Kamis, 26 November 2020

Drone video shows Jakarta's expanded COVID-19 cemetery - Yahoo Singapore News

South China Morning Post

EU will not be snubbed by Beijing, Chinese ambassador assures Germany

China’s top diplomat to Germany has dismissed concerns that Beijing will rely less on the European Union as a result of focusing more on its internal market after signs of rapprochement between the EU and US since the American electionAn assurance on Tuesday from Beijing’s ambassador Wu Ken that the bloc will still be a key partner of China – along with a telephone call between the nations’ leaders Angela Merkel and Xi Jinping – came as China and Germany face difficult bilateral challenges, including completing a major EU investment deal and facing falling public opinion of China in Germany.Addressing German and Chinese business leaders and politicians during the Belt and Road Economic Dialogue, held online on Tuesday, Wu sought to explain Beijing’s economic strategy after concerns that it would lead to China turning inward and relying less on imports.Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China.“Germany and Europe will gain more momentum from China’s new ‘dual circulation’ development pattern,” Wu said, referencing a phrase used in Chinese policy circles since September.Dual circulation, or developing “internal circulation” and “external circulation” in tandem, has been billed as a means to boost China’s internal market growth.Wu said the policy would not mean decoupling from the global economy.“The internal circulation is not to be developed behind closed doors, but to further revitalise and release China’s market potential, promote a higher level of opening up, and make better use of both domestic and international markets,” he said. “China will continue to expand and open up. This is China’s basic national policy.”Following the US election, EU leaders are looking to US president-elect Joe Biden to work with Europe to counter Beijing, with Germany and France calling for unity in opposing countries such as China, Russia and Iran.In a rare joint opinion piece, French Foreign Minister Jean-Yves Le Drian and his German counterpart Heiko Maas outlined their call in The Washington Post in mid-November, saying the US and the EU should “consult each other” to coordinate their approach to China on human rights, digital infrastructure and fair trade.China has been one of the largest buyers of goods from the export-dependent German economy. Last year, China was Germany’s third-largest export market, and second-largest source of imports, according to official Chinese statistics.Wu added that China and the EU were both increasing the pace of negotiations for a long-awaited bilateral investment treaty, scheduled to be completed before the end of the year.The pressure is on for both sides to produce concrete results with the political leadership about to change in both the US and Europe, according to Ding Chun, an expert in China-Germany relations at Fudan University in Shanghai.“There’s a very short window,” he said. “Merkel will probably be leaving soon, and Germany is drawing near to the end of its rotating term in the EU presidency. There’s enormous pressure for both sides to make good on their promise to complete the investment agreement.”Thomas Gnocchi, head of the EU’s office in Hong Kong and Macau, said both the EU and China maintained their objective of concluding negotiations by the end of the year. China must deliver on opening up promises ahead of ‘last chance’ EU summit“These ongoing negotiations, we believe it’s very important to finalise them,” Gnocchi said at an event at Hong Kong’s Baptist University on Wednesday.The deal was mentioned in Tuesday’s phone call between Xi and Merkel, according to a brief statement from Germany’s foreign ministry. Along with progress on the deal, the two also discussed vaccine development and joint efforts to combat climate change, the statement said.There are unfavourable opinions of China in Germany, according to new polling data in a study of 13 nations released last week by Sinophone Borderlands, a research organisation in the Czech Republic. It found that more than 60 per cent of Germans viewed China either negatively or very negatively.More detailed data from the German polling in the report was released this week, and showed that close to half of Germans felt their perception of China had got worse over the past three years.Additional reporting by Kristin HuangMore from South China Morning Post: * China reminds EU to chart its own course as European leaders reach out to Biden * China must strike a balance between opening up and protecting its markets, EU diplomat saysThis article EU will not be snubbed by Beijing, Chinese ambassador assures Germany first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app. Copyright 2020.

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2020-11-26 11:34:00Z
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Malaysia's parliament passes 2021 budget - CNA

KUALA LUMPUR: Malaysia’s speaker of parliament declared the 2021 budget passed on Thursday (Nov 26). 

The Supply Bill was passed with a voice vote, based on lawmakers verbally indicating whether they support the budget or not. No bloc voting was held. 

With the budget now approved at the policy stage, debate at the committee stage will take place from next week onwards until Dec 15. 

During the committee stage, the budget for each ministry would be scrutinised in detail.

The vote on the Supply Bill has been largely seen as a confidence vote in Prime Minister Muhyiddin Yassin’s government, which took over from the previous Pakatan Harapan in an abrupt political shift in March this year.

Mr Muhyiddin's Perikatan Nasional (PN) coalition holds a very slim majority over the opposition. 

The parliament has 222 seats but there are currently 220 MPs following the deaths of opposition MP Liew Vui Keong and Barisan Nasional (BN) MP Hasbullah Osman. 

READ: While heeding calls for bipartisan effort towards budget 2021, Malaysia’s opposition says no blanket support for PN

The RM322.5 billion (US$79 billion) budget, the largest budget ever tabled in Malaysia, was presented in the parliament on Nov 6 as the country was reeling from the economic impact of COVID-19. 

It was also the first Malaysian budget in which opposition members were consulted by the government in the run-up to the budget presentation. The Malaysian king has urged politicians from both sides of the political divide to support the budget for the sake of the people’s well-being and the country’s economic recovery.

KING THANKS LAWMAKERS FOR BACKING BUDGET

In a statement, King Al-Sutan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah  thanked all lawmakers who supported the budget.

The statement, issued by palace comptroller Ahmad Fadil Shamsuddin, said the support for passing the budget was welcomed by the king, to ensure the welfare and continuity of citizens’ lives, as well as the country’s economic recovery which has been affected by the spread of the COVID-19 pandemic.

The budget’s approval, the king added, was important to the government and authorities, especially those at the frontline, to continue and carry out policies and efforts to contain and defeat the pandemic’s spread. 

“As Head of State, Al-Sultan Abdullah greatly respects every registered political party in this country. The king also appreciates the role and trust held by the MPs in defending the people’s welfare.

"In connection with that, the King greatly appreciates the commitment and spirit of consensus and linked arms of every member, as it is very important to maintain the momentum of economic recovery for shared well-being," the statement added. ​​​​​​​

FILE PHOTO: Malaysia's King, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, inspects
FILE PHOTO: Malaysia's King, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, inspects an honour guard during the 62nd Merdeka Day (Independence Day) celebrations in Putrajaya, Malaysia, August 31, 2019. REUTERS/Lim Huey Teng/File Photo

The budget has seen an intense debate at the policy stage over different allocations including a proposed RM85.5 million (US$20.7 million) allocation for the government’s "propaganda arm", the Special Affairs Department (JASA).

Politicians in both the Pakatan Harapan (PH) opposition and BN, an ostensible ally in the PN coalition, have also called for certain provisions to be included in the budget.

From PH, politicians have demanded for six points to be included in the budget. One of them was extending the loan moratorium, which was implemented from April till September this year, until the end of the first quarter next year. 

BN politicians, including former prime minister Najib Razak have also called for the moratorium, which is now implemented in a targeted manner, to be extended until the end of June 2021.

READ: BN's support for budget 2021 hinges on retirement fund withdrawal, loan moratorium extension, says Najib 

The coalition's backbenchers club also called for Employees Provident Fund (EPF) account holders to be allowed to withdraw up to RM10,000 from their Account 1, which normally imposes strict conditions for early withdrawal. 

Ahead of the voting, BN ministers and deputy ministers in Mr Muhyiddin’s Cabinet issued a joint statement on Tuesday proclaiming their support for Mr Muhyiddin, but also called for a general election to be held once the public health situation was under control. 

PN Backbenchers Club also expressed its support to approve the budget. 

On the other hand, former prime minister Mahathir Mohamad said he and "his friends" have decided to reject the budget. 

RULES FOR PENSION FUND WITHDRAWAL RELAXED

In wrapping up the debate just before the vote on Thursday, Finance Minister Tengku Zafrul Tengku Abdul Aziz announced that the pension fund withdrawal programme is now open to all members whose income has been affected by the pandemic. 

Malaysia budget (2)
This handout photo from Malaysia's Department of Information taken and released on November 6, 2020 shows Malaysia’s Prime Minister Muhyiddin Yassin (left) and Finance Minister Tengku Zafrul Tengku Abdul Aziz (right) posing for pictures with the national 2021 budget after unveiling at the parliament in Kuala Lumpur. (Photo: Malaysia Department of Information/AFP/Nazri Rapaai) 

The withdrawal limit has been raised to RM10,000 from the Account 1 of the EPF, he said, in a move that will benefit 8 million EPF members. Previously, the withdrawal limit was RM9,000 for those with an account balance below RM90,000. 

The finance minister also announced that he has prepared a motion to reduce allocation for JASA, which the government announced earlier would be rebranded to Department of Community Communications (J-KOM). 

It would be announced later during the committee stage debate, he added. 

In a statement issued after the budget was passed, Mr Muhyiddin said the refinements were made after taking into consideration viewpoints from various parties, including MPs who participated in the debate. 

"I wish to stress that the PN government is a government that has an open attitude in receiving any viewpoints, reprimands and criticism.

"May budget 2021 be the catalyst for the efforts in improving the people’s lives and the country," he said. 

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2020-11-26 11:15:00Z
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Malaysia's parliament passes 2021 budget - CNA

KUALA LUMPUR: Malaysia’s speaker of parliament declared the 2021 budget passed on Thursday (Nov 26). 

The Supply Bill was passed with a voice vote, based on lawmakers verbally indicating whether they support the budget or not. No bloc voting was held. 

With the budget now approved at the policy stage, debate at the committee stage will take place from next week onwards until Dec 15. 

During the committee stage, the budget for each ministry would be scrutinised in detail.

The vote on the Supply Bill has been largely seen as a confidence vote in Prime Minister Muhyiddin Yassin’s government, which took over from the previous Pakatan Harapan in an abrupt political shift in March this year.

Mr Muhyiddin's Perikatan Nasional (PN) coalition holds a very slim majority over the opposition. 

The parliament has 222 seats but there are currently 220 MPs following the deaths of opposition MP Liew Vui Keong and Barisan Nasional (BN) MP Hasbullah Osman. 

READ: While heeding calls for bipartisan effort towards budget 2021, Malaysia’s opposition says no blanket support for PN

The RM322.5 billion (US$79 billion) budget, the largest budget ever tabled in Malaysia, was presented in the parliament on Nov 6 as the country was reeling from the economic impact of COVID-19. 

It was also the first Malaysian budget in which opposition members were consulted by the government in the run-up to the budget presentation. The Malaysian king has urged politicians from both sides of the political divide to support the budget for the sake of the people’s well-being and the country’s economic recovery.

KING THANKS LAWMAKERS FOR BACKING BUDGET

In a statement, King Al-Sutan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah  thanked all lawmakers who supported the budget.

The statement, issued by palace comptroller Ahmad Fadil Shamsuddin, said the support for passing the budget was welcomed by the king, to ensure the welfare and continuity of citizens’ lives, as well as the country’s economic recovery which has been affected by the spread of the COVID-19 pandemic.

The budget’s approval, the king added, was important to the government and authorities, especially those at the frontline, to continue and carry out policies and efforts to contain and defeat the pandemic’s spread. 

“As Head of State, Al-Sultan Abdullah greatly respects every registered political party in this country. The king also appreciates the role and trust held by the MPs in defending the people’s welfare.

"In connection with that, the King greatly appreciates the commitment and spirit of consensus and linked arms of every member, as it is very important to maintain the momentum of economic recovery for shared well-being," the statement added. ​​​​​​​

FILE PHOTO: Malaysia's King, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, inspects
FILE PHOTO: Malaysia's King, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, inspects an honour guard during the 62nd Merdeka Day (Independence Day) celebrations in Putrajaya, Malaysia, August 31, 2019. REUTERS/Lim Huey Teng/File Photo

The budget has seen an intense debate at the policy stage over different allocations including a proposed RM85.5 million (US$20.7 million) allocation for the government’s "propaganda arm", the Special Affairs Department (JASA).

Politicians in both the Pakatan Harapan (PH) opposition and BN, an ostensible ally in the PN coalition, have also called for certain provisions to be included in the budget.

From PH, politicians have demanded for six points to be included in the budget. One of them was extending the loan moratorium, which was implemented from April till September this year, until the end of the first quarter next year. 

BN politicians, including former prime minister Najib Razak have also called for the moratorium, which is now implemented in a targeted manner, to be extended until the end of June 2021.

READ: BN's support for budget 2021 hinges on retirement fund withdrawal, loan moratorium extension, says Najib 

The coalition's backbenchers club also called for Employees Provident Fund (EPF) account holders to be allowed to withdraw up to RM10,000 from their Account 1, which normally imposes strict conditions for early withdrawal. 

Ahead of the voting, BN ministers and deputy ministers in Mr Muhyiddin’s Cabinet issued a joint statement on Tuesday proclaiming their support for Mr Muhyiddin, but also called for a general election to be held once the public health situation was under control. 

PN Backbenchers Club also expressed its support to approve the budget. 

On the other hand, former prime minister Mahathir Mohamad said he and "his friends" have decided to reject the budget. 

RULES FOR PENSION FUND WITHDRAWAL RELAXED

In wrapping up the debate just before the vote on Thursday, Finance Minister Tengku Zafrul Tengku Abdul Aziz announced that the pension fund withdrawal programme is now open to all members whose income has been affected by the pandemic. 

Malaysia budget (2)
This handout photo from Malaysia's Department of Information taken and released on November 6, 2020 shows Malaysia’s Prime Minister Muhyiddin Yassin (left) and Finance Minister Tengku Zafrul Tengku Abdul Aziz (right) posing for pictures with the national 2021 budget after unveiling at the parliament in Kuala Lumpur. (Photo: Malaysia Department of Information/AFP/Nazri Rapaai) 

The withdrawal limit has been raised to RM10,000 from the Account 1 of the EPF, he said, in a move that will benefit 8 million EPF members. Previously, the withdrawal limit was RM9,000 for those with an account balance below RM90,000. 

The finance minister also announced that he has prepared a motion to reduce allocation for JASA, which the government announced earlier would be rebranded to Department of Community Communications (J-KOM). 

It would be announced later during the committee stage debate, he added. 

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2020-11-26 09:45:00Z
52781208216973

Malaysia's parliament passes 2021 budget - CNA

KUALA LUMPUR: Malaysia’s speaker of parliament declared the 2021 budget passed on Thursday (Nov 26). 

The Supply Bill was passed with a voice vote, based on lawmakers verbally indicating whether they support the budget or not. No bloc voting was held. 

With the budget now approved at the policy stage, debate at the committee stage will take place from next week onwards until Dec 15. 

During the committee stage, budget for each ministry would be scrutinised in detail.

The vote on the Supply Bill has been largely seen as a confidence vote in Prime Minister Muhyiddin Yassin’s government, which took over from the previous Pakatan Harapan in an abrupt political shift in February and March this year.

Mr Muhyiddin's Perikatan Nasional (PN) coalition holds a very slim majority over the opposition. 

The parliament has 222 seats but there are currently 220 MPs following the deaths of opposition MP Liew Vui Keong and Barisan Nasional (BN) MP Hasbullah Osman. 

READ: While heeding calls for bipartisan effort towards budget 2021, Malaysia’s opposition says no blanket support for PN

The RM322.5 billion (US$79 billion) budget, the largest budget ever tabled in Malaysia, was presented in the parliament on Nov 6 as the country was reeling from the economic impact of COVID-19. 

It was also the first Malaysian budget in which opposition members were consulted by the government in the run-up to the budget presentation. The Malaysian king has urged politicians from both sides of the political divide to support the budget for the sake of the people’s well-being and the country’s economic recovery.

The budget has seen an intense debate at the policy stage over different allocations including a proposed RM85.5 million (US$20.7 million) allocation for the government’s "propaganda arm", the Special Affairs Department (JASA).

Politicians in both the Pakatan Harapan (PH) opposition and BN, an ostensible ally in the PN coalition, have also called for certain provisions to be included in the budget.

Malaysia budget (2)
This handout photo from Malaysia's Department of Information taken and released on November 6, 2020 shows Malaysia’s Prime Minister Muhyiddin Yassin (left) and Finance Minister Tengku Zafrul Tengku Abdul Aziz (right) posing for pictures with the national 2021 budget after unveiling at the parliament in Kuala Lumpur. (Photo: Malaysia Department of Information/AFP/Nazri Rapaai) 

From PH, politicians have demanded for six points to be included in the budget. One of them was extending the loan moratorium, which was implemented from April till September this year, until the end of the first quarter next year. 

BN politicians, including former prime minister Najib Razak have also called for the moratorium, which is now implemented in a targeted manner, to be extended until the end of June 2021.

READ: BN's support for budget 2021 hinges on retirement fund withdrawal, loan moratorium extension, says Najib 

The coalition's backbenchers club also called for Employees Provident Fund (EPF) account holders to be allowed to withdraw up to RM10,000 from their Account 1, which normally imposes strict conditions for early withdrawal. 

Ahead of the voting, BN ministers and deputy ministers in Mr Muhyiddin’s Cabinet issued a joint statement on Tuesday proclaiming their support for Mr Muhyiddin, but also called for a general election to be held once the public health situation was under control. 

PN Backbenchers Club also expressed its support to approve the budget. 

On the other hand, former prime minister Mahathir Mohamad said he and "his friends" have decided to reject the budget. 

Veteran BN lawmaker Tengku Razaleigh Hamzah has chosen to abstain from budget debate as long as the legitimacy of Mr Muhyiddin and his Cabinet is not tested.

RULES FOR PENSION FUND WITHDRAWAL RELAXED

In wrapping up the debate just before the vote on Thursday, Finance Minister Tengku Zafrul Tengku Abdul Aziz announced that the pension fund withdrawal programme is now open to all members whose income has been affected by the pandemic. 

The withdrawal limit has been raised to RM10,000 from the Account 1 of the EPF, he said, in a move that will benefit 8 million EPF members. Previously, the withdrawal limit was RM9,000 for those with an account balance below RM90,000. 

The finance minister also announced that he has prepared a motion to reduce allocation for JASA, which the government announced earlier would be rebranded to Department of Community Communications (J-KOM). 

It would be announced later during the committee stage debate, he added. 

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2020-11-26 08:08:12Z
52781208216973

Rabu, 25 November 2020

Thai protesters call on king to give up royal fortune - CNA

BANGKOK:  Thousands of Thai protesters on Wednesday (Nov 25) called on King Maha Vajiralongkorn to give up control of a royal fortune valued in the tens of billions of dollars, in the latest in months of demonstrations focused squarely on the monarchy.

The protesters have broken a longstanding taboo by criticising the king and police summoned many of the best-known protest leaders on Tuesday on charges of insulting the monarchy, which can mean up to 15 years in prison.

"This law is ancient and barbaric. Every time it is used it damages the monarchy and the nation," said Parit "Penguin" Chiwarak, who is among those facing charges. He dressed in a yellow duck suit - echoing the giant rubber ducks that have become emblems of the protest.

The demonstration had originally been scheduled at the Crown Property Bureau, which manages the royal assets.

But after police built siege barricades of shipping containers and razor wire, the venue was moved to the headquarters of the Siam Commercial Bank in which the king's stake of more than 23 per cent makes him the biggest shareholder.

Police put the number of protesters at 8,000.

"The SCB shares should not belong to the king but the finance ministry, so the dividend can be used to develop the country," said Boss, 28, a protester who declined to give his full name.

"The people demand back national assets from the king," read one protest banner.

Shares in the bank rose more than 2 per cent on Wednesday, more than twice as much as the broader market.

The palace has made no comment since the protests began, but when the king was asked about the protesters recently he said they were "loved all the same".

READ: Thai protest leaders summoned over royal defamation

READ: Thai police to charge protest leaders with royal insult

Some of the king's critics quoted those words sarcastically after the summonses on charges of insulting the monarchy, which Prime Minister Prayut Chan-o-cha had said in June were not being used at the request of the king.

International human rights groups also condemned the use of the charges. Police sources said 15 protest leaders faced the charges, which they must acknowledge by the end of the month.

Responding to the criticism, government spokeswoman Rachada Dhnadirek said: "The government has been open-minded to rights and freedoms despite many imprudent expressions which offend the majority. The government must use its authorised powers."

Since July, protesters have been calling for the removal of Prayut, a former military leader. He rejects accusations that he engineered last year's election to keep hold of power he seized in a 2014 coup.

The protesters seek to make the king more accountable under the constitution as well as the reversal of changes which gave him personal control of some army units and the crown assets estimated to be worth more than US$30 billion. 

Wearing yellow shirts, in the king's colour, hundreds of well-wishers gathered to greet him ahead of an event in Bangkok.

"We're here to protect the king. The king is the key to the unity of the people," said Santi Yanothai, 67.

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2020-11-25 13:51:51Z
52781204420420

Trump pardons Michael Flynn, who lied to FBI over Russia - CNA

WASHINGTON: President Donald Trump announced on Wednesday (Nov 25) he had pardoned Michael Flynn, the former security adviser whose lies about his Russian contacts spurred the troubling investigation into Trump campaign collusion with Moscow.

The pardon, which was expected, came in the final weeks of Trump's presidency, two years of which was spent fighting the allegations that he had overseen and sought to cover up a dangerous scheme of cooperation with Russia.

Flynn had pleaded guilty in 2017 to lying to the FBI in the early days of that investigation, and was forced to resign as Trump's national security adviser in February 2017, less than four weeks into the administration.

But after pleading guilty, twice, to a Washington federal court, the former Pentagon intelligence chief did an about-face, seeking to withdraw his plea just prior to sentencing.

"It is my Great Honor to announce that General Michael T Flynn has been granted a Full Pardon," Trump tweeted, wishing the retired army lieutenant general a "truly fantastic Thanksgiving!" holiday.

Flynn was initially targeted in an FBI counterintelligence investigation after he held secret phone calls with the Russian ambassador to the United States in December 2016, after Trump's election victory but before he took office.

DEMOCRATS OUTRAGED

In one key phone call Flynn sought to diminish the impact of sanctions and expulsions announced by then-president Barack Obama against Moscow for its interference in the 2016 election.

Coupled with Flynn having taken significant sums of money over the previous two years for appearances with Russian companies - including one in which he sat next to Russian President Vladimir Putin at a Moscow gala - US investigators were concerned that Trump's top national security aide may be vulnerable to compromise.

Trump's efforts to defend and protect Flynn in the early months of 2017 led to the naming of an independent counsel, Robert Mueller, whose investigation into both collusion and obstruction of justice clouded the first half of Trump's tenure in office.

But Trump always defended Flynn, calling the case against him a politicised "witch hunt".

Democrats expressed outrage at Flynn's pardon, which came as the judge in charge of his case refused Justice Department efforts to drop it.

"Trump has once again abused the pardon power to reward Michael Flynn, who chose loyalty to Trump over loyalty to his country," said Adam Schiff, chairman of the House Intelligence Committee which also investigated Russian collusion.

"Flynn lied to the FBI about his communications with the Russians - efforts which undermined US foreign policy after sanctions were imposed on Russia for interfering in our elections," he said.

"A pardon by Trump does not erase that truth, no matter how Trump and his allies try to suggest otherwise."

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2020-11-25 22:33:42Z
52781206201620

Thai protesters call on king to give up royal fortune - CNA

BANGKOK:  Thousands of Thai protesters on Wednesday (Nov 25) called on King Maha Vajiralongkorn to give up control of a royal fortune valued in the tens of billions of dollars, in the latest in months of demonstrations focused squarely on the monarchy.

The protesters have broken a longstanding taboo by criticising the king and police summoned many of the best-known protest leaders on Tuesday on charges of insulting the monarchy, which can mean up to 15 years in prison.

"This law is ancient and barbaric. Every time it is used it damages the monarchy and the nation," said Parit "Penguin" Chiwarak, who is among those facing charges. He dressed in a yellow duck suit - echoing the giant rubber ducks that have become emblems of the protest.

The demonstration had originally been scheduled at the Crown Property Bureau, which manages the royal assets.

But after police built siege barricades of shipping containers and razor wire, the venue was moved to the headquarters of the Siam Commercial Bank in which the king's stake of more than 23 per cent makes him the biggest shareholder.

Police put the number of protesters at 8,000.

"The SCB shares should not belong to the king but the finance ministry, so the dividend can be used to develop the country," said Boss, 28, a protester who declined to give his full name.

"The people demand back national assets from the king," read one protest banner.

Shares in the bank rose more than 2 per cent on Wednesday, more than twice as much as the broader market.

The palace has made no comment since the protests began, but when the king was asked about the protesters recently he said they were "loved all the same".

READ: Thai protest leaders summoned over royal defamation

READ: Thai police to charge protest leaders with royal insult

Some of the king's critics quoted those words sarcastically after the summonses on charges of insulting the monarchy, which Prime Minister Prayut Chan-o-cha had said in June were not being used at the request of the king.

International human rights groups also condemned the use of the charges. Police sources said 15 protest leaders faced the charges, which they must acknowledge by the end of the month.

Responding to the criticism, government spokeswoman Rachada Dhnadirek said: "The government has been open-minded to rights and freedoms despite many imprudent expressions which offend the majority. The government must use its authorised powers."

Since July, protesters have been calling for the removal of Prayut, a former military leader. He rejects accusations that he engineered last year's election to keep hold of power he seized in a 2014 coup.

The protesters seek to make the king more accountable under the constitution as well as the reversal of changes which gave him personal control of some army units and the crown assets estimated to be worth more than US$30 billion. 

Wearing yellow shirts, in the king's colour, hundreds of well-wishers gathered to greet him ahead of an event in Bangkok.

"We're here to protect the king. The king is the key to the unity of the people," said Santi Yanothai, 67.

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https://news.google.com/__i/rss/rd/articles/CBMiaGh0dHBzOi8vd3d3LmNoYW5uZWxuZXdzYXNpYS5jb20vbmV3cy9hc2lhL3RoYWktcHJvdGVzdGVycy1jYWxsLW9uLWtpbmctdG8tZ2l2ZS11cC1yb3lhbC1mb3J0dW5lLTEzNjM3NjQ40gEA?oc=5

2020-11-25 13:18:45Z
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