• Saturday, February 28, 2015

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Cheap oil: Asia's winners and losers

Cheap oil: Asia's winners and losers

The price of crude oil has halved since June 2014. Who has benefitted? Mainly those countries that need to import oil, that use more of it than they can produce themselves. The probable gainers include India, South Korea, Thailand and - up to a point - China and Japan. South Korea is a striking case....

SKorea to rule new adultery law

SKorea to rule new adultery law

South Korea's Constitutional court is set to rule on an adultery law, which punishes cheating spouses with a sentence of up to two years in prison. Introduced in 1953 as a way to maintain social order, about 100,000 people have been convicted for violating the law, local media said. Opinion polls suggest many Koreans today...

Two dead in 100-car SKorea pile-up

Two dead in 100-car SKorea pile-up

At least two people have been killed in a pile-up involving about 100 cars on a bridge near South Korea's Incheon International Airport. Another 42 people were injured in the incident, eight of them seriously, the Yonhap news agency reports. Initial reports suggest the pile-up began when a bus hit a car in front of...

NKorean leader Kim Jong-Un proposes talks

NKorean leader Kim Jong-Un proposes talks

North Korean leader Kim Jong-un has offered to hold talks at the highest level with South Korea. President Kim was giving his new year message broadcast on state television. He said if Pyongyang's conditions were met, he would even be prepared to hold a summit meeting with South Korean President Park Guen-hye. On Monday, South Korea...

PM inaugurates Dhaka Int’l Trade Fair

PM inaugurates Dhaka Int’l Trade Fair

Prime Minister Sheikh Hasina told businessmen to increase productivity to survive in the competitive world of today while opening the Dhaka International Trade Fair. She urged them to make more quality, standard and attractive products. She formally inaugurated the month-long annual mega-event Dhaka International Trade Fair-2015 this morning, which is aimed to showcase Bangladeshi products...

Bangladeshi labourer became Cambodia ship’s ‘Captain’!

Bangladeshi labourer became Cambodia ship’s ‘Captain’!

They left the port with an entire vessel without sufficient knowledge of sea navigation and suffered the consequences with the cost of three lives and the cargo-laden ship! The captain and the chief engineer, both from Bangladesh, of the sunken Cambodian cargo vessel “Ming Guang” were taken to Tokyo after they were rescued from...

Busan IPark coming today

Busan IPark, a top-tier football club of South Korea, will arrive in Dhaka today for a friendly fixture against Bangladesh Premier League champions Sheikh Jamal Dhanmondi Club on Saturday. The four-time Korean League champions will arrive here at 8:20pm, with a 24-man contingent including 18 players -- two goalkeepers, seven defenders, five midfielders, four forwards -- and six officials. The Busan-based club, which won the AFC Champions League in 1986 and finished the recently-concluded K League in eighth position among...

S Korea ferry captain jailed for 36yrs

S Korea ferry captain jailed for 36yrs

The captain of the South Korean ferry which sank in April has been found guilty of gross negligence and sentenced to 36 years in prison. The Sewol ferry was carrying 476 people when it went down. More than 300 died, most of them school students. Lee Joon-seok was among 15 crew members on trial over...

Samsung profit lowest in 3 years

Samsung profit lowest in 3 years

Samsung Electronics has seen its quarterly operating profit fall to its lowest level in more than three years because of slowing smartphone sales. The South Korean company said profit fell 60% to 4.1tn won ($3.8bn; £2.5bn) in the three months to September. The results were in line with the firm's preliminary estimates released earlier this...

Bangladesh re-elected member of ITU council

Bangladesh has been re-elected to the administrative council of the International Telecommunication Union (ITU) for 2015-2018. The election was held yesterday during a plenipotentiary conference of ITU in Busan, South Korea, in which Bangladesh bagged 115 votes and has been elected as the council member from the East Asia and Australasia zone for the next four years. ITU is an UN body that deals with telecom-related matters aiming to ensure networks and improve access to ICT for underserved communities worldwide. Bangladesh has...

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