The Bank of Thailand (BOT) cut its benchmark interest rate to a record low at an emergency meeting amid worries about corona virus, it has damaged the tourism industry sector of this country and increased the risk of recession.

In the announcement on the website at the end of Friday, the Bank of Thailand said the bank’s monetary policy committee voted unanimously to cut the policy rate to 0.75%, effective March 23.

This is the second interest rate cut in many months after this bank also lowered the interest rate by 0.25% in February.

The Monetary Policy Committee viewed that the COVID-19 outbreak in the period ahead would be more severe than previously expected and the situation would take some time before returning to normal.

“This problem will seriously affect the economy of Thailand,” BOT said in the announcement. “Moreover, the epidemic has caused worries in global financial markets, affecting the liquidity and the operation of financial markets in Thailand despite the general stability of the financial system.”

According to the Monetary Policy Committee of Thailand, cutting borrowing costs will assist borrowers who affected by the disease and it eases liquidity tensions in financial markets.

BOT said it would ensure adequate liquidity as well as the normal operation and stability of financial markets.

It is expected that the Thai Monetary Policy Committee will continue to meet on March 25.

BOT said they will ensure adequate liquidity as well as the normal operation and the stability of financial markets.

It is expected that the Monetary Policy Committee of Thailand will continue to meet on March 25.

BOT is the latest central bank in Southeast Asia that loosened the policy after the central bank of the Philippines and Indonesia lowered interest rates by 0.5% and 0.25% respectively on Thursday. Meanwhile, the central bank of Malaysia loosened compulsory reserve regulations.

In other countries in Asia – Pacific, the Central Bank of Australia (RBA) also lowered the basic interest rate and has started the quantitative easing program.

This service is “more generous” than OneDrive with Google Drive when it offer up to 20GB of free storage space upon registration.

What is Cloud Storage?

If talking about cloud storage services, everyone should immediately think of 2 “giant” in this area are Google and Microsoft with Google Drive and OneDrive. However, there are still other names that are equally famous and more generous than the two names mentioned when providing users with 20GB of free storage space right after registering their account. And in this article, Icedrive will be the name we will try today, we invite readers to consult.

First of all, please visit this address (https://icedrive.net/) and click Get Started to register to use the service.

The registration process is also quite simple and non-intrusive like other providers.

After successful registration and login, the data management interface of the account on Icedrive will appear. The frame to the left of the interface will be shortcuts to data tasks and the right will be a list of the data you upload.

To get started, click Add New and click on the option you want, including creating a new folder, uploading data and uploading the entire folder.

To easily manage and organize data, first select New Folder and proceed with naming this new folder.

After creating a new folder, go to it and select Add New> Upload Files, then navigate to the data you want to upload from your computer. The download process will take place continuously and have a % display for you to follow.

When clicking on a certain file in the list, the operation menu will appear at the top for you to choose to use.

In addition, when you right-click on the file, a quick action menu also appears for you to choose to use.

The interesting point of Icedrive is its ability to allow users to create and share uploaded data directly to recipients via the link it provides. Here is the Public Link option. And from there you will be given additional features such as setting the expiration date for sharing or setting a password to protect the data.

In addition to the general data management area, Icedrive is also available for premium account users with an area for managing encrypted and multi-layered security.

When you click on the account name in the right corner of the interface, you will be provided with an extensive menu with options to navigate deep into account settings, as well as statistics on service usage information.

What Is the Best Free Cloud Storage?

Besides choosing to use icedrive web-based services, users can choose to download and install icedrive on Windows and mobile computers (Android). Overall icedrive is quite easy to use and quite fast to operate, so if you are looking for a new name in the cloud storage “village” to experience then this is a great option.

Hope the article will be useful for you.

FedEx has become a thorn in the eyes of many Chinese officials after “misplacing” Huawei’s two important parcels to the US.

South China Morning Post reported that the Chinese government is considering adding FedEx to the list of “unreliable” companies. According to SCMP, the move will increase US-China relations tensions.

The source said the Chinese authorities almost completed the necessary preparations to put FedEx on the blacklist. The final decision will be made by a senior leader.

The Chinese Ministry of Commerce made a blacklist at the end of May, targeting foreign companies that Beijing believes could harm the interests of domestic businesses.

FedEx became a thorn in the eyes of many Chinese officials after two parcels containing documents sent from Japan to Huawei in China were “mistakenly transferred” to the US without the company’s permission. FedEx confirmed that this is only a mistake in the system and absolutely no impact from outside.

“We always value customers, who have handed over more than 15 million parcels to transport every day,” FedEx posted on the Weibo account. At the same time, the company apologized for mistaking the “small amount” of Huawei goods.

The Chinese Ministry of Commerce has not yet commented on the information.

Recently, FedEx filed a lawsuit against the US Department of Commerce for asking the company to enforce the export ban, along with other surveillance moves. FedEx said this legal obligation was not fair and was an “impossible burden”. The company insists that it is only a transport service provider, not a law enforcement agency.