Local news

Navy withdraws Chinese subs purchase plan from agenda

  By Thai Newsroom Reporters NAVY CHIEF ADM Chatchai Srivorakhan today (July 19) withdrew the navy’s purchase plan for two Chinese submarines from the House Budget Committee’s agenda. In the face of social criticism over the navy’s planned procurement of two Yuan-class S26T subs whereas responses to the sustained pandemic situation need sizeable funding, the

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World news

Portion of Chinese rocket expected to hit Earth Saturday, but where is a mystery

By Newsweek and published by MSN News THE Long March 5B rocket carried the main module of Tianhe, or Heavenly Harmony, China’s first permanent space station into orbit on April 29. Discarded rocket stages are usually immediately guided into a controlled demolition by friction in Earth’s atmosphere. But China’s space agency has yet to comment

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Business

Trump bans transactions with 8 Chinese apps including Alipay

By Reuters and published by VOA News Washington: US President Donald Trump on Tuesday (Jan. 5) signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay, the White House said, escalating tensions with Beijing before President-elect Joe Biden takes office this month. The order, first reported by Reuters, tasks the

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Business

CP Group company acquires 15% stake in China’s Sinovak

HONG KONG-listed Sino Biopharmaceutical, controlled by Charoen Pokphan Group, is investing $515 million (15.4 billion baht) in Sinovak Life Sciences, a company that produces coronavirus vaccine under the brand “Coronavak,” Sanook.com quoted Japanese Nikkei news agency as saying today (Jan. 5). This investment will give Sino Biopharmaceutical a 15% stake in the Chinese firm which

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Local news

Two Chinese capitalists surrender after police smash informal loan gang

TWO of three Chinese capitalists who together with a Cambodian woman operated the application “Rich Money” which charged exorbitant interest rates have surrendered after police raided their office on Rama 3 road, Thai Rath newspaper reported today (Dec. 21). The Centre for Informal Debt Suppression together with the Central Investigation Bureau police team mounted the

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Local news

Chinese gamblers nabbed in Pattaya raid

By Thai Newsroom Reporters NINE CHINESE nationals were arrested on emergency rule-breaking and gambling charges in Pattaya last night, police said. The police raided a house in Jomtien area of the beach resort city and rounded up the poker-playing Chinese males, aged between 30 and 42 years. The Chinese nationals were charged with breaking emergency

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