JAKARTA, May 27 (Jakarta Post/ANN): The landslide victory of Ferdinand “Bongbong” Marcos Jr., the namesake son of the Philippines’ late dictator, in the May 9 presidential election has prompted questions over the fate of the Suharto clan in Indonesia, 24 years after the late president was toppled. Soeharto family members have made repeated attempts in the past to get into … [Read more...] about A tale of two political clans – from Indonesia to the Philipines: The Marcos and Suhartos
Modi cabinet reshuffle
Shares rise on relief over Fed stance
Recap: Global shares rose yesterday, heading for a gain on the week, after minutes from the last Fed meeting suggested the US central bank may get less aggressive on monetary policy tightening. The SET index moved in a range of 1,623.6 and 1,646.37 points this week before closing yesterday at 1,638.75, up 0.97% from the previous week, in daily turnover averaging 63.54 billion … [Read more...] about Shares rise on relief over Fed stance
NGOs need local support
The Prayut Chan-o-cha government needs to pay heed to activists' calls to drop a bill that seeks to curtail non-governmental organisations (NGOs). Earlier this week, the activists and their networks began drumming up attempts to have the contentious bill shot down, alleging that it is a poorly modified version of the one they favour. In a recent radio discussion, Somboon … [Read more...] about NGOs need local support
Private funds sought for Grey Line
The Bangkok Metropolitan Administration (BMA) is planning to launch a bidding process to secure private investment in the Grey Line monorail project within the next two years, with an investment budget of 27 billion baht. In a meeting weighing up the pros and cons of public-private partnership (PPP) models to determine what types would be appropriate for the project, Chatree … [Read more...] about Private funds sought for Grey Line