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Asia
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China offers interest subsidies for loans to boost consumption
Read more: China offers interest subsidies for loans to boost consumptionInterest subsidies will also be offered to individuals who take consumer loans, to reduce borrowing costs and stimulate consumer spending, said Chinese financial regulators.
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China Evergrande Group to delist from Hong Kong
Read more: China Evergrande Group to delist from Hong KongEvergrande’s liquidators said on Tuesday that they have sold about US$255 million of its assets 18 months into the process and taken control of more than 100 of the company’s subsidiaries.
Thailand
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Klatham expects to be in Bhumjaithai-led coalition
Read more: Klatham expects to be in Bhumjaithai-led coalitionThe Klatham Party, which finished fourth in Sunday’s general election, expects to be part of a coalition government led by poll winner Bhumjaithai, along with some smaller parties.
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NACC meeting in spotlight as 44 ex‑Move Forward MPs await ruling
Read more: NACC meeting in spotlight as 44 ex‑Move Forward MPs await rulingAll eyes are on Monday’s National Anti‑Corruption Commission (NACC) meeting, where the agency may rule on an ethics case against 44 former Move Forward Party MPs—now mostly with the People’s Party—over their bid to amend Section 112 of the Criminal Code, also known as the lèse‑majesté law.
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Government denies flood response delays
Read more: Government denies flood response delaysThe government has rejected accusations of mismanagement and delays in responding to severe flooding in southern Thailand, insisting that evacuation advisories were issued in advance and many residents chose not to leave.
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At least 13 dead in Hong Kong high-rise blaze
Read more: At least 13 dead in Hong Kong high-rise blazeHONG KONG – A huge fire ripped through several high-rise blocks in a Hong Kong residential estate on Wednesday, killing at least 13 people, with media reporting that more residents were trapped inside.
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Flood horror: Daughter kept drowned mother’s body in floating fridge
Read more: Flood horror: Daughter kept drowned mother’s body in floating fridgeSONGKHLA: The tragic story of a woman forced to store her drowned mother’s body in a floating refrigerator as floodwaters poured through their home in Hat Yai has drawn an outpouring of sympathy on social media.
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China offers interest subsidies for loans to boost consumption
Read more: China offers interest subsidies for loans to boost consumptionInterest subsidies will also be offered to individuals who take consumer loans, to reduce borrowing costs and stimulate consumer spending, said Chinese financial regulators.
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China Evergrande Group to delist from Hong Kong
Read more: China Evergrande Group to delist from Hong KongEvergrande’s liquidators said on Tuesday that they have sold about US$255 million of its assets 18 months into the process and taken control of more than 100 of the company’s subsidiaries.
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Hat Yai airport shuttle service halted by severe flooding
Read more: Hat Yai airport shuttle service halted by severe floodingAll shuttle services between Hat Yai airport and the city centre have been temporarily suspended because all roads in the area have been made impassable by flooding.
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Court challenge of iris-scan data deletion order planned
Read more: Court challenge of iris-scan data deletion order plannedA group of people who oppose an order to delete data collected from 1.2 million people via iris scanning in Thailand plan to challenge the decision by the Personal Data Protection Committee (PDPC) in court.
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All Songkhla province declared flood disaster zone
Read more: All Songkhla province declared flood disaster zoneThe cabinet on Tuesday declared all of Songkhla province a disaster zone, freeing up relief funds, as the province continued to suffer under the severe flooding that has claimed the lives of at least 13 people in the southern region.