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Politics
Moon views Busan summit with ASEAN as midterm review of New Southern Policy
Seoul: President Moon Jae-in on Tuesday emphasized the significance of two upcoming summits with Southeast Asian nations in Busan for his administration’s signature New Southern Policy, as he had a weekly Cabinet meeting at the venue in the southern port city. He pointed out that the ASEAN-Republic of Korea Commemorative…
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South Asia
South Korea finances establishing three hospitals in Pakistan
By Nasir Aijaz AsiaN Representative Karachi: The Republic of Korea on Monday agreed to provide a US$300 million soft loan for financing establishment of three hospitals in Pakistan’s southern Sindh province. In a meeting with Chief Minister Syed Murad Ali Shah at Chief Minister’s House in Karachi, the provincial capital,…
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Business
Emirates Group announces $320 million profit
Dubai: The Emirates Group said its revenue for the first six months of 2019-20 was $14.5 billion, down 2% from $ 14.8 billion during the same period last year. This slight revenue decline was due mainly to planned capacity reductions during the 45-day Southern Runway closure at Dubai International airport…
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Politics
Mahathir: If they do something not nice to us, we have to be un-nice to them
Bangkok: When Dr Mahathir Mohamad spoke at a dialogue session at the ASEAN Business and Investment Summit (ABIS) last Saturday on the sidelines of the just concluded 35th ASEAN Summit here, he called for the 10-ASEAN nations to speak with one voice on the global stage to avoid being bullied,…
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Politics
ASEAN, Bahrain partnership maturing through Treaty of Amity and Cooperation
By Habib Toumi Manama: What does in an international treaty with ten countries mean? A lot. stronger relations, common approaches, closer strategic dimensions, mutual benefits and support at various levels and lucrative economic deals, to cite just a few. The Treaty of Amity and Cooperation (TAC) signed by Bahrain on…
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Politics
Bahrain accedes Treaty of Amity and Cooperation in Southeast Asia
By Habib Toumi Bangkok: Bahrain signed the Instrument of Accession to the Treaty of Amity and Cooperation in Southeast Asia (TAC) in Bangkok. Minister of Foreign Affairs Shaikh Khalid bin Ahmed Al Khalifa who signed on the accession treaty behalf of Bahrain expressed gratitude to Thailand for the invitation to…
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Politics
Mahathir says he is optimistic over Malaysia’s recovery
Kuala Lumpur: Malaysia’s Prime Minister Dr Mahathir Mohamad said the new government has been working overtime to re-energise and clean up the mess left behind by the previous administration, with the road to recovery visible now. Addressing the Permodalan Nasional Berhad (PNB) Corporate Summit 2019 here today, the prime minister…
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South Asia
Siemens, Chinese Company Harbin to build 900MW Power Plant in Pakistan
By Nasir Aijaz AsiaN Representative Karachi: K-Electric, a power utility that produces and supplies electricity to Karachi, the largest city of Pakistan and capital of Sindh province, has awarded the contracts to global technology powerhouse Siemens AG and Chinese construction contractor Harbin Electric for a 900MW Combined Cycle Power Plant…
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Politics
South Korea could hold talks with Japan next month on trade row
Seoul: South Korea and Japan could sit down for a second round of talks next month in a move to work out their differences over Tokyo’s export restrictions, a top official has said. Sung Yun-mo, minister of trade, industry and energy, made the comments in a recent brief comment to…
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Business
Beijing Diary: China’s cashless transactions impressive
By Amirul Mohd Sajadi Bernama reporter Amirul Mohd Sajadi is currently participating in a 10-month programme in Beijing organised by the China International Press Communications Centre. Beijing: Since my arrival in the Chinese capital in February, I have hardly ever carried cash in my wallet. Sometimes I even forget to…
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