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Southeast Asia now leads the world for trust in banks
In sharp contrast to Europe and the US, many Asian countries have weathered the global financial crisis well and emerged with considerable economic momentum. That momentum helps explain why confidence in financial institutions was highest in Asia last year - particularly among emerging markets in Southeast and South Asia, where median trust was 77 per cent and 75 per cent, according to a Gallup ...
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Anger as Barack Obama opens White House door to Burmese President despite recent claims of violence
Just eight months ago, Burma's President was still on a blacklist barring him from travelling to the United States. Now, the ugly past and anxieties about the future were set aside when Thein Sein was welcomed into the White House, becoming the first Burmese head of state to cross the threshold since Lyndon Johnson rolled out the red carpet for the military dictator Ne Win in ...
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Imran Khan holds London-based rival responsible for Pakistani politicians murder – video
Imran Khan 'holds responsible' London-based MQM leader Altaf Hussain of the murder of Zahra Hussain, vice-president for Khan's party. The female politician was gunned down outside her home in Karachi on Saturday, sparking outcry among supporters of Khan's party, PTI, who claim Hussain threatened its supporters in a speech from London. A spokesman for MQM has accused Khan of ...
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Starbucks Is Open for Business in Vietnam
opened up shop in Ho Chi Minh in February, and Starbucks CEO Howard Schultz said that sales have exceeded expectations so far. Still, Vietnam may prove a challenge for the hegemonic coffee company because of the country's rich coffee culture that dates back at least a ...
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Minorities Unsafe in Pakistan
Pakistan’s founder "Quaid-i-Azam" Mohammad Ali Jinnah dreamt of a country that would be Islamic and at the same time secular. The basic ideals behind the creation of Pakistan underscored security, welfare and cooperation of the people of all religions. Thanks to extremism and radicalization, today Pakistan is counted among the most dangerous places to live. Unfortunately, ...
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Pakistani women faced major hurdles at polls
Pakistani women were often blocked from voting in recent elections, but many were compelled to vote, usually for their husband's or father's ...
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Pakistans Musharraf Granted Bail in Bhutto Murder Case
A Pakistani court has granted bail to former military ruler Pervez Musharraf in a case related to the murder of former prime minister Benazir ...
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Burmese Presidents White House Visit a Reward for Reforms
President Barack Obama's invitation to his Burmese counterpart to meet at the White House marks a rapid diplomatic boost for Thein Sein, whom the United States removed from a blacklist of foreign officials denied entry to the country only last year. Mr. Obama also rewarded Burma's reform efforts by making the first visit to that nation by a sitting U.S. president last ...
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More Regional Troops Going to Central African Republic
An armored vehicle of of the Congolese army, part of the Central African Multinational Force is parked in front of a bank in central Bangui on April 3, ...
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Global Water is Under Threat
Scientists say a new geologic epoch has begun whereby humans are causing major damage to global water systems. They warn of a planetary transformation comparable to the retreat of the glaciers more than 11-thousand years ago. Scientists are meeting in Bonn, Germany this week (5/21-24) to discuss what can be done about it. to De Capua report on Anthropocene epoch While some still ...
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Bundesbank Chief Says France Must Take Deficit Cuts Seriously
Germany's federal reserve Bundesbank President Jens Weidmann stands beside the door of a giant safe as he poses for a photograph at the money museum next to the Bundesbank headquarters, in Frankfurt, Germany, May 17, ...
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RI expects growth at 6.4 to 6.9 percent in 2014
National Development Planning Minister Armida Alisjahbana said on Monday that Indonesia's economic growth in 2014 was set at between 6.4 and 6.9 percent."The projection of national economic growth in 2014 will be very much influenced by the dynamics of the global economy," said Armida during a plenary meeting at the House of Representatives, on Monday, as quoted by Antara news ...
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Asian-Americans Smart High-Incomes And ... Poor
Asian-Americans have the highest income and education levels of any racial group in the country. So it might be surprising that they have a higher poverty rate than non-Hispanic whites. Michel Martin discusses the issue with Algernon Austin of the Economic Policy Institute and Rosalind Chou, co-author ...
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Philippines Jan-Apr balance of payments posts USD1.8b surplus CB
(MENAFN) The Philippines central bank said that during the January-April period, the country's balance of payments (BOP) recorded a surplus of USD1.8 billion, reported Xinhua News.Bangko Sentral ng Pilipinas (BSP) said that the figure exceeds half of the USD3-billion forecast for the current year.In April alone, the BOP surplus reached USD274 million, up from a deficit of USD74 million ...
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Bangladeshs exports grow to USD21.78b in 10 months
(MENAFN) Bangladesh's Export Promotion Bureau (EPB) announced that the country's income of exports of goods rose by more than 10 percent during the first 10 months of the current fiscal year, reaching USD21.78 billion, reported Xinhua News.An official at EPB said that the figure is compared with USD17.77 billion recorded in the same period a year earlier.He added that in the July-April ...
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Indonesias 2014 budget plan puts GDP growth at 6.4-6.9
(MENAFN) Indonesia's gross domestic product (GDP) growth for 2014 would be between 6.4 percent and 6.9 percent according to the government's proposed budget plan, reported Reuters.The new figure is up from the 6.2-percent estimated by the Finance Ministry earlier.Furthermore, the budget gap would average between 1.7 and 2.3 percent of GDP.As for crude production, the government expects ...
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Pakistan vows to be Asian tiger
(MENAFN - Khaleej Times) Pakistan's prime minister-in-waiting Mohammad Nawaz Sharif has vowed to turn Pakistan into an Asian tiger in a short span of time.Intensely pro-business Sharif, is Prime Minister for the third time - a rare event in Pakistan where political charms wash off quickly. His strength - a majority in the National Assembly which he won on the strength of his 1990s ...
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Indonesia into Sudirman cup last 8 after win
Former champions Indonesia reached the quarterfinals of the Sudirman Cup on Monday with a comprehensive 4-1 victory over India in Group A.Indonesia have been joined by China, Japan and Denmark in the last eight.Japan crushed Singapore 5-0 on Monday, a result that ensured Denmark also qualified from Group D as the Singaporeans were eliminated.Indonesia will meet eight-time champions China to ...
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Plague of deforestation sweeps across south-east Asia
deforestation is dizzying, threatening the region's remarkable biodiversity, which includes more than 1,700 species discovered in the last 15 years alone. Many of the forests in Vietnam have been cut down for the furniture export market and the trees replaced by coffee bushes; in less than 10 years, Vietnam has gone from zero to number two in global coffee production. So much forest has ...
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Myanmar leader set for historic US visit
Myanmar President U Thein Sein will become the first leader of his country in 47 years to visit the White House, in one of the most symbolic US gestures yet to support his reforms.The former general will meet with President Barack Obama during the visit that started Monday and later seek to woo US businesses that see a lucrative market in the Southeast Asian nation.Some say that Obama's ...
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2 dead 20 injured after explosions in Dagestan- Wave of violent attacks kills at least 86 in Iraq
MAKHACHKALA, Russia – Two people are dead and at least 20 are injured after two car bombs exploded Monday in Dagestan, in Russia's North Caucasus region, where armed militias are leading an Islamist insurgency. Both blasts were near the headquarters of the court bailiffs and appeared to have been detonated by remote control, a Russian state agency told Reuters. Police cordoned ...
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How Coca-Cola Used Vending Machines To Try To Unite The People Of India And Pakistan
Specially-designed Small World Machines placed in both countries in March served as live communications portals. Now, Coke has released a video that allows everyone to witness the joyous ...
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Former Pakistani Ruler Musharraf Granted Bail
ISLAMABAD, PAKISTAN -- A Pakistani court on Monday granted bail to former army chief and president Pervez Musharraf who has been under house arrest on charges of failing to provide adequate security for former prime minister Benazir Bhutto before her 2007 assassination. Musharraf, who took power in a 1999 coup, returned to Pakistan in March to contest a May 11 general election after nearly ...
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UN praises Bangladesh39s preparedness response to tropical storm Mahasen
Print 20 May 2013 – The United Nations has commended the work carried out by the Bangladeshi Government ahead of tropical storm Mahasen, which hit the country last Thursday, noting it saved thousands of lives. 'While tropical storm Mahasen reached the coastline of Bangladesh on Thursday weaker than anticipated, the preparedness work undertaken by the Government and humanitarian ...
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Shakespeares sonnets come to life in new app
By Natasha BakerTORONTO (Reuters) - A new app launched on Monday aims to bring William Shakespeare's sonnets to the masses with the help of short films starring stage actors performing them in front of New York landmarks.The Sonnet Project is a free app for the iPhone and iPad that showcases the bard's poetry through films of up to two minutes and performances by Tony-Award winning ...
Bangladesh in Focus
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Myanmar refugees in Bangladesh, the politics of their situation is more important than the human impact
Bangladesh and Myanmar have been disputing their sea border for years, and in recent months tensions on the land border have mounted as claims of interference and counter-claims of provocation are made by both countries, now the politics of territorial dispute have come to have a direct bearing on the respect for human life and development.
In October of 2009, the government of Bangladesh received a report from its military officials detailing a credible threat of attack from Myanmar, they feared that St Martin’s island in the Bay of Bengal, a region increasingly important economically for hydrocarbons, would be attacked and captured by Myanmar, and called for the government to strengthen the defensive capability of the island which has a circumference of just 3 miles. Read more
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