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East Asia
Asiatic Black Bears Suffer from Appetite for Bear Bile
In 2012, bile bear tonic-selling Chinese Guizhentang Pharmaceutical went under fire after they have appeared in the to seek approval to be a publicly listed company in the Shenzhen Stock Exchange, in which the animal rights movement and famous personalities, as well as citizens have criticized their action. With bear…
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West Asia
“Today is the Day to Work in Iraq”
Interview with Iraqi Ambassador Khalil Al-Mosawi The Iraqi envoy to Korea, Ambassador Khalil Ismail Abdul Sahib Al-Mosawi, in an interview with the Magazine N expresses his hopes to change the perceptions about Iraq, and how his oil and water-rich country is ripe for investments. “Iraq has been the cradle of…
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East Asia
China’s Asian Bank May Herald A New World Order
Since the 2008 economic meltdown, Europeans and the Americans have been asking the Chinese to contribute more to the Bretton Wood institutions. But, in turn, the Chinese have been demanding reforms to the hegemonic system of management and voting rights in these institutions that favour the Americans and the Europeans.…
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South East Asia
Changes seen in Indonesia as Jokowi moves
“Reformasi”, the slogan of the 7th Indonesian President Joko Widodo, is taking shape in his first month in office as the leader of the biggest Muslim state in the world. Six days after his inauguration, Jokowi announced his working cabinet, eight days faster than the 14-day deadline mandated by law.…
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East Asia
A Tale of the Three Shipbuilding Nations – A long long tunnel
The global shipbuilding market, which has stayed caught in a trap of overcapacity, is still struggling to exit from the long and dark tunnel. According to Clarkson Research, the global NB orders contracted this year to September totals 1,388 ships (92.02 mil dwt, 30.80 mil cgt, $352 million), declining 32%…
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East Asia
Korea-Saudi Businesses and Government Discuss Cooperation
1st Korea-Saudi Business Forum, “Saudi: Good Business Environment for Korean Business” “Saudi Arabia is an attractive country for investments. Service, manufacturing, R&D among other industries are showing signs of potential for growth.” In the 1st Korea-Saudi Business Forum held last October 30th in Grand Intercontinental Hotel at Seoul’s Samseong-dong, Abdullatif…
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East Asia
Hyosung, the one that brings the smiles back to Vietnamese citizens ‘Smile Searchers’
Korean Companies for Asia (1) In Dong Nai, a province near Ho Chi Min City, Vietnam, a lot of people that are sick do not receive medical attention. In most cases, a simple cough medicine requires a day’s labor for them or that there is no money to commute going…
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East Asia
South Korea and Canada to sign FTA
By Joel Lee South Korea and Canada will sign a free trade agreement (FTA) on Tuesday, which would eliminate nearly all tariffs on the mutually agreed products for the next 10 years. As part of a state visit address in Ottawa on Sunday, South Korean President Park Geun-hye said the…
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East Asia
China’s central bank cuts RP rate to spur growth
By Joel Lee China’s central bank cut its repurchase agreement rate to the lowest level since Jan 2011 in a bid to counter the slower-than-expected growth. The People’s Bank of China (PBOC) announced Thursday it has sold 10 billion yuan ($1.6 billion) of 14-day contracts at 3.5 percent – a…
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Politics
[AJA Global Report] Algeria’s relations with China and South Korea
Over the past decade Algeria received growing interests by many Asian countries and its relations with China are hot topics of discussion for scholars and journalists. The Algeria-Korea relation will be the topic of this discussion in this article. This article aims to analyze the growing interest of East Asian…
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