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Central Asia
French Development Agency supports agricultural development in Uzbekistan
French Development Agency (Agence Française de Développement – AFD), a financial institution and the main implementing agency for France’s official development assistance to developing countries, is taking an active role in the development of agriculture and modernization of the sector in Uzbekistan. Nowadays a group of experts from the France…
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East Asia
Chinese third-party mobile payments reached 38 trillion yuan in 2016
Du Yifei – People’s Daily Driven by the explosive growth of Internet finance, China is now witnessing a boom on mobile payment market. Data showed that value of Chinese third-party mobile payments has tripled to 38 trillion yuan ($5.5 trillion) in 2016. With the popularity of mobile payment, the Chinese people…
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Central Asia
Success story of a not-cotton-growing Uzbek farmer: 10 millions USD annual export
Implementation gradual reduction of production raw cotton from 3 million 350 thousand tons to 3 million tons in Uzbekistan is freeing up about 170,500 hectares of irrigated land, which is leading to the result that fruit and vegetables are being sown and planted on unleashed cotton fields. The same agricultural…
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Politics
The Cosmo Modern Citizen as a Man of Media
The “Red Danger” is not limited to a certain political ear. While this referred to the fear of Communism in the late 40s and 50s, the “Red Danger” was challenged in the United States by the Republican Senator Joseph P. McCarthy of Wisconsin who spent almost five years trying to…
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East Asia
Deputy IT and Communications Minister of Uzbekistan from South Korea completes his mission
It was something very unusual for Uzbekistan when in 2013 a group of South Korean scholars headed by the consultant on ICT Kim Nam Seok began its activity at the Uzbek State Committee for Communication, Information and Telecommunication Technologies. Unusual was not the fact of attracting foreign specialists but the…
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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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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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Politics
Russia’s Kalashnikov to create 1700 jobs in 2017
Russia’s famed small arms maker Kalashnikov Concern will increase its staff by at least 30% by creating 1700 new jobs in 2017 amid the surge in export orders, the company’s press service said. “The Kalashnikov Concern will create 1700 new jobs this year and thus will increase its core staff…
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