Archive for September 4th, 2019
BAAC sees weak demand from farmers
The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is facing tepid loan demand, with a meagre 4.17 billion baht in loans extended for the three months [...]
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Soaring baht continues to court investors and speculators
The Thai baht continues to be the best performing currency in Asia. On a year-on-year basis it has soared more than 8 percent against the USD and this year reached a six-year [...]
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Large heroin bust announced in Bangkok
The deputy national police has announced the arrest of two suspects in two large drug seizures. Heroin weighing 100 kilograms, plus one and a half kilograms of cocaine were [...]
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Second storm to shower Isaan and Much of Thailand to day
Isaan and Bangkok should expect more heavy rain Monday as a new storm approaches Hainan in China. Just after tropical storm Podul left the country on Saturday, the Thai [...]
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UPDATE 4-Global nickel supply to drop on Indonesia’s ore export ban in 2020
* Ban to begin on January 1, two years ahead of schedule official * LME nickel price surges to most in 5 years * Global nickel market facing 100,000 T deficit next year [...]
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Indonesia deport Aussies for Papua protest
Indonesia has deported three of four Australians for joining in pro-independence demonstrations in West Papua, where deadly protests have erupted over the last two weeks [...]
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Indonesia’s new capital will be an environmental disaster and yet another protected rainforest will be destroyed
The government brands the new capital as a sustainable project, despite parts of the city taking up protected space. But it’ll just repeat mistakes made in Jakarta [...]
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Indonesia arrests dozens for Papua protests that set buildings afire
Indonesian police have arrested dozens of people in the easternmost region of Papua following protests last week in which buildings were set ablaze, a police spokesman said [...]
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Bank Danamon to get new boss following merger
Bank Danamon has appointed a new president director following the completion of an operational merger between Bank Danamon and former Bank Nusantara Parahyangan (BNP). [...]
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Gamers breathe new life to internet cafes in Jakarta
With most public places now providing free Wi-Fi and the emergence of co-working spaces, hundreds of warung internet (internet cafes), or warnet for short, have closed down [...]
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Indonesia to raise state health insurer’s premiums to plug cash deficit
Indonesia’s state health insurer will raise its premiums by at least 65 percent starting this month to plug a deficit expected to reach 32 trillion rupiah ($2.25 [...]
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Indonesia ban on nickel seen as resource nationalism
Indonesia will enforce a complete ban on the export of raw nickel ore from January 1, two years earlier than planned, as the nation seeks to lock in supplies for dozens of [...]
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Indonesian students invent pinger to find quake victims
It’s the size of a credit card and about as slim. But if you’re trapped under rubble after an earthquake, it just might save your life. A trio of Indonesian [...]
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Indonesia to deport 4 Australia tourists who joined protests
Indonesian authorities are deporting four Australian tourists for participating in a demonstration that called for the independence of the country’s restive Papua [...]
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From Jakarta to East Kalimantan: Will Malaysia benefit from Indonesia’s new capital?
Indonesia’s president Joko Widodo or Jokowi, has proposed for East Kalimantan, the richest and most bustling of the five provinces, to replace Jakarta as the [...]
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