Latest Asia Pacific News
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World Bank to help develop village tracts in southern Myanmar
The World Bank (WB) will provide assistance worth of 27,000 US dollars annually for the development of village tracts in Kyunsu township, Myanmar's southern Tanintharyi Region, local daily reported Sunday.An initial assistance for three years worth of 81,000 dollars will be spent for education, health and social affairs for the township, said the 7-Day Daily.In February this year, the ...
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Lavender flowers attract tourists in Chinas Wuxi
Tourists take photos in a lavender field in Xuelangshan forest park in Wuxi, east China's Jiangsu Province, May 25, 2013. Over 100,000 lavender plants here attracted numbers of tourists. (Xinhua/Luo ...
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Move Over Japanese Yen Make Way For Chinas Yuan
By 2015 the Chinese currency, the renminbi (RMB), will be one of the three most traded currencies in the world, on par with the euro and the dollar, HSBC said on Friday. "The RMB is increasingly part of normal day-to-day business for anyone trading or investing in China," said Douglas Flint, chairman of HSBC Holdings at the Annual General Meeting in London yesterday. "Every ...
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Sino-Swiss FTA deal a springboard for China
Switzerland will be China's springboard to enter the European market, said Ding Yifan, economist of China's State Council's Development Research Center, Saturday in ...
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Landslide kills 7 in NW China
Seven people died and 12 others were injured after a landslide buried a dormitory building in Northwest China's Shaanxi province on Saturday morning. [Xinhua] ...
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In Afghan Transition U.S. Forces Take a Step Back
The Third Brigade Combat Team of the 101st Airborne Division has been training Afghanistan's security forces in an effort to help them become ...
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Light shines on renewable energy in the Pacific
A Canterbury researcher is investigating renewable energy options for Pacific island nations in a bid to cut reliance on expensive diesel generators. Many households, businesses and schools that use the expensive generators struggle to pay their power bills, University of Canterbury Pacific Studies PhD student Emily Laing said. At the Pacific Energy Summit in March, New Zealand pledged $65 ...
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Abe defends controversial war shrine visit
Japanese Prime Minister Shinzo Abe defended in an interview on Friday the right of Japan's leaders to visit a controversial shrine to war dead but hit back at critics who accuse him of revisionism. Amid the latest flare-up with China and South Korea over history, Abe quoted a U.S. scholar as comparing Yasukuni Shrine to Arlington National Cemetery near Washington, which has a section for ...
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Japanese PM says he may meet with DPRK leader
Japanese Prime Minister Shinzo Abe said Wednesday he may meet Kim Jong Un, top leader of the Democratic People's Republic of Korea (DPRK) if it could help resolve the long-pending issue of Pyongyang's kidnapping of Japanese citizens. "If a summit meeting is deemed as an important means in considering ways to resolve the abduction issue, we must take it into consideration as a ...
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U.S.-South Korea trade deal produces weak first-year results
More than a year after it took effect, a highly touted trade deal with South Korea has failed to produce as expected for the United States. Exports are down, imports are up and the trade deficit with the Asian economic powerhouse has ...
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JX Nippon KUFPEC and Santos begin oil output in Australia
(MENAFN - Kuwait News Agency (KUNA)) JX Nippon Oil and Gas Exploration Corp., a unit of Japan's top refiner, said Friday it started commercial oil production from the Finucane South field, off Western Australia, on May 16. The project is jointly owned by a local unit of state-owned Kuwait Foreign Petroleum Exploration Company (KUFPEC) and Australian upstream group Santos. Production began ...
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Japans central bank chief upbeat on monetary easing
(MENAFN - Kuwait News Agency (KUNA)) Bank of Japan (BOJ) new Governor Haruhiko Kuroda on Friday expressed confidence with effects of the central bank's drastic monetary easing to end the country's deflation that has lasted for nearly 15 years."What's most important is that the effect of our monetary easing creates a positive cycle of output, income and spending in the ...
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China is now worlds second largest moviegoing country
May 25--Related: Mayor Villaraigosa off to China to promote business Movies are bigger than ever. At least, they are in China. The nation of 1.35 billion became the second largest filmgoing market on the planet last year, its box office receipts of $2.7 billion muscling out Japan from that spot. That was a whopping 36 percent higher than the 2011 ticket sales in the People's Republic, and ...
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A historic opportunity to advance China-EU cooperation
Premier Li Keqiang has arrived in Berlin for an official visit, opening up a historic opportunity to firm up China's cooperation with Germany and the European Union (EU) at large.The China-Germany relationship is now in its best shape in history, and their fruitful practical cooperation has evolved into a paragon of China-West interaction.A telling illustration of the Beijing-Berlin close ...
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China to continue developing strategic partnership with Ecuador special envoy
The Chinese government's Special Envoy Chen Lei said Saturday that his country is willing to further develop bilateral strategic partnership with Ecuador during a meeting with Ecuadorian Minister of Foreign Affairs Ricardo Patino in Quito, the capital city of the South American country.Chen, also the minister of water resources, was here to attend Friday's inauguration ceremony of ...
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Five more private insurance companies granted to operate in Myanmar
Five more private insurance companies have been granted to operate in Myanmar, official media reported Sunday.The five companies follows the 12 given permission to run their services in September last year."The insurance market has shifted from unipolar to multi-polar system which would make the insurance market stronger," the New Light of Myanmar quoted Deputy Minister of Finance and ...
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Chinas energy demand to peak in 20 years expert
China will see its energy demand peak between 2030 and 2035 on the back of expanding industrialization and urbanization, Zhong Ziran, chief engineer of the Ministry of Land and Resources, forecast on Saturday.The country's energy consumption will grow at an annualized pace of 4.5 percent in the next 20 years, with the accumulative demand for coal, oil and natural gas at 82.6 billion tonnes, ...
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AU chairman lauds Chinas role in infrastructure development in
Stating that some Africa's partners have given priority to infrastructural development in Africa, Hailemariam Desalegn, Ethiopian Prime Minister and the chairman of the African Union (AU), on Saturday expressed appreciation to China for investing billions in the sector on the African continent.Hailemariam was speaking to a special AU summit called for the commemoration of the 50th ...
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Leftist rebel in possession of landmines arrested in S. Philippines
Philippine authorities intercepted Saturday afternoon six anti-tank improvised explosive devices (IED) from a suspected member of the leftist New People's Army (NPA) in southern city of Davao, local military said.The explosive devices or landmines were caught in the possession of Joey Atienza, 33, at Upper Mabuhay village in Paquibato District, said Lieutenant Colonel Inocencio Pasaporte, ...
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Japanese Lab Workers Exposed to Radiation
TOKYO -- As many as 55 workers at a national laboratory may have been exposed to low levels of radiation after an experiment overheated, releasing radioactive particles into the air, the agency operating the lab said ...
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Minamisanriku Tsunami-Hit Town In Japan Gets Easter Island Statue As Symbol For Recovery
Japanese high school students and carvers from Chile pose before a new 'Moai' statue (back C), modelled on the mysterious carvings at Easter Island, as it was set at the tsunami-devastated town of Minamisanriku in Miyagi prefecture, northern Japan on May 25, 2013. The giant present, a three-meter tall stone statue, crossed the ocean from Chile as the town's original was destroyed ...
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UN to strangle North Korea with brutal sanctions
The world community again demonstrated unanimity in the face of North Korea's nuclear threat. After an atomic explosion at an underground test site on February ...
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Fake Psy Party Crashes in Cannes
CANNES -- A man pretending to be South Korean rapper Psy talked his way into glitzy parties at the Cannes film festival and posed with fans until he was spotted drinking champagne by the real Psy's manager. Psy, in Singapore on Thursday night to perform at the inaugural Social Star awards, said that Scooter Braun spotted the imposter, took a photo and sent it to ...
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Rogers Signs Multi-Year Contract with Los Angeles Galaxy
Former U.S. soccer international Robbie Rogers has joined Major League Soccer's Los Angeles Galaxy, the team said on Saturday, making him the latest openly gay male athlete in an American professional team sport. Rogers, who came out in February on the same day he retired from the game, will be on the Galaxy's roster for Sunday's home match against the Seattle Sounders if his ...
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China to meet South Korea in Sudriman Cup final
China's Chen Long plays a shot during the men's singles match against Denmark's Jan Jorgensen during the semi-finals of the Sudirman Cup World Team Badminton Championships in Kuala Lumpur May 25, ...
Fiji Feature
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Fiji needs to focus more on needs of the poor
Fiji is facing a major problem with informal housing or ‘squatter colonies’, especially on the outskirts of major cities such as Savu, which draw people in with the promise of jobs and prosperity. An ongoing effort by government to provide affordable housing for low-income earners is hampered by mismanagement, a lack of funds and the reluctance to evict non-payers from their homes.
Fiji is one of the more developed countries of the South Pacific island nations, but a large proportion of the population remain in poverty and exist through subsistence means rather than through formal integration with the national economy. Read more
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