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Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world news summary at 0630 GMT, Jan. 19
MANILA -- The death toll from a landslide that hit a mining village in Davao de Oro province in the southern Philippines on Thursday has risen to nine, local authorities said Friday. In a social media post, the municipality of Monkayo said rescuers recovered two more bodies, both women, near the houses buried by the mud and heaps of debris. Police confirmed the retrieval of the two women. (Philippines-Landslide-.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 14
MANILA -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunication infrastructure,.....»»
Xinhua world news summary at 1500 GMT, Jan. 11
MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»
Xinhua world news summary at 0630 GMT, Jan. 11
TOKYO -- The death toll rose to 213 in the central Japanese prefecture of Ishikawa on Thursday, after a series of strong quakes of up to 7.6 magnitude jolted the prefecture and its vicinity, local media reported. A total of 52 people remained unaccounted for in the hardest-hit prefecture as of 9 a.m. local time, while at least 567 people suffered injuries due to the quakes, public broadcaster NHK said. (Japan-Ea.....»»
Xinhua world news summary at 1500 GMT, Jan. 11
MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 31
JAKARTA -- The authorities of Indonesia's Batam Island officially started on Sunday the operation of direct shipment from Batuampar Port to China's Guangzhou and Shenzhen to boost trade between the two countries. The direct shipping service was initiated by Persero Batam and the Batam Concession Agency in collaboration with SITC International Holdings, a Hong Kong-based shipping logistics company. (Indonesia-Chi.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 25
JAKARTA -- One was killed and nine others, including children, went missing after a landslide struck a village in the Indonesian province of West Java on Sunday, a local official said Monday. The disaster took place in Cibenda village in West Bandung regency on Sunday after torrential rain reportedly poured over the area for around two hours. (Indonesia-Landslide) - - - - SYDNEY -- Local media repo.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 25
JAKARTA -- One was killed and nine others, including children, went missing after a landslide struck a village in the Indonesian province of West Java on Sunday, a local official said Monday. The disaster took place in Cibenda village in West Bandung regency on Sunday after torrential rain reportedly poured over the area for around two hours. (Indonesia-Landslide) - - - - SYDNEY -- Local media repo.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 11
SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 4
KATHMANDU -- Nepali Prime Minister Pushpa Kamal Dahal on Monday broke his coalition with the Nepali Congress party and reshuffled the cabinet. Dahal, chairman of the Communist Party of Nepal (Maoist Center), joined hands with the Communist Party of Nepal (Unified Marxist-Leninist) and after removing all the cabinet ministers, he initially introduced three ministers into the new cabinet, with one from the CPN-UML.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 21
NEW DELHI -- At least nine people were killed and six others injured critically Wednesday in a collision between an autorickshaw and a truck in the eastern Indian state of Bihar, police said. The accident took place on Lakhisarai-Sikandra highway near Bihrarura village in Lakhisarai district, about 136 km southeast of Patna, the capital city of Bihar. (India-Road Accident) - - - - JAKARTA -- Three.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 21
NEW DELHI -- At least nine people were killed and six others injured critically Wednesday in a collision between an autorickshaw and a truck in the eastern Indian state of Bihar, police said. The accident took place on Lakhisarai-Sikandra highway near Bihrarura village in Lakhisarai district, about 136 km southeast of Patna, the capital city of Bihar. (India-Road Accident) - - - - JAKARTA -- Three.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 15
COLOMBO -- Sri Lanka's Ports, Shipping and Aviation Minister Nimal Siripala de Silva on Thursday announced the signing of a direct air service agreement between Israel and Sri Lanka. Speaking at a press briefing at the President's Media Center, the minister said the agreement marks the beginning of direct flights between Israel and Sri Lanka, which would enhance passenger convenience. (Sri Lanka-Israel-Aviation).....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 15
COLOMBO -- Sri Lanka's Ports, Shipping and Aviation Minister Nimal Siripala de Silva on Thursday announced the signing of a direct air service agreement between Israel and Sri Lanka. Speaking at a press briefing at the President's Media Center, the minister said the agreement marks the beginning of direct flights between Israel and Sri Lanka, which would enhance passenger convenience. (Sri Lanka-Israel-Aviation).....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 14
KUALA LUMPUR -- Malaysian authorities recovered the bodies of two individuals, who were killed in an aircraft crash on Tuesday. The two victims are Malaysians aged 30 and 42 and had died at the place of the incident, Selangor police chief Hussein Omar Khan said in a statement late Tuesday. (Malaysia-Plane Crash-Death) - - - - KUALA LUMPUR -- Former Malaysian Prime Minister Mahathir Mohamad has been.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 13
KUALA LUMPUR -- Malaysian authorities launched a search and rescue operation on Tuesday following a plane crash in Selangor state. The aircraft, which crashed around 1:30 p.m. local time, had two on board including its pilot, the Civil Aviation Authority of Malaysia said in a statement. (Malaysia-Aircraft-Crash) - - - - NEW DELHI -- Police Tuesday fired dozens of tear smoke shells and used drones t.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 13
KUALA LUMPUR -- Malaysian authorities launched a search and rescue operation on Tuesday following a plane crash in Selangor state. The aircraft, which crashed around 1:30 p.m. local time, had two on board including its pilot, the Civil Aviation Authority of Malaysia said in a statement. (Malaysia-Aircraft-Crash) - - - - NEW DELHI -- Police Tuesday fired dozens of tear smoke shells and used drones t.....»»