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Moon views Busan summit with ASEAN as midterm review of New Southern Policy

Moon views Busan summit with ASEAN as midterm review of New Southern Policy

Seoul: President Moon Jae-in on Tuesday emphasized the significance of two upcoming summits with Southeast Asian nations in Busan for his administration’s signature New Southern Policy, as he had a weekly Cabinet meeting at the venue in the southern port city. He pointed out that the ASEAN-Republic of Korea Commemorative Summit, slated for Nov. 25-26, […]

South Korea finances establishing three hospitals in Pakistan

South Korea finances establishing three hospitals in Pakistan

By Nasir Aijaz AsiaN Representative Karachi: The Republic of Korea on Monday agreed to provide a US$300 million soft loan for financing establishment of three hospitals in Pakistan’s southern Sindh province. In a meeting with Chief Minister Syed Murad Ali Shah at Chief Minister’s House in Karachi, the provincial capital, the Korean delegation of Exim […]

Emirates Group announces $320 million profit

Emirates Group announces $320 million profit

Dubai: The Emirates Group said its revenue for the first six months of 2019-20 was $14.5 billion, down 2% from $ 14.8 billion during the same period last year. This slight revenue decline was due mainly to planned capacity reductions during the 45-day Southern Runway closure at Dubai International airport (DXB), and unfavorable currency movements […]

Mahathir: If they do something not nice to us, we have to be un-nice to them

Mahathir: If they do something not nice to us, we have to be un-nice to them

Bangkok: When Dr Mahathir Mohamad spoke at a dialogue session at the ASEAN Business and Investment Summit (ABIS) last Saturday on the sidelines of the just concluded 35th ASEAN Summit here, he called for the 10-ASEAN nations to speak with one voice on the global stage to avoid being bullied, by developed nations in particular. […]

ASEAN, Bahrain partnership maturing through Treaty of Amity and Cooperation

ASEAN, Bahrain partnership maturing through Treaty of Amity and Cooperation

By Habib Toumi Manama: What does in an international treaty with ten countries mean? A lot. stronger relations, common approaches, closer strategic dimensions, mutual benefits and support at various levels and lucrative economic deals, to cite just a few. The Treaty of Amity and Cooperation (TAC) signed by Bahrain on Saturday with the Association of […]

Bahrain accedes Treaty of Amity and Cooperation in Southeast Asia

Bahrain accedes Treaty of Amity and Cooperation in Southeast Asia

By Habib Toumi Bangkok: Bahrain signed the Instrument of Accession to the Treaty of Amity and Cooperation in Southeast Asia (TAC) in Bangkok. Minister of Foreign Affairs Shaikh Khalid bin Ahmed Al Khalifa who signed on the accession treaty behalf of Bahrain expressed gratitude to Thailand for the invitation to Bahrain to accede the Treaty […]

Mahathir says he is optimistic over Malaysia’s recovery

Mahathir says he is optimistic over Malaysia’s recovery

Kuala Lumpur: Malaysia’s Prime Minister Dr Mahathir Mohamad said the new government has been working overtime to re-energise and clean up the mess left behind by the previous administration, with the road to recovery visible now. Addressing the Permodalan Nasional Berhad (PNB) Corporate Summit 2019 here today, the prime minister noted the government has instituted […]

Siemens, Chinese Company Harbin to build 900MW Power Plant in Pakistan  

Siemens, Chinese Company Harbin to build 900MW Power Plant in Pakistan  

By Nasir Aijaz AsiaN Representative Karachi: K-Electric, a power utility that produces and supplies electricity to Karachi, the largest city of Pakistan and capital of Sindh province, has awarded the contracts to global technology powerhouse Siemens AG and Chinese construction contractor Harbin Electric for a 900MW Combined Cycle Power Plant and associated grids at Bin […]

South Korea could hold talks with Japan next month on trade row

South Korea could hold talks with Japan next month on trade row

Seoul: South Korea and Japan could sit down for a second round of talks next month in a move to work out their differences over Tokyo’s export restrictions, a top official has said. Sung Yun-mo, minister of trade, industry and energy, made the comments in a recent brief comment to Yonhap News Agency. Sung did […]

Beijing Diary: China’s cashless transactions impressive

Beijing Diary: China’s cashless transactions impressive

By Amirul Mohd Sajadi Bernama reporter Amirul Mohd Sajadi is currently participating in a 10-month programme in Beijing organised by the China International Press Communications Centre. Beijing: Since my arrival in the Chinese capital in February, I have hardly ever carried cash in my wallet. Sometimes I even forget to take my wallet with me […]

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