Household debt continues to climb
Financial authorities see Korea’s household debt mountain growing steeper in the coming months as banks continue to exploit the demand from families struggling to keep up with the rising costs of living. Amid increasing concerns that the historically high level of personal indebtedness is posing a serious threat to the country’s financial stability, the Financial […]
Indonesia-US cooperate in developing ‘unconventional gas’
Indonesia and the United States on Monday agreed to cooperate in developing “unconventional gas” in Indonesia as the country will learn from its counterpart about technology to develop non fossil fuel. Evita Legowo, director general of Oil and Gas in the Ministry for Energy and Mineral Resources, said in the U.S.-Indonesia Energy Investment Roundtable, that […]
Sindh province of Pakistan expects US $8 billion Korean investment
Sindh, the southern province of Pakistan, expects 7 to 8 billion US dollar investment in different sectors including energy, food, tourism and communication up to 2020 from Republic of Korea, as a large number of Korean companies are keen to invest here. Several Korean companies are already here executing different projects, said Mr. Zubair Motiwala, […]
Message from the UN Secretary General
It gives me pleasure to convey greeting to the Asia Journalist Association on the launch of AsiaN. This new on-line news service begins work at a time when Asia has emerged as one of the new leaders of the global economy. The region’s prosperity and investment around the world continue to lift missions of people […]
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