Wednesday, April 17, 2024

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Lingang New Area in Shanghai Opens First Cross-Border Data Service Center to Streamline Data Export Process

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Thailand China Business News

Uyghurs protested in Washington, Istanbul, and Munich to remember the 1990 uprising over China’s forced abortions and sterilizations in Xinjiang.


Remembering the 1990 Uprising in Xinjiang

Uyghurs and supporters gathered in Washington, Istanbul, and Munich to commemorate the 1990 Baren uprising, sparked by China’s forced abortions and sterilizations of Uyghur women. The death toll from the Baren incident remains unclear, with estimates ranging from a few dozen to 3,000 casualties, as the Chinese government never conducted a public inquiry.

Protests and Calls for Justice

The Baren Uprising marked a turning point in Chinese repression of Uyghurs, leading to current accusations of genocide and crimes against humanity. Demonstrations took place in various cities worldwide, demanding accountability for human rights violations against the Uyghur population. Protesters called on China to end the atrocities and respect the dignity and rights of the Uyghur people.

Source link : Lingang New Area in Shanghai Opens First Cross-Border Data Service Center to Streamline Data Export Process by China Watch

Thai PM declares official launch of digital wallet program

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The Prime Minister of Thailand has announced a new digital wallet scheme for Thai citizens, which aims to provide each individual with 10,000 baht to help boost the economy. This program is set to be launched officially in the country, offering a convenient and secure way for people to manage their finances digitally.

By introducing this digital wallet initiative, the government hopes to stimulate spending and support local businesses in Thailand. The program is expected to have a positive impact on the economy by providing financial assistance to citizens and encouraging them to participate in consumer activities.

Overall, the launch of the digital wallet scheme by the Thai Prime Minister is seen as a significant step towards promoting economic growth and financial inclusion in the country. This initiative will not only benefit individuals by offering financial support, but also contribute to the overall development and prosperity of the nation.

Source link : Thai PM declares official launch of digital wallet program

Maha Songkran World Water Festival 2024 Unveiled with Epic Spectacle

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Maha Songkran World Water Festival 2024 Unveiled with Epic Spectacle

The Maha Songkran World Water Festival 2024 in Bangkok is a celebration of Thai heritage and environmental sustainability, featuring cultural processions from all regions of Thailand. The festival opened with a grand spectacle showcasing traditions and historical significance, with over 1,000 performers participating in a parade along a one-kilometre stretch. The event included 20 grand processions that celebrated the time-honored traditions of Songkran, the traditional Thai New Year festival that is listed as UNESCO Intangible Cultural Heritage.

This year’s Maha Songkran World Water Festival highlighted the rich cultural diversity of Thailand, with participants displaying traditions, festivities, and activities that promote the country’s heritage and environmental sustainability. The event aimed to showcase the beauty and significance of Songkran, while also emphasizing the importance of preserving Thai traditions for future generations. With a focus on promoting cultural exchange and unity, the festival provided a platform for people from all walks of life to come together and celebrate Thai culture.

By bringing together performers from all regions of Thailand, the Maha Songkran World Water Festival 2024 in Bangkok created a unique and vibrant display of the country’s heritage. The event symbolized the unity and diversity of Thai culture, showcasing the traditions and customs that have been passed down through generations. With an emphasis on fostering environmental sustainability and promoting cultural appreciation, the festival served as a reminder of the importance of preserving and celebrating the rich cultural tapestry of Thailand.

Source link : Maha Songkran World Water Festival 2024 Unveiled with Epic Spectacle

Financial stability is at risk with increasing cyber threats

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The COVID-19 pandemic has led to a significant increase in cyberattacks, with the frequency more than doubling in recent times. While companies have previously faced relatively modest losses from these attacks, some have now experienced much greater consequences. Financial stability is increasingly at risk as cyber threats continue to grow.

In light of the heightened cybersecurity risks, companies need to be more vigilant and proactive in protecting themselves from potential cyberattacks. It is crucial for organizations to invest in robust security measures to safeguard their sensitive data and prevent any potential financial losses. As the threat of cyber attacks increases, ensuring the security and resilience of digital systems has become more important than ever before.

Source link : Financial stability is at risk with increasing cyber threats

Moody’s Ratings upholds Thailand’s Baa1 rating and maintains a stable outlook

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Moody’s Ratings has confirmed Thailand’s Baa1 rating with a stable outlook, indicating confidence in the country’s ability to manage its debt burden effectively and maintain a favorable debt structure. This rating suggests that Thailand is on track to stabilize its financial standing despite economic challenges faced during the COVID-19 pandemic.

The affirmation of Thailand’s Baa1 rating is a positive indicator of the country’s fiscal health and potential for economic recovery. It reflects Moody’s belief that Thailand has the necessary resources and policies in place to manage its debt obligations and maintain financial stability in the long term. This rating could boost investor confidence in Thailand’s economy and attract potential investments.

Overall, Moody’s decision to uphold Thailand’s Baa1 rating with a stable outlook signals a vote of confidence in the country’s economic resilience and ability to weather financial uncertainties. Thailand’s commitment to managing its debt burden and maintaining a favorable debt structure has been recognized by the credit rating agency, suggesting a positive outlook for the country’s economic prospects in the near future.

Source link : Moody’s Ratings upholds Thailand’s Baa1 rating and maintains a stable outlook

TAT and Grab launch promotional campaign for secondary cities

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The current campaign running from April 1 to June 30 showcases the beauty of “Unseen Thailand” with a focus on the “Eat Pray Shop” experience. This promotion offers discounts on Grab’s services, providing users with an opportunity to save money while exploring new places and trying local cuisine. Additionally, participants have the chance to win prizes valued at over 35 million baht, adding an exciting element to the campaign.

By highlighting lesser-known destinations in Thailand, the campaign aims to encourage travelers to venture off the beaten path and discover hidden gems in the country. The combination of discounted services and the possibility of winning valuable prizes serves as a compelling incentive for individuals to participate in the promotion. With a wide range of experiences to choose from, including dining, shopping, and sightseeing, participants have the opportunity to create memorable moments during the campaign period.

Overall, the campaign is designed to attract more users to Grab’s services while also promoting tourism in Thailand. With a strong emphasis on unique and authentic experiences, participants are encouraged to explore different aspects of Thai culture and cuisine. By offering discounts and prizes, Grab hopes to engage a larger audience and showcase the diversity and beauty of Thailand’s hidden treasures.

Source link : TAT and Grab launch promotional campaign for secondary cities

World Bank outlines key reform priorities for Thailand’s economic growth

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The World Bank has highlighted key areas for reform in Thailand to drive economic growth. These include improving education outcomes, enhancing tech competitiveness, promoting sustainable practices, and strengthening fiscal institutions. These reforms are seen as essential for Thailand’s economic advancement in the global market. The report emphasizes the need for governments and businesses to work together to achieve these goals for the country’s prosperity.

According to the report, investing in education and technology is crucial for Thailand to remain competitive in the global market. By focusing on sustainable practices and strengthening fiscal institutions, the country can enhance its economic prospects and ensure long-term growth. The World Bank’s recommendations aim to help Thailand navigate challenges and capitalize on opportunities for development.

The report stresses the importance of implementing these reform priorities to foster economic growth in Thailand. By taking steps to improve education, technology, sustainability, and fiscal institutions, the country can boost its competitiveness and attract more investment. Collaboration between the government and private sector is crucial for successful implementation of these reforms, which are vital for Thailand’s economic success in the future.

Source link : World Bank outlines key reform priorities for Thailand’s economic growth

New Capital Investment Entrant Scheme Launched in Hong Kong

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Thailand China Business News

Taiwan earthquake kills 9, 1,000 injured, 100 trapped. Infrastructure damaged, aftershocks felt, offers declined, recovery efforts ongoing, residents share experiences.


Search and Rescue Underway After Devastating Earthquake

Rescue workers in Taiwan are tirelessly searching for individuals still missing or trapped after a powerful 7.4 magnitude earthquake struck, resulting in at least nine fatalities, over 1,000 injuries, and nearly 100 people trapped in collapsed tunnels.

International Aid and Recovery Efforts

As recovery efforts intensify, the military has been deployed to assist, with numerous countries offering solidarity and support. Despite widespread infrastructure damage, Taiwan’s preparedness and the earthquake’s remote epicenter have helped limit casualties. However, challenges remain, including communication disruptions and ongoing aftershocks.

Source link : New Capital Investment Entrant Scheme Launched in Hong Kong by China Watch