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North Korea says it has miniaturised nuclear weapons SEOUL: North Korea said Wednesday it has succeeded in miniaturising its nuclear weapons, a development which could allow them to be delivered by missile."It has been a long time since we began miniaturising and diversifying our means of nuclear strike," the powerful National Defence Commission (NDC) said in a statement carried by the official Korean Central News Agency."We have also reached the stage where the highest accuracy rate is guaranteed not only for short- and medium-range missiles but long-range missiles as well""We don't hide this fact."The NDC, the country's highest military body chaired by leader Kim Jong-Un, berated the United States and its allies for condemning what the North described as a submarine-launched ballistic missile test on May 8.Washington and its allies said the test was a breach of a United Nations ban on the North's use of ballistic missile technology.Copyright AFP (Agence France-Presse), 2015 ...

Malaysia, Indonesia to 'provide shelter' for boatpeople KUALA LUMPUR: Malaysia and Indonesia on Wednesday offered to provide "temporary shelter" to thousands of migrants stranded at sea, provided that they could be resettled or repatriated within a year."Indonesia and Malaysia agreed to continue to provide humanitarian assistance to those 7,000 irregular migrants still at sea," Malaysian Foreign Minister Anifah Aman and his counterpart Retno Marsudi of Indonesia said in a joint statement after talks on the issue."We also agreed to offer them temporary ...
Indonesian envoy dies after helicopter crash JAKARTA: An Indonesian ambassador who was on a military helicopter that crashed this month killing two other foreign envoys died on Tuesday after battling severe burn injuries, Indonesia's foreign minister said.Ambassador Burhan Muhammad, 58, was aboard the military helicopter, along with his wife and a delegation of ambassadors when it crashed on May 8 and set a school building ablaze in the Gilgit area.His wife, the Norwegian and Filipino ambassadors, and the wife of the ...
Iran defence minister in Baghdad for talks BAGHDAD: Iran's defence minister arrived in Baghdad on Monday for talks with his counterpart, a day after the Iraqi government suffered one of its worst losses with the fall of Ramadi to militants.Hossein Dehghan "will hold consultations with Iraqi Defence Minister Khaled al-Obeidi," a ministry official said on condition of anonymity, adding that the visit was pre-scheduled.Copyright AFP (Agence France-Presse), 2015 ...
Prince Harry ends New Zealand, Australia visit on winning note AUCKLAND: Britain's Prince Harry wrapped up a visit to New Zealand and Australia on Saturday by scoring the winning goal in a football match and proving he can help capture a crocodile.The 30-year-old prince spent a week in New Zealand, which started with a pub quiz on an outer southern island, included learning a traditional haka at a military camp, and finished with a day of sport at Auckland.He also revealed during the official visit ...
No plans for US to base B-1 bombers in Australia: PM SYDNEY: Australian Prime Minister Tony Abbott on Friday denied the United States had plans to base B-1 bombers in the country, saying an American official had "misspoken" on the issue.Assistant Defense Secretary for Asian and Pacific Security Affairs David Shear spoke this week of the deployment of the aircraft at a hearing on safeguarding US interests in the East and South China Seas."We -- under the redeployment of long-term, medium to long-term redeployment of Marines ...
Japan cabinet OKs military expansion rules TOKYO: Japan's cabinet on Thursday approved a set of bills bolstering the role and scope of the military, as the pacifist country redefines its position in the increasingly roiled Asia-Pacific region.The bills are a pet project of nationalist Prime Minister Shinzo Abe, who says Japan can no longer shy away from its responsibility to help safeguard regional stability, and must step out from under the shade of the security umbrella provided by the United States.The ...

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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln