World News

Duterte to occupy islands in South China Sea

PUERTO PRINCESA CITY, Philippines (Philippine Daily Inquirer/ANN News Desk) - President Duterte on Thursday said he had ordered troops to deploy to and fortify unoccupied South China Sea islands and reefs claimed by the Philippines, a move that could provoke rival claimants, including China.

Duterte also announced that he may visit Pagasa Island, internationally known as Thitu Island, and raise the Philippine flag there on Independence Day, June 12.

Xi arrives in US for first meeting with Trump

PALM BEACH, United States (China Daily/ANN News Desk) - US President Donald Trump's first meeting with his Chinese counterpart Xi Jinping is expected to chart the course of bilateral ties in a new era but North Korea's missile tests have cast a shadow over the process.

Chinese President Xi Jinping arrived in this southeastern US coastal town on Thursday for the first meeting with his US counterpart, Donald Trump, that is expected to chart the course of bilateral ties in a new era.

Thai King signs new Constitution, paves way for elections

BANGKOK (The Nation/ANN) – Thailand's 20th charter comes into effect, setting the stage for next general election. It replaces the post-coup interim charter of 2014.

Thailand's King yesterday signed the country’s new constitution - the 20th - giving it royal endorsement and setting in motion a process for the next general election, which is expected late next year.

80 VN firms participating in expo in Myanmar

More than 80 Vietnamese firms are participating today in the 2017 Viet Nam-Myanmar Trade-Service-Tourism Expo in Yangon City, Myanmar.

Domestic price hike hurts VN rice exporters

The abnormal surge in domestic rice prices in this year’s winter-spring crop has caused some rice exporters, who had signed export contracts before the harvest season, to suffer losses during the first quarter.

FEATURE: Startups thrive in Southeast Asia

SINGAPORE (China Daily/ ANN) - Entrepreneurs and venture capital firms view the region as largely uncharted territory offering huge potential and opportunities.

India, Bangladesh hold 97% renewable energy market: Report

Five countries, including India and Bangladesh, lead the world in solar home lighting systems and the two south Asian nations together account for 97 per cent of the renewable energy market in the region, says an international body report.

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.