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East Asia
China holds strong appeal to foreign investment
Statistics indicate a steady growth of the scale of foreign investment China has used. Last year, China’s actual utilization of foreign investment hit a record high. In the first half of this year, the actual utilized value of foreign investment in China rose 7.2 percent from a year ago to…
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East Asia
S. Korea, U.S. agree to discuss defense cost sharing in ‘reasonable, fair’ way
South Korea and the United States have agreed to conduct discussions in a “reasonable and fair” way on how to share the cost for the upkeep of American troops here, a foreign ministry official here said Tuesday. The two sides talked about the upcoming negotiations over Seoul’s share of the…
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East Asia
S. Korea: new home permits down 9 pct in H1
New home permits in South Korea dropped 9.2 percent in the first half of the year, the government said Tuesday, amid toughened regulations on the housing market. Construction permits issued for new homes came to 226,594 in the first six months of the year compared with 249,505 the same period…
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East Asia
S. Korean airlines reduce flights to Japan amid trade row
South Korean airlines have suspended services or plan to reduce the number of flights on some Japanese routes as outbound travel demand falls amid escalating trade tensions with the neighboring country. On Tuesday, Asiana Airlines Inc. said it will reduce the number of flights on the routes to Japanese…
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East Asia
S. Korea: childbirths down 9.6 pct in May
The number of newborns in South Korea fell 9.6 percent in May from a year earlier, government data showed Tuesday, a sign of the continuing low birthrate that has plagued Asia’s fourth-largest economy for more than a decade. The data compiled by Statistics Korea showed that 25,300 babies were born…
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South Asia
Heavy monsoon rains lash Pakistan
By Nasir Aijaz The AsiaN Correspondent Islamabad: Heavy monsoon rains on Monday lashed most parts of Pakistan, especially Sindh and Balochistan provinces and some southern areas of Punjab province. The downpour started in the wee hours and continued until sunset. The southern coastal districts of Sindh province were severely affected…
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Politics
Malaysia all set for installation of 16th Yang di-Pertuan Agong
Kuala Lumpur: Malaysians are all ready to witness on Tuesday another historic ceremony that usually takes place every five years – the installation of the Yang di-Pertuan Agong. Al Sultan Abdullah Ri’ayatuddin Al Mustafa Billah Shah of Pahang will be installed as the 16th Yang di-Pertuan Agong at Istana…
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Business
President Mirziyoyev stresses need to develop Samarkand into tourism hub
Samarkand: Uzbekistan President Shavkat Mirziyoyev has called for optimizing resources and facilities to enhance tourism and boost the economy. Mirziyoyev made his call as he visited a tourism center to be built along a rowing canal in Samarkand. The project allocates 360 hectares of land for the complex, while a…
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tobechecked
On Being Asian
By Alin Ferrer-Garganera Asia is complex and complicated. Among the seven continents, she is quite extreme. Largest continent, largest population, fastest economic growth. But also, the biggest source of pollution and the most vulnerable to climate impacts. Without a doubt, she has one of the most colorful histories. Uniquely…
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Culture
Old Shoes for Mother: An inspiring life story that motivates great success
Jakarta: A bitter life experience could actually be a whip for success, Indonesian Military (TNI) Commander Air Chief Marshal Hadi Tjahjanto said as he attended a meeting with the production team of the film “Old Shoes for Mothers”. “In the course of my own life, 99 percent is a…
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