• East Asia

    Chinese companies to help Malaysia build deep sea port

    Three Chinese companies have been selected to help build a new deep-water port in the Strait of Malacca in Malaysia. The project is part of the Chinese government’s broader “belt and road” initiative. PowerChina International, Shenzhen’s Yantian Port Group and Rizhao Port Group have been selected to help a Malaysian…

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  • East Asia

    Japan trading houses eye resuming Iran oil imports

    Japanese traders including Marubeni Corp. and Sumitomo Corp. that stopped buying Iranian oil during western sanctions are looking to resume imports, potentially by year-end, industry sources said, The Japan Times reported. Conservative Japanese firms have so far held off taking Iranian crude due to a lack of internationally acceptable insurance…

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  • Central Asia

    Turkmenistan keen to diversify electricity export

    Turkmenistan intends to diversify the directions of electricity supplies, said the country’s President Gurbanguly Berdimuhamedov. He made the remarks during the ceremony of commissioning of a control center in Ashgabat, the Neutral Turkmenistan newspaper reported Oct. 19, Trend reports. Measures, taken in this direction, allow fully meeting the country’s electricity…

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  • Central Asia

    Azerbaijan invites Uzbekistan to benefit from Baku-Tbilisi-Kars

    Azerbaijan has invited Uzbekistan to benefit from the Baku-Tbilisi-Kars railway project. Azerbaijan’s Foreign Minister Elmar Mammadyarov met with the Foreign Minister of Uzbekistan Abdulaziz Kamilov in Tashkent, Azerbaijan’s Foreign Ministry told Trend on October 17. During the meeting, Mammadyarov informed his counterpart about the restoration of the historical ‘Silk Road’…

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  • East Asia

    BRICS should help lead world economy out of woods in time of uncertainty

    At a time when a strong and sustainable global recovery remains elusive, the BRICS nations should come even closer together and help lead the world economy out of the woods, just as they had done in the aftermath of the 2008 global financial crisis. Later this week, leaders of the…

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  • East Asia

    Samsung urges 1 million Note 7 holders to stop using them

    Samsung Electronics has advised an estimated 1 million Galaxy Note 7 users to stop using the device, citing a recent emergency order from the U.S. Department of Transportation (DOT) that banned all Note 7 smartphones on airline flights there. “We encourage any Note 7 users to be sure to get…

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  • Central Asia

    Turkmenistan Opened $2.3 Billion Airport Terminal in Ashgabat

    Turkmenistan has opened a new $2.3 billion air terminal at Ashgabat International Airport as the former Soviet republic’s tries to become an international transport hub in Central Asia and reduce its dependence on revenues from natural gas exports, RFERL/RL reports. President Gurbanguly Berdymukhamedov said during the opening ceremony on September…

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  • East Asia

    Xi Jinping’s visit to Bangladesh of historic significance

    Liu Hui (People’s Daily) Chinese President Xi Jinping’s state visit to Bangladesh, the first tour to this South Asian country by a Chinese President in 30 years, will serve as a milestone in China-Bangladesh ties, experts said ahead of Xi’s trip. Ye Hailin, director of the Center of South Asia…

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  • Central Asia

    New economic zone to open in Uzbekistan

    Acting President of Uzbekistan Shavkat Mirziyoyev proposed creating a new free economic zone in Urgut district of Samarkand region, Akhborot news program of Uzbekistan TV channel reported, Gazeta.uz cites. Currently, 40 industrial enterprises, including 19 joint companies, operate in the industrial zone in Urgut, occupying almost 42 hectares and employing…

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  • Central Asia

    Russia, Turkey sign agreement on Turkish Stream gas pipeline project

    Turkey and Russia signed the strategic Turkish Stream gas pipeline agreement on Oct. 10, Vestnik Kavkaza reports. The pipeline will carry Russian natural gas to Turkey and on to Europe under the Black Sea. During the signing ceremony with his Russian counterpart Vladimir Putin, Turkish President Recep Tayyip Erdogan said…

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