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Proposal To Review Overseas Transfers Above 50k Baht Approved

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Proposal To Review Overseas Transfers Above 50k Baht Approved

A draft bill proposed by the Anti-Money Laundering Office that will see reviews of overseas transfers exceeding 50,000 baht has been approved by the government.

Deputy Government Spokesman Rachada Dhnadirek said the new rules were approved to address a number of outstanding issues that will bring Thailand into line with international standards aimed at combating money laundering and the funding of terrorism.

Included in the bill are new assessments for financial institutions and businesses in a bid to detect fraudulent or suspicious transactions.

Individuals wishing to transfer amounts over 50,000 baht with be required to provide the identification and other unspecified information of the recipient before the transaction can be approved.

It wasn’t reported when the new law would be rubberstamped or when it’s expected to come into effect.

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Boxing Is Back But No Spectators Allowed

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Boxing Is Back But No Spectators Allowed

Muay Thai boxing resumed on Saturday after more than three months but fans of the national sport had to make do with watching on television as spectators are still banned.

Matches resumed as Thailand eases measures to prevent the spread of COVID-19 which left hundreds of boxers and referees without work.

No local transmissions of the virus have been reported for 40 days.

However, authorities have yet to issue rules on when and how spectators will be allowed to attend sports venues.

In March, a spike in virus cases was linked to a boxing match at Lumpinee Boxing Stadium.

“Today is a good start for the boxing industry,” said Viboon Jampa-nguern, head of the boxing committee.

“Boxers are in jeopardy, they don’t have alternative jobs. The same goes for those who work as boxing referees, they don’t have second jobs to support them,” he said.

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Suicide Suspected In Death Of Australian Man In Pattaya

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Suicide Suspected In Death Of Australian Man In Pattaya

A 59-year-old Australian man was found dead on Saturday afternoon at a Pattaya apartment with police suspecting suicide was the likely cause of death.

Police were alerted at around 4.30pm by the apartment block housekeeper who found the body of Andrew George Tomlinson laid on the bed with a plastic bag over his head fastened with a cable tie. His hands were also bound with a cable tie.

There were no signs of a struggle, no bruises on the body, no reason to suspect a robbery gone wrong and no valuables missing.

CCTV from the building showed nobody had entered the room.

The body was sent to Police General Hospital in Bangkok for a post-mortem to determine the exact cause of death and the Australian embassy notified.

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Mass Exodus Causes Chaos On The Roads

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Mass Exodus Causes Chaos On The Roads

More than 2 million people left Bangkok for the provinces for the long weekend with Asalha Bucha Day and Khao Phansa Day making it a 4-day holiday.

The Transport Ministry said 2,272,275 people used public transport on Friday, almost 10% more than predicted.

2,684,726 vehicles entered and left Bangkok on Friday, causing major congestion on tollways despite the figure being 15.8% lower than expected.

Asalha Bucha Day is celebrated on Sunday while Khao Phansa Day, marking the beginning Buddhist Lent, falls on Monday with Tuesday a public holiday.

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