Latest Southeast Asia News
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New Head For US Central Bank
WASHINGTON -- U.S. President Barack Obama says Ben Bernanke has done an "outstanding" job leading the central bank and coping with the worst recession in decades. But some analysts say Obama is likely to appoint someone else to head the Federal Reserve in a few months. analysts have mixed opinions about Bernanke's efforts. President Obama praised Ben Bernanke during a recent ...
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Green ‘ondel-ondel’ to enliven Jakarnaval
Paper Edition | Page: 9 At least 1,500 performers will take part in this year's Jakarnaval, slated to be held on June 30 in Central Jakarta. The annual carnival, which is part of a series of festivities to mark Jakarta's 486th anniversary, will also welcome participants from outside the capital, including Central Java, West Java and Kalimantan.Governor Joko "Jokowi" Widodo ...
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Police ready for entertainment crackdown during Ramadhan
Paper Edition | Page: 9 The Jakarta Police are preparing for violations by entertainment businesses and hard-line groups to ensure the Ramadhan month and Idul Fitri celebrations are peaceful.Jakarta Police's intelligence subdirectorate head Adj. Sr. Comr. Titik Valentina said on Tuesday that the police would monitor entertainment businesses, which had to adjust their operation times, and ...
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Zero tax for eco-cars may worsen traffic
Paper Edition | Page: 9 The newly issued government regulation to provide special tax breaks for so-called eco-friendly vehicles may only exacerbate traffic in the capital if authorities fail to take preventive measures, observers say. The tax breaks, which slash taxes to as low as zero percent, will lead to massive vehicle purchases as the selling price could go very low, according to city ...
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Reckless driver gets 3 years in prison
Paper Edition | Page: 9 The South Jakarta District Court sentenced Andika Pradipta, 27, to three years in prison on Monday following his involvement in a fatal collision, which killed two people and injured five in December 2012.The verdict was one year longer than was sought by prosecutors, but far lighter than the maximum sentence of 12 years as stipulated in Article 311 of Law No. 22/2009 on ...
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Misbakhun drops out of BPK race
Golkar Party politician M. Misbakhun has quit the race for the membership of the Supreme Audit Agency (BPK), saying he would rather focus more on his legislative bid.The presence of Misbakhun, a former lawmaker who is also a graft convict, in the race, had raised concerns over the quality of the selection process for the BPK post.The House of Representatives Commission XI on financial affairs is ...
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Sustainable development in an increasingly warming world
Paper Edition | Page: 6 Fueled by technological innovations and globalization, in the last two decades the world's economic growth has lifted more than 660 million people out of poverty and has raised the income level of millions more. However, such growth has too often come at the expense of the environment. As the world population has tripled and the global economy expanded tenfold over ...
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Fuel-price hike has to wait
Indonesians may have a few more days to enjoy their gasoline at one of the world's cheapest levels, as the government still needed to complete certain technical matters before implementing the fuel-price increase, a senior government official has said."The government will increase the price of subsidized fuel but we will need time. The approval from the House of Representatives must be ...
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PKS is now an opposition party Dems
Paper Edition | Page: 1 The ruling coalition has deemed the Prosperous Justice Party (PKS) an opposition party following its rejection on Monday of the government's proposed revised state budget, which will give President Susilo Bambang Yudhoyono's administration the legal authority to raise the prices of fuel.Although Yudhoyono has yet to officially dismiss the PKS from the ...
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Bolivian girl mauled by dog to fly to US for help
OAKLAND PARK (CBS4) – A 5-year-old girl is in critical condition after Broward Sheriff’s Office deputies say she fell out of the window of her seventh story apartment. BSO spokesperson Mike Jachles told CBS4′s Carey Codd that there were two adults and three children in the condo Friday night when the 5-year-old girl was put to ...
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Asia Roundup Mixed as US Fed prepares for meeting
Asian markets were mixed yesterday, Tuesday June 18 2013 with traders sitting on the sidelines as they await the US Federal Reserve’s plans for its stimulus programme. The dollar enjoyed another positive day, with Wall Street also providing a strong lead thanks to upbeat US housing data. Tokyo stocks dropped 0.20 per cent, or 25.84 points, to 13,007.28, after jumping 2.73 per cent the ...
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Singapore sets up committee to develop infocomm masterplan
The government of Singapore has set up a committee to develop a national masterplan for the information and communications sector as well as the media, authorities said on Tuesday.The Infocomm Media Masterplan Steering Committee is expected to spend the next two years working with the private and public sectors on the masterplan.The committee, which has 14 members, is led by Koh Boon Hwee, who ...
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Vietnam China have huge potentials for cooperation Vietnamese President
Vietnam and China "have huge potentials for further speeding up cooperation in the future," Vietnamese President Truong Tan Sang, who will start his three-day state visit to China from Wednesday at the invitation of Chinese President Xi Jinping, said in an interview with Xinhua and other Chinese media on Tuesday."Vietnam and China are close neighboring countries. The two peoples ...
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FIFA World Cup Asian qualifying results
Following are the results of FIFA World Cup Asian qualifiers on Tuesday:At SydneyAustralia 1, Iraq 0At SeoulSouth Korea 0, Iran 1At TashkentUzbekistan 5, Qatar 1Note: Australia, South Korea and Iran have qualified for the World Cup ...
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French amphibious assault vessel visits Vietnam
The French Navy's most modern amphibious assault vessel, Tonnerre, docked at Baria Serece port in Vietnam's southern coastal Ba Ria-Vung Tau province on Tuesday, Vietnam's state-run news agency reported.Tonnerre along with the anti-submarine frigate Georges Leygues, which docked at Ho Chi Minh City's port, are visiting Vietnam as part of activities to mark the 40th ...
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Ex-UNESCO chief visits Cambodias World Heritage Preah Vihear temple
Koichiro Matsuura, ex-director general of the United Nations Educational, Scientific and Cultural Organization (UNESCO), on Tuesday visited Cambodia's Preah Vihear temple, a world heritage site, a Cambodian spokesman said.Dim Sovannarom, spokesman for the 37th session of the World Heritage Committee (WHC), said that Koichiro Matsuura, accompanied by Dr. Jiang Mingjun, President of the ...
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Singapore Airlines May 2013 operating results
The operating results for May 2013 are given in the table below: In May 2013, Singapore Airlines' system wide passenger carriage (measured in revenue passenger kilometres) increased 1.3% on the back of 3.1% growth in capacity (measured in available seat kilometers). Consequently, passenger load factor (PLF) fell by 1.2 percentage points to 74.6%. The number of passengers carried ...
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Over 140 joint ventures invest in Myanmars oil gas sector
The number of joint ventures between local and international energy companies now exceeds 140 say officials from Myanmar's Ministry of Energy. According to Myanmar's most recent foreign investment law, foreign companies are generally required to make joint ventures with local companies in order to invest in the oil and gas sector. On June 12, a total of 145 joint ventures have been ...
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Myanmar sees promising growth in clothing industry
Myanmar's clothing industry is expected to grow as a result of the country's readmission to a preferential EU trading scheme, according to sources from the industry. The European Union readmitted Myanmar to its trade preference scheme on June 12 which grants developing nations preferential access to the 27-nation bloc for several products in the form of lower tariffs. "This is a ...
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Indonesias top college in spotlight for corruption
on Monday at his office. He was referring to Gumilar. Manneke said that a university must be managed differently to a company, which would mainly focus on profit. He added that a university should focus more on building the capacity for research and scholarships, not on developing buildings, as was done by Gumilar. Gumilar was accused of overseeing a corrupt bureaucracy at UI and he failed to ...
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Australias Wilful Blindness On Sri Lanka
A Sri Lankan woman and her son were released from detention after their ASIO assessment was reviewed. Lawyer Elizabeth O'Shea acted for the family - and says it is not a victory for the ...
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Obama to Speak at Berlins Brandenburg Gate
BERLIN -- U.S. President Barack Obama is in Berlin, where he will speak Wednesday at the historic Brandenburg Gate and meet with German Chancellor Angela Merkel. The president arrived in Berlin after two days at the Group of Eight summit in Northern Ireland, where the leaders focused much of their attention on efforts to end the bloody conflict in Syria. Obama and six other world leaders ...
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Berlins Brandenburg Gate Backdrop to Decades of US-Europe Ties
U.S. President Barack Obama is visiting Berlin this week, where he will speak at the historic Brandenburg Gate. The gate is not just one of Germany's emblematic symbols; it also chronicles the recent history of the European relationship with the United States. It has been the backdrop of U.S. presidential speeches in Germany for decades. The Brandenburg Gate is one of Berlin's ...
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Brazil President Rousseff Salutes Protests
SAO PAULO -- President Dilma Rousseff on Tuesday sought to defuse a massive protest movement sweeping Brazil, acknowledging the need for better public services and more responsive governance as demonstrations continued in some cities around the country. Speaking the morning after more than 200,000 Brazilians marched in over a half-dozen cities, Rousseff said her government remains committed ...
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Chinese State Official Accused of Spending Lavishly on Mistress
A Chinese government official is facing accusations of supporting a mistress with extravagant spending beyond his modest salary, in the latest sex scandal to hit the ruling Communist Party. The scandal erupted Friday, when a 25-year-old female presenter for Chinese state television announced on her blog that she had a four-year affair with the deputy director of China's state archives, ...
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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