Ice and frost appeared on Vietnam’s highest peak Fansipan, also known as the Roof of Indochina, from 8 p.m. Monday as temperatures dropped to minus degrees Celsius. A layer of frost covered the surface of wooden floors where the Fansipan symbol was located on top of the 3,147-meter mountain. The …
Read More »Japan automakers to invest $4.3B in Thailand over 5 years: Thai govt
Major Japanese auto manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday, supporting the Southeast Asian country’s transition to making electric vehicles. Toyota Motor and Honda Motor will invest about 50 billion baht each, while Isuzu Motors …
Read More »Man poses as rescuer, extorts thousands of dollars from trafficking victims in Cambodia
A man in southern Binh Duong Province has been arrested after extorting money worth thousands of dollars from human trafficking victims in Cambodia that he promised to “rescue.” Son Pha La, 30, was arrested on Sunday to be investigated for extortion. Pha knew that there were many families who wanted …
Read More »Japan automakers to invest $4.3 bln in Thailand over 5 years: Thai govt
Major Japanese auto manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday, supporting the Southeast Asian country’s transition to making electric vehicles. Toyota Motor and Honda Motor will invest about 50 billion baht each, while Isuzu Motors …
Read More »Philippine actions in South China Sea ‘extremely dangerous’: Chinese state media
Chinese state media accused the Philippines on Monday of repeatedly infringing on China’s territory in the South China Sea, spreading false information and colluding with extraterritorial forces to cause trouble. The Philippines has relied on U.S. support to continually provoke China, with such “extremely dangerous” behaviour seriously harming regional peace …
Read More »BOJ’s Ueda signals chance of policy shift, progress on price goal
Bank of Japan Governor Kazuo Ueda said on Monday the likelihood of achieving the central bank’s inflation target was “gradually rising” and it would consider changing policy if prospects of sustainably achieving the 2% target increase “sufficiently”. While companies are becoming more open to raising wages and prices, the key …
Read More »Emission fees for vehicles impractical: ministry
The proposal to collect emission fees from vehicles is impractical, especially for motorbikes, an essential means of transport for low-income people, the finance ministry said. In discussion for a draft of a governmental decree on environmental protection fees regarding emissions, several provinces have proposed to make vehicle owners pay for …
Read More »British billionaire Ratcliffe agrees deal to buy 25% of Man United for $1.3B
British billionaire Jim Ratcliffe has agreed a deal to buy a 25% stake in Manchester United for about $1.3 billion, vowing to return the Premier League club to the “top of world football.” United also announced in a statement on Sunday that Ratcliffe’s INEOS company would take control of football …
Read More »Hanoi set to determine sidewalk rentals
The Hanoi city government is drafting plans to collect sidewalk and road usage fees from January next year. Its deputy chairman, Duong Duc Tuan, said at a recent meeting that some sidewalks would be leased for commercial exploitation. Some districts have identified streets with sufficient infrastructure to trial the program. …
Read More »British billionaire Ratcliffe agrees deal to buy 25% of Man United for $1.3 billion
British billionaire Jim Ratcliffe has agreed a deal to buy a 25% stake in Manchester United for about $1.3 billion, vowing to return the Premier League club to the “top of world football”. United also announced in a statement on Sunday that Ratcliffe’s INEOS company would take control of football …
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