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Twenty people killed as bus falls off cliff in China: Xinhua BEIJING: Twenty people from an opera company were killed after a bus fell off a cliff in China early Tuesday, state media reported.Another 13 were injured in the accident in Linzhou in the central province of Henan, the official Xinhua news agency said, citing the local government.The coach was carrying staff of a local opera troupe, it said, adding the accident was under investigation.Fatal road accidents are a serious problem in China, particularly involving the country's often over-crowded long-distance buses.The ministry of transport says there were 60,000 road deaths in 2012, down from 104,000 in 2003 but still more than 150 a day.But a study published in 2011 by a group of Chinese and US researchers concluded that the number of deadly accidents was twice as high as police said.In July last year, 43 people died when a van carrying inflammable liquid hit a bus on a motorway in central ...

South Korea Finance Ministry official says economy on modest recovery path SEOUL: South Korea maintains the view that its economy is still on a modest recovery path, a senior finance ministry official said on Monday, shortly after news factory output had seen its worst fall in six years.Factory output in January fell 3.7 percent in seasonally adjusted terms from December, government data showed, following December's 10.5 percent month-on-month decline from November."Exports have been posting solid growth in terms of volume," said Lee Chan-woo, director-general of the ...
Japan February final manufacturing PMI 51.6pc vs 52.2pc in January TOKYO: Japanese manufacturing activity expanded at a slightly slower clip in February domestic orders lost some steam, a survey showed on Monday, but stronger export demand from overseas suggest the manufacturing sector will continue to expand.The final Market/JMMA Japan Manufacturing Purchasing Managers Index (PMI) was 51.6pc in February, slightly above a preliminary reading of 51.5 but below 52.2pc in January.It remained above the 50 threshold that separates contraction from expansion for the ninth consecutive month.The ...
North Korea to lift Ebola ban on foreign tourists SEOUL: North Korea is set to lift a four-month ban on foreign tourism imposed over concerns of the spread of the deadly Ebola virus, a Beijing-based tour group said on Monday.Koryo Tours, one of the handful of agencies running regular tours to the North, said it had been contacted by the National Tourism Administration in Pyongyang with news that there was "some movement" over the current travel ban."We were told we should expect confirmation later ...
Hong Kong lawmakers hand themselves in to police over protests HONG KONG: Hong Kong pro-democracy lawmakers handed themselves in to police Monday over their involvement in mass protests for free elections, the latest step in a widespread investigation which has been accused of intimidation.Police have vowed to investigate the "principal instigators" of the street blockades which ended in December when rally camps were cleared.A number of protest leaders have been arrested and released without charge, in a controversial procedure which some say is harassment. Albert ...
China's leaders meet with 'rule of law' on agenda BEIJING: When Chinese President Xi Jinping pledged to "safeguard the rights of people in line with law" in his New Year address, Xu Liangju was in a cell for seeking government action over the killing of her teenage son.On a winter morning, the 45-year-old was muscled into a van, taken to a police station, driven seven hours to her home province of Henan and sentenced by police to 10 days' detention.Her crime? "Illegally petitioning outside ...
Indonesia says fate of Mahakam block in Pertamina's hands JAKARTA: Indonesia says it plans to hand control over the Mahakam gas block to Pertamina once its current operator's contract, held by Total SA, expires in 2017, but details of a proposed partnership remain unclear.Total's contract to operate the Mahakam block, Indonesia's single-largest source of natural gas, is one of numerous oil and gas contracts due to expire under uncertain terms, a stumbling block that the government of Southeast Asia's largest economy has promised to ...

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln