Bangkok Thailand, August 2, 2020: Owners of 58 economically valuable trees will be able to use them as collateral when applying for loans at financial institutions under a new Thailand Government policy, Government spokesperson Narumon Pinyosinwat said on her Facebook page.

“This policy was proposed by the Ministry of Commerce as a measure to help people gain access to financial aid and promote the growing of economically valuable trees in communities,” she said.

“The ministry therefore issued a regulation regarding other types of valid collateral that can be used under the Business Collateral Act BE 2558, while the types of economically valuable trees will be according to the Forest Plantation Act BE 2535.”

The spokesperson also posted pictures and a list of 58 economically valuable trees, along with the common name in Thai and their scientific names in English.

Meanwhile, Thailand also announced that the Suvarnabhumi Airport is seeing an increase in passengers after the government eased lockdown measures in the fifth phase that allowed domestic travel.

Wing Commander Suthirawat Suwanawat, general manager of Suvarnabhumi Airport, said that from July 1-15, the airport had seen operation of 3,205 flights (1,604 incoming and 1,601 outgoing) or 214 flights per day on average.

“The total number of passengers using the airport was 174,912 (85,758 incoming and 89,154 outgoing), or 11,661 passengers per day on average, which is a big jump from the previous months when the fifth phase of the easing of lockdown had not started yet, he said.

He said that with the greenlight to open the skies, also comes with stricter measures to ensure health safety in the midst of the Covid-19 pandemic. – The Nation Thailand/Asian News Network