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East Asia
Georgia strengthens Silk Road economic links
On 16 January 2017 Georgian Economy Minister Giorgi Gakharia signed a Memorandum of Understanding (MoU) on “Strengthening the New Silk Road Initiative” with Zhang Yuzhou, CEO of CEFC China Energy Company Limited. The corporation has a business interest in energy and financial services and intends to purchase 75 percent of…
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Central Asia
Kyrgyzstan and EU plan to sign new co-op agreement
Kyrgyzstan may sign a new agreement on cooperation with the European Union next week, head of the EU Delegation to Kyrgyzstan, Cesare de Montis said at the press-conference Feb. 9, TASS reported. The agreement is expected to be signed within Kyrgyz President Almazbek Atambayev’s official visit to Brussels on February…
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West Asia
Railway line of Azerbaijani and Iranian Astara to start operating in March
Chairman of CJSC Azerbaijani Railways (ADY) Javid Gurbanov has received Said Mohammadzade, Deputy Minister of Roads & Urban Development of Iran and President of Iranian Railways, abc.az reports. ADY reports that during the meeting the parties discussed progress of the construction of a railroad between Azerbaijani and Iranian Astara, the…
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Central Asia
Putin ratifies Turkish Stream deal
Russian President Vladimir Putin ratified deal with Turkey on Turkish Stream natural gas pipeline project on Tuesday, Daily Sabah reports. The upper house of Russian Parliament, the Federation Council of Russia, previously approved the bill on ratification of TurkStream gas pipeline project on Feb. 01, whereas it was approved by…
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East Asia
Lords of money, lords in offices
Most first-time Western visitors to Pyongyang tend to come back somewhat surprised. They had expected to see the very embodiment of a Stalinist hell. Well, you know the picture: soldiers on every street corner sporting machineguns, ready to mow down the masses, pedestrians in colorless clothing slowly moving amidst mammoth,…
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East Asia
“New Asia, New Dynamics” motto of the Magazine N
This year, The AsiaN’s Magazine N embarks on the New Year with the phrase, “New Asia, New Dynamics” and truly, it is the start of a whole new platform upon which Magazine N aspires to convey the ideas of reporters and columnists around Asia. Not only has there been shifts…
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East Asia
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South Asia
CPEC a dawn of hope for Pakistan and region
Nazir Siyal – KARACHI Pakistan’s Prime Minister Mian Muhammad Nawaz Sharif on Friday will inaugurate the first phase of completed section of M-9 Karachi-Hyderabad Motorway at Nooriabad on Feb 03, 2017. Frontier Works Organization (FWO), carrying this project converting existing Super Highway into 6 lanes Motorway with the total cost…
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Business
SK, Daelim win $3 bil. deal in Turkey
SK Engineering & Construction (E&C) and Daelim Industrial won a 3.5 trillion ($3 billion) contract to construct the world’s longest suspension bridge in Turkey, the two companies said Tuesday. A four-way consortium, consisting of SK, Daelim and two Turkish builders, Limak and Yapi Merkezi, was selected as a preferred bidder…
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East Asia
Samsung Electronics surpasses W2 mil.
Samsung Electronics stocks touched 2 million won Thursday, soaring to a record high. It is the first time the electronics giant which debuted on the stock market in 1975 surpassed 2 million won. The world’s leading tech company started trading at 1.97 million won in the morning session, reaching 2…
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