MYANMAR people are queuing up to visit Mae Sai in Chaing Rai province from Tachileik in Shan state with the reopening of First Friendship Bridge yesterday (Feb 20) and it is expected that the cross-border trade and tourism will generate 10 billion baht a year, Naewna newspaper said today. Ms. Phakaimas Viera, president of
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Korat gold shops quiet amid sluggish demand this Chinese New Year
DESPITE CHINESE New Year usually heralding a bounce in trade of gold jewellery with people buying precious ornaments for their loved ones, this time round demand is low in Nakhon Ratchasima, or Korat, leading to gold shops remaining rather quiet, INN News said today (Jan. 21). At this northeastern city’s economic centre stretching along
Read moreRussia expects trade with China to reach $200 billion by 2024 – report
By Reuters and published by Channel NewsAsia RUSSIA said on Saturday (Apr. 30) it expected commodity flows with China to grow and trade with Beijing to reach $200 billion by 2024, as Moscow faces mounting isolation from the West. China has refused to condemn Russia’s actions in Ukraine and has criticised the unprecedented Western
Read moreMan nabbed for selling war weapons to Karens in Myanmar
ACTING on a tip-off from undercover agents Mae Hong Son police today (Apr. 24) arrested a man who has been selling war weapons to Karens in Myanmar with these being parcelled to him from Bangkok, Matichon newspaper said. Police were waiting at a delivery office in Mae Sariang district and when Mr. Nattawut Rapeebunnon, 34,
Read moreVietnam exports to EU threaten Thai profits
Thai manufacturers and exporters have been warned to improve their competitiveness in the European market as prospective EU buyers may shift to cheaper goods from Vietnam after the EU-Vietnam free-trade agreement (FTA) became effective in August 2020. The director-general of the Trade Negotiations Department, Auramon Supthaweethum, said EU buyers may consider importing products from Vietnam
Read moreTrump Bans US Investment in Chinese Military-Linked Firms
By Associated Press, published by US News Beijing — US President Donald Trump has stepped up a conflict with China over security and technology by barring Americans from investing in companies that US officials say are owned or controlled by the Chinese military. The Chinese government accused Washington of misusing national security as an excuse
Read moreUS-China tech tensions ‘won’t go away even if Biden wins election’
By CNBC staff TENSIONS around technology will remain between the US and China, even if Democratic presidential nominee Joe Biden wins the US election in November, according to an analyst. Ties between the two economic giants have steadily worsened this year, as Washington increasingly targets Chinese tech giants from phone maker Huawei to video-sharing app
Read moreChinese state media slams US as a ‘rogue country’ over TikTok
By Arjun Kharpal, CNBC CHINESE state media labeled the US a “rogue country” and dubbed the potential sale of social media firm TikTok to Microsoft as “theft,” adding that Beijing could retaliate if a deal is sealed. Microsoft announced plans on Sunday to acquire TikTok’s business in certain markets — the US, Canada, Australia and
Read morePolice bust network selling firearms online
CRIME Suppression Department’s Hanuman unit mounted raids in Bangkok and various other provinces to smash an illegal online firearm trade network but initially only revealed the arrest of the administrator with other details withheld for now, PostToday reported this morning (June 18). At 6 a.m.this morning CSD chief Pol Maj Gen Jiraphop Phuridech sent out
Read morePolice bust network selling firearms online
CRIME Suppression Department’s Hanuman unit mounted raids in Bangkok and various other provinces to smash an illegal online firearm trade network but initially only revealed the arrest of the administrator with other details withheld for now, PostToday reported this morning (June 18). At 6 a.m.this morning CSD chief Pol Maj Gen Jiraphop Phuridech sent out
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