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South East Asia
Brexit: Less impact to Malaysian traders in short term
The Brexit or the British exit from the European Union (EU) in a historic referendum on 23 June 2016 has affected the money market (shares, bonds, debentures, derivatives) goods and services, property market/assets and labour market. The market shocks in the United Kingdom (UK) begin in the money market and…
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Central Asia
Erdogan, Putin to meet in first week of August
President Recep Tayyip Erdogan has arranged to meet his Russian counterpart Vladimir Putin within weeks, Turkish presidential sources said Sunday, Trend reported. The agreement came in a telephone call from Putin in which he gave his support to Turkey following Friday’s attempted coup. According to the source, who spoke on…
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East Asia
Georgia and Japan to implement common project
The Project for Provision of Medical Equipment to Georgia Red Cross Primary Health Clinic in Dedoplistskaro (Georgia), which was implemented within the framework of “Grant Assistance for Grassroots Human Security Projects” of the Government of Japan. The Opening Ceremony was held in the town of Dedoplistskaro (Georgia) on 8 July…
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Iran, Azerbaijan, Russia presidents to discuss north-south corridor
Presidents of Iran, Azerbaijan and Russia are scheduled to discuss the completion of north-south corridor in an upcoming tripartite meeting, Azerbaijani Foreign Minister Elmar Mammadyarov said on July 12. He made the remarks in a meeting with his Russian counterpart Sergei Lavrov, IRNA reports. Mammadyarov said that the north-south corridor…
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Central Asia
Russia to spend $15.6 bln on defense industry development
The Russian government will allocate 1 trillion rubles ($15.625 billion) for the development of the domestic defense industry, Prime Minister Dmitry Medvedev said at a meeting with members of the ruling United Russia party on July 11. “This year, the government has approved a new version of the program for…
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West Asia
Iran endorses visa-free regime with Armenia
A session of Iran’s Cabinet made decisions on abolition of visa requirements between Armenia and Iran. Members of Iran’s Cabinet gathered together for a session on July 10 chaired by President Rouhani, Mehr reports. The meeting made relevant decisions on setting regulations for abolition of visas for holders of diplomatic…
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Central Asia
Airlines Cash in on Russia’s Turkey Tourism Revival
The price of airplane tickets from Moscow to the Turkish resort of Antalya have risen by 75.6 percent in the last week as companies cash in on a surge of Russian holidaymakers visiting the country, The Moscow Times reports. Data from the Association of Tour Operators of Russia (ATOR) also…
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West Asia
New gold reserves discovered in Iran
Recent explorations have led to identification of new reserves of gold at Iran’s Zarshouran gold mine, Mohammad Reza Ahmadi, manager of Zarshouran Gold Complex, said. He said that the explorations indicate that the mine contains 108 tons of gold with purity of four grams per ton, Ahmadi said, ISNA news…
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Central Asia
Japanese-Turkish consortium implements chemical project in Turkmenistan
A workshop for the production of 500,000 tons of sulfuric acid per year was commissioned at a chemical plant in Turkmenabad town, Lebap region, Turkmenistan, Trend reports. According to the report, the project was implemented by a consortium consisting of Japanese Mitsui company and Turkish Ronesans company. “The design capacity…
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Central Asia
First Soviet McDonald’s opens in 1990
The first McDonalds opened its doors to thousands of people in the date of January 31, 1990. Russian people stand in a long line to taste the Western burger. It was a symbolic date of the late Soviet period.
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