-
West Asia
Sanctions are killing Iranian independent cinema
Tehran: The president of the United States says that one of the reasons for imposing new sanctions on Iran is helping to free the Iranian people. Those who do not agree with imposing economic sanctions on a country can when they are faced with a situation where sanctions can help…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
South Asia
Chinese firm to invest $20m in taxi, cargo services in Pakistan
By Nasir Aijaz AsiaN Correspondent Islamabad: A Chinese firm is working on comprehensive business plan to provide five important services in Pakistan, initially investing $20 million, with prospects of $600m in the future. Chinese company Time-saco intends to provide a rapid services platform to citizens by launching five…
Read More » -
Business
MAHB’s success in Turkey shows Malaysian firms’ capability: Dr Mahathir
Istanbul: Malaysia Airports Holdings Bhd’s (MAHB) success in managing Istanbul Sabiha Gokcen International Airport (ISGIA), Turkey’s second biggest airport, shows Malaysian companies’ capability as well as their ability to expand their operations abroad, Prime Minister Dr Mahathir Mohamad has said. The prime minister said although MAHB operates airports…
Read More »