Showing 81 - 90 of 1,109
Of debt and bondage with Beijing
Oped, Brahma Chellaney, Published on 26/11/2022
» Recently released details of Kenya's 2014 loan agreement with China to finance a controversial railway project have once again highlighted the predatory nature of Chinese lending in developing countries. The contract not only imposed virtually all risk on the borrower (including requiring binding arbitration in China to settle any dispute), but also raised those risks to unmanageable levels (such as by setting an unusually high interest rate). With terms like that, it is no wonder some countries around the world have become ensnared in sovereignty-eroding Chinese debt traps.
After FTX collapse, cryptocurrency sector fights back
AFP, Published on 15/11/2022
» LONDON: The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency sector, pushing its main players to mobilise to save it.
Huge sums missing from collapsed crypto exchange
Published on 12/11/2022
» The collapsed crypto exchange FTX said on Saturday that it was moving funds into offline storage following a series of “unauthorised transactions”, with analysts saying millions of dollars worth of assets had been withdrawn from the platform.
New childcare centre will have CCTV
News, Post Reporters, Published on 05/11/2022
» Security cameras, among other equipment, will be installed at the new child development centre in Nong Bua Lam Phu province, which will replace the Ban Nong Kung Si Pho Si Somphon School building where 22 mostly young students were killed after a massacre there early last month.
Sanctioned Myanmar tycoons find shelter in Singapore
Published on 18/10/2022
» Frangipani plants and coconut trees front the three-story villa on Sentosa Island where Myanmar tycoon Tay Za stays when he’s in Singapore. It’s one of two houses his family owns in a development overlooking the South China Sea known as a playground for the wealthy. A short drive away is the Marina Bay Sands casino, where he would often show up carrying a duffel bag stuffed with cash. On a sunny day in June, a yellow Ferrari F8 Spider and a Mercedes were parked outside one of the villas.
Liverpool renew City rivalry
Sports, Published on 15/10/2022
» LONDON: Liverpool's clashes with Manchester City have become the Premier League's modern classic in the era of Juergen Klopp and Pep Guardiola, but tomorrow's clash at Anfield could already spell the end of the Reds' title aspirations.
NVI doubles down on self-reliance regional vaccine manufacture moves
Published on 11/10/2022
» National Vaccine Institute (NVI) in collaboration with the Ministry of Public Health and the ASEAN Secretariat organised the ASEAN Vaccine Network Consultation Meeting on Regional Vaccine Manufacturing Development during September 14-15, 2022, to exchange vaccine knowledge between ASEAN member states and global development partners. The meeting was in preparation for future health threats through the building of strong vaccine networks, vaccine capacity building, HRD and expanding cooperation in mutual research and development of effective vaccines that can meet the demands of ASEAN countries during both normal and emergency situations.
Huawei sets its sights on regional digital transformation
Business, Suchit Leesa-nguansuk, Published on 10/10/2022
» Global tech powerhouse Huawei Technologies is concentrating on digital infrastructure, sustainable development and a strong ecosystem as part of its strategies to deepen cooperation with Asia-Pacific nations, including Thailand, in boosting its digital power.
The US inflation bonanza for sovereign debtors
Oped, Published on 08/10/2022
» As developing countries confront a new era of elevated inflation, rising interest rates, a stronger dollar, and capital outflows, some governments stand to benefit from a little-noticed bonanza. During the "Great Moderation" that preceded the Covid-19 pandemic, years of low inflation led to the growth of sovereign debt issued at fixed interest rates and long maturities. Now, two years of unexpected inflation in the United States have effectively diluted this debt.
Road use charges plan to curb city congestion
Post Reporters, Published on 28/09/2022
» The Ministry of Transport has a plan to impose charges on motorists using certain city roads in Bangkok, to reduce congestion and greenhouse gas (GHG) emissions.