Latest Southeast Asia News
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ASEAN plans regional volunteer corps
ASEAN is looking to set up a regional volunteer corps of young professionals with three initial short-term projects slated to be carried out in Cambodia, Philippines and Indonesia this year.The proposed initiative by Brunei, was endorsed yesterday at ...
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South Korean firm bags $139m Sungai Brunei bridge contract
Daelim Industrial won a contract to build the Brunei Liquefied Natural Gas plant.The Ministry of Development and the Korean Embassy in Brunei were unable to provide further information yesterday.The report in The Korea Times said the company would be responsible for the architectural design and building of the "cable-stayed bridge", access roads, ...
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Philippines eyeing to double its tourism receipts to $8 billion in 2016
MANILA, Philippines - In line with heightened efforts to boost the country's tourism industry, the government is eyeing to double its tourism receipts to $8 billion in 2016, a tourism official said. Tourism Promotion Board chief operating officer Domingo Ramon Enerio III, in an interview with The STAR at the Puregold Sari-Sari Store Convention, said for this year alone, tourism receipts - ...
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Ministers Endorse Brunei Initiative For Regional Volunteer Corps
Bandar Seri Begawan - The Asean Ministerial Meeting on Youth endorsed Wednesday a Brunei initiative to establish a regional volunteer corps of young professionals that complements a youth volunteer programme in ...
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Thailand tourism up from January to April
International tourist arrivals to Thailand posted a growth of 19.04% during January to April this year, according to Ministry of Tourism and Sports' data. Released late last week, the ministry's research registered 8,841,730 trips to the country during the first 4 months, up from 7,427,772 visits during the same period last year. In April alone, there were 2,013,012 trips, up 19.38% ...
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Monthly IMTS Release For Timelier Indicator Of Development In Bruneis International Trade
View Comments Bandar Seri Begawan - The total trade balance figure in January 2013 showed an increase for January and a decrease for February 2013, according to statistics from the Department of Economic Planning and Development (JPKE) under the Prime Minister's Office. The department has started to release the International Merchandise Trade Statistics (IMTS) on a monthly basis. ...
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Video Undercover in a Bangladesh clothing factory
Many of the clothes sold in American stores come from factories in Bangladesh, which has a history of workplace disasters. Following the factory collapse last month that killed over 1,000 people, Holly Williams went undercover to see what the conditions are really ...
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British PM London Killing Appears to be Terrorism
British Prime Minister David Cameron says the daylight killing of a man on a south London street near an army barracks appears to be a terrorist ...
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Report Crisis stoking anti-migrant bias in Europe
A top human rights group is warning that the plight of refugees and migrants fleeing wars and economic hardship is worsening in Europe as financial turmoil and austerity stokes bias against foreigners.In its annual global report on human rights, Amnesty International points to Greece's tough new immigration laws and Italy's deportation of asylum seekers to countries where they are at ...
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President inaugurates new army chief
President Susilo Bambang Yudhoyono on Wednesday installed Lt. Gen. Moeldoko as the new Army chief of staff, replacing Gen. Pramono Wibowo, who retired.The inauguration ceremony was conducted at the State Palace and attended by several Cabinet ministers. Moeldoko was Pramono's deputy and previously served as the deputy governor of the National Resilience Institute (Lemhannas) from August ...
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Hanura to pay for candidates campaigns
The People's Conscience Party (Hanura) will provide campaign funds to its legislative candidates who will compete in 2014."We have special funds for campaign financing to individual candidates. We're looking into the party's support in every electoral region," party secretary general Dossy Iskandar said as quoted by tribunnews.com.Dossy said the amount of financial ...
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PPP nixes Munarman from legislative list
The Islam-based United Development Party (PPP) has removed the name of Islam Defenders Front (FPI) spokesman Munarman from its provisional legislative candidate list."Munarman has been replaced by Ibnu Jajar Dewantara, chairman of the PPP chapter in South Sumatra," party secretary general M. Romahurmuziy said as quoted by tribunnews.com on Wednesday. The party, he said, also cancelled ...
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HK hails the return of the duck
Hong Kong on Tuesday joyfully welcomed the return of a giant inflatable rubber duck, which drew tens of thousands of visitors before it was abruptly deflated for maintenance for almost a week. The southern Chinese city has taken the 16.5-metre-tall (54-feet) yellow inflatable duck, conceived by Dutch artist Florentijn Hofman, to its heart since it was towed into the harbour on May 2 to ...
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China Galaxy soars 11 pct in debut after $1.1 billion HK IPO
China Galaxy Securities Co Ltd rose as much as 11.3 percent in its trading debut on Wednesday after raising $1.1 billion in a Hong Kong IPO, underscoring a surge in retail investors’ demand for new listings in the city. The debut of China’s seventh-biggest brokerage, and that of Sinopec Engineering (Group) Co Ltd on Thursday, will be bellwethers for a slew of Hong Kong offerings in ...
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Why Taiwan Won’t Let The Philippines Off Easy
Veteran Taiwanese political scientist George Tsai cringes at the anti-Philippine hysteria that swept his homeland like a typhoon after May 9. That day Taiwan began its campaign for an apology from Manila over the shooting of a local fisherman. What got into us, asked George Tsai, Taiwan Foundation for Democracy vice president and professor at Chinese Cultural University in Taipei. ...
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Taiwan fares well in US’ religious freedom report
Religious freedom is ';generally respected'; in Taiwan with no major problems last year, according to an annual US Department of State report issued on Monday. Taiwan’s record was in stark contrast to that of China where – according to the report – Beijing routinely enforces laws that restrict religious freedom. Findings for last year of the International ...
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Taiwan Dollar Forwards Gain a Third Day Before Bernanke Speech
Taiwan dollar forwards rose for a third day on speculation Federal Reserve Chair Ben S. Bernanke will signal today the need to sustain stimulus policies that have spurred fund flows into emerging markets. Bernanke is due to address Congress today and the Federal Open Market Committee is scheduled to release minutes of its last meeting. Fed Bank of St. Louis President James Bullard said ...
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Kenneth Bae American Jailed In N Korea Spoke Of ‘Collapsing’ Country’s ‘Walls’ In 2009 Sermon
A 44-year-old American citizen, jailed last year in North Korea accused of seeking to topple the government, said in 2009 that he wished to ';collapse'; the ';walls'; separating North Korea from the rest of the world and that he had asked US churches to send members to worship in the hermetic communist nation. According to a recently unearthed video, Kenneth Bae, who was ...
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Fishermen free but China angry at N Korea
The North Koreans have released 16 Chinese fishermen who were captured and held for ransom for a fortnight, but the ordeal has angered its sole ally and trading partner. The owner of the fishing vessel, Yu Xuejun, confirmed the men had been set free yesterday after their boat was seized in waters between China and the rogue ...
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N Korea’s hidden labour camps exposed
Even with new leader Kim Jong-un at the helm, North Korea remains the most reclusive and closed country in the world: It is a police state inside a totalitarian system ruled by a family dynasty that encourages a cultish ideology and following. The regime controls everything. There is no free speech, free trade, fair court, no Fox News or MSNBC equivalent. Outsiders are not allowed to freely ...
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Greek PM invites China to ‘join Greece’s success story’
Officials in Brussels and Washington may view China’s global shopping spree with alarm, as the Asian power house continues to buy up companies, sovereign debt, ports, and bridges around the world. But the Greeks are already dusting off the red carpet. On a five-day visit to Beijing that ended Monday, Greek prime minister Antonis Samaras eagerly invited the Chinese to ';join ...
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Yet Another China Growth Downgrade
Another week, another downgrade as pessimism spreads about China’s economic prospects. This time it’s UBS Securities (UBS), which cut its 2013 forecast for gross domestic product expansion from 8 percent to 7.7 percent. ';Increasingly evidence suggests that growth will be weaker than we previously envisaged,'; writes Tao Wang, UBS’s chief China economist, in a May 21 ...
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China’s Li offers to help end Pakistan’s energy crisis
China and Pakistan should make cooperation on power generation a priority, Chinese Premier Li Keqiang said, as Islamabad seeks to end an energy crisis that triggers power cuts of up to 20 hours a day, bringing the economy to a near standstill. Li arrived in the Pakistan capital on Wednesday on the second leg of his first official trip since taking office in March after a visit to ...
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Chinese PM on Pakistan visit
Chinese Premier Li Keqiang arrives in Pakistan Wednesday for a two-day visit where he will meet prime minister-elect Nawaz Sharif as the long-time allies look to boost trade ties. Sharif’s Pakistan Muslim League-N (PML-N) party swept to victory in the May 11 general election on a promise to revitalise Pakistan’s struggling economy and help from its giant neighbour to the north will ...
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In film market China allures but also deters
In just a few years, China has become the world’s most enticing movie market, but the pitfalls there for foreign filmmakers are many, experts say. Censorship, bureaucracy and piracy head the roster of concerns, according to specialists interviewed in China, Hong Kong and at the Cannes Film Festival. ';China is extremely complicated when it comes to the cinema,'; said Jerome ...
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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