Category: Economic
Luxury fashion powerhouses rush into South Korean market
Seoul: When it comes to purchasing luxury and premium products and services, South Koreans are almost on par with other major countries. Indeed, South Koreans’ love for luxury goods is […]
Korea, Japan fail to narrow differences in trade talks
Geneva: South Korea and Japan failed to narrow their differences in a second round of talks Tuesday aimed at resolving their dispute over Tokyo’s export restrictions, Seoul’s chief negotiator said. […]
Airlines to cut fuel surcharges on international routes in December
Seoul: South Korean airlines will lower their fuel surcharges on international routes in December to mirror a fall in jet fuel prices, industry sources said Monday. The surcharges for one-way […]
South Korea to build 30,000 smart factories to deal with demographic change
Sejong: South Korea will build 30,000 smart factories and 10 smart industrial zones by 2022 as part of efforts to deal with a looming decline of the country’s working-age population, […]
Moon views Busan summit with ASEAN as midterm review of New Southern Policy
Seoul: President Moon Jae-in on Tuesday emphasized the significance of two upcoming summits with Southeast Asian nations in Busan for his administration’s signature New Southern Policy, as he had a […]
South Korea finances establishing three hospitals in Pakistan
By Nasir Aijaz AsiaN Representative Karachi: The Republic of Korea on Monday agreed to provide a US$300 million soft loan for financing establishment of three hospitals in Pakistan’s southern Sindh […]
Emirates Group announces $320 million profit
Dubai: The Emirates Group said its revenue for the first six months of 2019-20 was $14.5 billion, down 2% from $ 14.8 billion during the same period last year. This […]
Mahathir: If they do something not nice to us, we have to be un-nice to them
Bangkok: When Dr Mahathir Mohamad spoke at a dialogue session at the ASEAN Business and Investment Summit (ABIS) last Saturday on the sidelines of the just concluded 35th ASEAN Summit […]
ASEAN, Bahrain partnership maturing through Treaty of Amity and Cooperation
By Habib Toumi Manama: What does in an international treaty with ten countries mean? A lot. stronger relations, common approaches, closer strategic dimensions, mutual benefits and support at various levels […]
Bahrain accedes Treaty of Amity and Cooperation in Southeast Asia
By Habib Toumi Bangkok: Bahrain signed the Instrument of Accession to the Treaty of Amity and Cooperation in Southeast Asia (TAC) in Bangkok. Minister of Foreign Affairs Shaikh Khalid bin […]