Latest Southeast Asia News
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Pakistan PM-elect calls for Taliban talks
Pakistan's prime minister-elect Nawaz Sharif Monday called for peace talks with Pakistani Taliban militants at war with the government, potentially charting a course that could put him at odds with the country's powerful army. Speaking to the newly elected members of national and provincial assemblies belonging to Pakistan Muslim League-Nawaz (PML-N), he said that Taliban offers to ...
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Family of dead American condemns Singapore inquiry
(16 mins ago) The family of a US scientist found hanged in Singapore last year walked out of a coroner's inquiry into their son's death today, saying they had ';lost faith'' in the proceedings. ';The prosecution brings forth witnesses at the last minute and we have no chance to question it. Basically we actually have lost faith in the process,'' Rick ...
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Myanmar Buddhist monks killers jailed
(1 hr 4 mins ago) Six Muslim men and one minor have been sentenced to jail terms ranging from life to two years in prison for involvement in the killing of a Buddhist monk during sectarian violence in central Myanmar. Thein Than Oo, a lawyer defending the men, said one of his clients was given life in prison for murder. Myat Ko Ko was also sentenced to an additional two years for unlawful ...
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Its Time to Step Up and Help the Workers of Bangladesh
The Rana Plaza factory collapse in Bangladesh in April, the world's worst garment industry catastrophe which killed over 1,000 people, has sparked intensive debate over who is to blame for the ...
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Myanmar court sentences Muslims for killing Buddhist monk during sectarian unrest
MEIKHTILA, Myanmar - A court in Myanmar sentenced seven Muslims to terms ranging from life to two years in prison Tuesday for the killing of a Buddhist monk during sectarian violence that is posing a serious challenge to President Thein Sein's reformist government. While the violence is contained for now, questions are arising over whether minority Muslims can find justice in ...
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STOCKS NEWS SINGAPORE-ComfortDelGro near 6-yr highs lifts index
stock index , after it announced plans to expand its bus operations in Australia. The company's shares rose as much as 2.4 percent to S$2.14, the highest since July 2007, after it said its subsidiary CDC Victoria Pty Ltd plans to buy privately-held Driver Group Pty Ltd for A$22 million ($21.54 million), to expand its fleet in Australia. "While the deal is relatively smaller ...
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Massive Tornado Hits Oklahoma Again
A huge tornado with 320 kilometers-per-hour winds has torn through the central U.S. state of Oklahoma, destroying homes for the second day in a row ...
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Kerry Visits Oman Seeking Syria Peace Conference
U.S. Secretary of State John Kerry meets Tuesday with the sultan of Oman, on his latest stop in a campaign to help arrange a Syrian peace ...
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Musharrafs UAE supporters prepare to fly to Pakistan for protests
Pervez Musharraf 's supporters in the UAE are preparing to fly to Pakistan to hold protests backing the former president. Talks between senior members of Mr Musharraf's All Pakistan Muslim League (APML) have taken place this weekend in Pakistan and included some based in the UAE. "We are currently trying to lay the groundwork to allow for Mr Musharraf's supporters in the ...
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Emergency Door falls off aircraft
An emergency door of Sriwijaya Air flight number SJ 039 broke off as passengers were boarding at Raja Haji Fisabilillah airport in Tanjungpinang, Riau Islands, on Tuesday.The aircraft, scheduled to depart for Soekarno-Hatta airport, Jakarta, at 7 a.m. local time, had to delay take off until the damaged door was replaced."Shortly after I took my seat, an emergency exit door in the right side ...
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Chatib Basri installed as new Finance Minister
President Susilo Bambang Yudhoyono installed Chatib Basri as the new Finance Minister at the Presidential Palace in Jakarta on Tuesday.Chatib replaces Agus Martowardojo, following the appointment of Agus as the governor of Bank Indonesia.The new Finance Minister was sworn in under Presidential Decree No.60/2013 signed on May 20, 2013.The ceremony was attended by the Vice President Boediono, ...
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Myanmar president urges end to violence
Myanmar President Thein Sein has told an audience in the US he wants a national identity which embraces people of all faiths, including ...
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Thai Sports Authority Sets Mid-July Deadline for FA Polls
(Reuters) - Thailand's sports authority has threatened to intervene if the country's football association fails to hold its presidential elections by the middle of July, local media reported on Tuesday. Last week, the Football Association of Thailand (FAT) postponed its June 15 polls to align itself with a new FIFA charter which will be ratified at a general meeting of the world ...
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Crackdown nets 800 suspects in Mekong region drugs smuggling
Police from four nations have so far detained more than 800 suspects and shut down several drug rings in a crackdown on gangs operating along the Mekong River, Chinese state media said Tuesday. The month-long operation by police from China, Thailand, Myanmar and Laos led to the arrest of 812 suspects from the four nations and Vietnam, Xinhua news agency quoted Chinese police as saying. Police ...
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Update-MoodysDevelopers to benefit from demand in Greater Jakarta
Tue May 21, 2013 3:07am EDT Lippo Karawaci, Alam Sutera Realty and Pakuwon Jati For the full text of this story please click the following ...
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Business Briefs May 21
* Phu My Hung Corporation last week held ceremony to mark its 20 years of operation in Vietnam. During the period, the firm has developed 84 projects and around 12,000 housing units. Currently, there are around 25,000 people living in Phu My Hung new urban area in HCM City’s District 7. * Electro-Voice has introduced ZLX loudspeakers of 12 and 15 inches in Vietnam with prices ranging ...
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American was murdered in Singapore says pathologist
(17 mins ago) An American scientist found hanged in Singapore last year was murdered and his death made to look like a suicide as part of a conspiracy, a US pathologist told an inquiry today. Edward Adelstein, 75, a deputy medical examiner in Missouri, contradicted Singapore police findings that Shane Todd killed himself, but admitted his conclusions were based on pictures of the body and ...
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The Asian stock indexes slipped
The appetite for risk was neutral in FX in the Far East. Most foreign currencies consolidated after profit taking boosted them on Monday from their recent losses. While the yen remains near a 4 1/-year low, the Aussie is attempting to separate itself from an eleven-month low. The Asian stock indexes slipped. The short-term outlook for most foreign currencies is sideways. The medium-term outlook ...
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Indonesia inflation may accelerate to 7
Although inflation-indexed bonds prove beneficial during times of high inflation, they underperform when the economy goes through a deflationary ...
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Chevron nears sale of Egypt Pakistan downstream assets -sources
By Dinesh Nair DUBAI | Tue May 21, 2013 2:16am EDT DUBAI May 21 (Reuters) - Chevron Corp is in advanced talks to sell its downstream assets in Egypt and Pakistan, three sources said, with the planned disposals seen raising around $300 million for the U.S. oil major. Chevron, the second-largest U.S. oil company, is conducting a separate sale process for its assets in both countries, the ...
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Yasir Feri Ismatrada A noodle maker with social mission
The product is known as mi lethek, meaning dull or ugly noodles. Yasir Feri Ismatrada, who carries on the noodle business of his late grandfather Haji Umar Bysir Nahdi in Bendo village in Trimurti Srandakan, about 30 kilometers southwest of Yogyakarta, feels comfortable with the name."Mi lethek is far more famous than the brand name we've used, Garuda. Although it gives the idea of ...
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Increased demand for test-tube babies
With increasing numbers of couples in Indonesia turning to in-vitro fertilization (IVF), also known as test-tube babies, doctors and clinics across the country have been doing their best to respond to the demand.According to a report from the Indonesia Association for In-Vitro Fertilization (Perfitri), there were a total of 3,581 IVF cycles last year, up from 3,000 in 2011 and only 1,500 in ...
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Indonesia beats India in qualification
Paper Edition | Page: 19 The Indonesian team passed the first obstacle by winning 4-1 against India in the group A qualification round of the 2013 Sudirman Cup on Monday at Putra Stadium, Bukit Jalil, Kuala Lumpur.The result has secured Indonesia a slot in the quarterfinals, regardless of the result of Tuesday's match against defending champion China.India, which lost 0-5 to China on ...
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Local miners aim for shared-smelters
Paper Edition | Page: 14 Local mining firms are aiming to develop smelters that they can use to process raw mineral ores following a 2012 energy and mineral resources Ministerial Regulation on mineral processing.Zulhanar Usman, secretary-general of the newly established Association of Miners in Regions (ASPPERDA), whose members currently comprise 10 small domestic mining firms, said on Monday ...
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Analysis Floods fail to dampen confidence
The KADIN-Roy Morgan Consumer Confidence index rose sharply to 155.6 in April, up 3.7 points from the previous month. The index now stands a massive 16 points higher compared to a year ago in April 2012 when it registered 139.6.April's rise was driven primarily by increasing confidence in regards to the purchasing of major household items as well as increasing confidence in the Indonesian ...
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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