high so culprits escape abroad. It's all in line with human rights.
      Rinato in Thailand News
    13. 1

      Donald Trump’s New Tax Promise: Eliminating Income Taxes for Americans Abroad

      In the final stretch of his 2024 presidential campaign, Donald Trump has made a bold new promise to eliminate US income taxes for Americans living abroad. This latest proposal joins a growing list of plans aimed at cutting personal tax bills. Trump has also floated the idea of exempting tipped wages, overtime pay, and Social Security benefits from taxation, all part of his broader strategy to lessen the tax burden on Americans. In a statement aimed at American expatriates, Trump declared, "I support ENDING the Double Taxation of overseas Americans!" He added, "Let’s put America First, together. Register to Vote, and vote Republican." Currently, US citizens, no matter where they reside in the world, must file tax information with the Internal Revenue Service (IRS). Some expatriates are required to pay US taxes in addition to the levies they pay in the country where they live. Trump's plan could simplify these obligations for the approximately 9 million Americans the State Department estimates live abroad. The tax system, as it stands, does not mean all expats owe money to the IRS. The tax code provides credits to offset federal taxes owed, and individuals earning less than $126,500 are not required to pay any US taxes. However, advocates for changing the taxation of Americans abroad point out that these IRS rules contribute to a trend where a few thousand people renounce their US citizenship annually. It is typically higher-earning expatriates who face the most significant tax bills under current rules. If implemented, Trump’s plan could potentially allow wealthier Americans to relocate to low-tax countries and avoid paying US taxes altogether. The Wall Street Journal was the first to report Trump’s proposal. While the plan would reduce paperwork and likely lower tax bills for Americans abroad, it would require approval from Congress. If successful, it could mark a significant shift in how the US handles expatriate taxation. This pledge to eliminate taxes for Americans living overseas is just one piece of Trump’s broader tax-cutting agenda. Throughout his campaign, he has championed efforts to reduce household and corporate tax burdens. Trump has promised to push for a renewal of the 2017 tax overhaul, much of which is set to expire at the end of next year. These sweeping tax proposals, if implemented, could amount to more than $10 trillion over a decade, according to estimates from the Committee for a Responsible Federal Budget. While Trump’s plan offers relief for Americans abroad, it contrasts with his approach to US-based businesses. He has called for lowering the corporate tax rate to 15 percent from the current 21 percent, but only for companies that manufacture inside the US. Companies that operate overseas, on the other hand, could face higher tax rates and tariffs if they attempt to sell their products to American consumers. Widespread tariffs are a core component of Trump’s economic strategy. Last month, he threatened to impose steep import duties on Deere & Co., a major US farm machinery manufacturer, if the company moved its manufacturing operations to Mexico. As the 2024 election approaches, Trump’s tax-cutting promises continue to grow, appealing to various groups, from expatriates to domestic manufacturers. Whether these proposals will come to fruition, however, depends on the outcome of the election and the willingness of Congress to support such sweeping changes to the US tax system. Based on a report from Business Standard 2024-10-11
      Social Media in World News
    14. 2

      Former Aussie cop’s epic run across Thailand for tsunami victims

      I wish you the very best Peter and hope you raise much more than your goal.
      tandor in Thailand News
    15. 25

      Pattaya Police Raid Poker Gambling Ring, Arrest 9 Foreign Players

      Does this mean I have to store away my Bingo game? I still need to win back 50 bht I lost from my sister!
      IndomitableSpirit in Pattaya News

Banks Offer Help For Clients Affected By Politcal Violence

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webfact Grand Master Member

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Posted

Banks offer help for clients affected by politcal violence

By THE NATION

More banks are offering remedial measures for clients affected by the political turmoil, as both state and private agencies move to help people recover in the aftermath of the protracted protest and its associated violence.

Krung Thai Bank (KTB) will extend repayment periods and delay principal repayments and has set up a Bt5-billion fund to be used as circulating capital.

KTB president Apisak Tantivorawong said the bank was concerned about customers who were adversely affected by the protest. A preliminary survey has revealed that nearly 300 of the bank's customers have been adversely affected to the tune of more than Bt30 billion. Most of them are hotels and wholesale and retail businesses.

He said every related department in the bank had been instructed to closely monitor clients' welfare; to take good care of them and ensure that they were fully helped.

KTB has specified three measures to relieve the burden on its customers so they will recover as quickly as possible.

It will extend repayment periods. Customers will repay less principal in accordance with their solvency or current cash flow. Customers may be exempted from repaying principal for six-months, or they may be allowed to make only partial interest payments and the remainder of their debt suspended for six to 12 months.

Moreover, KTB has set aside more than Bt5 billion to be used as circulating capital so that seriously affected businesses can keep operating.

Entrepreneurs can sum up their losses and contact the bank's credit officers or call (02) 208 8015.

Kasikornbank will help small- and medium-sized enterprises (SMEs) affected by the protest by extending the period of promissory notes by three months without using documents.

The bank is also considering remedial measures for clients in the tourism sector who were affected by the unrest, including extension of repayments on loans and promissory notes.

For large-scale clients with good liquidity, KBank will consider reducing instalments of interest. As well, the bank is considering measures to help the customers of customers, include suppliers.

LOWER LOAN PAYMENTS

KBank is also offering to help its housing-loan clients by reducing loan instalments to as little as 40 per cent of normal monthly payments. It will allow clients to pay only interest payments for up to one year, and later gradually step up the payments.

For its credit-card customers, KBank will adjust minimum loan payments to 5 per cent of the outstanding sum instead of 10 per cent, and will reduce the annual interest rate to 10 per cent from 20 per cent.

For cash-loan clients, the bank will reduce minimum loan payments from 5 per cent down to 2 per cent and will reduce interest rates by half.

It will also offer loans of up to Bt2 million per customer and allow them to pay interest only for the first 12 months.

Kbank's measures begin today and will last until November 30 this year.

Bangkok Commercial Asset Management (BAM) will suspend interest and principal repayments, as well as cutting interest rates, for its customers who remain in areas that were badly hit by the turmoil, such as Klong Toei, Lumpini, Silom, Makkasan, Rama IV and Victory Monument.

"We have about 2,000 customers in locations that faced negative impacts from the political turmoil. Our customers can contact us and we'll find the best solution for them," BAM's chairwoman Swanjit Jaiwat said.

She said the company had also cut its interest rate by 0.25 per cent - from 5.75 per cent to 5.50 per cent - for all of its customers. It was hoped this would help them by cutting their costs at a time when the economy faced a hard period from the political problems. The interest-rate cut will apply from now until the end of this year.

Meanwhile, the company is offering a special discount of 15 per cent on the price of all of its assets for sale to customers who have faced negative impacts from the political problems and need a home in which to live. This offer will run until July 31 this year.

On Monday many other banks introduced a variety of remedial measures to help their clients affected by the riots.

nationlogo.jpg

-- The Nation 2010-05-26

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