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China’s economy to rebound in first half of 2020: JP Morgan economist

Published December 10, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30379246?utm_source=category&utm_medium=internal_referral

China’s economy to rebound in first half of 2020: JP Morgan economist

Dec 09. 2019
A bird's-eye view of the central business district in Beijing. [Photo/VCG]

A bird’s-eye view of the central business district in Beijing. [Photo/VCG]
By China Daily/ANN

684 Viewed

BEIJING – China’s key economic barometers are likely to rebound in the first half of 2020, JP Morgan’s Chief China Economist Zhu Haibin has said, advising against market pessimism.

Attributing China’s downward economic pressure in 2019 mainly to cyclical factors, Zhu said manufacturing and infrastructure investment will possibly start driving up the economy next year.

The manufacturing sector is looking at more investment amid the estimated recovery of the producer price index that may boost profit for companies in the industry, said Zhu.

The growth rate for infrastructure investment is expected to climb to between 5 to 6 percent next year as the government is purposing the issuance of special local government bonds toward financing for infrastructure, according to Zhu.

While consumption may be partially dented by consumer price index (CPI) hikes due to soaring pork prices in the coming year, Zhu said the ascending CPI is merely structural and is unlikely to trigger shifts in monetary policy.

Instead, major policy undertakings next year to stabilize consumption may be subsidizing middle-to-low income households and restoring hog production, Zhu suggested.

China comes out better with job creation despite slower economic growth

Published December 10, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30379244?utm_source=category&utm_medium=internal_referral

China comes out better with job creation despite slower economic growth

Dec 09. 2019
College graduates at a job fair in Fuyang Normal University in East China's Anhui province, March 16, 2019. [Photo/IC]

College graduates at a job fair in Fuyang Normal University in East China’s Anhui province, March 16, 2019. [Photo/IC]
By China Daily/ANN

558 Viewed

BEIJING – Despite external uncertainties and concerns of a softening economy, China has kept delivering impressive job gains with a resilient economy and nimble governance.

According to the National Bureau of Statistics (NBS), 11.93 million new urban jobs were created in the first 10 months this year, meeting the annual target of creating more than 11 million new jobs ahead of schedule.

Before 2019, China has created more than 13 million new urban jobs annually for six consecutive years even though its GDP growth slowed.

The country’s economy expanded 6.2 percent in the first three quarters, within the government’s annual target of 6 to 6.5 percent.

Every percentage point increase of the country’s GDP growth can be translated into around 2 million new jobs, said Liu Aihua, spokesperson of the NBS.

Buoyed by the steady economic growth, China’s job market is getting stronger support from the tertiary industry.

In recent years, China’s economic structure has shifted from an industry-led one to a service-led one. The output of the tertiary industry in 2018 reached 46.96 trillion yuan ($6.66 trillion), up 7.6 percent year by year, accounting for 52.2 percent of the total GDP.

The tertiary industry’s contribution to job creation is about 20 percentage points higher on average than the second industry in 2018, according to the Ministry of Human Resources and Social Security.

Moreover, new business models are also creating jobs. About 75 million people are providing services for the sharing economy in 2018, up by 7.1 percent from the previous year and accounting for 9.7 percent of the people who were employed in the country, according to the State Information Center.

Three Squirrels, a snack food company, is transforming from an e-commerce brand on Alibaba’s Taobao to a digital supply chain platform. The company has developed into a company with over 3,800 employees in seven years from a five-person founding team.

“The recruitment of talent can also further strengthen our innovative capability,” said Yin Xiang, an official with the company.

Employment first

“The stable labor market is not only a result of the expanding economy but also benefits from an improved implementation of the employment-related policies,” said Zhang Ying, an official with the Ministry of Human Resources and Social Security.

China has elevated the status of employment-first policy to a macro policy for the first time this year. China’s policymakers not only attached great importance to employment, but also tailored the policies to boost employment.

Starting from May 1, the government lowered the share borne by employers for urban workers’ basic aged-care insurance down to 16 percent from 20 percent, saving employers 272.5 billion yuan in social insurance contributions in the first nine months of this year, according to the State Taxation Administration.

As small and medium-sized enterprises have contributed more than 80 percent of the job opportunities in China in 2018, reducing the burden for them can further unleash the vitality of the labor market.

Meanwhile, about 27.5 billion yuan of partial reimbursement of unemployment insurance contributions were returned to employers who keep their payrolls, benefiting 750,000 firms and 39.93 million employees.

“Our staff felt assured when we received the 6.61 million yuan of reimbursement,” said a human resource official with the Cangzhou Julong Chemical Co Ltd.

The company, which used to be a big tax contributor to the city of Cangzhou, northern China’s Hebei province, has encountered a difficult time in the past two years because of cash flow problems and a stagnant market.

The government’s policy has saved the company in a critical moment, said the official, adding that the reimbursement will be used for paychecks and social insurance for the employees.

According to the NBS, the urban unemployment rate at the national level in October was 5.1 percent, 0.1 percentage point lower than the previous month.

Tapping the potential

The decision adopted at the fourth plenary session of the 19th Communist Party of China Central Committee on Oct 31 stressed the importance of improving the mechanism that promotes full employment with better quality.

While the employment is stable now, it must not be taken lightly from a long-term perspective, especially considering the trade uncertainties and the influence of moving out of some downstream businesses, said Su Hainan, a researcher with the Chinese Association of Labor Science.

A State Council’s executive meeting chaired by Premier Li Keqiang Wednesday decided a host of steps to scale up support for flexible employment, boost job opportunities for people with disabilities and tackle the stubborn issue of wage arrears affecting migrant workers with legal means.

In April, the Ministry of Human Resources and Social Security released 13 new occupations such as farming manager, AI project technical personnel and e-sports player.

The country’s needs for farming managers in the coming five years will reach 1.5 million people, which is another indicator of the potential of the job market.

“Nothing big would go wrong next year if we could keep employment stable,” said the premier.

China still looking for satisfactory trade solution

Published December 10, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30379243?utm_source=category&utm_medium=internal_referral

China still looking for satisfactory trade solution

Dec 09. 2019
The nature of Sino-US economic and trade cooperation is mutually beneficial.[Photo/VCG]

The nature of Sino-US economic and trade cooperation is mutually beneficial.[Photo/VCG]
By China Daily/ANN

927 Viewed

China hopes to settle trade issues with the United States as soon as possible in a way that satisfies both sides, an assistant commerce minister said on Monday.

Assistant Commerce Minister Ren Hongbin said China hopes the two sides will advance trade consultations in line with the principles of equality and mutual respect, take into account each other’s core concerns and achieve satisfactory results as soon as possible.

The nature of Sino-US economic and trade cooperation is mutually beneficial,  Ren said during a press briefing in Beijing.

Since early October, China and the US have been negotiating a phase one dealaimed at de-escalating the prolonged trade dispute.

The US planned to impose another round of tariffs against Chinese goods on

Dec 15.

North Korea intensifies pressure on US as it tries to exact concessions

Published December 9, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30379219?utm_source=category&utm_medium=internal_referral

North Korea intensifies pressure on US as it tries to exact concessions

Dec 09. 2019
North Korean leader Kim Jong-un cuts a ribbon during a ceremony for the completion of the Yangdok County Hot Spring Cultural Recreation Center in North Korea in this undated picture released by North Korea's Central News Agency on Saturday. (KCNA)

North Korean leader Kim Jong-un cuts a ribbon during a ceremony for the completion of the Yangdok County Hot Spring Cultural Recreation Center in North Korea in this undated picture released by North Korea’s Central News Agency on Saturday. (KCNA)
By The Korea Herald/ANN

393 Viewed

North Korea has intensified pressure on the United States both in words and action in an apparent attempt to exact concessions from Washington before it returns to the negotiating table for nuclear talks.

On Sunday, the North’s state-run Korea Central News Agency reported that the country had successfully conducted a “very important test” at the Sohae Satellite launching ground Saturday, quoting a statement issued by a spokesman for the Academy of National Defense Science. “The results of the recent important test will have an important effect on changing the strategic position of the DPRK once again in the near future,” it said, referring to the North’s official name, Democratic People’s Republic of Korea.

The three-sentence statement did not elaborate on details of the test.

The Sohae Satellite launching station is also known as the Dongchang-ri site on the North’s western coast, a main facility for developing intercontinental ballistic missiles capable of striking the continental US.

Given that Pyongyang said the test will change the North’s “strategic position,” it is likely to have been an engine test for a new solid fuel for intercontinental ballistic missiles, according to Kim Dong-yub, an analyst at Seoul’s Institute for Far Eastern Studies.

North Korea has been developing rocket engines that burn solid fuel, meant to be capable of faster launches compared to liquid fuel.

The North has dismantled some parts of the Dongchang-ri site after its relations with the US improved following the first Trump-Kim summit in Singapore in June last year.

In September 2018, South Korean President Moon Jae-in and the North Korean ruler signed an agreement to permanently dismantle the Dongchangri engine testing site and launch pad and allow international inspectors to observe the process.

But some signs of recovery at the site have been detected recently as nuclear talks have stalled.

Negotiations between the US and North Korea have been stalemated since a second summit between Trump and Kim broke down in Hanoi, Vietnam, in February, failing to narrow a gap between North Korea’s demand for economic sanctions relief and Washington’s demand to first dismantle nuclear and biochemical weapons and missiles.

Working-level talks in Stockholm, Sweden in October also failed to make headway.

Over the weekend, North Korea criticized the Trump administration for dragging its feet on the stalled nuclear talks for the sake of domestic politics, while Trump warned the North against interfering in next year’s US presidential election.

According to the Associated Press, North Korea’s ambassador to the United Nations Kim Song released a statement criticizing the US’ pursuit of “sustained and substantial dialogue” as a “time-saving trick” to benefit a “domestic political agenda.”

“We do not need to have lengthy talks with the US now and the denuclearization is already gone out of the negotiation table,” he said.

With a series of statements from high-ranking officials, Pyongyang has been urging Washington to put forward measures for security guarantee and sanctions lifting ahead of resumption of denuclearization negotiations.

On Saturday, Trump said he did not think the North Korean leader wanted to interfere in next year’s US presidential election and said he would be surprised if Pyongyang acted in a hostile manner.

“We’ll see about North Korea,” Trump told reporters.

“I’d be surprised if North Korea acted hostilely,” Trump said at the White House. “He knows I have an election coming up. I don’t think he wants to interfere with that, but we’ll have to see … I think he’d like to see something happen. The relationship is very good, but there is some hostility, there’s no question about it.”

http://www.koreaherald.com/view.php?ud=20191208000149

Korean investors turn to real estate, less interested in stock market

Published December 9, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30379218?utm_source=category&utm_medium=internal_referral

Korean investors turn to real estate, less interested in stock market

Dec 09. 2019
(Yonhap)/On top of that, the total volume of mortgages extended by financial institutions gained 9.5 trillion won in the third quarter compared to 4.3 trillion won in the first quarter of this year,

(Yonhap)/On top of that, the total volume of mortgages extended by financial institutions gained 9.5 trillion won in the third quarter compared to 4.3 trillion won in the first quarter of this year,
By The Korea Herald/ANN

531 Viewed

Korean investors have been turning their attention toward the real estate market, reflected in an increase in mortgage lending, while cash flows in the equity market have been overall stagnant, recent data showed.

According to data released by the Bank of Korea last month, the outstanding balance of mortgage loans held by banks and other financial institutions here came to a combined 830.3 trillion won ($700.5 billion) as of September. The latest data is a noteworthy jump from the corresponding figures of 808 trillion won in 2018 and 770 trillion won in 2017, respectively.

On top of that, the total volume of mortgages extended by financial institutions gained 9.5 trillion won in the third quarter compared to 4.3 trillion won in the first quarter of this year, separate data from the central bank showed. The BOK cited a rise in the purchase of apartments and borrowers’ need for capital to pay for “jeonse” — a home lease system unique to South Korea that requires tenants to pay a large sum of money as a deposit instead of submitting monthly fees — behind the rise in numbers.

http://www.koreaherald.com/view.php?ud=20191208000147

Both the combined assets held by institutions and increase in mortgage lending work as important barometers for local investors’ interest in the real estate market.

Meanwhile, combined deposits in brokerage accounts – including dormant ones where investors have yet to claim profits from investments – in Korea came to 24.8 trillion won as of last week, a Korea Financial Investment Association data showed. The figure has remained overall flat for nearly a year, indicating a lack of fresh investments amid a sluggish stock market, weighed on by risks stemming from global issues including the US-China trade war.

The outstanding balance of margin loans extended to investors for purchase of stocks traded on the benchmark Kospi and the secondary Kosdaq came to 9.3 trillion won as of Thursday. Though the figure hovered above the 10 trillion-won mark from February to early July, it fell below the line in late July. It has remained below the mark since.

“There’s a belief among South Korean investors that there’s a safety net on real estate prices — that it won’t drop below a certain level,” said Hwang Se-woon, a senior researcher at Korea Capital Market Institute.

“Due to the belief, coupled with the sluggish stock market, the nation’s investment has been flowing into the real estate market,” he added.

The data comes as the government has adopted a slew of measures to tame soaring apartment prices here, including tighter lending rules and higher property taxes for expensive homes.

PMI rebound a good sign, analysts say

Published December 3, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30378977?utm_source=category&utm_medium=internal_referral

PMI rebound a good sign, analysts say

Dec 02. 2019
An engineer checks machines in Weifang of Shandong province, China, August 31, 2019. [Photo/VCG]

An engineer checks machines in Weifang of Shandong province, China, August 31, 2019. [Photo/VCG]
By China Daily/ANN

775 Viewed

China’s manufacturing activity rebounded to expansionary territory in November after a six-month streak of contraction. This indicates that growth is stabilizing and business confidence is improving in light of supportive government policies, analysts said on Sunday.

The purchasing managers index for the manufacturing sector bounced back to 50.2 in November from October’s 49.3, according to the National Bureau of Statistics. The growth beat many analysts’ expectation for a below-50 reading.

A reading above 50 indicates expansion, while a reading below reflects contraction.

Analysts said the official factory gauge’s return to the expansion zone indicated that the decelerating economic growth has shown sign of stabilizing and that the business outlook is brightening.

But they warned that the government needs to step up supportive policies to stimulate demand and shore up growth, as the manufacturing sector still faces downward pressure amid uncertainties surrounding the trade talks between Beijing and Washington.

The subindex for production gained 1.8 points to 52.6 in November, while the subindex for new orders rebounded by 1.7 points to 51.3, both of which were in the expansion zone, the NBS reported.

NBS senior statistician Zhao Qinghe said the data showed that both production and demand in the manufacturing sector had improved in November. The two indexes stood at their highest level since the start of the second half of the year.

High-tech manufacturing and the manufacturing of equipment and consumer goods also saw expansion over two consecutive months, showing that the economy is on a transformative track toward high-quality growth and a consumption-driven model, Zhao said.

Meanwhile, China’s nonmanufacturing sector registered faster expansion in November. Its PMI stood at 54.4, up from 52.8 in October, the NBS reported.

“The rebound of both manufacturing and nonmanufacturing PMI showed that downward pressure has been released to some extent in the fourth quarter. But it remains to be seen whether the trend will be sustainable, as the risk of weakening demand still exists,” said Liu Xuezhi, a senior researcher at the Bank of Communications’ Financial Research Center.

Top policymakers in Beijing will gather at the Central Economic Work Conference later this month. The meeting is expected to lay out the country’s growth targets and set the tone for the coming year.

The country’s monetary policy has become more accommodative to prevent a broader economic slowdown, with a focus on guiding more bank lending to smaller and private businesses.

In terms of fiscal policy, the Ministry of Finance has announced a new quota of 1 trillion yuan ($142 billion) of local government special bonds for 2020 and urged that the bonds be issued and used “as early as possible” to boost infrastructure investment.

Looking into 2020, economists predict that Chinese policymakers will maintain stable credit growth and a supportive fiscal policy to stabilize growth. The probability of Beijing and Washington reaching their phase-one trade deal could help reduce external uncertainties.

“The reduced external uncertainty and accommodative policy should lend some support to exports and corporate confidence, which in turn stimulate inventory restocking, manufacturing capital expenditures and private consumption,” Robin Xing, chief China economist at Morgan Stanley, wrote in a research note.

Hu Yifan, chief China economist of UBS Global Wealth Management, said that the country’s consumption remains resilient, and the government is likely to announce more tax and fee cuts to boost consumption in the coming year.

Is Vietnam an attractive place for Samsung chip plant?

Published December 2, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30378952?utm_source=category&utm_medium=internal_referral

Is Vietnam an attractive place for Samsung chip plant?

Dec 01. 2019
Samsung Electronics Vice Chairman Lee Jae-yong (left) and Vietnamese Prime Minister Nguyen Xuan Phuc hold hands after a meeting at the Grand Hyatt Seoul on Thursday. (Yonhap)

Samsung Electronics Vice Chairman Lee Jae-yong (left) and Vietnamese Prime Minister Nguyen Xuan Phuc hold hands after a meeting at the Grand Hyatt Seoul on Thursday. (Yonhap)
By The Korea Herald/ANN

640 Viewed

Is Vietnam a good place for chipmakers to consider building a high-tech plant?

In light of a request by the Vietnamese head of state to Samsung Electronics, the world’s largest chipmaker, many in South Korea are asking whether it is a viable business move.

In a private meeting held in Seoul on Thursday, Vietnamese Prime Minister Nguyen Xuan Phuc asked Samsung Electronics Vice Chairman Lee Jae-yong to consider building a chip manufacturing facility there. The Korean tech giant already has production plants for mobile phones and other IT devices in the country.

Following the request, the premier said he would offer plenty of incentives, although Lee did not immediately make a commitment, according to officials. Instead, the de facto leader of Samsung promised to hire a total of 3,000 Vietnamese engineers for a Samsung R&D center currently under construction in Hanoi. The envisioned center is set to be completed in 2022.

The idea might sound like a winning strategy for both sides, considering the incentives, the lower cost of labor in the Southeast Asian country and its economic growth prospects. Yet chances are slim that Samsung will go for it, industry insiders say, citing the basic requirements of a semiconductor business.

“When chipmakers look for plant sites, they consider two factors — local talent and the market (with a pool of clients),” said an industry official.

Access to first-rate engineers is a must for a high-tech manufacturing facility, the official said, and low-cost labor is less appealing to chipmakers.

“More importantly, chip plants need to be located close to their target markets,” he said.

Samsung currently runs a system-on-chip factory in Austin, Texas, and a memory plant in Xian, China.

“Austin is home to top-level students studying engineering, and the US is also the biggest market for Samsung,” explained a Samsung official.

The reason that not only Samsung but also SK hynix — the second-biggest memory provider in the world — have their memory lines in China is because it a significant market with huge growth potential, another industry insider said.

“Samsung and SK hynix didn’t build the facilities in China because of low labor costs,” the insider said. “They were more aware of the market’s growth potential on one hand, and the diplomatic relations between Korea and China on the other.”

Economics experts too are skeptical about the possibility of Samsung breaking ground for a chip plant in Vietnam.

“Chip plants need very sophisticated and high-level engineers for operations,” said Joo Won, director of the economic research team at Hyundai Research Institute, noting the potential difference in talent pool in Vietnam. “Also, the market isn’t as big as China, although Vietnam is one of the leading economies among the ASEAN countries.”

Since 1995, Samsung has invested nearly $17 billion in the Southeast Asian country and employed around 130,000 local workers at its manufacturing facilities for TVs, smartphones, displays, batteries and other electronic parts.

As much as 58 percent of Samsung phones being sold worldwide are made in Vietnam, according to the prime minister.

Semiconductors are essential for the production of smartphones. But unlike the bulkier parts used to make vehicles or larger IT devices, transporting the tiny components is relatively easy, so it isn’t essential to have a chip plant nearby to reduce logistics costs. Vietnam has many production facilities for IT devices, mostly consumer products for which Samsung chips with high specifications are not necessary, said other experts.

http://m.koreaherald.com/view.php?ud=20191201000167

HKSAR financial chief expects more tech firms to go public in HK following Alibaba

Published December 2, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30378949?utm_source=category&utm_medium=internal_referral

HKSAR financial chief expects more tech firms to go public in HK following Alibaba

Dec 01. 2019
Alibaba Group Holding debuts on the Hong Kong Exchanges and Clearing Market on Tuesday. [Photo/VCG]

Alibaba Group Holding debuts on the Hong Kong Exchanges and Clearing Market on Tuesday. [Photo/VCG]
By China Daily/ANN

619 Viewed

HONG KONG – Financial Secretary of China’s Hong Kong Special Administrative Region (HKSAR) government Paul Chan has said Sunday that he expects more tech firms to go public in Hong Kong, encouraged by the successful fund-raising of leading companies including Alibaba.

 

In his weekly article, Chan said there will be a cluster effect following the listing of tech giants.

Alibaba Group Holding Ltd. made a debut on the main board of Hong Kong Stock Exchange Tuesday in one of the world’s largest fund-raising this year.

Chan said the major opportunities will likely come from the Guangdong-Hong Kong-Macao Greater Bay Area as more and more tech startups are emerging and thriving in the area that aims to become an international center for technology and innovation.

Hong Kong can continue to play the role of an international financial hub to assist the development of those firms, Chan said, in particular citing Hong Kong’s highly-developed market of private equity funds.

It is fortunate that the impact from the nearly-half-year social unrest remains limited in Hong Kong’s financial sector, though the broader economy and people’s livelihood have been severely affected, Chan said

‘High cost of living in Malaysia due to weak ringgit’

Published December 2, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30378942?utm_source=category&utm_medium=internal_referral

‘High cost of living in Malaysia due to weak ringgit’

Dec 01. 2019
Every vote counts: Dr Mahathir casting his vote at the Perkim 58th annual general meeting in Petaling Jaya. —Bernama

Every vote counts: Dr Mahathir casting his vote at the Perkim 58th annual general meeting in Petaling Jaya. —Bernama
By The Star/ANN

672 Viewed

KUALA LUMPUR: A weak ringgit is one of the reasons behind the high cost of living, says Tun Dr Mahathir Mohamad.

The Prime Minister said previously the ringgit was about RM3.80 to one US dollar.

“Now it is about RM4.20 to one US dollar and now everything that we want to buy has become expensive,” he said after opening the Muslim Welfare Organisation of Malaysia (Perkim) 58th annual general meeting here yesterday.

Dr Mahathir was asked to comment on the findings of the National Worry Index survey that saw bread-and-butter issues topping the list with 86% worried about the cost of basic needs and unaffordable homes, followed by the lack of job opportunities at 77%.

The index – released by think-tank Emir Research – also showed that respondents were generally unsure if the country’s future was on the right track.

To this, Dr Mahathir said those who were not confident with the way the government was implementing its promises could determine Pakatan Harapan’s fate in the 15th General Election.

“If they are unsure, they can vote during the 15th General Election.

“They can vote to determine Pakatan’s fate,” he said, adding that it would take a full five-year term for the government to implement all of its election promises.

Dr Mahathir said Pakatan did not get the full picture when it was drafting its election manifesto.

“When we took over, we found more problems left by the previous government that are more damaging than we had expected. This is why it will take some time to achieve our goals,” he said.

On a separate matter, the Prime Minister said the government was still studying amendments to

the Security Offences (Special Measures) Act (Sosma) 2012.

“We do not simply want to release terrorists who will make bombs and detonate them here and there.

“We cannot give these individuals bail,” he said.

Dr Mahathir added that those who were charged with sabotaging the economy despite there being no concrete support could be given bail and should not be detained for too long.

“At the moment, we want to reduce the detention period of 28 days,” he said.

On Nov 6, Home Minister Tan Sri Muhyiddin Yassin said the government planned to reduce the remand period to 14 days for those detained under the Act.

 

Read more at https://www.thestar.com.my/news/nation/2019/12/01/high-cost-of-living-due-to-weak-ringgit#TQ3oSRQch54QsbOY.99

Choon How strikes first gold medal for M’sia in SEA Games 2019

Published December 2, 2019 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/ann/30378941?utm_source=category&utm_medium=internal_referral

Choon How strikes first gold medal for M’sia in SEA Games 2019

Dec 01. 2019

 It’s a first medal and a gold as wushu exponent Loh Choon How won the men’s taijiquan event to give Malaysia a perfect start at the Philippines SEA Games.

It’s a first medal and a gold as wushu exponent Loh Choon How won the men’s taijiquan event to give Malaysia a perfect start at the Philippines SEA Games.
By The Star/ANN
703 Viewed
MANILA: It’s a first medal and a gold as wushu exponent Loh Choon How won the men’s taijiquan event to give Malaysia a perfect start at the Philippines SEA Games.

The 26-year-old scored 9.680 to take the gold ahead of Brunei’s Hosea Zheng, who finished with 9.590.

Two-time former SEA Games champion Daniel Parantac settled for bronze for the Philippines with 9.560.

Read more at https://www.thestar.com.my/sport/others/2019/12/01/choon-how-strikes-first-gold-medal-for-m039sia-in-sea-games-2019#75xaoPUSqz1iejXO.99

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