Asia in spotlight in WEF competitiveness index
The World Economic Forum has released the latest version of its Global Competitiveness Index, and this time, the list is unlike any it has compiled before. The 2018 edition of the…
Qualcomm to join Taiwan’s 5G development alliance
US-based chip designer Qualcomm has decided to join Taiwan’s 5G technology development alliance organized by the Ministry of Economic Affairs. An executive with Chunghwa…
Japanese partsmaker fabricated earthquake shock-absorber data
The government says buildings with parts will still withstand severe earthquakes. Parts maker KYB Corp. and a subsidiary falsified the inspection data of oil-type base-isolation…
Beijing wont play favourites with state-owned enterprizes
Beijing vows to stick to neutrality in dealing with state-owned enterprises. China will maintain its neutral stance for market competition and offer companies of all categories of…
Korean Air chief indicted for embezzlement, breach of trust
Hanjin Group and Korean Air Lines Chairman Cho Yang-ho was indicted for embezzlement, breach of trust and other charges on Monday without detention. The prosecution announced the…
Household debt rising across Southeast Asia
Unless checked, the problem will exacerbate problems for several southeast Asian countries. On Wednesday, Thailand’s The Nation reported on a stunning survey. A poll conducted…
Myanmar arrests three Eleven Media journalist
Three senior journalists arrested by police after an investigation into alleged local government corruption. Myanmar police on Wednesday arrested three senior journalists of…
Singapore refutes Oxfam report on its performance in tackling inequality
The Oxfam report criticised Singapore for spending “well below countries such as South Korea and Thailand” on healthcare, education and social protection. The Republic…
Pakistan may need to borrow from IMF, says PM
Prime Minister Imran Khan said that Pakistan might need to return to the International Monetary Fund (IMF) to address its mounting balance of payments crisis. Talking to media…
Bangladesh moving close to self-sufficiency
Premier says the country can implement 90 per cent of the national budget with own funding. Mentioning that Bangladesh will not remain dependent on others, Prime Minister Sheikh…