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SPORTS

Cancelling the Olympics? Huge consequences and a financial quagmire

AFP, Published on 19/05/2021

» LAUSANNE: Cancelling the Tokyo Olympics in response to mounting public opposition in Japan to holding the Games during the Covid-19 pandemic would be an unparalleled act in peacetime.

THAILAND

The house a Thai victim of violence in Israel will never live in

Soonthorn Kongwarakhom, Published on 19/05/2021

» PHETCHABUN: When Weerawat Karunborirak left to work in Israel in 2018, he had only one thing in mind: to earn money there that he could use to build a house for his family.

BUSINESS

Singapore Air posts record B100bn annual loss, to issue convertible bonds

Reuters, Published on 19/05/2021

» Singapore Airlines Ltd on Wednesday posted its second-consecutive annual loss, which widened to a record S$4.27 billion (100.6 billion baht), and said it would issue S$6.2 billion of convertible bonds to help weather the coronavirus crisis.

WORLD

Singapore warns US embassy over LGBT webinar

AFP, Published on 19/05/2021

» Singapore Wednesday warned the US against interfering in its affairs after the American embassy in the city-state, where gay sex remains illegal, co-hosted a webinar with a prominent LGBT group.

THAILAND

Thailand starts Covid-19 vaccinations for monks at risk

Reuters, Published on 19/05/2021

» About 500 monks were inoculated in Bangkok on Tuesday and Wednesday to allow them to receive daily alms and do merit-making activities, as the country battles its third and most potent wave of infections.

WORLD

Trump Organization faces criminal probe in New York state

AFP, Published on 19/05/2021

» NEW YORK: The Trump Organization is being investigated in a "criminal capacity", the New York state attorney general's office said Tuesday, as prosecutors advance their probe into former president Donald Trump's business dealings.

WORLD

Singapore summons Indian envoy in virus row

AFP, Published on 19/05/2021

» Singapore called in India's envoy Wednesday to protest "unfounded" claims by New Delhi's chief minister that a coronavirus strain from the city-state was dangerous for children.

THAILAND

Thai workers killed in Israeli to get compensation

Penchan Charoensuthipan, Published on 19/05/2021

» Two Thai workers who were killed by rockets fired from Gaza into southern Israel on Tuesday are entitled to compensation from the National Insurance Institute of Israel, Labour Minister Suchart Chomklin said on Wednesday.

BUSINESS

Joint business group slashes 2021 growth outlook but sees higher exports

Published on 19/05/2021

» Thailand's joint business group on Wednesday reduced its 2021 economic growth forecast again to 0.5% to 2.0%, from 1.5% to 3.0%, as a third wave of Covid-19 infections slowed an already sluggish economic recovery, despite increased exports.

WORLD

Bitcoin tumbles below $39,000 after China issues warning

AFP, Published on 19/05/2021

» BEIJING - Bitcoin plunged below $39,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them, despite the country powering most of the world's mining.