Chula’s MBA Vision: Nurturing tomorrow’s sustainable business leaders

Executive’s opinion: Each program is properly tailored to meet the varied needs of students and offer in-depth learning experiences over a shorter period of time.

Chula's MBA Vision: Nurturing tomorrow's sustainable business leaders
To the left: Assoc. Doctor Kanis Saengchote, Ph. D., the Assoc. Doctor Vitara Pungpapong, Ph. D., Assistant Dr. Krisana Visamitanan, a professor Assoc. D. Doctor Nuttapol Assarut D.

With its international perspective, social focus, and exclusive Triple Crown Accreditation, Chulalongkorn Business School’s MBA program prepares students to run sustainable businesses in the fast changing business environment of the future.

The MBA program at Chulalongkorn Business School provides meticulously crafted programme that support a new global business model that promotes sustainability and equilibrium by balancing corporate profits with the value of sharing. This forward-thinking strategy opens the door for a new business attitude in the nation, one that is characterized by an international perspective and moral considerations.

The Chulalongkorn Business School’s Master of Business Administration Program, which was started in 1982, is managed with a wealth of knowledge and experience. To stay current with the rapidly changing global landscape, it continuously updates and improves its education. The program’s latest achievement of the coveted Triple Crown Accreditation, bestowed by AACSB from the United States, EQUIS from Europe, and AMBA from The United Kingdom, highlights its prominent position in the field of business management. MBA Chula is one of a select group of less than 1 % of organizations that have received this esteemed recognition out of the 30, 000 business colleges worldwide. Additionally, it is one of the top 100 business schools in the world.

Chulalongkorn Business School( CBS ) acknowledges that in a world where there are significant obstacles like uncertain business prospects and the effects of climate change, profit-centric approaches are no longer viable. In order to promote responsible success for both business owners and their supply stores, numerous business schools are reiterating the value of ethics.

The professional team of MBA Chula is happy to offer comprehensive information to help students better understand the agency’s core values. They are Krisana Vasamitanan, the director of the MBA ( Young Executive / 1 ) Program, Vitara Pungpapong, and Nuttapol Assarut, who also serves as the program’s director( Executive ) Program. They go into detail about how the business environment is changing as a result of fierce global contest made possible by efficient modern technology and connected networks. The development of an internationally oriented perspective and local insights — crucial components for business success— depends heavily on local businesses.

What kind of leadership do we aspire to develop? is the basic question that guides the design of our courses. They gave an explanation. Our company leaders should have both hard and soft capabilities, especially when it comes to business ethics and value creation in the context of social businesses. We want to give our pupils business knowledge and experience that are based on knowledge.

Each program is properly tailored to meet the various needs of the students and offer in-depth learning experiences over a shorter period of time. Students are given a wider range of options by this strategy, allowing them to choose programs that are in line with their particular interests. Additionally, it makes sure that the program is versatile and current. The program’s integrative collaboration, which draws expertise from disciplines like management, marketing, finance, accountancy, and statistics, produces modern and useful courses that are immediately applicable in real-world business scenarios.

It has emphasized the growing significance of data and information analysis information for future leadership due to a change in the digital conversion business. MBA Chula has acknowledged this place by incorporating in-depth data analysis methods for more precise decision-making. The program fosters a solid sense of modern morality in addition to technical skills.

Additionally, the program includes a thorough examination of business ethics and the development of shared worth through social issues. Kids work together in groups to analyze a social issue of their decision and then present resolving it for business purposes. They actively work with local communities to create the best marketing plans and inventions for showcasing locally produced goods. The agency’s effectiveness in boosting community incomes is attested to by many success stories.

MBA Chula firmly believes in the value of practice because it can aid students in fully comprehending the specialized studying ecology and empower their minds and skills to successfully implement business-based solutions. It has required at least three years of work experience for candidates. Through a number of partnerships with top colleges in Asia, Europe, and North America, it has also increased students’ knowledge and expertise. These collaborations give individuals a window into business techniques in various cultural contexts, promoting the growth of international organization skills.

Additionally, all MBA students have the option to apply for the Global Business Track, which entitles them to spend one year at CBS and the following year on a global trip with students from the Universities of Glasgow( Scotland ) and Victoria( Canada ). Future improvements to this program are planned, with plans to convert it from a certificate to an additional dual degree with an University of Victoria( Canada ) Master of Global Business. Additionally, CBS continues to collaborate with prestigious institutions like Seoul National University, Harvard Business School, Kedge Business Schools, Singapore Management University.

In the case of the English Program, it meets the needs of individuals looking for a weekend research routine while traveling abroad. Expat individuals living in Thailand are especially welcome to participate in this program because it gives them the chance to develop their specialized knowledge while they are there. Notably, expat students have given the English Program a lot of positive feedback, increasing their representation in the current class from 10 % to 20 %.

For individuals aspiring to higher senior positions, MBA Chula has offered a preparatory level. A system of international site visits has been made available for studying successful companies in Tokyo, Kyoto, Hiroshima, and Nagoya or for learning about responsible business practices at a century-old Japanese company. These encounters give kids useful insight into international business practices that they can use in their own contexts.

Secondly, students have access to a unique lifelong learning program that enables them to maintain their education at the university. Additionally, it’s a great chance to interact with younger people and learn from their ideas and technological advancements, demonstrating the idea that learning is an ongoing process.

Four different MBA programs are available at Chulalongkorn Business School: the Regular Program, Young Executive Programs, Executive Programme, and English Program. Each program is designed to meet the unique origins and requirements of its students. An MBA Chula Open House is scheduled for November 19, 2023, to provide more details about the MBA system. Insight into the system and its products will be provided by this event.

Under the auspices of” Nurturing Tomorrow’s Sustainable Business Leaders ,” MBA Chula is a truly educational institution for students seeking success in business.

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US abandoning its leadership in fusion energy

The message from her coworkers arrived on December 8, 2022.

Leading plasma physicist Tammy Ma was waiting for a flight to the east coast at the Lawrence Livermore National Laboratory’s National Ignition Facility( NIF ) in San Francisco. She only needed to take a quick look at the information provided by her crew to realize that something extraordinary had occurred, and she immediately jumped for joy.

NIF had lived up to its promises to become the first experiment to approach the nuclear integration step known as fire three days earlier, after decades of research and architecture.

A shot of frozen gas had been imploded by Ma’s group using a variety of lasers, especially the isotopes with one and two neutrons known as hydrogen and helium. This caused nuclear fusion events to occur and released more energy than the laser energy required to start the process.

Tammy Ma, a mathematician. Lawrence Livermore National Laboratory image

Ma noted the significance of the occasion and the public’s interest in their accomplishment during a keynote address given by the Asian Pacific American Council ( APAC ) employee resource group of LLNL. She exclaimed,” With the latest fire outcome, it’s really exciting that people care about science.” Where we want to drive the field, we’re trying to use that as an opportunity to spread the word about lighting. It’s a chance, really.

Effects of Fusion’s influence

Ma mentioned a chance to spread awareness of NIF’s objectives, but we want to focus on one that the fire function highlights and is more important.

Nuclear fusion systems has long been the subject of jokes that assert that” unification is and always will be the power supply of the future.” That statement’s next provision is no longer accurate. That calculus has been altered by a convergence of technological advancements in superconductivity, electrical materials, lasers, and technology.

These developments, according to the preface of our book Fusion’s Promise,” have dramatically changed the trajectory of fusion power, and the urgent need to reduce greenhouse gas production has provided a strong incentive to fund necessary Fusion R & amp ,” which means that” Fus’ promise of an affordable, low-pollution, abundant energy source is, at last, on track to being realized.”

This is a fantastic option for both public and private investment. However, we worry that the US federal is skipping the chance to offer the needed research funding in response. This is bad for the US as well as the global effort to realize coalition, in which the United States has been a key player.

True, there are still many obstacles to nuclear fusion’s ability to replace it in the business electric power industry. Our guide details a lot of excellent concepts that scientists are eager to advance.

That work is starting to receive private funding, but inadequate government funding for basic science is stalling advancement. This became clear in July of this year when appropriators from the US House and Senate refused to support President Joe Biden’s request for$ 1 billion to fund fusion research, an increase of more than 30 % over current levels. Otherwise, the status quo was maintained by both tanks. & nbsp,

Despite the research breakthrough from December, more than 30 % of President Joe Biden’s request for$ 1 billion to support fusion research was rejected by House and Senate appropriators in July. The US lagged on because both tanks maintained the status quo.

Congress, in our opinion, is allowing the US to lag behind in the global technological race by not increasing fusion funding, ignoring a significant economic opportunity, jeopardizing national security, and renunciating its moral stance on combating climate change — all for meager savings compared to the world energy expenditure.

Every year, the world spends about$ 10 trillion on energy, with fossil fuels accounting for 80 % of that total. Human society has been based on this energy technique for more than two decades. Our legitimate, economic, social, and physical systems all now use fossil fuels.

This needs to alter. Beyond environmental worries, our world is being devastated by the reliance on fossil fuels, which is also influencing politics and military strategy. However, the fact remains that those energy will eventually run out, and the majority of countries have never adequately prepared for this inevitable fact.

To solve this, integration power would be a crucial tool in humanity’s arsenal, but we haven’t all but come to the conclusion that we require it. In addition, & nbsp,

becoming a leader in coalition

The United Kingdom is pursuing coalition power with the greatest vigor of any nation in the world. The leadership of Ian Chapman, who was appointed chief executive of the United Kingdom Atomic Energy Authority( UKAEA ) in 2016, is largely responsible for this.

Chapman, a highly skilled plasma physicist, was chosen for this position due to his leadership skills, which he exhibited in positions like task force leader for the Joint European Torus & nbsp,( JET ) fusion reactor at Culham and head of tokamak science at the UK Fusion effort.

With more than$ 80 million in private investment, the UK now has a number of private companies working on fusion power, including Tokamak Energy and First Light Fusion. Additionally, the British and Canadian business General Fusion have agreed to construct their$ 400 million show grow in England.

Ian Chapman, also known as Sir Doctor, received a knighthood earlier this year in recognition of his job with the UK Atomic Energy Authority. Guernsey Press image

Chapman has developed a favorable environment for each of these businesses. The UKAEA created the Fusion Cluster in 2022, an inter-organizational body that establishes channels of communication, bodily coordinates resources, plans meetings, and lays the lawful groundwork for partnerships between the public and private sectors.

In order to station staff and enhance its technology, the agency has even built many centers of excellence. These include the largest helium handling facility in the world, a facility for superconducting electrical testing, and an institute for studying mechanical maintenance on fusion power plants.

The UKAEA started funding an internship program in 2022 that connects college students to the coalition sector. Students can work as interns for a coalition company, and UKAEA will cover some of their pay. Additionally, a sizable elliptical tokamak will be constructed with funding from the American government totaling 220 million pounds.

The United Kingdom is now the specialized head in the race to integration power thanks to all of this work. The calculation of how close a coalition system is to shield energy is known as Q, and the British hold the world record for it. The Joint European Torus produced 59 megajoules of coalition energy on December 30, 2021, breaking this report. & nbsp, With this accomplishment, the machine has reached net power by a third.

The American example shows how fusion energy can be supported by the government. We view Congress’s decision to reject the additional funds as a missed opportunity because the Biden administration had proposed an increase in coalition research funding that would have covered comparable programs in the United States.

To obtain coalition power, America possesses the necessary resources, skill, funding, and technologies. So why hasn’t Congress advanced this vision already?

The general public is still unaware of the advancements made in fusion technology, our proximity to shield power, and the effects it will have on the country’s energy sector, national security, climate change, or moral standing. This is due in part to political messaging.

We are hoping that significant technological advancements like the fire shot, intense private sector investor actions, and ongoing technological fusion will sway public opinion and motivate Congress to take action. Climate change won’t wait for countries to band up. In addition, & nbsp,

Fusion’s Promise: How Technological Breakthroughs in Nuclear Fusion Can Conquer Climate Change on Earth ( And Carry Humans To Mars, Too ), which was published by Springer Nature earlier this year, was co-authored by science writer Alfred B. Bortz PhD and staff scientist Matthew Moynihan PhD.

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Puerto Rico maneuver cost Microsoft  bn tax bill

The Pulitzer Prize-winning analytical office ProPublica first published this article as part of its line” Gutting the IRS: Who wins when a crucial organization is defunded.”

The IRS is understaffed and on the defence as a result of its protracted campaign to reduce its budget. For tax evaders, the wealthy, and large organizations, that is good news, but not for the underprivileged.

The largest assessment in the IRS’s history has finally made its second move after a long-awaited development. Microsoft disclosed last week that it owes the business$ 28.9 billion in returning fees, penalties, and attention.

The situation is enormous in terms of opportunity as well as money. The IRS saw the situation as an opportunity to demonstrate the agency’s usefulness, as ProPublica stated in a detailed narrative published in 2020. The IRS sought to become bolder and more violent because it was frequently intimidated by the idea of fighting off corporations with limitless resources. It made the strange decision to hire a business law firm to reflect the firm, which infuriated Microsoft. In response, the business and others in its sector gathered friends in Congress to control the IRS.

Since Microsoft is permitted to challenge the IRS’s findings and has stated that it intends to do so, the assessment has already been around for well over ten years and is likely to continue. The audit concentrated on a transaction that, according to the organization, was” unreal in nature and serves no real economic purpose other than to change income.”

According to ProPublica, Microsoft” sold its most valuable asset— its intellectual property— to an 85-person factory it owned in a small Puerto Rican city” in 2005. Microsoft channeled its revenue to the hospital, which burned Windows and Office application onto CDs, after reaching a favorable tax agreement with Puerto Rico.

Some Microsoft executives at the time were pleased with this” pure tax play ,” and they were right to be optimistic. The IRS first refrained from being aggressive. In 2011, a much more minor change was the result of an earlier assessment.

However, the IRS had established a new product earlier that year to accounting intra-company deals, particularly those involving tech giants like Google, Facebook, and Apple, which sent US profits to tax havens. The head of the novel division decided that a closer examination of Microsoft’s bargain in Puerto Rico was warranted. The IRS withdrew its first conclusion and began to construct a thorough, in-depth event.

The two sides had filed lawsuits by the time ProPublica published its audit-related article in 2020, and one situation had been pending for a while. A federal prosecutor still had not decided whether the IRS may get the papers it was seeking nearly three years after the last movements in the case. The decision was suddenly overturned shortly after ProPublica requested an update from the court.

The judge wrote that” the Court finds itself unable to avoid the assumption that a significant function, if not the only function ,” of Microsoft’s deals was to avoid or evade federal income tax, siding with the IRS. He concurred that the transaction was classified as a tax house by the IRS.

Up until Microsoft’s news, the case was hidden from the public for the following three years.

Senior Microsoft professional Daniel Goff wrote in a blog post on the company’s website that revealed the IRS ‘ decision that” we believe we have often followed the rules and paid the income we owe in the US and around the world.”

He wrote that the$ 29 billion the IRS was seeking covered the years 2004 to 2013. However, he claimed that the total would be decreased by about$ 10 billion in income that Microsoft has already paid on its overseas revenue if the IRS were to ultimately win.

Companies were required to return those profits, though they paid a unique, low tax charge when they did, and this condition was one of the key provisions of President Donald Trump’s 2017 income bill. By 2017, Microsoft had amassed$ 142 billion in offshore profits.

The battle enters a new step with the audit’s conclusion. Microsoft stated that it would continue its arguments there because the IRS has an inner appeals section. Since the IRS after indicated that it would prevent Microsoft from having access to an appeal, which resulted in backlash from the company’s allies in Congress, it is a significant development.

Because they are independent of the auditors, IRS appeals officers frequently settle cases for significant discounts out of concern that the organization will gain a legal challenge. The pertains procedure is kept private.

Microsoft can take its situation to the US Tax Court if it is unable to obtain the desired outcome it. The situation could easily go into the later 2020s because each phase will probably take years.

The number the IRS is seeking from Microsoft is many times greater than in any other publicly disclosed assessment in the company’s history, according to the attorneys who worked on the situation, who believed it to be by far the largest US assessment always.

In a way, the scenario represents the past, greatest remnant of the IRS before it was dismantled by budget cuts in the 2010s and organizational assessments plummeted. The Inflation Reduction Act’s new billion-dollar infusion will enable the organization to rebuild itself in the years to come, but the Microsoft case demonstrates that the results of those efforts might not be felt for a very long time.

For ProPublica, Paul Kiel covers business and consumer financing.

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Puerto Rico maneuver cost Microsoft  bn tax bill

This content was first released by ProPublica, an investigative office that won the Pulitzer Prize, as part of its line” Gutting the IRS: Who wins when a crucial organization is defunded.”

The IRS is understaffed and on the defense as a result of its protracted campaign to reduce its budget. For tax evaders, the wealthy, and large businesses, that is good news, but not for the underprivileged.

The largest assessment in the background of the IRS has finally made its second move after a long-awaited growth. Microsoft disclosed last week that it owes the business$ 28.9 billion in returning fees, penalties, and curiosity.

The situation is enormous in terms of both money and context. The IRS saw the situation as a chance to demonstrate the company’s success, as ProPublica stated in an in-depth narrative in 2020. The IRS set out to become bolder and more intense because it was frequently intimidated by the idea of fighting off companies with limitless tools. It made the strange decision to hire a business law firm to reflect the firm, which infuriated Microsoft. The business, along with others in its sector, retaliated by banding together friends in Congress to control the IRS.

Since Microsoft is permitted to challenge the IRS’s findings and has stated that it intends to do so, the assessment has already been around for well over ten years and is likely to continue. The assessment concentrated on a transaction that the organization would later characterize as” false in nature, serving no product economic purpose except to move income.”

According to ProPublica, Microsoft” sold its most valuable asset— its intellectual property— to an 85-person factory it owned in a small Puerto Rican city” in 2005. Microsoft channeled its revenue to the hospital, which burned Windows and Office application onto CDs, after reaching a favorable tax agreement with Puerto Rico.

Some Microsoft executives at the time were pleased with this” pure tax play ,” and they were right to be optimistic. The IRS did not initially get an aggressive stance. An earlier assessment in 2011 led to a much more minor change.

However, the IRS had established a new product earlier that year to accounting intra-company offers that sent US earnings to tax havens. These deals were particularly prevalent among tech companies like Google, Facebook, and Apple. The new unit’s chief decided it would be wise to take a closer look at the Microsoft package in Puerto Rico. The IRS withdrew its first conclusion and began to construct a thorough, in-depth event.

The two factors had filed lawsuits by the time ProPublica published its report on the assessment in 2020, and one situation had been pending for a while. A federal prosecutor still had not decided whether the IRS may get the papers it was seeking nearly three years after the last movements in the case. ProPublica asked the court for an update soon after, and the decision was eventually overturned.

The prosecutor sided with the IRS, declaring that” the Court is powerless to prevent the conclusion that Microsoft’s deals served a considerable, if not the only, purpose of avoiding or evading federal income tax.” He concurred with the IRS’s description of the transaction as a tax haven.

The event was hidden from public view for the following three years until Microsoft’s news.

Senior Microsoft professional Daniel Goff wrote in a blog post on the bank’s website that revealed the IRS ‘ decision that” we believe we have always followed the rules and paid the income we owe in the US and around the world.”

He claimed that the IRS’s$ 29 billion request covered the years 2004 to 2013. However, he claimed that if the IRS ultimately won, the amount of taxes that Microsoft has already paid on its overseas profits would be reduced by roughly$ 10 billion.

Companies were required to return those profits, even though they paid a specific, reduced tax rate when they did, which was one of the main provisions of President Donald Trump’s 2017 income expenses. By 2017, Microsoft had amassed$ 142 billion in offshore profits.

The audit’s finish propels the conflict to a fresh stage. Microsoft stated that it would continue its arguments in the IRS’s inside appeals division. It’s a major growth because the IRS had previously indicated that it would prevent Microsoft from having access to an appeal, which resulted in backlash from the business’ allies in Congress.

Because they are independent of the auditors, IRS appeals officers frequently settle cases for significant discounts out of concern that the organization will gain a legal challenge. The pertains procedure is confidential.

Microsoft can take its situation to the US Tax Court if it does not get the outcome it wants it. The situation could easily go into the later 2020s because each move is likely to take years.

The number the IRS is requesting from Microsoft is many times greater than in any other publicly disclosed assessment in the company’s history, according to the attorneys who worked on the situation, who believed it to be by far the largest US assessment always.

In a way, the scenario represents the past, greatest remnant of the IRS before it was dismantled by budget cuts in the 2010s and organizational assessments plummeted. The Inflation Reduction Act’s current infusion of billions will enable the agency to repair itself in the years to come, but the Microsoft case demonstrates that the results of those efforts may not be felt for a very long time.

For ProPublica, Paul Kiel handles business and consumer financing.

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Capitalism ‘a threat’ to democratic progress, critics say

According to a conference, Thailand’s politics has not advanced much since the student uprising on October 14, 1973.

The Oct. 14 Institute Foundation hosted the website at the Royal Rattanakosin Hotel to remember the sacrifices made by pro-democracy activists, including students, who lost their lives five decades ago fighting a military dictator.

Some people attended the event, including those who took part in the rising fifty years ago. The student rebellion, according to Peerapol Triyakasem, chairman of the foundation, marked the beginning of Thailand’s political movement to free the nation from military rule in a variety of fields, including banks, trade, and investments.

Capitalism started to have an impact on the political structure after the insurrection, he claimed. According to him, entrepreneurs evolved from being financial backers with sway over democratic parties to becoming influential people who have the power to compel the selection of a prime minister.

He added that Thailand has not been focused on sustainable development and justice for the past 50 years and that politicians is a business for interested parties to discuss joint benefits between politicians and capitalists.

According to Chaiphan Prapasawat, an advisor to the Assembly of the Poor, capitalism poses a serious threat to elections because many institutions use the word” development” to describe the development of massive projects. He added that it has had a negative impact on societies and that the nation has not learned that some concessions made to private companies connected to lawmakers were approved without thorough research. He asserted that NGOs must persuade localities to take part in all state initiatives.

Previous permanent secretary at the Finance Ministry Sathit Limpongpan urged the government to decentralize creation and investments to other regions outside of Bangkok as well as other major cities like Chiang Mai, Nakhon Ratchasima, and Phuket during the conference. According to him, the government ought to have a schedule for each province’s sustainable growth.

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Hurt ripples in wake of Indigenous Voice vote

Nigel Browne( A ) Parksinon / BBC

On Sunday, Nigel Browne awoke wondering where he belonged in Australia— a terribly ironic lot for one of its First Peoples. They have been a part of the nation for at least 65 000 years and are the oldest living society on world.

A vote on whether to recognize Aboriginal and Torres Strait Islander people in the country’s 122-year-old law and give them more democratic say was rejected by Australians the day before.

There was no hope that the” Voice to Parliament ,” a group of Indigenous people who serve as advisors, had miraculously solve their issues.

The Voice was a novel strategy that gave many people some hope when existing attempts to” close the gaps” in existence outcomes between First Nations people and non-Indigenous Australians have otherwise seen some extend.

That glimmer is gone now that a resounding 60 % of people have voted” No ,” and the entire country is tending to the wounds brought on by months of brutal debate.

According to Mr. Browne,” to me it essentially says that you are still not a part of the country that’s supposed to be … the nation of fair go.”

You are not my similar, it says. What about your rates of child deaths, prison, education, and health? Take it all up.

Australia refers to itself as” the Lucky Country ,” he continued. But who is happy, is the problem?

A painful conversation

Mr. Browne was one of the more than 250 individuals from numerous Aboriginal and Torres Strait Islander countries who signed the Uluru Statement from the Heart in 2017. This ancient petition calls for, among other things, the Voice.

It was the outcome of decades of lobbying by well-known Indigenous Australians and was founded on a more than century-long fight for independence and acceptance.

The Larrakia Wulna man said,” We came up in good faith with an offer to the nation to assist Aboriginal Australia in rising up on its own bootstraps.”

The Uluru Statement was rejected by the then-government in 2017, and six years later, their arguments against it are essentially the same. They claimed that it would have too many sway over parliament and grant Indigenous people more rights than additional Australians.

Anthony Albanese, the new prime minister, claimed that the Voice voting may bring Australia together following a change in government next year. Some, however, remained certain that such a proposal had split it.

It even came under fire from a group of Aboriginal people who felt it wouldn’t be strong enough, as well as some who claimed it was merely an act of symbolism and that money would be better spent on quick fixes.

As poll indicated the plan was likely to fail, there was a growing sense of doom among backers even in the days leading up to the election.

Dancers from East Arnhem Land at the summit's opening ceremony

shabby graphics

I’ve now started crying over it. Two days before the election, Mililma May told the BBC,” I cry about every day with the fear of a No ballot.”

The Kulumbirigin Danggalaba Tiwi woman from the Northern Territory( NT ), who had initially been wary of the Voice, later rose to prominence as one of its most vocal backers.

” It’s such a straightforward concept. The least we deserve is an opinion and seated at the table.”

However, Ms. May feels that during the promotion, not only her human rights but also her” humanity” were in question.

The leader of the opposition referred to the president’s remarks as” brave” as a former PM, former curate, and sitting Indigenous senator all argued that colonization was good for Indigenous people.

Online trolls argued over whether or not politicians were sufficiently Aboriginal to have any impact. For First Nations folks on all sides of the battle, racism was so pervasive that officials advised social media companies to take action.

She was forced to leave her home due to death threats made against one Indian legislator, and Nyunggai Warren Mundine, a campaigner and Bundjalung man, openly admitted that the attacks had led to his suicidal thoughts.

As Australia’s typically calm electoral commission repeatedly called for polite and honest debate, national helplines were receiving a deluge of calls from Aboriginal people.

Ms. May claimed that while she has made an effort to remain” delusionally optimistic ,” the referendum process has been discouraging.

” As you’re moving down the street, people are asking you,” Did you just voting No?” Did you really say that it doesn’t matter if I speak?

It’s such a profound experience, and sitting with it is really nervous.

She claims that this week’s departure from community was motivated by a sense of unease on her own ancestral land and paranoia in the streets.

” No” candidate Steve Rodgers also concerns that the election may have had long-term negative effects.

The 76-year-old declared outside a voting place on Saturday that he was not against the concept of the Voice and simply wanted to remove it from the country’s founding report.

He makes the contested claim that the referendum could make Indigenous people” more equal” than other Australians, saying,” I’m regarded as being a bad guy among some of my friends… [ but ] I just don’t want racism in the constitution basically.

Steve Rodgers at a polling booth in Darwin

( A ) Parksinon / BBC

To be completely honest, he said,” I’ve been disappointed in the No campaign, and I don’t think it really hit the mark.”

” I cast a no vote. However, there is a piece of me that believes the Yes vote will prevail because I believe there are so many people who are deeply affected by this.

However, the election was around even before the NT time area polls were closed.

A TV broadcast the fight, based on other findings, in an empty space in Darwin that had been set up for a Yes group. Just in time to learn that the NT had also voted” No ,” volunteers and campaigners began to arrive.

Some sobbed. Another gave each other hugs. One charity told the BBC,” The world is watching.” It’s uncomfortable, to put it mildly, another said.

This was not a case of” do or die.”

In the fall-out on Saturday, Yes after Yes figures, including the PM, asserted that false information had tarnished the battle.

Separate fact-checkers claim that compared to recent elections, there is now more misinformation and disinformation about the Voice discussion.

Warren Mundine, a campaigner for No, countered that the opposing viewpoint failed to adequately explain how the Voice may operate or how it would alter people’s lives. Instead, he claimed, his team’s concept that all Australians may be treated equally had been heard.

There are some Indian individuals who may suffer as a result of putting up this idea, which was rejected, but for good causes.

A largely empty Yes event

( A ) Parksinon / BBC

Both sides may concur that they are relieved that this bruising battle is over.

It’s not like we’re dancing and drinking a dozen beers away here; the hard work has begun, Mr. Mundine said.

Some have proposed the idea of a second referendum that recognizes Aboriginal people in the law but does not establish an advisory body, such as opposition head Peter Dutton. Some have suggested that the government might pass legislation to establish the Voice, but Mr. Albanese has ruled that out.

There are also concerns about how this affects the Uluru Statement’s another objectives of making treaties and telling the truth about Australian history.

The biggest concern, according to Mr. Browne, is that it simply becomes another offer of relationship with the American people, another file to be hung on the wall in Parliament House, and yet another representation of” coca, woulda, shoulda.”

Mr. Mundine, who had previously backed contracts, asserted that he thought the vote indicated that Australians had completely rejected the Uluru Statement.

After this, a lot of the message is that peace is useless. Myles Jerrard, a Kamilaroi Dhungutti person who also opposed the Voice, declares,” There’s no hope for tomorrow.

He did, however, claim that he disagreed with that point of view.

We are a tenacious and combative individuals. We need to go back to the drawing table and come up with better options because this is not a do-or-die situation, he said.

However, those who support Voice worry that this outcome is a command to do nothing.

According to Mr. Browne,” Institutions may accept it as…” People are content with the status quo.”

People from the Aboriginal and Torres Strait Islander communities claim they cannot manage to do nothing and are now thinking of other ways to bring about change.

Ms. May responds,” It’s just another shot in the backside.”

The long-standing belief of oppressed individuals all over the world is that we end up fighting the same battle for the things that our elders have been fighting for and which we hope to not go on to our kids.

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China’s roads win hearts in South Asia – but at a cost

Bactrian camels at Lake Karakul on the Karakoram Highwayshabby pictures

Pakistan’s Khunjerab is a high-altitude desert that is both clean and cool. Some of the highest peaks in the world can be found in this rough landscape, which is surrounded by towering mountains, immaculate glaciers, and snowy meadows.

A very proper road that runs through it connects China to Gwadar slot on Pakistan’s south-west coast.

Since it was first used for trade and travel, the Silk Road has played a crucial role in Beijing’s Belt and Road Initiative ( BRI ) over the past ten years.

President Xi Jinping’s vision to rebuild the ancient way heralded the development of transport links across South Asia, in the process developing poorer nations and helping Beijing win friends abroad. It was described as” one of the most ambitious infrastructure projects ever conceived.”

The West has long been watchful of Beijing’s actions because it believes that these purchases will enable China to build a network of slots for its army to use in Africa, the South China Sea, and the Arabian Sea. China has refuted this.

More than 145 nations, representing nearly 75 % of the world’s population and more than half of its GDP, have joined the BRI as of today.

The China Pakistan Economic Corridor ( CPEC )-$ 60 billion(£ 49 billion ) is the largest project to date. Its initial funding was set aside for the construction of roads, railways, and pipelines through this isolated and difficult region of Pakistan.

In the end, it was intended to eliminate the need for extensive sea routes around South and South East Asia by connecting to oil and gas pipelines from northern Asia and the Middle East straight into eastern China.

China made a lot of perception by expanding this part of Pakistan. It provided a gate to Afghanistan and the rare earths that might be buried there, as well as the chance to secure the porous borders with its own restless Xinjiang region, and it could serve as counterweight to long-time rival India.

disruptions and corruption

Although progress has been made, problem, difficulties, and other problems, such as economic and security concerns, have plagued CPEC, like so many other BRI tasks. The Gwadar interface, which was intended to serve as a premier service, is still deserted and shows no signs of arriving or departing cargo.

Presentational grey line

Ten years after Xi Jinping unveiled the Belt and Road Initiative, this is the next in a series of articles that examine Chinese investment worldwide.

Examine the first account of the shady Chinese companies that control portions of Cambodia and the second account, Career in Laos: A nation on the verge.

Presentational grey line

A large portion of that has to do with Pakistan’s personal financial issues. It was plagued by higher inflation, reduced growth, and a weak dollar earlier this year and was on the verge of default. Authorities were struggling to pay for the goods required to build CPEC system while material workers were being laid off and companies were closing because businesses couldn’t afford raw materials or power.

In the end, a$ 3 billion bailout program was approved by the International Monetary Fund ( IMF ) in July. However, Pakistan also owes$ 100 billion in additional debt, with China owing one-third of it.

And Pakistan is not the only nation that is in this situation.

Since the BRI’s origination, China has grown to be the biggest bank and a key source of investment for many developing nations, and as this relationship develops, many South Asian neighbors of Pakistan are now at odds with one another.

According to Constantino Xavier, a brother in international policy and safety studies at the Centre for Social and Economic Progress in Delhi, Nepal, Sri Lanka, and Bangladesh saw the BRI after 2013 as an opportunity to expand options and draw much-needed exports and opportunities to modernize their markets.

Now, however, the grass appears less natural. In Sri Lanka, China has turned unsustainable infrastructure investments into long-term leases that threaten independence, and in Bangladesh, it is becoming clear that China’s promised grants are actually expensive loans.

adhering to the rules

Beijing has changed the way it helps these nations as well. According to one study, between 2008 and 2021, China spent$ 240 billion bailing out 22 nations.

Asian leaders at the last Belt and Road Forum in 2017

shabby pictures

In the end, Beijing is attempting to save its own institutions. According to Carmen Reinhart, a former World Bank chief economist and one of the survey’s artists, that is why it has entered the difficult enterprise of global loan financing.

China is secretive about the amount and terms of its loans and often pardons debt. When more than one global provider is involved, experts claim that makes it challenging to reorganize debt.

What can happen in situations like Sri Lanka, which experienced significant societal upheaval and social upheaval after running out of international resources, is that nations enter a period of trying to pay back attention, restricting the economic growth that may help them pay off the debt in the first place. Individuals start losing their jobs, inflation spikes, and essential goods like food and fuel become unaffordable when the money stops coming in.

China has extended payment dates and offered emergency money.

However, experts claim that this is untrue despite criticism that it is using” debt trap diplomacy ,” a term popularized by the Trump administration and in which debtor nations offer significant assets as collateral.

They continue by saying that because China’s banks are dangerously exposed to internally indebted real estate companies, these unusual money have no benefit for the country.

China frequently contributes to these nations’ financial woes, but its loans are undoubtedly not the only problem, according to Ana Hirogashi, an analyst at the study test Aid Data. She adds that transparency regarding the funding is a problem, but like in Sri Lanka, Beijing later enters the picture.

As part of an effort to rebuild its debts and open the door for the acceptance of the IMF’s$ 2.9 billion loan deal, Sri Lanka has reached agreements with bondholders China and India.

The next question is: Why has China allied itself with nations with like subpar financial foundations? For instance, analysts point out that rather than investing in Gwadar, China may include expanded Karachi slot if it really wanted to develop Pakistan.

” Opportunism and politicians are present in Chinese investments. Meia Nouwens, head of the China Programme at the International Institute for Strategic Studies ( IISS ), says that bilateral political ties with the recipient countries’ governments could be strengthened.

” China uses this as an example to support its own claim that it is the Global South’s head, supporting developing nations and being aware of and responsive to their wants.”

In comparison to commercial lenders, China’s talks are renowned for having fewer problems and finishing in less time. Additionally, multilateral organizations like the World Bank and International Monetary Fund ( IMF) take their time and frequently include environmental and social riders in their aid pledges.

According to Ms. Hirogashi,” many leaders in the Global South are dealing with poll cycles and need tasks to be finished quickly with little plan conditions.”

The path back

Analysts note that despite both successes and failures, some developing countries’ financial prospects, including those in South Asia, will continue to improve thanks to infrastructure that was otherwise not built.

” China’s BRI has accelerated South Asian growth and development, compel India and other nations to get better and quicker ways to deliver choices.” Beyond China and India, there are now several more players in the region, such as Japan or the European Union, making it an open area for geo-economic competition, according to Mr. Xavier.

For example, the G7 unveiled a strategy to increase infrastructure investment in low – and middle-income nations last month. The India-Middle East-European Economic Corridor ( IMEC ), which aims to establish a trade corridor between India and several Gulf nations as well as other Middle Eastern and European nations, was also announced this month in conjunction with the G20 summit. President Joe Biden stated that there would be more like passageways in the future, and the US is involved.

According to Mr. Xavier, China has” entrenched, native economic and political professional across South Asian places.”

However, as China’s economy slows down, another change in the international order might get imminent.

Countries in the region are then rebalancing towards India, Japan, the United States, European Union, and additional traditional companions as China shifts its development model towards domestic consumption and there is less money available to be deployed to South Asia. This is evident in Sri Lanka, where China hasn’t done much since the nation’s economic proxy, according to Mr. Xavier.

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Whistleblowers make the world safer. How can Singapore be safer for them?

A LEGISLATIONARY Hodgepodge

Whistling has a history of defending businesses from accidental people all over the world.

More than 2, 000 instances of fraud committed by people against the organizations that employ them were examined in a 2022 international study by the Association of Certified Fraud Examiners, totaling loss of more than US$ 3.6 billion.

It discovered that 42 % of this fraud was first discovered through tip-offs, compared to 16 % through inner audit. Workers themselves provided more than half of those tip-offs.

According to Mr. Abdul Jabbar, head of the corporate and transactional group at Rajah & amp, Tann Singapore, whistleblowers in Singapore are protected by pieces of legislation aimed at particular groups of informants or types of information.

For instance, those who report problem are protected by the Prevention of Corruption Act. Those who report safety violations and accidents in a work environment are protected by the Workplace Safety and Health Act.

The Companies Act shields auditors from responsibility for reporting scams in good faith and from libel lawsuits. According to Mr. Jabbar, independent legislation specifically addresses reporting regarding income tax, extremism financing, competition issues, and drug trafficking.

There are laws for some officials as well. According to the Singapore Exchange Regulation ( SGX RegCo ), listed companies are required to uphold a whistleblowing policy and to describe how they do so while maintaining independent oversight of it.

Financial institutions are required by MAS to create official reporting programs that include safeguards against employees who voice concerns and ensure anonymity.

However, this also leaves a gap.

Mr. Jabbar continued by pointing out that the present mishmash of policy in Singapore is insufficient to address various segments of whistleblowers.

Simply listed businesses and financial institutions are covered by the SGX RegCo and MAS suggestions, which lack legal authority. This excludes a sizable group of companies, including private businesses and governmental organizations.

Reporting on bribery or work protection does not provide protection for those who report common error in the workplace, which may include fraud, fraud, misappropriation of company funds, collusion, and theft.

Additionally, there is no specific regulations that safeguards those who report economic crimes.

According to Mr. Jabbar, where there is security, it is uneven and varies depending on the situation. For instance, while some laws allow privacy, others shield people from revenge.

Additionally, there are no communicate clauses that lessen whistleblowers’ criminal sentences for taking part in the illegal action they reported. Sentences are generally up to the courts’ discretion.

According to the attorney,” one clear law that provides comprehensive protection on all sides, including against torment, trial( and) civil actions like slander will be good.”

Another feature of the law that affects whistleblowers is mandatory reporting requirements. In some circumstances, people and businesses must disclose data they have or risk being held accountable for an offense.

According to Ms. Celeste Ang, main at Baker McKenzie Wong & amp, Leow, such responsibilities can be found in Singapore’s Criminal Procedure Code, legislating to curb violence financing, and anti-money laundering legislation.

A person who has cause to believe that a property is involved in an offense under the Corruption, Drug Trafficking, and Other Serious Crimes( Confiscation of Benefits ) Act is required to disclose the information in accordance with anti-money laundering legislation.

The responsibility is relevant to businesses as well if the individual came across the information during the course of their employment. For breaking the law, there are consequences, such as a good and incarceration for up to three years.

The exact Act stipulates that the informant’s identity and information are not to be made public.

Information about the commission of or intention to commit an” arrestable offense” must be reported in accordance with the Criminal Procedure Code. This includes a wide variety of crimes, including murder, rape, extortion, and assault.

According to Ms. Ang, acts of intimidation, harassment, and bias do not fall under the reporting requirement.

However, in Asia-Pacific, such deeds predominate journalist problems, accounting for 72 % of them in a study of Japan, island China, Hong Kong, Singapore, and Australia that Baker McKenzie published last year.

Given the potential for revenge, Ms. Ang said it is crucial to have regulations that safeguards sources at work.

If they are perceived as a” known informer ,” they may be fired from their jobs, have their positions or responsibilities negatively altered, experience emotional distress, and have difficulty finding employment elsewhere.

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Space Week ready for lift-off

Thailand’s ability and business opportunities in the area economy will be on display during Thailand Space Week 2023, which will take place from October 25 to 27 in Bangkok.

According to Geo-Informatics and Space Technology Development Agency( Gistda ) spokesman Natthawat Hongkarnjanakul, the event is a collaboration between local and international partners on the development of space technology and related technologies.

Leading companies like Airbus, JAXA, and AWS-Amazon will host a website where they will discuss the creation, advantages, or rapid growth of space-related businesses. This forum will be one of the highlights.

Additionally, it will highlight the development of Thai room technology, which strengthens the business and promotes long-term social and business growth, he said.

He added that he would even address the private sector’s position in this and any potential effects.

Registration is free, and the three-day celebration will be held at the Queen Sirikit National Convention Center.

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Girl’s foot trapped in escalator at mall

Baby suffers a bottom injury, and parents are unhappy with the speed of the response and the rescue efforts.

Girl's foot trapped in escalator at mall
At the Megabangna shopping center on Friday, workers and rescuers are working to open a woman’s foot from an escalator. ( Photos provided )

According to reports, a four-year-old lady was hurt on Friday night when her right foot got stuck in an elevator in samut Prakan’s Bang Phli neighborhood.

The girl’s mother, whose identity was withheld, revealed to investigators that she, her father, and girl were taking the elevator down after visiting the kids’ park in Megabangna. Her daughter instantly fell as they were about to exit the elevator when her proper footwear became stuck in the escalator.

Before the elevator may hurt anyone else, the kids and onlookers were able to press the emergency stop button.

The boy’s father yelled for assistance to update mall authorities, but he was displeased with the lack of readiness to handle for emergencies. Witnesses claim that team arrived after more than five days.

The mother claimed that the staff took a long time to figure out how to properly open the youngster from the elevator because she and her spouse were not happy with the delay in response time.

She claimed that when the staff quickly erected barriers to keep others from seeing the event, her husband also felt that they lacked empathy.

The girl was taken to Samitivej Srinakarin Hospital after being released from the stairway. Her kids were billed 7, 000 ringgit for medical expenses after she sustained a correct ankle injury.

The mother claimed that her daughter was now hesitant to go to the playground because of the emotional trauma caused by the incident. The family urged the mall’s management to improve safety measures and monitor the wellbeing of those who had been impacted by such incidents in order to truly care about customers.

Safety officers and medical staff quickly intervened after the patient’s plastic boot got stuck and the escalator broke down, according to an official statement from Megabangna management on Saturday.

There were no injuries, but slight injuries were seen on the ankle, according to the surgeon’s report. The patient has been treated and has carefully arrived home, according to the speech.

The mall claimed that specialized businesses routinely inspected and maintained its equipment, and that safety precautions, like caution signs about how to use an escalator, are always on display to ensure everyone’s safety.

A four-year-old girl’s foot got stuck in an elevator on Friday, causing a foot injury.

Since an incident at Don Mueang airports on June 29 in which a person had to have her foot amputated after it became stuck in an moving walkway, people worry about elevators and similar products has grown.
The victim’s foot fell through the opening as she approached the end of the sidewalk after a footplate broke free from its mounting frame, according to Airports of Thailand.

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