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    • Russia’s potential coronavirus vaccine shows ‘no serious adverse’ effects and creates antibody response

    Early results from trials of Russia’s potential coronavirus vaccine show no major negative side effects, a study published in the peer-reviewed medical journal The Lancet revealed Friday.

    Doctors involved in the trials conducted “two open, non-randomised phase 1/2 studies at two hospitals in Russia,” on 76 healthy volunteers aged 18 to 60, the Lancet article said. It added that the vaccine formulations tested were “safe and well tolerated.”

    “The two 42-day trials – including 38 healthy adults each – did not find any serious adverse effects among participants, and confirmed that the vaccine candidates elicit an antibody response,” the study’s authors wrote.

    It added: “Large, long-term trials including a placebo comparison, and further monitoring are needed to establish the long-term safety and effectiveness of the vaccine for preventing COVID-19 infection.”

    The Lancet is one of the world’s oldest medical journals, with editorial offices in New York, London and Beijing.

    ‘Sputnik V’
    The vaccine, dubbed “Sputnik V” in Russia, became the first in the world to be registered after it was approved by the country’s health regulators last month. Russian President Vladimir Putin said at the time that full-scale production was due to start in September.

    The news led to criticism from around the world amid questions over its safety and efficacy. At the time, the vaccine had undergone rapid Phase 1 and 2 clinical trials on a small number of people but no data from them had been published. The Lancet study marks the first time trial results have been published in a well-respected international publication.

    Kirill Dmitriev, the chief of Russian sovereign wealth fund RDIF which is backing the vaccine, hailed The Lancet’s report as validation of his country’s efforts in an interview with CNBC.

    “We had lots of interest in the Russian vaccine (with) publication in the Lancet, which is one of key Western magazines on medicine,” Dmitriev told CNBC’s Julianna Tatelbaum. “It is very important to share information with the world ... the results have been very good but basically the study showed there is very strong both antibodies and cell immune response.”

    He added that Russia was “on track” to provide exports of the vaccine by November, and aimed to release data from more robust Phase 3 human trials at the end of October.

    “Right now we have 40,000 clinical trials going on in Russia, we started it at the end of August, and there will also be clinical trials in the UAE, Saudi Arabia, Philippines and many other markets,” Dmitriev said. “So basically we’re on track to have registration not only available in Russia ... but also available to key other countries already around November.”

    First identified in China, the novel coronavirus, or Covid-19, has infected more than 26 million people and killed more than 865,000 worldwide, according to data compiled by Johns Hopkins University.: https://www.cnbc.com/2020/09/04/russ...ncet-says.html
    • Coronavirus Cases: 26,678,948

    Deaths: 876,587

    Underreported US death count: 191,750

    US conflicts and 911 Casualties………

    World War I - 116,516
    Vietnam War - 58,209
    Iraq War - 4,576
    War in Afghanistan - 2,216
    911 Casualties – 2,977

    Total US Casualties in the conflicts above and 911 Casualties: 184,494

    Originally posted by Boon Mee View Post
    it's been blown way out of proportion.

    Keep your friends close and your enemies closer

    Comment


      • Thailand - Moratorium borrowers need a break/30% of SMEs under the scheme are unable to make repayments

      Some 30% of borrowers entering the debt moratorium scheme are not expected to be able to service their debts at the same rate, says the Small and Medium Enterprise Development Bank of Thailand (SME D Bank).

      The bank has implemented measures to help borrowers reduce their financial burden in line with the Bank of Thailand's debt relief programme. These include deferring principal and interest payment for up to six months for every borrower who has a credit line of no more than 100 million baht and who doesn't have an overdue loan of more than 90 days as of Dec 31, 2019, said Nartnaree Rathapat, SME D Bank's president.

      There are 43,215 borrowers in this category, accounting for loans worth 66.5 billion baht.

      The debt relief programme will expire this October.

      Some 30% of customers entering the debt moratorium scheme have requested a break from debt repayment due to their inability to service their debt, Ms Nartnaree said.

      For the borrower segment that cannot service debt normally when the debt moratorium ends, the bank will offer debt relief conditions to provide some capital for continuing to operate such businesses, she said.

      But these borrowers will have to maintain their credit scores in order to be able to obtain additional loans in the future, Ms Nartnaree said.

      SME D Bank has organised several debt relief measures to accommodate borrowers such as suspension of principal payment, interest-only payment and halving interest payments.

      These measures will come into force once the debt moratorium programme ends in October.

      Ms Nartnaree said SME D Bank is concerned about its non-performing loans (NPLs). The bank has accelerated the process of examining the financial health of borrowers, particularly those who already owe 1-3 instalment payments.

      Overdue loans have been restructured through the bank's debt restructuring programme.

      The bank expects its NPLs to stand at 18-19% of total outstanding loans this year. The existing NPL ratio is 17%, down from 19% at year-end 2019.

      Debt relief measures and debt restructuring of distressed loans are the main factors taming a spike in NPLs, Ms Nartnaree said.

      The bank targets this year's loan growth at 40 billion baht. New loans disbursed on a year-to-date basis amount to 25 billion baht for 13,000 borrowers.

      SME D Bank has total outstanding loans of 99.7 billion baht.

      For the 3% interest loan scheme fixed at two years offered to individual and corporate borrowers, loan disbursement has reached 1 billion baht on a year-to-date basis, with 9 billion baht left for further disbursement.

      This loan scheme is mainly offered to businesses in tourism and hospitality.: https://www.bangkokpost.com/business...erbox#cxrecs_s - https://www.bangkokpost.com/business...ticle#cxrecs_s

      Originally posted by Somchai Boonporn View Post
      Perhaps a blessing in disguise for the Golden Land.

      Keep your friends close and your enemies closer

      Comment


        • Pfizer CEO says coronavirus vaccine data will roll in fast enough for results late October

        Amid the frenzied race for a COVID-19 vaccine, Pfizer may have early efficacy results in just a matter of weeks.

        During a digital event Thursday, Pfizer CEO Albert Bourla said the company has enrolled about 23,000 people for its phase 3 coronavirus vaccine trial so far. The company expects initial results in late October. If the results are positive, the company would be ready to ask the FDA to authorize vaccinations as soon as possible.

        In fact, the company is already preparing its application to submit quickly if the vaccine shows promise, he added. The FDA has set an advisory panel meeting for October 22 to discuss COVID-19 vaccine progress.

        In October, "the truth will be revealed," Bourla said in a Washington Post interview.

        Bourla's timeline would have been unthinkable at the beginning of the year, when the novel coronavirus started spreading and researchers got to work on the first vaccine candidates. Moderna entered the clinic in record time, while partners Pfizer and BioNTech started U.S. human testing in early May.

        At the start of the R&D process, experts predicted a vaccine could be available in 12 to 18 months if all went smoothly. Now, experts are still skeptical that a vaccine could be ready in late October.

        As the programs raced ahead, Americans grew wary about getting a shot developed and approved in short time. In a recent survey conducted by Stat and Harris Poll, more than 80% of people responded that they’d worry about safety for a hastily approved vaccine. Nearly 80% see politics driving the approval process rather than science.

        After controversial decisions by the FDA on hydroxychloroquine and convalescent plasma, some medical experts have raised concerns over politics entering science. One prominent physician, Dr. Eric Topol, this week called on FDA commissioner Stephen Hahn to "tell the truth or resign" after the plasma move. Trump and allies have said they're pushing for a vaccine by the end of the year or earlier, apparently seeking a political boost from COVID immunizations.

        Bourla's briefing comes right after news that the Centers for Disease Control and Prevention is prepping for possible vaccine deliveries by November 1. In a note to states last week, CDC director Robert Redfield asked them to consider waiving restrictions to ensure vaccine distribution sites could be up and running in a matter of months. All of this comes as the U.S. election is just two months away.

        Still, in speaking to CNN on Wednesday, NIH director Francis Collins said it remains "unlikely" a vaccine will be ready in late October. Fauci said the same on Thursday, but he said it's not impossible.

        Meanwhile, a group of biotech CEOs wrote this week that COVID data releases should only come through academic conferences or peer-reviewed journals, not press releases. It’s unclear how long that process—or a potential FDA review—would take under the circumstances.

        Aside from Pfizer, Moderna and AstraZeneca are also in phase 3 testing in the U.S. AstraZeneca CEO Pascal Soriot recently said the company won’t have efficacy data until the end of the year, and Moderna hasn’t said exactly when it expects early efficacy data. Behind those players, Sanofi and GSK just entered human testing with their promising program, with aims at producing 1 billion doses in 2021.

        As the vaccines move forward, the FDA is gearing up for the vaccine advisory committee meeting Oct. 22. No specific application will be reviewed, according to the agency, but the experts plan to discuss “in general, the development, authorization and/or licensure of vaccines to prevent COVID-19.”: https://www.fiercepharma.com/vaccine...te-october-ceo
        • Coronavirus Cases: 27,009,132

        Deaths: 882,423

        Underreported US death count: 192,776

        US conflicts and 911 Casualties………

        World War I - 116,516
        Vietnam War - 58,209
        Iraq War - 4,576
        War in Afghanistan - 2,216
        911 Casualties – 2,977

        Total US Casualties in the conflicts above and 911 Casualties: 184,494

        Originally posted by Boon Mee View Post
        it's been blown way out of proportion.
        Keep your friends close and your enemies closer

        Comment


          • Inexpensive Steroids Can Save Lives Of Seriously Ill COVID-19 Patients

          Three new studies strongly support using inexpensive and widely available drugs to treat people who are seriously ill with COVID-19. The drugs are steroids, and the research published Wednesday confirms they are proving to be the most effective treatment found to date.

          Initially, the use of these drugs in COVID-19 was controversial. Some doctors have long used steroids to treat conditions related to COVID-19, namely sepsis and acute respiratory distress syndrome.

          Steroids help tamp down the immune system's potentially deadly overreaction to an infection. But some doctors worried that steroids could also prevent the body from fighting off the coronavirus effectively.

          "Giving steroids to COVID-19 could have been quite scary," says Dr. Derek Angus, a critical care specialist at the University of Pittsburgh Medical Center.

          In June, a major study from the U.K. found that the steroid dexamethasone was a big help. It reduced deaths significantly among the most serious cases of COVID-19 — notably people who needed ventilators or supplemental oxygen.

          That advance was great news, but those findings created a conundrum for Angus and other researchers who were running their own studies of steroids in COVID-19 patients. It no longer felt appropriate to be giving some people steroids and others a placebo.

          "Essentially overnight, because these findings were so striking, there was this sense among clinicians participating in other clinical trials [that] ... we have to stop our trials."

          So those studies all ended prematurely. Researchers from three research groups have now published the findings they had gathered in the journal JAMA. One group is from France, one is from Brazil, and the third is an international team that includes the University of Pittsburgh's Angus.

          Taken together, the publication of these studies "represents an important step forward in the treatment of patients with COVID-19," Drs. Hallie Prescott and Todd Rice wrote in a JAMA editorial. The results not only provide further support for the use of dexamethasone, they also back the use of another widely used steroid, hydrocortisone.

          "I think it's good news to have a strong, clear signal on what is a widely available, inexpensive class of therapies," Angus says. He also contrasts these studies with a lot of other research on COVID-19. Many other studies, such as those involving much-hyped anti-malaria drugs, did not randomize their participants or include a comparison group. Such measures — randomized controlled trials — are the gold standard for medical research.

          "It is reassuring that we can get randomized trials executed successfully and rapidly in the face of a pandemic," Angus says, "and it definitely puts us on a surer footing."

          Based on these new results and related analysis, the World Health Organization on Wednesday updated its guidelines for steroids. It now recommends them for severely or critically ill COVID-19 patients, such as those on a ventilator, but not for patients with milder disease.: https://www.npr.org/sections/health-...id-19-patients -

          Deaths: 883,942

          Underreported US death count: 192,820

          US conflicts and 911 Casualties………

          World War I - 116,516
          Vietnam War - 58,209
          American Revolutionary War – 8,000
          Iraq War - 4,576
          War in Afghanistan - 2,216
          911 Casualties – 2,977

          Total US Casualties in the conflicts above and 911 Casualties: 192,494

          Originally posted by Boon Mee View Post
          it's been blown way out of proportion.
          Keep your friends close and your enemies closer

          Comment



          • Thailand has confirmed six new imported cases of the novel coronavirus, including three Thai men who were previously infected but had been certified virus-free before flying from Singapore.

            The Centre for Covid-19 Situation Administration (CCSA) said on Sunday the three men -- aged 43, 53 and 56 -- tested postitive for the virus after arriving on Friday.

            An official at the CCSA call centre said they had contracted the virus in Singapore, but then made a full recovery. They applied for and received certificates of good health from the Thai embassy before boarding the flight, as required for every person flying into Thailand.



            i’ve seen some discussion about these tests giving false positives in people who are recovering from Covid. The test may be detecting dead virus that has been killed by the immune system but is still in the body.
            Thailand has confirmed six new imported cases of the novel coronavirus, including three Thai men who were previously infected but had been certified virus-free before flying from Singapore.
            I visited TC a few times as a guest but had to stop. It is a sickening place. - Aging One

            Comment


            • Originally posted by S Landreth View Post

              World War I - 116,516
              Vietnam War - 58,209
              American Revolutionary War – 8,000
              Iraq War - 4,576
              War in Afghanistan - 2,216
              911 Casualties – 2,977

              Total US Casualties in the conflicts above and 911 Casualties: 192,494
              The total number of military and civilian casualties in World War I was about 40 million: estimates range from around 15 to 22 million deaths[1] and about 23 million wounded military personnel, ranking it among the deadliest conflicts in human history.
              116,516 dead seppos

              Vietnam war casualties
              Total deaths: 1,353,000
              58,290 dead seppos

              Iraq war casualties
              109,032 deaths including 66,081 civilian deaths.
              3,836 dead seppos.

              Afghanistan War Casualties
              Est. 200,000~
              2,216 dead seppos

              Dont get sick of me just yet, for I will be here for quite a while

              Comment


              • Pandemic is threatening a decade of progress in child mortality rates



                Within a mere eight months, COVID-19 has damaged years of global progress in children's health and other areas by disrupting essential health services in many countries.

                Why it matters: These disrupted services will result in a myriad of near- and long-term health problems. The global health organization PATH points to a projected increase in deaths in children under the age of 5 that could erase up to a decade of progress, according to preliminary findings shared first with Axios.

                The big picture: Decades of global progress in education, electricity access, and gender equality have been lost due to the pandemic.
                • And, those most vulnerable — including children and people inlow-income countries — will likely continue bearing the brunt of those costs.

                What's happening: The interruption of antenatal care, facility births and immunizations caused by the pandemic now threatens recent advances made in child and maternal deaths, says Heather Ignatius, director of the U.S. and global advocacy team for the nonprofit PATH.
                "The estimates we are looking at indicate that in the first year of the pandemic, we'll lose 2.3 million children just from the disruption to services due to COVID alone — the entire population of Houston. It's really significant. And, that's on top of the 5.3 million kids we're already losing every year from preventable causes."
                — Heather Ignatius

                Background: Before the coronavirus hit, the world was admittedly not on track to meet most of the UN's Sustainable Development Goals (SDGs), but it had made progress in improving child and maternal heath.
                • In May, researchers published a study in The Lancet projecting best and worst scenarios from COVID-19, but warning that maternal and under-5 child deaths were likely to grow from the disease as well as from disruption of health systems and decreased access to food.
                • In July, the UN announced that COVID-19 had "reversed decades of progress."

                The latest: 90% of the 105 responding nations in a recent WHO pulse survey said they experienced at least some disruption to their essential health services. The most frequently disrupted services were:
                • Routine immunization, via outreach services like mobile labs (70%) and through facility-based services (61%).
                • Noncommunicable disease diagnosis and treatment (69%).
                • Family planning and contraception (68%).
                • Treatment for mental health disorders (61%).
                • Antenatal care (56%).
                • Cancer diagnosis and treatment (55%).

                What they're saying: When it comes to impact on vulnerable populations like children, Ignatius says WHO's results are "pretty devastating."
                • With the disruptions to vaccination programs, "we're very concerned that we'll see a surge in diseases like polio, measles [and] hepatitis B" over the years to come, Ignatius said.
                • Disruptions to malaria diagnosis and treatment and malnutrition programs for children are very worrisome, she adds.
                • WHO's findings echo PATH's research and data from ministries of health already reporting increases in maternal death rates and stillbirths in Uganda, Kenya and Nepal, she says.
                • "If these estimates are right, we're looking at 20,000 kids a day dying due to preventable causes — that's a humanitarian crisis that no one's hearing about."

                Of note: Ignatius points out there are lags in reporting for actual child mortality figures, so it may be some time — possibly even years — before the actual impact is ascertained.

                What to watch: Ignatius hopes U.S. policymakers pass key global health funding and adds that her biggest concern is that once the situation is controlled in the U.S., people will move on.
                • Coronavirus Cases: 27,250,261

                Deaths: 886,574

                Underreported US death count: 193,122

                US conflicts and 911 Casualties………

                World War I - 116,516
                Vietnam War - 58,209
                American Revolutionary War – 8,000
                Iraq War - 4,576
                War in Afghanistan - 2,216
                911 Casualties – 2,977

                Total US Casualties in the conflicts above and 911 Casualties: 192,494

                Originally posted by Boon Mee View Post
                it's been blown way out of proportion.

                Keep your friends close and your enemies closer

                Comment


                  • Thailand - Border hospitals stretched/Myanmar virus spike hits medical supplies

                  State-run hospitals in Tak have appealed for donations of medical supplies for protection against Covid-19, saying their stocks are all but exhausted after the first wave of the outbreak and they are now having to treat patients from Myanmar which is now being battered by the pandemic.

                  The hospitals need N95 masks, surgical masks and personal protective equipment.

                  The request for donations was made public by Nattagarn Chuenchom, a physician at Mae Sot Hospital.

                  In her Facebook post, Dr Nattagarn described the hardship and financial burdens faced by state-run hospitals in the Thai-Myanmar border area.

                  Other supplies which the border hospitals need include waterproof medical gowns, surgical gloves, face shields and sanitisers, according to the doctor.

                  The hospitals also welcome cash, which along with the supplies, can be donated directly to Mae Sot Hospital, Tha Song Yang Hospital, Mae Ramat Hospital, Phop Phra Hospital, Umphang Hospital, Dr Nattagarn said.

                  "Now our stocks are running low from the first round of outbreak containment. Our budget is also drying up. We have almost nothing left now," she wrote.

                  The doctor admitted she could not be sure if her hospital will be able to cope as efficiently as it had previously.

                  "We're serving as a frontline defence against transmission of disease. But we need to make sure that we won't create a humanitarian crisis at the same time," she said.

                  Sometimes, Myanmar patients were rushed to the hospital in critical condition from the other side of the border. The hospital cannot turn them away, she said.

                  And while racing against time to save a patient's life, medical workers need to try their best to maintain strict Covid-19 prevention measures to ensure their humanitarian work will not cause the virus to spread into the country, she said.

                  Recently, in the middle of the night, security authorities detained 10 illegal migrants, two of whom had a high fever and were sent to the hospital for Covid-19 screening, she said.

                  In Mae Sot alone there are about 300,000 Thais and 300,000 Myanmar nationals in the border areas, she said.

                  "The hospital workload here in this border area is two to three times heavier than anywhere else," she said.

                  The border line from northernmost Tha Song Yang district to southernmost Umphang district stretches more than 600 kilometres, which makes it impossible for security forces to patrol the border around the clock, she said.

                  Also Sunday, combined forces of police, military and local leaders set up surveillance units to monitor commonly-used border passages in Sai Yok and Thong Pha Phum and Sangkhla Buri districts of the western province of Kanchanaburi bordering Myanmar.

                  In Kamphaeng Phet, governor Chaowalit Saenguthai said the province is stepping up surveillance of migrant workers who might try to sneak into the country following the easing of lockdown measures. Some are eager to work but want to avoid 14-day quarantine so try to sneak across rather than going through formal channels. The governor stressed that local officials, community leaders and health volunteers would have to be the first line of defence in keeping the province safe.

                  Meanwhile, social media pictures of Myanmar migrants visiting tourist attractions in Khao Kho district sparked fears among residents that they could spread Covid-19, prompting a senior district official to quell their concerns.

                  The message, "Today, we take 12 truckloads of Myanmar nationals for a tour of Khao Kho" and pictures of the migrants on pickup trucks were posted to social media by the "Thongchai Khao Kho tour service".

                  On seeing the post, local people expressed fears authorities were not taking adequate measures to prevent the virus spreading.

                  They said some of the migrants were seen not wearing face masks.: https://www.bangkokpost.com/thailand...tals-stretched

                  Originally posted by Somchai Boonporn View Post
                  Perhaps a blessing in disguise for the Golden Land.
                  Keep your friends close and your enemies closer

                  Comment


                    • Study Suggests COVID-19 Antibodies Last at Least 4 Months

                    Experts said the study provides hope that immunity to the coronavirus might not be fleeting.

                    NEW RESEARCH SUGGESTS that antibodies against the coronavirus could remain stable for at least four months after a diagnosis, contradicting concerns that the body's immune response might wane quickly.

                    The study, which was published Tuesday in The New England Journal of Medicine, involved more than 30,000 people in Iceland and found that antibody levels rose for about two months after infection and then plateaued through the four month mark.

                    Researchers reported that antibody levels were higher in older and hospitalized patients and that nearly a third of people who had been infected reported no symptoms. They also found that measuring antibodies in the blood is more effective than using infection testing like nose swabs to find the virus.

                    The study does not address whether the antibody levels were adequate to prevent reinfection, which has been reported in extremely rare cases.

                    Many have questioned how strong the immune response is to the virus and how long it lasts. Previous research had suggested that antibodies could fade quickly and that those who did not develop symptoms might not make many.

                    But the study "provides hope that host immunity to this unpredictable and highly contagious virus may not be fleeting and may be similar to that elicited by most other viral infections," experts from Harvard University and the U.S. National Institutes of Health who did not participate in the study wrote in a commentary published alongside the research.

                    While future research should focus on less homogenous populations, the experts said the data means that antibody testing could be effective for population-level surveillance, "which is critical to the safe reopening of cities and schools, and as biomarkers and possible effectors of immunity – useful tools that we can deploy now, while we scan the horizon (and the pages of medical journals) for the wave of vaccines that will end the pandemic of Covid-19.": https://www.usnews.com/news/health-n...4-months-study
                    • Coronavirus Cases: 27,438,479

                    Deaths: 895,440

                    Underreported US death count: 193,421

                    US conflicts and 911 Casualties………

                    World War I - 116,516
                    Vietnam War - 58,209
                    American Revolutionary War – 8,000
                    Iraq War - 4,576
                    War in Afghanistan - 2,216
                    911 Casualties – 2,977

                    Total US Casualties in the conflicts above and 911 Casualties: 192,494

                    Originally posted by Boon Mee View Post
                    it's been blown way out of proportion.
                    Keep your friends close and your enemies closer

                    Comment


                    • Thailand - Host of borrowers struggling from Covid-19 fallout apply for second debt-relief scheme

                      The Bank of Thailand (BOT) said some 85 per cent of retail debtors struggling in the fallout of Covid-19 have applied for the second-phase of debt relief, while Kasikornbank projects 60 to 70 per cent of debtors will be able to start repaying their debts once the subsidy wraps up.

                      Ronadol Numnonda, BOT deputy governor, said many businesses have been hit hard by the Covid-19 outbreak, especially tourism-related services such as hotels, airlines and car-rent companies, which are unlikely to rebuild any time soon as the arrival of 40 million tourists is a thing of the past.

                      He said that there is an oversupply in tourism-related industries, adding that the government and private sector need to find solutions to support and remodel these businesses and restructure their debts.

                      Financial institutions, namely commercial banks as well as specialised and non-banking financial institutions, have implemented several rescue packages for their debtors.

                      As of the end of July, up to Bt7.2 trillion has been spent on providing financial relief to 12.52 million borrowers. Of this, Bt4.25 trillion was provided by commercial banks and non-banking entities to ease the burden for 6.12 million borrowers.

                      Financial relief includes debt moratorium, debt restructuring, interest rate cuts, refinancing and new soft loans.

                      State-run banks, meanwhile, provided support to 6.41 million borrowers holding debts worth a total of Bt2.94 trillion.

                      As of July 15, more corporate clients applied for financial relief, up about 0.15 per cent from the previous period, while 0.7 per cent fewer small businesses sought help.

                      Support worth Bt1.63 trillion was provided to 5.74 million retail debtors, marking a slight drop from applicants in the first phase.

                      Now that banks and non-banking institutions are also offering financial support in the second phase, 85 per cent of old debtors and 15 per cent of new ones have applied for help.

                      Most of the retail debtors who received support in the first phase and were able to start servicing their debt again were engaged in hire-purchase schemes, he said.

                      Surat Leelataviwat, vice executive president at Kasikornbank, said the bank has helped 98,000 corporate clients whose loans are worth Bt600 billion. The second phase of financial support will run until the end of October, and Kasikornbank estimates that 60 to 70 per cent of these borrowers will resume their debt repayment.

                      However, borrowers in the hotel and tour businesses will continue to need help as the industry has yet to return to normal.

                      Kasikornbank has provided debt relief to 600,000 retail borrowers whose debt totals Bt190 billion. It expects some 70 per cent of them to be able to resume payments.

                      Pikul Srimahan, senior vice president at Siam Commercial Bank, said the bank has provided support worth Bt800 billion, or 39 per cent of its total loans. This support includes debt moratorium, debt rescheduling and soft loans with 2 per cent per annum interest rate.

                      Kitiya Srisanit, chief of Krungsri Bank’s Krungsri Auto Group, said many businesses are gradually recovering from the Covid-19 fallout, adding that the bank has restructured or suspended the debts of 650,000 borrowers.

                      Meanwhile, 4.2 million consumer loan account holders participated in the first-phase of the debt-relief scheme and as of July 1, 10,000 applied for additional support.

                      Separately, Krung Thai Bank has provided support to 200,000 clients so far, and believes another 2,500 corporate clients with a combined debt worth Bt150 billion may seek financial relief in the second phase.: https://www.nationthailand.com/busin...ernal_referral

                      Originally posted by Somchai Boonporn View Post
                      Perhaps a blessing in disguise for the Golden Land.


                      Keep your friends close and your enemies closer

                      Comment


                        • Thailand - Pattaya's new condo supply sags

                        New condo supply launched in Pattaya dipped 95% in the first half because of the glut of unsold units last year and a drop in foreign demand during the pandemic.

                        Phattarachai Taweewong, associate director at property consultant Colliers International Thailand, said a large number of newly launched condos totalling more than 15,500 units last year made developers freeze new launches this year.

                        "Condo demand in Pattaya slowed after the virus hit globally, as Pattaya's property market heavily relies on foreign buyers, particularly Chinese," he said.

                        Colliers reported that 480 units from just two projects were launched in the first half, compared with 4,953 units in the same period last year.

                        Sales rate of the new launch was 66%, a slight increase from the second half last year, but the amount of unsold inventory in the market remained high at more than 20,000 units.

                        The number is accumulated from newly launched units in 2018-19, which soared to 10,239 and 15,545 units, respectively, up from 2,192 in 2017 and 2,103 in 2016.

                        Jomtien and Na Jomtien saw the biggest pool of unsold inventory, as there was fierce competition from several new projects in the past few years with more than 1,500 units per project.

                        Mr Phattarachai said there were more than 10 projects that halted sales activity and project development after recording a sales rate of 10-20%, compared with 60% in the usual period. Most were in Jomtien.

                        Three projects that had a low sales rate revised down selling prices by 10-20% to attract buyers, while some were either changed to hotel development or offered land for sale, he said.

                        Wong Amat was the location with the lowest unsold condo supply of around 600 units as of the first half this year, due to limited vacant land for condo development.

                        Central Pattaya came in second, as it was a popular location among local and foreign tourists. Buyers in this location preferred buying as an investment or own living.

                        "The most popular projects with a good sales rate in the first half were those offering guaranteed rental returns, as most Pattaya condo buyers bought a unit as a vacation home," he said.

                        Rental return rates offered in the market ranged from 5% for three years to 6% for five years or 7% for three years.

                        Average selling price for beachfront projects was 180,000 baht per square metre in Wong Amat. Other locations had an average selling price of 160,000 baht per sq m for beachfront units.

                        The lowest average selling price was in Jomtien, which saw an influx of supply in the middle to lower-end segment. Unit prices started at 50,000 baht per sq m.

                        The average sales price at all locations dropped 10-20% in the first half as many projects, particularly those with construction completed and ready-to-transfer units, offered discounts.

                        "Progress in infrastructure investment and Eastern Economic Corridor initiatives can help Pattaya's condo market recover," Mr Phattarachai said.

                        The government's megaprojects included a contract signing of section one of the Map Ta Phut industrial port development phase three, a high-speed train linking three international airports in Bangkok and Chon Buri, and an aerial metropolis and U-tapao airport development worth 290 billion baht.: https://www.bangkokpost.com/business...do-supply-sags

                        Originally posted by Somchai Boonporn View Post
                        Perhaps a blessing in disguise for the Golden Land.
                        Keep your friends close and your enemies closer

                        Comment


                        • Thailand - Exports plunge over 11% this July

                          Thailand’s exports in July this year dropped 11.37 per cent year on year to US$18.82 billion, while imports plunged 26.38 per cent year on year to $15.48 billion, the Thai National Shippers' Council chairperson Ghanyapad Tantipipatpong said.

                          Exports in the first seven months of this year dipped 7.72 per cent year on year to $133.16 billion, while imports contracted 14.69 per cent year on year to $119.118 billion.The council has maintained its export forecast of minus 10 per cent this year on the assumption that the baht’s exchange rate will remain at around Bt31.5 per US dollar.: https://www.nationthailand.com/busin...ernal_referral

                          Originally posted by Somchai Boonporn View Post
                          Perhaps a blessing in disguise for the Golden Land.


                          Keep your friends close and your enemies closer

                          Comment


                            • Covid-19 May Cause Prolonged Gut Infection, Scientists Say

                            Covid-19 patients have active and prolonged gut viral infection, even in the absence of gastrointestinal symptoms, scientists found.

                            The coronavirus may continue to infect and replicate in the digestive tract after clearing in the airways, researchers at the Chinese University of Hong Kong said in a statement Monday. The findings, published in the medical journal GUT, have implications for identifying and treating cases, they said.

                            SARS-CoV-2 spreads mainly through respiratory droplets -- spatters of virus-laden discharge from the mouth and nose, according to the World Health Organization. Since the first weeks of the pandemic, however, scientists have said infectious virus in the stool of patients may also play a role in transmission.

                            A February study of 73 patients hospitalized with the coronavirus in China’s Guangdong province found more than half tested positive for the virus in their stool.

                            “We used to think of SARS-CoV-2 as just a pulmonary or respiratory disease,” said Siew Chien Ng, assistant dean of medicine and associate director of the university’s Centre for Gut Microbiota Research, in an interview Tuesday. “But over the last couple months, a lot of evidence has emerged that SARS-CoV-2 also affects the intestinal tract.”

                            Ng and colleagues scientists studied stool samples from 15 patients to better understand the virus’s activity in the gastrointestinal tract. They found active gut infection in seven of them, some of whom had no nausea, diarrhea or other digestive symptoms. Patients’ stool continued to test positive about a week after their respiratory samples were negative, Ng said. One patient was still positive after 30 days, she said.

                            Ng and colleagues plan to conduct further tests to demonstrate virus particles from stool are capable of causing disease after finding surrogate biomarkers that indicate they are infectious.

                            It’s not yet known how SARS-CoV-2 makes its way to the gastrointestinal tract to cause an infection there, according to Ng. It’s possible some infectious particles survive the stomach’s acidic environment.

                            Treatments that modulate the gut microbiome should be explored, Ng said. The gut bacteria of patients with a gastrointestinal coronavirus infection showed a loss of protective microbes and a proliferation of disease-causing ones. The effects were worsened in the Covid-19 cases treated with antibiotics, she said.

                            The Chinese University has offered free screening stool tests to travelers arriving at the airport since late March, and identified six infected children among more than 2,000 samples tested. From Monday, up to 2,000 Covid-19 tests will be done daily as part of targeted detection of asymptomatic people.

                            More than one patient tested positive even though their respiratory samples were negative, said Francis K.L. Chan, the university’s dean of medicine and director of the Centre for Gut Microbiota Research.

                            “Stool test is accurate and safe, making it suitable and more effective for Covid-19 screening for specific groups of people,” Chan said in the statement. Some regulators including the U.S. Food and Drug Administration have reached out about stool tests.: https://www.bloomberg.com/news/artic...on-study-finds
                            • Coronavirus Cases: 27,656,352

                            Deaths: 899,409

                            Underreported US death count: 193,803

                            US conflicts and 911 Casualties………

                            World War I - 116,516
                            Vietnam War - 58,209
                            American Revolutionary War – 8,000
                            Iraq War - 4,576
                            War in Afghanistan - 2,216
                            911 Casualties – 2,977

                            Total US Casualties in the conflicts above and 911 Casualties: 192,494

                            Originally posted by Boon Mee View Post
                            it's been blown way out of proportion.
                            Keep your friends close and your enemies closer

                            Comment


                            • The total number of military and civilian casualties in World War I was about 40 million: estimates range from around 15 to 22 million deaths[1] and about 23 million wounded military personnel, ranking it among the deadliest conflicts in human history.
                              116,516 dead seppos

                              Vietnam war casualties
                              Total deaths: 1,353,000
                              58,290 dead seppos

                              Iraq war casualties
                              109,032 deaths including 66,081 civilian deaths.
                              3,836 dead seppos.

                              Afghanistan War Casualties
                              Est. 200,000~
                              2,216 dead seppos
                              Dont get sick of me just yet, for I will be here for quite a while

                              Comment


                              • ^Thanks for helping me turn the page
                                Keep your friends close and your enemies closer

                                Comment

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