January 31, 2009 Saturday
Updated

SINGAPORE'S top male and female triathletes have been slapped with a competition ban for being caught alone in a hotel room at the Asian Beach Games in Bali last October.

Mr Mok Ying Ren, 20, and Ms Dinah Chan, 22, were told of their punishment late last week following an investigation into the incident by an inquiry panel, a Triathlon Association of Singapore (TAS) spokesman said on Saturday.

 
Heading for govt offices

BANGKOK - Thousands of supporters of ousted premier Thaksin Shinawatra began marching towards Thailand's main government offices in Bangkok on Saturday, vowing to fight on until the new administration leaves office.

The protesters set off just after 10pm (11pm Singapore time), an AFP correspondent at the scene said, led by ten trucks carrying rally leaders and accompanied by more than 100 motorbikes.

Japan pledges $26b aid

DAVOS (Switzerland) - JAPAN will give 1.5 trillion yen (S$26 billion) in development aid to other Asian countries for infrastructure projects to battle the economic crisis, a top government official said on Saturday.

Prime Minister Taro Aso will announce the package in a speech to the World Economic Forum on Saturday, his press secretary Kazuo Kodama said.

Public against protesters

DAVOS (Switzerland) - THAILAND'S Prime Minister Abhisit Vejjajiva said Saturday he believed 'the mood' of the Thai people is turning against opposition protesters but that he could order a second stimulus package for the economy.

Speaking as new demonstrations were held in Bangkok calling for the dissolution of parliament, Mr Abhisit, who has only been in office for one month, told reporters at the World Economic Forum in Davos that he was not worried.

New strategy outlined soon

WASHINGTON - PRESIDENT Barack Obama said on Saturday his administration will outline a new strategy in the coming days for spending billions of federal dollars to pull the nation out of an economic crisis he described as 'devastating.'

Mr Obama and his top advisers are weighing how to structure the remaining US$350 billion (S$529 billion) that Congress approved last year to save financial institutions and lenders from collapse.

   
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