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6 mentions found


☆ NZ defense minister: Dialogue essential as competition intensifies
  + stars: | 2023-06-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDialogue 'absolutely essential' as major powers' competition intensifies, NZ defense minister saysNew Zealand Defense Minister Andrew Little talks to CNBC's Sri Jegarajah ahead of the IISS Shangri-La Dialogue defense summit in Singapore.
Persons: Andrew Little, Sri Jegarajah Organizations: New Zealand Defense, Sri Locations: Singapore
☆ Thai elections: Many want to break away from military rule
  + stars: | 2023-05-15 | by ( Sri Jegarajah | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThai elections: Many want to break away from military ruleThe younger generation in Thailand is challenging "unquestioned loyalty" to the monarchy and strict laws that protect the royal family from insult and criticism. CNBC's Sri Jegarajah reports.
☆ Thai stocks reverse gains as opposition parties secure strong majority in election
  + stars: | 2023-05-15 | by ( Lim Hui Jie Clement Tan | Lim Hui Jie | Clement Tan | ) www.cnbc.com   time to read: +3 min
Investors are awaiting more tangible outcomes of Sunday's general election, after preliminary results showed the country's pro-democracy parties secured a strong majority. A calculation by Reuters based on data from the country' Election Commission suggests the anti-military Move Forward party, led by Thai businessman Pita Limjaroenrat, would win the most seats, followed by the Pheu Thai party. If confirmed, this would represent a resounding rejection of pro-military parties led by former prime minister Prayut Chan-o-cha, ending nine years of pro-military rule. The Pheu Thai party has put forward Paetongtarn Shinawatra — the daughter of former Thai prime minister Thaksin Shinawatra — as its candidate for prime minister, while Reuters reported that Limjaroenrat also has "set his sights set on being prime minister." First quarter GDPSeparately, Thailand's gross domestic product for the first quarter grew 2.7%% year-on-year, beating expectations of a 2.3% rise.
☆ IMF is bullish Sri Lanka's crisis-stricken economy will recover as country gets bailout
  + stars: | 2023-03-21 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +4 min
We expect a contraction around 8% in 2022, a 3% contraction this year before the economy picks up next year." watch nowAs a result, Sri Lanka's debt levels have become unsustainable and inflation remains elevated, he added. "There are plenty of examples of IMF programs restoring stability, though these often come at the cost of painful austerity." Analysts have also argued Sri Lanka needs institutional reforms in order to achieve long-term debt sustainability. Critical reforms"Ambitious revenue-based fiscal consolidation is necessary for restoring fiscal and debt sustainability" in Sri Lanka, said Kistalina Georgieva, IMF's managing director.
☆ What to know about Bhutan's new sustainability fee
  + stars: | 2022-09-19 | by ( Monica Buchanan Pitrelli | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat to know about Bhutan's new sustainability feeCNBC's Sri Jegarajah and Monica Pitrelli speak to Randy Durband, CEO of the UN-created NGO Global Sustainable Tourism Council, about Bhutan's increased "Sustainable Development Fee."
☆ Why rich countries are so dependent on migrant workers
  + stars: | 2021-10-15 | by ( Nessa Anwar | Sri Jegarajah | ) www.cnbc.com   time to read: +1 min
Economic globalization has created more migrant workers than ever before. Migrant workers are people who live and work in a country where they don't hold citizenship. Globally, 67.4% of migrant workers — or 114 million people — live in wealthy countries. The vulnerability of migrant workers was highlighted by the pandemic, as borders were closed and mobility was heavily restricted. Despite the challenges, migrant workers provide great economic benefits not only to their host country, but back home as well.
Persons: Jegarajah Organizations: United Nations
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