Germany has agreed to withdraw from the Energy Charter Treaty

The pact has been criticized for impeding attempts to minimize the use of fossil fuels by permitting corporations to sue for damages. The agreement commits its signatories to its terms for a period of 20 years.

Germany is leaving the Energy Charter Treaty, stated Economy Minister Robert...

As the Standard Chartered Singapore Marathon returns as a major event, up to 50,000 participants are anticipated

After two editions that were modified and scaled back due to the COVID-19 outbreak, the Standard Chartered Singapore Marathon will resume as a full-scale event in December with up to 50,000 participants anticipated.

The race will feature full and half marathons as well as a mass start a...

INDIAN CABINET CLEARS INDIA-QATAR ACCOUNTING DEAL

HIGHLIGHTS

• The Union Cabinet has cleared India – Qatar deal on accounting profession.
• The new deal is expected to enhance cooperation between ICAI and QFCA with regards to strengthening the accounting profession and the entrepreneurship base in ...

INDIA’S BAN ON UK FLIGHTS DURING PEAK TOURIST SEASON WILL HURT GOA TOURISM

Highlights –

• India’s ban on UK flights during peak tourist season will hurt Goa Tourism.
• Hopes of charter flights landing in Goa from the UK also look bleak.
• Travel operators in Goa are hoping that the govt. will allow a travel ...

THAI COURT SAYS PM PRAYUT IS CLEAN UNDER CONSTITUTIONAL LAW FOR STAYING IN ARMY RESIDENCE

HIGHLIGHTS

• The Constitutional Court decided on Wednesday that Prime Minister General Prayut Chan-o-cha has not disregarded the contract by remaining on in his Army living arrangement, so can stay in office

The court decided that military guidel...

ILAW OUT RIGHTLY REJECTED IN THAI LEGISLATION BY SENATORS

HIGHLIGHTS

• A draft of charter revisions proposed by iLaw was dismissed in Parliament on Wednesday because of inadequate help from representatives, who overwhelmingly upheld the public authority supported adaptations

iLaw — Internet Law Re...

THAI PM APPROVES CHARTER AMENDMENT ON WEDNESDAY

HIGHLIGHTS

• Thai PM said he approves of the sanction changes on Wednesday, in the exceptional parliamentary meeting

Prayut said he concurred with significant points made by MPs about the emergency, however, said the primary concern was changing ...

STANDARD CHARTERED BANK TO CHOP HUNDREDS OF JOB POSTS IN UAE

HIGHLIGHTS

• Standard Chartered Plc is cutting more than 100 positions in the United Arab Emirates, the most recent action by the bank to shrivel costs around the world.

The decreases will happen in lender retail and worldwide bank financial divi...

AXIS BANK’S PRALAY MONDAL HEADS TO CATHOLIC SYRIAN BANK

Highlights

• Pralay Mondal, a graduate from IIT Kharagpur and a management graduate from IIM, Calcutta has nearly 30 years of banking experience

• Mr. Mondal served HDFC Bank for the period of 12 years before his stint at Yes Bank

• At the CSB Bank, Pr...

BIG RELIEF FOR CA STUDENTS: ICAI COMES UP WITH AN OPT-OUT OPTION FOR JULY 2020 EXAMS

Highlights

• Students opting for the next attempt, don’t need to pay the examination fees again, only difference if any will have to be paid

• ICAI clearly that it is taking efforts to ensure smooth examination by implementing all the precautionary guidelines

WEALTHY CHINESE STUDENTS CHOOSE HOME OVER AMERICAN DREAM

• Chinese students are shelling tens of thousands of pounds for access to private jets to flee US as the country’s coronavirus outbreak threatens to go overboard.
• With the number of deaths and confirmed cases exponentially rising and more than 780 deaths bringing forth ugly...

The first digital bank in Hong Kong provides 6% deposit rates that rival HSBC's

HONG KONG (BLOOMBERG)— Hong Kong's first new generation of digital banks announced their launch with an introductory deposit rate of 6 percent.

ZA Bank, one of eight firms preparing to start digital-only banks in Hong Kong, has started a trial run that pays more than 3 percent...

Research into heating homes from County Durham mine water earns award

RESEARCH into the potential of using geothermal energy as a low-carbon heat source has helped a Durham University researcher win a prestigious national award.

Dr Charlotte Adams, an Assistant Professor in Durham’s department of earth sciences, has been named Energy Champion by the...