The Election Commission of Thailand reported that the country's new Constitution draft has been approved by the majority of eligible voters.
The official result will be known by August 10, state news agency (TNA) reported Monday.
The new draft constitution was written by an army-appointed committee. The military threw out the old constitution when it took power in 2014, afterRead more
The World Bank’s Board of Executive Directors approved a new Environmental and Social Framework (ESF) that expands protections for people and the environment in Bank-financed investment projects.
The safeguards review included the most extensive consultation ever conducted by the World Bank. It concludes nearly four years of analysis and engagement around the world with governments, development experts, and civil societyRead more
Yemeni President Abd Rabbuh Mansur Hadi and his government approved an agreement proposed by Ismail Ould Cheikh Ahmed, the UN special envoy, to settle the crisis on the condition it is signed by Houthi rebels before August.
Hadi held a meeting late Friday with his deputy Lt General Ali Mohsen Al Ahmar, Prime Minister Ahmed Ebeid bin Dhagher, deputy speakerRead more
Education Minister Hilali Sherbini approved on Sunday the results of final year exams for secondary students, called Thanaweya Amma, at a success rate of 75.7% compared to 79.4 last year.
At a press conference, the minister said 560,533 students applied for this year exams but only 483,366 attended.
The minister than announced top students totaling 93 in the different categories.Read more
The Executive Board of the International Monetary Fund (IMF) approved a three-year SDR 83.55 million (about US$115.8 million) arrangement under the Extended Credit Facility (ECF) for the Central African Republic.
According to the IMF, the approval enables the immediate disbursement of SDR 12.525 million (about US$17.4 million), while the remaining amount will be phased over the duration of the arrangement,Read more
The Asian Development Bank (ADB) has approved the release of a USD500 million loan to Indonesia following the roll out of agreed policy reforms to reduce barriers to investment and encourage more public-private partnerships (PPPs), which are needed to foster the development of the private sector and increase its participation in infrastructure projects.
The loan, which is ADB’s secondRead more
The Asian Infrastructure Investment Bank's (AIIB) board of directors has approved its first four loans totalling 509 million US dollars on the eve of its first annual meeting Saturday.
The four loans are earmarked to finance four separate projects, with three part of co-financing with multilateral development bank partners, the AIIB announced.
The projects include a loan of 165 millionRead more
Sharp Corp. shareholders approved a motion Thursday for the company to be purchased by Taiwan's Hon Hai Precision Industry Co., making it the first major Japanese electronics manufacturer to come under foreign ownership.
Hon Hai, better known by its trade name Foxconn, is set to acquire a 66% stake in Sharp for 388.8 billion yen about ($3.7 billion) this month,Read more
The World Bank has approved a $125 million credit to help Sri Lanka establish its first public-private-partnership (PPP) to help better maintain the country’s roads, reduce long-term costs, and improve the performance of the Road Development Authority (RDA).
Moving away from the conventional way that civil works contracts have been done, this new approach is expected to bring significantRead more
The board of Capital Market Authority (CMA) approved the final draft of the amended Investment Funds Regulations (IFR) after the draft was published on its website for 60 days for public consultation.
CMA explained that it studied carefully all the opinions, observations and recommendations received from investors and interested parties, including authorized persons.
The amended regulations include 104 articles coveringRead more