asia pacific

The Prime Ministers of Viet Nam and Japan reaffirmed yesterday their commitment to comprehensive development of the strategic partnership between both countries. In talks held between Prime Minister Nguyen Tan Dung and his Japanese counterpart Shinzo Abe, the commitment found concrete expression in the latter's announcement of an official development assistance package of around US$1 billion (JPY1 trillion) for the second half of the 2013 fiscal year.

A recent survey conducted by global research firm IPSOS across 20 countries, found that a whopping 71 percent of Chinese say they gauge their success by the things they own. That’s significantly higher than it was for every other country included in the survey.

Asia’s emerging markets remain on edge over the U.S. Federal Reserve’s actions, damaging investor confidence from India to Indonesia. However, a new survey by the World Bank suggests that foreign direct investment (FDI) flows won’t be drying up anytime soon. In its World Investment and Political Risk 2013 report released Thursday, the World Bank’s Multilateral Investment Guarantee Agency (MIGA) said macroeconomic instability and political risk ranked “neck and neck” as the top concerns for investors over the short and medium terms.

December 5, 2013

World attention today is keenly focused on nuclear proliferation in Iran, the future force presence in Afghanistan, and percolating problems between China and Japan involving islands in the East China Sea. And while officials in Washington deliberate how U.S. influence can affect these potentially destabilizing flash points, they're overlooking a country that could be a key contributor toward steadying the ship: India.

There probably isn't a more American condiment than ketchup. Millions of Americans douse their french fries, hamburgers, hot dogs and other favorite foods with it every day. The ubiquitous tomato-based sauce has been a staple in American cuisine for over a century, with surveys finding that 97% of kitchens in the United States contain a bottle. Given those facts, many Americans may be surprised to learn that ketchup's origins aren't American at all and that tomatoes were introduced to the mix relatively late in the sauce's history.

The Prime Minister’s Office (PMO) has refuted allegations that the Endless Possibilities tagline adopted by Malaysia was copied from Israel. According to PMO, the Government unveiled its latest branding concept four months before Israel announced the same theme as part of its tourism promotion. “Malaysia’s Endless Possibilities nation branding concept was unveiled in January 2013 at the World Economic Forum annual meeting in Davos, Switzerland.

Secretary-General Ban Ki-moon today welcomed the agreement between the two Koreas on the re-opening of the Kaesong Industrial Complex, adding that he hopes this will lead to other constructive steps to promote trust and improve relations between the East Asian neighbours...The complex is located in the border town of Kaesong just across the Demilitarized Zone. It employs more than 53,000 citizens of the DPRK at 123 companies of the Republic of Korea (ROK), according to media reports.

August 3, 2013

Prime Minister Shinzo Abe returned to Tokyo on July 27 after visiting Malaysia, Singapore and the Philippines. This was his third visit to Southeast Asia since he returned to power in December. Clearly he is placing great importance on Japan’s ties with the region. Of the three countries he visited this time, Malaysia and the Philippines have territorial disputes with China. There is a strong possibility that China feels that Japan is trying to encircle it diplomatically.

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