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March 20th Qingqiao Morning Post | Philippine police dismantle fraud gangs and rescue 432 Chinese people
Release time:2024-03-20 Source: Qingqiao Number of views:


good morning

On a late day, the mountains and rivers are beautiful, and the spring breeze is fragrant with flowers and plants
Today in history:25 years ago today, humans first traveled around the Earth in a hot air balloon. At present, there are about 20000 hot air balloons worldwide, and in developed countries such as Europe and America, hot air balloons have become a popular sport, with almost daily hot air balloon competitions or activities. Today is still the traditional Chinese lunar term vernal equinox, which marks the halfway point of spring and is also a good day for people to go out for outings and enjoy the scenery.
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politics
01The working age population in Southeast Asia will decrease from 2024 onwards

According to data from the United Nations, Thailand and Vietnam have reached their peak working age population ratios in 2013 and 2014, while Indonesia, which has the largest population in Southeast Asia, is expected to reach its peak in 2030, thus ending the demographic dividend that drives economic growth. Overall, in 2019, the proportion of people aged 65 and above in Southeast Asia has exceeded 7%, reaching the threshold of an aging society. It is expected that by 2043, this ratio will reach 14%, pushing Southeast Asia towards an "elderly society.".


But many Southeast Asian countries are not adequately prepared for the aging population,The coverage of public pension is low and there is a lack of comprehensive elderly care plans. According to relevant media, currently only a quarter of the working age population in Southeast Asia can receive national pensions, far lower than the OECD's87% average level. Moreover, Southeast Asian countries are making slow progress in providing good care insurance and other plans for the elderly, and the economic burden on governments and households may sharply increase in the future.


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military affairs
01Two Indonesian engineers are being investigated by South Korea for information on stolen fighter jets

Seoul Comprehensive News,On March 17th, the South Korean police stated that,The data on the fighter jet project jointly developed by South Korea and Indonesia is suspected to have been stolen. Two Indonesian engineers have been banned from leaving South Korea to assist in the investigation. South Korean police personnel have also gone to the industrial headquarters to search for evidence.


It is understood that,Korea andIndonesiaIn 2015, the KF-21 fighter jet project was launched to develop a new generation of advanced fighter jets. The cost of the KF-21 fighter jet is cheaper than that of the US F-35 fighter jet. Although its stealth function is not as advanced as the F-35 fighter jet, it still has advanced avionics technology. The KF-21 fighter jet completed its maiden flight in July 2022 and will begin production as planned this year. It will be put into service in 2026. The project is expected to cost 8800 billion Korean won.According to the agreement, the South Korean Defense Acquisition Program Administration is responsible for the project60% of the funding is shared by the South Korean aerospace industry and the Indonesian government, each sharing 20%. However, since 2017, the Indonesian government has notBeing able to make payments on time.


The South Korean authorities pointed out that two Indonesian engineers who were dispatched to the South Korean aerospace industry to participate in fighter jet manufacturing were found in January of this year attempting to take away the hard drive containing confidential information about the fighter jet. The hard drive contains a total of 4000 to 6600 documents, as well as a 3D model program that is one of the core technologies of the KF-21 fighter jet. The authorities do not rule out the possibility of these two engineers intentionally and systematically stealing data.

02The Indian Navy retrieves a merchant ship hijacked by pirates and rescues 17 hostages

New Delhi News,On March 16th, the Indian Navy issued a statement on social media platforms announcing that,The Indian warship KolkatatoMarch 15thApproximately off the coast of IndiaAt a distance of 2600 kilometers, intercept the bulk carrier Ruan, which was hijacked by pirates.The Kolkata, along with other Indian warships, American made long-range reconnaissance aircraft, and members of the Marine Corps assault team landing in American made special aircraft, surrounded the ship andMarch 16thForcing all on board the ship35 Pirates Surrender,Safely rescue while avoiding personal injuryWe have 17 crew members.


It is understood that,The HMS Rune flies the flag of Malta, last yearOn December 14th, while sailing approximately 380 nautical miles east of Socotra Island in Yemen,meetTo attack.This is fromSince 2017, another cargo ship has been hijacked by Somali pirates. The Somali pirate attacks reached their peak in 2011 and have since significantly decreased under the attack of multiple navies. However, recently there has been a surge in armed attacks at sea near the Horn of Africa.Many military analysts speculate that this is related to recentAttacks in the Arabian Sea and Red Sea have surgedRegarding. The Red Sea CrisisEncourage the Indian military to increase its efforts to combat piracy. At least currently, there areTwelve Indian warships are patrolling the Arabian Sea, marking India's largest deployment in this area during peacetime.


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economic

01EU signs a new aid agreement with Egypt

Reuters News,On March 17th, the European Union announced that its relationship with Egypt has been upgraded to a "strategic partnership" and will provide assistance of 7.4 billion euros to Egypt, aiming to promote cooperation in renewable energy, trade, and security. It will also provide grants, loans, and other funds over the next three years to support Egypt's economic development. A senior official from the European Commission said that this funding is expected to include 5 billion euros in macroeconomic assistance, 1.8 billion euros in investment, and 600 million euros in grants. Macro financial assistance of 1 billion euros will be provided this year, with the remaining 4 billion euros awaiting approval from the European Parliament.


It is understood that Egypt's recent inflation is approaching historical highs, and many Egyptians are struggling. The newly signed investment agreement and loan plan have eased the financial pressure faced by the government.


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security

01An Afghan bus collides with a tanker truck, resulting in 21 deaths

According to Agence France Presse, on March 17th, Mohammad, spokesperson for the Governor of Helmand Province in Afghanistan, stated that in the early hours of the same day, a collision occurred between a passenger car, a tanker truck, and an electric bike, resulting in 21 deaths and 38 injuries. According to reports, this tragic car accident occurred on a major road connecting Kabul and Herat City in the province. The collision caused the vehicle to catch fire. According to pictures released by the information department of Helmand Province in social media, there was burnt and distorted metal at the scene of the accident, and the oil tank truck carriage was flattened.


It is reported that Afghanistan's deadlyAccidents occur frequently, partly due to poor road conditions, dangerous driving on highways, and lack of supervision. The last serious accident occurred duringIn December 2022, a tanker truck overturned and caught fire at the high-altitude Sarang Pass in Afghanistan, resulting in 31 deaths and dozens of burns.

02Philippine police disrupt fraud gangs and rescue 432 Chinese people

Manila news,On March 14th, the Philippine police issued a statement stating that they had successfully crushed an online fraud gang in Manila, rescued hundreds of victims of forced work, including 432 Chinese, 371 Filipinos, 57 Vietnamese, and arrested 8 suspects. According to the police statement, this gang disguised themselves as an online gaming company and engaged in online fraud activities in a 10 hectare complex of 36 office buildings and dormitories in Banban Town, North of Manila Province. Earlier, a Vietnamese and a Malaysian escaped from the online fraud center and sought help from the police, allowing them to launch a surprise operation based on clues to dismantle the criminal gang.


The executive director of the police crime task force leading the operation, Cruz, said that the rescued employees told us that the company is engaged in love fraud, cryptocurrency fraud, and other fraudulent activities. The victim's passport has been confiscated, making it impossible to escape. becauseVictims of substandard business practicesWill face various punishments, including violent treatment, prohibition of sleep, or being locked in a room. In recent years, the Philippines has made significant achievements in combating fraud. Last year, the country's police detained nearly 3300 people during two large-scale raids on fraudulent websites in Manila.


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culture
01The Japanese government supports the transformation of bookstores

According to Lianhe Zaobao, recently, Japan set up a "Bookstore Revitalization Group" to support the transformation of bookstores. According to data released by the Japan Publishing and Cultural Industry Revitalization Foundation, the total number of bookstores in Japan has decreased from 15602 in 2013 to 11495 in 2022. Statistics also show that about a quarter of cities in Japan do not have bookstores. This is not only a crisis in the book industry, but also a crisis in the cultural industry.


Japan's Minister of Industry, Kenji Saito, announcedWhen the "Bookstore Revitalization Business Group" was launched, it was said that bookstores are an important base for improving Japanese national knowledge and spreading local culture. When the store launched the revitalization plan for the bookstore, the purpose was also to combine Japanese literary works with film and music businesses, and add value to Japanese culture. In terms of business, the authorities are also considering supporting unique bookstore initiatives, such as integrating bookstores with library activities and caf é galleries, and assisting physical bookstores in their transformation through multi-party operational policies.







Financial Newsletter
Global financial news: Last week, spot gold closed down 1.07%, marking the first weekly decline in spot gold since mid February.


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