Thailand Golf Tour swings back with full 2021 season, Bt40m prizemoney #SootinClaimon.Com

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Thailand Golf Tour swings back with full 2021 season, Bt40m prizemoney (nationthailand.com)

Thailand Golf Tour swings back with full 2021 season, Bt40m prizemoney

Dec 19. 2020The All Thailand Golf Tour (ATGT) commissioner Jakraphong Thongyai. The All Thailand Golf Tour (ATGT) commissioner Jakraphong Thongyai. 

The All Thailand Golf Tour (ATGT) has announced a full programme for the 2021 season, with 12 events offering total prizemoney of almost Bt40 million, starting with the Boonchu Ruangkit Championship next month. Three tournaments have increased their prize funds.

“During tough times caused by Covid-19, we are excited to announce a full schedule for the coming season. Our players will have more opportunities to play than previous years [and] the biggest-ever purse of almost Bt40 million,” said ATGT commissioner Jakraphong Thongyai. He also hailed sponsors for remaining committed to the tour. “Among them are Singha Corp, the Sports Authority of Thailand and Nation Sports Development Fund.”

The Boonchu Ruangkit Championship will kick off the season at Rancho Charnvee Resort & Country Club, Nakhon Ratchasima from January 14-17. The Bt4-million tournament, in its 7th edition, will serve as the season-opener for the third year in a row.

It will be followed by Singha E-san Open (February 11-14) at Singha Park Khon Kaen Golf Club in Khon Kaen and the Singha Classic (February 25-25) at Royal Hills Golf Resort & Spa, Nakhon Nayok. Along with the Singha Laguna Phuket Open and Singha Chiang Mai Open, the annual Singha Classic will increase its prize fund to Bt3 million, up Bt1 million from this year.

The 22nd Singha Thailand Masters, the oldest and most lucrative event on the tour with a purse of Bt5 million, will be played at Santiburi Country Club, Chiang Rai on April 1-4. Details of the annual Thongchai Jaidee Foundation tournament will be revealed in due course.

Since launching in 1999, the tour has grown in both events and the number of golfers.

“We want to give our members as many opportunities as possible to play golf,” said the commissioner, adding that the ATGT was the only golf tour able to host events during the Covid-19 pandemic.

World No 1 on top of the CME Group Tour Championship leaderboard #SootinClaimon.Com

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World No 1 on top of the CME Group Tour Championship leaderboard (nationthailand.com)

World No 1 on top of the CME Group Tour Championship leaderboard

Dec 19. 2020Jin Young Ko (Photo credit to LPGA)Jin Young Ko (Photo credit to LPGA) Leading after 36 holes for the first time since the 2018 Indy Women in Tech Championship, World No. 1 Jin Young Ko leads the CME Group Tour Championship at -9 after a second-round 67 at Tiburon Golf Club.

Ko hit 14 of 14 fairways and went bogey-free while finding five birdies with four of them on her back nine. Playing in only her fourth LPGA Tour event of 2020, Ko said the chilly conditions reminded her of mornings in Dallas and Houston the past two weeks, but she still felt comfortable with her game in Naples, Fla.

“Before, when I play in KLPGA, it was really cold, so I hate cold weather to play golf, but right now I love it,” said Ko.

One stroke back of the six-time LPGA Tour winner is two who are in familiar territory being in contention at the Tour’s season finale: defending champion Sei Young Kim and 2018 champion Lexi Thompson. Kim started strong with four birdies in her first five holes but made the turn after bogeys on Nos. 7 and 9. A birdie on No. 14 and eight pars was enough for a second-straight sub-70 round (69). Thompson also rebounded after two bogeys on her front nine with birdies on No. 14 and 15 for her 16th consecutive under-par round at Tiburon.

“It feels very solid in the morning because we got the strong wind, but my shot really solid. After I had four birdies, I feel like it’s not good. Yeah, it feel like getting it’s not used to,” said Kim. “So I had two bogeys and I had few missed shots, and then I try to, yeah, just relax and got me back on normal feel. So, I was able to finish it normal.”

“It was different conditions today of course, with the cooler weather in the morning, and I would say overall it was a lot breezier throughout the day. But it was nice out. Definitely can’t beat it. It’s not raining, so that’s always nice,” said Thompson. “It was a little bit of an up and down day. I thought I struck it really well on the front nine. I got a few bad breaks with a few ridges on the greens, but you can get that on this golf course.”

Behind Kim and Thompson is Australian Hannah Green, whose 68 on Friday was enough to keep her at solo fourth on -6. Green is followed by six players in a tie for fifth, including Florida native Nelly Korda. Korda, who came in a tie for third at the 2019 CME Group Tour Championship, pulled together a 6-under 66 after a first-round 72, carding seven birdies on the day. Lurking at -5 and in a tie for 11th is Mina Harigae and 2014 champion Lydia Ko, who recorded the lowest round of the day with 65, three shots off the tournament’s 18-hole scoring record (62) that she set back in 2016.

WORLD NO. 1 PROJECTIONS FOR CME

As Jin Young Ko and Sei Young Kim battle for another career victory on the LPGA Tour, the fight for World No. 1 comes to head this week at the CME Group Tour Championship. Heading into the Tour’s season finale, Ko began her 73rd consecutive at World No. 1 with an average of 8.3835, while Sei Young Kim sits firmly in No. 2 on the Rolex Rankings with a 7.4070 average.

There is one scenario that would project shifting of the No. 1 position in the Rolex Rankings. Kim, who has two victories on the season including her maiden major title at the KPMG Women’s PGA Championship, must win and have Ko finish solo 10th or worse. A second-place finish by Kim and zero points earned by Ko is not enough for Kim to overtake Ko in the Rolex Rankings.

“World ranking is — my thinking, my opinion, is it’s just little things to play golf. So if play good I can do world ranking No. 1 still; but if not, yeah, and then she plays good, she can do,” said Ko, who will play with Kim in Saturday’s final grouping.

“I’m very looking forward to this weekend because it’s going to be, my position is really exciting to chase the world ranking No. 1,” said Kim. “I’m very excited and then look forward, and hopefully play well this weekend.”

LEXI BATTLES BACK TO STAY IN THE HUNT AT SEASON FINALE

With her legs up against the revetted wall of the greenside bunker on the par-5 17th at Tiburón Golf Club, Lexi Thompson pulled off one of the greatest golf shots ever seen at the CME Group Tour Championship. She failed to make the six-foot birdie putt, but the effort resembled the type of resiliency shown by Thompson throughout the second round of the LPGA Tour season finale this afternoon.

“Oh my gosh, I can’t wait to watch that,” said Thompson, in awe of her own accomplishment. “My brother [and caddy Curtis] was like, ‘the main focus is to not hit the lip on your downswing. I was like, yeah. He was like, ‘just open up.’ Well then I’m going to hit my leg. It was one of those shots where you hit and hope. I got in there and was like, okay, there is this miracle shot and it happened.”

Thompson managed a birdie on No. 2 before bogeys at Nos. 3 and 9 to make the turn at 1-over par. The 2018 CME Group Tour Championship winner rebounded with birdies on Nos. 14 and 15 to climb back into red figures for the round.

She closed a 1-under par 71 with three straight pars—including the rabbit out of a hat shot at No. 17—to remain within striking distance at -8 overall. Thompson will join the Rolex Rankings No. 1 and 36-hole leader Jin Young Ko and defending CME Group Tour Championship champion Sei Young Kim in the final grouping of the third round off No. 1 tee at 10:50 a.m. ET tomorrow.

“Every time I tee it up, I know I’m competing against the best,” Thompson said. “I don’t think I’ve been paired with them together ever in my career. It’ll be nice. Looking forward to the weekend and hopefully get some good weather, go out and have two more good rounds.”

HANNAH GREEN’S 24th BIRTHDAY WISH? TO WIN ON HER BIRTHDAY

With two rounds left to go in Naples, Fla., major winner Hannah Green shot a 4-under 68 on Friday to sit in solo fourth heading into the weekend at the CME Group Tour Championship. Green said a win would be the perfect birthday present, as the young Australian turns 24 on the final day of the Tour Championship.

“We were fortunate enough to have the events we had this year, and very fortunate CME has helped us out along the way. I hope I can get a win this year and sneak one in on my birthday,” said Green. “It’s strange to be in an event [during my birthday,] and I’m planning on driving back to Orlando, about a three-hour drive. I’ll mainly be by myself, but if I had a trophy in the seat next to me, I would be very, very happy, so we’ll see what happens.”

Green said she’s never played in a Tour event in December, and normally she would be celebrating with friends and family in Perth. She said it’s strange to be at an event, but going home on Sunday with a trophy would be the best bonus of 2020. In 2019, Green won both the KPMG Women’s PGA Championship and the Cambia Portland Classic. Winning this week would be her first victory of the season and her first top-10 finish, though she has recorded three top-15 results this year.

“I feel like I’m hitting a lot of fairways and greens, which is really important here. Also miss-hitting it. It’s easy to miss greens here, so making sure you don’t short-side yourself and leave yourself in the best possible place to make up and downs. I think I’ve done a great job with that,” said Green. “Over the last couple weeks, it’s been a struggle dealing with the cold. I’m not used to those temperatures, so it’s nice to come here and be able to just wear one layer and feel where your swing is.”

KORDA BACK IN CONTENTION AT THE CME GROUP TOUR CHAMPIONSHIP

“I’m a Florida girl. I do not like this. I like fall fashion, but I do not like playing golf in this kind of weather.”

Nelly Korda may not be a fan of the chillier conditions at Tiburon Golf Club on Friday, but that didn’t stop the young three-time LPGA Tour winner from recording a second-round 66 at the CME Group Tour Championship to shoot up the leaderboard from a tie for 36th into a tie for fifth at -6. Korda tied her lowest 18-hole score in Naples, which she previously recorded in last year’s third round.

“I just feel super comfortable out here. I guess it’s because I grew up in Florida. Just the style of this golf course, I just feel super confident out here,” said Korda, who has three top-10 finishes in her three appearances at the Tour Championship. “It was really nice to roll in some putts. I wasn’t putting too well yesterday, but my dad — behind the fence — saw me putt on the putting green after my round and helped me out a little bit. So that really helped today,”

It was a significant difference from last week, where Korda said she felt “rusty” while competing in the U.S. Women’s Open, her first event since withdrawing due to a back injury from the KPMG Women’s PGA Championship. Korda said it was a learning experience, as the 22-year-old became motivated to play better at the LPGA Tour’s season finale.

“It was more of like my feel wasn’t really there. At the end of the day, no one really pays attention I think to like, ‘Oh, she was injured.’ They pay attention to the score,” said Korda, who missed the cut last week at Champions Golf Club. “For me to step back and say, okay, my team knows I was rusty and I didn’t play well. It’s okay. You’re going to have bad tournaments. Just focus on the upcoming one and do as well as you can.”

LYDIA KO CRUISES IN COLD SECOND ROUND

She holds the course record. In 2016, when she was 19 years old, Lydia Ko fired a 62 at Tiburon Golf Club in the final round of the CME Group Tour Championship. Four years later, on Thursday of this week, as she was cruising along the back nine at three over par, she said to herself, “Oh, wow, just 13 shots worse.”

Ko rallied with two birdies and a closing bogey on Thursday to shoot 74 in the first round of this CME Group Tour Championship. Then on Friday, as a frigid north wind blew into Naples like a crazy aunt at Christmas, Ko put a heat pack on her lower back and set the course ablaze, firing a 7-under 65, the low round of the day. She went from the bottom half of the field relegated to starting on the back nine, to within four shots of the lead and four groups behind the leaders going into the weekend.

“I was a lot more on the fairways and I was off to a much better start,” Ko said after the second round. “Yesterday I was 4-over through seven. At that point you are just trying to get birdies to have a comeback.

“I was able to do that somewhat. But I got off to a good start (today). You know, having lots of birdie opportunities was really key. Even though it was getting a little breezy at the start of the day, I set up a lot of good chances for birdies, so that makes it a lot less stressful. Whereas if you’re trying to make up-and-downs, it wears you out pretty quick.”

LPGA COMES BACK STRONGER THAN EVER WITH 2021 TOUR SCHEDULE

After a year disrupted by the COVID-19 pandemic, 2021 is gearing up to be an incredible season for the LPGA Tour. The 2021 LPGA Tour schedule will feature 34 official events across North America, Europe and Asia, with two new events added to the tournament calendar and players competing for a record $76.45 million in official purses.

In a demonstration of partnership with Tour sponsors, all official LPGA events that were postponed in 2020 due to the COVID-19 pandemic will return to the Tour schedule in 2021. There are several adjustments to the schedule given pandemic-related challenges that may arise in early 2021. Namely, full-field events won’t begin until late February, and the usual Spring Asia Swing has been moved back to late April and early May.

“We can all agree that 2020, while certainly not the 70th anniversary year that we expected, was a year that we will never forget,” said LPGA Commissioner Mike Whan. “As we look back at the year, I am amazed at how our partnerships have actually grown during this trying time, and how the LPGA staff was able to return all three Tours to play in summer 2020. We actually added sponsorship sales in 2020 in the form of new title partners and new marketing partners, and we proved that professional golf can be played safely for all involved. And our fans responded. Social engagement is up more than 40% and TV viewership is up more than 30% over last year. As we look to 2021, we are recapturing the momentum that we had at the beginning of 2020 and we are excited about our future, which will include news of new title sponsors and several significant purse increases.”

5G auction soars past $23 billion with Verizon leading way #SootinClaimon.Com

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5G auction soars past $23 billion with Verizon leading way (nationthailand.com)

5G auction soars past $23 billion with Verizon leading way

Dec 19. 2020

By Syndication Washington Post, Bloomberg · Scott Moritz, Todd Shields

Offers for 5G airwaves have already surpassed $23 billion in a massive U.S. auction that could feature heavy bidding by Verizon Communications, which needs more spectrum to compete in the dawning era of ultrafast mobile connections.

Analysts expect Verizon to put up $20 billion in a field of 57 bidders that includes fellow mobile heavyweights AT&T and T-Mobile US, and cable companies Comcast Corp. and Charter Communications Inc. Collectively they could push bidding to a record $47 billion, according to 11 analysts surveyed by Bloomberg. Bidding started Dec. 8 and is expected to continue into the new year.

Wireless carriers see the auction as crucial to seizing global leadership in new 5G technology. As more countries are opening up use of midband frequencies, companies are buying airwaves that they hope will drive a yearslong surge of profits when deployed for next-generation mobile devices, autonomous vehicles, health-care devices and manufacturing facilities.

Here are the bidders and their motivations.

– Verizon: Verizon has the most wireless subscribers but trails its biggest peers in airwaves capacity. To help address this, the company has built a $21 billion war chest and has even more that it can tap for the auction. Analysts predict Verizon will outspend AT&T, the next highest bidder, by more than 2-1.

But to avoid showing their hand, executives have tried to downplay how eager they are to get ahold of the frequencies being sold.

“We’re happy with the assets we have, but we certainly look at C-band as something that has a significant opportunity around it as well,” Verizon Chief Financial Officer Matt Ellis said on an investor webcast in August.

Companies participating in Federal Communications Commission auctions typically don’t discuss tactics or goals for fear of violating rules aimed at preventing collusion among bidders.

The auction is a critical juncture for a company that built its brand on reliable wireless service and network quality.

Stakes are becoming higher as 5G comes online, providing connections for devices in homes, vehicles, schools and factories.

“Verizon desperately needs midband spectrum in order to be competitive in 5G longer-term,” said Kevin Roe, an analyst with Roe Equity Research.

– AT&T: AT&T can neither afford to fall behind in the 5G race, nor to spend as much as Verizon to lead the aerial land grab.

AT&T has $10 billion in cash on hand and possibly a further $16 billion coming with the potential sale of its DirecTV satellite-TV business and the agreed sale of Crunchyroll, its animated-video service.

But on the cost side, the company has a $184 billion debt pile to pay down, a $15 billion annual dividend, a $20 billion capital-spending budget and a WarnerMedia production schedule to keep up.

Chief Executive Officer John Stankey has made 5G expansion one of his top three priorities since taking over the job in July. AT&T has been the most aggressive of the group with free 5G iPhone promotions and boasts of having the fastest 5G network.

AT&T will spend about $9 billion in the auction, according to analyst estimates.

– T-Mobile: Of all the bidders, T-Mobile has the least need for midband spectrum. With its Sprint takeover earlier this year, T-Mobile acquired the largest swath of 2.5-gigahertz spectrum in the U.S.

Adding to that position would seem unnecessary, but T-Mobile could be interested in bolstering its coverage in major cities in an effort to defend its airwaves advantage.

T-Mobile will also be running interference. Without strong counterbids, Verizon could walk away with a majority of the airwaves for a relatively low price.

Analysts predict T-Mobile will bid $6 billion in the auction.

– Dish: Dish Network Corp. Chairman Charlie Ergen rarely sits on the sidelines of any airwaves deal, whether it’s an auction or a when a satellite operator lands in bankruptcy court.

Now that Dish is building its own 5G network, with a projected initial cost of $10 billion, there might be less cash available for the midband auction. But earlier this week, Dish announced plans to raise about $2 billion through a sale of convertible notes.

Dish will spend about $3 billion in the auction, according to the Bloomberg survey.

– Cable; Comcast and Charter have formed a joint venture called C&C Wireless Holding Co. to bid in the C-band auction. Both companies offer cable subscribers a mobile-phone service that runs on Verizon’s network.

The JV may be interested in acquiring airwaves outside its cable footprint “as deployment of its own cellular infrastructure makes sense from an economic perspective,” Cowen analyst Colby Synesael wrote in a note earlier this month.

The cable duo is expected to bid $5 billion.

The airwaves being auctioned are in the 3.7-gigahertz frequency range, known as the C-band, and are now used by satellite providers such as Intelsat SA and SES SA. The satellite companies will give up frequencies and operate in a smaller swath. In return, they will receive a portion of the auction proceeds. The remainder goes to the U.S. Treasury.

The C-band sale is the largest midband offering in the FCC’s history. The richest FCC auction to date raised $41 billion in 2015.

“By freeing up this wide swath of critical midband spectrum, the FCC is paving the way for Americans to receive fast 5G wireless services,” FCC Chairman Ajit Pai said as the auction began.

One potential problem with a portion of the C-band is interference concerns from aviation groups.

Radar altimeters — electronic devices that calculate an aircraft’s height above the ground — may suffer interference from the new 5G uses that begin after the auctioned airwaves are deployed, aviation groups say.

The FCC and industry have said interference isn’t likely because there is plenty of buffer between the envisioned 5G uses and the airwaves assigned to the altimeters.

Vietnam regrets US’ decision to blacklist gas firm over deal with Iran: foreign ministry #SootinClaimon.Com

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Vietnam regrets US’ decision to blacklist gas firm over deal with Iran: foreign ministry (nationthailand.com)

Vietnam regrets US’ decision to blacklist gas firm over deal with Iran: foreign ministry

Dec 19. 2020Việt Nam Ministry of Foreign Affairs Lê Thị Thu Hằng responded to the media questions during the regular press briefing held in Hà Nội on Thursday. — VNA/VNS PhotoViệt Nam Ministry of Foreign Affairs Lê Thị Thu Hằng responded to the media questions during the regular press briefing held in Hà Nội on Thursday. — VNA/VNS Photo 

By Viet Nam News/ANN

HÀ NỘI — Việt Nam regrets the US’ decision to sanction a Vietnamese gas transportation firm for allegedly facilitating the export of petrochemical products from Iran in contravention of sanctions.

The spokesperson for the Việt Nam Ministry of Foreign Affairs Lê Thị Thu Hằng made the remark on Thursday during a regular press briefing in Hà Nội, where she commented that as a responsible member of the United Nations and of the international community, Việt Nam always fully observes the body’s resolutions.

Việt Nam-Iran relations are “always open, transparent and lawful,” Hằng said, adding that trade relations between the two countries are “strictly civilian” and involve goods that serve the essential needs of the peoples and do not run contrary to the many resolutions of the UN Security Council.

“Việt Nam finds it regrettable that the US has reached such a decision, and we strongly urge the US – with consideration towards the warm bilateral relations between the two countries – to contemplate removal of the sanction against the Việt Nam Gas & Chemicals Transportation Corporation without causing further difficulties to the Vietnamese businesses and companies engaging in ordinary business,” Hằng said.

Earlier on Wednesday, the US Treasury Secretary Steven Mnuchin announced it would “act against persons who support illicit actors engaged in the movement of Iranian petroleum sales,” blacklisting four entities – including China-based Donghai International Ship Management Limited, China-based Petrochem South East Limited, UAE-based Alpha Tech Trading FZE and UAE-based Petroliance Trading FZE, in addition to the Vietnamese company for alleged “significant transactions” for the transport of Iran’s oil products.

These companies are alleged to have had dealings with Iran’s Triliance Petrochemical, which was hit with sanctions by Washington in early 2020.

Currency manipulation

Also on Thursday, the Vietnamese foreign ministry responded to the US Treasury Department’s Wednesday decision to label Việt Nam as a currency manipulator for the first time after many threats.

Hằng said the State Bank of Việt Nam issued its statement regarding the matter this morning and local and foreign media have already widely carried the news.

“In the last 25 years, especially since the elevation of ties to the Comprehensive Partnership, the relations between Việt Nam and the US have witnessed strong growth across the board, including in the domain of economics, commerce and investment,” Hằng continued.

Việt Nam attaches special importance to trade relations with the US and always seriously implements high-level agreements and other bilateral trade commitments, according to Hằng.

Việt Nam always maintains dialogues and consultations with the US side in a constructive spirit to address issues in trade relations, with a view towards ensuring sustainability and harmonised interests between the two countries, the Vietnamese foreign ministry spokesperson added.

Mekong watch

Responding to a question over Việt Nam’s reaction to the December 15 launched US-backed Mekong Dam Monitor, aimed at tracking the activities of dams – especially China-run ones – in the upper parts of the Mekong River, Hằng said as a country in the Mekong region, Việt Nam welcomes all initiatives that contribute to the common efforts towards co-operation in the management and use of the Mekong water resources in a sustainable, fair and reasonable manner.

“We will look into the initiative and find ways to co-operate in a suitable fashion to help foster the sustainable development of the Mekong River basin,” she added.

Radioactive concerns

Asked for a response over recent reports from the Philippine Nuclear Research Institute showing high levels of radioactivity in the West Philippine Sea, part of the South China Sea and currently contested between China and the Philippines, the Vietnamese foreign ministry spokesperson stated that relevant authorities pay great attention to this matter and are looking into the veracity of the information.

“It should be noted that the 1982 United Nations Convention on the Law of the Sea (UNCLOS) clearly codified that countries and states have the obligation to protect and preserve the maritime environment, and respect the sovereignty, sovereign rights, and jurisdiction of other littoral states as identified in accordance with the 1982 UNCLOS,” Hằng said.

The use, exploitation, and transportation of devices, equipment and materials that contain the risks radioactive hazards need to follow international law and regulations, norms and rules on assurance of nuclear safety as put in place by the IAEA (International Atomic Energy Agency) without jeopardising the peace and security in the region, the spokesperson stated. — VNS

Japan finalizes policy to build 2 Aegis ships, develop long-range missiles #SootinClaimon.Com

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Japan finalizes policy to build 2 Aegis ships, develop long-range missiles (nationthailand.com)

Japan finalizes policy to build 2 Aegis ships, develop long-range missiles

Dec 19. 2020Prime Minister Yoshihide Suga, center, attends a Cabinet meeting on Friday at the Prime Minister’s office, Tokyo. (The Yomiuri Shimbun)Prime Minister Yoshihide Suga, center, attends a Cabinet meeting on Friday at the Prime Minister’s office, Tokyo. (The Yomiuri Shimbun) 

By The Japan News/ANN

Japan will build two Aegis-equipped ships to replace the ground-based interceptor system known as Aegis Ashore and also develop a long-range cruise missile that can strike beyond the range of enemy missiles, the government decided at a cabinet meeting on Friday.

In June, the government abandoned plans to deploy the Aegis Ashore system because of the risk of missile propulsion units landing outside bases, endangering nearby residents.

Three alternative proposals were studied: deploying destroyers including Aegis ships; using private ships; and building floating facilities offshore. A decision was made to install the system on destroyers, which are more resistant to enemy attacks and can be flexibly deployed across wide areas.

The Aegis ships will be equipped with the Aegis Ashore’s SPY7 radar and missile launchers and SM6 multifunctional antiaircraft missiles that can intercept ballistic and cruise missiles, to defend against possible attacks by North Korea and China.

The government will study further whether the new ships will have anti-ship and anti-submarine capabilities, as well as missile defense capabilities, earmarking ¥1.7 billion for research and other expenses in the next fiscal year’s budget.

The long-range cruise missile will be based on the Ground Self-Defense Force’s Type 12 surface-to-ship guided missile, and is expected to take five years to develop. The Type 12 has a range of just over 100 kilometers. The new missile is expected to have a range of about 1,000 kilometers and also have stealth capability. Development costs of ¥33.5 billion will be included in next year’s budget plan.

The Defense Ministry is also moving ahead with plans to introduce long-range missiles such as the U.S.-made JASSM air-to-ground missile with a range of about 900 kilometers to be mounted on F-15 fighters. The government is aiming to further strengthen Japan’s deterrence capability through the introduction of various types of missiles.

Former Prime Minister Shinzo Abe had said in a statement before leaving office in September that the government would finalize by the end of this year a new missile defense policy, that could include possession of capabilities to attack enemy territory. However, the government decided at Friday’s Cabinet meeting to continue studying the policy next year.

The cabinet meeting did not refer directly to the new policy on missile defense out of consideration for the ruling Liberal Democratic Party’s junior coalition partner Komeito, which has been cautious about Japan’s possessing capabilities to attack enemy bases. Instead, discussions referred to efforts to “continue studying deterrence enhancements.”

ADB: 2.1b people in Asia-Pacific lack water supply, sanitation #SootinClaimon.Com

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ADB: 2.1b people in Asia-Pacific lack water supply, sanitation (nationthailand.com)

ADB: 2.1b people in Asia-Pacific lack water supply, sanitation

Dec 19. 2020

Residents carry drinking water in plastic containers during a free supply distribution organized by the Hyderabad Metropolitan Water Supply and Sewerage Board Government of Telangana at a slum in Secunderabad, the twin city of Hyderabad, India, on May 20, 2020. (NOAH SEELAM / AFP)

Residents carry drinking water in plastic containers during a free supply distribution organized by the Hyderabad Metropolitan Water Supply and Sewerage Board Government of Telangana at a slum in Secunderabad, the twin city of Hyderabad, India, on May 20, 2020. (NOAH SEELAM / AFP)

By China Daily/ANN

MANILA – Despite achievements in Asia and the Pacific region over the last few decades, 1.5 billion people living in rural areas and 600 million in urban areas still lack adequate water supply and sanitation, the Asian Development Bank (ADB) said in a report released on Friday.

Of the 49 ADB regional members, the Manila-based bank said that 27 members face “serious water constraints on economic development,” and 18 are yet “to sufficiently protect their inhabitants against water-related disasters”.

According to the Asian Water Development Outlook (AWDO) 2020 report, the economies in Asia and the Pacific must put water security at the top of their agenda to recover from the fallout from the COVID-19 pandemic and adapt to climate change.

In the report, the ADB set out the status in the region of water security, which measures the availability of safe and affordable water supply, sanitation for all, improved livelihoods, and healthy ecosystems, with reduced water-related diseases and floods.

It stressed the need to put water at the center of sustainable rural development by promoting water-effective irrigation agriculture, community-based water and sanitation services, and locally resilient disaster risk reduction.

It further stressed the need to achieve urban water security by investing in water, sanitation, and disaster risk reduction infrastructure services not only in cities but also in slums and peripheral areas.

In the report, the ADB called on the region to “provide a healthy environment by drastically reducing pollution, stimulating a circular economy, increasing land protection, and embracing nature-based approaches”.

It stressed the importance of increasing the resilience of water systems to avoid water-related disasters.

To improve the region’s water security, ADB said it has programmed more than US$6 billion in financial and technical assistance between 2020 and 2022 to support safe water supply, sanitation, and wastewater measures.

The ADB said it has also programmed more than US$2 billion for flood risk management in the same period, together with tailored knowledge services that promote innovation and forge partnerships.  

Hyundai Motor Group unveils AI-based Korean-English translation app #SootinClaimon.Com

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Hyundai Motor Group unveils AI-based Korean-English translation app (nationthailand.com)

Hyundai Motor Group unveils AI-based Korean-English translation app

Dec 19. 2020H-Translator (Hyundai Motor Group)H-Translator (Hyundai Motor Group) 

By Jo He-rim
The Korea Herald/ANN

Hyundai Motor Group said Friday it has developed a Korean-English translation app to support smooth communication among its employees in local and overseas offices.

Dubbed the H-Translator, the app is based on artificial neural network (ANN) algorithm and is specialized in the automobile industry, the South Korean automaker said.

Hyundai explained that it has come to develop the translator to support timely communication and strengthen work efficiency, as the company has been actively recruiting foreign employees.

According to Hyundai, the H-Translator is not only capable of translating written text, but also recognize writing from images.

It is also capable of translating conversations on online chat rooms, allowing its employees in different countries to communicate in two different languages instantly, the company said.

Hyundai started to work on the ANN algorithm-based machine translation in 2019.

The company said its technology has proved of its quality, as it placed in the first rank in all of the five contests of patent translation of the Workshop on Asian Translation last year.

“We will not only continue to advance related ANN-based machine translation technologies, and expand the number of languages for translation, but also plan to feature these technologies to wearable devices,” a Hyundai Motor Group official said.

According to Hyundai, the H-Translator is an updated version from the company’s web-based translation system, developed by AIRS Company, applied for their internal network in November.

AIRS Company was established as a division for artificial intelligence technology for the automotive firm in 2018.

India planning strike against Pakistan, seeks approval of partners: FM Qureshi in Abu Dhabi #SootinClaimon.Com

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India planning strike against Pakistan, seeks approval of partners: FM Qureshi in Abu Dhabi (nationthailand.com)

India planning strike against Pakistan, seeks approval of partners: FM Qureshi in Abu Dhabi

Dec 19. 2020

By DAWN/ANN

Foreign Minister Shah Mahmood Qureshi on Friday said he had credible information that India was planning a surgical strike against Pakistan to divert attention from its internal affairs and that it was trying to seek “tacit approval” for the move from its “partners”.

The foreign minister made this statement at a press conference in Abu Dhabi, where he is ending a two-day visit during which he held meetings with the top brass of the Emirati leadership.

At the presser, Qureshi summed up his engagements with the UAE leadership over the last two days but also touched on the designs of India, which he said were “picked up by intelligence”.

“An important development has cropped up […] I’ve learned through our intelligence forces […] that India is planning a surgical strike against Pakistan,” said Qureshi.

Terming it a “serious development” he further elaborated that India is already “trying to seek tacit approval” from what Qureshi said were “important players who they consider to be their partners”.

The minister said in his opinion this operation was being planned so India could divert attention from “serious internal issues” and as a means to unify divisions in the country.

Qureshi noted that Pakistan had revealed “India sponsoring terrorism in Pakistan” through a dossier that it shared with the international community.

He also mentioned the recent report by the EU DisinfoLab which exposed an Indian disinformation network of “fake websites and fake NGOs that they had launched with a sole objective to malign Pakistan”.

Elaborating on the “serious internal issues” facing India at the moment, Qureshi said the situation in Indian occupied Kashmir “was never good but has deteriorated further”.

The ongoing farmers’ protests in Punjab, Qureshi said, was a “country-wide protest” resulting from “the policies of this regime, the BJP regime”. He said the protest was growing, with various segments of India such as “opposition parties, lawyers, civil society and trade unions” expressing their support for it.

“The mishandling of the coronavirus by Indian authorities is known to everyone. The impact that it is having on their economy is known to all.”

The situation of the minorities in India, the foreign minister said, was also “increasingly uncomfortable”, referring to the protests in Assam and the situation of Dalits, Sikhs and Muslims.

Qureshi said “Pakistan is fully prepared to respond to and defeat India’s designs.”

“We will do it […] as we did respond immediately and effectively in February 2019,” he warned.

The foreign minister said this information, of an imminent strike against Pakistan, had been shared with relevant capitals, who had been apprised of India’s plans and Pakistan’s willingness to respond.

He said any “misadventure” could seriously undermine and set back the Afghan peace process and “India will be held responsible for this.”

“I warn my eastern neighbour, we are aware of their mindset and we are aware of their designs […] and Pakistan will respond.”

Visas issue

Apprising the room on developments during his two-day visit to the UAE, Qureshi said he had “good meetings” with Mohammed bin Rashid Al Maktoum, Dubai’s ruler, and that they discussed not only bilateral relations but also “opportunities […] for trade and investment”.

He thanked the ruler of Dubai for his support and the support that UAE had provided to Pakistan over the years during difficult times, calling the two countries “destined strategic partners”.

The foreign minister said he would be meeting with the head of UAE intelligence after the media briefing where he would take up the visas issue with him.

Weeks earlier, the UAE included Pakistan among the 12 countries for whose nationals it had suspended issuing visit visas. The move had raised eyebrows as it was not immediately clear why the measure had been applied to Pakistan. The Foreign Office had at the time said it was seeking more clarity from Emirati authorities but that it appeared to be a coronavirus related move.

Days after the suspension of visas, a report published by Reuters said the move was implemented due to “security concerns” without elaborating on what those concerns were.

Qureshi ended the briefing by reaffirming the contributions Pakistan has made in the “progress and development of UAE” and hoped to resolve the few issues that remain.

Army on high alert

Qureshi’s stern remarks against India while on a trip to UAE come on the heels of an already tense atmosphere.

Informed sources told Dawn earlier this month that the Pakistan Army had been put on high alert amidst a possible threat of another attempt by India to conduct a surgical strike inside Pakistani territory.

They said that after facing a humiliating defeat in Ladakh and Doklam, India was preparing to launch another attack on the Line of Control (LoC) and across the Working Boundary at Pulwama, posing a threat to the regional peace and stability.

An official said a “false flag operation” was being planned by India to divert the world’s attention from several of its internal issues, including the ongoing farmers’ protest, its treatment of minorities, atrocities committed by Indian forces in occupied Kashmir and criticism of its policies by international institutions and media.

“India may at any time repeat a Pulwama-like drama to divert attention from the internal problems and was planning an action along the LoC and Working Boundary,” he said.

In 2016, India had claimed to have carried out a surgical strike on the LoC, a claim rubbished by Pakistan. Similarly, on Feb 26 last year, India had tried to launch a similar operation against Pakistan but failed and two of its planes had been shot down by Pakistan Air Force. Indian pilot Wing Commander Abhinandan was arrested and later released.

The decision to put the army on high alert came days after the Indian government approved the creation of a new post of deputy chief of strategy at the army headquarters as per a plan envisaged during the Doklam crisis with China in 2017, besides creating the position of director general information warfare who will also be dealing with media affairs.

SCG Packaging acquires listed Vietnamese company #SootinClaimon.Com

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SCG Packaging acqiires listed Vietnamese company (nationthailand.com)

SCG Packaging acqiires listed Vietnamese company

CorporateDec 18. 2020

By The Nation

SCG Packaging Pcl (SCGP) has finalised its acquisition of Bien Hoa Packaging Joint Stock Co (SOVI), a listed company in Vietnam that specialises in corrugated box and offset laminated packaging

SCGP informed the Stock Exchange of Thailand (SET) on Friday that it has acquired 12,076,587 shares, or a 94.11 per cent stake, in SOVI from the existing shareholders at the price of 171,450 dong per share, which is equivalent to the total payment of 2.07 trillion dong, or approximately Bt2.70 billion.

“This purchase is through TCG Solutions Pte Ltd, which is a wholly owned subsidiary of Thai Containers Group Co Ltd (TCG), a 70:30 joint venture between SCGP and Rengo Co Ltd, Japan,” SCGP chief executive officer Wichan Jitpukdee said.

“The balance sheet consolidation of SOVI will be as at the end of 2020, while the financial performance will be consolidated from January 2021.”

SOVI is a leading fibre- based packaging company whose clients are mainly well-known consumer brands.

“With three manufacturing facilities near Ho Chi Minh City, in southern Vietnam, this acquisition will enlarge SCGP’s customer base particularly in food, beverage and FMCG segments and reinforce internal integration with its packaging paper manufacturing,” Wichan added.

Over the last 12 months, SOVI recorded revenue of 1.61 trillion dong (Bt2.1 billion), net profit after tax of 156 billion dong (Bt200 million) and had assets of 1.05 trillion dong (Bt1.38 billion) at the end of the third quarter.

U.S. stocks fall with lawmaker at odds on aid bill #SootinClaimon.Com

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U.S. stocks fall with lawmaker at odds on aid bill (nationthailand.com)

U.S. stocks fall with lawmaker at odds on aid bill

EconDec 19. 2020

By Syndication Washington Post, Bloomberg · Kamaron Leach, Sarah Ponczek

U.S. stocks fell after Republican demands left Congress without a deal on a federal spending bill. Tesla Inc. edged higher in heavy trading ahead of its inclusion in the S&P 500.

The benchmark index halted a three-day winning streak, though ended well of session lows with a late rally in aflood of trading volume associated with the quarterly expiration of options and futures on stocks and indexes. Almost 200 million shares of Tesla traded hands, four times the 30-day average, as funds benchmarked to the S&P 500 adjusted ahead of the carmaker’s Monday debut.

Stocks spent the session lower as the likelihood that Congress would reach an aid deal ahead of the weekend dwindled. Crude topped $48 a barrel in New York. The dollar rose for the first time in five days. The 10-year Treasury yield moved back above 0.93%. Gold slipped. Copper topped $8,000 a ton for the first time in more than seven years on rising demand and supply bottlenecks.

Congress continues to wrangle over a legislation that would give people and businesses a lifeline to withstand the increasing economic toll caused by the pandemic. A bid by Republicans to constrain the Federal Reserve’s crisis lending programs is threatening to derail negotiations. The virus continued to rage across the country, forcing more jurisdictions to enact tighter restrictions.

“Markets have been pretty strong obviously in November and first part of December, so if we get a little bit of a selloff that shouldn’t surprise people a whole lot,” Keith Gangl, a portfolio manager at Gradient Investments, said in an interview. “It’s quadruple witching so it’s usually a little bit of different actions at the end of the day so we’ll see if that happens”

Here are the main moves in markets:

Stocks

–The S&P 500 Index fell 0.4% at 4 p.m. in New York.

–The Stoxx Europe 600 Index dipped 0.4%.

–The MSCI Asia Pacific Index sank 0.4%.

–The MSCI Emerging Market Index declined 0.3%.

Currencies

–The Bloomberg Dollar Spot Index rose 0.3%.

–The euro dipped 0.2% to $1.2239.

–The British pound decreased 0.6% to $1.3509.

–The onshore yuan weakened 0.1% to 6.54 per dollar.

–The Japanese yen weakened 0.2% to 103.32 per dollar.

Bonds

–The yield on 10-year Treasuries rose one basis point to 0.94%.

–The yield on two-year Treasuries was flat at 0.121%.

–Germany’s 10-year yield declined less than one basis point to -0.57%.

–Japan’s 10-year yield decreased less than one basis point to 0.01%.

–Britain’s 10-year yield sank five basis points to 0.24%.

Commodities

–West Texas Intermediate crude gained 1.2% to $48.93 a barrel.

–Brent crude dipped 0.1% to $51.46 a barrel.

–Gold strengthened 0.1% to $1,886.61 an ounce.