Money expert debt management

Seven months since Donald Trump was inaugurated as leader of the most powerful country, we are still left wondering how it happened. A little over three weeks ago, Democrats were once again forced to witness a gut-wrenching defeat in what was called the most important special election in history in which Democrats’ Jon Ossoff lost to GOP’s Karen Handel. Two massive defeats raise questions about Democrats viability and just how long can GOP maintain their dominance. However, let’s just talk about the financial aspect of the elections. Money is a huge part of politics and democracy. After all, political candidates need to get their faces and ideas out there, and candidates with more money are thought to have more chance of winning. Three elections I’d like to highlight here might have proved otherwise. The US presidential election is arguably the richest race in the world, attracting billions of dollars in donations from corporations and average Joes. Hillary Clinton raised over ... » Learn More about Is money still relevant in politics?

Thailand’s household debt, already among the highest in emerging Asia, is expected to rise further as Covid-19 curbs incomes, weighing on consumer spending and heightening financial-stability risks. Household debt stood at 13.8 trillion baht, or 87% of gross domestic product, at the end of September 2020, up from 79% a year earlier, according to Bank of Thailand data. Debt levels will be one of the risks the BoT considers in its policy decision on Wednesday after its latest meeting minutes cited household finances as a factor that warrants attention. Even before the pandemic, “we were already concerned about the household debt level in Thailand, as it inhibits private consumption spending and long-term potential growth,” said Charnon Boonnuch, an economist at Nomura Holdings Inc in Singapore. The new outbreak, a worsening labour market and risks of another recession “will result in an even faster increase in household debt-to-GDP this year, weighing further on the already weak ... » Learn More about Thailand’s Household Debt Among the Highest in Emerging Asia

Pattaya- The Saudi Arabian man has since fled the hospital he was at while recovering from his injuries and is allegedly in hiding with Pattaya Police searching for him. The Saudi Arabian man had been attacked by two Thai men who claimed to a crowd of witnesses that they were high ranking police in Pattaya early yesterday morning. Read more about the previous story HERE. https://thepattayanews.com/2020/03/03/saudi-arabian-man-assaulted-by-group-of-thai-men-in-pattaya-who-claimed-to-witnesses-to-be-police/ Deputy Police Spokesman Colonel Kritsana Pattanajaroen told The Pattaya News, “On Sunday, March 1st, Mr. Teerasak Kawinram, 40, has filed a report to the Pattaya City Police that in July of last year Mr. Alshiha rented a motorbike from him.” “In September he did not return the motorbike per their agreement.” “On Monday, March 2, Mr. Teerasak and Mr. Alshiha agreed to go to the Pattaya City Police Station in which Mr. Alshiha agreed to pay for the motorbike that he did ... » Learn More about Saudi Arabian man involved in Pattaya brawl flees hospital as suspects meet with police and show evidence of debt owed to them

With many have lost their jobs over the past year due to the pandemic, some Thais have been earning an income by posting sexually explicit photos and videos of themselves on the social media platform OnlyFans, despite pornography being illegal in Thailand. To view the content, “fans” pay for a monthly subscription. OnlyFans takes a 20% cut and the rest goes to the content creator. Apparently, people can make a lot of money. For one man in Thailand, who spoke to the Bangkok Post, he decided to post adult content on OnlyFans to help pay off his 700,000 baht. In a month, he earned 30,000 baht from subscriptions. Concerned about the potential legal repercussions, he decided to stop posting the X-rated content and started a juice business. But the business didn’t do as well as he hoped and he started posting again on OnlyFans. “From October onward, I earned around 200,000 baht a month just by posting nude photos… If I can keep my account at the top of the national rankings, I think I ... » Learn More about Some Thais post X-rated content on OnlyFans to earn money during the pandemic

Virology expert Dr Yong Poovorawan , has told a Public Health Ministry briefing to explain why Thailand chose AstraZeneca’s covid-19 vaccine.  Dr Yong is chief of the Centre of Excellence in Clinical Virology at Chulalongkorn University, appeared at a Public Health Ministry briefing in a bid to reassure the public after widespread concern over Thailand’s Covid-19 vaccine procurement . “It is impossible for [every country] to get vaccines immediately even when they have enough money,” Dr Yong explained. “The global population is more than 7 billion. Just 50 per cent of population would need 8 billion vaccines since each person has to take two doses. So it will be impossible to vaccinate everybody within this year.” How long before vaccine is approved – and will it be safe? Vaccines usually take a long time to develop in animal and clinical (human) trials, which first need approval from the Food and Drug Administration (FDA), said Yong. Clinical trials have three steps: ... » Learn More about Expert Reveals Why Thailand Chose the AstraZeneca Covid-19 Vaccine

Data is the basis on which companies of all sizes evaluate their performance and make crucial decisions. Only then can they expect to expand their commercial operations in the market and grow. It needs to be relevant, precise, complete, meaningful, and useable. Otherwise, it is of no value to the companies. This is why they should formulate and implement a comprehensive data management strategy. It refers to the collection, organization, storage, security, and retrieval of data in their computer systems. Database management system strategies generally involve the following functions: Supervising plans, policies and programs which aim at maintaining the quality of actionable data, Simplify the procedures to ensure timely access of data to the employees who need it, Ensure the processing of available actionable data results in a streamlined existing business process, and Making sure adequate measures are in place to prevent unauthorized access to valuable data. The ... » Learn More about Boost Your Business Database Management Systems Performance

Covid-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline bookings are on the rise in some regions, driving cautious hopes of a revival in summer traffic, but also raising fears among tourist destinations of getting hit with bills should vacationers become stranded by the virus. More than a dozen countries from Aruba to Thailand require Covid-19 coverage for visitors, with Jordan the latest to consider such protections, organisers of an emergency services plan told Reuters. The market for all types of Covid-19 travel coverage is estimated to be between $30 billion (S$40 billion) to $40 billion a year, according to travel insurance consultant Robyn Ingle, with companies like AXA and AIG underwriting protection. But a surge in demand for Covid-19 coverage also means insurers could be on the hook for big ... » Learn More about Covid-19 travel insurance becoming a vacation staple

In every crisis there is opportunity, as the old adage goes, even for unscrupulous people. This especially applies to the coronavirus pandemic, which has opened opportunities for hackers to prey on distracted peoples and organizations in many countries. In fact, the World Health Organization has urged people to be vigilant about this as early as April, as cyberattacks have increased fivefold. Last year, Deloitte’s Cyber Intelligence Centre reported a spike in phishing attacks, malspams and ransomware assaults after their perpetrators took advantage of Covid-19 to pretend as legitimate brands and mislead employees and customers alike. In June, Swissinfo.ch cited figures from the National Cyber Security Center in reporting that the number of cyberattacks — phishing, fraudulent websites and direct attacks on companies, among others — in Switzerland reached 350, compared to the usual 100 to 150. All the tell-tale signs were there at the onset of the pandemic. Employees under ... » Learn More about Cyber pandemic: A rising global threat

Running a business is far complicated from an easy job. In fact, businesses owners are said to have stress levels as high as anyone else if not more. It has forever been thought that owning your own business absolves you of stress. This is far from the case. Business owners are people who have to manage the business, their own household and ensure that the employees get paid on time so that they too can take money home to their families. The business owner or the person managing the company has an immense task of making sure that everything goes right. The fact that they have to invest and make sure that the investment pays off, in the long run, is bad enough. It’s a major burden to take a risk like that and know that you are responsible. You are responsible for the entity in society and the lives which it effects, your own included. Though debts have forever been seen as this monster which you need to be aware of all the time, it is important to understand how imperative it is ... » Learn More about Eight Things to Avoid When Applying for a Business Loan

People browse cars displayed at the Bangkok International Grand Motor Sale 2020. (Photo by Somchai Poomlard) Auto loan providers have launched new debt restructuring packages to control non-performing loans (NPLs) after forecasting higher bad debts in the first quarter due to the impact of the pandemic. Tisco Bank, the country's leading automotive lender, introduced a debt pay-off campaign for customers purchasing commercial vans, who largely operate in tourism-related businesses and have been battered by the pandemic. The bank launched the campaign late last year for businesses operating tour vans, which are considered on a case-by-case basis, said president and chief operating officer Sakchai Peechapat. The solution is a financial instrument to help customers who cannot service their debts to close their loan accounts and maintain a good credit record with the National Credit Bureau. Instalments for borrowers average between 15,000-25,000 baht per month. Given the ... » Learn More about Campaigns aim to ease auto loan stress