IMF seeks more time to conclude Pakistan deal worth US$1.1 billion
KARACHI: The International Monetary Fund has asked for more time for negotiations with Pakistan over a deal that would unlock US$1.1 billion in much-needed funds for the country, Secretary of Finance Hamed Sheikh said on Thursday (Feb 9). Cash-strapped Pakistan, pushed to the limit by last year’s devastating floods, hadContinue Reading
Hearing due on Social Security Fund payments
The Ministry of Labour plans to organise a formal public hearing on Feb 28 about its new regulation concerning a plan to lift the salary ceiling used in calculating the monthly contribution by salaried employees to the Social Security Fund (SSF).Continue Reading
Hearing due on SSF payments
The Ministry of Labour plans to organise a formal public hearing on Feb 28 about its new regulation concerning a plan to lift the salary ceiling used in calculating the monthly contribution by salaried employees to the Social Security Fund (SSF).Continue Reading
Hanwang, bellwether of Chinese ChatGPT frenzy, under regulatory scrutiny
Hanwang’s shares slumped nearly 6 per cent upon Friday after the business flagged business, investing, and earnings dangers at the request from the Shenzhen bourse plus disclosed that several major shareholders experienced reduced their buy-ins. Still, the share is up 65 % so far this 30 days. If a stockContinue Reading
South Korea to restart issuing short-term visas for China travellers on Feb 11
SEOUL: South Korea plans to resume issuing short-term visas for travellers from China on Saturday (Feb 11) after China improved its COVID-19 situation, Seoul officials said on Friday. South Korea suspended issuing short-term visas to Chinese visitors last month after China abruptly ended its stringent “zero-COVID” policy, leading to aContinue Reading
Captain Richelieu’s descendant visits
The Royal Thai Navy on Thursday welcomed the great-grandson of Phraya Cholayuthyothin, a Danish naval officer who was a commander of the Siamese navy during the reign of King Chulalongkorn (Rama V), who also contributed to the modernisation of Siam.Continue Reading
S Korea to audition potential Thai stars
The Korean Cultural Centre has teamed up with Korean entertainment agencies to host auditions in Bangkok and Buri Ram, the hometown of Lalisa Manoban, or Lisa of the South Korean girl group Blackpink, to find new talent from Feb 11-18.Continue Reading
Former personal banker to be charged with cheating customer of $220,000 with fake financial products
SINGAPORE: A former personal banker will be charged on Friday (Feb 10) after he allegedly sold fake investment and financial products to cheat a customer of S$220,000. On Dec 27, the Commercial Affairs Department were alerted to a case where a man had purportedly deceived a victim into transferring S$220,000 across sevenContinue Reading
Thamanat returning to PPRP
The former Palang Pracharath Party (PPRP) secretary-general, Capt Thamanat Prompow, is to return to the ruling party and will be in charge of its election preparations in the North, according to deputy leader Wirach Ratanasate.Continue Reading
Top cops linked to illegal site
Media firebrand Chuvit Kamolvisit is calling on the national police chief to take immediate action against two senior police officers accused of being behind a large online gambling network.Continue Reading