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Visit Bua Thong Waterfall — aka "The Sticky Waterfall." Because of the limestone deposits, the waterfall isn't slippery. Dominique MillsBua Thong Waterfall, more commonly known as The Sticky Waterfall, is a famous multitiered, limestone waterfall in Thailand. The waterfall's uniqueness is alluded to in its nickname. Due to the dense limestone deposits, you can effortlessly ascend and descend without slipping.
Persons: Dominique Mills, Chiang Mai Locations: Thailand, It's, Lanna, Chiang
If that sounds like a tall order for a summer getaway, the luxury travel company Virtuoso asked 20,000 of its travel advisors to share their top experiences for 2024. Dark sky tourism focuses on rural locations without light pollution, such as Greece's Olympus Mountain National Park. Departing in August, Virtuoso recommends travelers first take in the Olympic Games before departing the city in style. Passion travelsHobbies may be associated with the home, but Virtuoso recommends taking your passions on the road. Virtuoso recommends exploring Peruvian cuisine at the Mistura Food Festival, or checking out the street food of Ljubljana, Slovenia.
Persons: Nicolas Economou, Manoj Shah, Belles, Bhutan's, Young, Peter Adams, Chiang Mai, Koh, Wiphop, Sakura, James Cole, Hillary, Cousteau, Shackleton, pricey, Yasin Akgul, bookworms, Wolfgang Kaehler, Brian Curtice, Levente Bodo, ERNESTO BENAVIDES Organizations: Nurphoto, DarkSky, Stone, InterContinental, UNESCO, Istock, Expedition, Getty, CNBC Travel, Orient, Afp, Departing, Olympic Games, Chelsea Flower, Lightrocket, Festival Locations: stargazing, Norway, Iceland, Canada, Northern Mexico, Blanco , Texas, Albanya, Spain, Africa, Bhutan, Thailand, Pana, Yai, Bangkok, Japan Japan, United States, North America, Japan, Hakodate, Hokkaido, Kyoto, Kanazawa, Fuji's, Antarctica, Paris, Istanbul, Turkey, Asia, Europe, Venice, Turkish, Strahov, Riau, Isla, Ljubljana, Slovenia
I traveled to over seven countries in 2023, and some places stood out for being budget-friendly. Porto, Portugal, and Chiang Mai, Thailand, offered affordable accommodations and fun activities. Here are the four most affordable places I visited in 2023. Chiang Mai, Thailand, was culture-rich and inexpensiveChiang Mai, Thailand, was inexpensive but beautiful. Dominique MillsNestled in the lush greenery of Northern Thailand, Chiang Mai is one of my favorite cities to visit.
Persons: Chiang, , Dominique Mills, Chiang Mai, Koh Samui, Dominique Mills I've Organizations: Service, UNESCO, US Department of State Locations: Porto, Portugal, Chiang Mai, Thailand, Hanoi, Vietnam, Douro, Northern Thailand, Bangkok, Old City, Soi, Prabang, Laos, Luang Prabang, Asia, Vientiane, Indochina
Entertainment venues, clubs and karaoke bars in Bangkok, Phuket, Pattya, Chiang Mai and Samui, popular tourist destinations, will be allowed stay open two extra hours until 4 AM, Traisulee Traisaranakul said. The decision to allow entertainment venues to stay open longer is the latest step taken by the government to boost foreign arrivals after the government in September waived visa requirements for Chinese visitors, a key source of tourists for Southeast Asia's second-biggest economy. Thailand has so far welcomed 24.5 million foreign tourists this year and is forecasting 28 million arrivals for the full year. Before the pandemic, Thailand booked a record 39.9 million arrivals, with 11 million from China. This year, the government expects just 3.5 million arrivals from China.
Persons: Chalinee, Chiang Mai, Traisulee Traisaranakul, Srettha Thavisin, Paarat Thepgumpanat, Kanupriya Kapoor Organizations: REUTERS, Rights, Entertainment, Thailand's, Southeast Asia's, Thomson Locations: Thai, Bangkok, Thailand, Rights BANGKOK, Phuket, Pattya, Southeast, China
Only 2.2 million Chinese travelers arrived between January and September 10 this year, according to data from the Tourism Authority of Thailand. Thai Prime Minister Srettha Thavisin greeted travelers on the first day of the government's visa-free scheme for Chinese tourists. “Competition is really intensifying in the region to attract Chinese tourists amongst all countries, and you have to make it as easy as possible,” said Bowerman. Chinese tourists pray in front of Thai dancers at the Erawan Shrine in Bangkok, Thailand on September 22, 2023. Rumors, film complicate efforts to lure back touristsPrior to the announcement of the visa-free policy this month, Chinese tourists had been slow to return to Thailand.
Persons: Srettha Thavisin, It’s, ” Sretta, , Chiang, Wang Wenbin, Peerapon Boonyakiat, pare, Gary Bowerman, , Bowerman, Huang, “ I’ve, coronavirus, Trip.com, Jin Junhao, Joanna Lu, Anusak, Wolfgang Georg Arlt, “ There’s, Thailand ”, Sisdivachr Cheewarattanaporn Organizations: CNN, China’s, Tourism Authority of, Thai, Civil Aviation Administration, China Railway, Asia, Tourism Research Institute, Thailand’s Ministry of Tourism, Sports, Thai Travel Agents Association Locations: China, Shanghai, Bangkok’s, Chiang Mai, Bangkok, Pattaya, Phuket, , Beijing, Thailand, Southeast Asia, Tourism Authority of Thailand, Asia, Sichuan, South Korea, Malaysia, Singapore, Australia, United Kingdom, Erawan, Myanmar, Cambodia, Weibo
Little more than a year after cannabis decriminalization, following an election that saw a more conservative coalition government come into power, there are signs Thailand’s laws on cannabis could be rewritten once again. Most cannabis dispensaries like his he says, have been responsible and diligent from the start in checking buyers’ IDs and educating customers about cannabis rules. “Thousands of cafes, stores, and other cannabis businesses have sprouted and hundreds of millions of dollars are being spent by tourists in a short amount of time,” Zaytsev said. The debate comes just as the quality of domestically produced cannabis in the country was improving, she added. “The quality of Thai cannabis has gotten better and better.
Persons: , ” Iemvijan, , Nitikrist Attakrist, ” Attakrist, Chiang Mai, Srettha Thavisin, ” Thavisin, Iemvijan, Cannabis, , Wisawa Mcintyre, Anutin Charnvirakul, Athit Perawongmetha, hasn’t, Ley Singdam, Ley, ” Ley, Kitty Chopaka, Chopaka, Michael Zaytsev, LIM, ” Zaytsev, Gloria Lai, ” Lai, ” “, Thavisin, Manan Vatsyayana Organizations: CNN, Thai, Bloomberg, Thailand’s Public, Thai Health, Staff, Reuters Observers, ” Farmers, Thais, International Drug Policy Consortium, Bhumjaithai Party, Getty Locations: Thai, Bangkok, Thailand, Southeast Asia, San, Thonglor, Phuket, , , Athit, New York, Asia, Singapore, Indonesia, AFP
At just shy of 400,000 inhabitants, Sintra is also big enough to absorb the 25 Boundless families without the expats dominating all the local haunts. At school, kids are fed organic meals made by a local chef. After school, kids from different families entertained themselves in the cobblestone streets and parks under light adult supervision. But despite some early success, Boundless Education, like the organization itself, is still very much a startup. On my last night in Sintra, the Boundless families gathered together at Praia de Maçãs, a beach 20 minutes from downtown.
Persons: Shirly, Erez Weinstein, Shirly Weinstein, Ella, Mauro Repacci, Simone Stolzoff, Edward, Jessica, , Rekha Magon, I've, Repacci, Marcos Carvalho, Rolf E, Carvalho, Lona Alia, Alia, Elina Zois, it's, Andreas Wil Gerdes, Penguin Random Organizations: Khan Academy, Green School, Nordic Baccalaureate, North America, Penguin Locations: United States, Israel, Atlanta, Chiang Mai, Thailand, Portugal, Indonesia, Italy, Greece, Bali, Dominican Republic, Sintra , Portugal, Lisbon, Sintra, Ohio, Seattle, Italy's Tuscany, Montreal, Costa Rica, Europe, Southeast Asia, North, Praia, Maçãs, America, San Francisco
At just shy of 400,000 inhabitants, Sintra is also big enough to absorb the 25 Boundless families without the expats dominating all the local haunts. At school, kids are fed organic meals made by a local chef. After school, kids from different families entertained themselves in the cobblestone streets and parks under light adult supervision. But despite some early success, Boundless Education, like the organization itself, is still very much a startup. On my last night in Sintra, the Boundless families gathered together at Praia de Maçãs, a beach 20 minutes from downtown.
Persons: Shirly, Erez Weinstein, Shirly Weinstein, Ella, Mauro Repacci, Simone Stolzoff, Edward, Jessica, , Rekha Magon, I've, Repacci, Marcos Carvalho, Rolf E, Carvalho, Lona Alia, Alia, Elina Zois, it's, Andreas Wil Gerdes, Penguin Random Organizations: Khan Academy, Green School, Nordic Baccalaureate, North America, Penguin Locations: United States, Israel, Atlanta, Chiang Mai, Thailand, Portugal, Indonesia, Italy, Greece, Bali, Dominican Republic, Sintra , Portugal, Lisbon, Sintra, Ohio, Seattle, Italy's Tuscany, Montreal, Costa Rica, Europe, Southeast Asia, North, Praia, Maçãs, America, San Francisco
Prime Minister Srettha Thavisin handed out gifts and posed for pictures as his tourism minister and other VIPs greeted about 300 travelers from Shanghai. He said that the government plans to promote Thailand’s smaller cities as destinations for Chinese tourists to encourage them to stay longer and spend more. Tourism Minister Sudawan Wangsuphakijkosol said there has been about a 30% surge in accommodation and flight bookings since the policy was announced. Chai Wacharonke, a spokesperson for the prime minister, earlier said that Thailand received 15 million international visitors in the first seven months. He said the government aims to draw 28 million tourists and generate 1.4 trillion baht ($39.2 billion) in revenue in 2023.
Persons: Srettha Thavisin, ” Srettha, Srettha, Dai, Chiang Mai, Peng, Wan Yi, Sudawan Wangsuphakijkosol, Thapanee Kiatphaibool, Chai Wacharonke Organizations: Bangkok’s, Central, Tourism, Tourism Authority of, Ministry of Tourism Locations: BANGKOK, Shanghai, Thai, Thailand, Bangkok, Phuket, Wan, Wat Arun, Chinatown, Central Asian, Kazakhstan, China, Tourism Authority of Thailand
Climate change adds workplace costs and hazards
  + stars: | 2023-09-07 | by ( Mark John | ) www.reuters.com   time to read: +6 min
The 57-year-old's death in hospital was announced in late August - just as his trade union was ratifying a deal with UPS on improved heat protections. In a statement to local media, UPS (UPS.N) said it was cooperating with the authorities as they investigated the cause of death. "We train our people to recognize the symptoms of heat stress, and we respond immediately to any request for help," it said. Many European and other usually temperate countries still have no laws establishing maximum work temperatures. "Climate change is such a paradigm shift that all of us need to rethink these legacy economic assumptions," said NELP's Christman.
Persons: patchily, Chris Begley, Halshka Graczyk, Graczyk, Chaya, Anastasia Christman, Owen Tudor, Tudor, Jerome Volle, NELP's, David Stanway, Catherine Evans Organizations: UPS, Teamsters, International Labour Organization, Chiang Mai University, . Occupational Health, Safety Authority, Employment Law, International Trade Union Confederation, Reuters, Thomson Locations: Texas, Paris, Thailand, Myanmar, China, Singapore
Pheu Thai's Srettha Thavisin gestures at the party headquarters before a royal endorsement ceremony after Thailand's parliament voted in favour of his prime ministerial candidacy, in Bangkok, Thailand August 23, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsBANGKOK, Aug 25 (Reuters) - Thailand's new Prime Minister Srettha Thavisin visited the resort island of Phuket on Friday, a first official trip to underline plans to shore-up economic recovery by bolstering tourism, a key driver of growth. The state planning agency has since cut its growth projection to a 2.5% to 3.0% range from 2.7% to 3.7%. The government will then have to deliver policy objectives to a joint session of parliament before starting work, likely in late September. ($1 = 35.1100 baht)Reporting by Panu Wongcha-um and Panarat Thepgupmanat; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.
Persons: Pheu, Thailand's, Athit, Srettha Thavisin, Srettha, Chiang Mai, Panu, Martin Petty Organizations: REUTERS, Rights, Tourism, Thai Party, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, Phuket, China, Phangnga
BANGKOK, Aug 22 (Reuters) - When Thailand's deposed prime minister Thaksin Shinawatra went into self-imposed exile in 2008 facing a raft of corruption charges following his ouster in a military coup, he issued a hand-written note. Thaksin has been Thailand's most prominent politician for decades, retaining outsized influence despite the years away. "It closes a crucial chapter in Thailand's politics," Thitinan Pongsudhirak, a political scientist at Chulalongkorn University, said of Thaksin's return. A shrewd operator who rarely minces his words, an increasingly wealthy Thaksin entered politics in the mid-1990s, initially serving as foreign minister and then deputy prime minister. But the brash Thaksin, who called himself Thailand's first "CEO prime minister", faced royalist accusations that he was undermining the revered monarchy, which he denied.
Persons: Thailand's, Thaksin Shinawatra, Thaksin, Thaksin's, Yingluck Shinawatra, Critics, watchdogs, Chalinee, Chiang Mai, Love Thais, Devjyot Ghoshal, Chayut Setboonsarng, Panu, Robert Birsel Organizations: Thaksin, Chulalongkorn University, Thai, REUTERS, Rights, Shin Corporation, Thai Rak Thai, Singapore's Temasek, Premier League, Manchester City, Thomson Locations: BANGKOK, Bangkok, Thailand, Chiang, United States, Thai, Britain
CHIANG MAI, Thailand, July 31 (Reuters) - Myanmar's ruling junta has officially postponed an election promised by August this year after its 2021 coup, state television reported on Monday night. Junta leader General Min Aung Hlaing, in a meeting on Monday with the army-backed National Defence and Security Council (NDSC), extended a state of emergency by six more months. The military seized power after complaining of fraud in a November 2020 general election won by Suu Kyi's party. The overthrow of Suu Kyi's elected government derailed a decade of reform, international engagement and economic growth, while leaving a trail of upended lives in its wake. Reporting by Myanmar staff; Editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.
Persons: CHIANG, General Min Aung, Nobel, Aung, Suu Kyi, Suu Kyi's, Nick Macfie Organizations: CHIANG MAI, Junta, National Defence, Security, Myanmar, Thomson Locations: Thailand, Suu, Myanmar
CNN —At least 12 people were killed and 121 injured in an explosion at a fireworks warehouse in southern Thailand. The incident – in the village of Mu No – reduced the warehouse and surrounding area to rubble, drone footage showed. At least two of the victims were children, including a four-year-old boy and a eight-month-old baby girl, according to state run Radio Thailand. Kriya Tehtani/APThe cause of the explosion is under investigation but initial reports suggested there had been a welding error. When there was a flood, I still could survive but now I really have nothing left.”Fireworks accidents are not uncommon in Thailand.
Persons: Anuruth Imarb, , , Samsueya Chuenchompoo, Chiang Mai Organizations: CNN, Radio Thailand, , Provincial Police, AFP Locations: Thailand, Mu
HOW TO LOVE YOUR DAUGHTER, by Hila Blum. A woman travels for thousands of miles to spy on a family at the start of “How to Love Your Daughter,” by Hila Blum. Inside are her daughter Leah and her two granddaughters, but they don’t know she is outside: Yoella hasn’t seen Leah in years and has never met her granddaughters. For six years, Leah has made sporadic calls to her mother from around the world, “from Dharamsala, Bangalore, Hanoi, Chiang Mai. She puts herself on trial as a mother, summoning witnesses, poring over the evidence, searching for a crime.
Persons: Hila Blum, Daniella Zamir, Yoella, Leah, Yoella hasn’t, Chiang Mai, , poring Locations: Dharamsala, Bangalore, Hanoi, Netherlands
CNN —When Anajak Thai opened in 1981, most people who walked into the Los Angeles restaurant weren’t familiar with Thai cuisine. Thai food became so popular among Americans that the Thai government took notice. Thai food in the US reaches new heightsToday, the Thai restaurant scene in the US is perhaps the most exciting that it’s ever been. And Thai American chefs like Pichetrungsi are continuing to defy stereotypes and misconceptions of what constitutes Thai food. He wants to show diners just how innovative Thai cuisine can be, but he’s hesitant to take familiar comforts like pad thai off the menu altogether.
Persons: Justin Pichetrungsi, Pichetrungsi’s, Rick Pichetrungsi, Anajak, ” Pichetrungsi, Pichetrungsi, he’s, It’s, Mark Padoongpatt, Padoongpatt, Marie Wilson, ” Padoongpatt, Justin, , , Saipin Chutima, Bill, Isabella Vosmikova, Andy Ricker, Chiang, Leah Nash, Chiang Mai, Hong Thaimee, Rather, ” Thaimee, Leela Punyaratabandhu, Punyaratabandhu, mok, We’ve, James Beard, it's, Mariah Tauger Organizations: CNN, Sherman Oaks, Disney, University of Nevada, Thai, Food, Lotus, White, Washington Post, Pichetrungsi, Los Angeles Times Locations: Los Angeles, L.A, Thailand, Asia, Las Vegas, Thai America, United States, Angeles, Central Thailand, Thai, Siam, Northern Thailand, White American, Portland , Oregon, Chiang Mai, Bangkok, America, New, Chicago, Heart, Malaysian, California
Sri Lanka readies ailing Thai elephant for flight home
  + stars: | 2023-06-21 | by ( ) www.reuters.com   time to read: +2 min
"But he is very gentle and obedient, which has made it easier to try and get him used to the process." Since he was gifted to Sri Lanka in 2001, the elephant, often used to carry Buddhist relics in processions, has spent most of his time at a Buddhist temple in Kalutara, about 75 km (47 miles) from Colombo, the commercial capital. Perera, who oversees his care, along with a mahout and other staff, said he would probably need hydrotherapy facilities that Sri Lanka lacks to restore full movement. Thailand will pay for the elephant's journey home, while Sri Lanka has footed the cost of his medical care and food, which runs into about 400 kg (882 lb) a day. The pachyderm is expected to return to Sri Lanka after treatment, Prime Minister Dinesh Gunawardena has said, and animal welfare activists hope he will be sent to a sanctuary.
Persons: Read, Sak Surin, Madusha Perera, Muthu Raja, Chiang Mai, Perera, Dinesh Gunawardena, Uditha Jayasinghe, Clarence Fernandez Organizations: Sri, Thomson Locations: Sak Surin, Sri Lanka, Thai, Thailand, Colombo, Sri, COLOMBO, Sri Lankans, Chiang, Kalutara, Lanka
Hong Kong CNN —For days, images of New York choking in smoke have stunned the United States, as residents struggle to deal with the unfamiliar challenge of severe air pollution. That means its people are exposed to high levels of fine particulate matter, or PM2.5, a widely used indicator of harmful air pollution. It culminated in the infamous 2013 “air-pocalypse,” when the air quality index hit 755, smashing what was supposed to be the top of the scale at 500, according to the US Embassy in Beijing that kept a daily air quality monitor. In 2021, Beijing recorded its best monthly air quality since records began in 2013; photos now show mostly blue skies in the city. It’s an encouraging sign, and evidence that the right policies and investment can help fix air quality.
Persons: smothers, Andrew Kelly, Sanchit Khanna, Chiang Mai, Nicolas Asfouri, Justin Trudeau, Joe Biden, , Lucky Tran Organizations: Hong Kong CNN, Rockefeller Center, Reuters, Hindustan Times, Embassy, Canadian, United Nations, East Coasters Locations: Hong Kong, York, United States, Canada, Coast, West Coast, California, Asia, New York, India, New Delhi, Southeast Asia, Malaysia, Indonesia, Beijing, AFP, , China, It’s, South Carolina, Quebec, Yorkers
The average May temperature in Hanoi is 32 degrees Celsius (90 degrees Fahrenheit). “Which is why a humid heat wave is more dangerous than a dry heat wave,” she told CNN. This is above a threshold considered dangerous, especially for people with health problems or those not used to extreme heat. In Thailand, 20 days in April and at least 10 days in May reached feels-like temperatures above 46 degrees Celsius (115 degrees Fahrenheit). Throughout April and May, Vietnam, Cambodia, Laos and Malaysia all had several days with potential to cause extreme heat stress.
Persons: , ” Phong, Dinh Van Hung, ” Dinh, Nhac Nguyen, Maximiliano Herrera, Herrera, Mariam Zachariah, Cyclone Mocha, ” Zachariah, Chaya Vaddhanaphuti, ” Emmanuel Raju, ” Raju, Madaree Tohlala, “ Nui, , ” Nui, Andre Malerba, Chaya, , Chintanaphone, Boua Seng, Lobia Yaw, Thongsouk, hasn’t Organizations: Hong Kong CNN, CNN, Getty, ” Workers, Imperial College London, WWA, Chiang Mai University, Copenhagen Center for Disaster Research, Labour Organization, Farmers, Weather, Lao Farmer Network Locations: Hong Kong, Hanoi, Vietnam, Dong Da district, , Hanoi , Vietnam, AFP, Dinh, Southeast Asia, Thailand, Laos, Cambodia, Malaysia, Myanmar, Asia, Thai, Narathiwat, Bangkok,
Laos is one of the few remaining communist countries in the world. But a shiny new railway funded by China now cuts through the countryside. It's a massive 1,000-kilometer, or 621-mile train network that aims to connect Laos with Thailand and Kunming in southern China. Despite being one of the poorest countries in Southeast Asia, Laos took on a $1.8 billion loan from China to build the railway. I flew to Laos from Singapore in early April to experience first-hand how the historic railway is developing.
SINGAPORE, May 17 (Reuters) - Record-breaking heatwaves that hit large parts of South and Southeast Asia in April were made "30 times more likely" as a result of human-induced climate change, an international team of scientists said on Wednesday. Humid heatwaves that used to happen once a century in Bangladesh and India are now expected to occur every five years, while the heat in Thailand and Laos would have been "virtually impossible" without climate change, the scientists said. "The heatwaves were not natural," said Chaya Vaddhanaphuti, a team member from Chiang Mai University in Thailand, during a media briefing on Wednesday. "Unless we take drastic measures to reduce carbon emissions, heatwave events like this will continue to become more common," he said. Reporting by David Stanway; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Thailand was the most popular outbound destination for Chinese travelers during the May labour day holiday, data from website Trip.com showed, followed by Japan and South Korea. "There is definitely demand from China for properties in Thailand," said Mesak Chunharakchot, the president of the Thai Real Estate Association. "Chinese are buying houses, sending their children to international schools and having their parents come stay in Thailand to take care of the grandkids." Nearly 270,000 Chinese tourists visited Thailand in March, government data shows, a three-year high, though well below the figure of 985,227 in March 2019, before the pandemic took hold. Therefore some would sell one of the houses in China and buy a property here for retirement."
The resumption of bilateral financial discussions comes ahead of Japanese Prime Minister Fumio Kishida's planned visit to South Korea on Sunday and Monday for talks with President Yoon Suk Yeol. Japan and South Korea will resume regular finance dialogue, likely to be held annually, at "an appropriate timing," Suzuki told reporters after the bilateral meeting. Washington has pressed both countries to resolve these disputes to better counter rising threats from China and North Korea and other regional challenges. Under Yoon, South Korea has resumed trilateral military drills and agreed to more intelligence sharing on issues like tracking ballistic missile launches from North Korea. China's finance minister and central bank head were not present at a trilateral meeting, with their deputies attending instead.
SummarySummary Companies Japan, South Korea hold 1st bilateral finance meeting in 7 yearsTwo nations to resume regular finance dialogue, likely annualAsia policymakers to discuss safeguardsINCHEON, South Korea May 2 (Reuters) - Japan and South Korea held their first finance leaders' meeting in seven years on Tuesday and agreed to resume regular dialogue, as tensions in the region and slowing growth prod them to increase co-operation and mend strained relations. The resumption of bilateral financial discussions comes ahead of Japanese Prime Minister Fumio Kishida's planned visit to South Korea next week for talks with President Yoon Suk Yeol. "Japan and South Korea are important neighbours that must cooperate to address various challenges surrounding the global economy, as well as the regional and international community," Japanese Finance Minister Shunichi Suzuki said at the meeting with his South Korean counterpart Choo Kyung-ho. Japan and South Korea will resume regular finance dialogue, likely to be held annually, at "an appropriate timing," Suzuki told reporters after the bilateral meeting. Choo is expected to visit Japan this year for another meeting with Suzuki, South Korea's finance ministry said.
SummarySummary Companies ASEAN+3 finance leaders meet in Incheon, South Korea, TuesdayJapan hopes to propose strengthening currency swap linesExpansion will offer better safeguards vs pandemic, disastersINCHEON, May 2 (Reuters) - Asian finance leaders will on Tuesday look for ways to tighten safeguards to address emergency funding needs during pandemics and natural disasters, as global recession fears and volatile financial markets cloud the economic outlook. Japan, which co-chairs this year's meeting with Indonesia, hopes to discuss strengthening currency swap lines, Finance Minister Shunichi Suzuki told reporters on Friday. Japan is keen to propose a facility that enhances the use of existing currency swap lines, and allows members to tap funds in emergencies, said three sources with direct knowledge of the matter. But the swap lines have never been used, not even during the COVID-19 pandemic, leading to calls within the group for the system to be more accessible. The ASEAN+3 finance leaders, including Suzuki and Bank of Japan (BOJ) Governor Kazuo Ueda, are meeting on the sidelines of the ADB's annual meeting in Incheon in South Korea this week.
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