Nationwide crackdown launched on illegal nominee shareholders and land holdings
Government to start building Chainat-Pasak-Gulf water diversion canal next year
Trump hails China talks, says two sides negotiated 'total reset' in Geneva
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Trump hails China talks, says two sides negotiated 'total reset' in Geneva
13 Sept 13:51Key points summarised by AI
President Trump declared U.S.-China talks in Geneva a "total reset," expressing a desire for China to open up to American businesses and claiming "GREAT PROGRESS MADE."
Top U.S. and Chinese officials, including U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, held extensive, eight-hour discussions aimed at defusing the escalating trade war.
The negotiations sought to address the trade dispute that has brought nearly $600 billion in annual bilateral trade to a standstill and threatened the global economy.
The U.S. pushed for a reduction in its trade deficit and market reforms in China, while Beijing demanded lower tariffs and equal treatment on the world stage.
Despite low expectations for an immediate breakthrough on tariff reductions, the talks themselves were seen as a crucial, positive step towards de-escalation and establishing a potential roadmap for future dialogue.
Government to start building Chainat-Pasak-Gulf water diversion canal next year
Today 14:58Key points summarised by AI
Thailand's government will launch the "Chainat-Pasak-Gulf" water diversion canal project in fiscal year 2027, a seven-year mega-infrastructure initiative.
This permanent structural solution aims to mitigate recurrent central plains flooding by diverting water from the Chao Phraya River directly into the Gulf of Thailand, significantly reducing flow to major cities like Ayutthaya and Bangkok.
Prime Minister Anutin Charnvirakul justifies the long-term investment as a means to reduce future damages and fiscal burdens, contrasting it with the 40-50 billion baht spent annually on short-term flood relief.
Concurrently, the Prime Minister instructed officials to expand drainage capacity into the Tha Chin River and swiftly remove water hyacinths to improve immediate flood management.