Breakthrough with the AMF ?????, South Korea Korea, Japan and China will contribution $96 billion for the chiang mai Initiative as agreed to at the finance ministers' meeting. Korea will contribute 20 percent of the funds from the three countries, while China and Japan will contribute 40 percent ...
Shan group calls for worker registration Shan Herald Agency for News, Thailand Saengmuang Maungkorn, chairman of the Chiang Mai-based Shan Cultural Study Club, said an organisation should be set up to register workers from Burma, including those of Shan descent, who come to Thailand looking for work. Their registration would be ...
ASEAN+3 Agree to Boost Emergency Funds ????(???), South Korea ASEAN member states plus Korea, China and Japan met in Phuket, Thailand on Sunday and agreed to expand the Chiang Mai Initiative to increase the scale of emergency funds from US$80 billion to $120 billion to help members solve their liquidity shortage. ...
China injects $38b into Asian crisis fund ???, China The three nations will contribute on a 2:2:1 ratio - $38.4 billion from China and Japan and $19.2 billion from South Korea - making up 80 percent of the fund, known as the Chiang Mai Initiative. Japan has also launched a separate scheme to supply up to ...
Chiang Mai celebrates ordination of Mgr Arphonrat AsiaNews.it, Italy Bangkok (AsiaNews) ? The diocese of Chiang Mai, northern Thailand, celebrated the consecration of its new bishop, Fr Francis Xavier Vira Arphonrat (pictured). Ordained priest on 7 June 1981, he was the secretary general of the Episcopal Commission for ...
Japan offers $100bn for Asian economies Financial Times, UK - Raphael Minder, Raphael Minder ... the finance ministers of the 10 countries of the Association of South-East Asian Nations in Indonesia that it would set up a Y6,000bn ($61.5bn) bilateral currency swap scheme , on top of a $38.4bn commitment to the multilateral chiang mai initiative.
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