ECONOMY

S.Korean president meets with Alibaba’s Ma Yun

Seoul – South Korean President Park Geun-hye met on Monday with Ma Yun, founder and chairman of China’s leading e-commerce company Alibaba Group Holding, agreeing to boost e-commerce cooperation between the two countries. The topic on their agenda: Strengthening cooperation on … Continue reading S.Korean president meets with Alibaba’s Ma Yun

Indonesia: Tremendous foreign investment after election

Jakarta – Indonesia has recorded tremendous figure of foreign investment in share trading portfolio up to 55.5 trillion rupiah (about 4.75 billion U.S. dollars) following conclusion of a peaceful election, a senior official overseeing national stock exchange said here on Monday. … Continue reading Indonesia: Tremendous foreign investment after election

Australia plays down impact of Russian import ban on agricultural industry

Canberra – The Australian government played down the impact of Russia’s import ban on agricultural products from Australia, saying Australian agriculture “remains strong”. A joint statement by Australian Trade and Investment Minister Andrew Robb and Minister for Agriculture Barnaby Joyce expressed … Continue reading Australia plays down impact of Russian import ban on agricultural industry

Malaysia: New free trade zone engine of economic development

Kuala Lumpur /  Beijing – Malaysia Port Klang Free Trade Zone will be a new engine of regional economy, said Ong Chong Yi, Minister Counsellor (Economic) of Malaysian Embassy in China on Monday. He made the statement at the “promotion meeting … Continue reading Malaysia: New free trade zone engine of economic development

Canada will open ASEAN mission in Jakarta in 2015

Jakarta – Underlining the importance of the ASEAN-Canada dialogue relations, John Baird, Minister of Foreign Affairs of Canada, today visited the ASEAN Secretariat in Jakarta and paid a courtesy call on the Secretary-General of ASEAN, Le Luong Minh. Secretary-General Minh welcomed … Continue reading Canada will open ASEAN mission in Jakarta in 2015

Vietnamese PM says willing to strengthen ties with Japan

Hanoi – Vietnam attaches great importance to the relations with Japan and is willing to make the bilateral ties more intensive, practical and efficient, said Vietnamese Prime Minister Nguyen Tan Dung on Friday. Dung made the remarks while receiving visiting Japanese … Continue reading Vietnamese PM says willing to strengthen ties with Japan

India, U.S. agree to establish civil aviation equipment safety testing

New Delhi – India and the United States have agreed to establish an equipment testing and evaluation program as part of their strategic partnership to increase aviation safety, said Press Trust of India Friday. The U.S. Trade and Development Agency entered … Continue reading India, U.S. agree to establish civil aviation equipment safety testing

Kerry’s India visit overshadowed by stalled trade talks

New Delhi – Visiting U.S. Secretary of State John Kerry met here Friday with Indian Prime Minister Narendra Modi and discussed various bilateral issues, in an environment overshadowed by New Delhi’s opposition to a world trade pact and its irritation over … Continue reading Kerry’s India visit overshadowed by stalled trade talks