Country Garden bondholders seek talks after missed payment: Sources
Three sources with firsthand knowledge of the situation claim that Country Garden’s bondholders are requesting serious discussions with the business and its advisors after the troubled real estate developer missed a US$ 15 million discount payment, putting it in default risk. According to the options, who declined to be namedContinue Reading
Activists urge end to Tak water project
PUBLISHED: 19 October 2023 at 7:22
People asked the Chiang Mai Administrative Court to halt the project on Wednesday, leaving the death of a contentious 200 billion baht water escape job that would provide water to the Bhumibol bridge in Tak in the balance.
The large-scale project calls for the construction of a water source hole, reservoir, water pump station, and diversion barrage, all of which would significantly alter the local environment.
The Bhumibol bridge, a crucial source of water for gardening and the production of hydraulic power, was supposed to receive continuous water supply as part of the project.
The project, which spans 3, 641 ray, overlaps locations that will be incorporated into Mae Ngao National Park.
The project will have an impact on 29 families in 36 villages, according to the environmental impact assessment( EIA ) report.
The People’s Network of Yuam-Ngao-Moei-Salwin Basin, as well as residents of Chiang Mai, Tak, and Mae Hong Son, identified the defendants as the Royal Irrigation Department( RID ), the expert committee that produced the EIA report, the Office of Natural Resources and Environmental Policy and Planning ( ONC ), and the cabinet in their court-filed petition.
The system claimed in its petition that it had done so in flagrant violation of the law and requested that the court dismiss or cancel the project entirely.
The Yuam, Ngao, Moei, and Salaween valley basins, which are all anticipated to be negatively impacted by the project, are included in the network’s request for a judge order for the government to work toward issuing rules or laws to protect them.
Land dispute on Koh Lan escalates
19 October 2023 at 7: 14 PUBLISHED
CHON BURI: According to Deputy Mayor Manote Nongyai, a group of companies have been accused of encroaching on Koh Lan’s bush area by PattaYa City.
A local non-governmental organization has informed the company of the alleged incursion of an region adjacent to Sangwan beach.
About 10 ray of jungle land have been cleared, according to a survey conducted by city officials, indicating that the area has been invaded.
The Royal Forest Department will receive the survey results from Pattaya City’s legitimate section for further consideration.
According to Mr. Manote, the town has filed a formal complaint with the local police against the events who are alleged to have invaded the place and given them notice to immediately stop the invasion.
Visitors from China, Russia, and India frequently visit Koh Lan, a well-known area close to Pattaya. The area receives up to 10,000 visitors per day.
On the island, where hospitality companies want sizable tracts of land for business development, illegal land merger has been a major issue, according to Mr. Manote.
Hat Sangwan is one of the island’s seven shores, but Mr. Manote claimed that there are too many visitors there.
He claimed that issuing title activities and other rights files has also been a long-standing issue.
According to Mr. Manote, the Baan Koh Lan community’s inhabitants call the place home and depend on farming and fishing for a living. Some people, however, have urged the government to address the issue of land rights because they lack the necessary documentation.
According to Mr. Manote, the Chon Buri statewide office now serves as a mediator in the property rights dispute between citizens and the regulators as the management of the area has been moved from that location to Pattaya City.
Mother buoyed by hostage negotiations
Good work to open Thais are described.
PUBLISHED: 19 October 2023 at 7:00 a.m.
After Prime Minister Srettha Thavisin confirmed that negotiations to secure the release of Thai victims have been” good ,” the mother of a Thai employee held hostage by Hamas insurgents continues to hold out hope that she will see her father’s face once more.
On Tuesday, Mr. Srettha delivered the message, bringing hope to the people of Thai workers being held captive. The message from the prime minister coincides with reports in the media that Hamas will launch victims, including Thai employees.
Manee Jirachart is one of five Udon Thani state workers who were taken hostage by Hamas after hostilities broke out on October 7.
Writers met his mother Buasri Jirachart on Wednesday at his home in tambon Na Mai in Udon Thani’s Ban Dung area. She said she was encouraged by the news that Gazas was open to freeing prisoners.
” I felt so thrilled when I read the news. My brother won’t pass away, Mrs. Buasri declared.
” At this point, I urge the Thai authorities to begin negotiations for the captives’ transfer. I think my son is still alive even though it has been 11 days since he was held prisoner, she said.
Twelve more Vietnamese staff from the North and Northeast want to return to Thailand in addition to the five Udon Thani visitors who have been held imprisoned.
Twelve Thai staff at a plant and fruit land 9 kilometers from the Gaza Strip are constantly under attack, according to clips from Sorachuan Surapichai, 43, of Sakon Nakhon state.
Before two laborers made the decision to go back to Thailand on Tuesday, he claimed, there were 14 of them; the remaining 12 are now in danger.
Mr. Sorachuan, who has spent five years working in Israel, claimed that the present conflict between Palestine and Israel is the worst he has ever witnessed.
He claimed that he and other Thai workers must flee to a trap when the fighting gets close because they can discover gunfire every day.
” The workplace has changed our bonus terms and is currently lowering our pay.” We are instructed to keep working at all times, Mr. Sorachuan said.
” On some nights, the gunfire was so intense that we nearly couldn’t get to the trap.”
According to Mr. Sorachuan, some Thai workers have been left behind in dangerous areas while they wait to receive assistance from the government.
PM plots green growth path
methods at Beijing’s BRF
Srettha Thavisin, the prime minister, has suggested a strategy for Thailand’s sustainable development and pledged to support increased Belt and Road Initiative ( BRI ) cooperation with China.
The Thai Land Bridge task was also introduced by the prime minister, who is currently in Beijing, and he urged Chinese shareholders not to overlook it.
At the 3rd Belt and Road Forum( BRF ) for International Cooperation, which is taking place at the China National Convention Center( CNCC ), Mr. Srettha, who also serves as the finance minister, spoke on Wednesday at a high-level forum titled” Green Silk Road for Harmony with Nature.”
He suggested that Thailand prioritize the following in order to realize the vision outlined in the community subject:
Second, it is essential to promote sustainable consumption and production through all socioeconomic activities and to implement the natural transition across all industries. This covers system, electricity, and transportation.
This change will be greatly aided by innovative technologies and modern transformation, but it must be ensured that they are used responsibly and have equal access, he said.
Thailand is constantly putting our long-term lower greenhouse gas emission development strategy into practice. Our national energy strategy has been updated to promote energy efficiency and switch use to clean power.
” We aim to increase the production of zero-emission vehicles to 30 % by 2030, while promoting foreign investment in the electric vehicle industry.” In order to lessen climate change risk and enhance farmers’ well-being, we also intend to scale up green agronomy.
He stated,” I am optimistic that these policies will assist us in achieving our national goals of reducing greenhouse gas emissions by 40 % by 2030, becoming carbon neutral by 2050, and net-zero emissions – 2065.”
Next, Mr. Srettha stated that Thailand understands the value of ecosystem and climate preservation.
The location of the Land Bridge initiative is depicted in a resume by Prime Minister Srettha Thavisin. On Tuesday, while the 3rd Belt and Road Forum( BRF) for International Cooperation was taking place in Beijing, he introduced it to a group of Chinese business leaders.
He stated that the nation wants to increase the number of green spaces up to 55 % of its total land area. He stated that the country is determined to the” 30 by 30 Target” for protected areas with regard to marine and maritime wildlife, citing a commitment made at COP15 in Montreal, Canada, in December 2022.
According to him, Thailand believes that a green azure economy is essential to achieving the Green Maritime Silk Road.
Finally, a method of financing that is economically friendly will be crucial to the green transition. Thailand has so far raised$ 12.5 billion by issuing conservation ties to support a number of jobs. According to Mr. Srettha, the government will soon introduce sustainability-linked bonds to increase the market for natural bonds.
Additionally, this will encourage all organizations to aid Enterprises and the private sector as they operate environmentally friendly businesses.
On the BRI’s tenth anniversary, Mr. Srettha praised China for the accomplishments made possible by the wildly optimistic plan. Millions of people have already benefited from this system task, which spans the entire world and is still in its early stages.
Thailand, despite being a relatively modest country, hopes to learn from this mega-project and put it into practice at home, where it can.
A research and implementation plan for the Land Bridge task was recently approved by the Thai case. The southwestern Andaman region’s connection will be improved as a result of the connection between the Andoman Sea and the Indian Ocean to the Gulf of Thailand and Pacific Ocean. Additionally, it does shorten commute periods across the Strait of Malacca.
One of the top engineering firms in the nation, China Harbour Engineering Company Limited( CHEC ), is interested in joining Thailand’s$ 1 trillion baht southern Land Bridge megaproject, according to government spokesman Chai Wacharonke on Wednesday andnbsp.
During a meeting with Mr. Srettha outside the BRF, CHEC president Wang Tongzhou showed interest.
Mr. Srettha praised the company’s enthusiasm and urged it to speak with the Board of Investment ( BOI ) to find out more about investment privileges.
Additionally, he requested that the business think about opening a local company in Thailand. An international show from November to January will be part of the project’s timeline to attract foreign funding. Between April and June, the government intends to start accepting bids from the private market. A logistics system connecting Ranong to Chumphon is the goal of the project, a public-private relationship.
Quick chaat at a Little India kiosk where the street food is as authentic as it gets in Singapore
After finishing his studies in England, he embarked on a soul-searching, life-altering journey to Nepal. He imagined a cafe in Singapore where he could restore the same serene, grounding atmosphere, inspired by how straightforward the Bangladeshi way of life was. His repeated trips back and a yoga training stay in India strengthened his strong ties to both nations. Even though things can become disorganized, you can still be at peace. Somehow it functions ,” Oliver said.
He established Going Om, a shop and yoga studio in Haji Lane that served as an oasis for local artists and people looking for relief from city life, in remembrance of himself. His travel experiences and suggestions from his Bangladeshi and Indian staff were combined to create the menu.
However, the COVID-19 epidemic claimed the cafe’s life after 14 times in operation. Oliver, however, has no regrets because he understands that the time and effort put into it went beyond a simple business opportunity. With food as the common speech, it served as a pipe for social understanding and human relationship.
Oliver picked Singapore’s Little India as our makan place to recreate his previous gastronomical activities with me. He frequently visits the area to explore the narrow lanes, take in the teeming atmosphere, and test a few snacks. Case in point: The street food shop for Dwaraka Restaurant is strategically situated across from the renowned Mustafa Center.
Govt backs UK plans to foster English study cooperation
19 October 2023 at 6:05 p.m.
Thailand has agreed to the proposed programs from the United Kingdom to encourage English language instruction teamwork between Thai teachers and students in Thailand.
On Wednesday, Education Minister Pol Gen Permpoon Chidchob met with Anne Marie Trevelyan, the UK’s Minister of State for the Indo-Pacific, to discuss educational assistance in English analyses for Vietnamese teachers and students in Thailand.
Mark Gooding, the English embassy, was present at the Ministry of Education discussion as well.
Thai students now have access to English classes and online databases abroad thanks to the British government’s assistance in developing the online learning platform, according to Pol Gen Permpoon.
He claimed that many students from low-income origins are also studying in Thailand.
Students and teachers now have much more equal access to education after receiving funding from the American government to enhance English lessons.
The utility of website and on-site teaching in Britain will be studied, according to Pol Gen Permpoon, who also added that he is willing to do so.
English classes in Thailand could be made better with the exchange of knowledge about the program and books.
According to Ms. Trevelyan, Britain was happy to discuss its struggles with online learning during the crisis.
Therefore, a number of groups in Britain collaborated with numerous industries to enhance and digitize classroom instruction as well as to prepare students for online employment.
Ms. Trevelyan stated that the American government was willing to support the programs because the education secretary is paying attention to English investigation in Thailand.
Airport protesters’ assets in peril
19 October 2023 at 05:43 PUBLISHED
Eleven key members of the now-dissolved People Alliance for Democracy( PAD) have been given an absolute liquidation order by the Central Bankruptcy Court in a bankruptcy lawsuit over their protests, which resulted in the two major airports for the capital being shut down.
According to Section 22 of the Bankruptcy Act, which comes after the bankruptcy get, an appointed recipient is given the authority to manage these 11 people’s assets.
Maj Gen. Chamlong Srimuang, Sondhi Limthongkul, Pibhop Dhongchai, Suriyasai Katasila, Chaiwat Sinsuwong, Samran Rodphet, Maleerat Kaewka, and Therdphum Jaidee are among them.
The Airports of Thailand( AoT ) filed a bankruptcy lawsuit in 2008, seeking restitution for losses incurred by the PAD’s occupation of Don Mueang and Suvarnabhumi airports. The receivership order is the outcome of that lawsuit.
With an annual interest rate of 7.5 % as of December 2008, the Civil Court ordered 13 PAD figures to pay the AoT more than 522 million baht in compensation in March 2011.
The lower prosecutor’s decision was upheld by the Appeal Court in 2015, but the defendants were unable to file an appeal within the allotted time. They requested an extension in a request, but it was denied.
People who owe or have access to these people’s assets must notify the listener within a month of receiving their notification, per the most recent order.
Within two weeks of the jury get being published in the Royal Gazette, their collectors— whether or not they are the plaintiff — must submit a request for loan repayment with the recipient.
Commentary: Singapore has long resisted unemployment benefits, so why the change of heart?
Prevent long-term dependence and gambling
How can the program be made so that users won’t get gaming to be in their best interests?
There may be a cap on how much benefits are paid in order to deter people from being on support for an extended period of time and staying at home instead of constantly looking for work. Alternately, the level of support may be correlated with the length of unemployment, beginning fairly high in the early weeks before falling off over time until it finally reaches zero.
While many nations do include a cap on how long unemployment benefits can be paid, some nations, unexpectedly, do not.
Additionally, the sum shouldn’t be so high that it encourages people to stay poor. Consideration of the last drawn pay with a suitable amount of discounting is one strategy. For instance, a maximum cap may be imposed and the level of support set at the percentage of previous drawn pay.
Of course, a sensible strategy is required, and the discounting level shouldn’t be so high that it properly renders the support useless. The goal should be to give workers adequate protection so they can meet their urgent financial needs while they are unemployed while still making it difficult for them to find employment. & nbsp,
Mr. Wong made a reference to the rewards being” properly sized.” However, individuals will always have different ideas about what is ideal.
Will there be a fixed amount of support for justice? People who are happy to make less than this amount may be more likely to stay poor. Additionally, basing it on the final salary received would meet each person’s specific financial needs, but that would inevitably result in different amounts for different people.
Commentary: Xi and Putin think theyâre winning – and maybe they are
REDISTRIBUTION OF POWER
The typical objective outlined in their mutual declaration was the” transfer of power in the world ,” an ending to US supremacy, and the redefining of democracy and human rights as whatever a given state says they are, regardless of whether Putin disclosed to Xi specifics of his impending plans to invade Ukraine at their 2022 meeting.
For certain, Xi didn’t foresee Russia’s war machine being humiliated in Ukraine or that the West may react by uniting and expanding rather than by imploding, any more than Putin did. In a similar vein, it’s unlikely that Xi anticipated the latest Middle East blaze when the two officials met in February 2022.
However, trouble in Ukraine or the Middle East is a gain for China in terms of an all-out political conflict with the US. Both rely on US tools and focus. Both challenged the status quo. Options for Xi may arise as the US becomes involved in Israel’s retaliation against Hamas in Gaza and its partnerships with the Gulf Arab state will become strained.
Therefore, China has avoided any open criticism of Hamas while criticizing Israel for its social punishment of Palestinians in reply, only as Putin quickly laid the blame for the horrifying attack on Israeli civilians at the entrance of the US.
Putin and Xi are doubling down on their achievements in convincing the so-called Global South that the issue isn’t Russian anger in Ukraine or Hamas’ hideous criminal deeds in Israel, but rather the continued colonization of the US and Europe by courting the Arab world in this way.
Never mind the Taiwanese detention of Uyghur Muslims in Xinjiang province or the Russian destruction of Muslim Tatars in the occupied Crimea. The Arab injustice, with its imperial overtones and extensive background in centuries of conflict over control of the Holy Land, can infuriate the Arab Street unlike any other, which is why the story works.
But be prepared for Xi and Putin to deliver more vehement anti-Western messages this year. They may have experienced some financial and military failures, in Russia’s case, but they are making good progress when it comes to uniting various countries behind their produce.