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Finance Minister Pichai sees B3tn for stimulus funds

The government has a budget of up to 3 trillion baht available for economic stimulus over the next four years, says Finance Minister Pichai Chunhavajira.




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Baht plunges after Pheu Thai politician made Bank of Thailand chairman

The baht is on course to slip below the key resistance level of 35 to the US dollar after depreciating sharply since government aide Kittiratt Na-Ranong was named the new Bank of Thailand board chairman, raising doubts over the central bank's autonomy, say analysts.




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Airline results buoyed by arrival, fare hikes

International arrivals helped drive the operating results of Thai carriers despite the third quarter coinciding with the low season, but smaller fleets still pressure the aviation industry, resulting in consistently high airfares.




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Limassol gallery presents journey of expression

The Limassol art scene is about to welcome a new exhibition. The Larnaca-born artist, Nikolas Antoniou, returns to Lumiere Gallery in Limassol for the second time to present his exhibition titled Vibrations of Being. The showcase will run from November 20 to December 7, inviting viewers into the artist’s vivid creative journey of expression. “Antoniou’s […]




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Pitfalls in local government changes highlighted

Local government reform had been undertaken without preparation, Akel leader Stefanos Stefanou said on Wednesday. The two and a half years which had been granted while elections were postponed had not been used to do what was needed, resulting in playing catch up, he said. The relevant ministries “have not shown the necessary fervour” towards […]




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FSRU Prometheas to leave Shanghai next month

The floating storage and regasification unit (FSRU) Prometheas, which will form part of the liquefied natural gas (LNG) project at he, will set sail for Cyprus from Shanghai at the beginning of December, Energy Minister George Papanastasiou said on Wednesday. Speaking at a meeting of the Nicosia chamber of commerce and industry (Evel), he said […]




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Ioannou not ‘indifferent’ to challenges of local government reform

Interior Minister Constantinos Ioannou on Wednesday said he was not “indifferent” to the challenges of local government reform and that he in fact “did more than that for which the law provides”. Ioannou was reacting to claims made by Akel that the government had “not shown the necessary fervour” in its efforts to ensure a […]




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Half a metric tonne of meat smuggled from Republic found in Famagusta

A total of 448kgs of meat smuggled from the Republic were found by local police in Famagusta on Wednesday, the town’s Turkish Cypriot municipality said. The meat, all of it beef, was found in a refrigerator at a butcher’s shop in the town. It was confiscated by the municipality, while legal action was taken against […]




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Panayiotou praises concrete sector for agreeing to negotiation framework

Labour Minister Yiannis Panayiotou on Wednesday night praised both workers and employers in the concrete sector for agreeing to the negotiation framework he has devised with the aim of bringing to an end the strikes which have been taking place in the industry over the last week. Employers, led by concrete manufacturers’ association head Costas […]




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Prosecutor seeks 5-year ban from office against French far right leader Le Pen

The Paris prosecutor on Wednesday requested a five-year prison sentence and a five-year ban from public office against far-right leader Marine Le Pen, at a trial where she and 24 others are accused of embezzling European Union funds. The trial, which comes almost a decade after initial investigations started, threatens to undermine her party’s efforts […]




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Our View: Government doctors need to be publicly shamed and defeated

After a brief meeting with representatives of the state health services, Okypy, the perennially angry leader of Pasyki (government doctors union), Sotiris Koumas walked out because his members would not be paid the amount he was demanding for work done in 2023. Shortly after the meeting he appeared on a lunch-time news show on CyBC […]




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Top court rules planning permission for glamping is constitutional

The Supreme Court on Wednesday ruled that it is not unconstitutional nor a violation of European Union law for the construction of luxury camp sites, also known as ‘glamping’, to be subject to planning permission being granted. Parliament had passed an amendment to the 2018 law regarding environmental assessment impacts on construction projects in June, […]




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US probes UBS over Russian clients from Credit Suisse deal

The United States is pursuing an inquiry into Russian clients that UBS (UBSG.S) took on when it bought Credit Suisse, three people familiar with the matter said, heightening scrutiny of one of the world’s biggest wealth managers. The US sanctions enforcement agency, OFAC, has written to the bank as part of this inquiry, two people […]




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UK grocery inflation higher again as countdown to Christmas begins

British shoppers faced renewed pressure on their budgets in October after grocery price inflation edged higher for the second month in a row, industry data showed this week. Market researcher Kantar said annual grocery price inflation was 2.3 per cent in the four weeks to Nov. 3, having been 2.0 per cent in the previous […]




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Luxury goods market faces rare decline

Sales of personal luxury goods are set to fall 2 per cent this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry’s customer base, according to consultancy Bain & Company. In its closely-watched report on the 363-billion-euro ($386 billion) market, Bain estimated a 20-22 per cent […]




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Cyprus Business Now: crypto asset providers, CIFA president, energy tech firm

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced that Crypto-Asset Service Providers (CASPs) in Cyprus can now apply for a preliminary assessment under the EU’s Markets in Crypto-assets Regulation (MiCAR). This aims to ensure a smooth transition ahead of the regulation’s full implementation on December 30, 2024. The commission explained that “the decision […]




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Trump 2.0: Firebrand congressman Matt Gaetz chosen for attorney general

U.S. President-elect Donald Trump chose loyalists with little experience for several key cabinet positions on Wednesday, stunning some allies and making clear that he is serious about reshaping – and in some cases testing – America’s institutions. Trump’s choice of congressman Matt Gaetz, 42, for U.S. attorney general, America’s top law enforcement officer, was a […]




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Greece declassifies intelligence records on 1974 Cyprus crisis

Greece’s intelligence service on Wednesday declassified 58 intelligence reports connected to the Greek-led coup in Cyprus in 1974 and the subsequent Turkish invasion, giving an inside account of the historic events for the first time. The redacted documents shed light on the Greek perspective between July and August 1974 and have been released with the […]




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Teenage girl dead after car crash

A teenage girl died after being involved in a road traffic collision in Larnaca on Wednesday night. The girl, named as 18-year-old Romanian national Iulia Michaela Vasile, was riding in the back of a vehicle which had been reported stolen when, according to the Larnaca police’s deputy director Harris Hadjiyiasemi, it mounted a pavement, swerved […]




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‘England first’: Kane hits out at player withdrawals ahead of Nations League games

England skipper Harry Kane has hit out at several players who withdrew from the national team ahead of their Nations League crucial matches against Greece and Ireland, saying that country must always come before club football. England play Greece away on Thursday followed by Ireland three days later at Wembley but nine players, some of […]




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Middle East: Ceasefires are the Only Answer

“The shockwaves from Israel’s ongoing and indiscriminate warfare on Gaza and Lebanon are reverberating across this entire region. Neither the horrific assault on Israeli civilians on 7 October 2023, nor the indiscriminate missiles launched by militant groups from Lebanon, can justify the degree of destruction on civilian lives and infrastructure in the region that I […]




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Krathongs float, balloons fly at Muang Thong Thani

Impact Lakefront at Muang Thong Thani invites everyone to float their krathongs into the lake and enjoy balloons in the sky during Loy Rim Lake 2024, which will kick off Friday and run daily from 4.30pm to 11pm until Sunday.




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Finnomena touts US, India and Vietnam for investment

The US, India and Vietnam are the three main markets worth investing in to reduce the impact of the expected import tariff policy under president-elect Donald Trump, says digital wealth management platform Finnomena.




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Max tie-up bolsters AIS's content portfolio

Advanced Info Service (AIS) has strengthened its content portfolio by partnering with Max, a global streaming platform from Warner Bros Discovery, to offer exclusive streaming to home and mobile device users.




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Lisa's reunion with fans in Thailand

Thai-born superstar Lalisa "Lisa" Manobal returns to Thailand for a special meet-and-greet session with her devoted fans on Wednesday. The atmosphere was filled with emotion as her fans overwhelmed her with heartfelt surprises and came together to sing the traditional Loy Krathong song.




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Bitcoin briefly tops $93,000 on Trump agenda

DELHI — Bitcoin spiked above US$93,000 for a short period as expectations of further interest-rate reductions by the Federal Reserve (Fed) added to the impetus from President-elect Donald Trump's pro-crypto stance.




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She was a child Instagram influencer. Her fans were grown men.

NEW YORK — For her 18th birthday in March, "Jacky Dejo," a snowboarder, bikini model and child influencer turned social media entrepreneur, celebrated on the secluded island of Dominica.




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Korean live streamer arrested for injuring massage operator

PATTAYA — A Korean live streamer has been arrested for allegedly injuring the owner of a massage parlour while attempting to block his live coverage of a client's massage.




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Consumer confidence up for first time in 8 months

Consumer confidence in Thailand rose for the first time in eight months in October, helped by government economic measures, an interest rate cut and improved economic conditions, a survey showed on Thursday.




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Sudan Faces Esclations in Famine, Humanitarian Law Violations

After 19 months of conflict, the ongoing Sudanese Civil War continues to deteriorate living conditions for millions of Sudanese people. Intensive conflicts between the Rapid Support Forces (RSF) and the Sudanese Armed Forces (SAF) have greatly exacerbated nationwide levels of famine. Numerous civilians have been caught in the crossfire, leading to a rising death toll. […]




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2024 Poised to Be Warmest Year Ever—WMO Warns of Escalating Climate Crisis

Once again, scientists issued a red alert by analyzing ongoing world’s weather and its impact on the climate. The year 2024 is on track to be the warmest year on record, contributed by an extended streak of high monthly global mean temperatures. According to the World Meteorological Organization (WMO)’s “State of the Climate 2024 Update” […]




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UNDP’s Sustainable Energy Director Calls For Innovative Financial Solutions for Adaptation, Mitigation

Riad Meddeb, Director of the Sustainable Energy Hub at the United Nations Development Programme (UNDP), stressed the urgency of finding innovative financial solutions during COP29. Meddeb was speaking to IPS in an exclusive interview at the conference. He said the negotiations were expected to focus heavily on finance—a core issue that has historically hampered climate […]




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Latin America: Pass on Renewables, Fail on Efficiency

The Latin American and Caribbean region is a student with good grades in renewable energy, but not in energy efficiency, and has a long way to go in contributing to global climate action and overcoming the vulnerability of its population and economies. The recent energy crises in Ecuador and Cuba, with power outages ranging from […]




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East Africa: Conflicts, Delayed Financial Remittance Hinder EAC, EALA Progress

[Capital FM] Nairobi -- National Assembly Speaker Moses Wetangula has taken helm of the Bureau of East Africa Community Speaker amidst challenges facing the region bloc which include underfunding and perennial conflict.




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Rwanda: Economic Policy Reforms Could Spur Rapid Private Sector Growth - World Bank Report

[New Times] Achieving rapid private sector growth in Rwanda is unlikely without far-reaching reforms to economic policies, a new report released on November 13, by the World Bank has shown.




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Ethiopia: President Taye Reaffirms Ethiopia's Commitment to Paris Agreement

[ENA] Addis Ababa -- President Taye Atske Selassie, at COP29, has reaffirmed Ethiopia's commitment to the Paris Agreement and proactive disaster preparedness.




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Egypt: Egypt Sentences Detained Journalist to 20 Years - Accused of Threatening 2nd Journalist

[CPJ] Washington, D.C. -- Egyptian authorities sentenced in absentia journalist Yasser Abu Al-Ela to 20 years in prison on charges of joining a terrorist organization and spreading false news. Separately, press freedom advocate Rasha Azab accused the Interior Minister and the head of the National Security Agency of orchestrating recent threats against her and surveilling her movements, which culminated in the theft of her car on November 5.




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Nigeria: NNPC Subsidiary Signs Gas Sale, Supply Agreement With Dangote Refinery

[Leadership] The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL), has successfully executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE.




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Egypt: Egypt Focuses On Ceasefire, Ending Israeli Aggression an Lebanon - FM Abdel Aatty in Beirut

[Egypt Online] Egypt's primary focus is achieving a ceasefire and halting Israeli aggression on Lebanon, Minister of Foreign Affairs Badr Abdel Aatty said during his meeting with Speaker of the Lebanese Parliament Nabih Berry in Beirut on Wednesday 13/11/2024.




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Mauritius: Dr Navinchandra Ramgoolam Sworn in As Prime Minister of the Republic of Mauritius

[Government of Mauritius] Dr Navinchandra Ramgoolam has been sworn-in as Prime Minister of the Republic of Mauritius, this afternoon, during a ceremony held at the State House, in Réduit. The newly appointed Prime Minister took the oath of Allegiance and oath of Office before the President of the Republic of Mauritius, Mr Prithvirajsing Roopun.




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Africa: MultiChoice Profits Dive As Subscriptions Shrink

[Business Day Africa] Africa's biggest pay-television company Multichoice Group has reported a 99 percent dip in half-year profits on the back of subscriber decline and foreign exchange volatility in the operating environment.




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West Africa: 'We Are Here to Seek Clarity' - Ecowas Delegation Says

[Liberian Observer] A six-member ECOWAS delegation visiting Liberia yesterday concluded a consultative meeting with the leadership of the Liberian Senate, with the Speaker assuring Senators that the delegation was here to seek clarity, and facilitate mediation.




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Sudan: Sudan Faces Esclations in Famine, Humanitarian Law Violations

[IPS] United Nations -- After 19 months of conflict, the ongoing Sudanese Civil War continues to deteriorate living conditions for millions of Sudanese people. Intensive conflicts between the Rapid Support Forces (RSF) and the Sudanese Armed Forces (SAF) have greatly exacerbated nationwide levels of famine. Numerous civilians have been caught in the crossfire, leading to a rising death toll. Sexual violence and rape have been used as weapons of war, with thousands of cases going unreported due to a pervasive state of fear. Sudan




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Sudan: WFP Urges Sudan to 'Keep Crossings Open' As Aid Convoy Heads to Famine-Stricken Darfur

[Dabanga] Adré / El Fasher -- The World Food Programme (WFP) has appealed to Sudan to keep the Adré border crossing open, as a convoy carrying crucial humanitarian aid heads toward the Zamzam camp for displaced people in North Darfur, where famine was confirmed earlier this year.




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Africa: Experts Push Contract Farming to Boost Africa Food Systems, Farmers' Income

[VOA] Nairobi -- As African farmers struggle with unpredictability caused by climate change, some are looking into contract farming, which involves growing a certain crop for a price set in advance.




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South Sudan: UNMISS Calls for Tangible Evidence of Progress Toward Democratic Elections in South Sudan

[VOA] Juba, South Sudan -- The United Nations Mission in South Sudan has called for tangible evidence of progress toward democratic elections the country.




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Zimbabwe: After Declaring End to Cholera Outbreak, Zimbabwe Sees New Cases

[VOA] Harare, Zimbabwe -- Zimbabwe has recorded new cases of cholera several months after declaring the end of an outbreak that killed more than 700 people over an 18-month period.




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Niger: Niger Embraces Russia for Uranium Production Leaving France Out in the Cold

[RFI] Niger has called on Russian firms to directly invest in uranium and other natural resource production, following the collapse of relations with former colonial ruler France and the eviction of French nuclear giant Orano from the country




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Senegal: EU Vessels to Stop Fishing in Senegal Waters After Accord Expires

[RFI] The EU says it will not renew a fishing agreement between Brussels and Dakar following "shortcomings" over illegal, unreported and unregulated fishing.




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Chad: Chadian Women Complain of Underrepresentation in December Elections

[VOA] Yaounde, Cameroon -- An estimated 8 million voters in Chad go to the polls Dec. 29 in legislative, local and district elections. Female leaders and activists, however, say women candidates are being underrepresented.