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Business
Seoul to spend $4.1 billion for parts, materials industries amid trade row with Japan
Seoul: South Korea plans to inject more than 5 trillion won ($4.1 billion) into its support of the local parts and material industries by 2022 in a bid to tackle Japan’s export curbs against the South, cut dependence on Japanese imports and boost localization, the industry ministry said Wednesday.…
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U.S. offers to help resolve Seoul-Tokyo row after ‘whitelist’ removal
Washington: The United States will do what it can to help South Korea and Japan resolve their differences, the U.S. State Department said Tuesday in response to Tokyo’s latest trade restrictions against Seoul. Japan decided early this month to remove South Korea from its “whitelist” of trusted trading partners,…
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Society
Kyrgyzstan uses funds from fight against corruption to expand schools, build kindergartens
Bishkek: Some of the funds raised from the fight against corruption are being used to expand schools, accommodate more students and build kindergartens in several areas in Kyrgyzstan. “Due to internal migration, schools in Bishkek, Chui and Osh Oblasts are overloaded. That’s why we decided to direct the funds of…
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Business
Indonesia not a waste disposal site for developed countries: Minister
Bogor: Indonesia should not turn into a waste disposal site for developed countries, Environment and Forestry Minister Siti Nurbaya has said. “It does not mean that we reject imports of paper and plastic scrap. The problem is that these imports were contaminated by illegal waste, such as used diapers,…
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Culture
South Korea’s BTS pick up two trophies at annual MTV music awards
Seoul: Proving its massive success on the American pop scene once again, K-pop boy band BTS has picked up two trophies at the annual MTV Video Music Awards (VMAs) held in New Jersey, USA. The septet won in two categories – best group and K-pop – out of the…
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Politics
Malaysia, Vietnam discuss new opportunities, strengthening cooperation
Hanoi: Malaysia and Vietnam agreed to strengthen cooperation and look for new economic opportunities to reduce trade imbalance between the two ASEAN countries. In a joint media conference, Malaysian Prime Minister Dr Mahathir Mohamad and Vietnamese Prime Minister Nguyen Xuan Phuc said both countries agreed to strengthen strategic cooperation in…
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Culture
International Lion Dance Festival in Vietnam to feature 30 teams
Hanoi: Teams from China, Taiwan (China), Malaysia, Singapore, Indonesia, Australia and Vietnam are set to participate in the International Lion, Dragon and Unicorn Dance Festival. The festival, from August 30 to September 2, will be held in the central city of Da Nang. Vietnam will feature 24 teams. According…
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Entertainment
Over 2,400 athletes to compete in Chungju World Martial Arts Masterships
Cheongju: More than 2,400 martial arts athletes from 107 countries worldwide have registered to participate in the 2019 Chungju World Martial Arts Masterships set to kick off in the central South Korean city of Chungju this week, organizers said Tuesday. The 2019 Chungju World Martial Arts Masterships Organizing Committee…
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Business
Samsung stays South Korea’s top brand despite value drop
Soul: Samsung Electronics Co. remains by far the most valuable brand in South Korea despite a drop in its brand value, a report said on Tuesday. Samsung Electronics, the world’s No. 1 memory chip and smartphone maker, topped the list of 50 leading brands in Asia’s fourth-largest economy with…
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Politics
Indonesia to shift capital from Jakarta to East Kalimantan
Jakarta: Indonesia will build a new capital in sparsely populated East Kalimantan province on Borneo island. The decision taken by the Joko Widodo (Jokowi) government was based on a three-year study conducted by the government. “The results of the studies have concluded that the ideal location for a new capital…
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