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Thai 'yellow shirt' leaders sentenced for 2008 protest BANGKOK: A Thai court handed six 'Yellow Shirt' leaders two-year jail terms Thursday for a 2008 protest which saw the prime minister's office stormed and occupied by demonstrators.The ruling is the latest in a series of court cases targeting leaders on both sides of Thailand's febrile political divide, which has seen nearly a decade of disruptive and often deadly protests in Bangkok.The Yellow Shirts -- officially known as People's Alliance for Democracy (PAD) -- were a potent political force throughout much of the last decade with their 2006 protests helping to spur a military coup that toppled the elected government of Thaksin Shinawatra.The most prominent of the six sentenced for storming Government House was controversial media moghul and Yellow Shirt founder Sondhi Limthongkul.All received bail pending an appeal but were banned from travelling overseas.In 2008 the Yellow Shirts brought much of Bangkok to a standstill when protesters blockaded key government ...

Malaysia believes 139 bodies in migrant graves: minister WANG KELIAN: Malaysia said on Thursday it believes 139 people are buried in graves at remote detention camps used by people-smugglers on the Thai border which were discovered on the weekend."Based on the size of the graves, and after the area was cleared... we have a clearer indication -- single grave, single person," Deputy Home Minister Wan Junaidi Tuanku Jaafar told reporters.When asked by AFP if he believed that there are 139 bodies since Malaysia ...
Thai ex-PM Thaksin under investigation for lese majeste BANGKOK: Thai police are investigating whether fugitive former premier Thaksin Shinawatra committed royal defamation in a recent interview, authorities said Wednesday as they announced his passports had been revoked.The divisive billionaire telecoms tycoon-turned-prime minister, who was toppled by a coup in 2006, sits at the heart of Thailand's bitter political divide and now lives in self-imposed exile to avoid jail on a corruption charge.On Wednesday the foreign ministry said it was asked to take action ...
China's CNNC to use IPO proceeds to fund Westinghouse AP1000 reactor BEIJING: China National Nuclear Corporation (CNNC) will use part of the proceeds of its initial public offering (IPO) in Shanghai to help fund the world's first Westinghouse AP1000 reactor, which has been subject to rising costs and repeated delays.China's securities regulator gave the go-ahead on Friday to allow the state-owned company, one of China's two biggest nuclear developers, to list its subsidiary, China National Nuclear Power Corp, on the Shanghai Stock Exchange.CNNC said in a ...
Taiwan offers South China Sea peace plan to avert 'major conflict' TAIPEI: Taiwan proposed a peace initiative on Tuesday to resolve territorial disputes in the South China Sea that its says will reduce tensions that have put Beijing at odds with its neighbours and the United States.The South China Sea Peace Initiative announced by President Ma Ying-jeou called on claimants to temporarily shelve their disagreements to enable negotiations on sharing resources.Ma's plan is similar to a 2012 proposal for the East China Sea, which allowed Taiwan ...
Thailand passes first inheritance tax to raise revenue in lacklustre economy BANGKOK: Thailand's military government has passed the country's first inheritance tax bill, as part of tax reforms to broaden the tax base and boost revenue in a lacklustre economy.The bill, approved by the National Legislative Assembly late on Friday, will require inheritors of assets worth more than 100 million baht ($3 million) to pay tax above that threshold - at 5 percent for descendants and 10 percent for others.That compares with a previously planned threshold ...
Two 6.8-magnitude quakes strike off Solomon Islands: USGS SYDNEY: Two strong 6.8-magnitude earthquakes struck off the Solomon Islands early Saturday, US geologists said, but there were no initial reports of damage and no tsunami warnings were issued.The first quake hit at a depth of 10 kilometres (six miles), 205 kilometres from Kirakira and 448 kilometres from the capital Honiara and the second shallow quake struck just over two hours later about 159 kilometres from Kirakira. The Solomons have been rocked by several quakes ...

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-22.095 bln
Exports $23.885 bln
Imports $45.980 bln
WeeklyAugust 03, 2015
Reserves $18.536 bln