• East Asia

    Overall Review of Global Papers’ Editorials

    For a couple of days I have read through several newspapers and checked what they editorialized about. Considering that the abduction of schoolgirls has been a hot topic over the world for several weeks, it was understandable that the New York Times touched on this issue. It is an issue…

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  • East Asia

    Samsung, after Lee Kun-hee’s heart attack?

    This event may precipitate the succession plan at Samsung After Lee Kun-hee’s sudden heart attack over the weekend, emerged the issue of succession plan at the Samsung business group again. It has become a matter of grave concern how Samsung’s succession plan will evolve. While business watchers guess that the…

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  • South East Asia

    [Asia Round-up] Building aircraft from scratch

    The state-controlled PT Dirgantara aerospace company has a plan to develop a prototype of a 19-seater aircraft with a grant of US$50 million from the government. But building such a high-tech product that requires high economies of scale and high-loaded costs is not an appropriate priority for Indonesia now. Dirgantara…

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  • South East Asia

    BIMSTEC vows to achieve founding goals

    The third summit of BIMSTEC ended in Myanmar capital Nay Pyi Taw on March 4 with a firm resolve to make continued efforts in accomplishing the founding aims and purposes of the seven-nation forum of South and South East Asia. BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic…

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  • South East Asia

    [Asia Round-up] Airline industry booms in Southeast Asia

    The airline industry in Southeast Asia has boomed in recent years as a result of rapid economic growth and a rising middle class. Low-cost carriers have captured a large part of the emerging air travel market by offering a variety of new flight routes throughout the region. With the economic…

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  • South Asia

    Indian farmers grapple with drought

    Water budgeting expertise sought after among farmers Amid continued drought in rural areas in India, farmers struggle to cultivate crops with less and less water. In some rural areas, illiterate farmers use their knacks in farming with less water and their farming expertise has now become a much-requested skill among…

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  • East Asia

    North Korea’s bizarre distribution system

    When it comes to its economy, North Korea is a very special place. Perhaps not as much as it used to be, with the steady growth of grassroots capitalism, but in the days of Kim Il Sung, the grandfather of the current North Korean strongman Kim Jong Un, North Korea…

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  • Why Korean firms don’t build ferries

    After the tragic sinking of the ferry Sewol, many are wondering why Korea, which has some of the world’s leading shipbuilders, is importing decades-old ferries from Japan and other countries. According to shipbuilders, they aren’t making ferries, not because they do not have the capability but because doing so is…

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  • HiteJinro to open beer plant in Vietnam

    HiteJinro is looking to build a beer plant in either Vietnam or the Dominican Republic to seek more resilient growth, a company executive said in a recent interview. “If we decide to build a plant outside Korea, it will be in Vietnam. The Dominican Republic could be another option depending…

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  • Trade between S. Korea and Turkey jumps over 30 pct under free trade pact

    Trade between South Korea and Turkey has jumped more than 30 percent over the past year under a bilateral free trade agreement (FTA) aimed at lowering the overall trade barriers, customs data showed Monday. The two countries enacted the FTA for goods on May 1, 2013, lowering or removing their…

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