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Australian PM to spend week with remote Aboriginal communities SYDNEY: Australian Prime Minister Tony Abbott on Sunday kicked off a one-week stay with indigenous communities in the country's north as he sought to boost development and jobs in the sparsely populated region.Abbott vowed to be the "prime minister for Aboriginal affairs" before he was elected to power in September 2013, and said he would spend one week every year ruling the nation from a remote indigenous community.He will head to Thursday Island -- which has a population of just over 2,600 -- in the Torres Strait off Australia's northeastern tip before spending time on the mainland at nearby Cape York later in the week.The Australian leader said he hoped the stint would help him "to become as practically familiar with the real issues in indigenous Australia as possible"."To spend... just one week in 52, focused on indigenous issues is not too much," Abbott told reporters from the far northwestern ...

Six killed as typhoon hits northern Philippines MANILA: Six people were killed while thousands fled to higher ground as powerful typhoon Goni brought torrential rains to the northern Philippines, triggering landslides and floods, officials said Saturday.Five people died in the highlands of Benguet and Mountain provinces after they were buried in rocks and mud. A man was killed in nearby Ilocos Norte province after he was hit by a falling tree, according to Alexander Pama, executive director of the national disaster council.Two ...
South Korea defiant as North attack deadline looms SEOUL: South Korean troops stood at maximum alert Saturday, hours before the expiry of a North Korean ultimatum for Seoul to halt loudspeaker propaganda broadcasts across the border or face military action.The North Korean People's Army (KPA) said its frontline troops had moved into a "fully armed, wartime state" in line with the wishes of leader Kim Jong-Un and ahead of the Saturday 5:00 pm (0830 GMT) deadline."The situation which has reached the brink of ...
Thai police chief hails bomber hunt 'progress', but still no arrest BANGKOK: Thailand's police chief Friday insisted his officers are making "a lot of progress" in the hunt for the Bangkok shrine bomber despite the lack of arrests and mystery over the motive of the attackers.Monday's blast killed 20 people, mostly Asian visitors, leaving police scrambling to find the assailants and sending shockwaves through the nation's vital tourism sector.Speaking after a memorial for the dead at the scene of the unprecedented attack on Thailand, national police ...
North Korea shells South Korean military border unit: Yonhap SEOUL: North Korea on Thursday shelled a South Korean military unit on the western section of the inter-Korean border, the South's Yonhap news agency said, citing military sources.The Defence Ministry said it could not immediately confirm the report, which comes at a time of elevated cross-border tensions, following a landmine attack earlier this month that Seoul blamed on Pyongyang.Copyright AFP (Agence France-Presse), 2015 ...
South Korea's Park to visit China for WWII anniversary event SEOUL: South Korea said Thursday that President Park Geun-Hye would attend upcoming celebrations in Beijing to mark China's victory over Japan in World War II -- an anniversary that most world leaders look set to shun.But Park's senior secretary for foreign affairs, Ju Chul-Ki told reporters no final decision had been made on whether the president would attend the showpiece event -- a huge military parade in the Chinese capital on September 3. "Discussions are ...
Rescue teams race to Indonesian plane crash site JAYAPURA: Rescuers battled Monday to reach a remote, mountainous site in eastern Indonesia where debris has been spotted after a plane carrying 54 people and cash worth almost half a million dollars crashed at the weekend.The plane operated by Indonesian carrier Trigana Air lost contact with air traffic control on Sunday afternoon during a short flight in bad weather from Jayapura, capital of Papua province.The ATR 42-300 twin-turboprop plane was carrying 49 passengers and five ...

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln