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Asia Pacific

India: New Delhi targets hoarders

As it tries to tackle the problem of inflation in basic food commodities, the new Indian government of Prime Minister Narendra Modi is cracking down on traders who have started hoarding onions and potatoes.

Cambodia: Job-seekers reverse course

The military coup in Thailand is causing some chaos in the job market in neighbouring Cambodia.

China: Airline adds non-stop route

China Eastern Airlines, one of the three largest airlines in China, has launched a non-stop service between Shanghai and Toronto, joining Air Canada on this direct route.
Australia: Future leaders sought

Australia: Future leaders sought

Forty of Australia's brightest and best undergraduates have been awarded scholarships this year to live, study and work in Japan, Indonesia, Singapore and Hong Kong under the Canberra government's New Colombo Plan.

India: Companies see brighter future

Business confidence in India has taken an upward bounce since the new government of Prime Minister Narendra Modi took office on May 26. A survey by the Confederation of Indian Industry found that confidence rose to 53.
Cultural festival showcases South Asian artists

Cultural festival showcases South Asian artists

The Indian Summer Arts Society (ISAS) is hosting an arts festival dedicated to promoting South Asian arts in Vancouver

India and Pakistan: Rivals take aim at trade barriers

India's minister for commerce and industry, Nirmala Sitharaman, will meet her Pakistani counterpart, Khurram Dastgir Khan, later this month to start drawing up a fresh road map for trade liberalization between the two countries.
South Korea: Bank wades into microfinance

South Korea: Bank wades into microfinance

South Korea's Woori Bank thinks it's found a way into the 10-nation, 500-million-population Association of Southeast Asian Nations market, which is due to become fully integrated next year. The Woori Bank has bought, for $4.

Australia: Asylum-seekers offered cash

The new Australian government of Prime Minister Tony Abbott is taking another stab at solving the problem of a steady stream of “boat people” economic refugees.

Sri Lanka: Government skirts sanctions

Sri Lanka's government spokesman Keheliya Rambukwella has told local reporters Columbo has a secret deal with Washington allowing it to import Iranian oil without running afoul of United States sanctions.