Assistance promised for this month’s high power bills
The cabinet will next week decide on proposed measures to assist householders as the cost of electricity rises to a record-high, and assistance will be provided to meet September’s bills, according Energy Minister Supattanapong Punmeechaow.Continue Reading
Breaking down Cambodia’s naval base controversy
Cambodia’s Ream Naval Base — a facility in the Gulf of Thailand — has in recent years been the subject of interest from major powers competing for influence in Southeast Asia. China’s efforts to access the base first surfaced in July 2019 after the Wall Street Journal reported an alleged agreement allowing the Chinese military to use […]
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2 public entertainment outlets on Middle Road suspected of providing hostessing services, 31 people arrested
SINGAPORE: Two public entertainment outlets along Middle Road were found to have allegedly provided hostessing services during an enforcement operation on Saturday (Sep 3), resulting in 31 people arrested. Twenty-nine women were suspected of providing hostessing services, and they were arrested for working without a valid work permit, said police in aContinue Reading
Travelling overseas? 7 destinations in Asia that have eased COVID-19 entry rules
Are COVID-19 tests and quarantine still needed? Here’s a look at the requirements across key Asian destinations, including Japan and South Korea.Continue Reading
Aaron Judge hits 54th home run of season, tying Yankees record, then heads to watch US Open
As Mondays go, Aaron Judge had a pretty special one.Continue Reading
UK’s Truss likely to pick a fight with China
On September 5, 2022, members of the United Kingdom’s Conservative Party chose the next prime minister. Liz Truss defeated her rival Rishi Sunak in a vote of 160,000 or so party members. For years, China was a near irrelevance in UK politics. That changed when a range of crises raised China’s profile in a highly […]
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Taiwan removes Singapore, Malaysia from initial list of countries eligible for visa-free entry
SINGAPORE: Taiwan has removed Singapore, Malaysia and a host of other countries from an initial list of nations announced as eligible for visa-free entry starting next week. On Monday (Sep 5), a table published online by Taiwan’s Bureau of Consular Affairs showed that visitors from Singapore and Malaysia among other countries wereContinue Reading
It’s a good time to be an NFL wide receiver — and it’s only going to get better
“I like to stop and appreciate stuff along the way.”Continue Reading
Frankenstein yen vs Godzilla dollar in a FX horror show
TOKYO – If you want to know what losing control of a monster you created looks like, Japanese monetary authorities offer a dramatic example.
For roughly 25 years now, since at least 1997, a weaker exchange rate has been the ruling Liberal Democratic Party’s top policy tool. Twelve governments later, though, the yen’s drop to 140 to the dollar – a 22% loss this year – is more of an economic liability than a benefit.
In years past, a sliding yen was a boon for exports. Now, the weakest exchange rate since the late 1990s has Japan importing inflation amid surging prices of oil and other key commodities.
The yen’s plummet speaks to two even bigger problems. One is how it might kick off new currency skirmishes in Asia. Two is the Frankenstein-like threat facing the Bank of Japan and Ministry of Finance as they endeavor to halt the yen’s plunge toward 150.
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10 Rohingya rescued from sea, 41 others found on island
Ten Rohingya men were found floating in the sea near Koh Bulone in Satun’s Langu district on Tuesday morning and another 41 Rohingya were later found on an island in Thung Wa district.Continue Reading