Latest Southeast Asia News
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Last bodies recovered from Indonesia mine collapse
Papua Rescuers have recovered the last seven bodies from a collapsed mine tunnel in Indonesia's Papua province, taking the accident's final toll to 28.A statement from the Indonesian subsidiary of Freeport-McMoRan says the final victims have been recovered and identified.The rescue team "recovered and identified the last of the remains of the buried workers early this ...
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AirAsias profits hit by financing costs
KUALA LUMPUR (Reuters) - Malaysia's AirAsia Bhd (AIRA.KL), Southeast Asia's biggest budget airline by passenger traffic, posted a 39.23 percent fall in first-quarter profits on Wednesday, hurt mainly by higher finance costs and a foreign exchange loss on borrowings. AirAsia earned 104.79 million ringgit in the three months ended March, down from 172.44 million ringgit in the same ...
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Welegedara blow for Sri Lanka
Colombo - Sri Lanka left-arm fast bowler Chanaka Welegedara has been ruled out of the Champions Trophy starting in England and Wales next month with an ankle ...
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Philippines Officials Aim to Reduce Carangan Creek Pollution
Trash traps made of fabricated steel have been installed by the Ecological Strengthening Through Environment Rehabilitation and Orientation (ESTERO) project of the Misamis University Community Extension Program (MUCEP) in Carangan Creek, Ozamiz ...
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Chinese premier praises relationship with Pakistan in glowing terms at start of 2-day visit
A man walks next to huge portraits of Chinese Premier Li Keqiang, right, and Pakistani President Asif Ali Zardari, left, displayed near the presidency in Islamabad, Pakistan. Keqiang will arrive in Islamabad on May 22 on a two day official visit to hold talks with Pakistani leadership to discuss international, regional issues and enhance co-operation in bilateral ties. (AP Photo/Anjum ...
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Nestle expands Singapore RD amid Asia market growth
Photo from http://www.nestle.com.sg/ GENEVA -- Swiss-based global food giant Nestle said Wednesday that it had expanded its research and development operations in Singapore, amid robust Asian market growth. Nestle said that it invested almost 4.0 million Swiss francs (3.2 million euros, $4.1 million) to extend its research facility, and would this year add 20 jobs to the current team of 100. ...
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Uganda Sri Lanka Uganda Agree to Stronger Links
Kampala - Uganda signed a bilateral trade partnership with the Democratic Socialist Republic of Sri Lanka last week. President Mahinda Rajapaksa was in Uganda to hold talks with President Yoweri Museveni and meet a cross section of the business community. He also officially opened the new Sri Lanka High Commission in Kampala. This is expected to strengthen the diplomatic and business ...
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Mattress maker Kingsdown to sell in Indonesia
Mattress-maker Kingsdown Inc. has signed a licensing deal to begin selling its products in Indonesia, according to Furniture Today. The Mebane-based Kingsdown will partner with the Massindo Group, a large Indonesian mattress and furniture producer. As part of the agreement, Massindo plans to open five retail Sleep Centers this year featuring Kingsdown products. Kingsdown is working to ...
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More Fighting in DRC City Ahead of Bans Arrival
Wednesday's fighting outside the city of Goma marks the third straight day of clashes between the Congolese army and rebel group M23. Witnesses say an artillery round landed in Goma's Ndosho neighborhood, killing one person and injuring three others. There was no indication which side launched the round. Mr. Ban arrived in the DRC capital, Kinshasa, on Wednesday, at the start ...
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Hospitals cancel withdrawal from healthcare program
As many as 14 private hospitals that previously expressed their intention to withdraw from the Kartu Jakarta Sehat (KJS) healthcare program are now saying that they will stay following the city administration's plan to evaluate the program. "The 14 hospitals have agreed to stay with us and we are going to thoroughly evaluate the whole program within the next month," Jakarta ...
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Two drug dealers arrested in Jambi
Jambi Police have arrested two drug dealers in separate operations on Tuesday.Jambi Police's narcotics unit director Sr.Comr.Irawan David Syah said that the two drug dealers - Ardiansyah, 32, and Dadang, 30 - were both former convicts.Dadang was apprehended at the Taman Jaksa area, Telanaipura district, Jambi City, on Tuesday."We confiscated around half an ounce of marijuana from the ...
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South Korean investors to build steam power plant in Jambi
Jambi governor Hasan Basri Agus unveiled that the South Korean government has agreed to build a steam power plant (PLTU) in Tebo regency, Jambi. The agreement, he said, resulted from his visit to the country earlier this month. "This is a G to G cooperation but the project will be carried out in Jambi," he said. The power plant is expected to be able to produce 400 megawatts of ...
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Mt Sangiang Api on alert
Volcanology and Geological Disaster Mitigation Center raised the status of Mount Sangiang Api in Sangiang Island, Bima regency, West Nusa Tenggara (NTB), to alert after volcanic activity continued to increase over the past two weeks.Local residents and visitors have been warned to stay outside a 5-kilometer radius from the crater. The mountain has been closed to climbers.The head of Mt. Sangiang ...
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Axiata eyes Axis Indonesia takeover bid
Malaysia-based Axiata Group is said to be considering a bid for mobile network operator PT Axis Telekom Indonesia, according to unnamed sources who claim to have knowledge of the matter. The three people, who wish to remain anonymous as the information is 'private', claim that the takeover bid could be mounted through Axiata's Indonesian ...
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Huawei demonstrates LTE-TDD in Indonesia
Chinese equipment manufacturer Huawei Technologies this week demonstrated 4G Long Term Evolution Time Division Duplex (LTE-TDD) technology in Indonesia, showcasing its services as part of its bid to enhance its commitment to the country's ...
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Japanese firms to roll out Myanmar fibre
NEC have concluded a deal with the Myanmar government for the deployment of a fibre-optic network linking three major cities, ZDNet reports. The deal will see the trio of Japanese vendors install a 30Gbps backbone linking Yangon, Mandalay and Naypyitaw, as well as rolling out fibre-based networks (FTTx) within those cities, capable of transmission speeds of up to 10Gbps. The project is to be ...
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Vatican releases 1st report of financial watchdog
VATICAN CITY -; The Vatican has taken another step in trying to show greater financial transparency by publishing a first annual report from its new financial watchdog ...
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Talisman Begins Oil Production at HSTHSD Offshore Vietnam
Talisman Energy reported Wednesday that first oil production has been achieved at its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 barrels per day once the facilities are fully commissioned. The HST/HSD development comprises two offshore oil fields in Block 15-2/01 on the western edge of Vietnam's prolific Cuu Long Basin. ...
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Philippines investigation team on shooting incident to leave for Taiwan
The Philippines will soon send an investigation team to Taiwan to gather evidence on the death of a Taiwanese fisherman killed by the Philippine Coast Guard (PCG), Justice Secretary Leila de Lima said Wednesday."The team will be leaving very soon," de Lima told reporters Wednesday, but she would not confirm when the team would exactly leave for Taipei, explaining that is because the ...
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Premier Li visits Pakistan
A soldier walks near a bus as he helps to secure the area and clear the roads before the motorcade of Chinese Premier Li Keqiang passes by in Islamabad May 22, 2013. ...
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Pakistan court rejects Musharraf bail in judges case
Pervez Musharraf over the detention of judges during his 1999-2008 rule, the state prosecutor said. The ruling came two days after a court granted bail to Musharraf over the murder of former prime ...
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Clothes for the West Inside a Bangladesh factory
A month after the deadly factory collapse in Bangladesh, that killed more than a thousand people, ITV News visited one of the factories in Dhaka that makes clothing for the west. ITV's Laura Kuenssberg ...
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Pakistan cricketer Khan leaves hospital after election rally plunge
Imran Khan lefta hospital in Lahore, Pakistan, on Wednesday, more than two weeks after he suffered serious back injuries in a fall from a forklift at an election event. (Shaukat Khanum ...
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SE Asia’s forests Development’s victims
One of the world's hotbeds of biodiversity, the forestland of Southeast Asia, is being sacrificed on the altar of development and global capitalism. A spate of all but unrestrained development projects across SE Asia - from Burma to Vietnam to Indonesia, Thailand, Cambodia and Laos - is spelling doom for the region's tropical forests and the uniquely rich ecosystems they ...
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PMs visit to Thailand to accelerate ties Indian envoy
BANGKOK: India's accelerating ties with Thailand will get a further boost with Prime Minister Manmohan Singh's brief but comprehensive visit here next week, but the long awaited FTA will not be initialled during the trip, Indian envoy to the country has said. "Thailand is keenly looking forward to this visit," Indian Ambassador to Thailand Anil Wadhwa said, adding ...
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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