World News

E-commerce may cause economic discrepancy, former minister says

Businessman and Indonesia Economic Forum chairman Chairul Tanjung has expressed worry that the fast-growing e-commerce business may worsen Indonesia’s economic discrepancy as it could increase unemployment.

Boost for airlines, REITs as more tourists head for Malaysia

KUALA LUMPUR: Total tourist arrivals to Malaysia this year could jump by over 4% on-year after airline bookings from China to Malaysia surged 72% on-year from March 16 to Aug 31, 2017.

AirAsia sets up low-cost airline in Việt Nam

[Viet Nam News/Asia News Network] Malaysian budget airline AirAsia Berhad plans to start a low-cost carrier in Việt Nam, co-operating with local businesses to enter the country’s booming travel market, company representatives told Việt Nam News.

AirAsia signed a shareholders’ agreement with Việt Nam’s Gumin Company Limited, Hải Âu Aviation Joint Stock Company and Trần Trọng Kiên, the owner of these two companies, to form the venture last Friday, which the airline announced in a statement to Malaysia’s stock exchange.  

Trump begins crackdown on H-1B work visa programme

 

Designer jailed for threat to circulate woman's nude photos, fined $23k for obscene video films

[The Straitstimes/Asia News Network] A designer threatened to post nude photographs of a woman he befriended online, and had never met, when she ended all contact and ignored him, a district court heard.

About seven months later, Mohamed Hirwandie Mohd Hashim stumbled on the 21-year-old's online profile on Facebook.

The 30-year-old created a Facebook account under his previous moniker John Teo, and tried to add the victim as a friend.

Asian stocks down as investors seek safe havens before Xi-Trump meeting

 

Songkran festival to be low-key due to mourning period

 

Singapore tops list of best Asian universities

The Korea Herald/Asia News Network) National University of Singapore has retained its title as Asia’s best university for the second year in a row, according to the Times Higher Education Asia University Rankings 2017.

Peking University maintained its second-place ranking and Tsinghua University was ranked third. Both of them are located in Beijing.

Korea Advanced Institute of Science and Technology ranked eighth, followed by Seoul National University and Pohang University of Science and Technology.

Trump orders on trade puzzles Asia

Bangkok (ANN News Desk) - US President Donald Trump's executive order on what he describes as trade "cheaters" has many countries in Asia scratching their heads and questioning US policy in the region. 

Trump signed an order late last week that he promises will stop "foreign importers that cheat." Under the executive order, countries with large trade imbalances with the United States will be closely scrutinized for a 90 day period while the administration holds talks with manufacturers, service providers, farmers and consumers to identify ongoing problems.

Cambodia, Myanmar: opportunities for VN firms

Viet Nam News HCM CITY -There is a huge opportunity for Vietnamese firms to invest in agriculture in their countries and export agricultural produce to other markets, Cambodian and Myanmarese officials have said.