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Thai economy could lose over $40 billion if virus crisis goes beyond second quarter

BANGKOK (Reuters) - Thailand’s economy is expected to lose 1.3 trillion baht (nearly $40 billion), almost all of it in the tourist sector, due to the initial impact of the coronavirus pandemic, a banking association said on Tuesday.

“But if the outbreak cannot be controlled within the current quarter, the impact will be bigger,” Predee Daochai, chairman of the Thai Bankers’ Association, said in a statement.

China's human rights achievements recognized globally: spokesperson

BEIJING, April 13 (Xinhua) -- The appointment of a Chinese official into the Consultative Group of the UN Human Rights Council demonstrated once again the international community's recognition of China's achievements in human rights development, a foreign ministry spokesperson said Monday.

The appointment of Jiang Duan, minister of the Chinese mission to the United Nations in Geneva, also showed the world's recognition of China's active participation in international human rights exchanges and cooperation, spokesperson Zhao Lijian said at a press briefing.

China reports exports fell further in March amid shutdown

BEIJING (AP) — China’s trade improved in March but was below last year’s levels, and forecasters warned Chinese exporters face another slump as the coronavirus pandemic depresses global demand.

Exports sank 6.6% from a year earlier to $185.1 billion, an improvement over the 17.2% contraction in January and February, customs data showed Tuesday. Imports declined 0.4% to $165.2 billion, recovering from a 4% fall in January and February after Beijing started reopening factories and stores.

S. Korea says N. Korea has fired suspected cruise missiles

SEOUL, South Korea (AP) — North Korea fired several suspected cruise missiles off its east coast on Tuesday, South Korea said, the latest in a slew of weapons launches by the North despite worries about a possible coronavirus outbreak in the country.

South Korea’s Joint Chiefs of Staff said in a statement that the projectiles — presumed to be cruise missiles — were fired from the North’s eastern Kangwon province on Tuesday morning before flying toward its eastern sea.

Pakistan should seek emergency loan from AIIB to fight Covid-19 epidemic: Chinese media

BEIJING, Apr 13 (APP): Given the serious impact of the Covid-19 epidemic and the fallout of locust disaster, Pakistan should seek emergency loan for the Crisis Recovery Facility from Asian Infrastructure Investment Bank (AIIB).

The AIIB has announced launch of a new Crisis Recovery Facility earlier this month to support its members in the battle against the Covid-19 epidemic, China Economic Net (CEN) reported on Monday.

ADB announces USD 20 bln virus rescue package

Manila, Apr 13 (AFP/PTI) The Asian Development Bank said Monday it will roll out a massive USD 20 billion package to help developing member nations weather the economic fallout from the coronavirus pandemic.

The fund represents the tripling of a package announced just a month ago, which the ADB decided to boost as the scale of the contagion's impact has mushroomed.

World's biggest water fight cancelled as Thailand combats coronavirus

BANGKOK (Reuters) - Thais will have to find another way to cool off this year after the government called off the annual water festival that celebrates the Buddhist New Year to curb the outbreak of the new coronavirus.

Thailand usually celebrates its traditional new year or Songkran from April 13 to 15, when crowds pack the streets in a boisterous festival, spraying water guns and hurling water off pick-up trucks in a free-for-all water fight.

Russian border becomes China's frontline in fight against second virus wave

SUIFENHE, China (Reuters) - China’s northeastern border with Russia has become a frontline in the fight against a resurgence of the coronavirus epidemic as new daily cases rose to the highest in nearly six weeks - with more than 90% involving people coming from abroad.

A resident wearing a face mask walks past a shopping street which used to be packed with people in Suifenhe, a city of Heilongjiang province on the border with Russia, as the spread of the novel coronavirus disease (COVID-19) continues in the country, China April 12, 2020. REUTERS/Huizhong Wu

South Korea set to ship coronavirus testing kits to U.S. - source

SEOUL (Reuters) - South Korea plans to send kits designed to run up to 600,000 coronavirus tests to the United States on Tuesday after an appeal from U.S. President Donald Trump, a Seoul official said.

Trump made the request in a telephone call with President Moon Jae-in on March 25, as the United States was grappling with fast-growing outbreaks in many states.

South Korean companies have previously shipped test kits to U.S. cities including Los Angeles, but this would mark the first bulk order from the U.S. federal government.

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