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Asia Pacific

China: Beijing, U.S. target fugitives

China’s Foreign Ministry is reporting that it is making headway with Washington on an agreement for dealing with corrupt Chinese officials who have sought sanctuary in the United States.

Malaysia: AirAsia saluted in travel awards

Malaysia’s AirAsia has been named the “world’s leading low-cost airline” for the second year running. The prize by the World Travel Awards is considered by some to be the Oscars of the air travel industry.

Burma: Opium supply falls

Opium production in Burma, also known as Myanmar, fell by nearly a quarter this year, according to a new United Nations report.

Japan and Bangladesh: Skills shortage looms

Japan needs to hire thousands of foreign skilled construction and technological workers as it prepares for the 2020 Summer Olympics in Tokyo.

Australia: Down Under tops for inaction

Canada has been bumped from its established position as the worst-performing developed country in taking action to counter the effects of climate change.
China set to debut rival to foreign development banks

China set to debut rival to foreign development banks

Come the new year, China intends to have up and running its Asian Infrastructure Investment Bank (AIIB), which aims to embellish Beijing’s charm offensive among neighbouring countries and to offer a direct challenge to the United States-led international financial institutions created in the wake of the Second World War.
BIV 25th Anniversary: Market forces, environmental protests, natural disaster rocked forest industry

BIV 25th Anniversary: Market forces, environmental protests, natural disaster rocked forest industry

Rise of China, U.S. economic recovery gives new hope to sector
Hong Kong bans Canadian poultry after avian flu detected in Fraser Valley

Hong Kong bans Canadian poultry after avian flu detected in Fraser Valley

The Hong Kong government has banned the import of Canadian poultry products from the Fraser Valley following outbreaks of avian flu on two farms in the region.

India: Bank mergers in forecast

A period of mergers and acquisitions among Indian banks is expected after a recent $2.4 billion takeover ended a four-year drought.

Singapore: Buyers turn gaze homeward

For some years Singaporeans have been deterred from investing in their domestic housing market by grossly inflated real estate prices. Instead, they have been buying properties abroad.