The Foreign Minister expressed disappointment that the U.S. side had not consulted with the Thai side prior to releasing the alert since the Thai intelligence agencies concerned had earlier been in close coordination with the U.S. and other countries involved.
At the same time, the Foreign Minister confirmed that the Royal Thai Government, through the intelligence and security agencies, as well as the Ministry of Foreign Affairs, had been aware of the possible terrorist threat, with Pol. Capt.
Chalerm Ubumrung, Deputy Prime Minister, and related Thai agencies, such as the National Security Council and the Royal Thai Police, coordinating closely on this matter. On 12 January 2012, the authorities had detained a foreign suspect who is now being questioned. The Ministry of Foreign Affairs will also coordinate with foreign embassies that have issued travel alerts and advisories to ensure their understanding about the situation as the advisories issued have affected the country’s standing as a whole.
The Foreign Minister underscored that Thailand is a peace-loving country that has always pursued appropriate policies in the international arena and has friendly relations with all countries.
Clear skies over Asia’s new foreign investment landscape?
Compounding the fallout of the US–China trade war, the global pandemic and recession have caused considerable speculation on the future of foreign investment and global value chains (GVCs). But though there is likely to be some permanent change, it will probably not be as great as politicians expect.(more…)
How higher US bond yields will impact Asia Pacific bonds
As financial markets started pricing in stronger US economic growth and inflation because of Joe Biden’s stimulus plan, US bond yields have risen, causing ripple effects across the world, including in APAC.
Following the rise in US bond yields in response to Joe Biden’s stimulus plan and amid higher inflation in some economies, Asia Pacific bond yields have risen significantly as well, especially in Southeast Asia, India, Hong Kong, and Australia. However, Northeast Asian bond yields have risen little.(more…)
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