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Thailand Inventors’ Day 2023 Comprising 470 Inventions

Thailand Inventors’ Day 2023 held during February 2 – 6, from 9am to 5pm at Event Hall 102 – 104, Bangkok International Trade & Exhibition Centre (BITEC), Bangkok, Thailand.

This exhibition is known as Bangkok International Intellectual Property, Invention, Innovation and Technology Exposition (IPITEx)  It is one of the largest invention exhibitions in Thailand.

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The five-day event also features “Bangkok International Intellectual Property, Invention And Technology Exposition” comprising 470 inventions from 24 countries; including Canada, China, Croatia, Hongkong, India, Indonesia, Iran, Japan, Laos, Malaysia, Philippines, Poland, Romania, Russia, Saudi Arabia, Singapore, South Korea, Sudan, Taiwan, United Kingdom, Vietnam, Egypt and the United Arab Emirates.

It also has a showcase of around 450 winning creations from the “Thailand New Gen Inventors Awards 2023: I-New Gen Award 2023”; and a market offering innovative goods for purchase.

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Leicester City Chairman Relieves £194m Debt Has Wiped Out

Leicester City Chairman Aiyawatt Srivaddhanaprabha has relieved the Club of its outstanding debts to its parent company, King Power International.

Over £194M in loans and related interest has been capitalised into equity issued to King Power International Co Limited (KPI), which is wholly owned by the Srivaddhanaprabha family.

These loans have been provided by KPI to the Club over the last four years to fund the construction of the Club’s world-class new training ground at Seagrave and to continue to support the Club’s investments into its squad and Women’s football during the COVID-19 pandemic.

Their conversion into equity serves to strengthen the Club’s balance sheet, reduce its interest costs, and provide further evidence of King Power International’s commitment to supporting the Club’s long-term sustainability.

It is the second time such a process has been undertaken since the family took ownership of Leicester City in 2010, having completed a £103M debt-to-equity transfer in 2013. In both cases it has ensured that all existing shareholder investment in the Club will not be carried forward as debt.

Leicester City Chairman Aiyawatt Srivaddhanaprabha said: “Maintaining long-term stability is vital for sustainable growth and a fundamental principle that has always guided our investments in the Club’s future. We want to make sure we continue on that path from the strongest, most secure financial footing.

“I believe with all my heart in Leicester City and what the Club can achieve for our fans, our people and our communities – in Leicester, Thailand and around the world. The faith they continue to place in us to run their Club responsibly with ambition and integrity guides our decision making and remains vital to us building on one of the most successful eras in the Club’s history.”

Leicester City was acquired by the Srivaddhanaprabha family in 2010 and quickly made part of its King Power Group, which supported the Club’s rise from the Championship to the Premier League.

As well as overseeing unprecedented success on the pitch – including winning the Premier League in 2016, winning the FA Cup and Community Shield in 2021 and embarking on three memorable European campaigns – the Srivaddhanaprabha family have transformed the Club off it.

Our state-of-the-art new training facility in Seagrave, north Leicestershire was opened in December 2020, providing a world-class facility both for our Men’s First Team and for future generations of young players on the development pathway through the Club’s Academy. LCFC Women was launched earlier in the same year, with the team winning promotion to the top flight of the women’s game in their first professional season.

Under King Power ownership, the Club has continually strived to be a force for good in its communities, supporting valued causes throughout Leicestershire through the establishment of its charitable foundation in 2012.

It was renamed the Vichai Srivaddhanaprabha Foundation after the Club’s late Chairman and patriarch, in whose name it continues to support some of the most disadvantaged in our communities.

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Hong Kong bans CBD, forcing businesses to shut or revamp

CBD powder and water-soluble CBD sold by the CBD Bakery online shop are seen in Hong Kong, Monday, Jan. 30, 2023. Hong Kong banned cannibidiol, also known as CBD, as a "dangerous drug" and imposed harsh penalties for possession on Wednesday, forcing fledging businesses to shut down and revamp. (AP Photo/Alice Fung)

HONG KONG (AP) — Hong Kong banned CBD as a “dangerous drug” and imposed harsh penalties for its possession on Wednesday, forcing fledging businesses to shut down or revamp.

Supporters say CBD, or cannabidiol, derived from the cannabis plant, can help relieve stress and inflammation without getting its users high, unlike its more famous cousin THC, the psychoactive ingredient of marijuana which has long been illegal in Hong Kong. CBD was once legal in the city, and cafes and shops selling CBD-infused products were popular among young people.

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FILE – An employee adds drops of water-soluble CBD, or cannabidiol, an essential component of medical marijuana, into a coffee glass at the Found Cafe in Hong Kong on Sept. 13, 2020. (AP Photo/Vincent Yu, File)

But all that has changed with the prohibition, which took effect Wednesday but had been announced by the government last year. CBD-related businesses have closed down while others have struggled to remodel their businesses. Consumers dumped what they saw as a cure for their ailments into special collection boxes set up around the city.

The new rule reflects a zero-tolerance policy toward dangerous drugs in Hong Kong, a semi-autonomous southern Chinese business hub, as well as in mainland China, where CBD was banned in 2022.

The city maintains several categories of “dangerous drugs,” which include “hard drugs” such as heroin and cocaine.

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Hong Kong Customs officials speak at a press conference in Hong Kong, Friday, Jan. 27, 2023. (AP Photo/Alice Fung)

In explaining the policy change, the Hong Kong government cited the difficulty of isolating pure CBD from cannabis, the possibility of contamination with THC during the production process and the relative ease by which CBD can be converted to THC.

Customs authorities vowed last week to do more to educate residents to help them understand that CBD is prohibited in Hong Kong even though it is legal elsewhere.

Starting Wednesday, possession of CBD can result in up to seven years in jail and a 1 million Hong Kong dollar ($128,000) fine. Those convicted of importing, exporting or producing the substance can face up to life in prison and a 5 million Hong Kong dollar ($638,000) fine.

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Products containing CBD are displayed at a press conference by Hong Kong Customs in Hong Kong, Friday, Jan. 27, 2023. (AP Photo/Alice Fung)

Some users said the ban shows the international financial hub is going backward.

“It’s just looking less like an international city,” said Jennifer Lo, the owner of CBD Bakery, who started selling CBD-infused cheesecakes, cookies and drinks in 2021.

Her business largely dried up even before the ban took effect, she said.

“Rumors of the ban affected how I do business,” she said. “Some platforms just took me offline without telling me. And then it was not as easy to get space at markets.”

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Customers sit at tables in Hong Kong’s first CBD cafe, Sept. 13, 2020. Hong Kong banned cannibidiol, also known as CBD, as a “dangerous drug” and imposed harsh penalties for possession on Wednesday, Feb. 1, 2023, forcing fledging businesses to shut down and revamp. (AP Photo/Alice Fung)

To comply with the ban, Lo dumped all her remaining stock, including dozens of cookies, and said she would have to rebrand her business.

Some other vendors, including the city’s first CBD cafe that opened in 2020, shut down.

Karena Tsoi, who used CBD skincare products for two years to treat her eczema, said she will have to find an alternative treatment.

“It’s troublesome,” she said. “The government doesn’t have to regulate like this.”

Most Asian nations have strict drug laws with harsh penalties with the exception of Thailand, which made marijuana legal to cultivate and possess last year.

Elsewhere, the debate over CBD continues.

The U.S. Food and Drug Administration said last week that there is not enough evidence about CBD to confirm that it’s safe for consumption in foods or as a dietary supplement. It called on Congress to create new rules for the growing market.

Marijuana-derived products have become increasingly popular in lotions, tinctures and foods, while their legal status has been murky in the U.S., where several states have legalized or decriminalized substances that remain illegal federally.

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China-Laos Railway transports over 10 mln passengers

A conductor serves drinkable water for a passenger on a train of the China-Laos Railway, Nov. 23, 2022. (Xinhua/Hu Chao)

KUNMING, Feb. 1 (Xinhua) — As of Tuesday, the China-Laos Railway had operated 20,000 passenger trains and handled 10.3 million passenger trips since its launch in December 2021, the railway operator said Wednesday.

The railway handled 8.7 million passenger trips for the China section, with daily passengers hitting 65,000. Meanwhile, 1.6 million passenger trips were logged in its Laos section, with the number of daily passengers reaching 8,800, said the China Railway Kunming Group Co., Ltd.

The number of stations in Laos that can handle passenger service has increased from seven in the initial period to ten.

“The passenger volume of the China-Laos railway has continued to grow, and its service quality has greatly improved. The railway plays a positive role in providing convenient and efficient travel for the people of the two countries,” said Zheng Bin, deputy stationmaster of Kunming Railway Station.

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Passengers get on a train of the China-Laos Railway at Kunming Railway Station in Kunming, southwest China’s Yunnan Province, Nov. 23, 2022. (Xinhua/Hu Chao)

It is expected to launch cross-border passenger trains on the China-Laos railway this year to improve the passenger and cargo transport of the railway.

The China-Laos Railway connects Kunming in southwest China’s Yunnan Province with the Laotian capital Vientiane. The 1,035-km railway, a landmark project of high-quality Belt and Road cooperation, started operation on Dec. 3, 2021.

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Scientists find evidence of lunar tide effects in Earth’s plasmasphere

People gather to watch the Qiantang River tidal bore on the bank of the Qiantang River in Yanguan Town of Haining City, east China's Zhejiang Province, Sept. 11, 2014. (Xinhua/Han Chuanhao)

BEIJING, Feb. 1 (Xinhua) — A team of Chinese scientists and their overseas counterparts have for the first time discovered evidence of a lunar tide-induced signal in the Earth’s plasmasphere, the inner region of the magnetosphere, which is filled with cold plasma.

The study, jointly conducted by scientists from Shandong University, the Institute of Geology and Geophysics of the Chinese Academy of Sciences, and other institutes, was recently published in the journal Nature Physics.

According to scientists, effects caused by lunar tides were reported in the Earth’s crust, oceans, neutral gas-dominated atmosphere and near-ground geomagnetic field. However, whether a lunar tide effect existed in the plasma-dominated regions had not been explored yet.

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Tourists watch the full moon at the Mingsha Mountain scenic area in Dunhuang, northwest China’s Gansu Province, Sept. 10, 2022. The Mid-Autumn Festival falls on Sept. 10 this year. (Photo by Zhang Xiaoliang/Xinhua)

Xiao Chao, the paper’s co-first author, a researcher at Shandong University, said they made the new findings by analysing data from more than 10 satellites over the past four decades.

They found that the lunar tide-induced signal in the Earth’s plasmasphere possesses distinct diurnal and monthly periodicities, which are different from the semidiurnal and semimonthly variations dominant in the previously observed lunar tide effects in other regions.

The new findings expand our understanding of Earth-Moon interactions in a direction that had not been previously considered, said Xiao.

They also provide important clues for future investigations in broader regions and two-body celestial systems, including other planetary systems in our solar system and beyond, the researcher added.

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Taiwan Activates Defenses in Response to China Incursions

FILE - Taiwanese Mirage 2000 fighter jets taxi along a runway during a drill at an airbase in Hsinchu, Taiwan, Wednesday, Jan. 11, 2023. Photo: Johnson Lai / AP File
FILE - Taiwanese Mirage 2000 fighter jets taxi along a runway during a drill at an airbase in Hsinchu, Taiwan, Wednesday, Jan. 11, 2023. Photo: Johnson Lai / AP File

TAIPEI, Taiwan (AP) — Taiwan scrambled fighter jets, put its navy on alert and activated missile systems in response to nearby operations of 34 Chinese military aircraft and nine warships that are part Beijing’s strategy to unsettle and intimidate the self-governing island democracy.

The large-scale Chinese deployment comes as Beijing increases preparations for a potential blockade or outright attack on Taiwan that has stirred major concerns among military leaders in the U.S., Taiwan’s key ally.

In a memo last month, U.S. Air Force Gen. Mike Minihan instructed officers to be prepared for a U.S. -China conflict over Taiwan in 2025. As head of Air Mobility Command, Minihan has a keen understanding of the Chinese military and his personal remarks echo calls in the U.S. for heightened preparations.

Taiwan’s Defense Ministry said 20 Chinese aircraft on Tuesday crossed the central line in the Taiwan Strait that has long been an unofficial buffer zone between the sides, which divided amid civil war in 1949.

China claims the self-governing island republic as its own territory to be taken by force, while the vast majority of Taiwanese are opposed to coming under the control of China’s authoritarian Communist Party.

Taiwan’s armed forces “monitored the situation … to respond to these activities,” the Defense Ministry said Wednesday.

China has sent warships, bombers, fighter jets and support aircraft into airspace near Taiwan on a near daily basis, hoping to wear down the island’s limited defense resources and undercut support for pro-independence President Tsai Ing-wen.

Chinese fighter jets have also confronted military aircraft from the U.S. and allied nations over international airspace in the South China and East China seas, in what Beijing has described as dangerous and threatening maneuvers.

A string of visits in recent months by foreign politicians to Taiwan, including by then-U.S. House Speaker Nancy Pelosi and numerous politicians from the European Union, spurred displays of military might from both sides.

In response to Pelosi’s visit in August, China staged war games surrounding the island and fired missiles over it into the Pacific Ocean.

China has repeatedly threatened retaliation against countries seeking closer ties with Taiwan, but its attempts at intimidation have sparked a backlash in popular sentiment in Europe, Japan, the U.S. and other nations.

Taiwan is set to hold presidential elections next year, in contrast to China’s system of total control by president and party General Secretary Xi Jinping, who has removed term limits to effectively make him leader for life. China’s efforts to reach out to Taiwan’s pro-unification Nationalist Party have largely backfired.

Although the Nationalists performed well in local elections last year, the party’s pro-Beijing policies have failed to find resonance among voters on a national level.

Taiwan has responded to China’s threats by ordering more defensive weaponry from the U.S., leveraging its democracy and high-tech economy to strengthen foreign relations and revitalizing its domestic arms industry.

Compulsory military service for men is being extended from four months to one year and public opinion surveys show high levels of support for increased defense spending to counter China’s threats.

In an interview last month, Taiwan’s envoy to the U.S. said the island has learned important lessons from Ukraine’s war that would help it deter any attack by China or defend itself if invaded.

Taiwan’s de-facto ambassador in Washington, Bi-khim Hsiao, said there is a new emphasis on preparing military reservists and civilians for the kind of all-of-society fight that Ukrainians are waging against Russia.

“Everything we’re doing now is to prevent the pain and suffering of the tragedy of Ukraine from being repeated in our scenario in Taiwan,” Hsiao told The Associated Press. “So ultimately, we seek to deter the use of military force. But in a worst-case scenario, we understand that we have to be better prepared.”

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Myanmar Resistance Steadfast Against Army Rule 2 Years Later

FILE - Anti-coup protesters hold up signs as they march in Mandalay, Myanmar Sunday, March 14, 2021. Photo: AP FIle
FILE - Anti-coup protesters hold up signs as they march in Mandalay, Myanmar Sunday, March 14, 2021. Photo: AP FIle

BANGKOK (AP) — The prospects for peace in Myanmar, much less a return to democracy, seem dimmer than ever two years after the army seized power from the elected government of Aung San Suu Kyi, experts say.

On Wednesday, legions of opponents of military rule heeded a call by protest organizers to stay home in what they call a “silent strike” to show their strength and solidarity.

The opposition’s General Strike Coordination Body, formed soon after the 2021 takeover, urged people to stay inside in their homes or workplaces from 10 a.m. to 3 p.m. Photos posted on social media showed empty streets in the normally bustling downtown area of Yangon, the country’s largest city, with just a few vehicles on the roads, and there were reports of similar scenes elsewhere.

Small peaceful protests are an almost-daily occurrence throughout the country, but on the anniversary of the Feb. 1, 2021, seizure of power by the army, two points stand out: The level of violence, especially in the countryside, has reached the level of civil war; and the grassroots movement opposing military rule has defied expectations by largely holding off the ruling generals.

The violence extends beyond the rural battlefields where the army is burning and bombing villages, displacing hundreds of thousands of people in what is a largely neglected humanitarian crisis. It also occurs in the cities, where activists are arrested and tortured and urban guerrillas retaliate with bombings and assassinations of targets linked to the military. The military, after closed trials, have also executed by hanging activists accused of “terrorism.”

According to the independent Assistance Association for Political Prisoners, a watchdog group that tracks killings and arrests, 2,940 civilians have been killed by the authorities since the army takeover, and another 17,572 arrested — 13,763 of whom remain detained. The actual death toll is likely to be much higher since the group does not generally include deaths on the side of the military government and cannot easily verify cases in remote areas.

“The level of violence involving both armed combatants and civilians is alarming and unexpected,” said Min Zaw Oo, a veteran political activist in exile who founded the Myanmar Institute for Peace and Security.

“The scale of the killing and harm inflicted on civilians has been devastating, and unlike anything we have seen in the country in recent memory,” he said.

When the army ousted Suu Kyi in 2021, it arrested her and top members of her governing National League for Democracy party, which had won a landslide victory for a second term in a November 2020 general election. The military claimed it acted because there had been massive electoral fraud, a claim not backed up by objective election observers. Suu Kyi, 77, is serving prison sentences totaling 33 years after being convicted in a series of politically tainted prosecutions brought by the military.

Shortly after the military seized power and quashed nonviolent protests with lethal force, thousands of young people slipped away to remote rural areas to become guerrilla fighters.

Operating in decentralized “People’s Defense Forces,” or PDFs, they are proving to be effective warriors, specializing in ambushes and occasionally overrunning isolated army and police posts. They have benefited greatly from supplies and training provided by the some of the country’s ethnic minority rebels — Ethnic Armed Organizations, or EAOs — who have been fighting the army for decades for greater autonomy.

“That’s not only a very brave thing to do. It’s a very difficult thing to do,” Richard Horsey, an independent analyst and adviser to the International Crisis Group, told The Associated Press. “It’s a very challenging thing to do, to take on, you know, a military that’s been fighting counter-insurgency warfare (for) basically its whole existence.”

David Mathieson, another independent analyst with over 20 years’ experience in Myanmar, says the opposition’s combat capabilities are “a mixed picture in terms of battlefield performance, organization and unity amongst them.”

“But it’s also important to remember two years in that no one was predicting that they were actually going to be as effective as they are now. And in certain areas, the PDFs have been taking on the Myanmar military and, in many respects, besting them on the battlefield in terms of ambush and pitched battles, taking over bases.”

He says the military’s heavy weaponry and air power push the situation into a kind of a stalemate where the PDFs are not necessarily taking over large swaths of territory, but fighting back and prevailing.

“So no one’s winning at the moment,” Mathieson said.

The military government of Senior Gen. Min Aung Hlaing has an advantage — not just in arms and trained manpower, but also in geography. Myanmar’s main neighbors — Thailand, China and India — have geopolitical and economic interests in Myanmar that leave them satisfied with the status quo, which largely secures its borders from becoming a major supply route for weapons and other supplies for the resistance. And while much of the world maintains sanctions against the generals and their government, they can rely on obtaining arms from Russia and China.

Min Aung Hlaing’s government is also nominally pursuing a political solution to the crisis it caused, most notably in its promise to hold fresh elections this year. Suu Kyi’s party has rejected taking part, deriding the polls as neither free nor fair, and other activists are employing more direct action, attacking teams from the military government who are conducting surveys to compile voter rolls.

“The regime is pushing for an election which the opposition has vowed to derail,” said Min Zaw Oo. “The election won’t change the political status quo; instead, it will intensify violence.”

The planned polls “are being run by a regime that overturned the popularly elected government. They are clearly being seen by the Myanmar people for what they are: a cynical effort to overwrite those previous election results that gave a landslide victory to Daw Aung San Suu Kyi and her National League for Democracy so these are not elections in any meaningful sense of the word,” Horsey said. “They have no legitimacy or credibility.”

On the diplomatic front, the military government thumbs its nose at international efforts to defuse the crisis, even those from sympathetic fellow members in the Association of Southeast Asian Nations, whose harshest response has been to not invite Myanmar’s top military leaders to attend its meetings.

Myanmar’s army government rejects virtually all efforts at peacemaking as interference in its internal affairs.

The resistance, by contrast, actively reaches out for international support. It won small, new diplomatic victories Tuesday as the United States, Australia, Britain and Canada announced new sanctions meant to squeeze the military’s revenue and supply lines. The British and Canadian sanctions are especially noteworthy, as they target the supply of aviation fuel, a move activists have been pleading for to counter the increasing number of airstrikes the pro-democracy forces and their allies in ethnic minority rebel groups have been facing in the field.

“Currently, both sides are not ready to seek a political solution,” warned Min Zaw Oo. “The military stalemate won’t shift significantly this year, despite more deaths and violence.”

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Story: Grant Peck and Jerry Harmer.

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France Doesn’t Rule Out Sending Warplanes to Ukraine

French President Emmanuel Macron, left, and Dutch Prime Minister Mark Rutte, right, pose for the media in a restaurant in The Hague, Netherlands, Monday, Jan. 30, 2023. Photo: Peter Dejong / AP Pool
French President Emmanuel Macron, left, and Dutch Prime Minister Mark Rutte, right, pose for the media in a restaurant in The Hague, Netherlands, Monday, Jan. 30, 2023. Photo: Peter Dejong / AP Pool

THE HAGUE, The Netherlands (AP) — President Emmanuel Macron said Monday that France doesn’t exclude sending fighter jets to Ukraine, but laid out multiple conditions before such a significant step might be taken.

France has sent Ukraine air-defense systems, rocket launcher units, cannons and other military equipment and has pledged to send armored surveillance and combat vehicles, but has stopped short of sending battle tanks or heavier weaponry.

Asked at a news conference in The Hague on Monday if France is considering sending warplanes, Macron said “nothing is excluded” as long as certain conditions are met.

Among those conditions: that providing such equipment would not lead to an escalation of tensions or be used “to touch Russian soil,” and that it wouldn’t “weaken the capacities of the French army,” Macron said.

He also said Ukraine would have to formally request the planes. He noted that he will meet visiting Ukrainian Defense Minister Oleksii Reznikov in Paris on Tuesday.

In Washington, asked by a reporter on Monday if his administration was considering sending Ukraine F16 fighter jets, U.S. President Joe Biden responded “no.” Biden’s deputy national security adviser, Jon Finer, said in an MSNBC interview last week that U.S. would discuss fighter jets “very carefully” with Ukraine and allies.

In the first weeks of the war, the Biden administration looked at a proposal under which Poland would supply Ukraine with the MiG-29s and in turn receive American F-16s to make up for their loss. Ukrainian pilots are trained to fly the Soviet-era fighter jets.

The idea was ultimately scuttled after Poland floated the idea of delivering the MiG-29s to a U.S. air base in Germany. Pentagon officials said at the time time that the prospect of warplanes departing from a base used by the U.S. and NATO was not tenable.

Ukrainian officials have been stepping up demands for heavier weapons from Western allies to push back Russia’s forces.

At Macron’s side, Dutch Prime Minister Mark Rutte said Ukraine hasn’t formally requested Dutch F16 fighter jets so far. He struck a cautious stance after the Dutch foreign minister told lawmakers earlier this month that there were “no taboos” about sending the warplanes.

“There is no talk about delivering F-16s to Ukraine. No requests,” Rutte said Monday. There are “no taboos, but it would be a very big next step.”

“It is very important we keep supporting Ukraine and that Ukraine articulates to us what they need,” Rutte said.

He welcomed recent German and U.S. announcements about sending tanks to Ukraine.

“As the Netherlands, we will keep looking at what we can do,” Rutte said. “We don’t have Leopard 2 tanks, we lease them. We’ve said if it helps we’re prepared to buy them and pass them on. Maybe it’s better to use those leased Leopard 2s somewhere else. … Whatever works.”

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Death Toll From Pakistan Mosque Suicide Bombing Rises to 83

Security officials and rescue workers gather at the site of suicide bombing inside a mosque, in Peshawar, Pakistan, Monday, Jan. 30, 2023. Photo: Zubair Khan / AP
Security officials and rescue workers gather at the site of suicide bombing inside a mosque, in Peshawar, Pakistan, Monday, Jan. 30, 2023. Photo: Zubair Khan / AP

PESHAWAR, Pakistan (AP) — A Pakistani hospital spokesman says the death toll from the previous day’s suicide bombing at a mosque in the northwestern city of Peshawar has risen to 83.

Mohammad Asim, the spokesman, says more bodies were retrieved from the rubble of the mosque overnight and early on Tuesday, and several of those critically injured died in hospital.

“Most of them were policemen,” Asim said of the victims.

Bilal Faizi, the chief rescue official, said rescue teams are still carefully removing the rubble at the site of the mosque — located inside a police compound in a high security zone of the city — as more people are believed trapped inside after the roof caved in from the explosion.

He said the bombing also wounded more than 150 people. It was not clear how the bomber was able to slip into the walled compound in a high-security zone with other government buildings.

Also, on Tuesday mourners were burying the bombing victims at different graveyards in Peshawar and elsewhere.

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Story: Riaz Khan.

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Thailand functional drink industry is expected to grow at a CAGR of 2% (in 2020 constant price) in the next five years.

Functional drinks are beverages with added ingredients for health benefits. It’s a large and important sector with a global market size of $104.2B in 2020. Thailand was the 11th largest market worth THB 47.8B in 2020 and 3rd largest in Southeast Asia after Philippines & Indonesia.There are two categories within functional beverages: functional hot drinks which include instant coffee, herbal tea, chocolate-based powder drinks and plant based hot drinks; and functional soft drinks which include energy drinks, sports drinks, juice and ready-to-drink coffee/tea. 

In 2020, functional drink sales in Thailand declined by 2% in retail value (THB 47.8 billion) and 4% in volume (1,925.5 million liters) due to a drop in soft drink sales, but hot drinks sales grew by 4% (THB 8.5 billion) as consumers sought healthier options. The COVID-19 pandemic impacted energy drinks and sports drinks, but favored hot drinks and immune-boosting soft drinks.

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Local players dominate the functional drink market in Thailand, controlling 78% with the top 3 (Osotspa, TC Pharmaceutical, and Carabao Tawandang) accounting for 60%. Energy and sports drinks hold 60% of the market share, with brands such as M-150, Carabao Dang, and Sponsor being popular. New products with a health-focused and immunity-boosting approach have gained popularity during the pandemic, such as C-Vitt, Ovaltine Gold 5 in 1 and Carabao Group’s Woody C+ Lock. Brands such as Minute Maid, Ovaltine, C-vitt, Nescafe, and Mansome also have a presence in the market.

The functional drink market in Thailand is expected to grow with a CAGR of 4% (a 2020 constant price CAGR of 2%)  in retail value and 1% in retail volume from 2021 to 2025, to reach THB 52.4 billion and 724,000 tons in 2025, according to Euromonitor. Due to increasing health consciousness and immune-boosting needs amid COVID-19 and a recovering economy. Key trends supporting growth include high-vitamin content products and increasing use of herbal extracts. Manufacturers plan to introduce more products with these features in the forecast period.

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Energy drinks

Thailand’s energy drink market is dominated by Osotspa, Carabao Group and TC Pharmaceutical. The top 3 brands, M-150, Carabao Dang, and Krating Daeng, account for over 90% of off-trade sales. M-150 dominates with 48.4% share, while Krating Daeng has 13.4%. Carabao Dang is popular due to strong advertising. The top 3 players compete fiercely, resulting in competitive pricing at THB 10 per unit.Energy drink market in Thailand is predicted to grow, reaching 325 million liters by 2025 with a 2% CAGR, due to resumption of infrastructure projects & post-pandemic economic recovery. Competition from subsectors with natural & healthier ingredients is expected, leading players are launching more healthy energy drinks (e.g. Osotspa’s Shark & Lipo-fine). Innovative products with natural ingredients are forecasted to become more prevalent in the next 5 years.

Sports drinks

Sports drinks are popular globally with over 12.9 million liters sold globally in 2020. Thailand is the 9th largest sports drink market and 3rd largest in Southeast Asia with 184 million liters sold in 2020.Off-trade volume sales of sports drinks declined by 5% to 184 million liters in 2020, with a 4% drop in value sales to THB 7,801 million. The COVID-19 pandemic caused a 25% decline in on-trade volume sales, with the volume dropping to 17 million liters. Lockdowns and closures of sports facilities and fitness centers, as well as a sluggish economy, have impacted sales and consumers’ motivation to buy sports drinks.TC Pharmaceutical’s “Sponsor” dominates Thailand’s sports drink market with a 73.5% share of off-trade volume sales in 2020. New, healthy and affordable products such as “Sponsor Active” and “Sponsor Go” contribute to the company’s success. Other major players include “M-Electrolyte”, “100 Plus”, “Aquarius”, “Carabao Sports”, and “Gatorade”. COVID-19 disrupted workouts and reduced consumer income, leading to a decrease in demand for sports drinks.The COVID-19 pandemic is expected to recede in the forecast period, leading to a rise in off-trade sales of sports drinks to reach 195 million liters by 2025 with a CAGR of 1%. TC Pharmaceutical remains dominant, but new entrants will need strong products and precise positioning to succeed in a competitive market. The health and wellness trend will continue to influence the functional drink market, with a focus on natural ingredients.

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