Category: Economic
Jeju Air to acquire Eastar Jet, portending overhaul in low-cost airline sector
Seoul: Jeju Air Co., South Korea’s biggest low-cost carrier, said Wednesday it has signed an initial pact to acquire smaller LCC Eastar Jet, heralding a shake-up in the country’s airline […]
Chinese visitors to Gulf countries to increase 54% by 2023
Dubai: The number of Chinese tourists travelling to the Gulf Cooperation Council (GCC) is expected to increase by 54% from 1.4 million in 2018 to 2.2 million in 2023, growing […]
South Korea to grant smaller firms one-year grace period for 52-hour workweek implementation
Seoul: South Korea plans to give a one-year grace period to the country’s small and medium-sized enterprises (SMEs) in adopting the 52-hour workweek system, the labor ministry said Wednesday, […]
Locust swarms destroy vegetation, crops in Sindh province of Pakistan
By Nasir Aijaz AsiaN Representative Karachi: Locust swarms’ attacks have caused serious damages to the standing crops in 11 districts of Sindh province including the suburban areas of Karachi, the […]
Hong Kong clash with destiny
By Ivan Lim Contributor to AsiaN Singapore: Singapore: A divisive Hong Kong has settled into an uneasy calm following last Sunday’s district-level elections. The momentum from close to six months […]
Bahrain, Saudi Arabia causeway marks 33 years of operations
By Habib Toumi Manama: King Fahad Causeway, a series of bridges and causeways that link the island of Bahrain and Saudi mainland, today marks 33 years. The causeway, Bahrain’s only […]
Malaysia shows interest in South Korea’s advancement in aerospace
Sacheon: Malaysia is interested with the progress and development achieved by South Korea in the aerospace industry, Prime Minister Tun Dr Mahathir Mohamad said. Speaking during his visit to Korea […]
Kazakhstan to modernize over 3,000 villages by 2024
Nur-Sultan: Kazakhstan plans to modernize 3,477 villages by 2024 in accordance with new regional standards, First Deputy Prime Minister Alikhan Smailov has said. Under the plan, drinking water, repaired roads […]
Central Asian leaders to meet in Tashkent
Tashkent: The expansion of regional cooperation between the Central Asian states across several sectors will be high on the agenda of the second consultative meeting of heads of Central Asian […]
Emirates firms up $8.8 billion order for 30 Boeing 787s at 2019 Dubai Airshow
Dubai: Emirates, the world’s largest international airline, has signed a full purchase agreement for 30 Boeing 787-9 aircraft, worth $8.8 billion at list prices, at the Dubai Airshow […]