KUALA LUMPUR - State-owned 1Malaysia Development Berhad (1MDB) has made the final settlement of US$602.7 million ($S810 million) in debt obligations to Abu Dhabi's International Petroleum Investment Company (IPIC), by divesting its stake in two companies to buyers linked to Chinese state-owned enterprises.
The Park Geun-hye administration kept parts of the 2015 Korea-Japan agreement on Japan’s wartime enslavement of Korean women in the dark, a South Korean task force confirmed Wednesday. The administration also pushed the deal despite the pact falling short of fundamentally resolving related issues.
President Xi Jinping urged transportation authorities nationwide to be dedicated to the construction and maintenance of rural roads to speed up rural modernization.
Xi, also general secretary of the Communist Party of China Central Committee, made the remark in an instruction on rural roads publicized on Monday at the national transport works conference held at Ministry of Transport offices in Beijing.
ABHISIT WARNS NCPO RISKS LOSING LEGITIMACY AS PARTY APPEALS RULING TO CONSTITUTION COURT
THE DEMOCRAT PARTY will file a petition with the Constitution Court to determine if the latest National Council for Peace and Order (NCPO) order to extend deadlines required for political parties to follow under the Political Party Act is unconstitutional under the charter approved in last year’s referendum.
Karachi police on Monday fired water cannon and resorted to baton-charge and tear-gas to prevent protesting teachers from moving towards the Chief Minister’s House to lodge their protest, according to eyewitnesses, teachers and officials.
The teachers were protesting for the fulfillment of a host of their demands, some of which were already agreed to by the provincial authorities.
Scores of people were also detained during the police action.