National carrier Lao Airlines has purchased more aircraft in response to increasing passenger numbers as Laos becomes more closely integrated with the region and the world. A new Airbus A320 arrived in Vientiane this
Jakarta’s much-awaited monorail project is set to resume as two former partners in the project consortium – PT Jakarta Monorel (JM) and state-owned construction firm PT Adhi Karya – have settled the debt dispute
Naval drills can build trust and rein in tensions, says Indonesian navy chief As territorial disputes in the region continue to simmer, Indonesia’s navy chief proposed joint naval exercises between Asean countries and China
The Indian investment agency has warned Indonesian businessmen to join their Asian peers and invest in the South Asian country before they miss out. AnupamSrivastava, the managing director of investment promotion agency Invest India,
There are fears that a credit bubble might be emerging in Asia, including in Singapore, given the huge expansion in lending, according to two new reports. Credit has grown “vigorously” in several economies, noted
South Korea’s Constitutional Court ruled on Thursday that former President Park Chung-hee’s draconian decrees in the 1970s were unconstitutional and infringed the basic rights of citizens. In a unanimous decision, the court said that
Starbucks Chief Executive Howard Schultz said China has the potential to become the company’s top market, highlighting the coffee house giant’s confidence in the Asia-Pacific market. Announcing the company’s fiscal 2012 record revenue of
The capability of Abu Sayyaf Group to raise terror remains a concern of the United States even as it claimed that the situation in the southern Philippine region Mindanao has “progressed” over time. “Well
The Philippine Stock Exchange (PSE) is proposing an overhaul of guidelines governing companies in financial distress or under corporate rehabilitation to include “red alerts” prior to actual bankruptcy, aiming to better protect minority investors who
First-ever invite seeks to build trust. The Chinese Navy will participate in the US-organised RIMPAC multinational maritime exercise off Hawaii for the first time in 2014, informed sources have said. The Rim of the