EMERGING MARKETS-Thailand gains after govt adds tax deduction to stimulus push

By Shruti Sonal

Oct 8 (Reuters)Thai stocks climbed nearly 1% on Thursday as the government took measures to boost consumption in its coronavirus-battered economy, leading gains across a handful of Asia’s big emerging markets.

With markets globally eyeing a tumultuous U.S. election campaign and roadblocks in passing stimulus in the world’s biggest economy, currencies across the region were subdued, with the Taiwan dollar again the main standout, rising almost 1%.

Thailand’s benchmark index .SETI hit its highest in over two weeks after officials added a tax deduction on purchases of goods and services to cash handouts and subsidies announced last month.

Deputy Prime Minister Supattanapong Punmeechaow said altogether the measures would push about 200 billion baht ($6.4 billion) into the economy in the last three months of this year.

The tourist-heavy economy has started receiving its first visitors this week after months of travel curbs and its

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Fed Govt launches new science, technology policy

Frank Ikpefan, Abuja

 

 

THE Federal Government  has launched a National Policy to reposition technical and vocational education.

The government said science and technology education would drive national growth and development.

Education Minister Malam Adamu Adamu noted that the absence of a roadmap for science and technical education had slowed the country’s pace in technological development.

Adamu, who was represented by his Minister of State for Education, Emeka Nwajiuba, said prior to Nigeria’s independence when science education was incorporated into the education curricula, the country was without a national policy to, specifically, direct and propel science and technical education.

“It is heartwarming that this anomaly is being addressed with the approval granted by the National Council on Education (NCE) for a national policy on Science, and Technology Education (S&TE), which is in our hands.

“This development is not only significant, but also a landmark achievement by the Federal Government . It

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Three dead after fire at Huawei facility in southern China: local govt

By Brenda Goh

SHANGHAI (Reuters) – Three people have been found dead after a fire at a facility belonging to Chinese tech giant Huawei Technologies in the southern city of Dongguan on Friday, local authorities said.

The building, which was close to a Huawei research lab, was a steel structure that was under construction and was not being used when the incident happened, said the management committee of Dongguan’s Songshan Lake area, where it is located.

The fire was put out by firefighters on Friday afternoon, it added. Dongguan city fire rescue department earlier in the day said the main material burning was sound-absorbing cotton.

The Dongguan city fire rescue department later said that three people were found dead in the building who were from the facility’s property management company and that an investigation was under way. Local authorities had previously said that there were no casualties.

State media had

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Bihar govt notifies appointment of BSHEC vice chairman and three VCs as members





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Barely a few hours before the announcement of the assembly election, Bihar filled the key position for higher education. The government notified the appointment of Prof Kameshwar Jha for the second term at the Bihar State higher education council (BSHEC) late Thursday evening. It had already been cleared by the Governor earlier.

Besides, it also notified three vice-chancellors as members. They are Central University of South Bihar (CUSB) VC HSC Rathore, Patna University VC Girish Kumar Choudhary, and Munger University VC RK Verma.

The position of SHEC Vice-chairman had remained vacant for over one and a half years since the term of Jha, the first vice-chairman of the SHEC, had ended on March 28, 2019. The education minister happens to be the ex-officio chairman of the apex higher education body in the state.

BSHEC is a mandatory requirement under the Rashtriya Uchchatara Shiksha Abhiyan (RUSA)

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Govt committed to promote science and technology for progress in country: PM

Prime Minister Imran Khan says the government is committed to promote science and technology for progress in the country.

He was addressing the inaugural ceremony of Pak-Austria Fachhochschule Institute of Applied Sciences and Technology in Haripur today (Thursday).

The institute will offer courses in artificial intelligence, engineering, food technology and various other disciplines.

The Prime Minister said we are moving in the right direction with a focus on education, science, technology and knowledge economy.

He expressed the confidence that the institute will prove to be a major step in promotion of science and technology in the country.

Imran Khan said the government is going to collaborate with five Chinese and three Austrian universities for technological advancement in Pakistan.

He said in the second phase of CPEC, special economic zones will be established and industry will be relocated in Pakistan.

Earlier, Prime Minister Imran Khan inaugurated Pak-Austria Fachhochschule Institute of Applied

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