Indonesia Lowers Coal Reference Price For Sept, As Demands Remain Depressed

JAKARTA, Sept 2 (NNN-ANTARA) – Indonesia edged lower the coal reference price, known as the coal benchmark reference price, for Sept, as demands remain weak, during the COVID-19 pandemic. The Indonesian Energy and Mineral Resources Ministry, brought down the coal reference price for Sept by 0.92 percent, to 49.42 U.S.…

Thai Finance Minister Resigns After 20 Days In Office

BANGKOK, Sept 2 (NNN-TNA) – Thailand’s Finance Minister, Pridi Daochai, resigned on Tuesday, after performing his duty for only 20 days. The royal gazette, published on Tuesday, said, Pridi’s resignation as the finance minister will take effect on Wednesday (today). In his letter of resignation, Pridi cited “poor health” as…

Int’l Air Service Resumes In Nepal After Five-Month Halt

KATHMANDU, Sept 2 (NNN-NEPALNEWS) – The international air service in Nepal has resumed, after more than five months of shut-down. According to the Tribhuvan International Airport (TIA), a total of 264 passengers arrived here from Qatar, on Tuesday alone. “Two Nepal-based international airlines, brought these passengers, in two different charter…

Australia In Recession For 1st Time In Nearly 30 Years

CANBERRA, Sept 2 (NNN-AGENCIES) – Australian Gross Domestic Product, fell 7.0 percent in the June quarter, the largest quarterly fall on record, according to figures released by the Australian Bureau of Statistics today. The figure follows a fall of 0.3 percent in the Mar quarter this year. It means that,…

Thai Central Bank Warns 2nd Wave Of COVID-19 To Delay Economic Recovery

BANGKOK, Sept 2 (NNN-TNA) – With surging COVID-19 cases in neighbouring Myanmar, the Bank of Thailand (BoT) warned that, the threat of a second-wave of COVID-19 infections may delay economic recovery, despite latest indicators showing signs of improvement. Although the Thai economy was better than expected in June and July,…

Unemployment Rate Nears 10 Percent In Urban India

NEW DELHI, Sept 2 (NNN-UNI) – The rate of unemployment in urban India rose to 9.83 percent in Aug, from 9.15 percent in July, according to the monthly unemployment data, released by the Centre for Monitoring Indian Economy (CMIE) on Tuesday. It showed that the rate of unemployment in rural…

Thailand To Run Trams In Northeast Province

BANGKOK, Sept 2 (NNN-TNA) – The government of Thailand’s northeastern Nakhon Ratchasima province, said, it will have trams running in the city and towns of the province by 2025. The plan was confirmed by Deputy Governor of the Mass Rapid Transit Authority of Thailand (MRTA), Theeraphan Tachasirinugune, on Tuesday. The…

Israel Reports 1,942 New COVID-19 Cases

JERUSALEM, Sept 2 (NNN-MA’AN) – The total number of COVID-19 cases in Israel reached 118,538 on Tuesday, with 1,942 new cases, the state’s Health Ministry said. The death toll from the virus climbed by 18 to 957, while the number of patients in serious condition dropped from 437 to 414,…

1MDB Trial: 1MDB took another loan despite being in RM32 billion debt – Witness

KUALA LUMPUR, Sept 1 (NNN-BERNAMA) — The High Court today was told that 1Malaysia Development Berhad (1MDB) took out another loan to complete the joint venture (JV) with Aabar Investment PJS despite having an existing USD$3 billion in issued bonds for the JV and deep in RM32 billion debt back in 2014.…

Malaysia to restrict entry of Indian, Indonesian, Philippines’ long term pass holders from Sept 7

PUTRAJAYA, Sept 1 (NNN-BERNAMA) — Malaysia will block the entry of long-term pass holders from India, Indonesia and the Philippines starting from Sept 7 due to the sharp increase in positive COVID-19 cases in those countries. Senior Minister (Security Cluster) Ismail Sabri Yaakob said the restrictions included six categories, namely,…
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