China Evergrande’s founder Hui Ka Yan has been sentenced to life in prison and his former companies fined $2.4 billion, cementing the downfall of a property tycoon who exemplified the country’s real estate boom and bust. Read more: https://t.co/Yugcc3rTo2
📷️: Paul Yeung/Bloomberg
Hui Ka Yan, once Asia's richest man and founder of Evergrande Group, was sentenced to life in prison by a Chinese court, five years after the property developer's collapse shook China's economy and financial markets https://t.co/o6xdXIh1fp
China averages nearly 100m riders a day on its metro systems, about half of the world’s total. Crimes, big or small, are vanishingly rare on them. But the layer upon layer of safety at the country’s stations is overkill https://t.co/mhYYKoWpFk
Zhu Rongji, the steely former Chinese premier whose bold economic reforms propelled the country's rise as a global powerhouse, has died. He was 97. https://t.co/DgSA2kesA2
On this day, 23 July 1997, the Republic of the Union of Myanmar was formally admitted as the ninth Member State of the Association of Southeast Asian Nations (ASEAN).
This historic milestone marked a significant step in ASEAN’s journey towards broader regional integration, strengthening solidarity among Member States and advancing our shared commitment to peace, stability, and cooperation across Southeast Asia.
As we commemorate the 29th anniversary of the Republic of the Union of Myanmar’s historic accession to ASEAN, we reaffirm our collective aspiration for a cohesive, resilient, and people-centred ASEAN Community.
#ASEANHistory
The World Bank cut its annual growth forecast for Myanmar to 2% from 3%, saying a fuel shock linked to the Middle East conflict has raised costs and intensified strains on the war-torn and isolated Southeast Asian country https://t.co/JCwnr2exP5
AirAsia has signed the biggest single order for Airbus A220 jets in aviation history, buying 150 aircraft worth about $19 billion with options for more.
The deal with Airbus is central to AirAsia X’s strategy to build a global low cost network powered by fuel efficient, narrow body planes.
The A220s will help the airline connect more secondary cities across Asia and beyond, while lowering operating costs and boosting flexibility.
#TheNationThailand #TheNation #AirAsia #airbuspurchase #FleetExpansion
https://t.co/gAodFjsSBg
Myanmar’s military-backed government announced Aung San Suu Kyi will be moved to house arrest from Naypyidaw Prison to serve her remaining prison term https://t.co/KbpdyQmwnd
Former Thai Prime Minister Thaksin Shinawatra will be released on parole after serving eight months in jail, paving the way for his possible return to politics. https://t.co/jIFhwnoKHr
Toxic runoff from rare earth mines in Myanmar is contaminating rivers that flow into Thailand, threatening the Mekong River and its basin's fisheries and farmland. https://t.co/e1Ho8QiTsE
The head of Taiwan’s main opposition party said she has asked to meet with President Trump on a planned trip to the US, casting herself as a leader who could prevent a conflict with China through dialogue with the world’s largest economies. https://t.co/1tXlJzs6MR
Taiwan’s equity market has overtaken Canada’s to become the world’s sixth largest, driven by strong demand for AI-linked shares and the rapid rise of chip giant TSMC. https://t.co/VTaheUMRps
📷️: An Rong Xu/Bloomberg
Today, our Buddhist friends in Myanmar observe the Full Moon Day of Kasone, one of the most sacred days in the Buddhist calendar.
The name Kasone comes from the words Ku (water) and Sone (to pour), which is why the month is often associated with the water-pouring tradition. On this day, devotees visit pagodas and pour water at the roots of the sacred Bodhi Tree, symbolising respect and gratitude, as the tree is closely linked to the enlightenment of Gautama Buddha.
This day also marks the birth, enlightenment, and passing of the Buddha into Nirvana.
We welcome the announcement of the release of more than 4,000 prisoners on 17 April 2026, in conjunction with Myanmar’s New Year. In particular, we welcome the release of U Win Myint, viewing this as a positive step towards inclusive national dialogue among all parties in Myanmar. In this regard, we encourage the release of the remaining prisoners in Myanmar, including Daw Aung San Suu Kyi, in the spirit of genuine reconciliation and peace.
Read more: https://t.co/Qa3D9VXNmJ