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NEWS UPDATES Asean Affairs    10  June  2016  

Capital stops issuance of $178 million in bonds

The capital has stopped the issuance of bonds worth VND4 trillion (US$177.8 million), which were to be used for municipal development in 2016.
Ha Noi State Treasury Director Dao Thai Phúc said although the local People’s Council had adopted the issuance of the five-year bonds, it was then stopped to save costs, reduce public debts and avoid capital dispersal in capital construction.
The city would use its existing resources to complete the scheduled construction traffic projects, he said.

According to the treasury, budget revenue totalled more than VNĐ73 trillion in Hà Noi during the first five months of this year, representing 43 per cent of the annual quota. Revenue from import-export activities reached some VND5.9 trillion, while some VND66.4 trillion came from domestic sources.

Budget spending in the city reached nearly VND47.5 trillion as of May 31. —

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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