Techsauce organizes the Thailand Transition to Global Impact event, driving Thailand to the world stage, revealing THAI’s 4 strategies, combining the public and private sectors, accelerating Thailand to become the Tech Gateway of the region.
Techsauce, the driver of the technology ecosystem in Thailand Reinforcing the organization’s vision as a Tech Ecosystem Builder in Thailand, he organized the event Thailand’s Transition to Global Impact, driving Thailand to the world stage. Reinforce the mission of pushing Thailand towards being Tech Portal Technology and innovation business center This is the first gateway to South East Asia.
Mr Prasert Chandraruangthong, Minister of Digital Economy and Society, said that currently promoting the development of technology, especially AI, in the country is important in driving Thailand towards sustainable development. On a par with world industries
Most recently, the Ministry of Digital Economy and Society Thailand’s Engine Growth plan has been implemented to increase the competitiveness of the Thai digital startup industry, whether it creates a platform to promote Thai startups (Digital Startup Nation), by create a digital start-up fund to support investors in the form of Co-Investment with the private sector, promote digital service accounts
At the same time,
Boeing: An Investigation Opened In The United States…
2024-05-07 01:56:05
The setbacks continue for Boeing. The American Civil Aviation Agency (FAA) announced on Monday the opening of an investigation into the aircraft manufacturer, to determine whether it had carried out the required inspections of its emblematic 787 “Dreamliner”, and whether documents had been falsified by employees.
This investigation aims in particular to find out whether Boeing correctly carried out the mandatory inspections regarding the junction of the wings to the fuselage “on certain 787 Dreamliner aircraft,” the FAA indicated in an email. The agency says it is “investigating whether Boeing performed the inspections and whether company employees may have falsified documents related to the aircraft.”
That investigation was initiated after Boeing informed the agency “in April that it may not have performed required inspections.” The aircraft manufacturer “re-inspects all 787 aircraft still in production and must also develop a plan to care for the fleet in service,” adds the FAA. The 787 Dreamliner and the 737 MAX have suffered many production problems since 2023, which have slowed down the aircraft manufacturer’s deliveries. This has forced several airlines to change their flight schedules for 2024.
“No immediate security problem”
Scott Stocker,
Real-Time Market Insights: Stay Updated With Live Stock…
Ryan Detrick, chief market strategist at Carson Group, dismisses the traditional “Sell in May and go away” strategy, suggesting that the stock correction in April has passed.
Detrick emphasizes the importance of not blindly following seasonal trends, but notes that election years often bring strength to the market during the summer months.
He reveals his preference for cyclical stocks, with increased exposure to industrials and financials in recent months. Additionally, Detrick highlights the potential growth in mid-cap and small-cap stocks for the remainder of the year.
— Hakyung Kim
Guard! Russia Sharply Increased Oil Revenues
According to calculations, last month such budget revenues more than doubled in annual terms – from 497 billion to 1.053 trillion rubles. At the same time, the Russian Federation increased its total oil and gas revenues in April by 90 percent compared to the same period last year, to 1.23 trillion rubles.
Analysts note that rising prices for Russian oil contributed to this dynamics. In April, taxes were calculated based on the Urals price of $70.3 per barrel; a year earlier, this figure was $48.68 per barrel. The weakening of the ruble also had a positive effect on budget revenues, experts write.
Experts have calculated that in 2024 the Russian Federation will receive about $126 billion in tax revenues from oil and gas. According to Bloomberg Economics Russia economist Alex Isakov, this figure is slightly higher than government forecasts. He also said that Russia will break even with the current “military” budget if the price of Brent oil is above $95 per barrel, but even with the price of oil above $70 per barrel, the country’s financial position will remain relatively stable.
#Guard #Russia #sharply #increased #oil #revenues
2024-05-06 23:11:37
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RELATIONS WITH DONORS
On the right track. This is the little that can be said about the negotiations of the Malagasy authorities with the International Monetary Fund, IMF. Optimism shared yesterday evening at the meeting room of the Ministry of Economy and Finance in Antaninarenina.
Not very talkative about the content of the discussions, Frédéric Lambert, head of mission of the IMF, nevertheless revealed a calendar deadline. “We hope to reach an Agreement by the end of June.”
But what Agreement is this? Rindra Hasimbelo Rabarinirinarison, Minister of Economy and Finance, provides clear and unequivocal details. “The government has chosen to abandon the Extended Credit Facility, ECF, in its current configuration. To renegotiate another with four pillars. Fiscal anchoring and public finances, good governance, the monetary pillar and inclusive growth for human development and human capital. Madagascar aspires to obtain the Resilience and Sustainability Facility, FRD, more conducive to our financial needs because it is aimed at countries most vulnerable to the effects of climate change and facing environmental challenges. However, to hope to have access to the FRD, the requesting country must, among other conditions, be under a sub-program with the IMF for at least 18 months. While the current FEC ends in July.”
She hopes to have it both ways.
Pemex Falsifies Cost Of Dos Bocas
The general director of Petróleos Mexicanos (Pemex), Octavio Romero Oropeza, announced this Friday that the Olmeca refinery in Dos Bocas, in Tabasco, had a total cost of 16,816 million dollars, including VAT.
However, this figure is false according to the information that the company itself presented a few days ago in the United States and the opinion of specialists, who monitor the physical and financial progress of the project.
“That budget is false, because the work has received many more resources. Due to the transfers that Pemex has had from the Sener (Secretariat of Energy), it could even already be within the framework of 27 billion dollars,” he estimated. Gonzalo Monroy, general director of the consulting firm GMEC.
Pemex’s report in the United States Securities and Exchange Commission (SEC), whose publication was on April 30, indicates that 21 months ago, in August 2022, the Board of Directors of the oil company, through resolution CA-092/2022, authorized and approved the scope of the project, as well as its updated budget.
The document details that the authorized budget was 15,963 million dollars, VAT included, plus another 853.3 million dollars, also VAT included, for the start-up of the country’s first refinery in more than four decades.
Forming Parties Look At Belgian Measure: No Men…
#Forming #parties #Belgian #measure #men #asylum #reception
AFPE An asylum seeker in a tent on a square in Brussels, last September
NOS News•yesterday, 4:31 PM
The forming parties PVV, VVD, NSC and BBB want “more control over migration”, as it turned out today once again from a photographed negotiation document. Behind the scenes, negotiators mention measures from Belgium as an option to tackle the reception problem.
But how do you like this policy in Belgium?
Families priority
The Belgian measure last August was a striking one: single male asylum seekers would no longer receive shelter and food. The reason was an acute shortage of places for asylum seekers.
“If we have a shortage of places, despite all efforts to find extra beds… well, then I will give priority to families with children,” State Secretary De Moor said about the decision.
Since then, men have been able to register as asylum seekers upon arrival at the registration center, but then have to wait on the street. They do, however, claim a place in a homeless shelter. However, there is not room for everyone there: in Brussels alone there are more than 7,000 homeless people,
FAA Launches Investigation Into Alleged Falsification Of Boeing…
US FAA Opens Probe into Boeing 787 Inspections FAA Investigation Raises Concerns
The US Federal Aviation Administration (FAA) has recently opened an investigation into Boeing’s 787 Dreamliner inspections. This move comes after numerous allegations of falsified inspection records by Boeing workers.
Potential Safety Risks
The investigation by the FAA stems from concerns over potential safety risks that may arise from an inadequate inspection process. Preliminary inspections have led to suspicions that some inspection records have been falsified, letting potentially serious issues go unnoticed.
Boeing Workers Under Scrutiny
Boeing’s employees are under great scrutiny following the allegations of falsified inspection records. As the probe continues, the focus is shifting towards determining the extent of workers’ involvement, the reasons behind such falsification, and the potential impact on the safety of the 787 Dreamliners.
FAA Takes Immediate Action
The FAA, being responsible for ensuring air travel safety, has taken swift action to investigate the matter thoroughly. Their priority lies in identifying any safety vulnerabilities resulting from negligence in inspections. It is critical to restore confidence in Boeing’s inspection processes.
Implications for Boeing and Air Travel
Amidst this probe, Boeing’s reputation is at stake. The company faces potential damage to its credibility and may experience financial repercussions.
Logistics Activity Increased, Chinas Logistics Industry Prosperity Index…
China’s Logistics Industry Prosperity Index Increases in April
The China Federation of Logistics and Purchasing announced today (7th) China’s logistics industry prosperity index in April. Changes in the index show that the prosperity level of the logistics industry continues to improve, logistics activity has increased, and the foundation for good development has been further consolidated.
China’s logistics industry prosperity index in April was 52.4%, an increase of 0.9 percentage points from the previous month. Among the sub-indexes, the total business volume index, new order index, and equipment utilization index all continued to rebound, and logistics activity increased significantly.
In April, the upstream and downstream supply chains maintained a coordinated recovery trend, and the transportation volume of energy raw materials fell slightly, but the growth rate was stable. In the manufacturing industry, the logistics demand for equipment manufacturing and transportation equipment manufacturing has been released in an orderly manner, and the logistics demand for daily fast-moving consumer goods and furniture, home appliances, and durable consumer goods has achieved rapid growth. In terms of regions, the total business volume index in the eastern and central regions both rebounded by more than 1 percentage point month-on-month; the new order index in the eastern and central regions also rebounded by more than 0.5 percentage points.