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‘Islam fund’ to be launched for SMEs
The government plans to join hands with sovereign wealth funds from the Middle East to launch private equity funds (PEF) to support small Korean companies seeking to advance into the rapidly-growing market. To that end, industry sources said the Korea Finance Corporation (KoFC), the state-run lender, is now in talks…
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East Asia
Afghan student builds up dream to be Korean diplomat
Fahim Nezam, 24, is pursuing an unusual dream: joining the Korean foreign service. Born in Afghanistan, Nezam arrived in Korea eight years ago. He followed his father, who was sent to work as a cook for the Afghan Embassy in Seoul. He now has a student visa, and is studying…
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East Asia
Hotels hold ‘hansik’ promotions overseas
Various government and private organizations are promoting “hansik,” or Korean cuisine, around the world. These days another sector has joined the push, the hotel industry. Top-class hotels here hold hansik introduction events or send their chefs to brand chain hotels overseas where they teach local chefs there how to make…
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East Asia
Japan’s ignorance about Dokdo threatens alliance
The resolution of the Dokdo issue plays a prominent role in promoting peace in Asia. Dokdo, nestled within the East Sea should be seen as more than just a set of islets. The richly colored water surrounding the islets provides ample fishing and natural resources. Untapped resources including petroleum and…
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East Asia
Moon, Ahn agree on single candidacy
7-point pact can’t rule out last-minute discord The two leading liberal presidential contenders, Rep. Moon Jae-in of the main opposition Democratic United Party (DUP) and independent Ahn Cheol-soo, agreed Tuesday to unify their candidacy before final registration on Nov. 26. The decision came after a closed-door meeting between the two…
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South Asia
Rickshaw Drivers In New Delhi Look Bright Despite Their Hard Lives
Rickshaw drivers have their breakfast in East Patel Nagar, northern New Delhi, India, on Nov. 5, 2012. Rickshaw drivers’ life is hard in the old city of New Delhi. A rickshaw driver rests in East Patel Nagar, northern New Delhi, India, on Nov. 5, 2012. <Xinhua/Li Yigang>
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South East Asia
Filipino Workers Take To Streets Demanding $3 Across-The-Board Salary Raise
Protesters display placards during a rally outside the Philippine Congress to seek 125-Peso ($3) across-the-board salary increase for workers at suburban Quezon city northeast of Manila, Philippines, Monday Nov. 5, 2012. The rally coincided with the resumption of session of Philippine Congress following a long weekend. Protesters display placards after…
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West Asia
Tripartite Talks To Bring Peace In Syria Among Russia, UN, Arab League Ended In Disagreement
In this Sunday Nov. 4, 2012 photo, Russian Foreign Minister Sergey Lavrov, left, Arab League Secretary General Nabil Alaraby, center, and Lakhdar Brahimi, the U.N.-Arab League envoy to Syria, right, hold a late-night joint press conference, but they differed in their assessments, after talks in Cairo, Egypt. Brahimi called the…
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West Asia
An Afghan Worker Puts Finishing Touch On Carpet Which Used To Be Column Of Its Economy
An Afghan worker cuts carpet at a carpet factory in Kabul, Afghanistan, on Nov. 3, 2012. Carpet production is the column of Afghan economy. However, the export of carpet has significantly declined over the past couple of year due to lack of machinery and raw materials, according to the officials.…
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South East Asia
Sri Lankan Government Under Blast For Planning To Impeach Chief Justice
Opposition lawmakers and rights activists participate in a protest against the government in Colombo, Sri Lanka, Monday, Nov. 5, 2012. Hundreds of Sri Lankans staged the protest march to demand that the government halt a plan to impeach the country’s chief justice and condemning what they say is intimidation of…
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