The Palang Pracharath Party (PPRP) yesterday urged voters in Chiang Mai to vote for change in the general election, saying a national reconciliation plan touted by its leader would lead to prosperity and sustainability.Continue Reading
Malaysian Prime Minister Anwar Ibrahim’s recent call for the revival of an Asian Monetary Fund (AMF) “to reduce reliance on the dollar or the International Monetary Fund” (IMF), raises the question of whether an AMF was necessary in the first place. Japan proposed the idea of an AMF shortly after the outbreak of the Asian Financial Crisis in July […]Continue Reading
The hot season in Thailand is nearing its end with the rainy season due to officially arrive in mid-May, according to the Meteorological Department.Continue Reading
BEIJING: Pummelled by a housing crisis that caused a record-breaking slump last year, some Chinese property developers are starting to see light at the end of the tunnel, but analysts warn the sector is still on course to slow down in the long term. The real estate industry grew atContinue Reading
Energy activists and politicians have expressed reservations about a decision by an Energy Regulatory Commission (ERC) subcommittee to cut the electricity rate from May to August, saying it does not address the real cause of expensive power bills.Continue Reading
Financial markets are flashing a range of danger signals about the path Washington and the Fed are on now. They reflect the weakened ability of the Fed to fight inflation, as the present confrontational talks about the federal government’s budget add to compounding mistaken policies since 2008. The 10-Year Treasury is at 3.4% where it […]Continue Reading
SAMUT PRAKAN: A pregnant woman with a bad gambling habit has been arrested for the theft of eight-baht weight of gold ornaments worth more than 250,000 baht from a shop in Muang District.Continue Reading
China’s powerful stock rally has a remarkably important driver of momentum behind it: the nation’s 1.4 billion consumers. After a lackluster start, households are finally getting on board the post-Covid-19 reopening trade – and doing so en masse. In March alone, retail sales jumped 10.6% year on year. According to the National Bureau of Statistics, […]Continue Reading
SHANGHAI: China’s Foreign Minister Qin Gang said on Friday (Apr 21) that both sides of the Taiwan Strait belong to China, and that it is right and proper for China to uphold its sovereignty. Qin made the remarks at the Lanting Forum in Shanghai, where he discussed a wide rangeContinue Reading
The Energy Regulatory Commission (ERC) is expected to announce a reduction in the fuel tariff (Ft) from May to August on Friday, which will bring down the power tariff rate for households to 4.70 baht per kilowatt-hour unit, from 4.77 baht per unit.Continue Reading