China philippines news today

The next political challenge for Thai PM Prayut Chan-o-cha is next month when a censure motion is put to the lower house by opposition MPs. The debate is scheduled for July 18 – 22 and there is no certainty how the votes will eventually fall at this time. Renegade MPs, new political factions, the PM’s falling popularity, and a looming general election will all play a factor in the final result for Prayut and the ruling Palang Pracharat Party. Moving Forward Party MPs will be leading the charge, attacking the performance of the prime minister and 10 of his other leading ministers. This is the fourth such censure debate against the PM and government since the 2019 general election. They’ve so far survived all votes on the lower house floor, along purely party lines. The ruling Palang Pracharat coalition has a tenuous majority and relies on the 17 coalition partners to push through any legislation. The largest rumps of support come from the Democrats and Bhumjaithai, the … [Read more...] about Thailand News Today | “The Last Supper of the Prime Minister”

The opposition will be going after the government for its botched happy plant decriminalisation and legalisation laws. Or, specifically, their lack of details and the loose ends left dangling for Thais and foreigners to navigate. Politics aside, the June 9 announcements about the C plant in Thailand were broadly misinterpreted to be a blanket legalisation of the plant and all of its derivatives. The actual details and legislation haven’t even been tabled in parliament for debate, so the opposition is now targeting the government over its botched announcements on, what some believe, is a crucial societal issue that requires a proper debate. The opposition parties, led by Pheu Thai and Move Forward, will likely focus on hot issues like underage addiction, school kids and drugs, illicit drug use in Thailand, perils of long-term use, dangers to society, among a myriad of topics. The topic also brings additional focus to the deputy PM and public health minister, Anutin … [Read more...] about Thailand News Today | Backlash over sloppy happy plant guidelines

ANTWERP, June 23 (Xinhua) -- China's women's 3X3 basketball team powered into the last eight at the FIBA World Cup after claiming victories over Lithuania and Germany on Thursday. The FIBA World Cup is Team China's first international tournament after the Tokyo Olympics, where they finished with a bronze medal. Three of the current team's four players - Wang Lili, Zhang Zhiting and Wan Jiyuan played at Tokyo 2020, while Cao Junwei came in as a replacement for Yang Shuyu, who has been capped for the 5X5 national squad. "We haven't played on the international stage for a long time, so it took time for us to adapt ourselves to the intensity and speed of the high-level matches," said captain Zhang. The 26-year-old Zhang bagged game-high nine points to help China defeat Germany 21-10 in their last group match. Debutant Cao contributed six, while Wang and Wan both had three. In earlier action, 29-year-old Wang fired from the outside in the last minute when the score was tied 11-11 to … [Read more...] about China’s women’s team reaches quarterfinals at FIBA 3×3 World Cup

AYUNGIN SHOAL, West Philippine Sea (Philippine Daily Inquirer/Asia News Network): China is closely watching this patch of reef, one of the maritime features occupied by the Philippines in the West Philippine Sea, as if ready to seize it at the earliest opportunity to establish firm control over that part of the South China Sea. Its coast guard recently deployed at least two ships that sail around and guard Ayungin (Second Thomas) Shoal, warning Filipino supply boats against carrying construction materials to repair the Philippine Navy’s BRP Sierra Madre, a decrepit World War II-vintage landing ship tank that serves as a military station here. The Inquirer saw up close how the Chinese acted as if they already owned the place during a rare opportunity that it was allowed to observe the Philippine military’s rotation and resupply (RORE) mission to some of its detachments in the Kalayaan Island Group (KIG) in the Spratlys archipelago. The military uses Philippine Navy vessels for its … [Read more...] about Eyewitness account at Ayungin Shoal: China force vs Philippine grit

MANILA (Philippine Daily Inquirer/Asia News Network): Joint oil and gas exploration discussions between the Philippines and China have been “terminated completely” upon the instruction of President Rodrigo Duterte, his foreign affairs chief said Thursday (June 23). “The President had spoken. I carried out his instructions to the letter: oil and gas discussions are terminated completely. Nothing is pending; everything is over,” Foreign Affairs Secretary Teodoro Locsin Jr (pic) said in a speech during the 124th founding anniversary of the Department of Foreign Affairs (DFA). “Three years on and we had not achieved our objective of developing oil and gas resources so critical for the Philippines – but not at the price of sovereignty; not even a particle of it,” he added. It was in 2018 when Manila and Beijing signed a memorandum of understanding, creating the framework for future negotiations on joint oil and gas explorations in the West Philippine Sea. The Philippines has long … [Read more...] about Locsin: Philippine-China oil and gas talks ‘terminated completely’

Malaysia: * AirAsia to fly direct from KK to Bangkok starting next month * PM: Chicken prices will not be floated * MATTA launches online travel marketplace * Efforts to shine a light on Sabah's gibbons through Kota Belud project * Use authorised channels to recruit foreign maids or risk termination, warns Papa * Report: Gojek says no plans to enter Malaysia market after vehicle with logo spotted in town * JPJ says renew driving licences before June 30 or take test again * Tajuddin removed from Umno supreme council * Tajuddin himself should know why he was removed, says Ahmad Zahid * NGOs question AGC's 'impermissible' amendment argument in M'sian mothers citizenship case * eBusKK - Sabah’s first electric bus takes off in KK Singapore: * Travellers landing at Changi report missing luggage following chaos at origin airports * Residents rush to help when they learn of toddlers in burning Marsiling flat * Jail for cop who harassed vulnerable teen linked to … [Read more...] about Asean News Headlines as at 9pm on Friday (June 24)

Malaysia: * Palm oil firm Kulim receives first post-pandemic migrant workers * Pollution shuts Sg Semenyih treatment plant for four hours, water supply not affected * Covid-19: New infection wave may emerge sooner than expected, says KJ * Malaysia's Election Commission gears up for GE15 * Covid-19: Cases on the rise in Sabah, says Masidi * Cradle Fund murder trial: AGC files appeal over verdict * Sabah sea curfew extended to July 9 * Nine Indonesians jailed, fined for illegally possessing gaharu wood Singapore: * Elderly woman lived with dead son for a week in Singapore flat * Two toddlers rescued from fire in Singapore flat; 60 residents evacuated * Singapore begins importing renewable energy from Laos via Thailand, Malaysia * US recession will drag Asia's growth but region may avoid a sharp downturn: analysts * Man in SG charged for possessing S$28,500 in accounts allegedly used to launder scam monies * 18 months' probation for Singapore PR who posted … [Read more...] about Asean News Headlines as at 9pm on Thursday (June 23)

Share to Twitter Share to Linkedin Unpredictability in China at a time when much of the world is moving beyond the Covid pandemic is “poisonous” for companies doing business in the country, according to a new report today by the European Union Chamber of Commerce in China “The only thing predictable about China today is its unpredictability, and that is poisonous for the business environment,” said Bettina Schoen-Behanzin, vice president of the European Union Chamber of Commerce in China. “Increasing numbers of European businesses are putting China investments on hold and re-evaluating their positions in the market as they wait to see how long this uncertainty will continue, and many are looking towards other destinations for future projects,” Schoen-Behanzin said. While most European companies in China posted positive revenues and were profitable in 2021, doing business became more difficult for the majority, according to the newly released … [Read more...] about China’s Unpredictability Is “Poisonous” For Its Business Environment, EU Chamber Says

MANILA (Philippine Daily Inquirer/Asia News Network): The Philippines plunged further on Thursday (June 23) closing at 54.7 against the greenback, according to the Bank Association of the Philippines’ (BAP) foreign exchange summary. This puts the local currency at its weakest since Nov 11, 2005, when the Philippine peso closed at 54.71 versus the US dollar. Despite this, the Bangko Sentral ng Pilipinas (BSP) during its Monetary Policy Stance press briefing on Thursday remained firm that the year-to-date Philippine peso average, which is currently at P51.98, is still in line with the Development and Budget Coordination Committee’s (DBCC) assumption of P51-P53:$1 for 2022. “We can see that the recent weakening of the peso along with other currencies in the region is consistent with [the] more aggressive monetary policy normalisation in advanced economies, particularly the US Fed,” BSP Deputy Governor Francisco Dakila Jr said during the briefing. Since the Philippine peso performs … [Read more...] about Philippine peso further weakens to 54.7 against US dollar

Share to Twitter Share to Linkedin A fall in the price of solar glass and rising costs for raw materials have contributed to a warning of a drop in first-half profit at Xinyi Solar, one of the world’s largest suppliers of glass to the solar power industry. Profit is likely to drop by 33% to 43% from HK$3.07 billion a year earlier, based on preliminary five-month data, the company said in a statement Friday evening, Xinyi Solar, controlled by Chinese billionaire Lee Yin Yee, fell 3.5% in trading at the Hong Kong Stock Exchange to HK$12.66 at approximately 10 a.m. on Monday after the announcement; its shares have lost more than a fifth of their value in the past 12 months. The drop in profit is “primarily due to the decrease in the profitability of the solar glass business” owing to “around 10-20% decreases in the average market prices of solar glass products” along with “significant increases in the costs of raw materials and energy, such as soda … [Read more...] about China Billionaire Trio’s Xinyi Solar, Xinyi Glass Warn Of Profit Drop; Stocks Slide