02102016Wed
Last update: Wed, 10 Feb 2016 01am

South East Asia

World - South East Asia

China's economic fundamentals remain sound: stats bureau chief BEIJING: China's economic fundamentals remain sound and the economy remains resilient, the chief of the National Bureau of Statistics, said on Tuesday.Wang Baoan made the comments at a briefing held one week after the bureau released economic growth data for the fourth quarter and 2015.He reiterated that China's GDP data was reliable.China's annual economic growth slowed to 6.8 percent in the fourth quarter, the weakest since the financial crisis, adding pressure on a government that is struggling to restore investor confidence.The government reported annual economic growth of 6.9 percent in 2015 - the poorest showing in 25 years and slowing from 7.3 percent in 2014.Copyright Reuters, 2016 ...

World - South East Asia

Myanmar falls short of releasing all political prisoners YANGON: Myanmar freed 102 prisoners last week, including 52 political prisoners, bringing the number of political detainees released by President Thein Sein to more than 1,200 since his semi-civilian government took power in 2011, a watchdog group said on Monday.Still, rights groups say, the outgoing government has fallen short of releasing all political prisoners and continues to arrest and charge people on political grounds."Most of them (political prisoners) protested against the government, including the Letpadaung ...

World - South East Asia

Thai 2017 election to take place even if constitution does not pass referendum: PM BANGKOK: Thailand will hold a general election in 2017 even if a draft constitution does not pass a referendum this year, the prime minister said on Tuesday."No matter whether the draft constitution passes the referendum or not, the government will hold the election in 2017 according to our roadmap," Prime Minister Prayuth Chan-ocha told reporters.A May 2014 coup ended months of political protests in Bangkok and the military tore up the previous constitution.The junta had ...

World - South East Asia

Taliban kill 10 Afghan police in insider attack KANDAHAR: A rogue policeman drugged and then shot dead 10 of his colleagues in southern Afghanistan early on Tuesday, officials said, the second insider attack on police in just over a week.The Taliban infiltrator then stole their weapons and fled the police outpost in the Chinarto district of volatile Uruzgan province, authorities said."Our investigation shows that this policeman collaborated with the Taliban, drugged his colleagues and killed them when they were unconscious," Dost Mohammad Nayab, ...

World - South East Asia

Saudi royals gave $681mn in Malaysia PM scandal: attorney general KUALA LUMPUR: The Saudi royal family provided a $681 million "donation" that has engulfed Malaysian Prime Minister Najib Razak in scandal, his attorney general said on Tuesday in a statement clearing the premier of graft allegations.Attorney General Mohamed Apandi Ali said a review of evidence compiled by the country's anti-graft agency showed that the money was a "personal donation from the Saudi royal family", but gave no further details.Najib has for months fended off accusations ...

World - South East Asia

Suu Kyi meets Myanmar army chief as power transition looms YANGON: Aung San Suu Kyi and Myanmar's powerful army chief held fresh talks Monday on the country's dramatic political transition, days before a military-dominated legislature hands over to the most democratic parliament in generations.The discussions are the latest effort to smooth the transfer of power following a landslide victory for Suu Kyi's National League for Democracy in November elections, which is set to transform the once-cloistered nation after decades under military rule.The meeting saw "friendly ...

World - South East Asia

French firms to invest $10bn in India NEW DELHI: French companies will invest $10 billion in India over the next five years, chiefly in the industrial sector, Finance Minister Michel Sapin said on Monday during a visit by President Francois Hollande to India."Over the last five years, French companies have invested more than $1 billion per year in India," Sapin said in a speech to the Federation of Indian Chambers of Commerce and Industry in New Delhi."We estimate that they will continue ...