Latest Southeast Asia News
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Singapore Economy Unexpectedly Expanded on Services Growth
Singapore’s economy unexpectedly expanded last quarter as services and construction strengthened, reducing pressure on the central bank to ease monetary policy to boost growth. Gross domestic product rose an annualised 1.8 percent in the three months through March from the previous quarter, when it grew 3.3 percent, the trade ministry said in a statement today. That compares with an ...
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China supports Pakistans growth
/enpproperty--> The Chinese government will stick to its friendly policy toward Pakistan and support the South Asian nation in realizing stability and better development, Premier Li Keqiang said on Thursday. Li was speaking during a meeting with Pakistani military leaders including Chairman of Joint Chiefs of Staff Committee General Khalid Shameem Wynne, Chief of Army Staff General ...
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US markets fail to follow Asian share slide
United States Global markets fell sharply on concerns about Chinese and European growth, but Wall Street failed to follow.The Dow Jones ended down just 13 points to 15,295 and the S&P 500 lost 0.3 per cent to 1,650.The falls were relatively small compared to Asian markets yesterday.Japan's Nikkei led the way down, dropping 7 per cent after a leading report by HSBC showed Chinese ...
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Pakistan to benefit fromChinese hybrid rice technology
BEIJING, China - Pakistan wants to benefit in the field of agriculture and particularly in enhancing rice production by employing Hybrid rice technology developed by an expert from Hunan province, said Pakistans Ambassador to China, Masood Khan. Pakistan largely benefited from the Hybrid rice seeds developed by Professor Yuan Long Ping, who is popularly known as Father of Hybrid Rice, said ...
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Malaysia Wanning Association delegation visits Sanya
On the evening of May 21st, Sanya’s Deputy Mayor Gu Jingqi met with a 13-person delegation from Malaysia (Hainan) Wanning Association led by President Datuk Wu Shi Cai at the Sanya Shanhaitian Hotel. Mr. Gu warmly welcomed the delegation and explained the development of Sanya’s economy and society, and said that he and the president Mr. Wu have enjoyed a good relationship for many ...
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US Forecasters Predict Busy Atlantic Hurricane Season
The National Oceanic and Atmospheric Administration said Thursday there is a 70 percent chance that 13 to 20 named storms will form in the Atlantic Ocean this season. It says as many as 11 of them could strengthen into hurricanes -- storms with winds of 119 kilometers per hour or higher. The forecasters say they cannot predict if any of those storms will strike land. NOAA says warmer than ...
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Forcast Above-Average Storm Activity Likely During 2013 Atlantic Hurricane Season
The 2013 Atlantic Hurricane season could be busier and deadlier than average, according to predictions released Thursday by the National Oceanic and Atmospheric Administration or NOAA. The six-month seasonal outlook for Atlantic storms will be above average says Jerry Bell, lead Atlantic hurricane forecaster with NOAA’s Climate Prediction Center. "The outlook is calling for 13 ...
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UN 22 deaths worldwide from coronavirus
The World Health Organization says there are now 22 deaths worldwide out of 44 lab-confirmed cases of the new coronavirus.WHO officials have reported another fatal case of the Middle East respiratory syndrome coronavirus, or MERS, in central Saudi Arabia, but say it is not related to the cluster of cases reported from the country's east.The U.N. health agency said in a statement Thursday, ...
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Pakistan Ireland tie in Dublin
Pakistan and Ireland played out a thrilling tie in the first one-day international at the Clontarf Cricket Club Ground, Dublin on Thursday.A knock of 84 from Asad Shafiq and Mohammed Afeez's 122 not out set the tone for the tourists, as they posted 266 in an innings reduced to 47 overs by rain.The weather interruption left Ireland needing 276 to win by virtue of the Duckworth-Lewis method, ...
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Fmr. Pakistani PM Sharif Returns to Power
Former Pakistani Prime Minister Nawaz Shaif is set to return to office after an overwhelming victory in weekend parliamentary elections. Sharif was ousted in a military coup. His latest victory comes as some say relations between the United States and Pakistan are deteriorating. In a post-election interview with ...
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In Indonesia football is kicked around by political parties
More than 60,000 people packed into Gelora Bung Karno Stadium in Jakarta on a recent Saturday night to see the national football team play. Another 100 million tuned in to television to watch the match, underlining the appeal of football in Indonesia where attendance rivals the top English and German football leagues. Among the fans are two of Indonesia's most powerful people - President ...
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Standard Chartered Taps Asean’s Rich for Growth Southeast Asia
Standard Chartered Plc (STAN) , which generates more than three quarters of operating profit in Asia, will tap rising demand for wealth management products in Southeast Asia to bolster growth, Chief Executive Officer Peter Sands said. Standard Chartered is "very positive about Asean as a whole," Sands, 51, said in an interview, referring to the 10-member Association of Southeast ...
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US chides Indonesia over attacks on religious minorities rights groups seek tougher response
WASHINGTON - The U.S. is expressing concern over increased attacks on religious minorities in Indonesia, but human rights groups accuse Washington of playing down the problem as it looks to forge stronger relations with Jakarta. Muslim-majority Indonesia has emerged as Southeast Asia's most robust democracy since the fall of longtime dictator Suharto 15 years ago. But recent years have ...
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ODD NEWS Crane accident cuts power to one-third of Vietnam
Having read the news item "Jordan’s ambassador to Macedonia presents credentials" (The Jordan Times, May 23, 2013), I would like to stress that no such country is a member of the United ...
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Muslim hard-liners ID suspect in London attack
LONDON (AP) -- A man seen with bloody hands wielding a butcher knife after the killing of a British soldier on the streets of London was described as a convert to Islam who took part in demonstrations with a banned radical group, two Muslim hard-liners said ...
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Syrias Civil War Fuels Violence in Iraq
Ominous ties are emerging between skyrocketing sectarian violence in Iraq and Syria's civil war. Analysts say al-Qaida-linked militants are flowing back and forth from both countries and are seeking to use religious differences to bring down the government, not only in Damascus, but also in Baghdad. Iraqis are witnessing the worst violence to rock their country in five years. Bombings ...
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African Progress Panel Urges Leaders to Exploit Resources
ADDIS ABABA -- As the African Union celebrates the 50th anniversary of its founding, a group of respected leaders and activists led by former U.N. Secretary-General Kofi Annan is urging African leaders to maximize the continent’s natural resource potential. The African Progress Panel ...
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South Sudans President Says Never to ICC
South Sudan President Salva Kiir (L) meets his Kenyan counterpart Uhuru Kenyatta, who is on his first visit to the region as head of state, in Juba, South Sudan, May 23, ...
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Obamas Hasty Push for Reconciliation With Burmas Thein Sein
The fast pace of rapprochement between Burma and the United States continued this week with the visit of Burma's president Thein Sein to Washington, where he met with President Obama and congressional leaders and signed a trade agreement. At the same time, political reform in Burma has slowed to a crawl. In its haste to pursue a closer relationship with Burma, the administration risks ...
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Thailands April exports grow to USD18.7b
(MENAFN) Thailand's total exports rose 10.5 percent to USD18.7 billion in April on yearly basis, reported Xinhua News citing the Thai Ministry of Commerce.The ministry said that during the first 4 months, the country's total exports rose to USD75.67 billion.It attributed the higher exports to a growth in the industrial sector and a slight fall of the baht.It's worth noting that ...
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Singapores April industrial production grows 4.7
(MENAFN) Singapore witnessed a 4.7-percent growth in industrial production in April on year, reported Xinhua News citing the city- state's Economic Development Board (EDB).Biomedical production was the only industry to face a decline, which reached 2.7 percent during the month.April's figure is compared with a 3.8-percent fall in March and a 16.3-percent decline in February.It's ...
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Pan Pacific Petroleum days from spudding Vietnam offshore oil and gas well
(MENAFN - ProactiveInvestors - Australia) Pan Pacific Petroleum (ASX: PPP) is poised to participate in the drilling of up to three wells in the Nam Con Son Basin offshore southern Vietnam.The Ocean General semi-submersible drilling rig is now on tow to Block 121, operated by Origin Energy (ASX: ORG) to drill the Ca Voi-1X well targeting the large Whale Prospect.Ca Voi-1X is expected to spud ...
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Otto Energy to drill Philippines oil development wells in June
(MENAFN - ProactiveInvestors - Australia) Otto Energy (ASX: OEL) expects to spud the first of two Galoc Phase II in June with the mobilisation of the Ocean Patriot semi-submersible drilling rig to the Galoc oil field offshore Philippines.The rig is currently under tow from Singapore and is expected to arrive on site in early June. After it is anchored, it will proceed to spud the Galoc-5H and ...
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Singapores economy grows 0.2 in Q1
(MENAFN) Singapore's Ministry of Trade and Industry (MTI) announced that the city-state's economy expanded in the first quarter by 0.2 percent from a year before, reported Xinhua News.The figure is revised from the 0.6-percent decline estimated previously in April.Furthermore, it's compared with a growth of 1.5 percent recorded in last year's fourth quarter.On quarterly ...
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Asif Ali Zardari likely will lose Pakistan’s presidency – and immunity from prosecution
ISLAMABAD - Pakistan’s president, Asif Ali Zardari, will certainly lose his job in September – and like his predecessor, retired Gen. Pervez Musharraf, he’s likely to face criminal charges under the government of newly elected Prime Minister Nawaz Sharif. Zardari has lived with the virtual inevitability of facing charges of corruption since 2009, when Pakistan’s ...
South East Asia Digest
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Southeast Asia's growing prominence in world trade
Southeast Asia has been, for many centuries, a major part of world trade and the recent recession has not hampered this position as the region is recovering much faster than many more developed countries.
Southeast Asia, although geographically large, covering an area of around 5 million square miles, is comparatively small economically in relation to the number of people that inhabit the area. The Southeast Asian region is home to over 500 million people and yet the region’s GDP is just US$1.5 trillion, or around US$2,500 per person annually. Read more
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