Asian Games= Eastern Asian Games?
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xesy
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Most of our historical movies are made by govt, so they are mostly propaganda. There are some made by private companies but they are not popular though. However, I would recommend you "The Rebel" (VNese: "Dòng máu anh hùng"/ litterally: Blood of Heroes). An interesting action film starring Jonny Tri Nguyen, the stuntman for Tobey Maguire in Spiderman 2, directed and starred by Charlie Nguyen, another popular Vietkieu director. It's a good film to pass time. The movie focuses on the fight and the people, rather than on communism and the party.
somsak
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Yes. I heard many Thai people surprise our performance as well. Since introduction of Thai leaque, the European style business team building, Thai strength on soccer leaps forward quite fast. The next match will be real test of newly acquired strength with South Korea.
xesy
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Thai has always been the best football team in ASEAN. Hopefully political unrest will not affect Thai team performance.
alaungphaya
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Still got some way to go before you match our record in the Asian Games football or Asian Cup
Where are you from, btw?
AHEM! Not always.
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William Hung
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SK u23 not so strong, Thailand can beat them. Real test is against Iraq in the final.
cirr
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Bloomberg News
Yuan to Start Direct Trading With Euro as China Pushes Usage
By Bloomberg News September 29, 2014
China will start direct trading between the yuan and the euro tomorrow as the world’s second-largest economy seeks to spur global use of its currency.
The move will lower transaction costs and so make yuan and euros more attractive to conduct bilateral trade and investment, the People’s Bank of China said today in a statement on its website. HSBC Holdings Plc said separately it has received regulatory approval to be one of the first market makers when trading begins in China’s domestic market.
The euro will become the sixth major currency to be exchangeable directly for yuan in Shanghai, joining the U.S., Australian and New Zealand dollars, the British pound and the Japanese yen. The yuan ranked seventh for global payments in August and more than one-third of the world’s financial institutions have used it for transfers to China and Hong Kong, the Society for Worldwide International Financial Telecommunications said last week.
“It’s a fresh step forward in China’s yuan internationalization,” said Liu Dongliang, an analyst with China Merchants Bank Co. in Shenzhen. “However, the real impact on foreign exchange rates and companies may be limited as onshore trading volumes between yuan and non-dollars are still too small to gain real pricing power.”
Transactions exchanging yuan for dollars totaled 12.2 trillion yuan in the first half of 2014, dwarfing the 110.4 billion yuan worth of trades for euros and the 251.7 billion yuan for yen, the PBOC said in a monetary policy report last month.
Trading Ties
China’s trade with European Union nations grew 12 percent from a year earlier to $404 billion in the first eight months of 2014, according to data from the Asian nation’s customs department. That compares with just $354 billion with the U.S. during the period.
French and German companies lead among countries outside of greater China in the use of the yuan, according to a July report by HSBC that was based on a survey of 1,304 businesses in 11 major economies that have ties with mainland China. Some 26 percent of French corporates and 23 percent of German companies were using the currency to settle trade, the highest proportions apart from mainland China, Hong Kong and Taiwan.
Last One
China appointed yuan clearing banks this year in Frankfurt, Paris and Luxembourg, and Germany’s financial capital as well as Paris were awarded quotas under the Renminbi Qualified Foreign Institutional Investor program to invest the currency raised offshore in China’s domestic capital markets.
“Given the appointments of renminbi clearing banks in Frankfurt and Paris, today’s announcement is largely expected,” Australia & New Zealand Banking Group Ltd.’s economists led by Liu Li-gang wrote in a research note today. The agreement marks a “significant milestone” in yuan internationalization as the euro is the only G3 currency that has not had direct conversion with the yuan, Liu said.
The European Central Bank is able to draw on a maximum 350 billion yuan ($57 billion) swap line from the People’s Bank of China under the terms of an agreement signed in October 2013. The PBOC can access 45 billion euros ($57 billion) under the terms of the currency swap.
Yuan to Start Direct Trading With Euro as China Pushes Usage
By Bloomberg News September 29, 2014
China will start direct trading between the yuan and the euro tomorrow as the world’s second-largest economy seeks to spur global use of its currency.
The move will lower transaction costs and so make yuan and euros more attractive to conduct bilateral trade and investment, the People’s Bank of China said today in a statement on its website. HSBC Holdings Plc said separately it has received regulatory approval to be one of the first market makers when trading begins in China’s domestic market.
The euro will become the sixth major currency to be exchangeable directly for yuan in Shanghai, joining the U.S., Australian and New Zealand dollars, the British pound and the Japanese yen. The yuan ranked seventh for global payments in August and more than one-third of the world’s financial institutions have used it for transfers to China and Hong Kong, the Society for Worldwide International Financial Telecommunications said last week.
“It’s a fresh step forward in China’s yuan internationalization,” said Liu Dongliang, an analyst with China Merchants Bank Co. in Shenzhen. “However, the real impact on foreign exchange rates and companies may be limited as onshore trading volumes between yuan and non-dollars are still too small to gain real pricing power.”
Transactions exchanging yuan for dollars totaled 12.2 trillion yuan in the first half of 2014, dwarfing the 110.4 billion yuan worth of trades for euros and the 251.7 billion yuan for yen, the PBOC said in a monetary policy report last month.
Trading Ties
China’s trade with European Union nations grew 12 percent from a year earlier to $404 billion in the first eight months of 2014, according to data from the Asian nation’s customs department. That compares with just $354 billion with the U.S. during the period.
French and German companies lead among countries outside of greater China in the use of the yuan, according to a July report by HSBC that was based on a survey of 1,304 businesses in 11 major economies that have ties with mainland China. Some 26 percent of French corporates and 23 percent of German companies were using the currency to settle trade, the highest proportions apart from mainland China, Hong Kong and Taiwan.
Last One
China appointed yuan clearing banks this year in Frankfurt, Paris and Luxembourg, and Germany’s financial capital as well as Paris were awarded quotas under the Renminbi Qualified Foreign Institutional Investor program to invest the currency raised offshore in China’s domestic capital markets.
“Given the appointments of renminbi clearing banks in Frankfurt and Paris, today’s announcement is largely expected,” Australia & New Zealand Banking Group Ltd.’s economists led by Liu Li-gang wrote in a research note today. The agreement marks a “significant milestone” in yuan internationalization as the euro is the only G3 currency that has not had direct conversion with the yuan, Liu said.
The European Central Bank is able to draw on a maximum 350 billion yuan ($57 billion) swap line from the People’s Bank of China under the terms of an agreement signed in October 2013. The PBOC can access 45 billion euros ($57 billion) under the terms of the currency swap.
i like these two!
alaungphaya
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somsak
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Bangkok nice to.meet u too.
Where in Thailand?
I'm from Yangon. Pleased to meet you here.
I want to know Rohingya so much. May b u could tell me
alaungphaya
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Bangkok nice to.meet u too.
I want to know Rohingya so much. May b u could tell me
Oh man. I've talked about that too much on here. Take a look at the Bangladesh forums - we've talked so much about that over there. Are there many Rohingya in Thailand?
somsak
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No native Rohingya. Only recent immigrants.
Oh man. I've talked about that too much on here. Take a look at the Bangladesh forums - we've talked so much about that over there. Are there many Rohingya in Thailand?
Normal Thai netizen sentiment is to not accept these immigrants saying they are lazy people.
I want to know the real reason for conflict. Can you tell me?
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Thailand Now 6 gold medals.
No. 1 of ASEAN.10th right behind India, a country of 1 billion population
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