Railway line of Azerbaijani and Iranian Astara to start operating in March
Chairman of CJSC Azerbaijani Railways (ADY) Javid Gurbanov has received Said Mohammadzade, Deputy Minister of Roads & Urban Development of Iran and President of Iranian Railways, abc.az reports. ADY reports that during the meeting the parties discussed progress of the construction of a railroad between Azerbaijani and Iranian Astara, the development of terminal Astara and […]
Putin ratifies Turkish Stream deal
Russian President Vladimir Putin ratified deal with Turkey on Turkish Stream natural gas pipeline project on Tuesday, Daily Sabah reports. The upper house of Russian Parliament, the Federation Council of Russia, previously approved the bill on ratification of TurkStream gas pipeline project on Feb. 01, whereas it was approved by the lower house State Duma […]
Lords of money, lords in offices
Most first-time Western visitors to Pyongyang tend to come back somewhat surprised. They had expected to see the very embodiment of a Stalinist hell. Well, you know the picture: soldiers on every street corner sporting machineguns, ready to mow down the masses, pedestrians in colorless clothing slowly moving amidst mammoth, concrete shells of buildings. Instead, […]
“New Asia, New Dynamics” motto of the Magazine N
This year, The AsiaN’s Magazine N embarks on the New Year with the phrase, “New Asia, New Dynamics” and truly, it is the start of a whole new platform upon which Magazine N aspires to convey the ideas of reporters and columnists around Asia. Not only has there been shifts in the format of the […]
CPEC a dawn of hope for Pakistan and region
Nazir Siyal – KARACHI Pakistan’s Prime Minister Mian Muhammad Nawaz Sharif on Friday will inaugurate the first phase of completed section of M-9 Karachi-Hyderabad Motorway at Nooriabad on Feb 03, 2017. Frontier Works Organization (FWO), carrying this project converting existing Super Highway into 6 lanes Motorway with the total cost of the project is Rs. […]
SK, Daelim win $3 bil. deal in Turkey
SK Engineering & Construction (E&C) and Daelim Industrial won a 3.5 trillion ($3 billion) contract to construct the world’s longest suspension bridge in Turkey, the two companies said Tuesday. A four-way consortium, consisting of SK, Daelim and two Turkish builders, Limak and Yapi Merkezi, was selected as a preferred bidder late last month for the […]
Samsung Electronics surpasses W2 mil.
Samsung Electronics stocks touched 2 million won Thursday, soaring to a record high. It is the first time the electronics giant which debuted on the stock market in 1975 surpassed 2 million won. The world’s leading tech company started trading at 1.97 million won in the morning session, reaching 2 million won at 10:23 a.m. […]
Hyundai Motor Group to invest W3.6 trillion in US over 5 years
Hyundai Motor Group said it will invest a total of 3.6 trillion won ($3.1 billion) in the United States over the next five years, following a series of other global carmakers’ announcements of their future investment plans in the country amid a prevailing fear of President-elect Donald Trump’s threats of higher taxes on auto imports […]
Economic Corridor proves ‘Game Changer’ for Pakistan
In April 2015, Chinese President Xi Jinping was in Islamabad, where he unveiled a $46 billion infrastructure spending blueprint for Pakistan under China Pakistan Economic Corridor (CPEC), to serve as a linchpin of Beijing’s drive to open new trade and transport routes across Asia and challenge the U.S. as the dominant regional power. It all […]
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