06282016Tue
Last update: Tue, 28 Jun 2016 12pm

South Asia

World - South Asia

India reforms to bring cheap air travel to millions NEW DELHI: India approved a civil aviation policy Wednesday aimed at making air travel affordable for millions of Indians and vastly expanding the country's aviation market.The government said the long-awaited reforms will bring down airfares to 2,500 rupees ($37) per hour of flying time on many under-served regional routes, particularly away from big cities.Air travel in India is mostly confined to the urban third of the population, and is largely out of reach for hundreds of millions of people.The Civil Aviation Policy overhauls rules dating back to the 1930s and received input from stakeholders from across the airline industry."Today history has been made. Since Independence, India has never had any civil aviation policy," Ravi Shankar Prasad, a cabinet minister, told reporters.The minister said the government would look to develop about 350 dilapidated or underused airstrips across India, many dating back to World War Two, into "no frills airports". "The new ...

World - South Asia

Taiwan ex-leader warns new government over China ties HONG KONG: Taiwan's former president Ma Ying-jeou on Wednesday urged the island's new China-sceptic government to uphold ties with Beijing, as relations with the mainland cool following the ex-leader's exit. Ma stepped down in May after eight years in power and he oversaw an unprecedented rapprochement with bitter rival China, which still considers the island part of its territory awaiting reunification, by force if necessary. But since Beijing-wary Tsai Ing-wen won the presidency in January, ...

World - South Asia

Brazil's Rousseff wants new elections BRASÍLIA: Brazil's suspended president Dilma Rousseff said Tuesday she is negotiating a political deal to escape impeachment and wants new elections to decide whether she can finish her term.Rousseff was suspended from office last month after lawmakers voted to hold an impeachment trial against her over allegations she fiddled government accounts."If there have to be new elections, I will always be in favor of that," she said in a meeting with foreign correspondents in Brasilia."The ...

World - South Asia

ASEAN retracts strong statement on S. China sea rows: Malaysia KUALA LUMPUR: Southeast Asian countries have retracted a statement that expressed deep concern over recent events in the South China Sea, Malaysia said on Tuesday, adding that "urgent amendments" would be made."We have to retract the media statement by the ASEAN (Association of Southeast Asian Nations) foreign ministers... as there are urgent amendments to be made," a Malaysian foreign ministry spokeswoman said.She said the ASEAN Secretariat approved the release of the statement, then later informed ...

World - South Asia

Merkel leaves door open to German counter-bid for Kuka BEIJING: German Chancellor Angela Merkel signalled on Monday that she would not try to prevent a Chinese takeover of German robot maker Kuka but also left the door open to German firms making a counter-offer.Augsburg-based Kuka is the target of a takeover bid by Chinese home appliance maker Midea. The offer has fanned a furious debate over Chinese takeovers in Europe, with some German politicians calling for tougher restrictions."I still think there is an opportunity ...

World - South Asia

China's Li says China will take more steps to welcome foreign investors BEIJING: China's Premier Li Keqiang said on Monday that the government would take more steps to level the playing field for foreign investors and that it was committed to cutting steel capacity.Li made the comments in a press briefing with German Chancellor Angela Merkel. Copyright Reuters, 2016 ...

World - South Asia

Taiwan rejects ex-president's Hong Kong trip TAIPEI: Taiwan's new government on Sunday refused former president Ma Ying-jeou permission to visit Hong Kong, citing national security considerations, sparking an angry response from his party.Ma, who stepped down on May 20 after eight years, applied to the presidential office early this month for permission to make a trip on June 15 to the semi-autonomous southern Chinese city.He was to deliver a keynote speech at the Society of Publishers in Asia awards.Ma, an advocate ...