AT A GLANCE Only 56% of the flagship infrastructure projects in the government's revised list are expected to be completed by 2022, Duterte's last year in office The government counts on Build, Build, Build to fuel the country's economic recovery from the pandemic, but it will rely on loans to fund many of the projects DOTr and DPWH, the two agencies that are implementing most of the projects, have been underspending their respective budgets. This led to the slow execution of the program Are we anywhere near the touted "golden age of infrastructure" now that 4 years of the Duterte administration have gone by? President Rodrigo Duterte and his economic managers launched the ambitious P8.4-trillion infrastructure program in 2017 to reduce poverty, stimulate economic growth, and reduce congestion in Metro Manila. The messaging was clear: Build, Build, Build will be Duterte's legacy . Since then, the government has repeatedly boasted of the program's ... » Learn More about With 2 years left in Duterte’s term, where are we on Build, Build, Build?
Gold supply demand 2017
“The pandemic has pushed consumers worldwide to become more health conscious and focus on the nutritional benefits of foods. This global trend, which we are also seeing in Thailand, creates tremendous new opportunities for food innovations, food safety and organic foods.” Sonklin Ploymee BOI’s Deputy Secretary-General The COVID-19 pandemic has taken a heavy toll on most economies worldwide. Thailand is no exception. However, Thai food exports have become a bright spot, bucking the trend of the country’s overall sliding exports, with the demand for processed and canned foods having held up in these uncertain times. This trend reflects the surge in global demand toward home cooking and ready-to-eat foods in the wake of restrictive measures to contain the pandemic. The resilient export of food and farm products also highlights Thailand’s commitment to R&D and advancements in the application of technology to meet the growing demand of consumers for nutritious and quality food ... » Learn More about FOOD OF THAILAND FOR A FUTURE WORLD
Follow us on Telegram for the latest updates: https://t.me/mothershipsg Thailand’s king rode on Bangkok’s underground train to appear closer to the ground in a diplomatic gesture seen as trying to quell pro-democracy protesters demanding reforms to the all-powerful monarchy. King Maha Vajiralongkorn and Queen Suthida boarded an empty carriage on Saturday, Nov. 14 as part of the inauguration of an extension to the Metropolitan Rapid Transit line in the capital. The royals were seen sitting on gold cushioned seats and waving, photos released by the palace showed. Gold cushion. pic.twitter.com/MsFVdcbPO8 — James Buchanan จิมมี่ (@JBuchananBKK) November 15, 2020 Officials in uniform were prostrating and crawling on red carpets on the ground, as per established formalities. Why does the Thai monarchy still think it’s a good idea in 2020 for King Vajiralongkorn to be surrounded by crawling servants? pic.twitter.com/0LeIlL4sX7 — Andrew MacGregor Marshall ... » Learn More about Thai king rides Bangkok train to get closer to people in divided country
Ho seh lah! Or should we say, horse seh lah! Singapore has secured a place in the history books again. For the first time, our Little Red Dot will be competing in equestrian at the Olympics, thanks to Caroline Chew who will be representing our sunny island state with her trusty 17-year-old steed aka superstar Tribiani. And it’s not just Caroline doing our country proud overseas, a few other Singaporeans have also been trending due to their phenomenal achievements: one commands a Michelin-starred restaurant and will be competing in a prestigious culinary competition, while the other is making waves on India's airwaves. Caroline Chew Who dat : The 29-year-old is a lawyer who juggles a full-time job while representing Singapore internationally at equestrian events as a Team Singapore athlete. She is a veteran equestrienne, having won silver in the dressage individual and team events at the 2015 SEA Games, as well as bronze for individual and team medals in the ... » Learn More about They put Singapore on the world map despite the pandemic: Caroline Chew, Mathew Leong and Shabir
SHANGHAI: China's sweeping ban on cryptocurrency mining has paralysed an industry that accounts for over half of global bitcoin production, as miners dump machines in despair or seek refuge in places such as Texas or Kazakhstan. "Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwest province of Sichuan. "Mining machines are selling like scrap metal." The local government of Sichuan, China's No.2 bitcoin mining centre after Xinjiang, issued a ban on cryptomining a week ago. China's State Council, or cabinet, vowed to crack down on bitcoin trading and mining in late May, seeking to fend off financial risks after the global bitcoin mania revived Chinese speculative trading in cryptocurrencies. The clampdown comes as China's central bank is testing its own digital currency. Chinese authorities say cryptocurrencies disrupt economic order, and facilitate illegal asset transfers and money ... » Learn More about China’s ban forces some bitcoin miners to flee overseas, others sell out
(AFP) LONDON, United Kingdom – European stock markets ran out of steam on Friday, despite gains elsewhere, as investors continued to dwell on inflationary concerns, dealers said. London stocks edged 0.2 percent higher near midday, while Frankfurt and Paris each dropped about 0.2 percent in eurozone early afternoon deals. Markets had jumped Thursday after the Bank of England (BoE) became the latest major central bank to maintain ultra-low interest rates, echoing the views of the US Federal Reserve and its fellow institution in the eurozone that inflationary spikes are only temporary. Traders have for months worried that the blistering global recovery will fan price increases and force rate hikes — but central bankers have sought to downplay inflation. ‘Indecisive mood’ “Today has seen a return to the indecisive mood evident throughout much of the week, with yesterday’s boost courtesy of the BoE proving short-lived,” said IG analyst Joshua Mahony. “That BoE meeting did ... » Learn More about European equities run out of steam before weekend