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Politics
South Korea, Thailand agree on high-tech industry cooperation, closer defense ties
Bangkok: South Korea and Thailand have agreed to team up to cope with the fourth industrial revolution, expanding their time-honored ties to high-tech sectors. They also signed an accord on exchanging and protecting military intelligence, as President Moon Jae-in and Prime Minister Prayut Chan-o-cha had summit talks at the Government…
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Business
Malaysia’s Mahathir makes first visit to Cambodia since 1994
Phnom Penh: Malaysian Prime Minister Dr Mahathir Mohamad has arrived in Phnom Penh for his first visit to Cambodia since 1994. During his three-day official visit at the invitation of his Cambodian counterpart Hun Sen, Dr Mahathir will attend a dialogue session with about 1,000 students and guests on “Balancing…
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Politics
South Korea, Thailand to hold summit on high-tech industry cooperation
Bangkok: The leaders of South Korea and Thailand will hold summit talks in Bangkok on Monday primarily on working together in response to the fourth industrial revolution. President Moon Jae-in arrived in Bangkok a day earlier, becoming South Korea’s first leader to visit the Southeast Asian nation in seven…
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Business
Azerbaijan to host IATA conference on safety, flight operations
By Habib Toumi Baku: Safety and flight operations will be the main topic to be discussed at the International Air Transport Association (IATA) conference to be held next year in Baku, the capital of Azerbaijan. The international conference will be hosted on March 31 – April 2 at the Baku…
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Politics
Pak-Afghan border to remain open 24/7 from Monday
By Nasir Aijaz AsiaN Correspondent Islamabad: Pakistan will begin round-the-clock operation of Torkham border crossing with Afghanistan on a trial basis from Monday to facilitate the movement of traders, transporters and other people of two countries, said an official statement. The statement was issued in Peshawar by the provincial…
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Business
South Korea to remove Japan’s trusted trade partner status in September
Seoul: South Korea is expected to put into effect its decision to drop Japan from a list of trusted trading partners later this month, Seoul’s trade ministry said Sunday amid a growing trade row between the two Asian neighbors. Early this month, the Seoul government decided to revamp the…
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Politics
South Korea backs shifting Indonesia’s capital to East Kalimantan
Jakarta: South Korea has lent its support to moving the capital of Indonesia from Jakarta to East Kalimantan. “I think we should look at the most important reason behind President Joko Widodo’s decision on the transfer of the capital city,” South Korean Ambassador to Indonesia Kim Chang- beom told…
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Business
South Korea unveils record high budget for 2020
Sejong: South Korea on Thursday proposed a record 513.5 trillion-won ($423.7 billion) budget for 2020 to boost its slowing economy beset by a deepening U.S.-China trade row and more recently its own with Japan. The expansionary budget – endorsed by the Cabinet – represents a 9.3 percent hike from 2019…
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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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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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