Bangkok (VNA) – Thailand’s new economic package to mitigate the impact of the COVID-19 pandemic will be worth about 10 percent of its gross domestic product (GDP), Deputy Prime Minister Somkid Jatusripitak has said. Deputy PM Somkid stated that the package will cover all economic sectors for at least the next six months. If possible, final approval will be sought from the cabinet on April 7, he added. He did not give a specific value for the package, but the GDP of Southeast Asia’s second-largest economy last year was 16.88 trillion baht (512.76 billion USD). The measures will be partly financed by the fiscal budget and borrowing, he said. The latest package follows last month’s two sets of stimulus measures together worth more than 500 billion baht. The Bank of Thailand (BOT) expects the country’s economy to contract 5.3 percent this year, the worst since the 1998 Asian financial crisis./. … [Read more...] about COVID-19: Thailand’s new economic package to be worth 10 percent of GDP
Oil producers are racing against time. The supply glut is so massive that the world will soon run out of space to store all those barrels. And that could send prices crashing into single-digits, exacerbating what will likely be a wave of bankruptcies in the US oil industry. … [Read more...] about Oil for less than $10 a barrel is on the horizon. Will OPEC blink first?
Speaking to presspersons in Chamarajanagar, he said, “There will be too much of a gap between classes conducted and the exam now. So we have decided to have a review of subjects for a week or so. This will help students revise the subjects and be better prepared for the exam.” … [Read more...] about Class 10 students to get crash course before SSLC exam in Karnataka
South Korean tech giant Samsung has started rolling out the latest One UI 2.0 update to the Galaxy A70 smartphone. The update is based on Google’s latest operating system, Android 10, and is being rolled out by version A705GMDDU5BTC2 and weighs 1.95GB, as per a report by Sammobile. To check for the update, go to Settings> Software update and if you get the update hit download to install it. Users are recommended to keep a backup of their personal first before going ahead with the software update. To recall, Samsung first rolled out the update last month starting with Ukraine. Samsung Galaxy A70 specsThe Galaxy A70 was launched in April last year at a price of Rs 28,990. It features a 6.7-inch full HD+ Infinity U Super AMOLED display with 1080x2400 pixel resolution and 20:9 aspect ratio. The device is powered by an octa-core Qualcomm Snapdragon 675 processor. The smartphone comes with dual SIM functionality and offers 6GB of RAM and 128GB internal storage. Users can … [Read more...] about Android 10 update starts rolling out on Samsung Galaxy A70 in India
PHOENIX (AP) — Authorities say an Arizona Department of Transportation employee has been killed while setting up a sign alerting drivers to pavement repairs along Interstate 10 south of Phoenix. … [Read more...] about ADOT: Highway worker fatally struck on I-10 south of Phoenix
"Cipla will now file the product with the USFDA (another three-four months). Being a complex product and based on past experience with other players (Mylan, Hikma, Sandoz), it is highly likely that the approval pathway will be longer than the usual one-year cycle," said Emkay. The brokerage has a buy call on the stock with a target at Rs 522, implying a 26 percent potential upside. … [Read more...] about Gainers & Losers: 10 stocks that moved most last week; ITC, RBL Bank, Lupin top charts