[Asia Round-up] Building aircraft from scratch
![[Asia Round-up] Building aircraft from scratch](http://www.theasian.asia/wp-content/themes/city-desk/timthumb.php?src=http%3A%2F%2Fwww.theasian.asia%2Fwp-content%2Fuploads%2F2014%2F05%2FAsia-Round-up_6AP-800x530.jpg&q=90&w=160&h=106&zc=1 "[Asia Round-up] Building aircraft from scratch")
The state-controlled PT Dirgantara aerospace company has a plan to develop a prototype of a 19-seater aircraft with a grant of US$50 million from the government. But building such a high-tech product that requires high economies of scale and high-loaded costs is not an appropriate priority for Indonesia now. Dirgantara should instead focus its core […]
BIMSTEC vows to achieve founding goals
The third summit of BIMSTEC ended in Myanmar capital Nay Pyi Taw on March 4 with a firm resolve to make continued efforts in accomplishing the founding aims and purposes of the seven-nation forum of South and South East Asia. BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) is a regional grouping […]
[Asia Round-up] Airline industry booms in Southeast Asia
![[Asia Round-up] Airline industry booms in Southeast Asia](http://www.theasian.asia/wp-content/themes/city-desk/timthumb.php?src=http%3A%2F%2Fwww.theasian.asia%2Fwp-content%2Fuploads%2F2014%2F05%2FAsia-Round-up_0-800x528.jpg&q=90&w=160&h=106&zc=1 "[Asia Round-up] Airline industry booms in Southeast Asia")
The airline industry in Southeast Asia has boomed in recent years as a result of rapid economic growth and a rising middle class. Low-cost carriers have captured a large part of the emerging air travel market by offering a variety of new flight routes throughout the region. With the economic opening of Myanmar, Southeast Asia […]
Indian farmers grapple with drought
Water budgeting expertise sought after among farmers Amid continued drought in rural areas in India, farmers struggle to cultivate crops with less and less water. In some rural areas, illiterate farmers use their knacks in farming with less water and their farming expertise has now become a much-requested skill among farmers. As the mercury soars […]
North Korea’s bizarre distribution system
When it comes to its economy, North Korea is a very special place. Perhaps not as much as it used to be, with the steady growth of grassroots capitalism, but in the days of Kim Il Sung, the grandfather of the current North Korean strongman Kim Jong Un, North Korea was perhaps the purest known […]
Why Korean firms don’t build ferries
After the tragic sinking of the ferry Sewol, many are wondering why Korea, which has some of the world’s leading shipbuilders, is importing decades-old ferries from Japan and other countries. According to shipbuilders, they aren’t making ferries, not because they do not have the capability but because doing so is not profitable. For example, until […]
HiteJinro to open beer plant in Vietnam
HiteJinro is looking to build a beer plant in either Vietnam or the Dominican Republic to seek more resilient growth, a company executive said in a recent interview. “If we decide to build a plant outside Korea, it will be in Vietnam. The Dominican Republic could be another option depending on demand,” Lim Kyu-hun, director […]
Trade between S. Korea and Turkey jumps over 30 pct under free trade pact
Trade between South Korea and Turkey has jumped more than 30 percent over the past year under a bilateral free trade agreement (FTA) aimed at lowering the overall trade barriers, customs data showed Monday. The two countries enacted the FTA for goods on May 1, 2013, lowering or removing their import tariffs on nearly all […]
Hanwha’s solar biz to bounce back
Hanwha Group predicts that its solar energy businesses will bounce back thanks to lower production costs and a steady increase in demand, the company said Sunday. The conglomerate said it expects that the quarterly sales of its energy business units ― Hanwha Q Cells and Hanwha SolarOne ― will turn black in the JanuaryMarch period, […]
GDP grows at fastest pace in 3 years
The economy recorded its fastest growth in three years in the first quarter, according to the central bank, Thursday. The Bank of Korea (BOK) said the nation’s gross domestic product (GDP) rose 3.9 percent from the preceding January-March period. It marks the fastest yearly growth since the first quarter of 2011 at 4.9 percent. For […]
![[Novel] The Road to Shamawes ⑯](http://www.theasian.asia/wp-content/themes/city-desk/timthumb.php?src=http%3A%2F%2Fwww.theasian.asia%2Fwp-content%2Fuploads%2F2013%2F08%2FAshraf-2novel-news_9601.jpg&q=90&w=300&h=0&zc=1 "[Novel] The Road to Shamawes ⑯")
