MAYASIA BUSINESS OUTLOOK8Thailand's central bank expects to relax rules on the use of China's yuan for trade this year to help mitigate the impact of currency volatility, according to a deputy governor.The Bank of Thailand is in talks with the Chinese central bank about how to promote the use of the currency, according to Mathee Supapongse.Thailand's main trading partner is China, but payments in local currency are still scarce, according to him.Mathee added that the amount of yuan to be used for trade settlements will be no problem due to both countries' swap lines.According to him, the use of yuan should not pose a problem for the US because the Chinese currency will not be able to play the same role as the US dollar in the short term.Thailand encourages the use of local currencies in trade to assist exporters in mitigating the impact of dollar fluctuations against the baht. India currently stands as one of the most technologically progressive nations on the continent. It is currently on the road to be a global manufacturing hub for various electronic devices, and it was the sixth nuclear power in the world. National Technology Day was first celebrated on 11 May 1998 during the term of prime minister Sri Atal Bihari Vajpayee. It was conceived when India successfully carried out nuclear tests in Pokhran. It is to honor the scientists and engineers contributing to the nation's technological development.Every year national technology day has a unique theme, for 2023 it is 'School to Startups-Igniting Young Minds to Innovate.' The current Prime Minister of India, Narendra Modi inaugurated the program marking National Technology Day 2023, at Pragati Maidan, on 11th May 2023 at 10:30 AM. The program marked the commencement of the celebration of the 25th year of National Technology Day, held from May 11 to 14, 2023. Awards were given to individuals who contributed to the field of technology on this day. NEWSROOMTHAILAND CENTRAL BANK EASES REGULATIONS ON CHINESE YUAN FOR TRADENATIONAL TECHNOLOGY DAY 2023: INDIA CELEBRATING TECHNOLOGICAL MILESTONES
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