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South Korean President to visit Thailand, Myanmar, Laos next week

South Korean President to visit Thailand, Myanmar, Laos next week

  Seoul: South Korean President Moon Jae-in plans to make a tour of Thailand, Myanmar and Laos as part of his key diplomatic initiative of strengthening Seoul’s partnerships with Southeast Asian nations, Cheong Wa Dae said Sunday. With the weeklong trip to begin September 1, Moon will fulfill his promise to visit all the 10 […]

Pakistan probes its citizens holding properties in UAE

Pakistan probes its citizens holding properties in UAE

  By Nasir Aijaz AsiaN Correspondent Islamabad: Pakistan’s top tax regulator has sought details from the United Arab Emirates (UAE) authorities of thousands of Pakistani nationals who have acquired “Iqama” (residential/work permit). In a letter to the UAE Ministry of Finance, the Federal Board of Revenue (FBR) said it was seeking data of those “who […]

Cooperation, energy to top Turkmenistan’s priorities as it chairs CIS

Cooperation, energy to top Turkmenistan’s priorities as it chairs CIS

Ashgabat: Increasing the level of cooperation with international organizations, including the United Nations and Organization for Security and Co-operation in Europe, and creating conditions for enhancing trade and economic cooperation will top the priorities of Turkmenistan as it chairs the Commonwealth of Independent States (CIS) starting October. Turkmenistan’s concept of its chairmanship also includes integration […]

Boao Forum for Asia Ulaanbaatar Conference in Mongolia to boost common development

Boao Forum for Asia Ulaanbaatar Conference in Mongolia to boost common development

  Ulaanbaatar: The Boao Forum for Asia (BFA) (BFA) Ulaanbaatar Conference to expand cooperation between Mongolia and China and advance common development in Asia and beyond has concluded. The forum, held for the first time in Mongolia, aims at helping the Chinese entrepreneurs better understand the business environment and related policies in Mongolia and implementing […]

UAE to levy 100% tax on electronic smoking devices as list of excise taxable products expanded

UAE to levy 100% tax on electronic smoking devices as list of excise taxable products expanded

  Abu Dhabi: The government of the United Arab Emirates (UAE) said it would expand the list of excise taxable products to include sweetened beverages, sugary drinks and electronic smoking devices. The measure to be implemented starting January 1, 2020 aims “to reduce consumption of unhealthy goods and modify consumers’ behaviour,” the cabinet said in […]

Taiwan tourism revenue soars to new high in Q2

Taiwan tourism revenue soars to new high in Q2

Taipei: Japanese and Chinese tourists emerged as the biggest spenders in Taiwan during the second quarter of the year, official data indicates. Tourism in the country revenue reached a record of $3.96 billion in the second quarter of the year, according to the central bank. Bank officials attributed the new quarterly high mainly to a […]

Indonesia, Africa to be huge power if united: President Jokowi

Indonesia, Africa to be huge power if united: President Jokowi

  Bali: President Joko WIdodo (Jokowi) said that Indonesia and Africa could become a huge power if they are united through concrete cooperation to boost the welfare of the peoples. “Indonesia is ready and pleased to forge cooperation with our brothers in Africa. Indonesia is your true partner, your trusted friend,” Jokowi said in his […]

China’s 1320MW coal-fired power plant commissioned in Pakistan

China’s 1320MW coal-fired power plant commissioned in Pakistan

      By Nasir Aijaz AsiaN Correspondent Islamabad: The Pakistan government has confirmed successful commercial operations of a $2 billion 1,320MW coal-fired power plant set up by the China Power Hub Generation Company (CPHGC) under the China-Pakistan Econo­mic Corridor (CPEC) project. “M/s CPHGC has successfully undergone through commissioning tests as per the agreed procedure,” […]

Samsung Electronics accounts for 20% of South Korea’s exports in H1

Samsung Electronics accounts for 20% of South Korea’s exports in H1

Seoul: Samsung Electronics Co. was responsible for 20 percent of South Korea’s total exports in the first half of this year, showing its heavy influence on the national economy, its financial report showed on Sunday. The South Korean tech giant raised 75.2 trillion won ($62 billion) in sales in the first six months of this […]

South Korea voices willingness to talk with Japan over its ‘whitelist’ move

South Korea voices willingness to talk with Japan over its ‘whitelist’ move

  Seoul: South Korea has notified Japan in advance of its plan to remove Tokyo from its list of trusted trading partners and is willing to talk with Japan further if needed, the trade minister said on Saturday. South Korea decided on Monday to remove Japan from its “whitelist” of countries that receive preferential trade […]

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